# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0001752724-25-181078
**Filing Date:** 2025-7
**Character Count:** 157911
**Document Hash:** a641549b915076b4ba1eac67ede66efc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181078.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181078

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ultimus Managers Trust
- **CENTRAL INDEX KEY:** 0001545440

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22680
- **FILM NUMBER:** 251157734

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3400

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Blueprint Adaptive Growth Allocation Fund (Series ID: S000068289)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000218613 | Institutional Class | BLUIX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |
| **May 31, 2025 (Unaudited)** | **May 31, 2025 (Unaudited)** | **May 31, 2025 (Unaudited)** |
| **COMMON STOCKS - 84.4%** | **Shares** | **Value** |
| **Communications - 8.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Cable & Satellite - 0.0% <sup>(a)</sup>* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;138 | &nbsp;&nbsp;$54685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Entertainment Content - 0.8%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bandai Namco Holdings, Inc. - ADR | &nbsp;&nbsp;24534 | &nbsp;&nbsp;388128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Universal Music Group N.V. - ADR | &nbsp;&nbsp;29631 | &nbsp;&nbsp;471429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Company (The) | &nbsp;&nbsp;5222 | &nbsp;&nbsp;590295 |
|  |  | &nbsp;&nbsp;1449852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Internet Media & Services - 6.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A | &nbsp;&nbsp;7918 | &nbsp;&nbsp;1359837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class C | &nbsp;&nbsp;6431 | &nbsp;&nbsp;1111598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Auto Trader Group plc - ADR | &nbsp;&nbsp;153024 | &nbsp;&nbsp;405514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Booking Holdings, Inc. | &nbsp;&nbsp;125 | &nbsp;&nbsp;689866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maplebear, Inc. <sup>(b)</sup> | &nbsp;&nbsp;4976 | &nbsp;&nbsp;227254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. - Class A | &nbsp;&nbsp;6381 | &nbsp;&nbsp;4131634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netflix, Inc. <sup>(b)</sup> | &nbsp;&nbsp;1886 | &nbsp;&nbsp;2276836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prosus N.V. - ADR | &nbsp;&nbsp;45673 | &nbsp;&nbsp;463581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shopify, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;3913 | &nbsp;&nbsp;419552 |
|  |  | &nbsp;&nbsp;11085672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Telecommunications - 1.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AT&T, Inc. | &nbsp;&nbsp;29970 | &nbsp;&nbsp;833166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Telekom AG - ADR | &nbsp;&nbsp;30396 | &nbsp;&nbsp;1150488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T-Mobile US, Inc. | &nbsp;&nbsp;665 | &nbsp;&nbsp;161063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. | &nbsp;&nbsp;15560 | &nbsp;&nbsp;684018 |
|  |  | &nbsp;&nbsp;2828735 |
| **Consumer Discretionary - 8.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Apparel & Textile Products - 0.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;adidas AG - ADR | &nbsp;&nbsp;1696 | &nbsp;&nbsp;211169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CIE Financiere Richermont S.A. - ADR | &nbsp;&nbsp;23728 | &nbsp;&nbsp;446798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hermes International SCA - ADR | &nbsp;&nbsp;1539 | &nbsp;&nbsp;424072 |
|  |  | &nbsp;&nbsp;1082039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Automotive - 1.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dorman Products, Inc. <sup>(b)</sup> | &nbsp;&nbsp;697 | &nbsp;&nbsp;90129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ferrari N.V. | &nbsp;&nbsp;911 | &nbsp;&nbsp;436150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tesla, Inc. <sup>(b)</sup> | &nbsp;&nbsp;7645 | &nbsp;&nbsp;2648687 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 84.4% (Continued)** | **Shares** | **Value** |
| **Consumer Discretionary - 8.9% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Automotive - 1.9% (Continued)* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toyota Motor Corporation - ADR | &nbsp;&nbsp;1080 | &nbsp;&nbsp;$205816 |
|  |  | &nbsp;&nbsp;3380782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Consumer Services - 0.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adtalem Global Education, Inc. <sup>(b)</sup> | &nbsp;&nbsp;1498 | &nbsp;&nbsp;197781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grand Canyon Education, Inc. <sup>(b)</sup> | &nbsp;&nbsp;661 | &nbsp;&nbsp;130775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stride, Inc. <sup>(b)</sup> | &nbsp;&nbsp;1356 | &nbsp;&nbsp;205285 |
|  |  | &nbsp;&nbsp;533841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*E-Commerce Discretionary - 3.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc. <sup>(b)</sup> | &nbsp;&nbsp;27216 | &nbsp;&nbsp;5579552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chewy, Inc. - Class A<sup>(b)</sup> | &nbsp;&nbsp;3997 | &nbsp;&nbsp;180865 |
|  |  | &nbsp;&nbsp;5760417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Home & Office Products - 0.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Somnigroup International, Inc. | &nbsp;&nbsp;3501 | &nbsp;&nbsp;227775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Home Construction - 0.5%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Armstrong World Industries, Inc. | &nbsp;&nbsp;1376 | &nbsp;&nbsp;214147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cavco Industries, Inc. <sup>(b)</sup> | &nbsp;&nbsp;246 | &nbsp;&nbsp;106664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Geberit AG - ADR | &nbsp;&nbsp;6084 | &nbsp;&nbsp;453745 |
|  |  | &nbsp;&nbsp;774556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Leisure Facilities & Services - 1.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amadeus IT Group S.A. - ADR | &nbsp;&nbsp;5326 | &nbsp;&nbsp;443549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brinker International, Inc. <sup>(b)</sup> | &nbsp;&nbsp;1690 | &nbsp;&nbsp;291745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cinemark Holdings, Inc. | &nbsp;&nbsp;4321 | &nbsp;&nbsp;145920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;McDonald's Corporation | &nbsp;&nbsp;2911 | &nbsp;&nbsp;913617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Planet Fitness, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;2243 | &nbsp;&nbsp;230648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Roadhouse, Inc. | &nbsp;&nbsp;1535 | &nbsp;&nbsp;299647 |
|  |  | &nbsp;&nbsp;2325126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Discretionary - 1.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fast Retailing Comapny Ltd. - ADR | &nbsp;&nbsp;12452 | &nbsp;&nbsp;413655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Group 1 Automotive, Inc. | &nbsp;&nbsp;461 | &nbsp;&nbsp;195427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industria de Diseno Textil S.A. - ADR | &nbsp;&nbsp;15392 | &nbsp;&nbsp;416969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wesfarmers Ltd. - ADR | &nbsp;&nbsp;17113 | &nbsp;&nbsp;457602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams-Sonoma, Inc. | &nbsp;&nbsp;2065 | &nbsp;&nbsp;334035 |
|  |  | &nbsp;&nbsp;1817688 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 84.4% (Continued)** | **Shares** | **Value** |
| **Consumer Staples - 6.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Beverages - 0.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anheuser-Busch InBev S.A./N.V. - ADR | &nbsp;&nbsp;6046 | &nbsp;&nbsp;$426183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Company (The) | &nbsp;&nbsp;15375 | &nbsp;&nbsp;1108537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Consolidated, Inc. | &nbsp;&nbsp;785 | &nbsp;&nbsp;90000 |
|  |  | &nbsp;&nbsp;1624720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Food - 0.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BellRing Brands, Inc. <sup>(b)</sup> | &nbsp;&nbsp;3779 | &nbsp;&nbsp;237888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cal-Maine Foods, Inc. | &nbsp;&nbsp;1887 | &nbsp;&nbsp;181020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mondelez International, Inc. - Class A | &nbsp;&nbsp;3416 | &nbsp;&nbsp;230546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nestlé S.A. - ADR | &nbsp;&nbsp;3997 | &nbsp;&nbsp;425720 |
|  |  | &nbsp;&nbsp;1075174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Household Products - 0.8%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive Company | &nbsp;&nbsp;1164 | &nbsp;&nbsp;108182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Haleon plc - ADR | &nbsp;&nbsp;41066 | &nbsp;&nbsp;466099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;L'Oreal S.A. - ADR | &nbsp;&nbsp;5106 | &nbsp;&nbsp;431355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unilever plc - ADR | &nbsp;&nbsp;6706 | &nbsp;&nbsp;428111 |
|  |  | &nbsp;&nbsp;1433747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Consumer Staples - 2.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc. <sup>(b)</sup> | &nbsp;&nbsp;3833 | &nbsp;&nbsp;433934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Casey's General Stores, Inc. | &nbsp;&nbsp;942 | &nbsp;&nbsp;412370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale Corporation | &nbsp;&nbsp;1756 | &nbsp;&nbsp;1826556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sprouts Farmers Market, Inc. <sup>(b)</sup> | &nbsp;&nbsp;4815 | &nbsp;&nbsp;832321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc. | &nbsp;&nbsp;17395 | &nbsp;&nbsp;1717234 |
