# EDGAR Filing Document

**Accession Number:** 0000908695
**File Stem:** 0001752724-25-177888
**Filing Date:** 2025-7
**Character Count:** 116136
**Document Hash:** e5d1dabf9c0bb26eda397cb594b06941
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-177888.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-177888

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VICTORY PORTFOLIOS III
- **CENTRAL INDEX KEY:** 0000908695

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07852
- **FILM NUMBER:** 251149531

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** 210-697-3625

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA MUTUAL FUNDS TRUST
- **DATE OF NAME CHANGE:** 20060420

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX FREE TRUST
- **DATE OF NAME CHANGE:** 19940325

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX EXEMPT TRUST
- **DATE OF NAME CHANGE:** 19930707

## Series and Classes Contracts Data

### Victory Target Managed Allocation Fund (Formerly USAA Target Managed Allocation Fund) (Series ID: S000050251)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000158651 | Victory Target Managed Allocation Fund | UTMAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios III

- **b. Investment Company Act file number:** 811-07852

- **c. CIK number of Registrant:** 0000908695

- **d. LEI of Registrant:** 549300WIDR2J6W1Y9S11

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

  - **Street Address 1:** 15935 La Cantera Pkwy Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-235-8396

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

- **a. Name of Series:** Victory Target Managed Allocation Fund

- **b. EDGAR series identifier (if any):** S000050251

- **c. LEI of Series:** 5493001Y7T79H1D82Q64

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $446425442.35

**Total Liabilities:** $4227225.95

**Net Assets:** $442198216.40

**Cash Not Reported:** $24860624.12

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000158651 | -5.96%               | 1.56%                | 4.61%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-9061795.39             | $-18198724.37                              |
| Month 2  | $14538909.09             | $-9022505.15                               |
| Month 3  | $5030914.79              | $15520929.96                               |

