# EDGAR Filing Document

**Accession Number:** 0000745968
**File Stem:** 0001193125-25-292328
**Filing Date:** 2025-11
**Character Count:** 74751
**Document Hash:** d73c566bafaae648afcf1695c9d8b421
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-292328.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0001193125-25-292328

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Equity Funds
- **CENTRAL INDEX KEY:** 0000745968

**ORGANIZATION NAME:**
- **EIN:** 251470423
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04017
- **FILM NUMBER:** 251509905

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 8003417400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED EQUITY FUNDS
- **DATE OF NAME CHANGE:** 20200616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED HERMES EQUITY FUNDS
- **DATE OF NAME CHANGE:** 20200615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED EQUITY FUNDS
- **DATE OF NAME CHANGE:** 19950810

## Series and Classes Contracts Data

### Federated Hermes Prudent Bear Fund (Series ID: S000023465)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000068994 | Class A Shares       | BEARX           |
| C000068995 | Class C Shares       | PBRCX           |
| C000068996 | Institutional Shares | PBRIX           |
| C000188319 | Class T Shares       |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes Equity Funds

- **b. Investment Company Act file number:** 811-04017

- **c. CIK number of Registrant:** 0000745968

- **d. LEI of Registrant:** 254900QLYYRKC7NVWP04

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

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

- **a. Name of Series:** Federated Hermes Prudent Bear Fund

- **b. EDGAR series identifier (if any):** S000023465

- **c. LEI of Series:** DFLN6WC843HZPXL6CQ94

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $171256195.49

**Total Liabilities:** $71661219.99

**Net Assets:** $99594975.50

**Cash Not Reported:** $70892057.20

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000068994 | -2.28%               | -1.17%               | -2.84%               |
| Class ID C000068995 | -2.23%               | -1.14%               | -2.89%               |
| Class ID C000068996 | -2.20%               | -1.12%               | -2.73%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2020440.50             | $520772.13                                 |
| Month 2  | $347009.18               | $-1169202.07                               |
| Month 3  | $-753609.52              | $-968112.95                                |

