# EDGAR Filing Document

**Accession Number:** 0000891190
**File Stem:** 0001752724-25-182548
**Filing Date:** 2025-7
**Character Count:** 285282
**Document Hash:** 936d5e73afff167e40a2939d66df8df5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-182548.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-182548

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VANGUARD ADMIRAL FUNDS
- **CENTRAL INDEX KEY:** 0000891190

**ORGANIZATION NAME:**
- **EIN:** 232696041
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07043
- **FILM NUMBER:** 251161265

**BUSINESS ADDRESS:**
- **STREET 1:** P.O. BOX 2600, V26
- **CITY:** VALLEY FORGE
- **STATE:** PA
- **ZIP:** 19482
- **BUSINESS PHONE:** 6106691000

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 2600  V26
- **CITY:** VALLEY FORGE
- **STATE:** PA
- **ZIP:** 19482

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VANGUARD ADMIRAL FUNDS INC
- **DATE OF NAME CHANGE:** 19920908

## Series and Classes Contracts Data

### Vanguard S&P Small-Cap 600 Index Fund (Series ID: S000030017)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000092044 | ETF Shares           | VIOO            |
| C000092045 | Institutional Shares | VSMSX           |

## Nport-Ex

Vanguard<sup>®</sup> S&P Small-Cap 600 Index Fund

Schedule of Investments (unaudited)

As of May 31, 2025

The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund's Form N-PORT reports are available on the SEC's website at www.sec.gov.