**Designated Index Information**

- **Index Name:** MSCI ALL WORLD COUNTRY INDEX

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| THE HOME DEPOT, INC.                                                      | HOME DEPOT INC THE                            | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      4911 | NS      | $1808672.19   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HYDRO ONE LIMITED                                                         | HYDRO ONE LTD                                 | CUSIP: 448811208<br>LEI: 5493007QZDXTP1W2VL44 | Long             | EC               | CORP              | CA        |     26425 | NS      | $973076.26    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| VULCAN MATERIALS COMPANY                                                  | VULCAN MATERIALS CO                           | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      4084 | NS      | $1082545.88   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                           | UNITEDHEALTH GROUP INC                        | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      3436 | NS      | $1037362.76   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES, INC.                                     | ALEXANDRIA REAL ESTATE EQUITIES INC           | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |      9557 | NS      | $670805.83    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSILORLUXOTTICA SA                                                       | ESSILORLUXOTTICA SA                           | CUSIP: N/A<br>LEI: 549300M3VH1A3ER1TB49       | Long             | EC               | CORP              | FR        |      3953 | NS      | $1098214.27   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| CANADIAN UTILITIES LIMITED                                                | CANADIAN UTILITIES LTD                        | CUSIP: 136717832<br>LEI: LWV4QIQODEH3VBHUFX07 | Long             | EC               | CORP              | CA        |     19412 | NS      | $542947.50    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                                                       | DEUTSCHE TELEKOM AG REG                       | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |     28819 | NS      | $1091191.20   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                         | SYSCO CORP                                    | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      6790 | NS      | $495670.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BANQUE NATIONALE DU CANADA                                                | NATIONAL BANK OF CANADA                       | CUSIP: 633067103<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | EC               | CORP              | CA        |     21855 | NS      | $2151257.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| INTESA SANPAOLO SPA                                                       | INTESA SANPAOLO SPA                           | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |    240107 | NS      | $1340281.09   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORPORATION                                                 | UNION PACIFIC CORP                            | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      2308 | NS      | $511591.28    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARMACEUTICALS INCORPORATED                                       | VERTEX PHARAMACEUTICALS INC                   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      1645 | NS      | $727172.25    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FINECOBANK BANCA FINECO S.P.A.                                            | FINECOBANK BANCA FINECO SPA                   | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |     32109 | NS      | $694299.53    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| EURO STOXX 50 FUTURE JUN25                                                | EURO STOXX 50 FUTURE JUN25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |       612 | NC      | $1818282.58   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ENEL - SPA                                                                | ENEL SPA                                      | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |    180656 | NS      | $1660379.24   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| UNICREDIT, SOCIETA PER AZIONI                                             | UNICREDIT SPA                                 | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |     15072 | NS      | $969103.91    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| COVIVIO SA                                                                | COVIVIO                                       | CUSIP: N/A<br>LEI: 969500P8M3W2XX376054       | Long             | EC               | CORP              | FR        |      7367 | NS      | $441961.79    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PERNOD RICARD SA                                                          | PERNOD RICARD SA                              | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |      4042 | NS      | $417899.40    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| NETFLIX, INC.                                                             | NETFLIX INC                                   | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      2265 | NS      | $2734375.95   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| GARTNER, INC.                                                             | GARTNER INC                                   | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |      1276 | NS      | $556871.92    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                  | LLOYDS BANKING GROUP PLC                      | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |    826039 | NS      | $860244.11    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| ARISTA NETWORKS, INC.                                                     | ARISTA NETWORKS INC                           | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      8675 | NS      | $751602.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ROLLS-ROYCE HOLDINGS PLC                                                  | ROLLS ROYCE HOLDINGS PLC                      | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |    111944 | NS      | $1302440.53   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORPORATION                                                  | LAM RESEARCH CORP                             | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     14413 | NS      | $1164426.27   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                                                         | MERCK CO INC                                  | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     16306 | NS      | $1252953.04   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrari N.V.                                                              | FERRARI NV                                    | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | NL        |      1723 | NS      | $824584.31    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| ANZ GROUP HOLDINGS LIMITED                                                | ANZ GROUP HOLDINGS LTD                        | CUSIP: N/A<br>LEI: 9845005D9C6BAA10BK72       | Long             | EC               | CORP              | AU        |     66109 | NS      | $1236730.09   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| MASTERCARD INCORPORATED.                                                  | MASTERCARD INC CLASS A                        | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      6078 | NS      | $3559276.80   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV, INC.                                                              | FISERV INC                                    | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      9270 | NS      | $1509063.30   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY                                                        | FORD MOTOR CO                                 | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    148668 | NS      | $1543173.84   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corporation                                                        | ITOCHU CORPORATION                            | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |     27000 | NS      | $1433206.57   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandvik Aktiebolag                                                        | SANDVIK AB                                    | CUSIP: N/A<br>LEI: 5299008ZUAXN43LVZF54       | Long             | EC               | CORP              | SE        |     46427 | NS      | $1013968.49   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co.,Ltd.                                                 | RECRUIT HOLDINGS CO LTD                       | CUSIP: N/A<br>LEI: 353800R2LRSMVVC4I806       | Long             | EC               | CORP              | JP        |     25500 | NS      | $1518943.00   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Intact Corporation financiere                                             | INTACT FINANCIAL CORP                         | CUSIP: 45823T106<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | EC               | CORP              | CA        |      6753 | NS      | $1532244.97   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corporation                                                    | BROOKFIELD CORP                               | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |     25472 | NS      | $1471109.17   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE SYSTEMS PLC                                                           | BAE SYSTEMS PLC                               | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |     58662 | NS      | $1503797.59   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| SHELL PLC                                                                 | SHELL PLC                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     22359 | NS      | $8004.52      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED UTILITIES GROUP PLC                                                | UNITED UTILITIES GROUP PLC                    | CUSIP: N/A<br>LEI: 2138002IEYQAOC88ZJ59       | Long             | EC               | CORP              | GB        |     83060 | NS      | $1314855.56   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| INPEX CORPORATION                                                         | INPEX CORP                                    | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |    143000 | NS      | $1912361.83   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| JONES LANG LASALLE INCORPORATED                                           | JONES LANG LASALLE INC                        | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      4260 | NS      | $948702.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ROGERS COMMUNICATIONS INC.                                                | ROGERS COMMUNICATIONS INC                     | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | EC               | CORP              | CA        |     26293 | NS      | $705898.64    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria, S.A.                                     | BANCO BILBAO VIZCAYA ARGENTARIA SA            | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |     70695 | NS      | $1061135.25   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| METRO INC.                                                                | METRO INC                                     | CUSIP: 59162N109<br>LEI: 549300KQ7DCG4IXSNW78 | Long             | EC               | CORP              | CA        |     13481 | NS      | $1051600.52   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CHARLES SCHWAB CORPORATION                                            | THE CHARLES SCHWAB CORP                       | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     12205 | NS      | $1078189.70   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TERUMO CORPORATION                                                        | TERUMO CORP                                   | CUSIP: N/A<br>LEI: 353800JX1R4582QVK932       | Long             | EC               | CORP              | JP        |     48000 | NS      | $881218.45    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Geberit AG                                                                | GEBERIT AG                                    | CUSIP: N/A<br>LEI: 52990093Z5OHD6T7BS47       | Long             | EC               | CORP              | CH        |       918 | NS      | $686015.57    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Electric Corporation                                           | MITSUBISHI ELECTRIC CORP                      | CUSIP: N/A<br>LEI: 549300TRXM9Y6561AX39       | Long             | EC               | CORP              | JP        |     43300 | NS      | $864227.56    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| GECINA SA                                                                 | GECINA SA                                     | CUSIP: N/A<br>LEI: 9695003E4MMA10IBTR26       | Long             | EC               | CORP              | FR        |      4894 | NS      | $538617.88    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                                             | GOLDMAN SACHS GROUP INC THE                   | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      2207 | NS      | $1325193.15   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd.                                                              | NUTRIEN LTD                                   | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     18845 | NS      | $1113505.76   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                                         | JOHNSON JOHNSON                               | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      3657 | NS      | $567602.97    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                                                          | ROCHE HOLDING AG                              | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |      4725 | NS      | $1531394.35   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| KEYENCE CORPORATION                                                       | KEYENCE CORPORATION                           | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |      3300 | NS      | $1381425.42   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| BROADRIDGE FINANCIAL SOLUTIONS, INC.                                      | BROADRIDGE FINANCIAL SOLUTIONS                | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      2338 | NS      | $567736.54    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                                                     | GILEAD SCIENCES INC                           | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      4749 | NS      | $522769.92    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTRA SPACE STORAGE INC.                                                  | EXTRA SPACE STORAGE INC                       | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5437 | NS      | $821802.55    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD ASSET MANAGEMENT LTD.                                          | BROOKFIELD ASSET MANAGEMENT LTD               | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |     22627 | NS      | $1273160.38   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| EDWARDS LIFESCIENCES CORPORATION                                          | EDWARDS LIFESCIENCES CORPORATION              | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      9078 | NS      | $710081.16    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED                              | PUBLIC SERVICE ENTERPRISE GROUP INC           | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |      6665 | NS      | $540064.95    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANTEST CORPORATION                                                     | ADVANTEST CORP                                | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |     17300 | NS      | $875059.25    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu Limited                                                           | FUJITSU LTD                                   | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |     39600 | NS      | $907028.57    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| BOOKING HOLDINGS INC.                                                     | BOOKING HOLDINGS INC                          | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       203 | NS      | $1120342.79   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SWISS MKT IX FUTR JUN25                                                   | SWISS MKT IX FUTR JUN25                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | DE        |       259 | NC      | $-371527.87   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                                               | PFIZER INC                                    | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     34963 | NS      | $821280.87    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIPOTLE MEXICAN GRILL, INC.                                              | CHIPOTLE MEXICAN GRILL INC                    | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15528 | NS      | $777642.24    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPERIAN PLC                                                              | EXPERIAN PLC                                  | CUSIP: N/A<br>LEI: 635400RXXHHYT1JTSZ26       | Long             | EC               | CORP              | JE        |     21564 | NS      | $1073795.61   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                                              | MIZUHO FINANCIAL GROUP INC                    | CUSIP: N/A<br>LEI: 353800CI5L6DDAN5XZ33       | Long             | EC               | CORP              | JP        |     63800 | NS      | $1774351.14   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Airbus SE                                                                 | AIRBUS SE                                     | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | NL        |      6152 | NS      | $1131359.27   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                                    | LOWE S COS INC                                | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      5468 | NS      | $1234291.64   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BANQUE CANADIENNE IMPERIALE DE COMMERCE                                   | CANADIAN IMPERIAL BANK OF COMM                | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |     48266 | NS      | $3286322.97   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORPORATION                                                           | RTX CORP                                      | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     11137 | NS      | $1519977.76   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| The Travelers Companies, Inc.                                             | TRAVELERS COMPANIES INC                       | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      2928 | NS      | $807249.60    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| UNILEVER PLC                                                              | UNILEVER PLC                                  | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |     26673 | NS      | $1697180.29   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                           | ASTRAZENECA PLC                               | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     14748 | NS      | $2159932.08   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| ZILLOW GROUP, INC.                                                        | ZILLOW GROUP INC                              | CUSIP: 98954M101<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      7693 | NS      | $509045.81    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC.                                                                | ADOBE INC                                     | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      2903 | NS      | $1205006.27   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| JAPAN TOBACCO INC.                                                        | JAPAN TOBACCO INC                             | CUSIP: N/A<br>LEI: 353800Z0ENYBQO0XRJ31       | Long             | EC               | CORP              | JP        |     58000 | NS      | $1779314.99   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                                                    | DBS GROUP HOLDINGS LTD                        | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |     17300 | NS      | $597054.95    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Chubb Limited                                                             | CHUBB LIMITED                                 | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |      1613 | NS      | $479383.60    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBSPOT, INC.                                                             | HUBSPOT INC                                   | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      1053 | NS      | $621164.70    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER-HANNIFIN CORPORATION                                               | PARKER HANNIFIN CORP                          | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      1181 | NS      | $785010.70    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co., Ltd.                                                        | NINTENDO CO LTD                               | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |     20500 | NS      | $1672696.57   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| GENERAL MOTORS COMPANY                                                    | GENERAL MOTORS CO                             | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     15851 | NS      | $786368.11    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corporation                                                    | SONY GROUP CORP                               | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |     97100 | NS      | $2599242.61   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Adyen N.V.                                                                | ADYEN NV                                      | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               | CORP              | NL        |       389 | NS      | $745415.37    | 0.17%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BARCLAYS PLC                                                              | BARCLAYS PLC                                  | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | RF                | GB        |    281795 | NS      | $1247677.60   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Lifco AB (publ)                                                           | LIFCO AB                                      | CUSIP: N/A<br>LEI: 549300RTLL4VDQRCTW41       | Long             | EC               | CORP              | SE        |     25430 | NS      | $1036158.37   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA CORPORATION                                                        | NVIDIA CORP                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     74836 | NS      | $10112588.68  | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORPORATION                                                           | KLA CORP                                      | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      1223 | NS      | $925664.24    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| THE COCA-COLA COMPANY                                                     | COCA COLA CO THE                              | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     16125 | NS      | $1162612.50   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                                                          | DHL GROUP                                     | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |     25008 | NS      | $1122037.65   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPAGNIE DE SAINT-GOBAIN SA                                              | COMPAGNIE DE SAINT GOBAIN                     | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |      5673 | NS      | $638607.12    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| THE WALT DISNEY COMPANY                                                   | WALT DISNEY CO THE                            | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      8634 | NS      | $975987.36    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| THOMSON REUTERS CORPORATION                                               | THOMSON REUTERS CORP                          | CUSIP: 884903808<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |      7119 | NS      | $1414565.33   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| VEOLIA ENVIRONNEMENT SA                                                   | VEOLIA ENVIRONNEMENT                          | CUSIP: N/A<br>LEI: 969500LENY69X51OOT31       | Long             | EC               | CORP              | FR        |     23694 | NS      | $815363.28    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| SUMITOMO CORPORATION                                                      | SUMITOMO CORP                                 | CUSIP: N/A<br>LEI: V82KK8NH1P0JS71FJC05       | Long             | EC               | CORP              | JP        |     46900 | NS      | $1194505.92   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC.                                                           | S P GLOBAL INC                                | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      2718 | NS      | $1393953.48   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLARAMA INC.                                                            | DOLLARAMA INC                                 | CUSIP: 25675T107<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | EC               | CORP              | CA        |     11116 | NS      | $1429801.78   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC.                                             | ALIMENTATION COUCHE TARD INC                  | CUSIP: 01626P148<br>LEI: 549300OSW32RVX8CCZ87 | Long             | EC               | CORP              | CA        |     14627 | NS      | $758425.19    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| L E Lundbergforetagen Aktiebolag (publ)                                   | LUNDBERGS AB B SHS                            | CUSIP: N/A<br>LEI: 529900BPSFZS6O3A9R04       | Long             | EC               | CORP              | SE        |     18269 | NS      | $933595.45    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                         | HSBC HOLDINGS PLC                             | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |    196509 | NS      | $2314633.58   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| TMX Group Limited                                                         | TMX GROUP LTD                                 | CUSIP: 87262K105<br>LEI: 549300N65GFVKSHGJW59 | Long             | EC               | CORP              | CA        |     15651 | NS      | $632678.16    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                                        | CANADIAN NATURAL RESOURCES LTD                | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |     87439 | NS      | $2655285.77   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ALLSTATE CORPORATION                                                  | ALLSTATE CORP THE                             | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      3186 | NS      | $668645.82    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNEIDER ELECTRIC SE                                                     | SCHNEIDER ELECTRIC SA                         | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |      7075 | NS      | $1784877.41   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| CHUGAI PHARMACEUTICAL CO., LTD.                                           | CHUGAI PHARMACEUTICAL COMPANY LTD             | CUSIP: N/A<br>LEI: 529900T9LAII161DCN95       | Long             | EC               | CORP              | JP        |     12700 | NS      | $664044.48    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| WORKDAY, INC.                                                             | WORKDAY INC                                   | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      2340 | NS      | $579641.40    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| E.ON SE                                                                   | E ON SE                                       | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |     34369 | NS      | $602277.67    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| DIAGEO PLC                                                                | DIAGEO PLC                                    | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |     39160 | NS      | $1062647.02   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| O'Reilly Automotive, Inc.                                                 | O REILLY AUTOMOTIVE INC                       | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |       380 | NS      | $519650.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VINCI SA                                                                  | VINCI SA                                      | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |      9789 | NS      | $1398530.06   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| CORPORATION CAMECO                                                        | CAMECO CORP                                   | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     18308 | NS      | $1071902.58   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep N.V.                                                            | ING GROEP NV                                  | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |     55625 | NS      | $1181444.39   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                   | BRISTOL MYERS SQUIBB CO                       | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     13278 | NS      | $641061.84    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL, INC.                                                  | INTUITIVE SURGICAL INC                        | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      3430 | NS      | $1894526.20   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Stantec Inc.                                                              | STANTEC INC                                   | CUSIP: 85472N109<br>LEI: 549300MZ7NGUZDCP2T16 | Long             | EC               | CORP              | CA        |      8297 | NS      | $853583.65    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicinity Centres                                                          | VICINITY CENTRES                              | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | AU        |    431059 | NS      | $684399.09    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ZOETIS INC.                                                               | ZOETIS INC                                    | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      4480 | NS      | $755462.40    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FAST RETAILING CO., LTD.                                                  | FAST RETAILING CO LTD                         | CUSIP: N/A<br>LEI: 353800ZCXKHDPY0N5218       | Long             | EC               | CORP              | JP        |      3900 | NS      | $1299183.76   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| DANONE SA                                                                 | DANONE S A                                    | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |     19802 | NS      | $1692802.35   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| THE KROGER CO.                                                            | KROGER CO THE                                 | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      9507 | NS      | $648662.61    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                                                    | CVS HEALTH CORP                               | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      7620 | NS      | $487984.80    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH MOET HENNESSY LOUIS VUITTON SE                                       | LVMH MOET HENNESSY LOUIS VUITTON SA           | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |      2694 | NS      | $1461057.87   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Central Japan Railway Company                                             | CENTRAL JAPAN RAILWAY CO                      | CUSIP: N/A<br>LEI: 353800YAR3OVUITHTG64       | Long             | EC               | CORP              | JP        |     94300 | NS      | $2060264.97   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| EQUINIX, INC.                                                             | EQUINIX INC                                   | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1047 | NS      | $930594.54    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC.                                                                | AMGEN INC                                     | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      3139 | NS      | $904597.02    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC.                                                            | SNOWFLAKE INC CLASS A                         | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      4840 | NS      | $995442.80    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| RENAULT SA                                                                | RENAULT SA                                    | CUSIP: N/A<br>LEI: 969500F7JLTX36OUI695       | Long             | EC               | CORP              | FR        |     10178 | NS      | $523231.30    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| ELI LILLY AND COMPANY                                                     | ELI LILLY CO                                  | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      3528 | NS      | $2602499.76   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC.                                                           | GE VERNOVA LLC                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      2027 | NS      | $958730.46    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPAGNIE PETROLIERE IMPERIALE LTEE                                       | IMPERIAL OIL LTD                              | CUSIP: 453038408<br>LEI: 549300JZNB745JT5WY51 | Long             | EC               | CORP              | CA        |      8997 | NS      | $642418.06    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ressources Teck Limitee                                                   | TECK RESOURCES LTD                            | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |     15759 | NS      | $584100.52    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PUBLIC LIMITED COMPANY                                              | NEW LINDE PLC                                 | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |      2264 | NS      | $1058601.12   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico, Inc.                                                             | PEPSICO INC                                   | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      6221 | NS      | $817750.45    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                   | EXXON MOBIL CORP                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     22027 | NS      | $2253362.10   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORPORATION                                                      | AMPHENOL CORP CLASS A                         | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     15497 | NS      | $1393645.21   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTINET, INC.                                                            | FORTINET INC                                  | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      5889 | NS      | $599382.42    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                                               | NOVARTIS AG                                   | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |     26298 | NS      | $3037030.03   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| MINES AGNICO EAGLE LIMITEE                                                | AGINCO EAGLE MINES LTD                        | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |      8955 | NS      | $1055713.71   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                                                 | SHELL PLC                                     | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |     22359 | NS      | $737592.01    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Industria de Diseno Textil, S.A.                                          | INDUSTRIA DE DISENO TEXTIL SA INDITEX         | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |     13063 | NS      | $707601.71    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                                                    | AXA SA                                        | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |     15891 | NS      | $748935.80    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORPORATION                                               | WESTPAC BANKING CORP                          | CUSIP: N/A<br>LEI: EN5TNI6CI43VEPAMHL14       | Long             | EC               | CORP              | AU        |     51083 | NS      | $1071434.15   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| MSCI INC.                                                                 | MSCI INC COMMON                               | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |      1179 | NS      | $664979.58    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VEEVA SYSTEMS INC.                                                        | VEEVA SYSTEMS INC                             | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      3759 | NS      | $1051392.30   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| RUSSELL 2000 MINI INDEX FUTURE JUN25                                      | RUSSELL 2000 MINI INDEX FUTURE JUN25          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -358 | NC      | $-45426.10    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM GROUP INCORPORATED                                              | TRANSDIGM GROUP INC                           | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       524 | NS      | $769457.32    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortis Inc.                                                               | FORTIS INC                                    | CUSIP: 349553107<br>LEI: 549300MQYQ9Y065XPR71 | Long             | EC               | CORP              | CA        |     31381 | NS      | $1533374.18   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SANOFI SA                                                                 | SANOFI                                        | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |     11771 | NS      | $1165662.13   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                                     | SUMITOMO MITSUI FINANCIAL GROUP INC           | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |     88600 | NS      | $2276453.35   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPAGNIE FINANCIERE RICHEMONT SA                                         | CIE FINANCIERE RICHEMONT SA                   | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |      6854 | NS      | $1294026.85   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc.                                                       | CENOVUS ENERGY INC                            | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |     78096 | NS      | $1028986.79   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TOKYO PRICE INDEX FUTURE JUN25                                            | TOKYO PRICE INDEX FUTURE JUN25                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |       307 | NC      | $3060753.20   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                                                         | ASML HOLDING N V                              | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      3280 | NS      | $2416198.94   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORPORATION                                                  | TOYOTA MOTOR CORP                             | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |    164100 | NS      | $3124494.39   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| BASF SE                                                                   | BASF SE                                       | CUSIP: N/A<br>LEI: 529900PM64WH8AF1E917       | Long             | EC               | CORP              | DE        |      9220 | NS      | $444550.23    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Partners Group Holding AG                                                 | PARTNERS GROUP HOLDING AG                     | CUSIP: N/A<br>LEI: 549300I3IVVWZWDHI788       | Long             | EC               | CORP              | CH        |       567 | NS      | $761493.08    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| WEYERHAEUSER COMPANY                                                      | WEYERHAEUSER CO                               | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |     22618 | NS      | $586032.38    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ARC RESOURCES LTD                                                         | ARC RESOURCES LTD                             | CUSIP: 00208D408<br>LEI: 5493000OCGNQZEVTDT08 | Long             | EC               | CORP              | CA        |     34704 | NS      | $725339.40    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FTSE 100 INDEX FUTURE JUN25                                               | FTSE 100 INDEX FUTURE JUN25                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | GB        |      -445 | NC      | $-1549413.25  | -0.35%            |  |  |  | No            |                  1 | On Loan: No      |
| DENSO CORPORATION                                                         | DENSO CORP                                    | CUSIP: N/A<br>LEI: 549300RYPA10CQM3QK38       | Long             | EC               | CORP              | JP        |     89800 | NS      | $1212501.56   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES PLC                                                    | TRANE TECHNOLOGIES PLC                        | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      1555 | NS      | $669069.85    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SANTOS LIMITED                                                            | SANTOS LTD                                    | CUSIP: N/A<br>LEI: 5299000RK70B5O2M7077       | Long             | EC               | CORP              | AU        |    175441 | NS      | $744934.48    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                           | INTERCONTINENTAL EXCHANGE INC                 | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      3589 | NS      | $645302.20    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES, INC.                                               | KEYSIGHT TECHNOLOGIES INC                     | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |      3023 | NS      | $474731.92    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Epiroc Aktiebolag                                                         | EPIROC AB                                     | CUSIP: N/A<br>LEI: 5493004Q73OEYW1SPE91       | Long             | EC               | CORP              | SE        |     36820 | NS      | $720230.12    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| EATON CORPORATION PUBLIC LIMITED COMPANY                                  | EATON CORP PLC                                | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |      2538 | NS      | $812667.60    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Re AG                                                               | SWISS RE AG                                   | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |      5218 | NS      | $922436.12    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| APPLE INC.                                                                | APPLE INC                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     48499 | NS      | $9741024.15   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL ELECTRIC COMPANY                                                  | GENERAL ELECTRIC CO                           | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      5408 | NS      | $1329881.28   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WOODSIDE ENERGY GROUP LTD                                                 | WOODSIDE ENERGY GROUP LTD                     | CUSIP: N/A<br>LEI: 2549005ZC5RXAOO7FH41       | Long             | EC               | CORP              | AU        |     41375 | NS      | $593929.29    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS, INC.                                                  | EQUITABLE HOLDINGS INC                        | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     20255 | NS      | $1070881.85   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco Aktiebolag                                                    | ATLAS COPCO AB                                | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |     70498 | NS      | $1004164.26   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co. KGaA                                                      | HENKEL AG CO KGAA                             | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |     11602 | NS      | $851769.01    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Ajinomoto Co., Inc.                                                       | AJINOMOTO CO INC                              | CUSIP: N/A<br>LEI: 353800UT0TLROREPIC92       | Long             | EC               | CORP              | JP        |     47300 | NS      | $1182617.35   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Sika AG                                                                   | SIKA AG                                       | CUSIP: N/A<br>LEI: 549300R3N69ECGYPU434       | Long             | EC               | CORP              | CH        |      5124 | NS      | $1375806.60   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                       | MOODY S CORP                                  | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      2296 | NS      | $1100518.72   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTA SERVICES, INC.                                                     | QUANTA SERVICES INC                           | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      2392 | NS      | $819403.52    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                                               | VERIZON COMMUNICATIONS INC                    | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     18387 | NS      | $808292.52    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TJX COMPANIES, INC.                                                   | TJX COS INC                                   | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      7257 | NS      | $920913.30    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Corporation                                                    | MITSUBISHI CORP                               | CUSIP: N/A<br>LEI: KVIPTY4PULAPGC1VVD26       | Long             | EC               | CORP              | JP        |     77200 | NS      | $1561798.48   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                        | FAIRFAX FINANCIAL HOLDINGS LTD                | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |       740 | NS      | $1259261.92   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                                                       | ABBOTT LABORATORIES                           | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      6101 | NS      | $814971.58    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| LES COMPAGNIES LOBLAW LIMITEE                                             | LOBLAW COMPANIES LTD                          | CUSIP: 539481101<br>LEI: 5493008LN3O1DIDTSH67 | Long             | EC               | CORP              | CA        |      7086 | NS      | $1195614.04   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN LIFE FINANCIAL INC                                                    | SUN LIFE FINANCIAL INC                        | CUSIP: 866796105<br>LEI: 549300V040JZX5S66Z78 | Long             | EC               | CORP              | CA        |     28513 | NS      | $1836867.22   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INCORPORATED                                     | THERMO FISHER SCIENTIFIC INC                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1887 | NS      | $760121.34    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYERA CORP.                                                              | KEYERA CORP                                   | CUSIP: 493271100<br>LEI: 254900LXI62FUHZGH122 | Long             | EC               | CORP              | CA        |     23755 | NS      | $724144.91    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| EMERA INCORPORATED                                                        | EMERA INC                                     | CUSIP: 290876101<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | EC               | CORP              | CA        |     25520 | NS      | $1169992.13   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc.                                                  | MAGNA INTERNATIONAL INC                       | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |     23428 | NS      | $850592.45    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeda Pharmaceutical Company Limited                                     | TAKEDA PHARMACEUTICAL CO LTD                  | CUSIP: N/A<br>LEI: 549300ZLMVP4X0OGR454       | Long             | EC               | CORP              | JP        |     41200 | NS      | $1237162.02   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| SCENTRE GROUP                                                             | SCENTRE GROUP                                 | CUSIP: N/A<br>LEI: N/A                        | Long             |  | RF                | AU        |    355971 | NS      | $842573.32    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| QUALCOMM INCORPORATED                                                     | QUALCOMM INC                                  | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      6906 | NS      | $1002751.20   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| STRYKER CORPORATION                                                       | STRYKER CORP                                  | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      2133 | NS      | $816171.12    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CINTAS CORPORATION                                                        | CINTAS CORP                                   | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2400 | NS      | $543600.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MANULIFE FINANCIAL CORPORATION                                            | MANULIFE FINANCIAL CORP                       | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |     73638 | NS      | $2345125.05   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                                          | PHILIP MORRIS INTERNATIONAL INC               | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     10640 | NS      | $1921477.60   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                                                      | JPMORGAN CHASE CO                             | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     14921 | NS      | $3939144.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOZONE, INC.                                                            | AUTOZONE INC                                  | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |        80 | NS      | $298643.20    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PEMBINA PIPELINE CORPORATION                                              | PEMBINA PIPELINE CORP                         | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |     29745 | NS      | $1114841.39   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| POWER CORPORATION DU CANADA                                               | POWER CORP OF CANADA                          | CUSIP: 739239101<br>LEI: 549300BE2CB8T87IJV50 | Long             | EC               | CORP              | CA        |     29956 | NS      | $1159425.13   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS, INC.                                                      | META PLATFORMS INC                            | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      7669 | NS      | $4965600.81   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL ENVIRONMENTAL INC.                                                    | GFL ENVIRONMENTAL INC                         | CUSIP: 36168Q104<br>LEI: 549300FYK4MBXWIVZU26 | Long             | EC               | CORP              | CA        |     10644 | NS      | $538017.67    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| GEORGE WESTON LIMITEE.                                                    | GEORGE WESTON LIMITED                         | CUSIP: 961148509<br>LEI: 549300FAHC3L1QKNT280 | Long             | EC               | CORP              | CA        |      5754 | NS      | $1158599.48   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, INC.                                                                | NIKE INC CLASS B                              | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      9836 | NS      | $595963.24    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE DESIGN SYSTEMS, INC.                                              | CADENCE DESIGN SYSTEMS INC                    | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      2792 | NS      | $801499.44    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROGRESSIVE CORPORATION                                               | PROGRESSIVE CORP                              | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      4737 | NS      | $1349713.41   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK, INC.                                                           | BLACKROCK INC                                 | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      1459 | NS      | $1429659.51   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| LONDON STOCK EXCHANGE GROUP PLC                                           | LONDON STOCK EXCHANGE GROUP PL                | CUSIP: N/A<br>LEI: 213800QAUUUP6I445N30       | Long             | EC               | CORP              | GB        |      4761 | NS      | $724279.48    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Holcim AG                                                                 | HOLCIM LTD                                    | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |     11554 | NS      | $1280923.13   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERIPRISE FINANCIAL, INC.                                                | AMERIPRISE FINANCIAL INC                      | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      2034 | NS      | $1035794.16   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Vonovia SE                                                                | VONOVIA SE                                    | CUSIP: N/A<br>LEI: 5299005A2ZEP6AP7KM81       | Long             | EC               | CORP              | DE        |     16642 | NS      | $545197.83    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Boerse Aktiengesellschaft                                        | DEUTSCHE BOERSE AG                            | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |      2614 | NS      | $841989.41    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| SFL CORPORATION LTD.                                                      | SFL CORP LTD                                  | CUSIP: G7738W106<br>LEI: 549300RLYYPSB0C7RH77 | Long             | EC               | CORP              | BM        |     78257 | NS      | $671445.06    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                                   | BANK OF NOVA SCOTIA                           | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |     62129 | NS      | $3324684.79   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SAFRAN SA                                                                 | SAFRAN SA                                     | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |      4379 | NS      | $1294954.59   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC.                                                     | KEURIG DR PEPPER INC                          | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     28319 | NS      | $953500.73    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CGI INC.                                                                  | CGI INC                                       | CUSIP: 12532H104<br>LEI: 549300WSRCZY73ZG3090 | Long             | EC               | CORP              | CA        |      7031 | NS      | $755927.29    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIBAIL-RODAMCO-WESTFIELD SE SA                                           | UNIBAIL RODAMCO WESTFIELD                     | CUSIP: N/A<br>LEI: 969500SHQITWXSIS7N89       | Long             |  | CORP              | FR        |      6916 | NS      | $655831.38    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                                                          | TOTALENERGIES SE                              | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |     16138 | NS      | $949893.69    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola, S.A.                                                           | IBERDROLA SA                                  | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |     82328 | NS      | $1508860.22   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| RB Global Inc                                                             | RB GLOBAL INC                                 | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |      6262 | NS      | $659832.81    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                                             | ALPHABET INC CLASS C                          | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     22937 | NS      | $3964660.45   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORPORATION                                                     | MICROSOFT CORP                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     24467 | NS      | $11263628.12  | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings, Inc.                                               | TOKIO MARINE HOLDINGS INC                     | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |     36400 | NS      | $1539600.38   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                                     | ELEVANCE HEALTH INC                           | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      2251 | NS      | $864023.84    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| VODAFONE GROUP PUBLIC LIMITED COMPANY                                     | VODAFONE GROUP PLC                            | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |    588695 | NS      | $610397.28    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| CUMMINS INC.                                                              | CUMMINS INC                                   | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      2214 | NS      | $711756.72    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMONWEALTH BANK OF AUSTRALIA                                            | COMMONWEALTH BANK OF AUSTRALIA                | CUSIP: N/A<br>LEI: MSFSBD3QN1GSN7Q6C537       | Long             | EC               | CORP              | AU        |     12559 | NS      | $1424614.35   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| ASSA ABLOY AB                                                             | ASSA ABLOY AB                                 | CUSIP: N/A<br>LEI: 549300YECS8HKCIMMB67       | Long             | EC               | CORP              | SE        |     17913 | NS      | $568892.45    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander, S.A.                                                     | BANCO SANTANDER SA                            | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |    253190 | NS      | $2019604.28   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| THE CIGNA GROUP                                                           | CIGNA GROUP THE                               | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      2174 | NS      | $688375.36    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| iA Societe Financiere Inc.                                                | IA FINANCIAL CORP INC                         | CUSIP: 45075E104<br>LEI: 549300ZXLJVHQAIXV215 | Long             | EC               | CORP              | CA        |      8155 | NS      | $830357.53    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                                                          | ROCHE HOLDING AG                              | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |      1711 | NS      | $584923.13    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| AT&T INC.                                                                 | AT T INC                                      | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     37843 | NS      | $1052035.40   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| HOYA CORPORATION                                                          | HOYA CORP                                     | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |      9800 | NS      | $1157186.90   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Limited                                                    | TOKYO ELECTRON LTD                            | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |      8300 | NS      | $1306265.23   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| SHOPIFY INC.                                                              | SHOPIFY INC                                   | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     43443 | NS      | $4642531.35   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTODESK, INC.                                                            | AUTODESK INC                                  | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      3399 | NS      | $1006511.88   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                                                         | SIEMENS ENERGY AG                             | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |      7891 | NS      | $771053.90    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                                                    | SAP SE                                        | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |     10015 | NS      | $3029352.74   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Compagnie des chemins de fer nationaux du Canada                          | CANADIAN NATIONAL RAILWAY COMPANY             | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |     12902 | NS      | $1356393.03   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                                              | WILLIAMS COS INC                              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     13520 | NS      | $818095.20    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AltaGas Ltd.                                                              | ALTAGAS LTD                                   | CUSIP: 021361100<br>LEI: 2549008X5V70MOS4HM10 | Long             | EC               | CORP              | CA        |     22273 | NS      | $622319.50    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY, INC.                                                      | NEXTERA ENERGY INC                            | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     11948 | NS      | $844006.72    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS, INC.                                                            | SYNOPSYS INC                                  | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      1964 | NS      | $911256.72    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GROUP, INC.                                                          | CBRE GROUP INC CL A                           | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      6198 | NS      | $774873.96    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Fudosan Co., Ltd.                                                  | MITSUI FUDOSAN CO LTD                         | CUSIP: N/A<br>LEI: 353800ND4ZKNZDYKMF33       | Long             | EC               | CORP              | JP        |     71200 | NS      | $681987.75    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| HERMES INTERNATIONAL S.C.A.                                               | HERMES INTERNATIONAL                          | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |       386 | NS      | $1064264.47   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                               | BANK OF AMERICA CORP                          | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     25297 | NS      | $1116356.61   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| THE SHERWIN-WILLIAMS COMPANY                                              | SHERWIN WILLIAMS CO                           | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      2039 | NS      | $731613.59    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands International Inc.                                      | RESTAURANT BRANDS INTERNATIONAL INC           | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |     10133 | NS      | $723532.53    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Marubeni Corporation                                                      | MARUBENI CORP                                 | CUSIP: N/A<br>LEI: 4P4N3ORD02UGQT1T1W12       | Long             | EC               | CORP              | JP        |     53900 | NS      | $1092628.26   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| ABBVIE INC.                                                               | ABBVIE INC                                    | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      7064 | NS      | $1314681.04   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES, INC.                                                   | UBER TECHNOLOGIES INC                         | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     11927 | NS      | $1003776.32   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE, INC.                                                          | SALESFORCE INC                                | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      6190 | NS      | $1642640.30   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON TELEGRAPH AND TELEPHONE CORPORATION                                | NIPPON TELEGRAPH TELEPHONE CORPORATION        | CUSIP: N/A<br>LEI: 353800VHQU5VIXVUA841       | Long             | EC               | CORP              | JP        |   2298500 | NS      | $2559400.68   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in Muenchen | MUENCHENER RUECKVERSICHERUNGS GESELLSCHAFT AG | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |      1941 | NS      | $1257360.26   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| ACCENTURE PUBLIC LIMITED COMPANY                                          | ACCENTURE PLC                                 | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      2519 | NS      | $798069.58    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Heavy Industries, Ltd.                                         | MITSUBISHI HEAVY INDUSTRIES LT                | CUSIP: N/A<br>LEI: 353800TJ98PCAZROVE69       | Long             | EC               | CORP              | JP        |     58800 | NS      | $1354092.57   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC.                                            | HILTON WORLDWIDE HOLDINGS INC                 | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      5142 | NS      | $1277478.48   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS, INC.                                                            | PROLOGIS INC                                  | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     14017 | NS      | $1522246.20   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| OSAKA GAS CO., LTD.                                                       | OSAKA GAS CO LTD                              | CUSIP: N/A<br>LEI: 353800024KMNOPQRWZ02       | Long             | EC               | CORP              | JP        |     41400 | NS      | $1054170.04   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP, INC.                                                       | EXPEDIA GROUP INC                             | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3639 | NS      | $606803.25    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DYNATRACE, INC.                                                           | DYNATRACE INC                                 | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     15325 | NS      | $827703.25    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc.                                                        | SUNCOR ENERGY INC                             | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |     45771 | NS      | $1627435.57   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| LA BANQUE TORONTO-DOMINION                                                | TORONTO DOMINION BANK                         | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |     78884 | NS      | $5448066.38   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M COMPANY                                                                | 3M CO                                         | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      3392 | NS      | $503203.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadien Pacifique Kansas City Limitee                                    | CANADIAN PACIFIC KANSAS CITY LTD              | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     55676 | NS      | $4547968.84   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BANQUE DE MONTREAL                                                        | BANK OF MONTREAL                              | CUSIP: 063671101<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | EC               | RF                | CA        |     37765 | NS      | $4055843.21   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi, Ltd.                                                             | HITACHI LTD                                   | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |     83500 | NS      | $2326578.16   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| SERVICENOW, INC.                                                          | SERVICENOW INC                                | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      1447 | NS      | $1463047.23   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN & BROWN, INC.                                                       | BROWN BROWN INC                               | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |      8591 | NS      | $969923.90    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXT PLC                                                                  | NEXT PLC                                      | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |      3535 | NS      | $613371.03    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| SEGRO PUBLIC LIMITED COMPANY                                              | SEGRO PLC                                     | CUSIP: N/A<br>LEI: 213800XC35KGM9NFC641       | Long             | EC               | CORP              | GB        |     53769 | NS      | $505558.25    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                                                   | GSK PLC                                       | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |     55345 | NS      | $1124059.70   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| COPART, INC.                                                              | COPART INC                                    | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     14093 | NS      | $725507.64    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HONEYWELL INTERNATIONAL INCORPORATION                                     | HONEYWELL INTERNATIONAL INC                   | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      5249 | NS      | $1189790.83   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson Public Limited Company                               | WILLIS TOWERS WATSON PLC                      | CUSIP: G96629103<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |      1783 | NS      | $564408.65    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HONDA MOTOR CO., LTD.                                                     | HONDA MOTOR CO LTD                            | CUSIP: N/A<br>LEI: 549300P7ZYCQJ36CCS16       | Long             | EC               | CORP              | JP        |    118200 | NS      | $1200847.20   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                                             | BROADCOM INC                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     15006 | NS      | $3632502.42   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc.                                                             | ENBRIDGE INC                                  | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     93318 | NS      | $4343550.98   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Insurance Group AG                                                 | ZURICH INSURANCE GROUP AG                     | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |      1789 | NS      | $1255482.01   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| CORPAY, INC.                                                              | CORPAY INC                                    | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      3096 | NS      | $1006540.56   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SA                                                            | BNP PARIBAS                                   | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |     16707 | NS      | $1462920.01   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| ROSS STORES, INC.                                                         | ROSS STORES INC                               | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      5969 | NS      | $836197.21    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| WSP GLOBAL INC.                                                           | WSP GLOBAL INC                                | CUSIP: 92938W202<br>LEI: 549300IQ87LU6X6ERQ78 | Long             | EC               | CORP              | CA        |      7041 | NS      | $1442938.06   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ANSYS, INC.                                                               | ANSYS INC                                     | CUSIP: 03662Q105<br>LEI: 549300VJV8H15Z5FJ571 | Long             | EC               | CORP              | US        |      1435 | NS      | $474726.70    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL, INC.                                              | MARRIOTT INTERNATIONAL INC CLASS A            | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |      3637 | NS      | $959549.71    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CANON INC.                                                                | CANON INC                                     | CUSIP: N/A<br>LEI: 529900JH1GSC035SSP77       | Long             | EC               | CORP              | JP        |     32200 | NS      | $983780.31    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| WALMART INC.                                                              | WALMART INC                                   | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     18944 | NS      | $1870151.68   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd                                                                   | ABB LIMITED                                   | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |     18504 | NS      | $1048718.05   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                     | WELLS FARGO CO                                | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     15498 | NS      | $1158940.44   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MINI MSCI EMERGING MARKETS INDEX FUTURE JUN25                             | MINI MSCI EMERGING MARKETS INDEX FUTURE JUN25 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -754 | NC      | $189630.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Aktiengesellschaft                                                | SIEMENS AG                                    | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |     10109 | NS      | $2431139.92   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| TOURMALINE OIL CORP.                                                      | TOURMALINE OIL CORP                           | CUSIP: 89156V106<br>LEI: 894500A5J1WTJ2WIUU03 | Long             | EC               | CORP              | CA        |     20449 | NS      | $922157.21    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORPORATION                                                       | DANAHER CORP                                  | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      2493 | NS      | $473420.70    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Gold Miners ETF                                                    | VANECK GOLD MINERS ETF USA                    | CUSIP: 92189F106<br>LEI: N/A                  | Long             |  | RF                | US        |    317665 | NS      | $16089732.25  | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS, INC.                                                   | APPLIED MATERIALS INC                         | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      6963 | NS      | $1091450.25   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                                                          | AMAZON COM INC                                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     34420 | NS      | $7056444.20   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Essity Aktiebolag (publ)                                                  | ESSITY AKTIEBOLAG B                           | CUSIP: N/A<br>LEI: 549300G8E6YUVJ1DA153       | Long             | EC               | CORP              | SE        |     30579 | NS      | $895074.22    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| INTUIT INC.                                                               | INTUIT INC                                    | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      1999 | NS      | $1506186.53   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc.                                               | CONSTELLATION SOFTWARE INC CANADA             | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |      1023 | NS      | $3709519.37   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Allianz SE                                                                | ALLIANZ SE                                    | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |      5264 | NS      | $2087506.68   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| ALPHABET INC.                                                             | ALPHABET INC CLASS A                          | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     14580 | NS      | $2503969.20   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Victory Portfolios III

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer