# EDGAR Filing Document

**Accession Number:** 0001650149
**File Stem:** 0001193125-26-225936
**Filing Date:** 2026-5
**Character Count:** 114268
**Document Hash:** ae6d22a0cbaa5ad8ef0868c615554351
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-225936.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001193125-26-225936

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Series Portfolios Trust
- **CENTRAL INDEX KEY:** 0001650149

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23084
- **FILM NUMBER:** 26984615

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-6620

**MAIL ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Acuitas Small Cap Active ETF (Series ID: S000101069)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000271005 | Acuitas Small Cap Active ETF | AIMS            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Acuitas Small Cap Active ETF** | **Acuitas Small Cap Active ETF** | **Acuitas Small Cap Active ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** |
| **COMMON STOCKS - 94.4%** | **Shares**  | **Value**  |
| **Aerospace and Defense - 2.5%** | **Aerospace and Defense - 2.5%** | |
| Astronics Corp. <sup>(a)</sup> | 6149 | $410323 |
| Ducommun, Inc. <sup>(a)</sup> | 4074 | 497028 |
| Espey Mfg. & Electronics Corp. | 3191 | 176845 |
| Frequency Electronics, Inc. <sup>(a)</sup> | 3873 | 171419 |
| Park Aerospace Corp. | 11864 | 324836 |
| Planet Labs PBC <sup>(a)</sup> | 8220 | 229749 |
| York Space Systems, Inc. <sup>(a)</sup> | 1441 | 31947 |
|  |  | 1842147 |
| **Alternative Energy - 0.1%** | **Alternative Energy - 0.1%** |  |
| Centrus Energy Corp. - Class A <sup>(a)</sup> | 484 | 84018 |
| **Automobiles and Parts - 1.2%** | **Automobiles and Parts - 1.2%** |  |
| Atmus Filtration Technologies, Inc. | 12144 | 689415 |
| Monro, Inc. | 6628 | 106313 |
| Standard Motor Products, Inc. | 3035 | 105436 |
|  |  | 901164 |
| **Banks - 11.5%** | **Banks - 11.5%** |  |
| Banc of California, Inc. | 8002 | 140675 |
| Bank OZK | 10528 | 483130 |
| Bank7 Corp. | 4151 | 165542 |
| BOK Financial Corp. | 453 | 58011 |
| Bridgewater Bancshares, Inc. <sup>(a)</sup> | 20307 | 359434 |
| Burke & Herbert Financial Services Corp. | 1149 | 71571 |
| Business First Bancshares, Inc. | 25567 | 691332 |
| California BanCorp | 8717 | 154465 |
| Coastal Financial Corp. <sup>(a)</sup> | 10987 | 836111 |
| ConnectOne Bancorp, Inc. | 10128 | 271127 |
| Customers Bancorp, Inc. <sup>(a)</sup> | 2265 | 157214 |
| First Financial Corp. | 3861 | 244015 |
| First Western Financial, Inc. <sup>(a)</sup> | 3457 | 84973 |
| Five Star Bancorp | 5574 | 210251 |
| FS Bancorp, Inc. | 4477 | 172767 |
| GBank Financial Holdings, Inc. <sup>(a)</sup> | 8156 | 218255 |
| Heritage Financial Corp. | 7207 | 187382 |
| Live Oak Bancshares, Inc. | 7031 | 232515 |
| Merchants Bancorp | 5883 | 252440 |
| Metropolitan Bank Holding Corp. | 9404 | 783259 |
| MVB Financial Corp. | 2723 | 67612 |
| Northeast Bank | 3890 | 437119 |
| Pathward Financial, Inc. | 4045 | 360935 |
| Plumas Bancorp | 3602 | 175850 |
| Preferred Bank | 2150 | 194984 |
| Provident Financial Services, Inc. | 15176 | 321124 |
| QCR Holdings, Inc. | 2539 | 216958 |
| Triumph Financial, Inc. <sup>(a)</sup> | 14690 | 876405 |
|  |  | 8425456 |
| **Beverages - 0.5%** | **Beverages - 0.5%** |  |
| Vita Coco Co., Inc. <sup>(a)</sup> | 7184 | 344185 |
| **Chemicals - 0.7%** | **Chemicals - 0.7%** |  |
| Ashland, Inc. | 2103 | 116948 |
| Cabot Corp. | 5314 | 400197 |
|  |  | 517145 |
| **Construction and Materials - 4.7%** | **Construction and Materials - 4.7%** |  |
| Argan, Inc. | 815 | 443890 |
| Concrete Pumping Holdings, Inc. <sup>(a)</sup> | 12316 | 87936 |
| Fortune Brands Innovations, Inc. | 2911 | 113442 |
| Hudson Technologies, Inc. <sup>(a)</sup> | 30875 | 181545 |
| Janus International Group, Inc. <sup>(a)</sup> | 11634 | 59915 |
| Knife River Corp. <sup>(a)</sup> | 2991 | 244215 |
| Legence Corp. - Class A <sup>(a)</sup> | 3986 | 225050 |
| Limbach Holdings, Inc. <sup>(a)</sup> | 648 | 50576 |
| LSI Industries, Inc. | 4577 | 85132 |
| Mistras Group, Inc. <sup>(a)</sup> | 6654 | 98346 |
| Modine Manufacturing Co. <sup>(a)</sup> | 2795 | 605705 |
| MYR Group, Inc. <sup>(a)</sup> | 1322 | 373227 |
| Orion Group Holdings, Inc. <sup>(a)</sup> | 11427 | 124554 |
| Titan America SA | 15159 | 227082 |
| United States Lime & Minerals, Inc. | 2907 | 379683 |
| Willdan Group, Inc. <sup>(a)</sup> | 2298 | 175935 |
|  |  | 3476233 |
| **Consumer Services - 2.3%** | **Consumer Services - 2.3%** |  |
| Grand Canyon Education, Inc. <sup>(a)</sup> | 3095 | 526243 |
| Lincoln Educational Services Corp. <sup>(a)</sup> | 11417 | 464444 |
| Perdoceo Education Corp. | 11262 | 419059 |
| Universal Technical Institute, Inc. <sup>(a)</sup> | 8584 | 309882 |
|  |  | 1719628 |
| **Electronic and Electrical Equipment - 3.1%** | **Electronic and Electrical Equipment - 3.1%** |  |
| Allient, Inc. | 1079 | 63758 |
| Belden, Inc. | 3329 | 382269 |
| Helios Technologies, Inc. | 1047 | 67751 |
| Mesa Laboratories, Inc. | 7608 | 672699 |
| M-Tron Industries, Inc. <sup>(a)</sup> | 2119 | 141655 |
| Preformed Line Products Co. | 2566 | 694745 |
| Thermon Group Holdings, Inc. <sup>(a)</sup> | 2624 | 132250 |
| Transcat, Inc. <sup>(a)</sup> | 1171 | 86010 |
|  |  | 2241137 |
| **Finance and Credit Services - 0.4%** | **Finance and Credit Services - 0.4%** |  |
| Jefferson Capital, Inc. | 5900 | 113457 |
| PRA Group, Inc. <sup>(a)</sup> | 9164 | 160370 |
|  |  | 273827 |
| **Food Producers - 1.8%** | **Food Producers - 1.8%** |  |
| Limoneira Co. | 28820 | 386764 |
| Mama's Creations, Inc. <sup>(a)</sup> | 31981 | 490589 |
| Once Upon a Farm PBC <sup>(a)</sup> | 4207 | 68785 |
| Utz Brands, Inc. | 29860 | 236491 |
| Vital Farms, Inc. <sup>(a)</sup> | 10894 | 153823 |
|  |  | 1336452 |
| **Gas, Water and Multi-utilities - 2.2%** | **Gas, Water and Multi-utilities - 2.2%** |  |
| Black Hills Corp. | 6108 | 423956 |
| Chesapeake Utilities Corp. | 4013 | 507123 |
| Consolidated Water Co. Ltd. | 4955 | 164110 |
| Excelerate Energy, Inc. - Class A | 8651 | 289117 |
| UGI Corp. | 6127 | 223145 |
|  |  | 1607451 |
| **General Industrials - 1.7%** | **General Industrials - 1.7%** |  |
| AZZ, Inc. | 914 | 114369 |
| Core Molding Technologies, Inc. <sup>(a)</sup> | 3892 | 87181 |
| Enerpac Tool Group Corp. | 1681 | 61306 |
| Karat Packaging, Inc. | 23353 | 652016 |
| Tecnoglass, Inc. | 7355 | 327665 |
|  |  | 1242537 |
| **Health Care Providers - 3.8%** | **Health Care Providers - 3.8%** |  |
