# EDGAR Filing Document

**Accession Number:** 0001511699
**File Stem:** 0000894189-26-004504
**Filing Date:** 2026-2
**Character Count:** 49416
**Document Hash:** 4e7e0d10c6bfae2b10adc04ddd435664
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-004504.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0000894189-26-004504

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Managed Portfolio Series
- **CENTRAL INDEX KEY:** 0001511699

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22525
- **FILM NUMBER:** 26671401

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

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

## Series and Classes Contracts Data

### Leuthold Select Industries ETF (Series ID: S000083374)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000246977 | Leuthold Select Industries ETF | LST             |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Leuthold Select Industries ETF** | **Leuthold Select Industries ETF** | **Leuthold Select Industries ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **December 31, 2025 (Unaudited)** | **December 31, 2025 (Unaudited)** | **December 31, 2025 (Unaudited)** |
| **COMMON STOCKS - 99.6%** | **Shares** | **Value**  |
| **Air Freight & Logistics - 5.4%** | **Air Freight & Logistics - 5.4%** | |
| CH Robinson Worldwide, Inc. | 2496 | $401257 |
| Expeditors International of Washington, Inc. | 2683 | 399794 |
| FedEx Corp. | 2926 | 845204 |
| GXO Logistics, Inc. <sup>(a)</sup> | 5031 | 264832 |
| Hub Group, Inc. - Class A - Class A | 6098 | 259836 |
| United Parcel Service, Inc. - Class B | 8261 | 819408 |
|  |  | 2990331 |
| **Automobile Components - 6.0%** | **Automobile Components - 6.0%** |  |
| Aptiv PLC <sup>(a)</sup> | 6713 | 510792 |
| Autoliv, Inc. | 4312 | 511834 |
| Garrett Motion, Inc. | 29597 | 515876 |
| Goodyear Tire & Rubber Co. <sup>(a)</sup> | 47570 | 416713 |
| Lear Corp. | 3847 | 440866 |
| Magna International, Inc. | 11700 | 623610 |
| Visteon Corp. | 3236 | 307744 |
|  |  | 3327435 |
| **Banks - 8.3%** | **Banks - 8.3%** |  |
| Bank of America Corp. | 13622 | 749210 |
| Barclays PLC - ADR | 25552 | 650298 |
| Canadian Imperial Bank of Commerce | 6869 | 622400 |
| Citigroup, Inc. | 7079 | 826049 |
| JPMorgan Chase & Co. | 2687 | 865805 |
| PNC Financial Services Group, Inc. | 2101 | 438542 |
| US Bancorp | 8315 | 443688 |
|  |  | 4595992 |
| **Biotechnology - 6.2%** | **Biotechnology - 6.2%** |  |
| Amgen, Inc. | 1813 | 593413 |
| Biogen, Inc. <sup>(a)</sup> | 2730 | 480453 |
| Gilead Sciences, Inc. | 4770 | 585470 |
| Regeneron Pharmaceuticals, Inc. | 923 | 712436 |
| United Therapeutics Corp. <sup>(a)</sup> | 893 | 435114 |
| Vertex Pharmaceuticals, Inc. <sup>(a)</sup> | 1349 | 611583 |
|  |  | 3418469 |
| **Capital Markets - 6.9%** | **Capital Markets - 6.9%** |  |
| Deutsche Bank AG | 20164 | 777524 |
