# EDGAR Filing Document

**Accession Number:** 0000822977
**File Stem:** 0001752724-25-174070
**Filing Date:** 2025-7
**Character Count:** 67797
**Document Hash:** 6e2361b9bb25c935f3e54d444ade7160
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-174070.hdr.sgml**: 20250722

**ACCESSION NUMBER**: 0001752724-25-174070

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250722

**DATE AS OF CHANGE**: 20250722

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GOLDMAN SACHS TRUST
- **CENTRAL INDEX KEY:** 0000822977

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05349
- **FILM NUMBER:** 251141107

**BUSINESS ADDRESS:**
- **STREET 1:** 71  SOUTH WACKER DRIVE
- **STREET 2:** C/O GOLDMAN SACHS & CO
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 3126554400

**MAIL ADDRESS:**
- **STREET 1:** 200 WEST STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10282

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GOLDMAN SACHS SHORT INTERMEDIATE GOVERNMENT FUND
- **DATE OF NAME CHANGE:** 19910711

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SHORT INTERMEDIATE GOVERNMENT FUND
- **DATE OF NAME CHANGE:** 19900104

## Series and Classes Contracts Data

### Goldman Sachs Small Cap Value Fund (Series ID: S000009323)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000025501 | Institutional   | GSSIX           |
| C000025502 | Service         | GSSSX           |
| C000025503 | Class A         | GSSMX           |
| C000025505 | Class C         | GSSCX           |
| C000055757 | Class R         | GSQRX           |
| C000055758 | Investor Shares | GSQTX           |
| C000159658 | Class R6 Shares | GSSUX           |
| C000201807 | Class P Shares  | GSYPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Goldman Sachs Trust

- **b. Investment Company Act file number:** 811-05349

- **c. CIK number of Registrant:** 0000822977

- **d. LEI of Registrant:** S2FHCT8U6D2VORP0J605

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

  - **Street Address 1:** 71 South Wacker Drive

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-655-4400

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

- **a. Name of Series:** Goldman Sachs Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000009323

