# EDGAR Filing Document

**Accession Number:** 0001141819
**File Stem:** 0001145549-25-049800
**Filing Date:** 2025-7
**Character Count:** 146531
**Document Hash:** 9ac29181720ddaa6f8b54b7a4aa9ae6b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-049800.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001145549-25-049800

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**PERIOD START**: 20250831

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10401
- **FILM NUMBER:** 251164469

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

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

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

## Series and Classes Contracts Data

### ActivePassive U.S. Equity ETF (Series ID: S000075229)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000234091 | ActivePassive U.S. Equity ETF | APUE            |

## Nport-Ex

---

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

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 92.7%** | **Shares** | **Value**  |
| **Automobiles & Components - 1.8%** | **Automobiles & Components - 1.8%** |  |
| General Motors Co. | 64298 | $3189824 |
| Tesla, Inc. <sup>(a)</sup> | 84377 | 29233255 |
|  |  | 32423079 |
| **Banks - 2.7%** | **Banks - 2.7%** |  |
| Bank of America Corp. | 134825 | 5949827 |
| Citigroup, Inc. | 85227 | 6419298 |
| JPMorgan Chase & Co. | 96220 | 25402080 |
| M&T Bank Corp. | 13872 | 2533582 |
| PNC Financial Services Group, Inc. | 6361 | 1105605 |
| Wells Fargo & Co. | 81769 | 6114686 |
|  |  | 47525078 |
| **Capital Goods - 6.6%** | **Capital Goods - 6.6%** |  |
| 3M Co. | 21095 | 3129443 |
| AerCap Holdings NV <sup>(b)</sup> | 65461 | 7575802 |
| Armstrong World Industries, Inc. | 40210 | 6257882 |
| Boeing Co. <sup>(a)</sup> | 13803 | 2861638 |
| Carrier Global Corp. | 21647 | 1541266 |
| Caterpillar, Inc. | 18076 | 6290990 |
| Cummins, Inc. | 35205 | 11317703 |
| Deere & Co. | 6646 | 3364604 |
| Dover Corp. | 23250 | 4132688 |
| Eaton Corp. PLC <sup>(b)</sup> | 9074 | 2905495 |
| Emerson Electric Co. | 17512 | 2090583 |
| GE Vernova, Inc. | 5371 | 2540376 |
| General Dynamics Corp. | 8154 | 2270807 |
| General Electric Co. | 26306 | 6468908 |
| Honeywell International, Inc. | 17974 | 4074167 |
| Howmet Aerospace, Inc. | 11952 | 2030525 |
| Hubbell, Inc. | 656 | 255564 |
| Johnson Controls International PLC | 41514 | 4208274 |
| Lockheed Martin Corp. | 4561 | 2200135 |
| Masco Corp. | 53934 | 3366560 |
| Northrop Grumman Corp. | 617 | 299103 |
| Otis Worldwide Corp. | 12117 | 1155356 |
| PACCAR, Inc. | 14518 | 1362514 |
| Parker-Hannifin Corp. | 9296 | 6179051 |
| Quanta Services, Inc. | 3031 | 1038299 |
| Raytheon Technologies Corp. | 43596 | 5949982 |
| Snap-on, Inc. | 6918 | 2218949 |
| Toro Co. | 41202 | 3122288 |
| Trane Technologies PLC | 13388 | 5760455 |
| Trex Co., Inc. <sup>(a)(b)</sup> | 38734 | 2164069 |
| United Rentals, Inc. | 1583 | 1121366 |
| Vertiv Holdings Co. - Class A | 7730 | 834299 |
| Westinghouse Air Brake Technologies Corp. | 21500 | 4349880 |
| WW Grainger, Inc. | 1851 | 2013074 |
|  |  | 116452095 |
| **Commercial & Professional Services - 2.2%** | **Commercial & Professional Services - 2.2%** |  |
| Amentum Holdings, Inc. <sup>(a)</sup> | 0<sup>(c)</sup> | 5 |
| Automatic Data Processing, Inc. | 10084 | 3282645 |
| Broadridge Financial Solutions, Inc. | 16760 | 4069831 |
| Casella Waste Systems, Inc. - Class A <sup>(a)(b)</sup> | 35574 | 4169629 |
| Cintas Corp. | 21606 | 4893759 |
| Copart, Inc. <sup>(a)</sup> | 22 | 1133 |
| Equifax, Inc. <sup>(b)</sup> | 2695 | 711992 |
| Jacobs Solutions, Inc. | 4 | 505 |
| Leidos Holdings, Inc. | 21292 | 3162288 |
| Paychex, Inc. <sup>(b)</sup> | 46307 | 7312338 |
| Republic Services, Inc. | 18672 | 4804119 |
| SS&C Technologies Holdings, Inc. | 25847 | 2088696 |
| UniFirst Corp. | 12674 | 2389809 |
| Veralto Corp. | 4 | 404 |
| Waste Management, Inc. | 6692 | 1612571 |
|  |  | 38499724 |
| **Consumer Discretionary Distribution & Retail - 5.6%** | **Consumer Discretionary Distribution & Retail - 5.6%** |  |
| Amazon.com, Inc. <sup>(a)</sup> | 301182 | 61745322 |
| Best Buy Co., Inc. | 16587 | 1099386 |
| Burlington Stores, Inc. <sup>(a)</sup> | 2019 | 460877 |
| Carvana Co. <sup>(a)</sup> | 2459 | 804486 |
| eBay, Inc. | 51605 | 3775938 |
| Home Depot, Inc. | 20531 | 7561362 |
| Lowe's Cos., Inc. | 24692 | 5573725 |
| Murphy USA, Inc. | 13069 | 5577719 |
| Ross Stores, Inc. | 17963 | 2516437 |
| TJX Cos., Inc. | 59359 | 7532657 |
| Ulta Beauty, Inc. <sup>(a)</sup> | 2719 | 1281900 |
|  |  | 97929809 |
| **Consumer Durables & Apparel - 0.8%** | **Consumer Durables & Apparel - 0.8%** |  |
| Deckers Outdoor Corp. <sup>(a)</sup> | 31251 | 3297606 |
| DR Horton, Inc. | 15906 | 1877862 |
| Garmin Ltd. | 10333 | 2097289 |
| Lennar Corp. - Class A | 6 | 636 |
| Lennar Corp. - Class B <sup>(b)</sup> | 11624 | 1177511 |
| NIKE, Inc. - Class B | 22 | 1333 |
| PulteGroup, Inc. | 25738 | 2523096 |
| Somnigroup International, Inc. <sup>(b)</sup> | 57259 | 3725271 |
|  |  | 14700604 |
| **Consumer Services - 1.9%** | **Consumer Services - 1.9%** |  |
| Airbnb, Inc. - Class A <sup>(a)</sup> | 6202 | 800058 |
| Booking Holdings, Inc. | 1424 | 7858956 |
| Carnival Corp. <sup>(a)</sup> | 107267 | 2490740 |
| Chipotle Mexican Grill, Inc. <sup>(a)</sup> | 23942 | 1199015 |
| Churchill Downs, Inc. | 48907 | 4669151 |