|  |  | &nbsp;&nbsp;5222415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Tobacco & Cannabis - 1.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altria Group, Inc. | &nbsp;&nbsp;6582 | &nbsp;&nbsp;398935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;British American Tobacco plc - ADR | &nbsp;&nbsp;9858 | &nbsp;&nbsp;445581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip Morris International, Inc. | &nbsp;&nbsp;6967 | &nbsp;&nbsp;1258171 |
|  |  | &nbsp;&nbsp;2102687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Wholesale - Consumer Staples - 0.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods Holding Corporation <sup>(b)</sup> | &nbsp;&nbsp;6408 | &nbsp;&nbsp;507001 |
| **Energy - 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Oil & Gas Producers - 1.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Corporation | &nbsp;&nbsp;6789 | &nbsp;&nbsp;127497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Resources Corporation <sup>(b)</sup> | &nbsp;&nbsp;6344 | &nbsp;&nbsp;237583 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 84.4% (Continued)** | **Shares** | **Value** |
| **Energy - 1.4% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Oil & Gas Producers - 1.2% (Continued)* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream, Inc. | &nbsp;&nbsp;4814 | &nbsp;&nbsp;$504218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enbridge, Inc. | &nbsp;&nbsp;21799 | &nbsp;&nbsp;1013218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shell plc - ADR | &nbsp;&nbsp;3210 | &nbsp;&nbsp;212566 |
|  |  | &nbsp;&nbsp;2095082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Oil & Gas Services & Equipment - 0.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archrock, Inc. | &nbsp;&nbsp;4930 | &nbsp;&nbsp;122757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Renewable Energy - 0.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vestas Wind Systems A/S - ADR | &nbsp;&nbsp;40643 | &nbsp;&nbsp;213376 |
| **Financials - 17.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Asset Management - 0.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brookfield Corporation | &nbsp;&nbsp;7409 | &nbsp;&nbsp;427648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) | &nbsp;&nbsp;6810 | &nbsp;&nbsp;601595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;StepStone Group, Inc. - Class A | &nbsp;&nbsp;2361 | &nbsp;&nbsp;136584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UBS Group AG | &nbsp;&nbsp;13445 | &nbsp;&nbsp;428761 |
|  |  | &nbsp;&nbsp;1594588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Banking - 6.8%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco BBVA Argentina S.A. - ADR | &nbsp;&nbsp;20235 | &nbsp;&nbsp;397820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Santander S.A. - ADR | &nbsp;&nbsp;56737 | &nbsp;&nbsp;452194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation | &nbsp;&nbsp;19271 | &nbsp;&nbsp;850429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of Montreal | &nbsp;&nbsp;4003 | &nbsp;&nbsp;429722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of Nova Scotia (The) | &nbsp;&nbsp;4018 | &nbsp;&nbsp;215044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barclays plc - ADR | &nbsp;&nbsp;26172 | &nbsp;&nbsp;466647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas S.A. - ADR | &nbsp;&nbsp;23359 | &nbsp;&nbsp;1027095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc. | &nbsp;&nbsp;5438 | &nbsp;&nbsp;409590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commerce Bancshares, Inc. | &nbsp;&nbsp;2829 | &nbsp;&nbsp;178255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth Bank of Australia - ADR | &nbsp;&nbsp;4527 | &nbsp;&nbsp;516259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DBS Group Holdings Ltd. - ADR | &nbsp;&nbsp;3052 | &nbsp;&nbsp;421176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;East West Bancorp, Inc. | &nbsp;&nbsp;3095 | &nbsp;&nbsp;282264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Horizon Corporation | &nbsp;&nbsp;13358 | &nbsp;&nbsp;265557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings plc - ADR | &nbsp;&nbsp;7194 | &nbsp;&nbsp;426460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intesa Sanpaolo S.p.A. - ADR | &nbsp;&nbsp;12901 | &nbsp;&nbsp;432183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company | &nbsp;&nbsp;8015 | &nbsp;&nbsp;2115960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lloyds Banking Group plc - ADR | &nbsp;&nbsp;105613 | &nbsp;&nbsp;444631 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 84.4% (Continued)** | **Shares** | **Value** |
| **Financials - 17.1% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Banking - 6.8% (Continued)* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group, Inc. - ADR | &nbsp;&nbsp;31009 | &nbsp;&nbsp;$437847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group, Inc. - ADR | &nbsp;&nbsp;77437 | &nbsp;&nbsp;430550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Australia Bank Ltd. - ADR | &nbsp;&nbsp;17655 | &nbsp;&nbsp;217686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Old National Bancorp | &nbsp;&nbsp;7617 | &nbsp;&nbsp;158891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Bank of Canada | &nbsp;&nbsp;3396 | &nbsp;&nbsp;430138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toronto-Dominion Bank (The) | &nbsp;&nbsp;6226 | &nbsp;&nbsp;429905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Bancorp | &nbsp;&nbsp;2457 | &nbsp;&nbsp;107101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Company | &nbsp;&nbsp;9640 | &nbsp;&nbsp;720879 |
|  |  | &nbsp;&nbsp;12264283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Institutional Financial Services - 3.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corporation (The) | &nbsp;&nbsp;1994 | &nbsp;&nbsp;176688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlackRock, Inc. | &nbsp;&nbsp;418 | &nbsp;&nbsp;409594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Boerse AG - ADR | &nbsp;&nbsp;13395 | &nbsp;&nbsp;431453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evercore, Inc. - Class A | &nbsp;&nbsp;457 | &nbsp;&nbsp;105791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp;910 | &nbsp;&nbsp;546409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Kong Exchanges and Clearing Ltd. - ADR | &nbsp;&nbsp;23496 | &nbsp;&nbsp;1176680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houlihan Lokey, Inc. | &nbsp;&nbsp;1535 | &nbsp;&nbsp;268134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interactive Brokers Group, Inc. - Class A | &nbsp;&nbsp;4499 | &nbsp;&nbsp;943350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;London Stock Exchange Group plc - ADR | &nbsp;&nbsp;10890 | &nbsp;&nbsp;417523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley | &nbsp;&nbsp;3611 | &nbsp;&nbsp;462316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PJT Partners, Inc. - Class A | &nbsp;&nbsp;503 | &nbsp;&nbsp;75782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SEI Investments Company | &nbsp;&nbsp;2526 | &nbsp;&nbsp;215367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;StoneX Group, Inc. <sup>(b)</sup> | &nbsp;&nbsp;1692 | &nbsp;&nbsp;143236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virtu Financial, Inc. - Class A | &nbsp;&nbsp;3940 | &nbsp;&nbsp;158349 |
|  |  | &nbsp;&nbsp;5530672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Insurance - 5.4%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AIA Group Ltd. - ADR | &nbsp;&nbsp;12898 | &nbsp;&nbsp;428988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allianz SE - ADR | &nbsp;&nbsp;28026 | &nbsp;&nbsp;1109549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American International Group, Inc. | &nbsp;&nbsp;1708 | &nbsp;&nbsp;144565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AXA S.A. - ADR | &nbsp;&nbsp;8871 | &nbsp;&nbsp;419421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. - Class B <sup>(b)</sup> | &nbsp;&nbsp;8105 | &nbsp;&nbsp;4084596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equitable Holdings, Inc. | &nbsp;&nbsp;9974 | &nbsp;&nbsp;527325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Muenchener Rueckversicherungs-Gesellschaft AG - ADR | &nbsp;&nbsp;31150 | &nbsp;&nbsp;404327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Old Republic International Corporation | &nbsp;&nbsp;7618 | &nbsp;&nbsp;287960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palomar Holdings, Inc. <sup>(b)</sup> | &nbsp;&nbsp;763 | &nbsp;&nbsp;130832 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 84.4% (Continued)** | **Shares** | **Value** |
| **Financials - 17.1% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Insurance - 5.4% (Continued)* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. | &nbsp;&nbsp;703 | &nbsp;&nbsp;$142913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryan Specialty Holdings, Inc. | &nbsp;&nbsp;2648 | &nbsp;&nbsp;189517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sompo Holdings, Inc. - ADR | &nbsp;&nbsp;25227 | &nbsp;&nbsp;380675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swiss Re AG - ADR | &nbsp;&nbsp;9555 | &nbsp;&nbsp;424720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tokio Marine Holdings, Inc. - ADR | &nbsp;&nbsp;10550 | &nbsp;&nbsp;446687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unum Group | &nbsp;&nbsp;6357 | &nbsp;&nbsp;519431 |
|  |  | &nbsp;&nbsp;9641506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Specialty Finance - 0.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adyen N.V. - ADR <sup>(b)</sup> | &nbsp;&nbsp;25628 | &nbsp;&nbsp;490776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Express Company | &nbsp;&nbsp;1564 | &nbsp;&nbsp;459894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corporation | &nbsp;&nbsp;936 | &nbsp;&nbsp;177045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGIC Investment Corporation | &nbsp;&nbsp;7865 | &nbsp;&nbsp;208029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr. Cooper Group, Inc. <sup>(b)</sup> | &nbsp;&nbsp;1812 | &nbsp;&nbsp;234708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLM Corporation | &nbsp;&nbsp;4313 | &nbsp;&nbsp;139612 |
|  |  | &nbsp;&nbsp;1710064 |