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| **Common Stocks (99.9%)** | **Common Stocks (99.9%)** | **Common Stocks (99.9%)** | **Common Stocks (99.9%)** |
| **Communication Services (3.0%)** | **Communication Services (3.0%)** | **Communication Services (3.0%)** | **Communication Services (3.0%)** |
| <sup>\*</sup> | Lumen Technologies Inc. | &nbsp;&nbsp;3432200 | &nbsp;&nbsp;&nbsp;&nbsp;13454 |
|  | Cinemark Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;361210 | &nbsp;&nbsp;&nbsp;&nbsp;12198 |
|  | Telephone & Data Systems Inc. | &nbsp;&nbsp;&nbsp;&nbsp;329846 | &nbsp;&nbsp;&nbsp;&nbsp;11333 |
| <sup>\*</sup> | Madison Square Garden Sports Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56658 | &nbsp;&nbsp;&nbsp;&nbsp;10759 |
| <sup>\*</sup> | Cargurus Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;297557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9325 |
|  | TEGNA Inc. | &nbsp;&nbsp;&nbsp;&nbsp;545072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9114 |
| <sup>\*</sup> | IAC Inc. | &nbsp;&nbsp;&nbsp;&nbsp;239553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8614 |
| <sup>\*</sup> | Yelp Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;222723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8501 |
|  | Cogent Communications Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;142761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6526 |
| <sup>\*</sup> | DoubleVerify Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;474960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6526 |
|  | John Wiley & Sons Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;138693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5426 |
| <sup>\*</sup> | TripAdvisor Inc. | &nbsp;&nbsp;&nbsp;&nbsp;371758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5294 |
| <sup>\*</sup> | Ziff Davis Inc. | &nbsp;&nbsp;&nbsp;&nbsp;144292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4681 |
| <sup>\*</sup> | QuinStreet Inc. | &nbsp;&nbsp;&nbsp;&nbsp;191066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2918 |
| <sup>\*</sup> | Angi Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;147796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2313 |
|  | Cable One Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2281 |
| <sup>\*</sup> | Gogo Inc. | &nbsp;&nbsp;&nbsp;&nbsp;198739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2109 |
| <sup>\*</sup> | Cars.com Inc. | &nbsp;&nbsp;&nbsp;&nbsp;201883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2069 |
|  | Shenandoah Telecommunications Co. | &nbsp;&nbsp;&nbsp;&nbsp;155777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1960 |
| <sup>\*</sup> | Thryv Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;137133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1824 |
|  | Shutterstock Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1491 |
|  | Scholastic Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440 |
| <sup>\*</sup> | TechTarget Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742 |
|  |  |  | &nbsp;&nbsp;**130898** |
| **Consumer Discretionary (13.5%)** | **Consumer Discretionary (13.5%)** | **Consumer Discretionary (13.5%)** | **Consumer Discretionary (13.5%)** |
| <sup>\*</sup> | Brinker International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;150200 | &nbsp;&nbsp;&nbsp;&nbsp;25929 |
|  | BorgWarner Inc. | &nbsp;&nbsp;&nbsp;&nbsp;739700 | &nbsp;&nbsp;&nbsp;&nbsp;24477 |
| <sup>\*</sup> | Stride Inc. | &nbsp;&nbsp;&nbsp;&nbsp;144646 | &nbsp;&nbsp;&nbsp;&nbsp;21898 |
| <sup>\*</sup> | Etsy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;380481 | &nbsp;&nbsp;&nbsp;&nbsp;21060 |
|  | Group 1 Automotive Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43918 | &nbsp;&nbsp;&nbsp;&nbsp;18618 |
| <sup>\*</sup> | Shake Shack Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;135384 | &nbsp;&nbsp;&nbsp;&nbsp;17572 |
| <sup>\*</sup> | Adtalem Global Education Inc. | &nbsp;&nbsp;&nbsp;&nbsp;126019 | &nbsp;&nbsp;&nbsp;&nbsp;16638 |
| <sup>\*</sup> | Boot Barn Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;103482 | &nbsp;&nbsp;&nbsp;&nbsp;16589 |
|  | Meritage Homes Corp. | &nbsp;&nbsp;&nbsp;&nbsp;244684 | &nbsp;&nbsp;&nbsp;&nbsp;15564 |
| <sup>\*</sup> | Asbury Automotive Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66252 | &nbsp;&nbsp;&nbsp;&nbsp;15100 |
| <sup>\*</sup> | Frontdoor Inc. | &nbsp;&nbsp;&nbsp;&nbsp;256416 | &nbsp;&nbsp;&nbsp;&nbsp;14105 |
| <sup>\*</sup> | Urban Outfitters Inc. | &nbsp;&nbsp;&nbsp;&nbsp;190397 | &nbsp;&nbsp;&nbsp;&nbsp;13309 |
|  | Installed Building Products Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78532 | &nbsp;&nbsp;&nbsp;&nbsp;12524 |
| <sup>\*</sup> | Dorman Products Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91860 | &nbsp;&nbsp;&nbsp;&nbsp;11878 |
| <sup>\*</sup> | Cavco Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27093 | &nbsp;&nbsp;&nbsp;&nbsp;11747 |
| <sup>\*</sup> | Champion Homes Inc. | &nbsp;&nbsp;&nbsp;&nbsp;178184 | &nbsp;&nbsp;&nbsp;&nbsp;11653 |
|  | Kontoor Brands Inc. | &nbsp;&nbsp;&nbsp;&nbsp;167874 | &nbsp;&nbsp;&nbsp;&nbsp;11516 |
|  | Six Flags Entertainment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;315408 | &nbsp;&nbsp;&nbsp;&nbsp;10585 |
| <sup>\*</sup> | M/I Homes Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9807 |
|  | Signet Jewelers Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;147112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9793 |
|  | Patrick Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;113635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9757 |
|  | Advance Auto Parts Inc. | &nbsp;&nbsp;&nbsp;&nbsp;200706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9620 |
|  | Academy Sports & Outdoors Inc. | &nbsp;&nbsp;&nbsp;&nbsp;234748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9604 |
| <sup>\*</sup> | Tri Pointe Homes Inc. | &nbsp;&nbsp;&nbsp;&nbsp;316443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9329 |
|  | Cheesecake Factory Inc. | &nbsp;&nbsp;&nbsp;&nbsp;158880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8765 |
|  | Strategic Education Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7512 |
|  | LCI Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7510 |
| <sup>\*</sup> | Penn Entertainment Inc. | &nbsp;&nbsp;&nbsp;&nbsp;506076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7505 |
|  | Newell Brands Inc. | &nbsp;&nbsp;1407163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7458 |
|  | Dana Inc. | &nbsp;&nbsp;&nbsp;&nbsp;435899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7249 |
|  | Perdoceo Education Corp. | &nbsp;&nbsp;&nbsp;&nbsp;209244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7123 |
| <sup>\*</sup> | Foot Locker Inc. | &nbsp;&nbsp;&nbsp;&nbsp;279097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6631 |
|  | American Eagle Outfitters Inc. | &nbsp;&nbsp;&nbsp;&nbsp;591985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6488 |
|  | Acushnet Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6316 |
| <sup>\*</sup> | Green Brick Partners Inc. | &nbsp;&nbsp;&nbsp;&nbsp;103784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6066 |
|  | Steven Madden Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;244580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6029 |
|  | Phinia Inc. | &nbsp;&nbsp;&nbsp;&nbsp;138069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5992 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| <sup>\*</sup> | Hanesbrands Inc. | &nbsp;&nbsp;1194309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5912 |
|  | La-Z-Boy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;140456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5884 |
| <sup>\*</sup> | Victoria's Secret & Co. | &nbsp;&nbsp;&nbsp;&nbsp;265447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5630 |
| <sup>\*</sup> | National Vision Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;266396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5277 |
|  | Papa John's International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;110404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4996 |
|  | Century Communities Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4773 |
|  | Wolverine World Wide Inc. | &nbsp;&nbsp;&nbsp;&nbsp;270884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4621 |
| <sup>\*</sup> | Adient plc | &nbsp;&nbsp;&nbsp;&nbsp;283984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4427 |
|  | Cracker Barrel Old Country Store Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4325 |
|  | Buckle Inc. | &nbsp;&nbsp;&nbsp;&nbsp;101091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4308 |
| <sup>\*</sup> | Sonos Inc. | &nbsp;&nbsp;&nbsp;&nbsp;402622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4139 |
|  | Leggett & Platt Inc. | &nbsp;&nbsp;&nbsp;&nbsp;455303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4125 |
|  | Upbound Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;172831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3965 |
|  | Carter's Inc. | &nbsp;&nbsp;&nbsp;&nbsp;121672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3817 |
| <sup>\*</sup> | G-III Apparel Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;130693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3797 |
| <sup>\*</sup> | Fox Factory Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;141085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3619 |
|  | Monarch Casino & Resort Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3604 |
| <sup>\*</sup> | LGI Homes Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3506 |
|  | Sonic Automotive Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3462 |
| <sup>\*</sup> | BJ's Restaurants Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3448 |
| <sup>\*</sup> | Sabre Corp. | &nbsp;&nbsp;1305568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3290 |
|  | Winnebago Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3262 |
| <sup>1</sup> | Kohl's Corp. | &nbsp;&nbsp;&nbsp;&nbsp;377028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3065 |
| <sup>\*</sup> | Topgolf Callaway Brands Corp. | &nbsp;&nbsp;&nbsp;&nbsp;477151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3025 |
| <sup>\*</sup> | Sally Beauty Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;345047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3005 |
| <sup>\*</sup> | Gentherm Inc. | &nbsp;&nbsp;&nbsp;&nbsp;104972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2873 |
| <sup>\*</sup> | XPEL Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2769 |
|  | Oxford Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2683 |
| <sup>\*</sup> | Dave & Buster's Entertainment Inc. | &nbsp;&nbsp;&nbsp;&nbsp;104560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2296 |
|  | Matthews International Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;105116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2255 |
| <sup>\*</sup> | Mister Car Wash Inc. | &nbsp;&nbsp;&nbsp;&nbsp;316969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2244 |
|  | Standard Motor Products Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2103 |
| <sup>\*</sup> | Helen of Troy Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2083 |
|  | Sturm Ruger & Co. Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2061 |
| <sup>\*</sup> | Pursuit Attractions & Hospitality Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2013 |
|  | Ethan Allen Interiors Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2007 |
|  | Golden Entertainment Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1973 |
|  | Bloomin' Brands Inc. | &nbsp;&nbsp;&nbsp;&nbsp;256499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1957 |
| <sup>\*</sup> | Dream Finders Homes Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1940 |
| <sup>\*</sup> | American Axle & Manufacturing Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;395312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1735 |
|  | Monro Inc. | &nbsp;&nbsp;&nbsp;&nbsp;100677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1543 |
|  | Caleres Inc. | &nbsp;&nbsp;&nbsp;&nbsp;114285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1537 |
| <sup>\*</sup> | MarineMax Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1425 |
|  | Jack in the Box Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1202 |
|  | Shoe Carnival Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1141 |
|  | Guess? Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;961 |
|  |  |  | &nbsp;&nbsp;**583399** |
| **Consumer Staples (3.3%)** | **Consumer Staples (3.3%)** | **Consumer Staples (3.3%)** | **Consumer Staples (3.3%)** |
|  | Cal-Maine Foods Inc. | &nbsp;&nbsp;&nbsp;&nbsp;145946 | &nbsp;&nbsp;&nbsp;&nbsp;14001 |
| <sup>\*</sup> | Freshpet Inc. | &nbsp;&nbsp;&nbsp;&nbsp;164164 | &nbsp;&nbsp;&nbsp;&nbsp;13159 |
|  | WD-40 Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45816 | &nbsp;&nbsp;&nbsp;&nbsp;11162 |
| <sup>\*</sup> | Simply Good Foods Co. | &nbsp;&nbsp;&nbsp;&nbsp;310886 | &nbsp;&nbsp;&nbsp;&nbsp;10729 |
|  | PriceSmart Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9061 |
|  | Interparfums Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8270 |
| <sup>\*</sup> | Chefs' Warehouse Inc. | &nbsp;&nbsp;&nbsp;&nbsp;119055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7593 |
| <sup>\*</sup> | United Natural Foods Inc. | &nbsp;&nbsp;&nbsp;&nbsp;202248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6183 |
|  | J & J Snack Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6071 |
|  | Universal Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5462 |
| <sup>\*</sup> | Central Garden & Pet Co. Class A | &nbsp;&nbsp;&nbsp;&nbsp;170797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5460 |
|  | Energizer Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;222366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5179 |
|  | Edgewell Personal Care Co. | &nbsp;&nbsp;&nbsp;&nbsp;162805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4497 |
| <sup>\*</sup> | Grocery Outlet Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;328067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4455 |
|  | Fresh Del Monte Produce Inc. | &nbsp;&nbsp;&nbsp;&nbsp;113454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4007 |
|  | Andersons Inc. | &nbsp;&nbsp;&nbsp;&nbsp;108715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3861 |
|  | WK Kellogg Co. | &nbsp;&nbsp;&nbsp;&nbsp;223915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3789 |
|  | National Beverage Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3580 |
| <sup>\*</sup> | TreeHouse Foods Inc. | &nbsp;&nbsp;&nbsp;&nbsp;153027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3437 |
|  | SpartanNash Co. | &nbsp;&nbsp;&nbsp;&nbsp;114493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2228 |
|  | Tootsie Roll Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2054 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | John B Sanfilippo & Son Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1905 |
|  | MGP Ingredients Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1390 |
| <sup>\*</sup> | Central Garden & Pet Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1136 |
|  | B&G Foods Inc. | &nbsp;&nbsp;&nbsp;&nbsp;269164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1133 |
| <sup>\*</sup> | USANA Health Sciences Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1110 |
|  |  |  | &nbsp;&nbsp;**140912** |
| **Energy (3.9%)** | **Energy (3.9%)** | **Energy (3.9%)** | **Energy (3.9%)** |
|  | Archrock Inc. | &nbsp;&nbsp;&nbsp;&nbsp;592157 | &nbsp;&nbsp;&nbsp;&nbsp;14745 |
|  | Magnolia Oil & Gas Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;645984 | &nbsp;&nbsp;&nbsp;&nbsp;13889 |
|  | Core Natural Resources Inc. | &nbsp;&nbsp;&nbsp;&nbsp;171589 | &nbsp;&nbsp;&nbsp;&nbsp;11891 |
|  | California Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;240999 | &nbsp;&nbsp;&nbsp;&nbsp;10645 |
|  | Cactus Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;225299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9237 |
|  | SM Energy Co. | &nbsp;&nbsp;&nbsp;&nbsp;387007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9064 |
|  | Northern Oil & Gas Inc. | &nbsp;&nbsp;&nbsp;&nbsp;335881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8928 |
| <sup>\*</sup> | Comstock Resources Inc. | &nbsp;&nbsp;&nbsp;&nbsp;306936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7152 |
|  | Patterson-UTI Energy Inc. | &nbsp;&nbsp;1188428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6560 |
| <sup>\*</sup> | Oceaneering International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;342286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6527 |
| <sup>\*</sup> | Tidewater Inc. | &nbsp;&nbsp;&nbsp;&nbsp;162755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6463 |
|  | Liberty Energy Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;548019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6352 |
|  | Peabody Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;410954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5408 |
|  | World Kinect Corp. | &nbsp;&nbsp;&nbsp;&nbsp;196050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5370 |
|  | Crescent Energy Co. Class A | &nbsp;&nbsp;&nbsp;&nbsp;618415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5188 |
|  | Helmerich & Payne Inc. | &nbsp;&nbsp;&nbsp;&nbsp;336361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5129 |
|  | International Seaways Inc. | &nbsp;&nbsp;&nbsp;&nbsp;136489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5057 |
| <sup>\*</sup> | Par Pacific Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;188605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4072 |
| <sup>\*</sup> | Talos Energy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;420705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3382 |
| <sup>\*</sup> | Helix Energy Solutions Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;483691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2994 |
| <sup>1</sup> | Atlas Energy Solutions Inc. | &nbsp;&nbsp;&nbsp;&nbsp;243091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2954 |
|  | CVR Energy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;116048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2714 |
|  | Dorian LPG Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;123331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2641 |
| <sup>\*</sup> | Bristow Group Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2442 |
| <sup>\*</sup> | REX American Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2212 |
| <sup>\*</sup> | Innovex International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;131556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1815 |
|  | Core Laboratories Inc. | &nbsp;&nbsp;&nbsp;&nbsp;159149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1711 |
| <sup>\*</sup> | ProPetro Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;266536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1439 |
| <sup>\*</sup> | Vital Energy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1349 |
|  | RPC Inc. | &nbsp;&nbsp;&nbsp;&nbsp;277717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1233 |
|  |  |  | &nbsp;&nbsp;**168563** |
| **Financials (19.1%)** | **Financials (19.1%)** | **Financials (19.1%)** | **Financials (19.1%)** |
| <sup>\*</sup> | Mr. Cooper Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;215105 | &nbsp;&nbsp;&nbsp;&nbsp;27863 |
|  | Jackson Financial Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;249838 | &nbsp;&nbsp;&nbsp;&nbsp;20464 |
|  | Lincoln National Corp. | &nbsp;&nbsp;&nbsp;&nbsp;576259 | &nbsp;&nbsp;&nbsp;&nbsp;19097 |
|  | Radian Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;490615 | &nbsp;&nbsp;&nbsp;&nbsp;16755 |
| <sup>\*</sup> | Palomar Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89726 | &nbsp;&nbsp;&nbsp;&nbsp;15385 |
|  | Piper Sandler Cos. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54447 | &nbsp;&nbsp;&nbsp;&nbsp;13691 |
|  | Assured Guaranty Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;161772 | &nbsp;&nbsp;&nbsp;&nbsp;13678 |
|  | Moelis & Co. Class A | &nbsp;&nbsp;&nbsp;&nbsp;238752 | &nbsp;&nbsp;&nbsp;&nbsp;13635 |
|  | Ameris Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;218775 | &nbsp;&nbsp;&nbsp;&nbsp;13448 |
|  | Atlantic Union Bankshares Corp. | &nbsp;&nbsp;&nbsp;&nbsp;441075 | &nbsp;&nbsp;&nbsp;&nbsp;13241 |
|  | StepStone Group Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;223179 | &nbsp;&nbsp;&nbsp;&nbsp;12911 |
| <sup>\*</sup> | Axos Financial Inc. | &nbsp;&nbsp;&nbsp;&nbsp;183467 | &nbsp;&nbsp;&nbsp;&nbsp;12758 |
|  | ServisFirst Bancshares Inc. | &nbsp;&nbsp;&nbsp;&nbsp;169774 | &nbsp;&nbsp;&nbsp;&nbsp;12636 |
| <sup>\*</sup> | StoneX Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;144876 | &nbsp;&nbsp;&nbsp;&nbsp;12265 |
|  | PJT Partners Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80163 | &nbsp;&nbsp;&nbsp;&nbsp;12077 |
|  | BGC Group Inc. Class A | &nbsp;&nbsp;1265890 | &nbsp;&nbsp;&nbsp;&nbsp;11747 |
|  | United Community Banks Inc. | &nbsp;&nbsp;&nbsp;&nbsp;403757 | &nbsp;&nbsp;&nbsp;&nbsp;11604 |
| <sup>1</sup> | First Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;550758 | &nbsp;&nbsp;&nbsp;&nbsp;11004 |
|  | Virtu Financial Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;273240 | &nbsp;&nbsp;&nbsp;&nbsp;10982 |
|  | Blackstone Mortgage Trust Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;580151 | &nbsp;&nbsp;&nbsp;&nbsp;10959 |
|  | Renasant Corp. | &nbsp;&nbsp;&nbsp;&nbsp;311853 | &nbsp;&nbsp;&nbsp;&nbsp;10930 |
|  | Fulton Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;615947 | &nbsp;&nbsp;&nbsp;&nbsp;10625 |
| <sup>\*</sup> | NMI Holdings Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;265311 | &nbsp;&nbsp;&nbsp;&nbsp;10538 |
|  | WSFS Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;198378 | &nbsp;&nbsp;&nbsp;&nbsp;10492 |
|  | Cathay General Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;240832 | &nbsp;&nbsp;&nbsp;&nbsp;10321 |
|  | First Hawaiian Inc. | &nbsp;&nbsp;&nbsp;&nbsp;427617 | &nbsp;&nbsp;&nbsp;&nbsp;10212 |
| <sup>\*</sup> | Genworth Financial Inc. Class A | &nbsp;&nbsp;1444693 | &nbsp;&nbsp;&nbsp;&nbsp;10185 |
|  | HA Sustainable Infrastructure Capital Inc. | &nbsp;&nbsp;&nbsp;&nbsp;402306 | &nbsp;&nbsp;&nbsp;&nbsp;10078 |
|  | Community Financial System Inc. | &nbsp;&nbsp;&nbsp;&nbsp;178103 | &nbsp;&nbsp;&nbsp;&nbsp;10017 |
|  | Artisan Partners Asset Management Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;236974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9550 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | Bank of Hawaii Corp. | &nbsp;&nbsp;134441 | &nbsp;&nbsp;8942 |
|  | Goosehead Insurance Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;82506 | &nbsp;&nbsp;8932 |
|  | Independent Bank Corp. | &nbsp;&nbsp;143739 | &nbsp;&nbsp;8840 |
|  | BankUnited Inc. | &nbsp;&nbsp;252860 | &nbsp;&nbsp;8592 |
|  | Bread Financial Holdings Inc. | &nbsp;&nbsp;166051 | &nbsp;&nbsp;8508 |
|  | BancFirst Corp. | &nbsp;&nbsp;&nbsp;&nbsp;67392 | &nbsp;&nbsp;8337 |
|  | CVB Financial Corp. | &nbsp;&nbsp;444139 | &nbsp;&nbsp;8328 |
| <sup>\*</sup> | Bancorp Inc. | &nbsp;&nbsp;161391 | &nbsp;&nbsp;8247 |
| <sup>\*</sup> | Enova International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;87292 | &nbsp;&nbsp;8089 |
|  | Park National Corp. | &nbsp;&nbsp;&nbsp;&nbsp;49177 | &nbsp;&nbsp;7994 |
|  | Simmons First National Corp. Class A | &nbsp;&nbsp;425003 | &nbsp;&nbsp;7973 |
|  | WaFd Inc. | &nbsp;&nbsp;275965 | &nbsp;&nbsp;7843 |
|  | First Financial Bancorp | &nbsp;&nbsp;323077 | &nbsp;&nbsp;7806 |
|  | EVERTEC Inc. | &nbsp;&nbsp;215295 | &nbsp;&nbsp;7800 |
|  | Walker & Dunlop Inc. | &nbsp;&nbsp;108461 | &nbsp;&nbsp;7429 |
|  | Seacoast Banking Corp. of Florida | &nbsp;&nbsp;287110 | &nbsp;&nbsp;7416 |
|  | NBT Bancorp Inc. | &nbsp;&nbsp;176477 | &nbsp;&nbsp;7386 |
|  | Provident Financial Services Inc. | &nbsp;&nbsp;441681 | &nbsp;&nbsp;7376 |
|  | Banner Corp. | &nbsp;&nbsp;116553 | &nbsp;&nbsp;7186 |
|  | Trustmark Corp. | &nbsp;&nbsp;206295 | &nbsp;&nbsp;7109 |
|  | Cohen & Steers Inc. | &nbsp;&nbsp;&nbsp;&nbsp;90700 | &nbsp;&nbsp;6969 |
|  | Pacific Premier Bancorp Inc. | &nbsp;&nbsp;326217 | &nbsp;&nbsp;6916 |
| <sup>\*</sup> | NCR Atleos Corp. | &nbsp;&nbsp;245119 | &nbsp;&nbsp;6498 |
|  | OFG Bancorp | &nbsp;&nbsp;155276 | &nbsp;&nbsp;6388 |
|  | Banc of California Inc. | &nbsp;&nbsp;465216 | &nbsp;&nbsp;6383 |
|  | Pathward Financial Inc. | &nbsp;&nbsp;&nbsp;&nbsp;80660 | &nbsp;&nbsp;6296 |
| <sup>1</sup> | Arbor Realty Trust Inc. | &nbsp;&nbsp;638354 | &nbsp;&nbsp;6115 |
| <sup>\*</sup> | SiriusPoint Ltd. | &nbsp;&nbsp;311591 | &nbsp;&nbsp;6104 |
|  | Horace Mann Educators Corp. | &nbsp;&nbsp;137858 | &nbsp;&nbsp;5987 |
| <sup>\*</sup> | Payoneer Global Inc. | &nbsp;&nbsp;867711 | &nbsp;&nbsp;5909 |
|  | City Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp;49709 | &nbsp;&nbsp;5860 |
|  | Mercury General Corp. | &nbsp;&nbsp;&nbsp;&nbsp;89933 | &nbsp;&nbsp;5799 |
|  | First Bancorp (XNGS) | &nbsp;&nbsp;139808 | &nbsp;&nbsp;5784 |
|  | Stewart Information Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;93899 | &nbsp;&nbsp;5666 |
|  | First Commonwealth Financial Corp. | &nbsp;&nbsp;343131 | &nbsp;&nbsp;5360 |
| <sup>\*</sup> | Trupanion Inc. | &nbsp;&nbsp;113001 | &nbsp;&nbsp;5333 |
|  | Northwest Bancshares Inc. | &nbsp;&nbsp;431222 | &nbsp;&nbsp;5295 |
|  | Lakeland Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;86257 | &nbsp;&nbsp;5164 |
|  | FB Financial Corp. | &nbsp;&nbsp;118120 | &nbsp;&nbsp;5156 |
| <sup>\*</sup> | Customers Bancorp Inc. | &nbsp;&nbsp;&nbsp;&nbsp;98493 | &nbsp;&nbsp;5019 |
| <sup>\*</sup> | Donnelley Financial Solutions Inc. | &nbsp;&nbsp;&nbsp;&nbsp;89709 | &nbsp;&nbsp;4887 |
|  | HCI Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;28686 | &nbsp;&nbsp;4841 |
|  | S&T Bancorp Inc. | &nbsp;&nbsp;129191 | &nbsp;&nbsp;4736 |
|  | National Bank Holdings Corp. Class A | &nbsp;&nbsp;128530 | &nbsp;&nbsp;4646 |
|  | Hilltop Holdings Inc. | &nbsp;&nbsp;155543 | &nbsp;&nbsp;4638 |
|  | Veritex Holdings Inc. | &nbsp;&nbsp;184453 | &nbsp;&nbsp;4464 |
|  | Westamerica Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;90240 | &nbsp;&nbsp;4336 |
|  | Stellar Bancorp Inc. | &nbsp;&nbsp;160612 | &nbsp;&nbsp;4324 |
|  | Hope Bancorp Inc. | &nbsp;&nbsp;428458 | &nbsp;&nbsp;4302 |
| <sup>\*</sup> | Triumph Financial Inc. | &nbsp;&nbsp;&nbsp;&nbsp;74228 | &nbsp;&nbsp;4288 |
|  | Apollo Commercial Real Estate Finance Inc. | &nbsp;&nbsp;432497 | &nbsp;&nbsp;4251 |
| <sup>1</sup> | ARMOUR Residential REIT Inc. | &nbsp;&nbsp;257795 | &nbsp;&nbsp;4179 |
|  | Safety Insurance Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;50174 | &nbsp;&nbsp;4121 |
|  | Employers Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;83608 | &nbsp;&nbsp;4069 |
|  | PROG Holdings Inc. | &nbsp;&nbsp;140404 | &nbsp;&nbsp;4048 |
| <sup>\*</sup> | ProAssurance Corp. | &nbsp;&nbsp;172801 | &nbsp;&nbsp;4007 |
|  | Ellington Financial Inc. | &nbsp;&nbsp;306397 | &nbsp;&nbsp;3851 |
|  | Berkshire Hills Bancorp Inc. | &nbsp;&nbsp;154309 | &nbsp;&nbsp;3821 |
|  | Virtus Investment Partners Inc. | &nbsp;&nbsp;&nbsp;&nbsp;22304 | &nbsp;&nbsp;3807 |
|  | Two Harbors Investment Corp. | &nbsp;&nbsp;350671 | &nbsp;&nbsp;3714 |
|  | WisdomTree Inc. | &nbsp;&nbsp;387069 | &nbsp;&nbsp;3654 |
|  | PennyMac Mortgage Investment Trust | &nbsp;&nbsp;293758 | &nbsp;&nbsp;3607 |
|  | Enact Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;98797 | &nbsp;&nbsp;3497 |
|  | Preferred Bank | &nbsp;&nbsp;&nbsp;&nbsp;41490 | &nbsp;&nbsp;3469 |
|  | Dime Community Bancshares Inc. | &nbsp;&nbsp;132785 | &nbsp;&nbsp;3407 |
|  | Navient Corp. | &nbsp;&nbsp;250903 | &nbsp;&nbsp;3372 |
|  | Brookline Bancorp Inc. | &nbsp;&nbsp;301498 | &nbsp;&nbsp;3115 |
|  | Franklin BSP Realty Trust Inc. | &nbsp;&nbsp;281070 | &nbsp;&nbsp;3100 |
|  | AMERISAFE Inc. | &nbsp;&nbsp;&nbsp;&nbsp;64435 | &nbsp;&nbsp;3059 |
| <sup>\*</sup> | Encore Capital Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;80278 | &nbsp;&nbsp;3043 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | Acadian Asset Management Inc. | &nbsp;&nbsp;&nbsp;&nbsp;94828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2855 |
|  | Southside Bancshares Inc. | &nbsp;&nbsp;&nbsp;&nbsp;96511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2721 |
|  | Heritage Financial Corp. | &nbsp;&nbsp;115152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2692 |
|  | Tompkins Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;42541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2612 |
|  | Ready Capital Corp. | &nbsp;&nbsp;571143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2553 |
|  | Central Pacific Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;91765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2450 |
|  | Redwood Trust Inc. | &nbsp;&nbsp;449035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2447 |
| <sup>\*</sup> | EZCORP Inc. Class A | &nbsp;&nbsp;175983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2367 |
|  | Capitol Federal Financial Inc. | &nbsp;&nbsp;414279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2366 |
|  | Hanmi Financial Corp. | &nbsp;&nbsp;101722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2331 |
|  | United Fire Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;72276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2056 |
|  | New York Mortgage Trust Inc. | &nbsp;&nbsp;308082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2012 |
|  | TrustCo Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;64622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2006 |
| <sup>\*</sup> | PRA Group Inc. | &nbsp;&nbsp;133657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1897 |
|  | Eagle Bancorp Inc. | &nbsp;&nbsp;101567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1788 |
|  | KKR Real Estate Finance Trust Inc. | &nbsp;&nbsp;194022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1733 |
| <sup>\*</sup> | World Acceptance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;10878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1680 |
|  |  |  | &nbsp;&nbsp;**824501** |
| **Health Care (10.9%)** | **Health Care (10.9%)** | **Health Care (10.9%)** | **Health Care (10.9%)** |
| <sup>\*</sup> | Corcept Therapeutics Inc. | &nbsp;&nbsp;315389 | &nbsp;&nbsp;&nbsp;&nbsp;24462 |
|  | Teleflex Inc. | &nbsp;&nbsp;157082 | &nbsp;&nbsp;&nbsp;&nbsp;19206 |
| <sup>\*</sup> | Merit Medical Systems Inc. | &nbsp;&nbsp;197109 | &nbsp;&nbsp;&nbsp;&nbsp;18731 |
| <sup>\*</sup> | Glaukos Corp. | &nbsp;&nbsp;186476 | &nbsp;&nbsp;&nbsp;&nbsp;17583 |
| <sup>\*</sup> | ADMA Biologics Inc. | &nbsp;&nbsp;799441 | &nbsp;&nbsp;&nbsp;&nbsp;15861 |
| <sup>\*</sup> | TG Therapeutics Inc. | &nbsp;&nbsp;451397 | &nbsp;&nbsp;&nbsp;&nbsp;15849 |
| <sup>\*</sup> | Alkermes plc | &nbsp;&nbsp;473844 | &nbsp;&nbsp;&nbsp;&nbsp;14504 |
| <sup>\*</sup> | TransMedics Group Inc. | &nbsp;&nbsp;113508 | &nbsp;&nbsp;&nbsp;&nbsp;14429 |
| <sup>\*</sup> | Prestige Consumer Healthcare Inc. | &nbsp;&nbsp;167519 | &nbsp;&nbsp;&nbsp;&nbsp;14351 |
| <sup>\*</sup> | Inspire Medical Systems Inc. | &nbsp;&nbsp;100347 | &nbsp;&nbsp;&nbsp;&nbsp;13868 |
| <sup>\*</sup> | Integer Holdings Corp. | &nbsp;&nbsp;113443 | &nbsp;&nbsp;&nbsp;&nbsp;13473 |
| <sup>\*</sup> | RadNet Inc. | &nbsp;&nbsp;220341 | &nbsp;&nbsp;&nbsp;&nbsp;12667 |
| <sup>\*</sup> | ICU Medical Inc. | &nbsp;&nbsp;&nbsp;&nbsp;82805 | &nbsp;&nbsp;&nbsp;&nbsp;11167 |
| <sup>\*</sup> | Krystal Biotech Inc. | &nbsp;&nbsp;&nbsp;&nbsp;85579 | &nbsp;&nbsp;&nbsp;&nbsp;10780 |
| <sup>\*</sup> | CorVel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;92055 | &nbsp;&nbsp;&nbsp;&nbsp;10243 |
| <sup>\*</sup> | Protagonist Therapeutics Inc. | &nbsp;&nbsp;201528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9567 |
| <sup>\*</sup> | Catalyst Pharmaceuticals Inc. | &nbsp;&nbsp;379046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9461 |
| <sup>\*</sup> | ACADIA Pharmaceuticals Inc. | &nbsp;&nbsp;417102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8997 |
|  | Organon & Co. | &nbsp;&nbsp;871064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8031 |
| <sup>\*</sup> | Privia Health Group Inc. | &nbsp;&nbsp;349078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7945 |
|  | Concentra Group Holdings Parent Inc. | &nbsp;&nbsp;366066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7918 |
|  | Premier Inc. Class A | &nbsp;&nbsp;308390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7087 |
| <sup>\*</sup> | Vericel Corp. | &nbsp;&nbsp;167073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6899 |
| <sup>\*</sup> | Arrowhead Pharmaceuticals Inc. | &nbsp;&nbsp;426230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6850 |
| <sup>\*</sup> | QuidelOrtho Corp. | &nbsp;&nbsp;223153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6844 |
| <sup>\*</sup> | Addus HomeCare Corp. | &nbsp;&nbsp;&nbsp;&nbsp;60655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6727 |
| <sup>\*</sup> | Ligand Pharmaceuticals Inc. | &nbsp;&nbsp;&nbsp;&nbsp;63895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6529 |
| <sup>\*</sup> | Enovis Corp. | &nbsp;&nbsp;192035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6011 |
|  | CONMED Corp. | &nbsp;&nbsp;104478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5929 |
| <sup>\*</sup> | Supernus Pharmaceuticals Inc. | &nbsp;&nbsp;186718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5919 |
| <sup>\*</sup> | UFP Technologies Inc. | &nbsp;&nbsp;&nbsp;&nbsp;24654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5774 |
|  | LeMaitre Vascular Inc. | &nbsp;&nbsp;&nbsp;&nbsp;69300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5697 |
|  | Select Medical Holdings Corp. | &nbsp;&nbsp;352872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5395 |
| <sup>\*</sup> | Progyny Inc. | &nbsp;&nbsp;250579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5387 |
| <sup>\*</sup> | Omnicell Inc. | &nbsp;&nbsp;156447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4751 |
| <sup>\*</sup> | Harmony Biosciences Holdings Inc. | &nbsp;&nbsp;129108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4454 |
| <sup>\*</sup> | Tandem Diabetes Care Inc. | &nbsp;&nbsp;222107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4402 |
|  | National HealthCare Corp. | &nbsp;&nbsp;&nbsp;&nbsp;41772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4350 |
| <sup>\*</sup> | Certara Inc. | &nbsp;&nbsp;370198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4205 |
| <sup>\*</sup> | Azenta Inc. | &nbsp;&nbsp;154431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4126 |
| <sup>\*</sup> | Schrodinger Inc. | &nbsp;&nbsp;187385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4051 |
| <sup>\*</sup> | Pediatrix Medical Group Inc. | &nbsp;&nbsp;285553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4041 |
| <sup>\*</sup> | Dynavax Technologies Corp. | &nbsp;&nbsp;412797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4041 |
| <sup>\*</sup> | Pacira BioSciences Inc. | &nbsp;&nbsp;156145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4035 |
| <sup>\*</sup> | Neogen Corp. | &nbsp;&nbsp;666302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3905 |
|  | US Physical Therapy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;51004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3825 |
| <sup>\*</sup> | Artivion Inc. | &nbsp;&nbsp;127644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3776 |
| <sup>\*</sup> | Innoviva Inc. | &nbsp;&nbsp;186329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3647 |
| <sup>\*</sup> | Astrana Health Inc. | &nbsp;&nbsp;140578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3485 |
| <sup>\*</sup> | ANI Pharmaceuticals Inc. | &nbsp;&nbsp;&nbsp;&nbsp;56122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3296 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| <sup>\*</sup> | Amphastar Pharmaceuticals Inc. | &nbsp;&nbsp;126885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3262 |
| <sup>\*</sup> | AdaptHealth Corp. Class A | &nbsp;&nbsp;359303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3227 |
| <sup>\*</sup> | Collegium Pharmaceutical Inc. | &nbsp;&nbsp;109223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3183 |
| <sup>\*</sup> | NeoGenomics Inc. | &nbsp;&nbsp;434101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3160 |
| <sup>\*</sup> | STAAR Surgical Co. | &nbsp;&nbsp;166760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2970 |
| <sup>\*</sup> | Integra LifeSciences Holdings Corp. | &nbsp;&nbsp;224441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2841 |
| <sup>\*</sup> | AMN Healthcare Services Inc. | &nbsp;&nbsp;129124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2726 |
| <sup>\*</sup> | BioLife Solutions Inc. | &nbsp;&nbsp;122498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2680 |
|  | HealthStream Inc. | &nbsp;&nbsp;&nbsp;&nbsp;81402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2281 |
|  | Embecta Corp. | &nbsp;&nbsp;197168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2076 |
| <sup>\*</sup> | Arcus Biosciences Inc. | &nbsp;&nbsp;228743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2043 |
| <sup>\*</sup> | Avanos Medical Inc. | &nbsp;&nbsp;154919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1947 |
| <sup>\*</sup> | Xencor Inc. | &nbsp;&nbsp;237134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1897 |
|  | Mesa Laboratories Inc. | &nbsp;&nbsp;&nbsp;&nbsp;18456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1857 |
|  | Simulations Plus Inc. | &nbsp;&nbsp;&nbsp;&nbsp;54867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1747 |
|  | Phibro Animal Health Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;68357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1669 |
| <sup>\*</sup> | Owens & Minor Inc. | &nbsp;&nbsp;251203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1658 |
| <sup>\*</sup> | Vir Biotechnology Inc. | &nbsp;&nbsp;313441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1548 |
| <sup>\*</sup> | Fortrea Holdings Inc. | &nbsp;&nbsp;305034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1312 |
| <sup>\*</sup> | Myriad Genetics Inc. | &nbsp;&nbsp;308818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1294 |
| <sup>\*</sup> | Cytek Biosciences Inc. | &nbsp;&nbsp;350761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972 |
| <sup>\*,2</sup> | OmniAb Inc. 12.5 Earnout | &nbsp;&nbsp;&nbsp;&nbsp;27888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| <sup>\*,2</sup> | OmniAb Inc. 15 Earnout | &nbsp;&nbsp;&nbsp;&nbsp;27888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  |  |  | &nbsp;&nbsp;**470881** |
| **Industrials (19.0%)** | **Industrials (19.0%)** | **Industrials (19.0%)** | **Industrials (19.0%)** |
| <sup>\*</sup> | SPX Technologies Inc. | &nbsp;&nbsp;156798 | &nbsp;&nbsp;&nbsp;&nbsp;23847 |
|  | Armstrong World Industries Inc. | &nbsp;&nbsp;147433 | &nbsp;&nbsp;&nbsp;&nbsp;22945 |
| <sup>\*</sup> | Dycom Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;98678 | &nbsp;&nbsp;&nbsp;&nbsp;22688 |
|  | Air Lease Corp. Class A | &nbsp;&nbsp;350333 | &nbsp;&nbsp;&nbsp;&nbsp;20183 |
| <sup>\*</sup> | Sterling Infrastructure Inc. | &nbsp;&nbsp;103879 | &nbsp;&nbsp;&nbsp;&nbsp;19530 |
|  | Federal Signal Corp. | &nbsp;&nbsp;206685 | &nbsp;&nbsp;&nbsp;&nbsp;19443 |
| <sup>\*</sup> | Kratos Defense & Security Solutions Inc. | &nbsp;&nbsp;516982 | &nbsp;&nbsp;&nbsp;&nbsp;19071 |
|  | JBT Marel Corp. | &nbsp;&nbsp;156165 | &nbsp;&nbsp;&nbsp;&nbsp;17929 |
|  | Moog Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;95885 | &nbsp;&nbsp;&nbsp;&nbsp;17768 |
|  | Zurn Elkay Water Solutions Corp. | &nbsp;&nbsp;483141 | &nbsp;&nbsp;&nbsp;&nbsp;17485 |
|  | CSW Industrials Inc. | &nbsp;&nbsp;&nbsp;&nbsp;56762 | &nbsp;&nbsp;&nbsp;&nbsp;17357 |
| <sup>\*</sup> | AeroVironment Inc. | &nbsp;&nbsp;&nbsp;&nbsp;94714 | &nbsp;&nbsp;&nbsp;&nbsp;16862 |
|  | WillScot Holdings Corp. | &nbsp;&nbsp;624890 | &nbsp;&nbsp;&nbsp;&nbsp;16841 |
| <sup>\*</sup> | Gates Industrial Corp. plc | &nbsp;&nbsp;768889 | &nbsp;&nbsp;&nbsp;&nbsp;16262 |
|  | ESCO Technologies Inc. | &nbsp;&nbsp;&nbsp;&nbsp;87288 | &nbsp;&nbsp;&nbsp;&nbsp;15820 |
|  | Robert Half Inc. | &nbsp;&nbsp;339701 | &nbsp;&nbsp;&nbsp;&nbsp;15555 |
|  | Arcosa Inc. | &nbsp;&nbsp;164960 | &nbsp;&nbsp;&nbsp;&nbsp;14231 |
| <sup>\*</sup> | SkyWest Inc. | &nbsp;&nbsp;136414 | &nbsp;&nbsp;&nbsp;&nbsp;13839 |
| <sup>\*</sup> | Verra Mobility Corp. Class A | &nbsp;&nbsp;557343 | &nbsp;&nbsp;&nbsp;&nbsp;13181 |
|  | Enpro Inc. | &nbsp;&nbsp;&nbsp;&nbsp;71002 | &nbsp;&nbsp;&nbsp;&nbsp;13145 |
|  | Granite Construction Inc. | &nbsp;&nbsp;146917 | &nbsp;&nbsp;&nbsp;&nbsp;13142 |
|  | Mueller Water Products Inc. Class A | &nbsp;&nbsp;529718 | &nbsp;&nbsp;&nbsp;&nbsp;12994 |
|  | Matson Inc. | &nbsp;&nbsp;112336 | &nbsp;&nbsp;&nbsp;&nbsp;12677 |
| <sup>\*</sup> | GEO Group Inc. | &nbsp;&nbsp;460264 | &nbsp;&nbsp;&nbsp;&nbsp;12492 |
|  | Kadant Inc. | &nbsp;&nbsp;&nbsp;&nbsp;39723 | &nbsp;&nbsp;&nbsp;&nbsp;12469 |
|  | Korn Ferry | &nbsp;&nbsp;174433 | &nbsp;&nbsp;&nbsp;&nbsp;11863 |
|  | Franklin Electric Co. Inc. | &nbsp;&nbsp;132903 | &nbsp;&nbsp;&nbsp;&nbsp;11482 |
|  | Boise Cascade Co. | &nbsp;&nbsp;129894 | &nbsp;&nbsp;&nbsp;&nbsp;11285 |
|  | ABM Industries Inc. | &nbsp;&nbsp;210369 | &nbsp;&nbsp;&nbsp;&nbsp;11076 |
| <sup>\*</sup> | Amentum Holdings Inc. | &nbsp;&nbsp;510135 | &nbsp;&nbsp;&nbsp;&nbsp;10539 |
|  | Rush Enterprises Inc. Class A | &nbsp;&nbsp;210806 | &nbsp;&nbsp;&nbsp;&nbsp;10467 |
|  | Brady Corp. Class A | &nbsp;&nbsp;149566 | &nbsp;&nbsp;&nbsp;&nbsp;10435 |
| <sup>\*</sup> | Resideo Technologies Inc. | &nbsp;&nbsp;497131 | &nbsp;&nbsp;&nbsp;&nbsp;10291 |
| <sup>\*</sup> | Everus Construction Group Inc. | &nbsp;&nbsp;172427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9985 |
| <sup>\*</sup> | GMS Inc. | &nbsp;&nbsp;131273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9941 |
|  | UniFirst Corp. | &nbsp;&nbsp;&nbsp;&nbsp;50752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9570 |
|  | Griffon Corp. | &nbsp;&nbsp;133441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9174 |
|  | AZZ Inc. | &nbsp;&nbsp;101075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9167 |
| <sup>\*</sup> | MYR Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;54523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8552 |
| <sup>\*</sup> | Mercury Systems Inc. | &nbsp;&nbsp;171575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8450 |
| <sup>\*</sup> | OPENLANE Inc. | &nbsp;&nbsp;361313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8285 |
| <sup>\*</sup> | CoreCivic Inc. | &nbsp;&nbsp;371569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8160 |
|  | Enerpac Tool Group Corp. Class A | &nbsp;&nbsp;184053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7892 |
|  | HNI Corp. | &nbsp;&nbsp;161810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7529 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| <sup>\*</sup> | RXO Inc. | &nbsp;&nbsp;&nbsp;&nbsp;478474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7431 |
| <sup>\*</sup> | AAR Corp. | &nbsp;&nbsp;&nbsp;&nbsp;119430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7334 |
|  | Trinity Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;278045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7157 |
|  | Albany International Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;105947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 |
|  | Alamo Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6949 |
|  | Hub Group Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;205640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6932 |
| <sup>\*</sup> | Triumph Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;261840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6753 |
| <sup>\*</sup> | Hayward Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;480884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6708 |
|  | Worthington Enterprises Inc. | &nbsp;&nbsp;&nbsp;&nbsp;104778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6172 |
|  | CSG Systems International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6157 |
|  | Standex International Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6075 |
| <sup>\*</sup> | Gibraltar Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;102427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 |
| <sup>\*</sup> | Sunrun Inc. | &nbsp;&nbsp;&nbsp;&nbsp;758714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5683 |
|  | Kennametal Inc. | &nbsp;&nbsp;&nbsp;&nbsp;261763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5636 |
|  | Pitney Bowes Inc. | &nbsp;&nbsp;&nbsp;&nbsp;533802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5498 |
|  | Werner Enterprises Inc. | &nbsp;&nbsp;&nbsp;&nbsp;209274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5431 |
|  | Powell Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5390 |
| <sup>\*</sup> | JetBlue Airways Corp. | &nbsp;&nbsp;1026009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5181 |
| <sup>\*</sup> | DNOW Inc. | &nbsp;&nbsp;&nbsp;&nbsp;357340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5153 |
|  | Lindsay Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5111 |
|  | ArcBest Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4932 |
|  | Greenbrier Cos. Inc. | &nbsp;&nbsp;&nbsp;&nbsp;105882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4772 |
|  | Tennant Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4743 |
|  | Hillenbrand Inc. | &nbsp;&nbsp;&nbsp;&nbsp;237921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4649 |
| <sup>\*</sup> | Masterbrand Inc. | &nbsp;&nbsp;&nbsp;&nbsp;429933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4385 |
|  | Interface Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;197033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3958 |
| <sup>\*</sup> | NV5 Global Inc. | &nbsp;&nbsp;&nbsp;&nbsp;176153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3893 |
|  | MillerKnoll Inc. | &nbsp;&nbsp;&nbsp;&nbsp;230255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3884 |
|  | Schneider National Inc. Class B | &nbsp;&nbsp;&nbsp;&nbsp;159056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3685 |
| <sup>\*</sup> | DXP Enterprises Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3556 |
| <sup>\*</sup> | Healthcare Services Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;248510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3504 |
| <sup>\*</sup> | Vicor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3398 |
| <sup>\*</sup> | Proto Labs Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3068 |
|  | Astec Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3034 |
|  | Heidrick & Struggles International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3017 |
| <sup>\*</sup> | American Woodmark Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2870 |
|  | Apogee Enterprises Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2868 |
| <sup>\*</sup> | Allegiant Travel Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2742 |
| <sup>\*,1</sup> | Hertz Global Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;414889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2718 |
|  | Quanex Building Products Corp. | &nbsp;&nbsp;&nbsp;&nbsp;159807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2674 |
|  | Marten Transport Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;195921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2555 |
|  | Vestis Corp. | &nbsp;&nbsp;&nbsp;&nbsp;387664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2388 |
|  | Insteel Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2309 |
| <sup>\*</sup> | Enviri Corp. | &nbsp;&nbsp;&nbsp;&nbsp;272445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2220 |
|  | Deluxe Corp. | &nbsp;&nbsp;&nbsp;&nbsp;150153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2143 |
| <sup>\*</sup> | Liquidity Services Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1796 |
| <sup>\*</sup> | Sun Country Airlines Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;132331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1532 |
|  | National Presto Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1472 |
|  | Heartland Express Inc. | &nbsp;&nbsp;&nbsp;&nbsp;145194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 |
| <sup>\*</sup> | Titan International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;161318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1168 |
| <sup>\*</sup> | Forward Air Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1127 |
|  |  |  | &nbsp;&nbsp;**818010** |
| **Information Technology (12.1%)** | **Information Technology (12.1%)** | **Information Technology (12.1%)** | **Information Technology (12.1%)** |
|  | Badger Meter Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99478 | &nbsp;&nbsp;&nbsp;&nbsp;24693 |
| <sup>\*</sup> | Qorvo Inc. | &nbsp;&nbsp;&nbsp;&nbsp;315900 | &nbsp;&nbsp;&nbsp;&nbsp;24015 |
|  | InterDigital Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86872 | &nbsp;&nbsp;&nbsp;&nbsp;18874 |
| <sup>\*</sup> | Box Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;486093 | &nbsp;&nbsp;&nbsp;&nbsp;18384 |
| <sup>\*</sup> | SPS Commerce Inc. | &nbsp;&nbsp;&nbsp;&nbsp;128342 | &nbsp;&nbsp;&nbsp;&nbsp;18065 |
| <sup>\*</sup> | Itron Inc. | &nbsp;&nbsp;&nbsp;&nbsp;152511 | &nbsp;&nbsp;&nbsp;&nbsp;17630 |
| <sup>\*</sup> | ACI Worldwide Inc. | &nbsp;&nbsp;&nbsp;&nbsp;354764 | &nbsp;&nbsp;&nbsp;&nbsp;16411 |
| <sup>\*,1</sup> | MARA Holdings Inc. | &nbsp;&nbsp;1147878 | &nbsp;&nbsp;&nbsp;&nbsp;16208 |
| <sup>\*</sup> | Sanmina Corp. | &nbsp;&nbsp;&nbsp;&nbsp;183747 | &nbsp;&nbsp;&nbsp;&nbsp;15562 |
| <sup>\*</sup> | Sandisk Corp. | &nbsp;&nbsp;&nbsp;&nbsp;389764 | &nbsp;&nbsp;&nbsp;&nbsp;14690 |
|  | Advanced Energy Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;127415 | &nbsp;&nbsp;&nbsp;&nbsp;14625 |
| <sup>\*</sup> | SiTime Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64647 | &nbsp;&nbsp;&nbsp;&nbsp;12675 |
| <sup>\*</sup> | Insight Enterprises Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92433 | &nbsp;&nbsp;&nbsp;&nbsp;12052 |
| <sup>\*</sup> | Plexus Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91459 | &nbsp;&nbsp;&nbsp;&nbsp;12005 |
| <sup>\*</sup> | OSI Systems Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52844 | &nbsp;&nbsp;&nbsp;&nbsp;11579 |
| <sup>\*</sup> | Semtech Corp. | &nbsp;&nbsp;&nbsp;&nbsp;290518 | &nbsp;&nbsp;&nbsp;&nbsp;10845 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| <sup>\*</sup> | TTM Technologies Inc. | &nbsp;&nbsp;344928 | &nbsp;&nbsp;&nbsp;&nbsp;10300 |
| <sup>\*</sup> | BlackLine Inc. | &nbsp;&nbsp;175432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9812 |
| <sup>\*</sup> | Alarm.com Holdings Inc. | &nbsp;&nbsp;167190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9597 |
| <sup>\*</sup> | DXC Technology Co. | &nbsp;&nbsp;612342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9308 |
| <sup>\*</sup> | Calix Inc. | &nbsp;&nbsp;199576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9228 |
|  | Progress Software Corp. | &nbsp;&nbsp;146709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9031 |
| <sup>\*</sup> | Impinj Inc. | &nbsp;&nbsp;&nbsp;&nbsp;78275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8930 |
| <sup>\*,1</sup> | Cleanspark Inc. | &nbsp;&nbsp;940281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8115 |
| <sup>\*</sup> | Agilysys Inc. | &nbsp;&nbsp;&nbsp;&nbsp;75812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8029 |
|  | Clear Secure Inc. Class A | &nbsp;&nbsp;318010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7871 |
| <sup>\*</sup> | FormFactor Inc. | &nbsp;&nbsp;262090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7823 |
| <sup>\*</sup> | LiveRamp Holdings Inc. | &nbsp;&nbsp;222441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7247 |
| <sup>\*</sup> | Teradata Corp. | &nbsp;&nbsp;323753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7110 |
| <sup>\*</sup> | Extreme Networks Inc. | &nbsp;&nbsp;449655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7046 |
| <sup>\*</sup> | Diodes Inc. | &nbsp;&nbsp;156696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6957 |
| <sup>\*</sup> | Viavi Solutions Inc. | &nbsp;&nbsp;751373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6845 |
| <sup>\*</sup> | ePlus Inc. | &nbsp;&nbsp;&nbsp;&nbsp;89094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6359 |
| <sup>\*</sup> | Axcelis Technologies Inc. | &nbsp;&nbsp;109742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6183 |
| <sup>\*</sup> | DigitalOcean Holdings Inc. | &nbsp;&nbsp;215574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6101 |
|  | Kulicke & Soffa Industries Inc. | &nbsp;&nbsp;180517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5804 |
| <sup>\*</sup> | NetScout Systems Inc. | &nbsp;&nbsp;243140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5553 |
| <sup>\*</sup> | NCR Voyix Corp. | &nbsp;&nbsp;493031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5468 |
|  | Vishay Intertechnology Inc. | &nbsp;&nbsp;379488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5339 |
| <sup>\*</sup> | Arlo Technologies Inc. | &nbsp;&nbsp;339465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4861 |
| <sup>\*</sup> | Knowles Corp. | &nbsp;&nbsp;295990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4857 |
|  | Adeia Inc. | &nbsp;&nbsp;368928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4737 |
|  | Benchmark Electronics Inc. | &nbsp;&nbsp;121559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4439 |
|  | A10 Networks Inc. | &nbsp;&nbsp;248960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4297 |
|  | CTS Corp. | &nbsp;&nbsp;101764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4141 |
| <sup>\*</sup> | Digi International Inc. | &nbsp;&nbsp;124810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4045 |
| <sup>\*</sup> | Rogers Corp. | &nbsp;&nbsp;&nbsp;&nbsp;57437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3824 |
| <sup>\*</sup> | Veeco Instruments Inc. | &nbsp;&nbsp;195956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3784 |
| <sup>\*</sup> | Photronics Inc. | &nbsp;&nbsp;214368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3582 |
| <sup>\*</sup> | Harmonic Inc. | &nbsp;&nbsp;395801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3570 |
| <sup>\*,1</sup> | SolarEdge Technologies Inc. | &nbsp;&nbsp;196538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3510 |
| <sup>\*</sup> | Penguin Solutions Inc. | &nbsp;&nbsp;180410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3204 |
| <sup>\*</sup> | Sprinklr Inc. Class A | &nbsp;&nbsp;378434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3194 |
| <sup>\*</sup> | MaxLinear Inc. Class A | &nbsp;&nbsp;261023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2973 |
| <sup>\*</sup> | ScanSource Inc. | &nbsp;&nbsp;&nbsp;&nbsp;73165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2954 |
| <sup>\*</sup> | Ultra Clean Holdings Inc. | &nbsp;&nbsp;152449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2953 |
|  | PC Connection Inc. | &nbsp;&nbsp;&nbsp;&nbsp;41882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2739 |
| <sup>\*</sup> | Cohu Inc. | &nbsp;&nbsp;157904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2695 |
| <sup>\*</sup> | Grid Dynamics Holdings Inc. | &nbsp;&nbsp;208821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2617 |
| <sup>\*</sup> | Viasat Inc. | &nbsp;&nbsp;288875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2522 |
|  | Xerox Holdings Corp. | &nbsp;&nbsp;388902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1902 |
| <sup>\*</sup> | N-able Inc. | &nbsp;&nbsp;237323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1849 |
| <sup>\*</sup> | PDF Solutions Inc. | &nbsp;&nbsp;104299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1846 |
| <sup>\*</sup> | Ichor Holdings Ltd. | &nbsp;&nbsp;114763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1811 |
| <sup>\*</sup> | Alpha & Omega Semiconductor Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;81103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1721 |
| <sup>\*</sup> | CEVA Inc. | &nbsp;&nbsp;&nbsp;&nbsp;80181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1504 |
| <sup>\*</sup> | Corsair Gaming Inc. | &nbsp;&nbsp;151342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1330 |
| <sup>\*,1</sup> | Wolfspeed Inc. | &nbsp;&nbsp;524244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624 |
|  |  |  | &nbsp;&nbsp;**520454** |
| **Materials (4.9%)** | **Materials (4.9%)** | **Materials (4.9%)** | **Materials (4.9%)** |
|  | Celanese Corp. | &nbsp;&nbsp;369721 | &nbsp;&nbsp;&nbsp;&nbsp;19532 |
|  | Balchem Corp. | &nbsp;&nbsp;109948 | &nbsp;&nbsp;&nbsp;&nbsp;18328 |
|  | FMC Corp. | &nbsp;&nbsp;422250 | &nbsp;&nbsp;&nbsp;&nbsp;17127 |
|  | Element Solutions Inc. | &nbsp;&nbsp;753608 | &nbsp;&nbsp;&nbsp;&nbsp;16112 |
|  | Sealed Air Corp. | &nbsp;&nbsp;492794 | &nbsp;&nbsp;&nbsp;&nbsp;15868 |
|  | Sensient Technologies Corp. | &nbsp;&nbsp;143271 | &nbsp;&nbsp;&nbsp;&nbsp;13543 |
|  | HB Fuller Co. | &nbsp;&nbsp;184954 | &nbsp;&nbsp;&nbsp;&nbsp;10324 |
| <sup>\*</sup> | MP Materials Corp. | &nbsp;&nbsp;408479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8901 |
|  | Hawkins Inc. | &nbsp;&nbsp;&nbsp;&nbsp;64421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8600 |
|  | Warrior Met Coal Inc. | &nbsp;&nbsp;177723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8078 |
|  | Innospec Inc. | &nbsp;&nbsp;&nbsp;&nbsp;84405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7181 |
| <sup>\*</sup> | O-I Glass Inc. | &nbsp;&nbsp;521084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6831 |
|  | Minerals Technologies Inc. | &nbsp;&nbsp;107922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6128 |
|  | Sylvamo Corp. | &nbsp;&nbsp;115370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6111 |
|  | Materion Corp. | &nbsp;&nbsp;&nbsp;&nbsp;70269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5441 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | Chemours Co. | &nbsp;&nbsp;&nbsp;&nbsp;505779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5124 |
| <sup>\*</sup> | Ingevity Corp. | &nbsp;&nbsp;&nbsp;&nbsp;122835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5082 |
|  | Quaker Chemical Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5019 |
| <sup>\*</sup> | Alpha Metallurgical Resources Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4138 |
|  | Kaiser Aluminum Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3914 |
|  | Stepan Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3880 |
|  | Worthington Steel Inc. | &nbsp;&nbsp;&nbsp;&nbsp;118516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2951 |
| <sup>\*</sup> | Century Aluminum Co. | &nbsp;&nbsp;&nbsp;&nbsp;175935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2725 |
|  | SunCoke Energy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;285737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2326 |
|  | AdvanSix Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2113 |
|  | Koppers Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2093 |
| <sup>\*</sup> | Metallus Inc. | &nbsp;&nbsp;&nbsp;&nbsp;125706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1588 |
|  |  |  | &nbsp;&nbsp;**209058** |
| **Real Estate (7.8%)** | **Real Estate (7.8%)** | **Real Estate (7.8%)** | **Real Estate (7.8%)** |
|  | Essential Properties Realty Trust Inc. | &nbsp;&nbsp;&nbsp;&nbsp;634787 | &nbsp;&nbsp;&nbsp;&nbsp;20631 |
|  | Ryman Hospitality Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;202610 | &nbsp;&nbsp;&nbsp;&nbsp;19676 |
|  | Terreno Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;337455 | &nbsp;&nbsp;&nbsp;&nbsp;19039 |
|  | CareTrust REIT Inc. | &nbsp;&nbsp;&nbsp;&nbsp;634703 | &nbsp;&nbsp;&nbsp;&nbsp;18254 |
|  | Phillips Edison & Co. Inc. | &nbsp;&nbsp;&nbsp;&nbsp;423313 | &nbsp;&nbsp;&nbsp;&nbsp;15011 |
|  | Macerich Co. | &nbsp;&nbsp;&nbsp;&nbsp;840485 | &nbsp;&nbsp;&nbsp;&nbsp;13599 |
|  | SL Green Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;236861 | &nbsp;&nbsp;&nbsp;&nbsp;13447 |
|  | Millrose Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;406748 | &nbsp;&nbsp;&nbsp;&nbsp;11336 |
|  | Tanger Inc. | &nbsp;&nbsp;&nbsp;&nbsp;374366 | &nbsp;&nbsp;&nbsp;&nbsp;11156 |
|  | Highwoods Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;363976 | &nbsp;&nbsp;&nbsp;&nbsp;10810 |
|  | Four Corners Property Trust Inc. | &nbsp;&nbsp;&nbsp;&nbsp;338070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9334 |
| <sup>1</sup> | Medical Properties Trust Inc. | &nbsp;&nbsp;2030459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9279 |
|  | Apple Hospitality REIT Inc. | &nbsp;&nbsp;&nbsp;&nbsp;754806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8748 |
|  | LXP Industrial Trust | &nbsp;&nbsp;1000363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8583 |
|  | Douglas Emmett Inc. | &nbsp;&nbsp;&nbsp;&nbsp;566300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8058 |
|  | Acadia Realty Trust | &nbsp;&nbsp;&nbsp;&nbsp;404724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7795 |
| <sup>\*</sup> | Cushman & Wakefield plc | &nbsp;&nbsp;&nbsp;&nbsp;776759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7791 |
|  | Urban Edge Properties | &nbsp;&nbsp;&nbsp;&nbsp;424524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7709 |
|  | Outfront Media Inc. | &nbsp;&nbsp;&nbsp;&nbsp;465950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7698 |
|  | Curbline Properties Corp. | &nbsp;&nbsp;&nbsp;&nbsp;319719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7254 |
|  | Sunstone Hotel Investors Inc. | &nbsp;&nbsp;&nbsp;&nbsp;679515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6089 |
|  | St. Joe Co. | &nbsp;&nbsp;&nbsp;&nbsp;128574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5749 |
|  | LTC Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;153062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5417 |
|  | DiamondRock Hospitality Co. | &nbsp;&nbsp;&nbsp;&nbsp;701038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5356 |
|  | Innovative Industrial Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5292 |
|  | Global Net Lease Inc. | &nbsp;&nbsp;&nbsp;&nbsp;669799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5198 |
|  | Getty Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;170894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 |
|  | JBG SMITH Properties | &nbsp;&nbsp;&nbsp;&nbsp;285471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4882 |
|  | Elme Communities | &nbsp;&nbsp;&nbsp;&nbsp;297215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4773 |
|  | Alexander & Baldwin Inc. | &nbsp;&nbsp;&nbsp;&nbsp;245581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4398 |
|  | Xenia Hotels & Resorts Inc. | &nbsp;&nbsp;&nbsp;&nbsp;344257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4210 |
|  | Veris Residential Inc. | &nbsp;&nbsp;&nbsp;&nbsp;272828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4147 |
|  | Pebblebrook Hotel Trust | &nbsp;&nbsp;&nbsp;&nbsp;404620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3714 |
|  | Centerspace | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3574 |
|  | Uniti Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;825607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3550 |
|  | American Assets Trust Inc. | &nbsp;&nbsp;&nbsp;&nbsp;159810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3187 |
|  | Easterly Government Properties Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;134436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2921 |
|  | Kennedy-Wilson Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;400386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2551 |
|  | NexPoint Residential Trust Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2545 |
|  | Brandywine Realty Trust | &nbsp;&nbsp;&nbsp;&nbsp;585821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2478 |
|  | eXp World Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;286157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2438 |
|  | Marcus & Millichap Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2350 |
|  | Safehold Inc. | &nbsp;&nbsp;&nbsp;&nbsp;155064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2337 |
|  | SITE Centers Corp. | &nbsp;&nbsp;&nbsp;&nbsp;160348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1911 |
|  | Armada Hoffler Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;268023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1865 |
|  | Whitestone REIT | &nbsp;&nbsp;&nbsp;&nbsp;151385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1865 |
|  | Universal Health Realty Income Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1701 |
|  | Summit Hotel Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;364464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1596 |
|  | Saul Centers Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1369 |
|  |  |  | &nbsp;&nbsp;**337671** |
| **Utilities (2.4%)** | **Utilities (2.4%)** | **Utilities (2.4%)** | **Utilities (2.4%)** |
|  | MDU Resources Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;689551 | &nbsp;&nbsp;&nbsp;&nbsp;11853 |
|  | MGE Energy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;122433 | &nbsp;&nbsp;&nbsp;&nbsp;11058 |
|  | Otter Tail Corp. | &nbsp;&nbsp;&nbsp;&nbsp;141463 | &nbsp;&nbsp;&nbsp;&nbsp;10918 |
|  | Avista Corp. | &nbsp;&nbsp;&nbsp;&nbsp;267811 | &nbsp;&nbsp;&nbsp;&nbsp;10313 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | American States Water Co. | &nbsp;&nbsp;127783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10078 |
|  | California Water Service Group | &nbsp;&nbsp;201094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9502 |
|  | Chesapeake Utilities Corp. | &nbsp;&nbsp;&nbsp;&nbsp;77019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9411 |
|  | Clearway Energy Inc. Class C | &nbsp;&nbsp;280912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8644 |
|  | Northwest Natural Holding Co. | &nbsp;&nbsp;135912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5568 |
|  | H2O America | &nbsp;&nbsp;102337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5371 |
|  | Middlesex Water Co. | &nbsp;&nbsp;&nbsp;&nbsp;60372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3499 |
|  | Clearway Energy Inc. Class A | &nbsp;&nbsp;116418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3359 |
|  | Unitil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;54973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3014 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**102588** |
| **Total Common Stocks (Cost $3,957,919)** | **Total Common Stocks (Cost $3,957,919)** | **Total Common Stocks (Cost $3,957,919)** | **4306935** |
|  | &nbsp;&nbsp;Coupon |  |  |
| **Temporary Cash Investments (0.7%)** | **Temporary Cash Investments (0.7%)** | **Temporary Cash Investments (0.7%)** | **Temporary Cash Investments (0.7%)** |
| **Money Market Fund (0.7%)** | **Money Market Fund (0.7%)** | **Money Market Fund (0.7%)** | **Money Market Fund (0.7%)** |
| <sup>3,4</sup> | &nbsp;&nbsp;4.342% | &nbsp;&nbsp;319240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**31921** |
| **Total Investments (100.6%) (Cost $3,989,836)** | **Total Investments (100.6%) (Cost $3,989,836)** |  | &nbsp;&nbsp;**4338856** |
| **Other Assets and Liabilities—Net (-0.6%)** | **Other Assets and Liabilities—Net (-0.6%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(26648)** |
| **Net Assets (100%)** | **Net Assets (100%)** |  | &nbsp;&nbsp;**4312208** |

---

Cost is in $000.

---

| | |
|:---|:---|
| \* | Non-income-producing security. |
| 1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $28,049. |
| 2 | Security value determined using significant unobservable inputs. |
| 3 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
| 4 | Collateral of $30,619 was received for securities on loan. |

---

REIT—Real Estate Investment Trust.

------

#### Derivative Financial Instruments Outstanding as of Period End

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Futures Contracts | Futures Contracts | Futures Contracts | Futures Contracts | Futures Contracts |
|  |  |  | ($000) | ($000) |
|  | Expiration | Number of<br> Long (Short)<br> Contracts | Notional<br> Amount | &nbsp;&nbsp;Value and<br> Unrealized<br> Appreciation<br> (Depreciation) |
| Long Futures Contracts | Long Futures Contracts | Long Futures Contracts | Long Futures Contracts | Long Futures Contracts |
| E-mini Russell 2000 Index | June 2025 | 27 | 2792 | &nbsp;&nbsp;(52) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps |
| Reference Entity | Termination<br> Date | Counterparty | Notional<br> Amount<br> ($000) | Floating<br> Interest<br> Rate<br> Received<br> (Paid)<sup>1</sup><br> (%) | Value and<br> Unrealized<br> Appreciation<br> ($000) | Value and<br> Unrealized<br> (Depreciation)<br> ($000) |
| Alkermes plc | 8/29/25 | BANA | 2187 | (4.338) | 132 |  |

---

1 Based on Overnight Bank Funding Rate as of the most recent reset date. Floating interest payment received/paid monthly. <br> BANA—Bank of America, N.A.

------

A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.

B. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund's performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.

Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).

C. Swap Contracts: The fund has entered into equity swap contracts to earn the total return on selected reference stocks or indexes in the fund's target index. Under the terms of the swaps, the fund receives the total return on the referenced stock (i.e., receiving the increase or paying the decrease in value of the selected reference stock and receiving the equivalent of any dividends in respect of the selected referenced stock) over a specified period of time, applied to a notional amount that represents the value of a designated number of shares of the selected reference stock at the beginning of the equity swap contract. The fund also pays a floating rate that is based on short-term interest rates, applied to the notional amount. At the same time, the fund generally invests an amount approximating the notional amount of the swap in high-quality temporary cash investments.

A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund's maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty's default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund's net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.

Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded as an asset (liability) and as unrealized appreciation (depreciation) until periodic payments are made or the termination of the swap, at which time realized gain (loss) is recorded.

D. Various inputs may be used to determine the value of the fund's investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

#### Level 1 —Quoted prices in active markets for identical securities.

#### Level 2 —Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
**Level 3—Significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.**

------

The following table summarizes the market value of the fund's investments and derivatives as of May 31, 2025, based on the inputs used to value them:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Level 1<br> ($000) | &nbsp;&nbsp;&nbsp;Level 2<br> ($000) | &nbsp;&nbsp;&nbsp;Level 3<br> ($000) | &nbsp;&nbsp;&nbsp;Total<br> ($000) |
| **Investments** |  |  |  |  |
| Assets |  |  |  |  |
| Common Stocks | 4306935 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;4306935 |
| Temporary Cash Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31921 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31921 |
| Total | 4338856 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;4338856 |
| **Derivative Financial Instruments** |  |  |  |  |
| Assets |  |  |  |  |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;132 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132 |
| Liabilities |  |  |  |  |
| Futures Contracts<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(52) | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(52) |

---

1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** VANGUARD ADMIRAL FUNDS

- **b. Investment Company Act file number:** 811-07043

- **c. CIK number of Registrant:** 0000891190

- **d. LEI of Registrant:** 5493001VGEE37B6RMO86

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

  - **Street Address 1:** 100 Vanguard Boulevard

  - **City:** Malvern

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19355

  - **Telephone number:** 610-669-1000

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

- **a. Name of Series:** VANGUARD S&P SMALL-CAP 600 INDEX FUND

- **b. EDGAR series identifier (if any):** S000030017

- **c. LEI of Series:** EC58WUNCOQ83HAUDN739

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $4312167467.99

**Total Liabilities:** $100004.74

**Net Assets:** $4312067463.25

**Cash Not Reported:** $769275.45

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000092045 | -6.15%               | -4.19%               | 5.23%                |
| Class ID C000092044 | -6.15%               | -4.19%               | 5.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9115794.43              | $-298149856.63                             |
| Month 2  | $490787.24               | $-178799232.45                             |
| Month 3  | $3196973.57              | $204845114.96                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Six Flags Entertainment Corp                      | SIX FLAGS ENTERT                        | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Long             | EC               | CORP              | US        |    315408 | NS      | $10585092.48  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Outfront Media Inc                                | OUTFRONT MEDIA I                        | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |    465950 | NS      | $7697494.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co                           | CENTRAL GARDEN                          | CUSIP: 153527106<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |     31513 | NS      | $1136358.78   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| OSI Systems Inc                                   | OSI SYSTEMS INC                         | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |     52844 | NS      | $11578648.84  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Embecta Corp                                      | EMBECTA CORP                            | CUSIP: 29082K105<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | EC               | CORP              | US        |    197168 | NS      | $2076179.04   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulton Financial Corp                             | FULTON FINANCIAL                        | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |    615947 | NS      | $10625085.75  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CVR Energy Inc                                    | CVR ENERGY INC                          | CUSIP: 12662P108<br>LEI: 529900SOYZIXZBTXB558 | Long             | EC               | CORP              | US        |    116048 | NS      | $2714362.72   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Thryv Holdings Inc                                | THRYV HOLDINGS I                        | CUSIP: 886029206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    137133 | NS      | $1823868.90   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MGE Energy Inc                                    | MGE ENERGY INC                          | CUSIP: 55277P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    122433 | NS      | $11058148.56  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand Inc                                   | HILLENBRAND INC                         | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |    237921 | NS      | $4648976.34   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Tidewater Inc                                     | TIDEWATER INC                           | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |    162755 | NS      | $6463001.05   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Realty Income Trust              | UNIVERSAL HEALTH                        | CUSIP: 91359E105<br>LEI: 549300L4MWZL4IH6H172 | Long             | EC               | CORP              | US        |     42843 | NS      | $1701295.53   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies Inc                          | AXCELIS TECH INC                        | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |    109742 | NS      | $6182864.28   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                                      | INNOSPEC INC                            | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |     84405 | NS      | $7181177.40   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc                               | DORMAN PRODUCTS                         | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |     91860 | NS      | $11878416.60  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloomin' Brands Inc                               | BLOOMIN' BRANDS                         | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |    256499 | NS      | $1957087.37   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics Inc                         | BENCHMARK ELECTR                        | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |    121559 | NS      | $4439334.68   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc                                         | TEGNA INC                               | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    545072 | NS      | $9113603.84   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Everus Construction Group Inc                     | EVERUS CONSTRUCT                        | CUSIP: 300426103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    172427 | NS      | $9985247.57   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Goosehead Insurance Inc                           | GOOSEHEAD INSU-A                        | CUSIP: 38267D109<br>LEI: 549300WH5MBIWHJ9XY95 | Long             | EC               | CORP              | US        |     82506 | NS      | $8932099.56   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust Inc                   | FOUR CORNERS PRO                        | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |    338070 | NS      | $9334112.70   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                             | ELEMENT SOLUTION                        | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    753608 | NS      | $16112139.04  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Interparfums Inc                                  | INTERPARFUMS INC                        | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60710 | NS      | $8269916.20   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SITE Centers Corp                                 | SITE CENTERS COR                        | CUSIP: 82981J851<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | EC               | CORP              | US        |    160348 | NS      | $1911348.16   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidrick & Struggles International Inc            | HEIDRICK & STRUG                        | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |     69096 | NS      | $3016731.36   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Phibro Animal Health Corp                         | PHIBRO ANIMAL-A                         | CUSIP: 71742Q106<br>LEI: 549300U24SP4AF2JUX52 | Long             | EC               | CORP              | US        |     68357 | NS      | $1669277.94   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Progyny Inc                                       | PROGYNY INC                             | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    250579 | NS      | $5387448.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Southside Bancshares Inc                          | SOUTHSIDE BAN IN                        | CUSIP: 84470P109<br>LEI: 549300TC83207VQA2K65 | Long             | EC               | CORP              | US        |     96511 | NS      | $2720645.09   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Simulations Plus Inc                              | SIMULATIONS PLUS                        | CUSIP: 829214105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54867 | NS      | $1747239.62   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Co                      | NORTHWEST NATURA                        | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |    135912 | NS      | $5568314.64   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                                       | CENTERSPACE                             | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |     56062 | NS      | $3573952.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings Inc                      | BREAD FINANCIAL                         | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |    166051 | NS      | $8508453.24   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corp                               | BANK OF HAWAII                          | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |    134441 | NS      | $8941670.91   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                                       | MOELIS & CO-CL A                        | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |    238752 | NS      | $13635126.72  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Innoviva Inc                                      | INNOVIVA INC                            | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |    186329 | NS      | $3646458.53   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Papa John's International Inc                     | PAPA JOHN'S INTL                        | CUSIP: 698813102<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | EC               | CORP              | US        |    110404 | NS      | $4995781.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Pediatrix Medical Group Inc                       | PEDIATRIX MEDICA                        | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    285553 | NS      | $4040574.95   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide Inc                          | WOLVERINE WORLD                         | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |    270884 | NS      | $4621281.04   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontdoor Inc                                     | FRONTDOOR INC                           | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |    256416 | NS      | $14105444.16  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Forward Air Corp                                  | FORWARD AIR CORP                        | CUSIP: 349853101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67177 | NS      | $1127230.06   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Aluminum Co                               | CENTURY ALUMINUM                        | CUSIP: 156431108<br>LEI: 549300U5ODNGEYWKSW73 | Long             | EC               | CORP              | US        |    175935 | NS      | $2725233.15   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers Inc                                | COHEN & STEERS                          | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Long             | EC               | CORP              | US        |     90700 | NS      | $6969388.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp                                       | AVISTA CORP                             | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |    267811 | NS      | $10313401.61  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hills Bancorp Inc                       | BERKSHIRE HILLS                         | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |    154309 | NS      | $3820690.84   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I Glass Inc                                     | O-I GLASS INC                           | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    521084 | NS      | $6831411.24   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| REX American Resources Corp                       | REX AMERICAN RES                        | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52483 | NS      | $2211633.62   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SJW Group                                         | H2O AMERICA                             | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102337 | NS      | $5370645.76   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                              | LXP INDUSTRIAL T                        | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |   1000363 | NS      | $8583114.54   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial Inc                             | TRIUMPH FINANCIA                        | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |     74228 | NS      | $4288151.56   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprinklr Inc                                      | SPRINKLR INC-A                          | CUSIP: 85208T107<br>LEI: 254900AR04RJ2BQO5S78 | Long             | EC               | CORP              | US        |    378434 | NS      | $3193982.96   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Metallus Inc                                      | METALLUS INC                            | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |    125706 | NS      | $1587666.78   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp                                          | AAR CORP                                | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |    119430 | NS      | $7334196.30   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp                                       | KOHLS CORP                              | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |    377028 | NS      | $3065237.64   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Hayward Holdings Inc                              | HAYWARD HOLDINGS                        | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    480884 | NS      | $6708331.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Caleres Inc                                       | CALERES INC                             | CUSIP: 129500104<br>LEI: JFU6RQQJ8Z1CPOLBXQ18 | Long             | EC               | CORP              | US        |    114285 | NS      | $1537133.25   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Financial Services Inc                  | PROVIDENT FINANC                        | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |    441681 | NS      | $7376072.70   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Calix Inc                                         | CALIX INC                               | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |    199576 | NS      | $9228394.24   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                                           | IAC INC                                 | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |    239553 | NS      | $8614325.88   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies Inc                              | TTM TECHNOLOGIES                        | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |    344928 | NS      | $10299550.08  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BioLife Solutions Inc                             | BIOLIFE SOLUTION                        | CUSIP: 09062W204<br>LEI: 549300G2IVCMC2TJDW72 | Long             | EC               | CORP              | US        |    122498 | NS      | $2680256.24   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Mortgage Trust Inc                     | BLACKSTONE MOR-A                        | CUSIP: 09257W100<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | EC               | CORP              | US        |    580151 | NS      | $10959052.39  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp                         | ALBANY INTL CORP                        | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |    105947 | NS      | $6999918.29   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                                  | BOISE CASCADE CO                        | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |    129894 | NS      | $11285190.72  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| American Axle & Manufacturing Holdings Inc        | AMER AXLE & MFG                         | CUSIP: 024061103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    395312 | NS      | $1735419.68   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LTC Properties Inc                                | LTC PROPERTIES                          | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |    153062 | NS      | $5416864.18   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc                           | INSIGHT ENTERPRI                        | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |     92433 | NS      | $12052338.87  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp                          | CURBLINE PROPERT                        | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |    319719 | NS      | $7254424.11   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Biosciences Holdings Inc                  | HARMONY BIOSCIE                         | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129108 | NS      | $4454226.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries Inc                              | CAVCO INDUSTRIES                        | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27093 | NS      | $11747389.34  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SolarEdge Technologies Inc                        | SOLAREDGE TECHNO                        | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | US        |    196538 | NS      | $3510168.68   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Fox Factory Holding Corp                          | FOX FACTORY HOLD                        | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |    141085 | NS      | $3618830.25   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                               | TERRENO REALTY C                        | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    337455 | NS      | $19039211.10  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| LGI Homes Inc                                     | LGI HOMES INC                           | CUSIP: 50187T106<br>LEI: 549300W02B4WNV8CV109 | Long             | EC               | CORP              | US        |     69986 | NS      | $3506298.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| First BanCorp/Puerto Rico                         | FIRST BANCORP PR                        | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    550758 | NS      | $11004144.84  | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Xencor Inc                                        | XENCOR INC                              | CUSIP: 98401F105<br>LEI: 549300V5IF65437JKG30 | Long             | EC               | CORP              | US        |    237134 | NS      | $1897072.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeco Instruments Inc                             | VEECO INSTRUMENT                        | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |    195956 | NS      | $3783910.36   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinker International Inc                         | BRINKER INTL                            | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |    150200 | NS      | $25929026.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Progress Software Corp                            | PROGRESS SOFTWAR                        | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |    146709 | NS      | $9031406.04   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Restaurants Inc                              | BJ'S RESTAURANTS                        | CUSIP: 09180C106<br>LEI: 5299000EOW66I1OJNQ23 | Long             | EC               | CORP              | US        |     77293 | NS      | $3448040.73   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytek Biosciences Inc                             | CYTEK BIOSCIENCE                        | CUSIP: 23285D109<br>LEI: 549300K2J28BOC6FBO89 | Long             | EC               | CORP              | US        |    350761 | NS      | $971607.97    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co                           | CENTRAL GARDEN-A                        | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |    170797 | NS      | $5460380.09   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Combineco Inc                                | TECHTARGET INC                          | CUSIP: 87874R308<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91725 | NS      | $742055.25    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions Inc                             | PENGUIN SOLUTION                        | CUSIP: G8232Y101<br>LEI: 529900RDGHQY8XKXPN14 | Long             | EC               | CORP              | US        |    180410 | NS      | $3204081.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                         | GATES INDUSTRIAL                        | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | US        |    768889 | NS      | $16262002.35  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacific Premier Bancorp Inc                       | PACIFIC PREMIER                         | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |    326217 | NS      | $6915800.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Inc                                       | PREMIER INC-CL A                        | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    308390 | NS      | $7086802.20   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tootsie Roll Industries Inc                       | TOOTSIE ROLL IND                        | CUSIP: 890516107<br>LEI: 529900SBKOV9XX4M4Q35 | Long             | EC               | CORP              | US        |     57612 | NS      | $2053867.80   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TG Therapeutics Inc                               | TG THERAPEUTICS                         | CUSIP: 88322Q108<br>LEI: 529900X21UKABN9NJ529 | Long             | EC               | CORP              | US        |    451397 | NS      | $15848548.67  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ligand Pharmaceuticals Inc                        | LIGAND PHARM                            | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |     63895 | NS      | $6529430.05   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TrustCo Bank Corp NY                              | TRUSTCO BANK NY                         | CUSIP: 898349204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64622 | NS      | $2005866.88   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Financial Corp                           | LAKELAND FINL                           | CUSIP: 511656100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86257 | NS      | $5164206.59   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellar Bancorp Inc                               | STELLAR BANCORP                         | CUSIP: 858927106<br>LEI: 54930070P8Z0WHFBB536 | Long             | EC               | CORP              | US        |    160612 | NS      | $4323675.04   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AdaptHealth Corp                                  | ADAPTHEALTH CORP                        | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    359303 | NS      | $3226540.94   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties Inc                  | RYMAN HOSPITALIT                        | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |    202610 | NS      | $19675457.10  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| WaFd Inc                                          | WAFD INC                                | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    275965 | NS      | $7842925.30   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp                           | MAGNOLIA OIL-A                          | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    645984 | NS      | $13888656.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMOUR Residential REIT Inc                       | ARMOUR RESIDENTI                        | CUSIP: 042315705<br>LEI: 549300K0WA0EJUX74V72 | Long             | EC               | CORP              | US        |    257795 | NS      | $4178856.95   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Air Lease Corp                                    | AIR LEASE C                             | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |    350333 | NS      | $20182684.13  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Certara Inc                                       | CERTARA INC                             | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    370198 | NS      | $4205449.28   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc                           | MILLROSE PROPERT                        | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    406748 | NS      | $11336066.76  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Realty Trust                               | ACADIA REALTY                           | CUSIP: 004239109<br>LEI: 254900C5XLB1YYJQSH07 | Long             | EC               | CORP              | US        |    404724 | NS      | $7794984.24   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Dream Finders Homes Inc                           | DREAM FINDERS-A                         | CUSIP: 26154D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92985 | NS      | $1939667.10   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| B&G Foods Inc                                     | B&G FOODS INC                           | CUSIP: 05508R106<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | EC               | CORP              | US        |    269164 | NS      | $1133180.44   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Andersons Inc/The                                 | ANDERSONS INC                           | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |    108715 | NS      | $3860469.65   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ePlus Inc                                         | EPLUS INC                               | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |     89094 | NS      | $6358638.78   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Easterly Government Properties Inc                | EASTERLY GOVERNM                        | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |    134436 | NS      | $2921294.28   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp/MA                                  | UNIFIRST CORP/MA                        | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |     50752 | NS      | $9569797.12   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERISAFE Inc                                     | AMERISAFE INC                           | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |     64435 | NS      | $3058729.45   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Brick Partners Inc                          | GREEN BRICK PART                        | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |    103784 | NS      | $6066174.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc                             | CUSTOMERS BANCOR                        | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     98493 | NS      | $5019203.28   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hertz Global Holdings Inc                         | HERTZ GLOBAL HLD                        | CUSIP: 42806J700<br>LEI: 549300NBK3K85MH1EX16 | Long             | EC               | CORP              | US        |    414889 | NS      | $2717522.95   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Tompkins Financial Corp                           | TOMPKINS FINANCI                        | CUSIP: 890110109<br>LEI: 254900QDQ6V0QJ0Z2348 | Long             | EC               | CORP              | US        |     42541 | NS      | $2612017.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Brady Corp                                        | BRADY CORP - A                          | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |    149566 | NS      | $10435219.82  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Helmerich & Payne Inc                             | HELMERICH & PAYN                        | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |    336361 | NS      | $5129505.25   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| International Seaways Inc                         | INTERNATIONAL SE                        | CUSIP: Y41053102<br>LEI: 549300YUFDGFRNGBWF46 | Long             | EC               | CORP              | US        |    136489 | NS      | $5056917.45   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| National Presto Industries Inc                    | NATL PRESTO INDS                        | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17188 | NS      | $1472152.20   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cinemark Holdings Inc                             | CINEMARK HOLDING                        | CUSIP: 17243V102<br>LEI: 549300LL2QMPTYIE0K55 | Long             | EC               | CORP              | US        |    361210 | NS      | $12198061.70  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Comstock Resources Inc                            | COMSTOCK RES INC                        | CUSIP: 205768302<br>LEI: I03QQGEA4SS774AURI46 | Long             | EC               | CORP              | US        |    306936 | NS      | $7151608.80   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes Inc                                  | PITNEY BOWES INC                        | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |    533802 | NS      | $5498160.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrowhead Pharmaceuticals Inc                     | ARROWHEAD PHARMA                        | CUSIP: 04280A100<br>LEI: 549300O3CSB8T7OZ3D66 | Long             | EC               | CORP              | US        |    426230 | NS      | $6849516.10   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products Inc                        | MUELLER WATER-A                         | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |    529718 | NS      | $12993982.54  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOL Energy Inc                                 | CORE NATURAL RES                        | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |    171589 | NS      | $11891117.70  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PJT Partners Inc                                  | PJT PARTNERS - A                        | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |     80163 | NS      | $12077357.58  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave & Buster's Entertainment Inc                 | DAVE & BUSTER'S                         | CUSIP: 238337109<br>LEI: 529900WTVU85QZLYHR86 | Long             | EC               | CORP              | US        |    104560 | NS      | $2296137.60   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters Inc                     | AMER EAGLE OUTF                         | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |    591985 | NS      | $6488155.60   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group Inc                     | HEALTHCARE SERVS                        | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |    248510 | NS      | $3503991.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                        | ARCOSA INC                              | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |    164960 | NS      | $14231099.20  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ready Capital Corp                                | READY CAPITAL CO                        | CUSIP: 75574U101<br>LEI: 549300MYWGZUG7ZUYO87 | Long             | EC               | CORP              | US        |    571143 | NS      | $2553009.21   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sturm Ruger & Co Inc                              | STURM RUGER & CO                        | CUSIP: 864159108<br>LEI: 529900DV1BWFJSHFO847 | Long             | EC               | CORP              | US        |     56936 | NS      | $2061083.20   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresh Del Monte Produce Inc                       | FRESH DEL MONTE                         | CUSIP: G36738105<br>LEI: 529900I72V9F0FEZR228 | Long             | EC               | CORP              | US        |    113454 | NS      | $4007195.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Grocery Outlet Holding Corp                       | GROCERY OUTLET                          | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    328067 | NS      | $4455149.86   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                                           | AZZ INC                                 | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |    101075 | NS      | $9166491.75   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc                                | KONTOOR BRAND                           | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |    167874 | NS      | $11516156.40  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc/The                        | CHEESECAKE FACTO                        | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |    158880 | NS      | $8765409.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| STAAR Surgical Co                                 | STAAR SURGICAL                          | CUSIP: 852312305<br>LEI: 5299006LRHI7OJ8BY308 | Long             | EC               | CORP              | US        |    166760 | NS      | $2969995.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc                     | CSG SYSTEMS INTL                        | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |     93204 | NS      | $6157056.24   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group Inc/The                                 | GEO GROUP INC/TH                        | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |    460264 | NS      | $12491564.96  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovex International Inc                         | INNOVEX INTERNAT                        | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |    131556 | NS      | $1815472.80   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential Inc                             | VERIS RESIDENTIA                        | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               | CORP              | US        |    272828 | NS      | $4146985.60   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                                       | ENOVIS CORP                             | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    192035 | NS      | $6010695.50   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Peabody Energy Corp                               | PEABODY ENERGY                          | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |    410954 | NS      | $5408154.64   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha & Omega Semiconductor Ltd                   | ALPHA & OMEGA SE                        | CUSIP: G6331P104<br>LEI: 5493001FE7J03YOV2V35 | Long             | EC               | CORP              | US        |     81103 | NS      | $1721005.66   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc                            | PATRICK INDS INC                        | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |    113635 | NS      | $9756701.10   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MARA Holdings Inc                                 | MARA HOLDINGS IN                        | CUSIP: 565788106<br>LEI: 549300M8ISKPTX2W7F94 | Long             | EC               | CORP              | US        |   1147878 | NS      | $16208037.36  | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Materion Corp                                     | MATERION CORP                           | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |     70269 | NS      | $5440928.67   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll Inc                                   | MILLERKNOLL INC                         | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |    230255 | NS      | $3884401.85   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap Inc                            | MARCUS & MILLICH                        | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |     81574 | NS      | $2350146.94   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Laboratories Inc                             | CORE LABORATORIE                        | CUSIP: 21867A105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    159149 | NS      | $1710851.75   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Oceaneering International Inc                     | OCEANEERING INTL                        | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |    342286 | NS      | $6527394.02   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                               | MERCURY SYSTEMS                         | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |    171575 | NS      | $8450068.75   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp                               | FED SIGNAL CORP                         | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |    206685 | NS      | $19442857.95  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleVerify Holdings Inc                         | DOUBLEVERIFY HOL                        | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    474960 | NS      | $6525950.40   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc                                   | ROBERT HALF INC                         | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |    339701 | NS      | $15554908.79  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp                                     | RENASANT CORP                           | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |    311853 | NS      | $10930447.65  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp                               | WSFS FINANCIAL                          | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |    198378 | NS      | $10492212.42  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Astec Industries Inc                              | ASTEC INDUSTRIES                        | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |     77230 | NS      | $3034366.70   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises Inc                            | WERNER ENT                              | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |    209274 | NS      | $5430660.30   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| St Joe Co/The                                     | ST JOE CO                               | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |    128574 | NS      | $5748543.54   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                           | BRANDYWINE RLTY                         | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |    585821 | NS      | $2478022.83   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Enterprises Inc                            | APOGEE ENTERPR                          | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |     74198 | NS      | $2867752.70   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilltop Holdings Inc                              | HILLTOP HOLDINGS                        | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |    155543 | NS      | $4638292.26   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Trupanion Inc                                     | TRUPANION INC                           | CUSIP: 898202106<br>LEI: 549300J86GFKIDGMQP18 | Long             | EC               | CORP              | US        |    113001 | NS      | $5332517.19   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corp                   | ZURN ELKAY WATER                        | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |    483141 | NS      | $17484872.79  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Park National Corp                                | PARK NATL CORP                          | CUSIP: 700658107<br>LEI: 984500Q3E941TDF87712 | Long             | EC               | CORP              | US        |     49177 | NS      | $7994213.12   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Express Inc                             | HEARTLAND EXPRES                        | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |    145194 | NS      | $1299486.30   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Net Lease Inc                              | GLOBAL NET LEASE                        | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |    669799 | NS      | $5197640.24   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips Edison & Co Inc                          | PHILLIPS EDISON                         | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |    423313 | NS      | $15010678.98  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Hotel Properties Inc                       | SUMMIT HOTEL PRO                        | CUSIP: 866082100<br>LEI: 254900OBQWJK6X20LS71 | Long             | EC               | CORP              | US        |    364464 | NS      | $1596352.32   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc                              | PALOMAR HOLDINGS                        | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |     89726 | NS      | $15385317.22  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Steel Inc                             | WORTHINGTON STEE                        | CUSIP: 982104101<br>LEI: 2549009ZUUWL3QLK6G24 | Long             | EC               | CORP              | US        |    118516 | NS      | $2951048.40   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DXP Enterprises Inc/TX                            | DXP ENTERPRISES                         | CUSIP: 233377407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43004 | NS      | $3555570.72   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares Inc                     | DIME COMMUNITY B                        | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    132785 | NS      | $3407263.10   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Uniti Group Inc                                   | UNITI GROUP INC                         | CUSIP: 91325V108<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               | CORP              | US        |    825607 | NS      | $3550110.10   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interiors Inc                         | ETHAN ALLEN                             | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76824 | NS      | $2007411.12   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions Inc                 | DONNELLEY FINANC                        | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |     89709 | NS      | $4887346.32   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Arlo Technologies Inc                             | ARLO TECHNOLOGIE                        | CUSIP: 04206A101<br>LEI: 549300T4EUX2OQ75HV52 | Long             | EC               | CORP              | US        |    339465 | NS      | $4861138.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Organon & Co                                      | ORGANON & CO                            | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               | CORP              | US        |    871064 | NS      | $8031210.08   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| National HealthCare Corp                          | NATL HEALTHCARE                         | CUSIP: 635906100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41772 | NS      | $4350136.08   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports & Outdoors Inc                     | ACADEMY SPORTS &                        | CUSIP: 00402L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    234748 | NS      | $9603540.68   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                                        | AZENTA INC                              | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |    154431 | NS      | $4126396.32   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay General Bancorp                            | CATHAY GENERAL B                        | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |    240832 | NS      | $10320855.36  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                                      | ARCBEST CORP                            | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     78678 | NS      | $4932323.82   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods Inc                               | CAL-MAINE FOODS                         | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |    145946 | NS      | $14000599.78  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibraltar Industries Inc                          | GIBRALTAR INDUST                        | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102427 | NS      | $6000173.66   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr Cooper Group Inc                               | MR COOPER GROUP                         | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |    215105 | NS      | $27862550.65  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Proto Labs Inc                                    | PROTO LABS INC                          | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |     82962 | NS      | $3067934.76   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp                       | NATIONAL-CL A                           | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    128530 | NS      | $4646359.50   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Medical Properties Trust Inc                      | MEDICAL PROPERTI                        | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |   2030459 | NS      | $9279197.63   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Two Harbors Investment Corp                       | TWO HARBORS INVE                        | CUSIP: 90187B804<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EC               | CORP              | US        |    350671 | NS      | $3713605.89   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Corp                                          | CTS CORP                                | CUSIP: 126501105<br>LEI: 549300YV1HQLBVHOI649 | Long             | EC               | CORP              | US        |    101764 | NS      | $4140777.16   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                                          | FMC CORP                                | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |    422250 | NS      | $17126460.00  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingevity Corp                                     | INGEVITY CORP                           | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |    122835 | NS      | $5081683.95   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock Inc                                      | ARCHROCK INC                            | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |    592157 | NS      | $14744709.30  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Edge Properties                             | URBAN EDGE P                            | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    424524 | NS      | $7709355.84   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc                              | DYCOM INDS                              | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |     98678 | NS      | $22688045.76  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions Inc           | KRATOS DEFENSE &                        | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    516982 | NS      | $19071465.98  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment Inc                                 | AEROVIRONMENT IN                        | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |     94714 | NS      | $16861933.42  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet Inc                                        | RADNET INC                              | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |    220341 | NS      | $12667404.09  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusPoint Ltd                                   | SIRIUSPOINT LTD                         | CUSIP: G8192H106<br>LEI: 549300OGXFI85N3YZZ51 | Long             | EC               | CORP              | US        |    311591 | NS      | $6104067.69   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc         | HA SUSTAINABLE I                        | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |    402306 | NS      | $10077765.30  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| US Physical Therapy Inc                           | US PHYSICAL THER                        | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Long             | EC               | CORP              | US        |     51004 | NS      | $3824789.96   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp                                       | PLEXUS CORP                             | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |     91459 | NS      | $12004908.34  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                                | LIBERTY ENERGY I                        | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    548019 | NS      | $6351540.21   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NV5 Global Inc                                    | NV5 GLOBAL INC                          | CUSIP: 62945V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    176153 | NS      | $3892981.30   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonos Inc                                         | SONOS INC                               | CUSIP: 83570H108<br>LEI: 549300WEPU6075I77M08 | Long             | EC               | CORP              | US        |    402622 | NS      | $4138954.16   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| XPEL Inc                                          | XPEL INC                                | CUSIP: 98379L100<br>LEI: 549300KWSE3IGXLJNW66 | Long             | EC               | CORP              | US        |     76980 | NS      | $2768970.