| Darden Restaurants, Inc. | 7899 | 1692045 |
| DoorDash, Inc. - Class A <sup>(a)</sup> | 12763 | 2663000 |
| Expedia Group, Inc. | 7488 | 1248624 |
| McDonald's Corp. | 13104 | 4112690 |
| Royal Caribbean Cruises Ltd. | 12334 | 3169468 |
| Starbucks Corp. | 16647 | 1397516 |
| Vail Resorts, Inc. <sup>(b)</sup> | 14011 | 2244142 |
|  |  | 33545405 |
| **Consumer Staples Distribution & Retail - 2.2%** | **Consumer Staples Distribution & Retail - 2.2%** |  |
| Costco Wholesale Corp. | 14651 | 15239677 |
| Dollar General Corp. | 4 | 389 |
| Dollar Tree, Inc. <sup>(a)</sup> | 2838 | 256158 |
| Kroger Co. | 53785 | 3669751 |
| Sysco Corp. | 18255 | 1332615 |
| Target Corp. <sup>(b)</sup> | 7641 | 718330 |
| Walmart, Inc. | 174289 | 17205810 |
|  |  | 38422730 |
| **Energy - 2.2%** | **Energy - 2.2%** |  |
| Baker Hughes Co. | 42270 | 1566104 |
| Cheniere Energy, Inc. | 4761 | 1128309 |
| Chevron Corp. | 69431 | 9491218 |
| ConocoPhillips <sup>(b)</sup> | 36241 | 3093169 |
| Coterra Energy, Inc. <sup>(b)</sup> | 6692 | 162683 |
| Devon Energy Corp. | 49386 | 1494420 |
| Diamondback Energy, Inc. | 2566 | 345255 |
| EOG Resources, Inc. | 39144 | 4249864 |
| Exxon Mobil Corp. | 121846 | 12464846 |
| Halliburton Co. | 17038 | 333774 |
| Kinder Morgan, Inc. | 42031 | 1178549 |
| Marathon Petroleum Corp. | 4520 | 726545 |
| Schlumberger NV | 41314 | 1365428 |
| Targa Resources Corp. | 4133 | 652725 |
| Texas Pacific Land Corp. | 606 | 675102 |
| Valero Energy Corp. | 8 | 1032 |
|  |  | 38929023 |
| **Financial Services - 7.7%** | **Financial Services - 7.7%** |  |
| American Express Co. | 12680 | 3728554 |
| Apollo Global Management, Inc. | 7207 | 941883 |
| Bank of New York Mellon Corp. | 116627 | 10334318 |
| Berkshire Hathaway, Inc. - Class B <sup>(a)(b)</sup> | 46372 | 23369633 |
| Blackrock, Inc. | 4420 | 4331114 |
| Blackstone, Inc. | 17572 | 2438291 |
| Block, Inc. <sup>(a)</sup> | 19401 | 1198012 |
| Capital One Financial Corp. | 12618 | 2386695 |
| Coinbase Global, Inc. - Class A <sup>(a)</sup> | 4223 | 1041476 |
| Corebridge Financial, Inc. <sup>(b)</sup> | 8717 | 284261 |
| Credit Acceptance Corp. <sup>(a)(b)</sup> | 9364 | 4469437 |
| Fidelity National Information Services, Inc. | 7198 | 573033 |
| Fiserv, Inc. <sup>(a)(b)</sup> | 19334 | 3147382 |
| Global Payments, Inc. | 6050 | 457441 |
| Goldman Sachs Group, Inc. | 13410 | 8052035 |
| Interactive Brokers Group, Inc. - Class A | 9860 | 2067445 |
| Intercontinental Exchange, Inc. | 16002 | 2877160 |
| Jack Henry & Associates, Inc. | 23930 | 4335398 |
| KKR & Co., Inc. | 14760 | 1792750 |
| Mastercard, Inc. - Class A | 15972 | 9353203 |
| Morgan Stanley | 54505 | 6978275 |
| Nasdaq, Inc. | 20993 | 1753755 |
| Northern Trust Corp. | 37939 | 4049609 |
| PayPal Holdings, Inc. <sup>(a)</sup> | 26697 | 1876265 |
| Raymond James Financial, Inc. | 3829 | 562786 |
| Robinhood Markets, Inc. - Class A <sup>(a)</sup> | 56703 | 3750903 |
| S&P Global, Inc. | 6577 | 3373080 |
| State Street Corp. | 64876 | 6246261 |
| Synchrony Financial <sup>(b)</sup> | 49254 | 2839493 |
| Tradeweb Markets, Inc. - Class A | 10285 | 1485668 |
| Visa, Inc. - Class A | 41280 | 15075043 |
|  |  | 135170659 |
| **Food, Beverage & Tobacco - 2.3%** | **Food, Beverage & Tobacco - 2.3%** |  |
| Altria Group, Inc. | 155134 | 9402672 |
| Archer-Daniels-Midland Co. | 7010 | 338373 |
| Coca-Cola Co. | 55810 | 4023901 |
| General Mills, Inc. | 9201 | 499246 |
| Kraft Heinz Co. | 19883 | 531473 |
| Lamb Weston Holdings, Inc. <sup>(b)</sup> | 58883 | 3284494 |
| Lancaster Colony Corp. | 26660 | 4462884 |
| Mondelez International, Inc. - Class A | 34968 | 2359990 |
| PepsiCo, Inc. | 32584 | 4283167 |
| Philip Morris International, Inc. | 32794 | 5922268 |
| Post Holdings, Inc. <sup>(a)</sup> | 43019 | 4757471 |
| Tyson Foods, Inc. - Class A | 19116 | 1073554 |
|  |  | 40939493 |
| **Health Care Equipment & Services - 4.1%** | **Health Care Equipment & Services - 4.1%** |  |
| Abbott Laboratories | 66170 | 8838989 |
| Becton Dickinson & Co. | 7625 | 1315999 |
| Boston Scientific Corp. <sup>(a)</sup> | 38395 | 4041458 |
| Cardinal Health, Inc. | 32062 | 4951655 |
| Centene Corp. <sup>(a)</sup> | 4 | 226 |
| Cigna Group | 5971 | 1890657 |
| CVS Health Corp. | 44948 | 2878470 |
| Dexcom, Inc. <sup>(a)</sup> | 6907 | 592621 |
| Edwards Lifesciences Corp. <sup>(a)</sup> | 13658 | 1068329 |
| Elevance Health, Inc. | 7537 | 2893002 |
| GE HealthCare Technologies, Inc. <sup>(b)</sup> | 28634 | 2019842 |
| HCA Healthcare, Inc. <sup>(b)</sup> | 11447 | 4365771 |
| Hologic, Inc. <sup>(a)</sup> | 46 | 2860 |
| Humana, Inc. | 1928 | 449475 |
| Intuitive Surgical, Inc. <sup>(a)</sup> | 15226 | 8409929 |
| McKesson Corp. | 5614 | 4039329 |
| Medtronic PLC | 92535 | 7678554 |
| Molina Healthcare, Inc. <sup>(a)</sup> | 1964 | 599098 |
| Quest Diagnostics, Inc. | 13876 | 2405266 |
| ResMed, Inc. <sup>(b)</sup> | 7634 | 1868727 |
| Stryker Corp. | 8345 | 3193131 |
| UnitedHealth Group, Inc. <sup>(b)</sup> | 28830 | 8704065 |
| Zimmer Biomet Holdings, Inc. | 6547 | 603437 |
|  |  | 72810890 |
| **Household & Personal Products - 1.3%** | **Household & Personal Products - 1.3%** |  |
| Colgate-Palmolive Co. | 9612 | 893339 |
| Kenvue, Inc. | 54156 | 1292704 |
| Kimberly-Clark Corp. | 31874 | 4582206 |
| Procter & Gamble Co. | 80152 | 13617023 |
| Reynolds Consumer Products, Inc. | 94573 | 2088172 |
|  |  | 22473444 |
