# EDGAR Filing Document

**Accession Number:** 0001965702
**File Stem:** 0001085146-23-001408
**Filing Date:** 2023-2
**Character Count:** 34550
**Document Hash:** e522cf6b5ffcf7b7e1a85117a3340201
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-001408.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0001085146-23-001408

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230217

**DATE AS OF CHANGE**: 20230216

**EFFECTIVENESS DATE**: 20230217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Linden Thomas Advisory Services, LLC
- **CENTRAL INDEX KEY:** 0001965702
- **IRS NUMBER:** 821443892
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23127
- **FILM NUMBER:** 23640110

**BUSINESS ADDRESS:**
- **STREET 1:** 516 NORTH TRYON STREET
- **STREET 2:** SUITE 200
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202
- **BUSINESS PHONE:** 704-554-8150

**MAIL ADDRESS:**
- **STREET 1:** 516 NORTH TRYON STREET
- **STREET 2:** SUITE 200
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Linden Thomas Advisory Services LLC<br>**Address:** 516 North Tryon Street<br>Suite 200<br>Charlotte, NC 28202

**Form 13F File Number:** 028-23127

**CRD Number (if applicable):** 000288557

**SEC File Number (if applicable):** 801-110683

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

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

**Name:** Daniel Roberts<br>**Title:** CCO<br>**Phone:** 704-554-8150

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

/s/Daniel Roberts  Charlotte, NC  02-16-2023<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 326

**Form 13F Information Table Value Total:** $355104095

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 1LIFE HEALTHCARE INC | COM | 68269G107 |  | 284574 | 17030 | SH |  | SOLE |  | 0 | 0 | 17030 |
| 3M CO | COM | 88579Y101 |  | 809710 | 6752 | SH |  | SOLE |  | 0 | 0 | 6752 |
| ABBOTT LABS | COM | 002824100 |  | 1534864 | 13980 | SH |  | SOLE |  | 0 | 0 | 13980 |
| ABBVIE INC | COM | 00287Y109 |  | 1748136 | 10817 | SH |  | SOLE |  | 0 | 0 | 10817 |
| ABM INDS INC | COM | 000957100 |  | 1154558 | 25992 | SH |  | SOLE |  | 0 | 0 | 25992 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 1478035 | 19308 | SH |  | SOLE |  | 0 | 0 | 19308 |
| ACUITY BRANDS INC | COM | 00508Y102 |  | 335362 | 2025 | SH |  | SOLE |  | 0 | 0 | 2025 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 1468977 | 4365 | SH |  | SOLE |  | 0 | 0 | 4365 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 272147 | 1851 | SH |  | SOLE |  | 0 | 0 | 1851 |
| ADVANCED DRAIN SYS INC DEL | COM | 00790R104 |  | 450020 | 5490 | SH |  | SOLE |  | 0 | 0 | 5490 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 594971 | 9186 | SH |  | SOLE |  | 0 | 0 | 9186 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 450950 | 21743 | SH |  | SOLE |  | 0 | 0 | 21743 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 454950 | 2157 | SH |  | SOLE |  | 0 | 0 | 2157 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 435516 | 4936 | SH |  | SOLE |  | 0 | 0 | 4936 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 1280836 | 28021 | SH |  | SOLE |  | 0 | 0 | 28021 |
| AMAZON COM INC | COM | 023135106 |  | 280728 | 3342 | SH |  | SOLE |  | 0 | 0 | 3342 |
| AMCOR PLC | ORD | G0250X107 |  | 1339872 | 112499 | SH |  | SOLE |  | 0 | 0 | 112499 |
| AMDOCS LTD | SHS | G02602103 |  | 760577 | 8367 | SH |  | SOLE |  | 0 | 0 | 8367 |
| AMEDISYS INC | COM | 023436108 |  | 424700 | 5084 | SH |  | SOLE |  | 0 | 0 | 5084 |
| AMERICAN EQTY INVT LIFE HLD | COM | 025676206 |  | 1813489 | 39752 | SH |  | SOLE |  | 0 | 0 | 39752 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 356790 | 2599 | SH |  | SOLE |  | 0 | 0 | 2599 |
| AMERISOURCEBERGEN CORP | COM | 03073E105 |  | 453714 | 2738 | SH |  | SOLE |  | 0 | 0 | 2738 |
| AMGEN INC | COM | 031162100 |  | 1555878 | 5924 | SH |  | SOLE |  | 0 | 0 | 5924 |
| AMN HEALTHCARE SVCS INC | COM | 001744101 |  | 358738 | 3489 | SH |  | SOLE |  | 0 | 0 | 3489 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 1542449 | 20258 | SH |  | SOLE |  | 0 | 0 | 20258 |
| ANALOG DEVICES INC | COM | 032654105 |  | 1243009 | 7578 | SH |  | SOLE |  | 0 | 0 | 7578 |
| ANSYS INC | COM | 03662Q105 |  | 1900805 | 7868 | SH |  | SOLE |  | 0 | 0 | 7868 |
| APOGEE ENTERPRISES INC | COM | 037598109 |  | 1319346 | 29675 | SH |  | SOLE |  | 0 | 0 | 29675 |
| APPLE INC | COM | 037833100 |  | 2738026 | 21073 | SH |  | SOLE |  | 0 | 0 | 21073 |
| APPLIED MATLS INC | COM | 038222105 |  | 664613 | 6825 | SH |  | SOLE |  | 0 | 0 | 6825 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 298590 | 16166 | SH |  | SOLE |  | 0 | 0 | 16166 |
| ARISTA NETWORKS INC | COM | 040413106 |  | 1131104 | 9321 | SH |  | SOLE |  | 0 | 0 | 9321 |
| ARROW ELECTRS INC | COM | 042735100 |  | 302731 | 2895 | SH |  | SOLE |  | 0 | 0 | 2895 |
| ASPEN TECHNOLOGY INC | COM | 29109X106 |  | 1218858 | 5934 | SH |  | SOLE |  | 0 | 0 | 5934 |
| ASSOCIATED CAP GROUP INC | CL A | 045528106 |  | 1362993 | 32461 | SH |  | SOLE |  | 0 | 0 | 32461 |
| AUTODESK INC | COM | 052769106 |  | 953788 | 5104 | SH |  | SOLE |  | 0 | 0 | 5104 |
| AUTOZONE INC | COM | 053332102 |  | 1583292 | 642 | SH |  | SOLE |  | 0 | 0 | 642 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 644678 | 11901 | SH |  | SOLE |  | 0 | 0 | 11901 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 402499 | 1303 | SH |  | SOLE |  | 0 | 0 | 1303 |
| BERRY GLOBAL GROUP INC | COM | 08579W103 |  | 391107 | 6472 | SH |  | SOLE |  | 0 | 0 | 6472 |
| BEST BUY INC | COM | 086516101 |  | 974551 | 12150 | SH |  | SOLE |  | 0 | 0 | 12150 |
| BIG LOTS INC | COM | 089302103 |  | 344196 | 23414 | SH |  | SOLE |  | 0 | 0 | 23414 |
| BIOGEN INC | COM | 09062X103 |  | 1016566 | 3671 | SH |  | SOLE |  | 0 | 0 | 3671 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 1868218 | 18052 | SH |  | SOLE |  | 0 | 0 | 18052 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 1428067 | 17230 | SH |  | SOLE |  | 0 | 0 | 17230 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 |  | 389223 | 5883 | SH |  | SOLE |  | 0 | 0 | 5883 |
