# EDGAR Filing Document

**Accession Number:** 0001484018
**File Stem:** 0002000324-25-003702
**Filing Date:** 2025-9
**Character Count:** 113588
**Document Hash:** 69c681a49c64342f92881e74cf9db033
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-003702.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0002000324-25-003702

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Spinnaker ETF Series
- **CENTRAL INDEX KEY:** 0001484018

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22398
- **FILM NUMBER:** 251346094

**BUSINESS ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069
- **BUSINESS PHONE:** 252-972-9922

**MAIL ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Spinnaker ETF Trust
- **DATE OF NAME CHANGE:** 20100212

## Series and Classes Contracts Data

### Indexperts Quality Earnings Focused ETF (Series ID: S000088673)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000255013 | Indexperts Quality Earnings Focused ETF | QIDX            |

## Nport-Ex

---

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| XTR_FUND | XTR_FNDDSC | XTR_TKR | XTR_DESC1 | XTR_DESC2 | OCC_ID | XTR_CUSIP | XTR_GROUP | XTR_GROUP1 | XTR_GROUP2 | XTR_CATGRY | XTR_CATDSC | XTR_SECTOR | XTR_SECTR1 | XTR_SECTR2 | XTR_CONTRY | XTR_CONDSC | XTR_STATE | XTR_STNAME | XTR_CURNCY | XTR_CURDSC | XTR_MATDAT | XTR_SUBUNT | XTR_SUBDSC | XTR_PRICE | XTR_PRISRC | SECTYPE | SECTYPE2 | RPT_ID | INCLUD_CAT | LEGAL1 | LEGAL2 | LEGAL3 | LEGAL4 | LEGAL5 | LEGAL6 | BAS_Q_DECS | BAS_M_DECS | LCL_P_DECS | LCL_Q_DECS | ISBASCURR | POS_INCOM | CLASS | QTYINDIC | FAS_LEVEL | PROCESS_DATE | SECTOR | FUNDCURR | BASECURR | POS_QTY | POS_ORGCST | POS_AMORT | POS_MKTVAL | RND_MKTVAL | POS_GL | RNDPOS_GL | POS_YIELD | YIELDTOCALL | POS_YTM | POS_YTM_NA | POS_PC_PRT | POS_PC_AST | POS_PC_NAS | POS_ORGFAC | FAS_TODAY_ONLY | LEI | PRICE_ID | PRICINGMETHOD |
| 449 | INDEXPERTS QUALITY EARNINGS | DXCM | DEXCOM INC COM |  |  | 252131107 |  | UNGROUPED SECURITIES |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 80.77 |  |  |  |  |  | DEXCOM INC COM |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2379.00 | 200125.69 | 200125.69 | 192151.83 | 192151.83 | -7973.86 | -7973.86 | 0.00 | False | 0.00 | N/A | 0.60 | 0.60 | 0.60 | 0.00 |  |  | DXCM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CW | Curtiss-Wright Corp |  |  | 231561101 | 1002 | Defense |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NC | NORTH CAROLINA | USD | US DOLLAR | 1/0/1900 |  |  | 490.22 |  |  |  |  |  | Curtiss-Wright Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 290.08 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 392.00 | 145634.66 | 145634.66 | 192166.24 | 192166.24 | 46531.58 | 46531.58 | 0.15 | False | 0.00 | N/A | 0.60 | 0.60 | 0.60 | 0.00 |  |  | CW<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | MO | Altria Group Inc |  |  | 02209S103 | 1006 | Agriculture |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 61.94 |  |  |  |  |  | Altria Group Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 32590.08 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 8487.00 | 505058.26 | 505058.26 | 525684.78 | 525684.78 | 20626.52 | 20626.52 | 6.20 | False | 0.00 | N/A | 1.65 | 1.65 | 1.65 | 0.00 |  |  | MO<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TPB | Turning Point Brands | Inc |  | 90041L105 | 1006 | Agriculture |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | KY | KENTUCKY | USD | US DOLLAR | 1/0/1900 |  |  | 82.94 |  |  |  |  |  | Turning Point Brands | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1254.00 | 88774.14 | 88774.14 | 104006.76 | 104006.76 | 15232.62 | 15232.62 | 0.00 | False | 0.00 | N/A | 0.33 | 0.33 | 0.33 | 0.00 |  |  | TPB<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HEI | HEICO Corp |  |  | 422806109 | 1007 | Airlines |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 1/0/1900 |  |  | 326.80 |  |  |  |  |  | HEICO Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 534.40 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2672.00 | 725605.25 | 725605.25 | 873209.60 | 873209.60 | 147604.35 | 147604.35 | 0.06 | False | 0.00 | N/A | 2.75 | 2.74 | 2.74 | 0.00 |  |  | HEI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | RL | Ralph Lauren Corp |  |  | 751212101 | 1009 | Apparel |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 298.75 |  |  |  |  |  | Ralph Lauren Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1857.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 619.00 | 155490.67 | 155490.67 | 184926.25 | 184926.25 | 29435.58 | 29435.58 | 1.00 | False | 0.00 | N/A | 0.58 | 0.58 | 0.58 | 0.00 |  |  | RL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PCAR | PACCAR Inc |  |  | 693718108 | 1012 | Auto Manufacturers |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 1/0/1900 |  |  | 98.76 |  |  |  |  |  | PACCAR Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9455.20 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2230.00 | 226165.44 | 226165.44 | 220234.80 | 220234.80 | -5930.64 | -5930.64 | 4.29 | False | 0.00 | N/A | 0.69 | 0.69 | 0.69 | 0.00 |  |  | PCAR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ALSN | Allison Transmission | Holdings Inc |  | 01973R101 | 1013 | Auto Parts |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IN | INDIANA | USD | US DOLLAR | 1/0/1900 |  |  | 90.07 |  |  |  |  |  | Allison Transmission | Holdings Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1542.00 | 158251.10 | 158251.10 | 138887.94 | 138887.94 | -19363.16 | -19363.16 | 0.00 | False | 0.00 | N/A | 0.44 | 0.44 | 0.44 | 0.00 |  |  | ALSN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ALV | AUTOLIV INC |  |  | 052800109 | 1013 | Auto Parts |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 111.55 |  |  |  |  |  | AUTOLIV INC |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4130.98 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1553.00 | 151737.43 | 151737.43 | 173237.15 | 173237.15 | 21499.72 | 21499.72 | 2.38 | False | 0.00 | N/A | 0.54 | 0.54 | 0.54 | 0.00 |  |  | ALV<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | DORM | Dorman Products Inc |  |  | 258278100 | 1013 | Auto Parts |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 1/0/1900 |  |  | 120.62 |  |  |  |  |  | Dorman Products Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1946.00 | 242970.38 | 242970.38 | 234726.52 | 234726.52 | -8243.86 | -8243.86 | 0.00 | False | 0.00 | N/A | 0.74 | 0.74 | 0.74 | 0.00 |  |  | DORM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | THRM | Gentherm Inc |  |  | 37253A103 | 1013 | Auto Parts |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 1/0/1900 |  |  | 32.04 |  |  |  |  |  | Gentherm Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3468.00 | 106341.20 | 106341.20 | 111114.72 | 111114.72 | 4773.52 | 4773.52 | 0.00 | False | 0.00 | N/A | 0.35 | 0.35 | 0.35 | 0.00 |  |  | THRM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | REGN | Regeneron Pharmaceut | icals Inc |  | 75886F107 | 1017 | Biotech |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 545.46 |  |  |  |  |  | Regeneron Pharmaceut | icals Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 385.00 | 240338.98 | 240338.98 | 210002.10 | 210002.10 | -30336.88 | -30336.88 | 0.00 | False | 0.00 | N/A | 0.66 | 0.66 | 0.66 | 0.00 |  |  | REGN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | VRTX | Vertex Pharmaceutica | ls Inc |  | 92532F100 | 1017 | Biotech |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 456.87 |  |  |  |  |  | Vertex Pharmaceutica | ls Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 471.00 | 212123.96 | 212123.96 | 215185.77 | 215185.77 | 3061.81 | 3061.81 | 0.00 | False | 0.00 | N/A | 0.68 | 0.67 | 0.68 | 0.00 |  |  | VRTX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TGLS | Tecnoglass Inc |  |  | G87264100 | 1020 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | CO | COLUMBIA |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 78.03 |  |  |  |  |  | Tecnoglass Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1128.00 | 89877.56 | 89877.56 | 88017.84 | 88017.84 | -1859.72 | -1859.72 | 0.00 | False | 0.00 | N/A | 0.28 | 0.28 | 0.28 | 0.00 |  |  | TGLS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HWKN | Hawkins Inc |  |  | 420261109 | 1021 | Specialty Chemicals |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MN | MINNESOTA | USD | US DOLLAR | 1/0/1900 |  |  | 163.28 |  |  |  |  |  | Hawkins Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 471.20 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 760.00 | 91494.36 | 91494.36 | 124092.80 | 124092.80 | 32598.44 | 32598.44 | 0.38 | False | 0.00 | N/A | 0.39 | 0.39 | 0.39 | 0.00 |  |  | HWKN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ROG | Rogers Corp |  |  | 775133101 | 1021 | Specialty Chemicals |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AZ | ARIZONA | USD | US DOLLAR | 1/0/1900 |  |  | 65.58 |  |  |  |  |  | Rogers Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1375.00 | 107127.11 | 107127.11 | 90172.50 | 90172.50 | -16954.61 | -16954.61 | 0.00 | False | 0.00 | N/A | 0.28 | 0.28 | 0.28 | 0.00 |  |  | ROG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SXT | Sensient Technologie | s Corp |  | 81725T100 | 1021 | Specialty Chemicals |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WI | WISCONSIN | USD | US DOLLAR | 1/0/1900 |  |  | 112.29 |  |  |  |  |  | Sensient Technologie | s Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1582.60 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 965.00 | 74864.55 | 74864.55 | 108359.85 | 108359.85 | 33495.30 | 33495.30 | 1.46 | False | 0.00 | N/A | 0.34 | 0.34 | 0.34 | 0.00 |  |  | SXT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CRVL | CorVel Corp |  |  | 221006109 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 88.60 |  |  |  |  |  | CorVel Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 810.00 | 89481.07 | 89481.07 | 71766.00 | 71766.00 | -17715.07 | -17715.07 | 0.00 | False | 0.00 | N/A | 0.23 | 0.22 | 0.23 | 0.00 |  |  | CRVL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | GHC | Graham Holdings | Company |  | 384637104 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 954.18 |  |  |  |  |  | Graham Holdings | Company |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1617.