| Alignment Healthcare, Inc. <sup>(a)</sup> | 19079 | 336172 |
| Astrana Health, Inc. <sup>(a)</sup> | 22286 | 546453 |
| Healthcare Services Group, Inc. <sup>(a)</sup> | 20327 | 377066 |
| HealthStream, Inc. | 9041 | 187239 |
| National HealthCare Corp. | 1241 | 198188 |
| National Research Corp. | 10705 | 181771 |
| Pennant Group, Inc. <sup>(a)</sup> | 14169 | 431871 |
| Talkspace, Inc. <sup>(a)</sup> | 97190 | 502958 |
|  |  | 2761718 |
| **Household Goods and Home Construction - 2.0%** | **Household Goods and Home Construction - 2.0%** |  |
| Century Communities, Inc. | 1511 | 86701 |
| Cricut, Inc. - Class A | 43691 | 163404 |
| Flexsteel Industries, Inc. | 4350 | 195489 |
| Green Brick Partners, Inc. <sup>(a)</sup> | 6270 | 404102 |
| Helen of Troy Ltd. <sup>(a)</sup> | 12134 | 174972 |
| Interface, Inc. | 6313 | 157320 |
| Worthington Enterprises, Inc. | 5687 | 296520 |
|  |  | 1478508 |
| **Industrial Engineering - 2.5%** | **Industrial Engineering - 2.5%** |  |
| Columbus McKinnon Corp. | 4081 | 59297 |
| Douglas Dynamics, Inc. | 19290 | 811916 |
| Esab Corp. | 2211 | 213715 |
| Graham Corp. <sup>(a)</sup> | 4095 | 323177 |
| Hurco Cos., Inc. <sup>(a)</sup> | 3025 | 44498 |
| Hyster-Yale, Inc. | 5770 | 187583 |
| Lindsay Corp. | 1482 | 176462 |
|  |  | 1816648 |
| **Industrial Materials - 1.5%** | **Industrial Materials - 1.5%** |  |
| Almonty Industries, Inc. <sup>(a)</sup> | 19029 | 275540 |
| Koppers Holdings, Inc. | 15383 | 595015 |
| Taseko Mines Ltd. <sup>(a)</sup> | 37572 | 242339 |
|  |  | 1112894 |
| **Industrial Support Services - 3.0%** | **Industrial Support Services - 3.0%** |  |
| Alight, Inc. - Class A | 72669 | 42344 |
| Barrett Business Services, Inc. | 7896 | 230405 |
| Cimpress PLC <sup>(a)</sup> | 776 | 56648 |
| CRA International, Inc. | 537 | 86930 |
| DXP Enterprises, Inc. <sup>(a)</sup> | 2356 | 329204 |
| Ennis, Inc. | 9956 | 213257 |
| Evolv Technologies Holdings, Inc. <sup>(a)</sup> | 13920 | 84216 |
| I3 Verticals, Inc. - Class A <sup>(a)</sup> | 16464 | 368135 |
| ICF International, Inc. | 4172 | 272390 |
| Kelly Services, Inc. - Class A | 26771 | 236923 |
| Pitney Bowes, Inc. | 17855 | 197298 |
| Resources Connection, Inc. | 10942 | 40814 |
| TrueBlue, Inc. <sup>(a)</sup> | 16053 | 62767 |
|  |  | 2221331 |
| **Industrial Transportation - 2.4%** | **Industrial Transportation - 2.4%** |  |
| Aebi Schmidt Holding AG | 16167 | 156982 |
| Covenant Logistics Group, Inc. | 19748 | 536158 |
| FTAI Infrastructure, Inc. | 50583 | 249880 |
| Heartland Express, Inc. | 8400 | 87360 |
| Marten Transport Ltd. | 3516 | 46165 |
| McGrath RentCorp | 1177 | 129799 |
| Miller Industries, Inc. | 1012 | 46097 |
| Proficient Auto Logistics, Inc. <sup>(a)</sup> | 25356 | 171914 |
| Universal Logistics Holdings, Inc. | 7609 | 160854 |
| Wabash National Corp. | 23965 | 206578 |
|  |  | 1791787 |
| **Investment Banking and Brokerage Services - 2.4%** | **Investment Banking and Brokerage Services - 2.4%** |  |
| Perella Weinberg Partners | 36428 | 661532 |
| Ridgepost Capital, Inc. - Class A | 18654 | 135428 |
| Silvercrest Asset Management Group, Inc. - Class A | 6386 | 85828 |
| StoneX Group, Inc. <sup>(a)</sup> | 10383 | 837389 |
|  |  | 1720177 |
| **Leisure Goods - 0.2%** | **Leisure Goods - 0.2%** |  |
| Johnson Outdoors, Inc. - Class A | 957 | 44510 |
| Knowles Corp. <sup>(a)</sup> | 2640 | 67795 |
|  |  | 112305 |
| **Media - 0.8%** | **Media - 0.8%** |  |
| Emerald Holding, Inc. | 40055 | 180648 |
| National CineMedia, Inc. | 33030 | 100741 |
| Stagwell, Inc. <sup>(a)</sup> | 49733 | 312821 |
|  |  | 594210 |
| **Medical Equipment and Services - 8.0%** | **Medical Equipment and Services - 8.0%** |  |
| Alphatec Holdings, Inc. <sup>(a)</sup> | 20605 | 224182 |
| Artivion, Inc. <sup>(a)</sup> | 8755 | 320608 |
| AtriCure, Inc. <sup>(a)</sup> | 16392 | 467664 |
| Avanos Medical, Inc. <sup>(a)</sup> | 16687 | 233785 |
| Axogen, Inc. <sup>(a)</sup> | 7348 | 243439 |
| Billiontoone, Inc. <sup>(a)</sup> | 735 | 58021 |
| BioLife Solutions, Inc. <sup>(a)</sup> | 19814 | 378051 |
| iRadimed Corp. | 7515 | 723394 |
| IRhythm Holdings, Inc. <sup>(a)</sup> | 1277 | 150711 |
| Kestra Medical Technologies Ltd. <sup>(a)</sup> | 5833 | 116252 |
| LeMaitre Vascular, Inc. | 8680 | 947596 |
| Merit Medical Systems, Inc. <sup>(a)</sup> | 5928 | 408617 |
| Owlet, Inc. <sup>(a)</sup> | 7793 | 40056 |
| SI-BONE, Inc. <sup>(a)</sup> | 6693 | 84532 |
| Tactile Systems Technology, Inc. <sup>(a)</sup> | 7459 | 194904 |
| TransMedics Group, Inc. <sup>(a)</sup> | 731 | 72669 |
| UFP Technologies, Inc. <sup>(a)</sup> | 3403 | 658821 |
| Utah Medical Products, Inc. | 3038 | 188326 |
| Warby Parker, Inc. - Class A <sup>(a)</sup> | 18376 | 387182 |
|  |  | 5898810 |
| **Non-life Insurance - 2.2%** | **Non-life Insurance - 2.2%** |  |
| American Coastal Insurance Corp. | 11744 | 132120 |
| Crawford & Co. - Class A | 13059 | 130198 |
| International General Insurance Holdings Ltd. | 25944 | 628494 |
| Palomar Holdings, Inc. <sup>(a)</sup> | 4471 | 534285 |
| Stewart Information Services Corp. | 2792 | 171931 |
|  |  | 1597028 |
| **Oil, Gas and Coal - 5.8%** | **Oil, Gas and Coal - 5.8%** |  |
| CNX Resources Corp. <sup>(a)</sup> | 12183 | 469655 |
| Core Laboratories, Inc. | 8793 | 147634 |
| DMC Global, Inc. <sup>(a)</sup> | 24918 | 129823 |
| Energy Services of America Corp. | 14081 | 184883 |
| Kodiak Gas Services, Inc. | 11631 | 678320 |
| Magnolia Oil & Gas Corp. - Class A | 14092 | 444884 |
| Matrix Service Co. <sup>(a)</sup> | 11079 | 127187 |
| NPK International, Inc. <sup>(a)</sup> | 37589 | 544665 |
| Ranger Energy Services, Inc. - Class A | 11132 | 190802 |
| SandRidge Energy, Inc. | 11531 | 188071 |
| Select Water Solutions, Inc. | 20616 | 315425 |
| Solaris Energy Infrastructure, Inc. | 6817 | 385229 |
| TETRA Technologies, Inc. <sup>(a)</sup> | 20199 | 172095 |
| WaterBridge Infrastructure LLC - Class A | 8867 | 237547 |
|  |  | 4216220 |
| **Personal Care, Drug and Grocery Stores - 1.8%** | **Personal Care, Drug and Grocery Stores - 1.8%** |  |
| ACCO Brands Corp. | 51627 | 154881 |
| Edgewell Personal Care Co. | 5777 | 123281 |
| Guardian Pharmacy Services, Inc. - Class A <sup>(a)</sup> | 8389 | 315930 |
| Natural Grocers by Vitamin Cottage, Inc. | 6695 | 173066 |
| Oil-Dri Corp. of America | 8150 | 530483 |
|  |  | 1297641 |
| **Personal Goods - 1.0%** | **Personal Goods - 1.0%** |  |
| Canada Goose Holdings, Inc. <sup>(a)</sup> | 17947 | 196879 |
| Carter's, Inc. | 8762 | 313329 |
