# EDGAR Filing Document

**Accession Number:** 0002013853
**File Stem:** 0000910472-25-004101
**Filing Date:** 2025-11
**Character Count:** 141565
**Document Hash:** 85bd8bbd84db2b04b1c121c8974ea66a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-004101.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0000910472-25-004101

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Age Alpha Funds Trust
- **CENTRAL INDEX KEY:** 0002013853

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23945
- **FILM NUMBER:** 251522889

**BUSINESS ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** 212-922-2699

**MAIL ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

## Series and Classes Contracts Data

### NAA Opportunity Fund (Series ID: S000087629)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000253485 | Class C             |  |
| C000253487 | Institutional Class |  |
| C000253488 | Class A             |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** New Age Alpha Funds Trust

- **b. Investment Company Act file number:** 811-23945

- **c. CIK number of Registrant:** 0002013853

- **d. LEI of Registrant:** 529900860B9CQ8SDNS27

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

  - **Street Address 1:** 555 Theodore Fremd Avenue

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580

  - **Telephone number:** 212-922-2699

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

- **a. Name of Series:** NAA OPPORTUNITY FUND

- **b. EDGAR series identifier (if any):** S000087629

- **c. LEI of Series:** 5299000F9S0KMZ0MP555

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $93654283.39

**Total Liabilities:** $58651282.07

**Net Assets:** $35003001.32

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253485 | -2.48%               | 2.09%                | -1.14%               |
| Class ID C000253487 | -2.44%               | 2.20%                | -1.04%               |
| Class ID C000253488 | -2.44%               | 2.18%                | -1.10%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $186577.78               | $-82525.38                                 |
| Month 2  | $231618.33               | $338180.51                                 |
| Month 3  | $1921.00                 | $-61065.96                                 |

**Designated Index Information**

- **Index Name:** NAA Opportunity Fd DRP

- **Index Identifier:** NAA OPPORTUNITY FD DRP

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| VORNADO REALTY TRUST                      | VORNADO REALTY TRUST - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     12612 | NS      | $2300.12      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| GLOBALSTAR INC                            | GLOBALSTAR INC - TRS                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3920 | NS      | $34286.17     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| MFA Financial Inc.                        | MFA Financial, Inc.                       | CUSIP: 55272X607<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EC               | CORP              | US        |     13673 | NS      | $125654.87    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| KNIFE RIVER CORP                          | KNIFE RIVER CORP - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -4619 | NS      | $24572.78     | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| UBIQUITI INC                              | UBIQUITI INC - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       328 | NS      | $101540.99    | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| S&P Global Inc                            | S&P Global, Inc.                          | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       245 | NS      | $119243.95    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| PRIVIA HEALTH GROUP                       | PRIVIA HEALTH GROUP - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -14935 | NS      | $-24093.76    | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| Royal Caribbean Group                     | Royal Caribbean Cruises Ltd.              | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |       206 | NS      | $66657.48     | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| IDT Corp                                  | IDT Corporation Class B                   | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |       298 | NS      | $15588.38     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Interactive Brokers Group Inc             | Interactive Brokers Group, Inc. Class A   | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |       994 | NS      | $68397.14     | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| RED ROCK RESORTS INC                      | RED ROCK RESORTS INC - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      4533 | NS      | $73799.99     | 0.21%             |  |  |  | No            | 2                  | On Loan: No      |
| HUNTSMAN CORP                             | HUNTSMAN CORP - TRS                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -20557 | NS      | $33415.23     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| NEWMONT CORP                              | NEWMONT CORP - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      6213 | NS      | $193952.76    | 0.55%             |  |  |  | No            | 2                  | On Loan: No      |
| Snap-On Incorporated                      | Snap-on, Inc.                             | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |       492 | NS      | $170492.76    | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| 3M CO                                     | 3M CO - TRS                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |        28 | NS      | $124.03       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| KODIAK GAS SERVICES                       | KODIAK GAS SERVICES - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10005 | NS      | $-13542.29    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Orchid Island Capital Inc.                | Orchid Island Capital, Inc.               | CUSIP: 68571X301<br>LEI: 549300KBIHGT19K9DY89 | Long             | EC               | CORP              | US        |     14646 | NS      | $102668.46    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Fortive Corporation                       | Fortive Corporation                       | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |      3841 | NS      | $188170.59    | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| LANDSTAR SYSTEM INC                       | LANDSTAR SYSTEM INC - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -2906 | NS      | $-3974.57     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| HELMERICH & PAYNE                         | HELMERICH & PAYNE - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10427 | NS      | $-13422.52    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| TOOTSIE ROLL INDS                         | TOOTSIE ROLL INDS - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8583 | NS      | $-11912.19    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| CURBLINE PROPERTIES                       | CURBLINE PROPERTIES - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -12145 | NS      | $14360.19     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Telephone and Data Systems Inc.           | Telephone and Data Systems, Inc.          | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1220 | NS      | $47872.80     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| DHT HOLDINGS INC                          | DHT HOLDINGS INC - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     23168 | NS      | $22944.59     | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| NEWMARK GROUP INC-CL                      | NEWMARK GROUP INC-CL - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -18133 | NS      | $-89817.89    | -0.26%            |  |  |  | No            | 2                  | On Loan: No      |
| Altria Group, Inc.                        | Altria Group, Inc.                        | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      3931 | NS      | $259681.86    | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| EXPAND ENERGY CORP                        | EXPAND ENERGY CORP - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -3482 | NS      | $-12890.47    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| SABLE OFFSHORE CORP                       | SABLE OFFSHORE CORP - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8596 | NS      | $66233.67     | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| PROCEPT BIOROBOTICS                       | PROCEPT BIOROBOTICS - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -4479 | NS      | $5023.28      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| IDT CORP-CLASS B                          | IDT CORP-CLASS B - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      6515 | NS      | $-12131.93    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| The Cooper Companies, Inc.                | Cooper Companies, Inc. (The)              | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |      1196 | NS      | $81997.76     | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| ALPHA METALLURGICAL                       | ALPHA METALLURGICAL - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       664 | NS      | $-1952.72     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| DAVITA INC                                | DAVITA INC - TRS                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1493 | NS      | $-15847.11    | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| WELLTOWER INC                             | WELLTOWER INC - TRS                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1560 | NS      | $-59964.21    | -0.17%            |  |  |  | No            | 2                  | On Loan: No      |