| **Insurance - 2.7%** | **Insurance - 2.7%** |  |
| Aflac, Inc. | 46397 | 4803945 |
| Allstate Corp. | 10800 | 2266596 |
| American International Group, Inc. | 8957 | 758120 |
| Aon PLC - Class A | 3585 | 1333907 |
| Arch Capital Group Ltd. | 11565 | 1099138 |
| Arthur J Gallagher & Co. | 4308 | 1496772 |
| Brown & Brown, Inc. | 5221 | 589451 |
| Chubb Ltd. | 4534 | 1347505 |
| Cincinnati Financial Corp. | 7940 | 1197511 |
| Fidelity National Financial, Inc. | 29901 | 1637678 |
| Hanover Insurance Group, Inc. | 27551 | 4848425 |
| Hartford Insurance Group, Inc. | 28718 | 3728745 |
| Loews Corp. | 12596 | 1124697 |
| Markel Group, Inc. <sup>(a)</sup> | 1422 | 2761097 |
| Marsh & McLennan Cos., Inc. | 8930 | 2086584 |
| Progressive Corp. | 20443 | 5824824 |
| Travelers Cos., Inc. | 11076 | 3053653 |
| W R Berkley Corp. | 6992 | 522232 |
| White Mountains Insurance Group Ltd. | 3626 | 6471685 |
|  |  | 46952565 |
| **Materials - 2.4%** | **Materials - 2.4%** |  |
| Air Products and Chemicals, Inc. | 5190 | 1447543 |
| Axalta Coating Systems Ltd. <sup>(a)</sup> | 123839 | 3814241 |
| Ball Corp. | 17821 | 954849 |
| CF Industries Holdings, Inc. | 12678 | 1150021 |
| Corteva, Inc. | 24586 | 1740689 |
| CRH PLC | 18529 | 1689104 |
| DuPont de Nemours, Inc. | 11201 | 748227 |
| Ecolab, Inc. | 16944 | 4500665 |
| Element Solutions, Inc. | 122871 | 2626982 |
| Freeport-McMoRan, Inc. | 56988 | 2192898 |
| International Paper Co. <sup>(b)</sup> | 29337 | 1402602 |
| Linde PLC | 9946 | 4650551 |
| NewMarket Corp. | 6727 | 4332592 |
| Newmont Corp. <sup>(b)</sup> | 52040 | 2743549 |
| Packaging Corp. of America | 19712 | 3807767 |
| Sherwin-Williams Co. | 6520 | 2339441 |
| Steel Dynamics, Inc. <sup>(b)</sup> | 17486 | 2152002 |
| Vulcan Materials Co. | 1629 | 431799 |
|  |  | 42725522 |
| **Media & Entertainment - 8.0%** | **Media & Entertainment - 8.0%** |  |
| Alphabet, Inc. - Class A | 185877 | 31922516 |
| Alphabet, Inc. - Class C | 161420 | 27901447 |
| Charter Communications, Inc. - Class A <sup>(a)(b)</sup> | 5032 | 1994031 |
| Comcast Corp. - Class A | 137263 | 4745182 |
| Fox Corp. - Class A | 43058 | 2365606 |
| Fox Corp. - Class B <sup>(b)</sup> | 92000 | 4625760 |
| Meta Platforms, Inc. - Class A | 70012 | 45332070 |
| Netflix, Inc. <sup>(a)</sup> | 13718 | 16560781 |
| ROBLOX Corp. - Class A <sup>(a)</sup> | 12072 | 1050022 |
| Take-Two Interactive Software, Inc. <sup>(a)</sup> | 2446 | 553481 |
| Walt Disney Co. | 34266 | 3873429 |
| Warner Bros Discovery, Inc. <sup>(a)</sup> | 65325 | 651290 |
|  |  | 141575615 |
| **Pharmaceuticals, Biotechnology & Life Sciences - 4.6%** | **Pharmaceuticals, Biotechnology & Life Sciences - 4.6%** |  |
| AbbVie, Inc. | 53689 | 9992060 |
| Agilent Technologies, Inc. | 6730 | 753222 |
| Alnylam Pharmaceuticals, Inc. <sup>(a)(b)</sup> | 2720 | 828403 |
| Amgen, Inc. | 11275 | 3249229 |
| Bristol-Myers Squibb Co. | 61898 | 2988435 |
| Bruker Corp. | 43641 | 1601625 |
| Danaher Corp. | 13323 | 2530038 |
| Eli Lilly & Co. | 26312 | 19409573 |
| Gilead Sciences, Inc. | 54424 | 5990994 |
| Johnson & Johnson | 80642 | 12516445 |
| Merck & Co., Inc. | 87281 | 6706672 |
| Pfizer, Inc. | 175829 | 4130223 |
| Regeneron Pharmaceuticals, Inc. | 2233 | 1094795 |
| Thermo Fisher Scientific, Inc. | 8151 | 3283386 |
| Vertex Pharmaceuticals, Inc. <sup>(a)</sup> | 4744 | 2097085 |
| Waters Corp. <sup>(a)</sup> | 13169 | 4599142 |
|  |  | 81771327 |
| **Real Estate Management & Development - 0.1%** | **Real Estate Management & Development - 0.1%** |  |
| CBRE Group, Inc. - Class A <sup>(a)</sup> | 16341 | 2042952 |
| **Semiconductors & Semiconductor Equipment - 10.0%** | **Semiconductors & Semiconductor Equipment - 10.0%** |  |
| Advanced Micro Devices, Inc. <sup>(a)</sup> | 49694 | 5502617 |
| Analog Devices, Inc. | 18411 | 3939586 |
| Applied Materials, Inc. | 30940 | 4849845 |
| Broadcom, Inc. | 147809 | 35780125 |
| Entegris, Inc. | 54723 | 3761659 |
| Intel Corp. | 82371 | 1610353 |
| KLA Corp. | 5484 | 4150730 |
| Lam Research Corp. | 45913 | 3709311 |
| Marvell Technology, Inc. | 19747 | 1188572 |
| Microchip Technology, Inc. | 10793 | 626426 |
| Micron Technology, Inc. <sup>(b)</sup> | 26134 | 2468618 |
| NVIDIA Corp. | 719240 | 97190901 |
| QUALCOMM, Inc. | 43843 | 6366003 |
| Texas Instruments, Inc. | 29424 | 5380178 |
|  |  | 176524924 |
| **Software & Services - 11.3%** | **Software & Services - 11.3%** |  |
| Accenture PLC - Class A | 24472 | 7753219 |
| Adobe, Inc. <sup>(a)</sup> | 12859 | 5337642 |
| AppLovin Corp. - Class A <sup>(a)</sup> | 7851 | 3085443 |
| Atlassian Corp. - Class A <sup>(a)</sup> | 3532 | 733349 |
| Cadence Design Systems, Inc. <sup>(a)</sup> | 3874 | 1112109 |
| CCC Intelligent Solutions Holdings, Inc. <sup>(a)</sup> | 309997 | 2721774 |
| Cloudflare, Inc. - Class A <sup>(a)(b)</sup> | 5433 | 901280 |
| Cognizant Technology Solutions Corp. - Class A | 35434 | 2869800 |
| Crowdstrike Holdings, Inc. - Class A <sup>(a)</sup> | 2794 | 1317008 |
| Datadog, Inc. - Class A <sup>(a)</sup> | 6 | 707 |
| Fortinet, Inc. <sup>(a)</sup> | 34530 | 3514463 |
| Gen Digital, Inc. | 121889 | 3471399 |
| GoDaddy, Inc. - Class A <sup>(a)</sup> | 5106 | 930058 |
| International Business Machines Corp. | 33251 | 8614004 |
| Intuit, Inc. | 6669 | 5024891 |
| Microsoft Corp. | 231363 | 106510271 |
| MicroStrategy, Inc. - Class A <sup>(a)(b)</sup> | 8138 | 3003410 |