| Global-e Online Ltd. <sup>(a)</sup> | 6146 | 189604 |
| Rocky Brands, Inc. | 1468 | 56841 |
|  |  | 756653 |
| **Pharmaceuticals and Biotechnology - 4.0%** | **Pharmaceuticals and Biotechnology - 4.0%** |  |
| Adaptive Biotechnologies Corp. <sup>(a)</sup> | 9278 | 128779 |
| ADMA Biologics, Inc. <sup>(a)</sup> | 29225 | 263317 |
| ANI Pharmaceuticals, Inc. <sup>(a)</sup> | 4935 | 379501 |
| BioHarvest Sciences, Inc. <sup>(a)</sup> | 11576 | 50240 |
| HeartFlow, Inc. <sup>(a)</sup> | 5869 | 142793 |
| Ligand Pharmaceuticals, Inc. <sup>(a)</sup> | 3941 | 786821 |
| Mirum Pharmaceuticals, Inc. <sup>(a)</sup> | 3829 | 353723 |
| Phibro Animal Health Corp. - Class A | 13902 | 768919 |
| Vericel Corp. <sup>(a)</sup> | 2740 | 88146 |
|  |  | 2962239 |
| **Real Estate Investment and Services - 0.5%** | **Real Estate Investment and Services - 0.5%** |  |
| Cushman & Wakefield Ltd. <sup>(a)</sup> | 31044 | 380599 |
| **Retailers - 2.0%** | **Retailers - 2.0%** |  |
| American Eagle Outfitters, Inc. | 4176 | 69739 |
| Barnes & Noble Education, Inc. <sup>(a)</sup> | 20659 | 182419 |
| Boot Barn Holdings, Inc. <sup>(a)</sup> | 1110 | 162460 |
| Caleres, Inc. | 19837 | 209082 |
| Designer Brands, Inc. - Class A | 34224 | 194735 |
| GigaCloud Technology, Inc. - Class A <sup>(a)</sup> | 4392 | 199309 |
| Global Industrial Co. | 5900 | 185968 |
| J Jill, Inc. | 11525 | 132076 |
| Zumiez, Inc. <sup>(a)</sup> | 4572 | 101315 |
|  |  | 1437103 |
| **Software and Computer Services - 7.0%** | **Software and Computer Services - 7.0%** |  |
| Agilysys, Inc. <sup>(a)</sup> | 1440 | 102442 |
| Allot Ltd. <sup>(a)</sup> | 50093 | 333619 |
| Applied Digital Corp. <sup>(a)</sup> | 8567 | 203381 |
| Asure Software, Inc. <sup>(a)</sup> | 21490 | 184814 |
| ePlus, Inc. | 2112 | 158928 |
| Hackett Group, Inc. | 25860 | 336439 |
| Immersion Corp. | 29085 | 158804 |
| Innodata, Inc. <sup>(a)</sup> | 4448 | 171782 |
| JFrog Ltd. <sup>(a)</sup> | 1331 | 62464 |
| Karooooo Ltd. | 3982 | 198463 |
| nCino, Inc. <sup>(a)</sup> | 14438 | 216281 |
| OneSpan, Inc. | 32669 | 344005 |
| Paymentus Holdings, Inc. - Class A <sup>(a)</sup> | 10196 | 258978 |
| PDF Solutions, Inc. <sup>(a)</sup> | 19211 | 628392 |
| Pegasystems, Inc. | 7892 | 335883 |
| ReposiTrak, Inc. | 18571 | 141140 |
| Rimini Street, Inc. <sup>(a)</sup> | 58472 | 191788 |
| Silvaco Group, Inc. <sup>(a)</sup> | 14305 | 101279 |
| Terawulf, Inc. <sup>(a)</sup> | 32922 | 475064 |
| Workiva, Inc. <sup>(a)</sup> | 3528 | 210375 |
| Xometry, Inc. - Class A <sup>(a)</sup> | 6497 | 265337 |
| Zeta Global Holdings Corp. - Class A <sup>(a)</sup> | 4816 | 76671 |
|  |  | 5156329 |
| **Technology Hardware and Equipment - 5.9%** | **Technology Hardware and Equipment - 5.9%** |  |
| Adeia, Inc. | 38823 | 932917 |
| Aehr Test Systems <sup>(a)</sup> | 7308 | 270981 |
| Arteris, Inc. <sup>(a)</sup> | 10544 | 173343 |
| Benchmark Electronics, Inc. | 3454 | 193631 |
| Cohu, Inc. <sup>(a)</sup> | 9404 | 287950 |
| Daktronics, Inc. <sup>(a)</sup> | 9764 | 190886 |
| Ichor Holdings Ltd. <sup>(a)</sup> | 3526 | 164347 |
| NVE Corp. | 5911 | 387171 |
| PC Connection, Inc. | 2031 | 118732 |
| Penguin Solutions, Inc. <sup>(a)</sup> | 14160 | 249216 |
| Photronics, Inc. <sup>(a)</sup> | 10515 | 424911 |
| SiTime Corp. <sup>(a)</sup> | 266 | 91863 |
| Ultra Clean Holdings, Inc. <sup>(a)</sup> | 3548 | 220615 |
| Veeco Instruments, Inc. <sup>(a)</sup> | 17338 | 587065 |
|  |  | 4293628 |
| **Telecommunications Equipment - 1.9%** | **Telecommunications Equipment - 1.9%** |  |
| Applied Optoelectronics, Inc. <sup>(a)</sup> | 4487 | 379555 |
| Digi International, Inc. <sup>(a)</sup> | 12198 | 587944 |
| InterDigital, Inc. | 1056 | 318912 |
| Ribbon Communications, Inc. <sup>(a)</sup> | 50192 | 106407 |
|  |  | 1392818 |
| **Telecommunications Service Providers - 1.2%** | **Telecommunications Service Providers - 1.2%** |  |
| ATN International, Inc. | 7280 | 198162 |
| GCI Liberty, Inc. - Class C <sup>(a)</sup> | 7975 | 296750 |
| IDT Corp. - Class B | 4000 | 196400 |
| Ituran Location and Control Ltd. | 4055 | 198735 |
|  |  | 890047 |
| **Travel and Leisure - 1.6%** | **Travel and Leisure - 1.6%** |  |
| Allegiant Travel Co. <sup>(a)</sup> | 2463 | 199601 |
| Bloomin' Brands, Inc. | 13958 | 75373 |
| First Watch Restaurant Group, Inc. <sup>(a)</sup> | 8720 | 91386 |
| Kura Sushi USA, Inc. - Class A <sup>(a)</sup> | 4233 | 295421 |
| Red Rock Resorts, Inc. - Class A | 10021 | 534721 |
|  |  | 1196502 |
| **Waste and Disposal Services - 0.2%** | **Waste and Disposal Services - 0.2%** |  |
| Perma-Fix Environmental Services, Inc. <sup>(a)</sup> | 10390 | 111069 |
| **TOTAL COMMON STOCKS** (Cost $73,167,051) | **TOTAL COMMON STOCKS** (Cost $73,167,051) | 69207644 |
| **REAL ESTATE INVESTMENT TRUSTS - 3.1%** | **Shares**  | **Value**  |
| **Real Estate - 3.1%** | **Real Estate - 3.1%** |  |
| Alexandria Real Estate Equities, Inc. | 2037 | 94557 |
| Brandywine Realty Trust | 51266 | 138931 |
| Centerspace | 4687 | 269268 |
| Chatham Lodging Trust | 26635 | 209617 |
| Chiron Real Estate, Inc. | 4341 | 143600 |
| CubeSmart | 6232 | 228403 |
| Curbline Properties Corp. | 7901 | 203767 |
| Global Net Lease, Inc. | 15877 | 148609 |
| Ryman Hospitality Properties, Inc. | 5945 | 548545 |
| Strawberry Fields REIT, Inc. | 27133 | 322883 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $2,460,523) | **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $2,460,523) | 2308180 |
| **RIGHTS - 0.0% <sup>(b)</sup>** | **Shares**  | **Value**  |
| **Computer and Electronic Product Manufacturing *-* 0.0% <sup>(b)</sup>** | **Computer and Electronic Product Manufacturing *-* 0.0% <sup>(b)</sup>** |  |
| M-Tron Industries, Inc., Expires 04/22/2026 <sup>(a)</sup> | 1860 | 3906 |
| **TOTAL RIGHTS** (Cost $0) | **TOTAL RIGHTS** (Cost $0) | 3906 |
| **SHORT-TERM INVESTMENTS - 2.4%** | **Shares**  | **Value**  |
| **Money Market Funds – 2.4%** |  |  |
| First American Government Obligations Fund - Class X, 3.58% <sup>(c)</sup> | 1777883 | 1777883 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $1,777,883) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $1,777,883) | 1777883 |
| **TOTAL INVESTMENTS - 99.9% (**Cost $77,405,457**)** | **TOTAL INVESTMENTS - 99.9% (**Cost $77,405,457**)** | 73297613 |
| Other Assets in Excess of Liabilities - 0.1% | Other Assets in Excess of Liabilities - 0.1% | 37778 |
| **TOTAL NET ASSETS - 100.0%** |  | $73335391 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

