# EDGAR Filing Document

**Accession Number:** 0001141819
**File Stem:** 0001145549-25-049799
**Filing Date:** 2025-7
**Character Count:** 198980
**Document Hash:** e99bdbc97f7fdaeb6a34d4f9dd123d11
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-049799.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001145549-25-049799

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRUST FOR PROFESSIONAL MANAGERS
- **CENTRAL INDEX KEY:** 0001141819

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10401
- **FILM NUMBER:** 251164468

**BUSINESS ADDRESS:**
- **STREET 1:** U.S. BANCORP FUND SERVICES LLC
- **STREET 2:** 615 EAST MICHIGAN ST 2ND FLOOR
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4147655067

**MAIL ADDRESS:**
- **STREET 1:** U.S. BANCORP FUND SERVICES LLC
- **STREET 2:** 615 EAST MICHIGAN ST 2ND FLOOR
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ZODIAC TRUST
- **DATE OF NAME CHANGE:** 20010601

## Series and Classes Contracts Data

### ActivePassive International Equity ETF (Series ID: S000075230)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000234092 | ActivePassive International Equity ETF | APIE            |

## Nport-Ex

---

| |
|:---|
| **ActivePassive International Equity ETF** |
| **Schedule of Investments** |
| **May 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 98.4%** | **Shares** | **Value**  |
| **Automobiles & Components - 2.8%** | **Automobiles & Components - 2.8%** |  |
| BYD Co. Ltd. - ADR <sup>(a)</sup> | 31672 | $3135528 |
| Cie Generale des Etablissements Michelin SCA - ADR | 183490 | 3515668 |
| Denso Corp. - ADR | 5520 | 74299 |
| Geely Automobile Holdings Ltd. - ADR | 36713 | 1629690 |
| Hesai Group - ADR <sup>(b)</sup> | 4253 | 80212 |
| Honda Motor Co. Ltd. - ADR <sup>(a)</sup> | 53467 | 1631813 |
| Li Auto, Inc. - ADR <sup>(a)(b)</sup> | 30368 | 860629 |
| Mercedes-Benz Group AG - ADR | 181254 | 2697060 |
| NIO, Inc. - ADR <sup>(a)(b)</sup> | 91963 | 325549 |
| Nissan Motor Co. Ltd. - ADR <sup>(b)</sup> | 9481 | 47689 |
| Subaru Corp. - ADR | 11150 | 102246 |
| Sumitomo Electric Industries Ltd. - ADR <sup>(a)</sup> | 4456 | 93130 |
| Suzuki Motor Corp. - ADR | 18298 | 931002 |
| Toyota Motor Corp. - ADR <sup>(a)</sup> | 47809 | 9110961 |
| Volkswagen AG - ADR | 6670 | 73037 |
| Volkswagen AG - ADR | 4336 | 46699 |
| WeRide, Inc. - ADR <sup>(b)</sup> | 25177 | 249252 |
| XPeng, Inc. - ADR <sup>(b)</sup> | 38800 | 749228 |
| ZEEKR Intelligent Technology Holding Ltd. - ADR <sup>(b)</sup> | 5222 | 137286 |
|  |  | 25490978 |
| **Banks - 13.8%** | **Banks - 13.8%** |  |
| Agricultural Bank of China Ltd. - ADR | 41878 | 669629 |
| ANZ Group Holdings Ltd. - ADR | 3283 | 61786 |
| Banco BBVA Argentina SA - ADR | 13701 | 269362 |
| Banco Bilbao Vizcaya Argentaria SA - ADR <sup>(a)</sup> | 455105 | 6844779 |
| Banco Bradesco SA - ADR | 320885 | 924149 |
| Banco de Chile - ADR | 8231 | 248658 |
| Banco do Brasil SA - ADR <sup>(a)</sup> | 119833 | 497307 |
| Banco Macro SA - ADR | 3876 | 327561 |
| Banco Santander Brasil SA - ADR | 13823 | 71880 |
| Banco Santander Chile - ADR | 11018 | 265975 |
| Banco Santander SA - ADR | 1049733 | 8366372 |
| Bank Mandiri Persero Tbk PT - ADR | 2970 | 38358 |
| Bank of China Ltd. - ADR | 153703 | 2230231 |
| Bank Rakyat Indonesia Persero Tbk PT - ADR | 4250 | 57481 |
| Barclays PLC - ADR <sup>(a)</sup> | 473015 | 8433857 |
| BNP Paribas SA - ADR | 107663 | 4733942 |
| CaixaBank SA - ADR | 118556 | 333142 |
| China Construction Bank Corp. - ADR | 294497 | 5253826 |
| China Merchants Bank Co. Ltd. - ADR | 20466 | 634037 |
| Commonwealth Bank of Australia - ADR <sup>(a)</sup> | 78914 | 8999353 |
| Credit Agricole SA - ADR | 7905 | 72015 |
| DBS Group Holdings Ltd. - ADR | 22202 | 3063876 |
| Erste Group Bank AG - ADR | 15943 | 642025 |
| Grupo Cibest SA - ADR | 30182 | 1250440 |
| Grupo Financiero Banorte SAB de CV - ADR | 4383 | 193641 |
| Grupo Financiero Galicia SA - ADR | 11822 | 686267 |
| Grupo Supervielle SA - ADR | 15885 | 206823 |
| HDFC Bank Ltd. - ADR <sup>(a)</sup> | 124923 | 9417945 |
| HSBC Holdings PLC - ADR <sup>(a)</sup> | 153316 | 9088572 |
| ICICI Bank Ltd. - ADR | 103266 | 3535828 |
| Industrial & Commercial Bank of China Ltd. - ADR | 154088 | 2231194 |
| ING Groep NV - ADR | 166597 | 3541852 |
| Intesa Sanpaolo SpA - ADR <sup>(a)</sup> | 118532 | 3970822 |
| Itau Unibanco Holding SA - ADR | 240796 | 1586846 |
| Kasikornbank PCL - ADR | 9716 | 180815 |
| KB Financial Group, Inc. - ADR <sup>(a)</sup> | 26271 | 1963757 |
| Lloyds Banking Group PLC - ADR <sup>(a)</sup> | 921800 | 3880778 |
| Mitsubishi UFJ Financial Group, Inc. - ADR <sup>(a)</sup> | 394261 | 5566965 |
| Mizuho Financial Group, Inc. - ADR | 556863 | 3096158 |
| National Australia Bank Ltd. - ADR <sup>(a)</sup> | 26750 | 329827 |
| NatWest Group PLC - ADR <sup>(a)(b)</sup> | 554136 | 7924145 |
| Nordea Bank Abp - ADR | 11761 | 171358 |
| Oversea-Chinese Banking Corp. Ltd. - ADR | 5256 | 131295 |
| Shinhan Financial Group Co. Ltd. - ADR | 58420 | 2422093 |
| Societe Generale SA - ADR | 133105 | 1454838 |
| Standard Bank Group Ltd. - ADR | 33319 | 437145 |
| Standard Chartered PLC - ADR | 77856 | 2436114 |
| Sumitomo Mitsui Financial Group, Inc. - ADR <sup>(a)</sup> | 245219 | 3778825 |
| UniCredit SpA - ADR | 63031 | 2025816 |
| United Overseas Bank Ltd. - ADR | 21146 | 1167048 |
| Woori Financial Group, Inc. - ADR | 30416 | 1268043 |
|  |  | 126984851 |
| **Capital Goods - 9.6%** | **Capital Goods - 9.6%** |  |
| ABB Ltd. - ADR | 83041 | 4704273 |
| Airbus SE - ADR | 78191 | 3578802 |
| Alstom SA - ADR | 1772762 | 3935532 |
| Ashtead Group PLC - ADR | 1849 | 436364 |
| Assa Abloy AB - ADR | 313962 | 4966879 |
| Astra International Tbk PT - ADR | 74243 | 447685 |
| Atlas Copco AB - ADR | 41506 | 669492 |
| Atlas Copco AB - ADR | 16354 | 232717 |
| BAE Systems PLC - ADR <sup>(a)</sup> | 36790 | 3782012 |
| Bunzl PLC - ADR | 6075 | 97504 |
| Cie de Saint-Gobain SA - ADR <sup>(a)</sup> | 163265 | 3681626 |
| CK Hutchison Holdings Ltd. - ADR | 261335 | 1453023 |
| Daikin Industries Ltd. - ADR | 149248 | 1699935 |
| Daimler Truck Holding AG - ADR <sup>(a)</sup> | 57872 | 1265661 |
| Diploma PLC - ADR | 9124 | 2310744 |
| EHang Holdings Ltd. - ADR <sup>(b)</sup> | 4241 | 68789 |
| Embraer SA - ADR <sup>(a)</sup> | 15368 | 706774 |
| FANUC Corp. - ADR | 251747 | 3363340 |
| Geberit AG - ADR | 4667 | 348065 |
| Hitachi Ltd. - ADR | 181605 | 5048619 |
| IMCD NV - ADR | 19045 | 1281157 |
| ITOCHU Corp. - ADR <sup>(a)</sup> | 19538 | 2078648 |
| Kingspan Group PLC - ADR | 588 | 50256 |
| Komatsu Ltd. - ADR | 38595 | 1173288 |
| Kone Oyj - ADR | 27000 | 839700 |
| Legrand SA - ADR | 6539 | 159225 |
| Leonardo SpA - ADR | 9820 | 303831 |
| Marubeni Corp. - ADR | 373 | 75745 |
| Mitsubishi Corp. - ADR | 12822 | 259512 |
| Mitsubishi Electric Corp. - ADR | 45542 | 1814849 |
| Mitsubishi Heavy Industries Ltd. - ADR <sup>(a)</sup> | 23819 | 1098532 |
| Mitsui & Co. Ltd. - ADR | 4782 | 1995672 |
| Nano Dimension Ltd. - ADR <sup>(b)</sup> | 2 | 3 |
| NIDEC CORP - ADR | 110049 | 531537 |
| Prysmian SpA - ADR | 5485 | 176452 |
| Rheinmetall AG - ADR | 5539 | 2360112 |
| Rolls-Royce Holdings PLC - ADR <sup>(a)</sup> | 607653 | 7054851 |
| Saab AB - ADR | 9639 | 243578 |
| Safran SA - ADR | 18412 | 1354018 |
| Schneider Electric SE - ADR | 87438 | 4385016 |
| Siemens AG - ADR | 66946 | 8097788 |
| Siemens Energy AG - ADR <sup>(b)</sup> | 21028 | 2049179 |
| SMC Corp. - ADR <sup>(a)</sup> | 154871 | 2910026 |
| Smiths Group PLC - ADR <sup>(a)</sup> | 5779 | 172330 |
| Sumitomo Corp. - ADR | 17264 | 440577 |
| Techtronic Industries Co. Ltd. - ADR | 17725 | 985333 |
| Thales SA - ADR | 6033 | 367651 |
| VAT Group AG - ADR | 32784 | 1241038 |
| Vestas Wind Systems AS - ADR | 4954 | 26008 |
| Vinci SA - ADR | 9719 | 347940 |
| Volvo AB - ADR | 66378 | 1844645 |
|  |  | 88516333 |
| **Commercial & Professional Services - 3.7%** | **Commercial & Professional Services - 3.7%** |  |
| Brambles Ltd. - ADR | 51169 | 1536093 |
| Computershare Ltd. - ADR | 79091 | 2053993 |
| Experian PLC - ADR | 91367 | 4557386 |
| Recruit Holdings Co. Ltd. - ADR | 496241 | 5905268 |
| RELX PLC - ADR <sup>(a)</sup> | 274030 | 14775698 |
| Rentokil Initial PLC - ADR <sup>(a)</sup> | 59436 | 1412794 |
| SGS SA - ADR | 83940 | 872137 |
| Wolters Kluwer NV - ADR <sup>(a)</sup> | 17561 | 3120238 |
|  |  | 34233607 |
| **Consumer Discretionary Distribution & Retail - 3.6%** | **Consumer Discretionary Distribution & Retail - 3.6%** |  |
| Alibaba Group Holding Ltd. - ADR <sup>(a)</sup> | 97599 | 11110670 |
| ATRenew, Inc. - ADR <sup>(b)</sup> | 30810 | 79490 |
| Baozun, Inc. - ADR <sup>(b)</sup> | 15576 | 44392 |
| Cango, Inc. - ADR <sup>(b)</sup> | 5721 | 26031 |
| D-MARKET Elektronik Hizmetler ve Ticaret AS - ADR <sup>(b)</sup> | 10368 | 27579 |
| Fast Retailing Co. Ltd. - ADR | 81519 | 2708061 |
| Industria de Diseno Textil SA - ADR | 239489 | 6487757 |
| JD.com, Inc. - ADR <sup>(a)</sup> | 116340 | 3770579 |
| Kingfisher PLC - ADR | 79297 | 592349 |
| MINISO Group Holding Ltd. - ADR | 8277 | 140874 |
| Naspers Ltd. - ADR | 2060 | 118738 |
| PDD Holdings, Inc. - ADR <sup>(b)</sup> | 33213 | 3205387 |
| Prosus NV - ADR | 381209 | 3869271 |
| Vipshop Holdings Ltd. - ADR | 49138 | 677613 |
|  |  | 32858791 |
| **Consumer Durables & Apparel - 3.6%** | **Consumer Durables & Apparel - 3.6%** |  |
| adidas AG - ADR | 9036 | 1125072 |
| ANTA Sports Products Ltd. - ADR | 2145 | 656198 |
| Asics Corp. - ADR | 1712 | 41156 |
| Berkeley Group Holdings PLC - ADR <sup>(a)</sup> | 73152 | 850026 |
| Cie Financiere Richemont SA - ADR | 206806 | 3894157 |
| Haier Smart Home Co. Ltd. - ADR | 48352 | 558466 |
| Hermes International SCA - ADR | 17005 | 4685728 |
| Kering SA - ADR <sup>(a)</sup> | 196764 | 3860510 |
| LVMH Moet Hennessy Louis Vuitton SE - ADR | 64670 | 7038683 |
| Panasonic Holdings Corp. - ADR | 13725 | 157385 |
| Sekisui House Ltd. - ADR | 41557 | 942097 |
| Shimano, Inc. - ADR | 80911 | 1146509 |
| Sony Group Corp. - ADR <sup>(a)</sup> | 315926 | 8334128 |
|  |  | 33290115 |
| **Consumer Services - 2.1%** | **Consumer Services - 2.1%** |  |
| Amadeus IT Group SA - ADR | 2856 | 237848 |
| Carnival Corp. <sup>(b)</sup> | 75286 | 1748141 |
| Carnival PLC - ADR <sup>(b)</sup> | 28044 | 586400 |
| Compass Group PLC - ADR | 67778 | 2397986 |
| Evolution AB - ADR | 1650 | 113157 |
| InterContinental Hotels Group PLC - ADR <sup>(a)</sup> | 33651 | 3898132 |
| Luckin Coffee, Inc. - ADR <sup>(b)</sup> | 10570 | 349338 |
| Meituan - ADR <sup>(b)</sup> | 136511 | 4719185 |
| Oriental Land Co. Ltd. - ADR | 21712 | 482875 |
| Pearson PLC - ADR <sup>(a)</sup> | 208111 | 3319370 |
| TAL Education Group - ADR <sup>(b)</sup> | 17816 | 175131 |
| Trip.com Group Ltd. - ADR | 19089 | 1195926 |
|  |  | 19223489 |
| **Consumer Staples Distribution & Retail - 0.6%** | **Consumer Staples Distribution & Retail - 0.6%** |  |
| Clicks Group Ltd. - ADR <sup>(a)</sup> | 54600 | 2376192 |
| DingDong Cayman Ltd. - ADR <sup>(b)</sup> | 13207 | 27206 |
| Koninklijke Ahold Delhaize NV - ADR | 24182 | 1020964 |
| Seven & i Holdings Co. Ltd. - ADR | 16247 | 244355 |
| Tesco PLC - ADR | 133322 | 2119820 |
| Wal-Mart de Mexico SAB de CV - ADR <sup>(a)</sup> | 2277 | 74390 |
|  |  | 5862927 |
| **Energy - 3.3%** | **Energy - 3.3%** |  |
| BP PLC - ADR <sup>(a)</sup> | 153019 | 4452853 |
| Cosan SA - ADR | 3255 | 18977 |
| Ecopetrol SA - ADR <sup>(a)</sup> | 91498 | 774988 |
| Eni SpA - ADR <sup>(a)</sup> | 109515 | 3237263 |
| Equinor ASA - ADR <sup>(a)</sup> | 116881 | 2745535 |
| Inpex Corp. - ADR <sup>(a)</sup> | 79104 | 1059994 |
| Petroleo Brasileiro SA - Petrobras - ADR | 100985 | 1092658 |
| Petroleo Brasileiro SA - Petrobras - ADR | 90780 | 1047601 |
| Repsol SA - ADR | 4538 | 61036 |
| Shell PLC - ADR | 130366 | 8632836 |
| Tenaris SA - ADR <sup>(a)</sup> | 22526 | 753495 |
| TotalEnergies SE - ADR <sup>(a)</sup> | 74817 | 4390261 |
| Transportadora de Gas del Sur SA - ADR <sup>(b)</sup> | 6739 | 188827 |
| Ultrapar Participacoes SA - ADR | 17375 | 49519 |
| Vista Energy SAB de CV - ADR <sup>(b)</sup> | 6473 | 320608 |
| Woodside Energy Group Ltd. - ADR <sup>(a)</sup> | 90609 | 1298427 |
| YPF SA - ADR <sup>(b)</sup> | 18704 | 661747 |
|  |  | 30786625 |
| **Financial Services - 3.1%** | **Financial Services - 3.1%** |  |
| 3i Group PLC - ADR | 93687 | 2618552 |
| Adyen NV - ADR <sup>(b)</sup> | 107508 | 2058778 |
| AMTD IDEA Group - ADR <sup>(b)</sup> | 67632 | 68308 |
| Deutsche Bank AG <sup>(a)</sup> | 155665 | 4324374 |
| Deutsche Boerse AG - ADR | 8920 | 287313 |
| FinVolution Group - ADR | 1989 | 16628 |
| Futu Holdings Ltd. - ADR | 6118 | 623608 |
| Hong Kong Exchanges & Clearing Ltd. - ADR | 97942 | 4904935 |
| Julius Baer Group Ltd. - ADR | 20193 | 264932 |
| Kaspi.KZ JSC - ADR | 3663 | 292179 |
| LexinFintech Holdings Ltd. - ADR | 11280 | 81780 |
| London Stock Exchange Group PLC - ADR | 111439 | 4272571 |
| Lufax Holding Ltd. - ADR <sup>(a)</sup> | 87387 | 256044 |
| Macquarie Group Ltd. - ADR | 1389 | 191835 |
| Noah Holdings Ltd. - ADR | 11998 | 123700 |
| Nomura Holdings, Inc. - ADR | 200399 | 1220430 |
| ORIX Corp. - ADR | 169979 | 3613754 |
| Qifu Technology, Inc. - ADR | 10392 | 427111 |
| UBS Group AG <sup>(a)</sup> | 85774 | 2735333 |
| X Financial - ADR | 1471 | 27625 |
|  |  | 28409790 |
| **Food, Beverage & Tobacco - 5.1%** | **Food, Beverage & Tobacco - 5.1%** |  |
| Ambev SA - ADR <sup>(a)</sup> | 364253 | 888777 |
| Anheuser-Busch InBev SA/NV - ADR <sup>(a)</sup> | 148283 | 10452469 |
| Associated British Foods PLC - ADR | 11648 | 328940 |
| BRF SA - ADR <sup>(a)</sup> | 36545 | 128273 |
| British American Tobacco PLC - ADR | 178222 | 8055634 |
| Cia Cervecerias Unidas SA - ADR <sup>(a)</sup> | 46854 | 638620 |
| Coca-Cola Femsa SAB de CV - ADR | 5840 | 554800 |
| Cresud SACIF y A - ADR | 5592 | 66936 |
| Danone SA - ADR | 42074 | 718203 |
| Diageo PLC - ADR | 53345 | 5815672 |
| Embotelladora Andina SA - ADR | 19230 | 510364 |
| Embotelladora Andina SA - ADR | 889 | 18225 |
| Fomento Economico Mexicano SAB de CV - ADR | 9916 | 1056352 |
| Heineken NV - ADR | 45395 | 2025979 |
| Imperial Brands PLC - ADR | 64025 | 2430389 |
| JBS S/A - ADR <sup>(a)</sup> | 7211 | 102036 |
| Nestle SA - ADR | 105371 | 11223065 |
| Oatly Group AB - ADR <sup>(a)(b)</sup> | 3731 | 40817 |
| Pernod Ricard SA - ADR <sup>(a)</sup> | 57070 | 1182490 |
| WH Group Ltd. - ADR | 44132 | 810705 |
|  |  | 47048746 |
| **Health Care Equipment & Services - 2.0%** | **Health Care Equipment & Services - 2.0%** |  |
| Brainsway Ltd. - ADR <sup>(b)</sup> | 20997 | 214169 |
