# EDGAR Filing Document

**Accession Number:** 0001738726
**File Stem:** 0001738726-26-000002
**Filing Date:** 2026-2
**Character Count:** 45166
**Document Hash:** 6aa5d8720f8499e3ac1860f4525f8918
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001738726-26-000002.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001738726-26-000002

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**EFFECTIVENESS DATE**: 20260213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ceredex Value Advisors LLC
- **CENTRAL INDEX KEY:** 0001738726

**ORGANIZATION NAME:**
- **EIN:** 261482988
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** 549300XJ44OJZRRKLX83

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18745
- **FILM NUMBER:** 26630241

**BUSINESS ADDRESS:**
- **STREET 1:** 1290 PALMETTO AVENUE
- **CITY:** WINTER PARK
- **STATE:** FL
- **ZIP:** 32789
- **BUSINESS PHONE:** 407-674-1270

**MAIL ADDRESS:**
- **STREET 1:** 1290 PALMETTO AVENUE
- **CITY:** WINTER PARK
- **STATE:** FL
- **ZIP:** 32789

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Ceredex Value Advisors LLC<br>**Address:** 1290 PALMETTO AVENUE<br>WINTER PARK, FL 32789

**Form 13F File Number:** 028-18745

**CRD Number (if applicable):** 000146023

**SEC File Number (if applicable):** 801-68739

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Matthew Carney<br>**Title:** Chief Compliance Officer<br>**Phone:** 860-503-1346

**Signature, Place, and Date of Signing:**

Matthew Carney  Brookhaven, GA  02-13-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 2