| BLACKSTONE INC | COM | 09260D107 |  | 802596 | 10818 | SH |  | SOLE |  | 0 | 0 | 10818 |
| BLOCK H  R INC | COM | 093671105 |  | 941444 | 25786 | SH |  | SOLE |  | 0 | 0 | 25786 |
| BLOCK INC | CL A | 852234103 |  | 438109 | 6972 | SH |  | SOLE |  | 0 | 0 | 6972 |
| BLUEPRINT MEDICINES CORP | COM | 09627Y109 |  | 696489 | 15898 | SH |  | SOLE |  | 0 | 0 | 15898 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 765191 | 7321 | SH |  | SOLE |  | 0 | 0 | 7321 |
| BOYD GAMING CORP | COM | 103304101 |  | 310277 | 5690 | SH |  | SOLE |  | 0 | 0 | 5690 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1565429 | 21757 | SH |  | SOLE |  | 0 | 0 | 21757 |
| BROADCOM INC | COM | 11135F101 |  | 3154116 | 5641 | SH |  | SOLE |  | 0 | 0 | 5641 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 992833 | 7402 | SH |  | SOLE |  | 0 | 0 | 7402 |
| BRUKER CORP | COM | 116794108 |  | 1086562 | 15897 | SH |  | SOLE |  | 0 | 0 | 15897 |
| BURLINGTON STORES INC | COM | 122017106 |  | 391734 | 1932 | SH |  | SOLE |  | 0 | 0 | 1932 |
| CABLE ONE INC | COM | 12685J105 |  | 233525 | 328 | SH |  | SOLE |  | 0 | 0 | 328 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 2781170 | 17313 | SH |  | SOLE |  | 0 | 0 | 17313 |
| CANNAE HLDGS INC | COM | 13765N107 |  | 744341 | 36045 | SH |  | SOLE |  | 0 | 0 | 36045 |
| CATHAY GEN BANCORP | COM | 149150104 |  | 1208250 | 29621 | SH |  | SOLE |  | 0 | 0 | 29621 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 1488958 | 11867 | SH |  | SOLE |  | 0 | 0 | 11867 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 725700 | 2140 | SH |  | SOLE |  | 0 | 0 | 2140 |
| CHEMED CORP NEW | COM | 16359R103 |  | 3611325 | 7075 | SH |  | SOLE |  | 0 | 0 | 7075 |
| CHESAPEAKE ENERGY CORP | COM | 165167735 |  | 1917222 | 20316 | SH |  | SOLE |  | 0 | 0 | 20316 |
| CHEWY INC | CL A | 16679L109 |  | 395453 | 10665 | SH |  | SOLE |  | 0 | 0 | 10665 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 604917 | 436 | SH |  | SOLE |  | 0 | 0 | 436 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 1271603 | 17073 | SH |  | SOLE |  | 0 | 0 | 17073 |
| CISCO SYS INC | COM | 17275R102 |  | 322616 | 6772 | SH |  | SOLE |  | 0 | 0 | 6772 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 815154 | 20705 | SH |  | SOLE |  | 0 | 0 | 20705 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 594085 | 18641 | SH |  | SOLE |  | 0 | 0 | 18641 |
| COGNEX CORP | COM | 192422103 |  | 790184 | 16773 | SH |  | SOLE |  | 0 | 0 | 16773 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 256499 | 4485 | SH |  | SOLE |  | 0 | 0 | 4485 |
| COPART INC | COM | 217204106 |  | 2101829 | 34518 | SH |  | SOLE |  | 0 | 0 | 34518 |
| CORNING INC | COM | 219350105 |  | 1028291 | 32194 | SH |  | SOLE |  | 0 | 0 | 32194 |
| COSTAR GROUP INC | COM | 22160N109 |  | 2585437 | 33456 | SH |  | SOLE |  | 0 | 0 | 33456 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 337825 | 740 | SH |  | SOLE |  | 0 | 0 | 740 |
| COTERRA ENERGY INC | COM | 127097103 |  | 760466 | 30951 | SH |  | SOLE |  | 0 | 0 | 30951 |
| CRANE HLDGS CO | COM | 224441105 |  | 396679 | 3949 | SH |  | SOLE |  | 0 | 0 | 3949 |
| CREDIT ACCEP CORP MICH | COM | 225310101 |  | 672703 | 1418 | SH |  | SOLE |  | 0 | 0 | 1418 |
| CROCS INC | COM | 227046109 |  | 1550316 | 14298 | SH |  | SOLE |  | 0 | 0 | 14298 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 355349 | 3375 | SH |  | SOLE |  | 0 | 0 | 3375 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 417985 | 2503 | SH |  | SOLE |  | 0 | 0 | 2503 |
| DENALI THERAPEUTICS INC | COM | 24823R105 |  | 507920 | 18264 | SH |  | SOLE |  | 0 | 0 | 18264 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 1014611 | 16495 | SH |  | SOLE |  | 0 | 0 | 16495 |
| DEXCOM INC | COM | 252131107 |  | 1802976 | 15921 | SH |  | SOLE |  | 0 | 0 | 15921 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 678923 | 5644 | SH |  | SOLE |  | 0 | 0 | 5644 |
| DIGITAL TURBINE INC | COM NEW | 25400W102 |  | 322469 | 21159 | SH |  | SOLE |  | 0 | 0 | 21159 |
| DILLARDS INC | CL A | 254067101 |  | 2067518 | 6397 | SH |  | SOLE |  | 0 | 0 | 6397 |
| DOLBY LABORATORIES INC | COM CL A | 25659T107 |  | 448282 | 6355 | SH |  | SOLE |  | 0 | 0 | 6355 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 1161131 | 3352 | SH |  | SOLE |  | 0 | 0 | 3352 |
| DOW INC | COM | 260557103 |  | 1087773 | 21587 | SH |  | SOLE |  | 0 | 0 | 21587 |
| DRIL-QUIP INC | COM | 262037104 |  | 1301527 | 47903 | SH |  | SOLE |  | 0 | 0 | 47903 |