- **c. LEI of Series:** 2P82JJBJOY87BYVGWD47

**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:** $886975619.31

**Total Liabilities:** $3150739.41

**Net Assets:** $883824879.90

**Cash Not Reported:** $272777.06

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025501 | -5.53%               | -4.26%               | 5.43%                |
| Class ID C000025502 | -5.57%               | -4.29%               | 5.40%                |
| Class ID C000025503 | -5.59%               | -4.24%               | 5.37%                |
| Class ID C000025505 | -5.58%               | -4.36%               | 5.33%                |
| Class ID C000055757 | -5.61%               | -4.26%               | 5.38%                |
| Class ID C000055758 | -5.57%               | -4.22%               | 5.40%                |
| Class ID C000159658 | -5.54%               | -4.24%               | 5.41%                |
| Class ID C000201807 | -5.54%               | -4.24%               | 5.41%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $16159234.80             | $-73112508.98                              |
| Month 2  | $-151859.51              | $-38714625.76                              |
| Month 3  | $-2765343.20             | $48161824.74                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Old Second Bancorp Inc                                      | Old Second Bancorp Inc                                      | CUSIP: 680277100<br>LEI: 549300XVJC1MPUT81C04 | Long             | EC               | CORP              | US        |    336942 | NS      | $5573020.68   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Scorpio Tankers Inc                                         | Scorpio Tankers Inc                                         | CUSIP: 000000000<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               | CORP              | MC        |     73787 | NS      | $2932295.38   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Insurance Holdings Ltd                                | Aspen Insurance Holdings Ltd                                | CUSIP: 000000000<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EC               | CORP              | BM        |    140620 | NS      | $4823266.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies Inc                                    | Axcelis Technologies Inc                                    | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |     36357 | NS      | $2048353.38   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Marex Group PLC                                             | Marex Group PLC                                             | CUSIP: 000000000<br>LEI: 549300DWX0SVICJAL507 | Long             | EC               | CORP              | GB        |    114248 | NS      | $4930943.68   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc                                         | Karman Holdings Inc                                         | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85693 | NS      | $3672801.98   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust In                              | Four Corners Property Trust Inc                             | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |    190535 | NS      | $5260671.35   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp                                          | UMB Financial Corp                                          | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |    128556 | NS      | $13256694.72  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction Inc                                    | Granite Construction Inc                                    | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |     47476 | NS      | $4246728.20   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp                                         | Meritage Homes Corp                                         | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |    127378 | NS      | $8102514.58   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Gorman-Rupp Co/The                                          | Gorman-Rupp Co/The                                          | CUSIP: 383082104<br>LEI: 254900WVLPOIWPGJPA07 | Long             | EC               | CORP              | US        |     76931 | NS      | $2807981.50   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Bankshares Inc                                      | Eastern Bankshares Inc                                      | CUSIP: 27627N105<br>LEI: 549300J245MBQU3DO403 | Long             | EC               | CORP              | US        |     96593 | NS      | $1448895.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs Inc                                                   | Crocs Inc                                                   | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     27447 | NS      | $2799594.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwood Trust Inc                                           | Redwood Trust Inc                                           | CUSIP: 758075402<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EC               | CORP              | US        |    455869 | NS      | $2484486.05   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulfport Energy Corp                                        | Gulfport Energy Corp                                        | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |     25724 | NS      | $4926146.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                                                    | Moog Inc                                                    | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     29897 | NS      | $5540213.07   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holding                              | Ollie's Bargain Outlet Holdings Inc                         | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |     33141 | NS      | $3693564.45   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| HB Fuller Co                                                | HB Fuller Co                                                | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |    129807 | NS      | $7245826.74   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust Inc                               | Independence Realty Trust Inc                               | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |    656558 | NS      | $12205413.22  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co                                          | Crescent Energy Co                                          | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    539891 | NS      | $4529685.49   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co                                        | Matador Resources Co                                        | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |    114630 | NS      | $4930236.30   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group Inc/Th                              | Hanover Insurance Group Inc/The                             | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     51046 | NS      | $8983075.08   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Utz Brands Inc                                              | Utz Brands Inc                                              | CUSIP: 918090101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    292460 | NS      | $3869245.80   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group Inc                                           | Newmark Group Inc                                           | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    599880 | NS      | $6604678.80   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation Inc                                              | AutoNation Inc                                              | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21282 | NS      | $3912695.70   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadre Holdings Inc                                          | Cadre Holdings Inc                                          | CUSIP: 12763L105<br>LEI: 2549006IKQEWJ8M7CB97 | Long             | EC               | CORP              | US        |     76110 | NS      | $2494124.70   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solu                              | Kratos Defense & Security Solutions Inc                     | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    135598 | NS      | $5002210.22   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Integer Holdings Corp                                       | Integer Holdings Corp                                       | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |     36851 | NS      | $4376424.76   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp                                     | Magnolia Oil & Gas Corp                                     | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    217289 | NS      | $4671713.50   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare I                              | Prestige Consumer Healthcare Inc                            | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72750 | NS      | $6232492.50   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc                                         | Silgan Holdings Inc                                         | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |     85226 | NS      | $4693395.82   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Tr                              | Essential Properties Realty Trust Inc                       | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    239001 | NS      | $7767532.50   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund              | Goldman Sachs Financial Square Government Fund              | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |  12436289 | NS      | $12436288.60  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp                                             | SouthState Corp                                             | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |    160596 | NS      | $14100328.80  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries Inc                              | Advanced Energy Industries Inc                              | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |     34543 | NS      | $3964845.54   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Syndax Pharmaceuticals Inc                                  | Syndax Pharmaceuticals Inc                                  | CUSIP: 87164F105<br>LEI: 529900OF94TRHKZVBS87 | Long             | EC               | CORP              | US        |     96413 | NS      | $1016193.02   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties Inc                                    | Highwoods Properties Inc                                    | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |    167543 | NS      | $4976027.10   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems Inc                                       | Commvault Systems Inc                                       | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |     22137 | NS      | $4054391.55   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes Inc                                               | M/I Homes Inc                                               | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     69217 | NS      | $7379224.37   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| InvenTrust Properties Corp                                  | InvenTrust Properties Corp                                  | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |    221363 | NS      | $6218086.67   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp                                                 | Rogers Corp                                                 | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |     14559 | NS      | $969192.63    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshworks Inc                                              | Freshworks Inc                                              | CUSIP: 358054104<br>LEI: 254900ULRGCUEIK0K191 | Long             | EC               | CORP              | US        |    174377 | NS      | $2662736.79   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                                                | Sanmina Corp                                                | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     70325 | NS      | $5955824.25   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp                                         | Federal Signal Corp                                         | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |     39628 | NS      | $3727805.96   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Insurance Group Ltd                                | Hamilton Insurance Group Ltd                                | CUSIP: 000000000<br>LEI: 549300W92BN1FIEXG871 | Long             | EC               | CORP              | BM        |    169191 | NS      | $3681596.16   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                                                     | AZZ Inc                                                     | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     77050 | NS      | $6987664.50   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc                                        | Tenable Holdings Inc                                        | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |     82478 | NS      | $2657441.16   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                                               | MYR Group Inc                                               | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |     25952 | NS      | $4070571.20   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc                                                   | TEGNA Inc                                                   | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    196189 | NS      | $3280280.08   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp                                       | Stifel Financial Corp                                       | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |     64800 | NS      | $6105456.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp                                            | Knife River Corp                                            | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42532 | NS      | $4002261.20   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services Inc                                     | Kodiak Gas Services Inc                                     | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121709 | NS      | $4297544.79   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics Inc                                            | Cytokinetics Inc                                            | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |     84200 | NS      | $2611884.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                                       | Element Solutions Inc                                       | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    130379 | NS      | $2787503.02   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu Inc                                                    | Cohu Inc                                                    | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |    121741 | NS      | $2078118.87   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX Resources Corp                                          | CNX Resources Corp                                          | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |    167367 | NS      | $5402606.76   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc                                      | Digi International Inc                                      | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     99866 | NS      | $3236657.06   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Greif Inc                                                   | Greif Inc                                                   | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |     79997 | NS      | $4447833.20   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Noble Corp PLC                                              | Noble Corp PLC                                              | CUSIP: 000000000<br>LEI: 549300I3HBUNXO0OG954 | Long             | EC               | CORP              | US        |    165443 | NS      | $4098023.11   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I Glass Inc                                               | O-I Glass Inc                                               | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    338177 | NS      | $4433500.47   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp                                  | Standex International Corp                                  | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |     31887 | NS      | $4813023.78   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corp                                        | First Merchants Corp                                        | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |    195379 | NS      | $7365788.30   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Semtech Corp                                                | Semtech Corp                                                | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |     90849 | NS      | $3391393.17   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PennyMac Financial Services In                              | PennyMac Financial Services Inc                             | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |     98865 | NS      | $9491040.