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 245.00 | 226677.42 | 226677.42 | 233774.10 | 233774.10 | 7096.68 | 7096.68 | 0.69 | False | 0.00 | N/A | 0.74 | 0.73 | 0.73 | 0.00 |  |  | GHC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HCKT | Hackett Group Inc/Th | e |  | 404609109 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 1/0/1900 |  |  | 23.39 |  |  |  |  |  | Hackett Group Inc/Th | e |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3704.00 | 104632.64 | 104632.64 | 86636.56 | 86636.56 | -17996.08 | -17996.08 | 0.00 | False | 0.00 | N/A | 0.27 | 0.27 | 0.27 | 0.00 |  |  | HCKT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SPGI | S&P Global Inc |  |  | 78409V104 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 551.10 |  |  |  |  |  | S&P Global Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3546.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 985.00 | 500366.02 | 500366.02 | 542833.50 | 542833.50 | 42467.48 | 42467.48 | 0.65 | False | 0.00 | N/A | 1.71 | 1.70 | 1.71 | 0.00 |  |  | SPGI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SCI | Service Corp Interna | tional/US |  | 817565104 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 76.31 |  |  |  |  |  | Service Corp Interna | tional/US |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2229.92 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1991.00 | 154870.87 | 154870.87 | 151933.21 | 151933.21 | -2937.66 | -2937.66 | 1.47 | False | 0.00 | N/A | 0.48 | 0.48 | 0.48 | 0.00 |  |  | SCI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TNET | TriNet Group Inc |  |  | 896288107 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 67.81 |  |  |  |  |  | TriNet Group Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1858.00 | 153266.87 | 153266.87 | 125990.98 | 125990.98 | -27275.89 | -27275.89 | 0.00 | False | 0.00 | N/A | 0.40 | 0.39 | 0.40 | 0.00 |  |  | TNET<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | VRSK | Verisk Analytics Inc |  |  | 92345Y106 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NJ | NEW JERSEY | USD | US DOLLAR | 1/0/1900 |  |  | 278.71 |  |  |  |  |  | Verisk Analytics Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 886.72 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 652.00 | 191691.52 | 191691.52 | 181718.92 | 181718.92 | -9972.60 | -9972.60 | 0.49 | False | 0.00 | N/A | 0.57 | 0.57 | 0.57 | 0.00 |  |  | VRSK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AAPL | Apple Inc |  |  | 037833100 | 1027 | IT Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 207.57 |  |  |  |  |  | Apple Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2402.55 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2529.00 | 498445.14 | 498445.14 | 524944.53 | 524944.53 | 26499.39 | 26499.39 | 0.46 | False | 0.00 | N/A | 1.65 | 1.64 | 1.65 | 0.00 |  |  | AAPL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CACI | CACI International I | nc |  | 127190304 | 1027 | IT Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 460.57 |  |  |  |  |  | CACI International I | nc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 318.00 | 146482.34 | 146482.34 | 146461.26 | 146461.26 | -21.08 | -21.08 | 0.00 | False | 0.00 | N/A | 0.46 | 0.46 | 0.46 | 0.00 |  |  | CACI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CTSH | Cognizant Technology | Solutions Corp |  | 192446102 | 1027 | IT Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NJ | NEW JERSEY | USD | US DOLLAR | 1/0/1900 |  |  | 71.76 |  |  |  |  |  | Cognizant Technology | Solutions Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7389.20 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 6370.00 | 515766.73 | 515766.73 | 457111.20 | 457111.20 | -58655.53 | -58655.53 | 1.62 | False | 0.00 | N/A | 1.44 | 1.43 | 1.44 | 0.00 |  |  | CTSH<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | EXLS | ExlService Holdings | Inc |  | 302081104 | 1027 | IT Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 43.43 |  |  |  |  |  | ExlService Holdings | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2037.00 | 92753.99 | 92753.99 | 88466.91 | 88466.91 | -4287.08 | -4287.08 | 0.00 | False | 0.00 | N/A | 0.28 | 0.28 | 0.28 | 0.00 |  |  | EXLS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AVNT | Avient Corp |  |  | 05368V106 | 1032 | Distribution/Wholesa | le | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 31.57 |  |  |  |  |  | Avient Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2491.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2491.00 | 98397.66 | 98397.66 | 78640.87 | 78640.87 | -19756.79 | -19756.79 | 3.17 | False | 0.00 | N/A | 0.25 | 0.25 | 0.25 | 0.00 |  | SM8L9RZYIB34LNTWO040 | AVNT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LKQ | LKQ Corp |  |  | 501889208 | 1032 | Distribution/Wholesa | le | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 29.47 |  |  |  |  |  | LKQ Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4302.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3824.00 | 150818.24 | 150818.24 | 112693.28 | 112693.28 | -38124.96 | -38124.96 | 3.82 | False | 0.00 | N/A | 0.35 | 0.35 | 0.35 | 0.00 |  |  | LKQ<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AAMI | ACADIAN ASSET | MANAGEMENT INC |  | 10948W103 | 1033 | Diversified Finan Se | rv | COMMSTCK | COMMON STOCK |  |  |  | UKS | UNITED KINGDOM |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 41.79 |  |  |  |  |  | BrightSphere Investm | ent Group PLC |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 124.76 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3119.00 | 83742.37 | 83742.37 | 130343.01 | 130343.01 | 46600.64 | 46600.64 | 0.10 | False | 0.00 | N/A | 0.41 | 0.41 | 0.41 | 0.00 |  |  | AAMI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AXP | American Express Co |  |  | 025816109 | 1033 | Diversified Finan Se | rv | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 299.31 |  |  |  |  |  | American Express Co |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1637.92 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 706.00 | 203367.74 | 203367.74 | 211312.86 | 211312.86 | 7945.12 | 7945.12 | 0.78 | False | 0.00 | N/A | 0.66 | 0.66 | 0.66 | 0.00 |  |  | AXP<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HLI | Houlihan Lokey Inc |  |  | 441593100 | 1033 | Diversified Finan Se | rv | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 190.66 |  |  |  |  |  | Houlihan Lokey Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1879.16 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 862.00 | 148702.95 | 148702.95 | 164348.92 | 164348.92 | 15645.97 | 15645.97 | 1.14 | False | 0.00 | N/A | 0.52 | 0.51 | 0.52 | 0.00 |  |  | HLI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | MA | Mastercard Inc |  |  | 57636Q104 | 1033 | Diversified Finan Se | rv | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 566.47 |  |  |  |  |  | Mastercard Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 813.96 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 357.00 | 196350.38 | 196350.38 | 202229.79 | 202229.79 | 5879.41 | 5879.41 | 0.40 | False | 0.00 | N/A | 0.64 | 0.63 | 0.64 | 0.00 |  |  | MA<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NRG | NRG Energy Inc |  |  | 629377508 | 1034 | Electric |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NJ | NEW JERSEY | USD | US DOLLAR | 1/0/1900 |  |  | 167.20 |  |  |  |  |  | NRG Energy Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6338.98 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 4198.00 | 656108.48 | 656108.48 | 701905.60 | 701905.60 | 45797.12 | 45797.12 | 0.90 | False | 0.00 | N/A | 2.21 | 2.20 | 2.21 | 0.00 |  |  | NRG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | OTTR | Otter Tail Corp |  |  | 689648103 | 1034 | Electric |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MN | MINNESOTA | USD | US DOLLAR | 1/0/1900 |  |  | 77.18 |  |  |  |  |  | Otter Tail Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2119.25 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1211.00 | 