| DTE ENERGY CO | COM | 233331107 |  | 381502 | 3246 | SH |  | SOLE |  | 0 | 0 | 3246 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 991281 | 13286 | SH |  | SOLE |  | 0 | 0 | 13286 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 823353 | 1605 | SH |  | SOLE |  | 0 | 0 | 1605 |
| EMPLOYERS HLDGS INC | COM | 292218104 |  | 1287220 | 29845 | SH |  | SOLE |  | 0 | 0 | 29845 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 578426 | 9671 | SH |  | SOLE |  | 0 | 0 | 9671 |
| EPAM SYS INC | COM | 29414B104 |  | 1709113 | 5215 | SH |  | SOLE |  | 0 | 0 | 5215 |
| ETSY INC | COM | 29786A106 |  | 1586377 | 13244 | SH |  | SOLE |  | 0 | 0 | 13244 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 235117 | 4749 | SH |  | SOLE |  | 0 | 0 | 4749 |
| EXELIXIS INC | COM | 30161Q104 |  | 916210 | 57121 | SH |  | SOLE |  | 0 | 0 | 57121 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 551173 | 4997 | SH |  | SOLE |  | 0 | 0 | 4997 |
| F5 INC | COM | 315616102 |  | 1102035 | 7679 | SH |  | SOLE |  | 0 | 0 | 7679 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 3517390 | 8767 | SH |  | SOLE |  | 0 | 0 | 8767 |
| FAIR ISAAC CORP | COM | 303250104 |  | 1194754 | 1996 | SH |  | SOLE |  | 0 | 0 | 1996 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 1387656 | 38217 | SH |  | SOLE |  | 0 | 0 | 38217 |
| FIDELITY NATIONAL FINANCIAL | FNF GROUP COM | 31620R303 |  | 438838 | 11665 | SH |  | SOLE |  | 0 | 0 | 11665 |
| FIRST AMERN FINL CORP | COM | 31847R102 |  | 688381 | 13152 | SH |  | SOLE |  | 0 | 0 | 13152 |
| FIRST BANCORP N C | COM | 318910106 |  | 1284562 | 29985 | SH |  | SOLE |  | 0 | 0 | 29985 |
| FIRST HAWAIIAN INC | COM | 32051X108 |  | 1160186 | 44554 | SH |  | SOLE |  | 0 | 0 | 44554 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 909923 | 37138 | SH |  | SOLE |  | 0 | 0 | 37138 |
| FIRSTENERGY CORP | COM | 337932107 |  | 1410279 | 33626 | SH |  | SOLE |  | 0 | 0 | 33626 |
| FIVE BELOW INC | COM | 33829M101 |  | 1826907 | 10329 | SH |  | SOLE |  | 0 | 0 | 10329 |
| FLOWERS FOODS INC | COM | 343498101 |  | 700767 | 24383 | SH |  | SOLE |  | 0 | 0 | 24383 |
| FORTINET INC | COM | 34959E109 |  | 2166688 | 44317 | SH |  | SOLE |  | 0 | 0 | 44317 |
| FOX CORP | CL A COM | 35137L105 |  | 1093373 | 36002 | SH |  | SOLE |  | 0 | 0 | 36002 |
| GARMIN LTD | SHS | H2906T109 |  | 859410 | 9312 | SH |  | SOLE |  | 0 | 0 | 9312 |
| GARTNER INC | COM | 366651107 |  | 4120413 | 12258 | SH |  | SOLE |  | 0 | 0 | 12258 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 1647201 | 6639 | SH |  | SOLE |  | 0 | 0 | 6639 |
| GENPACT LIMITED | SHS | G3922B107 |  | 583120 | 12589 | SH |  | SOLE |  | 0 | 0 | 12589 |
| GENUINE PARTS CO | COM | 372460105 |  | 1780910 | 10264 | SH |  | SOLE |  | 0 | 0 | 10264 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 1616401 | 18828 | SH |  | SOLE |  | 0 | 0 | 18828 |
| GRAINGER W W INC | COM | 384802104 |  | 455581 | 819 | SH |  | SOLE |  | 0 | 0 | 819 |
| GRAPHIC PACKAGING HLDG CO | COM | 388689101 |  | 717811 | 32260 | SH |  | SOLE |  | 0 | 0 | 32260 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 2062595 | 36249 | SH |  | SOLE |  | 0 | 0 | 36249 |
| HANOVER INS GROUP INC | COM | 410867105 |  | 341608 | 2528 | SH |  | SOLE |  | 0 | 0 | 2528 |
| HEALTHCARE SVCS GROUP INC | COM | 421906108 |  | 521052 | 43421 | SH |  | SOLE |  | 0 | 0 | 43421 |
| HEICO CORP NEW | COM | 422806109 |  | 1437600 | 9357 | SH |  | SOLE |  | 0 | 0 | 9357 |
| HELMERICH  PAYNE INC | COM | 423452101 |  | 2151622 | 43406 | SH |  | SOLE |  | 0 | 0 | 43406 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 1458198 | 8306 | SH |  | SOLE |  | 0 | 0 | 8306 |
| HENRY SCHEIN INC | COM | 806407102 |  | 339843 | 4255 | SH |  | SOLE |  | 0 | 0 | 4255 |
| HERBALIFE NUTRITION LTD | COM SHS | G4412G101 |  | 157028 | 10553 | SH |  | SOLE |  | 0 | 0 | 10553 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 1366630 | 85629 | SH |  | SOLE |  | 0 | 0 | 85629 |
| HNI CORP | COM | 404251100 |  | 890041 | 31306 | SH |  | SOLE |  | 0 | 0 | 31306 |
| HOME DEPOT INC | COM | 437076102 |  | 1921367 | 6083 | SH |  | SOLE |  | 0 | 0 | 6083 |
| HORMEL FOODS CORP | COM | 440452100 |  | 362353 | 7955 | SH |  | SOLE |  | 0 | 0 | 7955 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 339752 | 3898 | SH |  | SOLE |  | 0 | 0 | 3898 |
| HP INC | COM | 40434L105 |  | 1026000 | 38184 | SH |  | SOLE |  | 0 | 0 | 38184 |