**Designated Index Information**

- **Index Name:** 190% ICE BofAML US 3Mth T Bill Index, -90% S&P500

- **Index Identifier:** 190% LUS3, -90% SPX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Lyft Inc                                       | Lyft Inc                                       | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |      5800 | NS      | $127658.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P Biotech ETF                           | SPDR S&P Biotech ETF                           | CUSIP: 78464A870<br>LEI: 549300Y3ODFMPD5XXL58 | Short            | EC               | RF                | US        |     -1200 | NS      | $-120240.00   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Schrodinger Inc/United States                  | Schrodinger Inc/United States                  | CUSIP: 80810D103<br>LEI: 984500044BAE4791E559 | Long             | EC               | CORP              | US        |      3000 | NS      | $60180.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Property Trust Inc                    | Starwood Property Trust Inc                    | CUSIP: 85571B105<br>LEI: BUGSFQZERKRBFWIG5267 | Short            | EC               |  | US        |     -6200 | NS      | $-120094.00   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| AGNC Investment Corp                           | AGNC Investment Corp                           | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Short            | EC               |  | US        |    -10000 | NS      | $-97900.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc                                 | DraftKings Inc                                 | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |      4000 | NS      | $149600.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                                   | Entegris Inc                                   | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Short            | EC               | CORP              | US        |      -500 | NS      | $-46230.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc                       | Essex Property Trust Inc                       | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Short            | EC               |  | US        |      -310 | NS      | $-82974.60    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting Inc                             | FTI Consulting Inc                             | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Short            | EC               | CORP              | US        |      -500 | NS      | $-80825.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Co                   | Graphic Packaging Holding Co                   | CUSIP: 388689101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3900 | NS      | $-76323.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                        | KeyCorp                                        | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Short            | EC               | CORP              | US        |     -5000 | NS      | $-93450.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                              | Kinder Morgan Inc                              | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Short            | EC               | CORP              | US        |     -3200 | NS      | $-90592.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                             | Analog Devices Inc                             | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Short            | EC               | CORP              | US        |      -260 | NS      | $-63882.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| LB Pharmaceuticals Inc                         | LB Pharmaceuticals Inc                         | CUSIP: 50180M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $63160.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Revvity Inc                                    | Revvity Inc                                    | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Short            | EC               | CORP              | US        |      -700 | NS      | $-61355.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Reynolds Consumer Products Inc                 | Reynolds Consumer Products Inc                 | CUSIP: 76171L106<br>LEI: 894500ZQLNYY77S80A06 | Short            | EC               | CORP              | US        |     -4300 | NS      | $-105221.00   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                      | Teledyne Technologies Inc                      | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Short            | EC               | CORP              | US        |       -80 | NS      | $-46883.20    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                               | Coca-Cola Co/The                               | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Short            | EC               | CORP              | US        |     -1500 | NS      | $-99480.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp                      | Constellation Energy Corp                      | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Short            | EC               | CORP              | US        |      -250 | NS      | $-82267.50    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| SimilarWeb Ltd                                 | SimilarWeb Ltd                                 | CUSIP: 000000000<br>LEI: 254900GWO7PNBAYCPJ12 | Long             | EC               | CORP              | IL        |     14000 | NS      | $130200.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cooper Cos Inc/The                             | Cooper Cos Inc/The                             | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Short            | EC               | CORP              | US        |      -900 | NS      | $-61704.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                               | DT Midstream Inc                               | CUSIP: 23345M107<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -800 | NS      | $-90448.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Elanco Animal Health Inc                       | Elanco Animal Health Inc                       | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Short            | EC               | CORP              | US        |     -5000 | NS      | $-100700.00   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| KinderCare Learning Cos Inc                    | KinderCare Learning Cos Inc                    | CUSIP: 49456W105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10000 | NS      | $66400.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc                  | Live Nation Entertainment Inc                  | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Short            | EC               | CORP              | US        |      -280 | NS      | $-45752.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                           | Lockheed Martin Corp                           | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       400 | NS      | $199684.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AST SpaceMobile Inc                            | AST SpaceMobile Inc                            | CUSIP: 00217D100<br>LEI: 254900MBSC9P2UCI6623 | Short            | EC               | CORP              | US        |      -750 | NS      | $-36810.