# EDGAR Filing Document

**Accession Number:** 0000356476
**File Stem:** 0001193125-26-050291
**Filing Date:** 2026-2
**Character Count:** 151848
**Document Hash:** 67aa646291942081e1defcbecbb6de0d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-050291.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001193125-26-050291

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EMPOWER FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000356476

**ORGANIZATION NAME:**
- **EIN:** 840876044
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03364
- **FILM NUMBER:** 26629823

**BUSINESS ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 303-737-3000

**MAIL ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GREAT-WEST FUNDS INC
- **DATE OF NAME CHANGE:** 20121005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAXIM SERIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Empower Small Cap Value Fund (Series ID: S000023729)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000069806 | Investor Class      | MXLSX           |
| C000155756 | Institutional Class | MXTFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EMPOWER FUNDS, INC.

- **b. Investment Company Act file number:** 811-03364

- **c. CIK number of Registrant:** 0000356476

- **d. LEI of Registrant:** RUYOMHMDMSPQ01U66388

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

  - **Street Address 1:** 8515 E Orchard Road

  - **City:** Greenwood Village

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80111

  - **Telephone number:** 866-831-7129

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

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

- **b. EDGAR series identifier (if any):** S000023729

- **c. LEI of Series:** 43HYQA27PJ3B14TLLC15

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $644041975.19

**Total Liabilities:** $527470.74

**Net Assets:** $643514504.45

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000069806 | -1.92%               | 2.06%                | 0.68%                |
| Class ID C000155756 | -1.87%               | 2.05%                | 0.71%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6168612.49              | $-12598347.07                              |
| Month 2  | $6229765.33              | $12052679.70                               |
| Month 3  | $5916448.94              | $4098518.06                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Dreyfus Instl Resv                          | Dreyfus Instl Resv PFD GOVT INSTL                  | CUSIP: 26200X100<br>LEI: 549300FG0OZ5YKPLK622 | Long             | STIV             | RF                | US        |  18870981 | PA      | $18870981.15  | 2.93%             | 2026-01-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Academy Sports and Outdoors Inc             | Academy Sports and Outdoors Inc COM                | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |      3800 | NS      | $189848.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Group Services Inc                     | Boyd Group Services Inc COM                        | CUSIP: 103310108<br>LEI: 254900IZ8DD5A8NHRY07 | Long             | EC               | CORP              | CA        |     26909 | NS      | $4286603.50   | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| Dime Community Bancshares Inc.              | Dime Community Bancshares Inc. COM                 | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25700 | NS      | $773313.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes Incorporated                         | Diodes Incorporated COM                            | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |      7900 | NS      | $389786.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| F&G Annuities & Life Inc.                   | F&G Annuities & Life Inc. COMMON STOCK             | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20400 | NS      | $629340.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Commerce Corp.                     | Heritage Commerce Corp. COM                        | CUSIP: 426927109<br>LEI: 549300CLIS851ELSR406 | Long             | EC               | CORP              | US        |     67300 | NS      | $808273.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott Vacations Worldwide Corp           | Marriott Vacations Worldwide Corp COM              | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |     12000 | NS      | $692280.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Marten Transport Ltd.                       | Marten Transport Ltd. COM                          | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15800 | NS      | $179804.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NB Bancorp Inc.                             | NB Bancorp Inc. COM                                | CUSIP: 63945M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48100 | NS      | $953342.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Oceaneering International, Inc.             | Oceaneering International, Inc. COM                | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |     70760 | NS      | $1700362.83   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Company           | Portland General Electric Company COM NEW          | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     20800 | NS      | $998192.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                                | Sanmina Corp COM                                   | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |      5400 | NS      | $810378.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonic Automotive, Inc.                      | Sonic Automotive, Inc. CL A                        | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |      8700 | NS      | $538182.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tegna Inc                                   | Tegna Inc COM                                      | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |     21700 | NS      | $421197.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient PLC                                  | Adient PLC ORD SHS                                 | CUSIP: G0084W101<br>LEI: 5493002QLDY8O75RTR78 | Long             | EC               | CORP              | IE        |     33000 | NS      | $632610.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Expro Group Holdings NV                     | Expro Group Holdings NV EUR0.01                    | CUSIP: N3144W105<br>LEI: 724500LJYA8QIT73H017 | Long             | EC               | CORP              | NL        |     64300 | NS      | $858405.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                                     | AZZ Inc COM                                        | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |      1800 | NS      | $192924.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Adeia Inc.                                  | Adeia Inc. COM                                     | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50500 | NS      | $871125.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide Inc                           | ACI Worldwide Inc COM                              | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |     12000 | NS      | $573720.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus Homecare Corp                         | Addus Homecare Corp COM                            | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |     17616 | NS      | $1891782.25   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc.                         | ABM Industries Inc. COM                            | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |     15000 | NS      | $634500.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ANI Pharmaceuticals Inc.                    | ANI Pharmaceuticals Inc. COM                       | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |     51823 | NS      | $4090907.64   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphastar Pharmaceuticals Inc               | Amphastar Pharmaceuticals Inc COM                  | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |     24800 | NS      | $664144.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                                  | Atkore Inc COM                                     | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |      9900 | NS      | $626175.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Healthcare Company, Inc.             | Acadia Healthcare Company, Inc. COM                | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |     35700 | NS      | $506583.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| American Vanguard Corp.                     | American Vanguard Corp. COM                        | CUSIP: 030371108<br>LEI: 529900GWI78WZA5M9783 | Long             | EC               | CORP              | US        |     35700 | NS      | $136374.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Asgn Incorporated                           | Asgn Incorporated COM                              | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |     16500 | NS      | $794805.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Accel Entertainment Inc                     | Accel Entertainment Inc COM CL A1                  | CUSIP: 00436Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61300 | NS      | $699433.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviat Networks Inc.                         | Aviat Networks Inc. COM NEW                        | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |     17100 | NS      | $365598.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs Inc                                   | Crocs Inc COM                                      | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     31810 | NS      | $2720391.22   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings, Inc.                      | Amentum Holdings, Inc. COM                         | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |    198697 | NS      | $5762213.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                  | Arcosa Inc COM                                     | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     53080 | NS      | $5643465.61   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| First Mid Bancshares Inc.                   | First Mid Bancshares Inc. COM                      | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10900 | NS      | $425100.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive, Inc.                    | Group 1 Automotive, Inc. COM                       | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      1520 | NS      | $597816.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group, Inc.                   | MDU Resources Group, Inc. COM                      | CUSIP: 552690109<br>LEI: 549300MA0UV6AI6SNV27 | Long             | EC               | CORP              | US        |    222257 | NS      | $4338456.64   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp.                       | MGIC Investment Corp. COM                          | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |     13200 | NS      | $385704.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| American Assets Trust Inc.                  | American Assets Trust Inc. COM                     | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30600 | NS      | $579258.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Astrana Health Inc                          | Astrana Health Inc COM NEW                         | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |     30000 | NS      | $744300.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes Inc.                              | M/I Homes Inc. COM                                 | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |      1600 | NS      | $204720.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc.               | MSC Industrial Direct Co Inc. CL A                 | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |      9700 | NS      | $815770.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Commercial Real Estate Corporation     | Ares Commercial Real Estate Corporation COM        | CUSIP: 04013V108<br>LEI: 549300ZNO5IWXS443S81 | Long             | EC               | CORP              | US        |     85900 | NS      | $410602.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Avista Corporation                          | Avista Corporation COM NPV                         | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |    106699 | NS      | $4112179.48   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc Of California Inc.                     | Banc Of California Inc. COM                        | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |     49178 | NS      | $948643.63    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Intermediate Holdings Inc.         | BellRing Intermediate Holdings Inc. COMMON STOCK   | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |     57374 | NS      | $1533606.99   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Beacon Financial Corp.                      | Beacon Financial Corp. COM                         | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |     31956 | NS      | $842679.75    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                     | Brandywine Realty Trust SH BEN INT NEW             | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |    106900 | NS      | $312148.