**Form 13F Information Table Entry Total:** 428

**Form 13F Information Table Value Total:** $3326317966

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                           | Form 13F File Number   |
|:---|:---|:---|
|  | VIRTUS CAPITAL ADVISERS LLC    | 028-11308              |
|  | Virtus Investment Advisers LLC | 028-00085              |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AAON INC | COM PAR $0.004 | 000360206 |  | 25128188 | 329550 | SH |  | OTR |  | 0 | 329550 | 0 |
| AAON INC | COM PAR $0.004 | 000360206 |  | 11452750 | 150200 | SH |  | SOLE |  | 150200 | 0 | 0 |
| AAON INC | COM PAR $0.004 | 000360206 |  | 3812500 | 50000 | SH |  | SOLE |  | 0 | 0 | 50000 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 15287760 | 306000 | SH |  | OTR |  | 0 | 306000 | 0 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 7688844 | 153900 | SH |  | SOLE |  | 153900 | 0 | 0 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 2642884 | 52900 | SH |  | SOLE |  | 0 | 0 | 52900 |
| ADVANCED ENERGY INDS | COM | 007973100 |  | 5286593 | 25250 | SH |  | OTR |  | 0 | 25250 | 0 |
| ADVANCED ENERGY INDS | COM | 007973100 |  | 7935123 | 37900 | SH |  | SOLE |  | 37900 | 0 | 0 |
| ADVANCED ENERGY INDS | COM | 007973100 |  | 3454605 | 16500 | SH |  | SOLE |  | 0 | 0 | 16500 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 17927223 | 131750 | SH |  | OTR |  | 0 | 131750 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 2524099 | 18550 | SH |  | SOLE |  | 18550 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 3954447 | 54900 | SH |  | OTR |  | 0 | 54900 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 5942475 | 82500 | SH |  | SOLE |  | 82500 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 2528253 | 35100 | SH |  | SOLE |  | 0 | 0 | 35100 |
| ALLY FINL INC | COM | 02005N100 |  | 25140479 | 555100 | SH |  | OTR |  | 0 | 555100 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 11118695 | 245500 | SH |  | SOLE |  | 245500 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 3636787 | 80300 | SH |  | SOLE |  | 0 | 0 | 80300 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 11164063 | 35577 | SH |  | OTR |  | 0 | 35577 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 30360464 | 96751 | SH |  | SOLE |  | 96751 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 3839971 | 12237 | SH |  | OTR |  | 0 | 0 | 12237 |
| AMEREN CORP | COM | 023608102 |  | 6946861 | 69566 | SH |  | OTR |  | 0 | 69566 | 0 |
| AMEREN CORP | COM | 023608102 |  | 18907093 | 189336 | SH |  | SOLE |  | 189336 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 2106138 | 11996 | SH |  | OTR |  | 0 | 0 | 11996 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 15881850 | 121700 | SH |  | OTR |  | 0 | 121700 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 2231550 | 17100 | SH |  | SOLE |  | 17100 | 0 | 0 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 4812612 | 121900 | SH |  | OTR |  | 0 | 121900 | 0 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 7199178 | 182350 | SH |  | SOLE |  | 182350 | 0 | 0 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 3162348 | 80100 | SH |  | SOLE |  | 0 | 0 | 80100 |
| AON PLC | SHS CL A | G0403H108 |  | 1161328 | 3291 | SH |  | OTR |  | 0 | 0 | 3291 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 18230640 | 125937 | SH |  | OTR |  | 0 | 125937 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 11789254 | 81440 | SH |  | SOLE |  | 81440 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 1223222 | 8450 | SH |  | OTR |  | 0 | 0 | 8450 |
| AUTOLIV INC | COM | 052800109 |  | 3252380 | 27400 | SH |  | OTR |  | 0 | 27400 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 4857798 | 40925 | SH |  | SOLE |  | 40925 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 2124730 | 17900 | SH |  | SOLE |  | 0 | 0 | 17900 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 3250182 | 30350 | SH |  | OTR |  | 0 | 30350 | 0 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 4931495 | 46050 | SH |  | SOLE |  | 46050 | 0 | 0 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 2141800 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 4296710 | 22140 | SH |  | OTR |  | 0 | 22140 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 11565602 | 59595 | SH |  | SOLE |  | 59595 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 1583029 | 8157 | SH |  | OTR |  | 0 | 0 | 8157 |
| BELDEN INC | COM | 077454106 |  | 5209785 | 44700 | SH |  | OTR |  | 0 | 44700 | 0 |
| BELDEN INC | COM | 077454106 |  | 7797195 | 66900 | SH |  | SOLE |  | 66900 | 0 | 0 |
| BELDEN INC | COM | 077454106 |  | 3409088 | 29250 | SH |  | SOLE |  | 0 | 0 | 29250 |
| BEST BUY INC | COM | 086516101 |  | 11535386 | 172350 | SH |  | OTR |  | 0 | 172350 | 0 |
| BEST BUY INC | COM | 086516101 |  | 1633092 | 24400 | SH |  | SOLE |  | 24400 | 0 | 0 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 24344752 | 413956 | SH |  | OTR |  | 0 | 413956 | 0 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 14631928 | 248800 | SH |  | SOLE |  | 248800 | 0 | 0 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 1503478 | 25565 | SH |  | OTR |  | 0 | 0 | 25565 |
| BLACKROCK INC | COM | 09290D101 |  | 5867604 | 5482 | SH |  | OTR |  | 0 | 5482 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 16020849 | 14968 | SH |  | SOLE |  | 14968 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 2012239 | 1880 | SH |  | OTR |  | 0 | 0 | 1880 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 5295362 | 62771 | SH |  | OTR |  | 0 | 62771 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 14307034 | 169595 | SH |  | SOLE |  | 169595 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 1821164 | 21588 | SH |  | OTR |  | 0 | 0 | 21588 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 4037880 | 154000 | SH |  | OTR |  | 0 | 154000 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 6056820 | 231000 | SH |  | SOLE |  | 231000 | 0 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 2631177 | 100350 | SH |  | SOLE |  | 0 | 0 | 100350 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 3694630 | 141774 | SH |  | OTR |  | 0 | 141774 | 0 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 9872909 | 378853 | SH |  | SOLE |  | 378853 | 0 | 0 |