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc                             | Ally Financial Inc                             | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Short            | EC               | CORP              | US        |     -3000 | NS      | $-117600.00   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports Corp              | Madison Square Garden Sports Corp              | CUSIP: 55825T103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -320 | NS      | $-72640.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc                     | Mondelez International Inc                     | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Short            | EC               | CORP              | US        |     -1400 | NS      | $-87458.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp                                    | Bruker Corp                                    | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Short            | EC               | CORP              | US        |     -1700 | NS      | $-55233.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                          | Dell Technologies Inc                          | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Short            | EC               | CORP              | US        |      -480 | NS      | $-68049.60    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Newell Brands Inc                              | Newell Brands Inc                              | CUSIP: 651229106<br>LEI: 549300LWGYFM1TVO1Z12 | Short            | EC               | CORP              | US        |    -12900 | NS      | $-67596.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                            | PayPal Holdings Inc                            | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      3000 | NS      | $201180.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AbCellera Biologics Inc                        | AbCellera Biologics Inc                        | CUSIP: 00288U106<br>LEI: 9845000861BC95FF9F73 | Long             | EC               | CORP              | CA        |      1396 | NS      | $7021.88      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Healthcare Co Inc                       | Acadia Healthcare Co Inc                       | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Short            | EC               | CORP              | US        |     -3000 | NS      | $-74280.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                      | Adobe Inc                                      | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       400 | NS      | $141100.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp                            | Alliant Energy Corp                            | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Short            | EC               | CORP              | US        |     -1000 | NS      | $-67410.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| American Integrity Insurance Group Inc         | American Integrity Insurance Group Inc         | CUSIP: 026948109<br>LEI: 529900Y2VOV2LYV4OK68 | Long             | EC               | CORP              | US        |      4603 | NS      | $102692.93    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                            | American Tower Corp                            | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               |  | US        |       600 | NS      | $115392.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods Inc                      | Dick's Sporting Goods Inc                      | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Short            | EC               | CORP              | US        |      -250 | NS      | $-55555.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                            | Dominion Energy Inc                            | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Short            | EC               | CORP              | US        |     -1100 | NS      | $-67287.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust Inc                     | Americold Realty Trust Inc                     | CUSIP: 03064D108<br>LEI: 894500O3S3W62PQPO460 | Long             | EC               |  | US        |      4000 | NS      | $48960.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup Inc                                 | AptarGroup Inc                                 | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |       800 | NS      | $106928.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Arteris Inc                                    | Arteris Inc                                    | CUSIP: 04302A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10000 | NS      | $101000.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Bentley Systems Inc                            | Bentley Systems Inc                            | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Short            | EC               | CORP              | US        |     -1130 | NS      | $-58172.40    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                                  | Blackrock Inc                                  | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       150 | NS      | $174880.50    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc                           | Blue Owl Capital Inc                           | CUSIP: 09581B103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -4800 | NS      | $-81264.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| DoubleVerify Holdings Inc                      | DoubleVerify Holdings Inc                      | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10000 | NS      | $119800.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities Inc                        | Essential Utilities Inc                        | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Short            | EC               | CORP              | US        |     -1500 | NS      | $-59850.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc                        | Cboe Global Markets Inc                        | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |       300 | NS      | $73575.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Holdings Inc         | CCC Intelligent Solutions Holdings Inc         | CUSIP: 12510Q100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -2500 | NS      | $-22775.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| HBX Group International PLC                    | HBX Group International PLC                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |     20000 | NS      | $169596.81    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| QUALCO GROUP SA                                | QUALCO GROUP SA                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GR        |     15000 | NS      | $96858.60     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| CenterPoint Energy Inc                         | CenterPoint Energy Inc                         | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Short            | EC               | CORP              | US        |     -1700 | NS      | $-65960.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Criteo SA                                      | Criteo SA                                      | CUSIP: 226718104<br>LEI: 969500EELFB4RDMFHA76 | Long             | EC               | CORP              | FR        |      6000 | NS      | $135600.