| Oracle Corp. | 55657 | 9212903 |
| Palantir Technologies, Inc. - Class A <sup>(a)</sup> | 68827 | 9070022 |
| Palo Alto Networks, Inc. <sup>(a)(b)</sup> | 15243 | 2933058 |
| Qualys, Inc. <sup>(a)</sup> | 27213 | 3770361 |
| Roper Technologies, Inc. | 2928 | 1669751 |
| Salesforce, Inc. | 28442 | 7547654 |
| ServiceNow, Inc. <sup>(a)</sup> | 6359 | 6429521 |
| Snowflake, Inc. - Class A <sup>(a)</sup> | 3483 | 716349 |
| VeriSign, Inc. | 1044 | 284459 |
|  |  | 198534905 |
| **Technology Hardware & Equipment - 7.7%** | **Technology Hardware & Equipment - 7.7%** |  |
| Amphenol Corp. - Class A <sup>(b)</sup> | 62935 | 5659745 |
| Apple, Inc. | 454295 | 91245151 |
| Arista Networks, Inc. <sup>(a)</sup> | 36260 | 3141566 |
| Cisco Systems, Inc. | 280386 | 17675533 |
| Dell Technologies, Inc. - Class C | 8388 | 933333 |
| Hewlett Packard Enterprise Co. | 21981 | 379832 |
| Motorola Solutions, Inc. | 5521 | 2293313 |
| NetApp, Inc. | 7976 | 790900 |
| Seagate Technology Holdings PLC | 7014 | 827231 |
| TE Connectivity PLC | 11006 | 1761730 |
| Teledyne Technologies, Inc. <sup>(a)</sup> | 1638 | 817133 |
| Trimble, Inc. <sup>(a)</sup> | 60893 | 4339844 |
| Zebra Technologies Corp. - Class A <sup>(a)</sup> | 17135 | 4965209 |
|  |  | 134830520 |
| **Telecommunication Services - 1.1%** | **Telecommunication Services - 1.1%** |  |
| AT&T, Inc. | 288961 | 8033116 |
| T-Mobile US, Inc. | 16769 | 4061452 |
| Verizon Communications, Inc. | 144571 | 6355341 |
|  |  | 18449909 |
| **Transportation - 1.2%** | **Transportation - 1.2%** |  |
| Delta Air Lines, Inc. | 33436 | 1617968 |
| Expeditors International of Washington, Inc. | 3906 | 440323 |
| FedEx Corp. | 7999 | 1744582 |
| Norfolk Southern Corp. | 5425 | 1340626 |
| Saia, Inc. <sup>(a)</sup> | 10164 | 2687463 |
| Southwest Airlines Co. <sup>(b)</sup> | 88416 | 2951326 |
| Uber Technologies, Inc. <sup>(a)</sup> | 46417 | 3906455 |
| Union Pacific Corp. | 14997 | 3324235 |
| United Airlines Holdings, Inc. <sup>(a)</sup> | 23892 | 1898100 |
| United Parcel Service, Inc. - Class B | 14619 | 1425937 |
|  |  | 21337015 |
| **Utilities - 2.2%** | **Utilities - 2.2%** |  |
| Ameren Corp. | 13093 | 1268450 |
| American Electric Power Co., Inc. | 41640 | 4309324 |
| Constellation Energy Corp. | 8258 | 2528187 |
| Dominion Energy, Inc. | 11419 | 647115 |
| DTE Energy Co. | 4080 | 557532 |
| Duke Energy Corp. | 70572 | 8307736 |
| Entergy Corp. | 12718 | 1059155 |
| Evergy, Inc. | 94338 | 6264987 |
| Exelon Corp. | 8 | 350 |
| NextEra Energy, Inc. | 32002 | 2260621 |
| NiSource, Inc. | 88371 | 3494189 |
| PG&E Corp. | 31903 | 538523 |
| PPL Corp. | 62102 | 2158044 |
| Public Service Enterprise Group, Inc. | 12 | 972 |
| Southern Co. <sup>(b)</sup> | 26754 | 2407860 |
| Vistra Corp. | 19719 | 3166280 |
|  |  | 38969325 |
| **TOTAL COMMON STOCKS** (Cost $1,453,580,822) | **TOTAL COMMON STOCKS** (Cost $1,453,580,822) | 1633536612 |
| **EXCHANGE TRADED FUNDS - 4.5%** | **Shares** | **Value** |
| Dimensional US Small Cap ETF <sup>(b)</sup> | 1287424 | 78893343 |
| Vanguard Large-Cap ETF | 1580 | 429412 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $79,277,171) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $79,277,171) | 79322755 |
| **REAL ESTATE INVESTMENT TRUSTS - COMMON - 2.3%** | **Shares** | **Value**  |
| **Equity Real Estate Investment Trusts (REITs) - 2.3%** | **Equity Real Estate Investment Trusts (REITs) - 2.3%** |  |
| Alexandria Real Estate Equities, Inc. | 10 | 702 |
| American Tower Corp. <sup>(b)</sup> | 10125 | 2173331 |
| AvalonBay Communities, Inc. | 13087 | 2705999 |
| Crown Castle, Inc. | 10582 | 1061904 |
| Equity Residential <sup>(b)</sup> | 72334 | 5073507 |
| Essex Property Trust, Inc. | 3947 | 1120553 |
| Extra Space Storage, Inc. | 5323 | 804571 |
| First Industrial Realty Trust, Inc. | 59395 | 2935895 |
| Healthpeak Properties, Inc. | 14 | 244 |
| Iron Mountain, Inc. | 5070 | 500460 |
| Mid-America Apartment Communities, Inc. | 18428 | 2886746 |
| Prologis, Inc. | 13483 | 1464254 |
| Public Storage | 3789 | 1168565 |
| Realty Income Corp. <sup>(b)</sup> | 17866 | 1011573 |
| SBA Communications Corp. | 1808 | 419257 |
| Simon Property Group, Inc. | 40926 | 6673803 |
| Ventas, Inc. | 6571 | 422384 |
| VICI Properties, Inc. | 157141 | 4982941 |
| Welltower, Inc. | 16638 | 2566911 |
| WP Carey, Inc. | 40658 | 2551696 |
|  |  | 40525296 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON** (Cost $39,407,177) | **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON** (Cost $39,407,177) | 40525296 |
| **SHORT-TERM INVESTMENTS - 4.0%** |  | **Value**  |
| **Investments Purchased with Proceeds from Securities Lending - 3.6%** | **<u>Units</u>** |  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.44% <sup>(d)</sup> | 63062061 | 63062061 |
| **Money Market Funds - 0.4%** | **<u>Shares</u>** |  |
| First American Government Obligations Fund - Class X, 4.23% <sup>(d)</sup> | 8148916 | 8148916 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $71,210,977) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $71,210,977) | 71210977 |
| **TOTAL INVESTMENTS - 103.5% (**Cost $1,643,476,147**)** | **TOTAL INVESTMENTS - 103.5% (**Cost $1,643,476,147**)** | 1824595640 |
| Liabilities in Excess of Other Assets - (3.5)% | Liabilities in Excess of Other Assets - (3.5)% | (61679030) |
| **TOTAL NET ASSETS - 100.0%** |  | $1762916610 |
| two | two | –% |