| BRUKER CORP | COM | 116794108 |  | 5429428 | 115250 | SH |  | OTR |  | 0 | 115250 | 0 |
| BRUKER CORP | COM | 116794108 |  | 8112342 | 172200 | SH |  | SOLE |  | 172200 | 0 | 0 |
| BRUKER CORP | COM | 116794108 |  | 3554450 | 75450 | SH |  | SOLE |  | 0 | 0 | 75450 |
| CAMECO CORP | COM | 13321L108 |  | 21330894 | 233150 | SH |  | OTR |  | 0 | 233150 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 2945978 | 32200 | SH |  | SOLE |  | 32200 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 6124680 | 25271 | SH |  | OTR |  | 0 | 25271 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 16422071 | 67759 | SH |  | SOLE |  | 67759 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 2139069 | 8826 | SH |  | OTR |  | 0 | 0 | 8826 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 24241735 | 76997 | SH |  | OTR |  | 0 | 76997 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 14722233 | 46761 | SH |  | SOLE |  | 46761 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 1502416 | 4772 | SH |  | OTR |  | 0 | 0 | 4772 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 18077310 | 471500 | SH |  | OTR |  | 0 | 471500 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 2455677 | 64050 | SH |  | SOLE |  | 64050 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 7117852 | 46702 | SH |  | OTR |  | 0 | 46702 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 19019854 | 124794 | SH |  | SOLE |  | 124794 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 5963077 | 71116 | SH |  | OTR |  | 0 | 71116 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 16177935 | 192939 | SH |  | SOLE |  | 192939 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 2177836 | 25973 | SH |  | OTR |  | 0 | 0 | 25973 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 20729709 | 354900 | SH |  | OTR |  | 0 | 354900 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 2943864 | 50400 | SH |  | SOLE |  | 50400 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 20767734 | 76050 | SH |  | OTR |  | 0 | 76050 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 2867340 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 3278323 | 22300 | SH |  | OTR |  | 0 | 22300 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 4921160 | 33475 | SH |  | SOLE |  | 33475 | 0 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 2138996 | 14550 | SH |  | SOLE |  | 0 | 0 | 14550 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 5499163 | 196750 | SH |  | OTR |  | 0 | 196750 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 8193543 | 293150 | SH |  | SOLE |  | 293150 | 0 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 3555240 | 127200 | SH |  | SOLE |  | 0 | 0 | 127200 |
| CONCENTRA GROUP HOLDINGS PAR | COMMON STOCK | 20603L102 |  | 3595536 | 182700 | SH |  | OTR |  | 0 | 182700 | 0 |
| CONCENTRA GROUP HOLDINGS PAR | COMMON STOCK | 20603L102 |  | 5386416 | 273700 | SH |  | SOLE |  | 273700 | 0 | 0 |
| CONCENTRA GROUP HOLDINGS PAR | COMMON STOCK | 20603L102 |  | 2355696 | 119700 | SH |  | SOLE |  | 0 | 0 | 119700 |
| CORNING INC | COM | 219350105 |  | 20865548 | 238300 | SH |  | OTR |  | 0 | 238300 | 0 |
| CORNING INC | COM | 219350105 |  | 2538802 | 28995 | SH |  | SOLE |  | 28995 | 0 | 0 |
| CRANE COMPANY | COMMON STOCK | 224408104 |  | 21845734 | 118450 | SH |  | OTR |  | 0 | 118450 | 0 |
| CRANE COMPANY | COMMON STOCK | 224408104 |  | 8502223 | 46100 | SH |  | SOLE |  | 46100 | 0 | 0 |
| CRANE COMPANY | COMMON STOCK | 224408104 |  | 2665014 | 14450 | SH |  | SOLE |  | 0 | 0 | 14450 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 5147510 | 40650 | SH |  | OTR |  | 0 | 40650 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 7711767 | 60900 | SH |  | SOLE |  | 60900 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 3343032 | 26400 | SH |  | SOLE |  | 0 | 0 | 26400 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 17235490 | 248350 | SH |  | OTR |  | 0 | 248350 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 2165141 | 31198 | SH |  | SOLE |  | 31198 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 17528478 | 116600 | SH |  | OTR |  | 0 | 116600 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 2487962 | 16550 | SH |  | SOLE |  | 16550 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 4682139 | 11233 | SH |  | OTR |  | 0 | 11233 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 12681332 | 30424 | SH |  | SOLE |  | 30424 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 1609759 | 3862 | SH |  | OTR |  | 0 | 0 | 3862 |
| DOVER CORP | COM | 260003108 |  | 20783298 | 106450 | SH |  | OTR |  | 0 | 106450 | 0 |
| DOVER CORP | COM | 260003108 |  | 2860266 | 14650 | SH |  | SOLE |  | 14650 | 0 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 4613664 | 38550 | SH |  | OTR |  | 0 | 38550 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 6899552 | 57650 | SH |  | SOLE |  | 57650 | 0 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 3021920 | 25250 | SH |  | SOLE |  | 0 | 0 | 25250 |
| EASTGROUP PPTYS INC | COM | 277276101 |  | 25046484 | 140600 | SH |  | OTR |  | 0 | 140600 | 0 |
| EASTGROUP PPTYS INC | COM | 277276101 |  | 9178664 | 51525 | SH |  | SOLE |  | 51525 | 0 | 0 |
| EASTGROUP PPTYS INC | COM | 277276101 |  | 2796798 | 15700 | SH |  | SOLE |  | 0 | 0 | 15700 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 5722710 | 229000 | SH |  | OTR |  | 0 | 229000 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 8614053 | 344700 | SH |  | SOLE |  | 344700 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 3748500 | 150000 | SH |  | SOLE |  | 0 | 0 | 150000 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 21703250 | 35475 | SH |  | OTR |  | 0 | 35475 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 3074245 | 5025 | SH |  | SOLE |  | 5025 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 19678347 | 212900 | SH |  | OTR |  | 0 | 212900 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 2357520 | 25506 | SH |  | SOLE |  | 25506 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 18202560 | 339600 | SH |  | OTR |  | 0 | 339600 | 0 |