| **Health Care - 3.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Biotech & Pharma - 2.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AbbVie, Inc. | &nbsp;&nbsp;3248 | &nbsp;&nbsp;604485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ADMA Biologics, Inc. <sup>(b)</sup> | &nbsp;&nbsp;12556 | &nbsp;&nbsp;249111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corcept Therapeutics, Inc. <sup>(b)</sup> | &nbsp;&nbsp;4328 | &nbsp;&nbsp;335680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Daiichi Sankyo Company Ltd. - ADR | &nbsp;&nbsp;7884 | &nbsp;&nbsp;210503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exelixis, Inc. <sup>(b)</sup> | &nbsp;&nbsp;5831 | &nbsp;&nbsp;250966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. | &nbsp;&nbsp;5565 | &nbsp;&nbsp;612595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GSK plc - ADR | &nbsp;&nbsp;10738 | &nbsp;&nbsp;440580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Halozyme Therapeutics, Inc. <sup>(b)</sup> | &nbsp;&nbsp;1612 | &nbsp;&nbsp;90385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novartis AG - ADR | &nbsp;&nbsp;3795 | &nbsp;&nbsp;439309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Roche Holding AG - ADR | &nbsp;&nbsp;5128 | &nbsp;&nbsp;206659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanofi S.A. - ADR | &nbsp;&nbsp;3949 | &nbsp;&nbsp;194962 |
|  |  | &nbsp;&nbsp;3635235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Health Care Facilities & Services - 0.5%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVS Health Corporation | &nbsp;&nbsp;1696 | &nbsp;&nbsp;108612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encompass Health Corporation | &nbsp;&nbsp;3291 | &nbsp;&nbsp;397882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare Corporation <sup>(b)</sup> | &nbsp;&nbsp;2097 | &nbsp;&nbsp;353910 |
|  |  | &nbsp;&nbsp;860404 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 84.4% (Continued)** | **Shares** | **Value** |
| **Health Care - 3.6% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Medical Equipment & Devices - 1.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Abbott Laboratories | &nbsp;&nbsp;7668 | &nbsp;&nbsp;$1024292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EssilorLuxottica S.A. - ADR | &nbsp;&nbsp;2946 | &nbsp;&nbsp;410849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical, Inc. <sup>(b)</sup> | &nbsp;&nbsp;1021 | &nbsp;&nbsp;563939 |
|  |  | &nbsp;&nbsp;1999080 |
| **Industrials - 8.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Aerospace & Defense - 2.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Airbus SE - ADR | &nbsp;&nbsp;9221 | &nbsp;&nbsp;422045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAE Systems plc - ADR | &nbsp;&nbsp;4506 | &nbsp;&nbsp;463217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boeing Company (The) <sup>(b)</sup> | &nbsp;&nbsp;2114 | &nbsp;&nbsp;438275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Curtiss-Wright Corporation | &nbsp;&nbsp;862 | &nbsp;&nbsp;379375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Dynamics Corporation | &nbsp;&nbsp;324 | &nbsp;&nbsp;90231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rheinmetall AG - ADR | &nbsp;&nbsp;998 | &nbsp;&nbsp;425238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rolls-Royce Holdings plc - ADR | &nbsp;&nbsp;41106 | &nbsp;&nbsp;477241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RTX Corporation | &nbsp;&nbsp;3688 | &nbsp;&nbsp;503338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Safran SA - ADR | &nbsp;&nbsp;6375 | &nbsp;&nbsp;468817 |
|  |  | &nbsp;&nbsp;3667777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Commercial Support Services - 0.4%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clean Harbors, Inc. <sup>(b)</sup> | &nbsp;&nbsp;553 | &nbsp;&nbsp;125415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CorVel Corporation <sup>(b)</sup> | &nbsp;&nbsp;671 | &nbsp;&nbsp;74662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H&R Block, Inc. | &nbsp;&nbsp;5206 | &nbsp;&nbsp;296482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Recruit Holdings Company Ltd. - ADR | &nbsp;&nbsp;17524 | &nbsp;&nbsp;208535 |
|  |  | &nbsp;&nbsp;705094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Diversified Industrials - 1.8%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M Company | &nbsp;&nbsp;1542 | &nbsp;&nbsp;228756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emerson Electric Company | &nbsp;&nbsp;742 | &nbsp;&nbsp;88580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Electric Company | &nbsp;&nbsp;4223 | &nbsp;&nbsp;1038478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hitachi Ltd. - ADR | &nbsp;&nbsp;15331 | &nbsp;&nbsp;426202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Honeywell International, Inc. | &nbsp;&nbsp;1816 | &nbsp;&nbsp;411633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Siemens AG - ADR | &nbsp;&nbsp;8797 | &nbsp;&nbsp;1064085 |
|  |  | &nbsp;&nbsp;3257734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Electrical Equipment - 0.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acuity, Inc. | &nbsp;&nbsp;609 | &nbsp;&nbsp;158273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Badger Meter, Inc. | &nbsp;&nbsp;721 | &nbsp;&nbsp;178967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Itron, Inc. <sup>(b)</sup> | &nbsp;&nbsp;939 | &nbsp;&nbsp;108548 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 84.4% (Continued)** | **Shares** | **Value** |
| **Industrials - 8.6% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Electrical Equipment - 0.9% (Continued)* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;nVent Electric plc | &nbsp;&nbsp;3850 | &nbsp;&nbsp;$253330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OSI Systems, Inc. <sup>(b)</sup> | &nbsp;&nbsp;407 | &nbsp;&nbsp;89178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Schneider Electric SE - ADR | &nbsp;&nbsp;4210 | &nbsp;&nbsp;211131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Siemens Energy AG - ADR <sup>(b)</sup> | &nbsp;&nbsp;5255 | &nbsp;&nbsp;512099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPX Technologies, Inc. <sup>(b)</sup> | &nbsp;&nbsp;928 | &nbsp;&nbsp;141140 |
|  |  | &nbsp;&nbsp;1652666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Engineering & Construction - 1.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comfort Systems USA, Inc. | &nbsp;&nbsp;864 | &nbsp;&nbsp;413191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dycom Industries, Inc. <sup>(b)</sup> | &nbsp;&nbsp;626 | &nbsp;&nbsp;143930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EMCOR Group, Inc. | &nbsp;&nbsp;1443 | &nbsp;&nbsp;680894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Frontdoor, Inc. <sup>(b)</sup> | &nbsp;&nbsp;2571 | &nbsp;&nbsp;141430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Granite Construction, Inc. | &nbsp;&nbsp;1985 | &nbsp;&nbsp;177558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MasTec, Inc. <sup>(b)</sup> | &nbsp;&nbsp;2060 | &nbsp;&nbsp;321216 |
|  |  | &nbsp;&nbsp;1878219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Industrial Intermediate Products - 0.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mueller Industries, Inc. | &nbsp;&nbsp;2520 | &nbsp;&nbsp;196232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Industrial Support Services - 0.4%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applied Industrial Technologies, Inc. | &nbsp;&nbsp;535 | &nbsp;&nbsp;121188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Core & Main, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;4325 | &nbsp;&nbsp;237053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RB Global, Inc. | &nbsp;&nbsp;4096 | &nbsp;&nbsp;431309 |
|  |  | &nbsp;&nbsp;789550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Machinery - 0.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caterpillar, Inc. | &nbsp;&nbsp;657 | &nbsp;&nbsp;228656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deere & Company | &nbsp;&nbsp;1003 | &nbsp;&nbsp;507779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enerpac Tool Group Corporation | &nbsp;&nbsp;1621 | &nbsp;&nbsp;69508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Esab Corporation | &nbsp;&nbsp;1298 | &nbsp;&nbsp;159641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gates Industrial Corporation plc <sup>(b)</sup> | &nbsp;&nbsp;6637 | &nbsp;&nbsp;140373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zurn Elkay Water Solutions Corporation | &nbsp;&nbsp;2933 | &nbsp;&nbsp;106145 |
|  |  | &nbsp;&nbsp;1212102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Transportation & Logistics - 0.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canadian National Railway Company | &nbsp;&nbsp;2021 | &nbsp;&nbsp;212084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canadian Pacific Kansas City Ltd. | &nbsp;&nbsp;2621 | &nbsp;&nbsp;214005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Post AG - ADR | &nbsp;&nbsp;9608 | &nbsp;&nbsp;430438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kone OYJ - B Shares - ADR | &nbsp;&nbsp;14498 | &nbsp;&nbsp;450888 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 84.4% (Continued)** | **Shares** | **Value** |
| **Industrials - 8.6% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Transportation & Logistics - 0.9% (Continued)* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryder System, Inc. | &nbsp;&nbsp;944 | &nbsp;&nbsp;$138891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SkyWest, Inc. <sup>(b)</sup> | &nbsp;&nbsp;1736 | &nbsp;&nbsp;176117 |
|  |  | &nbsp;&nbsp;1622423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Transportation Equipment - 0.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Volvo AB - B Shares - ADR | &nbsp;&nbsp;15320 | &nbsp;&nbsp;425743 |
| **Materials - 2.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Chemicals - 1.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BASF SE - ADR | &nbsp;&nbsp;65958 | &nbsp;&nbsp;794134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Linde plc | &nbsp;&nbsp;2216 | &nbsp;&nbsp;1036157 |
|  |  | &nbsp;&nbsp;1830291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Construction Materials - 0.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Knife River Corporation <sup>(b)</sup> | &nbsp;&nbsp;1742 | &nbsp;&nbsp;163922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MDU Resources Group, Inc. | &nbsp;&nbsp;8531 | &nbsp;&nbsp;146648 |