| Goldman Sachs Group, Inc. | 1411 | 1240269 |
| Lazard, Inc. | 4906 | 238235 |
| Morgan Stanley | 5507 | 977658 |
| Raymond James Financial, Inc. | 2077 | 333545 |
| StoneX Group, Inc. <sup>(a)</sup> | 2858 | 271882 |
|  |  | 3839113 |
| **Communications Equipment - 5.5%** | **Communications Equipment - 5.5%** |  |
| Cisco Systems, Inc. | 12909 | 994380 |
| Digi International, Inc. <sup>(a)</sup> | 4260 | 184416 |
| F5, Inc. <sup>(a)</sup> | 2015 | 514349 |
| NETGEAR, Inc. <sup>(a)</sup> | 13064 | 320460 |
| NetScout Systems, Inc. <sup>(a)</sup> | 14435 | 390611 |
| Telefonaktiebolaget LM Ericsson - ADR | 69016 | 666004 |
|  |  | 3070220 |
| **Construction & Engineering - 4.9%** | **Construction & Engineering - 4.9%** |  |
| AECOM | 3192 | 304293 |
| Dycom Industries, Inc. <sup>(a)</sup> | 1675 | 565983 |
| EMCOR Group, Inc. | 789 | 482702 |
| Granite Construction, Inc. | 3618 | 417336 |
| Primoris Services Corp. | 4674 | 580231 |
| Valmont Industries, Inc. | 922 | 370939 |
|  |  | 2721484 |
| **Construction Materials - 0.8%** | **Construction Materials - 0.8%** |  |
| CRH PLC | 3712 | 463258 |
| **Consumer Finance - 0.6%** | **Consumer Finance - 0.6%** |  |
| Bread Financial Holdings, Inc. | 4512 | 334023 |
| **Diversified Consumer Services - 4.1%** | **Diversified Consumer Services - 4.1%** |  |
| Adtalem Global Education, Inc. <sup>(a)</sup> | 3933 | 406948 |
| Graham Holdings Co. - Class B | 234 | 257073 |
| Laureate Education, Inc. <sup>(a)</sup> | 17117 | 576329 |
| Pearson PLC - ADR | 22705 | 318778 |
| Perdoceo Education Corp. | 13064 | 383167 |
| Universal Technical Institute, Inc. <sup>(a)</sup> | 11901 | 310973 |
|  |  | 2253268 |
| **Electronic Equipment, Instruments & Components - 7.6%** | **Electronic Equipment, Instruments & Components - 7.6%** |  |
| Benchmark Electronics, Inc. | 5205 | 222566 |
| CTS Corp. | 4660 | 199774 |
| Flex, Ltd. <sup>(a)</sup> | 17260 | 1042849 |
| Jabil, Inc. | 5219 | 1190037 |
| Plexus Corp. <sup>(a)</sup> | 2217 | 325899 |
| Sanmina Corp. <sup>(a)</sup> | 3191 | 478873 |
| TE Connectivity PLC | 3381 | 769211 |
|  |  | 4229209 |
| **Energy Equipment & Services - 1.3%** | **Energy Equipment & Services - 1.3%** |  |
| Oceaneering International, Inc. <sup>(a)</sup> | 11464 | 275480 |
| SLB Ltd. | 11211 | 430278 |
|  |  | 705758 |
| **Financial Services - 2.5%** | **Financial Services - 2.5%** |  |
| Mastercard, Inc. - Class A | 1307 | 746140 |
| Visa, Inc. - Class A | 1741 | 610586 |
|  |  | 1356726 |
| **Ground Transportation - 0.8%** | **Ground Transportation - 0.8%** |  |
| Uber Technologies, Inc. <sup>(a)</sup> | 5397 | 440989 |
| **Health Care Providers & Services - 12.2%** | **Health Care Providers & Services - 12.2%** |  |
| Cardinal Health, Inc. | 5318 | 1092849 |
| Cencora, Inc. | 2602 | 878826 |
| CVS Health Corp. | 3666 | 290934 |