| EQT CORP | COM | 26884L109 |  | 2470960 | 46100 | SH |  | SOLE |  | 46100 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 20973630 | 27375 | SH |  | OTR |  | 0 | 27375 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 2911408 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 6850385 | 113024 | SH |  | OTR |  | 0 | 113024 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 18587087 | 306667 | SH |  | SOLE |  | 306667 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 2625080 | 43311 | SH |  | OTR |  | 0 | 0 | 43311 |
| ESAB CORPORATION | COM | 29605J106 |  | 4061022 | 36350 | SH |  | OTR |  | 0 | 36350 | 0 |
| ESAB CORPORATION | COM | 29605J106 |  | 6060810 | 54250 | SH |  | SOLE |  | 54250 | 0 | 0 |
| ESAB CORPORATION | COM | 29605J106 |  | 2658936 | 23800 | SH |  | SOLE |  | 0 | 0 | 23800 |
| ESCO TECHNOLOGIES INC | COM | 296315104 |  | 4337658 | 22200 | SH |  | OTR |  | 0 | 22200 | 0 |
| ESCO TECHNOLOGIES INC | COM | 296315104 |  | 6496718 | 33250 | SH |  | SOLE |  | 33250 | 0 | 0 |
| ESCO TECHNOLOGIES INC | COM | 296315104 |  | 2813616 | 14400 | SH |  | SOLE |  | 0 | 0 | 14400 |
| EVERCORE INC | CLASS A | 29977A105 |  | 24106713 | 70850 | SH |  | OTR |  | 0 | 70850 | 0 |
| EVERCORE INC | CLASS A | 29977A105 |  | 7778115 | 22860 | SH |  | SOLE |  | 22860 | 0 | 0 |
| EVERCORE INC | CLASS A | 29977A105 |  | 2245650 | 6600 | SH |  | SOLE |  | 0 | 0 | 6600 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 5483016 | 49683 | SH |  | OTR |  | 0 | 49683 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 14767272 | 133810 | SH |  | SOLE |  | 133810 | 0 | 0 |
| F N B CORP | COM | 302520101 |  | 5310405 | 310550 | SH |  | OTR |  | 0 | 310550 | 0 |
| F N B CORP | COM | 302520101 |  | 7968600 | 466000 | SH |  | SOLE |  | 466000 | 0 | 0 |
| F N B CORP | COM | 302520101 |  | 3456765 | 202150 | SH |  | SOLE |  | 0 | 0 | 202150 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 16931012 | 76050 | SH |  | OTR |  | 0 | 76050 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 2365444 | 10625 | SH |  | SOLE |  | 10625 | 0 | 0 |
| FIRST MERCHANTS CORP | COM | 320817109 |  | 4922998 | 131350 | SH |  | OTR |  | 0 | 131350 | 0 |
| FIRST MERCHANTS CORP | COM | 320817109 |  | 7387308 | 197100 | SH |  | SOLE |  | 197100 | 0 | 0 |
| FIRST MERCHANTS CORP | COM | 320817109 |  | 3204540 | 85500 | SH |  | SOLE |  | 0 | 0 | 85500 |
| FLOWSERVE CORP | COM | 34354P105 |  | 5648503 | 81414 | SH |  | OTR |  | 0 | 81414 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 15369682 | 221529 | SH |  | SOLE |  | 221529 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 2462296 | 35490 | SH |  | OTR |  | 0 | 0 | 35490 |
| FULLER H B CO | COM | 359694106 |  | 3546789 | 59650 | SH |  | OTR |  | 0 | 59650 | 0 |
| FULLER H B CO | COM | 359694106 |  | 5280048 | 88800 | SH |  | SOLE |  | 88800 | 0 | 0 |
| FULLER H B CO | COM | 359694106 |  | 2283264 | 38400 | SH |  | SOLE |  | 0 | 0 | 38400 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 25492627 | 98507 | SH |  | OTR |  | 0 | 98507 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 15226686 | 58838 | SH |  | SOLE |  | 58838 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 1545494 | 5972 | SH |  | OTR |  | 0 | 0 | 5972 |
| GARMIN LTD | SHS | H2906T109 |  | 14402350 | 71000 | SH |  | OTR |  | 0 | 71000 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 2063999 | 10175 | SH |  | SOLE |  | 10175 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 17538768 | 280800 | SH |  | OTR |  | 0 | 280800 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 7385895 | 118250 | SH |  | SOLE |  | 118250 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 2364111 | 37850 | SH |  | SOLE |  | 0 | 0 | 37850 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 5202305 | 118100 | SH |  | OTR |  | 0 | 118100 | 0 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 7805660 | 177200 | SH |  | SOLE |  | 177200 | 0 | 0 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 3387445 | 76900 | SH |  | SOLE |  | 0 | 0 | 76900 |
| HELIOS TECHNOLOGIES INC | COM | 42328H109 |  | 3257541 | 60900 | SH |  | OTR |  | 0 | 60900 | 0 |
| HELIOS TECHNOLOGIES INC | COM | 42328H109 |  | 4878288 | 91200 | SH |  | SOLE |  | 91200 | 0 | 0 |
| HELIOS TECHNOLOGIES INC | COM | 42328H109 |  | 2123553 | 39700 | SH |  | SOLE |  | 0 | 0 | 39700 |
| HERC HLDGS INC | COM | 42704L104 |  | 20328060 | 137000 | SH |  | OTR |  | 0 | 137000 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 9054890 | 61025 | SH |  | SOLE |  | 61025 | 0 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 2982438 | 20100 | SH |  | SOLE |  | 0 | 0 | 20100 |
| HEXCEL CORP NEW | COM | 428291108 |  | 23854920 | 322800 | SH |  | OTR |  | 0 | 322800 | 0 |
| HEXCEL CORP NEW | COM | 428291108 |  | 10299813 | 139375 | SH |  | SOLE |  | 139375 | 0 | 0 |
| HEXCEL CORP NEW | COM | 428291108 |  | 3358755 | 45450 | SH |  | SOLE |  | 0 | 0 | 45450 |
| HOME DEPOT INC | COM | 437076102 |  | 5663198 | 16458 | SH |  | OTR |  | 0 | 16458 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 15636592 | 45442 | SH |  | SOLE |  | 45442 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 2077676 | 6038 | SH |  | OTR |  | 0 | 0 | 6038 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 3314950 | 167000 | SH |  | OTR |  | 0 | 167000 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 4973418 | 250550 | SH |  | SOLE |  | 250550 | 0 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 2183500 | 110000 | SH |  | SOLE |  | 0 | 0 | 110000 |
| HUMANA INC | COM | 444859102 |  | 4075541 | 15912 | SH |  | OTR |  | 0 | 15912 | 0 |