| Coloplast AS - ADR | 134979 | 1297148 |
| EssilorLuxottica SA - ADR | 32773 | 4570523 |
| Fresenius Medical Care AG - ADR <sup>(a)</sup> | 58899 | 1672732 |
| Hoya Corp. - ADR | 22151 | 2605401 |
| Koninklijke Philips NV <sup>(a)</sup> | 78963 | 1819307 |
| M3, Inc. - ADR <sup>(b)</sup> | 240985 | 1684485 |
| Siemens Healthineers AG - ADR | 2340 | 61987 |
| Smith & Nephew PLC - ADR | 94228 | 2728843 |
| Sonova Holding AG - ADR | 11621 | 727939 |
| Terumo Corp. - ADR | 52053 | 955172 |
|  |  | 18337706 |
| **Household & Personal Products - 2.1%** | **Household & Personal Products - 2.1%** |  |
| Henkel AG & Co. KGaA - ADR <sup>(a)</sup> | 110464 | 2029224 |
| Henkel AG & Co. KGaA - ADR <sup>(a)</sup> | 10238 | 205989 |
| Kao Corp. - ADR | 68135 | 622754 |
| L'Oreal SA - ADR | 38850 | 3282048 |
| Reckitt Benckiser Group PLC - ADR | 286244 | 3912955 |
| Unicharm Corp. - ADR | 9830 | 39418 |
| Unilever PLC - ADR <sup>(a)</sup> | 146809 | 9372286 |
|  |  | 19464674 |
| **Insurance - 3.8%** | **Insurance - 3.8%** |  |
| AIA Group Ltd. - ADR | 132264 | 4399101 |
| Allianz SE - ADR | 180526 | 7147024 |
| Aon PLC - Class A | 8145 | 3030591 |
| AXA SA - ADR | 31904 | 1508421 |
| Gjensidige Forsikring ASA - ADR | 88049 | 2159842 |
| Legal & General Group PLC - ADR | 16321 | 273703 |
| MS&AD Insurance Group Holdings, Inc. - ADR | 58614 | 1393841 |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen - ADR | 115251 | 1495958 |
| Ping An Insurance Group Co. of China Ltd. - ADR <sup>(a)</sup> | 157240 | 1833418 |
| Prudential PLC - ADR | 129783 | 2964244 |
| Sanlam Ltd. - ADR | 37847 | 376956 |
| Sompo Holdings, Inc. - ADR | 110697 | 1670418 |
| Swiss Re AG - ADR | 25251 | 1122407 |
| Tokio Marine Holdings, Inc. - ADR | 81343 | 3444063 |
| Zurich Insurance Group AG - ADR | 73865 | 2597832 |
|  |  | 35417819 |
| **Materials - 4.9%** | **Materials - 4.9%** |  |
| Air Liquide SA - ADR | 114162 | 4725165 |
| Akzo Nobel NV - ADR <sup>(a)</sup> | 114114 | 2601799 |
| Anglo American PLC - ADR <sup>(b)</sup> | 66345 | 867793 |
| Anhui Conch Cement Co. Ltd. - ADR | 32467 | 414279 |
| ArcelorMittal SA <sup>(a)</sup> | 99118 | 3031028 |
| Barrick Mining Corp. | 38832 | 744021 |
| BASF SE - ADR | 125578 | 1511959 |
| BHP Group Ltd. - ADR <sup>(a)</sup> | 136033 | 6664257 |
| Braskem SA - ADR <sup>(b)</sup> | 18511 | 70157 |
| Cemex SAB de CV - ADR | 93263 | 638852 |
| Cia de Minas Buenaventura SAA - ADR | 27695 | 414871 |
| Cia Siderurgica Nacional SA - ADR | 57035 | 82701 |
| DRDGOLD Ltd. - ADR | 14757 | 221503 |
| Fortescue Ltd. - ADR | 47974 | 953243 |
| Gerdau SA - ADR | 160774 | 422836 |
| Givaudan SA - ADR | 21884 | 2201093 |
| Glencore PLC - ADR | 120178 | 914555 |
| Gold Fields Ltd. - ADR | 46444 | 1068212 |
| Harmony Gold Mining Co. Ltd. - ADR | 39378 | 574525 |
| Heidelberg Materials AG - ADR <sup>(a)</sup> | 54663 | 2143336 |
| Holcim AG <sup>(b)</sup> | 97577 | 2159379 |
| Impala Platinum Holdings Ltd. - ADR <sup>(b)</sup> | 5500 | 40150 |
| James Hardie Industries PLC - ADR <sup>(a)(b)</sup> | 1991 | 46390 |
| Loma Negra Cia Industrial Argentina SA - ADR <sup>(b)</sup> | 8445 | 106998 |
| Nippon Steel Corp. - ADR | 64432 | 434272 |
| POSCO Holdings, Inc. - ADR | 9741 | 445164 |
| Rio Tinto PLC - ADR | 82480 | 4901786 |
| Sasol Ltd. - ADR <sup>(a)(b)</sup> | 54732 | 243010 |
| Shin-Etsu Chemical Co. Ltd. - ADR | 155314 | 2478811 |
| Sibanye Stillwater Ltd. - ADR <sup>(b)</sup> | 79872 | 486420 |
| Smurfit WestRock PLC | 18058 | 782453 |
| Sociedad Quimica y Minera de Chile SA - ADR <sup>(a)</sup> | 11674 | 355240 |
| South32 Ltd. - ADR | 4439 | 43413 |
| UPM-Kymmene Oyj - ADR | 2553 | 70846 |
| Vale SA - ADR | 239280 | 2184626 |
| Valterra Platinum Ltd. - ADR | 20366 | 135233 |
|  |  | 45180376 |
| **Media & Entertainment - 4.5%** | **Media & Entertainment - 4.5%** |  |
| Auto Trader Group PLC - ADR | 844679 | 2238399 |
| Autohome, Inc. - ADR | 11434 | 280362 |
| Baidu, Inc. - ADR <sup>(a)(b)</sup> | 11363 | 930630 |
| Bilibili, Inc. - ADR <sup>(a)(b)</sup> | 19397 | 354965 |
| Criteo SA - ADR <sup>(b)</sup> | 18748 | 477324 |
| DouYu International Holdings Ltd. - ADR | 19878 | 130400 |
| Grupo Televisa SAB - ADR | 10259 | 19595 |
| Hello Group, Inc. - ADR | 40504 | 245859 |
| HUYA, Inc. - ADR | 34673 | 131411 |
| iQIYI, Inc. - ADR <sup>(b)</sup> | 22519 | 36030 |
| JOYY, Inc. - ADR | 9971 | 477412 |
| Kanzhun Ltd. - ADR <sup>(a)(b)</sup> | 6397 | 108493 |
| NetEase, Inc. - ADR | 18266 | 2224068 |
| Nintendo Co. Ltd. - ADR | 244341 | 4994330 |
| Publicis Groupe SA - ADR <sup>(a)</sup> | 8427 | 229973 |
| Sea Ltd. - ADR <sup>(b)</sup> | 11870 | 1903592 |
| Sohu.com Ltd. - ADR <sup>(b)</sup> | 1656 | 16659 |
| Tencent Holdings Ltd. - ADR <sup>(a)</sup> | 336323 | 21114358 |
| Trivago NV - ADR <sup>(b)</sup> | 13702 | 55219 |
| Universal Music Group NV - ADR <sup>(a)</sup> | 163618 | 2603162 |
| Weibo Corp. - ADR <sup>(a)</sup> | 70532 | 638315 |
| WPP PLC - ADR <sup>(a)</sup> | 49362 | 1994718 |
| Yalla Group Ltd. - ADR <sup>(b)</sup> | 9153 | 63156 |
|  |  | 41268430 |
| **Pharmaceuticals, Biotechnology & Life Sciences - 8.9%** | **Pharmaceuticals, Biotechnology & Life Sciences - 8.9%** |  |
| Argenx SE - ADR <sup>(b)</sup> | 2856 | 1637230 |
| Ascendis Pharma AS - ADR <sup>(b)</sup> | 2907 | 473376 |
| AstraZeneca PLC - ADR | 165665 | 12065382 |
| AstraZeneca PLC <sup>(b)(c)</sup> | 14065 | 2813 |
| Bayer AG - ADR | 41498 | 293391 |
| Belite Bio, Inc. - ADR <sup>(b)</sup> | 410 | 26597 |
| BeOne Medicines Ltd. - ADR <sup>(b)</sup> | 3823 | 938852 |
| BioNTech SE - ADR <sup>(b)</sup> | 2537 | 243070 |
| Chugai Pharmaceutical Co. Ltd. - ADR | 52142 | 1359863 |
| CSL Ltd. - ADR | 35635 | 2842248 |
| Daiichi Sankyo Co. Ltd. - ADR | 40942 | 1093151 |
| Dr Reddy's Laboratories Ltd. - ADR <sup>(a)</sup> | 77297 | 1137812 |
| Galapagos NV - ADR <sup>(a)(b)</sup> | 21610 | 621504 |
| Genfit SA - ADR <sup>(a)(b)</sup> | 3302 | 14958 |
| Genmab AS - ADR <sup>(b)</sup> | 30008 | 628668 |
| Grifols SA - ADR <sup>(b)</sup> | 30551 | 253879 |
| GSK PLC - ADR <sup>(a)</sup> | 132121 | 5420925 |
| Haleon PLC - ADR <sup>(a)</sup> | 353789 | 4015505 |
| Legend Biotech Corp. - ADR <sup>(b)</sup> | 6683 | 193473 |
| Lonza Group AG - ADR | 18941 | 1311475 |
| Merck KGaA - ADR <sup>(a)</sup> | 15739 | 414880 |
| Mesoblast Ltd. - ADR <sup>(a)(b)</sup> | 4190 | 44582 |
| Novartis AG - ADR | 84520 | 9784035 |
| Novo Nordisk AS - ADR <sup>(a)</sup> | 118544 | 8475896 |
| Roche Holding AG - ADR <sup>(a)</sup> | 287462 | 11584718 |
| Sandoz Group AG - ADR | 14406 | 729520 |
| Sanofi SA - ADR | 164540 | 8123340 |
| Sartorius AG - ADR | 22050 | 1061377 |
| Structure Therapeutics, Inc. - ADR <sup>(b)</sup> | 4856 | 105666 |
| Takeda Pharmaceutical Co. Ltd. - ADR <sup>(a)</sup> | 368678 | 5541230 |
| Teva Pharmaceutical Industries Ltd. - ADR <sup>(b)</sup> | 45696 | 766779 |
| UCB SA - ADR | 354 | 32147 |
| Verona Pharma PLC - ADR <sup>(b)</sup> | 1181 | 95897 |
| Wuxi Biologics Cayman, Inc. - ADR <sup>(b)</sup> | 27544 | 173527 |
| Zai Lab Ltd. - ADR <sup>(b)</sup> | 8282 | 249619 |
|  |  | 81757385 |
| **Real Estate Management & Development - 0.5%** | **Real Estate Management & Development - 0.5%** |  |
| Daiwa House Industry Co. Ltd. - ADR | 45806 | 1549159 |
| IRSA Inversiones y Representaciones SA - ADR | 11681 | 176383 |
| KE Holdings, Inc. - ADR <sup>(a)</sup> | 52169 | 963040 |
| Longfor Group Holdings Ltd. - ADR | 3095 | 38130 |
| Mitsubishi Estate Co. Ltd. - ADR | 1433 | 26023 |
| Sun Hung Kai Properties Ltd. - ADR | 107829 | 1171023 |
| Vonovia SE - ADR | 61733 | 1011187 |
|  |  | 4934945 |
| **Semiconductors & Semiconductor Equipment - 7.9%** | **Semiconductors & Semiconductor Equipment - 7.9%** |  |
| Advantest Corp. - ADR | 38387 | 1932018 |
| ARM Holdings PLC - ADR <sup>(a)(b)</sup> | 2821 | 351327 |
| ASE Technology Holding Co. Ltd. - ADR | 109849 | 1030384 |
| ASM International NV | 562 | 305818 |
| ASML Holding NV | 15628 | 11514241 |
| Daqo New Energy Corp. - ADR <sup>(b)</sup> | 1374 | 18357 |
| Disco Corp. - ADR | 27449 | 614858 |
| Himax Technologies, Inc. - ADR | 33788 | 275372 |
| Infineon Technologies AG - ADR | 100730 | 3928470 |
| JinkoSolar Holding Co. Ltd. - ADR <sup>(a)</sup> | 6708 | 121281 |
| Lasertec Corp. - ADR | 3054 | 61141 |
| Renesas Electronics Corp. - ADR | 516516 | 3130087 |
| Silicon Motion Technology Corp. - ADR | 3817 | 233600 |
| STMicroelectronics NV <sup>(a)</sup> | 8217 | 205507 |
| Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | 233294 | 45100396 |
| Tokyo Electron Ltd. - ADR | 29420 | 2323886 |
| United Microelectronics Corp. - ADR <sup>(a)</sup> | 167502 | 1274690 |
|  |  | 72421433 |
| **Software & Services - 4.0%** | **Software & Services - 4.0%** |  |
| Accenture PLC - Class A | 7736 | 2450919 |
| Agora, Inc. - ADR <sup>(b)</sup> | 5327 | 19071 |
| Capgemini SE - ADR | 72591 | 2420184 |
| Check Point Software Technologies Ltd. <sup>(b)</sup> | 11903 | 2724359 |
| Dassault Systemes SE - ADR | 5381 | 200980 |
| Fujitsu Ltd. - ADR | 133360 | 3052610 |
| GDS Holdings Ltd. - ADR <sup>(a)(b)</sup> | 12475 | 295533 |
| Infosys Ltd. - ADR <sup>(a)</sup> | 167914 | 3054356 |
| Kingsoft Cloud Holdings Ltd. - ADR <sup>(b)</sup> | 23487 | 262350 |
| Materialise NV - ADR <sup>(b)</sup> | 53518 | 288462 |
| Nice Ltd. - ADR <sup>(a)(b)</sup> | 10089 | 1674068 |
| Nomura Research Institute Ltd. - ADR | 1086 | 41735 |
| Opera Ltd. - ADR | 41821 | 767415 |
| SAP SE - ADR <sup>(a)</sup> | 53946 | 16338086 |
| The9 Ltd. - ADR <sup>(b)</sup> | 1607 | 15041 |
| TOTVS SA - ADR <sup>(a)</sup> | 118246 | 1768664 |
| Tuya, Inc. - ADR | 63154 | 152833 |
| Vnet Group, Inc. - ADR <sup>(b)</sup> | 19551 | 104402 |
| Wipro Ltd. - ADR <sup>(a)</sup> | 248243 | 714940 |
| Xunlei Ltd. - ADR <sup>(b)</sup> | 24711 | 138629 |
|  |  | 36484637 |
| **Technology Hardware & Equipment - 1.7%** | **Technology Hardware & Equipment - 1.7%** |  |
| Canaan, Inc. - ADR <sup>(b)</sup> | 49394 | 29997 |
| Canon, Inc. - ADR | 1690 | 51663 |
| FUJIFILM Holdings Corp. - ADR | 50471 | 568808 |
| Halma PLC - ADR | 35876 | 2834204 |
| Hexagon AB - ADR | 182393 | 1831226 |
| Lenovo Group Ltd. - ADR | 28931 | 662520 |
| Logitech International SA <sup>(a)</sup> | 13701 | 1133895 |
| Murata Manufacturing Co. Ltd. - ADR | 226877 | 1649396 |
| Nokia Oyj - ADR <sup>(a)</sup> | 518226 | 2705140 |
| TDK Corp. - ADR | 107007 | 1173867 |
| Telefonaktiebolaget LM Ericsson - ADR | 252258 | 2134102 |
| Xiaomi Corp. - ADR <sup>(b)</sup> | 20842 | 667361 |
|  |  | 15442179 |
| **Telecommunication Services - 2.9%** | **Telecommunication Services - 2.9%** |  |
| America Movil SAB de CV - ADR | 18115 | 306143 |
| Cellnex Telecom SA - ADR | 2141 | 41000 |
| Deutsche Telekom AG - ADR <sup>(a)</sup> | 231957 | 8779572 |
| KDDI Corp. - ADR <sup>(a)</sup> | 19269 | 333161 |
| KT Corp. - ADR | 169417 | 3186734 |
| Nippon Telegraph & Telephone Corp. - ADR | 139519 | 3889790 |
| SK Telecom Co. Ltd. - ADR | 66802 | 1372113 |
| SoftBank Group Corp. - ADR | 68918 | 1799449 |
| Telecom Argentina SA - ADR | 3915 | 38171 |
| Telefonica SA - ADR | 615070 | 3266022 |
| Telkom Indonesia Persero Tbk PT - ADR | 17511 | 300314 |
| Turkcell Iletisim Hizmetleri AS - ADR | 35052 | 213116 |
| VEON Ltd. - ADR <sup>(b)</sup> | 14444 | 764810 |
| Vodafone Group PLC - ADR | 252571 | 2611584 |
|  |  | 26901979 |
| **Transportation - 1.6%** | **Transportation - 1.6%** |  |
| Aena SME SA - ADR <sup>(a)</sup> | 49516 | 1333466 |
| AP Moller - Maersk AS - ADR | 92310 | 829867 |
| Canadian Pacific Kansas City Ltd. | 33155 | 2707106 |
| Controladora Vuela Cia de Aviacion SAB de CV - ADR <sup>(b)</sup> | 45723 | 216270 |
| Deutsche Post AG - ADR | 49193 | 2203846 |
| DiDi Global, Inc. - ADR <sup>(b)</sup> | 153317 | 702192 |
| DSV AS - ADR | 18204 | 2150803 |
| Full Truck Alliance Co. Ltd. - ADR <sup>(a)</sup> | 47132 | 548145 |
| Grupo Aeroportuario del Centro Norte SAB de CV - ADR | 3495 | 346914 |
| Grupo Aeroportuario del Pacifico SAB de CV - ADR | 2573 | 591095 |
| Grupo Aeroportuario del Sureste SAB de CV - ADR | 1392 | 448252 |
| Kuehne + Nagel International AG - ADR | 11380 | 512327 |
| Latam Airlines Group SA - ADR | 10037 | 379900 |
| Nippon Yusen KK - ADR | 56815 | 415318 |
| Ryanair Holdings PLC - ADR | 23919 | 1329896 |
| ZTO Express Cayman, Inc. - ADR | 14142 | 248899 |
|  |  | 14964296 |
| **Utilities - 2.3%** | **Utilities - 2.3%** |  |
| Centrais Eletricas Brasileiras SA - ADR | 37042 | 271518 |
| Central Puerto SA - ADR | 5909 | 76876 |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP - ADR | 48063 | 987214 |
| Cia Energetica de Minas Gerais - ADR | 276237 | 516563 |
| Cia Energetica de Minas Gerais - ADR | 44818 | 135799 |
| CLP Holdings Ltd. - ADR <sup>(a)</sup> | 151796 | 1290266 |
| E.ON SE - ADR | 57278 | 1012675 |
| Empresa Distribuidora Y Comercializadora Norte - ADR <sup>(b)</sup> | 2578 | 85177 |
| Enel Chile SA - ADR | 81920 | 290816 |
| Enel SpA - ADR | 633985 | 5807303 |
| Iberdrola SA - ADR | 76474 | 5603250 |
| Korea Electric Power Corp. - ADR <sup>(a)</sup> | 11530 | 127406 |
| National Grid PLC - ADR <sup>(a)</sup> | 43157 | 3080978 |
| Pampa Energia SA - ADR <sup>(b)</sup> | 5761 | 441696 |
| RWE AG - ADR | 4258 | 160910 |
| SSE PLC - ADR | 71896 | 1744197 |
| Veolia Environnement SA - ADR | 2553 | 44116 |
|  |  | 21676760 |
| **TOTAL COMMON STOCKS** (Cost $804,252,776) | **TOTAL COMMON STOCKS** (Cost $804,252,776) | 906958871 |
| **EXCHANGE TRADED FUNDS - 0.3%** | **Shares** | **Value** |
| Vanguard FTSE Developed Markets ETF <sup>(a)</sup> | 47165 | 2621430 |
| Vanguard FTSE Emerging Markets ETF <sup>(a)</sup> | 10311 | 484617 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $3,094,630) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $3,094,630) | 3106047 |
| **SHORT-TERM INVESTMENTS - 23.7%** |  | **Value**  |
| **Investments Purchased with Proceeds from Securities Lending - 23.0%** | **<u>Units</u>** |  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.44% <sup>(d)</sup> | 211434840 | 211434840 |
| **Money Market Funds - 0.7%** | **<u>Shares</u>** |  |
| First American Government Obligations Fund - Class X, 4.23% <sup>(d)</sup> | 6732579 | 6732579 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $218,167,419) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $218,167,419) | 218167419 |
| **TOTAL INVESTMENTS - 122.4% (**Cost $1,025,514,825**)** | **TOTAL INVESTMENTS - 122.4% (**Cost $1,025,514,825**)** | 1128232337 |
| Liabilities in Excess of Other Assets - (22.4)% | Liabilities in Excess of Other Assets - (22.4)% | (206384457) |
| **TOTAL NET ASSETS - 100.0%** |  | $921847880 |
| two | two | –% |