LLC - Limited Liability Company <br> PLC - Public Limited Company <br> REIT - Real Estate Investment Trust

(a) Non-income producing security.

(b) Represents less than 0.05% of net assets.

(c) The rate shown represents the 7-day annualized yield as of March 31, 2026.

------

#### Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)
Acuitas Small Cap Active ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments at Fair Value:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $69207644 | $– | $– | $69207644 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts | 2308180 | – | – | 2308180 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Rights | 3906 | – | – | 3906 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 1777883 | – | – | 1777883 |
| Total Investments in Securities | $73297613 | $– | $– | $73297613 |
| Refer to the Schedule of Investments for further information on the classification of investments. As of the period ended March 31, 2026, the Funds did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. | Refer to the Schedule of Investments for further information on the classification of investments. As of the period ended March 31, 2026, the Funds did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. | Refer to the Schedule of Investments for further information on the classification of investments. As of the period ended March 31, 2026, the Funds did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. | Refer to the Schedule of Investments for further information on the classification of investments. As of the period ended March 31, 2026, the Funds did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. | Refer to the Schedule of Investments for further information on the classification of investments. As of the period ended March 31, 2026, the Funds did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Series Portfolios Trust

- **b. Investment Company Act file number:** 811-23084

- **c. CIK number of Registrant:** 0001650149

- **d. LEI of Registrant:** 5493008VNHP5UNYJ3713

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-765-6047

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

- **a. Name of Series:** Acuitas Small Cap Active ETF

- **b. EDGAR series identifier (if any):** S000101069

- **c. LEI of Series:** 5299001Q1J9GEJQ49N37

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $73384115.66

**Total Liabilities:** $48724.54

**Net Assets:** $73335391.12

**Cash Not Reported:** $143.55

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000271005 | 0.00%                | -1.33%               | -4.36%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $-59193.76               | $-1003324.24                               |
| Month 3  | $-338490.18              | $-3104519.51                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Aehr Test Systems              | Aehr Test Systems                            | CUSIP: 00760J108<br>LEI: 529900A4GWWZFRU2RE97 | Long             | EC               | CORP              | US        |      7308 | NS      | $270980.64    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters Inc  | American Eagle Outfitters Inc                | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |      4176 | NS      | $69739.20     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of California Inc         | Banc of California Inc                       | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |      8002 | NS      | $140675.16    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| York Space Systems Inc         | York Space Systems Inc                       | CUSIP: 987084100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1441 | NS      | $31946.97     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BioLife Solutions Inc          | BioLife Solutions Inc                        | CUSIP: 09062W204<br>LEI: 549300G2IVCMC2TJDW72 | Long             | EC               | CORP              | US        |     19814 | NS      | $378051.12    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp               | Black Hills Corp                             | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |      6108 | NS      | $423956.28    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Concrete Pumping Holdings Inc  | Concrete Pumping Holdings Inc                | CUSIP: 206704108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12316 | NS      | $87936.24     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cricut Inc                     | Cricut Inc                                   | CUSIP: 22658D100<br>LEI: 254900R3DKAJ28MC0Q39 | Long             | EC               | CORP              | US        |     43691 | NS      | $163404.34    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Artivion Inc                   | Artivion Inc                                 | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |      8755 | NS      | $320608.10    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                      | CubeSmart                                    | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6232 | NS      | $228402.80    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| DXP Enterprises Inc/TX         | DXP Enterprises Inc/TX                       | CUSIP: 233377407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2356 | NS      | $329203.88    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund   | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1777883 | NS      | $1777883.04   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Infrastructure Inc        | FTAI Infrastructure Inc                      | CUSIP: 35953C106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50583 | NS      | $249880.02    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Industrial Co           | Global Industrial Co                         | CUSIP: 37892E102<br>LEI: 5493000GO8Z3HEWCGE46 | Long             | EC               | CORP              | US        |      5900 | NS      | $185968.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Immersion Corp                 | Immersion Corp                               | CUSIP: 452521107<br>LEI: 529900AKNC1UAMQ2YB35 | Long             | EC               | CORP              | US        |     29085 | NS      | $158804.10    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Innodata Inc                   | Innodata Inc                                 | CUSIP: 457642205<br>LEI: L9O7MPYIT56T6KBE0R95 | Long             | EC               | CORP              | US        |      4448 | NS      | $171781.76    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Karat Packaging Inc            | Karat Packaging Inc                          | CUSIP: 48563L101<br>LEI: 549300JYUKCQP3P8D632 | Long             | EC               | CORP              | US        |     23353 | NS      | $652015.76    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Koppers Holdings Inc           | Koppers Holdings Inc                         | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15383 | NS      | $595014.44    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Kura Sushi USA Inc             | Kura Sushi USA Inc                           | CUSIP: 501270102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4233 | NS      | $295421.07    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Legence Corp                   | Legence Corp                                 | CUSIP: 52476L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3986 | NS      | $225049.56    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Educational Services C | Lincoln Educational Services Corp            | CUSIP: 533535100<br>LEI: 549300BJ55KUY6RG7L98 | Long             | EC               | CORP              | US        |     11417 | NS      | $464443.56    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                   | Lindsay Corp                                 | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |      1482 | NS      | $176461.74    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                   | Agilysys Inc                                 | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |      1440 | NS      | $102441.60    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Aerospace Corp            | Park Aerospace Corp                          | CUSIP: 70014A104<br>LEI: 5299004AG0G7IB636095 | Long             | EC               | CORP              | US        |     11864 | NS      | $324836.32    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties I | Ryman Hospitality Properties Inc             | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |      5945 | NS      | $548545.15    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Energy Infrastructure  | Solaris Energy Infrastructure Inc            | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |      6817 | NS      | $385228.67    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Strawberry Fields REIT Inc     | Strawberry Fields REIT Inc                   | CUSIP: 863182101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27133 | NS      | $322882.70    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCO Brands Corp               | ACCO Brands Corp                             | CUSIP: 00081T108<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | EC               | CORP              | US        |     51627 | NS      | $154881.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Adaptive Biotechnologies Corp  | Adaptive Biotechnologies Corp                | CUSIP: 00650F109<br>LEI: 549300ZTF7OT1FW66Q96 | Long             | EC               | CORP              | US        |      9278 | NS      | $128778.64    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Digital Corp           | Applied Digital Corp                         | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |      8567 | NS      | $203380.58    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Avanos Medical Inc             | Avanos Medical Inc                           | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |     16687 | NS      | $233784.87    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                       | Bank OZK                                     | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |     10528 | NS      | $483129.92    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc                     | Belden Inc                                   | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |      3329 | NS      | $382269.07    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbus McKinnon Corp/NY      | Columbus McKinnon Corp/NY                    | CUSIP: 199333105<br>LEI: 549300W3HQB0HO1F3G69 | Long             | EC               | CORP              | US        |      4081 | NS      | $59296.93     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Designer Brands Inc            | Designer Brands Inc                          | CUSIP: 250565108<br>LEI: 549300X8J6FI8PPRK859 | Long             | EC               | CORP              | US        |     34224 | NS      | $194734.56    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc         | Digi International Inc                       | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     12198 | NS      | $587943.60    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerald Holding Inc            | Emerald Holding Inc                          | CUSIP: 29103W104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40055 | NS      | $180648.05    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Excelerate Energy Inc          | Excelerate Energy Inc                        | CUSIP: 30069T101<br>LEI: 254900J6DPU4HB368I65 | Long             | EC               | CORP              | US        |      8651 | NS      | $289116.42    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| GCI Liberty Inc                | GCI Liberty Inc                              | CUSIP: 36164V800<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7975 | NS      | $296749.75    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield Ltd        | Cushman & Wakefield Ltd                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     31044 | NS      | $380599.44    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Aebi Schmidt Holding AG        | Aebi Schmidt Holding AG                      | CUSIP: N/A<br>LEI: 506700TN58RT735OV464       | Long             | EC               | CORP              | CH        |     16167 | NS      | $156981.57    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Matrix Service Co              | Matrix Service Co                            | CUSIP: 576853105<br>LEI: 529900VYBKSX6HD2YW58 | Long             | EC               | CORP              | US        |     11079 | NS      | $127186.92    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc      | Merit Medical Systems Inc                    | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |      5928 | NS      | $408617.04    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc     | Thermon Group Holdings Inc                   | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |      2624 | NS      | $132249.60    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                       | UGI Corp                                     | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |      6127 | NS      | $223145.34    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Logistics Holdings I | Universal Logistics Holdings Inc             | CUSIP: 91388P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7609 | NS      | $160854.26    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GigaCloud Technology Inc       | GigaCloud Technology Inc                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      4392 | NS      | $199308.96    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen of Troy Ltd              | Helen of Troy Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     12134 | NS      | $174972.28    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ituran Location and Control Lt | Ituran Location and Control Ltd              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |      4055 | NS      | $198735.55    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| PDF Solutions Inc              | PDF Solutions Inc                            | CUSIP: 693282105<br>LEI: 549300GMSP6MROFBI160 | Long             | EC               | CORP              | US        |     19211 | NS      | $628391.81    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc                 | Photronics Inc                               | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |     10515 | NS      | $424911.15    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Labs PBC                | Planet Labs PBC                              | CUSIP: 72703X106<br>LEI: 254900Q7PVI3HTQBRB44 | Long             | EC               | CORP              | US        |      8220 | NS      | $229749.