# EDGAR Filing Document

**Accession Number:** 0001359057
**File Stem:** 0001145549-23-014351
**Filing Date:** 2023-3
**Character Count:** 163761
**Document Hash:** 93f9d7d3877fc2dadd7dd7f7749a9569
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-014351.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001145549-23-014351

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Manager Directed Portfolios
- **CENTRAL INDEX KEY:** 0001359057
- **IRS NUMBER:** 571138125
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21897
- **FILM NUMBER:** 23692759

**BUSINESS ADDRESS:**
- **STREET 1:** C/O U.S. BANCORP FUND SERVICES, LLC
- **STREET 2:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 9522306140

**MAIL ADDRESS:**
- **STREET 1:** C/O U.S. BANCORP FUND SERVICES, LLC
- **STREET 2:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Roxbury Funds
- **DATE OF NAME CHANGE:** 20060411

## Series and Classes Contracts Data

### Sphere 500 Climate Fund (Series ID: S000073733)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000230850 | Sphere 500 Climate Fund | SPFFX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Sphere 500 Climate Fund** | | |
| **Schedule of Investments** | | |
| **December 31, 2022 (Unaudited)** | | |
|  | **Number of** | |
|  | **Shares** | **Value** |
| **COMMON STOCKS - 78.9%** | | |
| **BASIC MATERIALS - 1.5%** | | |
| **Chemicals - 1.0%** | | |
| Albemarle Corp. | 10 | $2168 |
| Celanese Corp. | 8 | 818 |
| CF Industries Holdings, Inc. | 17 | 1448 |
| Dow, Inc. | 62 | 3124 |
| DuPont de Nemours, Inc. | 44 | 3020 |
| Eastman Chemical Co. | 10 | 814 |
| Ecolab, Inc. | 22 | 3202 |
| FMC Corp | 11 | 1373 |
| International Flavors & Fragrances, Inc. | 20 | 2097 |
| LyondellBasell Industries NV - ADR | 22 | 1827 |
| PPG Industries, Inc. | 20 | 2515 |
| RPM International, Inc. | 11 | 1072 |
| The Mosaic Co. | 30 | 1316 |
| The Sherwin-Williams Co. | 21 | 4984 |
|  |  | 29778 |
| **Iron/Steel - 0.2%** |  |  |
| Nucor Corp | 22 | 2900 |
| Reliance Steel & Aluminum Co. | 5 | 1012 |
| Steel Dynamics, Inc. | 14 | 1368 |
|  |  | 5280 |
| **Mining - 0.3%** |  |  |
| Freeport-McMoRan, Inc. | 126 | 4788 |
| Newmont Corp | 70 | 3304 |
|  |  | 8092 |
| **TOTAL BASIC MATERIALS** |  | 43150 |
| **COMMUNICATIONS - 10.4%** |  |  |
| **Advertising - 0.1%** |  |  |
| Omnicom Group, Inc. | 17 | 1387 |
| The Interpublic Group of Cos., Inc. | 34 | 1133 |
| The Trade Desk, Inc. (a) | 35 | 1569 |
|  |  | 4089 |
| **Internet - 7.2%** |  |  |
| Airbnb, Inc. (a) | 21 | 1795 |
| Alphabet, Inc. (a) | 937 | 82908 |
| Amazon.com, Inc. (a) | 818 | 68712 |
| Booking Holdings, Inc. (a) | 3 | 6046 |
| CDW Corp | 11 | 1964 |
| DoorDash, Inc. (a) | 20 | 976 |
| eBay, Inc. | 48 | 1991 |
| Etsy, Inc. (a) | 11 | 1318 |
| Expedia Group, Inc. (a) | 12 | 1051 |
| Gen Digital, Inc. | 54 | 1157 |
| GoDaddy, Inc. (a) | 12 | 898 |
| Match Group, Inc. (a) | 24 | 996 |
| Meta Platforms, Inc. (a) | 155 | 18653 |
| Netflix, Inc. (a) | 39 | 11500 |
| Palo Alto Networks, Inc. (a) | 26 | 3628 |
| Pinterest, Inc. (a) | 45 | 1093 |
| Uber Technologies, Inc. (a) | 177 | 4377 |
| VeriSign, Inc. (a) | 9 | 1849 |
|  |  | 210912 |
| **Media - 1.2%** |  |  |
| Charter Communications, Inc. (a) | 9 | 3052 |
| Comcast Corp | 380 | 13288 |
| FactSet Research Systems, Inc. | 3 | 1204 |
| Liberty Media Corp-Liberty Formula One (a) | 15 | 897 |
| The Walt Disney Co. (a) | 162 | 14074 |
| Warner Bros Discovery, Inc. (a) | 195 | 1849 |
|  |  | 34364 |
| **Telecommunications - 1.9%** |  |  |
| Arista Networks, Inc. (a) | 20 | 2427 |
| AT&T, Inc. | 633 | 11653 |
| Cisco Systems, Inc. | 365 | 17389 |
| Corning, Inc. | 67 | 2140 |
| Juniper Networks, Inc. | 28 | 895 |
| T-Mobile US, Inc. (a) | 55 | 7700 |
| Verizon Communications, Inc. | 373 | 14696 |
|  |  | 56900 |
| **TOTAL COMMUNICATIONS** |  | 306265 |
| **CONSUMER, CYCLICAL - 7.6%** |  |  |
| **Airlines - 0.2%** |  |  |
| Delta Air Lines, Inc. (a) | 56 | 1840 |
| Southwest Airlines Co. (a) | 52 | 1751 |
| United Airlines Holdings, Inc. (a) | 28 | 1055 |
|  |  | 4646 |
| **Apparel - 0.4%** |  |  |
| NIKE, Inc. | 89 | 10414 |
| VF Corp | 34 | 939 |
|  |  | 11353 |
| **Auto Manufacturers - 1.5%** |  |  |
| Cummins, Inc. | 12 | 2907 |
| Ford Motor Co. | 344 | 4001 |
| General Motors Co. | 126 | 4239 |
| PACCAR, Inc. | 30 | 2969 |
| Rivian Automotive, Inc. (a) | 45 | 829 |
| Tesla, Inc. (a) | 237 | 29194 |
|  |  | 44139 |
| **Distribution/Wholesale - 0.3%** |  |  |
| Copart, Inc. (a) | 38 | 2314 |
| Fastenal Co. | 50 | 2366 |
| LKQ Corp | 23 | 1228 |
| Pool Corp | 3 | 907 |
| WW Grainger, Inc. | 4 | 2225 |
|  |  | 9040 |
| **Entertainment - 0.0%** |  |  |
| Live Nation Entertainment, Inc. (a) | 13 | 907 |
| **Home Builders - 0.20%** |  |  |
| DR Horton, Inc. | 30 | 2674 |
| Lennar Corp | 20 | 1810 |
|  |  | 4484 |
| **Leisure Time - 0.0%** |  |  |
| Royal Caribbean Cruises Ltd - ADR (a) | 19 | 939 |
| **Lodging - 0.3%** |  |  |
| Hilton Worldwide Holdings, Inc. | 23 | 2906 |
| Las Vegas Sands Corp (a) | 29 | 1394 |
| Marriott International, Inc. | 22 | 3276 |
| MGM Resorts International | 28 | 939 |
|  |  | 8515 |
| **Retail - 4.7%** |  |  |
| AutoZone, Inc. (a) | 1 | 2466 |
| Best Buy Co., Inc. | 17 | 1364 |
| Burlington Stores, Inc. (a) | 5 | 1014 |
| CarMax, Inc. (a) | 14 | 852 |
| Chipotle Mexican Grill, Inc. (a) | 2 | 2775 |
| Costco Wholesale Corp | 39 | 17804 |
| Darden Restaurants, Inc. | 10 | 1383 |
| Dollar General Corp | 19 | 4679 |
| Dollar Tree, Inc. (a) | 19 | 2687 |
| Domino's Pizza, Inc. | 3 | 1039 |
| Genuine Parts Co. | 12 | 2082 |
| Lowe's Cos Inc | 53 | 10560 |
| Lululemon Athletica, Inc. (a) | 10 | 3204 |
| McDonald's Corp | 65 | 17129 |
| O'Reilly Automotive, Inc. (a) | 5 | 4220 |
| Ross Stores, Inc. | 30 | 3482 |
| Starbucks Corp | 100 | 9920 |
| Target Corp | 40 | 5962 |
| The Home Depot, Inc. | 90 | 28427 |
| The TJX Cos., Inc. | 102 | 8119 |
| Tractor Supply Co. | 9 | 2025 |
| Ulta Beauty, Inc. (a) | 4 | 1876 |
| Walgreens Boots Alliance, Inc. | 63 | 2354 |
| Yum! Brands, Inc. | 25 | 3202 |
|  |  | 138625 |
| **TOTAL CONSUMER, CYCLICAL** |  | 222648 |
| **CONSUMER, NON-CYCLICAL - 22.2%** |  |  |
| **Beverages - 1.9%** |  |  |
| Brown-Forman Corp | 20 | 1314 |
| Constellation Brands, Inc. | 14 | 3244 |
| Keurig Dr Pepper, Inc. | 76 | 2710 |
| Monster Beverage Corp (a) | 32 | 3249 |
| PepsiCo, Inc. | 123 | 22221 |
| The Coca-Cola Co. | 347 | 22073 |
|  |  | 54811 |
| **Biotechnology - 2.1%** |  |  |
| Alnylam Pharmaceuticals, Inc. (a) | 10 | 2377 |
| Amgen, Inc. | 47 | 12344 |
| Biogen, Inc. (a) | 12 | 3323 |
| BioMarin Pharmaceutical, Inc. (a) | 16 | 1656 |
| Corteva, Inc. | 63 | 3703 |
| Gilead Sciences, Inc. | 111 | 9529 |
| Horizon Therapeutics PLC - ADR (a) | 19 | 2162 |
| Illumina, Inc. (a) | 13 | 2629 |