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Everus Construction Group Inc                  | Everus Construction Group Inc                  | CUSIP: 300426103<br>LEI: 2549006JMMHR0KILT425 | Short            | EC               | CORP              | US        |     -1500 | NS      | $-128625.00   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies Inc                 | GE HealthCare Technologies Inc                 | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Short            | EC               | CORP              | US        |     -1000 | NS      | $-75100.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                  | Accenture PLC                                  | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Short            | EC               | CORP              | IE        |      -220 | NS      | $-54252.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Inmode Ltd                                     | Inmode Ltd                                     | CUSIP: 000000000<br>LEI: 984500DD95A35E9BD358 | Long             | EC               | CORP              | IL        |      4000 | NS      | $59600.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                               | Crown Castle International Corp                | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               |  | US        |      1700 | NS      | $164033.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                                    | Cummins Inc                                    | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Short            | EC               | CORP              | US        |      -300 | NS      | $-126711.00   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                                     | Fiserv Inc                                     | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      1800 | NS      | $232074.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                         | HP Inc                                         | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Short            | EC               | CORP              | US        |     -1500 | NS      | $-40845.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp                              | Hyatt Hotels Corp                              | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Short            | EC               | CORP              | US        |      -700 | NS      | $-99351.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                                   | Illumina Inc                                   | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |       800 | NS      | $75976.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingram Micro Holding Corp                      | Ingram Micro Holding Corp                      | CUSIP: 457152106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -2800 | NS      | $-60172.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust Series 1                     | Invesco QQQ Trust Series 1                     | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Short            | EC               | RF                | US        |      -600 | NS      | $-360222.00   | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp                            | Kimberly-Clark Corp                            | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |      1000 | NS      | $124340.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Legend Biotech Corp                            | Legend Biotech Corp                            | CUSIP: 52490G102<br>LEI: 254900EIUFZTW136H859 | Long             | EC               | CORP              | KY        |      4400 | NS      | $143484.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc                 | Air Products and Chemicals Inc                 | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Short            | EC               | CORP              | US        |      -290 | NS      | $-79088.80    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                             | Ingersoll Rand Inc                             | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Short            | EC               | CORP              | US        |     -1100 | NS      | $-90882.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                            | JPMorgan Chase & Co                            | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |       600 | NS      | $189258.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                   | Alphabet Inc                                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       600 | NS      | $145860.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co                          | Becton Dickinson and Co                        | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Short            | EC               | CORP              | US        |      -400 | NS      | $-74868.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                 | ELI LILLY & CO                                 | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       130 | NS      | $99190.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc                        | Millrose Properties Inc                        | CUSIP: 601137102<br>LEI: N/A                  | Short            | EC               |  | US        |     -2900 | NS      | $-97469.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc                                        | MKS Instruments Inc                            | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Short            | EC               | CORP              | US        |      -600 | NS      | $-74262.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc                  | Martin Marietta Materials Inc                  | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Short            | EC               | CORP              | US        |      -150 | NS      | $-94542.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                     | Neurocrine Biosciences Inc                     | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      1000 | NS      | $140380.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                              | Omnicom Group Inc                              | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Short            | EC               | CORP              | US        |      -600 | NS      | $-48918.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                                  | Boeing Co/The                                  | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Short            | EC               | CORP              | US        |      -500 | NS      | $-107915.00   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                        | Bristol-Myers Squibb Co                        | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      2600 | NS      | $117260.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands International Inc            | Restaurant Brands International Inc            | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Short            | EC               | CORP              | CA        |     -1290 | NS      | $-82740.60    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| TPG Inc                                        | TPG Inc                                        | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Short            | EC               | CORP              | US        |     -1700 | NS      | $-97665.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Merrill Lynch International                    | SPDR S+P 500 ETF TRUST                         | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DE               |  | US        |       200 | NC      | $16700.