---

---

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

---

---

| |
|:---|
| LLC - Limited Liability Company |
| NV - Naamloze Vennootschap |
| PLC - Public Limited Company |
| REIT - Real Estate Investment Trust |

---

(a) Non-income producing security.

(b) All or a portion of this security is on loan as of May 31, 2025. The fair value of these securities was $61,760,559 which represented 3.5% of net assets.

(c) Rounds to zero.

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

------

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

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

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

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

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | 1633536612 |  |  | 1633536612 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 79322755 |  |  | 79322755 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Common | 40525296 |  |  | 40525296 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> | – |  |  | 63062061 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 8148916 |  |  | 8148916 |
| Total Investments | 1761533579 |  |  | 1824595640 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair
 value amount of $63,062,061 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 513-520-5925

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

- **a. Name of Series:** ActivePassive U.S. Equity ETF

- **b. EDGAR series identifier (if any):** S000075229

- **c. LEI of Series:** 549300MUSTG1QNWFUE21

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1827134326.55

**Total Liabilities:** $66008129.44

**Net Assets:** $1761126197.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234091 | -5.74%               | -0.92%               | 6.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4827749.14              | $-106375884.98                             |
| Month 2  | $-7844.26                | $-15498833.67                              |
| Month 3  | $3371321.69              | $96417122.61                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Applied Materials Inc                     | Applied Materials Inc                      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     30910 | NS      | $4845142.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                             | AppLovin Corp                              | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      7845 | NS      | $3083085.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co                 | Archer-Daniels-Midland Co                  | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |      7004 | NS      | $338083.08    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                       | Arista Networks Inc                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     36224 | NS      | $3138447.36   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                        | NextEra Energy Inc                         | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     31970 | NS      | $2258360.80   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                  | AT&T Inc                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    288671 | NS      | $8025053.80   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                 | Adobe Inc                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     12847 | NS      | $5332661.23   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc                | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     49644 | NS      | $5497080.12   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                        | Analog Devices Inc                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     18393 | NS      | $3935734.14   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc              | Apollo Global Management Inc               | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |      7201 | NS      | $941098.69    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                 | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    453837 | NS      | $91153161.45  | 5.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries Inc            | Armstrong World Industries Inc             | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |     40170 | NS      | $6251657.10   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                            | Atlassian Corp                             | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |      3530 | NS      | $732933.90    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc             | Automatic Data Processing Inc              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     10074 | NS      | $3279389.22   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc                 | AvalonBay Communities Inc                  | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     13075 | NS      | $2703517.75   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                           | Baker Hughes Co                            | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42230 | NS      | $1564621.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp                                 | Ball Corp                                  | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     17803 | NS      | $953884.74    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                                  | NIKE Inc                                   | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |        22 | NS      | $1332.98      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                              | NiSource Inc                               | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     88283 | NS      | $3490709.82   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp                     | Norfolk Southern Corp                      | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      5421 | NS      | $1339637.52   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technol            | Westinghouse Air Brake Technologies Corp   | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     21480 | NS      | $4345833.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                      | Bank of America Corp                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    134689 | NS      | $5943825.57   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T            | Bank of New York Mellon Corp/The           | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    116511 | NS      | $10324039.71  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co                     | Becton Dickinson & Co                      | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      7619 | NS      | $1314963.21   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                    | Berkshire Hathaway Inc                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     46328 | NS      | $23347458.88  | 1.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Best Buy Co Inc                           | Best Buy Co Inc                            | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |     16573 | NS      | $1098458.44   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                            | Blackstone Inc                             | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     17556 | NS      | $2436070.56   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                             | Blackrock Inc                              | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      4416 | NS      | $4327194.24   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                             | Boeing Co/The                              | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     13789 | NS      | $2858735.48   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                      | Booking Holdings Inc                       | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1424 | NS      | $7858956.32   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp                    | Boston Scientific Corp                     | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     38357 | NS      | $4037457.82   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                   | Bristol-Myers Squibb Co                    | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     61836 | NS      | $2985442.08   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions            | Broadridge Financial Solutions Inc         | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     16748 | NS      | $4066916.84   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                              | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    147661 | NS      | $35744298.27  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                         | Brown & Brown Inc                          | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |      5217 | NS      | $588999.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp                               | Bruker Corp                                | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |     43597 | NS      | $1600009.90   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc                     | Burlington Stores Inc                      | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      2017 | NS      | $460420.59    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                            | CBRE Group Inc                             | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     16327 | NS      | $2041201.54   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Hold            | CCC Intelligent Solutions Holdings Inc     | CUSIP: 12510Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    309683 | NS      | $2719016.74   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc                | CF Industries Holdings Inc                 | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     12666 | NS      | $1148932.86   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                           | Cigna Group/The                            | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      5965 | NS      | $1888757.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                        | Coterra Energy Inc                         | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |      6686 | NS      | $162536.66    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Cadence Design Systems Inc                | Cadence Design Systems Inc                 | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      3872 | NS      | $1111535.04   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                          | Wells Fargo & Co                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     81687 | NS      | $6108553.86   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                             | Welltower Inc                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     16622 | NS      | $2564442.16   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                    | Arch Capital Group Ltd                     | CUSIP: N/A<br>LEI: 549300AYR4P8AFKDCE43       | Long             | EC               | CORP              | BM        |     11555 | NS      | $1098187.20   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Grou            | White Mountains Insurance Group Ltd        | CUSIP: N/A<br>LEI: 549300N3FL068JERBG02       | Long             | EC               | CORP              | US        |      3624 | NS      | $6468115.20   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                | Capital One Financial Corp                 | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     12608 | NS      | $2384803.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                       | Cardinal Health Inc                        | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     32032 | NS      | $4947022.08   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp                             | Carnival Corp                              | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | US        |    107161 | NS      | $2488278.42   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                       | Carrier Global Corp                        | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     21627 | NS      | $1539842.40   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                                | Carvana Co                                 | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      2457 | NS      | $803832.12    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems Inc                 | Casella Waste Systems Inc                  | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     35538 | NS      | $4165408.98   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Caterpillar Inc                           | Caterpillar Inc                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     18060 | NS      | $6285421.80   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                              | Centene Corp                               | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |         4 | NS      | $225.76       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc                | Charter Communications Inc                 | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      5028 | NS      | $1992445.56   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Cheniere Energy Inc                       | Cheniere Energy Inc                        | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      4757 | NS      | $1127361.43   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                              | Chevron Corp                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     69363 | NS      | $9481922.10   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                | Chipotle Mexican Grill Inc                 | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23918 | NS      | $1197813.44   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Downs Inc                       | Churchill Downs Inc                        | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |     48859 | NS      | $4664568.73   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corp                 | Cincinnati Financial Corp                  | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |      7934 | NS      | $1196605.88   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                         | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    280102 | NS      | $17657630.08  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                               | Cintas Corp                                | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21586 | NS      | $4889229.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                             | Citigroup Inc                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     85141 | NS      | $6412820.12   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                            | Cloudflare Inc                             | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |      5429 | NS      | $900616.81    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Coca-Cola Co/The                          | Coca-Cola Co/The                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     55754 | NS      | $4019863.40   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions            | Cognizant Technology Solutions Corp        | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     35400 | NS      | $2867046.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                       | Coinbase Global Inc                        | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |      4219 | NS      | $1040489.78   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                      | Colgate-Palmolive Co                       | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      9604 | NS      | $892595.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                              | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    137125 | NS      | $4740411.25   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                            | ConocoPhillips                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     36207 | NS      | $3090267.45   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Constellation Energy Corp                 | Constellation Energy Corp                  | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      8252 | NS      | $2526349.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                | Copart Inc                                 | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |        22 | NS      | $1132.56      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc                  | Corebridge Financial Inc                   | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |      8709 | NS      | $284000.49    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Corteva Inc                               | Corteva Inc                                | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     24562 | NS      | $1738989.60   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                     | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     14637 | NS      | $15225114.66  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Acceptance Corp                    | Credit Acceptance Corp                     | CUSIP: 225310101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9356 | NS      | $4465618.