# EDGAR Filing Document

**Accession Number:** 0001110502
**File Stem:** 0001752724-23-043963
**Filing Date:** 2023-2
**Character Count:** 73273
**Document Hash:** 96c4d6d47431d5a3bef36367c4aeb355
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-043963.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-043963

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HUSSMAN INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0001110502
- **IRS NUMBER:** 522226627
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09911
- **FILM NUMBER:** 23678583

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3403

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

## Series and Classes Contracts Data

### Hussman Strategic International Fund (Series ID: S000026486)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000079449 | Hussman Strategic International Fund | HSIEX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Hussman Investment Trust

- **b. Investment Company Act file number:** 811-09911

- **c. CIK number of Registrant:** 0001110502

- **d. LEI of Registrant:** 549300EF1SYTJJEUZO63

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

  - **Street Address 1:** 6021 University Blvd.

  - **City:** Ellicott City

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21043

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

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

- **a. Name of Series:** HUSSMAN STRATEGIC INTERNATIONAL FUND

- **b. EDGAR series identifier (if any):** S000026486

- **c. LEI of Series:** 549300MRRZF40C9WBA88

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $14342593.94

**Total Liabilities:** $291463.28

**Net Assets:** $14051130.66

**Cash Not Reported:** $7508.20

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000079449 | -0.59%               | 0.04%                | 0.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-5045.37                | $782330.08                                 |
| Month 2  | $-97579.27               | $1444762.36                                |
| Month 3  | $39348.46                | $-169244.55                                |