| CAMDEN PROPERTY TRUS                      | CAMDEN PROPERTY TRUS - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1574 | NS      | $11538.43     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| ADT Inc                                   | ADT, Inc.                                 | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16295 | NS      | $141929.45    | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| MasterCard Incorporated                   | Mastercard, Inc. Class A                  | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       580 | NS      | $329909.80    | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Gartner Inc.                              | Gartner, Inc.                             | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |       133 | NS      | $34961.71     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| ALCOA CORP                                | ALCOA CORP - TRS                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     16684 | NS      | $32482.07     | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| REGIONS FINANCIAL CO                      | REGIONS FINANCIAL CO - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      8434 | NS      | $19709.74     | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| APPLIED INDUSTRIAL T                      | APPLIED INDUSTRIAL T - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       611 | NS      | $9645.64      | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| CELANESE CORP                             | CELANESE CORP - TRS                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -4129 | NS      | $49933.52     | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| HCA Healthcare Inc                        | HCA Healthcare, Inc.                      | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |       295 | NS      | $125729.00    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| KNIGHT-SWIFT TRANSPO                      | KNIGHT-SWIFT TRANSPO - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -3560 | NS      | $28464.15     | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| F5 INC                                    | F5 INC - TRS                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       242 | NS      | $15615.51     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| BLUE BIRD CORP                            | BLUE BIRD CORP - TRS                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3078 | NS      | $33847.77     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                       | BBH Overnight Sweep                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   3109918 | PA      | $3109917.99   | 8.88%             |  |  |  | No            | 1                  | On Loan: No      |
| BBB FOODS INC-CLASS                       | BBB FOODS INC-CLASS - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -13556 | NS      | $-4985.72     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| PILGRIM'S PRIDE CORP                      | PILGRIM'S PRIDE CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3058 | NS      | $-28200.47    | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| UDR INC                                   | UDR INC - TRS                             | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -4076 | NS      | $5582.71      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| TARGA RESOURCES CORP                      | TARGA RESOURCES CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1149 | NS      | $-95.37       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Graco Inc                                 | Graco, Inc.                               | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |      3387 | NS      | $287759.52    | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| SOUTHERN COPPER CORP                      | SOUTHERN COPPER CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |        82 | NS      | $1296.97      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| MATERION CORP                             | MATERION CORP - TRS                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2828 | NS      | $108217.31    | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| Curtiss-Wright Corp.                      | Curtiss-Wright Corporation                | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |        32 | NS      | $17374.08     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Southern Co.                              | Southern Company                          | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      2486 | NS      | $235598.22    | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| IHS HOLDING LTD                           | IHS HOLDING LTD - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     31477 | NS      | $31682.79     | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| COCA-COLA CONSOLIDAT                      | COCA-COLA CONSOLIDAT - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1065 | NS      | $3182.55      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| UNITED RENTALS INC                        | UNITED RENTALS INC - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       257 | NS      | $39889.72     | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| INVESCO MORTGAGE CAP                      | INVESCO MORTGAGE CAP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     20609 | NS      | $-18614.16    | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| DUKE ENERGY CORP                          | DUKE ENERGY CORP - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2362 | NS      | $9729.70      | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| DT MIDSTREAM INC                          | DT MIDSTREAM INC - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1855 | NS      | $3742.70      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| ACV AUCTIONS INC-A                        | ACV AUCTIONS INC-A - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -34618 | NS      | $3579.77      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Agnc Investment Corp                      | AGNC Investment Corporation               | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               | CORP              | US        |     19396 | NS      | $189886.84    | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| GLOBAL NET LEASE INC                      | GLOBAL NET LEASE INC - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -15193 | NS      | $-6355.78     | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| SUN COMMUNITIES INC                       | SUN COMMUNITIES INC - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1758 | NS      | $-2909.67     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| MADISON SQUARE GARDE                      | MADISON SQUARE GARDE - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -7617 | NS      | $-2585.25     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| NiSource Inc.                             | NiSource, Inc.                            | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |      4449 | NS      | $192641.70    | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Churchill Downs Inc                       | Churchill Downs, Inc.                     | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |      1001 | NS      | $97107.01     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Evergy Inc                                | Evergy, Inc.                              | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |      1843 | NS      | $140104.86    | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| EXCELERATE ENERGY IN                      | EXCELERATE ENERGY IN - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      5141 | NS      | $-26378.78    | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| Vici Properties Inc                       | Vici Properties, Inc                      | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |      5151 | NS      | $167974.11    | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| ESTEE LAUDER COMPANI                      | ESTEE LAUDER COMPANI - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1218 | NS      | $45125.84     | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| HERTZ GLOBAL HLDGS I                      | HERTZ GLOBAL HLDGS I - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -16450 | NS      | $-22883.62    | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| APPLOVIN CORP-CLASS                       | APPLOVIN CORP-CLASS - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       203 | NS      | $63363.59     | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| BANCORP INC/THE                           | BANCORP INC/THE - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2160 | NS      | $58002.84     | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| AMERICAN STATES WATE                      | AMERICAN STATES WATE - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2555 | NS      | $-8540.64     | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| NEXTRACKER INC-CL A                       | NEXTRACKER INC-CL A - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2194 | NS      | $76106.96     | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| VERIS RESIDENTIAL IN                      | VERIS RESIDENTIAL IN - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -22394 | NS      | $17786.41     | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| ONEOK INC                                 | ONEOK INC - TRS                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2975 | NS      | $-24899.87    | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| BANDWIDTH INC-CLASS                       | BANDWIDTH INC-CLASS - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     21155 | NS      | $-8141.35     | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Lennox International Inc.                 | Lennox International, Inc.                | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |       370 | NS      | $195863.20    | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| GENERAC HOLDINGS INC                      | GENERAC HOLDINGS INC - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       568 | NS      | $15395.12     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Alphabet Inc.                             | Alphabet, Inc. Class A                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       852 | NS      | $207121.20    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Trane Technologies PLC                    | Trane Technologies plc                    | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       421 | NS      | $177645.16    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| GRAPHIC PACKAGING HO                      | GRAPHIC PACKAGING HO - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10479 | NS      | $37188.11     | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| ESSENTIAL UTILITIES                       | ESSENTIAL UTILITIES - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2327 | NS      | $1850.99      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| American States Water Co.                 | American States Water Company             | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |      1704 | NS      | $124937.28    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| GUARDIAN PHRMCY SERV                      | GUARDIAN PHRMCY SERV - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -13667 | NS      | $-10947.56    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| CNX RESOURCES CORP                        | CNX RESOURCES CORP - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -11566 | NS      | $-1865.76     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Kinder Morgan, Inc.                       | Kinder Morgan, Inc.                       | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |      5843 | NS      | $165415.33    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| PDD HOLDINGS INC                          | PDD HOLDINGS INC - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1838 | NS      | $43950.35     | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| TERNIUM SA-SPONSORED                      | TERNIUM SA-SPONSORED - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3217 | NS      | $4865.10      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Netflix, Inc.                             | Netflix, Inc.                             | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |        82 | NS      | $98311.44     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| SCOTTS MIRACLE-GRO C                      | SCOTTS MIRACLE-GRO C - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1407 | NS      | $10045.99     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| APPFOLIO INC - A                          | APPFOLIO INC - A - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       495 | NS      | $27036.26     | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| TAKE-TWO INTERACTIVE                      | TAKE-TWO INTERACTIVE - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |      -765 | NS      | $-45569.20    | -0.13%            |  |  |  | No            | 2                  | On Loan: No      |
| FTI CONSULTING INC                        | FTI CONSULTING INC - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -2220 | NS      | $-2645.21     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| HEALTHCARE REALTY TR                      | HEALTHCARE REALTY TR - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -19646 | NS      | $-66518.97    | -0.19%            |  |  |  | No            | 2                  | On Loan: No      |
| FORTINET INC                              | FORTINET INC - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2336 | NS      | $-47367.61    | -0.14%            |  |  |  | No            | 2                  | On Loan: No      |