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| First American Government Obli            | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   7973264 | NS      | $7973264.13   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust             | First Industrial Realty Trust Inc          | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59335 | NS      | $2932929.05   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                                | Fiserv Inc                                 | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     19316 | NS      | $3144451.64   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Fortinet Inc                              | Fortinet Inc                               | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     34498 | NS      | $3511206.44   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                  | Fox Corp                                   | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     43016 | NS      | $2363299.04   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                  | Fox Corp                                   | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     91908 | NS      | $4621134.24   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Freeport-McMoRan Inc                      | Freeport-McMoRan Inc                       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     56932 | NS      | $2190743.36   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies Inc            | GE HealthCare Technologies Inc             | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     28608 | NS      | $2018008.32   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Arthur J Gallagher & Co                   | Arthur J Gallagher & Co                    | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      4304 | NS      | $1495381.76   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                            | GE Vernova Inc                             | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      5367 | NS      | $2538483.66   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                     | General Dynamics Corp                      | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      8148 | NS      | $2269136.52   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                       | General Electric Co                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     26282 | NS      | $6463006.62   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc                         | General Mills Inc                          | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |      9193 | NS      | $498812.18    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                         | General Motors Co                          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     64234 | NS      | $3186648.74   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                       | Gilead Sciences Inc                        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     54370 | NS      | $5985049.60   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                       | Global Payments Inc                        | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |      6046 | NS      | $457138.06    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                               | GoDaddy Inc                                | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      5102 | NS      | $929329.30    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The               | Goldman Sachs Group Inc/The                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     13410 | NS      | $8052034.50   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                        | HCA Healthcare Inc                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |     11437 | NS      | $4361957.43   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Halliburton Co                            | Halliburton Co                             | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     17022 | NS      | $333460.98    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group Inc/Th            | Hanover Insurance Group Inc/The            | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     27525 | NS      | $4843849.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T            | Hartford Insurance Group Inc/The           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     28690 | NS      | $3725109.60   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc                 | Healthpeak Properties Inc                  | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |        14 | NS      | $243.74       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates Inc               | Jack Henry & Associates Inc                | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |     23906 | NS      | $4331050.02   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co             | Hewlett Packard Enterprise Co              | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     21959 | NS      | $379451.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                               | Hologic Inc                                | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |        46 | NS      | $2859.82      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                        | Home Depot Inc/The                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     20511 | NS      | $7553996.19   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc               | Honeywell International Inc                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     17958 | NS      | $4070539.86   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                      | Howmet Aerospace Inc                       | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     11940 | NS      | $2028486.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                               | Hubbell Inc                                | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |       656 | NS      | $255564.48    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                                | Humana Inc                                 | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      1928 | NS      | $449474.64    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                                | Intel Corp                                 | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     82289 | NS      | $1608749.95   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc             | Interactive Brokers Group Inc              | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |      9852 | NS      | $2065767.36   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc             | Intercontinental Exchange Inc              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     15986 | NS      | $2874282.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                                       | International Business Machines Corp       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     33219 | NS      | $8605714.14   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co                    | International Paper Co                     | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     29309 | NS      | $1401263.29   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Intuit Inc                                | Intuit Inc                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      6663 | NS      | $5020370.61   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                    | Intuitive Surgical Inc                     | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     15212 | NS      | $8402196.08   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                         | Iron Mountain Inc                          | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |      5066 | NS      | $500064.86    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                       | JPMorgan Chase & Co                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     96124 | NS      | $25376736.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                      | Jacobs Solutions Inc                       | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         4 | NS      | $505.20       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                         | Johnson & Johnson                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     80562 | NS      | $12504028.02  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc                                | Kenvue Inc                                 | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |     54102 | NS      | $1291414.74   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp                       | Kimberly-Clark Corp                        | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     31844 | NS      | $4577893.44   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                         | Kinder Morgan Inc                          | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     41989 | NS      | $1177371.56   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                     | Northrop Grumman Corp                      | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |       617 | NS      | $299103.09    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                           | Gen Digital Inc                            | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |    121767 | NS      | $3467924.16   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                               | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    718512 | NS      | $97092526.56  | 5.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                               | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     55603 | NS      | $9203964.59   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp                       | Otis Worldwide Corp                        | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     12107 | NS      | $1154402.45   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                                 | PG&E Corp                                  | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     31871 | NS      | $537982.48    | 0.03%             |  |  |  | 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        |      6355 | NS      | $1104562.55   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                                  | PPL Corp                                   | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     62040 | NS      | $2155890.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                                | PACCAR Inc                                 | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     14504 | NS      | $1361200.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America                 | Packaging Corp of America                  | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     19694 | NS      | $3804289.98   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                 | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     68759 | NS      | $9061061.02   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                    | Palo Alto Networks Inc                     | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     15229 | NS      | $2930364.18   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Parker-Hannifin Corp                      | Parker-Hannifin Corp                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      9288 | NS      | $6173733.60   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                               | Paychex Inc                                | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     46261 | NS      | $7305074.51   | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| PayPal Holdings Inc                       | PayPal Holdings Inc                        | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     26671 | NS      | $1874437.88   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                               | PepsiCo Inc                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     32552 | NS      | $4278960.40   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                | Pfizer Inc                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    175653 | NS      | $4126088.97   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In            | Philip Morris International Inc            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     32762 | NS      | $5916489.58   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings Inc                         | Post Holdings Inc                          | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |     42977 | NS      | $4752826.43   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                   | Procter & Gamble Co/The                    | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     80072 | NS      | $13603432.08  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                      | Progressive Corp/The                       | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     20425 | NS      | $5819695.25   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                              | Prologis Inc                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     13471 | NS      | $1462950.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Grou            | Public Service Enterprise Group Inc        | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |        12 | NS      | $972.36       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                       | Abbott Laboratories                        | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     66106 | NS      | $8830439.48   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                | AbbVie Inc                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     53637 | NS      | $9982382.07   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp                          | W R Berkley Corp                           | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |      6986 | NS      | $521784.34    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                           | CVS Health Corp                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     44904 | NS      | $2875652.16   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                  | Crowdstrike Holdings Inc                   | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      2792 | NS      | $1316065.04   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                          | Crown Castle Inc                           | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     10572 | NS      | $1060900.20   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                               | Cummins Inc                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     35171 | NS      | $11306773.08  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton Inc                             | DR Horton Inc                              | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |     15892 | NS      | $1876209.52   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                             | DTE Energy Co                              | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |      4076 | NS      | $556985.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                              | Danaher Corp                               | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     13311 | NS      | $2527758.90   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants Inc                    | Darden Restaurants Inc                     | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |      7891 | NS      | $1690331.11   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                               | Datadog Inc                                | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |         6 | NS      | $707.28       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp                      | Deckers Outdoor Corp                       | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     31221 | NS      | $3294439.92   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                | Deere & Co                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      6640 | NS      | $3361566.40   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                     | Dell Technologies Inc                      | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      8380 | NS      | $932442.60    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc                       | Delta Air Lines Inc                        | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     33404 | NS      | $1616419.56   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                         | Devon Energy Corp                          | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     49336 | NS      | $1492907.36   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                            | Public Storage                             | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |      3787 | NS      | $1167948.67   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                            | PulteGroup Inc                             | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25714 | NS      | $2520743.42   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                              | QUALCOMM Inc                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     43799 | NS      | $6359614.80   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                                | Qualys Inc                                 | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |     27187 | NS      | $3766758.85   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc                       | Quanta Services Inc                        | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      3029 | NS      | $1037614.24   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc                     | Quest Diagnostics Inc                      | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     13864 | NS      | $2403185.76   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc               | Raymond James Financial Inc                | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      3827 | NS      | $562492.46    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                  | RTX Corp                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     43554 | NS      | $5944249.92   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                        | Realty Income Corp                         | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     17848 | NS      | $1010553.76   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Regeneron Pharmaceuticals Inc             | Regeneron Pharmaceuticals Inc              | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      2231 | NS      | $1093814.68   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc                     | Republic Services Inc                      | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     18654 | NS      | $4799487.66   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                                | ResMed Inc                                 | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      7628 | NS      | $1867258.12   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Reynolds Consumer Products Inc            | Reynolds Consumer Products Inc             | CUSIP: 76171L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     94477 | NS      | $2086052.16   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                     | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     56647 | NS      | $3747199.05   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                               | ROBLOX Corp                                | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12060 | NS      | $1048978.80   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                    | Roper Technologies Inc                     | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      2926 | NS      | $1668610.02   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                           | Ross Stores Inc                            | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |     17947 | NS      | $2514195.23   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                            | S&P Global Inc                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      6571 | NS      | $3370003.06   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                   | SBA Communications Corp                    | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      1808 | NS      | $419257.12    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc            | SS&C Technologies Holdings Inc             | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     25823 | NS      | $2086756.63   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                  | Saia Inc                                   | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |     10154 | NS      | $2684819.14   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                            | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     28416 | NS      | $7540753.92   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                                | Dexcom Inc                                 | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      6901 | NS      | $592105.