|  |  | &nbsp;&nbsp;310570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Containers & Packaging - 0.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brambles Ltd. - ADR | &nbsp;&nbsp;16289 | &nbsp;&nbsp;488996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Metals & Mining - 0.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BHP Group Ltd. - ADR | &nbsp;&nbsp;4331 | &nbsp;&nbsp;212176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rio Tinto plc - ADR | &nbsp;&nbsp;3535 | &nbsp;&nbsp;210085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Metal Mining Company Ltd. - ADR | &nbsp;&nbsp;37689 | &nbsp;&nbsp;214450 |
|  |  | &nbsp;&nbsp;636711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Steel - 0.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carpenter Technology Corporation | &nbsp;&nbsp;2207 | &nbsp;&nbsp;518645 |
| **Real Estate - 5.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*REITs - 5.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Homes 4 Rent - Class A | &nbsp;&nbsp;8514 | &nbsp;&nbsp;322255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Tower Corporation | &nbsp;&nbsp;8559 | &nbsp;&nbsp;1837189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CareTrust REIT, Inc. | &nbsp;&nbsp;4973 | &nbsp;&nbsp;143024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Castle, Inc. | &nbsp;&nbsp;5140 | &nbsp;&nbsp;515799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Realty Trust, Inc. | &nbsp;&nbsp;6674 | &nbsp;&nbsp;1144725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc. | &nbsp;&nbsp;897 | &nbsp;&nbsp;797272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Essential Properties Realty Trust, Inc. | &nbsp;&nbsp;3699 | &nbsp;&nbsp;120218 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 84.4% (Continued)** | **Shares** | **Value** |
| **Real Estate - 5.7% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*REITs - 5.7% (Continued)* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GEO Group, Inc. (The) <sup>(b)</sup> | &nbsp;&nbsp;2924 | &nbsp;&nbsp;$79357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invitation Homes, Inc. | &nbsp;&nbsp;14366 | &nbsp;&nbsp;484134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain, Inc. | &nbsp;&nbsp;3433 | &nbsp;&nbsp;338871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc. | &nbsp;&nbsp;1476 | &nbsp;&nbsp;231215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regency Centers Corporation | &nbsp;&nbsp;2209 | &nbsp;&nbsp;159379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabra Health Care REIT, Inc. | &nbsp;&nbsp;6118 | &nbsp;&nbsp;106943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SBA Communications Corporation | &nbsp;&nbsp;2631 | &nbsp;&nbsp;610103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Pacific Land Corporation | &nbsp;&nbsp;503 | &nbsp;&nbsp;560357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VICI Properties, Inc. | &nbsp;&nbsp;25106 | &nbsp;&nbsp;796111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vornado Realty Trust | &nbsp;&nbsp;3679 | &nbsp;&nbsp;138588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Welltower, Inc. | &nbsp;&nbsp;12097 | &nbsp;&nbsp;1866325 |
|  |  | &nbsp;&nbsp;10251865 |
| **Technology - 20.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Semiconductors - 7.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc. <sup>(b)</sup> | &nbsp;&nbsp;2335 | &nbsp;&nbsp;258554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASML Holding N.V. | &nbsp;&nbsp;283 | &nbsp;&nbsp;208506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp;13368 | &nbsp;&nbsp;3235992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation | &nbsp;&nbsp;66992 | &nbsp;&nbsp;9052629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | &nbsp;&nbsp;1346 | &nbsp;&nbsp;246116 |
|  |  | &nbsp;&nbsp;13001797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Software - 7.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ACI Worldwide, Inc. <sup>(b)</sup> | &nbsp;&nbsp;1978 | &nbsp;&nbsp;91502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CommVault Systems, Inc. <sup>(b)</sup> | &nbsp;&nbsp;737 | &nbsp;&nbsp;134982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Doximity, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;2028 | &nbsp;&nbsp;105639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duolingo, Inc. <sup>(b)</sup> | &nbsp;&nbsp;948 | &nbsp;&nbsp;492590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Guidewire Software, Inc. <sup>(b)</sup> | &nbsp;&nbsp;2816 | &nbsp;&nbsp;605496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intuit, Inc. | &nbsp;&nbsp;686 | &nbsp;&nbsp;516880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation | &nbsp;&nbsp;20868 | &nbsp;&nbsp;9606792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation | &nbsp;&nbsp;2285 | &nbsp;&nbsp;378236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palantir Technologies, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;6174 | &nbsp;&nbsp;813610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SAP SE - ADR | &nbsp;&nbsp;1431 | &nbsp;&nbsp;433393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ServiceNow, Inc. <sup>(b)</sup> | &nbsp;&nbsp;595 | &nbsp;&nbsp;601599 |
|  |  | &nbsp;&nbsp;13780719 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 84.4% (Continued)** | **Shares** | **Value** |
| **Technology - 20.1% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Technology Hardware - 1.7%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | &nbsp;&nbsp;10958 | &nbsp;&nbsp;$690792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flex Ltd. <sup>(b)</sup> | &nbsp;&nbsp;8929 | &nbsp;&nbsp;377697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;InterDigital, Inc. | &nbsp;&nbsp;920 | &nbsp;&nbsp;199879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nintendo Company Ltd. - ADR | &nbsp;&nbsp;20313 | &nbsp;&nbsp;415198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanmina Corporation <sup>(b)</sup> | &nbsp;&nbsp;1069 | &nbsp;&nbsp;90534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sony Group Corporation - ADR | &nbsp;&nbsp;44058 | &nbsp;&nbsp;1162250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TD SYNNEX Corporation | &nbsp;&nbsp;870 | &nbsp;&nbsp;105566 |
|  |  | &nbsp;&nbsp;3041916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Technology Services - 3.4%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CACI International, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;313 | &nbsp;&nbsp;133964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ExlService Holdings, Inc. <sup>(b)</sup> | &nbsp;&nbsp;5408 | &nbsp;&nbsp;248714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Experian plc - ADR | &nbsp;&nbsp;8569 | &nbsp;&nbsp;427422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Business Machines Corporation | &nbsp;&nbsp;2669 | &nbsp;&nbsp;691431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kyndryl Holdings, Inc. <sup>(b)</sup> | &nbsp;&nbsp;5003 | &nbsp;&nbsp;195317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc. - Class A | &nbsp;&nbsp;2305 | &nbsp;&nbsp;1349808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RELX plc - ADR | &nbsp;&nbsp;7831 | &nbsp;&nbsp;422247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc. - Class A | &nbsp;&nbsp;7263 | &nbsp;&nbsp;2652375 |
|  |  | &nbsp;&nbsp;6121278 |
| **Utilities - 1.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Electric Utilities - 1.5%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation | &nbsp;&nbsp;1077 | &nbsp;&nbsp;126785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enel S.p.A. - ADR | &nbsp;&nbsp;107599 | &nbsp;&nbsp;985607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iberdrola S.A. - ADR | &nbsp;&nbsp;5829 | &nbsp;&nbsp;427091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Grid plc - ADR | &nbsp;&nbsp;5738 | &nbsp;&nbsp;409636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OGE Energy Corporation | &nbsp;&nbsp;5241 | &nbsp;&nbsp;233067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southern Company (The) | &nbsp;&nbsp;4321 | &nbsp;&nbsp;388890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TXNM Energy, Inc. | &nbsp;&nbsp;2502 | &nbsp;&nbsp;141838 |
|  |  | &nbsp;&nbsp;2712914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Gas & Water Utilities - 0.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Fuel Gas Company | &nbsp;&nbsp;3028 | &nbsp;&nbsp;249931 |
| **Total Common Stocks** (Cost $133,958,529) | **Total Common Stocks** (Cost $133,958,529) | &nbsp;&nbsp;$151307132 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **EXCHANGE-TRADED FUNDS - 13.7%** | **Shares** | **Value** |
| Cambria Tactical Yield ETF | &nbsp;&nbsp;39500 | &nbsp;&nbsp;$1007053 |
| ClearShares Ultra-Short Maturity ETF | &nbsp;&nbsp;20000 | &nbsp;&nbsp;2002700 |
| Global X MSCI Greece ETF | &nbsp;&nbsp;5336 | &nbsp;&nbsp;293480 |
| iShares China Large-Cap ETF | &nbsp;&nbsp;75177 | &nbsp;&nbsp;2631195 |
| iShares Gold Trust <sup>(b)</sup> | &nbsp;&nbsp;71732 | &nbsp;&nbsp;4458861 |
| iShares MSCI Brazil ETF | &nbsp;&nbsp;30045 | &nbsp;&nbsp;817525 |
| iShares MSCI Chile ETF | &nbsp;&nbsp;18504 | &nbsp;&nbsp;582876 |
| iShares MSCI China ETF | &nbsp;&nbsp;49699 | &nbsp;&nbsp;2625101 |
| iShares MSCI India ETF | &nbsp;&nbsp;70595 | &nbsp;&nbsp;3834014 |
| iShares MSCI Malaysia ETF | &nbsp;&nbsp;2926 | &nbsp;&nbsp;70107 |
| iShares MSCI Mexico ETF | &nbsp;&nbsp;13069 | &nbsp;&nbsp;786362 |
| iShares MSCI Philippines ETF | &nbsp;&nbsp;6988 | &nbsp;&nbsp;190353 |
| iShares MSCI Qatar ETF | &nbsp;&nbsp;11556 | &nbsp;&nbsp;216675 |
| iShares MSCI South Africa ETF | &nbsp;&nbsp;2836 | &nbsp;&nbsp;148068 |
| iShares MSCI South Korea ETF | &nbsp;&nbsp;23860 | &nbsp;&nbsp;1446632 |
| iShares MSCI Taiwan ETF | &nbsp;&nbsp;10743 | &nbsp;&nbsp;562718 |
| iShares MSCI UAE ETF | &nbsp;&nbsp;13685 | &nbsp;&nbsp;254130 |
| Xtrackers Harvest CSI 300 China A Shares ETF | &nbsp;&nbsp;100254 | &nbsp;&nbsp;2640690 |
| **Total Exchange-Traded Funds** (Cost $22,335,635) | **Total Exchange-Traded Funds** (Cost $22,335,635) | &nbsp;&nbsp;$24568540 |