| CLEAR SECURE INC -CL                      | CLEAR SECURE INC -CL - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      4019 | NS      | $36625.06     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| CARLISLE COS INC                          | CARLISLE COS INC - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       221 | NS      | $-28258.00    | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| Dropbox Inc                               | Dropbox, Inc. Class A                     | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |      1908 | NS      | $57640.68     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| CROWN CASTLE INC                          | CROWN CASTLE INC - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -2937 | NS      | $15883.49     | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| ANNALY CAPITAL MANAG                      | ANNALY CAPITAL MANAG - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      7073 | NS      | $9948.37      | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| RANGE RESOURCES CORP                      | RANGE RESOURCES CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -9812 | NS      | $-34127.99    | -0.10%            |  |  |  | No            | 2                  | On Loan: No      |
| JACOBS SOLUTIONS INC                      | JACOBS SOLUTIONS INC - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1462 | NS      | $-23038.59    | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| MOLINA HEALTHCARE IN                      | MOLINA HEALTHCARE IN - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       756 | NS      | $-35722.60    | -0.10%            |  |  |  | No            | 2                  | On Loan: No      |
| RELIANCE INC                              | RELIANCE INC - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |        62 | NS      | $-915.03      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| CHURCHILL DOWNS INC                       | CHURCHILL DOWNS INC - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1501 | NS      | $-31302.90    | -0.09%            |  |  |  | No            | 2                  | On Loan: No      |
| ASHLAND INC                               | ASHLAND INC - TRS                         | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -7103 | NS      | $47991.00     | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| SL GREEN REALTY CORP                      | SL GREEN REALTY CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -5687 | NS      | $54233.09     | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| BALL CORP                                 | BALL CORP - TRS                           | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -7228 | NS      | $22372.34     | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| HASBRO INC                                | HASBRO INC - TRS                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2171 | NS      | $19715.87     | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Wix.com Limited                           | Wix.com Limited NON PFIC PER PROSPECTUS   | CUSIP: M98068105<br>LEI: 5493008P6N29Q1AG9464 | Long             | EC               | CORP              | US        |       345 | NS      | $61282.35     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| EDISON INTERNATIONAL                      | EDISON INTERNATIONAL - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      5877 | NS      | $-11058.07    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| PORTLAND GENERAL ELE                      | PORTLAND GENERAL ELE - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2758 | NS      | $3525.40      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Philip Morris International Inc.          | Philip Morris International, Inc.         | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      1486 | NS      | $241029.20    | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Pepsico Inc                               | PepsiCo, Inc.                             | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      3267 | NS      | $458817.48    | 1.31%             |  |  |  | No            | 1                  | On Loan: No      |
| MICRON TECHNOLOGY IN                      | MICRON TECHNOLOGY IN - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1117 | NS      | $47684.05     | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| WAYSTAR HOLDING CORP                      | WAYSTAR HOLDING CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2594 | NS      | $-4515.83     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Ryerson Holding Corporation               | RYERSON HOLDING CORPORATION               | CUSIP: 783754104<br>LEI: 549300JMA41B3ZHOVE45 | Long             | EC               | CORP              | US        |      2575 | NS      | $58864.50     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| AMERICAN ELECTRIC PO                      | AMERICAN ELECTRIC PO - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       970 | NS      | $9991.96      | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| DROPBOX INC-CLASS A                       | DROPBOX INC-CLASS A - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2862 | NS      | $7526.71      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Bandwidth Inc                             | Bandwidth, Inc.                           | CUSIP: 05988J103<br>LEI: 549300QC70JB7MUGXM66 | Long             | EC               | CORP              | US        |      8622 | NS      | $143728.74    | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| CIRRUS LOGIC INC                          | CIRRUS LOGIC INC - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       752 | NS      | $13608.54     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| The Toro Company                          | Toro Company (The)                        | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |       873 | NS      | $66522.60     | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| LEMAITRE VASCULAR IN                      | LEMAITRE VASCULAR IN - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1951 | NS      | $-4975.39     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| TRIMAS CORP                               | TRIMAS CORP - TRS                         | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8860 | NS      | $-163091.33   | -0.47%            |  |  |  | No            | 2                  | On Loan: No      |
| Gen Digital Inc                           | Gen Digital, Inc.                         | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |      4470 | NS      | $126903.30    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| ADDUS HOMECARE CORP                       | ADDUS HOMECARE CORP - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -3058 | NS      | $-5933.15     | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Monster Beverage Corp                     | Monster Beverage Corporation              | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |      3471 | NS      | $233633.01    | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| HERSHEY CO/THE                            | HERSHEY CO/THE - TRS                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       178 | NS      | $4338.27      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Spok Hldgs Inc                            | Spok Holdings, Inc.                       | CUSIP: 84863T106<br>LEI: 549300HXXANIVN2ICC89 | Long             | EC               | CORP              | US        |      6570 | NS      | $113332.50    | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| OLIN CORP                                 | OLIN CORP - TRS                           | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10927 | NS      | $-35619.78    | -0.10%            |  |  |  | No            | 2                  | On Loan: No      |