| Incyte Corp (a) | 16 | 1285 |
| Moderna, Inc. (a) | 30 | 5389 |
| Regeneron Pharmaceuticals, Inc. (a) | 8 | 5772 |
| Royalty Pharma PLC - ADR | 33 | 1304 |
| Seagen, Inc. (a) | 12 | 1542 |
| United Therapeutics Corp. (a) | 3 | 834 |
| Vertex Pharmaceuticals, Inc. (a) | 22 | 6353 |
|  |  | 60202 |
| **Commercial Services - 1.9%** |  |  |
| Automatic Data Processing, Inc. | 36 | 8599 |
| Block, Inc. (a) | 45 | 2828 |
| Cintas Corp | 7 | 3161 |
| CoStar Group, Inc. (a) | 35 | 2705 |
| Equifax, Inc. | 10 | 1944 |
| FleetCor Technologies, Inc. (a) | 6 | 1102 |
| Gartner, Inc. (a) | 6 | 2017 |
| Global Payments, Inc. | 23 | 2284 |
| MarketAxess Holdings, Inc. | 3 | 837 |
| Moody's Corp | 16 | 4458 |
| PayPal Holdings, Inc. (a) | 101 | 7193 |
| Quanta Services, Inc. | 12 | 1710 |
| Rollins, Inc. | 22 | 804 |
| S&P Global, Inc. | 28 | 9378 |
| Service Corp International | 13 | 899 |
| TransUnion | 17 | 965 |
| U-Haul Holding Co. | 14 | 843 |
| United Rentals, Inc. (a) | 6 | 2132 |
| Verisk Analytics, Inc. | 13 | 2293 |
|  |  | 56152 |
| **Cosmetics/Personal Care - 1.4%** |  |  |
| Colgate-Palmolive Co. | 69 | 5436 |
| The Estee Lauder Cos., Inc. | 13 | 3225 |
| The Procter & Gamble Co. | 210 | 31828 |
|  |  | 40489 |
| **Food - 1.1%** |  |  |
| Conagra Brands, Inc. | 42 | 1625 |
| General Mills, Inc. | 52 | 4360 |
| Kellogg Co. | 30 | 2137 |
| Lamb Weston Holdings, Inc. | 12 | 1072 |
| McCormick & Co., Inc. | 22 | 1824 |
| Mondelez International, Inc. | 121 | 8065 |
| Sysco Corp | 45 | 3440 |
| The Hershey Co. | 13 | 3010 |
| The J M Smucker Co. | 9 | 1426 |
| The Kraft Heinz Co. | 70 | 2850 |
| The Kroger Co. | 63 | 2809 |
|  |  | 32618 |
| **Healthcare-Products - 3.8%** |  |  |
| Abbott Laboratories | 154 | 16908 |
| Align Technology, Inc. (a) | 6 | 1265 |
| Avantor, Inc. (a) | 59 | 1244 |
| Baxter International, Inc. | 44 | 2243 |
| Bio-Techne Corp | 13 | 1077 |
| Boston Scientific Corp (a) | 127 | 5876 |
| Danaher Corp | 58 | 15394 |
| Edwards Lifesciences Corp (a) | 54 | 4029 |
| Hologic, Inc. (a) | 21 | 1571 |
| IDEXX Laboratories, Inc. (a) | 7 | 2856 |
| Insulet Corp (a) | 6 | 1766 |
| Intuitive Surgical, Inc. (a) | 31 | 8226 |
| Medtronic PLC - ADR | 118 | 9171 |
| PerkinElmer, Inc. | 10 | 1402 |
| ResMed, Inc. | 12 | 2498 |
| STERIS PLC - ADR | 8 | 1478 |
| Stryker Corp | 29 | 7090 |
| Teleflex, Inc. | 4 | 999 |
| The Cooper Cos., Inc. | 4 | 1323 |
| Thermo Fisher Scientific, Inc. | 35 | 19274 |
| Waters Corp (a) | 5 | 1713 |
| West Pharmaceutical Services, Inc. | 6 | 1412 |
| Zimmer Biomet Holdings, Inc. | 18 | 2295 |
|  |  | 111110 |
| **Healthcare-Services - 2.6%** |  |  |
| Centene Corp (a) | 50 | 4101 |
| Charles River Laboratories International, Inc. (a) | 4 | 872 |
| Elevance Health, Inc. | 21 | 10772 |
| HCA Healthcare, Inc. | 18 | 4319 |
| Humana, Inc. | 11 | 5634 |
| IQVIA Holdings, Inc. (a) | 16 | 3278 |
| Laboratory Corp of America Holdings | 7 | 1648 |
| Molina Healthcare, Inc. (a) | 5 | 1651 |
| Quest Diagnostics, Inc. | 10 | 1565 |
| UnitedHealth Group, Inc. | 82 | 43475 |
|  |  | 77315 |
| **Household Products/Wares - 0.3%** |  |  |
| Avery Dennison Corp | 7 | 1267 |
| Church & Dwight Co., Inc. | 21 | 1693 |
| Clorox Co. | 10 | 1403 |
| Kimberly-Clark Corp | 30 | 4073 |
|  |  | 8436 |
| **Pharmaceuticals - 7.1%** |  |  |
| AbbVie, Inc. | 157 | 25373 |
| AmerisourceBergen Corp | 13 | 2154 |
| Becton Dickinson and Co. | 25 | 6357 |
| Bristol-Myers Squibb Co. | 197 | 14174 |
| Cardinal Health, Inc. | 23 | 1768 |
| Cigna Corp | 27 | 8946 |
| CVS Health Corp | 116 | 10810 |
| Dexcom, Inc. (a) | 34 | 3850 |
| Eli Lilly & Co. | 84 | 30731 |
| Henry Schein, Inc. (a) | 11 | 879 |
| Johnson & Johnson | 232 | 40983 |
| McKesson Corp | 12 | 4501 |
| Merck & Co., Inc. | 225 | 24964 |
| Neurocrine Biosciences, Inc. (a) | 8 | 955 |
| Pfizer Inc. | 499 | 25569 |
| Zoetis Inc. | 41 | 6009 |
|  |  | 208023 |
| **TOTAL CONSUMER, NON-CYCLICAL** |  | 649156 |
| **ENERGY - 0.1%** |  |  |
| **Energy-Alternate Sources - 0.1%** |  |  |
| Enphase Energy, Inc. (a) | 11 | 2915 |
| First Solar, Inc. (a) | 8 | 1198 |
| **TOTAL ENERGY** |  | 4113 |
| **FINANCIALS - 10.8%** |  |  |
| **Banks - 4.6%** |  |  |
| Bank of America Corp | 712 | 23581 |
| Bank of New York Mellon Corp. | 71 | 3232 |
| Citigroup, Inc. | 167 | 7553 |
| Fifth Third Bancorp | 60 | 1969 |
| First Republic Bank | 16 | 1950 |
| Goldman Sachs Group, Inc. | 31 | 10645 |
| Huntington Bancshares, Inc. | 127 | 1791 |
| JPMorgan Chase & Co. | 258 | 34598 |
| KeyCorp | 82 | 1428 |
| M&T Bank Corp | 15 | 2176 |
| Morgan Stanley | 116 | 9862 |
| Northern Trust Corp | 18 | 1593 |
| PNC Financial Services Group, Inc. | 35 | 5528 |
| Regions Financial Corp | 82 | 1768 |
| State Street Corp | 30 | 2327 |
| SVB Financial Group (a) | 5 | 1151 |
| Truist Financial Corp | 117 | 5035 |
| US Bancorp | 136 | 5931 |
| Wells Fargo & Co. | 339 | 13997 |
|  |  | 136115 |
| **Diversified Finan Serv - 3.9%** |  |  |
| American Express Co. | 52 | 7683 |
| Ameriprise Financial, Inc. | 9 | 2802 |
| BlackRock, Inc. | 12 | 8504 |
| Capital One Financial Corp | 33 | 3068 |
| Charles Schwab Corp. | 131 | 10907 |
| CME Group, Inc. | 31 | 5213 |
| Discover Financial Services | 24 | 2348 |
| Intercontinental Exchange, Inc. | 49 | 5027 |
| LPL Financial Holdings, Inc. | 7 | 1513 |
| Mastercard, Inc. | 84 | 29209 |
| Nasdaq, Inc. | 30 | 1841 |
| Raymond James Financial, Inc. | 17 | 1816 |
| Synchrony Financial | 39 | 1282 |
| T Rowe Price Group, Inc. | 19 | 2072 |
| Visa, Inc. | 144 | 29917 |
|  |  | 113202 |
| **Insurance - 2.0%** |  |  |
| Aflac, Inc. | 55 | 3957 |
| Allstate Corp. | 23 | 3119 |
| American International Group, Inc. | 66 | 4174 |
| Arthur J Gallagher & Co. | 18 | 3394 |
| Brown & Brown, Inc. | 19 | 1082 |
| Chubb Ltd - ADR | 36 | 7942 |
| Cincinnati Financial Corp | 13 | 1331 |
| Equitable Holdings, Inc. | 32 | 918 |
| Globe Life, Inc. | 7 | 844 |
| Hartford Financial Services Group, Inc. | 28 | 2123 |
| Loews Corp | 17 | 992 |
| Markel Corp. (a) | 1 | 1318 |
| Marsh & McLennan Cos., Inc. | 44 | 7281 |
| MetLife, Inc. | 58 | 4197 |
| Principal Financial Group, Inc. | 21 | 1762 |
| Progressive Corp. | 51 | 6615 |
| Prudential Financial, Inc. | 32 | 3183 |
| Travelers Cos., Inc. | 20 | 3750 |
| W R Berkley Corp | 18 | 1306 |
|  |  | 59288 |
| **Private Equity - 0.2%** |  |  |
| Ares Management Corp | 13 | 889 |
| Blackstone, Inc. | 62 | 4600 |
|  |  | 5489 |
| **Real Estate - 0.1%** |  |  |
| CBRE Group, Inc. (a) | 27 | 2078 |
| **TOTAL FINANCIALS** |  | 316172 |
| **INDUSTRIALS - 5.0%** |  |  |
| **Aerospace/Defense - 0.0%** |  |  |
| Howmet Aerospace, Inc. | 33 | 1301 |
| **Building Materials - 0.3%** |  |  |
| Carrier Global Corp | 74 | 3052 |
| Martin Marietta Materials, Inc. | 5 | 1690 |
| Masco Corp | 19 | 887 |