| Elevance Health, Inc. | 1534 | 537744 |
| Encompass Health Corp. | 2612 | 277238 |
| HCA Healthcare, Inc. | 1354 | 632128 |
| Humana, Inc. | 1024 | 262277 |
| McKesson Corp. | 1346 | 1104110 |
| Molina Healthcare, Inc. <sup>(a)</sup> | 1644 | 285300 |
| Tenet Healthcare Corp. <sup>(a)</sup> | 2509 | 498588 |
| UnitedHealth Group, Inc. | 1616 | 533458 |
| Universal Health Services, Inc. - Class B | 1568 | 341855 |
|  |  | 6735307 |
| **Insurance - 4.0%** | **Insurance - 4.0%** |  |
| Allstate Corp. | 1665 | 346570 |
| Assurant, Inc. | 1460 | 351641 |
| Hanover Insurance Group, Inc. | 1188 | 217131 |
| Hartford Insurance Group, Inc. | 2826 | 389423 |
| Markel Group, Inc. <sup>(a)</sup> | 138 | 296651 |
| Travelers Cos., Inc. | 1384 | 401443 |
| White Mountains Insurance Group Ltd. | 91 | 189101 |
|  |  | 2191960 |
| **Interactive Media & Services - 4.2%** | **Interactive Media & Services - 4.2%** |  |
| Alphabet, Inc. - Class A | 3987 | 1247931 |
| Meta Platforms, Inc. - Class A | 1669 | 1101690 |
|  |  | 2349621 |
| **Metals & Mining - 7.3%** | **Metals & Mining - 7.3%** |  |
| Agnico Eagle Mines, Ltd. | 2658 | 450611 |
| Eldorado Gold Corp. <sup>(a)</sup> | 12445 | 447024 |
| Equinox Gold Corp. <sup>(a)</sup> | 26225 | 368199 |
| Hudbay Minerals, Inc. | 11283 | 223968 |
| IAMGOLD Corp. <sup>(a)</sup> | 49452 | 815463 |
| Kinross Gold Corp. | 38874 | 1094692 |
| Pan American Silver Corp. | 5833 | 302208 |
| Rio Tinto PLC - ADR | 4208 | 336766 |
|  |  | 4038931 |
| **Pharmaceuticals - 4.1%** | **Pharmaceuticals - 4.1%** |  |
| Bristol-Myers Squibb Co. | 8587 | 463183 |
| GSK PLC - ADR | 8531 | 418360 |
| Johnson & Johnson | 2692 | 557109 |
| Merck & Co., Inc. | 4188 | 440829 |
| Sanofi SA - ADR | 7977 | 386566 |
|  |  | 2266047 |
| **Professional Services - 3.1%** | **Professional Services - 3.1%** |  |
| Concentrix Corp. | 7603 | 316133 |
| CSG Systems International, Inc. | 5915 | 453621 |
| Maximus, Inc. | 5172 | 446447 |
| SS&C Technologies Holdings, Inc. | 5824 | 509134 |
|  |  | 1725335 |
| **Software - 2.9%** | **Software - 2.9%** |  |
| Microsoft Corp. | 3273 | 1582888 |
| **Specialty Retail - 0.9%** | **Specialty Retail - 0.9%** |  |
| Gap, Inc. | 9779 | 250342 |
| Urban Outfitters, Inc. <sup>(a)</sup> | 3237 | 243617 |
|  |  | 493959 |
| **TOTAL COMMON STOCKS** (Cost $46,494,488) | **TOTAL COMMON STOCKS** (Cost $46,494,488) | 55130323 |
| **TOTAL INVESTMENTS - 99.6% (**Cost $46,494,488**)** | **TOTAL INVESTMENTS - 99.6% (**Cost $46,494,488**)** | 55130323 |
| Money Market Deposit Account - 0.5% <sup>(b)</sup> | Money Market Deposit Account - 0.5% <sup>(b)</sup> | 266328 |
| Liabilities in Excess of Other Assets - (0.1)% | Liabilities in Excess of Other Assets - (0.1)% | (35525) |
| **TOTAL NET ASSETS - 100.0%** |  | $55361126 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