| Duke Energy Corp                          | Duke Energy Corporation                   | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      1911 | NS      | $236486.25    | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| AT&T INC                                  | AT&T INC - TRS                            | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      8553 | NS      | $34295.79     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| FEDERAL AGRIC MTG CO                      | FEDERAL AGRIC MTG CO - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1054 | NS      | $-2173.39     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| MASCO CORP                                | MASCO CORP - TRS                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3599 | NS      | $-27574.16    | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| Cheniere Energy Inc                       | Cheniere Energy, Inc.                     | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      1070 | NS      | $251428.60    | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Essential Utilities Inc                   | Essential Utilities Inc                   | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |      6341 | NS      | $253005.90    | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| FIRST BUSINESS FINAN                      | FIRST BUSINESS FINAN - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      4536 | NS      | $4478.59      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| INGEVITY CORP                             | INGEVITY CORP - TRS                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -6248 | NS      | $-68931.69    | -0.20%            |  |  |  | No            | 2                  | On Loan: No      |
| FIRST ADVANTAGE CORP                      | FIRST ADVANTAGE CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -13531 | NS      | $35735.10     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| SUNCOKE ENERGY INC                        | SUNCOKE ENERGY INC - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     30716 | NS      | $3047.79      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| ARMSTRONG WORLD INDU                      | ARMSTRONG WORLD INDU - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       411 | NS      | $15949.76     | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| GODADDY INC - CLASS                       | GODADDY INC - CLASS - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       590 | NS      | $-31602.01    | -0.09%            |  |  |  | No            | 2                  | On Loan: No      |
| NISOURCE INC                              | NISOURCE INC - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      6362 | NS      | $15076.94     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Moodys Corp.                              | Moody's Corporation                       | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |       232 | NS      | $110543.36    | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| DOW INC                                   | DOW INC - TRS                             | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10879 | NS      | $33159.16     | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Expedia Group Inc                         | Expedia Group, Inc.                       | CUSIP: 30212P303<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | EC               | CORP              | US        |       451 | NS      | $96401.25     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| CENTURY ALUMINUM COM                      | CENTURY ALUMINUM COM - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      8486 | NS      | $101704.07    | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| Otter Tail Corporation                    | Otter Tail Corporation                    | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2065 | NS      | $169268.05    | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| CARPENTER TECHNOLOGY                      | CARPENTER TECHNOLOGY - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       653 | NS      | $-25047.13    | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| American Electric Power Co, Inc.          | American Electric Power Company, Inc.     | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |      1236 | NS      | $139050.00    | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| RALPH LAUREN CORP                         | RALPH LAUREN CORP - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       473 | NS      | $18835.96     | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| General Mills, Inc.                       | General Mills, Inc.                       | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |      3267 | NS      | $164722.14    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| ANTERO MIDSTREAM COR                      | ANTERO MIDSTREAM COR - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      9614 | NS      | $28739.03     | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| UGI CORP                                  | UGI CORP - TRS                            | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      6060 | NS      | $-15112.59    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| ALBEMARLE CORP                            | ALBEMARLE CORP - TRS                      | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -4300 | NS      | $53479.64     | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| ELF BEAUTY INC                            | ELF BEAUTY INC - TRS                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       708 | NS      | $336.01       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| LYONDELLBASELL INDU-                      | LYONDELLBASELL INDU- - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -4931 | NS      | $30633.61     | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Ameriprise Financial, Inc.                | Ameriprise Financial, Inc.                | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |       210 | NS      | $103162.50    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Fortune Brands Innovations Inc            | Fortune Brands Innovations, Inc.          | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |      1004 | NS      | $53603.56     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| COMMERCE BANCSHARES                       | COMMERCE BANCSHARES - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2045 | NS      | $-13044.72    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| MARTIN MARIETTA MATE                      | MARTIN MARIETTA MATE - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |      -261 | NS      | $-44812.49    | -0.13%            |  |  |  | No            | 2                  | On Loan: No      |