| Vulcan Materials Co. | 11 | 1926 |
|  |  | 7555 |
| **Electrical Compo&Equip - 0.3%** |  |  |
| AMETEK, Inc. | 20 | 2795 |
| Emerson Electric Co. | 52 | 4995 |
|  |  | 7790 |
| **Electronics - 0.4%** |  |  |
| Agilent Technologies, Inc. | 26 | 3891 |
| Fortive Corp | 30 | 1927 |
| Hubbell, Inc. | 4 | 939 |
| Keysight Technologies, Inc. (a) | 15 | 2566 |
| Mettler-Toledo International, Inc. (a) | 1 | 1445 |
| Trimble, Inc. (a) | 21 | 1062 |
|  |  | 11830 |
| **Environmental Control - 0.3%** |  |  |
| Republic Services, Inc. | 18 | 2322 |
| Waste Management, Inc. | 36 | 5647 |
|  |  | 7969 |
| **Hand/Machine Tools - 0.1%** |  |  |
| Snap-on, Inc. | 4 | 914 |
| Stanley Black & Decker, Inc. | 13 | 977 |
|  |  | 1891 |
| **Machinery-Constr&Mining - 0.4%** |  |  |
| Caterpillar, Inc. | 46 | 11020 |
| **Machinery-Diversified - 0.9%** |  |  |
| Deere & Co. | 25 | 10719 |
| Dover Corp | 12 | 1625 |
| Graco, Inc. | 14 | 942 |
| IDEX Corp | 6 | 1370 |
| Ingersoll Rand, Inc. | 35 | 1829 |
| Nordson Corp | 4 | 951 |
| Otis Worldwide Corp | 37 | 2897 |
| Rockwell Automation, Inc. | 10 | 2576 |
| Toro Co. | 8 | 906 |
| Westinghouse Air Brake Technologies Corp | 15 | 1497 |
| Xylem, Inc. | 15 | 1658 |
|  |  | 26970 |
| **Miscellaneous Manufactur - 0.8%** |  |  |
| 3M Co. | 49 | 5876 |
| Carlisle Cos., Inc. | 4 | 943 |
| Eaton Corp PLC - ADR | 35 | 5493 |
| Illinois Tool Works, Inc. | 24 | 5287 |
| Parker-Hannifin Corp | 11 | 3201 |
| Trane Technologies PLC - ADR | 20 | 3362 |
|  |  | 24162 |
| **Packaging&Containers - 0.0%** |  |  |
| Packaging Corp of America | 8 | 1023 |
| **Transportation - 1.5%** |  |  |
| CH Robinson Worldwide, Inc. | 10 | 916 |
| CSX Corp | 190 | 5886 |
| Expeditors International of Washington, Inc. | 14 | 1455 |
| FedEx Corp | 21 | 3637 |
| JB Hunt Transport Services, Inc. | 7 | 1220 |
| Norfolk Southern Corp | 21 | 5175 |
| Old Dominion Freight Line, Inc. | 8 | 2270 |
| Union Pacific Corp | 57 | 11803 |
| United Parcel Service, Inc. | 64 | 11126 |
|  |  | 43488 |
| **TOTAL INDUSTRIALS** |  | 144999 |
| **TECHNOLOGY - 21.2%** |  |  |
| **Computers - 7.2%** |  |  |
| Amdocs Ltd - ADR | 10 | 909 |
| Apple, Inc. | 1415 | 183851 |
| Cognizant Technology Solutions Corp | 45 | 2574 |
| Crowdstrike Holdings, Inc. (a) | 18 | 1895 |
| EPAM Systems, Inc. (a) | 4 | 1311 |
| Fortinet, Inc. (a) | 58 | 2836 |
| Hewlett Packard Enterprise Co. | 113 | 1803 |
| HP, Inc. | 79 | 2123 |
| International Business Machines Corp | 80 | 11271 |
| NetApp, Inc. | 19 | 1141 |
| Western Digital Corp (a) | 28 | 883 |
|  |  | 210597 |
| **Office/Business Equip - 0.0%** |  |  |
| Zebra Technologies Corp (a) | 4 | 1026 |
| **Semiconductors - 4.5%** |  |  |
| Advanced Micro Devices, Inc. (a) | 142 | 9197 |
| Analog Devices, Inc. | 45 | 7381 |
| Applied Materials, Inc. | 76 | 7401 |
| Broadcom, Inc. | 35 | 19569 |
| Intel Corp | 367 | 9700 |
| KLA Corp | 12 | 4524 |
| Lam Research Corp | 12 | 5044 |
| Microchip Technology, Inc. | 47 | 3302 |
| Micron Technology, Inc. | 96 | 4798 |
| Monolithic Power Systems, Inc. | 3 | 1061 |
| NVIDIA Corp | 210 | 30689 |
| ON Semiconductor Corp (a) | 38 | 2370 |
| QUALCOMM, Inc. | 99 | 10884 |
| Skyworks Solutions, Inc. | 14 | 1276 |
| Teradyne, Inc. | 13 | 1136 |
| Texas Instruments, Inc. | 80 | 13218 |
|  |  | 131550 |
| **Software - 9.5%** |  |  |
| Activision Blizzard, Inc. | 63 | 4823 |
| Adobe, Inc. (a) | 41 | 13798 |
| Akamai Technologies, Inc. (a) | 13 | 1096 |
| ANSYS, Inc. (a) | 7 | 1691 |
| Autodesk, Inc. (a) | 19 | 3551 |
| Bill.com Holdings, Inc. (a) | 8 | 872 |
| Broadridge Financial Solutions, Inc. | 10 | 1341 |
| Cadence Design Systems, Inc. (a) | 24 | 3855 |
| Cloudflare, Inc. (a) | 22 | 995 |
| Datadog, Inc. (a) | 22 | 1617 |
| Electronic Arts, Inc. | 23 | 2810 |
| Fair Isaac, Corp. (a) | 2 | 1197 |
| Fidelity National Information Services, Inc. | 52 | 3528 |
| Fiserv, Inc. (a) | 56 | 5660 |
| HubSpot, Inc. (a) | 4 | 1156 |
| Intuit, Inc. | 24 | 9341 |
| Jack Henry & Associates, Inc. | 6 | 1053 |
| Microsoft, Corp. | 663 | 159001 |
| MSCI, Inc. | 6 | 2791 |
| Oracle Corp | 137 | 11198 |
| Paychex, Inc. | 28 | 3236 |
| Paycom Software, Inc. (a) | 4 | 1241 |
| PTC, Inc. (a) | 9 | 1080 |
| ROBLOX Corp (a) | 36 | 1025 |
| Roper Technologies, Inc. | 9 | 3889 |
| Salesforce, Inc. (a) | 85 | 11270 |
| ServiceNow, Inc. (a) | 17 | 6601 |
| Snowflake, Inc. (a) | 23 | 3301 |
| Splunk, Inc. (a) | 13 | 1119 |
| SS&C Technologies Holdings, Inc. | 19 | 989 |
| Synopsys, Inc. (a) | 13 | 4151 |
| Take-Two Interactive Software, Inc. (a) | 13 | 1354 |
| Tyler Technologies, Inc. (a) | 3 | 967 |
| Veeva Systems, Inc. (a) | 11 | 1775 |
| Vmware, Inc. (a) | 18 | 2210 |
| Workday, Inc. (a) | 14 | 2343 |
| Zoom Video Communications, Inc. (a) | 16 | 1084 |
|  |  | 279009 |
| **TOTAL TECHNOLOGY** |  | 622182 |
| **UTILITIES - 0.1%** |  |  |
| **Water - 0.1%** |  |  |
| American Water Works Co., Inc. | 16 | 2438 |
| Essential Utilities, Inc. | 23 | 1098 |
| **TOTAL UTILITIES** |  | 3536 |
| **TOTAL COMMON STOCKS** (Cost $2,535,491) |  | 2312221 |
| **REITS - 2.7%** |  |  |
| Alexandria Real Estate Equities, Inc. | 14 | 2039 |
| American Homes 4 Rent | 28 | 844 |
| American Tower Corp | 41 | 8686 |
| AvalonBay Communities, Inc. | 12 | 1938 |
| Boston Properties, Inc. | 13 | 878 |
| Camden Property Trust | 9 | 1007 |
| Crown Castle, Inc. | 38 | 5154 |
| Digital Realty Trust, Inc. | 25 | 2507 |
| Equinix, Inc. | 8 | 5240 |
| Equity LifeStyle Properties, Inc. | 16 | 1034 |
| Equity Residential | 33 | 1947 |
| Essex Property Trust, Inc. | 5 | 1060 |
| Extra Space Storage, Inc. | 11 | 1619 |
| Gaming and Leisure Properties, Inc. | 21 | 1094 |
| Healthpeak Properties, Inc. | 47 | 1178 |
| Host Hotels & Resorts, Inc. | 63 | 1011 |
| Invitation Homes, Inc. | 54 | 1601 |
| Iron Mountain, Inc. | 25 | 1246 |
| Kimco Realty Corp | 53 | 1123 |
| Mid-America Apartment Communities, Inc. | 10 | 1570 |
| Prologis, Inc. | 82 | 9244 |
| Public Storage | 13 | 3642 |
| Realty Income Corp | 55 | 3489 |
| Regency Centers Corp. | 15 | 937 |
| SBA Communications Corp | 9 | 2523 |
| Simon Property Group, Inc. | 29 | 3407 |
| Sun Communities, Inc. | 10 | 1430 |
| UDR, Inc. | 28 | 1084 |
| Ventas, Inc. | 35 | 1577 |
| VICI Properties, Inc. | 87 | 2819 |
| Welltower, Inc. | 42 | 2753 |
| Weyerhaeuser Co. | 65 | 2015 |
| WP Carey, Inc. | 18 | 1407 |
| **TOTAL REITS** (Cost $88,458) |  | 79103 |
| **SHORT-TERM INVESTMENTS - 16.9%** |  |  |
| **MONEY MARKET FUNDS - 2.5%** |  |  |
| U.S. Bank Money Market Deposit Account - 3.90% | 495838 | 495838 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $495,838) |  | 495838 |
| **Total Investments (Cost $3,119,787) - 98.5%** |  | **2887162** |
| **Other Assets in Excess of Liabilities- 1.5%** |  | **44203** |
| **TOTAL NET ASSETS - 100.00%** |  | $**2931365** |