ADR - American Depositary Receipt <br> AG - Aktiengesellschaft <br> PLC - Public Limited Company

(a) Non-income producing security.

(b) The U.S. Bank Money Market Deposit Account (the "MMDA") is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and
 is subject to change daily. The rate as of December 31, 2025 was 3.45%.

------

#### Summary of Fair Value Disclosure as of December 31, 2025 (Unaudited)
Leuthold Select Industries ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

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

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

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

The following is a summary of the fair valuation hierarchy of the Fund's securities as of December 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $55130323 | $– | $– | $55130323 |
| Total Investments | $55130323 | $– | $– | $55130323 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Managed Portfolio Series

- **b. Investment Company Act file number:** 811-22525

- **c. CIK number of Registrant:** 0001511699

- **d. LEI of Registrant:** 254900SQ3GG01NP4WM65

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

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

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1712

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

- **a. Name of Series:** Leuthold Select Industries ETF

- **b. EDGAR series identifier (if any):** S000083374

- **c. LEI of Series:** 529900MV2XLI93L2HK75

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $55429467.10

**Total Liabilities:** $68339.68

**Net Assets:** $55361127.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246977 | -1.07%               | 2.16%                | 0.87%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $47437.34                | $-571558.72                                |
| Month 2  | $-423261.64              | $1473392.02                                |
| Month 3  | $-58731.70               | $445960.86                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AECOM                          | AECOM                                      | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |      3192 | NS      | $304293.36    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc  | CSG Systems International Inc              | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |      5915 | NS      | $453621.35    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc           | Dycom Industries Inc                       | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      1675 | NS      | $565982.50    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The    | Goldman Sachs Group Inc/The                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1411 | NS      | $1240269.00   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodyear Tire & Rubber Co/The  | Goodyear Tire & Rubber Co/The              | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |     47570 | NS      | $416713.20    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group Inc/Th | Hanover Insurance Group Inc/The            | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      1188 | NS      | $217130.76    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp              | Kinross Gold Corp                          | CUSIP: 496902404<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | CA        |     38874 | NS      | $1094691.84   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                              | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      1346 | NS      | $1104110.34   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| NetScout Systems Inc           | NetScout Systems Inc                       | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |     14435 | NS      | $390611.10    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                   | Barclays PLC                               | CUSIP: 06738E204<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |     25552 | NS      | $650298.40    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ericsson                       | Telefonaktiebolaget LM Ericsson            | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |     69016 | NS      | $666004.40    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Wa | Expeditors International of Washington Inc | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      2683 | NS      | $399793.83    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      2687 | NS      | $865805.14    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc    | Raymond James Financial Inc                | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      2077 | NS      | $333545.43    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters Inc           | Urban Outfitters Inc                       | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |      3237 | NS      | $243616.62    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd         | Agnico Eagle Mines Ltd                     | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |      2658 | NS      | $450610.74    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp                    | Plexus Corp                                | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |      2217 | NS      | $325899.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC            | TE Connectivity PLC                        | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |      3381 | NS      | $769211.31    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                    | Cencora Inc                                | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      2602 | NS      | $878825.50    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics Inc      | Benchmark Electronics Inc                  | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |      5205 | NS      | $222565.80    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc            | Cardinal Health Inc                        | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      5318 | NS      | $1092849.00   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank AG               | Deutsche Bank AG                           | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |     20164 | NS      | $777523.84    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CIBC                           | Canadian Imperial Bank of Commerce         | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |      6869 | NS      | $622400.09    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                  | Citigroup Inc                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      7079 | NS      | $826048.51    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc         | Digi International Inc                     | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |      4260 | NS      | $184415.40    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                        | CRH PLC                                    | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |      3712 | NS      | $463257.60    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc                   | Assurant Inc                               | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |      1460 | NS      | $351641.