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Monarch Casino & Resort Inc                       | MONARCH CASINO                          | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |     43035 | NS      | $3603750.90   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreCivic Inc                                     | CORECIVIC INC                           | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |    371569 | NS      | $8159655.24   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC                           | CUSHMAN & WAKEFI                        | CUSIP: G2717B108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    776759 | NS      | $7790892.77   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Protagonist Therapeutics Inc                      | PROTAGONIST THER                        | CUSIP: 74366E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    201528 | NS      | $9566534.16   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Deluxe Corp                                       | DELUXE CORP                             | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |    150153 | NS      | $2142683.31   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                                      | CARTER'S INC                            | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |    121672 | NS      | $3816850.64   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries Inc                             | OXFORD INDS INC                         | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |     49972 | NS      | $2682496.96   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| World Kinect Corp                                 | WORLD KINECT COR                        | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |    196050 | NS      | $5369809.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Motor Products Inc                       | STANDARD MOTOR                          | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |     69390 | NS      | $2102517.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Secure Inc                                  | CLEAR SECURE I-A                        | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    318010 | NS      | $7870747.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ProPetro Holding Corp                             | PROPETRO HOLDING                        | CUSIP: 74347M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    266536 | NS      | $1439294.40   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabre Corp                                        | SABRE CORP                              | CUSIP: 78573M104<br>LEI: 529900VKCYZW8GZ4WW58 | Long             | EC               | CORP              | US        |   1305568 | NS      | $3290031.36   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services Corp                 | STEWART INFO SVC                        | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |     93899 | NS      | $5665865.66   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PennyMac Mortgage Investment Trust                | PENNYMAC MORTGAG                        | CUSIP: 70931T103<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EC               | CORP              | US        |    293758 | NS      | $3607348.24   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ellington Financial Inc                           | ELLINGTON FINANC                        | CUSIP: 28852N109<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EC               | CORP              | US        |    306397 | NS      | $3851410.29   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corp                       | SIMMONS FIRST -A                        | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |    425003 | NS      | $7973056.28   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties Inc                          | HIGHWOODS PROP                          | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |    363976 | NS      | $10810087.20  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank/Los Angeles CA                     | PREFERRED BANK                          | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |     41490 | NS      | $3468978.90   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NeoGenomics Inc                                   | NEOGENOMICS INC                         | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    434101 | NS      | $3160255.28   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| WK Kellogg Co                                     | WK KELLOGG CO                           | CUSIP: 92942W107<br>LEI: 529900SWC935GFWUJ804 | Long             | EC               | CORP              | US        |    223915 | NS      | $3788641.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial Inc                                | AXOS FINANCIAL I                        | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |    183467 | NS      | $12758295.18  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                        | KORN FERRY                              | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |    174433 | NS      | $11863188.33  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Balchem Corp                                      | BALCHEM CORP                            | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |    109948 | NS      | $18328331.60  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc                       | INSPIRE MEDICAL                         | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |    100347 | NS      | $13867955.40  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                                      | LINDSAY CORP                            | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |     36666 | NS      | $5111240.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kulicke & Soffa Industries Inc                    | KULICKE & SOFFA                         | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |    180517 | NS      | $5803621.55   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc                            | DIGI INTL INC                           | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |    124810 | NS      | $4045092.10   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Inc                                      | TELEFLEX INC                            | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |    157082 | NS      | $19206416.14  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                           | PEBBLEBROOK HOTE                        | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |    404620 | NS      | $3714411.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Financial System Inc                    | COMMUNITY FINANC                        | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |    178103 | NS      | $10016512.72  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| WisdomTree Inc                                    | WISDOMTREE INC                          | CUSIP: 97717P104<br>LEI: 549300WIU8IS7UFO7871 | Long             | EC               | CORP              | US        |    387069 | NS      | $3653931.36   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| USANA Health Sciences Inc                         | USANA HEALTH SCI                        | CUSIP: 90328M107<br>LEI: 549300YTURXE814MAH96 | Long             | EC               | CORP              | US        |     37169 | NS      | $1110238.03   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                           | CENTURY COMMUNIT                        | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     92021 | NS      | $4773129.27   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrun Inc                                        | SUNRUN INC                              | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |    758714 | NS      | $5682767.86   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| First Commonwealth Financial Corp                 | FIRST COMMON FIN                        | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |    343131 | NS      | $5359706.22   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Champion Homes Inc                                | CHAMPION HOMES I                        | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    178184 | NS      | $11653233.60  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                    | AMERIS BANCORP                          | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |    218775 | NS      | $13448099.25  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co                               | ALLEGIANT TRAVEL                        | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |     49337 | NS      | $2742150.46   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive Inc                            | GROUP 1 AUTOMOTI                        | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |     43918 | NS      | $18617718.56  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings Inc                            | ENERGIZER HOLDIN                        | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |    222366 | NS      | $5178904.14   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes Inc                              | TRI POINTE HOMES                        | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    316443 | NS      | $9328739.64   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp                              | QUAKER CHEMICAL                         | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |     46286 | NS      | $5019253.84   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| World Acceptance Corp                             | WORLD ACCEPTANCE                        | CUSIP: 981419104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10878 | NS      | $1680433.44   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dana Inc                                          | DANA INC                                | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |    435899 | NS      | $7249000.37   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Viasat Inc                                        | VIASAT INC                              | CUSIP: 92552V100<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | EC               | CORP              | US        |    288875 | NS      | $2521878.75   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp                    | ATLANTIC UNION B                        | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    441075 | NS      | $13241071.50  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Shake Shack Inc                                   | SHAKE SHACK IN-A                        | CUSIP: 819047101<br>LEI: 529900J74GJAHYP80N79 | Long             | EC               | CORP              | US        |    135384 | NS      | $17571489.36  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo Inc                                         | QORVO INC                               | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |    315900 | NS      | $24014718.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corp                                       | BANNER CORPORATI                        | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    116553 | NS      | $7185492.45   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc                             | ESCO TECH INC                           | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |     87288 | NS      | $15820077.12  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Oil & Gas Inc                            | NORTHERN OIL AND                        | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |    335881 | NS      | $8927716.98   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd                               | SIGNET JEWELERS                         | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | US        |    147112 | NS      | $9793245.84   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp                           | FIRST FIN BANCRP                        | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |    323077 | NS      | $7805540.32   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Corp/VA                                 | UNIVERSAL CORP                          | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |     83530 | NS      | $5462026.70   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HB Fuller Co                                      | HB FULLER CO                            | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |    184954 | NS      | $10324132.28  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Saul Centers Inc                                  | SAUL CENTERS INC                        | CUSIP: 804395101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40644 | NS      | $1368889.92   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc                                | ABM INDUSTRIES                          | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |    210369 | NS      | $11075927.85  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cracker Barrel Old Country Store Inc              | CRACKER BARREL                          | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |     75302 | NS      | $4325346.88   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                                      | SANMINA CORP                            | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |    183747 | NS      | $15561533.43  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Artivion Inc                                      | ARTIVION INC                            | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |    127644 | NS      | $3775709.52   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA Pharmaceuticals Inc                        | ACADIA PHARMACEU                        | CUSIP: 004225108<br>LEI: 529900O3044NO0PEA039 | Long             | EC               | CORP              | US        |    417102 | NS      | $8996890.14   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TreeHouse Foods Inc                               | TREEHOUSE FOODS                         | CUSIP: 89469A104<br>LEI: 5493007M7EVHE470Q576 | Long             | EC               | CORP              | US        |    153027 | NS      | $3436986.42   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ANI Pharmaceuticals Inc                           | ANI PHARMACEUTIC                        | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |     56122 | NS      | $3295483.84   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                              | RUSH ENTER-CL A                         | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |    210806 | NS      | $10466517.90  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Voyix Corp                                    | NCR VOYIX CORP                          | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |    493031 | NS      | $5467713.79   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| QuinStreet Inc                                    | QUINSTREET INC                          | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |    191066 | NS      | $2917577.82   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries Inc                            | INSTEEL INDS                            | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |     65921 | NS      | $2308553.42   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenia Hotels & Resorts Inc                        | XENIA HOTELS & R                        | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |    344257 | NS      | $4210263.11   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp                        | HORACE MANN EDUC                        | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |    137858 | NS      | $5987172.94   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co                                 | DXC TECHNOLOGY C                        | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |    612342 | NS      | $9307598.40   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Sylvamo Corp                                      | SYLVAMO CORP                            | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |    115370 | NS      | $6111148.90   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corp                                      | NAVIENT CORP                            | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |    250903 | NS      | $3372136.32   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mesa Laboratories Inc                             | MESA LABS                               | CUSIP: 59064R109<br>LEI: 549300ZCG738WLX8ZW79 | Long             | EC               | CORP              | US        |     18456 | NS      | $1857042.72   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NetScout Systems Inc                              | NETSCOUT SYSTEMS                        | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |    243140 | NS      | $5553317.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaiser Aluminum Corp                              | KAISER ALUMINUM                         | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53925 | NS      | $3914415.75   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Entertainment Inc                            | PENN ENTERTAINME                        | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    506076 | NS      | $7505107.08   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| LCI Industries                                    | LCI INDUSTRIES                          | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |     86181 | NS      | $7509812.34   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International Inc                           | TITAN INTL INC                          | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |    161318 | NS      | $1167942.32   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp                                      | GRIFFON CORP                            | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |    133441 | NS      | $9174068.75   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                               | CSW INDUSTRI INC                        | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |     56762 | NS      | $17357251.98  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleanspark Inc                                    | CLEANSPARK INC                          | CUSIP: 18452B209<br>LEI: 254900VO7KBRJQDGY810 | Long             | EC               | CORP              | US        |    940281 | NS      | $8114625.03   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Enova International Inc                           | ENOVA INTERNATIO                        | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |     87292 | NS      | $8089349.64   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniAb Inc                                        | OMNIAB INC - 12.5                       | CUSIP: 68218J202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27888 | NS      | $0.28         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Vestis Corp                                       | VESTIS CORP                             | CUSIP: 29430C102<br>LEI: 254900QDW0TA2TMFAP59 | Long             | EC               | CORP              | US        |    387664 | NS      | $2388010.24   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp                              | SL GREEN REALTY                         | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |    236861 | NS      | $13446598.97  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalOcean Holdings Inc                         | DIGITALOCEAN HOL                        | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |    215574 | NS      | $6100744.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Semtech Corp                                      | SEMTECH CORP                            | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |    290518 | NS      | $10845036.94  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Warrior Met Coal Inc                              | WARRIOR MET COAL                        | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               | CORP              | US        |    177723 | NS      | $8077510.35   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | Receive ALKERMES PLC Pay Overnight Rate | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |     76000 | NC      | $132200.92    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WillScot Holdings Corp                            | WILLSCOT HOLDING                        | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |    624890 | NS      | $16840785.50  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks Inc/GA                     | UNITED COMMUNITY                        | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |    403757 | NS      | $11603976.18  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Acushnet Holdings Corp                            | ACUSHNET HOLDING                        | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Long             | EC               | CORP              | US        |     92556 | NS      | $6316021.44   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphastar Pharmaceuticals Inc                     | AMPHASTAR PHARMA                        | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |    126885 | NS      | $3262213.35   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Catalyst Pharmaceuticals Inc                      | CATALYST PHARMAC                        | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |    379046 | NS      | $9460988.16   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GMS Inc                                           | GMS INC                                 | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |    131273 | NS      | $9941304.29   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG Holdings Inc                                 | PROG HOLDINGS IN                        | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |    140404 | NS      | $4047847.32   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc                                | CARETRUST REI                           | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |    634703 | NS      | $18254058.28  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Brightsphere Investment Group Inc                 | ACADIAN ASSET MA                        | CUSIP: 10948W103<br>LEI: 5493004FTLQNQTBOP608 | Long             | EC               | CORP              | US        |     94828 | NS      | $2855271.08   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products Inc                   | INSTALLED BUILDI                        | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |     78532 | NS      | $12524283.36  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Monro Inc                                         | MONRO INC                               | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100677 | NS      | $1543378.41   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Employers Holdings Inc                            | EMPLOYERS HOLDIN                        | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     83608 | NS      | $4069201.36   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp                             | INDEP BANK/MA                           | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |    143739 | NS      | $8839948.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Enterprises Inc                       | WORTHINGTON ENTE                        | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |    104778 | NS      | $6172471.98   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy Inc                          | PATTERSON-UTI                           | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |   1188428 | NS      | $6560122.56   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenandoah Telecommunications Co                  | SHENANDOAH TELEC                        | CUSIP: 82312B106<br>LEI: 549300XH3H4OUKFPHS84 | Long             | EC               | CORP              | US        |    155777 | NS      | $1959674.66   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR Real Estate Finance Trust Inc                 | KKR REAL ESTATE                         | CUSIP: 48251K100<br>LEI: 549300K23AYZDZ2REL62 | Long             | EC               | CORP              | US        |    194022 | NS      | $1732616.46   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp                    | CENTRAL PACIFIC                         | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |     91765 | NS      | $2450125.50   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp                                 | GETTY REALTY                            | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |    170894 | NS      | $5000358.44   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Energy Inc                                  | VITAL ENERGY INC                        | CUSIP: 516806205<br>LEI: 549300X0PTWU2QSLSL14 | Long             | EC               | CORP              | US        |     90666 | NS      | $1349110.08   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Golden Entertainment Inc                          | GOLDEN ENTERTAIN                        | CUSIP: 381013101<br>LEI: 549300P8YYCKQVJ0Y638 | Long             | EC               | CORP              | US        |     69169 | NS      | $1973391.57   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Genworth Financial Inc                            | GENWORTH FINANCI                        | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |   1444693 | NS      | $10185085.65  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                                     | MYR GROUP INC/DE                        | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |     54523 | NS      | $8551932.55   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                                       | SITIME CORP                             | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64647 | NS      | $12675337.29  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Avanos Medical Inc                                | AVANOS MEDICAL I                        | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |    154919 | NS      | $1947331.83   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide Inc                                 | ACI WORLDWIDE IN                        | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |    354764 | NS      | $16411382.64  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Capital Group Inc                          | ENCORE CAPITAL G                        | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |     80278 | NS      | $3042536.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewell Personal Care Co                         | EDGEWELL PERSONA                        | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |    162805 | NS      | $4496674.10   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| N-able Inc/US                                     | N-ABLE INC                              | CUSIP: 62878D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    237323 | NS      | $1848746.17   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolfspeed Inc                                     | WOLFSPEED INC                           | CUSIP: 977852102<br>LEI: 549300OGU88P3AW3TO93 | Long             | EC               | CORP              | US        |    524244 | NS      | $623850.36    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Granite Construction Inc                          | GRANITE CONSTR                          | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |    146917 | NS      | $13141725.65  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemours Co/The                                   | CHEMOURS CO                             | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |    505779 | NS      | $5123541.27   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Trustmark Corp                                    | TRUSTMARK CORP                          | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |    206295 | NS      | $7108925.70   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin Inc                           | ALEXANDER & BALD                        | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    245581 | NS      | $4398355.71   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp                               | VERRA MOBILITY C                        | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |    557343 | NS      | $13181161.95  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackLine Inc                                     | BLACKLINE INC                           | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |    175432 | NS      | $9811911.76   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd                              | ASSURED GUARANTY                        | CUSIP: G0585R106<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | US        |    161772 | NS      | $13677822.60  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| A10 Networks Inc                                  | A10 NETWORKS INC                        | CUSIP: 002121101<br>LEI: 549300UQD4IWUML81Q35 | Long             | EC               | CORP              | US        |    248960 | NS      | $4297049.60   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| John B Sanfilippo & Son Inc                       | JOHN B SANFILIPP                        | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Long             | EC               | CORP              | US        |     30664 | NS      | $1905460.96   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Metallurgical Resources Inc                 | ALPHA METALLURGI                        | CUSIP: 020764106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36932 | NS      | $4137861.28   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Group Inc                                 | TRIUMPH GROUP                           | CUSIP: 896818101<br>LEI: 5493007L6S47Q14SL582 | Long             | EC               | CORP              | US        |    261840 | NS      | $6752853.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech Inc                               | KRYSTAL BIOTECH                         | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |     85579 | NS      | $10779530.84  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bancorp Inc/The                                   | BANCORP INC/THE                         | CUSIP: 05969A105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    161391 | NS      | $8247080.10   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor Inc                                    | FORMFACTOR INC                          | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |    262090 | NS      | $7823386.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| John Wiley & Sons Inc                             | WILEY JOHN&SON-A                        | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |    138693 | NS      | $5425670.16   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Pathward Financial Inc                            | PATHWARD FINANCI                        | CUSIP: 59100U108<br>LEI: 5493004X52BH1NBLW813 | Long             | EC               | CORP              | US        |     80660 | NS      | $6295513.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Communications Holdings Inc                | COGENT COMMUNICA                        | CUSIP: 19239V302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    142761 | NS      | $6525605.31   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Stepan Co                                         | STEPAN CO                               | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |     71473 | NS      | $3880269.17   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| United Natural Foods Inc                          | UNITED NATURAL                          | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |    202248 | NS      | $6182721.36   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp Inc                                          | YELP INC                                | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |    222723 | NS      | $8501336.91   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NexPoint Residential Trust Inc                    | NEXPOINT RESI                           | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               | CORP              | US        |     74846 | NS      | $2544764.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                               | CLEARWAY ENERG-A                        | CUSIP: 18539C105<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |    116418 | NS      | $3358659.30   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Safehold Inc                                      | SAFEHOLD INC                            | CUSIP: 78646V107<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               | CORP              | US        |    155064 | NS      | $2336814.48   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp                                 | FB FINANCIAL COR                        | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |    118120 | NS      | $5155938.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider National Inc                            | SCHNEIDER NATL-B                        | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |    159056 | NS      | $3685327.52   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp                         | CHESAPEAKE UTIL                         | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |     77019 | NS      | $9410951.61   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | Vanguard Market Liquidity Fund          | CUSIP: N/A<br>LEI: 1I6HV0TLSTR3A4XQ6L78       | Long             | STIV             | CORP              | US        |      5213 | NS      | $521207.87    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonic Automotive Inc                              | SONIC AUTOMOTI-A                        | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |     49506 | NS      | $3461954.58   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                                 | MP MATERIALS COR                        | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |    408479 | NS      | $8900757.41   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                                  | BADGER METER INC                        | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |     99478 | NS      | $24692429.16  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CEVA Inc                                          | CEVA INC                                | CUSIP: 157210105<br>LEI: 529900G9T7CVU2J2VU73 | Long             | EC               | CORP              | US        |     80181 | NS      | $1504195.56   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient PLC                                        | ADIENT PLC                              | CUSIP: G0084W101<br>LEI: 5493002QLDY8O75RTR78 | Long             | EC               | CORP              | US        |    283984 | NS      | $4427310.56   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| California Water Service Group                    | CALIF WATER SRVC                        | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |    201094 | NS      | $9501691.50   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin BSP Realty Trust Inc                     | FRANKLIN BSP REA                        | CUSIP: 35243J101<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EC               | CORP              | US        |    281070 | NS      | $3100202.10   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis Inc                                    | ZIFF DAVIS INC                          | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |    144292 | NS      | $4680832.48   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Adeia Inc                                         | ADEIA INC                               | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    368928 | NS      | $4737035.52   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries Inc                    | ARMSTRONG WORLD                         | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |    147433 | NS      | $22944997.79  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Radian Group Inc                                  | RADIAN GROUP INC                        | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |    490615 | NS      | $16754502.25  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Macerich Co/The                                   | MACERICH CO                             | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |    840485 | NS      | $13599047.30  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Walker & Dunlop Inc                               | WALKER & DUNLOP                         | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108461 | NS      | $7428493.89   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens & Minor Inc                                 | OWENS & MINOR                           | CUSIP: 690732102<br>LEI: 549300LMT5KQQXCEZ733 | Long             | EC               | CORP              | US        |    251203 | NS      | $1657939.80   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| QuidelOrtho Corp                                  | QUIDELORTHO CORP                        | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |    223153 | NS      | $6844102.51   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Myriad Genetics Inc                               | MYRIAD GENETICS                         | CUSIP: 62855J104<br>LEI: 52990044IHUOUMETT163 | Long             | EC               | CORP              | US        |    308818 | NS      | $1293947.42   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Itron Inc                                         | ITRON INC                               | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |    152511 | NS      | $17630271.60  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp                               | ADDUS HOMECARE                          | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |     60655 | NS      | $6727246.05   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hub Group Inc                                     | HUB GROUP-A                             | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    205640 | NS      | $6932124.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitol Federal Financial Inc                     | CAPITOL FEDERAL                         | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    414279 | NS      | $2365533.09   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sally Beauty Holdings Inc                         | SALLY BEAUTY HOL                        | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |    345047 | NS      | $3005359.37   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Payoneer Global Inc                               | PAYONEER GLOBAL                         | CUSIP: 70451X104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    867711 | NS      | $5909111.91   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group Inc                                   | ALAMO GROUP                             | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |     35087 | NS      | $6948629.48   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunstone Hotel Investors Inc                      | SUNSTONE HOTEL                          | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |    679515 | NS      | $6088454.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO Inc                                           | RXO INC                                 | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |    478474 | NS      | $7430701.22   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Upbound Group Inc                                 | UPBOUND GROUP IN                        | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |    172831 | NS      | $3964743.14   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcus Biosciences Inc                             | ARCUS BIOSCIENCE                        | CUSIP: 03969F109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    228743 | NS      | $2042674.99   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CorVel Corp                                       | CORVEL CORP                             | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92055 | NS      | $10242959.85  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc                       | STERLING INFRAST                        | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |    103879 | NS      | $19530290.79  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoe Carnival Inc                                 | SHOE CARNIVAL                           | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59361 | NS      | $1140918.42   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners Inc                    | VIRTUS INVEST                           | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |     22304 | NS      | $3807292.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MarineMax Inc                                     | MARINEMAX INC                           | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |     67191 | NS      | $1424449.20   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc                                    | BANKUNITED INC                          | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |    252860 | NS      | $8592182.80   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes Inc                                        | DIODES INC                              | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |    156696 | NS      | $6957302.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| American States Water Co                          | AMER STATES WATE                        | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |    127783 | NS      | $10078245.21  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corp                              | JETBLUE AIRWAYS                         | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |   1026009 | NS      | $5181345.45   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Management Inc             | ARTISAN PARTNE-A                        | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |    236974 | NS      | $9550052.20   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP Inc                                        | EZCORP INC-A                            | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |    175983 | NS      | $2366971.35   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Viad Corp                                         | PURSUIT ATTRACTI                        | CUSIP: 92552R406<br>LEI: 549300PXU4ZW7LPO5Y40 | Long             | EC               | CORP              | US        |     72191 | NS      | $2013406.99   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorian LPG Ltd                                    | DORIAN LPG LTD                          | CUSIP: Y2106R110<br>LEI: 549300WP1W2WGMC7F395 | Long             | EC               | CORP              | US        |    123331 | NS      | $2640516.71   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical Inc                      | COLLEGIUM PHARMA                        | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |    109223 | NS      | $3182758.22   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Tandem Diabetes Care Inc                          | TANDEM DIABETES                         | CUSIP: 875372203<br>LEI: 549300JEPFOD0K4D3I05 | Long             | EC               | CORP              | US        |    222107 | NS      | $4402160.74   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenbrier Cos Inc/The                            | GREENBRIER COS                          | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |    105882 | NS      | $4772101.74   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp                                       | ROGERS CORP                             | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |     57437 | NS      | $3823581.09   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovative Industrial Properties Inc              | INNOVATIVE INDUS                        | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |     95837 | NS      | $5292119.14   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| John Bean Technologies Corp                       | JBT MAREL CORP                          | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |    156165 | NS      | $17929303.65  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett Inc                                | DOUGLAS EMMETT                          | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    566300 | NS      | $8058449.