| HUBBELL INC | COM | 443510607 |  | 722809 | 3080 | SH |  | SOLE |  | 0 | 0 | 3080 |
| HUMANA INC | COM | 444859102 |  | 1825454 | 3564 | SH |  | SOLE |  | 0 | 0 | 3564 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 1214048 | 86101 | SH |  | SOLE |  | 0 | 0 | 86101 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 739786 | 3207 | SH |  | SOLE |  | 0 | 0 | 3207 |
| IDEXX LABS INC | COM | 45168D104 |  | 1871456 | 4587 | SH |  | SOLE |  | 0 | 0 | 4587 |
| ILLUMINA INC | COM | 452327109 |  | 717599 | 3549 | SH |  | SOLE |  | 0 | 0 | 3549 |
| INCYTE CORP | COM | 45337C102 |  | 882080 | 10982 | SH |  | SOLE |  | 0 | 0 | 10982 |
| INDEPENDENT BK CORP MASS | COM | 453836108 |  | 2388200 | 28286 | SH |  | SOLE |  | 0 | 0 | 28286 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 1230510 | 12272 | SH |  | SOLE |  | 0 | 0 | 12272 |
| INSULET CORP | COM | 45784P101 |  | 1586175 | 5388 | SH |  | SOLE |  | 0 | 0 | 5388 |
| INTUIT | COM | 461202103 |  | 1897854 | 4876 | SH |  | SOLE |  | 0 | 0 | 4876 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 2505094 | 9441 | SH |  | SOLE |  | 0 | 0 | 9441 |
| IPG PHOTONICS CORP | COM | 44980X109 |  | 862705 | 9113 | SH |  | SOLE |  | 0 | 0 | 9113 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1567378 | 7316 | SH |  | SOLE |  | 0 | 0 | 7316 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 719697 | 5190 | SH |  | SOLE |  | 0 | 0 | 5190 |
| JONES LANG LASALLE INC | COM | 48020Q107 |  | 258019 | 1619 | SH |  | SOLE |  | 0 | 0 | 1619 |
| KEARNY FINL CORP MD | COM | 48716P108 |  | 940153 | 92625 | SH |  | SOLE |  | 0 | 0 | 92625 |
| KELLOGG CO | COM | 487836108 |  | 1493683 | 20967 | SH |  | SOLE |  | 0 | 0 | 20967 |
| KELLY SVCS INC | CL A | 488152208 |  | 976748 | 57795 | SH |  | SOLE |  | 0 | 0 | 57795 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1820265 | 100678 | SH |  | SOLE |  | 0 | 0 | 100678 |
| KLA CORP | COM NEW | 482480100 |  | 495028 | 1313 | SH |  | SOLE |  | 0 | 0 | 1313 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 381653 | 7282 | SH |  | SOLE |  | 0 | 0 | 7282 |
| KRAFT HEINZ CO | COM | 500754106 |  | 1482625 | 36419 | SH |  | SOLE |  | 0 | 0 | 36419 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 1250516 | 6006 | SH |  | SOLE |  | 0 | 0 | 6006 |
| LAM RESEARCH CORP | COM | 512807108 |  | 1014648 | 2414 | SH |  | SOLE |  | 0 | 0 | 2414 |
| LANDSTAR SYS INC | COM | 515098101 |  | 1390377 | 8535 | SH |  | SOLE |  | 0 | 0 | 8535 |
| LAZARD LTD | SHS A | G54050102 |  | 478864 | 13812 | SH |  | SOLE |  | 0 | 0 | 13812 |
| LENNOX INTL INC | COM | 526107107 |  | 1352137 | 5652 | SH |  | SOLE |  | 0 | 0 | 5652 |
| LILLY ELI  CO | COM | 532457108 |  | 2611723 | 7139 | SH |  | SOLE |  | 0 | 0 | 7139 |
| LKQ CORP | COM | 501889208 |  | 448007 | 8388 | SH |  | SOLE |  | 0 | 0 | 8388 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 3670472 | 7545 | SH |  | SOLE |  | 0 | 0 | 7545 |
| LOWES COS INC | COM | 548661107 |  | 1222739 | 6137 | SH |  | SOLE |  | 0 | 0 | 6137 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 2169616 | 6772 | SH |  | SOLE |  | 0 | 0 | 6772 |
| LUMEN TECHNOLOGIES INC | COM | 550241103 |  | 508596 | 97432 | SH |  | SOLE |  | 0 | 0 | 97432 |
| LYFT INC | CL A COM | 55087P104 |  | 293301 | 26615 | SH |  | SOLE |  | 0 | 0 | 26615 |
| MANHATTAN ASSOCIATES INC | COM | 562750109 |  | 1108024 | 9127 | SH |  | SOLE |  | 0 | 0 | 9127 |
| MANPOWERGROUP INC WIS | COM | 56418H100 |  | 290071 | 3486 | SH |  | SOLE |  | 0 | 0 | 3486 |
| MARKEL CORP | COM | 570535104 |  | 638945 | 485 | SH |  | SOLE |  | 0 | 0 | 485 |
| MARKETAXESS HLDGS INC | COM | 57060D108 |  | 1724055 | 6182 | SH |  | SOLE |  | 0 | 0 | 6182 |
| MASIMO CORP | COM | 574795100 |  | 894054 | 6043 | SH |  | SOLE |  | 0 | 0 | 6043 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 774049 | 2226 | SH |  | SOLE |  | 0 | 0 | 2226 |
| MATSON INC | COM | 57686G105 |  | 258164 | 4130 | SH |  | SOLE |  | 0 | 0 | 4130 |
| MAXIMUS INC | COM | 577933104 |  | 554903 | 7567 | SH |  | SOLE |  | 0 | 0 | 7567 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 292216 | 26231 | SH |  | SOLE |  | 0 | 0 | 26231 |
| MEDPACE HLDGS INC | COM | 58506Q109 |  | 1676777 | 7894 | SH |  | SOLE |  | 0 | 0 | 7894 |
| MERCURY GENL CORP NEW | COM | 589400100 |  | 684209 | 20006 | SH |  | SOLE |  | 0 | 0 | 20006 |
| META PLATFORMS INC | CL A | 30303M102 |  | 951479 | 7907 | SH |  | SOLE |  | 0 | 0 | 7907 |