---

---

| | |
|:---|:---|
| Percentages are stated as a percent of net assets. | –% |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

---

| |
|:---|
| AB - Aktiebolag |
| ADR - American Depositary Receipt |
| AG - Aktiengesellschaft |
| AS - Aksjeselskap |
| ASA - Advanced Subscription Agreement |
| KGaA - Kommanditgesellschaft auf Aktien |
| NV - Naamloze Vennootschap |
| OYJ - Julkinen Asakeyhtio |
| PCL - Public Company Limited |
| PLC - Public Limited Company |
| SA - Sociedad Anónima |
| SA/NV - Societe Anonime/Naamloze Vennootschap |
| SAA - Sociedad Anomina Abierta |
| SAB de CV - Sociedad Anónima Bursátil de Capital Variable |
| SE - Societas Europeae |
| SpA - Societa per Azioni |

---

(a) All or a portion of this security is on loan as of May 31, 2025. The fair value of these securities was $206,495,868 which represented 22.4% of net assets.

(b) Non-income producing security.

(c) Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities
 represented $2,813 or 0.0% of net assets as of May 31, 2025.

(d) The rate shown represents the 7-day annualized effective yield as of May 31, 2025.

------

#### Summary of Fair Value Disclosure as of May 31, 2025 (Unaudited)
ActivePassive International Equity 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 May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3^</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | 906956058 |  | 2813 | 906958871 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 3106047 |  | – | 3106047 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> | – |  | – | 211434840 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 6732579 |  | – | 6732579 |
| Total Investments | 916794684 |  | 2813 | 1128232337 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair
 value amount of $211,434,840 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

^ The fund measures Level 3 activity as of the end of each financial reporting period.

&nbsp;&nbsp;&nbsp;&nbsp;<br>

As of May 31, 2025, the Fund held a Level 3 investment that was valued at the most recent trade price in an inactive market. The Level 3 investment in securities represented less than 1% of the Fund's net assets and was not considered a significant portion of the Fund's portfolio. As the Level 3 investment was not considered significant to the financial statements, a reconciliation of Level 3 investments for the period ended May 31, 2025 is not presented.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Trust for Professional Managers

- **b. Investment Company Act file number:** 811-10401

- **c. CIK number of Registrant:** 0001141819

- **d. LEI of Registrant:** 549300O1N816L3GGRD45

- **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:** 513-520-5925

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

- **a. Name of Series:** ActivePassive International Equity ETF

- **b. EDGAR series identifier (if any):** S000075230

- **c. LEI of Series:** 549300UT08BF6KW7ZV25

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

- **a. Date of fiscal year-end:** 2025-08-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1133833775.99