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corporation                       | Brunswick Corporation COM                          | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |     12100 | NS      | $898304.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Burke & Herbert Financial Services Corp.    | Burke & Herbert Financial Services Corp. COM       | CUSIP: 12135Y108<br>LEI: 549300OS8C7J7ZWMNL70 | Long             | EC               | CORP              | US        |      6600 | NS      | $411246.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                   | CNO Financial Group, Inc. COM                      | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     22500 | NS      | $955575.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cabot Corporation                           | Cabot Corporation COM                              | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               | CORP              | US        |      2400 | NS      | $159072.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital Bancorp Inc.                        | Capital Bancorp Inc. COM                           | CUSIP: 139737100<br>LEI: 549300LQKYGWQ7VP0C75 | Long             | EC               | CORP              | US        |      6800 | NS      | $191556.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay General Bancorp                      | Cathay General Bancorp COM                         | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |     11600 | NS      | $561324.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                     | Century Communities Inc COM                        | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |      4400 | NS      | $261140.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical Inc.               | Collegium Pharmaceutical Inc. COM USD0.001         | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |     95375 | NS      | $4415862.47   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Colony Bankcorp Inc.                        | Colony Bankcorp Inc. COM                           | CUSIP: 19623P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10500 | NS      | $187110.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System Inc.                | Columbia Banking System Inc. COM NPV               | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |     30503 | NS      | $852558.91    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc.                          | ManpowerGroup Inc. COM                             | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |     17000 | NS      | $505410.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll Inc.                            | MillerKnoll Inc. COM                               | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |     23800 | NS      | $435064.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Sportswear Co.                     | Columbia Sportswear Co. COM                        | CUSIP: 198516106<br>LEI: 549300OTMCIEUXAH5Z60 | Long             | EC               | CORP              | US        |      7800 | NS      | $429702.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Connectone Bancorp Inc.                     | Connectone Bancorp Inc. COM                        | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |     32545 | NS      | $853329.92    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co                                | Crane NXT Co COM                                   | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |    101082 | NS      | $4757929.71   | 0.74%             |  |  |  | No            |                  1 | On Loan: —       |
| Dana Inc.                                   | Dana Inc. COM STK USD0.01                          | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |    157221 | NS      | $3735570.91   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek US Holdings Inc.                      | Delek US Holdings Inc. COM                         | CUSIP: 24665A103<br>LEI: 5493003O53JMENV1N385 | Long             | EC               | CORP              | US        |     25100 | NS      | $744466.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamond Hill Investment Group Inc.          | Diamond Hill Investment Group Inc. COM NEW         | CUSIP: 25264R207<br>LEI: 549300AQ6779A0B7VZ57 | Long             | EC               | CORP              | US        |      4800 | NS      | $813600.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co.                 | DiamondRock Hospitality Co. COM USD0.01            | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |     46300 | NS      | $414848.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions Inc           | Donnelley Financial Solutions Inc COM              | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |     82518 | NS      | $3852765.37   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc.                                   | Moog Inc. CL A                                     | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     40061 | NS      | $9756856.69   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Northfield Bancorp Inc.                     | Northfield Bancorp Inc. COM                        | CUSIP: 66611T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34500 | NS      | $394335.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BEL Fuse Inc                                | BEL Fuse Inc CLASS'B'SHS USD0.1                    | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |     56874 | NS      | $9647536.61   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc                      | Boot Barn Holdings Inc COM                         | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |     12281 | NS      | $2167228.08   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Amerant Bancorp Inc.                        | Amerant Bancorp Inc. CL A                          | CUSIP: 023576101<br>LEI: 54930071V6LIG79MTL10 | Long             | EC               | CORP              | US        |     29900 | NS      | $583349.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BILL Holdings Inc                           | BILL Holdings Inc COM                              | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |     82649 | NS      | $4507676.44   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Advansix Inc                                | Advansix Inc COM                                   | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |      9400 | NS      | $162620.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Affiliated Managers Group, Inc.             | Affiliated Managers Group, Inc. COM                | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |     10889 | NS      | $3139080.88   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CNB Financial Corp (Pennsylvania)           | CNB Financial Corp (Pennsylvania) COM              | CUSIP: 126128107<br>LEI: 254900RUYUOKD91VNX69 | Long             | EC               | CORP              | US        |      7500 | NS      | $196275.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corporation            | California Resources Corporation COM STOCK         | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |     99516 | NS      | $4449360.32   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Employers Holdings Inc.                     | Employers Holdings Inc. COM STK USD0.01            | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9600 | NS      | $414432.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| F N B Corp (Pennsylvania)                   | F N B Corp (Pennsylvania) COM                      | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |     11700 | NS      | $200070.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Corp.                       | First Financial Corp. COM                          | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7400 | NS      | $447108.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| G III Apparel Group Ltd                     | G III Apparel Group Ltd COM                        | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |     15500 | NS      | $448880.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                                 | Hawkins Inc COM                                    | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |     21971 | NS      | $3121200.28   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercantile Bank Corp.                       | Mercantile Bank Corp. COM                          | CUSIP: 587376104<br>LEI: P16VZZCKTJ5IONL6XE37 | Long             | EC               | CORP              | US        |     14300 | NS      | $687830.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parks & Resorts Inc                  | United Parks & Resorts Inc COM                     | CUSIP: 81282V100<br>LEI: 529900G0H4NV3IIK3269 | Long             | EC               | CORP              | US        |     15200 | NS      | $551760.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Stagwell Inc                                | Stagwell Inc COM CL A                              | CUSIP: 85256A109<br>LEI: 549300KIYTU6J3NYJ009 | Long             | EC               | CORP              | US        |    117200 | NS      | $573108.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Dynamics Inc.                       | Douglas Dynamics Inc. COM                          | CUSIP: 25960R105<br>LEI: 529900CDFLKNQ0QT6580 | Long             | EC               | CORP              | US        |     12000 | NS      | $391800.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| First Western Financial Inc.                | First Western Financial Inc. COM                   | CUSIP: 33751L105<br>LEI: 549300PPOGX4C7S66B47 | Long             | EC               | CORP              | US        |      7300 | NS      | $195713.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Array Digital Infrastructure Inc.           | Array Digital Infrastructure Inc. COM              | CUSIP: 911684108<br>LEI: 549300B164AZXESI6E03 | Long             | EC               | CORP              | US        |    141335 | NS      | $7578382.76   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitil Corp                                 | Unitil Corp COM                                    | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $387520.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Utah Medical Products Inc.                  | Utah Medical Products Inc. COM                     | CUSIP: 917488108<br>LEI: 5493002R27BBGV8DID60 | Long             | EC               | CORP              | US        |      6500 | NS      | $363740.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Valley National Bancorp.                    | Valley National Bancorp. COM                       | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |     58100 | NS      | $678608.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosperity Bancshares Inc                   | Prosperity Bancshares Inc COM                      | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72032 | NS      | $4978131.56   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes Inc                        | Tri Pointe Homes Inc COM                           | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18600 | NS      | $585342.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstService Corp.                          | FirstService Corp. COM                             | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |     24896 | NS      | $3872074.94   | 0.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Firstsun Cap Bancorp                        | Firstsun Cap Bancorp COM                           | CUSIP: 33767U107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9800 | NS      | $368823.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Medical REIT Inc.                    | Global Medical REIT Inc. COM NEW                   | CUSIP: 37954A303<br>LEI: 549300HFRIPQDYU3GU60 | Long             | EC               | CORP              | US        |     18580 | NS      | $626889.19    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NPK International Inc.                      | NPK International Inc. COM SHS                     | CUSIP: 651718504<br>LEI: 54930073OHWDQW4DJN26 | Long             | EC               | CORP              | US        |    358233 | NS      | $4270137.43   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                           | Agree Realty Corp COM                              | CUSIP: 008492100<br>LEI: 98450090H010B37OEB68 | Long             | EC               | CORP              | US        |     44495 | NS      | $3204974.88   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings Inc                | Bread Financial Holdings Inc COM USD0.01           | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |     13300 | NS      | $984599.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corporation               | American Woodmark Corporation COM                  | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |      9800 | NS      | $528220.