| HUMANA INC | COM | 444859102 |  | 11182124 | 43658 | SH |  | SOLE |  | 43658 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 1394628 | 5445 | SH |  | OTR |  | 0 | 0 | 5445 |
| IDACORP INC | COM | 451107106 |  | 5271224 | 41650 | SH |  | OTR |  | 0 | 41650 | 0 |
| IDACORP INC | COM | 451107106 |  | 7856212 | 62075 | SH |  | SOLE |  | 62075 | 0 | 0 |
| IDACORP INC | COM | 451107106 |  | 3404464 | 26900 | SH |  | SOLE |  | 0 | 0 | 26900 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 5894047 | 74401 | SH |  | OTR |  | 0 | 74401 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 15731666 | 198582 | SH |  | SOLE |  | 198582 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 2001414 | 25264 | SH |  | OTR |  | 0 | 0 | 25264 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 7114149 | 180608 | SH |  | OTR |  | 0 | 180608 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 19371569 | 491789 | SH |  | SOLE |  | 491789 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 2420594 | 61452 | SH |  | OTR |  | 0 | 0 | 61452 |
| JABIL INC | COM | 466313103 |  | 26624071 | 116762 | SH |  | OTR |  | 0 | 116762 | 0 |
| JABIL INC | COM | 466313103 |  | 18669138 | 81875 | SH |  | SOLE |  | 81875 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 1985598 | 8708 | SH |  | OTR |  | 0 | 0 | 8708 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 6298491 | 52597 | SH |  | OTR |  | 0 | 52597 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 17092037 | 142731 | SH |  | SOLE |  | 142731 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 2323150 | 19400 | SH |  | OTR |  | 0 | 0 | 19400 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 10494383 | 32569 | SH |  | OTR |  | 0 | 32569 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 28652769 | 88923 | SH |  | SOLE |  | 88923 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 3763207 | 11679 | SH |  | OTR |  | 0 | 0 | 11679 |
| KEYCORP | COM | 493267108 |  | 26989690 | 1307640 | SH |  | OTR |  | 0 | 1307640 | 0 |
| KEYCORP | COM | 493267108 |  | 20883201 | 1011783 | SH |  | SOLE |  | 1011783 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 2434282 | 117940 | SH |  | OTR |  | 0 | 0 | 117940 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 18153603 | 347238 | SH |  | OTR |  | 0 | 347238 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 15320602 | 293049 | SH |  | SOLE |  | 293049 | 0 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 1685612 | 32242 | SH |  | OTR |  | 0 | 0 | 32242 |
| LENNAR CORP | CL A | 526057104 |  | 4048367 | 39381 | SH |  | OTR |  | 0 | 39381 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 10897314 | 106005 | SH |  | SOLE |  | 106005 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 1380193 | 13426 | SH |  | OTR |  | 0 | 0 | 13426 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 |  | 18224622 | 76050 | SH |  | OTR |  | 0 | 76050 | 0 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 |  | 2516220 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| LITTELFUSE INC | COM | 537008104 |  | 4931940 | 19500 | SH |  | OTR |  | 0 | 19500 | 0 |
| LITTELFUSE INC | COM | 537008104 |  | 7391587 | 29225 | SH |  | SOLE |  | 29225 | 0 | 0 |
| LITTELFUSE INC | COM | 537008104 |  | 3212084 | 12700 | SH |  | SOLE |  | 0 | 0 | 12700 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 3315198 | 41050 | SH |  | OTR |  | 0 | 41050 | 0 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 4946550 | 61250 | SH |  | SOLE |  | 61250 | 0 | 0 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 2164368 | 26800 | SH |  | SOLE |  | 0 | 0 | 26800 |
| MACYS INC | COM | 55616P104 |  | 15796620 | 716400 | SH |  | OTR |  | 0 | 716400 | 0 |
| MACYS INC | COM | 55616P104 |  | 5458478 | 247550 | SH |  | SOLE |  | 247550 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 1565550 | 71000 | SH |  | SOLE |  | 0 | 0 | 71000 |
| MADDEN STEVEN LTD | COM | 556269108 |  | 2585844 | 62100 | SH |  | OTR |  | 0 | 62100 | 0 |
| MADDEN STEVEN LTD | COM | 556269108 |  | 3901668 | 93700 | SH |  | SOLE |  | 93700 | 0 | 0 |
| MADDEN STEVEN LTD | COM | 556269108 |  | 1694748 | 40700 | SH |  | SOLE |  | 0 | 0 | 40700 |
| MATADOR RES CO | COM | 576485205 |  | 4623838 | 108950 | SH |  | OTR |  | 0 | 108950 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 6928330 | 163250 | SH |  | SOLE |  | 163250 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 3032338 | 71450 | SH |  | SOLE |  | 0 | 0 | 71450 |
| MERCK  CO INC | COM | 58933Y105 |  | 6453280 | 61308 | SH |  | OTR |  | 0 | 61308 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 17496317 | 166220 | SH |  | SOLE |  | 166220 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 2218986 | 21081 | SH |  | OTR |  | 0 | 0 | 21081 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 3280130 | 49850 | SH |  | OTR |  | 0 | 49850 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 4918550 | 74750 | SH |  | SOLE |  | 74750 | 0 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 2164820 | 32900 | SH |  | SOLE |  | 0 | 0 | 32900 |
| META PLATFORMS INC | CL A | 30303M102 |  | 5286661 | 8009 | SH |  | OTR |  | 0 | 8009 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 14543763 | 22033 | SH |  | SOLE |  | 22033 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1821848 | 2760 | SH |  | OTR |  | 0 | 0 | 2760 |
| MKS INC. | COM | 55306N104 |  | 18313080 | 114600 | SH |  | OTR |  | 0 | 114600 | 0 |
| MKS INC. | COM | 55306N104 |  | 8554893 | 53535 | SH |  | SOLE |  | 53535 | 0 | 0 |
| MKS INC. | COM | 55306N104 |  | 2940320 | 18400 | SH |  | SOLE |  | 0 | 0 | 18400 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 6148624 | 114223 | SH |  | OTR |  | 0 | 114223 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 16776442 | 311656 | SH |  | SOLE |  | 311656 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 2108575 | 39171 | SH |  | OTR |  | 0 | 0 | 39171 |
| MOODYS CORP | COM | 615369105 |  | 26744530 | 52353 | SH |  | OTR |  | 0 | 52353 | 0 |
| MOODYS CORP | COM | 615369105 |  | 19124181 | 37436 | SH |  | SOLE |  | 37436 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 2091420 | 4094 | SH |  | OTR |  | 0 | 0 | 4094 |