**Total Liabilities:** $212158909.35

**Net Assets:** $921674866.64

**Cash Not Reported:** $231860.52

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234092 | -0.55%               | 1.64%                | 4.84%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6562759.64              | $-14113181.26                              |
| Month 2  | $595939.40               | $10143981.29                               |
| Month 3  | $798624.30               | $36737838.68                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ABB Ltd                                   | ABB Ltd                                                   | CUSIP: 000375204<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |     83041 | NS      | $4704272.65   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                             | AIA Group Ltd                                             | CUSIP: 001317205<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    132264 | NS      | $4399100.64   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ATRenew Inc                               | ATRenew Inc                                               | CUSIP: 00138L108<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     30810 | NS      | $79489.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AMTD IDEA Group                           | AMTD IDEA Group                                           | CUSIP: 00180G304<br>LEI: 549300KHWPN26J8NTV43 | Long             | EC               | CORP              | HK        |     69032 | NS      | $69722.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AP Moller - Maersk A/S                    | AP Moller - Maersk A/S                                    | CUSIP: 00202F102<br>LEI: 549300D2K6PKKKXVNN73 | Long             | EC               | CORP              | DK        |     92310 | NS      | $829866.90    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co Ltd             | ASE Technology Holding Co Ltd                             | CUSIP: 00215W100<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |    109849 | NS      | $1030383.62   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| adidas AG                                 | adidas AG                                                 | CUSIP: 00687A107<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |      9036 | NS      | $1125072.36   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Agricultural Bank of China Ltd            | Agricultural Bank of China Ltd                            | CUSIP: 00850M102<br>LEI: 549300E7TSGLCOVSY746 | Long             | EC               | CORP              | CN        |     41878 | NS      | $669629.22    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide SA                            | Air Liquide SA                                            | CUSIP: 009126202<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |    114162 | NS      | $4725165.18   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                 | Airbus SE                                                 | CUSIP: 009279100<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | FR        |     78191 | NS      | $3578802.07   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Akzo Nobel NV                             | Akzo Nobel NV                                             | CUSIP: 010199503<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |    114114 | NS      | $2601799.20   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Alibaba Group Holding Ltd                 | Alibaba Group Holding Ltd                                 | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |     97599 | NS      | $11110670.16  | 1.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Allianz SE                                | Allianz SE                                                | CUSIP: 018820100<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |    180526 | NS      | $7147024.34   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Alstom SA                                 | Alstom SA                                                 | CUSIP: 021244207<br>LEI: 96950032TUYMW11FB530 | Long             | EC               | CORP              | FR        |   1772762 | NS      | $3935531.64   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA                       | Amadeus IT Group SA                                       | CUSIP: 02263T104<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |      2856 | NS      | $237847.68    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambev SA                                  | Ambev SA                                                  | CUSIP: 02319V103<br>LEI: 549300TH5Q6VRP8OT012 | Long             | EC               | CORP              | BR        |    364253 | NS      | $888777.32    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| America Movil SAB de CV                   | America Movil SAB de CV                                   | CUSIP: 02390A101<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |     18115 | NS      | $306143.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglo American PLC                        | Anglo American PLC                                        | CUSIP: 03485P409<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |     66345 | NS      | $867792.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Anhui Conch Cement Co Ltd                 | Anhui Conch Cement Co Ltd                                 | CUSIP: 035243104<br>LEI: 300300JVKW56SSAEQZ33 | Long             | EC               | CORP              | CN        |     32467 | NS      | $414278.92    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev SA/NV                | Anheuser-Busch InBev SA/NV                                | CUSIP: 03524A108<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |    148283 | NS      | $10452468.67  | 1.13%             |  |  |  | No            |                  1 | On Loan: —       |
| ANTA Sports Products Ltd                  | ANTA Sports Products Ltd                                  | CUSIP: 03662P107<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | CN        |      2145 | NS      | $656198.40    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ANZ Group Holdings Ltd                    | ANZ Group Holdings Ltd                                    | CUSIP: 03736N104<br>LEI: 9845005D9C6BAA10BK72 | Long             | EC               | CORP              | AU        |      3283 | NS      | $61786.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashtead Group PLC                         | Ashtead Group PLC                                         | CUSIP: 045055100<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |      1849 | NS      | $436364.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Asics Corp                                | Asics Corp                                                | CUSIP: 04521N101<br>LEI: 3538002LJMRZ83SU0B85 | Long             | EC               | CORP              | JP        |      1712 | NS      | $41156.48     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Assa Abloy AB                             | Assa Abloy AB                                             | CUSIP: 045387107<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |    313962 | NS      | $4966878.84   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated British Foods PLC              | Associated British Foods PLC                              | CUSIP: 045519402<br>LEI: GBQKSY6W7G0OHCQ8OQ72 | Long             | EC               | CORP              | GB        |     11648 | NS      | $328939.52    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                           | AstraZeneca PLC                                           | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    165665 | NS      | $12065381.95  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB                            | Atlas Copco AB                                            | CUSIP: 049255706<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |     41506 | NS      | $669491.78    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB                            | Atlas Copco AB                                            | CUSIP: 049255805<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |     16354 | NS      | $232717.42    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Auto Trader Group PLC                     | Auto Trader Group PLC                                     | CUSIP: 05277E104<br>LEI: 213800QLK9BZILB1DI86 | Long             | EC               | CORP              | GB        |    844679 | NS      | $2238399.35   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Autohome Inc                              | Autohome Inc                                              | CUSIP: 05278C107<br>LEI: 529900NYB6ZGZN3MVT56 | Long             | EC               | CORP              | CN        |     11434 | NS      | $280361.68    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AXA SA                                    | AXA SA                                                    | CUSIP: 054536107<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |     31904 | NS      | $1508421.12   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                           | BAE Systems PLC                                           | CUSIP: 05523R107<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     36790 | NS      | $3782012.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| BASF SE                                   | BASF SE                                                   | CUSIP: 055262505<br>LEI: 529900PM64WH8AF1E917 | Long             | EC               | CORP              | DE        |    125578 | NS      | $1511959.12   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                            | BNP Paribas SA                                            | CUSIP: 05565A202<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |    107663 | NS      | $4733942.11   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Co Ltd                                | BYD Co Ltd                                                | CUSIP: 05606L100<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |     31672 | NS      | $3135528.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| Baidu Inc                                 | Baidu Inc                                                 | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | CN        |     11363 | NS      | $930629.70    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Banco BBVA Argentina SA                   | Banco BBVA Argentina SA                                   | CUSIP: 058934100<br>LEI: 579100KKDBKJFDKKD024 | Long             | EC               | CORP              | AR        |     13701 | NS      | $269361.66    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BBVA                                      | Banco Bilbao Vizcaya Argentaria SA                        | CUSIP: 05946K101<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |    455105 | NS      | $6844779.20   | 0.74%             |  |  |  | No            |                  1 | On Loan: —       |
| Banco Santander SA                        | Banco Santander SA                                        | CUSIP: 05964H105<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |   1049733 | NS      | $8366372.01   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander Chile                     | Banco Santander Chile                                     | CUSIP: 05965X109<br>LEI: 3YJP8HORPAEXJ80D6368 | Long             | EC               | CORP              | CL        |     11018 | NS      | $265974.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander Brasil SA                 | Banco Santander Brasil SA                                 | CUSIP: 05967A107<br>LEI: 549300D1H731B30TSI43 | Long             | EC               | CORP              | BR        |     13823 | NS      | $71879.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of China Ltd                         | Bank of China Ltd                                         | CUSIP: 06426M104<br>LEI: 54930053HGCFWVHYZX42 | Long             | EC               | CORP              | CN        |    153703 | NS      | $2230230.53   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Baozun Inc                                | Baozun Inc                                                | CUSIP: 06684L103<br>LEI: 549300IF0HZ7T4762633 | Long             | EC               | CORP              | CN        |     15576 | NS      | $44391.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                              | Barclays PLC                                              | CUSIP: 06738E204<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |    473015 | NS      | $8433857.45   | 0.92%             |  |  |  | No            |                  1 | On Loan: —       |
| Barrick Mining Corp                       | Barrick Mining Corp                                       | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |     38832 | NS      | $744021.12    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bayer AG                                  | Bayer AG                                                  | CUSIP: 072730302<br>LEI: 549300J4U55H3WP1XT59 | Long             | EC               | CORP              | DE        |     41498 | NS      | $293390.86    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BeOne Medicines Ltd                       | BeOne Medicines Ltd                                       | CUSIP: 07725L102<br>LEI: 549300JFUK6FRD5MH739 | Long             | EC               | CORP              | US        |      3823 | NS      | $938852.34    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Belite Bio Inc                            | Belite Bio Inc                                            | CUSIP: 07782B104<br>LEI: 984500BD54036BOEAE79 | Long             | EC               | CORP              | US        |       410 | NS      | $26596.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkeley Group Holdings PLC               | Berkeley Group Holdings PLC                               | CUSIP: 08425P302<br>LEI: 2138009OQSSLVVHQAL78 | Long             | EC               | CORP              | GB        |     73152 | NS      | $850026.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| BHP Group Ltd                             | BHP Group Ltd                                             | CUSIP: 088606108<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |    136033 | NS      | $6664256.67   | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| Bilibili Inc                              | Bilibili Inc                                              | CUSIP: 090040106<br>LEI: 5493008V60M52L3PIS45 | Long             | EC               | CORP              | CN        |     19397 | NS      | $354965.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| BioNTech SE                               | BioNTech SE                                               | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             | EC               | CORP              | DE        |      2537 | NS      | $243069.97    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BRF SA                                    | BRF SA                                                    | CUSIP: 10552T107<br>LEI: 254900MTXR9LUVQFU480 | Long             | EC               | CORP              | BR        |     36545 | NS      | $128272.95    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Advantest Corp                            | Advantest Corp                                            | CUSIP: 00762U200<br>LEI: 353800EMK32PDKS9XR54 | Long             | EC               | CORP              | JP        |     38387 | NS      | $1932017.71   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC              | British American Tobacco PLC                              | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |    178222 | NS      | $8055634.40   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunzl PLC                                 | Bunzl PLC                                                 | CUSIP: 120738406<br>LEI: 213800Q1Q9DV4L78UM09 | Long             | EC               | CORP              | GB        |      6075 | NS      | $97503.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Aena SME SA                               | Aena SME SA                                               | CUSIP: 00774W103<br>LEI: 959800R7QMXKF0NFMT29 | Long             | EC               | CORP              | ES        |     49516 | NS      | $1333465.88   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Adyen NV                                  | Adyen NV                                                  | CUSIP: 00783V104<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |    107508 | NS      | $2058778.20   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CaixaBank SA                              | CaixaBank SA                                              | CUSIP: 12803K109<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | EC               | CORP              | ES        |    118556 | NS      | $333142.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Canaan Inc                                | Canaan Inc                                                | CUSIP: 134748102<br>LEI: 254900OEOGK9ALNMUN24 | Long             | EC               | CORP              | SG        |     49394 | NS      | $29996.98     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Agora Inc                                 | Agora Inc                                                 | CUSIP: 00851L103<br>LEI: 5493001S8SBPD13GC964 | Long             | EC               | CORP              | CN        |      5327 | NS      | $19070.66     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcelorMittal SA                          | ArcelorMittal SA                                          | CUSIP: 03938L203<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | EC               | CORP              | LU        |     99118 | NS      | $3031028.44   | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Canadian Pacific Kansas City L            | Canadian Pacific Kansas City Ltd                          | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     33155 | NS      | $2707105.75   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cango Inc/KY                              | Cango Inc/KY                                              | CUSIP: 137586103<br>LEI: 5299003TQHBB4QUSZB86 | Long             | EC               | CORP              | CN        |      5721 | NS      | $26030.55     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                 | Argenx SE                                                 | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |      2856 | NS      | $1637230.56   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ARM Holdings PLC                          | ARM Holdings PLC                                          | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Long             | EC               | CORP              | GB        |      2821 | NS      | $351327.34    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Ascendis Pharma A/S                       | Ascendis Pharma A/S                                       | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      2907 | NS      | $473375.88    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                    | BP PLC                                                    | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |    153019 | NS      | $4452852.90   | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Canon Inc                                 | Canon Inc                                                 | CUSIP: 138006309<br>LEI: 529900JH1GSC035SSP77 | Long             | EC               | CORP              | JP        |      1690 | NS      | $51663.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Capgemini SE                              | Capgemini SE                                              | CUSIP: 13961R100<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |     72591 | NS      | $2420183.94   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp                             | Carnival Corp                                             | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | US        |     75286 | NS      | $1748140.92   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival PLC                              | Carnival PLC                                              | CUSIP: 14365C103<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | EC               | CORP              | US        |     28044 | NS      | $586400.04    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellnex Telecom SA                        | Cellnex Telecom SA                                        | CUSIP: 15117X105<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |      2141 | NS      | $41000.15     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cemex SAB de CV                           | Cemex SAB de CV                                           | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |     93263 | NS      | $638851.55    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Valterra Platinum Limited                 | Valterra Platinum Limited                                 | CUSIP: 03486T202<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |     20366 | NS      | $135232.69    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Eletrobras SA                             | Centrais Eletricas Brasileiras SA                         | CUSIP: 15234Q207<br>LEI: 254900I8KYDELP4B4Z08 | Long             | EC               | CORP              | BR        |     37042 | NS      | $271517.86    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Puerto SA                         | Central Puerto SA                                         | CUSIP: 155038201<br>LEI: 2549005JLIWQ6B7VNR38 | Long             | EC               | CORP              | AR        |      5909 | NS      | $76876.09     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Construction Bank Corp              | China Construction Bank Corp                              | CUSIP: 168919108<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |    294497 | NS      | $5253826.48   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercedes-Benz Group AG                    | Mercedes-Benz Group AG                                    | CUSIP: 233825207<br>LEI: 529900R27DL06UVNT076 | Long             | EC               | CORP              | DE        |    181254 | NS      | $2697059.52   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                           | AstraZeneca PLC                                           | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     14065 | NS      | $2813.00      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| DRDGOLD Ltd                               | DRDGOLD Ltd                                               | CUSIP: 26152H301<br>LEI: 529900Z0P3GRRN23MG34 | Long             | EC               | CORP              | ZA        |     14757 | NS      | $221502.57    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DSV A/S                                   | DSV A/S                                                   | CUSIP: 26251A108<br>LEI: 529900X41C0BSLK67H70 | Long             | EC               | CORP              | DK        |     18204 | NS      | $2150802.60   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Eni SpA                                   | Eni SpA                                                   | CUSIP: 26874R108<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | EC               | CORP              | IT        |    109515 | NS      | $3237263.40   | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Embotelladora Andina SA                   | Embotelladora Andina SA                                   | CUSIP: 29081P204<br>LEI: 254900NNPKP1J9XTSA53 | Long             | EC               | CORP              | CL        |       889 | NS      | $18224.59     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Embotelladora Andina SA                   | Embotelladora Andina SA                                   | CUSIP: 29081P303<br>LEI: 254900NNPKP1J9XTSA53 | Long             | EC               | CORP              | CL        |     19230 | NS      | $510364.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Embraer SA                                | Embraer SA                                                | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |     15368 | NS      | $706774.32    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Enel SpA                                  | Enel SpA                                                  | CUSIP: 29265W207<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |    633985 | NS      | $5807302.60   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco SA                         | Banco Bradesco SA                                         | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |    320885 | NS      | $924148.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco de Chile                            | Banco de Chile                                            | CUSIP: 059520106<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | EC               | CORP              | CL        |      8231 | NS      | $248658.51    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco do Brasil SA                        | Banco do Brasil SA                                        | CUSIP: 059578104<br>LEI: QE0Q0253K88YAGNPE356 | Long             | EC               | CORP              | BR        |    119833 | NS      | $497306.95    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Banco Macro SA                            | Banco Macro SA                                            | CUSIP: 05961W105<br>LEI: 579100KKDKKIFEBKK040 | Long             | EC               | CORP              | AR        |      3876 | NS      | $327560.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Brainsway Ltd                             | Brainsway Ltd                                             | CUSIP: 10501L106<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     20997 | NS      | $214169.