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc                                          | Kontoor Brands Inc                                          | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     50904 | NS      | $3492014.40   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp                                               | Renasant Corp                                               | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |    325153 | NS      | $11396612.65  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co                                        | Commercial Metals Co                                        | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |    148015 | NS      | $6896018.85   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc                                        | SPX Technologies Inc                                        | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |     52993 | NS      | $8059705.37   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| HCI Group Inc                                               | HCI Group Inc                                               | CUSIP: 40416E103<br>LEI: 549300CZF7EZJH0MPH74 | Long             | EC               | CORP              | US        |     39380 | NS      | $6646162.60   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy Inc                                             | TXNM Energy Inc                                             | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |    284409 | NS      | $16123146.21  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of California Inc                                      | Banc of California Inc                                      | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    485975 | NS      | $6667577.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                                   | Gates Industrial Corp PLC                                   | CUSIP: 000000000<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | US        |    458968 | NS      | $9707173.20   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings Inc                                      | FirstCash Holdings Inc                                      | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45800 | NS      | $5858278.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products In                              | Installed Building Products Inc                             | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |     15252 | NS      | $2432388.96   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Glacier Bancorp Inc                                         | Glacier Bancorp Inc                                         | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |    273713 | NS      | $11350878.11  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr Cooper Group Inc                                         | Mr Cooper Group Inc                                         | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |     52210 | NS      | $6762761.30   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc                                   | Merit Medical Systems Inc                                   | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |     43850 | NS      | $4167065.50   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DHT Holdings Inc                                            | DHT Holdings Inc                                            | CUSIP: 000000000<br>LEI: 549300SMD6IVZYT74K40 | Long             | EC               | CORP              | BM        |    406579 | NS      | $4708184.82   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc                                                | La-Z-Boy Inc                                                | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |    142006 | NS      | $5948631.34   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Bancorp Inc                                          | Origin Bancorp Inc                                          | CUSIP: 68621T102<br>LEI: 54930055DO2Z4KO3NB45 | Long             | EC               | CORP              | US        |    189825 | NS      | $6471134.25   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Red Rock Resorts Inc                                        | Red Rock Resorts Inc                                        | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71979 | NS      | $3460030.53   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellium SE                                              | Constellium SE                                              | CUSIP: 000000000<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |    269387 | NS      | $3270358.18   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Northpointe Bancshares Inc                                  | Northpointe Bancshares Inc                                  | CUSIP: 66661N886<br>LEI: 549300EYMKMD4WKEKP72 | Long             | EC               | CORP              | US        |    281635 | NS      | $3700683.90   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand Inc                                             | Masterbrand Inc                                             | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |    234549 | NS      | $2392399.80   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolution Medicines Inc                                    | Revolution Medicines Inc                                    | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Long             | EC               | CORP              | US        |     76917 | NS      | $3030529.80   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                                   | Taylor Morrison Home Corp                                   | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |    119219 | NS      | $6709645.32   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                              | Ameris Bancorp                                              | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |    217346 | NS      | $13360258.62  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Ionis Pharmaceuticals Inc                                   | Ionis Pharmaceuticals Inc                                   | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |     42460 | NS      | $1422834.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Valley National Bancorp                                     | Valley National Bancorp                                     | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |    979570 | NS      | $8600624.60   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                                     | Pebblebrook Hotel Trust                                     | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |    400532 | NS      | $3676883.76   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corp                                                 | Kemper Corp                                                 | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |    133536 | NS      | $8510249.28   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy Inc                                    | Patterson-UTI Energy Inc                                    | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |    381301 | NS      | $2104781.52   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo Inc                                                   | Qorvo Inc                                                   | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |     36444 | NS      | $2770472.88   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                                  | Arcosa Inc                                                  | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     93275 | NS      | $8046834.25   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas Inc                                                 | ONE Gas Inc                                                 | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |     77449 | NS      | $5790087.24   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies Inc                                        | TTM Technologies Inc                                        | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |    293025 | NS      | $8749726.50   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| MidWestOne Financial Group Inc                              | MidWestOne Financial Group Inc                              | CUSIP: 598511103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    199365 | NS      | $5731743.75   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Surgery Partners Inc                                        | Surgery Partners Inc                                        | CUSIP: 86881A100<br>LEI: 549300LC82HG33S19I03 | Long             | EC               | CORP              | US        |    110130 | NS      | $2600169.30   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                                  | Korn Ferry                                                  | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     98750 | NS      | $6715987.50   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Laboratories Inc                                    | Silicon Laboratories Inc                                    | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |     20740 | NS      | $2499792.20   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN Inc                                                    | ASGN Inc                                                    | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |    122498 | NS      | $6469119.38   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems Inc                              | Telephone and Data Systems Inc                              | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70618 | NS      | $2426434.48   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Dana Inc                                                    | Dana Inc                                                    | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |    463742 | NS      | $7712029.46   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP Inc                                                 | IDACORP Inc                                                 | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     77006 | NS      | $9159863.70   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc                                                  | Belden Inc                                                  | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |     43999 | NS      | $4672693.80   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Gr                              | Skyward Specialty Insurance Group Inc                       | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |    139094 | NS      | $8811604.90   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp                                                 | Avient Corp                                                 | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |    183670 | NS      | $6635997.10   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodyear Tire & Rubber Co/The                               | Goodyear Tire & Rubber Co/The                               | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |    399746 | NS      | $4561101.86   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                                         | Mercury Systems Inc                                         | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |    114639 | NS      | $5645970.75   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos                                           | Piper Sandler Cos                                           | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |     20961 | NS      | $5270643.45   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC                                     | Cushman & Wakefield PLC                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    333612 | NS      | $3346128.36   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc                                      | CACI International Inc                                      | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      7188 | NS      | $3076464.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc/The                                  | Cheesecake Factory Inc/The                                  | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     32736 | NS      | $1806045.12   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corp                                   | California Resources Corp                                   | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |     60484 | NS      | $2671578.28   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corp                                                  | Terex Corp                                                  | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |     99514 | NS      | $4479125.14   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE FUNDS PRIME OBLIGATIONS FUND | GOLDMAN SACHS FINANCIAL SQUARE FUNDS PRIME OBLIGATIONS FUND | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2414382 | NS      | $2414382.01   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenon Pharmaceuticals Inc                                   | Xenon Pharmaceuticals Inc                                   | CUSIP: 98420N105<br>LEI: 549300XV44Q9Z1MIPQ03 | Long             | EC               | CORP              | CA        |     32931 | NS      | $950059.35    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Thor Industries Inc                                         | Thor Industries Inc                                         | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |     34509 | NS      | $2801785.71   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MGE Energy Inc                                              | MGE Energy Inc                                              | CUSIP: 55277P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47069 | NS      | $4251272.08   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Veracyte Inc                                                | Veracyte Inc                                                | CUSIP: 92337F107<br>LEI: 529900ESWZRHXOW27Z37 | Long             | EC               | CORP              | US        |     54702 | NS      | $1455620.22   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightView Holdings Inc                                     | BrightView Holdings Inc                                     | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |    356276 | NS      | $5550780.08   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Financial System Inc                              | Community Financial System Inc                              | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |    131558 | NS      | $7398821.92   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners In                              | Pinnacle Financial Partners Inc                             | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |     79415 | NS      | $8440226.20   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Blueprint Medicines Corp                                    | Blueprint Medicines Corp                                    | CUSIP: 09627Y109<br>LEI: 5299004CC60O9T5HVM83 | Long             | EC               | CORP              | US        |     15069 | NS      | $1527243.15   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek US Holdings Inc                                       | Delek US Holdings Inc                                       | CUSIP: 24665A103<br>LEI: 5493003O53JMENV1N385 | Long             | EC               | CORP              | US        |    196336 | NS      | $3779468.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Phinia Inc                                                  | Phinia Inc                                                  | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |    110546 | NS      | $4797696.40   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                                         | Terreno Realty Corp                                         | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    150350 | NS      | $8482747.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group Inc                                     | CNO Financial Group Inc                                     | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |    174779 | NS      | $6634610.84   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackLine Inc                                               | BlackLine Inc                                               | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |     71491 | NS      | $3998491.63   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| NeoGenomics Inc                                             | NeoGenomics Inc                                             | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    445680 | NS      | $3244550.40   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Abacus Global Management Inc                                | Abacus Global Management Inc                                | CUSIP: 00258Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    737459 | NS      | $5700558.07   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma Inc                                        | Bridgebio Pharma Inc                                        | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |     65626 | NS      | $2247690.50   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                                                 | Enovis Corp                                                 | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |     43338 | NS      | $1356479.40   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc                                         | STAG Industrial Inc                                         | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |    201605 | NS      | $7173105.90   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining Inc                                            | Coeur Mining Inc                                            | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    872120 | NS      | $7046729.60   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Ladder Capital Corp                                         | Ladder Capital Corp                                         | CUSIP: 505743104<br>LEI: 549300Q6LLV2QCV67C06 | Long             | EC               | CORP              | US        |    522466 | NS      | $5496342.32   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Inc                                                  | Tanger Inc                                                  | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |    159414 | NS      | $4750537.20   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology Inc                                             | CG oncology Inc                                             | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60679 | NS      | $1554595.98   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp                                       | Antero Midstream Corp                                       | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    161919 | NS      | $3040838.82   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive Inc                                      | Group 1 Automotive Inc                                      | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |     20250 | NS      | $8584380.