# EDGAR Filing Document

**Accession Number:** 0000357204
**File Stem:** 0001752724-25-203733
**Filing Date:** 2025-8
**Character Count:** 115451
**Document Hash:** dd7e0698c9964b4d8ccc9164be6a8ddb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203733.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203733

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Segall Bryant & Hamill Trust
- **CENTRAL INDEX KEY:** 0000357204

**ORGANIZATION NAME:**
- **EIN:** 510263765
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03373
- **FILM NUMBER:** 251253467

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 303-623-2577

**MAIL ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE FUNDS INC
- **DATE OF NAME CHANGE:** 19860506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUNMONT WEST FUND INC
- **DATE OF NAME CHANGE:** 19820520

## Series and Classes Contracts Data

### Segall Bryant & Hamill International Small Cap Fund (Series ID: S000065431)

| Class ID   | Class Name                                                              | Ticker Symbol   |
|:---|:---|:---|
| C000211585 | Segall Bryant & Hamill International Small Cap Fund-Retail Class        | SBHSX           |
| C000211586 | Segall Bryant & Hamill International Small Cap Fund-Institutional Class | SBSIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Segall Bryant & Hamill Trust

- **b. Investment Company Act file number:** 811-03373

- **c. CIK number of Registrant:** 0000357204

- **d. LEI of Registrant:** 549300D12PXTPNG46V56

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** SBH INTERNATIONAL SMALL CAP FUND