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Brambles Ltd                              | Brambles Ltd                                              | CUSIP: 105105209<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     51169 | NS      | $1536093.38   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Braskem SA                                | Braskem SA                                                | CUSIP: 105532105<br>LEI: 549300RPMQUFGBB7EY44 | Long             | EC               | CORP              | BR        |     18511 | NS      | $70156.69     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EHang Holdings Ltd                        | EHang Holdings Ltd                                        | CUSIP: 26853E102<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4241 | NS      | $68789.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| E.ON SE                                   | E.ON SE                                                   | CUSIP: 268780103<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | EC               | CORP              | DE        |     57278 | NS      | $1012675.04   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecopetrol SA                              | Ecopetrol SA                                              | CUSIP: 279158109<br>LEI: 254900IDGKCJICKBPA66 | Long             | EC               | CORP              | CO        |     91498 | NS      | $774988.06    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| EDENOR                                    | Empresa Distribuidora Y Comercializadora Norte            | CUSIP: 29244A102<br>LEI: 254900JU7TV6VS9GRW29 | Long             | EC               | CORP              | AR        |      2578 | NS      | $85177.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius Medical Care AG                 | Fresenius Medical Care AG                                 | CUSIP: 358029106<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |     58899 | NS      | $1672731.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| FUJIFILM Holdings Corp                    | FUJIFILM Holdings Corp                                    | CUSIP: 35958N107<br>LEI: 529900UBKMFM0ST6H474 | Long             | EC               | CORP              | JP        |     50471 | NS      | $568808.17    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujitsu Ltd                               | Fujitsu Ltd                                               | CUSIP: 359590304<br>LEI: 3538000246DHJLRTUZ24 | Long             | EC               | CORP              | JP        |    136218 | NS      | $3118030.02   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Full Truck Alliance Co Ltd                | Full Truck Alliance Co Ltd                                | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               | CORP              | CN        |     47132 | NS      | $548145.16    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Kao Corp                                  | Kao Corp                                                  | CUSIP: 485537401<br>LEI: 353800HM38HFCB8RGL63 | Long             | EC               | CORP              | JP        |     68135 | NS      | $622753.90    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kanzhun Ltd                               | Kanzhun Ltd                                               | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | CN        |      6397 | NS      | $108493.12    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Kasikornbank PCL                          | Kasikornbank PCL                                          | CUSIP: 485785109<br>LEI: 5493004COSQ54937AW41 | Long             | EC               | CORP              | TH        |      9716 | NS      | $180814.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaspi.KZ JSC                              | Kaspi.KZ JSC                                              | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |      3663 | NS      | $292179.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Li Auto Inc                               | Li Auto Inc                                               | CUSIP: 50202M102<br>LEI: 2549003R73Q70J5H4I65 | Long             | EC               | CORP              | CN        |     30368 | NS      | $860629.12    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Lenovo Group Ltd                          | Lenovo Group Ltd                                          | CUSIP: 526250105<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | CN        |     28931 | NS      | $662519.90    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo SpA                              | Leonardo SpA                                              | CUSIP: 52660W101<br>LEI: 529900X4EEX1U9LN3U39 | Long             | EC               | CORP              | IT        |      9820 | NS      | $303830.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LexinFintech Holdings Ltd                 | LexinFintech Holdings Ltd                                 | CUSIP: 528877103<br>LEI: 549300F9QU71NQ28CS19 | Long             | EC               | CORP              | CN        |     11280 | NS      | $81780.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Corp                           | Mitsubishi Corp                                           | CUSIP: 606769404<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | EC               | CORP              | JP        |     12822 | NS      | $259512.15    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corp                  | Mitsubishi Electric Corp                                  | CUSIP: 606776201<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |     45542 | NS      | $1814848.70   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Estate Co Ltd                  | Mitsubishi Estate Co Ltd                                  | CUSIP: 606783207<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |      1433 | NS      | $26023.28     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC                         | HSBC Holdings PLC                                         | CUSIP: 404280406<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |    153316 | NS      | $9088572.48   | 0.99%             |  |  |  | No            |                  1 | On Loan: —       |
| Henkel AG & Co KGaA                       | Henkel AG & Co KGaA                                       | CUSIP: 42550U109<br>LEI: 549300VZCL1HTH4O4Y49 | Long             | EC               | CORP              | DE        |    110464 | NS      | $2029223.68   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Henkel AG & Co KGaA                       | Henkel AG & Co KGaA                                       | CUSIP: 42550U208<br>LEI: 549300VZCL1HTH4O4Y49 | Long             | EC               | CORP              | DE        |     10238 | NS      | $205988.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Hermes International SCA                  | Hermes International SCA                                  | CUSIP: 42751Q105<br>LEI: 969500Y4IJGHJE2MTJ13 | Long             | EC               | CORP              | FR        |     17005 | NS      | $4685727.75   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Steel Corp                         | Nippon Steel Corp                                         | CUSIP: 65461T101<br>LEI: 35380065QWQ4U2V3PA33 | Long             | EC               | CORP              | JP        |     64432 | NS      | $434271.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Yusen KK                           | Nippon Yusen KK                                           | CUSIP: 654633304<br>LEI: 353800YPW4XM0ZN5I149 | Long             | EC               | CORP              | JP        |     56815 | NS      | $415317.65    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hesai Group                               | Hesai Group                                               | CUSIP: 428050108<br>LEI: 836800KOYHURQT1JZY11 | Long             | EC               | CORP              | CN        |      4253 | NS      | $80211.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexagon AB                                | Hexagon AB                                                | CUSIP: 428263107<br>LEI: 549300WJFW6ILNI4TA80 | Long             | EC               | CORP              | SE        |    168393 | NS      | $1690665.72   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Himax Technologies Inc                    | Himax Technologies Inc                                    | CUSIP: 43289P106<br>LEI: 529900Z6XWS79D8T1X09 | Long             | EC               | CORP              | TW        |     33788 | NS      | $275372.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Ltd                               | Hitachi Ltd                                               | CUSIP: 433578507<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |    181605 | NS      | $5048619.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                                 | Holcim AG                                                 | CUSIP: 43475E105<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |     97577 | NS      | $2159379.01   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Honda Motor Co Ltd                        | Honda Motor Co Ltd                                        | CUSIP: 438128308<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | EC               | CORP              | JP        |     53467 | NS      | $1631812.84   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| HKEX                                      | Hong Kong Exchanges & Clearing Ltd                        | CUSIP: 43858F109<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |     97942 | NS      | $4904935.36   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoya Corp                                 | Hoya Corp                                                 | CUSIP: 443251103<br>LEI: 353800X4VR3BHEUCJB42 | Long             | EC               | CORP              | JP        |     22151 | NS      | $2605400.62   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HUYA Inc                                  | HUYA Inc                                                  | CUSIP: 44852D108<br>LEI: 549300WPEZ00T1MABE80 | Long             | EC               | CORP              | CN        |     34673 | NS      | $131410.67    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IMCD NV                                   | IMCD NV                                                   | CUSIP: 44970W103<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |     19045 | NS      | $1281157.15   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| IRSA Inversiones y Representac            | IRSA Inversiones y Representaciones SA                    | CUSIP: 450047303<br>LEI: 549300QJINFBX83IZ837 | Long             | EC               | CORP              | AR        |     11681 | NS      | $176383.10    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                              | Iberdrola SA                                              | CUSIP: 450737101<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |     76474 | NS      | $5603249.98   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel Chile SA                             | Enel Chile SA                                             | CUSIP: 29278D105<br>LEI: 549300YM5CWCAUVOPB53 | Long             | EC               | CORP              | CL        |     81920 | NS      | $290816.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinor ASA                               | Equinor ASA                                               | CUSIP: 29446M102<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | EC               | CORP              | NO        |    116881 | NS      | $2745534.69   | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Nissan Motor Co Ltd                       | Nissan Motor Co Ltd                                       | CUSIP: 654744408<br>LEI: 353800DRBDH1LUTNAY26 | Long             | EC               | CORP              | JP        |      9481 | NS      | $47689.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Noah Holdings Ltd                         | Noah Holdings Ltd                                         | CUSIP: 65487X102<br>LEI: 3003008QW3IHPD3NTU41 | Long             | EC               | CORP              | CN        |     11998 | NS      | $123699.38    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                            | ICICI Bank Ltd                                            | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |    103266 | NS      | $3535827.84   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Impala Platinum Holdings Ltd              | Impala Platinum Holdings Ltd                              | CUSIP: 452553308<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |      5500 | NS      | $40150.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ericsson                                  | Telefonaktiebolaget LM Ericsson                           | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |    252258 | NS      | $2134102.68   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Erste Group Bank AG                       | Erste Group Bank AG                                       | CUSIP: 296036304<br>LEI: PQOH26KWDF7CG10L6792 | Long             | EC               | CORP              | AT        |     15943 | NS      | $642024.61    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MINISO Group Holding Ltd                  | MINISO Group Holding Ltd                                  | CUSIP: 66981J102<br>LEI: 2549006PIKT2YKNBL092 | Long             | EC               | CORP              | CN        |      8277 | NS      | $140874.54    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Telkom Indonesia Persero Tbk P            | Telkom Indonesia Persero Tbk PT                           | CUSIP: 715684106<br>LEI: 529900M5SQZAOKV1PC81 | Long             | EC               | CORP              | ID        |     17511 | NS      | $300313.65    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EssilorLuxottica SA                       | EssilorLuxottica SA                                       | CUSIP: 297284200<br>LEI: 549300M3VH1A3ER1TB49 | Long             | EC               | CORP              | FR        |     32773 | NS      | $4570522.58   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution AB                              | Evolution AB                                              | CUSIP: 30051E104<br>LEI: 549300SUH6ZR1RF6TA88 | Long             | EC               | CORP              | SE        |      1650 | NS      | $113157.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Experian PLC                              | Experian PLC                                              | CUSIP: 30215C101<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | IE        |     91367 | NS      | $4557385.96   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| FANUC Corp                                | FANUC Corp                                                | CUSIP: 307305102<br>LEI: 529900QTSW745LOKW705 | Long             | EC               | CORP              | JP        |    251747 | NS      | $3363339.92   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fast Retailing Co Ltd                     | Fast Retailing Co Ltd                                     | CUSIP: 31188H101<br>LEI: 353800ZCXKHDPY0N5218 | Long             | EC               | CORP              | JP        |     81519 | NS      | $2708061.18   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FinVolution Group                         | FinVolution Group                                         | CUSIP: 31810T101<br>LEI: 3003000RAVUT809U6P08 | Long             | EC               | CORP              | CN        |      1989 | NS      | $16628.04     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund                | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   6458634 | NS      | $6458633.88   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano SAB            | Fomento Economico Mexicano SAB de CV                      | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |      9916 | NS      | $1056351.48   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortescue Ltd                             | Fortescue Ltd                                             | CUSIP: 34959A206<br>LEI: 529900VEJFORCO6I4826 | Long             | EC               | CORP              | AU        |     47974 | NS      | $953243.38    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Futu Holdings Ltd                         | Futu Holdings Ltd                                         | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               | CORP              | HK        |      6118 | NS      | $623607.74    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                       | Societe Generale SA                                       | CUSIP: 83364L109<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |    133105 | NS      | $1454837.65   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Group Corp                       | SoftBank Group Corp                                       | CUSIP: 83404D109<br>LEI: 5493003BZYYYCDIO0R13 | Long             | EC               | CORP              | JP        |     68918 | NS      | $1799448.98   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Sohu.com Ltd                              | Sohu.com Ltd                                              | CUSIP: 83410S108<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1656 | NS      | $16659.36     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sompo Holdings Inc                        | Sompo Holdings Inc                                        | CUSIP: 83540J101<br>LEI: 353800CWW4SRGEYEB512 | Long             | EC               | CORP              | JP        |    108498 | NS      | $1637234.82   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Telecom Argentina SA                      | Telecom Argentina SA                                      | CUSIP: 879273209<br>LEI: 549300MKPIRSJD8SB782 | Long             | EC               | CORP              | AR        |      3915 | NS      | $38171.25     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonica SA                             | Telefonica SA                                             | CUSIP: 879382208<br>LEI: 549300EEJH4FEPDBBR25 | Long             | EC               | CORP              | ES        |    615070 | NS      | $3266021.70   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris SA                                | Tenaris SA                                                | CUSIP: 88031M109<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |     22526 | NS      | $753494.70    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Ultrapar Participacoes SA                 | Ultrapar Participacoes SA                                 | CUSIP: 90400P101<br>LEI: 529900FU4XBXGQMLRE72 | Long             | EC               | CORP              | BR        |     17375 | NS      | $49518.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Brands PLC                       | Imperial Brands PLC                                       | CUSIP: 45262P102<br>LEI: 549300DFVPOB67JL3A42 | Long             | EC               | CORP              | GB        |     64025 | NS      | $2430389.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ICBC                                      | Industrial & Commercial Bank of China Ltd                 | CUSIP: 455807107<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               | CORP              | CN        |    154088 | NS      | $2231194.24   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Inpex Corp                                | Inpex Corp                                                | CUSIP: 45790H101<br>LEI: 353800VHYYADPR6MXQ47 | Long             | EC               | CORP              | JP        |     79104 | NS      | $1059993.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| InterContinental Hotels Group             | InterContinental Hotels Group PLC                         | CUSIP: 45857P806<br>LEI: 2138007ZFQYRUSLU3J98 | Long             | EC               | CORP              | GB        |     33651 | NS      | $3898131.84   | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| GDS Holdings Ltd                          | GDS Holdings Ltd                                          | CUSIP: 36165L108<br>LEI: 391200MGV8DDCHTN2R77 | Long             | EC               | CORP              | CN        |     12475 | NS      | $295532.75    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Galapagos NV                              | Galapagos NV                                              | CUSIP: 36315X101<br>LEI: 549300QKJ78IY0IOV655 | Long             | EC               | CORP              | BE        |     21610 | NS      | $621503.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Geberit AG                                | Geberit AG                                                | CUSIP: 36840V109<br>LEI: 52990093Z5OHD6T7BS47 | Long             | EC               | CORP              | CH        |      4667 | NS      | $348064.86    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Geely Automobile Holdings Ltd             | Geely Automobile Holdings Ltd                             | CUSIP: 36847Q103<br>LEI: 549300YS3T1KVQ2SNI84 | Long             | EC               | CORP              | HK        |     36713 | NS      | $1629690.07   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Genfit SA                                 | Genfit SA                                                 | CUSIP: 372279109<br>LEI: 969500XPWN2DMZQA5X73 | Long             | EC               | CORP              | FR        |      3302 | NS      | $14958.06     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Genmab A/S                                | Genmab A/S                                                | CUSIP: 372303206<br>LEI: 529900MTJPDPE4MHJ122 | Long             | EC               | CORP              | DK        |     30008 | NS      | $628667.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CK Hutchison Holdings Ltd                 | CK Hutchison Holdings Ltd                                 | CUSIP: 12562Y100<br>LEI: 254900Z8HM1VEPOQ2G79 | Long             | EC               | CORP              | HK        |    261335 | NS      | $1453022.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Clicks Group Ltd                          | Clicks Group Ltd                                          | CUSIP: 18682W205<br>LEI: 378900E967958A677472 | Long             | EC               | CORP              | ZA        |     54600 | NS      | $2376192.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Intesa Sanpaolo SpA                       | Intesa Sanpaolo SpA                                       | CUSIP: 46115H107<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |    118532 | NS      | $3970822.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| iQIYI Inc                                 | iQIYI Inc                                                 | CUSIP: 46267X108<br>LEI: 222100XL8T2Q5B8MS302 | Long             | EC               | CORP              | CN        |     22519 | NS      | $36030.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding SA                  | Itau Unibanco Holding SA                                  | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |    240796 | NS      | $1586845.64   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corp                               | ITOCHU Corp                                               | CUSIP: 465717106<br>LEI: J48DJYXDTLHM30UMYI18 | Long             | EC               | CORP              | JP        |     19538 | NS      | $2078647.82   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| JOYY Inc                                  | JOYY Inc                                                  | CUSIP: 46591M109<br>LEI: 549300N6CHVU5CQZPW24 | Long             | EC               | CORP              | SG        |      9971 | NS      | $477411.48    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| JBS S/A                                   | JBS S/A                                                   | CUSIP: 466110103<br>LEI: 529900RM0MTMZL9O5050 | Long             | EC               | CORP              | BR        |      7211 | NS      | $102035.65    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| James Hardie Industries PLC               | James Hardie Industries PLC                               | CUSIP: 47030M106<br>LEI: 635400NSGXKTVOO7JU45 | Long             | EC               | CORP              | IE        |      1991 | NS      | $46390.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| JD.com Inc                                | JD.com Inc                                                | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |    116340 | NS      | $3770579.40   | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| JinkoSolar Holding Co Ltd                 | JinkoSolar Holding Co Ltd                                 | CUSIP: 47759T100<br>LEI: 529900Y93WNCS05FG852 | Long             | EC               | CORP              | CN        |      6708 | NS      | $121280.64    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Unicharm Corp                             | Unicharm Corp                                             | CUSIP: 90460M204<br>LEI: 353800UQ4BZIJTAQEG85 | Long             | EC               | CORP              | JP        |      9830 | NS      | $39418.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                             | UniCredit SpA                                             | CUSIP: 904678406<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |     63031 | NS      | $2025816.34   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                              | Unilever PLC                                              | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    146809 | NS      | $9372286.56   | 1.02%             |  |  |  | No            |                  1 | On Loan: —       |