| MOSAIC CO NEW | COM | 61945C103 |  | 4382043 | 181903 | SH |  | OTR |  | 0 | 181903 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 11795355 | 489637 | SH |  | SOLE |  | 489637 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 1493845 | 62011 | SH |  | OTR |  | 0 | 0 | 62011 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 21379673 | 55775 | SH |  | OTR |  | 0 | 55775 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 2913232 | 7600 | SH |  | SOLE |  | 7600 | 0 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 3031805 | 36050 | SH |  | OTR |  | 0 | 36050 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 4537195 | 53950 | SH |  | SOLE |  | 53950 | 0 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 1988965 | 23650 | SH |  | SOLE |  | 0 | 0 | 23650 |
| MURPHY USA INC | COM | 626755102 |  | 2522000 | 6250 | SH |  | OTR |  | 0 | 6250 | 0 |
| MURPHY USA INC | COM | 626755102 |  | 3742648 | 9275 | SH |  | SOLE |  | 9275 | 0 | 0 |
| MURPHY USA INC | COM | 626755102 |  | 1634256 | 4050 | SH |  | SOLE |  | 0 | 0 | 4050 |
| NBT BANCORP INC | COM | 628778102 |  | 4471704 | 107700 | SH |  | OTR |  | 0 | 107700 | 0 |
| NBT BANCORP INC | COM | 628778102 |  | 6682644 | 160950 | SH |  | SOLE |  | 160950 | 0 | 0 |
| NBT BANCORP INC | COM | 628778102 |  | 2889792 | 69600 | SH |  | SOLE |  | 0 | 0 | 69600 |
| NISOURCE INC | COM | 65473P105 |  | 16933680 | 405500 | SH |  | OTR |  | 0 | 405500 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 2361528 | 56550 | SH |  | SOLE |  | 56550 | 0 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 26566247 | 4106066 | SH |  | OTR |  | 0 | 4106066 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 17954464 | 2775033 | SH |  | SOLE |  | 2775033 | 0 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 1901611 | 293912 | SH |  | OTR |  | 0 | 0 | 293912 |
| NOV INC | COM | 62955J103 |  | 4546767 | 290900 | SH |  | OTR |  | 0 | 290900 | 0 |
| NOV INC | COM | 62955J103 |  | 6802958 | 435250 | SH |  | SOLE |  | 435250 | 0 | 0 |
| NOV INC | COM | 62955J103 |  | 2986893 | 191100 | SH |  | SOLE |  | 0 | 0 | 191100 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 4894560 | 48000 | SH |  | OTR |  | 0 | 48000 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 7403022 | 72600 | SH |  | SOLE |  | 72600 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 3222252 | 31600 | SH |  | SOLE |  | 0 | 0 | 31600 |
| OGE ENERGY CORP | COM | 670837103 |  | 5213670 | 122100 | SH |  | OTR |  | 0 | 122100 | 0 |
| OGE ENERGY CORP | COM | 670837103 |  | 7679595 | 179850 | SH |  | SOLE |  | 179850 | 0 | 0 |
| OGE ENERGY CORP | COM | 670837103 |  | 3362625 | 78750 | SH |  | SOLE |  | 0 | 0 | 78750 |
| ORACLE CORP | COM | 68389X105 |  | 2995767 | 15370 | SH |  | OTR |  | 0 | 15370 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 8119951 | 41660 | SH |  | SOLE |  | 41660 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 1027955 | 5274 | SH |  | OTR |  | 0 | 0 | 5274 |
| PERELLA WEINBERG PARTNERS | CLASS A COM | 71367G102 |  | 3294785 | 190450 | SH |  | OTR |  | 0 | 190450 | 0 |
| PERELLA WEINBERG PARTNERS | CLASS A COM | 71367G102 |  | 4928770 | 284900 | SH |  | SOLE |  | 284900 | 0 | 0 |
| PERELLA WEINBERG PARTNERS | CLASS A COM | 71367G102 |  | 2150390 | 124300 | SH |  | SOLE |  | 0 | 0 | 124300 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 4692230 | 52900 | SH |  | OTR |  | 0 | 52900 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 7033910 | 79300 | SH |  | SOLE |  | 79300 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 3055715 | 34450 | SH |  | SOLE |  | 0 | 0 | 34450 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 5103544 | 143600 | SH |  | OTR |  | 0 | 143600 | 0 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 7680194 | 216100 | SH |  | SOLE |  | 216100 | 0 | 0 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 3338983 | 93950 | SH |  | SOLE |  | 0 | 0 | 93950 |
| PPL CORP | COM | 69351T106 |  | 6813176 | 194551 | SH |  | OTR |  | 0 | 194551 | 0 |
| PPL CORP | COM | 69351T106 |  | 18667901 | 533064 | SH |  | SOLE |  | 533064 | 0 | 0 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 4512489 | 36350 | SH |  | OTR |  | 0 | 36350 | 0 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 6771837 | 54550 | SH |  | SOLE |  | 54550 | 0 | 0 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 2966946 | 23900 | SH |  | SOLE |  | 0 | 0 | 23900 |
| PROGRESSIVE CORP | COM | 743315103 |  | 6543306 | 28734 | SH |  | OTR |  | 0 | 28734 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 18006276 | 79072 | SH |  | SOLE |  | 79072 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 2274240 | 9987 | SH |  | OTR |  | 0 | 0 | 9987 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 5065763 | 73300 | SH |  | OTR |  | 0 | 73300 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 7584823 | 109750 | SH |  | SOLE |  | 109750 | 0 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 3296547 | 47700 | SH |  | SOLE |  | 0 | 0 | 47700 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 4285809 | 52490 | SH |  | OTR |  | 0 | 52490 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 11706650 | 143376 | SH |  | SOLE |  | 143376 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 1469782 | 18001 | SH |  | OTR |  | 0 | 0 | 18001 |
| QUANTA SVCS INC | COM | 74762E102 |  | 17979756 | 42600 | SH |  | OTR |  | 0 | 42600 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 2286299 | 5417 | SH |  | SOLE |  | 5417 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 4737176 | 93050 | SH |  | OTR |  | 0 | 93050 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 7063763 | 138750 | SH |  | SOLE |  | 138750 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 3064782 | 60200 | SH |  | SOLE |  | 0 | 0 | 60200 |