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank/Los Angeles CA  | Preferred Bank/Los Angeles CA                | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |      2150 | NS      | $194983.50    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Terawulf Inc                   | Terawulf Inc                                 | CUSIP: 88080T104<br>LEI: 254900CVMW1SX2T78A64 | Long             | EC               | CORP              | US        |     32922 | NS      | $475064.46    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA Technologies Inc         | TETRA Technologies Inc                       | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |     20199 | NS      | $172095.48    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc       | Ultra Clean Holdings Inc                     | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |      3548 | NS      | $220614.64    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Technical Institute  | Universal Technical Institute Inc            | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |      8584 | NS      | $309882.40    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Utah Medical Products Inc      | Utah Medical Products Inc                    | CUSIP: 917488108<br>LEI: 5493002R27BBGV8DID60 | Long             | EC               | CORP              | US        |      3038 | NS      | $188325.62    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vericel Corp                   | Vericel Corp                                 | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Long             | EC               | CORP              | US        |      2740 | NS      | $88145.80     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vita Coco Co Inc/The           | Vita Coco Co Inc/The                         | CUSIP: 92846Q107<br>LEI: 54930020WXOAWHR85Y25 | Long             | EC               | CORP              | US        |      7184 | NS      | $344185.44    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Warby Parker Inc               | Warby Parker Inc                             | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18376 | NS      | $387182.32    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Workiva Inc                    | Workiva Inc                                  | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |      3528 | NS      | $210374.64    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Enterprises Inc    | Worthington Enterprises Inc                  | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |      5687 | NS      | $296520.18    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ANI Pharmaceuticals Inc        | ANI Pharmaceuticals Inc                      | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |      4935 | NS      | $379501.50    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                        | AZZ Inc                                      | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |       914 | NS      | $114368.82    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Adeia Inc                      | Adeia Inc                                    | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38823 | NS      | $932916.69    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Almonty Industries Inc         | Almonty Industries Inc                       | CUSIP: 020398707<br>LEI: 54930049R1BTGV5RJ021 | Long             | EC               | CORP              | CA        |     19029 | NS      | $275539.92    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphatec Holdings Inc          | Alphatec Holdings Inc                        | CUSIP: 02081G201<br>LEI: 549300EZE8CQ8K65FS24 | Long             | EC               | CORP              | US        |     20605 | NS      | $224182.40    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Optoelectronics Inc    | Applied Optoelectronics Inc                  | CUSIP: 03823U102<br>LEI: 529900I8U6Q5SYDNLT48 | Long             | EC               | CORP              | US        |      4487 | NS      | $379555.33    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank7 Corp                     | Bank7 Corp                                   | CUSIP: 06652N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4151 | NS      | $165541.88    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services Inc  | Barrett Business Services Inc                | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |      7896 | NS      | $230405.28    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Billiontoone Inc               | Billiontoone Inc                             | CUSIP: 090168105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       735 | NS      | $58020.90     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BioHarvest Sciences Inc        | BioHarvest Sciences Inc                      | CUSIP: 09076J207<br>LEI: 549300FZ6YR4YH454R70 | Long             | EC               | CORP              | CA        |     11576 | NS      | $50239.84     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgewater Bancshares Inc     | Bridgewater Bancshares Inc                   | CUSIP: 108621103<br>LEI: 5493001FLSBTVILKXZ71 | Long             | EC               | CORP              | US        |     20307 | NS      | $359433.90    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CRA International Inc          | CRA International Inc                        | CUSIP: 12618T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       537 | NS      | $86929.56     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc        | Century Communities Inc                      | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |      1511 | NS      | $86701.18     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp      | Chesapeake Utilities Corp                    | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |      4013 | NS      | $507122.81    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Laboratories Inc          | Core Laboratories Inc                        | CUSIP: 21867A105<br>LEI: 984500040P5J07V43135 | Long             | EC               | CORP              | US        |      8793 | NS      | $147634.47    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions Inc     | Select Water Solutions Inc                   | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |     20616 | NS      | $315424.80    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc               | StoneX Group Inc                             | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |     10383 | NS      | $837388.95    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Talkspace Inc                  | Talkspace Inc                                | CUSIP: 87427V103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97190 | NS      | $502958.25    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Cimpress PLC                   | Cimpress PLC                                 | CUSIP: N/A<br>LEI: 549300X1IFD75XISOR81       | Long             | EC               | CORP              | IE        |       776 | NS      | $56648.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp               | Knife River Corp                             | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2991 | NS      | $244215.15    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| LeMaitre Vascular Inc          | LeMaitre Vascular Inc                        | CUSIP: 525558201<br>LEI: 549300FZUBUB7MHY8R17 | Long             | EC               | CORP              | US        |      8680 | NS      | $947595.60    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| M-Tron Industries Inc          | M-Tron Industries Inc                        | CUSIP: 55380K109<br>LEI: 529900ECYL9SLLCSE931 | Long             | EC               | CORP              | US        |      2119 | NS      | $141655.15    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Mama's Creations Inc           | Mama's Creations Inc                         | CUSIP: 56146T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31981 | NS      | $490588.54    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Pathward Financial Inc         | Pathward Financial Inc                       | CUSIP: 59100U108<br>LEI: 5493004X52BH1NBLW813 | Long             | EC               | CORP              | US        |      4045 | NS      | $360935.35    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Owlet Inc                      | Owlet Inc                                    | CUSIP: 69120X206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7793 | NS      | $40056.02     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Paymentus Holdings Inc         | Paymentus Holdings Inc                       | CUSIP: 70439P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10196 | NS      | $258978.40    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Axogen Inc                     | Axogen Inc                                   | CUSIP: 05463X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7348 | NS      | $243439.24    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital Inc               | InterDigital Inc                             | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1056 | NS      | $318912.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Outdoors Inc           | Johnson Outdoors Inc                         | CUSIP: 479167108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       957 | NS      | $44510.07     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ligand Pharmaceuticals Inc     | Ligand Pharmaceuticals Inc                   | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |      3941 | NS      | $786820.65    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Marten Transport Ltd           | Marten Transport Ltd                         | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3516 | NS      | $46165.08     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| McGrath RentCorp               | McGrath RentCorp                             | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |      1177 | NS      | $129799.56    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| International General Insuranc | International General Insurance Holdings Ltd | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JO        |     25944 | NS      | $628493.40    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc     | Grand Canyon Education Inc                   | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |      3095 | NS      | $526242.85    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Hackett Group Inc/The          | Hackett Group Inc/The                        | CUSIP: 404609109<br>LEI: 5K016KLIRB6156644289 | Long             | EC               | CORP              | US        |     25860 | NS      | $336438.60    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Financial Corp/WA     | Heritage Financial Corp/WA                   | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7207 | NS      | $187382.