94706.51 | 94706.51 | 93464.98 | 93464.98 | -1241.53 | -1241.53 | 2.27 | False | 0.00 | N/A | 0.29 | 0.29 | 0.29 | 0.00 |  |  | OTTR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AYI | Acuity Brands Inc |  |  | 00508Y102 | 1035 | Electrical Compo&Equ | ip | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | GA | GEORGIA | USD | US DOLLAR | 1/0/1900 |  |  | 311.35 |  |  |  |  |  | Acuity Brands Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 306.80 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 590.00 | 173612.15 | 173612.15 | 183696.50 | 183696.50 | 10084.35 | 10084.35 | 0.17 | False | 0.00 | N/A | 0.58 | 0.58 | 0.58 | 0.00 |  |  | AYI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | IIIN | Insteel Industries I | nc |  | 45774W108 | 1035 | Electrical Compo&Equ | ip | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NC | NORTH CAROLINA | USD | US DOLLAR | 1/0/1900 |  |  | 36.10 |  |  |  |  |  | Insteel Industries I | nc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6699.34 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2557.00 | 75324.20 | 75324.20 | 92307.70 | 92307.70 | 16983.50 | 16983.50 | 7.26 | False | 0.00 | N/A | 0.29 | 0.29 | 0.29 | 0.00 |  |  | IIIN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | APH | Amphenol Corp |  |  | 032095101 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 1/0/1900 |  |  | 106.51 |  |  |  |  |  | Amphenol Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2153.05 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2533.00 | 218953.44 | 218953.44 | 269789.83 | 269789.83 | 50836.39 | 50836.39 | 0.80 | False | 0.00 | N/A | 0.85 | 0.85 | 0.85 | 0.00 |  |  | APH<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ATKR | Atkore International | Group Inc |  | 047649108 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 77.02 |  |  |  |  |  | Atkore International | Group Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1338.00 | 92288.68 | 92288.68 | 103052.76 | 103052.76 | 10764.08 | 10764.08 | 0.00 | False | 0.00 | N/A | 0.32 | 0.32 | 0.32 | 0.00 |  |  | ATKR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NSSC | Napco Security Techn | ologies Inc |  | 630402105 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 30.53 |  |  |  |  |  | Napco Security Techn | ologies Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3471.00 | 98871.19 | 98871.19 | 105969.63 | 105969.63 | 7098.44 | 7098.44 | 0.00 | False | 0.00 | N/A | 0.33 | 0.33 | 0.33 | 0.00 |  |  | NSSC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PLXS | Plexus Corp |  |  | 729132100 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WI | WISCONSIN | USD | US DOLLAR | 1/0/1900 |  |  | 127.50 |  |  |  |  |  | Plexus Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 729.00 | 94564.48 | 94564.48 | 92947.50 | 92947.50 | -1616.98 | -1616.98 | 0.00 | False | 0.00 | N/A | 0.29 | 0.29 | 0.29 | 0.00 |  |  | PLXS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | REZI | Resideo Technologies | Inc |  | 76118Y104 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MN | MINNESOTA | USD | US DOLLAR | 1/0/1900 |  |  | 27.30 |  |  |  |  |  | Resideo Technologies | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 4710.00 | 99562.64 | 99562.64 | 128583.00 | 128583.00 | 29020.36 | 29020.36 | 0.00 | False | 0.00 | N/A | 0.40 | 0.40 | 0.40 | 0.00 |  |  | REZI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TRNS | Transcat Inc |  |  | 893529107 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 76.43 |  |  |  |  |  | Transcat Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1180.00 | 104307.41 | 104307.41 | 90187.40 | 90187.40 | -14120.01 | -14120.01 | 0.00 | False | 0.00 | N/A | 0.28 | 0.28 | 0.28 | 0.00 |  |  | TRNS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | WTS | Watts Water Technolo | gies Inc |  | 942749102 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 262.32 |  |  |  |  |  | Watts Water Technolo | gies Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 528.54 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 383.00 | 82566.67 | 82566.67 | 100468.56 | 100468.56 | 17901.89 | 17901.89 | 0.53 | False | 0.00 | N/A | 0.32 | 0.31 | 0.32 | 0.00 |  |  | WTS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ACM | AECOM |  |  | 00766T100 | 1038 | Engineering&Construc | tion | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 112.74 |  |  |  |  |  | AECOM |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 4792.00 | 516430.71 | 516430.71 | 540250.08 | 540250.08 | 23819.37 | 23819.37 | 0.00 | False | 0.00 | N/A | 1.70 | 1.69 | 1.70 | 0.00 |  |  | ACM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AGX | Argan Inc |  |  | 04010E109 | 1038 | Engineering&Construc | tion | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MD | MARYLAND | USD | US DOLLAR | 1/0/1900 |  |  | 244.98 |  |  |  |  |  | Argan Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 565.95 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 539.00 | 109415.82 | 109415.82 | 132044.22 | 132044.22 | 22628.40 | 22628.40 | 0.43 | False | 0.00 | N/A | 0.42 | 0.41 | 0.41 | 0.00 |  |  | AGX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FIX | Comfort Systems USA | Inc |  | 199908104 | 1038 | Engineering&Construc | tion | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 703.30 |  |  |  |  |  | Comfort Systems USA | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 172.55 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 203.00 | 90856.90 | 90856.90 | 142769.90 | 142769.90 | 51913.00 | 51913.00 | 0.12 | False | 0.00 | N/A | 0.45 | 0.45 | 0.45 | 0.00 |  |  | FIX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | BYD | BOYD GAMING CORP |  |  | 103304101 | 1039 | Entertainment |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NV | NEVADA | USD | US DOLLAR | 1/0/1900 |  |  | 84.90 |  |  |  |  |  | BOYD GAMING CORP |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2143.00 | 159973.88 | 159973.88 | 181940.70 | 181940.70 | 21966.82 | 21966.82 | 0.00 | False | 0.00 | N/A | 0.57 | 0.57 | 0.57 | 0.00 |  |  | BYD<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FOXA | FOX CORP-CLASS A |  |  | 35137L105 | 1039 | Entertainment |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 55.76 |  |  |  |  |  | FOX CORP-CLASS A |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1548.36 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3036.00 | 166546.50 | 166546.50 | 169287.36 | 169287.36 | 2740.86 | 2740.86 | 0.91 | False | 0.00 | N/A | 0.53 | 0.53 | 0.53 | 0.00 |  |  | FOXA<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | RCL | Royal Caribbean Crui | ses Ltd |  | V7780T103 | 1039 | Entertainment |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 1/0/1900 |  |  | 317.87 |  |  |  |  |  | Royal Caribbean Crui | ses Ltd |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 865.00 | 211443.04 | 211443.04 | 274957.55 | 274957.55 | 63514.51 | 63514.51 | 0.00 | False | 0.00 | N/A | 0.86 | 0.86 | 0.86 | 0.00 |  |  | RCL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HRL | Hormel Foods Corp |  |  | 440452100 | 1047 | Food & Drug Stores |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MN | MINNESOTA | USD | US DOLLAR | 1/0/1900 |  |  | 28.09 |  |  |  |  |  | Hormel Foods Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 18995.90 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 17269.00 | 513662.79 | 513662.79 | 485086.21 | 485086.21 | -28576.58 | -28576.58 | 3.92 | False | 0.00 | N/A | 1.53 | 1.52 | 1.52 | 0.00 |  |  | HRL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | IMKTA | Ingles Markets Inc |  |  | 457030104 | 1047 | Food & Drug Stores |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NC | NORTH CAROLINA | USD | US DOLLAR | 1/0/1900 |  |  | 62.93 |  |  |  |  |  | Ingles Markets Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 978.12 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1482.00 | 93791.38 | 93791.38 | 93262.26 | 93262.26 | -529.12 | -529.12 | 1.05 | False | 0.00 | N/A | 0.29 | 0.29 | 0.29 | 0.00 |  |  | IMKTA<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | KR | Kroger Co/The |  |  | 501044101 | 1047 | Food & Drug Stores |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 70.10 |  |  |  |  |  | Kroger Co/The |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7714.30 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 7013.00 | 458174.32 | 458174.32 | 491611.30 | 491611.30 | 33436.98 | 33436.98 | 1.57 | False | 0.00 | N/A | 1.55 | 1.54 | 1.55 | 0.00 |  |  | KR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | WMK | Weis Markets Inc |  |  | 948849104 | 1047 | Food & Drug Stores |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 1/0/1900 |  |  | 72.41 |  |  |  |  |  | Weis Markets Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1117.00 | 82789.36 | 82789.36 | 80881.97 | 80881.97 | -1907.39 | -1907.39 | 0.00 | False | 0.00 | N/A | 0.25 | 0.25 | 0.25 | 0.00 |  | 529900A0WHA0NVXY0G45 | WMK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CPK | Chesapeake Utilities | Corp |  | 165303108 | 1052 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | DE | DELAWARE | USD | US DOLLAR | 1/0/1900 |  |  | 119.88 |  |  |  |  |  | Chesapeake Utilities | Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1643.47 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 713.00 | 86849.06 | 86849.06 | 85474.44 | 85474.44 | -1374.62 | -1374.62 | 1.92 | False | 0.00 | N/A | 0.27 | 0.27 | 0.27 | 0.00 |  |  | CPK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NFG | National Fuel Gas Co |  |  | 636180101 | 1052 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NJ | NEW JERSEY | USD | US DOLLAR | 1/0/1900 |  |  | 86.79 |  |  |  |  |  | National Fuel Gas Co |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3673.04 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1874.00 | 140520.53 | 140520.53 | 162644.46 | 162644.46 | 22123.93 | 22123.93 | 2.26 | False | 0.00 | N/A | 0.51 | 0.51 | 0.51 | 0.00 |  |  | NFG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ABT | Abbott Laboratories |  |  | 002824100 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 126.19 |  |  |  |  |  | Abbott Laboratories |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7690.80 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3770.00 | 476562.04 | 476562.04 | 475736.30 | 475736.30 | -825.74 | -825.74 | 1.62 | False | 0.00 | N/A | 1.50 | 1.49 | 1.50 | 0.00 |  |  | ABT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LMAT | LeMaitre Vascular In | c |  | 525558201 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 81.24 |  |  |  |  |  | LeMaitre Vascular In | c |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 627.76 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1121.00 | 100940.34 | 100940.34 | 91070.04 | 91070.04 | -9870.30 | -9870.30 | 0.69 | False | 0.00 | N/A | 0.29 | 0.29 | 0.29 | 0.00 |  | 549300FZUBUB7MHY8R17 | LMAT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | OMI | OWENS & MINOR | INC |  | 690732102 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 6.93 |  |  |  |  |  | OWENS & MINOR | INC |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 32.77 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 13106.00 | 100735.08 | 100735.08 | 90824.58 | 90824.58 | -9910.50 | -9910.50 | 0.04 | False | 0.00 | N/A | 0.29 | 0.28 | 0.29 | 0.00 |  |  | OMI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | RMD | ResMed Inc |  |  | 761152107 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 271.94 |  |  |  |  |  | ResMed Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3781.20 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2055.00 | 502970.36 | 502970.36 | 558836.70 | 558836.70 | 55866.34 | 55866.34 | 0.68 | False | 0.00 | N/A | 1.76 | 1.75 | 1.76 | 0.00 |  |  | RMD<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SYK | Stryker Corp |  |  | 863667101 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 1/0/1900 |  |  | 392.73 |  |  |  |  |  | Stryker Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4004.65 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1313.00 | 497160.55 | 497160.55 | 515654.49 | 515654.49 | 18493.94 | 18493.94 | 0.78 | False | 0.00 | N/A | 1.62 | 1.62 | 1.62 | 0.00 |  |  | SYK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TMO | Thermo Fisher Scient | ific Inc |  | 883556102 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 467.68 |  |  |  |  |  | Thermo Fisher Scient | ific Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2444.40 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1746.00 | 820684.80 | 820684.80 | 816569.28 | 816569.28 | -4115.52 | -4115.52 | 0.30 | False | 0.00 | N/A | 2.57 | 2.56 | 2.57 | 0.00 |  |  | TMO<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CNC | Centene Corp |  |  | 15135B101 | 1055 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MO | MISSOURI | USD | US DOLLAR | 1/0/1900 |  |  | 26.07 |  |  |  |  |  | Centene Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3218.00 | 189514.53 | 189514.53 | 83893.26 | 83893.26 | -105621.27 | -105621.27 | 0.00 | False | 0.00 | N/A | 0.26 | 0.26 | 0.26 | 0.00 |  |  | CNC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CI | Cigna Corp |  |  | 125523100 | 1055 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 1/0/1900 |  |  | 267.38 |  |  |  |  |  | Cigna Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2991.36 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 608.00 | 181553.87 | 181553.87 | 162567.04 | 162567.04 | -18986.83 | -18986.83 | 1.84 | False | 0.00 | N/A | 0.51 | 0.51 | 0.51 | 0.00 |  |  | CI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SEM | Select Medical Holdi | ngs Corp |  | 81619Q105 | 1055 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 1/0/1900 |  |  | 14.79 |  |  |  |  |  | Select Medical Holdi | ngs Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3122.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 6244.00 | 102852.77 | 102852.77 | 92348.76 | 92348.76 | -10504.01 | -10504.01 | 3.38 | False | 0.00 | N/A | 0.29 | 0.29 | 0.29 | 0.00 |  |  | SEM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ETD | Ethan Allen Interior | s Inc |  | 297602104 | 1059 | Home Furnishings |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 1/0/1900 |  |  | 29.77 |  |  |  |  |  | Ethan Allen Interior | s Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6659.50 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3505.00 | 97907.17 | 97907.17 | 104343.85 | 104343.85 | 6436.68 | 6436.68 | 6.38 | False | 0.00 | N/A | 0.33 | 0.33 | 0.33 | 0.00 |  |  | ETD<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AFG | American Financial | Group Inc/OH |  | 025932104 | 1062 | Insurance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 124.90 |  |  |  |  |  | American Financial | Group Inc/OH |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10108.80 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1248.00 | 159041.36 | 159041.36 | 155875.20 | 155875.20 | -3166.16 | -3166.16 | 6.49 | False | 0.00 | N/A | 0.49 | 0.49 | 0.49 | 0.00 |  |  | AFG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | BRK/B | Berkshire Hathaway I | nc |  | 084670702 | 1062 | Insurance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NE | NEBRASKA | USD | US DOLLAR | 1/0/1900 |  |  | 471.88 |  |  |  |  |  | Berkshire Hathaway I | nc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 974.00 | 466311.74 | 466311.74 | 459611.12 | 459611.12 | -6700.62 | -6700.62 | 0.00 | False | 0.00 | N/A | 1.45 | 1.44 | 1.44 | 0.00 |  |  | BRK/B<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | THG | Hanover Insurance Gr | oup Inc/The |  | 410867105 | 1062 | Insurance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 171.63 |  |  |  |  |  | Hanover Insurance Gr | oup Inc/The |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3001.20 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 915.00 | 147074.78 | 147074.78 | 157041.45 | 157041.45 | 9966.67 | 9966.67 | 1.91 | False | 0.00 | N/A | 0.49 | 0.49 | 0.49 | 0.00 |  |  | THG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PGR | Progressive Corp/The |  |  | 743315103 | 1062 | Insurance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 242.04 |  |  |  |  |  | Progressive Corp/The |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 286.40 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 716.00 | 190498.62 | 190498.62 | 173300.64 | 173300.64 | -17197.98 | -17197.98 | 0.17 | False | 0.00 | N/A | 0.55 | 0.54 | 0.54 | 0.00 |  |  | PGR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TRV | Travelers Cos Inc/Th | e |  | 89417E109 | 1062 | Insurance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 260.24 |  |  |  |  |  | Travelers Cos Inc/Th | e |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2959.29 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 753.00 | 187516.95 | 187516.95 | 195960.72 | 195960.72 | 8443.77 | 8443.77 | 1.51 | False | 0.00 | N/A | 0.62 | 0.61 | 0.62 | 0.00 |  |  | TRV<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | GOOGL | Alphabet Inc |  |  | 02079K305 | 1063 | Internet |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 191.90 |  |  |  |  |  | Alphabet Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3274.00 | 593370.42 | 593370.42 | 628280.60 | 628280.60 | 34910.18 | 34910.18 | 0.00 | False | 0.00 | N/A | 1.98 | 1.97 | 1.97 | 0.00 |  |  | GOOGL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FFIV | F5 Networks Inc |  |  | 315616102 | 1063 | Internet |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 1/0/1900 |  |  | 313.42 |  |  |  |  |  | F5 Networks Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1863.00 | 527737.93 | 527737.93 | 583901.46 | 583901.46 | 56163.53 | 56163.53 | 0.00 | False | 0.00 | N/A | 1.84 | 1.83 | 1.84 | 0.00 |  |  | FFIV<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NFLX | Netflix Inc |  |  | 64110L106 | 1063 | Internet |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 1159.40 |  |  |  |  |  | Netflix Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 172.00 | 180136.01 | 180136.01 | 199416.80 | 199416.80 | 19280.79 | 19280.79 | 0.00 | False | 0.00 | N/A | 0.63 | 0.62 | 0.63 | 0.00 |  |  | NFLX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PANW | Palo Alto Networks I | nc |  | 697435105 | 1063 | Internet |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 