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                              | Brown & Brown Inc                              | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Short            | EC               | CORP              | US        |      -700 | NS      | $-65653.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                                    | CDW Corp/DE                                    | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Short            | EC               | CORP              | US        |      -310 | NS      | $-49376.80    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Co Inc/MD                          | McCormick & Co Inc/MD                          | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Short            | EC               | CORP              | US        |     -1450 | NS      | $-97019.50    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                 | Merck & Co Inc                                 | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      1200 | NS      | $100716.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                     | Chipotle Mexican Grill Inc                     | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $117570.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Choice Hotels International Inc                | Choice Hotels International Inc                | CUSIP: 169905106<br>LEI: 5493003CYRY5RFGTIR97 | Short            | EC               | CORP              | US        |      -800 | NS      | $-85528.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp                                   | Nordson Corp                                   | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Short            | EC               | CORP              | US        |      -500 | NS      | $-113475.00   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Health Care Select Sector SPDR Fund            | Health Care Select Sector SPDR Fund            | CUSIP: 81369Y209<br>LEI: 549300EJNY3KKJHPOY44 | Short            | EC               | RF                | US        |     -1500 | NS      | $-208755.00   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                   | Citizens Financial Group Inc                   | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |      1400 | NS      | $74424.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                                  | Coherent Corp                                  | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Short            | EC               | CORP              | US        |      -550 | NS      | $-59246.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Concentra Group Holdings Parent Inc            | Concentra Group Holdings Parent Inc            | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3500 | NS      | $73255.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co                                   | Crane Holdings Co                              | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Short            | EC               | CORP              | US        |      -920 | NS      | $-61704.40    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                         | Diamondback Energy Inc                         | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Short            | EC               | CORP              | US        |      -730 | NS      | $-104463.00   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                        | Dow Inc                                        | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Short            | EC               | CORP              | US        |     -3000 | NS      | $-68790.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                  | Dynatrace Inc                                  | CUSIP: 268150109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -1000 | NS      | $-48450.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                                | First Solar Inc                                | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Short            | EC               | CORP              | US        |      -150 | NS      | $-33079.50    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Hain Celestial Group Inc/The                   | Hain Celestial Group Inc/The                   | CUSIP: 405217100<br>LEI: 5493000S8QXWHLIXDP75 | Long             | EC               | CORP              | US        |     29356 | NS      | $46382.48     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co                  | Hewlett Packard Enterprise Co                  | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Short            | EC               | CORP              | US        |     -1200 | NS      | $-29472.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc                      | Host Hotels & Resorts Inc                      | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               |  | US        |      6000 | NS      | $102120.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Infinity Natural Resources Inc                 | Infinity Natural Resources Inc                 | CUSIP: 456941103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $104880.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc                             | IQVIA Holdings Inc                             | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |       650 | NS      | $123461.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                                     | JD.com Inc                                     | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |      3000 | NS      | $104940.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Consumer Staples Select Sector SPDR Fund       | Consumer Staples Select Sector SPDR Fund       | CUSIP: 81369Y308<br>LEI: 549300Z52QUV3UXHLA68 | Short            | EC               | RF                | US        |     -3000 | NS      | $-235110.00   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Consumer Discretionary Select Sector SPDR Fund | Consumer Discretionary Select Sector SPDR Fund | CUSIP: 81369Y407<br>LEI: 549300CD2I087Y919K79 | Short            | EC               | RF                | US        |      -100 | NS      | $-23964.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Kyverna Therapeutics Inc                       | Kyverna Therapeutics Inc                       | CUSIP: 501976104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6000 | NS      | $36000.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithium Royalty Corp                           | Lithium Royalty Corp                           | CUSIP: 53680W105<br>LEI: 549300PNTZ1SGOX9FY92 | Long             | EC               | CORP              | CA        |     15000 | NS      | $66393.62     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Inc                               | Viper Energy Inc                               | CUSIP: 64361Q101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -2600 | NS      | $-99372.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Oportun Financial Corp                         | Oportun Financial Corp                         | CUSIP: 68376D104<br>LEI: 549300351Y4J4FKIOR78 | Long             | EC               | CORP              | US        |     10000 | NS      | $61700.