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                    | Diamondback Energy Inc                     | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      2564 | NS      | $344986.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                           | Schlumberger NV                            | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     41274 | NS      | $1364105.70   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                            | ServiceNow Inc                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      6355 | NS      | $6425476.95   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                   | Sherwin-Williams Co/The                    | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      6514 | NS      | $2337288.34   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                  | Simon Property Group Inc                   | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     40888 | NS      | $6667606.16   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                               | Snap-on Inc                                | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      6912 | NS      | $2217024.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                             | Snowflake Inc                              | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      3481 | NS      | $715937.27    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                           | Southern Co/The                            | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     26728 | NS      | $2405520.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Southwest Airlines Co                     | Southwest Airlines Co                      | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |     88328 | NS      | $2948388.64   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Block Inc                                 | Block Inc                                  | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     19383 | NS      | $1196900.25   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                            | Starbucks Corp                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     16631 | NS      | $1396172.45   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                         | State Street Corp                          | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     64812 | NS      | $6240099.36   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                        | Steel Dynamics Inc                         | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     17470 | NS      | $2150032.90   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Stryker Corp                              | Stryker Corp                               | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      8337 | NS      | $3190069.68   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                       | Synchrony Financial                        | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     49206 | NS      | $2836725.90   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Sysco Corp                                | Sysco Corp                                 | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     18237 | NS      | $1331301.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                           | TJX Cos Inc/The                            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     59301 | NS      | $7525296.90   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                           | T-Mobile US Inc                            | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     16753 | NS      | $4057576.60   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software             | Take-Two Interactive Software Inc          | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      2444 | NS      | $553028.32    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                               | Target Corp                                | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      7635 | NS      | $717766.35    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Targa Resources Corp                      | Targa Resources Corp                       | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      4129 | NS      | $652092.97    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                 | Teledyne Technologies Inc                  | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      1638 | NS      | $817132.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International Inc              | Somnigroup International Inc               | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |     57201 | NS      | $3721497.06   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Tesla Inc                                 | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     84293 | NS      | $29204152.78  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                     | Texas Instruments Inc                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     29396 | NS      | $5375058.60   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp                   | Texas Pacific Land Corp                    | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       606 | NS      | $675102.18    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc              | Thermo Fisher Scientific Inc               | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      8143 | NS      | $3280163.26   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Co/The                               | Toro Co/The                                | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |     41162 | NS      | $3119256.36   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc                      | Tradeweb Markets Inc                       | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10277 | NS      | $1484512.65   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The                     | Travelers Cos Inc/The                      | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     11066 | NS      | $3050896.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                               | Trex Co Inc                                | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38696 | NS      | $2161945.52   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Aon PLC                                   | Aon PLC                                    | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | GB        |      3583 | NS      | $1333162.64   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Ltd                | Axalta Coating Systems Ltd                 | CUSIP: N/A<br>LEI: 529900AGLPA40GV6H619       | Long             | EC               | CORP              | US        |    123715 | NS      | $3810422.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Dimensional US Small Cap ETF              | Dimensional US Small Cap ETF               | CUSIP: 25434V500<br>LEI: 549300ZX1UG1MY980943 | Long             | EC               | RF                | US        |   1286118 | NS      | $78813311.04  | 4.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Walt Disney Co/The                        | Walt Disney Co/The                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     34232 | NS      | $3869585.28   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                             | Accenture PLC                              | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |     24450 | NS      | $7746249.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                   | CRH PLC                                    | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | US        |     18511 | NS      | $1687462.76   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International            | Johnson Controls International plc         | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | US        |     41474 | NS      | $4204219.38   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PL            | Seagate Technology Holdings PLC            | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | US        |      7008 | NS      | $826523.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                       | Dollar General Corp                        | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |         4 | NS      | $389.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                           | Dollar Tree Inc                            | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |      2836 | NS      | $255977.36    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                       | Dominion Energy Inc                        | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     11409 | NS      | $646548.03    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                              | DoorDash Inc                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     12753 | NS      | $2660913.45   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp                                | Dover Corp                                 | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |     23228 | NS      | $4128777.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                          | Duke Energy Corp                           | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     70502 | NS      | $8299495.44   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                   | Extra Space Storage Inc                    | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5319 | NS      | $803966.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                          | Exxon Mobil Corp                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    121724 | NS      | $12452365.20  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                        | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     69942 | NS      | $45286745.58  | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                                | FedEx Corp                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      7993 | NS      | $1743273.30   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information             | Fidelity National Information Services Inc | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |      7192 | NS      | $572555.12    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial In            | Fidelity National Financial Inc            | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     29873 | NS      | $1636144.21   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC                       | TE Connectivity PLC                        | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |     10996 | NS      | $1760129.72   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                    | Trane Technologies PLC                     | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |     13376 | NS      | $5755291.52   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                                 | Chubb Ltd                                  | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |      4532 | NS      | $1346910.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                                | Garmin Ltd                                 | CUSIP: N/A<br>LEI: 2549001E0HIPIJQ0W046       | Long             | EC               | CORP              | CH        |     10325 | NS      | $2095665.25   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AerCap Holdings NV                        | AerCap Holdings NV                         | CUSIP: N/A<br>LEI: 549300SZYINBBLJQU475       | Long             | EC               | CORP              | IE        |     65395 | NS      | $7568163.35   | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Royal Caribbean Cruises Ltd               | Royal Caribbean Cruises Ltd                | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | US        |     12324 | NS      | $3166898.28   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                           | WW Grainger Inc                            | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      1851 | NS      | $2013073.56   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                  | KLA Corp                                   | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      5480 | NS      | $4147702.40   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                              | KKR & Co Inc                               | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     14746 | NS      | $1791049.16   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co/The                        | Kraft Heinz Co/The                         | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     19863 | NS      | $530937.99    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                             | Kroger Co/The                              | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     53731 | NS      | $3666066.13   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                         | Lam Research Corp                          | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     45869 | NS      | $3705756.51   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc                  | Lamb Weston Holdings Inc                   | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |     58825 | NS      | $3281258.50   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Lancaster Colony Corp                     | Lancaster Colony Corp                      | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |     26634 | NS      | $4458531.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                       | Leidos Holdings Inc                        | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     21272 | NS      | $3159317.44   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                               | Lennar Corp                                | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |         6 | NS      | $636.48       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                               | Lennar Corp                                | CUSIP: 526057302<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     11614 | NS      | $1176498.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Lockheed Martin Corp                      | Lockheed Martin Corp                       | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      4557 | NS      | $2198205.66   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corp                                | Loews Corp                                 | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |     12584 | NS      | $1123625.36   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                            | Lowe's Cos Inc                             | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     24670 | NS      | $5568759.10   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp                             | M&T Bank Corp                              | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     13858 | NS      | $2531025.12   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp                   | Marathon Petroleum Corp                    | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      4516 | NS      | $725901.84    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc                          | Markel Group Inc                           | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |      1422 | NS      | $2761097.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                  | Marsh & McLennan Cos Inc                   | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      8922 | NS      | $2084714.52   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                    | Marvell Technology Inc                     | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19727 | NS      | $1187368.13   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                            | Merck & Co Inc                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     87195 | NS      | $6700063.80   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                            | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    231129 | NS      | $106402546.44 | 6.