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                              | Ameris Bancorp COM                                 | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     88418 | NS      | $6566804.84   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corporation                | Antero Resources Corporation COM                   | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |    141041 | NS      | $4860272.83   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Commercial Real Estate Finance, Inc. | Apollo Commercial Real Estate Finance, Inc. COM    | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               | CORP              | US        |     39500 | NS      | $382360.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries, Inc.            | Armstrong World Industries, Inc. COM               | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |      2200 | NS      | $420420.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bancorp Inc                                 | Bancorp Inc COM NPV                                | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |     37065 | NS      | $2502628.84   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Marin Bancorp.                      | Bank of Marin Bancorp. COM                         | CUSIP: 063425102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16200 | NS      | $421362.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc.                             | BankUnited Inc. COM                                | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |     19900 | NS      | $886943.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                       | Bath & Body Works Inc COM                          | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |     17700 | NS      | $355416.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Baytex Energy Corp.                         | Baytex Energy Corp. COM                            | CUSIP: 07317Q105<br>LEI: 549300R5LTV2H7I1I079 | Long             | EC               | CORP              | CA        |    342068 | NS      | $1104879.63   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp.                             | Blue Bird Corp. COM                                | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |    100269 | NS      | $4712643.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightSpire Capital Inc                     | BrightSpire Capital Inc COM CL A                   | CUSIP: 10949T109<br>LEI: 549300BOIFLLMVU37752 | Long             | EC               | CORP              | US        |     74900 | NS      | $419440.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinks Company                              | Brinks Company COM                                 | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |      8000 | NS      | $933840.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CVR Energy Inc.                             | CVR Energy Inc. COM                                | CUSIP: 12662P108<br>LEI: 529900SOYZIXZBTXB558 | Long             | EC               | CORP              | US        |     22900 | NS      | $582576.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                                  | Cactus Inc CL A                                    | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |     11300 | NS      | $516184.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden National Corp.                       | Camden National Corp. COM                          | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |     10800 | NS      | $468504.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Visteon Corporation                         | Visteon Corporation COM NEW                        | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |      7100 | NS      | $675210.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Limited                     | Signet Jewelers Limited COM STK USD0.18            | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |      4400 | NS      | $364672.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitol Fed Fin In                          | Capitol Fed Fin In COM                             | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    123200 | NS      | $838992.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter Bankshares Inc.                      | Carter Bankshares Inc. COM NEW                     | CUSIP: 146103106<br>LEI: 549300SO0M022D8D8358 | Long             | EC               | CORP              | US        |      9500 | NS      | $186770.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp.             | Central Pacific Financial Corp. COM NEW            | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |     19300 | NS      | $601388.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Downs Inc                         | Churchill Downs Inc COM                            | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |     49862 | NS      | $5673298.38   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Civista Bancshares Inc.                     | Civista Bancshares Inc. COM NO PAR                 | CUSIP: 178867107<br>LEI: 5493001LX61Z2UVYSC48 | Long             | EC               | CORP              | US        |      8000 | NS      | $177760.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Colliers International Group Inc            | Colliers International Group Inc SUB VTG SHS       | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |     31474 | NS      | $4626992.77   | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| Concentrix Corp.                            | Concentrix Corp. COM                               | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     75561 | NS      | $3141826.36   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp.                   | Curbline Properties Corp. COM                      | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |    116309 | NS      | $2699531.89   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave & Buster's Entertainment Inc           | Dave & Buster's Entertainment Inc COM              | CUSIP: 238337109<br>LEI: 529900WTVU85QZLYHR86 | Long             | EC               | CORP              | US        |     15700 | NS      | $254497.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Eagle Bancorp Inc                           | Eagle Bancorp Inc COM                              | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Long             | EC               | CORP              | US        |     41800 | NS      | $895356.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Enact Holdings Inc                          | Enact Holdings Inc COM                             | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |     23000 | NS      | $911720.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Excelerate Energy Inc.                      | Excelerate Energy Inc. CL A COM                    | CUSIP: 30069T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21100 | NS      | $591855.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Foster(Lb)& Co                              | Foster(Lb)& Co COM                                 | CUSIP: 350060109<br>LEI: 549300AUUJGJ2T2L2179 | Long             | EC               | CORP              | US        |      7800 | NS      | $210210.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Brick Partners Inc.                   | Green Brick Partners Inc. COM                      | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |      2900 | NS      | $181714.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hanover Insurance Group, Inc.           | The Hanover Insurance Group, Inc. COM              | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      4000 | NS      | $731080.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group, Inc.          | Helix Energy Solutions Group, Inc. COM             | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |     61900 | NS      | $388113.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc                           | Herc Holdings Inc COM                              | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |     35781 | NS      | $5309184.87   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Financial Corp.                    | Heritage Financial Corp. COM                       | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17000 | NS      | $402050.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand, Inc.                           | Hillenbrand, Inc. COM                              | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |     25500 | NS      | $808860.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corporation                        | Huntsman Corporation COM                           | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     71300 | NS      | $713000.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co.                         | Crescent Energy Co. CL A COM                       | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    191787 | NS      | $1609093.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp.                      | Independent Bank Corp. COM                         | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |      8800 | NS      | $643104.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingevity Corporation                        | Ingevity Corporation COM                           | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |      7800 | NS      | $461604.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 Verticals INC                            | I3 Verticals INC COM CL A                          | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |     71335 | NS      | $1796928.60   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Kaiser Aluminium Corporation                | Kaiser Aluminium Corporation COM PAR $0.01         | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10000 | NS      | $1148600.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Home                                     | KB Home COM STK USD1                               | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     56574 | NS      | $3191339.31   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Kearny Financial Corp.                      | Kearny Financial Corp. COM                         | CUSIP: 48716P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62900 | NS      | $466089.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kforce Inc                                  | Kforce Inc COM USD0.01                             | CUSIP: 493732101<br>LEI: 5493003RDQQDVXY2SK46 | Long             | EC               | CORP              | US        |     28300 | NS      | $875036.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimball Electronics Inc.                    | Kimball Electronics Inc. COM                       | CUSIP: 49428J109<br>LEI: 549300COBYN2GZCBIU87 | Long             | EC               | CORP              | US        |     20600 | NS      | $573092.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc                        | Kyndryl Holdings Inc COMMON STOCK                  | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |    104428 | NS      | $2773607.76   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Legacy Housing Corp.                        | Legacy Housing Corp. COM                           | CUSIP: 52472M101<br>LEI: V6WE5M18QYITU8L1QF76 | Long             | EC               | CORP              | US        |     11200 | NS      | $218624.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Oak Bancshares Inc                     | Live Oak Bancshares Inc COM                        | CUSIP: 53803X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23000 | NS      | $790050.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Maximus Inc                                 | Maximus Inc COM                                    | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |      7600 | NS      | $656032.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Miller Industries Inc. (Tennessee)          | Miller Industries Inc. (Tennessee) COM NEW         | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |     11300 | NS      | $422281.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corporation                      | Murphy Oil Corporation COM                         | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |     32900 | NS      | $1028125.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Myers Industries Inc.                       | Myers Industries Inc. COM                          | CUSIP: 628464109<br>LEI: 549300I2H9XMVTCW4Q51 | Long             | EC               | CORP              | US        |     42700 | NS      | $799344.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Voyix Corporation                       | NCR Voyix Corporation COM                          | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |    264843 | NS      | $2701398.63   | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| National CineMedia Inc                      | National CineMedia Inc COM NEW                     | CUSIP: 635309206<br>LEI: 5493000MOLIVSOGKEB48 | Long             | EC               | CORP              | US        |    142000 | NS      | $552380.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| National Presto Industries Inc.             | National Presto Industries Inc. COM                | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2500 | NS      | $266900.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Resources Corp.                  | New Jersey Resources Corp. COM                     | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |     18700 | NS      | $862444.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Company           | Northwest Natural Holding Company COM              | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     17600 | NS      | $822624.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection Inc.                          | PC Connection Inc. COM                             | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |      3000 | NS      | $173280.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts Inc.                  | Park Hotels & Resorts Inc. COM                     | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |     72000 | NS      | $753120.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Perella Weinberg Partners                   | Perella Weinberg Partners CLASS A COM              | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    138436 | NS      | $2394942.76   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| PetMed Express Inc.                         | PetMed Express Inc. COM USD0.001                   | CUSIP: 716382106<br>LEI: 529900PGHW5ASJ1AZL48 | Long             | EC               | CORP              | US        |     59300 | NS      | $189760.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank                              | Preferred Bank COM NEW                             | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |      9540 | NS      | $900862.19    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| RBB Bancorp.                                | RBB Bancorp. COM                                   | CUSIP: 74930B105<br>LEI: 549300A23FBFZNGET525 | Long             | EC               | CORP              | US        |      9500 | NS      | $196080.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Radian Group Inc.                           | Radian Group Inc. COM                              | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |     23800 | NS      | $856562.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co.                               | SM Energy Co. COM                                  | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     36100 | NS      | $675070.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Seritage Growth Properties                  | Seritage Growth Properties CL A                    | CUSIP: 81752R100<br>LEI: 5493003CJFC2MM82WB25 | Long             | EC               | CORP              | US        |     85600 | NS      | $278200.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGA Technologies Inc.                      | SIGA Technologies Inc. COM                         | CUSIP: 826917106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49800 | NS      | $304278.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Southstate Bank Corp.                       | Southstate Bank Corp. COM                          | CUSIP: 84472E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68738 | NS      | $6468933.19   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Country Airlines Holdings Inc.          | Sun Country Airlines Holdings Inc. COM             | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |     17000 | NS      | $244630.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sylvamo Corp.                               | Sylvamo Corp. COMMON STOCK                         | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |      9300 | NS      | $447795.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TD Synnex Corp                              | TD Synnex Corp COM                                 | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     37628 | NS      | $5652854.43   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| TowneBank (Portsmouth Virginia)             | TowneBank (Portsmouth Virginia) COM                | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |     11900 | NS      | $397103.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Trustco Bank Corp NY                        | Trustco Bank Corp NY COM NEW                       | CUSIP: 898349204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15500 | NS      | $640615.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X Inc                                     | V2X Inc COM                                        | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80384 | NS      | $4384947.22   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Workiva Inc                                 | Workiva Inc COM CL A                               | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |      9700 | NS      | $836625.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Yeti Holdings Inc                           | Yeti Holdings Inc COM                              | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |    117380 | NS      | $5184674.70   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellium SE                              | Constellium SE CL A SHS                            | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |     24100 | NS      | $454285.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Limited              | Axalta Coating Systems Limited COM USD1.00         | CUSIP: G0750C108<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | BM        |     28700 | NS      | $927297.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Brightstar Lottery PLC                      | Brightstar Lottery PLC USD0.00015625               | CUSIP: G4863A108<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | EC               | CORP              | GB        |     53400 | NS      | $826632.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| National Energy Services Reunited Corp.     | National Energy Services Reunited Corp. SHS        | CUSIP: G6375R107<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |     46200 | NS      | $723492.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomad Foods Ltd.                            | Nomad Foods Ltd. USD ORD SHS                       | CUSIP: G6564A105<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |    266300 | NS      | $3331412.98   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding PLC            | Sensata Technologies Holding PLC COM EUR0.01       | CUSIP: G8060N102<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | GB        |     28000 | NS      | $932120.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Valaris Ltd.                                | Valaris Ltd. CL A                                  | CUSIP: G9460G101<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      7800 | NS      | $393120.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Group Ltd.        | White Mountains Insurance Group Ltd. COM           | CUSIP: G9618E107<br>LEI: 549300N3FL068JERBG02 | Long             | EC               | CORP              | BM        |       420 | NS      | $872772.59    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextpower Inc.                              | Nextpower Inc. CLASS A COM                         | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2700 | NS      | $235197.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NorthWestern Energy Group Inc               | NorthWestern Energy Group Inc COM NEW              | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     13500 | NS      | $871290.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corporation                            | Olin Corporation COM PAR $1                        | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |     35000 | NS      | $729050.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corporation                      | Otter Tail Corporation COM                         | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4600 | NS      | $371726.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Financial Corp.                       | Arrow Financial Corp. COM                          | CUSIP: 042744102<br>LEI: 2549007Z8GI9ZZIQ1817 | Long             | EC               | CORP              | US        |      7400 | NS      | $232360.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group, Inc.               | Asbury Automotive Group, Inc. COM USD0.01          | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |      2800 | NS      | $651084.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies Inc.          | Atmus Filtration Technologies Inc. COM             | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    119540 | NS      | $6205321.39   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank7 Corp                                  | Bank7 Corp COM                                     | CUSIP: 06652N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4200 | NS      | $172116.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloomin Brands Inc                          | Bloomin Brands Inc COM                             | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |     53400 | NS      | $329478.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corporation                     | Boyd Gaming Corporation COM                        | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |      4500 | NS      | $383580.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Carters Inc.                                | Carters Inc. COM USD0.01                           | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |     14700 | NS      | $476721.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cass Information Systems Inc.               | Cass Information Systems Inc. COM                  | CUSIP: 14808P109<br>LEI: 549300G7XPIPR7SJ2F38 | Long             | EC               | CORP              | US        |      5400 | NS      | $224208.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Company                | Central Garden & Pet Company COM                   | CUSIP: 153527106<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |     13500 | NS      | $434025.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Claros Mortgage Trust Inc                   | Claros Mortgage Trust Inc COMMON STOCK             | CUSIP: 18270D106<br>LEI: 549300Z9LU2CZ3K30C16 | Long             | EC               | CORP              | US        |    129600 | NS      | $396576.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentra Group Holdings Parent Inc         | Concentra Group Holdings Parent Inc COMMON STOCK   | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    271410 | NS      | $5341348.84   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Laboratories Inc                       | Core Laboratories Inc COM                          | CUSIP: 21867A105<br>LEI: 984500040P5J07V43135 | Long             | EC               | CORP              | US        |     33900 | NS      | $543417.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Denny's Corp.                               | Denny's Corp. COM                                  | CUSIP: 24869P104<br>LEI: 54930037V56XOULXM917 | Long             | EC               | CORP              | US        |     82300 | NS      | $511906.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett Inc                          | Douglas Emmett Inc COM                             | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58300 | NS      | $640717.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerald Holding Inc.                        | Emerald Holding Inc. COM                           | CUSIP: 29103W104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26238 | NS      | $117283.86    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Ennis Inc                                   | Ennis Inc COM                                      | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11400 | NS      | $205314.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Financial Services Corp.         | Enterprise Financial Services Corp. COM            | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |     10600 | NS      | $572400.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corporation                | Envista Holdings Corporation COM                   | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |     18700 | NS      | $405977.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide, Inc.                     | Euronet Worldwide, Inc. COM USD0.02                | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |      9900 | NS      | $753489.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmers National Banc Corp.                 | Farmers National Banc Corp. COM                    | CUSIP: 309627107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12590 | NS      | $167698.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corporation   | Federal Agricultural Mortgage Corporation CL C     | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | USGSE             | US        |     32348 | NS      | $5679338.29   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Inc                        | Federated Hermes Inc CL B                          | CUSIP: 314211103<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | EC               | CORP              | US        |     16100 | NS      | $838327.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| First Foundation Inc.                       | First Foundation Inc. COM                          | CUSIP: 32026V104<br>LEI: 254900TQZQ6LBCK77E82 | Long             | EC               | CORP              | US        |    101921 | NS      | $627833.36    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| First Internet Bancorp.                     | First Internet Bancorp. COM STK USD0.01            | CUSIP: 320557101<br>LEI: 549300T25MP2M92XU194 | Long             | EC               | CORP              | US        |      8000 | NS      | $166960.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corporation                 | First Merchants Corporation COM                    | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |     22196 | NS      | $831906.08    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| 1st Source Corporation                      | 1st Source Corporation COM                         | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10000 | NS      | $624900.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Five9 Inc.                                  | Five9 Inc. COM                                     | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Long             | EC               | CORP              | US        |    133492 | NS      | $2676514.55   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Star Bancorp.                          | Five Star Bancorp. COM                             | CUSIP: 33830T103<br>LEI: 5493008ZRBIHKWC0JA73 | Long             | EC               | CORP              | US        |      6100 | NS      | $218258.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corporation                           | Fluor Corporation COM USD0.01                      | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     15700 | NS      | $622191.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corporation                       | Flowserve Corporation COM                          | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     15800 | NS      | $1096204.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Flushing Financial Corp.                    | Flushing Financial Corp. COM                       | CUSIP: 343873105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28800 | NS      | $436896.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Forrester Research Inc.                     | Forrester Research Inc. COM                        | CUSIP: 346563109<br>LEI: 549300UUSFXYLJ80Z897 | Long             | EC               | CORP              | US        |     19600 | NS      | $159152.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc              | Fortune Brands Innovations Inc COM                 | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |     16000 | NS      | $800320.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Covey Co                           | Franklin Covey Co COM                              | CUSIP: 353469109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9700 | NS      | $162766.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| H B Fuller Company                          | H B Fuller Company COM                             | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |     13500 | NS      | $802710.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Garrett Motion Inc                          | Garrett Motion Inc COM                             | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | US        |    394729 | NS      | $6880126.55   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                   | Halozyme Therapeutics Inc COM                      | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      9000 | NS      | $605700.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilltop Holdings Inc                        | Hilltop Holdings Inc COM                           | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |     24300 | NS      | $824742.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Grand Vacations Inc                  | Hilton Grand Vacations Inc COM                     | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |     19700 | NS      | $881575.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hingham Institution for Savings             | Hingham Institution for Savings COM                | CUSIP: 433323102<br>LEI: 2549009GDCGUR2T6KU55 | Long             | EC               | CORP              | US        |      2200 | NS      | $624712.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Mechanics Bancorp                           | Mechanics Bancorp CL A                             | CUSIP: 43785V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12700 | NS      | $185801.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Horizon Bancorp Inc.                        | Horizon Bancorp Inc. COM                           | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               | CORP              | US        |     36800 | NS      | $624128.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingram Micro Holding Corporation            | Ingram Micro Holding Corporation COM               | CUSIP: 457152106<br>LEI: 9845008639BC538AB065 | Long             | EC               | CORP              | US        |     18000 | NS      | $384120.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| International Money Express Inc.            | International Money Express Inc. COM               | CUSIP: 46005L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25580 | NS      | $392908.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries, Inc.                     | Oxford Industries, Inc. COM                        | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |     15900 | NS      | $543780.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Energy Inc                              | PBF Energy Inc CL A                                | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |     26300 | NS      | $713256.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus International Group Inc               | Janus International Group Inc COMMON STOCK         | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     88000 | NS      | $575520.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corporation                          | Kemper Corporation COM                             | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     16700 | NS      | $677018.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp.                           | Knife River Corp. COMMON STOCK                     | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64476 | NS      | $4535886.62   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services Inc.                    | Kodiak Gas Services Inc. COM                       | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    128444 | NS      | $4803805.57   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc                       | Lantheus Holdings Inc COM                          | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     53851 | NS      | $3583784.05   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Laureate Education, Inc.                    | Laureate Education, Inc. COMMON STOCK              | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |     15100 | NS      | $508417.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corporation                            | Lear Corporation COM NEW                           | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |      8500 | NS      | $974100.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Levi Strauss & Co.                          | Levi Strauss & Co. CL A COM STK                    | CUSIP: 52736R102<br>LEI: MB0UERO0RDFKU8258G77 | Long             | EC               | CORP              | US        |    153149 | NS      | $3176310.25   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap Inc                      | Marcus & Millichap Inc COM                         | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |     14900 | NS      | $406621.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Marinemax Inc                               | Marinemax Inc COM STK USD0.001                     | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |     13800 | NS      | $334374.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc                                  | Matson Inc COM                                     | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     30653 | NS      | $3787178.25   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings Inc                            | NMI Holdings Inc COM                               | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |     22500 | NS      | $917775.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| National Research Corp.                     | National Research Corp. COM NEW                    | CUSIP: 637372202<br>LEI: 549300FQIORB6GZCYT15 | Long             | EC               | CORP              | US        |     21100 | NS      | $396047.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Viper Energy Inc.                           | Viper Energy Inc. CL A                             | CUSIP: 64361Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    138566 | NS      | $5352804.52   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Flagstar Bank National Association          | Flagstar Bank National Association COM NEW         | CUSIP: 649445400<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | EC               | CORP              | US        |     65500 | NS      | $824645.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NextDecade Corp.                            | NextDecade Corp. COM                               | CUSIP: 65342K105<br>LEI: 549300XB4GCLNGHFTT48 | Long             | EC               | CORP              | US        |    130600 | NS      | $688262.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Northern Oil And Gas, Inc.                  | Northern Oil And Gas, Inc. COM                     | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     36700 | NS      | $787949.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| OceanFirst Financial Corp.                  | OceanFirst Financial Corp. COM                     | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43200 | NS      | $775440.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health Inc                      | Option Care Health Inc COM NEW                     | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |    144833 | NS      | $4614379.45   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                     | Pebblebrook Hotel Trust COM USD0.01 SBI            | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |     71200 | NS      | $805984.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                               | Popular, Inc. COM NEW                              | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     56591 | NS      | $7046711.34   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ProFrac Holding Corp.                       | ProFrac Holding Corp. CLASS A COM                  | CUSIP: 74319N100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    126700 | NS      | $492863.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| ProPetro Holding Corp.                      | ProPetro Holding Corp. COM                         | CUSIP: 74347M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80700 | NS      | $767457.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| The RMR Group Inc.                          | The RMR Group Inc. CL A                            | CUSIP: 74967R106<br>LEI: 549300JP4L34E48UJM16 | Long             | EC               | CORP              | US        |     26500 | NS      | $394850.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Resideo Technologies Inc                    | Resideo Technologies Inc COM                       | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |    133684 | NS      | $4694982.02   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc.                       | Rush Enterprises Inc. CL A                         | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     54662 | NS      | $2948468.25   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp.                                   | SLM Corp. COM                                      | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31700 | NS      | $857802.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider National Inc                      | Schneider National Inc CL B                        | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |     19800 | NS      | $525294.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions Inc                  | Select Water Solutions Inc CL A COM                | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |     34600 | NS      | $363992.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Medical Holdings Corporation         | Select Medical Holdings Corporation COM            | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28600 | NS      | $424710.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Shore Bancshares Inc.                       | Shore Bancshares Inc. COM                          | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24651 | NS      | $435829.69    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Missouri Bancorp Inc.              | Southern Missouri Bancorp Inc. COM                 | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3200 | NS      | $189184.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                                   | Spire Inc COM                                      | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |      9300 | NS      | $769110.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                       | STAG Industrial, Inc. COM                          | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     95328 | NS      | $3504257.25   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| El Pollo Loco Holdings Inc                  | El Pollo Loco Holdings Inc COM                     | CUSIP: 268603107<br>LEI: 549300EZCBNF4G707K90 | Long             | EC               | CORP              | US        |     42200 | NS      | $441412.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecovyst Inc                                 | Ecovyst Inc COM                                    | CUSIP: 27923Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    436314 | NS      | $4245335.28   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies Inc                        | TTM Technologies Inc COM NPV                       | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |    113505 | NS      | $7831845.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corporation                    | Talen Energy Corporation COM                       | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9358 | NS      | $3507752.61   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Talos Energy Inc                            | Talos Energy Inc COM                               | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |     85600 | NS      | $943312.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                            | TriCo Bancshares COM                               | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18600 | NS      | $881082.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimas Corporation                          | Trimas Corporation COM NEW                         | CUSIP: 896215209<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | EC               | CORP              | US        |    143048 | NS      | $5071051.49   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries Inc                          | UFP Industries Inc COM                             | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |      6900 | NS      | $628245.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks Inc.(South Carolina) | United Community Banks Inc.(South Carolina) COM    | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |     11600 | NS      | $362152.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp.                                   | VSE Corp. COM                                      | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |     34957 | NS      | $6039520.87   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners Inc.             | Virtus Investment Partners Inc. COM                | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |      3980 | NS      | $649337.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology, Inc.                | Vishay Intertechnology, Inc. COM                   | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |     37600 | NS      | $544824.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                          | Voya Financial Inc COM                             | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |      8100 | NS      | $603369.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabash National Corporation                 | Wabash National Corporation COM                    | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |     45600 | NS      | $394440.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WaFd Inc                                    | WaFd Inc COM                                       | CUSIP: 938824109<br>LEI: D38AC76TAMYI50NBPX33 | Long             | EC               | CORP              | US        |     21840 | NS      | $699535.21    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Washington Trust Bancorp Inc.               | Washington Trust Bancorp Inc. COM                  | CUSIP: 940610108<br>LEI: J66MZFCNJPP3PERHZW54 | Long             | EC               | CORP              | US        |     22200 | NS      | $656010.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                    | Western Alliance Bancorp COM                       | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     40309 | NS      | $3388777.68   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX Inc                                     | WEX Inc COM                                        | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |     30581 | NS      | $4555957.34   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Wiley John & Sons Inc.                      | Wiley John & Sons Inc. CL A                        | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |     72982 | NS      | $2235438.68   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries Inc.                   | Winnebago Industries Inc. COM                      | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |     19900 | NS      | $806348.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| World Kinect Corporation                    | World Kinect Corporation COM                       | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |     35100 | NS      | $822393.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman And Wakefield Ltd.                  | Cushman And Wakefield Ltd. COMMON SHARES           | CUSIP: G2717C106<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     50100 | NS      | $811119.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelis Insurance Holdings Ltd.             | Fidelis Insurance Holdings Ltd. COM                | CUSIP: G3398L118<br>LEI: 549300CDMGCAGJQ7DX03 | Long             | EC               | CORP              | BM        |    159781 | NS      | $3126914.19   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen Of Troy Corp                          | Helen Of Troy Corp COM USD0.10                     | CUSIP: G4388N106<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     25300 | NS      | $537625.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals PLC                    | Jazz Pharmaceuticals PLC COM USD0.0001             | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |      6700 | NS      | $1139000.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Marex Group Plc                             | Marex Group Plc ORD                                | CUSIP: G5S37H101<br>LEI: 549300DWX0SVICJAL507 | Long             | EC               | CORP              | GB        |    113625 | NS      | $4358654.93   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| International Seaways Inc.                  | International Seaways Inc. COM NPV                 | CUSIP: Y41053102<br>LEI: 549300YUFDGFRNGBWF46 | Long             | EC               | CORP              | MH        |     67050 | NS      | $3255277.53   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp.                  | Albany International Corp. CL A                    | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |      8100 | NS      | $410670.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Enterprises Inc.                     | Apogee Enterprises Inc. COM                        | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |     15600 | NS      | $567996.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardent Health Inc.                          | Ardent Health Inc. COM                             | CUSIP: 03980N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29100 | NS      | $256953.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics, Inc.                     | Arrow Electronics, Inc. COM                        | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |      5100 | NS      | $561918.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Par Pacific Holdings, Inc.                  | Par Pacific Holdings, Inc. COM NEW                 | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |     24700 | NS      | $867958.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Phinia Inc.                                 | Phinia Inc. COMMON STOCK                           | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |      8000 | NS      | $501520.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Artesian Resources Corp.                    | Artesian Resources Corp. CL A                      | CUSIP: 043113208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5400 | NS      | $170694.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp                        | Associated Banc-Corp COM                           | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |     14200 | NS      | $365792.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanta Braves Holdings Inc                 | Atlanta Braves Holdings Inc COM SER C              | CUSIP: 047726302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     87844 | NS      | $3465445.78   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet, Inc.                                 | Avnet, Inc. COM                                    | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     16600 | NS      | $798128.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Baycom Corp                                 | Baycom Corp COM                                    | CUSIP: 07272M107<br>LEI: 549300UOLS54Q5ONIG33 | Long             | EC               | CORP              | US        |      7000 | NS      | $205800.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corporation                     | Black Hills Corporation COM                        | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     12800 | NS      | $888576.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgewater Bancshares Inc.                 | Bridgewater Bancshares Inc. COM                    | CUSIP: 108621103<br>LEI: 5493001FLSBTVILKXZ71 | Long             | EC               | CORP              | US        |     11000 | NS      | $192830.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp.                    | CECO Environmental Corp. COM                       | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |     90248 | NS      | $5401342.89   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbus McKinnon Corp.                     | Columbus McKinnon Corp. COM                        | CUSIP: 199333105<br>LEI: 549300W3HQB0HO1F3G69 | Long             | EC               | CORP              | US        |     57700 | NS      | $995325.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Trust Bancorp Inc                 | Community Trust Bancorp Inc COM                    | CUSIP: 204149108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7000 | NS      | $395500.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Elliman Inc                         | Douglas Elliman Inc COM                            | CUSIP: 25961D105<br>LEI: 549300BXICHPOXA1NO93 | Long             | EC               | CORP              | US        |    160400 | NS      | $380148.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire State Realty Trust Inc               | Empire State Realty Trust Inc CL A                 | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |     50900 | NS      | $331868.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Financial Institutions Inc.                 | Financial Institutions Inc. COM                    | CUSIP: 317585404<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25600 | NS      | $797952.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| First Hawaiian Inc.                         | First Hawaiian Inc. COM                            | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |     33200 | NS      | $839960.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate Bancsystem Inc.            | First Interstate Bancsystem Inc. COM               | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |     19000 | NS      | $657400.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Industrial Company                   | Global Industrial Company COM                      | CUSIP: 37892E102<br>LEI: 5493000GO8Z3HEWCGE46 | Long             | EC               | CORP              | US        |     14475 | NS      | $422959.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Southern Bancorp Inc.                 | Great Southern Bancorp Inc. COM                    | CUSIP: 390905107<br>LEI: 5493000ZL7DLNMN1AB26 | Long             | EC               | CORP              | US        |      7600 | NS      | $467856.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanmi Financial Corp.                       | Hanmi Financial Corp. COM USD0.001                 | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |     76659 | NS      | $2072092.77   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Jakks Pacific Inc                           | Jakks Pacific Inc COM NEW                          | CUSIP: 47012E403<br>LEI: 549300UEF3348JRXQ295 | Long             | EC               | CORP              | US        |     21200 | NS      | $357856.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc                          | Kontoor Brands Inc COM                             | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     52507 | NS      | $3207652.59   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                  | Korn Ferry COM USD0.01                             | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     55580 | NS      | $3669391.58   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Limbach Holdings Inc.                       | Limbach Holdings Inc. COM                          | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |     20628 | NS      | $1605889.75   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Madden(Steven)Ltd.                          | Madden(Steven)Ltd. COM                             | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     17900 | NS      | $745356.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid Penn Bancorp Inc.                       | Mid Penn Bancorp Inc. COM                          | CUSIP: 59540G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6200 | NS      | $192324.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| ONE Gas, Inc.                               | ONE Gas, Inc. COM                                  | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |      5000 | NS      | $386250.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Bancorp Inc                          | Origin Bancorp Inc COM                             | CUSIP: 68621T102<br>LEI: 54930055DO2Z4KO3NB45 | Long             | EC               | CORP              | US        |     19300 | NS      | $725873.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH Corp.                                   | PVH Corp. COM                                      | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |      5400 | NS      | $361908.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Peapack-Gladstone Financial Corp.           | Peapack-Gladstone Financial Corp. COM              | CUSIP: 704699107<br>LEI: 549300G8DN2UK8K0ET30 | Long             | EC               | CORP              | US        |     13700 | NS      | $381545.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Financial Services Inc.           | Provident Financial Services Inc. COM USD0.01      | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |     41103 | NS      | $811784.26    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Resources Connection Inc.                   | Resources Connection Inc. COM USD0.01              | CUSIP: 76122Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49700 | NS      | $250488.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares Inc.                 | ServisFirst Bancshares Inc. COM                    | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33068 | NS      | $2373951.66   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Sierra Bancorp                              | Sierra Bancorp COM                                 | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7400 | NS      | $241832.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation                | Stifel Financial Corporation COM                   | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |     45443 | NS      | $5690372.58   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Tutor Perini Corporation                    | Tutor Perini Corporation COM                       | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |      7600 | NS      | $509352.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| United Fire Group Inc                       | United Fire Group Inc COM                          | CUSIP: 910340108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6300 | NS      | $229005.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Univest Financial Corp.                     | Univest Financial Corp. COM                        | CUSIP: 915271100<br>LEI: 4WII2HCR8UEWNU03U507 | Long             | EC               | CORP              | US        |     20200 | NS      | $661348.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaalco Energy Inc                           | Vaalco Energy Inc COM NEW                          | CUSIP: 91851C201<br>LEI: 549300CFHFVIWB8M6T24 | Long             | EC               | CORP              | US        |    222100 | NS      | $808444.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Aspen Insurance Holdings Ltd.               | Aspen Insurance Holdings Ltd. ORD SHS CL A         | CUSIP: G05384501<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EC               | CORP              | BM        |     17900 | NS      | $664090.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd.                           | Essent Group Ltd. COM USD0.015                     | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |     13200 | NS      | $858132.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                   | Gates Industrial Corp PLC ORD SHS                  | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |     15300 | NS      | $328491.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Group PLC                   | Janus Henderson Group PLC ORD USD1.50              | CUSIP: G4474Y214<br>LEI: 2138009WPYMWJN3RVF44 | Long             | EC               | CORP              | JE        |      9100 | NS      | $432887.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International Plc               | Weatherford International Plc COM USD0.001         | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |     41118 | NS      | $3217894.78   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Noble Corporation PLC                       | Noble Corporation PLC ORD SHS A                    | CUSIP: G65431127<br>LEI: 549300I3HBUNXO0OG954 | Long             | EC               | CORP              | GB        |     12700 | NS      | $358648.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc.                             | Photronics Inc. COM                                | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |     32400 | NS      | $1036800.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp                                 | Plexus Corp COM                                    | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |      2691 | NS      | $395577.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewell Personal Care Co                   | Edgewell Personal Care Co COM                      | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |     22100 | NS      | $376805.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings Inc                      | Energizer Holdings Inc COM                         | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |     16800 | NS      | $334152.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Polaris Inc.                                | Polaris Inc. COM                                   | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |      9100 | NS      | $575575.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc.                      | Powell Industries Inc. COM                         | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |     14308 | NS      | $4561104.27   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| RPC Inc                                     | RPC Inc COM                                        | CUSIP: 749660106<br>LEI: 549300ZDXAFBC3SB4918 | Long             | EC               | CORP              | US        |     83300 | NS      | $453152.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Rex American Resources Corp                 | Rex American Resources Corp COM                    | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27300 | NS      | $882336.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc.                            | Robert Half Inc. COM                               | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |     25400 | NS      | $689864.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| H2O America                                 | H2O America COM                                    | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18100 | NS      | $886719.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanfilippo(John B)                          | Sanfilippo(John B) COM                             | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Long             | EC               | CORP              | US        |     10800 | NS      | $762480.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group Inc.              | Selective Insurance Group Inc. COM                 | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |      7200 | NS      | $602424.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Eplus Inc                                   | Eplus Inc COM                                      | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |      7900 | NS      | $692830.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp.                          | FB Financial Corp. COM                             | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |     83823 | NS      | $4677323.41   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corp                 | Simmons First National Corp CL A $1 PAR            | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |     44000 | NS      | $829400.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonoco Products Company                     | Sonoco Products Company COM                        | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |     10000 | NS      | $436400.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services Corporation    | Stewart Information Services Corporation COM       | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |      8300 | NS      | $583158.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Supernus Pharmaceuticals, Inc               | Supernus Pharmaceuticals, Inc COM                  | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |     97856 | NS      | $4863443.20   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co                                  | Tennant Co COM                                     | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |      8400 | NS      | $619080.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Thor Industries Inc.                        | Thor Industries Inc. COM                           | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |      8000 | NS      | $821360.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| The Timken Company                          | The Timken Company COM                             | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     11500 | NS      | $967495.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Tompkins Financial Corp.                    | Tompkins Financial Corp. COM                       | CUSIP: 890110109<br>LEI: 254900QDQ6V0QJ0Z2348 | Long             | EC               | CORP              | US        |      7600 | NS      | $551152.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                                    | UGI Corp COM                                       | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |    154165 | NS      | $5770395.85   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Unifirst Corp                               | Unifirst Corp COM                                  | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |      2500 | NS      | $482250.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corporation                         | Vontier Corporation COM                            | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |    161785 | NS      | $6015166.33   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Inmode Limited                              | Inmode Limited SHS                                 | CUSIP: M5425M103<br>LEI: 984500DD95A35E9BD358 | Long             | EC               | CORP              | IL        |     59900 | NS      | $879931.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| First Busey Corporation                     | First Busey Corporation COM NEW                    | CUSIP: 319383204<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EC               | CORP              | US        |    133084 | NS      | $3166068.41   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corporation                            | GATX Corporation COM                               | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |     19028 | NS      | $3227148.75   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp                                 | Gentex Corp COM                                    | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |     31700 | NS      | $737659.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodyear Tire & Rubber Co. The              | Goodyear Tire & Rubber Co. The COM                 | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |     59400 | NS      | $520344.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Point Mortgage Trust Inc            | Granite Point Mortgage Trust Inc COM STK           | CUSIP: 38741L107<br>LEI: 529900VX2HQZ76AYIE02 | Long             | EC               | CORP              | US        |     83250 | NS      | $199800.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| The Greenbrier Companies, Inc.              | The Greenbrier Companies, Inc. COM                 | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |     12200 | NS      | $570228.