---

---

| | | |
|:---|:---|:---|
| **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** | **BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **MONEY MARKET FUNDS - 1.8%** | **Shares** | **Value** |
| Federated Hermes Government Obligations Fund - <br> Institutional Class, 4.17% <sup>(c)</sup> | &nbsp;&nbsp;651248 | &nbsp;&nbsp;$651248 |
| First American Government Obligations Fund - Class X, 4.23% <sup>(c)</sup> | &nbsp;&nbsp;2547219 | &nbsp;&nbsp;2547219 |
| **Total Money Market Funds** (Cost $3,198,467) | **Total Money Market Funds** (Cost $3,198,467) | &nbsp;&nbsp;$3198467 |
| **Investments at Value - 99.9%** (Cost $159,492,631) | **Investments at Value - 99.9%** (Cost $159,492,631) | &nbsp;&nbsp;$179074139 |
| **Other Assets in Excess of Liabilities - 0.1%** | **Other Assets in Excess of Liabilities - 0.1%** | &nbsp;&nbsp;137086 |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | &nbsp;&nbsp;$179211225 |

---

<sup>(a)</sup> Percentage rounds to less than 0.1%.

<sup>(b)</sup> Non-income producing security.

<sup>(c)</sup> The rate shown is the 7-day effective yield as of May 31, 2025.

---

| | |
|:---|:---|
| A/S | - Aktieselskab |
| ADR | - American Depositary Receipt |
| AG | - Aktiengesellschaft |
| N.V. | - Naamloze Vennootschap |
| OYJ | - Julkinen Osakeyhtio |
| plc | - Public Limited Company |
| S.A. | - Societe Anonyme |
| SE | - Societe Europaea |
| S.p.A. | - Societa per azioni |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Ultimus Managers Trust

- **b. Investment Company Act file number:** 811-22680

- **c. CIK number of Registrant:** 0001545440

- **d. LEI of Registrant:** 549300FU214TAR7BFY91

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

**Item A.2. Information about the Series.**

- **a. Name of Series:** BLUEPRINT ADAPTIVE GROWTH ALLOCATION FUND

- **b. EDGAR series identifier (if any):** S000068289

- **c. LEI of Series:** 549300SN3BLRR6DNB365

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $179404776.25

**Total Liabilities:** $193551.73

**Net Assets:** $179211224.52

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218613 | -5.10%               | 1.13%                | 1.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1591607.99             | $-8076410.14                               |
| Month 2  | $9264601.59              | $-7536048.60                               |
| Month 3  | $410656.77               | $1662155.34                                |