| United Microelectronics Corp              | United Microelectronics Corp                              | CUSIP: 910873405<br>LEI: 391200YJCAGH9LF96P73 | Long             | EC               | CORP              | TW        |    167502 | NS      | $1274690.22   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| United Overseas Bank Ltd                  | United Overseas Bank Ltd                                  | CUSIP: 911271302<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | EC               | CORP              | SG        |     21146 | NS      | $1167047.74   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Music Group NV                  | Universal Music Group NV                                  | CUSIP: 91377B109<br>LEI: 724500GJBUL3D9TW9Y18 | Long             | EC               | CORP              | NL        |    163618 | NS      | $2603162.38   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| UPM-Kymmene Oyj                           | UPM-Kymmene Oyj                                           | CUSIP: 915436208<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |      2553 | NS      | $70845.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VEON Ltd                                  | VEON Ltd                                                  | CUSIP: 91822M502<br>LEI: 5493008CA3NMHYEVT131 | Long             | EC               | CORP              | NL        |     14444 | NS      | $764809.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                   | Vale SA                                                   | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    239280 | NS      | $2184626.40   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard FTSE Developed Market            | Vanguard FTSE Developed Markets ETF                       | CUSIP: 921943858<br>LEI: N/A                  | Long             | EC               | RF                | US        |     47165 | NS      | $2621430.70   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Vanguard FTSE Emerging Markets            | Vanguard FTSE Emerging Markets ETF                        | CUSIP: 922042858<br>LEI: N/A                  | Long             | EC               | RF                | US        |     10311 | NS      | $484617.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| VAT Group AG                              | VAT Group AG                                              | CUSIP: 92243F100<br>LEI: 529900MVFK7NVALR7Y83 | Long             | EC               | CORP              | CH        |     32784 | NS      | $1241038.32   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Veolia Environnement SA                   | Veolia Environnement SA                                   | CUSIP: 92334N103<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |      2553 | NS      | $44115.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Verona Pharma PLC                         | Verona Pharma PLC                                         | CUSIP: 925050106<br>LEI: 213800EVI6O6J3TIAL06 | Long             | EC               | CORP              | GB        |      1181 | NS      | $95897.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestas Wind Systems A/S                   | Vestas Wind Systems A/S                                   | CUSIP: 925458101<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |      4954 | NS      | $26008.50     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vinci SA                                  | Vinci SA                                                  | CUSIP: 927320101<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |      9719 | NS      | $347940.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vipshop Holdings Ltd                      | Vipshop Holdings Ltd                                      | CUSIP: 92763W103<br>LEI: 549300I9F52K06HPZX60 | Long             | EC               | CORP              | CN        |     49138 | NS      | $677613.02    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vista Energy SAB de CV                    | Vista Energy SAB de CV                                    | CUSIP: 92837L109<br>LEI: 549300UDOHP7958KNS89 | Long             | EC               | CORP              | MX        |      6473 | NS      | $320607.69    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Volvo AB                                  | Volvo AB                                                  | CUSIP: 928854108<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |     66378 | NS      | $1844644.62   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Vonovia SE                                | Vonovia SE                                                | CUSIP: 92887H107<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | EC               | CORP              | DE        |     61733 | NS      | $1011186.54   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WH Group Ltd                              | WH Group Ltd                                              | CUSIP: 92890T205<br>LEI: 254900A4AYEDRWYSE928 | Long             | EC               | CORP              | HK        |     44132 | NS      | $810704.84    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| WPP PLC                                   | WPP PLC                                                   | CUSIP: 92937A102<br>LEI: 549300LSGBXPYHXGDT93 | Long             | EC               | CORP              | GB        |     49362 | NS      | $1994718.42   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Wal-Mart de Mexico SAB de CV              | Wal-Mart de Mexico SAB de CV                              | CUSIP: 93114W107<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      2277 | NS      | $74389.59     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Weibo Corp                                | Weibo Corp                                                | CUSIP: 948596101<br>LEI: 549300Q9ID4640FE0422 | Long             | EC               | CORP              | CN        |     70532 | NS      | $638314.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| WeRide Inc                                | WeRide Inc                                                | CUSIP: 950915108<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     25177 | NS      | $249252.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Wipro Ltd                                 | Wipro Ltd                                                 | CUSIP: 97651M109<br>LEI: 335800IFS1IJHESG8362 | Long             | EC               | CORP              | IN        |    248243 | NS      | $714939.84    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Wolters Kluwer NV                         | Wolters Kluwer NV                                         | CUSIP: 977874205<br>LEI: 724500TEM53I0U077B74 | Long             | EC               | CORP              | NL        |     17561 | NS      | $3120238.48   | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| Woodside Energy Group Ltd                 | Woodside Energy Group Ltd                                 | CUSIP: 980228308<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |     90609 | NS      | $1298426.97   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Woori Financial Group Inc                 | Woori Financial Group Inc                                 | CUSIP: 981064108<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     30416 | NS      | $1268043.04   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Wuxi Biologics Cayman Inc                 | Wuxi Biologics Cayman Inc                                 | CUSIP: 98260N108<br>LEI: 5493001TD2TH6VDTJU11 | Long             | EC               | CORP              | CN        |     27544 | NS      | $173527.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| X Financial                               | X Financial                                               | CUSIP: 98372W202<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1471 | NS      | $27625.38     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Xunlei Ltd                                | Xunlei Ltd                                                | CUSIP: 98419E108<br>LEI: 529900PYSOIKBMQIQY91 | Long             | EC               | CORP              | CN        |     24711 | NS      | $138628.71    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiaomi Corp                               | Xiaomi Corp                                               | CUSIP: 98421U108<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | CN        |     20842 | NS      | $667360.84    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| XPeng Inc                                 | XPeng Inc                                                 | CUSIP: 98422D105<br>LEI: 549300TZNMIREMWQU857 | Long             | EC               | CORP              | CN        |     38800 | NS      | $749228.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| YPF SA                                    | YPF SA                                                    | CUSIP: 984245100<br>LEI: 5493003N7447U18U5U53 | Long             | EC               | CORP              | AR        |     18704 | NS      | $661747.52    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Yalla Group Ltd                           | Yalla Group Ltd                                           | CUSIP: 98459U103<br>LEI: 254900JO9GJYWVJTAX89 | Long             | EC               | CORP              | AE        |      9153 | NS      | $63155.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zai Lab Ltd                               | Zai Lab Ltd                                               | CUSIP: 98887Q104<br>LEI: 549300P2UYQ9U5LY1T58 | Long             | EC               | CORP              | CN        |      8282 | NS      | $249619.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gerdau SA                                 | Gerdau SA                                                 | CUSIP: 373737105<br>LEI: 254900YDV6SEQQPZVG24 | Long             | EC               | CORP              | BR        |    160774 | NS      | $422835.62    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Givaudan SA                               | Givaudan SA                                               | CUSIP: 37636P108<br>LEI: 213800SVRMQA1TD91D41 | Long             | EC               | CORP              | CH        |     21884 | NS      | $2201092.72   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Gjensidige Forsikring ASA                 | Gjensidige Forsikring ASA                                 | CUSIP: 37636X101<br>LEI: 5967007LIEEXZX6FAO47 | Long             | EC               | CORP              | NO        |     88049 | NS      | $2159841.97   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Glencore PLC                              | Glencore PLC                                              | CUSIP: 37827X100<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | CH        |    120178 | NS      | $914554.58    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Fields Ltd                           | Gold Fields Ltd                                           | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |     46444 | NS      | $1068212.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Grifols SA                                | Grifols SA                                                | CUSIP: 398438408<br>LEI: 959800HSSNXWRKBK4N60 | Long             | EC               | CORP              | ES        |     30551 | NS      | $253878.81    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro            | Grupo Aeroportuario del Centro Norte SAB de CV            | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |      3495 | NS      | $346913.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifi            | Grupo Aeroportuario del Pacifico SAB de CV                | CUSIP: 400506101<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |      2573 | NS      | $591095.29    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Surest            | Grupo Aeroportuario del Sureste SAB de CV                 | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |      1392 | NS      | $448251.84    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB d            | Grupo Financiero Banorte SAB de CV                        | CUSIP: 40052P107<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      4383 | NS      | $193640.94    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Cibest SA                           | Grupo Cibest SA                                           | CUSIP: 40090E106<br>LEI: N/A                  | Long             | EC               | CORP              | CO        |     30182 | NS      | $1250440.26   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Julius Baer Group Ltd                     | Julius Baer Group Ltd                                     | CUSIP: 48137C108<br>LEI: 5299007MF0604ZGJER92 | Long             | EC               | CORP              | CH        |     22985 | NS      | $301563.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc                    | KB Financial Group Inc                                    | CUSIP: 48241A105<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |     26271 | NS      | $1963757.25   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| KE Holdings Inc                           | KE Holdings Inc                                           | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |     52169 | NS      | $963039.74    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| KT Corp                                   | KT Corp                                                   | CUSIP: 48268K101<br>LEI: 9884005ACF8449EANY26 | Long             | EC               | CORP              | KR        |    169417 | NS      | $3186733.77   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| KDDI Corp                                 | KDDI Corp                                                 | CUSIP: 48667L106<br>LEI: 5299003FU7V4I45FU310 | Long             | EC               | CORP              | JP        |     19269 | NS      | $333161.01    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Kering SA                                 | Kering SA                                                 | CUSIP: 492089107<br>LEI: 549300VGEJKB7SVUZR78 | Long             | EC               | CORP              | FR        |    196764 | NS      | $3860509.68   | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Kingfisher PLC                            | Kingfisher PLC                                            | CUSIP: 495724403<br>LEI: 213800KBMEV7I92FY281 | Long             | EC               | CORP              | GB        |     79297 | NS      | $592348.59    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingsoft Cloud Holdings Ltd               | Kingsoft Cloud Holdings Ltd                               | CUSIP: 49639K101<br>LEI: 875500HZE0VKCD0Z8K15 | Long             | EC               | CORP              | CN        |     23487 | NS      | $262349.79    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingspan Group PLC                        | Kingspan Group PLC                                        | CUSIP: 496402108<br>LEI: 635400HM7V74SUB9OG75 | Long             | EC               | CORP              | IE        |       588 | NS      | $50256.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Komatsu Ltd                               | Komatsu Ltd                                               | CUSIP: 500458401<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |     38595 | NS      | $1173288.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV             | Koninklijke Ahold Delhaize NV                             | CUSIP: 500467501<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |     24182 | NS      | $1020964.04   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Philips NV                    | Koninklijke Philips NV                                    | CUSIP: 500472303<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | EC               | CORP              | NL        |     78963 | NS      | $1819307.52   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Kone Oyj                                  | Kone Oyj                                                  | CUSIP: 50048H101<br>LEI: 2138001CNF45JP5XZK38 | Long             | EC               | CORP              | FI        |     27000 | NS      | $839700.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Electric Power Corp                 | Korea Electric Power Corp                                 | CUSIP: 500631106<br>LEI: 988400QG33WS7JEIV602 | Long             | EC               | CORP              | KR        |     11530 | NS      | $127406.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Kuehne + Nagel International A            | Kuehne + Nagel International AG                           | CUSIP: 501187108<br>LEI: 529900Q0YED3805QXQ66 | Long             | EC               | CORP              | CH        |     11380 | NS      | $512327.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| L'Oreal SA                                | L'Oreal SA                                                | CUSIP: 502117203<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |     38850 | NS      | $3282048.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitt            | LVMH Moet Hennessy Louis Vuitton SE                       | CUSIP: 502441306<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     64670 | NS      | $7038682.80   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Lasertec Corp                             | Lasertec Corp                                             | CUSIP: 51809L109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3054 | NS      | $61141.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Latam Airlines Group SA                   | Latam Airlines Group SA                                   | CUSIP: 51817R205<br>LEI: 549300HX3UUDPEFTG707 | Long             | EC               | CORP              | CL        |     10037 | NS      | $379900.45    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Legal & General Group PLC                 | Legal & General Group PLC                                 | CUSIP: 52463H103<br>LEI: 213800JH9QQWHLO99821 | Long             | EC               | CORP              | GB        |     16321 | NS      | $273703.17    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Legrand SA                                | Legrand SA                                                | CUSIP: 524671104<br>LEI: 969500XXRPGD7HCAFA90 | Long             | EC               | CORP              | FR        |      6539 | NS      | $159224.65    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Legend Biotech Corp                       | Legend Biotech Corp                                       | CUSIP: 52490G102<br>LEI: 254900EIUFZTW136H859 | Long             | EC               | CORP              | US        |      6683 | NS      | $193472.85    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lloyds Banking Group PLC                  | Lloyds Banking Group PLC                                  | CUSIP: 539439109<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EC               | CORP              | GB        |    921800 | NS      | $3880778.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Loma Negra Cia Industrial Arge            | Loma Negra Cia Industrial Argentina SA                    | CUSIP: 54150E104<br>LEI: 529900VKOQQJ8U9DDK92 | Long             | EC               | CORP              | AR        |      8445 | NS      | $106998.15    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PL            | London Stock Exchange Group PLC                           | CUSIP: 54211N101<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |    111439 | NS      | $4272571.26   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Longfor Group Holdings Ltd                | Longfor Group Holdings Ltd                                | CUSIP: 54303R101<br>LEI: 254900UJX27B2F1JYR13 | Long             | EC               | CORP              | CN        |      3095 | NS      | $38130.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lonza Group AG                            | Lonza Group AG                                            | CUSIP: 54338V101<br>LEI: 549300EFW4H2TCZ71055 | Long             | EC               | CORP              | CH        |     18941 | NS      | $1311474.84   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Luckin Coffee Inc                         | Luckin Coffee Inc                                         | CUSIP: 54951L109<br>LEI: 549300FO16ASCVSMYI15 | Long             | EC               | CORP              | CN        |     10570 | NS      | $349338.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lufax Holding Ltd                         | Lufax Holding Ltd                                         | CUSIP: 54975P201<br>LEI: 254900TYH7RTK8E9NH16 | Long             | EC               | CORP              | CN        |     87387 | NS      | $256043.91    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| MS&AD Insurance Group Holdings            | MS&AD Insurance Group Holdings Inc                        | CUSIP: 553491101<br>LEI: 529900CXROT5S2HMMP26 | Long             | EC               | CORP              | JP        |     58614 | NS      | $1393840.92   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| M3 Inc                                    | M3 Inc                                                    | CUSIP: 55379N106<br>LEI: 3538001UOKRWIODYM055 | Long             | EC               | CORP              | JP        |    240985 | NS      | $1684485.15   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Macquarie Group Ltd                       | Macquarie Group Ltd                                       | CUSIP: 55607P204<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | EC               | CORP              | AU        |      1389 | NS      | $191834.79    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Marubeni Corp                             | Marubeni Corp                                             | CUSIP: 573810207<br>LEI: 4P4N3ORD02UGQT1T1W12 | Long             | EC               | CORP              | JP        |       373 | NS      | $75745.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Materialise NV                            | Materialise NV                                            | CUSIP: 57667T100<br>LEI: 5493004CXYDPCZ5RQK28 | Long             | EC               | CORP              | BE        |     53518 | NS      | $288462.02    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                                   | Meituan                                                   | CUSIP: 58533E103<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |    136511 | NS      | $4719185.27   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck KGaA                                | Merck KGaA                                                | CUSIP: 589339209<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |     15739 | NS      | $414880.04    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Mesoblast Ltd                             | Mesoblast Ltd                                             | CUSIP: 590717401<br>LEI: 529900J5ALF3JG921927 | Long             | EC               | CORP              | AU        |      4190 | NS      | $44581.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Cie de Saint-Gobain SA                    | Cie de Saint-Gobain SA                                    | CUSIP: 204280309<br>LEI: NFONVGN05Z0FMN5PEC35 | Long             | EC               | CORP              | FR        |    163265 | NS      | $3681625.75   | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Cie Financiere Richemont SA               | Cie Financiere Richemont SA                               | CUSIP: 204319107<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |    206806 | NS      | $3894156.98   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd                    | DBS Group Holdings Ltd                                    | CUSIP: 23304Y100<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |     22202 | NS      | $3063876.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Denso Corp                                | Denso Corp                                                | CUSIP: 24872B100<br>LEI: 549300RYPA10CQM3QK38 | Long             | EC               | CORP              | JP        |      5520 | NS      | $74299.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Michelin                                  | Cie Generale des Etablissements Michelin SCA              | CUSIP: 59410T106<br>LEI: 549300SOSI58J6VIW052 | Long             | EC               | CORP              | FR        |    183490 | NS      | $3515668.40   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Heavy Industries Lt            | Mitsubishi Heavy Industries Ltd                           | CUSIP: 606793404<br>LEI: 353800TJ98PCAZROVE69 | Long             | EC               | CORP              | JP        |     23819 | NS      | $1098532.28   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Mitsubishi UFJ Financial Group            | Mitsubishi UFJ Financial Group Inc                        | CUSIP: 606822104<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |    394261 | NS      | $5566965.32   | 0.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Mitsui & Co Ltd                           | Mitsui & Co Ltd                                           | CUSIP: 606827202<br>LEI: 2NRSB4GOU9DD6CNW5R48 | Long             | EC               | CORP              | JP        |      4782 | NS      | $1995672.06   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Financial Group Inc                | Mizuho Financial Group Inc                                | CUSIP: 60687Y109<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |    556863 | NS      | $3096158.28   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Munich Re                                 | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | CUSIP: 626188106<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |    115251 | NS      | $1495957.98   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Murata Manufacturing Co Ltd               | Murata Manufacturing Co Ltd                               | CUSIP: 626425102<br>LEI: 529900QZG6DL8ZRI7140 | Long             | EC               | CORP              | JP        |    226877 | NS      | $1649395.79   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NIO Inc                                   | NIO Inc                                                   | CUSIP: 62914V106<br>LEI: 549300JBU4TV5OCKJV96 | Long             | EC               | CORP              | CN        |     91963 | NS      | $325549.02    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Deutsche Boerse AG                        | Deutsche Boerse AG                                        | CUSIP: 251542106<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |      8920 | NS      | $287313.