173.60 |  |  |  |  |  | Palo Alto Networks I | nc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1074.00 | 200651.67 | 200651.67 | 186446.40 | 186446.40 | -14205.27 | -14205.27 | 0.00 | False | 0.00 | N/A | 0.59 | 0.58 | 0.59 | 0.00 |  |  | PANW<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SSTK | Shutterstock Inc |  |  | 825690100 | 1063 | Internet |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 19.16 |  |  |  |  |  | Shutterstock Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5322.24 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 4928.00 | 104899.13 | 104899.13 | 94420.48 | 94420.48 | -10478.65 | -10478.65 | 5.64 | False | 0.00 | N/A | 0.30 | 0.30 | 0.30 | 0.00 |  |  | SSTK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ARCC | Ares Capital Corp |  |  | 04010L103 | 1064 | Investment Companies |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 22.63 |  |  |  |  |  | Ares Capital Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 13854.72 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 7216.00 | 160968.32 | 160968.32 | 163298.08 | 163298.08 | 2329.76 | 2329.76 | 8.48 | False | 0.00 | N/A | 0.51 | 0.51 | 0.51 | 0.00 |  |  | ARCC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HLT | Hilton Worldwide Hol | dings Inc |  | 43300A203 | 1067 | Lodging |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 268.08 |  |  |  |  |  | Hilton Worldwide Hol | dings Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 501.60 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 836.00 | 207368.93 | 207368.93 | 224114.88 | 224114.88 | 16745.95 | 16745.95 | 0.22 | False | 0.00 | N/A | 0.70 | 0.70 | 0.70 | 0.00 |  |  | HLT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AIN | Albany International | Corp |  | 012348108 | 1071 | Machinery-Diversifie |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NH | NEW HAMPSHIRE | USD | US DOLLAR | 1/0/1900 |  |  | 54.19 |  |  |  |  |  | Albany International | Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1417.03 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1403.00 | 103923.55 | 103923.55 | 76028.57 | 76028.57 | -27894.98 | -27894.98 | 1.86 | False | 0.00 | N/A | 0.24 | 0.24 | 0.24 | 0.00 |  |  | AIN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AIT | Applied Industrial T | echnologies Inc |  | 03820C105 | 1071 | Machinery-Diversifie |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 271.50 |  |  |  |  |  | Applied Industrial T | echnologies Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 583.80 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 417.00 | 101119.26 | 101119.26 | 113215.50 | 113215.50 | 12096.24 | 12096.24 | 0.52 | False | 0.00 | N/A | 0.36 | 0.35 | 0.36 | 0.00 |  |  | AIT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ICHR | Ichor Holdings Ltd |  |  | G4740B105 | 1071 | Machinery-Diversifie |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 19.79 |  |  |  |  |  | Ichor Holdings Ltd |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 5384.00 | 116519.74 | 116519.74 | 106549.36 | 106549.36 | -9970.38 | -9970.38 | 0.00 | False | 0.00 | N/A | 0.34 | 0.33 | 0.33 | 0.00 |  |  | ICHR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | KAI | Kadant Inc |  |  | 48282T104 | 1071 | Machinery-Diversifie |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 332.77 |  |  |  |  |  | Kadant Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 345.78 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 306.00 | 105161.57 | 105161.57 | 101827.62 | 101827.62 | -3333.95 | -3333.95 | 0.34 | False | 0.00 | N/A | 0.32 | 0.32 | 0.32 | 0.00 |  |  | KAI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CHTR | Charter Communicatio | ns Inc |  | 16119P108 | 1073 | MEDIA |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 1/0/1900 |  |  | 269.36 |  |  |  |  |  | Charter Communicatio | ns Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1251.00 | 506837.29 | 506837.29 | 336969.36 | 336969.36 | -169867.93 | -169867.93 | 0.00 | False | 0.00 | N/A | 1.06 | 1.06 | 1.06 | 0.00 |  |  | CHTR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TGNA | TEGNA Inc |  |  | 87901J105 | 1073 | MEDIA |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 16.70 |  |  |  |  |  | TEGNA Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2238.81 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 5356.00 | 92651.42 | 92651.42 | 89445.20 | 89445.20 | -3206.22 | -3206.22 | 2.50 | False | 0.00 | N/A | 0.28 | 0.28 | 0.28 | 0.00 |  |  | TGNA<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AZZ | AZZ Inc |  |  | 002474104 | 1074 | Metal Fabricate/Hard |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 109.50 |  |  |  |  |  | AZZ Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 694.28 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1021.00 | 89496.87 | 89496.87 | 111799.50 | 111799.50 | 22302.63 | 22302.63 | 0.62 | False | 0.00 | N/A | 0.35 | 0.35 | 0.35 | 0.00 |  |  | AZZ<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TKR | Timken Co/The |  |  | 887389104 | 1074 | Metal Fabricate/Hard |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 76.09 |  |  |  |  |  | Timken Co/The |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2876.90 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2213.00 | 164425.30 | 164425.30 | 168387.17 | 168387.17 | 3961.87 | 3961.87 | 1.71 | False | 0.00 | N/A | 0.53 | 0.53 | 0.53 | 0.00 |  |  | TKR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | MUSA | Murphy USA Inc |  |  | 626755102 | 1083 | Exploration and Prod | uction | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AR | ARKANSAS | USD | US DOLLAR | 1/0/1900 |  |  | 362.48 |  |  |  |  |  | Murphy USA Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 528.55 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 341.00 | 160539.88 | 160539.88 | 123605.68 | 123605.68 | -36934.20 | -36934.20 | 0.43 | False | 0.00 | N/A | 0.39 | 0.39 | 0.39 | 0.00 |  |  | MUSA<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PKG | Packaging Corp of Am | erica |  | 695156109 | 1087 | Packaging&Containers |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 193.75 |  |  |  |  |  | Packaging Corp of Am | erica |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4145.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 829.00 | 174384.31 | 174384.31 | 160618.75 | 160618.75 | -13765.56 | -13765.56 | 2.58 | False | 0.00 | N/A | 0.51 | 0.50 | 0.50 | 0.00 |  |  | PKG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CPRX | Catalyst Pharmaceuti | cals Inc |  | 14888U101 | 1088 | Private Equity |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 1/0/1900 |  |  | 21.33 |  |  |  |  |  | Catalyst Pharmaceuti | cals Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 10445.00 | 253061.17 | 253061.17 | 222791.85 | 222791.85 | -30269.32 | -30269.32 | 0.00 | False | 0.00 | N/A | 0.70 | 0.70 | 0.70 | 0.00 |  | 5299004O0R5XXLA5H544 | CPRX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | COR | CENCORA, INC |  |  | 03073E105 | 1088 | Private Equity |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 1/0/1900 |  |  | 286.08 |  |  |  |  |  | AmerisourceBergen Co | rp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3399.13 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1775.00 | 458882.73 | 458882.73 | 507792.00 | 507792.00 | 48909.27 | 48909.27 | 0.67 | False | 0.00 | N/A | 1.60 | 1.59 | 1.60 | 0.00 |  |  | COR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NGVC | Natural Grocers by V | itamin Cottage Inc |  | 63888U108 | 1088 | Private Equity |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CO | COLORADO | USD | US DOLLAR | 1/0/1900 |  |  | 37.89 |  |  |  |  |  | Natural Grocers by V | itamin Cottage Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1571.00 | 76612.66 | 76612.66 | 59525.19 | 59525.19 | -17087.47 | -17087.47 | 0.00 | False | 0.00 | N/A | 0.19 | 0.19 | 0.19 | 0.00 |  |  | NGVC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | WMB | Williams Cos Inc/The |  |  | 969457100 | 1089 | Pipelines |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OK | OKLAHOMA | USD | US DOLLAR | 1/0/1900 |  |  | 59.95 |  |  |  |  |  | Williams Cos Inc/The |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15610.59 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 8721.00 | 497646.27 | 497646.27 | 522823.95 | 522823.95 | 25177.68 | 25177.68 | 2.99 | False | 0.00 | N/A | 1.64 | 1.64 | 1.64 | 0.00 |  |  | WMB<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | JLL | Jones Lang LaSalle I | nc |  | 48020Q107 | 1091 | Real Estate |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 270.36 |  |  |  |  |  | Jones Lang LaSalle I | nc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 658.00 | 163885.58 | 163885.58 | 177896.88 | 177896.88 | 14011.30 | 14011.30 | 0.00 | False | 0.00 | N/A | 0.56 | 0.56 | 0.56 | 0.00 |  |  | JLL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AZO | AutoZone Inc |  |  | 053332102 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TN | TENNESSEE | USD | US DOLLAR | 1/0/1900 |  |  | 3768.38 |  |  |  |  |  | AutoZone Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 133.00 | 452353.92 | 452353.92 | 501194.54 | 501194.54 | 48840.62 | 48840.62 | 0.00 | False | 0.00 | N/A | 1.58 | 1.57 | 1.58 | 0.00 |  |  | AZO<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | BJ | BJ'S WHOLESALE CLUB | HOLDINGS |  | 05550J101 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | DE | DELAWARE | USD | US DOLLAR | 1/0/1900 |  |  | 105.90 |  |  |  |  |  | BJ'S WHOLESALE CLUB | HOLDINGS |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1340.00 | 145829.15 | 145829.15 | 141906.00 | 141906.00 | -3923.15 | -3923.15 | 0.00 | False | 0.00 | N/A | 0.45 | 0.44 | 0.45 | 0.00 |  |  | BJ<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | COST | Costco Wholesale Cor | p |  | 22160K105 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 1/0/1900 |  |  | 939.64 |  |  |  |  |  | Costco Wholesale Cor | p |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9366.24 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 494.00 | 480843.98 | 480843.98 | 464182.16 | 464182.16 | -16661.82 | -16661.82 | 2.02 | False | 0.00 | N/A | 1.46 | 1.45 | 1.46 | 0.00 |  |  | COST<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LZB | La-Z-Boy Inc |  |  | 505336107 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 1/0/1900 |  |  | 35.97 |  |  |  |  |  | La-Z-Boy Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1625.59 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2182.00 | 90933.84 | 90933.84 | 78486.54 | 78486.54 | -12447.30 | -12447.30 | 2.07 | False | 0.00 | N/A | 0.25 | 0.25 | 0.25 | 0.00 |  |  | LZB<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LOW | Lowe's Cos Inc |  |  | 548661107 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NC | NORTH CAROLINA | USD | US DOLLAR | 1/0/1900 |  |  | 223.57 |  |  |  |  |  | Lowe's Cos Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3921.60 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 912.00 | 220193.27 | 220193.27 | 203895.84 | 203895.84 | -16297.43 | -16297.43 | 1.92 | False | 0.00 | N/A | 0.64 | 0.64 | 0.64 | 0.00 |  |  | LOW<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LULU | Lululemon Athletica | Inc |  | 550021109 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | CAD | CANADA |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 200.53 |  |  |  |  |  | Lululemon Athletica | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 729.00 | 244077.20 | 244077.20 | 146186.37 | 146186.37 | -97890.83 | -97890.83 | 0.00 | False | 0.00 | N/A | 0.46 | 0.46 | 0.46 | 0.00 |  |  | LULU<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | EYE | National Vision Hold | ings Inc |  | 63845R107 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | GA | GEORGIA | USD | US DOLLAR | 1/0/1900 |  |  | 24.26 |  |  |  |  |  | National Vision Hold | ings Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 5397.00 | 79903.06 | 79903.06 | 130931.22 | 130931.22 | 51028.16 | 51028.16 | 0.00 | False | 0.00 | N/A | 0.41 | 0.41 | 0.41 | 0.00 |  |  | EYE<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ORLY | O'Reilly Automotive | Inc |  | 67103H107 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MO | MISSOURI | USD | US DOLLAR | 1/0/1900 |  |  | 98.32 |  |  |  |  |  | O'Reilly Automotive | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2218.00 | 188743.53 | 188743.53 | 218073.76 | 218073.76 | 29330.23 | 29330.23 | 0.00 | False | 0.00 | N/A | 0.69 | 0.68 | 0.69 | 0.00 |  |  | ORLY<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PSMT | PriceSmart Inc |  |  | 741511109 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 107.50 |  |  |  |  |  | PriceSmart Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 804.08 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 874.00 | 91045.58 | 91045.58 | 93955.00 | 93955.00 | 2909.42 | 2909.42 | 0.86 | False | 0.00 | N/A | 0.30 | 0.29 | 0.30 | 0.00 |  |  | PSMT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TJX | TJX Cos Inc/The |  |  | 872540109 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 124.53 |  |  |  |  |  | TJX Cos Inc/The |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2067.51 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1599.00 | 199457.86 | 199457.86 | 199123.47 | 199123.47 | -334.39 | -334.39 | 1.04 | False | 0.00 | N/A | 0.63 | 0.62 | 0.63 | 0.00 |  |  | TJX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | WMT | Walmart Inc |  |  | 931142103 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AR | ARKANSAS | USD | US DOLLAR | 1/0/1900 |  |  | 97.98 |  |  |  |  |  | Walmart Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 11876.52 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 5209.00 | 486391.57 | 486391.57 | 510377.82 | 510377.82 | 23986.25 | 23986.25 | 2.33 | False | 0.00 | N/A | 1.61 | 1.60 | 1.60 | 0.00 |  |  | WMT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | KLAC | KLA-Tencor Corp |  |  | 482480100 | 1097 | Semiconductor Device |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 879.03 |  |  |  |  |  | KLA-Tencor Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1503.35 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 281.00 | 219226.72 | 219226.72 | 247007.43 | 247007.43 | 27780.71 | 27780.71 | 0.61 | False | 0.00 | N/A | 0.78 | 0.77 | 0.78 | 0.00 |  |  | KLAC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CDNS | Cadence Design Syste | ms Inc |  | 127387108 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 364.57 |  |  |  |  |  | Cadence Design Syste | ms Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 667.00 | 197046.97 | 197046.97 | 243168.19 | 243168.19 | 46121.22 | 46121.22 | 0.00 | False | 0.00 | N/A | 0.76 | 0.76 | 0.76 | 0.00 |  |  | CDNS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FICO | Fair Isaac Corp |  |  | 303250104 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 1436.72 |  |  |  |  |  | Fair Isaac Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 71.00 | 128428.73 | 128428.73 | 102007.12 | 102007.12 | -26421.61 | -26421.61 | 0.00 | False | 0.00 | N/A | 0.32 | 0.32 | 0.32 | 0.00 |  |  | FICO<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FI | Fiserv Inc |  |  | 337738108 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WI | WISCONSIN | USD | US DOLLAR | 1/0/1900 |  |  | 138.94 |  |  |  |  |  | Fiserv Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2739.00 | 437689.77 | 437689.77 | 380556.66 | 380556.66 | -57133.11 | -57133.11 | 0.00 | False | 0.00 | N/A | 1.20 | 1.19 | 1.20 | 0.00 |  |  | FI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PAYX | Paychex Inc |  |  | 704326107 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 144.33 |  |  |  |  |  | Paychex Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 11549.48 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3338.00 | 493975.42 | 493975.42 | 481773.54 | 481773.54 | -12201.88 | -12201.88 | 2.40 | False | 0.00 | N/A | 1.52 | 1.51 | 1.51 | 0.00 |  |  | PAYX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NOW | ServiceNow Inc |  |  | 81762P102 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 943.12 |  |  |  |  |  | ServiceNow Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 200.00 | 196641.61 | 196641.61 | 188624.00 | 188624.00 | -8017.61 | -8017.61 | 0.00 | False | 0.00 | N/A | 0.59 | 0.59 | 0.59 | 0.00 |  |  | NOW<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SNPS | Synopsys Inc |  |  | 871607107 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 633.47 |  |  |  |  |  | Synopsys Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 416.00 | 207881.51 | 207881.51 | 263523.52 | 263523.52 | 55642.01 | 55642.01 | 0.00 | False | 0.00 | N/A | 0.83 | 0.83 | 0.83 | 0.00 |  |  | SNPS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ANET | Arista Networks Inc |  |  | 040413205 | 1104 | Telecommunications |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 123.22 |  |  |  |  |  | Arista Networks Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 7591.00 | 761917.96 | 761917.96 | 935363.02 | 935363.02 | 173445.06 | 173445.06 | 0.00 | False | 0.00 | N/A | 2.94 | 2.93 | 2.94 | 0.00 |  |  | ANET<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CSCO | Cisco Systems Inc |  |  | 17275R102 | 1104 | Telecommunications |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 68.08 |  |  |  |  |  | Cisco Systems Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 13040.15 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 8413.00 | 518083.76 | 518083.76 | 572757.04 | 572757.04 | 54673.28 | 54673.28 | 2.28 | False | 0.00 | N/A | 1.80 | 1.79 | 1.80 | 0.00 |  |  | CSCO<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TMUS | T-Mobile US Inc |  |  | 872590104 | 1104 | Telecommunications |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 1/0/1900 |  |  | 238.41 |  |  |  |  |  | T-Mobile US Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1891.50 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2910.00 | 682403.79 | 682403.79 | 693773.10 | 693773.10 | 11369.31 | 11369.31 | 0.27 | False | 0.00 | N/A | 2.18 | 2.17 | 2.18 | 0.00 |  |  | TMUS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | VZ | Verizon Communicatio | ns Inc |  | 92343V104 | 1104 | Telecommunications |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 42.76 |  |  |  |  |  | Verizon Communicatio | ns Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 30324.50 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 11561.00 | 480668.92 | 480668.92 | 494348.36 | 494348.36 | 13679.44 | 13679.44 | 6.13 | False | 0.00 | N/A | 1.55 | 1.55 | 1.55 | 0.00 |  |  | VZ<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | GNK | Genco Shipping & Tra | ding Ltd |  | Y2685T131 | 1107 | Transportation |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 15.93 |  |  |  |  |  | Genco Shipping & Tra | ding Ltd |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 6777.00 | 94146.12 | 94146.12 | 107957.61 | 107957.61 | 13811.49 | 13811.49 | 0.00 | False | 0.00 | N/A | 0.34 | 0.34 | 0.34 | 0.00 |  |  | GNK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | KNX | Knight-Swift Transpo | rtation Holdings Inc |  | 499049104 | 1107 | Transportation |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AZ | ARIZONA | USD | US DOLLAR | 1/0/1900 |  |  | 42.50 |  |  |  |  |  | Knight-Swift Transpo | rtation Holdings Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2027.20 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3620.00 | 176077.80 | 176077.80 | 153850.00 | 153850.00 | -22227.80 | -22227.80 | 1.32 | False | 0.00 | N/A | 0.48 | 0.48 | 0.48 | 0.00 |  |  | KNX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | MATX | Matson Inc |  |  | 57686G105 | 1107 | Transportation |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | HI | HAWAII | USD | US DOLLAR | 1/0/1900 |  |  | 106.78 |  |  |  |  |  | Matson Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1198.26 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 951.00 | 123503.10 | 123503.10 | 101547.78 | 101547.78 | -21955.32 | -21955.32 | 1.18 | False | 0.00 | N/A | 0.32 | 0.32 | 0.32 | 0.00 |  |  | MATX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | R | Ryder System Inc |  |  | 783549108 | 1107 | Transportation |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 1/0/1900 |  |  | 177.71 |  |  |  |  |  | Ryder System Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1694.42 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 637.00 | 98505.21 | 98505.21 | 113201.27 | 113201.27 | 14696.06 | 14696.06 | 1.50 | False | 0.00 | N/A | 0.36 | 0.35 | 0.36 | 0.00 |  |  | R<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ARCB | ARCBEST CORP |  |  | 03937C105 | 1108 | Trucking&Leasing |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AR | ARKANSAS | USD | US DOLLAR | 1/0/1900 |  |  | 73.13 |  |  |  |  |  | ARCBEST CORP |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 707.52 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1474.00 | 107563.56 | 107563.56 | 107793.62 | 107793.62 | 230.06 | 230.06 | 0.66 | False | 0.00 | N/A | 0.34 | 0.34 | 0.34 | 0.00 |  |  | ARCB<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | XOM | Exxon Mobil Corp |  |  | 30231G102 | A60A | Oil&Gas |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 111.64 |  |  |  |  |  | Exxon Mobil Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 17240.80 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 4685.00 | 503000.68 | 503000.68 | 523033.40 | 523033.40 | 20032.72 | 20032.72 | 3.30 | False | 0.00 | N/A | 1.65 | 1.64 | 1.64 | 0.00 |  |  | XOM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LIN | LINDE PUBLIC LIMITED | COMPANY |  | G54950103 | B10B | Chemicals |  | COMMSTCK | COMMON STOCK |  |  |  | IEP | IRELAND |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 460.26 |  |  |  |  |  | LINDE PUBLIC LIMITED | COMPANY |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2254.20 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 442.00 | 197592.21 | 197592.21 | 203434.92 | 203434.92 | 5842.71 | 5842.71 | 1.11 | False | 0.00 | N/A | 0.64 | 0.64 | 0.64 | 0.00 |  |  | LIN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CXT | CRANE NXT CO |  |  | 224441105 | C70C | Machine&Engineering |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 1/0/1900 |  |  | 59.34 |  |  |  |  |  | CRANE CO |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2556.97 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2873.00 | 164946.31 | 164946.31 | 170483.82 | 170483.82 | 5537.51 | 5537.51 | 1.50 | False | 0.00 | N/A | 0.54 | 0.53 | 0.54 | 0.00 |  |  | CXT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | IBM | International | Business Machines Co |  | 459200101 | D10D | Computers |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 253.15 |  |  |  |  |  | International | Business Machines Co |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5310.63 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 801.00 | 201464.06 | 201464.06 | 202773.15 | 202773.15 | 1309.09 | 1309.09 | 2.62 | False | 0.00 | N/A | 0.64 | 0.64 | 0.64 | 0.00 |  |  | IBM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ASTH | Astrana Health Inc |  |  | 03763A207 | D50D | Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 23.86 |  |  |  |  |  | Apollo Medical | Holdings, Inc. |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 3088.00 | 93721.77 | 93721.77 | 73679.68 | 73679.68 | -20042.09 | -20042.09 | 0.00 | False | 0.00 | N/A | 0.23 | 0.23 | 0.23 | 0.00 |  |  | ASTH<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | MSFT | Microsoft Corp |  |  | 594918104 | D50D | Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 1/0/1900 |  |  | 533.50 |  |  |  |  |  | Microsoft Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1283.40 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 460.00 | 195427.89 | 195427.89 | 245410.00 | 245410.00 | 49982.11 | 49982.11 | 0.52 | False | 0.00 | N/A | 0.77 | 0.77 | 0.77 | 0.00 |  |  | MSFT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CASY | CASEYS GENERAL STORE |  |  | 147528103 | E30E | Automobile ABS |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IA | IOWA | USD | US DOLLAR | 1/0/1900 |  |  | 520.13 |  |  |  |  |  | CASEYS GENERAL STORES |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 544.32 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 336.00 | 144580.27 | 144580.27 | 174763.68 | 174763.68 | 30183.41 | 30183.41 | 0.31 | False | 0.00 | N/A | 0.55 | 0.55 | 0.55 | 0.00 |  |  | CASY<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TNK | TEEKAY TANKERS LTD |  |  | G8726X106 | H110 | Trans. - Shipping |  | COMMSTCK | COMMON STOCK |  |  |  | BMD | BERMUDA |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 42.35 |  |  |  |  |  | TEEKAY TANKERS LTD |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2034.00 | 85601.07 | 85601.07 | 86139.90 | 86139.90 | 538.83 | 538.83 | 0.00 | False | 0.00 | N/A | 0.27 | 0.27 | 0.27 | 0.00 |  |  | TNK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CRAI | CRAI INTERNATIONAL |  |  | 12618T105 | H20H | Business & Public | Services | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | DE | DELAWARE | USD | US DOLLAR | 1/0/1900 |  |  | 176.66 |  |  |  |  |  | CRAI INTERNATIONAL |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 492.00 | 91550.41 | 91550.41 | 86916.72 | 86916.72 | -4633.69 | -4633.69 | 0.00 | False | 0.00 | N/A | 0.27 | 0.27 | 0.27 | 0.00 |  |  | CRAI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CSV | CARRIAGE SERVICES |  |  | 143905107 | H30H | Consumer Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 44.92 |  |  |  |  |  | CARRIAGE SERVICES |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 2206.00 | 91461.14 | 91461.14 | 99093.52 | 99093.52 | 7632.38 | 7632.38 | 0.00 | False | 0.00 | N/A | 0.31 | 0.31 | 0.31 | 0.00 |  |  | CSV<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FCFS | FirstCash Inc |  |  | 33768G107 | I10I | Consumer Finance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 133.29 |  |  |  |  |  | FirstCash Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1547.68 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 1138.00 | 132108.80 | 132108.80 | 151684.02 | 151684.02 | 19575.22 | 19575.22 | 1.02 | False | 0.00 | N/A | 0.48 | 0.48 | 0.48 | 0.00 |  |  | FCFS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | VICI | VICI Properties Inc |  |  | 925652109 | I402 | REITS |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NV | NEVADA | USD | US DOLLAR | 1/0/1900 |  |  | 32.60 |  |  |  |  |  | VICI Properties Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 25476.64 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 15824.00 | 482972.03 | 482972.03 | 515862.40 | 515862.40 | 32890.37 | 32890.37 | 4.94 | False | 0.00 | N/A | 1.62 | 1.62 | 1.62 | 0.00 |  |  | VICI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FGTXX | Goldman Sachs Financ | ial Square Funds - G |  | 38141W273 | 1078 | Money Market Fund |  | MONEYMKT | MONEY MARKET |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 8/1/2025 |  |  | 100.00 |  |  |  |  |  | Goldman Sachs Financ | ial Square Funds - G |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8093.96 | L<br> N |  |  | 7/31/2025<br> C |  | 449;USD | USD | 192488.33 | 192488.33 | 192488.33 | 192488.33 | 192488.33 | 0.00 | 0.00 | 4.20 | False | 4.19 |  | 0.61 | 0.60 | 0.60 | 0.00 |  |  | FGTXX<br> N | AC |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SPINNAKER ETF SERIES