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mistras Group Inc              | Mistras Group Inc                            | CUSIP: 60649T107<br>LEI: 5493000CMNXVLND3FU73 | Long             | EC               | CORP              | US        |      6654 | NS      | $98346.12     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Motor Products Inc    | Standard Motor Products Inc                  | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |      3035 | NS      | $105435.90    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Tactile Systems Technology Inc | Tactile Systems Technology Inc               | CUSIP: 87357P100<br>LEI: 54930069VDTITHOTKJ98 | Long             | EC               | CORP              | US        |      7459 | NS      | $194903.67    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Taseko Mines Ltd               | Taseko Mines Ltd                             | CUSIP: 876511106<br>LEI: 549300XKUO1JSLU7KX54 | Long             | EC               | CORP              | CA        |     37572 | NS      | $242339.40    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies Inc           | UFP Technologies Inc                         | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |      3403 | NS      | $658820.80    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Willdan Group Inc              | Willdan Group Inc                            | CUSIP: 96924N100<br>LEI: 529900YQO0LF5VAEKN05 | Long             | EC               | CORP              | US        |      2298 | NS      | $175934.88    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Xometry Inc                    | Xometry Inc                                  | CUSIP: 98423F109<br>LEI: 5493006JFRGU7YRRXE44 | Long             | EC               | CORP              | US        |      6497 | NS      | $265337.48    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan America SA               | Titan America SA                             | CUSIP: N/A<br>LEI: 9845007APCB6462D6C46       | Long             | EC               | CORP              | BE        |     15159 | NS      | $227081.82    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Utz Brands Inc                 | Utz Brands Inc                               | CUSIP: 918090101<br>LEI: 5299009BHBU2NH5HRN16 | Long             | EC               | CORP              | US        |     29860 | NS      | $236491.20    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ADMA Biologics Inc             | ADMA Biologics Inc                           | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29225 | NS      | $263317.25    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Alignment Healthcare Inc       | Alignment Healthcare Inc                     | CUSIP: 01625V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19079 | NS      | $336171.98    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Alight Inc                     | Alight Inc                                   | CUSIP: 01626W101<br>LEI: 549300600ESCO1HTVN74 | Long             | EC               | CORP              | US        |     72669 | NS      | $42344.23     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Allient Inc                    | Allient Inc                                  | CUSIP: 019330109<br>LEI: 549300I2LHAWYGNBPM97 | Long             | EC               | CORP              | US        |      1079 | NS      | $63758.11     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan Inc                      | Argan Inc                                    | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |       815 | NS      | $443889.75    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland Inc                    | Ashland Inc                                  | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |      2103 | NS      | $116947.83    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies  | Atmus Filtration Technologies Inc            | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12144 | NS      | $689414.88    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Monro Inc                      | Monro Inc                                    | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6628 | NS      | $106313.12    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| National CineMedia Inc         | National CineMedia Inc                       | CUSIP: 635309206<br>LEI: 5493000MOLIVSOGKEB48 | Long             | EC               | CORP              | US        |     33030 | NS      | $100741.50    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NPK International Inc          | NPK International Inc                        | CUSIP: 651718504<br>LEI: 54930073OHWDQW4DJN26 | Long             | EC               | CORP              | US        |     37589 | NS      | $544664.61    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners      | Perella Weinberg Partners                    | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36428 | NS      | $661532.48    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Perma-Fix Environmental Servic | Perma-Fix Environmental Services Inc         | CUSIP: 714157203<br>LEI: 54930015OVD1T5P12U15 | Long             | EC               | CORP              | US        |     10390 | NS      | $111069.10    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Red Rock Resorts Inc           | Red Rock Resorts Inc                         | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10021 | NS      | $534720.56    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvercrest Asset Management G | Silvercrest Asset Management Group Inc       | CUSIP: 828359109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6386 | NS      | $85827.84     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcat Inc                   | Transcat Inc                                 | CUSIP: 893529107<br>LEI: 54930081E40TSSHUOS40 | Long             | EC               | CORP              | US        |      1171 | NS      | $86009.95     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeco Instruments Inc          | Veeco Instruments Inc                        | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |     17338 | NS      | $587064.68    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Zeta Global Holdings Corp      | Zeta Global Holdings Corp                    | CUSIP: 98956A105<br>LEI: 2549008P9XSJQHGQ9S27 | Long             | EC               | CORP              | US        |      4816 | NS      | $76670.72     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Allot Ltd                      | Allot Ltd                                    | CUSIP: N/A<br>LEI: 5493008MLSB5KCVNRK06       | Long             | EC               | CORP              | IL        |     50093 | NS      | $333619.38    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services Inc        | Kodiak Gas Services Inc                      | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11631 | NS      | $678319.92    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| LSI Industries Inc             | LSI Industries Inc                           | CUSIP: 50216C108<br>LEI: 529900HY42OANH6BVT33 | Long             | EC               | CORP              | US        |      4577 | NS      | $85132.20     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Limbach Holdings Inc           | Limbach Holdings Inc                         | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |       648 | NS      | $50576.40     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Limoneira Co                   | Limoneira Co                                 | CUSIP: 532746104<br>LEI: 549300UCPZVJGYHI7550 | Long             | EC               | CORP              | US        |     28820 | NS      | $386764.40    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Oak Bancshares Inc        | Live Oak Bancshares Inc                      | CUSIP: 53803X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7031 | NS      | $232515.17    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropolitan Bank Holding Corp | Metropolitan Bank Holding Corp               | CUSIP: 591774104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9404 | NS      | $783259.16    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Miller Industries Inc/TN       | Miller Industries Inc/TN                     | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |      1012 | NS      | $46096.60     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirum Pharmaceuticals Inc      | Mirum Pharmaceuticals Inc                    | CUSIP: 604749101<br>LEI: 254900YZKR40F7F27K81 | Long             | EC               | CORP              | US        |      3829 | NS      | $353723.02    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| National HealthCare Corp       | National HealthCare Corp                     | CUSIP: 635906100<br>LEI: 254900PTS11LS1JS2752 | Long             | EC               | CORP              | US        |      1241 | NS      | $198187.70    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| National Research Corp         | National Research Corp                       | CUSIP: 637372202<br>LEI: 549300FQIORB6GZCYT15 | Long             | EC               | CORP              | US        |     10705 | NS      | $181770.90    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection Inc              | PC Connection Inc                            | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |      2031 | NS      | $118732.26    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc           | Palomar Holdings Inc                         | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |      4471 | NS      | $534284.50    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Pennant Group Inc/The          | Pennant Group Inc/The                        | CUSIP: 70805E109<br>LEI: 5493007H2OYR6BYLDA64 | Long             | EC               | CORP              | US        |     14169 | NS      | $431871.12    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil-Dri Corp of America        | Oil-Dri Corp of America                      | CUSIP: 677864100<br>LEI: 549300RSG5KPUH16WH66 | Long             | EC               | CORP              | US        |      8150 | NS      | $530483.50    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions Inc          | Penguin Solutions Inc                        | CUSIP: 706915105<br>LEI: 254900DVWIPOY3GJ8E23 | Long             | EC               | CORP              | US        |     14160 | NS      | $249216.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes Inc               | Pitney Bowes Inc                             | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |     17855 | NS      | $197297.75    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust        | Brandywine Realty Trust                      | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |     51266 | NS      | $138930.86    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Business First Bancshares Inc  | Business First Bancshares Inc                | CUSIP: 12326C105<br>LEI: 549300ILTC50KHDX4A08 | Long             | EC               | CORP              | US        |     25567 | NS      | $691331.68    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Cabot Corp                     | Cabot Corp                                   | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               | CORP              | US        |      5314 | NS      | $400197.34    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corp/WA      | Coastal Financial Corp/WA                    | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |     10987 | NS      | $836110.70    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Covenant Logistics Group Inc   | Covenant Logistics Group Inc                 | CUSIP: 22284P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19748 | NS      | $536158.20    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp       | Curbline Properties Corp                     | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |      7901 | NS      | $203766.79    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                   | Ducommun Inc                                 | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |      4074 | NS      | $497028.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewell Personal Care Co      | Edgewell Personal Care Co                    | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |      5777 | NS      | $123281.18    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equitie | Alexandria Real Estate Equities Inc          | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |      2037 | NS      | $94557.54     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co            | Allegiant Travel Co                          | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |      2463 | NS      | $199601.52    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Astrana Health Inc             | Astrana Health Inc                           | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |     22286 | NS      | $546452.72    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Kelly Services Inc             | Kelly Services Inc                           | CUSIP: 488152208<br>LEI: 25490035B2ZPL6RM1974 | Long             | EC               | CORP              | US        |     26771 | NS      | $236923.35    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Mesa Laboratories Inc          | Mesa Laboratories Inc                        | CUSIP: 59064R109<br>LEI: 549300ZCG738WLX8ZW79 | Long             | EC               | CORP              | US        |      7608 | NS      | $672699.36    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| OneSpan Inc                    | OneSpan Inc                                  | CUSIP: 68287N100<br>LEI: 984500E502E6DC354D26 | Long             | EC               | CORP              | US        |     32669 | NS      | $344004.57    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Group Holdings Inc       | Orion Group Holdings Inc                     | CUSIP: 68628V308<br>LEI: 549300KBVXPV9Q3CT222 | Long             | EC               | CORP              | US        |     11427 | NS      | $124554.30    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ReposiTrak Inc                 | ReposiTrak Inc                               | CUSIP: 700215304<br>LEI: 5299008X1VJFCKZ94E34 | Long             | EC               | CORP              | US        |     18571 | NS      | $141139.60    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Phibro Animal Health Corp      | Phibro Animal Health Corp                    | CUSIP: 71742Q106<br>LEI: 549300U24SP4AF2JUX52 | Long             | EC               | CORP              | US        |     13902 | NS      | $768919.62    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ribbon Communications Inc      | Ribbon Communications Inc                    | CUSIP: 762544104<br>LEI: 549300L1E8Z8RL7CUL52 | Long             | EC               | CORP              | US        |     50192 | NS      | $106407.04    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocky Brands Inc               | Rocky Brands Inc                             | CUSIP: 774515100<br>LEI: 5299004HQ6GCTW838N96 | Long             | EC               | CORP              | US        |      1468 | NS      | $56840.96     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Dynamics Inc           | Douglas Dynamics Inc                         | CUSIP: 25960R105<br>LEI: 529900CDFLKNQ0QT6580 | Long             | EC               | CORP              | US        |     19290 | NS      | $811916.10    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GBank Financial Holdings Inc   | GBank Financial Holdings Inc                 | CUSIP: 36166F100<br>LEI: 9845008U7CD30F9F5754 | Long             | EC               | CORP              | US        |      8156 | NS      | $218254.56    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Corp                    | Graham Corp                                  | CUSIP: 384556106<br>LEI: 254900EI9P4LTY524J77 | Long             | EC               | CORP              | US        |      4095 | NS      | $323177.40    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| IRhythm Holdings Inc           | IRhythm Holdings Inc                         | CUSIP: 450056106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1277 | NS      | $150711.54    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferson Capital Inc          | Jefferson Capital Inc                        | CUSIP: 47248R103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5900 | NS      | $113457.