**Designated Index Information**

- **Index Name:** Hussman Strat Intl Fund DRP

- **Index Identifier:** J3JIG5G4RN

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Feed One Co Ltd                                       | Feed One Co., Ltd.                                      | CUSIP: J1346M102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3000 | NS      | $16285.11     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| International Distributions Services PLC              | International Distributions Services PLC 14             | CUSIP: G7368G108<br>LEI: 213800TCZZU84G8Z2M70 | Long             | EC               | CORP              | GB        |     16000 | NS      | $41010.29     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercedes-Benz Group AG                                | Daimler Truck Holding AG                                | CUSIP: D1668R123<br>LEI: 529900R27DL06UVNT076 | Long             | EC               | CORP              | DE        |      3300 | NS      | $101478.84    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonic Healthcare Ltd.                                 | Sonic Healthcare Ltd.                                   | CUSIP: Q8563C107<br>LEI: 549300NQQ5L2NONWR862 | Long             | EC               | CORP              | AU        |      2000 | NS      | $40697.95     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Daito Trust Construction Co                           | The Daito Trust Construction Company, Ltd.              | CUSIP: J11151107<br>LEI: 353800QQ4DRI3KXS3038 | Long             | EC               | CORP              | JP        |       500 | NS      | $51183.25     | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaga Electronics Co                                   | Kaga Electronics Co., Ltd.                              | CUSIP: J28922102<br>LEI: 3538005V2HARHWLTPJ42 | Long             | EC               | CORP              | JP        |      4000 | NS      | $123422.36    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Accent Group Ltd.                                     | Accent Group Limited                                    | CUSIP: Q0R618101<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     52000 | NS      | $59321.14     | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Bekaert SA                                            | Bekaert SA                                              | CUSIP: B6346B111<br>LEI: 5493008SR6XZECH6BN71 | Long             | EC               | CORP              | BE        |      1000 | NS      | $38874.95     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Jupiter Fund Management PLC                           | Jupiter Fund Management plc                             | CUSIP: G5207P107<br>LEI: 5493003DJ1G01IMQ7S28 | Long             | EC               | CORP              | GB        |      8000 | NS      | $12843.02     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| IGM Financial Inc                                     | IGM Financial, Inc.                                     | CUSIP: 449586106<br>LEI: 254900RYHLVJNTUFDA95 | Long             | EC               | CORP              | CA        |      3500 | NS      | $97714.10     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollarama Inc                                         | Dollarama, Inc.                                         | CUSIP: 25675T107<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | EC               | CORP              | CA        |      1700 | NS      | $99429.82     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Harvey Norman Holdings Ltd.                           | Harvey Norman Holdings Limited                          | CUSIP: Q4525E117<br>LEI: 529900ONRWOF42PYKU59 | Long             | EC               | CORP              | AU        |     24000 | NS      | $67241.22     | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Bpost SA                                              | bpost SA                                                | CUSIP: B1306V108<br>LEI: 5493008AAX0BESN9WN06 | Long             | EC               | CORP              | BE        |     10000 | NS      | $51427.63     | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| CI Financial Corp                                     | CI Financial Corporation                                | CUSIP: 125491100<br>LEI: 549300M9W7JJQSVCEM78 | Long             | EC               | CORP              | CA        |      7100 | NS      | $70845.30     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| IPH Ltd.                                              | IPH Ltd.                                                | CUSIP: Q496B9100<br>LEI: 529900KRTADQ17ANK140 | Long             | EC               | CORP              | AU        |     10000 | NS      | $58768.89     | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Corp                                       | Mitsubishi Corporation                                  | CUSIP: J43830116<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | EC               | CORP              | JP        |      2500 | NS      | $81149.00     | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Rakuten Group Inc                                     | Rakuten, Inc.                                           | CUSIP: J64264104<br>LEI: 529900IMXUCQKUL1H943 | Long             | EC               | CORP              | JP        |      5000 | NS      | $22531.76     | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Takasago Intl Corp                                    | Takasago International Corporation                      | CUSIP: J80937113<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4000 | NS      | $77118.70     | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Celestica Inc.                                        | Celestica, Inc.                                         | CUSIP: 15101Q108<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |      7000 | NS      | $78895.08     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Serco Group PLC                                       | Serco Group Plc.                                        | CUSIP: G80400107<br>LEI: 549300PT2CIHYN5GWJ21 | Long             | EC               | CORP              | GB        |     32000 | NS      | $60114.60     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Tomoku Co., Ltd.                                      | Tomoko Company Ltd.                                     | CUSIP: J89236103<br>LEI: 353800L6Q5CBPI6NIQ21 | Long             | EC               | CORP              | JP        |      3000 | NS      | $38471.07     | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| ACS Actividades De Construccion Y Servicios S.A.      | ACS Actividades de Construccion y Servicios S.A.        | CUSIP: E7813W163<br>LEI: 95980020140005558665 | Long             | EC               | CORP              | ES        |      3000 | NS      | $85867.08     | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Western Bank                                 | Canadian Western Bank                                   | CUSIP: 13677F101<br>LEI: 549300QG7XFGLKN6HL17 | Long             | EC               | CORP              | CA        |      4000 | NS      | $71080.91     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Laboratorios Farmaceuticos ROVI SA                    | Laboratorios Farmaceuticos Rovi                         | CUSIP: E6996D109<br>LEI: 95980020140005936480 | Long             | EC               | CORP              | ES        |       900 | NS      | $34794.94     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Orange S.A.                                           | Orange S.A.                                             | CUSIP: F6866T100<br>LEI: 969500MCOONR8990S771 | Long             | EC               | CORP              | FR        |      9800 | NS      | $97266.63     | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Ipsen SA                                              | IPSEN SA                                                | CUSIP: F5362H107<br>LEI: 549300M6SGDPB4Z94P11 | Long             | EC               | CORP              | FR        |       500 | NS      | $53796.81     | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| World Holdings Co Ltd                                 | World Holdings Co.,Ltd.                                 | CUSIP: J9520N101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2500 | NS      | $47482.47     | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Strabag SE                                            | Strabag SE-BR                                           | CUSIP: A8363A118<br>LEI: 529900TYYSRJH2VJSP60 | Long             | EC               | CORP              | AU        |      2000 | NS      | $83734.88     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Parex Resources Inc.                                  | Parex Resources, Inc.                                   | CUSIP: 69946Q104<br>LEI: 549300U7LWRGTY6XWK67 | Long             | EC               | CORP              | CA        |      3200 | NS      | $47623.62     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Honda Motor Co Ltd.                                   | HONDA MOTOR COMPANY                                     | CUSIP: J22302111<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | EC               | CORP              | JP        |      4000 | NS      | $91221.44     | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Super Retail Group Ltd.                               | SUPER RETAIL GROUP LTD                                  | CUSIP: Q88009107<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     12000 | NS      | $87086.49     | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Transcontinental Inc.                                 | TRANSCONTINENTAL, INC. CLASS A                          | CUSIP: 893578104<br>LEI: 549300C86G4JLR01YF53 | Long             | EC               | CORP              | CA        |      3000 | NS      | $33856.49     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Swisscom AG                                           | SWISSCOM AG - REG                                       | CUSIP: H8398N104<br>LEI: 5493005SL9HHOXS3B739 | Long             | EC               | CORP              | CH        |       125 | NS      | $68480.84     | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Tesco PLC                                             | Tesco plc                                               | CUSIP: G8T67X102<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | EC               | CORP              | US        |     25000 | NS      | $67367.18     | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercedes-Benz Group AG                                | Mercedes-Benz Group AG                                  | CUSIP: D1668R123<br>LEI: 529900R27DL06UVNT076 | Long             | EC               | CORP              | DE        |       800 | NS      | $52332.02     | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Hi-Fi                                              | JB HI-FI LIMITED                                        | CUSIP: Q5029L101<br>LEI: 529900TPC8H040Y3ZQ65 | Long             | EC               | CORP              | AU        |      3800 | NS      | $108295.71    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Spin Master Corporation                               | Spin Master Corp-Sub VTG SHR                            | CUSIP: 848510103<br>LEI: 549300JH0ZG8BVEPRY76 | Long             | EC               | CORP              | CA        |      3000 | NS      | $73828.43     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Leasing Company Limited                        | Mizuho Leasing Company Ltd.                             | CUSIP: J2308V106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1800 | NS      | $45504.01     | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Towa Pharm Co Ltd                                     | YAHOO JAPAN CORPORATION                                 | CUSIP: J90505108<br>LEI: 35380036BH1C3PNO2426 | Long             | EC               | CORP              | JP        |     16000 | NS      | $39953.86     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Eurofins Scientific SE                                | Eurofins Scientific                                     | CUSIP: L31839134<br>LEI: 529900JEHFM47DYY3S57 | Long             | EC               | CORP              | FR        |       600 | NS      | $43092.14     | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| IA Financial Corporation                              | iA Financial Corporation, Inc. Servies, Inc.            | CUSIP: 45075E104<br>LEI: 549300ZXLJVHQAIXV215 | Long             | EC               | CORP              | CA        |      2000 | NS      | $117094.43    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonae SGPS S.A.                                       | SONAE S.G.P.S., SA                                      | CUSIP: X8252W176<br>LEI: 549300847SOBT7HY7R50 | Long             | EC               | CORP              | PT        |     95000 | NS      | $95201.11     | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Transcosmos Inc                                       | Transcosmos Inc                                         | CUSIP: J9297T109<br>LEI: 353800AAR1GYRFDRTV97 | Long             | EC               | CORP              | JP        |      2000 | NS      | $49105.89     | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Semperit AG Holding                                   | Semperit AG Holding                                     | CUSIP: A76473122<br>LEI: 529900PG9O7YFYX5UM88 | Long             | EC               | CORP              | AT        |      1500 | NS      | $31786.99     | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Pharma Foods Inter                                    | Pharma Foods International Co., Ltd.                    | CUSIP: J6366P109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2000 | NS      | $19977.08     | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius Medical Care AG & Co. KGaA                  | Fresenius Medical Care AG & Company                     | CUSIP: D2734Z107<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |      2000 | NS      | $65345.14     | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Hikma Pharmaceuticals PLC                             | HIKMA PHARMACEUTICALS PLC                               | CUSIP: G4576K104<br>LEI: 549300BNS685UXH4JI75 | Long             | EC               | CORP              | GB        |      2000 | NS      | $37269.28     | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Ald S.A.                                              | ALD SA                                                  | CUSIP: F0195N108<br>LEI: 969500E7V019H9NP7427 | Long             | EC               | CORP              | FR        |      9500 | NS      | $109644.31    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Komeri Co Ltd                                         | KOMERI CO., LTD.                                        | CUSIP: J3590M101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4500 | NS      | $93260.82     | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Nisso Corporation                                     | Nisso Corporation                                       | CUSIP: J58108101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6000 | NS      | $26203.88     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                  | Royal Bank of Canada                                    | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |       500 | NS      | $47010.60     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Logitech International SA                             | Logitech International S.A.                             | CUSIP: H50430232<br>LEI: 549300SN6PRK6IJJC215 | Long             | EC               | CORP              | CH        |       500 | NS      | $31006.74     | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| SG Fleet Group Ltd.                                   | SG Fleet Group Ltd                                      | CUSIP: Q8T58M106<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     32000 | NS      | $39652.31     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Ibj Inc                                               | IBJ, Inc.                                               | CUSIP: J2306H109<br>LEI: 3538007R4USIYYLQCD79 | Long             | EC               | CORP              | JP        |      9000 | NS      | $66595.01     | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Belluna Co Ltd                                        | Belluna Co Ltd.                                         | CUSIP: J0428W103<br>LEI: 353800Q8P5LM0569VS75 | Long             | EC               | CORP              | JP        |     11500 | NS      | $59215.14     | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui-Soko Holdings Co. Ltd.                         | Mitsui-Soko Holdings Co., Ltd.                          | CUSIP: J45314101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2000 | NS      | $54345.65     | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| ICE FUTURES U.S.                                      | Mini MSCI EAFE Index Future 3/17/2023                   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Short            | DE               | CORP              | US        |       -75 | NS      | $119814.75    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Co Ltd                                          | ASAHI COMPANY, LTD.                                     | CUSIP: J02571107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7000 | NS      | $72893.63     | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| SThree PLC                                            | SThree plc                                              | CUSIP: G8499E103<br>LEI: 2138003NEBX5VRP3EX50 | Long             | EC               | CORP              | US        |      5000 | NS      | $24358.70     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Canada Goose Holdings Inc.                            | Canada Goose Holdings, Inc.                             | CUSIP: 135086106<br>LEI: 529900891XBE6RV8JR07 | Long             | EC               | CORP              | CA        |      1800 | NS      | $32013.00     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Axa SA                                                | AXA S.A.                                                | CUSIP: F06106102<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |      3500 | NS      | $97524.31     | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd.                                        | BHP Billiton Ltd.                                       | CUSIP: Q1498M100<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |      3000 | NS      | $92921.49     | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| PostNL N.V.                                           | PostNL N.V.                                             | CUSIP: N7203C108<br>LEI: 724500Q41FHN0P1GPC53 | Long             | EC               | CORP              | NL        |     15000 | NS      | $27360.00     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| B&M European Value Retail SA                          | B & M European Value Retail SA                          | CUSIP: L1175H106<br>LEI: 213800UK7ZRLY2K1X530 | Long             | EC               | CORP              | GB        |     17500 | NS      | $86860.63     | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Iress Ltd.                                            | IRESS Limited                                           | CUSIP: Q49822101<br>LEI: 5493006KZJMJI8PQXA35 | Long             | EC               | CORP              | AU        |      9000 | NS      | $58169.39     | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Short-Term Invts T                                    | Invesco Short-Term Investments Trust Treasury Portfolio | CUSIP: 825252406<br>LEI: 549300UJV6OHYATSFU27 | Long             | STIV             | RF                | US        |   1084673 | NS      | $1084672.98   | 7.72%             |  |  |  | No            |                  1 | On Loan: No      |
| NGK Spark Plug Co Ltd.                                | NGK SPARK PLUG CO., LTD.                                | CUSIP: J49119100<br>LEI: 549300RG3XQGTFM4HH31 | Long             | EC               | CORP              | JP        |      4000 | NS      | $73296.59     | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Hera SpA                                              | Hera Spa                                                | CUSIP: T5250M106<br>LEI: 8156009414FD99443B48 | Long             | EC               | CORP              | IT        |     18000 | NS      | $48564.75     | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Yara International ASA                                | YARA INTERNATIONAL ASA                                  | CUSIP: R9900C106<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | EC               | CORP              | NO        |      1800 | NS      | $79054.36     | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Mapfre SA                                             | Mapfre S.A.                                             | CUSIP: E7347B107<br>LEI: 95980020140005693107 | Long             | EC               | CORP              | ES        |     42000 | NS      | $81274.16     | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Terrasky Co Ltd                                       | Terrasky Co LTD                                         | CUSIP: J8321F101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1800 | NS      | $33202.06     | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Hennes & Mauritz AB                                   | Hennes & Mauritz AB                                     | CUSIP: W41422101<br>LEI: 529900O5RR7R39FRDM42 | Long             | EC               | CORP              | SE        |      6000 | NS      | $64666.68     | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Moncler S.p.A.                                        | Moncler S.p.A.                                          | CUSIP: T6730E110<br>LEI: 815600EBD7FB00525B20 | Long             | EC               | CORP              | IT        |      1000 | NS      | $53153.20     | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Domino's Pizza Group PLC                              | Domino's Pizza Group PLC                                | CUSIP: G28113101<br>LEI: 213800Q6ZKHAOV48JL75 | Long             | EC               | CORP              | US        |     20000 | NS      | $70936.39     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| HORNBACH Holding KGaA                                 | HORNBACH Holding AG & Co. KGaA                          | CUSIP: D33875119<br>LEI: 529900EGQZ79V21LBL44 | Long             | EC               | CORP              | DE        |       500 | NS      | $41351.11     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Plus500 Ltd.                                          | Plus500 Ltd                                             | CUSIP: M7S2CK109<br>LEI: 549300X8NGW9C5OJZU13 | Long             | EC               | CORP              | IL        |      5000 | NS      | $108548.31    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK plc                                               | GlaxoSmithKline plc                                     | CUSIP: G3910J179<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | US        |      7000 | NS      | $120974.47    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Leonardo S.p.A.                                       | Leonardo-Finmeccanica SpA                               | CUSIP: T6S996112<br>LEI: 529900X4EEX1U9LN3U39 | Long             | EC               | CORP              | IT        |      8500 | NS      | $73333.02     | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| North West Co Inc                                     | North West Co Inc                                       | CUSIP: 663278208<br>LEI: 254900VT1HQAZR3IVM76 | Long             | EC               | CORP              | CA        |      2500 | NS      | $65678.20     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Post Insurance Co Ltd.                          | Japan Post Insurance Co. Ltd.                           | CUSIP: J2800E107<br>LEI: 54930042SK2Z708BA841 | Long             | EC               | CORP              | JP        |      2000 | NS      | $35168.63     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwabo Co Ltd                                        | Daiwabo Holdings Company Ltd.                           | CUSIP: J11256104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2000 | NS      | $29315.97     | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Aurizon Holdings Ltd                                  | AURIZON HOLDINGS LTD                                    | CUSIP: Q0695Q104<br>LEI: 5299005PC1O6NOWL3H48 | Long             | EC               | CORP              | AU        |     20000 | NS      | $50663.69     | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Kmd Brands Ltd.                                       | KATHMANDU HOLDINGS LTD                                  | CUSIP: Q5213W103<br>LEI: N/A                  | Long             | EC               | CORP              | NZ        |     40000 | NS      | $26130.81     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Smartgroup Corp Ltd.                                  | Smartgroup Corp LTD                                     | CUSIP: Q8515C106<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     10000 | NS      | $34621.45     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Sugi Holdings Co., Ltd.                               | Sugi Holdings Company Limited                           | CUSIP: J7687M106<br>LEI: 529900N86BFWB1FADG87 | Long             | EC               | CORP              | JP        |       600 | NS      | $26680.22     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Eutelsat Communications SA                            | Eutelsat Communications S.A.                            | CUSIP: F3692M128<br>LEI: 549300EFWH9UR17YSK05 | Long             | EC               | CORP              | FR        |      8000 | NS      | $59649.57     | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| The Navigator Company SA                              | The Navigator Co SA                                     | CUSIP: X67182109<br>LEI: 549300UNIB7M2AXUXS35 | Long             | EC               | CORP              | PT        |     20000 | NS      | $73970.08     | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Open Text Corp                                        | Open Text Corpation                                     | CUSIP: 683715106<br>LEI: 549300HP7ONDQODZJV16 | Long             | EC               | CORP              | CA        |      1800 | NS      | $53337.27     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Elkem ASA                                             | Elkem ASA                                               | CUSIP: R2R86R113<br>LEI: 549300CVBE06T0SH6T76 | Long             | EC               | CORP              | NO        |     18000 | NS      | $64790.69     | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| BASF SE                                               | BASF SE                                                 | CUSIP: D06216317<br>LEI: 529900PM64WH8AF1E917 | Long             | EC               | CORP              | DE        |      2000 | NS      | $98507.50     | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Eldorado Gold Corp                                    | ELDORADO GOLD CORP                                      | CUSIP: N/A<br>LEI: 5493004PWQ01YDD1IH62       | Long             | EC               | CORP              | CA        |      4000 | NS      | $33354.26     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ProSiebenSat.1 Media SE                               | PROSIEBEN SAT.1 MEDIA AG-                               | CUSIP: D6216S143<br>LEI: 529900NY0WWQUKOMWQ37 | Long             | EC               | CORP              | DE        |      7500 | NS      | $66544.78     | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                           | Novartis AG                                             | CUSIP: H5820Q150<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |      1400 | NS      | $126704.66    | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Volkswagen Aktiengesellschaft                         | Volkswagon AG                                           | CUSIP: D94523145<br>LEI: 529900NNUPAGGOMPXZ31 | Long             | EC               | CORP              | DE        |       300 | NS      | $47077.19     | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Kinross Gold Corporation                              | Kinross Gold Corporation                                | CUSIP: 496902404<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |      4000 | NS      | $16307.84     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CropEnergies AG                                       | CropEnergies AG                                         | CUSIP: D16327104<br>LEI: 529900FXN57YQ7H5S098 | Long             | EC               | CORP              | DE        |      7500 | NS      | $104397.19    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Acea S.p.A                                            | ACEA SpA                                                | CUSIP: T0040K106<br>LEI: 549300Q3448N041CTH56 | Long             | EC               | CORP              | IT        |       750 | NS      | $10368.49     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedish Orphan Biovitrum AB                           | Swedish Orphan Biovitrum AB                             | CUSIP: W95637117<br>LEI: 549300124Y3MQI87PT35 | Long             | EC               | CORP              | SE        |      2400 | NS      | $49678.93     | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Enagas SA                                             | ENAGAS SA                                               | CUSIP: E41759106<br>LEI: 213800OU3FQKGM4M2U23 | Long             | EC               | CORP              | ES        |      1000 | NS      | $16633.62     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp.                                    | Toyota Motor Corporation                                | CUSIP: J92676113<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |      5000 | NS      | $68201.81     | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Airtel Africa PLC                                     | Airtel Africa PLC                                       | CUSIP: G01415101<br>LEI: 254900ZNZDQL6OWQH623 | Long             | EC               | CORP              | GB        |     30000 | NS      | $40422.25     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Hokkaido Electric Power Co Inc                        | Hokkaido Electric Power Co., Inc.                       | CUSIP: J21378104<br>LEI: 353800XDXIIZDHUO0J51 | Long             | EC               | CORP              | JP        |     20000 | NS      | $70644.71     | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| NN Group N.V.                                         | NN Group N.V.                                           | CUSIP: N64038107<br>LEI: 724500OHYNDT9OY6Q215 | Long             | EC               | CORP              | NL        |      2000 | NS      | $81809.50     | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holdings AG                                     | Roche Holdings AG                                       | CUSIP: H69293217<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |       450 | NS      | $141416.08    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Aperam SA                                             | APERAM SA                                               | CUSIP: L0187K107<br>LEI: 5493001136GE6L4R7M63 | Long             | EC               | CORP              | LU        |      1500 | NS      | $47585.03     | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius SE & Co. KGaA                               | Fresenius SE & Company KGaA                             | CUSIP: D27348263<br>LEI: XDFJ0CYCOO1FXRFTQS51 | Long             | EC               | CORP              | DE        |      3000 | NS      | $83821.47     | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Watkin Jones PLC                                      | Watkins Jones PLC                                       | CUSIP: G94793109<br>LEI: 2138009X19O21NU5SG79 | Long             | EC               | CORP              | GB        |     20000 | NS      | $24286.57     | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                                   | DEUTSCHE TELEKOM AG                                     | CUSIP: D2035M136<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |      4000 | NS      | $79610.77     | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| erex Co.,Ltd                                          | Erex Co, LTD.                                           | CUSIP: J29998101<br>LEI: 353800M1CP26TVM2CO37 | Long             | EC               | CORP              | JP        |      5500 | NS      | $90957.31     | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| OMV AG                                                | OMV AG                                                  | CUSIP: A51460110<br>LEI: 549300V62YJ9HTLRI486 | Long             | EC               | CORP              | AT        |      1200 | NS      | $61748.10     | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| BRP Inc.                                              | BRP, Inc. Subordinate Voting                            | CUSIP: 05577W200<br>LEI: 529900EPQGESIRCPY551 | Long             | EC               | CORP              | CA        |       500 | NS      | $38121.79     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                   | S&P INDEX OPTION                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |        12 | NS      | $92328.00     | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Demant A/S                                            | Demant A/S 2.70%, Due 3/27/24                           | CUSIP: K3008M105<br>LEI: 213800RM6L9LN78BVA56 | Long             | EC               | CORP              | DK        |      2800 | NS      | $78091.26     | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Konica Minolta Inc                                    | Konica Minolta, Inc.                                    | CUSIP: J36060119<br>LEI: 549300SVK6KRUOL1A740 | Long             | EC               | CORP              | JP        |      5000 | NS      | $19918.35     | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Econocom Group                                        | Econocom Group SE                                       | CUSIP: B33899178<br>LEI: 5493006G5O9JP185PU76 | Long             | EC               | CORP              | BE        |     28000 | NS      | $85438.53     | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Centamin PLC                                          | Centamin plc                                            | CUSIP: G2055Q105<br>LEI: 213800PDI9G7OUKLPV84 | Long             | EC               | CORP              | GB        |     30000 | NS      | $40992.96     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Proximus S.A                                          | Proximus SA                                             | CUSIP: B6951K109<br>LEI: 549300CWRXC5EP004533 | Long             | EC               | CORP              | BE        |      3000 | NS      | $28973.47     | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Publicis Groupe SA                                    | Publicis Groupe Sa                                      | CUSIP: F7607Z165<br>LEI: 2138004KW8BV57III342 | Long             | EC               | CORP              | FR        |       500 | NS      | $31950.96     | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Telnet Group Holdings NV                              | TELENET GROUP HOLDING NV                                | CUSIP: B89957110<br>LEI: 213800FA3K4S56INQI67 | Long             | EC               | CORP              | BE        |      2600 | NS      | $42482.23     | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Manulife Financial Corporation                        | Manulife Financial Corporation                          | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |      5500 | NS      | $98101.85     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Canon Inc.                                            | Canon, Inc.                                             | CUSIP: J05124144<br>LEI: 529900JH1GSC035SSP77 | Long             | EC               | CORP              | JP        |      3000 | NS      | $64921.82     | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Telekom Austria Aktiengesellschaft                    | TELEKOM AUSTRIA AG                                      | CUSIP: A8502A102<br>LEI: 529900KCNFQU5OJH7L33 | Long             | EC               | CORP              | AT        |     14000 | NS      | $86531.50     | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard Inc.                         | Alimentation Couche-Tard, Inc.                          | CUSIP: 01626P148<br>LEI: 549300OSW32RVX8CCZ87 | Long             | EC               | CORP              | CA        |      1800 | NS      | $79101.89     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Chemical Co Ltd                              | Sumitomo Chemical Company Ltd.                          | CUSIP: J77153120<br>LEI: 353800RSAU9BD8U4DM91 | Long             | EC               | CORP              | JP        |     13500 | NS      | $48398.18     | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Wacom Co Ltd                                          | Wacom Co LTD                                            | CUSIP: J9467Z109<br>LEI: 353800R3B771OQOQPT02 | Long             | EC               | CORP              | JP        |     24000 | NS      | $106078.13    | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonica, S.A.                                      | Telefonica S.A.                                         | CUSIP: 879382109<br>LEI: 549300EEJH4FEPDBBR25 | Long             | EC               | CORP              | ES        |     15000 | NS      | $54318.28     | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandfire Resources Ltd.                               | Sandfire Resources NL                                   | CUSIP: Q82191109<br>LEI: 213800ZW52P23FVH1V47 | Long             | EC               | CORP              | AU        |     10000 | NS      | $36978.77     | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| T&D Holdings Inc                                      | T&D Holdings, Inc.                                      | CUSIP: J86796109<br>LEI: 3538008ARJ1MACEWA242 | Long             | EC               | CORP              | JP        |      4000 | NS      | $57249.82     | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Kohnan Shoji Co Ltd                                   | Kohnan Shoji Co LTD.                                    | CUSIP: J3479K101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3000 | NS      | $77873.66     | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto PLC                                         | Rio Tinto Plc                                           | CUSIP: G75754104<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |      1200 | NS      | $84455.14     | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Towa Pharm Co Ltd                                     | Towa Pharmaceutical Company Ltd.                        | CUSIP: J90505108<br>LEI: 35380036BH1C3PNO2426 | Long             | EC               | CORP              | JP        |      5500 | NS      | $88769.58     | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Metropole Television-(M6)                             | Metropole Telivision SA                                 | CUSIP: F62379114<br>LEI: 96950018NOMJX5XRH047 | Long             | EC               | CORP              | FR        |      6500 | NS      | $106848.51    | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Neinor Homes SA                                       | Neinor Homes, S.L.U.                                    | CUSIP: E7647E108<br>LEI: 959800FW4JL65YWSQ217 | Long             | EC               | CORP              | ES        |      8000 | NS      | $69938.86     | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| BT Group PLC                                          | BT Group plc                                            | CUSIP: G16612106<br>LEI: 213800LRO7NS5CYQMN21 | Long             | EC               | CORP              | GB        |     30000 | NS      | $40505.51     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Great-West Lifeco Incorporation                       | Great-West Lifeco, Inc.                                 | CUSIP: 39138C106<br>LEI: 549300X81X4VZEESFU46 | Long             | EC               | CORP              | CA        |      4300 | NS      | $99405.44     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Indra Sistemas S.A.                                   | Indra Sistemas S.A.                                     | CUSIP: E6271Z155<br>LEI: 95980020140005308793 | Long             | EC               | CORP              | ES        |      9000 | NS      | $102622.52    | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Tourmaline Oil Corp.                                  | TOURMALINE OIL CORP                                     | CUSIP: 89156V106<br>LEI: 549300EWGW5PUCV5A109 | Long             | EC               | CORP              | CA        |      1000 | NS      | $50459.77     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Meko AB                                               | Mekonomen AB                                            | CUSIP: W5615X116<br>LEI: 529900R809HC1RFRQA91 | Long             | EC               | CORP              | SE        |      9500 | NS      | $102447.80    | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| IG Group Holdings PLC                                 | IG Group Holdings PLC                                   | CUSIP: G4753Q106<br>LEI: 2138003A5Q1M7ANOUD76 | Long             | EC               | CORP              | GB        |     11000 | NS      | $103638.46    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Ackermans En Van Haaren NV                            | Ackermans & van Haaren NV                               | CUSIP: B01165156<br>LEI: 5493005E2GHATS0Z6J59 | Long             | EC               | CORP              | BE        |       400 | NS      | $68674.34     | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Rubber Industries Ltd.                       | Sumitomo Rubber Industries Ltd.                         | CUSIP: J77884112<br>LEI: 353800JD4V72SJ3EOX37 | Long             | EC               | CORP              | JP        |      4000 | NS      | $34756.81     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| NGK Insulators Ltd                                    | NGK Insulators Ltd.                                     | CUSIP: J49076110<br>LEI: 353800701BNCL25VYY16 | Long             | EC               | CORP              | JP        |      5500 | NS      | $69715.61     | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Australian Clinical Labs Ltd.                         | Australian Clinical Labs Ltd.                           | CUSIP: Q0R979107<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     20000 | NS      | $40633.98     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                                | SAP SE                                                  | CUSIP: D66992104<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |       400 | NS      | $41308.96     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Atresmedia Corporacion De Medios De Comunicacion, S.A | Atresmedia Corporacion de Medios de Comunicacion, S.A.  | CUSIP: E0728T102<br>LEI: 95980020140005491929 | Long             | EC               | CORP              | ES        |     23000 | NS      | $78598.16     | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Colruyt SA                                            | Etablissements Franz Colruyt N.V.                       | CUSIP: B26882231<br>LEI: 5493000O0NZ1BCXO8K39 | Long             | EC               | CORP              | BE        |      1500 | NS      | $34269.07     | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| RTL Group                                             | RTL Group S.A.                                          | CUSIP: L80326108<br>LEI: 5493000C8J3C3SZYS040 | Long             | EC               | CORP              | LU        |      2450 | NS      | $103214.87    | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Concentric AB                                         | Concentric AB                                           | CUSIP: W2406H103<br>LEI: 5493002G9GMTKIP3PW19 | Long             | EC               | CORP              | SE        |      4500 | NS      | $84067.92     | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Bic (Societe Bic SA)                                  | SOCIETE BIC SA                                          | CUSIP: F10080103<br>LEI: 969500UR00DF63I0VH67 | Long             | EC               | CORP              | FR        |      1200 | NS      | $82168.73     | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Raiznext Corporation                                  | Raiznext Corp                                           | CUSIP: J73456105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5000 | NS      | $49837.67     | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| KYB Corporation                                       | KYB Corporation                                         | CUSIP: J31803109<br>LEI: 353800TNYJJSI69KPE33 | Long             | EC               | CORP              | JP        |      1800 | NS      | $46171.30     | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Panasonic Corp                                        | Panasonic Corporation                                   | CUSIP: J6354Y104<br>LEI: 254900GE1G59KGWPHX32 | Long             | EC               | CORP              | JP        |      5000 | NS      | $41838.41     | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Post AG                                      | Deutsche Post AG                                        | CUSIP: D19225107<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |      1500 | NS      | $56157.23     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Enigmo Inc                                            | Enigmo Inc.                                             | CUSIP: J13589106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10500 | NS      | $50731.73     | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Pressance Corporat                                    | Pressance Corp                                          | CUSIP: J6437H102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6000 | NS      | $69973.64     | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland N.V.                                    | ASR Nederland NV                                        | CUSIP: N0709G103<br>LEI: 7245000G0HS48PZWUD53 | Long             | EC               | CORP              | NL        |      1300 | NS      | $61787.19     | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Talanx AG                                             | Talanx AG                                               | CUSIP: D82827110<br>LEI: 5299006ZIILJ6VJVSJ32 | Long             | EC               | CORP              | DE        |      2100 | NS      | $99028.18     | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Europris ASA                                          | Europris ASA                                            | CUSIP: R2R97J126<br>LEI: 5967007LIEEXZXGA8G28 | Long             | EC               | CORP              | NO        |     16000 | NS      | $112087.88    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimamura Corp                                        | Shimamura Company Ltd.                                  | CUSIP: J72208101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       400 | NS      | $39855.28     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Carrefour S.A.                                        | Carrefour S.A.                                          | CUSIP: F13923119<br>LEI: 549300B8P6MUJ1YWTS08 | Long             | EC               | CORP              | FR        |      4700 | NS      | $78636.11     | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosegur - Compania de Seguridad S.A.                 | Prosegur Seguridad                                      | CUSIP: E83453188<br>LEI: 549300N94L4D5NDBFG97 | Long             | EC               | CORP              | ES        |     25000 | NS      | $47435.16     | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercialys S.A.                                        | Mercialys SA                                            | CUSIP: F61573105<br>LEI: 969500081CGAXB7YS433 | Long             | EC               | CORP              | FR        |     10600 | NS      | $110940.76    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon PLC                                            | Haleon plc                                              | CUSIP: G4232K100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | US        |      7000 | NS      | $27694.45     | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Bayerische Motoren Werke AG                           | BAYERISCHE MOTOREN WERKE                                | CUSIP: D12096109<br>LEI: YEH5ZCD6E441RHVHD759 | Long             | EC               | CORP              | DE        |      1400 | NS      | $123987.13    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Group AG                                          | UBS Group AG                                            | CUSIP: H42097107<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |      3000 | NS      | $55762.29     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Semapa Sociedade de Investimento e Gestao SGPS SA     | Semapa-Sociedade de Investimento e Gestao               | CUSIP: X7936A113<br>LEI: 549300HNGOW85KIOH584 | Long             | EC               | CORP              | PT        |      7600 | NS      | $100863.72    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| FDM Group (Holdings) PLC                              | FDM Group Holdings PLC                                  | CUSIP: G3405Y129<br>LEI: 213800YR62D7GUZLMZ71 | Long             | EC               | CORP              | GB        |      1500 | NS      | $13581.63     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Watches of Switzerland Group PLC                      | Watches of Switzerland Group PLC                        | CUSIP: G94648105<br>LEI: 2138008ZOT5K9PJW7168 | Long             | EC               | CORP              | US        |      1500 | NS      | $14654.70     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Rengo Co., Ltd.                                       | Rengo, Co., Limited                                     | CUSIP: J64382104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6500 | NS      | $44598.67     | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Solutions 30 SE                                       | Solutions 30 SE                                         | CUSIP: L86508113<br>LEI: 2221003G8BRH3CPABK72 | Long             | EC               | CORP              | LU        |      8000 | NS      | $14719.72     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Television Francaise 1 SA                             | Television Francaise                                    | CUSIP: F91255103<br>LEI: 969500WQFC6OAQYG7E65 | Long             | EC               | CORP              | FR        |     10000 | NS      | $76791.78     | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| NOS SGPS SA                                           | NOS SGPS SA                                             | CUSIP: X5S8LH105<br>LEI: 5493004DM8FGIY6QKF37 | Long             | EC               | CORP              | PT        |     17500 | NS      | $70906.95     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| A2A S.p.A.                                            | A2A SpA                                                 | CUSIP: T0579B105<br>LEI: 81560076E3944316DB24 | Long             | EC               | CORP              | IT        |     67000 | NS      | $89356.15     | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Toppan Inc                                            | Toppan Inc.                                             | CUSIP: 890747108<br>LEI: 3538003H9W4KIDODQY20 | Long             | EC               | CORP              | JP        |      3000 | NS      | $44295.40     | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Hexpol AB                                             | HEXPOL AB                                               | CUSIP: W4580B159<br>LEI: 549300MN30TBRLYN3465 | Long             | EC               | CORP              | SE        |     10000 | NS      | $106713.16    | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Nissha Co., Ltd.                                      | Nissha Company Ltd.                                     | CUSIP: J57547101<br>LEI: 353800DMEBG4RFUJ0P59 | Long             | EC               | CORP              | JP        |      3000 | NS      | $41393.01     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| E.ON SE                                               | E.ON SE                                                 | CUSIP: D24914133<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | EC               | CORP              | DE        |     10000 | NS      | $99450.59     | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Life Financial Inc.                               | Sun Life Financial, Inc.                                | CUSIP: 866796105<br>LEI: 549300V040JZX5S66Z78 | Long             | EC               | CORP              | CA        |      1500 | NS      | $69629.60     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Pharma Mar SA                                         | Pharma Mar SA                                           | CUSIP: E8075H159<br>LEI: 959800QWKZ45ZQC2AV58 | Long             | EC               | CORP              | ES        |      1000 | NS      | $68899.45     | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| VAN De Velde                                          | VAN DE VELDE NV                                         | CUSIP: B9661T113<br>LEI: 5493009LLUCOLP3YH507 | Long             | EC               | CORP              | BE        |      2500 | NS      | $80843.77     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Sundrug Co Ltd                                        | Sundrug Company Ltd.                                    | CUSIP: J78089109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4000 | NS      | $118847.24    | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Luceco Plc                                            | Luceco plc                                              | CUSIP: G5695Q104<br>LEI: 213800BBFZK4W4P98U76 | Long             | EC               | CORP              | US        |     15000 | NS      | $18111.51     | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Nintendo Co Ltd                                       | Nintendo Company Ltd.                                   | CUSIP: J51699106<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |      3050 | NS      | $128221.55    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Halfords Group PLC                                    | HALFORDS GROUP PLC                                      | CUSIP: G4280E105<br>LEI: 54930086FKBWWJIOBI79 | Long             | EC               | CORP              | US        |     25000 | NS      | $63163.37     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| B2Gold Corp.                                          | B2GOLD CORPORATION                                      | CUSIP: 11777Q209<br>LEI: 549300F7OK456M5NLM05 | Long             | EC               | CORP              | US        |     10000 | NS      | $35525.68     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Corporation of Canada                           | Power Corporation of Canada                             | CUSIP: 739239101<br>LEI: 549300BE2CB8T87IJV50 | Long             | EC               | CORP              | CA        |      4000 | NS      | $94095.06     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Rai Way S.p.A                                         | RAI Way S.p.A.                                          | CUSIP: T7S1AC112<br>LEI: 815600303CCB3CFD2264 | Long             | EC               | CORP              | IT        |     13000 | NS      | $75360.98     | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi                                                | Sanofi S.A.                                             | CUSIP: F5548N101<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |      1000 | NS      | $96456.17     | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd.                         | Takeda Pharmaceutical Company Ltd.                      | CUSIP: J8129E108<br>LEI: 549300ZLMVP4X0OGR454 | Long             | EC               | CORP              | JP        |      2500 | NS      | $78104.24     | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Clas Ohlson Ab                                        | Clas Ohlson AB                                          | CUSIP: W22137108<br>LEI: 549300MH8OETHBBKJU80 | Long             | EC               | CORP              | SE        |     10000 | NS      | $69002.52     | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Mediaset Espana Comunicacion SA                       | Mediaset Espana Comunicacion, S.A.                      | CUSIP: E7418Y101<br>LEI: 95980020140005021479 | Long             | EC               | CORP              | ES        |     24000 | NS      | $85179.75     | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                         | Koninklijke Ahold Delhaize N.V.                         | CUSIP: N0074E105<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |      2500 | NS      | $71900.27     | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| FAES Farma SA                                         | Faes Farma, S.A.                                        | CUSIP: E4866U210<br>LEI: 959800FXZQY7U3P1G969 | Long             | EC               | CORP              | ES        |     25000 | NS      | $93969.25     | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| SES S.A.                                              | SES S.A.                                                | CUSIP: L8300G135<br>LEI: 5493008JPA4HYMH1HX51 | Long             | EC               | CORP              | LU        |     12000 | NS      | $78189.51     | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** Hussman Investment Trust

**Signature:** Hussman Investment Trust

**Name of Signer:** Brian Johnston

**Title:** Manager, Fund Accounting