- **b. EDGAR series identifier (if any):** S000065431

- **c. LEI of Series:** 549300U8NL86H7RMMP89

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $85864530.85

**Total Liabilities:** $93934.88

**Net Assets:** $85770595.97

**Cash Not Reported:** $247606.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000211586 | 5.38%                | 6.10%                | 4.92%                |
| Class ID C000211585 | 5.47%                | 6.01%                | 4.90%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $313656.65               | $3401938.15                                |
| Month 2  | $1375586.24              | $2951208.74                                |
| Month 3  | $1088638.89              | $2741397.80                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Mirai Corporation                                     | MIRAI Corporation                                | CUSIP: J4309J108<br>LEI: 353800HQCYM7P10R9D93 | Long             | EC               | CORP              | JP        |       813 | NS      | $249649.77    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| TV Asahi Holdings Corp                                | TV Asahi Corporation                             | CUSIP: J93646107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2562 | NS      | $49623.88     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Sankyo Co Ltd                                         | SANKYO CO LTD                                    | CUSIP: J67844100<br>LEI: 3538009H2R9ZBZAOAK48 | Long             | EC               | CORP              | JP        |     51700 | NS      | $956738.39    | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Scandinavian Tobacco Group A/s                        | Scandinavian Tobacco Group A/S                   | CUSIP: K8553U105<br>LEI: 5299003KG4JS99TRML67 | Long             | EC               | CORP              | DK        |     17727 | NS      | $235278.19    | 0.27%             |  |  |  | Yes           |                  2 | On Loan: No      |
| TOA Corp (CONST)                                      | TOA CORPORATION                                  | CUSIP: J83603100<br>LEI: 353800AT816JCLZ5WD63 | Long             | EC               | CORP              | JP        |     33700 | NS      | $353051.33    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| AGL Energy Ltd.                                       | AGL Energy Ltd.                                  | CUSIP: Q01630195<br>LEI: 549300QAZ8A74DEDXO80 | Long             | EC               | CORP              | AU        |     41329 | NS      | $265021.74    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Eagle Hospitality Trust                               | Eagle Hospitality Trust                          | CUSIP: Y2188L106<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |   1204600 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Prosegur Compania de Seguridad SA                     | Prosegur Seguridad                               | CUSIP: E83453188<br>LEI: 549300N94L4D5NDBFG97 | Long             | EC               | CORP              | ES        |     74095 | NS      | $254635.10    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Paz Retail & Energy Ltd.                              | Paz Oil Company Ltd                              | CUSIP: M7846U102<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      2027 | NS      | $370862.93    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Friedrich Vorwerk Group SE                            | Friedrich Vorwerrk NPV                           | CUSIP: D2R9Z3109<br>LEI: 529900NBM89YAM5ENI18 | Long             | EC               | CORP              | DE        |       615 | NS      | $42493.10     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mixi Inc                                              | Mixi, Inc.                                       | CUSIP: J45993110<br>LEI: 529900IL3THMH0SFYQ49 | Long             | EC               | CORP              | JP        |     16200 | NS      | $391049.23    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Tre Holdings Corp                                     | TRE Holdings Corporation                         | CUSIP: J9298C105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     30800 | NS      | $291811.67    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| CIE Automotive SA                                     | CIE Automotive, S.A.                             | CUSIP: E21245118<br>LEI: 95980020140005381252 | Long             | EC               | CORP              | ES        |      6653 | NS      | $191585.55    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| ISS A/S                                               | ISS A/S                                          | CUSIP: K5591Y107<br>LEI: 213800LEZA58SZNCBN19 | Long             | EC               | CORP              | DK        |      7242 | NS      | $202135.52    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Harel Insurance Investments & Financial Services Ltd. | Harel Insurance Investments &                    | CUSIP: M52635105<br>LEI: 213800BDNN3W11SXXD60 | Long             | EC               | CORP              | IL        |     32535 | NS      | $911536.01    | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Hang Lung Properties Ltd.                             | Hang Lung Properties Ltd.                        | CUSIP: Y30166105<br>LEI: 529900CIVTNMXQT59E61 | Long             | EC               | CORP              | HK        |     41000 | NS      | $39245.96     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Vallourec SA                                          | Vallourec S.A.CA                                 | CUSIP: F96708270<br>LEI: 969500P2Q1B47H4MCJ34 | Long             | EC               | CORP              | FR        |      5016 | NS      | $92518.88     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Air New Zealand Limited                               | Air New Zealand, Ltd.                            | CUSIP: Q0169V100<br>LEI: 2549005EEIR2FNT5R792 | Long             | EC               | CORP              | NZ        |    201245 | NS      | $71768.06     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Yangzijiang Shipbuilding Holdings Ltd.                | Yangzijiang Shipbuildings Holdings Ltd.          | CUSIP: Y9728A102<br>LEI: 254900Z3JEM14YIGLM66 | Long             | EC               | CORP              | SG        |    197600 | NS      | $344820.81    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Open House Group Co Ltd                               | Open House Co., Ltd.                             | CUSIP: J3072G101<br>LEI: 529900WQOGPBIJEHW865 | Long             | EC               | CORP              | JP        |     11100 | NS      | $501879.71    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Jet2 PLC                                              | DART GROUP PLC                                   | CUSIP: G5112P101<br>LEI: I72RQ3PNLDPW8R7JIJ56 | Long             | EC               | CORP              | GB        |     12786 | NS      | $324253.20    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Global one Real Estate Investment                     | GLOBAL ONE REAL ESTATE INVESTMENT COMPANY LTD.   | CUSIP: J1727U103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       283 | NS      | $268444.56    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Draegerwerk AG & Co. KGaA                             | Draegerwerk AG & Co KGaA                         | CUSIP: D22938118<br>LEI: 5493005UFVHY0PPNKD75 | Long             | EP               | CORP              | DE        |      6468 | NS      | $512244.95    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Per Aarsleff Holding A/S                              | PER AARSLEFF Holding A/S                         | CUSIP: K7627X145<br>LEI: 5493008HS8STXVZXYZ63 | Long             | EC               | CORP              | DK        |      1408 | NS      | $146244.49    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Magic Software Enterprises Ltd.                       | Magic Software Enterprises Ltd.                  | CUSIP: 559166103<br>LEI: 529900PT36UHAIVEFN60 | Long             | EC               | CORP              | IS        |      6579 | NS      | $126005.75    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| H Lundbeck A S                                        | H Lundbeck A/S                                   | CUSIP: K4406L137<br>LEI: 5493006R4KC2OI5D3470 | Long             | EC               | CORP              | DK        |     69288 | NS      | $398043.27    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| EFG International AG                                  | EFG INTERNATIONAL AG                             | CUSIP: H2078C108<br>LEI: 506700PR1R98BSF81139 | Long             | EC               | CORP              | CH        |      4355 | NS      | $80688.81     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| San-A Co Ltd                                          | San-A Company Ltd.                               | CUSIP: J6694V109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12971 | NS      | $265768.18    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Kemira Oyj                                            | Kemira OYJ                                       | CUSIP: X44073108<br>LEI: 74370031Y7RK5H88CQ48 | Long             | EC               | CORP              | FI        |      5884 | NS      | $136439.23    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Nine Entertainment Co Holdings Ltd.                   | Nine Entertainment Company Holdings Ltd.         | CUSIP: Q6813N105<br>LEI: 529900WLXD3X7TFOAI42 | Long             | EC               | CORP              | AU        |     82131 | NS      | $87826.44     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson Electric Holdings Ltd.                        | Johnson Electric Holdings Limited                | CUSIP: G5150J157<br>LEI: 529900EDYRQ6K25JEC80 | Long             | EC               | CORP              | BM        |     49500 | NS      | $136582.38    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyoda Gosei Co Ltd                                   | Toyoda Gosei Company Ltd.                        | CUSIP: J91128108<br>LEI: 353800ZV4HXVM4DWPO50 | Long             | EC               | CORP              | JP        |      5800 | NS      | $114088.46    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Daishi Hokuetsu Financial Group Inc                   | Daishi Hokuetsu Financial Group, Inc.            | CUSIP: J10795102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10100 | NS      | $233184.39    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui DM Sugar Co Ltd.                               | Mitsui Sugar Co., Ltd.                           | CUSIP: J4517A105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5500 | NS      | $116746.82    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Heiwado Co Ltd                                        | Heiwado Co., Ltd.                                | CUSIP: J19236108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6000 | NS      | $117790.54    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Sopra Steria Group SA                                 | Sopra Steria Group                               | CUSIP: F20906115<br>LEI: 96950020QIOHAAK9V551 | Long             | EC               | CORP              | FR        |      2012 | NS      | $490515.61    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilfinger SE                                          | Bilfinger SE                                     | CUSIP: D11648108<br>LEI: 529900H0HULEN2BZ4604 | Long             | EC               | CORP              | DE        |      6460 | NS      | $621773.77    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| H Lundbeck A S                                        | H Lundbeck A/S                                   | CUSIP: K4406L145<br>LEI: 5493006R4KC2OI5D3470 | Long             | EC               | CORP              | DK        |     28738 | NS      | $138777.48    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| DNO ASA                                               | DNO ASA                                          | CUSIP: R6007G105<br>LEI: 5967007LIEEXZXH3K072 | Long             | EC               | CORP              | NO        |     53553 | NS      | $68256.07     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Yangzijiang Financial Holding Ltd                     | Yangzijiang Financial Holding Pte Ltd.           | CUSIP: Y972TH104<br>LEI: 984500E58A4F80AFB647 | Long             | EC               | CORP              | SG        |    437200 | NS      | $254714.72    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Persol Holdings Co Ltd.                               | PERSOL HOLDINGS CO                               | CUSIP: J6367Q106<br>LEI: 3538000H6OI725NB2008 | Long             | EC               | CORP              | JP        |    272500 | NS      | $531745.03    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Hotel REIT Investment Corporation               | Japan Hotel REIT Investment Corporation          | CUSIP: J2761Q107<br>LEI: 353800L8KG849FP1JI68 | Long             | EC               | CORP              | JP        |       567 | NS      | $299596.08    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Aoki Holdings Inc                                     | AOKI Holdings Inc                                | CUSIP: J01638105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     16253 | NS      | $188202.06    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Yue Yuen Industrial (Holdings) Limited                | Yue Yuen Industrial Holdings Ltd.                | CUSIP: G98803144<br>LEI: 254900YUFIBANZ1XU687 | Long             | EC               | CORP              | HK        |    193000 | NS      | $296078.33    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| KDX Realty Investment Corporation                     | KENEDIX REALTY INVESTMENT CORPORATION            | CUSIP: J32922106<br>LEI: 353800FFT483NCIHFY42 | Long             | EC               | CORP              | JP        |       476 | NS      | $516411.36    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiheiyo Cement Corp                                  | TAIHEIYO CEMENT CORP                             | CUSIP: J7923L128<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6700 | NS      | $166206.71    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| ITV PLC                                               | ITV PLC                                          | CUSIP: G4984A110<br>LEI: ZLECI7ED2QMWFGYCXZ59 | Long             | EC               | CORP              | US        |    309625 | NS      | $350751.80    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Co Ltd                                         | Nomura Company Ltd.                              | CUSIP: J58988106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     26600 | NS      | $169932.03    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| NCC AB                                                | NCC A.B.                                         | CUSIP: W5691F104<br>LEI: 213800WRGLW3CY4MHW53 | Long             | EC               | CORP              | SE        |      4687 | NS      | $87714.42     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Kh Neochem Co Ltd                                     | KH Neochem Company Ltd.                          | CUSIP: J330C4109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6000 | NS      | $105067.44    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Acom Co., Ltd.                                        | ACOM CO LTD                                      | CUSIP: J00105106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    147200 | NS      | $435803.12    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Construcciones Y Auxiliar De Ferrocarriles SA         | Construcciones y Auxiliar de Ferrocarriles, S.A. | CUSIP: E31774156<br>LEI: 95980020140005275134 | Long             | EC               | CORP              | ES        |      1621 | NS      | $89212.58     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| MPC Container Ships ASA                               | MPC Container Ships A/S                          | CUSIP: R4S03Q110<br>LEI: 213800MXS7CXYJ2Q1805 | Long             | EC               | CORP              | NO        |    165898 | NS      | $262878.92    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Helia Group Ltd.                                      | Helia Group Ltd.                                 | CUSIP: Q3983N155<br>LEI: 529900RUQ2G0JXJOF423 | Long             | EC               | CORP              | AU        |    144048 | NS      | $534015.63    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Ai Holdings Corporation                               | Ai Holdings Corporation                          | CUSIP: J0060P101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     15400 | NS      | $250529.79    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Cyber Agent                                           | CyberAgent, Inc.                                 | CUSIP: J1046G108<br>LEI: 3538006T5KZABPGS8Q08 | Long             | EC               | CORP              | JP        |     12100 | NS      | $138224.70    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Solvay NV/SA                                          | SOLVAY SA - RECLAIM                              | CUSIP: B82095116<br>LEI: 549300MMVL80RTBP3O28 | Long             | EC               | CORP              | FR        |     11705 | NS      | $405392.23    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Cromwell Property Group                               | Cromwell Property Group                          | CUSIP: Q2995J103<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    861221 | NS      | $193065.07    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Partner Communications Company Ltd.                   | Partner Communications Company Ltd.              | CUSIP: M78465107<br>LEI: 529900P1P6RZ1NC37U33 | Long             | EC               | CORP              | IL        |     13066 | NS      | $99231.22     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Ceconomy AG                                           | CECONOMY AG                                      | CUSIP: D1497L107<br>LEI: 5299001X9L42HXEBCZ51 | Long             | EC               | CORP              | DE        |    121280 | NS      | $517590.61    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| SSAB AB                                               | SSAB AB                                          | CUSIP: W8615U108<br>LEI: 529900329VS14ZIML164 | Long             | EC               | CORP              | SE        |      5737 | NS      | $33961.01     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Heijmans NV                               | Koninklijke Heijmans N.V                         | CUSIP: N3928R264<br>LEI: 724500OUE3PCA809DZ79 | Long             | EC               | CORP              | NL        |      5828 | NS      | $377475.55    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Cawachi Limited                                       | Cawachi Limited                                  | CUSIP: J0535K109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6549 | NS      | $125391.13    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Getinge AB                                            | GETINGE AB-B SHS                                 | CUSIP: W3443C107<br>LEI: 5493003PZ4F570G3W735 | Long             | EC               | CORP              | SE        |      1862 | NS      | $37411.76     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Target Healthcare REIT PLC                            | Target Healthcare REIT plc                       | CUSIP: G8672Z105<br>LEI: 213800RXPY9WULUSBC04 | Long             | EC               | CORP              | GB        |    167416 | NS      | $239187.77    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Indra Sistemas S.A.                                   | Indra Sistemas S.A.                              | CUSIP: E6271Z155<br>LEI: 95980020140005308793 | Long             | EC               | CORP              | ES        |      1187 | NS      | $51495.50     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| First Resources Ltd.                                  | First Resources Ltd.                             | CUSIP: Y2560F107<br>LEI: 5493007RRD817HUP4O49 | Long             | EC               | CORP              | SG        |    256914 | NS      | $296866.45    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Gamma Communications Plc                              | Gamma Communications PLC                         | CUSIP: G371B3109<br>LEI: 213800LAQZXPRIZUEH50 | Long             | EC               | CORP              | GB        |      2531 | NS      | $39533.85     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sixt SE                                               | Sixt SE                                          | CUSIP: D6989S106<br>LEI: 5299004ZME6CSBR7WP07 | Long             | EP               | CORP              | DE        |      5548 | NS      | $389794.41    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Cairn Homes PLC                                       | Cairn Homes PLC                                  | CUSIP: G1858L107<br>LEI: 635400DPX6WP2KKDOA83 | Long             | EC               | CORP              | IE        |     16616 | NS      | $41980.35     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Attendo Ab                                            | Attendo A.B.                                     | CUSIP: W1R94Z285<br>LEI: 549300KEJDL2FNITUW65 | Long             | EC               | CORP              | SE        |     58450 | NS      | $392660.23    | 0.46%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Aisan Industry Co                                     | Aisan Industry Co Ltd                            | CUSIP: J00672105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     14400 | NS      | $167740.72    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| SBS Holdings Inc                                      | SBS Holdings, Inc.                               | CUSIP: J6985F102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6900 | NS      | $139025.20    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Wallenius Wilhelmsen ASA                              | Wallenius Wilhelmsen ASA                         | CUSIP: R9820L103<br>LEI: 549300NBN0URT3RA3Y54 | Long             | EC               | CORP              | NO        |     52928 | NS      | $435211.69    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Quadient SA                                           | Quadient                                         | CUSIP: F7488R100<br>LEI: 549300K4W3A5ITOPTK67 | Long             | EC               | CORP              | FR        |      8350 | NS      | $156512.65    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Inghams Group Ltd.                                    | Inghams Group Limited                            | CUSIP: Q4912E100<br>LEI: 529900ZZ4VRHSGVBNE41 | Long             | EC               | CORP              | AU        |    121298 | NS      | $283431.53    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| TBC Bank Group PLC                                    | TBC BANK GROUP PLC                               | CUSIP: G8705J102<br>LEI: 213800T6NS9N2WQ3B328 | Long             | EC               | CORP              | GB        |      2919 | NS      | $185967.55    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sakata Inx Corp                                       | Sakata Inx Corp. N.P.V.                          | CUSIP: J66661125<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     23400 | NS      | $315594.38    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Bam Groep NV                              | Koninklijke BAM Groep NV                         | CUSIP: N0157T177<br>LEI: 724500V38C5KTDY5BS93 | Long             | EC               | CORP              | NL        |    113311 | NS      | $1010692.47   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamabiko Corporation                                  | YAMABIKO Corporation                             | CUSIP: J95558102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     18400 | NS      | $270310.79    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| PAX Global Technology Ltd.                            | PAX Global Technology Ltd                        | CUSIP: G6955J103<br>LEI: 5299008CRGPD1WZXCD36 | Long             | EC               | CORP              | HK        |     45000 | NS      | $34681.71     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Just Group PLC                                        | Just Group PLC                                   | CUSIP: G9331B109<br>LEI: 5493006456YEZEELRR90 | Long             | EC               | CORP              | GB        |    315157 | NS      | $573783.78    | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| EasyJet PLC                                           | easyJet plc                                      | CUSIP: G3030S109<br>LEI: 2138001S47XKWIB7TH90 | Long             | EC               | CORP              | US        |     57874 | NS      | $423515.50    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco di Desio e della Brianza S.p.A.                 | Banco di Desio e della Brianza SpA               | CUSIP: T1719F105<br>LEI: 81560026D234790EB288 | Long             | EC               | CORP              | IT        |      4284 | NS      | $35829.82     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Greencore Group PLC                                   | Greencore Group plc                              | CUSIP: G40866124<br>LEI: 635400GGBEWULJXM5868 | Long             | EC               | CORP              | IE        |     99790 | NS      | $319822.18    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Industry Co Ltd.                                | Eagle Industry Company, Ltd.                     | CUSIP: J12558110<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     14600 | NS      | $194362.81    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Nok Corporation                                       | NOK Corporation                                  | CUSIP: J54967104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     15300 | NS      | $225696.92    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Galenica AG                                           | Galenica AG                                      | CUSIP: H85158113<br>LEI: 506700W4772BD8016Z20 | Long             | EC               | CORP              | CH        |       393 | NS      | $43010.01     | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Austevoll Seafood ASA                                 | Austevoll Seafood ASA                            | CUSIP: R0814U100<br>LEI: 5967007LIEEXZXFFDC03 | Long             | EC               | CORP              | NO        |     40029 | NS      | $385318.65    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Charter Hall Group                                    | Charter Hall Group                               | CUSIP: Q2308A138<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |      5189 | NS      | $65756.04     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand China Trust                                | CapitaLand Retail China Trust                    | CUSIP: Y1092E109<br>LEI: 5493007T7JU82E186P49 | Long             | EC               | CORP              | SG        |     63000 | NS      | $34950.55     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Leasing Company Limited                        | Mizuho Leasing Company Ltd.                      | CUSIP: J2308V106<br>LEI: 353800O6EEA5GK30Z659 | Long             | EC               | CORP              | JP        |     15200 | NS      | $112758.97    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Shibaura Mechatronics Corporation                     | Shibaura Mechatronics Corporation                | CUSIP: J71585103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6200 | NS      | $466984.65    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Ceramic Co Ltd                                 | Nippon Ceramic Co., Ltd.                         | CUSIP: J52344108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     16800 | NS      | $326712.94    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Densetsu Kogyo Co Ltd                          | Nippon Densetsu Kogyo Company Ltd.               | CUSIP: J52989100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17000 | NS      | $302327.45    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Cibus Nordic Real Estate AB                           | Cibus Nordic Real Estate A.B.                    | CUSIP: W24214103<br>LEI: 549300PW36MFK96GCR23 | Long             | EC               | CORP              | SE        |     13018 | NS      | $257327.39    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Karoon Energy Ltd.                                    | Karoon Energy Ltd.                               | CUSIP: Q5210P101<br>LEI: 529900VXILHR2CNBWD62 | Long             | EC               | CORP              | AU        |    188086 | NS      | $237355.15    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Lifeline Co Ltd                                 | Japan Lifeline Company Ltd.                      | CUSIP: J27093103<br>LEI: 353800QUW6LROZVA6765 | Long             | EC               | CORP              | JP        |     54502 | NS      | $564510.84    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Ituran                                                | Ituran Location and Control Ltd.                 | CUSIP: M6158M104<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      7700 | NS      | $298221.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Icade SA                                              | ICADE                                            | CUSIP: F4931M119<br>LEI: 969500UDH342QLTE1M42 | Long             | EC               | CORP              | FR        |     12244 | NS      | $345547.21    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Invincible Investment Corporation                     | Invincible Investment Corporation                | CUSIP: J2442V103<br>LEI: 353800JY6M2692VAV685 | Long             | EC               | CORP              | JP        |      1473 | NS      | $634207.23    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Tohoku Electric Power Co Inc                          | Tohoku Electric Power Company, Inc.              | CUSIP: J85108108<br>LEI: 353800KTF7EYIIYHY088 | Long             | EC               | CORP              | JP        |     33300 | NS      | $243091.99    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| HIAG Immobilien Holding AG                            | Hiag Immobilien Holding A.G.                     | CUSIP: H3634R100<br>LEI: 549300TU2XXQ3TU4KJ11 | Long             | EC               | CORP              | CH        |      2229 | NS      | $310947.45    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| NRW Holdings Ltd                                      | NRW Holdings Limited                             | CUSIP: Q6951V109<br>LEI: 5493003S2MORCH0HEL95 | Long             | EC               | CORP              | AU        |    283526 | NS      | $558086.05    | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Tomony Holdings Inc.                                  | TOMONY Holdings, Inc.                            | CUSIP: J8912M101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     27200 | NS      | $101800.01    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| BPER Banca S.p.A.                                     | BPER Banca                                       | CUSIP: T1325T119<br>LEI: N747OI7JINV7RUUH6190 | Long             | EC               | CORP              | IT        |     91559 | NS      | $830948.94    | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Zacros Corp.                                          | Fujimori Kogyo Co., Ltd.                         | CUSIP: J14984108<br>LEI: 353800YWT7BBFCB5RN10 | Long             | EC               | CORP              | JP        |      7238 | NS      | $188704.48    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Joshin Denki Co Ltd.                                  | Joshin Denki Company Ltd.                        | CUSIP: J28499127<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17100 | NS      | $281565.16    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Financial Ltd.                                | The Phoenix Holdings Ltd. 25                     | CUSIP: M7918D145<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      2411 | NS      | $69788.48     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| First Pacific Co Ltd.                                 | FIRST PACIFIC CO                                 | CUSIP: G34804107<br>LEI: 254900VS1MDQSDM9DE09 | Long             | EC               | CORP              | HK        |    428000 | NS      | $303374.65    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| E-Commodities Holdings Limited                        | E-Commodities Holdings Ltd.                      | CUSIP: G2921V106<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   1261426 | NS      | $149443.59    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Pulp & Paper Co                                 | Japan Pulp and Paper Company Limited             | CUSIP: J27449107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     72986 | NS      | $313604.62    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Millicom International Cellular SA                    | MILLICOM INTERNATIONAL CELLULAR S.A.             | CUSIP: L6388F110<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |     14222 | NS      | $532898.34    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneweg Europe Stapled Trust                         | Stoneweg Europe Stapled Trust                    | CUSIP: Y816FX103<br>LEI: 21380093RFHTC319NL93 | Long             | EC               | CORP              | SG        |     79007 | NS      | $141449.52    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Saipem SPA                                            | Saipem SpA                                       | CUSIP: T82000257<br>LEI: 549300PHV8MBDHWB8X12 | Long             | EC               | CORP              | IT        |     91597 | NS      | $250388.01    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon REIT Investment Corporation                    | NIPPON REIT Investment Corp                      | CUSIP: J5530Q100<br>LEI: 3538004O49OJ90PEXX85 | Long             | EC               | CORP              | JP        |       688 | NS      | $422172.23    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryoyo Ryosan Holdings Inc.                            | Ryoyo Ryosan Holdings Inc.                       | CUSIP: J65802100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10000 | NS      | $184076.37    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| British Land Company PLC                              | BRITISH LAND COMPANY PLC                         | CUSIP: G15540118<br>LEI: RV5B68J2GV3QGMRPW209 | Long             | EC               | CORP              | GB        |     98496 | NS      | $511180.40    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Bridgestone Corp.                                     | F.C.C. CO., LTD.                                 | CUSIP: J04578126<br>LEI: 549300DHPOF90OYYD780 | Long             | EC               | CORP              | JP        |     22193 | NS      | $429652.66    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Boshoku Corp.                                  | Toyota Boshoku Corp                              | CUSIP: J91214106<br>LEI: 529900KS87U6EY7PWG26 | Long             | EC               | CORP              | JP        |      8000 | NS      | $109043.40    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Future PLC                                            | Future PLC                                       | CUSIP: G37005132<br>LEI: 213800K2581YRLEXV353 | Long             | EC               | CORP              | GB        |     20798 | NS      | $208762.86    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Lion Finance Group PLC                                | Bank of Georgia Group plc                        | CUSIP: G0R1NA104<br>LEI: 213800XKDG12NQG8VC53 | Long             | EC               | CORP              | US        |     10977 | NS      | $1069128.94   | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Also Holding AG                                       | ALSO Holding AG                                  | CUSIP: H0178Q159<br>LEI: 529900ACS8A6PTQI6141 | Long             | EC               | CORP              | CH        |      1503 | NS      | $509783.27    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| North Pacific Bank Ltd.                               | NORTH PACIFIC BANK, LTD.                         | CUSIP: J22260111<br>LEI: 549300A1ZLTL4KX3DZ92 | Long             | EC               | CORP              | JP        |     29000 | NS      | $116034.25    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| BAWAG Group AG                                        | BAWAG Group AG                                   | CUSIP: A0997C107<br>LEI: 529900S9YO2JHTIIDG38 | Long             | EC               | CORP              | AT        |      4069 | NS      | $520307.99    | 0.61%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bezeq The Israeli Telecommunication Corp Ltd          | BEZEQ THE ISRAELI TELECOM                        | CUSIP: M2012Q100<br>LEI: 213800XCGZCFSWY9U863 | Long             | EC               | CORP              | IL        |    139693 | NS      | $238731.36    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Harvey Norman Holdings Ltd.                           | Harvey Norman Holdings Limited                   | CUSIP: Q4525E117<br>LEI: 529900ONRWOF42PYKU59 | Long             | EC               | CORP              | AU        |     44223 | NS      | $153430.58    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Grand City Properties SA                              | GRAND CITY PROPERTIES S.A.                       | CUSIP: L4459Y100<br>LEI: 5299002QLUYKK2WBMB18 | Long             | EC               | CORP              | LU        |     20268 | NS      | $265554.51    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Kobe Steel Ltd                                        | KOBE STEEL LTD                                   | CUSIP: J34555250<br>LEI: 549300ZDCYYUPHEE5K87 | Long             | EC               | CORP              | JP        |     68600 | NS      | $748732.10    | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| UT Group Co Ltd.                                      | UT Group Co., Ltd.                               | CUSIP: J9448B106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      8300 | NS      | $141789.65    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Mutares SE & Co. KGaA                                 | Mutares S.E. & Company KGaA                      | CUSIP: D5624A157<br>LEI: 391200NWMO6NLQFSCU64 | Long             | EC               | CORP              | DE        |      6431 | NS      | $274385.97    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Finnair Oyj                                           | Finnair OYJ                                      | CUSIP: X24877247<br>LEI: 213800SB6EOB8SSK9W63 | Long             | EC               | CORP              | FI        |     67677 | NS      | $213836.44    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Pacific Industrial Co Ltd                             | Pacific Industrial Co Ltd                        | CUSIP: J63438105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     30125 | NS      | $281914.26    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Academedia Ab                                         | AcadeMedia AB                                    | CUSIP: W1202M266<br>LEI: 549300H47PGHY4JNKO68 | Long             | EC               | CORP              | SE        |     12374 | NS      | $109173.52    | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Lion Corp                                             | Lion Corporation                                 | CUSIP: J38933107<br>LEI: 529900MPGS2GM7VPG855 | Long             | EC               | CORP              | JP        |      7400 | NS      | $76499.12     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwabo Holdings Co Ltd.                              | Daiwabo Holdings Company Ltd.                    | CUSIP: J1R29Q108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     15500 | NS      | $278562.05    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Perseus Mining Ltd.                                   | Perseus Mining, Ltd.                             | CUSIP: Q74174105<br>LEI: 54930054ZDGKBCW3SM26 | Long             | EC               | CORP              | AU        |    208436 | NS      | $473400.90    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| ME Group International PLC                            | Photo-Me International PLC                       | CUSIP: G70695112<br>LEI: 2138006YJ65EKBYYYX41 | Long             | EC               | CORP              | GB        |     83674 | NS      | $263753.87    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Iren SpA                                              | Iren SpA                                         | CUSIP: T5551Y106<br>LEI: 8156001EBD33FD474E60 | Long             | EC               | CORP              | IT        |     15297 | NS      | $47253.77     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Brother Industries Ltd                                | BROTHER INDUSTRIES LTD.                          | CUSIP: 114813108<br>LEI: 549300O5FACQ67KI6R92 | Long             | EC               | CORP              | JP        |     22300 | NS      | $384617.10    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Billerud AB                                           | BILLERUDKORSNAS AB                               | CUSIP: W16021102<br>LEI: 549300YJUYJ9A24RXL71 | Long             | EC               | CORP              | SE        |      7713 | NS      | $79919.64     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Implenia AG                                           | Implenia AG                                      | CUSIP: H41929102<br>LEI: 52990006TKCUQQJ79B11 | Long             | EC               | CORP              | CH        |     14326 | NS      | $1003940.21   | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Vienna Insurance Group AG Wiener Versicherung Gruppe  | VIENNA INSURANC - RECLAIM                        | CUSIP: A9142L128<br>LEI: 549300JCRU23I1THU176 | Long             | EC               | CORP              | AT        |      2047 | NS      | $105404.41    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Exedy Corp                                            | Exedy Corp                                       | CUSIP: J1326T101<br>LEI: 35380047PHY08BBD5M18 | Long             | EC               | CORP              | JP        |      6800 | NS      | $194484.89    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Samty Residential Investment Corp                     | Samty Residential Investment Corporation         | CUSIP: J6779Q108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |        41 | NS      | $27618.65     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Strabag SE                                            | Strabag SE-BR                                    | CUSIP: A8363A118<br>LEI: 529900TYYSRJH2VJSP60 | Long             | EC               | CORP              | AU        |       663 | NS      | $63126.03     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Riko Co Ltd.                                 | Sumitomo Riko Company, Ltd.                      | CUSIP: J7787P108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     29200 | NS      | $337548.64    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| TUI AG                                                | TUI AG                                           | CUSIP: D8484K455<br>LEI: 529900SL2WSPV293B552 | Long             | EC               | CORP              | GR        |     11025 | NS      | $96607.66     | 0.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Clariane SE                                           | Korian                                           | CUSIP: F5412L108<br>LEI: 969500WEPS61H6TJM037 | Long             | EC               | CORP              | FR        |     92077 | NS      | $564148.83    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Growthpoint Properties Australia Ltd.                 | Growthpoint Properties Australia Ltd.            | CUSIP: Q4359J133<br>LEI: 529900VCPJ9IEDF4TJ03 | Long             | EC               | CORP              | AU        |    206640 | NS      | $316730.81    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Londonmetric Property PLC                             | LondonMetric Property PLC                        | CUSIP: G5689W109<br>LEI: 213800OCERWWPQDURL87 | Long             | EC               | CORP              | IE        |     25259 | NS      | $70529.11     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Sundrug Co Ltd                                        | Sundrug Company Ltd.                             | CUSIP: J78089109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5300 | NS      | $165833.86    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Rubis SCA                                             | Rubis SCA                                        | CUSIP: F7686C152<br>LEI: 969500MGFIKUGLTC9742 | Long             | EC               | CORP              | FR        |      1663 | NS      | $53766.28     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| NHK Spring Co Ltd                                     | NHK SPRING CO LTD                                | CUSIP: J49162126<br>LEI: 35380033IJ3XRDV8VH57 | Long             | EC               | CORP              | JP        |     25400 | NS      | $276518.34    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Zigup PLC                                             | Zigup Plc                                        | CUSIP: G7331W115<br>LEI: 213800B3ZUTDOZYVJB41 | Long             | EC               | CORP              | GB        |     83148 | NS      | $405523.28    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Saison Co Ltd.                                 | CREDIT SAISON CO LTD                             | CUSIP: J7007M109<br>LEI: 529900SV58ZWTGRH3A66 | Long             | EC               | CORP              | JP        |     20700 | NS      | $558392.47    | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicaja Banco, S.A.U.                                 | Unicaja Banco, S.A.                              | CUSIP: E92589105<br>LEI: 5493007SJLLCTM6J6M37 | Long             | EC               | CORP              | ES        |     99872 | NS      | $235871.08    | 0.28%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Tokyo Century Corp.                                   | Tokyo Century Corporation                        | CUSIP: J8671Q103<br>LEI: 35380096ZLHOF84DXR74 | Long             | EC               | CORP              | JP        |     40300 | NS      | $453626.86    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Valor Holdings Co Ltd                                 | Valor Holdings Co Ltd                            | CUSIP: J94512100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7100 | NS      | $124178.80    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Yancoal Australia Ltd                                 | Yancoal Australia Ltd.                           | CUSIP: Q9869P115<br>LEI: 3003003IC6G39HKQAD13 | Long             | EC               | CORP              | AU        |     29950 | NS      | $113803.99    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanki Engineering Co Ltd                              | SANKI ENGINEERING CO., LTD                       | CUSIP: J67435107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10300 | NS      | $289150.73    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Kelsian Group Ltd.                                    | Kelsian Group Ltd.                               | CUSIP: Q52522101<br>LEI: 984500FAK68AD2A97558 | Long             | EC               | CORP              | AU        |     62976 | NS      | $157304.22    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Currys PLC                                            | Dixons Carphone PLC                              | CUSIP: G2601D103<br>LEI: 2138001E12GWLLDQQF16 | Long             | EC               | CORP              | GB        |    513208 | NS      | $857806.71    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Television Holdings Inc.                       | Nippon Television Holdings, Inc.                 | CUSIP: J56171101<br>LEI: 353800QI43C3H97E4W63 | Long             | EC               | CORP              | JP        |      1800 | NS      | $41694.54     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Kier Group PLC                                        | Kier Group plc                                   | CUSIP: G52549105<br>LEI: 2138002RKCU2OM4Y7O48 | Long             | EC               | CORP              | GB        |    247560 | NS      | $709189.61    | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Evolution Mining Ltd.                                 | Evolution Mining Ltd.                            | CUSIP: Q3647R147<br>LEI: 254900BCFW5QO5LW8F27 | Long             | EC               | CORP              | AU        |      9167 | NS      | $47726.44     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Belluna Co Ltd                                        | Belluna Co Ltd.                                  | CUSIP: J0428W103<br>LEI: 353800Q8P5LM0569VS75 | Long             | EC               | CORP              | JP        |     45600 | NS      | $281002.07    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Swissquote Group Holding AG                           | Swissquote Group Holding SA                      | CUSIP: H8403Y103<br>LEI: 549300O3WME82RDPEN66 | Long             | EC               | CORP              | CH        |       391 | NS      | $222234.91    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Etablissements Maurel & Prom S.A.                     | Etablissements Maurel et Prom S.A.               | CUSIP: F60858101<br>LEI: 969500ZTYI9C1C594X25 | Long             | EC               | CORP              | FR        |     15914 | NS      | $90133.50     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Savills PLC                                           | SAVILLS PLC                                      | CUSIP: G78283119<br>LEI: 213800WXICGMBWHTA933 | Long             | EC               | CORP              | GB        |      2579 | NS      | $35235.53     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Tietoevry Oyj                                         | TietoEVRY Oyj                                    | CUSIP: Y8T39G104<br>LEI: 549300EW2KM4KROKQV31 | Long             | EC               | CORP              | FI        |      8553 | NS      | $162183.53    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| DAH Sing Banking G                                    | Dah Sing Banking Group Ltd.                      | CUSIP: Y1923F101<br>LEI: 529900DXBMKJOLLQOM66 | Long             | EC               | CORP              | HK        |     75391 | NS      | $87410.99     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| GS Yuasa Corp.                                        | GS Yuasa Corporation                             | CUSIP: J1770L109<br>LEI: 353800MW7O6PQQHLDR79 | Long             | EC               | CORP              | JP        |     17200 | NS      | $320890.96    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker Solutions ASA                                    | Aker Solutions ASA                               | CUSIP: R0138P118<br>LEI: 5967007LIEEXZXG42836 | Long             | EC               | CORP              | NO        |     71021 | NS      | $245126.16    | 0.29%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ichigo Office REIT Investment Corp.                   | Ichigo Office REIT Investment Corporation        | CUSIP: J2382Z106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       148 | NS      | $94280.06     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Semapa Sociedade de Investimento e Gestao SGPS SA     | Semapa-Sociedade de Investimento e Gestao        | CUSIP: X7936A113<br>LEI: 549300HNGOW85KIOH584 | Long             | EC               | CORP              | PT        |      8291 | NS      | $163085.63    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Kiyo Bank Ltd                                         | Kiyo Bank Ltd. (The)                             | CUSIP: J34082115<br>LEI: 3538002347FGLMNPVY63 | Long             | EC               | CORP              | JP        |     12200 | NS      | $210762.23    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Super Retail Group Ltd.                               | SUPER RETAIL GROUP LTD                           | CUSIP: Q88009107<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     29132 | NS      | $273102.69    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Petroleum Exploration Co Ltd.                   | Japan Petroleum Exploration Co                   | CUSIP: J2740Q103<br>LEI: 549300WXUNBZ356DMN17 | Long             | EC               | CORP              | JP        |     20100 | NS      | $141393.47    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Raiffeisen Bank International AG                      | RAIFFEISEN BANK INTERNATI                        | CUSIP: A7111G104<br>LEI: 9ZHRYM6F437SQJ6OUG95 | Long             | EC               | CORP              | AT        |     13682 | NS      | $418480.31    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Wickes Group PLC                                      | Wickes Group plc                                 | CUSIP: G8927W105<br>LEI: 213800IEX9ZXJRAOL133 | Long             | EC               | CORP              | GB        |     69379 | NS      | $213785.91    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Derichebourg SA                                       | Derichebourg SA                                  | CUSIP: F2546C237<br>LEI: 969500QOO4C4IPGID263 | Long             | EC               | CORP              | FR        |     19721 | NS      | $134012.07    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Starhill Global Real Estate Investment Trust          | STARHILL GLOBAL REIT                             | CUSIP: Y7545N109<br>LEI: 549300GCJNC7HDN3YK51 | Long             | EC               | CORP              | SG        |    651070 | NS      | $261377.31    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Yusen Kabushiki Kaisha                         | Nippon Yusen KK                                  | CUSIP: J56515232<br>LEI: 353800YPW4XM0ZN5I149 | Long             | EC               | CORP              | JP        |     21000 | NS      | $421195.61    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Abacus Group                                          | Abacus Group                                     | CUSIP: Q0015N260<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    143026 | NS      | $105473.54    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonae SGPS SA                                         | SONAE S.G.P.S., SA                               | CUSIP: X8252W176<br>LEI: 549300847SOBT7HY7R50 | Long             | EC               | CORP              | PT        |     35904 | NS      | $51086.02     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Glass Co Ltd                                  | Central Glass Company Ltd.                       | CUSIP: J05502109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     11100 | NS      | $228693.87    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Compagnie des Alpes SA                                | Cie des Alpes                                    | CUSIP: F2005P158<br>LEI: 96950029IN3GW457GG90 | Long             | EC               | CORP              | FR        |      3413 | NS      | $82863.59     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Accent Group Ltd.                                     | Accent Group Limited                             | CUSIP: Q0R618101<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    175071 | NS      | $160836.37    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Isras Investment Company Ltd.                         | Isras Investment Company LTD                     | CUSIP: M61446106<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |       209 | NS      | $59510.39     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Energean PLC                                          | Energean plc                                     | CUSIP: G303AF106<br>LEI: 549300RVMKU0CYUZBB05 | Long             | EC               | CORP              | GB        |      8306 | NS      | $103916.20    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ansell Ltd.                                           | Ansell Limited                                   | CUSIP: Q04020105<br>LEI: 549300NEGJ5G23VCJM45 | Long             | EC               | CORP              | AU        |     22985 | NS      | $458264.23    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Wacom Co Ltd.                                         | Wacom Co LTD                                     | CUSIP: J9467Z109<br>LEI: 353800R3B771OQOQPT02 | Long             | EC               | CORP              | JP        |     56800 | NS      | $269557.90    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Serica Energy Plc                                     | Serica Energy PLC                                | CUSIP: G80475109<br>LEI: 213800EZZOKA815VC426 | Long             | EC               | CORP              | GB        |     36051 | NS      | $78569.31     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| DAH Sing Financial                                    | Dah Sing Financial Holdings Limited              | CUSIP: Y19182107<br>LEI: 529900J55QMXMR5KMH32 | Long             | EC               | CORP              | HK        |     52000 | NS      | $197230.36    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Takara Standard Co Ltd                                | Takara Standard Co., Ltd.                        | CUSIP: J80851116<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17700 | NS      | $298268.78    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Hang Lung Group Ltd.                                  | Hang Lung Group Ltd.                             | CUSIP: Y30148111<br>LEI: 529900V2T2EPOQYH0981 | Long             | EC               | CORP              | HK        |     25000 | NS      | $43529.19     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Bekaert SA                                            | Bekaert SA                                       | CUSIP: B6346B111<br>LEI: 5493008SR6XZECH6BN71 | Long             | EC               | CORP              | BE        |      7004 | NS      | $289749.36    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| MFE-MediaForEurope NV                                 | MFE-MediaForEurope N.V.                          | CUSIP: N5673Q128<br>LEI: 213800DIFN7NR7B97A50 | Long             | EC               | CORP              | IT        |     80904 | NS      | $277529.98    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Ovs S.P.A                                             | OVS SpA                                          | CUSIP: T7S3C5103<br>LEI: 8156001A772766DCAA71 | Long             | EC               | CORP              | IT        |     39059 | NS      | $170222.99    | 0.20%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Spectris PLC                                          | Spectris plc                                     | CUSIP: G8338K104<br>LEI: 213800Z4CO2CZO3M3T10 | Long             | EC               | CORP              | GB        |      7385 | NS      | $389151.00    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Intershop Holding AG                                  | Intershop Holding A.G.                           | CUSIP: H42507279<br>LEI: 506700CGX4K77JX3R725 | Long             | EC               | CORP              | CH        |      1204 | NS      | $215655.92    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Hansen Technologies Ltd.                              | Hansen Technologies Limited                      | CUSIP: Q4474Z103<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    121623 | NS      | $399122.04    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Kitz Corp                                             | Kitz Corp                                        | CUSIP: J34039115<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     35300 | NS      | $289749.48    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Atea ASA                                              | ATEA ASA                                         | CUSIP: R0728G106<br>LEI: 5967007LIEEXZXINVS13 | Long             | EC               | CORP              | NO        |     12806 | NS      | $202286.20    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexus                                                 | DEXUS PROPERTY GROUP                             | CUSIP: Q318A1104<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     15428 | NS      | $67713.21     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Valeo SE                                              | Valeo S.A.                                       | CUSIP: F96221340<br>LEI: 5493006IH2N2WMIBB742 | Long             | EC               | CORP              | FR        |     10594 | NS      | $116278.98    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| A2A S.p.A.                                            | A2A SpA                                          | CUSIP: T0579B105<br>LEI: 81560076E3944316DB24 | Long             | EC               | CORP              | IT        |     86386 | NS      | $232663.75    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Harbour Energy PLC                                    | Harbour Energy plc                               | CUSIP: G4289T111<br>LEI: 213800YPC42DYBKVPF97 | Long             | EC               | CORP              | GB        |     24925 | NS      | $66812.82     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Sankyu Inc                                            | Sankyu Inc                                       | CUSIP: J68037100<br>LEI: 529900QWTXZZEM1T5G75 | Long             | EC               | CORP              | JP        |      8200 | NS      | $439758.35    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Pan African Resources PLC                             | Pan African Resources plc                        | CUSIP: G6882W102<br>LEI: 213800EAXURCXMX6RL85 | Long             | EC               | CORP              | GB        |   1058153 | NS      | $664468.27    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambea Ab (Publ)                                       | Ambea A.B.                                       | CUSIP: W0R88P139<br>LEI: 549300AEVNZRHYI5HV24 | Long             | EC               | CORP              | SE        |     58794 | NS      | $701368.51    | 0.82%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Magellan Financial Group Ltd.                         | Magellan Financial Group Limited                 | CUSIP: Q5713S107<br>LEI: 549300X5WFW6USQQ9U26 | Long             | EC               | CORP              | AU        |     53702 | NS      | $302855.35    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Sulzer AG                                             | SULZER AG-REG                                    | CUSIP: H83580284<br>LEI: 529900NZ6MAST5IJF669 | Long             | EC               | CORP              | CH        |      2175 | NS      | $393076.88    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Elco Ltd.                                             | Elco Ltd.                                        | CUSIP: M3787F105<br>LEI: N/A                  | Long             | EC               | CORP              | IS        |      3103 | NS      | $171508.58    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Kato Sangyo Co                                        | Kato Sangyo Company Ltd.                         | CUSIP: J3104N108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3197 | NS      | $121878.11    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Ns United Kaiun Kaisha Ltd                            | NS United Kaiun Kaisha Ltd                       | CUSIP: J5932X109<br>LEI: 353800MK2Y7X2PZGXN23 | Long             | EC               | CORP              | JP        |      1800 | NS      | $48740.60     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Forestry Co Ltd.                             | SUMITOMO FORESTRY CO                             | CUSIP: J77454122<br>LEI: 549300FIIRGO6D5FWR19 | Long             | EC               | CORP              | JP        |      4800 | NS      | $48463.58     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Bytes Technology Group PLC                            | Bytes Technology Group PLC                       | CUSIP: G1824W104<br>LEI: 213800LA4DZLFBAC9O33 | Long             | EC               | CORP              | GB        |     42661 | NS      | $299636.15    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Loomis AB                                             | Loomis AB                                        | CUSIP: W5S50Y116<br>LEI: 213800NS2XXVRYS7WP40 | Long             | EC               | CORP              | SE        |      7292 | NS      | $306593.63    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Diversified Energy Company PLC                        | Diversified Energy Company plc                   | CUSIP: G2891G204<br>LEI: 213800YR9TFRVHPGOS67 | Long             | EC               | CORP              | US        |      6783 | NS      | $101104.88    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| West African Resources Ltd.                           | West African Resources Ltd.                      | CUSIP: Q9594D106<br>LEI: 529900XLO8GMJNTUL013 | Long             | EC               | CORP              | AU        |    221277 | NS      | $336121.57    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| SUSS MicroTec SE                                      | SUSS MicroTec S.E.                               | CUSIP: D82791167<br>LEI: 529900C3KRUTSYDK7N87 | Long             | EC               | CORP              | DE        |      6418 | NS      | $352724.20    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Iveco Group NV                                        | Iveco Group N.V.                                 | CUSIP: N47017103<br>LEI: 549300ZWF2ZJDD9EOR96 | Long             | EC               | CORP              | IT        |     26770 | NS      | $527146.42    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokuyama Corp                                         | Tokuyama Corp                                    | CUSIP: J86506110<br>LEI: 529900MHGZKHNMNCQB62 | Long             | EC               | CORP              | JP        |     17700 | NS      | $369804.74    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Sasseur Real Estate Investment Trust                  | Sasseur Real Estate Investment Trust             | CUSIP: Y7541M105<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    319337 | NS      | $160955.35    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Italgas SpA                                           | ITALGAS SPA                                      | CUSIP: T6R89Z103<br>LEI: 815600F25FF44EF1FA76 | Long             | EC               | CORP              | IT        |     47228 | NS      | $400589.95    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoist Finance AB                                      | Hoist Finance AB                                 | CUSIP: W4R31M102<br>LEI: 549300NPK3FB2BEL4D08 | Long             | EC               | CORP              | SE        |     24707 | NS      | $217885.65    | 0.25%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Nippon Signal Co Ltd.                                 | Nippon Signal Company, Ltd 26                    | CUSIP: J55827117<br>LEI: 353800WH3SH4B0OO8074 | Long             | EC               | CORP              | JP        |     22505 | NS      | $168043.48    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanamoto Co Ltd                                       | Kanamoto Co Ltd                                  | CUSIP: J29557105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13055 | NS      | $293047.26    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Vicat SA                                              | Vicat S.A.                                       | CUSIP: F18060107<br>LEI: 9695009YI1863TOVDP79 | Long             | EC               | CORP              | FR        |      9466 | NS      | $655790.27    | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Elecom Co., Ltd.                                      | Elecom Company Ltd.                              | CUSIP: J12884102<br>LEI: 353800BXFUVR7EPC0G35 | Long             | EC               | CORP              | JP        |     11300 | NS      | $141589.59    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Thyssenkrupp AG                                       | THYSSENKRUPP AG                                  | CUSIP: D8398Q119<br>LEI: 549300UDG16DOYUPR330 | Long             | EC               | CORP              | DE        |     18486 | NS      | $199229.98    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Blue Square Real Estate Ltd.                          | Blue Square Real Estate Ltd. 28                  | CUSIP: M20259103<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      3350 | NS      | $386511.68    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Supermarket Income Reit Public Limited Company        | Supermarket Income Reit plc                      | CUSIP: G8586X105<br>LEI: 2138007FOINJKAM7L537 | Long             | EC               | CORP              | GB        |    311509 | NS      | $363005.30    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Reach PLC                                             | Reach PLC                                        | CUSIP: G7464Q109<br>LEI: 213800GNI5XF3XOATR61 | Long             | EC               | CORP              | GB        |    249483 | NS      | $250660.98    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIM Integrated Shipping Services Ltd                  | ZIM Integrated Shipping Services Ltd.            | CUSIP: M9T951109<br>LEI: 21380089EIJRELKAIL21 | Long             | EC               | CORP              | IL        |     19200 | NS      | $308928.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Chugoku Marine Paints Ltd                             | Chugoku Marine Paints Ltd                        | CUSIP: J07182116<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     18800 | NS      | $352764.71    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Vetropack Holding SA                                  | Vetropack Holding AG                             | CUSIP: H91266264<br>LEI: 894500HGD08C8B6GS128 | Long             | EC               | CORP              | CH        |      3827 | NS      | $154276.00    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutz AG                                              | DEUTZ AG                                         | CUSIP: D39176108<br>LEI: 5299005DETTV58V2PP63 | Long             | EC               | CORP              | DE        |      6549 | NS      | $59035.16     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitchells & Butlers PLC                               | Mitchells & Butlers plc                          | CUSIP: G61614122<br>LEI: 213800JHYNDNB1NS2W10 | Long             | EC               | CORP              | GB        |     41193 | NS      | $162085.99    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Raito Kogyo Co Ltd                                    | RAITO KOGYO CO., LTD                             | CUSIP: J64253107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13000 | NS      | $258048.17    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaga Electronics Co Ltd.                              | Kaga Electronics Co., Ltd.                       | CUSIP: J28922102<br>LEI: 3538005V2HARHWLTPJ42 | Long             | EC               | CORP              | JP        |     15300 | NS      | $290194.92    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| RS Technologies Co Ltd                                | RS Technologies Co. LTD                          | CUSIP: J65609109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     15745 | NS      | $345797.58    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoegh Autoliners ASA                                  | Hoegh Autoliners ASA                             | CUSIP: R3R18C109<br>LEI: 549300D7GNMPKTA4HD46 | Long             | EC               | CORP              | NO        |     33547 | NS      | $297212.75    | 0.35%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Colruyt Group N.V                                     | Etablissements Franz Colruyt N.V.                | CUSIP: B26882231<br>LEI: 5493000O0NZ1BCXO8K39 | Long             | EC               | CORP              | BE        |      1330 | NS      | $57550.73     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ConvaTec Group PLC                                    | ConvaTec Group PLC                               | CUSIP: G23969101<br>LEI: 213800LS272L4FIDOH92 | Long             | EC               | CORP              | IE        |     44244 | NS      | $175242.46    | 0.20%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Centuria Office REIT                                  | Centuria Office REIT                             | CUSIP: Q2227Z107<br>LEI: 984500D9D1RFE9AF4796 | Long             | EC               | CORP              | AU        |    295698 | NS      | $219108.63    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Formula Systems (1985) Ltd.                           | Formula Systems (1985) Ltd.                      | CUSIP: M46518102<br>LEI: 5299007HN634606FI520 | Long             | EC               | CORP              | IL        |      1943 | NS      | $247728.86    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Musashino Bank Ltd.                                   | Musashino Bank Ltd. (The)                        | CUSIP: J46883104<br>LEI: 353800L8RJMVN2OOS612 | Long             | EC               | CORP              | JP        |      4600 | NS      | $104029.11    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrotec Holdings Corp.                               | Ferrotec Holdings Corp                           | CUSIP: J1347N109<br>LEI: 3538005N4KWZD4R07U97 | Long             | EC               | CORP              | JP        |     17100 | NS      | $360689.33    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Carmila SAS                                           | CARMILA                                          | CUSIP: F1387K266<br>LEI: 222100P6D3QKU33LZQ72 | Long             | EC               | CORP              | FR        |     14726 | NS      | $289601.76    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuji Seal International Inc                           | Fuji Seal International, Inc.                    | CUSIP: J15183106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     14500 | NS      | $280129.43    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Starzen Co Ltd                                        | Starzen Co Ltd                                   | CUSIP: J7670K109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     14115 | NS      | $107903.71    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Okamura Corp                                          | Okamura Corporation                              | CUSIP: J60514114<br>LEI: 35380084C4I8EO2QWD96 | Long             | EC               | CORP              | JP        |      9700 | NS      | $149335.78    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Econocom Group                                        | Econocom Group SE                                | CUSIP: B33899178<br>LEI: 5493006G5O9JP185PU76 | Long             | EC               | CORP              | BE        |     29440 | NS      | $67549.02     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Oc Oerlikon Corp AG                                   | OC Oerlikon Corp AG                              | CUSIP: H59187106<br>LEI: 529900I8VLAZR2FJ0M10 | Long             | EC               | CORP              | CH        |     31925 | NS      | $148745.19    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Keller Group PLC                                      | Keller Group PLC                                 | CUSIP: G5222K109<br>LEI: 549300QO4MBL43UHSN10 | Long             | EC               | CORP              | GB        |     36188 | NS      | $727973.45    | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Ramelius Resources Ltd.                               | Ramelius Resources, Ltd.                         | CUSIP: Q7982E108<br>LEI: 254900E44AIGW7KKNR98 | Long             | EC               | CORP              | AU        |    268151 | NS      | $451536.53    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Tadano Ltd                                            | Tadano Ltd.                                      | CUSIP: J79002101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     42504 | NS      | $282856.47    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Shinyaku Co                                    | Nippon Shinyaku Co., Ltd.                        | CUSIP: J55784102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13700 | NS      | $298926.27    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Sigma Healthcare Ltd.                                 | Sigma Healthcare Ltd.                            | CUSIP: Q8T84B108<br>LEI: 529900BZSP3BK7GYAO50 | Long             | EC               | CORP              | AU        |     20039 | NS      | $39442.98     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Betsson AB (publ)                                     | Betsson A.B.                                     | CUSIP: W1556V193<br>LEI: 549300W61XW8OFGBG077 | Long             | EC               | CORP              | SE        |     44829 | NS      | $949235.26    | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanadevia Corp.                                       | Kanadevia Corporation                            | CUSIP: J20790101<br>LEI: 5493006MPD0OCAMCE046 | Long             | EC               | CORP              | JP        |     38496 | NS      | $260057.74    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Lancashire Holdings Limited                           | LANCASHIRE HOLDINGS LTD                          | CUSIP: G5361W104<br>LEI: 5493002UNUYXLHOWF752 | Long             | EC               | CORP              | GB        |     48688 | NS      | $384259.36    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Westgold Resources Ltd.                               | Westgold Resources Limited                       | CUSIP: Q97159232<br>LEI: 2549003AMX9BL7CKBQ74 | Long             | EC               | CORP              | AU        |     84182 | NS      | $161065.53    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker ASA                                              | Aker ASA                                         | CUSIP: R0114P108<br>LEI: 5967007LIEEXZXJ10071 | Long             | EC               | CORP              | NO        |      2741 | NS      | $178374.69    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Proximus S.A                                          | Proximus SA                                      | CUSIP: B6951K109<br>LEI: 549300CWRXC5EP004533 | Long             | EC               | CORP              | BE        |     67281 | NS      | $656247.54    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Hugo Boss AG                                          | Hugo Boss AG                                     | CUSIP: D34902102<br>LEI: 529900LFVU534EBRXD13 | Long             | EC               | CORP              | DE        |      1133 | NS      | $52495.58     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| The Navigator Company SA                              | The Navigator Co SA                              | CUSIP: X67182109<br>LEI: 549300UNIB7M2AXUXS35 | Long             | EC               | CORP              | PT        |     76809 | NS      | $288563.27    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| G8 Education Ltd.                                     | G8 Education Ltd.                                | CUSIP: Q3973C110<br>LEI: 5299008FNTQ0LDQ3UZ44 | Long             | EC               | CORP              | AU        |    506990 | NS      | $393982.35    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyu Fudosan Holdings Corp.                          | TOKYU FUDOSAN HOLDINGS CORP.                     | CUSIP: J88764105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     71100 | NS      | $508008.49    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Dicker Data Ltd                                       | Dicker Data, Ltd.                                | CUSIP: Q318AK102<br>LEI: 549300Z9AR1B5G2UQJ37 | Long             | EC               | CORP              | AU        |     46792 | NS      | $248894.05    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Sydbank AS                                            | Sydbank A/S                                      | CUSIP: K9419V113<br>LEI: GP5DT10VX1QRQUKVBK64 | Long             | EC               | CORP              | DK        |      9440 | NS      | $700215.69    | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Gestamp Automocion S A                                | Gestamp Automocion, S.A.,                        | CUSIP: E5R71W108<br>LEI: 95980020140005484363 | Long             | EC               | CORP              | ES        |     50772 | NS      | $175357.16    | 0.20%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Aroundtown SA                                         | AROUNDTOWN SA                                    | CUSIP: L0269F109<br>LEI: 529900H4DWG3KWMBMQ39 | Long             | EC               | CORP              | LU        |     29475 | NS      | $108424.50    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Rank Group PLC                                        | Rank Group plc                                   | CUSIP: G7377H121<br>LEI: 213800TXKD6XZWOFTE12 | Long             | EC               | CORP              | GB        |     91094 | NS      | $166293.81    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SKY Perfect JSAT Holdings Inc.                        | SKY Perfect JSAT Holdings Inc                    | CUSIP: J75606103<br>LEI: 5299009SAF34W9TVEF26 | Long             | EC               | CORP              | JP        |     21800 | NS      | $218388.16    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyokuto Kaihatsu Kogyo Co Ltd                         | Kyokuto Kaihatsu Kogyo Co.,Ltd.                  | CUSIP: J3775L100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     19000 | NS      | $352843.77    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Electric Power Development Co Ltd.                    | ELECTRIC POWER DEVELOPMENT                       | CUSIP: J12915104<br>LEI: 549300KMHPUAQI8VEH90 | Long             | EC               | CORP              | JP        |     23600 | NS      | $402610.70    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Carnival PLC                                          | CARNIVAL PLC                                     | CUSIP: G19081101<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | EC               | CORP              | GB        |     10345 | NS      | $262705.06    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| IPH Ltd.                                              | IPH Ltd.                                         | CUSIP: Q496B9100<br>LEI: 529900KRTADQ17ANK140 | Long             | EC               | CORP              | AU        |    109273 | NS      | $329227.09    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Schaeffler AG                                         | Schaeffler A.G.                                  | CUSIP: D6T0B6155<br>LEI: 549300Q7E782X7GC1P43 | Long             | EC               | CORP              | DE        |     16823 | NS      | $92008.52     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Konoike Transport Co Ltd.                             | Konoike Transport Co Ltd                         | CUSIP: J3S43H105<br>LEI: 3538004PLQ2IF2DMNC61 | Long             | EC               | CORP              | JP        |     20000 | NS      | $408329.13    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Esso(Francaise)                                       | Esso S.A. Francaise                              | CUSIP: F31710100<br>LEI: 969500NI2T909ECQHX32 | Long             | EC               | CORP              | FR        |      1170 | NS      | $207103.93    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Beach Energy Ltd.                                     | Beach Energy Ltd                                 | CUSIP: Q13921103<br>LEI: 8Q9PJD25OKTQT5FHUF40 | Long             | EC               | CORP              | AU        |     46968 | NS      | $40750.82     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mapletree Pan Asia Commercial Trust                   | Mapletree Pan Asia Commercial Trust              | CUSIP: Y5759T101<br>LEI: 549300BF18K4IC5LZ208 | Long             | EC               | CORP              | SG        |     79800 | NS      | $79200.72     | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Marks & Spencer Group PLC                             | Marks & Spencer Group plc                        | CUSIP: G5824M107<br>LEI: 213800EJP14A79ZG1X44 | Long             | EC               | CORP              | US        |      8481 | NS      | $41274.84     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Barco NV                                              | Barco N.V.                                       | CUSIP: B0833G105<br>LEI: 549300N17QCD827TII61 | Long             | EC               | CORP              | BE        |      5205 | NS      | $76268.40     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Perenti Ltd.                                          | Perenti Global Limited                           | CUSIP: Q73992101<br>LEI: 25490044GUNE4S2E6K11 | Long             | EC               | CORP              | AU        |    481507 | NS      | $514345.75    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Tsumura & Co                                          | TSUMURA & CO.                                    | CUSIP: J93407120<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     15000 | NS      | $361970.99    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Berkeley Group Holdings PLC                           | Berkeley Group Holdings plc                      | CUSIP: G1191G153<br>LEI: 2138009OQSSLVVHQAL78 | Long             | EC               | CORP              | GB        |       913 | NS      | $48372.45     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Norion Bank AB                                        | Collector Bank A.B.                              | CUSIP: W2R057101<br>LEI: 529900AGWAKUTYNETM62 | Long             | EC               | CORP              | SE        |     49366 | NS      | $265445.28    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Financial Partners Group Co Ltd.                      | Financial Products Group Co.,Ltd.                | CUSIP: J14302103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6800 | NS      | $112685.55    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Investec PLC                                          | Investec plc                                     | CUSIP: G49188116<br>LEI: 2138007Z3U5GWDN3MY22 | Long             | EC               | CORP              | GB        |      9853 | NS      | $73705.46     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Prime US REIT                                         | Prime US REIT                                    | CUSIP: Y475LA101<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    866910 | NS      | $139566.44    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| The Nanto Bank, Ltd.                                  | Nanto Bank Ltd/The                               | CUSIP: J48517106<br>LEI: 353800923E4YW3IDES52 | Long             | EC               | CORP              | JP        |      3800 | NS      | $108102.31    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| B&M European Value Retail SA                          | B & M European Value Retail SA                   | CUSIP: L1175H106<br>LEI: 213800UK7ZRLY2K1X530 | Long             | EC               | CORP              | GB        |     11394 | NS      | $42433.51     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Yodogawa Steel Works                                  | Yodogawa Steel Works Ltd                         | CUSIP: J97140115<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     37500 | NS      | $297751.98    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Tecnicas Reunidas SA                                  | Tecnicas Reunidas S.A.                           | CUSIP: E9055J108<br>LEI: 213800JEZBUPZKWJGF49 | Long             | EC               | CORP              | ES        |      2210 | NS      | $51033.53     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| G City Ltd                                            | Gazit-Globe Ltd                                  | CUSIP: M4793C102<br>LEI: 213800EO12XXGZSQ2A73 | Long             | EC               | CORP              | IL        |     80537 | NS      | $319299.16    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Contact Energy Ltd                                    | Contact Energy Limited                           | CUSIP: Q2818G104<br>LEI: 549300FT5JOXS1PZ1I32 | Long             | EC               | CORP              | NZ        |     27982 | NS      | $153575.18    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Wakita & Co                                           | Wakita & Co., Ltd.                               | CUSIP: J94852100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     18800 | NS      | $220118.79    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Porr AG                                               | Porr AG                                          | CUSIP: A63700115<br>LEI: 529900ARBU9SBJFNX419 | Long             | EC               | CORP              | AT        |      8890 | NS      | $296678.65    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| G-Tekt Corp.                                          | G-Tekt Corp                                      | CUSIP: J32653107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     22211 | NS      | $272521.29    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Life Corporation                                      | Life Corporation                                 | CUSIP: J38828109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     48010 | NS      | $736243.33    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Sagax AB                                              | AB Sagax                                         | CUSIP: W7519A226<br>LEI: 549300LJX28T6OM8DT95 | Long             | EC               | CORP              | SE        |    151342 | NS      | $536529.75    | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| J-Oil Mills Inc                                       | J-Oil Mills Inc                                  | CUSIP: J2838H106<br>LEI: 353800RFBICAX3MSBI46 | Long             | EC               | CORP              | JP        |     14106 | NS      | $191905.71    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Odfjell SE                                            | Odfjell S.E.                                     | CUSIP: R64958110<br>LEI: 529900J8VSH14TP5VD23 | Long             | EC               | CORP              | NO        |      8373 | NS      | $89809.77     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Pepper Money Limited                                  | Pepper Money Ltd./Australia                      | CUSIP: Q7389W107<br>LEI: 549300YIM8RX3KHGIU35 | Long             | EC               | CORP              | AU        |     47161 | NS      | $55945.20     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Drax Group PLC                                        | Drax Group plc                                   | CUSIP: G2904K127<br>LEI: 549300YPSNTXR4ZHSR98 | Long             | EC               | CORP              | GB        |     43399 | NS      | $413604.93    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippn Corporation                                     | Nippn Corporation                                | CUSIP: J5179A101<br>LEI: 353800V7HRZ1HQGJCW63 | Long             | EC               | CORP              | JP        |      6200 | NS      | $91633.58     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| NGK Insulators Ltd                                    | NGK Insulators Ltd.                              | CUSIP: J49076110<br>LEI: 353800701BNCL25VYY16 | Long             | EC               | CORP              | JP        |     38000 | NS      | $476878.15    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosegur Cash SA                                      | Prosegur Cash, S.A. 19                           | CUSIP: E8S56X108<br>LEI: 9598005HY5DEFPU2SM35 | Long             | EC               | CORP              | ES        |    108014 | NS      | $103815.57    | 0.12%             |  |  |  | Yes           |                  1 | On Loan: No      |
| The Nisshin OilliO Group Ltd.                         | Nisshin Oillio Group (The), Ltd.                 | CUSIP: J57719122<br>LEI: 549300DMFXTY70ZEGQ59 | Long             | EC               | CORP              | JP        |      8400 | NS      | $284615.05    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftwareONE Holding AG                                | Softwareone Holding AG                           | CUSIP: H5682F102<br>LEI: 529900GBI88JKWXLGI05 | Long             | EC               | CORP              | CH        |     55136 | NS      | $550552.48    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Kandenko Co Ltd                                       | KANDENKO CO., LTD.                               | CUSIP: J29653102<br>LEI: 35380080NSN7GCYZ3X14 | Long             | EC               | CORP              | JP        |      2000 | NS      | $46154.21     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** SBH International Small Cap Fund

**Signature:** Daniel D. Bauer

**Name of Signer:** Daniel D. Bauer

**Title:** Assistant Treasurer