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                     | Biogen Inc                                 | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      2730 | NS      | $480452.70    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                         | F5 Inc                                     | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      2015 | NS      | $514348.90    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Garrett Motion Inc             | Garrett Motion Inc                         | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | CH        |     29597 | NS      | $515875.71    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| 22662X100                      | HCA Healthcare Inc                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      1354 | NS      | $632128.44    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp                      | Lear Corp                                  | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |      3847 | NS      | $440866.20    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc               | Markel Group Inc                           | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |       138 | NS      | $296651.70    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Pearson PLC                    | Pearson PLC                                | CUSIP: 705015105<br>LEI: 2138004JBXWWJKIURC57 | Long             | EC               | CORP              | GB        |     22705 | NS      | $318778.20    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Visteon Corp                   | Visteon Corp                               | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |      3236 | NS      | $307743.60    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Autoliv Inc                    | Autoliv Inc                                | CUSIP: 052800109<br>LEI: A23RUXWKASG834LTMK28 | Long             | EC               | CORP              | SE        |      4312 | NS      | $511834.40    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Inc                     | Lazard Inc                                 | CUSIP: 52110M109<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | US        |      4906 | NS      | $238235.36    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc        | Magna International Inc                    | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |     11700 | NS      | $623610.00    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| 25243Q205                      | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      3987 | NS      | $1247931.00   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp           | Bank of America Corp                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     13622 | NS      | $749210.00    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinox Gold Corp              | Equinox Gold Corp                          | CUSIP: 29446Y502<br>LEI: 5493005IN4V1SNP9PN75 | Long             | EC               | CORP              | CA        |     26225 | NS      | $368199.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc                        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      4770 | NS      | $585469.80    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T | Hartford Insurance Group Inc/The           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      2826 | NS      | $389422.80    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| 369550108                      | Johnson & Johnson                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      2692 | NS      | $557109.40    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Perdoceo Education Corp        | Perdoceo Education Corp                    | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |     13064 | NS      | $383167.12    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANK MMDA - USBGFS 9        | US BANK MMDA - USBGFS 9                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |    266328 | NS      | $266328.34    | 0.48%             | 2037-09-01      | Variable      | 4.54%                 | No            |                  1 | On Loan: No      |
| US Bancorp                     | US Bancorp                                 | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      8315 | NS      | $443688.40    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc      | United Parcel Service Inc                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      8261 | NS      | $819408.59    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc  | Universal Health Services Inc              | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |      1568 | NS      | $341855.36    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Grou | White Mountains Insurance Group Ltd        | CUSIP: N/A<br>LEI: 549300N3FL068JERBG02       | Long             | EC               | CORP              | US        |        91 | NS      | $189100.73    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The              | Allstate Corp/The                          | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      1665 | NS      | $346569.75    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Eldorado Gold Corp             | Eldorado Gold Corp                         | CUSIP: 284902509<br>LEI: 5493004PWQ01YDD1IH62 | Long             | EC               | CORP              | CA        |     12445 | NS      | $447024.40    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO Logistics Inc              | GXO Logistics Inc                          | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |      5031 | NS      | $264831.84    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Holdings Co             | Graham Holdings Co                         | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |       234 | NS      | $257072.40    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudbay Minerals Inc            | Hudbay Minerals Inc                        | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |     11283 | NS      | $223967.55    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| IAMGOLD Corp                   | IAMGOLD Corp                               | CUSIP: 450913108<br>LEI: 254900E7II30XAB9LA72 | Long             | EC               | CORP              | CA        |     49452 | NS      | $815463.48    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                      | Jabil Inc                                  | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      5219 | NS      | $1190036.38   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Laureate Education Inc         | Laureate Education Inc                     | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |     17117 | NS      | $576329.39    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1307 | NS      | $746140.16    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| 771195104                      | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      3273 | NS      | $1582888.26   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| NETGEAR Inc                    | NETGEAR Inc                                | CUSIP: 64111Q104<br>LEI: 54930067KX3UNRHDWA78 | Long             | EC               | CORP              | US        |     13064 | NS      | $320459.92    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Oceaneering International Inc  | Oceaneering International Inc              | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |     11464 | NS      | $275479.92    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group I | PNC Financial Services Group Inc/The       | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |      2101 | NS      | $438541.73    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp         | Primoris Services Corp                     | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |      4674 | NS      | $580230.36    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc  | Regeneron Pharmaceuticals Inc              | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       923 | NS      | $712436.01    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc | SS&C Technologies Holdings Inc             | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |      5824 | NS      | $509134.08    