| RANGE RES CORP | COM | 75281A109 |  | 4349321 | 123350 | SH |  | OTR |  | 0 | 123350 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 6514285 | 184750 | SH |  | SOLE |  | 184750 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 2850771 | 80850 | SH |  | SOLE |  | 0 | 0 | 80850 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 6024213 | 37513 | SH |  | OTR |  | 0 | 37513 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 15743280 | 98034 | SH |  | SOLE |  | 98034 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 2026325 | 12618 | SH |  | OTR |  | 0 | 0 | 12618 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 4286776 | 30550 | SH |  | OTR |  | 0 | 30550 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 6479276 | 46175 | SH |  | SOLE |  | 46175 | 0 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 2806400 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 19566905 | 25350 | SH |  | OTR |  | 0 | 25350 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 2469212 | 3199 | SH |  | SOLE |  | 3199 | 0 | 0 |
| REYNOLDS CONSUMER PRODS INC | COM | 76171L106 |  | 2958972 | 129100 | SH |  | OTR |  | 0 | 129100 | 0 |
| REYNOLDS CONSUMER PRODS INC | COM | 76171L106 |  | 4412100 | 192500 | SH |  | SOLE |  | 192500 | 0 | 0 |
| REYNOLDS CONSUMER PRODS INC | COM | 76171L106 |  | 1912674 | 83450 | SH |  | SOLE |  | 0 | 0 | 83450 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 24033632 | 61772 | SH |  | OTR |  | 0 | 61772 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 14530986 | 37348 | SH |  | SOLE |  | 37348 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 1601801 | 4117 | SH |  | OTR |  | 0 | 0 | 4117 |
| ROSS STORES INC | COM | 778296103 |  | 12231506 | 67900 | SH |  | OTR |  | 0 | 67900 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 1510834 | 8387 | SH |  | SOLE |  | 8387 | 0 | 0 |
| RYAN SPECIALTY HOLDINGS INC | CL A | 78351F107 |  | 3397254 | 65800 | SH |  | OTR |  | 0 | 65800 | 0 |
| RYAN SPECIALTY HOLDINGS INC | CL A | 78351F107 |  | 5095881 | 98700 | SH |  | SOLE |  | 98700 | 0 | 0 |
| RYAN SPECIALTY HOLDINGS INC | CL A | 78351F107 |  | 2238161 | 43350 | SH |  | SOLE |  | 0 | 0 | 43350 |
| SALESFORCE INC | COM | 79466L302 |  | 4347968 | 16413 | SH |  | OTR |  | 0 | 16413 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 11799091 | 44540 | SH |  | SOLE |  | 44540 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 1481907 | 5594 | SH |  | OTR |  | 0 | 0 | 5594 |
| SCHNEIDER NATIONAL INC | CL B | 80689H102 |  | 3240640 | 122150 | SH |  | OTR |  | 0 | 122150 | 0 |
| SCHNEIDER NATIONAL INC | CL B | 80689H102 |  | 4851011 | 182850 | SH |  | SOLE |  | 182850 | 0 | 0 |
| SCHNEIDER NATIONAL INC | CL B | 80689H102 |  | 2133012 | 80400 | SH |  | SOLE |  | 0 | 0 | 80400 |
| SCOTTS MIRACLE-GRO CO | CL A | 810186106 |  | 4443353 | 76150 | SH |  | OTR |  | 0 | 76150 | 0 |
| SCOTTS MIRACLE-GRO CO | CL A | 810186106 |  | 6710250 | 115000 | SH |  | SOLE |  | 115000 | 0 | 0 |
| SCOTTS MIRACLE-GRO CO | CL A | 810186106 |  | 2899995 | 49700 | SH |  | SOLE |  | 0 | 0 | 49700 |
| SEACOAST BKG CORP FLA | COM NEW | 811707801 |  | 5185871 | 165050 | SH |  | OTR |  | 0 | 165050 | 0 |
| SEACOAST BKG CORP FLA | COM NEW | 811707801 |  | 7726178 | 245900 | SH |  | SOLE |  | 245900 | 0 | 0 |
| SEACOAST BKG CORP FLA | COM NEW | 811707801 |  | 3352514 | 106700 | SH |  | SOLE |  | 0 | 0 | 106700 |
| SIMPSON MFG INC | COM | 829073105 |  | 3100224 | 19200 | SH |  | OTR |  | 0 | 19200 | 0 |
| SIMPSON MFG INC | COM | 829073105 |  | 4642263 | 28750 | SH |  | SOLE |  | 28750 | 0 | 0 |
| SIMPSON MFG INC | COM | 829073105 |  | 2026449 | 12550 | SH |  | SOLE |  | 0 | 0 | 12550 |
| SLB LIMITED | COM STK | 806857108 |  | 6278316 | 163583 | SH |  | OTR |  | 0 | 163583 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 17292531 | 450561 | SH |  | SOLE |  | 450561 | 0 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 4688117 | 122150 | SH |  | OTR |  | 0 | 0 | 122150 |
| SOLARIS ENERGY INFRAS INC | COM CL A | 83418M103 |  | 23518252 | 511600 | SH |  | OTR |  | 0 | 511600 | 0 |
| SOLARIS ENERGY INFRAS INC | COM CL A | 83418M103 |  | 10338699 | 224901 | SH |  | SOLE |  | 224901 | 0 | 0 |
| SOLARIS ENERGY INFRAS INC | COM CL A | 83418M103 |  | 3512108 | 76400 | SH |  | SOLE |  | 0 | 0 | 76400 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 |  | 9959184 | 111550 | SH |  | OTR |  | 0 | 111550 | 0 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 |  | 990740 | 11097 | SH |  | SOLE |  | 11097 | 0 | 0 |
| SOUTHSTATE BK CORP | COM | 84472E102 |  | 26331978 | 279800 | SH |  | OTR |  | 0 | 279800 | 0 |
| SOUTHSTATE BK CORP | COM | 84472E102 |  | 11552003 | 122750 | SH |  | SOLE |  | 122750 | 0 | 0 |
| SOUTHSTATE BK CORP | COM | 84472E102 |  | 3792633 | 40300 | SH |  | SOLE |  | 0 | 0 | 40300 |
| STARBUCKS CORP | COM | 855244109 |  | 6822273 | 81015 | SH |  | OTR |  | 0 | 81015 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 18725778 | 222370 | SH |  | SOLE |  | 222370 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 2399143 | 28490 | SH |  | OTR |  | 0 | 0 | 28490 |
| STIFEL FINL CORP | COM | 860630102 |  | 20310684 | 162200 | SH |  | OTR |  | 0 | 162200 | 0 |
| STIFEL FINL CORP | COM | 860630102 |  | 2836233 | 22650 | SH |  | SOLE |  | 22650 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 4468739 | 45716 | SH |  | OTR |  | 0 | 45716 | 0 |
| TARGET CORP | COM | 87612E106 |  | 12170266 | 124504 | SH |  | SOLE |  | 124504 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 1529006 | 15642 | SH |  | OTR |  | 0 | 0 | 15642 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 19161837 | 127550 | SH |  | OTR |  | 0 | 127550 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 8059840 | 53650 | SH |  | SOLE |  | 53650 | 0 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 2583956 | 17200 | SH |  | SOLE |  | 0 | 0 | 17200 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 19599987 | 86150 | SH |  | OTR |  | 0 | 86150 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 2432992 | 10694 | SH |  | SOLE |  | 10694 | 0 | 0 |
| TECHNIPFMC PLC | COM | G87110105 |  | 15809888 | 354800 | SH |  | OTR |  | 0 | 354800 | 0 |