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                             | HDFC Bank Ltd                                             | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    124923 | NS      | $9417944.97   | 1.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Heidelberg Materials AG                   | Heidelberg Materials AG                                   | CUSIP: 42281P304<br>LEI: LZ2C6E0W5W7LQMX5ZI37 | Long             | EC               | CORP              | DE        |     54663 | NS      | $2143336.23   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Heineken NV                               | Heineken NV                                               | CUSIP: 423012301<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |     45395 | NS      | $2025978.85   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Hello Group Inc                           | Hello Group Inc                                           | CUSIP: 423403104<br>LEI: 549300YMGLID32W48529 | Long             | EC               | CORP              | CN        |     40504 | NS      | $245859.28    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Industria de Diseno Textil SA             | Industria de Diseno Textil SA                             | CUSIP: 455793109<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |    239489 | NS      | $6487757.01   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Infineon Technologies AG                  | Infineon Technologies AG                                  | CUSIP: 45662N103<br>LEI: TSI2PJM6EPETEQ4X1U25 | Long             | EC               | CORP              | DE        |    100730 | NS      | $3928470.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                               | Infosys Ltd                                               | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |    167914 | NS      | $3054355.66   | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| ING Groep NV                              | ING Groep NV                                              | CUSIP: 456837103<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |    166597 | NS      | $3541852.22   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX PLC                                  | RELX PLC                                                  | CUSIP: 759530108<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |    274030 | NS      | $14775697.60  | 1.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Renesas Electronics Corp                  | Renesas Electronics Corp                                  | CUSIP: 75972B101<br>LEI: 5299000EPC47VJQOFB81 | Long             | EC               | CORP              | JP        |    516516 | NS      | $3130086.96   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Rentokil Initial PLC                      | Rentokil Initial PLC                                      | CUSIP: 760125104<br>LEI: 549300VN4WV7Z6T14K68 | Long             | EC               | CORP              | GB        |     59436 | NS      | $1412793.72   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Repsol SA                                 | Repsol SA                                                 | CUSIP: 76026T205<br>LEI: BSYCX13Y0NOTV14V9N85 | Long             | EC               | CORP              | ES        |      4538 | NS      | $61036.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                 | Shell PLC                                                 | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    130366 | NS      | $8632836.52   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Shin-Etsu Chemical Co Ltd                 | Shin-Etsu Chemical Co Ltd                                 | CUSIP: 824551105<br>LEI: 353800PX8Q64N86H5W41 | Long             | EC               | CORP              | JP        |    155314 | NS      | $2478811.44   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Shimano Inc                               | Shimano Inc                                               | CUSIP: 82455C101<br>LEI: 529900L32YT3P9DECR10 | Long             | EC               | CORP              | JP        |     80911 | NS      | $1146508.87   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinhan Financial Group Co Ltd            | Shinhan Financial Group Co Ltd                            | CUSIP: 824596100<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |     58420 | NS      | $2422093.20   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vnet Group Inc                            | Vnet Group Inc                                            | CUSIP: 90138A103<br>LEI: 529900672GYJQ3T38I58 | Long             | EC               | CORP              | CN        |     19551 | NS      | $104402.34    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC                        | Vodafone Group PLC                                        | CUSIP: 92857W308<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |    252571 | NS      | $2611584.14   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Volkswagen AG                             | Volkswagen AG                                             | CUSIP: 928662501<br>LEI: 529900NNUPAGGOMPXZ31 | Long             | EC               | CORP              | DE        |      4336 | NS      | $46698.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Volkswagen AG                             | Volkswagen AG                                             | CUSIP: 928662600<br>LEI: 529900NNUPAGGOMPXZ31 | Long             | EC               | CORP              | DE        |      6670 | NS      | $73036.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ZEEKR Intelligent Technology H            | ZEEKR Intelligent Technology Holding Ltd                  | CUSIP: 98923K103<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5222 | NS      | $137286.38    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTO Express Cayman Inc                    | ZTO Express Cayman Inc                                    | CUSIP: 98980A105<br>LEI: 549300SCJPK3YZJTJR78 | Long             | EC               | CORP              | CN        |     14142 | NS      | $248899.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Insurance Group AG                 | Zurich Insurance Group AG                                 | CUSIP: 989825104<br>LEI: 529900QVNRBND50TXP03 | Long             | EC               | CORP              | CH        |     73865 | NS      | $2597832.05   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank AG                          | Deutsche Bank AG                                          | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |    155665 | NS      | $4324373.70   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Nano Dimension Ltd                        | Nano Dimension Ltd                                        | CUSIP: 63008G203<br>LEI: 529900VO8AZA0A4ZUM77 | Long             | EC               | CORP              | IL        |         2 | NS      | $3.10         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Naspers Ltd                               | Naspers Ltd                                               | CUSIP: 631512209<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |      2060 | NS      | $118738.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| National Australia Bank Ltd               | National Australia Bank Ltd                               | CUSIP: 632525408<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | EC               | CORP              | AU        |     26750 | NS      | $329827.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| National Grid PLC                         | National Grid PLC                                         | CUSIP: 636274409<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |     43157 | NS      | $3080978.23   | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| NatWest Group PLC                         | NatWest Group PLC                                         | CUSIP: 639057207<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |    554136 | NS      | $7924144.80   | 0.86%             |  |  |  | No            |                  1 | On Loan: —       |
| Nestle SA                                 | Nestle SA                                                 | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |    105371 | NS      | $11223065.21  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc                               | NetEase Inc                                               | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |     18266 | NS      | $2224068.16   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Nice Ltd                                  | Nice Ltd                                                  | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | EC               | CORP              | IL        |     10089 | NS      | $1674067.77   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| NIDEC CORP                                | NIDEC CORP                                                | CUSIP: 654090109<br>LEI: 353800IF171MZTNL6Y31 | Long             | EC               | CORP              | JP        |    110049 | NS      | $531536.67    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co Ltd                           | Nintendo Co Ltd                                           | CUSIP: 654445303<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |    244341 | NS      | $4994330.04   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NTT                                       | Nippon Telegraph & Telephone Corp                         | CUSIP: 654624105<br>LEI: 353800VHQU5VIXVUA841 | Long             | EC               | CORP              | JP        |    139519 | NS      | $3889789.72   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Nokia Oyj                                 | Nokia Oyj                                                 | CUSIP: 654902204<br>LEI: 549300A0JPRWG1KI7U06 | Long             | EC               | CORP              | FI        |    518226 | NS      | $2705139.72   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Nomura Holdings Inc                       | Nomura Holdings Inc                                       | CUSIP: 65535H208<br>LEI: 549300B3CEAHYG7K8164 | Long             | EC               | CORP              | JP        |    200399 | NS      | $1220429.91   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Research Institute Ltd             | Nomura Research Institute Ltd                             | CUSIP: 65538C206<br>LEI: 5299005F1HCVF4M4QN79 | Long             | EC               | CORP              | JP        |      1086 | NS      | $41734.98     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordea Bank Abp                           | Nordea Bank Abp                                           | CUSIP: 65558R109<br>LEI: 529900ODI3047E2LIV03 | Long             | EC               | CORP              | FI        |     11761 | NS      | $171357.77    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                               | Novartis AG                                               | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     84520 | NS      | $9784035.20   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                          | Novo Nordisk A/S                                          | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |    118544 | NS      | $8475896.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: —       |
| Oatly Group AB                            | Oatly Group AB                                            | CUSIP: 67421J207<br>LEI: 894500CEIOQNBAH10Z10 | Long             | EC               | CORP              | SE        |      3731 | NS      | $40817.14     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Opera Ltd                                 | Opera Ltd                                                 | CUSIP: 68373M107<br>LEI: 5493001ULS7KDNNZ3W51 | Long             | EC               | CORP              | NO        |     41821 | NS      | $767415.35    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Oriental Land Co Ltd/Japan                | Oriental Land Co Ltd/Japan                                | CUSIP: 68620X104<br>LEI: 353800PIFKBZ6KTU5994 | Long             | EC               | CORP              | JP        |     21712 | NS      | $482874.88    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIX Corp                                 | ORIX Corp                                                 | CUSIP: 686330101<br>LEI: 35380016EMHNBOVYE123 | Long             | EC               | CORP              | JP        |    169979 | NS      | $3613753.54   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Oversea-Chinese Banking Corp L            | Oversea-Chinese Banking Corp Ltd                          | CUSIP: 690333109<br>LEI: 5493007O3QFXCPOGWK22 | Long             | EC               | CORP              | SG        |      5256 | NS      | $131294.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Rakyat Indonesia Persero             | Bank Rakyat Indonesia Persero Tbk PT                      | CUSIP: 69366X100<br>LEI: 254900HB6S4B12GBNP64 | Long             | EC               | CORP              | ID        |      4250 | NS      | $57481.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Mandiri Persero Tbk PT               | Bank Mandiri Persero Tbk PT                               | CUSIP: 69367U105<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |      2970 | NS      | $38357.55     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Astra International Tbk PT                | Astra International Tbk PT                                | CUSIP: 69367X109<br>LEI: 529900L49TRJOMG4DK47 | Long             | EC               | CORP              | ID        |     74243 | NS      | $447685.29    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pampa Energia SA                          | Pampa Energia SA                                          | CUSIP: 697660207<br>LEI: 254900QNIK0CVURGML24 | Long             | EC               | CORP              | AR        |      5761 | NS      | $441695.87    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Panasonic Holdings Corp                   | Panasonic Holdings Corp                                   | CUSIP: 69832A304<br>LEI: 254900GE1G59KGWPHX32 | Long             | EC               | CORP              | JP        |     13725 | NS      | $157384.57    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pearson PLC                               | Pearson PLC                                               | CUSIP: 705015105<br>LEI: 2138004JBXWWJKIURC57 | Long             | EC               | CORP              | GB        |    208111 | NS      | $3319370.45   | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| Pernod Ricard SA                          | Pernod Ricard SA                                          | CUSIP: 714264306<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |     57070 | NS      | $1182490.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| PETROBRAS                                 | Petroleo Brasileiro SA - Petrobras                        | CUSIP: 71654V101<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |    100985 | NS      | $1092657.70   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROBRAS                                 | Petroleo Brasileiro SA - Petrobras                        | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |     90780 | NS      | $1047601.20   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc                          | PDD Holdings Inc                                          | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | IE        |     33213 | NS      | $3205386.63   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SSE PLC                                   | SSE PLC                                                   | CUSIP: 78467K107<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |     71896 | NS      | $1744196.96   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                           | Sony Group Corp                                           | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |    315926 | NS      | $8334127.88   | 0.90%             |  |  |  | No            |                  1 | On Loan: —       |
| Sonova Holding AG                         | Sonova Holding AG                                         | CUSIP: 83569C102<br>LEI: 5299004A0QNX7FBNHS61 | Long             | EC               | CORP              | CH        |     11621 | NS      | $727939.44    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| South32 Ltd                               | South32 Ltd                                               | CUSIP: 84473L105<br>LEI: 213800LAZNPXSBKVHR17 | Long             | EC               | CORP              | AU        |      4439 | NS      | $43413.42     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Bank Group Ltd                   | Standard Bank Group Ltd                                   | CUSIP: 853118206<br>LEI: 2549003PEZXUT7MDBU41 | Long             | EC               | CORP              | ZA        |     33319 | NS      | $437145.28    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                    | Standard Chartered PLC                                    | CUSIP: 853254100<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |     77856 | NS      | $2436114.24   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| STMicroelectronics NV                     | STMicroelectronics NV                                     | CUSIP: 861012102<br>LEI: 213800Z8NOHIKRI42W10 | Long             | EC               | CORP              | CH        |      8217 | NS      | $205507.17    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Structure Therapeutics Inc                | Structure Therapeutics Inc                                | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4856 | NS      | $105666.56    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Subaru Corp                               | Subaru Corp                                               | CUSIP: 86428V104<br>LEI: 549300N244BVAEE6HH86 | Long             | EC               | CORP              | JP        |     11150 | NS      | $102245.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Corp                             | Sumitomo Corp                                             | CUSIP: 865613103<br>LEI: V82KK8NH1P0JS71FJC05 | Long             | EC               | CORP              | JP        |     17264 | NS      | $440577.28    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Electric Industries L            | Sumitomo Electric Industries Ltd                          | CUSIP: 865617203<br>LEI: 5493005SP87FL5TOS202 | Long             | EC               | CORP              | JP        |      4456 | NS      | $93130.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Sumitomo Mitsui Financial Grou            | Sumitomo Mitsui Financial Group Inc                       | CUSIP: 86562M209<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |    245219 | NS      | $3778824.79   | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| CSL Ltd                                   | CSL Ltd                                                   | CUSIP: 12637N204<br>LEI: 529900ECSECK5ZDQTE14 | Long             | EC               | CORP              | AU        |     35635 | NS      | $2842247.60   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co Ltd               | China Merchants Bank Co Ltd                               | CUSIP: 16950T102<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |     20466 | NS      | $634036.68    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chugai Pharmaceutical Co Ltd              | Chugai Pharmaceutical Co Ltd                              | CUSIP: 171269103<br>LEI: 529900T9LAII161DCN95 | Long             | EC               | CORP              | JP        |     52142 | NS      | $1359863.36   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CLP Holdings Ltd                          | CLP Holdings Ltd                                          | CUSIP: 18946Q101<br>LEI: 25490002BUTSMP94GO68 | Long             | EC               | CORP              | HK        |    151796 | NS      | $1290266.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Coca-Cola Femsa SAB de CV                 | Coca-Cola Femsa SAB de CV                                 | CUSIP: 191241108<br>LEI: 5493008KEVFYPMGTXO33 | Long             | EC               | CORP              | MX        |      5840 | NS      | $554800.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Coloplast A/S                             | Coloplast A/S                                             | CUSIP: 19624Y200<br>LEI: 529900NN7SOJ5QG82X67 | Long             | EC               | CORP              | DK        |    134979 | NS      | $1297148.19   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Commonwealth Bank of Australia            | Commonwealth Bank of Australia                            | CUSIP: 202712600<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | EC               | CORP              | AU        |     78914 | NS      | $8999352.56   | 0.98%             |  |  |  | No            |                  1 | On Loan: —       |
| Cia Energetica de Minas Gerais            | Cia Energetica de Minas Gerais                            | CUSIP: 204409601<br>LEI: 254900W703PXLDSEM056 | Long             | EC               | CORP              | BR        |    276237 | NS      | $516563.19    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia Energetica de Minas Gerais            | Cia Energetica de Minas Gerais                            | CUSIP: 204409882<br>LEI: 254900W703PXLDSEM056 | Long             | EC               | CORP              | BR        |     44818 | NS      | $135798.54    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia Siderurgica Nacional SA               | Cia Siderurgica Nacional SA                               | CUSIP: 20440W105<br>LEI: 529900K40TEND42S0T46 | Long             | EC               | CORP              | BR        |     57035 | NS      | $82700.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Saneamento Basico do Es            | Cia de Saneamento Basico do Estado de Sao Paulo SABESP    | CUSIP: 20441A102<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |     48063 | NS      | $987214.02    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia Cervecerias Unidas SA                 | Cia Cervecerias Unidas SA                                 | CUSIP: 204429104<br>LEI: 529900BJW9B0O6LI2R39 | Long             | EC               | CORP              | CL        |     46854 | NS      | $638620.02    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Cia de Minas Buenaventura SAA             | Cia de Minas Buenaventura SAA                             | CUSIP: 204448104<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | EC               | CORP              | PE        |     27695 | NS      | $414871.10    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Group PLC                         | Compass Group PLC                                         | CUSIP: 20449X401<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |     67778 | NS      | $2397985.64   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Computershare Ltd                         | Computershare Ltd                                         | CUSIP: 20557R105<br>LEI: 21380085HOKTMGLV9G93 | Long             | EC               | CORP              | AU        |     79091 | NS      | $2053993.27   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Controladora Vuela Cia de Avia            | Controladora Vuela Cia de Aviacion SAB de CV              | CUSIP: 21240E105<br>LEI: 549300G8NLCMP9Z44X52 | Long             | EC               | CORP              | MX        |     45723 | NS      | $216269.79    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cosan SA                                  | Cosan SA                                                  | CUSIP: 22113B103<br>LEI: 549300PGFCX2JMKKLC96 | Long             | EC               | CORP              | BR        |      3255 | NS      | $18976.65     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Agricole SA                        | Credit Agricole SA                                        | CUSIP: 225313105<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | EC               | CORP              | FR        |      7905 | NS      | $72014.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cresud SACIF y A                          | Cresud SACIF y A                                          | CUSIP: 226406106<br>LEI: 529900OJF9C0NUFNN613 | Long             | EC               | CORP              | AR        |      5592 | NS      | $66936.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Criteo SA                                 | Criteo SA                                                 | CUSIP: 226718104<br>LEI: 969500EELFB4RDMFHA76 | Long             | EC               | CORP              | FR        |     18748 | NS      | $477324.08    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| D-MARKET Elektronik Hizmetler             | D-MARKET Elektronik Hizmetler ve Ticaret AS               | CUSIP: 23292B104<br>LEI: 9845004CF6A069998F16 | Long             | EC               | CORP              | TR        |     10368 | NS      | $27578.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DiDi Global Inc                           | DiDi Global Inc                                           | CUSIP: 23292E108<br>LEI: 8368006Y2DHY77ADSY31 | Long             | EC               | CORP              | CN        |    153317 | NS      | $702191.86    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Daikin Industries Ltd                     | Daikin Industries Ltd                                     | CUSIP: 23381B106<br>LEI: 549300Y7FWSTSHMW5Y57 | Long             | EC               | CORP              | JP        |    149248 | NS      | $1699934.72   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Sankyo Co Ltd                     | Daiichi Sankyo Co Ltd                                     | CUSIP: 23381D102<br>LEI: 353800XGIU2IHQGC9504 | Long             | EC               | CORP              | JP        |     40942 | NS      | $1093151.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Daimler Truck Holding AG                  | Daimler Truck Holding AG                                  | CUSIP: 23384L101<br>LEI: 529900PW78JIYOUBSR24 | Long             | EC               | CORP              | DE        |     57872 | NS      | $1265660.64   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Daiwa House Industry Co Ltd               | Daiwa House Industry Co Ltd                               | CUSIP: 234062206<br>LEI: 353800K9WXR9XRZJZI46 | Long             | EC               | CORP              | JP        |     45806 | NS      | $1549158.92   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                                 | Danone SA                                                 | CUSIP: 23636T100<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |     42074 | NS      | $718203.18    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Daqo New Energy Corp                      | Daqo New Energy Corp                                      | CUSIP: 23703Q203<br>LEI: 529900711JBZ5O7VA827 | Long             | EC               | CORP              | CN        |      1374 | NS      | $18356.64     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dassault Systemes SE                      | Dassault Systemes SE                                      | CUSIP: 237545108<br>LEI: 96950065LBWY0APQIM86 | Long             | EC               | CORP              | FR        |      5381 | NS      | $200980.35    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                       | Deutsche Telekom AG                                       | CUSIP: 251566105<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |    231957 | NS      | $8779572.45   | 0.95%             |  |  |  | No            |                  1 | On Loan: —       |