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc                                       | ESCO Technologies Inc                                       | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |     75473 | NS      | $13678726.52  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp                              | Atlantic Union Bankshares Corp                              | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    274622 | NS      | $8244152.44   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Amerant Bancorp Inc                                         | Amerant Bancorp Inc                                         | CUSIP: 023576101<br>LEI: 54930071V6LIG79MTL10 | Long             | EC               | CORP              | US        |    266565 | NS      | $4672884.45   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares Inc                              | First Financial Bankshares Inc                              | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |    127244 | NS      | $4486623.44   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp                                   | Chesapeake Utilities Corp                                   | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |     36659 | NS      | $4479363.21   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Akero Therapeutics Inc                                      | Akero Therapeutics Inc                                      | CUSIP: 00973Y108<br>LEI: 549300SI3KG74LBE2955 | Long             | EC               | CORP              | US        |     46201 | NS      | $2293879.65   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes PLC                                                | Alkermes PLC                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     76107 | NS      | $2329635.27   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                                               | Valvoline Inc                                               | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |    160382 | NS      | $5547613.38   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp                                                | Knowles Corp                                                | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |    484113 | NS      | $7944294.33   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corp                                           | Primo Brands Corp                                           | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |    240252 | NS      | $7945133.64   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc                                      | Patrick Industries Inc                                      | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |     72754 | NS      | $6246658.44   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacific Premier Bancorp Inc                                 | Pacific Premier Bancorp Inc                                 | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |    238822 | NS      | $5063026.40   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria's Secret & Co                                      | Victoria's Secret & Co                                      | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |     72318 | NS      | $1533864.78   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp Inc                                      | ConnectOne Bancorp Inc                                      | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |    322156 | NS      | $7399923.32   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Capital Group Inc                                    | Encore Capital Group Inc                                    | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |    128660 | NS      | $4876214.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Esab Corp                                                   | Esab Corp                                                   | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |     41902 | NS      | $5153526.98   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp                                           | FB Financial Corp                                           | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |    141784 | NS      | $6188871.60   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc                                                  | Rambus Inc                                                  | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     69412 | NS      | $3711459.64   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| UMH Properties Inc                                          | UMH Properties Inc                                          | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |    164213 | NS      | $2757136.27   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Natural Resources Inc                                  | Core Natural Resources Inc                                  | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |     30876 | NS      | $2139706.80   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                                            | TriCo Bancshares                                            | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    146023 | NS      | $5826317.70   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc                                          | Globus Medical Inc                                          | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     56927 | NS      | $3368939.86   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp                                        | MGIC Investment Corp                                        | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |    297325 | NS      | $7864246.25   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                                      | Cousins Properties Inc                                      | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |    182257 | NS      | $5115953.99   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp                                                    | VSE Corp                                                    | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |     54170 | NS      | $7046975.30   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters Inc                                        | Urban Outfitters Inc                                        | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |     43927 | NS      | $3070497.30   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultragenyx Pharmaceutical Inc                               | Ultragenyx Pharmaceutical Inc                               | CUSIP: 90400D108<br>LEI: 529900EV44GVDN1DCX77 | Long             | EC               | CORP              | US        |     34133 | NS      | $1161545.99   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                                              | Flowserve Corp                                              | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     70186 | NS      | $3502983.26   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Lancaster Colony Corp                                       | Lancaster Colony Corp                                       | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |     21768 | NS      | $3643963.20   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Madrigal Pharmaceuticals Inc                                | Madrigal Pharmaceuticals Inc                                | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |      3371 | NS      | $927901.46    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners                                   | Perella Weinberg Partners                                   | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    331757 | NS      | $5762619.09   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-22

**Name of Applicant:** Goldman Sachs Trust

**Signature:** Peter Fortner

**Name of Signer:** Peter Fortner

**Title:** Vice President Assistant Treasurer