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                   | Sanmina Corp                               | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |      3191 | NS      | $478873.37    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                      | Sanofi SA                                  | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |      7977 | NS      | $386565.42    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                        | SLB Ltd                                    | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     11211 | NS      | $430278.18    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc               | StoneX Group Inc                           | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |      2858 | NS      | $271881.54    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc     | Vertex Pharmaceuticals Inc                 | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      1349 | NS      | $611582.64    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| G5960L103                      | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1741 | NS      | $610586.11    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                      | Aptiv PLC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      6713 | NS      | $510792.17    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1669 | NS      | $1101690.21   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      4188 | NS      | $440828.88    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                 | Morgan Stanley                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      5507 | NS      | $977657.71    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp       | Pan American Silver Corp                   | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |      5833 | NS      | $302207.73    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | Uber Technologies Inc                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      5397 | NS      | $440988.87    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co        | Bristol-Myers Squibb Co                    | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      8587 | NS      | $463182.78    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| 855244109                      | CH Robinson Worldwide Inc                  | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      2496 | NS      | $401256.96    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     12909 | NS      | $994380.27    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp                | Concentrix Corp                            | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |      7603 | NS      | $316132.74    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                | EMCOR Group Inc                            | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |       789 | NS      | $482702.31    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                     | FedEx Corp                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      2926 | NS      | $845204.36    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                        | GSK PLC                                    | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |      8531 | NS      | $418360.24    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Hub Group Inc                  | Hub Group Inc                              | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6098 | NS      | $259835.78    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare Inc          | Molina Healthcare Inc                      | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |      1644 | NS      | $285299.76    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The          | Travelers Cos Inc/The                      | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      1384 | NS      | $401443.04    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp       | United Therapeutics Corp                   | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |       893 | NS      | $435114.25    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1616 | NS      | $533457.76    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings Inc   | Bread Financial Holdings Inc               | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |      4512 | NS      | $334023.36    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Corp                       | CTS Corp                                   | CUSIP: 126501105<br>LEI: 549300YV1HQLBVHOI649 | Long             | EC               | CORP              | US        |      4660 | NS      | $199774.20    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                | CVS Health Corp                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      3666 | NS      | $290933.76    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp          | Encompass Health Corp                      | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      2612 | NS      | $277237.68    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education Inc   | Adtalem Global Education Inc               | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |      3933 | NS      | $406947.51    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                      | Amgen Inc                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      1813 | NS      | $593413.03    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| 553530106                      | Elevance Health Inc                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      1534 | NS      | $537743.70    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap Inc/The                    | Gap Inc/The                                | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |      9779 | NS      | $250342.40    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction Inc       | Granite Construction Inc                   | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |      3618 | NS      | $417336.30    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                     | Humana Inc                                 | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      1024 | NS      | $262277.12    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Maximus Inc                    | Maximus Inc                                | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |      5172 | NS      | $446447.04    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                  | Rio Tinto PLC                              | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |      4208 | NS      | $336766.24    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp          | Tenet Healthcare Corp                      | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      2509 | NS      | $498588.48    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Technical Institute  | Universal Technical Institute Inc          | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |     11901 | NS      | $310973.13    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc         | Valmont Industries Inc                     | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |       922 | NS      | $370939.04    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd                       | Flex Ltd                                   | CUSIP: N/A<br>LEI: 549300EAQH74YHD07T53       | Long             | EC               | CORP              | US        |     17260 | NS      | $1042849.20   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-24

**Name of Applicant:** Managed Portfolio Series

**Signature:** /s/ Benjamin Eirich

**Name of Signer:** Managed Portfolio Series

**Title:** Treasurer