| TECHNIPFMC PLC | COM | G87110105 |  | 2138880 | 48000 | SH |  | SOLE |  | 48000 | 0 | 0 |
| TENNANT CO | COM | 880345103 |  | 3368090 | 45700 | SH |  | OTR |  | 0 | 45700 | 0 |
| TENNANT CO | COM | 880345103 |  | 5088985 | 69050 | SH |  | SOLE |  | 69050 | 0 | 0 |
| TENNANT CO | COM | 880345103 |  | 2155725 | 29250 | SH |  | SOLE |  | 0 | 0 | 29250 |
| TERADYNE INC | COM | 880770102 |  | 23672388 | 122300 | SH |  | OTR |  | 0 | 122300 | 0 |
| TERADYNE INC | COM | 880770102 |  | 13507778 | 69786 | SH |  | SOLE |  | 69786 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 1394213 | 7203 | SH |  | OTR |  | 0 | 0 | 7203 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 7319612 | 12632 | SH |  | OTR |  | 0 | 12632 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 20178187 | 34823 | SH |  | SOLE |  | 34823 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 2725153 | 4703 | SH |  | OTR |  | 0 | 0 | 4703 |
| TIMKEN CO | COM | 887389104 |  | 3743785 | 44500 | SH |  | OTR |  | 0 | 44500 | 0 |
| TIMKEN CO | COM | 887389104 |  | 5611471 | 66700 | SH |  | SOLE |  | 66700 | 0 | 0 |
| TIMKEN CO | COM | 887389104 |  | 2439770 | 29000 | SH |  | SOLE |  | 0 | 0 | 29000 |
| TORO CO | COM | 891092108 |  | 3688032 | 46850 | SH |  | OTR |  | 0 | 46850 | 0 |
| TORO CO | COM | 891092108 |  | 5506464 | 69950 | SH |  | SOLE |  | 69950 | 0 | 0 |
| TORO CO | COM | 891092108 |  | 2416704 | 30700 | SH |  | SOLE |  | 0 | 0 | 30700 |
| UMB FINL CORP | COM | 902788108 |  | 5918808 | 51450 | SH |  | OTR |  | 0 | 51450 | 0 |
| UMB FINL CORP | COM | 902788108 |  | 8878212 | 77175 | SH |  | SOLE |  | 77175 | 0 | 0 |
| UMB FINL CORP | COM | 902788108 |  | 3859592 | 33550 | SH |  | SOLE |  | 0 | 0 | 33550 |
| UNION PAC CORP | COM | 907818108 |  | 6205853 | 26828 | SH |  | OTR |  | 0 | 26828 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 16846342 | 72827 | SH |  | SOLE |  | 72827 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 2236864 | 9670 | SH |  | OTR |  | 0 | 0 | 9670 |
| UNITED RENTALS INC | COM | 911363109 |  | 5771261 | 7131 | SH |  | OTR |  | 0 | 7131 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 15865100 | 19603 | SH |  | SOLE |  | 19603 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 1999830 | 2471 | SH |  | OTR |  | 0 | 0 | 2471 |
| V F CORP | COM | 918204108 |  | 18521152 | 1024400 | SH |  | OTR |  | 0 | 1024400 | 0 |
| V F CORP | COM | 918204108 |  | 7137984 | 394800 | SH |  | SOLE |  | 394800 | 0 | 0 |
| V F CORP | COM | 918204108 |  | 2220224 | 122800 | SH |  | SOLE |  | 0 | 0 | 122800 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 3134080 | 23600 | SH |  | OTR |  | 0 | 23600 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 4711080 | 35475 | SH |  | SOLE |  | 35475 | 0 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 2031840 | 15300 | SH |  | SOLE |  | 0 | 0 | 15300 |
| VALMONT INDS INC | COM | 920253101 |  | 4204244 | 10450 | SH |  | OTR |  | 0 | 10450 | 0 |
| VALMONT INDS INC | COM | 920253101 |  | 6296308 | 15650 | SH |  | SOLE |  | 15650 | 0 | 0 |
| VALMONT INDS INC | COM | 920253101 |  | 2776008 | 6900 | SH |  | SOLE |  | 0 | 0 | 6900 |
| VENTAS INC | COM | 92276F100 |  | 17646509 | 228050 | SH |  | OTR |  | 0 | 228050 | 0 |
| VENTAS INC | COM | 92276F100 |  | 2507112 | 32400 | SH |  | SOLE |  | 32400 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 22001444 | 135803 | SH |  | OTR |  | 0 | 135803 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 12956750 | 79975 | SH |  | SOLE |  | 79975 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 1342253 | 8285 | SH |  | OTR |  | 0 | 0 | 8285 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 4089501 | 54900 | SH |  | OTR |  | 0 | 54900 | 0 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 6126803 | 82250 | SH |  | SOLE |  | 82250 | 0 | 0 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 2663018 | 35750 | SH |  | SOLE |  | 0 | 0 | 35750 |
| VULCAN MATLS CO | COM | 929160109 |  | 15901015 | 55750 | SH |  | OTR |  | 0 | 55750 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 2203325 | 7725 | SH |  | SOLE |  | 7725 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 1610877 | 14459 | SH |  | OTR |  | 0 | 0 | 14459 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 17818481 | 81100 | SH |  | OTR |  | 0 | 81100 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 2504694 | 11400 | SH |  | SOLE |  | 11400 | 0 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 4330128 | 17700 | SH |  | OTR |  | 0 | 17700 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 6476844 | 26475 | SH |  | SOLE |  | 26475 | 0 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 2776664 | 11350 | SH |  | SOLE |  | 0 | 0 | 11350 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 22472622 | 130450 | SH |  | OTR |  | 0 | 130450 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 15527729 | 90136 | SH |  | SOLE |  | 90136 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 1693931 | 9833 | SH |  | OTR |  | 0 | 0 | 9833 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 4299315 | 58146 | SH |  | OTR |  | 0 | 58146 | 0 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 11656641 | 157650 | SH |  | SOLE |  | 157650 | 0 | 0 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 1465639 | 19822 | SH |  | OTR |  | 0 | 0 | 19822 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 5634746 | 40300 | SH |  | OTR |  | 0 | 40300 | 0 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 8459110 | 60500 | SH |  | SOLE |  | 60500 | 0 | 0 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 3670275 | 26250 | SH |  | SOLE |  | 0 | 0 | 26250 |
| WOODWARD INC | COM | 980745103 |  | 19922888 | 65900 | SH |  | OTR |  | 0 | 65900 | 0 |
| WOODWARD INC | COM | 980745103 |  | 2766228 | 9150 | SH |  | SOLE |  | 9150 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 14568264 | 96300 | SH |  | OTR |  | 0 | 96300 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 2012024 | 13300 | SH |  | SOLE |  | 13300 | 0 | 0 |

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