| Sun Hung Kai Properties Ltd               | Sun Hung Kai Properties Ltd                               | CUSIP: 86676H302<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |    107829 | NS      | $1171022.94   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzuki Motor Corp                         | Suzuki Motor Corp                                         | CUSIP: 86959X107<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |     18298 | NS      | $931002.24    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Re AG                               | Swiss Re AG                                               | CUSIP: 870886108<br>LEI: 529900PS9YW3YY29F326 | Long             | EC               | CORP              | CH        |     25251 | NS      | $1122406.95   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TDK Corp                                  | TDK Corp                                                  | CUSIP: 872351408<br>LEI: 3538005O8WNU39U8NX03 | Long             | EC               | CORP              | JP        |    107007 | NS      | $1173866.79   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                      | Taiwan Semiconductor Manufacturing Co Ltd                 | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    233294 | NS      | $45100396.08  | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd              | Takeda Pharmaceutical Co Ltd                              | CUSIP: 874060205<br>LEI: 549300ZLMVP4X0OGR454 | Long             | EC               | CORP              | JP        |    368678 | NS      | $5541230.34   | 0.60%             |  |  |  | No            |                  1 | On Loan: —       |
| TAL Education Group                       | TAL Education Group                                       | CUSIP: 874080104<br>LEI: 5493003PJZS0EC085V72 | Long             | EC               | CORP              | CN        |     17816 | NS      | $175131.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Techtronic Industries Co Ltd              | Techtronic Industries Co Ltd                              | CUSIP: 87873R101<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |     17725 | NS      | $985332.75    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                      | Tencent Holdings Ltd                                      | CUSIP: 88032Q109<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |    336323 | NS      | $21114357.94  | 2.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Terumo Corp                               | Terumo Corp                                               | CUSIP: 88156J105<br>LEI: 353800JX1R4582QVK932 | Long             | EC               | CORP              | JP        |     52053 | NS      | $955172.55    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesco PLC                                 | Tesco PLC                                                 | CUSIP: 881575401<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | EC               | CORP              | GB        |    133322 | NS      | $2119819.80   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Teva Pharmaceutical Industries            | Teva Pharmaceutical Industries Ltd                        | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             | EC               | CORP              | IL        |     45696 | NS      | $766778.88    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Thales SA                                 | Thales SA                                                 | CUSIP: 883219206<br>LEI: 529900FNDVTQJOVVPZ19 | Long             | EC               | CORP              | FR        |      6033 | NS      | $367651.02    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| The9 Ltd                                  | The9 Ltd                                                  | CUSIP: 88337K401<br>LEI: 529900PMX9KSG4W5TA36 | Long             | EC               | CORP              | CN        |      1607 | NS      | $15041.52     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| 3i Group PLC                              | 3i Group PLC                                              | CUSIP: 88579N105<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |     93687 | NS      | $2618551.65   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings Inc                 | Tokio Marine Holdings Inc                                 | CUSIP: 889094108<br>LEI: 5299009QN2NZ191KLS29 | Long             | EC               | CORP              | JP        |     81343 | NS      | $3444062.62   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd                        | Tokyo Electron Ltd                                        | CUSIP: 889110102<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |     29420 | NS      | $2323885.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                          | TotalEnergies SE                                          | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |     74817 | NS      | $4390261.56   | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| TOTVS SA                                  | TOTVS SA                                                  | CUSIP: 89157T100<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    118246 | NS      | $1768664.55   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Toyota Motor Corp                         | Toyota Motor Corp                                         | CUSIP: 892331307<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |     47809 | NS      | $9110961.13   | 0.99%             |  |  |  | No            |                  1 | On Loan: —       |
| TGS                                       | Transportadora de Gas del Sur SA                          | CUSIP: 893870204<br>LEI: 5299002TRC7IFQYSW596 | Long             | EC               | CORP              | AR        |      6739 | NS      | $188826.78    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Trip.com Group Ltd                        | Trip.com Group Ltd                                        | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | SG        |     19089 | NS      | $1195925.85   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Trivago NV                                | Trivago NV                                                | CUSIP: 89686D303<br>LEI: 391200MJ56OU7D3JM080 | Long             | EC               | CORP              | DE        |     13702 | NS      | $55219.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkcell Iletisim Hizmetleri A            | Turkcell Iletisim Hizmetleri AS                           | CUSIP: 900111204<br>LEI: 7890003EX1LTLS2FFL84 | Long             | EC               | CORP              | TR        |     35052 | NS      | $213116.16    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tuya Inc                                  | Tuya Inc                                                  | CUSIP: 90114C107<br>LEI: 254900XKWS2MIZHXCO08 | Long             | EC               | CORP              | CN        |     63154 | NS      | $152832.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UCB SA                                    | UCB SA                                                    | CUSIP: 903480101<br>LEI: 2138008J191VLSGY5A09 | Long             | EC               | CORP              | BE        |       354 | NS      | $32146.74     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        | 211434840 | NS      | $211434840.00 | 22.94%            |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                   | Aon PLC                                                   | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | GB        |      8145 | NS      | $3030591.60   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                             | Accenture PLC                                             | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |      7736 | NS      | $2450919.52   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                              | UBS Group AG                                              | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |     85774 | NS      | $2735332.86   | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Logitech International SA                 | Logitech International SA                                 | CUSIP: N/A<br>LEI: 549300SN6PRK6IJJC215       | Long             | EC               | CORP              | CH        |     13701 | NS      | $1133894.76   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Check Point Software Technolog            | Check Point Software Technologies Ltd                     | CUSIP: N/A<br>LEI: 2549003ZVBH73EPNS513       | Long             | EC               | CORP              | IL        |     11903 | NS      | $2724358.64   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ASM International NV                      | ASM International NV                                      | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |       562 | NS      | $305817.92    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                           | ASML Holding NV                                           | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     15628 | NS      | $11514241.56  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                          | Deutsche Post AG                                          | CUSIP: 25157Y202<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |     49193 | NS      | $2203846.40   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                | Diageo PLC                                                | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |     53345 | NS      | $5815671.90   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| DingDong Cayman Ltd                       | DingDong Cayman Ltd                                       | CUSIP: 25445D101<br>LEI: 549300S41MY2F7SBDG73 | Long             | EC               | CORP              | CN        |     13207 | NS      | $27206.42     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Diploma PLC                               | Diploma PLC                                               | CUSIP: 25455X104<br>LEI: 2138008OGI7VYG8FGR19 | Long             | EC               | CORP              | GB        |      9124 | NS      | $2310744.24   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Disco Corp                                | Disco Corp                                                | CUSIP: 25461D100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     27449 | NS      | $614857.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr Reddy's Laboratories Ltd               | Dr Reddy's Laboratories Ltd                               | CUSIP: 256135203<br>LEI: 335800OVDPY3DVZR2798 | Long             | EC               | CORP              | IN        |     77297 | NS      | $1137811.84   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| DouYu International Holdings L            | DouYu International Holdings Ltd                          | CUSIP: 25985W204<br>LEI: 549300M2ADOHTIMACT54 | Long             | EC               | CORP              | CN        |     19878 | NS      | $130399.68    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                   | GSK PLC                                                   | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |    132121 | NS      | $5420924.63   | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| Grupo Financiero Galicia SA               | Grupo Financiero Galicia SA                               | CUSIP: 399909100<br>LEI: 5299008H3AXIXV5G3C23 | Long             | EC               | CORP              | AR        |     11822 | NS      | $686267.10    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Televisa SAB                        | Grupo Televisa SAB                                        | CUSIP: 40049J206<br>LEI: 549300O4AF0C816ILN62 | Long             | EC               | CORP              | MX        |     10259 | NS      | $19594.69     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Supervielle SA                      | Grupo Supervielle SA                                      | CUSIP: 40054A108<br>LEI: 549300IQJL3KLZ3IYQ14 | Long             | EC               | CORP              | AR        |     15885 | NS      | $206822.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Haier Smart Home Co Ltd                   | Haier Smart Home Co Ltd                                   | CUSIP: 40523H106<br>LEI: 3003002BYTNGNJTWSH07 | Long             | EC               | CORP              | CN        |     48352 | NS      | $558465.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon PLC                                | Haleon PLC                                                | CUSIP: 405552100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |    353789 | NS      | $4015505.15   | 0.44%             |  |  |  | No            |                  1 | On Loan: —       |
| Halma PLC                                 | Halma PLC                                                 | CUSIP: 40637C308<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |     35876 | NS      | $2834204.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Gold Mining Co Ltd                | Harmony Gold Mining Co Ltd                                | CUSIP: 413216300<br>LEI: 378900986D05F0C29811 | Long             | EC               | CORP              | ZA        |     39378 | NS      | $574525.02    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| POSCO Holdings Inc                        | POSCO Holdings Inc                                        | CUSIP: 693483109<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | KR        |      9741 | NS      | $445163.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PING AN                                   | Ping An Insurance Group Co of China Ltd                   | CUSIP: 72341E304<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |    157240 | NS      | $1833418.40   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Prosus NV                                 | Prosus NV                                                 | CUSIP: 74365P108<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |    381209 | NS      | $3869271.35   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential PLC                            | Prudential PLC                                            | CUSIP: 74435K204<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | HK        |    129783 | NS      | $2964243.72   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Prysmian SpA                              | Prysmian SpA                                              | CUSIP: 74440L106<br>LEI: 529900X0H1IO3RS1A464 | Long             | EC               | CORP              | IT        |      5485 | NS      | $176452.45    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Publicis Groupe SA                        | Publicis Groupe SA                                        | CUSIP: 74463M106<br>LEI: 2138004KW8BV57III342 | Long             | EC               | CORP              | FR        |      8427 | NS      | $229972.83    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| RWE AG                                    | RWE AG                                                    | CUSIP: 74975E303<br>LEI: 529900GB7KCA94ACC940 | Long             | EC               | CORP              | DE        |      4258 | NS      | $160909.82    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Reckitt Benckiser Group PLC               | Reckitt Benckiser Group PLC                               | CUSIP: 756255204<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |    286244 | NS      | $3912955.48   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Recruit Holdings Co Ltd                   | Recruit Holdings Co Ltd                                   | CUSIP: 75629J101<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |    496241 | NS      | $5905267.90   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Rheinmetall AG                            | Rheinmetall AG                                            | CUSIP: 76206K107<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |      5539 | NS      | $2360112.51   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                             | Rio Tinto PLC                                             | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     82480 | NS      | $4901786.40   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                          | Roche Holding AG                                          | CUSIP: 771195104<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |    287462 | NS      | $11584718.60  | 1.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Rolls-Royce Holdings PLC                  | Rolls-Royce Holdings PLC                                  | CUSIP: 775781206<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |    607653 | NS      | $7054851.33   | 0.77%             |  |  |  | No            |                  1 | On Loan: —       |
| Ryanair Holdings PLC                      | Ryanair Holdings PLC                                      | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |     23919 | NS      | $1329896.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Telecom Co Ltd                         | SK Telecom Co Ltd                                         | CUSIP: 78440P306<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |     66802 | NS      | $1372113.08   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SMC Corp                                  | SMC Corp                                                  | CUSIP: 78445W306<br>LEI: 353800O40V08DOZ70X62 | Long             | EC               | CORP              | JP        |    154871 | NS      | $2910026.09   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Saab AB                                   | Saab AB                                                   | CUSIP: 78516J101<br>LEI: 549300ZHO4JCQQI13M69 | Long             | EC               | CORP              | SE        |      9639 | NS      | $243577.53    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                 | Safran SA                                                 | CUSIP: 786584102<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |     18412 | NS      | $1354018.48   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandoz Group AG                           | Sandoz Group AG                                           | CUSIP: 799926100<br>LEI: 5493000JWK6XWFEUD320 | Long             | EC               | CORP              | CH        |     14406 | NS      | $729519.84    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanlam Ltd                                | Sanlam Ltd                                                | CUSIP: 80104Q208<br>LEI: 37890014418406D9FC23 | Long             | EC               | CORP              | ZA        |     37847 | NS      | $376956.12    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                 | Sanofi SA                                                 | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    164540 | NS      | $8123339.80   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                    | SAP SE                                                    | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     53946 | NS      | $16338085.56  | 1.77%             |  |  |  | No            |                  1 | On Loan: —       |
| Sartorius AG                              | Sartorius AG                                              | CUSIP: 80385Q208<br>LEI: 529900EQV2DY4FOAMU38 | Long             | EC               | CORP              | DE        |     22050 | NS      | $1061376.75   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sasol Ltd                                 | Sasol Ltd                                                 | CUSIP: 803866300<br>LEI: 378900F4544561A97588 | Long             | EC               | CORP              | ZA        |     54732 | NS      | $243010.08    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Schneider Electric SE                     | Schneider Electric SE                                     | CUSIP: 80687P106<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     87438 | NS      | $4385015.70   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                                   | Sea Ltd                                                   | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |     11870 | NS      | $1903591.90   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui House Ltd                         | Sekisui House Ltd                                         | CUSIP: 816078307<br>LEI: 529900GMNDOYQSAJAE76 | Long             | EC               | CORP              | JP        |     41557 | NS      | $942097.19    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Seven & i Holdings Co Ltd                 | Seven & i Holdings Co Ltd                                 | CUSIP: 81783H105<br>LEI: 52990037G8JRM3TWGY86 | Long             | EC               | CORP              | JP        |     16247 | NS      | $244354.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SGS SA                                    | SGS SA                                                    | CUSIP: 818800104<br>LEI: 2138007JNS19JHNA2336 | Long             | EC               | CORP              | CH        |     83940 | NS      | $872136.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sibanye Stillwater Ltd                    | Sibanye Stillwater Ltd                                    | CUSIP: 82575P107<br>LEI: 378900F238434B74D281 | Long             | EC               | CORP              | ZA        |     79872 | NS      | $486420.48    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                | Siemens AG                                                | CUSIP: 826197501<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |     66946 | NS      | $8097788.16   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                         | Siemens Energy AG                                         | CUSIP: 82621A104<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |     21028 | NS      | $2049178.60   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Healthineers AG                   | Siemens Healthineers AG                                   | CUSIP: 82622J104<br>LEI: 529900QBVWXMWANH7H45 | Long             | EC               | CORP              | DE        |      2340 | NS      | $61986.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Motion Technology Corp            | Silicon Motion Technology Corp                            | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             | EC               | CORP              | TW        |      3817 | NS      | $233600.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith & Nephew PLC                        | Smith & Nephew PLC                                        | CUSIP: 83175M205<br>LEI: 213800ZTMDN8S67S1H61 | Long             | EC               | CORP              | GB        |     94228 | NS      | $2728842.88   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Smiths Group PLC                          | Smiths Group PLC                                          | CUSIP: 83238P203<br>LEI: 213800MJL6IPZS3ASA11 | Long             | EC               | CORP              | GB        |      5779 | NS      | $172329.78    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Sociedad Quimica y Minera de C            | Sociedad Quimica y Minera de Chile SA                     | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |     11674 | NS      | $355239.82    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Qifu Technology Inc                       | Qifu Technology Inc                                       | CUSIP: 88557W101<br>LEI: 836800R59NKEPDR6I240 | Long             | EC               | CORP              | CN        |     10392 | NS      | $427111.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock PLC                      | Smurfit WestRock PLC                                      | CUSIP: N/A<br>LEI: 635400EGSEOPDW2EXS14       | Long             | EC               | CORP              | IE        |     18058 | NS      | $782453.14    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Trust for Professional Managers

**Signature:** /s/ Kelly Strauss

**Name of Signer:** Kelly Strauss

**Title:** Treasurer