| METLIFE INC | COM | 59156R108 |  | 1559725 | 21552 | SH |  | SOLE |  | 0 | 0 | 21552 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 651886 | 451 | SH |  | SOLE |  | 0 | 0 | 451 |
| MICROSOFT CORP | COM | 594918104 |  | 1148260 | 4788 | SH |  | SOLE |  | 0 | 0 | 4788 |
| MILLERKNOLL INC | COM | 600544100 |  | 585137 | 27849 | SH |  | SOLE |  | 0 | 0 | 27849 |
| MODERNA INC | COM | 60770K107 |  | 1666528 | 9278 | SH |  | SOLE |  | 0 | 0 | 9278 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 1882591 | 5324 | SH |  | SOLE |  | 0 | 0 | 5324 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 4041403 | 39805 | SH |  | SOLE |  | 0 | 0 | 39805 |
| MOODYS CORP | COM | 615369105 |  | 334066 | 1199 | SH |  | SOLE |  | 0 | 0 | 1199 |
| MORNINGSTAR INC | COM | 617700109 |  | 1227843 | 5669 | SH |  | SOLE |  | 0 | 0 | 5669 |
| NATIONAL BEVERAGE CORP | COM | 635017106 |  | 1317639 | 28318 | SH |  | SOLE |  | 0 | 0 | 28318 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 389107 | 6147 | SH |  | SOLE |  | 0 | 0 | 6147 |
| NATIONAL HEALTHCARE CORP | COM | 635906100 |  | 997671 | 16766 | SH |  | SOLE |  | 0 | 0 | 16766 |
| NATIONAL PRESTO INDS INC | COM | 637215104 |  | 933728 | 13639 | SH |  | SOLE |  | 0 | 0 | 13639 |
| NATIONAL RETAIL PROPERTIES I | COM | 637417106 |  | 609698 | 13324 | SH |  | SOLE |  | 0 | 0 | 13324 |
| NATIONAL WESTN LIFE GROUP IN | CL A | 638517102 |  | 1585964 | 5644 | SH |  | SOLE |  | 0 | 0 | 5644 |
| NETAPP INC | COM | 64110D104 |  | 842708 | 14031 | SH |  | SOLE |  | 0 | 0 | 14031 |
| NETFLIX INC | COM | 64110L106 |  | 1778985 | 6033 | SH |  | SOLE |  | 0 | 0 | 6033 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 |  | 1794471 | 15024 | SH |  | SOLE |  | 0 | 0 | 15024 |
| NEWS CORP NEW | CL A | 65249B109 |  | 473799 | 26033 | SH |  | SOLE |  | 0 | 0 | 26033 |
| NEXSTAR MEDIA GROUP INC | COMMON STOCK | 65336K103 |  | 1067148 | 6097 | SH |  | SOLE |  | 0 | 0 | 6097 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 2173163 | 3983 | SH |  | SOLE |  | 0 | 0 | 3983 |
| NOW INC | COM | 67011P100 |  | 2004443 | 157829 | SH |  | SOLE |  | 0 | 0 | 157829 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 668186 | 17369 | SH |  | SOLE |  | 0 | 0 | 17369 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2083828 | 14259 | SH |  | SOLE |  | 0 | 0 | 14259 |
| NVR INC | COM | 62944T105 |  | 682715 | 148 | SH |  | SOLE |  | 0 | 0 | 148 |
| OFG BANCORP | COM | 67103X102 |  | 1419306 | 51499 | SH |  | SOLE |  | 0 | 0 | 51499 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 845660 | 2980 | SH |  | SOLE |  | 0 | 0 | 2980 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 627237 | 11848 | SH |  | SOLE |  | 0 | 0 | 11848 |
| OLLIES BARGAIN OUTLET HLDGS | COM | 681116109 |  | 726197 | 15504 | SH |  | SOLE |  | 0 | 0 | 15504 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 547284 | 19581 | SH |  | SOLE |  | 0 | 0 | 19581 |
| OMNICOM GROUP INC | COM | 681919106 |  | 1454227 | 17828 | SH |  | SOLE |  | 0 | 0 | 17828 |
| ONEOK INC NEW | COM | 682680103 |  | 1472744 | 22416 | SH |  | SOLE |  | 0 | 0 | 22416 |
| ORACLE CORP | COM | 68389X105 |  | 1691700 | 20696 | SH |  | SOLE |  | 0 | 0 | 20696 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 2470393 | 2927 | SH |  | SOLE |  | 0 | 0 | 2927 |
| OXFORD INDS INC | COM | 691497309 |  | 1212646 | 13014 | SH |  | SOLE |  | 0 | 0 | 13014 |
| PACKAGING CORP AMER | COM | 695156109 |  | 321823 | 2516 | SH |  | SOLE |  | 0 | 0 | 2516 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 1774124 | 12714 | SH |  | SOLE |  | 0 | 0 | 12714 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 619475 | 36699 | SH |  | SOLE |  | 0 | 0 | 36699 |
| PAYCHEX INC | COM | 704326107 |  | 386777 | 3347 | SH |  | SOLE |  | 0 | 0 | 3347 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 1826781 | 5887 | SH |  | SOLE |  | 0 | 0 | 5887 |
| PAYLOCITY HLDG CORP | COM | 70438V106 |  | 1530391 | 7878 | SH |  | SOLE |  | 0 | 0 | 7878 |
| PC CONNECTION INC | COM | 69318J100 |  | 1234390 | 26319 | SH |  | SOLE |  | 0 | 0 | 26319 |
| PENSKE AUTOMOTIVE GRP INC | COM | 70959W103 |  | 1173437 | 10210 | SH |  | SOLE |  | 0 | 0 | 10210 |
| PENUMBRA INC | COM | 70975L107 |  | 1026224 | 4613 | SH |  | SOLE |  | 0 | 0 | 4613 |
| PERKINELMER INC | COM | 714046109 |  | 492033 | 3509 | SH |  | SOLE |  | 0 | 0 | 3509 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 660330 | 8684 | SH |  | SOLE |  | 0 | 0 | 8684 |
| PINTEREST INC | CL A | 72352L106 |  | 364437 | 15010 | SH |  | SOLE |  | 0 | 0 | 15010 |