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Farms Inc                | Vital Farms Inc                              | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |     10894 | NS      | $153823.28    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Global-e Online Ltd            | Global-e Online Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |      6146 | NS      | $189604.10    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd                      | JFrog Ltd                                    | CUSIP: N/A<br>LEI: 2549002N8E00AY49G567       | Long             | EC               | CORP              | US        |      1331 | NS      | $62463.83     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BOK Financial Corp             | BOK Financial Corp                           | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |       453 | NS      | $58011.18     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloomin' Brands Inc            | Bloomin' Brands Inc                          | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |     13958 | NS      | $75373.20     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Caleres Inc                    | Caleres Inc                                  | CUSIP: 129500104<br>LEI: JFU6RQQJ8Z1CPOLBXQ18 | Long             | EC               | CORP              | US        |     19837 | NS      | $209081.98    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Chatham Lodging Trust          | Chatham Lodging Trust                        | CUSIP: 16208T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26635 | NS      | $209617.45    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp Inc         | ConnectOne Bancorp Inc                       | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |     10128 | NS      | $271126.56    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| DMC Global Inc                 | DMC Global Inc                               | CUSIP: 23291C103<br>LEI: 549300CBDXD1Z5MRNG02 | Long             | EC               | CORP              | US        |     24918 | NS      | $129822.78    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Daktronics Inc                 | Daktronics Inc                               | CUSIP: 234264109<br>LEI: 549300IOLZ3SG5YUJ288 | Long             | EC               | CORP              | US        |      9764 | NS      | $190886.20    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ennis Inc                      | Ennis Inc                                    | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9956 | NS      | $213257.52    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Esab Corp                      | Esab Corp                                    | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |      2211 | NS      | $213715.26    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Espey Mfg. & Electronics Corp  | Espey Mfg. & Electronics Corp                | CUSIP: 296650104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3191 | NS      | $176845.22    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Corp           | First Financial Corp                         | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3861 | NS      | $244015.20    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| First Western Financial Inc    | First Western Financial Inc                  | CUSIP: 33751L105<br>LEI: 549300PPOGX4C7S66B47 | Long             | EC               | CORP              | US        |      3457 | NS      | $84973.06     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Flexsteel Industries Inc       | Flexsteel Industries Inc                     | CUSIP: 339382103<br>LEI: 894500J5Y3ZZOOJXXN24 | Long             | EC               | CORP              | US        |      4350 | NS      | $195489.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group Inc  | Healthcare Services Group Inc                | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |     20327 | NS      | $377065.85    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Helios Technologies Inc        | Helios Technologies Inc                      | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |      1047 | NS      | $67751.37     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hurco Cos Inc                  | Hurco Cos Inc                                | CUSIP: 447324104<br>LEI: XSC5XDOTBYOBQPOG2O82 | Long             | EC               | CORP              | US        |      3025 | NS      | $44497.75     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR Holdings Inc               | QCR Holdings Inc                             | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |      2539 | NS      | $216957.55    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ranger Energy Services Inc     | Ranger Energy Services Inc                   | CUSIP: 75282U104<br>LEI: 549300J7RIVGVAN0RE23 | Long             | EC               | CORP              | US        |     11132 | NS      | $190802.48    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Resources Connection Inc       | Resources Connection Inc                     | CUSIP: 76122Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10942 | NS      | $40813.66     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Rimini Street Inc              | Rimini Street Inc                            | CUSIP: 76674Q107<br>LEI: 54930042ITIRGVM4HY55 | Long             | EC               | CORP              | US        |     58472 | NS      | $191788.16    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Stagwell Inc                   | Stagwell Inc                                 | CUSIP: 85256A109<br>LEI: 549300KIYTU6J3NYJ009 | Long             | EC               | CORP              | US        |     49733 | NS      | $312820.57    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ICF International Inc          | ICF International Inc                        | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |      4172 | NS      | $272389.88    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| iRadimed Corp                  | iRadimed Corp                                | CUSIP: 46266A109<br>LEI: 549300YVHWP0YJ1YW816 | Long             | EC               | CORP              | US        |      7515 | NS      | $723393.90    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| J Jill Inc                     | J Jill Inc                                   | CUSIP: 46620W201<br>LEI: 529900I19PJIF8MIDL12 | Long             | EC               | CORP              | US        |     11525 | NS      | $132076.50    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PRA Group Inc                  | PRA Group Inc                                | CUSIP: 69354N106<br>LEI: 549300Q5HW3JSSB86K27 | Long             | EC               | CORP              | US        |      9164 | NS      | $160370.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc          | TransMedics Group Inc                        | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |       731 | NS      | $72668.71     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WaterBridge Infrastructure LLC | WaterBridge Infrastructure LLC               | CUSIP: 940923105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8867 | NS      | $237546.93    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Kestra Medical Technologies Lt | Kestra Medical Technologies Ltd              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      5833 | NS      | $116251.69    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tecnoglass Inc                 | Tecnoglass Inc                               | CUSIP: N/A<br>LEI: 529900YRWTPOC2E6IO67       | Long             | EC               | CORP              | US        |      7355 | NS      | $327665.25    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Karooooo Ltd                   | Karooooo Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |      3982 | NS      | $198462.88    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Molding Technologies Inc  | Core Molding Technologies Inc                | CUSIP: 218683100<br>LEI: 549300ZY2MFRXCKVIJ28 | Long             | EC               | CORP              | US        |      3892 | NS      | $87180.80     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Star Bancorp              | Five Star Bancorp                            | CUSIP: 33830T103<br>LEI: 5493008ZRBIHKWC0JA73 | Long             | EC               | CORP              | US        |      5574 | NS      | $210251.28    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Brick Partners Inc       | Green Brick Partners Inc                     | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |      6270 | NS      | $404101.50    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardian Pharmacy Services Inc | Guardian Pharmacy Services Inc               | CUSIP: 40145W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8389 | NS      | $315929.74    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                   | Carter's Inc                                 | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |      8762 | NS      | $313329.12    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Crawford & Co                  | Crawford & Co                                | CUSIP: 224633206<br>LEI: 7TZZFJ2GPOGLWIKIXY82 | Long             | EC               | CORP              | US        |     13059 | NS      | $130198.23    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc          | Customers Bancorp Inc                        | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |      2265 | NS      | $157213.65    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Services of America Cor | Energy Services of America Corp              | CUSIP: 29271Q103<br>LEI: 984500A00BECD43F7B49 | Long             | EC               | CORP              | US        |     14081 | NS      | $184883.53    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerpac Tool Group Corp        | Enerpac Tool Group Corp                      | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |      1681 | NS      | $61306.07     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Frequency Electronics Inc      | Frequency Electronics Inc                    | CUSIP: 358010106<br>LEI: 549300S56SO2JB5JBE31 | Long             | EC               | CORP              | US        |      3873 | NS      | $171418.98    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| IDT Corp                       | IDT Corp                                     | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |      4000 | NS      | $196400.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Asure Software Inc             | Asure Software Inc                           | CUSIP: 04649U102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21490 | NS      | $184814.