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Elme Communities                                  | ELME COMMUNITIES                        | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               | CORP              | US        |    297215 | NS      | $4773272.90   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties                              | JBG SMITH PROPER                        | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    285471 | NS      | $4881554.10   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerpac Tool Group Corp                           | ENERPAC TOOL GRO                        | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |    184053 | NS      | $7892192.64   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare Inc                  | PRESTIGE CONSUME                        | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    167519 | NS      | $14351352.73  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| TripAdvisor Inc                                   | TRIPADVISOR INC                         | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |    371758 | NS      | $5293833.92   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                                          | MOOG INC-CLASS A                        | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     95885 | NS      | $17768449.35  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HCI Group Inc                                     | HCI GROUP INC                           | CUSIP: 40416E103<br>LEI: 549300CZF7EZJH0MPH74 | Long             | EC               | CORP              | US        |     28686 | NS      | $4841336.22   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Guess? Inc                                        | GUESS? INC                              | CUSIP: 401617105<br>LEI: 549300QVH3ZK2DW0KP86 | Long             | EC               | CORP              | US        |     91673 | NS      | $960733.04    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| First Hawaiian Inc                                | FIRST HAWAIIA                           | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |    427617 | NS      | $10211493.96  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandisk Corp/DE                                   | SANDISK CORP                            | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    389764 | NS      | $14690205.16  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc                        | APPLE HOSPITALIT                        | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |    754806 | NS      | $8748201.54   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| National Beverage Corp                            | NATL BEVERAGE                           | CUSIP: 635017106<br>LEI: 549300O9MZIQJI8TGV17 | Long             | EC               | CORP              | US        |     79147 | NS      | $3579818.81   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Co/The                          | SIMPLY GOOD FOOD                        | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    310886 | NS      | $10728675.86  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Box Inc                                           | BOX INC- CLASS A                        | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |    486093 | NS      | $18384037.26  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwood Trust Inc                                 | REDWOOD TRUST                           | CUSIP: 758075402<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EC               | CORP              | US        |    449035 | NS      | $2447240.75   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Matthews International Corp                       | MATTHEWS INTL-A                         | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |    105116 | NS      | $2254738.20   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc                             | TRANSMEDICS GROU                        | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |    113508 | NS      | $14429136.96  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp                        | STANDEX INTL CO                         | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |     40245 | NS      | $6074580.30   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings Inc                             | LIVERAMP HOLDING                        | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |    222441 | NS      | $7247127.78   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corp                         | CALIFORNIA RESOU                        | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |    240999 | NS      | $10644925.83  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Xerox Holdings Corp                               | XEROX HOLDINGS C                        | CUSIP: 98421M106<br>LEI: 5493000Y33XDVO2CXC18 | Long             | EC               | CORP              | US        |    388902 | NS      | $1901730.78   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings Inc                                  | NMI HOLDINGS INC                        | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |    265311 | NS      | $10538152.92  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SunCoke Energy Inc                                | SUNCOKE ENERGY I                        | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |    285737 | NS      | $2325899.18   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Armada Hoffler Properties Inc                     | ARMADA HOFFLER P                        | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               | CORP              | US        |    268023 | NS      | $1865440.08   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp                        | SENSIENT TECHNOL                        | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |    143271 | NS      | $13543407.63  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes PLC                                      | ALKERMES PLC                            | CUSIP: G01767105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    473844 | NS      | $14504364.84  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp                                   | OTTER TAIL CORP                         | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    141463 | NS      | $10918114.34  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanmi Financial Corp                              | HANMI FINL CORP                         | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |    101722 | NS      | $2331468.24   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Astrana Health Inc                                | ASTRANA HEALTH I                        | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |    140578 | NS      | $3484928.62   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vericel Corp                                      | VERICEL CORP                            | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Long             | EC               | CORP              | US        |    167073 | NS      | $6899279.54   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Chefs' Warehouse Inc/The                          | CHEFS WAREHOUSE                         | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |    119055 | NS      | $7593327.90   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hope Bancorp Inc                                  | HOPE BANCORP INC                        | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |    428458 | NS      | $4301718.32   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENLANE Inc                                      | OPENLANE INC                            | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |    361313 | NS      | $8284907.09   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ADMA Biologics Inc                                | ADMA BIOLOGICS INC                      | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    799441 | NS      | $15860909.44  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                                        | STRIDE INC                              | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |    144646 | NS      | $21897957.94  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniAb Inc                                        | OMNIAB INC - 15                         | CUSIP: 68218J301<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27888 | NS      | $0.28         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Virtu Financial Inc                               | VIRTU FINANCIA-A                        | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |    273240 | NS      | $10981515.60  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategic Education Inc                           | STRATEGIC EDUCAT                        | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |     82343 | NS      | $7512151.89   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Supernus Pharmaceuticals Inc                      | SUPERNUS PHARMAC                        | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |    186718 | NS      | $5918960.60   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of California Inc                            | BANC OF CALIFORN                        | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    465216 | NS      | $6382763.52   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc                             | JACKSON FI-A                            | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |    249838 | NS      | $20464230.58  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SpartanNash Co                                    | SPARTANNASH CO                          | CUSIP: 847215100<br>LEI: 549300TV3QCCSQLF5X16 | Long             | EC               | CORP              | US        |    114493 | NS      | $2228033.78   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc                                      | LA-Z-BOY INC                            | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |    140456 | NS      | $5883701.84   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection Inc                                 | PC CONNECTION                           | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |     41882 | NS      | $2739082.80   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                                      | FRESHPET INC                            | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |    164164 | NS      | $13159386.24  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp                               | MERITAGE HOMES C                        | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |    244684 | NS      | $15564349.24  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group Inc                       | ASBURY AUTO GRP                         | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |     66252 | NS      | $15099493.32  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters Inc                              | URBAN OUTFITTER                         | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |    190397 | NS      | $13308750.30  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanex Building Products Corp                     | QUANEX BUILDING                         | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               | CORP              | US        |    159807 | NS      | $2673571.11   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Liquidity Services Inc                            | LIQUIDITY SERVIC                        | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |     76838 | NS      | $1795704.06   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CONMED Corp                                       | CONMED CORP                             | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |    104478 | NS      | $5929126.50   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corp of Florida                  | SEACOAST BANK/FL                        | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |    287110 | NS      | $7416051.30   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| eXp World Holdings Inc                            | EXP WORLD HOLDIN                        | CUSIP: 30212W100<br>LEI: 549300TWVVZC283VEC32 | Long             | EC               | CORP              | US        |    286157 | NS      | $2438057.64   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp                                      | GLAUKOS CORP                            | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |    186476 | NS      | $17582822.04  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | E-Mini Russ 2000  Jun25                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |        25 | NC      | $-52265.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NBT Bancorp Inc                                   | NBT BANCORP INC                         | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    176477 | NS      | $7385562.45   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc                            | ADVANCE AUTO PAR                        | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |    200706 | NS      | $9619838.58   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI Corp                                          | HNI CORP                                | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |    161810 | NS      | $7529019.30   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc                       | AMN HEALTHCARE                          | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |    129124 | NS      | $2725807.64   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Leggett & Platt Inc                               | LEGGETT & PLATT                         | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |    455303 | NS      | $4125045.18   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack in the Box Inc                               | JACK IN THE BOX                         | CUSIP: 466367109<br>LEI: 5493002OJW26P0SUUP68 | Long             | EC               | CORP              | US        |     63401 | NS      | $1202399.97   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mortgage Trust Inc                       | NEW YORK MTGE                           | CUSIP: 649604840<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EC               | CORP              | US        |    308082 | NS      | $2011775.46   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu Inc                                          | COHU INC                                | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |    157904 | NS      | $2695421.28   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Integer Holdings Corp                             | INTEGER HOLDINGS                        | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |    113443 | NS      | $13472490.68  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Buckle Inc/The                                    | THE BUCKLE INC                          | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |    101091 | NS      | $4307487.51   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alarm.com Holdings Inc                            | ALARM.COM HOLDIN                        | CUSIP: 011642105<br>LEI: 549300HIH92U1EKIHZ32 | Long             | EC               | CORP              | US        |    167190 | NS      | $9596706.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co Inc                          | FRANKLIN ELEC CO                        | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |    132903 | NS      | $11481490.17  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc                         | MINERALS TECH                           | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |    107922 | NS      | $6127811.16   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Commercial Real Estate Finance Inc         | APOLLO COMMERCIA                        | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               | CORP              | US        |    432497 | NS      | $4251445.51   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports Corp                 | MADISON SQUARE G                        | CUSIP: 55825T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56658 | NS      | $10758787.62  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems Inc                    | TELEPHONE & DATA                        | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    329846 | NS      | $11333508.56  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology Inc                        | VISHAY INTERTECH                        | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |    379488 | NS      | $5339396.16   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                                       | HAWKINS INC                             | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |     64421 | NS      | $8599559.29   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Foot Locker Inc                                   | FOOT LOCKER INC                         | CUSIP: 344849104<br>LEI: 549300X383CBNP6MTV94 | Long             | EC               | CORP              | US        |    279097 | NS      | $6631344.72   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group Inc                               | STEPSTONE GROU-A                        | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    223179 | NS      | $12910905.15  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WD-40 Co                                          | WD-40 CO                                | CUSIP: 929236107<br>LEI: 549300UZHTN0CNKBOB19 | Long             | EC               | CORP              | US        |     45816 | NS      | $11162152.08  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Country Airlines Holdings Inc                 | SUN COUNTRY HOLD                        | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |    132331 | NS      | $1532392.98   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc                                    | PHOTRONICS INC                          | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |    214368 | NS      | $3582089.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury General Corp                              | MERCURY GEN CORP                        | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |     89933 | NS      | $5798879.84   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmonic Inc                                      | HARMONIC INC                            | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |    395801 | NS      | $3570125.02   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicor Corp                                        | VICOR CORP                              | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Long             | EC               | CORP              | US        |     77864 | NS      | $3397984.96   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennametal Inc                                    | KENNAMETAL INC                          | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |    261763 | NS      | $5635757.39   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholastic Corp                                   | SCHOLASTIC CORP                         | CUSIP: 807066105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     83415 | NS      | $1440577.05   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MGP Ingredients Inc                               | MGP INGREDIENTS                         | CUSIP: 55303J106<br>LEI: 2549006OMHFVZ4MS8538 | Long             | EC               | CORP              | US        |     47247 | NS      | $1390006.74   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp                             | LINCOLN NATL CRP                        | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |    576259 | NS      | $19097223.26  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp                                      | KNOWLES CORP                            | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |    295990 | NS      | $4857195.90   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| United Fire Group Inc                             | UNITED FIRE GROU                        | CUSIP: 910340108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72276 | NS      | $2056252.20   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group Inc                           | PRIVIA HEALTH GR                        | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    349078 | NS      | $7945015.28   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Financial Corp/WA                        | HERITAGE FINL                           | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    115152 | NS      | $2692253.76   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Impinj Inc                                        | IMPINJ INC                              | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |     78275 | NS      | $8930394.75   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares Inc                        | SERVISFIRST BANC                        | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169774 | NS      | $12636278.82  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group Inc                  | HELIX ENERGY SOL                        | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |    483691 | NS      | $2994047.29   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Energy Solutions Inc                        | ATLAS ENERGY SOL                        | CUSIP: 642045108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    243091 | NS      | $2953555.65   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| CVB Financial Corp                                | CVB FINANCIAL                           | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    444139 | NS      | $8327606.25   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Angi Inc                                          | ANGI INC                                | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |    147796 | NS      | $2313007.40   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Extreme Networks Inc                              | EXTREME NETWORKS                        | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |    449655 | NS      | $7046093.85   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies Inc                            | LUMEN TECHNOLOGI                        | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |   3432200 | NS      | $13454224.00  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corp                            | AMER WOODMARK CO                        | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |     50915 | NS      | $2870078.55   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                               | CLEARWAY ENERG-C                        | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |    280912 | NS      | $8643662.24   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd                           | G III APPAREL                           | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |    130693 | NS      | $3796631.65   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro Inc                                         | ENPRO INC                               | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |     71002 | NS      | $13145310.28  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc                              | SPX TECHNOLOGIES                        | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |    156798 | NS      | $23847407.82  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| American Assets Trust Inc                         | AMERICAN ASSETS                         | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    159810 | NS      | $3186611.40   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group Inc                           | MDU RES GROUP                           | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    689551 | NS      | $11853381.69  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Gogo Inc                                          | GOGO INC                                | CUSIP: 38046C109<br>LEI: 549300VL3DIHSFHYTO04 | Long             | EC               | CORP              | US        |    198739 | NS      | $2108620.79   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW Inc                                          | DNOW INC                                | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |    357340 | NS      | $5152842.80   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Bancshares Inc                          | NORTHWEST BANCSH                        | CUSIP: 667340103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    431222 | NS      | $5295406.16   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos                                 | PIPER SANDLER CO                        | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |     54447 | NS      | $13690698.15  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristow Group Inc                                 | BRISTOW GROUP IN                        | CUSIP: 11040G103<br>LEI: 5493005Q24EN3UC1PV68 | Long             | EC               | CORP              | US        |     83451 | NS      | $2441776.26   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education Inc                      | ADTALEM GLOBAL E                        | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |    126019 | NS      | $16638288.57  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Corcept Therapeutics Inc                          | CORCEPT THERA                           | CUSIP: 218352102<br>LEI: 529900EO9LUTFMZ7FF90 | Long             | EC               | CORP              | US        |    315389 | NS      | $24461570.84  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Steven Madden Ltd                                 | STEVEN MADDEN                           | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |    244580 | NS      | $6028897.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust Inc             | ESSENTIAL PROPER                        | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    634787 | NS      | $20630577.50  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Koppers Holdings Inc                              | KOPPERS HOLDINGS                        | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68125 | NS      | $2092800.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cargurus Inc                                      | CARGURUS INC                            | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |    297557 | NS      | $9325436.38   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp/Southern Pines NC                   | FIRST BANCORP/NC                        | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    139808 | NS      | $5783856.96   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings Inc                              | AMENTUM HOLDINGS                        | CUSIP: 023939101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    485490 | NS      | $10030223.40  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Arbor Realty Trust Inc                            | ARBOR REALTY TRU                        | CUSIP: 038923108<br>LEI: 549300ASFUWYQO0RW077 | Long             | EC               | CORP              | US        |    638354 | NS      | $6115431.32   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Pacira BioSciences Inc                            | PACIRA BIOSCIENC                        | CUSIP: 695127100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    156145 | NS      | $4034786.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen of Troy Ltd                                 | HELEN OF TROY                           | CUSIP: G4388N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77446 | NS      | $2082522.94   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital Inc                                  | INTERDIGITAL INC                        | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86872 | NS      | $18873810.72  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthStream Inc                                  | HEALTHSTREAM INC                        | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               | CORP              | US        |     81402 | NS      | $2280884.04   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand Inc                                   | MASTERBRAND                             | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |    429933 | NS      | $4385316.60   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Safety Insurance Group Inc                        | SAFETY INSURANCE                        | CUSIP: 78648T100<br>LEI: 254900LDCFLA3J746840 | Long             | EC               | CORP              | US        |     50174 | NS      | $4121292.36   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PriceSmart Inc                                    | PRICESMART INC                          | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |     83912 | NS      | $9060817.76   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentherm Inc                                      | GENTHERM INC                            | CUSIP: 37253A103<br>LEI: HKM6YX1U5JS60TCUB219 | Long             | EC               | CORP              | US        |    104972 | NS      | $2872558.78   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Veritex Holdings Inc                              | VERITEX HOLDINGS                        | CUSIP: 923451108<br>LEI: 549300F3SMOML02SC814 | Long             | EC               | CORP              | US        |    184453 | NS      | $4463762.60   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cars.com Inc                                      | CARS.COM INC                            | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |    201883 | NS      | $2069300.75   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Enviri Corp                                       | ENVIRI CORP                             | CUSIP: 415864107<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | EC               | CORP              | US        |    272445 | NS      | $2220426.75   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Medical Holdings Corp                      | SELECT MEDICAL                          | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    352872 | NS      | $5395412.88   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC Group Inc                                     | BGC GROUP INC-A                         | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |   1265890 | NS      | $11747459.20  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc                          | RESIDEO TECHN                           | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |    497131 | NS      | $10290611.70  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc                          | ULTRA CLEAN HOLD                        | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |    152449 | NS      | $2952937.13   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanesbrands Inc                                   | HANESBRANDS INC                         | CUSIP: 410345102<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | EC               | CORP              | US        |   1194309 | NS      | $5911829.55   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Atleos Corp                                   | NCR ATLEOS CORP                         | CUSIP: 63001N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    245119 | NS      | $6498104.69   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Newell Brands Inc                                 | NEWELL BRANDS IN                        | CUSIP: 651229106<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | EC               | CORP              | US        |   1407163 | NS      | $7457963.90   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Westamerica BanCorp                               | WESTAMERICA BANC                        | CUSIP: 957090103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90240 | NS      | $4336032.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J Snack Foods Corp                            | J & J SNACK FOOD                        | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |     52714 | NS      | $6071071.38   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AdvanSix Inc                                      | ADVANSIX INC                            | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |     89884 | NS      | $2113172.84   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Phinia Inc                                        | PHINIA INC                              | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |    138069 | NS      | $5992194.60   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PRA Group Inc                                     | PRA GROUP INC                           | CUSIP: 69354N106<br>LEI: 549300Q5HW3JSSB86K27 | Long             | EC               | CORP              | US        |    133657 | NS      | $1896592.83   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co                                        | TENNANT CO                              | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |     63729 | NS      | $4742712.18   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PDF Solutions Inc                                 | PDF SOLUTIONS                           | CUSIP: 693282105<br>LEI: 549300GMSP6MROFBI160 | Long             | EC               | CORP              | US        |    104299 | NS      | $1846092.30   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| S&T Bancorp Inc                                   | S & T BANCORP                           | CUSIP: 783859101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129191 | NS      | $4736142.06   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc                                  | STONEX GROUP INC                        | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |    144876 | NS      | $12264477.78  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortrea Holdings Inc                              | FORTREA HOLDINGS                        | CUSIP: 34965K107<br>LEI: 5493000FIVFABOVCDU97 | Long             | EC               | CORP              | US        |    305034 | NS      | $1311646.20   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd                                | ICHOR HOLDINGS L                        | CUSIP: G4740B105<br>LEI: 529900PS8R2JVLJ2H892 | Long             | EC               | CORP              | US        |    114763 | NS      | $1810960.14   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                                      | AGILYSYS INC                            | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |     75812 | NS      | $8029248.92   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU Medical Inc                                   | ICU MEDICAL                             | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |     82805 | NS      | $11167082.30  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies Inc                              | UFP TECHNOLOGIES                        | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |     24654 | NS      | $5773966.80   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitestone REIT                                   | WHITESTONE REI                          | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    151385 | NS      | $1865063.20   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentra Group Holdings Parent Inc               | CONCENTRA GROUP                         | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    366066 | NS      | $7918007.58   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries Inc                    | ADV ENERGY INDS                         | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |    127415 | NS      | $14624693.70  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                                     | CABLE ONE INC                           | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |     15587 | NS      | $2280845.71   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                                       | OFG BANCORP                             | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | US        |    155276 | NS      | $6388054.64   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERTEC Inc                                       | EVERTEC INC                             | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    215295 | NS      | $7800137.85   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest Inc                                       | SKYWEST INC                             | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |    136414 | NS      | $13839200.30  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria's Secret & Co                            | VICTORIA'S SECRE                        | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |    265447 | NS      | $5630130.87   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                                        | CACTUS INC- A                           | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |    225299 | NS      | $9237259.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                                          | ETSY INC                                | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |    380481 | NS      | $21059623.35  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ProAssurance Corp                                 | PROASSURANCE COR                        | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |    172801 | NS      | $4007255.19   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Enact Holdings Inc                                | ENACT HOLDINGS I                        | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |     98797 | NS      | $3497413.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc                             | POWELL INDS INC                         | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |     31783 | NS      | $5390078.97   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Middlesex Water Co                                | MIDDLESEX WATER                         | CUSIP: 596680108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60372 | NS      | $3498557.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                                      | SM ENERGY CO                            | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    387007 | NS      | $9063703.94   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries Inc                            | TRINITY INDUSTRI                        | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |    278045 | NS      | $7156878.30   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| LeMaitre Vascular Inc                             | LEMAITRE VASCULA                        | CUSIP: 525558201<br>LEI: 549300FZUBUB7MHY8R17 | Long             | EC               | CORP              | US        |     69300 | NS      | $5696460.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co                        | DIAMONDROCK HOSP                        | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |    701038 | NS      | $5355930.32   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| RPC Inc                                           | RPC INC                                 | CUSIP: 749660106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    277717 | NS      | $1233063.48   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitil Corp                                       | UNITIL CORP                             | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54973 | NS      | $3014169.59   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp                                       | NEOGEN CORP                             | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |    666302 | NS      | $3904529.72   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BancFirst Corp                                    | BANCFIRST CORP                          | CUSIP: 05945F103<br>LEI: 549300EJEHGBP4IO2J30 | Long             | EC               | CORP              | US        |     67392 | NS      | $8336727.36   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Marten Transport Ltd                              | MARTEN TRANSPORT                        | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    195921 | NS      | $2554809.84   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vir Biotechnology Inc                             | VIR BIOTECHNOLOG                        | CUSIP: 92764N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    313441 | NS      | $1548398.54   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Interface Inc                                     | INTERFACE INC                           | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |    197033 | NS      | $3958392.97   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | Vanguard Market Liquidity Fund          | CUSIP: N/A<br>LEI: 1I6HV0TLSTR3A4XQ6L78       | Long             | STIV             | CORP              | US        |    327367 | NS      | $32733393.33  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp                                   | SEALED AIR CORP                         | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |    492794 | NS      | $15867966.80  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Topgolf Callaway Brands Corp                      | TOPGOLF CALLAWAY                        | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |    477151 | NS      | $3025137.34   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc                         | MERIT MEDICAL                           | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |    197109 | NS      | $18731268.27  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookline Bancorp Inc                             | BROOKLINE BANCRP                        | CUSIP: 11373M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    301498 | NS      | $3114474.34   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                                    | BORGWARNER INC                          | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |    739700 | NS      | $24476673.00  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Integra LifeSciences Holdings Corp                | INTEGRA LIFESCIE                        | CUSIP: 457985208<br>LEI: WB7IJCYY8YFTENS4O147 | Long             | EC               | CORP              | US        |    224441 | NS      | $2841423.06   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ScanSource Inc                                    | SCANSOURCE INC                          | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |     73165 | NS      | $2954402.70   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Schrodinger Inc/United States                     | SCHRODINGER INC                         | CUSIP: 80810D103<br>LEI: 984500044BAE4791E559 | Long             | EC               | CORP              | US        |    187385 | NS      | $4051263.70   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc                                        | MATSON INC                              | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |    112336 | NS      | $12677117.60  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradata Corp                                     | TERADATA CORP                           | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |    323753 | NS      | $7109615.88   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennedy-Wilson Holdings Inc                       | KENNEDY-WILSON H                        | CUSIP: 489398107<br>LEI: 549300MOI1T78144X610 | Long             | EC               | CORP              | US        |    400386 | NS      | $2550458.82   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Talos Energy Inc                                  | TALOS ENERGY INC                        | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |    420705 | NS      | $3382468.20   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes Inc                                     | M/I HOMES INC                           | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     91988 | NS      | $9806840.68   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Inc                                        | TANGER INC                              | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |    374366 | NS      | $11156106.80  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Perdoceo Education Corp                           | PERDOCEO EDUCATI                        | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |    209244 | NS      | $7122665.76   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                        | KADANT INC                              | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |     39723 | NS      | $12469446.93  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries Inc                          | WINNEBAGO INDS                          | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |     96131 | NS      | $3261724.83   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp Inc                                 | EAGLE BANCRP INC                        | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Long             | EC               | CORP              | US        |    101567 | NS      | $1787579.20   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corp                                     | CELANESE CORP                           | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |    369721 | NS      | $19532360.43  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MaxLinear Inc                                     | MAXLINEAR                               | CUSIP: 57776J100<br>LEI: 549300EMOI0SM2IY4F64 | Long             | EC               | CORP              | US        |    261023 | NS      | $2973051.97   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Mister Car Wash Inc                               | MISTER CAR WASH                         | CUSIP: 60646V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    316969 | NS      | $2244140.52   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Corsair Gaming Inc                                | CORSAIR GAMING I                        | CUSIP: 22041X102<br>LEI: 549300Y7YT18L8G0H525 | Long             | EC               | CORP              | US        |    151342 | NS      | $1330296.18   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Shutterstock Inc                                  | SHUTTERSTOCK INC                        | CUSIP: 825690100<br>LEI: 529900G2TDIS56V0LO22 | Long             | EC               | CORP              | US        |     80806 | NS      | $1490870.70   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc                            | BOOT BARN HOLDIN                        | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |    103482 | NS      | $16589199.42  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| City Holding Co                                   | CITY HOLDING CO                         | CUSIP: 177835105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49709 | NS      | $5860194.01   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co                                | CRESCENT ENERG-A                        | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    618415 | NS      | $5188501.85   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Par Pacific Holdings Inc                          | PAR PACIFIC HOLD                        | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |    188605 | NS      | $4071981.95   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynavax Technologies Corp                         | DYNAVAX TECHNOLO                        | CUSIP: 268158201<br>LEI: 549300T5URIXWDILX594 | Long             | EC               | CORP              | US        |    412797 | NS      | $4041282.63   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| National Vision Holdings Inc                      | NATIONAL VISION                         | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |    266396 | NS      | $5277304.76   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                                  | SPS COMMERCE INC                        | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |    128342 | NS      | $18065419.92  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicell Inc                                      | OMNICELL INC                            | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |    156447 | NS      | $4751295.39   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions Inc                               | VIAVI SOLUTIONS                         | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |    751373 | NS      | $6845008.03   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Grid Dynamics Holdings Inc                        | GRID DYNAMICS HO                        | CUSIP: 39813G109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    208821 | NS      | $2616527.13   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

**Name of Applicant:** VANGUARD ADMIRAL FUNDS

**Signature:** Ashley Grim

**Name of Signer:** Ashley Grim

**Title:** Treasurer