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MicroStrategy Inc                         | MicroStrategy Inc                          | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |      8132 | NS      | $3001195.92   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Microchip Technology Inc                  | Microchip Technology Inc                   | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     10783 | NS      | $625845.32    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                     | Micron Technology Inc                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     26108 | NS      | $2466161.68   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Mid-America Apartment Communit            | Mid-America Apartment Communities Inc      | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     18410 | NS      | $2883926.50   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare Inc                     | Molina Healthcare Inc                      | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |      1964 | NS      | $599098.56    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc                | Mondelez International Inc                 | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     34934 | NS      | $2357695.66   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                            | Morgan Stanley                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     54453 | NS      | $6971617.59   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac Inc                                 | Aflac Inc                                  | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |     46353 | NS      | $4799389.62   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc                  | Agilent Technologies Inc                   | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      6724 | NS      | $752550.08    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                | Airbnb Inc                                 | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      6196 | NS      | $799284.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc            | Air Products and Chemicals Inc             | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      5186 | NS      | $1446427.26   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equitie            | Alexandria Real Estate Equities Inc        | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |        10 | NS      | $701.90       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                         | Allstate Corp/The                          | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     10792 | NS      | $2264917.04   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc               | Alnylam Pharmaceuticals Inc                | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |      2718 | NS      | $827794.08    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Alphabet Inc                              | Alphabet Inc                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    161258 | NS      | $27873445.30  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                              | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    185689 | NS      | $31890228.86  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                          | Altria Group Inc                           | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    154978 | NS      | $9393216.58   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                            | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    300878 | NS      | $61682998.78  | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                               | Ameren Corp                                | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     13081 | NS      | $1267287.28   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings Inc                      | Amentum Holdings Inc                       | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |         0 | NS      | $5.03         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc            | American Electric Power Co Inc             | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     41600 | NS      | $4305184.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                       | American Express Co                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     12668 | NS      | $3725025.40   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I            | American International Group Inc           | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |      8949 | NS      | $757443.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                       | American Tower Corp                        | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     10115 | NS      | $2171184.75   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Amgen Inc                                 | Amgen Inc                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     11265 | NS      | $3246347.70   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                             | Amphenol Corp                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     62873 | NS      | $5654168.89   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Trimble Inc                               | Trimble Inc                                | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |     60833 | NS      | $4335567.91   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods Inc                           | Tyson Foods Inc                            | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     19100 | NS      | $1072656.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                     | Uber Technologies Inc                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     46371 | NS      | $3902583.36   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                    | Motorola Solutions Inc                     | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      5519 | NS      | $2292482.22   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc                            | Murphy USA Inc                             | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |     13057 | NS      | $5572597.03   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                | Nasdaq Inc                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     20973 | NS      | $1752084.42   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                                | NetApp Inc                                 | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      7968 | NS      | $790106.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                               | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     13706 | NS      | $16546294.38  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corp                            | NewMarket Corp                             | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |      6721 | NS      | $4328727.26   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                              | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     51990 | NS      | $2740912.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Northern Trust Corp                       | Northern Trust Corp                        | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     37903 | NS      | $4045766.22   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                                     | 3M Co                                      | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     21077 | NS      | $3126772.95   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                       | VICI Properties Inc                        | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |    156983 | NS      | $4977930.93   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                  | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     41240 | NS      | $15060435.60  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                               | Vistra Corp                                | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     19701 | NS      | $3163389.57   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                       | Vulcan Materials Co                        | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      1629 | NS      | $431799.03    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                              | WP Carey Inc                               | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |     40618 | NS      | $2549185.68   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                               | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    174115 | NS      | $17188632.80  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc                 | Warner Bros Discovery Inc                  | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |     65259 | NS      | $650632.23    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                      | Waste Management Inc                       | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      6686 | NS      | $1611125.42   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                               | Waters Corp                                | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |     13157 | NS      | $4594950.68   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Zebra Technologies Corp                   | Zebra Technologies Corp                    | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |     17119 | NS      | $4960572.63   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                | Zimmer Biomet Holdings Inc                 | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |      6543 | NS      | $603068.31    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  63062061 | NS      | $63062061.00  | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                 | Linde PLC                                  | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | US        |      9936 | NS      | $4645874.88   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                             | Medtronic PLC                              | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     92443 | NS      | $7670920.14   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                           | Ulta Beauty Inc                            | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      2717 | NS      | $1280956.82   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp/MA                          | UniFirst Corp/MA                           | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |     12662 | NS      | $2387546.72   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                        | Union Pacific Corp                         | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     14983 | NS      | $3321131.78   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc              | United Airlines Holdings Inc               | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     23870 | NS      | $1896352.15   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc                 | United Parcel Service Inc                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     14605 | NS      | $1424571.70   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                        | United Rentals Inc                         | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      1583 | NS      | $1121365.54   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                    | UnitedHealth Group Inc                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     28802 | NS      | $8695611.82   | 0.49%             |  |  |  | No            |                  1 | On Loan: —       |
| Vail Resorts Inc                          | Vail Resorts Inc                           | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |     13997 | NS      | $2241899.49   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Valero Energy Corp                        | Valero Energy Corp                         | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |         4 | NS      | $515.88       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                                | Ventas Inc                                 | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |      6565 | NS      | $421998.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Large-Cap ETF                    | Vanguard Large-Cap ETF                     | CUSIP: 922908637<br>LEI: N/A                  | Long             | EC               | RF                | US        |      1580 | NS      | $429412.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                              | Veralto Corp                               | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |         4 | NS      | $404.12       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                              | VeriSign Inc                               | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      1044 | NS      | $284458.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                | Verizon Communications Inc                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    144427 | NS      | $6349010.92   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc                | Vertex Pharmaceuticals Inc                 | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      4740 | NS      | $2095317.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                        | Vertiv Holdings Co                         | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      7724 | NS      | $833651.32    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                       | Elevance Health Inc                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      7531 | NS      | $2890699.04   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours Inc                     | DuPont de Nemours Inc                      | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     11191 | NS      | $747558.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                         | EOG Resources Inc                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     39106 | NS      | $4245738.42   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                                  | eBay Inc                                   | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     51555 | NS      | $3772279.35   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                                | Ecolab Inc                                 | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     16928 | NS      | $4496415.36   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp                 | Edwards Lifesciences Corp                  | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     13646 | NS      | $1067390.12   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                     | Element Solutions Inc                      | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    122747 | NS      | $2624330.86   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                       | Emerson Electric Co                        | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     17496 | NS      | $2088672.48   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                              | Entegris Inc                               | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |     54669 | NS      | $3757947.06   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                              | Entergy Corp                               | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     12706 | NS      | $1058155.68   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc                               | Equifax Inc                                | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |      2693 | NS      | $711463.67    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Equity Residential                        | Equity Residential                         | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     72262 | NS      | $5068456.68   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Essex Property Trust Inc                  | Essex Property Trust Inc                   | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      3943 | NS      | $1119417.70   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                                | Evergy Inc                                 | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     94244 | NS      | $6258744.04   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                               | Exelon Corp                                | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |         8 | NS      | $350.56       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                         | Expedia Group Inc                          | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7482 | NS      | $1247623.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Wa            | Expeditors International of Washington Inc | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      3904 | NS      | $440097.92    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                            | Eli Lilly & Co                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     26286 | NS      | $19390393.62  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                                | Masco Corp                                 | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     53882 | NS      | $3363314.44   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                            | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     15956 | NS      | $9343833.60   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                           | McDonald's Corp                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     13092 | NS      | $4108924.20   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                             | McKesson Corp                              | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      5610 | NS      | $4036451.10   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                            | Eaton Corp PLC                             | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |      9066 | NS      | $2902933.20   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

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

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

**Signature:** /s/ Kelly Strauss

**Name of Signer:** Kelly Strauss

**Title:** Treasurer