---

---

| | |
|:---|:---|
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |
| ADR - American Depositary Receipt | ADR - American Depositary Receipt |
| PLC - Public Limited Company | PLC - Public Limited Company |
| (a) | Non-income producing security. |

---

------

---

| | |
|:---|:---|
| **Summary of Fair Value Measurements at December 31, 2022 (Unaudited)** | **Summary of Fair Value Measurements at December 31, 2022 (Unaudited)** |
| &nbsp;&nbsp;&nbsp;&nbsp;The Fund has adopted authoritative fair valuation accounting standards which establish an authoritative definition of fair value and set out | &nbsp;&nbsp;&nbsp;&nbsp;The Fund has adopted authoritative fair valuation accounting standards which establish an authoritative definition of fair value and set out |
| a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to | a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to |
| develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded | develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded |
| disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below: | disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below: |
| &nbsp;&nbsp;&nbsp;&nbsp;Level 1 - | Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. |
| &nbsp;&nbsp;&nbsp;&nbsp;Level 2 - | Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or |
|  | indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar |
|  | instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. |
| &nbsp;&nbsp;&nbsp;&nbsp;Level 3 - | Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the |
|  | Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be |
|  | based on the best information available. |
| &nbsp;&nbsp;&nbsp;&nbsp;The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. The | &nbsp;&nbsp;&nbsp;&nbsp;The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. The |
| following is a summary of the fair valuation hierarchy of the Fund's securities as of December 31, 2022: | following is a summary of the fair valuation hierarchy of the Fund's securities as of December 31, 2022: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Common Stocks** | | | | |
| Basic Materials | $43150 | $- | $- | $43150 |
| Communications | 306265 | - | - | 306265 |
| Consumer, Cyclical | 222648 | - | - | 222648 |
| Consumer, Non-cyclical | 649156 | - | - | 649156 |
| Energy | 4113 | - | - | 4113 |
| Financials | 316172 | - | - | 316172 |
| Industrials | 144999 | - | - | 144999 |
| Technology | 622182 | - | - | 622182 |
| Utilities | 3536 |  |  | 3536 |
| **Total Common Stocks** | 2312221 | - | - | 2312221 |
| **REITs** | 79103 | - | - | 79103 |
| **Short-Term Investments** | 495838 | - | - | 495838 |
| **Total Investments in Securities** | $2887162 | $- | $- | $2887162 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Manager Directed Portfolios

- **b. Investment Company Act file number:** 811-21897

- **c. CIK number of Registrant:** 0001359057

- **d. LEI of Registrant:** 549300WAC9XE08QLVP90

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

  - **Street Address 1:** 615 E. Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 4145163123