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Select Sector SPDR Fund                 | Energy Select Sector SPDR Fund                 | CUSIP: 81369Y506<br>LEI: 54930064FLK0RD4TRU75 | Short            | EC               | RF                | US        |     -2700 | NS      | $-241218.00   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Real Estate Select Sector SPDR Fund            | Real Estate Select Sector SPDR Fund            | CUSIP: 81369Y860<br>LEI: 549300SPMSTD3BRHL041 | Short            | EC               | RF                | US        |     -7500 | NS      | $-315975.00   | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| Pattern Group Inc                              | Pattern Group Inc                              | CUSIP: 70339W104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $109600.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc                | Philip Morris International Inc                | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      1000 | NS      | $162200.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK CORP                           | SOUTHSTATE BANK CORP                           | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Short            | EC               | CORP              | US        |      -800 | NS      | $-79096.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Summit Therapeutics Inc                        | Summit Therapeutics Inc                        | CUSIP: 86627T108<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3000 | NS      | $-61980.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Relay Therapeutics Inc                         | Relay Therapeutics Inc                         | CUSIP: 75943R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16000 | NS      | $83520.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                  | Rexford Industrial Realty Inc                  | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Short            | EC               |  | US        |     -2300 | NS      | $-94553.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc                    | Ryan Specialty Holdings Inc                    | CUSIP: 78351F107<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -1200 | NS      | $-67632.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust                         | SPDR S&P 500 ETF Trust                         | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Short            | EC               | RF                | US        |    -90200 | NS      | $-60089436.00 | -60.33%           |  |  |  | No            |                  1 | On Loan: No      |
| Sun Country Airlines Holdings Inc              | Sun Country Airlines Holdings Inc              | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |      5000 | NS      | $59050.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                                 | SYNNEX Corp                                    | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Short            | EC               | CORP              | US        |      -270 | NS      | $-44212.50    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Savers Value Village Inc                       | Savers Value Village Inc                       | CUSIP: 80517M109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $106000.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Materials Select Sector SPDR Fund              | Materials Select Sector SPDR Fund              | CUSIP: 81369Y100<br>LEI: 549300N81BAQ1XPGBT65 | Short            | EC               | RF                | US        |     -1500 | NS      | $-134430.00   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Communication Services Select Sector SPDR Fund | Communication Services Select Sector SPDR Fund | CUSIP: 81369Y852<br>LEI: 549300RPODKQJE2HDW24 | Short            | EC               | RF                | US        |      -200 | NS      | $-23674.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Utilities Select Sector SPDR Fund              | Utilities Select Sector SPDR Fund              | CUSIP: 81369Y886<br>LEI: 549300ERQDM80PRYUH21 | Short            | EC               | RF                | US        |     -2500 | NS      | $-218025.00   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                                    | Trimble Inc                                    | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Short            | EC               | CORP              | US        |      -700 | NS      | $-57155.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                                       | UGI Corp                                       | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |      3000 | NS      | $99780.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                         | Sempra Energy                                  | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Short            | EC               | CORP              | US        |      -700 | NS      | $-62986.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Silvaco Group Inc                              | Silvaco Group Inc                              | CUSIP: 82728C102<br>LEI: 89450009UUSWTJL6DP68 | Long             | EC               | CORP              | US        |     80000 | NS      | $432800.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                          | Uber Technologies Inc                          | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      1700 | NS      | $166549.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                    | S+P500 EMINI FUT DEC25                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       -95 | NC      | $-426108.25   | -0.43%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                         | SPDR S+P 500 ETF TRUST                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |       300 | NC      | $24450.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                         | SPDR S+P 500 ETF TRUST                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |       400 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Group Ltd            | White Mountains Insurance Group Ltd            | CUSIP: 000000000<br>LEI: 549300N3FL068JERBG02 | Short            | EC               | CORP              | BM        |       -50 | NS      | $-83576.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Timee Inc                                      | Timee Inc                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10000 | NS      | $99787.71     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Corp                              | State Street Corp                              | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |      1200 | NS      | $139212.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Structure Therapeutics Inc                     | Structure Therapeutics Inc                     | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      2000 | NS      | $56000.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                   | Thermo Fisher Scientific Inc                   | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Short            | EC               | CORP              | US        |      -170 | NS      | $-82453.40    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                                          | 3M Co                                          | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Short            | EC               | CORP              | US        |      -600 | NS      | $-93108.