### Schedule of Portfolio Investments

| Name                                       | Title                                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Banco Santander, S.A.                      | Banco Santander S.A. ADR                                      | CUSIP: 05964H105<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |     56737 | NS      | $452193.89    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation               | Costco Wholesale Corporation                                  | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1756 | NS      | $1826556.08   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                       | Old National Bancorp                                          | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |      7617 | NS      | $158890.62    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                               | Doximity, Inc.                                                | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2028 | NS      | $105638.52    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corporation     | Zurn Elkay Water Solutions Corporation                        | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |      2933 | NS      | $106145.27    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc.                         | Iron Mountain, Inc.                                           | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |      3433 | NS      | $338871.43    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TD Synnex Corp                             | SYNNEX Corporation                                            | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |       870 | NS      | $105565.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                  | Tesla, Inc.                                                   | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      7645 | NS      | $2648686.70   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastec, Inc.                               | MasTec, Inc.                                                  | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |      2060 | NS      | $321215.80    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                        | Walt Disney Company (The)                                     | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      5222 | NS      | $590294.88    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear Inc.                             | Maplebear Incorporated                                        | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4976 | NS      | $227253.92    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc.       | Applied Industrial Technologies, Inc.                         | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |       535 | NS      | $121188.20    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc.        | Mitsubishi UFJ Financial Group, Inc. ADR                      | CUSIP: 606822104<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |     31009 | NS      | $437847.08    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corporation                  | First Horizon National Corporation                            | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |     13358 | NS      | $265557.04    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                      | American Homes 4 Rent Class A                                 | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |      8514 | NS      | $322254.90    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                              | iShares China Large-Cap ETF                                   | CUSIP: 464287184<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     75177 | NS      | $2631195.00   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc.                          | Crown Castle, Inc. REIT                                       | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |      5140 | NS      | $515799.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Axa SA                                     | AXA S.A. ADR                                                  | CUSIP: 054536107<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |      8871 | NS      | $419420.88    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc                       | Kyndryl Holdings, Inc.                                        | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |      5003 | NS      | $195317.12    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Experian PLC                               | Experian plc Sponsored ADR                                    | CUSIP: 30215C101<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | US        |      8569 | NS      | $427421.72    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corp.          | Bank of New York Mellon Corporation (The)                     | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      1994 | NS      | $176688.34    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                          | Siemens Energy AG Unsponsored ADR                             | CUSIP: 82621A104<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |      5255 | NS      | $512099.75    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries, Inc.                     | Dycom Industries, Inc.                                        | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |       626 | NS      | $143929.92    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                         | Altria Group, Inc.                                            | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      6582 | NS      | $398935.02    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries, Inc.           | Armstrong World Industries, Inc.                              | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |      1376 | NS      | $214146.88    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries                           | Cavco Industries, Inc.                                        | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       246 | NS      | $106664.37    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc                     | Guidewire Software, Inc.                                      | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |      2816 | NS      | $605496.32    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                | AbbVie, Inc.                                                  | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      3248 | NS      | $604485.28    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| OSI System Inc.                            | OSI Systems, Inc.                                             | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |       407 | NS      | $89177.77     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group Inc                        | StepStone Group, Inc.                                         | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2361 | NS      | $136583.85    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel S.p.A.                                | Enel SpA ADR                                                  | CUSIP: 29265W207<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |    107599 | NS      | $985606.84    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                             | BNP Paribas S.A. ADR                                          | CUSIP: 05565A202<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |     23359 | NS      | $1027095.23   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Corcept Therapeutics Inc.                  | Corcept Therapeutics, Inc.                                    | CUSIP: 218352102<br>LEI: 529900EO9LUTFMZ7FF90 | Long             | EC               | CORP              | US        |      4328 | NS      | $335679.68    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                               | UBS Group AG                                                  | CUSIP: H42097107<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |     13445 | NS      | $428761.05    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corporation               | Antero Resources Corporation                                  | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |      6344 | NS      | $237582.80    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PLC            | London Stock Exchange Group plc Unsponsored ADR               | CUSIP: 54211N101<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |     10890 | NS      | $417522.60    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Itron, Inc.                                | Itron, Inc.                                                   | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |       939 | NS      | $108548.40    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc.          | American International Group, Inc.                            | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |      1708 | NS      | $144565.12    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                            | Deere & Company                                               | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      1003 | NS      | $507778.78    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc.                  | Digital Realty Trust, Inc. REIT                               | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      6674 | NS      | $1144724.48   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Lloyds Banking Group PLC                   | Lloyds Banking Group plc Sponsored ADR                        | CUSIP: 539439109<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EC               | CORP              | US        |    105613 | NS      | $444630.73    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Markets Inc                | Sprouts Farmers Market, Inc.                                  | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |      4815 | NS      | $832320.90    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group Inc                              | GEO Group, Inc. (The) REIT                                    | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |      2924 | NS      | $79357.36     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                          | ASML Holding N.V. - NY Registry Shares                        | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |       283 | NS      | $208505.91    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey'S General Stores Inc.                | Casey's General Stores, Inc.                                  | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |       942 | NS      | $412369.92    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC                          | HSBC Holdings plc ADR                                         | CUSIP: 404280406<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |      7194 | NS      | $426460.32    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| The Toronto-Dominion Bank                  | Toronto-Dominion Bank (The) (Canada)                          | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |      6226 | NS      | $429905.30    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                             | Citigroup, Inc.                                               | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      5438 | NS      | $409590.16    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                  | Safran SA Unsponsored ADR                                     | CUSIP: 786584102<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |      6375 | NS      | $468817.50    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                              | RB Global Inc.                                                | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |      4096 | NS      | $431308.80    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| National Australia Bank Ltd.               | National Australia Bank Ltd. ADR                              | CUSIP: 632525408<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | EC               | CORP              | US        |     17655 | NS      | $217686.15    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd, Hong Kong                   | AIA Group Ltd. Sponsored ADR                                  | CUSIP: 001317205<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | US        |     12898 | NS      | $428987.48    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC               | British American Tobacco plc ADR                              | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | US        |      9858 | NS      | $445581.60    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Incorporated             | Texas Instruments, Inc.                                       | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      1346 | NS      | $246116.10    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                              | iShares MSCI China ETF                                        | CUSIP: 46429B671<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     49699 | NS      | $2625101.18   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian National Railway Company          | Canadian National Railway Company                             | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |      2021 | NS      | $212083.74    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cinemark Holdings Inc.                     | Cinemark Holdings, Inc.                                       | CUSIP: 17243V102<br>LEI: 549300LL2QMPTYIE0K55 | Long             | EC               | CORP              | US        |      4321 | NS      | $145920.17    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon PLC                                 | Haleon plc ADR                                                | CUSIP: 405552100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | US        |     41066 | NS      | $466099.10    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Caretrust Reit Inc                         | CareTrust REIT, Inc. REIT                                     | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |      4973 | NS      | $143023.48    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Duolingo Inc                               | DUOLINGO                                                      | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       948 | NS      | $492590.28    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr Cooper Group Inc                        | MR Cooper Group, Inc.                                         | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |      1812 | NS      | $234708.36    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                             | ServiceNow, Inc.                                              | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |       595 | NS      | $601598.55    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| EssilorLuxottica SA                        | Essilor International S.A. Unsponsored ADR                    | CUSIP: 297284200<br>LEI: 549300M3VH1A3ER1TB49 | Long             | EC               | CORP              | US        |      2946 | NS      | $410849.16    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Adma Biologics Inc                         | ADMA BIOLOGICS, INC.                                          | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12556 | NS      | $249111.04    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                         | Deutsche Boerse AG ADR                                        | CUSIP: 251542106<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |     13395 | NS      | $431452.95    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                                | SHOPIFY, INC. CLASS A                                         | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | US        |      3913 | NS      | $419551.86    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                  | GATES INDUSTRIAL CORP PLC                                     | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |      6637 | NS      | $140372.55    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc.                        | HOULIHAN LOKEY, INC.                                          | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      1535 | NS      | $268133.80    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.           | Philip Morris International, Inc.                             | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      6967 | NS      | $1258170.53   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                               | Unilever plc Sponsored ADR                                    | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |      6706 | NS      | $428111.04    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital, Inc.                         | InterDigital, Inc.                                            | CUSIP: 45867G101<br>LEI: 529900HQAUTC3VI47G64 | Long             | EC               | CORP              | US        |       920 | NS      | $199879.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                              | Equinix, Inc. REIT                                            | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       897 | NS      | $797271.54    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Munich Reinsurance AG                      | Muenchener Rueckversicherungs-Gesellschaft AG Unsponsored ADR | CUSIP: 626188106<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | US        |     31150 | NS      | $404327.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                  | Linde plc                                                     | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |      2216 | NS      | $1036157.28   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK plc                                    | GSK plc ADR                                                   | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | US        |     10738 | NS      | $440580.14    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                               | Barclays plc ADR                                              | CUSIP: 06738E204<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | US        |     26172 | NS      | $466646.76    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis, Inc.                             | Exelixis, Inc.                                                | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |      5831 | NS      | $250966.24    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                | Capital One Financial Corporation                             | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |       936 | NS      | $177044.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation             | Texas Pacific Land Corporation                                | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       503 | NS      | $560357.09    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc.                              | Enbridge, Inc.                                                | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     21799 | NS      | $1013217.52   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X Funds                             | Global X MSCI Greece ETF                                      | CUSIP: 37954Y319<br>LEI: 5493003RA4QUTSYF1N15 | Long             | EC               | RF                | US        |      5336 | NS      | $293480.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.    | Mid-America Apartment Communities, Inc. REIT                  | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      1476 | NS      | $231215.40    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                           | Amazon.com, Inc.                                              | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     27216 | NS      | $5579552.16   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola, S.A.                            | Iberdrola S.A. ADR                                            | CUSIP: 450737101<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |      5829 | NS      | $427090.83    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Kone Oyj                                   | Kone OYJ Unsponsored ADR                                      | CUSIP: 50048H101<br>LEI: 2138001CNF45JP5XZK38 | Long             | EC               | CORP              | CH        |     14498 | NS      | $450887.80    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                            | EMCOR Group, Inc.                                             | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      1443 | NS      | $680893.98    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc                                | iShares MSCI South Africa ETF                                 | CUSIP: 464286780<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      2836 | NS      | $148067.56    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.               | Honeywell International, Inc.                                 | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      1816 | NS      | $411632.72    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                        | Clean Harbors, Inc.                                           | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |       553 | NS      | $125414.87    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Compagnie Financiere Richemont Sa          | CIE Financiere Richermont AG ADR                              | CUSIP: 204319107<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | US        |     23728 | NS      | $446798.24    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Consolidated Inc                 | Coca-Cola Bottling Company Consolidated                       | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |       785 | NS      | $90000.25     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                              | Rio Tinto plc ADR                                             | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | US        |      3535 | NS      | $210085.05    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Financial Group Inc.                | Mizuho Financial Group, Inc. ADR                              | CUSIP: 60687Y109<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |     77437 | NS      | $430549.72    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                    | Berkshire Hathaway, Inc. Class B                              | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      8105 | NS      | $4084595.80   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nova Scotia                        | Bank of Nova Scotia                                           | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |      4018 | NS      | $215043.36    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                      | Schneider Electric SE ADR                                     | CUSIP: 80687P106<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |      4210 | NS      | $211131.50    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide Inc                          | ACI Worldwide, Inc.                                           | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |      1978 | NS      | $91502.28     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                           | Duke Energy Corporation                                       | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      1077 | NS      | $126784.44    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                      | Bank of America Corporation                                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     19271 | NS      | $850429.23    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                | Verizon Communications, Inc.                                  | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     15560 | NS      | $684017.60    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                               | Broadcom, Inc.                                                | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     13368 | NS      | $3235991.76   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corporation               | Tenet Healthcare Corporation                                  | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      2097 | NS      | $353910.69    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd.                                  | Flex Ltd.                                                     | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | US        |      8929 | NS      | $377696.70    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation               | Encompass Health Corporation                                  | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      3291 | NS      | $397881.90    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                            | BAE Systems plc ADR                                           | CUSIP: 05523R107<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | US        |      4506 | NS      | $463216.80    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Recruit Holdings Co Ltd.                   | Recruit Holdings Co., Ltd ADR                                 | CUSIP: 75629J101<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | US        |     17524 | NS      | $208535.60    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                  | Goldman Sachs Group, Inc. (The)                               | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       910 | NS      | $546409.50    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co.                               | Southern Company                                              | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      4321 | NS      | $388890.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ETF Series Solutions                       | ClearShares Ultra-Short Maturity ETF                          | CUSIP: 26922A453<br>LEI: 5493008BB0X0GYS3UI50 | Long             | EC               | RF                | US        |     20000 | NS      | $2002700.00   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc                    | Commerce Bancshares, Inc.                                     | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2829 | NS      | $178255.29    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                              | Alphabet, Inc. Class A                                        | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      7918 | NS      | $1359837.32   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust Inc.     | Essential Properties Realty Trust Incorporated REIT           | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |      3699 | NS      | $120217.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Sankyo Co Ltd.                     | Daiichi Sankyo Company Ltd. Sponsored ADR                     | CUSIP: 23381D102<br>LEI: 353800XGIU2IHQGC9504 | Long             | EC               | CORP              | JP        |      7884 | NS      | $210502.80    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                   | American Express Company                                      | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      1564 | NS      | $459894.20    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc.                        | Planet Fitness, Inc. Class A                                  | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |      2243 | NS      | $230647.69    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Recruit Holdings Co Ltd.                   | Rheinmetall AG Unsponsored ADR                                | CUSIP: 75629J101<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | DE        |       998 | NS      | $425237.82    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc              | Interactive Brokers Group, Inc. Class A                       | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |      4499 | NS      | $943350.32    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                              | U.S. Bancorp                                                  | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      2457 | NS      | $107100.63    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc.                   | Comfort Systems USA, Inc.                                     | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |       864 | NS      | $413190.72    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc.                | Advanced Micro Devices, Inc.                                  | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      2335 | NS      | $258554.55    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Ltd.                               | Hitachi Ltd. ADR                                              | CUSIP: 433578507<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |     15331 | NS      | $426201.80    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Gold Trust                         | iShares COMEX Gold Trust                                      | CUSIP: 464285204<br>LEI: 5493006UOY7GXQW0IP42 | Long             | EC               | RF                | US        |     71732 | NS      | $4458861.12   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc                           | StoneX Group, Inc.                                            | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |      1692 | NS      | $143236.26    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vici Properties Inc                        | Vici Properties, Inc                                          | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     25106 | NS      | $796111.26    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods Inc.                       | Cal-Maine Foods, Inc.                                         | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |      1887 | NS      | $181019.91    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                         | Meta Platforms, Inc. Class A Class A                          | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      6381 | NS      | $4131633.69   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesfarmers Ltd.                            | Wesfarmers Ltd. Unsponsored ADR                               | CUSIP: 950840306<br>LEI: 5493003L32ZX9557ST85 | Long             | EC               | CORP              | AU        |     17113 | NS      | $457601.62    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                       | Vornado Realty Trust REIT                                     | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3679 | NS      | $138587.93    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                            | T-Mobile USA, Inc.                                            | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |       665 | NS      | $161063.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock Inc                               | Archrock, Inc.                                                | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |      4930 | NS      | $122757.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City Ltd.          | Canadian Pacific Kansas City Company                          | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      2621 | NS      | $214004.65    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                        | Cisco Systems, Inc.                                           | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     10958 | NS      | $690792.32    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Brambles Ltd.                              | Brambles Ltd. ADR                                             | CUSIP: 105105209<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     16289 | NS      | $488995.78    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                                 | Stride, Inc.                                                  | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |      1356 | NS      | $205284.84    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd.                    | DBS Group Holdings Ltd. Sponsored ADR                         | CUSIP: 23304Y100<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | US        |      3052 | NS      | $421176.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss RE AG                                | SWISS RE AG ADR                                               | CUSIP: 870886108<br>LEI: 529900PS9YW3YY29F326 | Long             | EC               | CORP              | US        |      9555 | NS      | $424719.75    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                 | Unum Group                                                    | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |      6357 | NS      | $519430.47    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                   | SBA Communications Corporation                                | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      2631 | NS      | $610102.59    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Adidas AG                                  | adidas AG ADR                                                 | CUSIP: 00687A107<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |     12452 | NS      | $413655.44    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Music Group N.V                  | Universal Music Group N.V. Unsponsored ADR                    | CUSIP: 91377B109<br>LEI: 724500GJBUL3D9TW9Y18 | Long             | EC               | CORP              | NL        |     29631 | NS      | $471429.21    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                            | Core & Main Inc. - Class A                                    | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4325 | NS      | $237053.25    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc                                | iShares MSCI South Korea Capped ETF                           | CUSIP: 464286772<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     23860 | NS      | $1446631.80   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Company                  | National Fuel Gas Company                                     | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      3028 | NS      | $249931.12    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc                       | Palomar Holdings, Inc.                                        | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |       763 | NS      | $130831.61    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PJT Partners Inc.                          | Pjt Partners, Inc. CLASS A                                    | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |       503 | NS      | $75781.98     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ESAB Corp.                                 | ESAB Corporation                                              | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |      1298 | NS      | $159641.02    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                              | iShares MSCI Qatar ETF                                        | CUSIP: 46434V779<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     11556 | NS      | $216675.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc                                | iShares MSCI Taiwan ETF                                       | CUSIP: 46434G772<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     10743 | NS      | $562718.34    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NVent Electric PLC                         | nVent Electric PLC                                            | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3850 | NS      | $253330.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                       | Curtiss-Wright Corporation                                    | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |       862 | NS      | $379374.82    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd.                             | BHP Billiton Ltd. ADR                                         | CUSIP: 088606108<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | US        |      4331 | NS      | $212175.69    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma Inc.                       | Williams-Sonoma, Inc.                                         | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      2065 | NS      | $334034.40    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies, Inc.                     | SPX Technologies, Inc.                                        | CUSIP: 78473E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       928 | NS      | $141139.52    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc.                    | Mueller Industries, Inc.                                      | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |      2520 | NS      | $196232.40    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                              | iShares MSCI UAE ETF                                          | CUSIP: 46434V761<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     13685 | NS      | $254130.45    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                    | Mastercard, Inc. Class A                                      | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      2305 | NS      | $1349808.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                  | Nestle S.A. ADR                                               | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |      3997 | NS      | $425720.47    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.               | Mondelez International, Inc. Class A                          | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |      3416 | NS      | $230545.84    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT, Inc.               | Sabra Health Care REIT, Inc. REIT                             | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |      6118 | NS      | $106942.64    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International Inc.              | Somnigroup International                                      | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |      3501 | NS      | $227775.06    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| The Boeing Company                         | Boeing Company (The)                                          | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      2114 | NS      | $438274.48    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                 | Siemens AG ADR                                                | CUSIP: 826197501<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |      8797 | NS      | $1064085.12   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc             | BJ's Wholesale Club Holdings, Inc.                            | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      3833 | NS      | $433933.93    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                            | Microsoft Corporation                                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     20868 | NS      | $9606792.48   | 5.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Block(H&R)Inc                              | H&R Block, Inc.                                               | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |      5206 | NS      | $296481.70    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestas Wind Systems AS                     | Vestas Wind Systems A/S ADR                                   | CUSIP: 925458101<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |     40643 | NS      | $213375.75    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Volvo AB                                   | Aktiebolaget Volvo Unsponsored ADR                            | CUSIP: 928854108<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |     15320 | NS      | $425742.80    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower OP LLC                           | Welltower, Inc. REIT                                          | CUSIP: 95040Q104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12097 | NS      | $1866325.16   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                               | Evercore Partners, Inc. Class A                               | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |       457 | NS      | $105790.93    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc                                | ISHARES MSCI MALAYSIA INDEX FUND                              | CUSIP: 46434G814<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      2926 | NS      | $70106.96     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction Inc                   | Granite Construction, Inc.                                    | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |      1985 | NS      | $177558.25    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                        | Abbott Laboratories                                           | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      7668 | NS      | $1024291.44   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                               | NVIDIA Corporation                                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     66992 | NS      | $9052628.96   | 5.05%             |  |  |  | No            |                  1 | On Loan: No      |
| L'Oreal S.A.                               | L'Oreal S.A. ADR                                              | CUSIP: 502117203<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |      5106 | NS      | $431354.88    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy Inc.                           | TXNM Energy, Inc.                                             | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |      2502 | NS      | $141838.38    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.                  | First American Government Obligations Fund Class X            | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   2547219 | PA      | $2547218.93   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                        | Deutsche Telekom AG ADR                                       | CUSIP: 251566105<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |     30396 | NS      | $1150488.60   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Company                                 | 3M Company                                                    | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      1542 | NS      | $228755.70    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                              | Netflix, Inc.                                                 | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      1886 | NS      | $2276835.78   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Incorporated | Reinsurance Group of America, Inc.                            | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |       703 | NS      | $142912.87    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc                                | iShares MSCI Mexico Capped ETF                                | CUSIP: 464286822<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     13069 | NS      | $786361.73    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                       | Booking Holdings, Inc.                                        | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       125 | NS      | $689866.25    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                        | Texas Roadhouse, Inc.                                         | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      1535 | NS      | $299647.35    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp.                           | Sony Corporation ADR                                          | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |     44058 | NS      | $1162250.04   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                         | Coca-Cola Company (The)                                       | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     15375 | NS      | $1108537.50   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| BASF SE                                    | BASF SE ADR                                                   | CUSIP: 055262505<br>LEI: 529900PM64WH8AF1E917 | Long             | EC               | CORP              | DE        |     65958 | NS      | $794134.32    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerpac Tool Group Corp                    | Enerpac Tool Group Corporation                                | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |      1621 | NS      | $69508.48     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                         | SEI Investments Company                                       | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |      2526 | NS      | $215366.76    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System, Inc.                         | Ryder System, Inc.                                            | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |       944 | NS      | $138890.72    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                       | Emerson Electric Co.                                          | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |       742 | NS      | $88579.96     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                      | Regency Centers Corporation REIT                              | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |      2209 | NS      | $159379.35    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cambria ETF Trust                          | CAMBRIA TACTICAL YIELD ETF                                    | CUSIP: 132061789<br>LEI: 254900AGNELEKCKAOK33 | Long             | EC               | RF                | US        |     39500 | NS      | $1007052.50   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp.                                  | SLM Corporation                                               | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4313 | NS      | $139611.81    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                             | Morgan Stanley                                                | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      3611 | NS      | $462316.33    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corporation                     | OGE Energy Corporation                                        | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |      5241 | NS      | $233067.27    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Motor Corp.                         | Toyota Motor Corporation ADR                                  | CUSIP: 892331307<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |      1080 | NS      | $205815.60    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Adidas AG                                  | adidas AG ADR                                                 | CUSIP: 00687A107<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |      1696 | NS      | $211168.96    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                              | iShares MSCI India ETF                                        | CUSIP: 46429B598<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     70595 | NS      | $3834014.45   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Inc.                                | Acuity, Inc.                                                  | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       609 | NS      | $158273.01    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch Inbev SA/NV                 | Anheuser-Busch InBev S.A./N.V. ADR                            | CUSIP: 03524A108<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |      6046 | NS      | $426182.54    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                                  | Chewy, Inc. Class A                                           | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |      3997 | NS      | $180864.25    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                  | Halozyme Therapeutics, Inc.                                   | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      1612 | NS      | $90384.84     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                           | Roche Holding AG ADR                                          | CUSIP: 771195104<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |      5128 | NS      | $206658.40    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group, Inc.                  | MDU Resources Group, Inc.                                     | CUSIP: 552690109<br>LEI: 549300MA0UV6AI6SNV27 | Long             | EC               | CORP              | US        |      8531 | NS      | $146647.89    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Commonwealth Bank of Australia             | Commonwealth Bank of Australia Sponsored ADR                  | CUSIP: 202712600<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | EC               | CORP              | US        |      4527 | NS      | $516259.08    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                               | Oracle Corporation                                            | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      2285 | NS      | $378236.05    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc.                       | Gilead Sciences, Inc.                                         | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      5565 | NS      | $612595.20    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Geberit AG Unsponsored ADR                 | Geberit AG Unsponsored ADR                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |      6084 | NS      | $453744.72    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                     | Equitable Holdings, Inc.                                      | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |      9974 | NS      | $527325.38    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Bandai Namco Holdings Inc.                 | Bandai Namco Holdings, Inc. ADR                               | CUSIP: 059831107<br>LEI: 3538008EFEM34VRJDQ95 | Long             | EC               | CORP              | JP        |     24534 | NS      | $388127.88    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings Inc.                 | Tokio Marine Holdings, Inc. ADR                               | CUSIP: 889094108<br>LEI: 5299009QN2NZ191KLS29 | Long             | EC               | CORP              | JP        |     10550 | NS      | $446687.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.      | International Business Machines Corporation                   | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      2669 | NS      | $691431.14    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Intesa Sanpaolo S.p.A.                     | Intesa Sanpaolo SpA ADR                                       | CUSIP: 46115H107<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | DE        |     12901 | NS      | $432183.50    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial Inc                        | VIRTU FINANCIAL, INC. CLASS A                                 | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |      3940 | NS      | $158348.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corporation           | Carpenter Technology Corporation                              | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |      2207 | NS      | $518645.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                      | Colgate-Palmolive Company                                     | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      1164 | NS      | $108182.16    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                              | ISHARES MSCI PHILIPPINES INVESTABLE MARKET INDEX F UND        | CUSIP: 46429B408<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      6988 | NS      | $190353.12    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco BBVA Argentina S A                   | Banco BBVA Argentina SA ADR                                   | CUSIP: 058934100<br>LEI: 579100KKDBKJFDKKD024 | Long             | EC               | CORP              | US        |     20235 | NS      | $397820.10    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc.                    | CACI International, Inc.                                      | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |       313 | NS      | $133964.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                       | Royal Bank of Canada                                          | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |      3396 | NS      | $430137.36    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp.                           | Brookfield Corporation                                        | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |      7409 | NS      | $427647.48    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc                | Ryan Specialty Group Holdings, Inc.                           | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2648 | NS      | $189517.36    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Money Market Obligations Trust             | Federated Government Obligations Fund Institutional Class     | CUSIP: 60934N104<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |    651248 | PA      | $651248.09    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Intermediate Holdings Inc.        | BellRing Brands, Inc.                                         | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |      3779 | NS      | $237888.05    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc                                | ISHARES MSCI CHILE INVESTABL                                  | CUSIP: 464286640<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     18504 | NS      | $582876.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                                   | Adyen N.V. Unsponsored ADR                                    | CUSIP: 00783V104<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |     25628 | NS      | $490776.20    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                 | Intuit, Inc.                                                  | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       686 | NS      | $516880.42    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Montreal                           | Bank of Montreal                                              | CUSIP: 063671101<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | EC               | CORP              | CA        |      4003 | NS      | $429722.05    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Corvel Corp                                | CorVel Corporation                                            | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       671 | NS      | $74662.17     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation               | General Dynamics Corporation                                  | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       324 | NS      | $90230.76     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sompo Holdings Inc.                        | Sompo Holdings, Inc. Unsponsored ADR                          | CUSIP: 83540J101<br>LEI: 353800CWW4SRGEYEB512 | Long             | EC               | CORP              | JP        |     25227 | NS      | $380675.43    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc.                      | Invitation Homes, Inc.                                        | CUSIP: 46187W107<br>LEI: 984500FE452E665C9F85 | Long             | EC               | CORP              | US        |     14366 | NS      | $484134.20    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                              | Alphabet, Inc. Class C                                        | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      6431 | NS      | $1111598.35   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                  | Palantir Technologies, Inc.                                   | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      6174 | NS      | $813609.72    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Allianz SE                                 | Allianz SE Unsponsored ADR                                    | CUSIP: 018820100<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |     28026 | NS      | $1109549.34   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                  | Shell plc                                                     | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | US        |      3210 | NS      | $212566.20    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                               | Sanmina Corporation                                           | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |      1069 | NS      | $90533.61     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc                                | iShares MSCI Brazil Capped ETF                                | CUSIP: 464286400<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     30045 | NS      | $817524.45    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                | Walmart, Inc.                                                 | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     17395 | NS      | $1717234.40   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC                          | National Grid plc ADR                                         | CUSIP: 636274409<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | US        |      5738 | NS      | $409635.82    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.                    | Intuitive Surgical, Inc.                                      | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      1021 | NS      | $563939.14    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                      | East West Bancorp, Inc.                                       | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3095 | NS      | $282264.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc                 | Grand Canyon Education, Inc.                                  | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |       661 | NS      | $130775.55    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                           | DT Midstream, Inc.                                            | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4814 | NS      | $504218.36    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems Inc.                     | CommVault Systems, Inc.                                       | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |       737 | NS      | $134981.55    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co Ltd.                           | Nintendo Company Ltd. ADR                                     | CUSIP: 654445303<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |     20313 | NS      | $415197.72    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corporation     | Old Republic International Corporation                        | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |      7618 | NS      | $287960.40    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc.                       | Dorman Products, Inc.                                         | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |       697 | NS      | $90129.07     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                           | Badger Meter, Inc.                                            | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |       721 | NS      | $178966.62    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                          | Wells Fargo & Company                                         | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      9640 | NS      | $720879.20    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Rolls-Royce Holdings PLC                   | ROLLS-ROYCE HOLDINGS PLC ADR                                  | CUSIP: 775781206<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | US        |     41106 | NS      | $477240.66    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                  | Airbus SE Unsponsored ADR                                     | CUSIP: 009279100<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |      9221 | NS      | $422045.17    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                            | Caterpillar, Inc.                                             | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       657 | NS      | $228655.71    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                           | Deutsche Post AG ADR                                          | CUSIP: 25157Y202<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |      9608 | NS      | $430438.40    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp.                          | Knife River Corp.                                             | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1742 | NS      | $163922.20    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hermes International                       | Hermes International Unsponsored ADR                          | CUSIP: 42751Q105<br>LEI: 969500Y4IJGHJE2MTJ13 | Long             | EC               | CORP              | FR        |      1539 | NS      | $424071.45    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation                 | American Tower Corporation                                    | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      8559 | NS      | $1837189.35   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                             | BlackRock, Inc.                                               | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       418 | NS      | $409594.02    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinker International, Inc.                | Brinker International, Inc.                                   | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |      1690 | NS      | $291744.70    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation             | Charles Schwab Corporation (The)                              | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      6810 | NS      | $601595.40    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                               | General Electric Company                                      | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      4223 | NS      | $1038477.93   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.               | Charter Communications, Inc. Class A                          | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |       138 | NS      | $54685.26     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontdoor Inc                              | Frontdoor Inc.                                                | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |      2571 | NS      | $141430.71    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus NV                                  | Prosus NV ADR                                                 | CUSIP: 74365P108<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |     45673 | NS      | $463580.95    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Skywest Inc                                | SkyWest, Inc.                                                 | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |      1736 | NS      | $176117.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrari N V                                | Ferrari N.V.                                                  | CUSIP: N3167Y103<br>LEI: 549300RIVY5EX8RCON76 | Long             | EC               | CORP              | IT        |       911 | NS      | $436150.36    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corporation               | Antero Midstream Corporation                                  | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6789 | NS      | $127497.42    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc.                   | ExlService Holdings, Inc.                                     | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |      5408 | NS      | $248713.92    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA                        | Amadeus IT Group SA Unsponsored ADR                           | CUSIP: 02263T104<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |      5326 | NS      | $443549.28    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Auto Trader Group PLC                      | Auto Trader Group plc Unsponsored ADR                         | CUSIP: 05277E104<br>LEI: 213800QLK9BZILB1DI86 | Long             | EC               | CORP              | GB        |    153024 | NS      | $405513.60    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                            | CVS Health Corporation                                        | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      1696 | NS      | $108611.84    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Industria De Diseno Textil SA              | Industria de Diseno Textil, S.A. ADR                          | CUSIP: 455793109<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |     15392 | NS      | $416969.28    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                  | RTX Corporation                                               | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      3688 | NS      | $503338.24    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive, Inc.                   | Group 1 Automotive, Inc.                                      | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |       461 | NS      | $195427.12    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO METAL MININ-UNS ADR ADR           | SUMITOMO METAL MININ-UNS ADR ADR                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     37689 | NS      | $214450.41    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                   | Visa, Inc. Class A                                            | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      7263 | NS      | $2652374.97   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp                      | US Foods Holding Corporation                                  | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |      6408 | NS      | $507000.96    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                           | McDonald's Corporation                                        | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      2911 | NS      | $913617.35    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education Inc               | Adtalem Global Education, Inc.                                | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |      1498 | NS      | $197780.94    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                  | Sanofi ADR                                                    | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |      3949 | NS      | $194962.13    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Exchanges & Clearing Ltd.        | Hong Kong Exchanges and Clearing Ltd. ADR                     | CUSIP: 43858F109<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | US        |     23496 | NS      | $1176679.68   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| DBX ETF Trust                              | DEUTSCHE X-TRACKERS HARVEST CSI 300 CHINA A-SHARES  ETF       | CUSIP: 233051879<br>LEI: DNLQXYGHEZ10Q9SIK386 | Long             | EC               | RF                | US        |    100254 | NS      | $2640690.36   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                     | SAP AG ADR                                                    | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |      1431 | NS      | $433392.66    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                | Novartis AG ADR                                               | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |      3795 | NS      | $439309.20    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                   | AT&T, Inc.                                                    | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     29970 | NS      | $833166.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Relx PLC                                   | RELX plc ADR                                                  | CUSIP: 759530108<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |      7831 | NS      | $422247.52    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp.                      | MGIC Investment Corporation                                   | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |      7865 | NS      | $208029.25    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                       | JPMorgan Chase & Company                                      | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      8015 | NS      | $2115960.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-23

**Name of Applicant:** Blueprint Adaptive Growth Allocation Fund

**Signature:** Daniel D. Bauer

**Name of Signer:** Daniel D. Bauer

**Title:** Treasurer