- **b. Investment Company Act file number:** 811-22398

- **c. CIK number of Registrant:** 0001484018

- **d. LEI of Registrant:** 54930056GHDI2JOI6X90

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

  - **Street Address 1:** 116 SOUTH FRANKLIN STREET

  - **City:** ROCKY MOUNT

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27804-5707

  - **Telephone number:** 252-972-9922

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

- **a. Name of Series:** Indexperts Quality Earnings Focused ETF

- **b. EDGAR series identifier (if any):** S000088673

- **c. LEI of Series:** 529900RHR6KWU6NOXQ08

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $31922856.82

**Total Liabilities:** $104064.94

**Net Assets:** $31818791.88

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255013 | 3.21%                | 2.55%                | -0.25%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-318101.51              | $1059444.46                                |
| Month 2  | $0.00                    | $742145.82                                 |
| Month 3  | $0.00                    | $-105749.23                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACADIAN ASSET        | COMMSTCK | CUSIP: 10948W103<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |      3119 | NS      | $130343.01    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc            | COMMSTCK | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      2529 | NS      | $524944.53    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories  | COMMSTCK | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      3770 | NS      | $475736.30    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                | COMMSTCK | CUSIP: 00766T100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4792 | NS      | $540250.08    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial   | COMMSTCK | CUSIP: 025932104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1248 | NS      | $155875.20    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan Inc            | COMMSTCK | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |       539 | NS      | $132044.22    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International | COMMSTCK | CUSIP: 012348108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1403 | NS      | $76028.57     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial T | COMMSTCK | CUSIP: 03820C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       417 | NS      | $113215.50    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission | COMMSTCK | CUSIP: 01973R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1542 | NS      | $138887.94    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOLIV INC          | COMMSTCK | CUSIP: 052800109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1553 | NS      | $173237.15    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc  | COMMSTCK | CUSIP: 040413205<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7591 | NS      | $935363.02    | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp        | COMMSTCK | CUSIP: 032095101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2533 | NS      | $269789.83    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCBEST CORP         | COMMSTCK | CUSIP: 03937C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1474 | NS      | $107793.62    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Capital Corp    | COMMSTCK | CUSIP: 04010L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7216 | NS      | $163298.08    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Astrana Health Inc   | COMMSTCK | CUSIP: 03763A207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3088 | NS      | $73679.68     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore International | COMMSTCK | CUSIP: 047649108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1338 | NS      | $103052.76    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp          | COMMSTCK | CUSIP: 05368V106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2491 | NS      | $78640.87     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co  | COMMSTCK | CUSIP: 025816109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       706 | NS      | $211312.86    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Brands Inc    | COMMSTCK | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       590 | NS      | $183696.50    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc         | COMMSTCK | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       133 | NS      | $501194.54    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc              | COMMSTCK | CUSIP: 002474104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1021 | NS      | $111799.50    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ'S WHOLESALE CLUB  | COMMSTCK | CUSIP: 05550J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1340 | NS      | $141906.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway I | COMMSTCK | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |       974 | NS      | $459611.12    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BOYD GAMING CORP     | COMMSTCK | CUSIP: 103304101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2143 | NS      | $181940.70    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International I | COMMSTCK | CUSIP: 127190304<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       318 | NS      | $146461.26    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CASEYS GENERAL STORE | COMMSTCK | CUSIP: 147528103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       336 | NS      | $174763.68    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Syste | COMMSTCK | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |       667 | NS      | $243168.19    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communicatio | COMMSTCK | CUSIP: 16119P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1251 | NS      | $336969.36    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Corp           | COMMSTCK | CUSIP: 125523100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       608 | NS      | $162567.04    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp         | COMMSTCK | CUSIP: 15135B101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3218 | NS      | $83893.26     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA INC          | COMMSTCK | CUSIP: 03073E105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1775 | NS      | $507792.00    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Cor | COMMSTCK | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       494 | NS      | $464182.16    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities | COMMSTCK | CUSIP: 165303108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       713 | NS      | $85474.44     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Catalyst Pharmaceuti | COMMSTCK | CUSIP: 14888U101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10445 | NS      | $222791.85    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CRAI INTERNATIONAL   | COMMSTCK | CUSIP: 12618T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       492 | NS      | $86916.72     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CorVel Corp          | COMMSTCK | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       810 | NS      | $71766.00     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc    | COMMSTCK | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |      8413 | NS      | $572757.04    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CARRIAGE SERVICES    | COMMSTCK | CUSIP: 143905107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2206 | NS      | $99093.52     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology | COMMSTCK | CUSIP: 192446102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6370 | NS      | $457111.20    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp  | COMMSTCK | CUSIP: 231561101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       392 | NS      | $192166.24    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CRANE NXT CO         | COMMSTCK | CUSIP: 224441105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2873 | NS      | $170483.82    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc  | COMMSTCK | CUSIP: 258278100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1946 | NS      | $234726.52    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| DEXCOM INC COM       | COMMSTCK | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      2379 | NS      | $192151.83    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interior | COMMSTCK | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3505 | NS      | $104343.85    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings  | COMMSTCK | CUSIP: 302081104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2037 | NS      | $88466.91     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| National Vision Hold | COMMSTCK | CUSIP: 63845R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5397 | NS      | $130931.22    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Inc        | COMMSTCK | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1138 | NS      | $151684.02    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Networks Inc      | COMMSTCK | CUSIP: 315616102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1863 | NS      | $583901.46    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc           | COMMSTCK | CUSIP: 337738108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2739 | NS      | $380556.66    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp      | COMMSTCK | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |        71 | NS      | $102007.12    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA  | COMMSTCK | CUSIP: 199908104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       203 | NS      | $142769.90    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORP-CLASS A     | COMMSTCK | CUSIP: 35137L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3036 | NS      | $169287.36    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Holdings      | COMMSTCK | CUSIP: 384637104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       245 | NS      | $233774.10    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Genco Shipping & Tra | COMMSTCK | CUSIP: Y2685T131<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6777 | NS      | $107957.61    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc         | COMMSTCK | CUSIP: 02079K305<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3274 | NS      | $628280.60    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Hackett Group Inc/Th | COMMSTCK | CUSIP: 404609109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3704 | NS      | $86636.56     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp           | COMMSTCK | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      2672 | NS      | $873209.60    | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc   | COMMSTCK | CUSIP: 441593100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       862 | NS      | $164348.92    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Hol | COMMSTCK | CUSIP: 43300A203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       836 | NS      | $224114.88    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Hormel Foods Corp    | COMMSTCK | CUSIP: 440452100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17269 | NS      | $485086.21    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc          | COMMSTCK | CUSIP: 420261109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       760 | NS      | $124092.80    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| International        | COMMSTCK | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |       801 | NS      | $202773.15    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd   | COMMSTCK | CUSIP: G4740B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5384 | NS      | $106549.36    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries I | COMMSTCK | CUSIP: 45774W108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2557 | NS      | $92307.70     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingles Markets Inc   | COMMSTCK | CUSIP: 457030104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1482 | NS      | $93262.26     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle I | COMMSTCK | CUSIP: 48020Q107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       658 | NS      | $177896.88    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc           | COMMSTCK | CUSIP: 48282T104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       306 | NS      | $101827.62    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA-Tencor Corp      | COMMSTCK | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       281 | NS      | $247007.43    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transpo | COMMSTCK | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3620 | NS      | $153850.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The        | COMMSTCK | CUSIP: 501044101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7013 | NS      | $491611.30    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PUBLIC LIMITED | COMMSTCK | CUSIP: G54950103<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |       442 | NS      | $203434.92    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp             | COMMSTCK | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |      3824 | NS      | $112693.28    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| LeMaitre Vascular In | COMMSTCK | CUSIP: 525558201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1121 | NS      | $91070.04     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc       | COMMSTCK | CUSIP: 548661107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       912 | NS      | $203895.84    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica  | COMMSTCK | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |       729 | NS      | $146186.37    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc         | COMMSTCK | CUSIP: 505336107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2182 | NS      | $78486.54     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc       | COMMSTCK | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       357 | NS      | $202229.79    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc           | COMMSTCK | CUSIP: 57686G105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       951 | NS      | $101547.78    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc     | COMMSTCK | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      8487 | NS      | $525684.78    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp       | COMMSTCK | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       460 | NS      | $245410.00    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc       | COMMSTCK | CUSIP: 626755102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       341 | NS      | $123605.68    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co | COMMSTCK | CUSIP: 636180101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1874 | NS      | $162644.46    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc          | COMMSTCK | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       172 | NS      | $199416.80    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Natural Grocers by V | COMMSTCK | CUSIP: 63888U108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1571 | NS      | $59525.19     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc       | COMMSTCK | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |       200 | NS      | $188624.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc       | COMMSTCK | CUSIP: 629377508<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4198 | NS      | $701905.60    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Napco Security Techn | COMMSTCK | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |      3471 | NS      | $105969.63    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| OWENS & MINOR        | COMMSTCK | CUSIP: 690732102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13106 | NS      | $90824.58     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive  | COMMSTCK | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      2218 | NS      | $218073.76    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp      | COMMSTCK | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1211 | NS      | $93464.98     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks I | COMMSTCK | CUSIP: 697435105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1074 | NS      | $186446.40    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc          | COMMSTCK | CUSIP: 704326107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3338 | NS      | $481773.54    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc           | COMMSTCK | CUSIP: 693718108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2230 | NS      | $220234.80    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The | COMMSTCK | CUSIP: 743315103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       716 | NS      | $173300.64    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of Am | COMMSTCK | CUSIP: 695156109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       829 | NS      | $160618.75    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp          | COMMSTCK | CUSIP: 729132100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       729 | NS      | $92947.50     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PriceSmart Inc       | COMMSTCK | CUSIP: 741511109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       874 | NS      | $93955.00     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System Inc     | COMMSTCK | CUSIP: 783549108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       637 | NS      | $113201.27    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Crui | COMMSTCK | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |       865 | NS      | $274957.55    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceut | COMMSTCK | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       385 | NS      | $210002.10    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies | COMMSTCK | CUSIP: 76118Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4710 | NS      | $128583.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp    | COMMSTCK | CUSIP: 751212101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       619 | NS      | $184926.25    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc           | COMMSTCK | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      2055 | NS      | $558836.70    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp          | COMMSTCK | CUSIP: 775133101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1375 | NS      | $90172.50     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Corp Interna | COMMSTCK | CUSIP: 817565104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1991 | NS      | $151933.21    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Medical Holdi | COMMSTCK | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6244 | NS      | $92348.76     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc         | COMMSTCK | CUSIP: 871607107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       416 | NS      | $263523.52    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc       | COMMSTCK | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       985 | NS      | $542833.50    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Shutterstock Inc     | COMMSTCK | CUSIP: 825690100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4928 | NS      | $94420.48     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologie | COMMSTCK | CUSIP: 81725T100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       965 | NS      | $108359.85    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp         | COMMSTCK | CUSIP: 863667101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1313 | NS      | $515654.49    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Tecnoglass Inc       | COMMSTCK | CUSIP: G87264100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1128 | NS      | $88017.84     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc            | COMMSTCK | CUSIP: 87901J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5356 | NS      | $89445.20     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Gr | COMMSTCK | CUSIP: 410867105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       915 | NS      | $157041.45    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentherm Inc         | COMMSTCK | CUSIP: 37253A103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3468 | NS      | $111114.72    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The      | COMMSTCK | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      1599 | NS      | $199123.47    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The        | COMMSTCK | CUSIP: 887389104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2213 | NS      | $168387.17    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scient | COMMSTCK | CUSIP: 883556102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1746 | NS      | $816569.28    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc      | COMMSTCK | CUSIP: 872590104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2910 | NS      | $693773.10    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TriNet Group Inc     | COMMSTCK | CUSIP: 896288107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1858 | NS      | $125990.98    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TEEKAY TANKERS LTD   | COMMSTCK | CUSIP: G8726X106<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      2034 | NS      | $86139.90     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Turning Point Brands | COMMSTCK | CUSIP: 90041L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1254 | NS      | $104006.76    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcat Inc         | COMMSTCK | CUSIP: 893529107<br>LEI: 54930081E40TSSHUOS40 | Long             | EC               | CORP              | US        |      1180 | NS      | $90187.40     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/Th | COMMSTCK | CUSIP: 89417E109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       753 | NS      | $195960.72    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc  | COMMSTCK | CUSIP: 925652109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15824 | NS      | $515862.40    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc | COMMSTCK | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |       652 | NS      | $181718.92    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceutica | COMMSTCK | CUSIP: 92532F100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       471 | NS      | $215185.77    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communicatio | COMMSTCK | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     11561 | NS      | $494348.36    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The | COMMSTCK | CUSIP: 969457100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8721 | NS      | $522823.95    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Weis Markets Inc     | COMMSTCK | CUSIP: 948849104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1117 | NS      | $80881.97     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc          | COMMSTCK | CUSIP: 931142103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5209 | NS      | $510377.82    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technolo | COMMSTCK | CUSIP: 942749102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       383 | NS      | $100468.56    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp     | COMMSTCK | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      4685 | NS      | $523033.40    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Financ | MONEYMKT | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             |  | US        |    192488 | NS      | $192488.33    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-18

**Name of Applicant:** Spinnaker ETF Series

**Signature:** Pete Mccabe

**Name of Signer:** Pete Mccabe

**Title:** Principal Accounting Officer/Principal Financial Officer