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                    | CUSIP: 912797QE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  50000000 | PA      | $49955085.00  | 50.16%            | 2025-10-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | U.S. Treasury Bills                            | CUSIP: 912797SG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  32000000 | PA      | $31623065.60  | 31.75%            | 2026-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UWM Holdings Corp                              | UWM Holdings Corp                              | CUSIP: 91823B109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -18000 | NS      | $-109620.00   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                                  | Valvoline Inc                                  | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Short            | EC               | CORP              | US        |     -2600 | NS      | $-93366.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                                  | Welltower Inc                                  | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Short            | EC               |  | US        |      -500 | NS      | $-89070.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                           | Williams Cos Inc/The                           | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Short            | EC               | CORP              | US        |     -1700 | NS      | $-107695.00   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| ZoomInfo Technologies Inc                      | ZoomInfo Technologies Inc                      | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Short            | EC               | CORP              | US        |     -3000 | NS      | $-32730.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                         | SPDR S+P 500 ETF TRUST                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |       300 | NC      | $14550.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sophia Genetics SA                             | Sophia Genetics SA                             | CUSIP: 000000000<br>LEI: 506700H1GPU9GGM8W895 | Long             | EC               | CORP              | CH        |    100363 | NS      | $477727.88    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                                | Bunge Global SA                                | CUSIP: 000000000<br>LEI: 254900IVXSV9K0B7PO26 | Short            | EC               | CORP              | CH        |     -1200 | NS      | $-97500.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| NOBA Bank Group AB                             | NOBA Bank Group AB                             | CUSIP: 000000000<br>LEI: 21380057HUGFEAF25W84 | Long             | EC               | CORP              | SE        |     10000 | NS      | $99847.04     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                             | Royalty Pharma PLC                             | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |      3500 | NS      | $123480.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock PLC                           | Smurfit WestRock PLC                           | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Short            | EC               | CORP              | IE        |     -1800 | NS      | $-76626.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC                       | Willis Towers Watson PLC                       | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Short            | EC               | CORP              | IE        |      -300 | NS      | $-103635.00   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| SharkNinja Inc                                 | SharkNinja Inc                                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | EC               | CORP              | KY        |      -500 | NS      | $-51575.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                     | AbbVie Inc                                     | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       600 | NS      | $138924.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical Inc                    | BioMarin Pharmaceutical Inc                    | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |      2800 | NS      | $151648.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology Inc                                | CG oncology Inc                                | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $120840.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                          | Civitas Resources Inc                          | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |      4000 | NS      | $130000.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                 | ConocoPhillips                                 | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      1400 | NS      | $132426.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                               | Duke Energy Corp                               | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      1000 | NS      | $123750.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                               | Genuine Parts Co                               | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Short            | EC               | CORP              | US        |      -850 | NS      | $-117810.00   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                                       | LKQ Corp                                       | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Short            | EC               | CORP              | US        |     -2600 | NS      | $-79404.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Inc                                | Match Group Inc                                | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |      2500 | NS      | $88300.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                 | Public Storage                                 | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               |  | US        |       500 | NS      | $144425.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc                  | Regeneron Pharmaceuticals Inc                  | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Short            | EC               | CORP              | US        |      -120 | NS      | $-67472.40    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co Inc                   | Simpson Manufacturing Co Inc                   | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Short            | EC               | CORP              | US        |      -800 | NS      | $-133968.00   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Simulations Plus Inc                           | Simulations Plus Inc                           | CUSIP: 829214105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $120560.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                   | Synopsys Inc                                   | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Short            | EC               | CORP              | US        |      -100 | NS      | $-49339.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The                             | Trade Desk Inc/The                             | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Short            | EC               | CORP              | US        |      -620 | NS      | $-30386.20    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                                    | Trex Co Inc                                    | CUSIP: 89531P105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -1700 | NS      | $-87839.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                     | Verizon Communications Inc                     | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Short            | EC               | CORP              | US        |     -1080 | NS      | $-47466.