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

- **a. Name of Series:** Sphere 500 Fossil Free Fund

- **b. EDGAR series identifier (if any):** S000073733

- **c. LEI of Series:** 549300VXSU3D4ZEWMK41

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $2889712.20

**Total Liabilities:** $584.41

**Net Assets:** $2889127.79

**Cash Not Reported:** $73324.52

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000230850 | 6.40%                | 5.17%                | -5.81%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-273.98                 | $99074.56                                  |
| Month 2  | $0.00                    | $101948.56                                 |
| Month 3  | $-5497.37                | $-146730.21                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| VF Corp                                | VF Corp                                      | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |        34 | NS      | $938.74       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                      | Veeva Systems Inc                            | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |        11 | NS      | $1775.18      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                             | Ventas Inc                                   | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |        35 | NS      | $1576.75      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                           | VeriSign Inc                                 | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |         9 | NS      | $1848.96      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc             | Verizon Communications Inc                   | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |       373 | NS      | $14696.20     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                   | Verisk Analytics Inc                         | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |        13 | NS      | $2293.46      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc             | Vertex Pharmaceuticals Inc                   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |        22 | NS      | $6353.16      | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                    | VICI Properties Inc                          | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |        87 | NS      | $2818.80      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                               | Visa Inc                                     | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       144 | NS      | $29917.44     | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VMware Inc                             | VMware Inc                                   | CUSIP: 928563402<br>LEI: 549300BUDHS3LRWBE814 | Long             | EC               | CORP              | US        |        18 | NS      | $2209.68      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                    | Vulcan Materials Co                          | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |        11 | NS      | $1926.21      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                           | WP Carey Inc                                 | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |        18 | NS      | $1406.70      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technol         | Westinghouse Air Brake Technologies Corp     | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |        15 | NS      | $1497.15      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Walgreens Boots Alliance Inc           | Walgreens Boots Alliance Inc                 | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |        63 | NS      | $2353.68      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc              | Warner Bros Discovery Inc                    | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |       195 | NS      | $1848.60      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                   | Waste Management Inc                         | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |        36 | NS      | $5647.68      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                            | Waters Corp                                  | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |         5 | NS      | $1712.90      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                       | Wells Fargo & Co                             | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |       339 | NS      | $13997.31     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                          | Welltower Inc                                | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               | CORP              | US        |        42 | NS      | $2753.10      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services I         | West Pharmaceutical Services Inc             | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |         6 | NS      | $1412.10      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp                   | Western Digital Corp                         | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |        28 | NS      | $883.40       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co                        | Weyerhaeuser Co                              | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |        65 | NS      | $2015.00      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                            | Workday Inc                                  | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |        14 | NS      | $2342.62      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                           | Xylem Inc/NY                                 | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |        15 | NS      | $1658.55      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc                        | Yum! Brands Inc                              | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |        25 | NS      | $3202.00      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Zebra Technologies Corp                | Zebra Technologies Corp                      | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |         4 | NS      | $1025.64      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc             | Zimmer Biomet Holdings Inc                   | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |        18 | NS      | $2295.00      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                             | Zoetis Inc                                   | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |        41 | NS      | $6008.55      | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Video Communications Inc          | Zoom Video Communications Inc                | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |        16 | NS      | $1083.84      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                             | Amdocs Ltd                                   | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | US        |        10 | NS      | $909.00       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                         | Eaton Corp PLC                               | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | US        |        35 | NS      | $5493.25      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Horizon Therapeutics Plc               | Horizon Therapeutics Plc                     | CUSIP: N/A<br>LEI: 529900P0GSQ79OOZEV53       | Long             | EC               | CORP              | US        |        19 | NS      | $2162.20      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                          | Medtronic PLC                                | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |       118 | NS      | $9170.96      | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                     | Royalty Pharma PLC                           | CUSIP: N/A<br>LEI: 549300FGFN7VOK8BZR03       | Long             | EC               | CORP              | US        |        33 | NS      | $1304.16      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                             | STERIS PLC                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |         8 | NS      | $1477.52      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                 | Trane Technologies PLC                       | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |        20 | NS      | $3361.80      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                              | Chubb Ltd                                    | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |        36 | NS      | $7941.60      | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV           | LyondellBasell Industries NV                 | CUSIP: N/A<br>LEI: BN6WCCZ8OVP3ITUUVN49       | Long             | EC               | CORP              | US        |        22 | NS      | $1826.66      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd            | Royal Caribbean Cruises Ltd                  | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | US        |        19 | NS      | $939.17       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac Inc                              | Aflac Inc                                    | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |        55 | NS      | $3956.70      | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                               | AT&T Inc                                     | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |       633 | NS      | $11653.53     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                    | Abbott Laboratories                          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |       154 | NS      | $16907.66     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                             | AbbVie Inc                                   | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       157 | NS      | $25372.77     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Activision Blizzard Inc                | Activision Blizzard Inc                      | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |        63 | NS      | $4822.65      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                              | Adobe Inc                                    | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |        41 | NS      | $13797.73     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc             | Advanced Micro Devices Inc                   | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |       142 | NS      | $9197.34      | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc               | Agilent Technologies Inc                     | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |        26 | NS      | $3890.90      | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                             | Airbnb Inc                                   | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |        21 | NS      | $1795.50      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies Inc                | Akamai Technologies Inc                      | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |        13 | NS      | $1095.90      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                         | Albemarle Corp                               | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |        10 | NS      | $2168.60      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equitie         | Alexandria Real Estate Equities Inc          | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |        14 | NS      | $2039.38      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology Inc                   | Align Technology Inc                         | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |         6 | NS      | $1265.40      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                      | Allstate Corp/The                            | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |        23 | NS      | $3118.80      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc            | Alnylam Pharmaceuticals Inc                  | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |        10 | NS      | $2376.50      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                           | Alphabet Inc                                 | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       473 | NS      | $41969.29     | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                           | Alphabet Inc                                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       464 | NS      | $40938.72     | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                         | Amazon.com Inc                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |       818 | NS      | $68712.00     | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Haul Holding Co                      | U-Haul Holding Co                            | CUSIP: 023586100<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |        14 | NS      | $842.66       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                    | American Express Co                          | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |        52 | NS      | $7683.00      | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                  | American Homes 4 Rent                        | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |        28 | NS      | $843.92       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I         | American International Group Inc             | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |        66 | NS      | $4173.84      | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                    | American Tower Corp                          | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |        41 | NS      | $8686.26      | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc            | American Water Works Co Inc                  | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |        16 | NS      | $2438.72      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AmerisourceBergen Corp                 | AmerisourceBergen Corp                       | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |        13 | NS      | $2154.23      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc               | Ameriprise Financial Inc                     | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |         9 | NS      | $2802.33      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                             | AMETEK Inc                                   | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |        20 | NS      | $2794.40      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                              | Amgen Inc                                    | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |        47 | NS      | $12344.08     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                     | Analog Devices Inc                           | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |        45 | NS      | $7381.35      | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ANSYS Inc                              | ANSYS Inc                                    | CUSIP: 03662Q105<br>LEI: 549300VJV8H15Z5FJ571 | Long             | EC               | CORP              | US        |         7 | NS      | $1691.13      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                    | Elevance Health Inc                          | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |        21 | NS      | $10772.37     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                              | Apple Inc                                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      1415 | NS      | $183850.95    | 6.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                  | Applied Materials Inc                        | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |        76 | NS      | $7400.88      | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp                   | Ares Management Corp                         | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |        13 | NS      | $889.72       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                    | Arista Networks Inc                          | CUSIP: 040413106<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |        20 | NS      | $2427.00      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                           | Autodesk Inc                                 | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |        19 | NS      | $3550.53      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc          | Automatic Data Processing Inc                | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |        36 | NS      | $8598.96      | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                           | AutoZone Inc                                 | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |         1 | NS      | $2466.18      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc              | AvalonBay Communities Inc                    | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |        12 | NS      | $1938.24      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                            | Avantor Inc                                  | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        59 | NS      | $1244.31      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp                    | Avery Dennison Corp                          | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |         7 | NS      | $1267.00      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                   | Bank of America Corp                         | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |       712 | NS      | $23581.44     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T         | Bank of New York Mellon Corp/The             | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |        71 | NS      | $3231.92      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International Inc               | Baxter International Inc                     | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |        44 | NS      | $2242.68      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson and Co                | Becton Dickinson and Co                      | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |        25 | NS      | $6357.50      | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp                       | W R Berkley Corp                             | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |        18 | NS      | $1306.26      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                        | Best Buy Co Inc                              | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |        17 | NS      | $1363.57      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bill.com Holdings Inc                  | Bill.com Holdings Inc                        | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |         8 | NS      | $871.68       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical Inc            | BioMarin Pharmaceutical Inc                  | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |        16 | NS      | $1655.84      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                             | Biogen Inc                                   | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |        12 | NS      | $3323.04      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                        | Bio-Techne Corp                              | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |        13 | NS      | $1077.44      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Inc                          | BlackRock Inc                                | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |        12 | NS      | $8503.56      | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                         | Blackstone Inc                               | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |        62 | NS      | $4599.78      | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                   | Booking Holdings Inc                         | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |         3 | NS      | $6045.84      | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                  | Camden Property Trust                        | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |         9 | NS      | $1006.92      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp             | Capital One Financial Corp                   | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |        33 | NS      | $3067.68      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                    | Cardinal Health Inc                          | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |        23 | NS      | $1768.01      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                       | Carlisle Cos Inc                             | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |         4 | NS      | $942.60       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                             | CarMax Inc                                   | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        14 | NS      | $852.46       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                    | Carrier Global Corp                          | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |        74 | NS      | $3052.50      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                        | Caterpillar Inc                              | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |        46 | NS      | $11019.76     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corp                          | Celanese Corp                                | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |         8 | NS      | $817.92       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                           | Centene Corp                                 | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |        50 | NS      | $4100.50      | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories Int         | Charles River Laboratories International Inc | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |         4 | NS      | $871.60       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc             | Charter Communications Inc                   | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |         9 | NS      | $3051.90      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc             | Chipotle Mexican Grill Inc                   | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         2 | NS      | $2774.98      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc                 | Church & Dwight Co Inc                       | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |        21 | NS      | $1692.81      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corp              | Cincinnati Financial Corp                    | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |        13 | NS      | $1331.07      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                      | Cisco Systems Inc                            | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |       365 | NS      | $17388.60     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                            | Cintas Corp                                  | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         7 | NS      | $3161.34      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                          | Citigroup Inc                                | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |       167 | NS      | $7553.41      | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co/The                          | Clorox Co/The                                | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |        10 | NS      | $1403.30      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                         | Cloudflare Inc                               | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |        22 | NS      | $994.62       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                       | Coca-Cola Co/The                             | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |       347 | NS      | $22072.67     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions         | Cognizant Technology Solutions Corp          | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |        45 | NS      | $2573.55      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                   | Colgate-Palmolive Co                         | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |        69 | NS      | $5436.51      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                           | Comcast Corp                                 | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |       380 | NS      | $13288.60     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                     | Conagra Brands Inc                           | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |        42 | NS      | $1625.40      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc               | Constellation Brands Inc                     | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |        14 | NS      | $3244.50      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cooper Cos Inc/The                     | Cooper Cos Inc/The                           | CUSIP: 216648402<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |         4 | NS      | $1322.68      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                             | Copart Inc                                   | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |        38 | NS      | $2313.82      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                            | Corning Inc                                  | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |        67 | NS      | $2139.98      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                            | Corteva Inc                                  | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |        63 | NS      | $3703.14      | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                  | Costco Wholesale Corp                        | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |        39 | NS      | $17803.50     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group Inc                       | CoStar Group Inc                             | CUSIP: 22160N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        35 | NS      | $2704.80      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc               | Crowdstrike Holdings Inc                     | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |        18 | NS      | $1895.22      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                       | Crown Castle Inc                             | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |        38 | NS      | $5154.32      | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                            | Cummins Inc                                  | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |        12 | NS      | $2907.48      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton Inc                          | DR Horton Inc                                | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |        30 | NS      | $2674.20      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                           | Danaher Corp                                 | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |        58 | NS      | $15394.36     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants Inc                 | Darden Restaurants Inc                       | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |        10 | NS      | $1383.30      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                            | Datadog Inc                                  | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |        22 | NS      | $1617.00      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                             | Deere & Co                                   | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |        25 | NS      | $10719.00     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc                    | Delta Air Lines Inc                          | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |        56 | NS      | $1840.16      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                             | Dexcom Inc                                   | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |        34 | NS      | $3850.16      | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc               | Digital Realty Trust Inc                     | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |        25 | NS      | $2506.75      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                     | Walt Disney Co/The                           | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |       162 | NS      | $14074.56     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Financial Services            | Discover Financial Services                  | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |        24 | NS      | $2347.92      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                    | Dollar General Corp                          | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |        19 | NS      | $4678.75      | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                        | Dollar Tree Inc                              | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |        19 | NS      | $2687.36      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Inc                     | Domino's Pizza Inc                           | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |         3 | NS      | $1039.20      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International I         | Mettler-Toledo International Inc             | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |         1 | NS      | $1445.45      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                         | Microsoft Corp                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       663 | NS      | $159000.66    | 5.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc               | Microchip Technology Inc                     | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |        47 | NS      | $3301.75      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                  | Micron Technology Inc                        | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |        96 | NS      | $4798.08      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communit         | Mid-America Apartment Communities Inc        | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |        10 | NS      | $1569.90      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna Inc                            | Moderna Inc                                  | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |        30 | NS      | $5388.60      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare Inc                  | Molina Healthcare Inc                        | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |         5 | NS      | $1651.10      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc             | Mondelez International Inc                   | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |       121 | NS      | $8064.65      | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc           | Monolithic Power Systems Inc                 | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |         3 | NS      | $1060.83      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                  | Monster Beverage Corp                        | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |        32 | NS      | $3248.96      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                           | Moody's Corp                                 | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |        16 | NS      | $4457.92      | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                         | Morgan Stanley                               | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |       116 | NS      | $9862.32      | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co/The                          | Mosaic Co/The                                | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |        30 | NS      | $1316.10      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                             | Nasdaq Inc                                   | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |        30 | NS      | $1840.50      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                             | NetApp Inc                                   | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |        19 | NS      | $1141.14      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                            | Netflix Inc                                  | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |        39 | NS      | $11500.32     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc             | Neurocrine Biosciences Inc                   | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |         8 | NS      | $955.52       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                           | Newmont Corp                                 | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |        70 | NS      | $3304.00      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                               | NIKE Inc                                     | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |        89 | NS      | $10413.89     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp                           | Nordson Corp                                 | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |         4 | NS      | $950.88       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp                  | Norfolk Southern Corp                        | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |        21 | NS      | $5174.82      | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp                    | Northern Trust Corp                          | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |        18 | NS      | $1592.82      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                        | Gen Digital Inc                              | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |        54 | NS      | $1157.22      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                             | Nucor Corp                                   | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |        22 | NS      | $2899.82      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                            | NVIDIA Corp                                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |       210 | NS      | $30689.40     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                | O'Reilly Automotive Inc                      | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |         5 | NS      | $4220.15      | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc          | Old Dominion Freight Line Inc                | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |         8 | NS      | $2270.24      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                      | Omnicom Group Inc                            | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |        17 | NS      | $1386.69      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp                  | ON Semiconductor Corp                        | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |        38 | NS      | $2370.06      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                            | Oracle Corp                                  | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |       137 | NS      | $11198.38     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp                    | Otis Worldwide Corp                          | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |        37 | NS      | $2897.47      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group I         | PNC Financial Services Group Inc/The         | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |        35 | NS      | $5527.90      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                     | PPG Industries Inc                           | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |        20 | NS      | $2514.80      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                | PTC Inc                                      | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |         9 | NS      | $1080.36      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                             | PACCAR Inc                                   | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |        30 | NS      | $2969.10      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America              | Packaging Corp of America                    | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |         8 | NS      | $1023.28      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                 | Palo Alto Networks Inc                       | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |        26 | NS      | $3628.04      | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                   | Parker-Hannifin Corp                         | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |        11 | NS      | $3201.00      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                            | Paychex Inc                                  | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |        28 | NS      | $3235.68      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                    | Paycom Software Inc                          | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |         4 | NS      | $1241.24      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                    | PayPal Holdings Inc                          | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |       101 | NS      | $7193.22      | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                            | PepsiCo Inc                                  | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |       123 | NS      | $22221.18     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PerkinElmer Inc                        | PerkinElmer Inc                              | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |        10 | NS      | $1402.20      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                             | Pfizer Inc                                   | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |       499 | NS      | $25568.76     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                          | Pinterest Inc                                | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        45 | NS      | $1092.60      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corp                              | Pool Corp                                    | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |         3 | NS      | $906.99       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Group Inc                 | T Rowe Price Group Inc                       | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |        19 | NS      | $2072.14      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group Inc          | Principal Financial Group Inc                | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |        21 | NS      | $1762.32      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                | Procter & Gamble Co/The                      | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |       210 | NS      | $31827.60     | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                   | Progressive Corp/The                         | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |        51 | NS      | $6615.21      | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                           | Prologis Inc                                 | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |        82 | NS      | $9243.86      | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial Inc               | Prudential Financial Inc                     | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |        32 | NS      | $3182.72      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                         | Public Storage                               | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |        13 | NS      | $3642.47      | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                           | QUALCOMM Inc                                 | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |        99 | NS      | $10884.06     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc                    | Quanta Services Inc                          | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |        12 | NS      | $1710.00      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc                  | Quest Diagnostics Inc                        | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |        10 | NS      | $1564.40      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International Inc                  | RPM International Inc                        | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |        11 | NS      | $1071.95      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc            | Raymond James Financial Inc                  | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |        17 | NS      | $1816.45      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                     | Realty Income Corp                           | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |        55 | NS      | $3488.65      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp                   | Regency Centers Corp                         | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |        15 | NS      | $937.50       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc          | Regeneron Pharmaceuticals Inc                | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |         8 | NS      | $5771.92      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp                 | Regions Financial Corp                       | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |        82 | NS      | $1767.92      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Steel & Aluminum Co           | Reliance Steel & Aluminum Co                 | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |         5 | NS      | $1012.20      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc                  | Republic Services Inc                        | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |        18 | NS      | $2321.82      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                             | ResMed Inc                                   | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |        12 | NS      | $2497.56      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Rivian Automotive Inc                  | Rivian Automotive Inc                        | CUSIP: 76954A103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        45 | NS      | $829.35       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                            | ROBLOX Corp                                  | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        36 | NS      | $1024.56      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc                | Rockwell Automation Inc                      | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |        10 | NS      | $2575.70      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                            | Rollins Inc                                  | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |        22 | NS      | $803.88       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                 | Roper Technologies Inc                       | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |         9 | NS      | $3888.81      | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                        | Ross Stores Inc                              | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |        30 | NS      | $3482.10      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                         | S&P Global Inc                               | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |        28 | NS      | $9378.32      | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                | SBA Communications Corp                      | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |         9 | NS      | $2522.79      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc         | SS&C Technologies Holdings Inc               | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |        19 | NS      | $989.14       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SVB Financial Group                    | SVB Financial Group                          | CUSIP: 78486Q101<br>LEI: 549300D2KJ20JMXE7542 | Long             | EC               | CORP              | US        |         5 | NS      | $1150.70      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                         | Salesforce Inc                               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |        85 | NS      | $11270.15     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein Inc                       | Henry Schein Inc                             | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |        11 | NS      | $878.57       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                | Charles Schwab Corp/The                      | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |       131 | NS      | $10907.06     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagen Inc                             | Seagen Inc                                   | CUSIP: 81181C104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        12 | NS      | $1542.12      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Corp International/US          | Service Corp International/US                | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |        13 | NS      | $898.82       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                         | ServiceNow Inc                               | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |        17 | NS      | $6600.59      | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                | Sherwin-Williams Co/The                      | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |        21 | NS      | $4983.93      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc               | Simon Property Group Inc                     | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |        29 | NS      | $3406.92      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions Inc                 | Skyworks Solutions Inc                       | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |        14 | NS      | $1275.82      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| J M Smucker Co/The                     | J M Smucker Co/The                           | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |         9 | NS      | $1426.14      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                            | Snap-on Inc                                  | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |         4 | NS      | $913.96       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                          | Snowflake Inc                                | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |        23 | NS      | $3301.42      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co                  | Southwest Airlines Co                        | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |        52 | NS      | $1750.84      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Splunk Inc                             | Splunk Inc                                   | CUSIP: 848637104<br>LEI: 549300XGDSGBP6UEI867 | Long             | EC               | CORP              | US        |        13 | NS      | $1119.17      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                              | Block Inc                                    | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |        45 | NS      | $2827.80      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker Inc             | Stanley Black & Decker Inc                   | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |        13 | NS      | $976.56       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                         | Starbucks Corp                               | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |       100 | NS      | $9920.00      | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                      | State Street Corp                            | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |        30 | NS      | $2327.10      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                     | Steel Dynamics Inc                           | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |        14 | NS      | $1367.80      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                           | Stryker Corp                                 | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |        29 | NS      | $7090.21      | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                    | Sun Communities Inc                          | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |        10 | NS      | $1430.00      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                           | Synopsys Inc                                 | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |        13 | NS      | $4150.77      | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                    | Synchrony Financial                          | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |        39 | NS      | $1281.54      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                             | Sysco Corp                                   | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |        45 | NS      | $3440.25      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                        | TJX Cos Inc/The                              | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |       102 | NS      | $8119.20      | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                        | T-Mobile US Inc                              | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |        55 | NS      | $7700.00      | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software          | Take-Two Interactive Software Inc            | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |        13 | NS      | $1353.69      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                            | Target Corp                                  | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |        40 | NS      | $5961.60      | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Inc                           | Teleflex Inc                                 | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |         4 | NS      | $998.52       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                           | Teradyne Inc                                 | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |        13 | NS      | $1135.55      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                              | Tesla Inc                                    | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       237 | NS      | $29193.66     | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                  | Texas Instruments Inc                        | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |        80 | NS      | $13217.60     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The                     | Trade Desk Inc/The                           | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |        35 | NS      | $1569.05      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc           | Thermo Fisher Scientific Inc                 | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |        35 | NS      | $19274.15     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                                  | 3M Co                                        | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |        49 | NS      | $5876.08      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Co/The                            | Toro Co/The                                  | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |         8 | NS      | $905.60       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                      | Tractor Supply Co                            | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |         9 | NS      | $2024.73      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                             | TransUnion                                   | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |        17 | NS      | $964.75       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The                  | Travelers Cos Inc/The                        | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |        20 | NS      | $3749.80      | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                            | Trimble Inc                                  | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |        21 | NS      | $1061.76      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp                  | Truist Financial Corp                        | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |       117 | NS      | $5034.51      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bank Money Market Deposit Account | U.S. Bank Money Market Deposit Account       | CUSIP: 8AMMF0A92<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    422513 | NS      | $422513.36    | 14.62%            |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc                 | Tyler Technologies Inc                       | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |         3 | NS      | $967.23       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                                | UDR Inc                                      | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |        28 | NS      | $1084.44      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                             | US Bancorp                                   | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |       136 | NS      | $5930.96      | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                  | Uber Technologies Inc                        | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |       177 | NS      | $4377.21      | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                        | Ulta Beauty Inc                              | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |         4 | NS      | $1876.28      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                     | Union Pacific Corp                           | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |        57 | NS      | $11802.99     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc           | United Airlines Holdings Inc                 | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |        28 | NS      | $1055.60      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc              | United Parcel Service Inc                    | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |        64 | NS      | $11125.76     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                     | United Rentals Inc                           | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |         6 | NS      | $2132.52      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp               | United Therapeutics Corp                     | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |         3 | NS      | $834.27       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                 | UnitedHealth Group Inc                       | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |        82 | NS      | $43474.76     | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Properties Inc                  | Boston Properties Inc                        | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |        13 | NS      | $878.54       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp                 | Boston Scientific Corp                       | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |       127 | NS      | $5876.29      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                | Bristol-Myers Squibb Co                      | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |       197 | NS      | $14174.15     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions         | Broadridge Financial Solutions Inc           | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |        10 | NS      | $1341.30      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                           | Broadcom Inc                                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |        35 | NS      | $19569.55     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                      | Brown & Brown Inc                            | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |        19 | NS      | $1082.43      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp                      | Brown-Forman Corp                            | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |        20 | NS      | $1313.60      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc                  | Burlington Stores Inc                        | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |         5 | NS      | $1013.80      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                         | CBRE Group Inc                               | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |        27 | NS      | $2077.92      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                            | CDW Corp/DE                                  | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |        11 | NS      | $1964.38      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc             | CF Industries Holdings Inc                   | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |        17 | NS      | $1448.40      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc              | CH Robinson Worldwide Inc                    | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |        10 | NS      | $915.60       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Corp                             | Cigna Corp                                   | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |        27 | NS      | $8946.18      | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                          | CME Group Inc                                | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |        31 | NS      | $5212.96      | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                               | CSX Corp                                     | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |       190 | NS      | $5886.20      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                        | CVS Health Corp                              | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |       116 | NS      | $10810.04     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc             | Cadence Design Systems Inc                   | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |        24 | NS      | $3855.36      | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                           | DoorDash Inc                                 | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |        20 | NS      | $976.40       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp                             | Dover Corp                                   | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |        12 | NS      | $1624.92      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                | Dow Inc                                      | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |        62 | NS      | $3124.18      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours Inc                  | DuPont de Nemours Inc                        | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |        44 | NS      | $3019.72      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co                    | Eastman Chemical Co                          | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |        10 | NS      | $814.40       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                               | eBay Inc                                     | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |        48 | NS      | $1990.56      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                             | Ecolab Inc                                   | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |        22 | NS      | $3202.32      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp              | Edwards Lifesciences Corp                    | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |        54 | NS      | $4028.94      | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                    | Electronic Arts Inc                          | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |        23 | NS      | $2810.14      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                    | Emerson Electric Co                          | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |        52 | NS      | $4995.12      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc                     | Enphase Energy Inc                           | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |        11 | NS      | $2914.56      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems Inc                       | EPAM Systems Inc                             | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |         4 | NS      | $1310.96      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc                            | Equifax Inc                                  | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |        10 | NS      | $1943.60      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                            | Equinix Inc                                  | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |         8 | NS      | $5240.24      | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                 | Equitable Holdings Inc                       | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |        32 | NS      | $918.40       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties In         | Equity LifeStyle Properties Inc              | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |        16 | NS      | $1033.60      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                     | Equity Residential                           | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |        33 | NS      | $1947.00      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities Inc                | Essential Utilities Inc                      | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |        23 | NS      | $1097.79      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc               | Essex Property Trust Inc                     | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |         5 | NS      | $1059.60      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                               | Etsy Inc                                     | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |        11 | NS      | $1317.58      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                      | Expedia Group Inc                            | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        12 | NS      | $1051.20      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Wa         | Expeditors International of Washington Inc   | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |        14 | NS      | $1454.88      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                | Extra Space Storage Inc                      | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        11 | NS      | $1618.98      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                               | FMC Corp                                     | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |        11 | NS      | $1372.80      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                     | Meta Platforms Inc                           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       155 | NS      | $18652.70     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc           | FactSet Research Systems Inc                 | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |         3 | NS      | $1203.63      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                        | Fair Isaac Corp                              | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |         2 | NS      | $1197.16      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                            | Fastenal Co                                  | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |        50 | NS      | $2366.00      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                             | FedEx Corp                                   | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |        21 | NS      | $3637.20      | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information          | Fidelity National Information Services Inc   | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |        52 | NS      | $3528.20      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                    | Fifth Third Bancorp                          | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |        60 | NS      | $1968.60      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| First Republic Bank/CA                 | First Republic Bank/CA                       | CUSIP: 33616C100<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EC               | CORP              | US        |        16 | NS      | $1950.24      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                        | First Solar Inc                              | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |         8 | NS      | $1198.32      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                             | Fiserv Inc                                   | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |        56 | NS      | $5659.92      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FleetCor Technologies Inc              | FleetCor Technologies Inc                    | CUSIP: 339041105<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |         6 | NS      | $1102.08      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                          | Ford Motor Co                                | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |       344 | NS      | $4000.72      | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                           | Fortinet Inc                                 | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |        58 | NS      | $2835.62      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortive Corp                           | Fortive Corp                                 | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |        30 | NS      | $1927.50      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                   | Freeport-McMoRan Inc                         | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |       126 | NS      | $4788.00      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co                | Arthur J Gallagher & Co                      | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |        18 | NS      | $3393.72      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties          | Gaming and Leisure Properties Inc            | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |        21 | NS      | $1093.89      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc                            | Gartner Inc                                  | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |         6 | NS      | $2016.84      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc                      | General Mills Inc                            | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |        52 | NS      | $4360.20      | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                      | General Motors Co                            | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |       126 | NS      | $4238.64      | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                       | Genuine Parts Co                             | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |        12 | NS      | $2082.12      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                    | Gilead Sciences Inc                          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       111 | NS      | $9529.35      | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                    | Global Payments Inc                          | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |        23 | NS      | $2284.36      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                         | Globe Life Inc                               | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |         7 | NS      | $843.85       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                            | GoDaddy Inc                                  | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |        12 | NS      | $897.84       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The            | Goldman Sachs Group Inc/The                  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |        31 | NS      | $10644.78     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                              | Graco Inc                                    | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |        14 | NS      | $941.64       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                        | WW Grainger Inc                              | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |         4 | NS      | $2225.00      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                     | HCA Healthcare Inc                           | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |        18 | NS      | $4319.28      | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                 | HP Inc                                       | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |        79 | NS      | $2122.73      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Financial Services Gr         | Hartford Financial Services Group Inc/The    | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |        28 | NS      | $2123.24      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc              | Healthpeak Properties Inc                    | CUSIP: 42250P103<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | EC               | CORP              | US        |        47 | NS      | $1178.29      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates Inc            | Jack Henry & Associates Inc                  | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |         6 | NS      | $1053.36      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co/The                         | Hershey Co/The                               | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |        13 | NS      | $3010.41      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co          | Hewlett Packard Enterprise Co                | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |       113 | NS      | $1803.48      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc          | Hilton Worldwide Holdings Inc                | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |        23 | NS      | $2906.28      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                            | Hologic Inc                                  | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |        21 | NS      | $1571.01      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                     | Home Depot Inc/The                           | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |        90 | NS      | $28427.40     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc              | Host Hotels & Resorts Inc                    | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |        63 | NS      | $1011.15      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                   | Howmet Aerospace Inc                         | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |        33 | NS      | $1300.53      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                            | Hubbell Inc                                  | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |         4 | NS      | $938.72       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                            | HubSpot Inc                                  | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |         4 | NS      | $1156.52      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                             | Humana Inc                                   | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |        11 | NS      | $5634.09      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Hunt Transport Services Inc         | JB Hunt Transport Services Inc               | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |         7 | NS      | $1220.52      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH           | Huntington Bancshares Inc/OH                 | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |       127 | NS      | $1790.70      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp                              | IDEX Corp                                    | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |         6 | NS      | $1369.98      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                 | IDEXX Laboratories Inc                       | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |         7 | NS      | $2855.72      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc                | Illinois Tool Works Inc                      | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |        24 | NS      | $5287.20      | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                           | Illumina Inc                                 | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |        13 | NS      | $2628.60      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                            | Incyte Corp                                  | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |        16 | NS      | $1285.12      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                     | Ingersoll Rand Inc                           | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |        35 | NS      | $1828.75      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                           | Insulet Corp                                 | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |         6 | NS      | $1766.34      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                             | Intel Corp                                   | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |       367 | NS      | $9699.81      | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc          | Intercontinental Exchange Inc                | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |        49 | NS      | $5026.91      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                                    | International Business Machines Corp         | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |        80 | NS      | $11271.20     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| IFF                                    | International Flavors & Fragrances Inc       | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |        20 | NS      | $2096.80      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos Inc/T         | Interpublic Group of Cos Inc/The             | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |        34 | NS      | $1132.54      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                             | Intuit Inc                                   | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |        24 | NS      | $9341.28      | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                 | Intuitive Surgical Inc                       | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |        31 | NS      | $8225.85      | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                   | Invitation Homes Inc                         | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        54 | NS      | $1600.56      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc                     | IQVIA Holdings Inc                           | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |        16 | NS      | $3278.24      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                      | Iron Mountain Inc                            | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |        25 | NS      | $1246.25      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                    | JPMorgan Chase & Co                          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |       258 | NS      | $34597.80     | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                      | Johnson & Johnson                            | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |       232 | NS      | $40982.80     | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Juniper Networks Inc                   | Juniper Networks Inc                         | CUSIP: 48203R104<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | EC               | CORP              | US        |        28 | NS      | $894.88       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                               | KLA Corp                                     | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |        12 | NS      | $4524.36      | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kellogg Co                             | Kellogg Co                                   | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |        30 | NS      | $2137.20      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc                   | Keurig Dr Pepper Inc                         | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |        76 | NS      | $2710.16      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                | KeyCorp                                      | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |        82 | NS      | $1428.44      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies Inc              | Keysight Technologies Inc                    | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |        15 | NS      | $2566.05      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp                    | Kimberly-Clark Corp                          | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |        30 | NS      | $4072.50      | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| KRC Interim Corp                       | KRC Interim Corp                             | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               | CORP              | US        |        53 | NS      | $1122.54      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co/The                     | Kraft Heinz Co/The                           | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |        70 | NS      | $2849.70      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                          | Kroger Co/The                                | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |        63 | NS      | $2808.54      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                               | LKQ Corp                                     | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |        23 | NS      | $1228.43      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc             | LPL Financial Holdings Inc                   | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |         7 | NS      | $1513.19      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Laboratory Corp of America Hol         | Laboratory Corp of America Holdings          | CUSIP: 50540R409<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | EC               | CORP              | US        |         7 | NS      | $1648.36      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                      | Lam Research Corp                            | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |        12 | NS      | $5043.60      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc               | Lamb Weston Holdings Inc                     | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |        12 | NS      | $1072.32      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp                   | Las Vegas Sands Corp                         | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |        29 | NS      | $1394.03      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos Inc/The               | Estee Lauder Cos Inc/The                     | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |        13 | NS      | $3225.43      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                            | Lennar Corp                                  | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |        20 | NS      | $1810.00      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For         | Liberty Media Corp-Liberty Formula One       | CUSIP: 531229854<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        15 | NS      | $896.70       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                         | Eli Lilly & Co                               | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |        84 | NS      | $30730.56     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc          | Live Nation Entertainment Inc                | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |        13 | NS      | $906.62       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corp                             | Loews Corp                                   | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |        17 | NS      | $991.61       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                         | Lowe's Cos Inc                               | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |        53 | NS      | $10559.72     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc                | Lululemon Athletica Inc                      | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |        10 | NS      | $3203.80      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp                          | M&T Bank Corp                                | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |        15 | NS      | $2175.90      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM Resorts International              | MGM Resorts International                    | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |        28 | NS      | $938.84       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc                               | MSCI Inc                                     | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |         6 | NS      | $2791.02      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Corp                            | Markel Corp                                  | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |         1 | NS      | $1317.49      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc               | MarketAxess Holdings Inc                     | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |         3 | NS      | $836.67       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc               | Marsh & McLennan Cos Inc                     | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |        44 | NS      | $7281.12      | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD          | Marriott International Inc/MD                | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |        22 | NS      | $3275.58      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc          | Martin Marietta Materials Inc                | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |         5 | NS      | $1689.85      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                             | Masco Corp                                   | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |        19 | NS      | $886.73       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                         | Mastercard Inc                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |        84 | NS      | $29209.32     | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Inc                        | Match Group Inc                              | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |        24 | NS      | $995.76       | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Co Inc/MD                  | McCormick & Co Inc/MD                        | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |        22 | NS      | $1823.58      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                        | McDonald's Corp                              | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |        65 | NS      | $17129.45     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                          | McKesson Corp                                | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |        12 | NS      | $4501.44      | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                         | Merck & Co Inc                               | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |       225 | NS      | $24963.75     | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                            | MetLife Inc                                  | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |        58 | NS      | $4197.46      | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-24

**Name of Applicant:** Manager Directed Portfolios

**Signature:** /s/ Scott Ostrowski

**Name of Signer:** Scott Ostrowski

**Title:** President