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp                                | Griffon Corp COM                                   | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |     71003 | NS      | $5229370.91   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp                            | Haemonetics Corp COM                               | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |     43324 | NS      | $3472418.67   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson, Inc.                       | Harley-Davidson, Inc. COM                          | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |     28900 | NS      | $592161.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Haverty Furniture Cos Inc                   | Haverty Furniture Cos Inc COM                      | CUSIP: 419596101<br>LEI: 529900CVFMMIRXZVPD70 | Long             | EC               | CORP              | US        |     28900 | NS      | $675104.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group Inc.              | Healthcare Services Group Inc. COM                 | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |     44000 | NS      | $841280.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Express Inc.                      | Heartland Express Inc. COM                         | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |     74200 | NS      | $670026.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Home BancShares Inc.                        | Home BancShares Inc. COM                           | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    188320 | NS      | $5231529.61   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Bancorp Inc.                           | Home Bancorp Inc. COM                              | CUSIP: 43689E107<br>LEI: 5493008ATL42O3U2YM84 | Long             | EC               | CORP              | US        |      7400 | NS      | $427720.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hope Bancorp Inc                            | Hope Bancorp Inc COM                               | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |     71200 | NS      | $780352.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corporation           | Horace Mann Educators Corporation COM              | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |      8700 | NS      | $401766.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Incorporated          | Huntington Bancshares Incorporated COM             | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |     51285 | NS      | $889794.75    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovex International Inc.                  | Innovex International Inc. COM                     | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |     34800 | NS      | $761076.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                                | Innospec Inc COM                                   | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |      8300 | NS      | $635282.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                               | Insperity Inc COM                                  | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |      8600 | NS      | $332992.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                  | Kadant Inc COM USD0.01                             | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |     12232 | NS      | $3486364.64   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennametal Inc                              | Kennametal Inc COM                                 | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |      7700 | NS      | $218757.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kosmos Energy Ltd                           | Kosmos Energy Ltd COM                              | CUSIP: 500688106<br>LEI: 213800YDFJ3OT9B5P157 | Long             | EC               | CORP              | US        |    520300 | NS      | $472120.22    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Leggett & Platt Inc.                        | Leggett & Platt Inc. COM                           | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |     45400 | NS      | $499400.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                          | Liberty Energy Inc COM CL A                        | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35000 | NS      | $646100.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp.                      | Lincoln National Corp. COM                         | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |     15900 | NS      | $708027.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mattel, Inc.                                | Mattel, Inc. COM                                   | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |     20900 | NS      | $414656.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| McGrath RentCorp.                           | McGrath RentCorp. COM                              | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |     44500 | NS      | $4669385.09   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Merchants Bancorp. (Indiana)                | Merchants Bancorp. (Indiana) COM                   | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |     27600 | NS      | $940056.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                         | Mercury Systems Inc COM USD0.01                    | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |     41768 | NS      | $3049481.65   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Methode Electronics Inc.                    | Methode Electronics Inc. COM                       | CUSIP: 591520200<br>LEI: 529900VM413LGLUS3F07 | Long             | EC               | CORP              | US        |     85400 | NS      | $567056.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Midland States Bancorp Inc.                 | Midland States Bancorp Inc. COM                    | CUSIP: 597742105<br>LEI: 5493006RHXW9TTBWYC94 | Long             | EC               | CORP              | US        |     24500 | NS      | $518665.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Monarch Casino & Resort Inc                 | Monarch Casino & Resort Inc COM                    | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |      2000 | NS      | $191400.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV Inc.                                    | NOV Inc. COM                                       | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |     59900 | NS      | $936237.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corporation                         | Navient Corporation COM                            | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |     68800 | NS      | $894400.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Northeast Bank                              | Northeast Bank COM                                 | CUSIP: 66405S100<br>LEI: 549300F0LV9TSW34E306 | Long             | EC               | CORP              | US        |      8507 | NS      | $884132.51    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil States International, Inc.              | Oil States International, Inc. COM                 | CUSIP: 678026105<br>LEI: 5493004TF4KQJGMYL777 | Long             | EC               | CORP              | US        |    108000 | NS      | $731160.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Onewater Marine Inc.                        | Onewater Marine Inc. CL A COM                      | CUSIP: 68280L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25200 | NS      | $272664.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Pagerduty Inc                               | Pagerduty Inc COM                                  | CUSIP: 69553P100<br>LEI: 549300U1SB749EDAGH21 | Long             | EC               | CORP              | US        |    156642 | NS      | $2053576.63   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Pennant Group Inc                           | Pennant Group Inc COM                              | CUSIP: 70805E109<br>LEI: 5493007H2OYR6BYLDA64 | Long             | EC               | CORP              | US        |    112254 | NS      | $3159950.10   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Phoenix Education Partners Inc.             | Phoenix Education Partners Inc. COM                | CUSIP: 718968100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64630 | NS      | $1958289.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings Inc.                          | Post Holdings Inc. COM                             | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |     35113 | NS      | $3477942.68   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR Holdings Inc.                           | QCR Holdings Inc. COM                              | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |      8400 | NS      | $699720.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Rev Group Inc                               | Rev Group Inc COM                                  | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |      4900 | NS      | $297969.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Reynolds Consumer Products Inc.             | Reynolds Consumer Products Inc. COM                | CUSIP: 76171L106<br>LEI: 894500ZQLNYY77S80A06 | Long             | EC               | CORP              | US        |     33600 | NS      | $770112.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ScanSource Inc.                             | ScanSource Inc. COM NPV                            | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |     14000 | NS      | $546840.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp.    | Science Applications International Corp. USD0.0001 | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |      6200 | NS      | $624092.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group Inc       | Skyward Specialty Insurance Group Inc COM          | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |     91600 | NS      | $4681676.03   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials Inc.            | Solstice Advanced Materials Inc. COM SHS           | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |     85833 | NS      | $4169767.08   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp.                     | Synovus Financial Corp. COM NEW                    | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |      4200 | NS      | $210210.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc                  | Thermon Group Holdings Inc COM                     | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |     29300 | NS      | $1088788.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Tidewater Inc New                           | Tidewater Inc New COM                              | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |      3800 | NS      | $191938.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan Machinery Inc.                        | Titan Machinery Inc. COM                           | CUSIP: 88830R101<br>LEI: 549300835ZM8G0BT5C94 | Long             | EC               | CORP              | US        |     39000 | NS      | $586560.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel Plus Leisure Co                      | Travel Plus Leisure Co COM                         | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     13600 | NS      | $959208.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Trueblue Inc                                | Trueblue Inc COM                                   | CUSIP: 89785X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90400 | NS      | $411320.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Pursuit Attractions and Hospitality Inc     | Pursuit Attractions and Hospitality Inc COM        | CUSIP: 92552R406<br>LEI: 549300PXU4ZW7LPO5Y40 | Long             | EC               | CORP              | US        |     89563 | NS      | $3016481.80   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corporation              | Wintrust Financial Corporation COM NPV             | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     42934 | NS      | $6003031.91   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd.                       | Assured Guaranty Ltd. COM USD0.01                  | CUSIP: G0585R106<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | BM        |      5800 | NS      | $521246.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd                                 | Invesco Ltd COM STK USD0.20                        | CUSIP: G491BT108<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |     21700 | NS      | $570059.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| LivaNova PLC                                | LivaNova PLC ORD GBP1.00 (DI)                      | CUSIP: G5509L101<br>LEI: 2138001K2FX6SHK2B339 | Long             | EC               | CORP              | GB        |     15500 | NS      | $953715.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Aebi Schmidt Holding AG                     | Aebi Schmidt Holding AG COM                        | CUSIP: H00501108<br>LEI: 506700TN58RT735OV464 | Long             | EC               | CORP              | CH        |    266266 | NS      | $3368264.93   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-12

**Name of Applicant:** EMPOWER FUNDS, INC.

**Signature:** /s/Kelly New

**Name of Signer:** Kelly New

**Title:** Treasurer, Empower Funds, Inc.