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Astroscale Holdings Inc                        | Astroscale Holdings Inc                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     25000 | NS      | $112603.07    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Rigaku Holdings Corp                           | Rigaku Holdings Corp                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     16000 | NS      | $97060.91     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                                       | AAON Inc                                       | CUSIP: 000360206<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -1200 | NS      | $-112128.00   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| ARK Innovation ETF                             | ARK Innovation ETF                             | CUSIP: 00214Q104<br>LEI: 254900636IK9WKHH6949 | Short            | EC               | RF                | US        |     -1500 | NS      | $-129735.00   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| ARK Fintech Innovation ETF                     | ARK Fintech Innovation ETF                     | CUSIP: 00214Q708<br>LEI: 54930054K1MBIMPS7V72 | Short            | EC               | RF                | US        |     -2000 | NS      | $-113840.00   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                     | Airbnb Inc                                     | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      1000 | NS      | $121420.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                            | American Express Co                            | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |       300 | NS      | $99648.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                         | Cousins Properties Inc                         | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Short            | EC               |  | US        |     -2800 | NS      | $-81032.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Dynavax Technologies Corp                      | Dynavax Technologies Corp                      | CUSIP: 268158201<br>LEI: 549300T5URIXWDILX594 | Long             | EC               | CORP              | US        |      4000 | NS      | $39720.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GCI Liberty Inc                                | GCI Liberty Inc                                | CUSIP: 36164V602<br>LEI: 5493003JDENERRDYFN86 | Short            | EC               | CORP              | US        |      -800 | NS      | $-30044.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                    | Goldman Sachs Group Inc/The                    | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       200 | NS      | $159270.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/The               | Hartford Financial Services Group Inc/The      | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |       500 | NS      | $66695.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Russell 2000 ETF                       | iShares Russell 2000 ETF                       | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Short            | EC               | RF                | US        |     -3000 | NS      | $-725880.00   | -0.73%            |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp                                  | M&T Bank Corp                                  | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |       600 | NS      | $118572.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                          | Micron Technology Inc                          | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |       500 | NS      | $83660.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Government Obligations Fund          | Federated Hermes Government Obligations Fund   | CUSIP: 608919718<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        |   8029553 | NS      | $8029552.99   | 8.06%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co                           | National Fuel Gas Co                           | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      1000 | NS      | $92370.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                                   | QUALCOMM Inc                                   | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |       500 | NS      | $83180.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                         | Roper Technologies Inc                         | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Short            | EC               | CORP              | US        |      -120 | NS      | $-59842.80    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Dow Jones Industrial Average ETF Trust    | SPDR Dow Jones Industrial Average ETF Trust    | CUSIP: 78467X109<br>LEI: 54930039F2SG3UG2OZ18 | Short            | EC               | RF                | US        |     -1600 | NS      | $-741984.00   | -0.75%            |  |  |  | No            |                  1 | On Loan: No      |
| Technology Select Sector SPDR Fund             | Technology Select Sector SPDR Fund             | CUSIP: 81369Y803<br>LEI: 549300BR5T0JNM2MW070 | Short            | EC               | RF                | US        |      -500 | NS      | $-140930.00   | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software Inc              | Take-Two Interactive Software Inc              | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Short            | EC               | CORP              | US        |      -220 | NS      | $-56839.20    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Universal Display Corp                         | Universal Display Corp                         | CUSIP: 91347P105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -380 | NS      | $-54579.40    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                             | Vertiv Holdings Co                             | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      1100 | NS      | $165946.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                       | Visa Inc                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       500 | NS      | $170690.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                         | SPDR S+P 500 ETF TRUST                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |       200 | NC      | $5500.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Innoscripta SE                                 | Innoscripta SE                                 | CUSIP: 000000000<br>LEI: 894500BA6B025ZEF0T83 | Long             | EC               | CORP              | DE        |      5600 | NS      | $773569.84    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Cirsa Enterprises SA                           | Cirsa Enterprises SA                           | CUSIP: 000000000<br>LEI: 254900PU87HSLE4V5K18 | Long             | EC               | CORP              | ES        |      8000 | NS      | $145748.02    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Amer Sports Inc                                | Amer Sports Inc                                | CUSIP: 000000000<br>LEI: 391200YCSWTRD1J21867 | Short            | EC               | CORP              | KY        |     -1300 | NS      | $-45175.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Federated Hermes Equity Funds

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Equity Funds

**Title:** Chief Compliance Officer