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics Inc      | Benchmark Electronics Inc                    | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |      3454 | NS      | $193631.24    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyster-Yale Inc                | Hyster-Yale Inc                              | CUSIP: 449172105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5770 | NS      | $187582.70    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 Verticals Inc               | I3 Verticals Inc                             | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |     16464 | NS      | $368135.04    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX Resources Corp             | CNX Resources Corp                           | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |     12183 | NS      | $469654.65    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                    | Centerspace                                  | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |      4687 | NS      | $269268.15    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvaco Group Inc              | Silvaco Group Inc                            | CUSIP: 82728C102<br>LEI: 89450009UUSWTJL6DP68 | Long             | EC               | CORP              | US        |     14305 | NS      | $101279.40    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                    | SiTime Corp                                  | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       266 | NS      | $91863.10     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrus Energy Corp            | Centrus Energy Corp                          | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |       484 | NS      | $84017.56     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu Inc                       | Cohu Inc                                     | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |      9404 | NS      | $287950.48    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services C | Stewart Information Services Corp            | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |      2792 | NS      | $171931.36    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ePlus Inc                      | ePlus Inc                                    | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |      2112 | NS      | $158928.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolv Technologies Holdings In | Evolv Technologies Holdings Inc              | CUSIP: 30049H102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13920 | NS      | $84216.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FS Bancorp Inc                 | FS Bancorp Inc                               | CUSIP: 30263Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4477 | NS      | $172767.43    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| First Watch Restaurant Group I | First Watch Restaurant Group Inc             | CUSIP: 33748L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8720 | NS      | $91385.60     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc | Fortune Brands Innovations Inc               | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |      2911 | NS      | $113441.67    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Net Lease Inc           | Global Net Lease Inc                         | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |     15877 | NS      | $148608.72    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthStream Inc               | HealthStream Inc                             | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               | CORP              | US        |      9041 | NS      | $187239.11    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Express Inc          | Heartland Express Inc                        | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |      8400 | NS      | $87360.00     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HeartFlow Inc                  | HeartFlow Inc                                | CUSIP: 42238D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5869 | NS      | $142792.77    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Technologies Inc        | Hudson Technologies Inc                      | CUSIP: 444144109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30875 | NS      | $181545.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Interface Inc                  | Interface Inc                                | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |      6313 | NS      | $157319.96    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus International Group Inc  | Janus International Group Inc                | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11634 | NS      | $59915.10     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp                   | Knowles Corp                                 | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |      2640 | NS      | $67795.20     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp        | Magnolia Oil & Gas Corp                      | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14092 | NS      | $444884.44    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd             | Ichor Holdings Ltd                           | CUSIP: N/A<br>LEI: 529900PS8R2JVLJ2H892       | Long             | EC               | CORP              | US        |      3526 | NS      | $164346.86    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ATN International Inc          | ATN International Inc                        | CUSIP: 00215F107<br>LEI: 54930013NP7VEU877V56 | Long             | EC               | CORP              | US        |      7280 | NS      | $198161.60    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Arteris Inc                    | Arteris Inc                                  | CUSIP: 04302A104<br>LEI: 5299009413BJXLY5SM79 | Long             | EC               | CORP              | US        |     10544 | NS      | $173343.36    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp                 | Astronics Corp                               | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |      6149 | NS      | $410322.77    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| AtriCure Inc                   | AtriCure Inc                                 | CUSIP: 04963C209<br>LEI: 254900B2I6GPHK2EXM59 | Long             | EC               | CORP              | US        |     16392 | NS      | $467663.76    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Barnes & Noble Education Inc   | Barnes & Noble Education Inc                 | CUSIP: 06777U200<br>LEI: 549300JQGDS5THBPED41 | Long             | EC               | CORP              | US        |     20659 | NS      | $182418.97    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc         | Boot Barn Holdings Inc                       | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      1110 | NS      | $162459.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Burke & Herbert Financial Serv | Burke & Herbert Financial Services Corp      | CUSIP: 12135Y108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1149 | NS      | $71571.21     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Canada Goose Holdings Inc      | Canada Goose Holdings Inc                    | CUSIP: 135086106<br>LEI: 529900891XBE6RV8JR07 | Long             | EC               | CORP              | CA        |     17947 | NS      | $196878.59    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Chiron Real Estate Inc         | Chiron Real Estate Inc                       | CUSIP: 37954A303<br>LEI: 549300HFRIPQDYU3GU60 | Long             | EC               | CORP              | US        |      4341 | NS      | $143600.28    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| M-Tron Industries Inc          | M-Tron Industries Inc                        | CUSIP: 55380K133<br>LEI: 529900ECYL9SLLCSE931 | Long             | EC               | CORP              | US        |      1860 | NS      | $3906.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Merchants Bancorp/IN           | Merchants Bancorp/IN                         | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |      5883 | NS      | $252439.53    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Once Upon a Farm PBC           | Once Upon a Farm PBC                         | CUSIP: 68237F108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4207 | NS      | $68784.45     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems Inc                | Pegasystems Inc                              | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |      7892 | NS      | $335883.52    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Plumas Bancorp                 | Plumas Bancorp                               | CUSIP: 729273102<br>LEI: 549300O5TKTXYTYP4G59 | Long             | EC               | CORP              | US        |      3602 | NS      | $175849.64    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Preformed Line Products Co     | Preformed Line Products Co                   | CUSIP: 740444104<br>LEI: 549300EYH53XDJID2098 | Long             | EC               | CORP              | US        |      2566 | NS      | $694744.50    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Proficient Auto Logistics Inc  | Proficient Auto Logistics Inc                | CUSIP: 74317M104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25356 | NS      | $171913.68    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| California BanCorp             | California BanCorp                           | CUSIP: 84252A106<br>LEI: 549300Z6CP542EI9L684 | Long             | EC               | CORP              | US        |      8717 | NS      | $154465.24    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| American Coastal Insurance Cor | American Coastal Insurance Corp              | CUSIP: 910710102<br>LEI: 5299002P9105LJQA8G51 | Long             | EC               | CORP              | US        |     11744 | NS      | $132120.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Water Co Ltd      | Consolidated Water Co Ltd                    | CUSIP: N/A<br>LEI: 5299001BMEW8X9VIJA73       | Long             | EC               | CORP              | KY        |      4955 | NS      | $164109.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                  | MYR Group Inc                                | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      1322 | NS      | $373227.04    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co        | Modine Manufacturing Co                      | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |      2795 | NS      | $605704.45    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| NVE Corp                       | NVE Corp                                     | CUSIP: 629445206<br>LEI: 5299003C1ATTWX8X0112 | Long             | EC               | CORP              | US        |      5911 | NS      | $387170.50    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Ridgepost Capital Inc          | Ridgepost Capital Inc                        | CUSIP: 69376K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18654 | NS      | $135428.04    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Perdoceo Education Corp        | Perdoceo Education Corp                      | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |     11262 | NS      | $419059.02    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Financial Services I | Provident Financial Services Inc             | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |     15176 | NS      | $321124.16    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SandRidge Energy Inc           | SandRidge Energy Inc                         | CUSIP: 80007P869<br>LEI: W1MKPVGS6I5155L7VV67 | Long             | EC               | CORP              | US        |     11531 | NS      | $188070.61    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SI-BONE Inc                    | SI-BONE Inc                                  | CUSIP: 825704109<br>LEI: 549300J8JGYVJJHV9C31 | Long             | EC               | CORP              | US        |      6693 | NS      | $84532.59     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial Inc          | Triumph Financial Inc                        | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |     14690 | NS      | $876405.40    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TrueBlue Inc                   | TrueBlue Inc                                 | CUSIP: 89785X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16053 | NS      | $62767.23     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Lime & Minerals  | United States Lime & Minerals Inc            | CUSIP: 911922102<br>LEI: 549300VGDEEG8RT7VC89 | Long             | EC               | CORP              | US        |      2907 | NS      | $379683.27    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabash National Corp           | Wabash National Corp                         | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |     23965 | NS      | $206578.30    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Zumiez Inc                     | Zumiez Inc                                   | CUSIP: 989817101<br>LEI: 549300J0PDF58P6HZD25 | Long             | EC               | CORP              | US        |      4572 | NS      | $101315.52    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MVB Financial Corp             | MVB Financial Corp                           | CUSIP: 553810102<br>LEI: 549300KSUQ2FUU1X2O74 | Long             | EC               | CORP              | US        |      2723 | NS      | $67612.09     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Natural Grocers by Vitamin Cot | Natural Grocers by Vitamin Cottage Inc       | CUSIP: 63888U108<br>LEI: 529900P4OTXDGBUS3O87 | Long             | EC               | CORP              | US        |      6695 | NS      | $173065.75    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| nCino Inc                      | nCino Inc                                    | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |     14438 | NS      | $216281.24    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Northeast Bank                 | Northeast Bank                               | CUSIP: 66405S100<br>LEI: 549300F0LV9TSW34E306 | Long             | EC               | CORP              | US        |      3890 | NS      | $437119.30    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-14

**Name of Applicant:** Series Portfolios Trust

**Signature:** /s/ Ryan Roell

**Name of Signer:** Series Portfolios Trust

**Title:** President