| POLARIS INC | COM | 731068102 |  | 534593 | 5293 | SH |  | SOLE |  | 0 | 0 | 5293 |
| POOL CORP | COM | 73278L105 |  | 526371 | 1741 | SH |  | SOLE |  | 0 | 0 | 1741 |
| PRICESMART INC | COM | 741511109 |  | 824187 | 13560 | SH |  | SOLE |  | 0 | 0 | 13560 |
| QUALCOMM INC | COM | 747525103 |  | 924814 | 8412 | SH |  | SOLE |  | 0 | 0 | 8412 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 1441437 | 9214 | SH |  | SOLE |  | 0 | 0 | 9214 |
| QUIDELORTHO CORP | COM | 219798105 |  | 1123101 | 13110 | SH |  | SOLE |  | 0 | 0 | 13110 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 282875 | 2677 | SH |  | SOLE |  | 0 | 0 | 2677 |
| REALTY INCOME CORP | COM | 756109104 |  | 1201987 | 18950 | SH |  | SOLE |  | 0 | 0 | 18950 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 2113899 | 2930 | SH |  | SOLE |  | 0 | 0 | 2930 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 1308086 | 60672 | SH |  | SOLE |  | 0 | 0 | 60672 |
| RELIANCE STEEL  ALUMINUM CO | COM | 759509102 |  | 431196 | 2130 | SH |  | SOLE |  | 0 | 0 | 2130 |
| RESMED INC | COM | 761152107 |  | 1920621 | 9228 | SH |  | SOLE |  | 0 | 0 | 9228 |
| RMR GROUP INC | CL A | 74967R106 |  | 943785 | 33407 | SH |  | SOLE |  | 0 | 0 | 33407 |
| ROLLINS INC | COM | 775711104 |  | 2306509 | 63123 | SH |  | SOLE |  | 0 | 0 | 63123 |
| ROSS STORES INC | COM | 778296103 |  | 603216 | 5197 | SH |  | SOLE |  | 0 | 0 | 5197 |
| S GLOBAL INC | COM | 78409V104 |  | 2315502 | 6913 | SH |  | SOLE |  | 0 | 0 | 6913 |
| SAFETY INS GROUP INC | COM | 78648T100 |  | 1325176 | 15727 | SH |  | SOLE |  | 0 | 0 | 15727 |
| SALESFORCE INC | COM | 79466L302 |  | 2030199 | 15312 | SH |  | SOLE |  | 0 | 0 | 15312 |
| SCIENCE APPLICATIONS INTL CO | COM | 808625107 |  | 800912 | 7220 | SH |  | SOLE |  | 0 | 0 | 7220 |
| SEAGEN INC | COM | 81181C104 |  | 1220078 | 9494 | SH |  | SOLE |  | 0 | 0 | 9494 |
| SERVICE CORP INTL | COM | 817565104 |  | 1103686 | 15963 | SH |  | SOLE |  | 0 | 0 | 15963 |
| SERVICENOW INC | COM | 81762P102 |  | 1088713 | 2804 | SH |  | SOLE |  | 0 | 0 | 2804 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 1289439 | 5433 | SH |  | SOLE |  | 0 | 0 | 5433 |
| SIGNET JEWELERS LIMITED | SHS | G81276100 |  | 1077732 | 15849 | SH |  | SOLE |  | 0 | 0 | 15849 |
| SILGAN HOLDINGS INC | COM | 827048109 |  | 457850 | 8832 | SH |  | SOLE |  | 0 | 0 | 8832 |
| SILICON LABORATORIES INC | COM | 826919102 |  | 1358578 | 10014 | SH |  | SOLE |  | 0 | 0 | 10014 |
| SIRIUS XM HOLDINGS INC | COM | 82968B103 |  | 517230 | 88567 | SH |  | SOLE |  | 0 | 0 | 88567 |
| SL GREEN RLTY CORP | COM | 78440X887 |  | 256474 | 7606 | SH |  | SOLE |  | 0 | 0 | 7606 |
| SMILEDIRECTCLUB INC | CL A COM | 83192H106 |  | 20625 | 58558 | SH |  | SOLE |  | 0 | 0 | 58558 |
| SMITH A O CORP | COM | 831865209 |  | 425238 | 7429 | SH |  | SOLE |  | 0 | 0 | 7429 |
| SNAP ON INC | COM | 833034101 |  | 642043 | 2810 | SH |  | SOLE |  | 0 | 0 | 2810 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 1672713 | 5905 | SH |  | SOLE |  | 0 | 0 | 5905 |
| SONOCO PRODS CO | COM | 835495102 |  | 590463 | 9726 | SH |  | SOLE |  | 0 | 0 | 9726 |
| SOUTHERN CO | COM | 842587107 |  | 1448061 | 20278 | SH |  | SOLE |  | 0 | 0 | 20278 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 376092 | 2217 | SH |  | SOLE |  | 0 | 0 | 2217 |
| STANDARD MTR PRODS INC | COM | 853666105 |  | 944438 | 27139 | SH |  | SOLE |  | 0 | 0 | 27139 |
| STELLAR BANCORP INC | COM | 858927106 |  | 1336485 | 45366 | SH |  | SOLE |  | 0 | 0 | 45366 |
| STEWART INFORMATION SVCS COR | COM | 860372101 |  | 809646 | 18948 | SH |  | SOLE |  | 0 | 0 | 18948 |
| STRATEGIC ED INC | COM | 86272C103 |  | 1226020 | 15654 | SH |  | SOLE |  | 0 | 0 | 15654 |
| STRYKER CORPORATION | COM | 863667101 |  | 382374 | 1564 | SH |  | SOLE |  | 0 | 0 | 1564 |
| SUPER MICRO COMPUTER INC | COM | 86800U104 |  | 2724092 | 33180 | SH |  | SOLE |  | 0 | 0 | 33180 |
| SYNOPSYS INC | COM | 871607107 |  | 861110 | 2697 | SH |  | SOLE |  | 0 | 0 | 2697 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 526053 | 5052 | SH |  | SOLE |  | 0 | 0 | 5052 |
| TARGET CORP | COM | 87612E106 |  | 1100212 | 7382 | SH |  | SOLE |  | 0 | 0 | 7382 |
| TERADYNE INC | COM | 880770102 |  | 620451 | 7103 | SH |  | SOLE |  | 0 | 0 | 7103 |
| TESLA INC | COM | 88160R101 |  | 911784 | 7402 | SH |  | SOLE |  | 0 | 0 | 7402 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1142489 | 6915 | SH |  | SOLE |  | 0 | 0 | 6915 |
| THE ODP CORP | COM | 88337F105 |  | 1226026 | 26922 | SH |  | SOLE |  | 0 | 0 | 26922 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 554916 | 12378 | SH |  | SOLE |  | 0 | 0 | 12378 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 448260 | 814 | SH |  | SOLE |  | 0 | 0 | 814 |
| T-MOBILE US INC | COM | 872590104 |  | 437220 | 3123 | SH |  | SOLE |  | 0 | 0 | 3123 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 3535171 | 15714 | SH |  | SOLE |  | 0 | 0 | 15714 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 1421788 | 2258 | SH |  | SOLE |  | 0 | 0 | 2258 |
| TRICO BANCSHARES | COM | 896095106 |  | 1493730 | 29295 | SH |  | SOLE |  | 0 | 0 | 29295 |
| TRIMBLE INC | COM | 896239100 |  | 850765 | 16827 | SH |  | SOLE |  | 0 | 0 | 16827 |
| TRINET GROUP INC | COM | 896288107 |  | 287811 | 4245 | SH |  | SOLE |  | 0 | 0 | 4245 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 931942 | 21658 | SH |  | SOLE |  | 0 | 0 | 21658 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 2006670 | 6224 | SH |  | SOLE |  | 0 | 0 | 6224 |
| TYSON FOODS INC | CL A | 902494103 |  | 289660 | 4653 | SH |  | SOLE |  | 0 | 0 | 4653 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 757759 | 30641 | SH |  | SOLE |  | 0 | 0 | 30641 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 3232841 | 6892 | SH |  | SOLE |  | 0 | 0 | 6892 |
| ULTRAGENYX PHARMACEUTICAL IN | COM | 90400D108 |  | 266311 | 5748 | SH |  | SOLE |  | 0 | 0 | 5748 |
| UNIFIRST CORP MASS | COM | 904708104 |  | 1153358 | 5976 | SH |  | SOLE |  | 0 | 0 | 5976 |
| UNION PAC CORP | COM | 907818108 |  | 319094 | 1541 | SH |  | SOLE |  | 0 | 0 | 1541 |
| UNITED BANKSHARES INC WEST V | COM | 909907107 |  | 691603 | 17081 | SH |  | SOLE |  | 0 | 0 | 17081 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 926750 | 1748 | SH |  | SOLE |  | 0 | 0 | 1748 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 |  | 638307 | 5908 | SH |  | SOLE |  | 0 | 0 | 5908 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 623153 | 4423 | SH |  | SOLE |  | 0 | 0 | 4423 |
| US BANCORP DEL | COM NEW | 902973304 |  | 928814 | 21298 | SH |  | SOLE |  | 0 | 0 | 21298 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 499153 | 44134 | SH |  | SOLE |  | 0 | 0 | 44134 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 2311461 | 15222 | SH |  | SOLE |  | 0 | 0 | 15222 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 1481643 | 9181 | SH |  | SOLE |  | 0 | 0 | 9181 |
| VERISIGN INC | COM | 92343E102 |  | 850717 | 4141 | SH |  | SOLE |  | 0 | 0 | 4141 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 664933 | 3769 | SH |  | SOLE |  | 0 | 0 | 3769 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1198751 | 30425 | SH |  | SOLE |  | 0 | 0 | 30425 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 3316931 | 11486 | SH |  | SOLE |  | 0 | 0 | 11486 |
| VICI PPTYS INC | COM | 925652109 |  | 1430105 | 44139 | SH |  | SOLE |  | 0 | 0 | 44139 |
| VIR BIOTECHNOLOGY INC | COM | 92764N102 |  | 312727 | 12356 | SH |  | SOLE |  | 0 | 0 | 12356 |
| VISA INC | COM CL A | 92826C839 |  | 700565 | 3372 | SH |  | SOLE |  | 0 | 0 | 3372 |
| WALMART INC | COM | 931142103 |  | 387081 | 2730 | SH |  | SOLE |  | 0 | 0 | 2730 |
| WASHINGTON FED INC | COM | 938824109 |  | 1229477 | 36646 | SH |  | SOLE |  | 0 | 0 | 36646 |
| WASHINGTON TR BANCORP INC | COM | 940610108 |  | 1072500 | 22732 | SH |  | SOLE |  | 0 | 0 | 22732 |
| WATSCO INC | COM | 942622200 |  | 501047 | 2009 | SH |  | SOLE |  | 0 | 0 | 2009 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 393885 | 4201 | SH |  | SOLE |  | 0 | 0 | 4201 |
| WEIS MKTS INC | COM | 948849104 |  | 1762332 | 21416 | SH |  | SOLE |  | 0 | 0 | 21416 |
| WENDYS CO | COM | 95058W100 |  | 614050 | 27134 | SH |  | SOLE |  | 0 | 0 | 27134 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 467178 | 1985 | SH |  | SOLE |  | 0 | 0 | 1985 |
| WESTAMERICA BANCORPORATION | COM | 957090103 |  | 1261744 | 21382 | SH |  | SOLE |  | 0 | 0 | 21382 |
| WHIRLPOOL CORP | COM | 963320106 |  | 363840 | 2572 | SH |  | SOLE |  | 0 | 0 | 2572 |
| WILLIAMS COS INC | COM | 969457100 |  | 428259 | 13017 | SH |  | SOLE |  | 0 | 0 | 13017 |
| WORLD FUEL SVCS CORP | COM | 981475106 |  | 1012261 | 37039 | SH |  | SOLE |  | 0 | 0 | 37039 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 1795378 | 7002 | SH |  | SOLE |  | 0 | 0 | 7002 |
| ZOOM VIDEO COMMUNICATIONS IN | CL A | 98980L101 |  | 301584 | 4452 | SH |  | SOLE |  | 0 | 0 | 4452 |

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