| IRON MOUNTAIN INC                         | IRON MOUNTAIN INC - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      5054 | NS      | $4473.89      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| NUCOR CORP                                | NUCOR CORP - TRS                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1460 | NS      | $-6839.08     | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| V2X INC                                   | V2X INC - TRS                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      4940 | NS      | $62385.08     | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| CASTLE BIOSCIENCES I                      | CASTLE BIOSCIENCES I - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      6993 | NS      | $24439.16     | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| NAVIENT CORP                              | NAVIENT CORP - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      8431 | NS      | $3734.62      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| MFA FINANCIAL INC                         | MFA FINANCIAL INC - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     20509 | NS      | $-15533.21    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| CECO ENVIRONMENTAL C                      | CECO ENVIRONMENTAL C - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -2496 | NS      | $-49176.61    | -0.14%            |  |  |  | No            | 2                  | On Loan: No      |
| ABERCROMBIE & FITCH                       | ABERCROMBIE & FITCH - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1089 | NS      | $-18636.87    | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| COMMERCIAL METALS CO                      | COMMERCIAL METALS CO - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      5443 | NS      | $16233.04     | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| CAL-MAINE FOODS INC                       | CAL-MAINE FOODS INC - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3000 | NS      | $-13673.20    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| MACERICH CO/THE                           | MACERICH CO/THE - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -16858 | NS      | $15013.25     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Edison International                      | Edison International                      | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |      1511 | NS      | $83528.08     | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| MSCI Inc.                                 | MSCI, Inc.                                | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |       199 | NS      | $112914.59    | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| GEN DIGITAL INC                           | GEN DIGITAL INC - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1020 | NS      | $188.90       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| QUALCOMM Inc.                             | QUALCOMM, Inc.                            | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |        21 | NS      | $3493.56      | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| MADISON SQUARE GARDE                      | MADISON SQUARE GARDE - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1624 | NS      | $-8282.60     | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Anterix Inc.                              | Anterix, Inc.                             | CUSIP: 03676C100<br>LEI: 549300QIX2QHFGIEQG40 | Long             | EC               | CORP              | US        |      4238 | NS      | $90989.86     | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| NAVIGATOR HOLDINGS L                      | NAVIGATOR HOLDINGS L - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      9753 | NS      | $24008.43     | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| VALARIS LTD                               | VALARIS LTD - TRS                         | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1422 | NS      | $2493.68      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| SONOCO PRODUCTS CO                        | SONOCO PRODUCTS CO - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -7680 | NS      | $-12942.32    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| BALCHEM CORP                              | BALCHEM CORP - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -2281 | NS      | $741.78       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| MAGNOLIA OIL & GAS C                      | MAGNOLIA OIL & GAS C - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -14331 | NS      | $13080.74     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| JOBY AVIATION INC                         | JOBY AVIATION INC - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8264 | NS      | $-48224.75    | -0.14%            |  |  |  | No            | 2                  | On Loan: No      |
| T-MOBILE US INC                           | T-MOBILE US INC - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1006 | NS      | $-23294.67    | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| TRANSDIGM GROUP INC                       | TRANSDIGM GROUP INC - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |        48 | NS      | $-2267.59     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| AerCap Holdings N.V.                      | AerCap Holdings N.V.                      | CUSIP: N00985106<br>LEI: 549300SZYINBBLJQU475 | Long             | EC               | CORP              | IE        |      1459 | NS      | $176539.00    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| OCCIDENTAL PETROLEUM                      | OCCIDENTAL PETROLEUM - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      9123 | NS      | $27328.60     | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| CONSTELLIUM SE                            | CONSTELLIUM SE - TRS                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      9258 | NS      | $2920.11      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| AMERICAN HEALTHCARE                       | AMERICAN HEALTHCARE - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8171 | NS      | $-105604.27   | -0.30%            |  |  |  | No            | 2                  | On Loan: No      |
| Brown-Forman Corp.                        | Brown-Forman Corporation Class B          | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |      4548 | NS      | $123159.84    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| PTC INC                                   | PTC INC - TRS                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |        88 | NS      | $1345.61      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| WERNER ENTERPRISES I                      | WERNER ENTERPRISES I - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -13149 | NS      | $26467.77     | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| PROG Holdings Inc.                        | PROG Holdings, Inc.                       | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |      1189 | NS      | $38476.04     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| OTTER TAIL CORP                           | OTTER TAIL CORP - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3791 | NS      | $12501.42     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| HUMANA INC                                | HUMANA INC - TRS                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       644 | NS      | $14382.50     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| FORESTAR GROUP INC                        | FORESTAR GROUP INC - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -4575 | NS      | $3270.90      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| PARK HOTELS & RESORT                      | PARK HOTELS & RESORT - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8791 | NS      | $-1122.72     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Transdigm Group Inc.                      | TransDigm Group, Inc.                     | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        59 | NS      | $77763.18     | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Illinois Tool Works Inc.                  | Illinois Tool Works, Inc.                 | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |       437 | NS      | $113952.12    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| NATIONAL FUEL GAS CO                      | NATIONAL FUEL GAS CO - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1139 | NS      | $30391.67     | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| EMCOR GROUP INC                           | EMCOR GROUP INC - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       208 | NS      | $36040.74     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| INTERNATIONAL PAPER                       | INTERNATIONAL PAPER - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -4860 | NS      | $-2522.60     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| ALTRIA GROUP INC                          | ALTRIA GROUP INC - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2910 | NS      | $29865.05     | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Grainger W W Inc                          | Grainger (W.W.), Inc.                     | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |        98 | NS      | $93390.08     | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| EXPEDIA GROUP INC                         | EXPEDIA GROUP INC - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       704 | NS      | $17338.07     | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| DIAMONDROCK HOSPITAL                      | DIAMONDROCK HOSPITAL - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -31128 | NS      | $10594.65     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| OGE Energy Corporation                    | OGE Energy Corporation                    | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |      8178 | NS      | $378396.06    | 1.08%             |  |  |  | No            | 1                  | On Loan: No      |
| O-I GLASS INC                             | O-I GLASS INC - TRS                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -14634 | NS      | $3698.66      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| XPO INC                                   | XPO INC - TRS                             | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |      -980 | NS      | $2288.59      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| TIDEWATER INC                             | TIDEWATER INC - TRS                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -6348 | NS      | $31746.02     | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| ARCBEST CORP                              | ARCBEST CORP - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1475 | NS      | $8603.89      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Autodesk Inc                              | Autodesk, Inc.                            | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |       604 | NS      | $191872.68    | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| TYSON FOODS INC-CL A                      | TYSON FOODS INC-CL A - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3060 | NS      | $-11416.55    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Exxon Mobil Corp.                         | Exxon Mobil Corporation                   | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      3140 | NS      | $354035.00    | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| KAISER ALUMINUM CORP                      | KAISER ALUMINUM CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1543 | NS      | $-14406.18    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| SMURFIT WESTROCK PLC                      | SMURFIT WESTROCK PLC - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -7477 | NS      | $101086.94    | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| WORTHINGTON STEEL IN                      | WORTHINGTON STEEL IN - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3983 | NS      | $-9197.89     | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| COMSTOCK RESOURCES I                      | COMSTOCK RESOURCES I - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -18634 | NS      | $-10977.54    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| PROG HOLDINGS INC                         | PROG HOLDINGS INC - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      4572 | NS      | $-23902.69    | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| EMBECTA CORP                              | EMBECTA CORP - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     10071 | NS      | $22095.36     | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| CURTISS-WRIGHT CORP                       | CURTISS-WRIGHT CORP - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       219 | NS      | $48321.50     | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| AES CORP                                  | AES CORP - TRS                            | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     13369 | NS      | $37110.53     | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| OLYMPIC STEEL INC                         | OLYMPIC STEEL INC - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      6829 | NS      | $-24458.58    | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| TORO CO                                   | TORO CO - TRS                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      4422 | NS      | $-25036.97    | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| Booking Holdings Inc                      | Booking Holdings, Inc.                    | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |        48 | NS      | $259164.96    | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| WEC ENERGY GROUP INC                      | WEC ENERGY GROUP INC - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       885 | NS      | $4747.63      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| S&P GLOBAL INC                            | S&P GLOBAL INC - TRS                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       276 | NS      | $-16862.17    | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| SEADRILL LIMITED                          | SEADRILL LIMITED - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -11059 | NS      | $14863.72     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| ADT INC                                   | ADT INC - TRS                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     24442 | NS      | $35950.56     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| T-Mobile US Inc                           | T-Mobile USA, Inc.                        | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      1152 | NS      | $275765.76    | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| INTL FLAVORS & FRAGR                      | INTL FLAVORS & FRAGR - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -3656 | NS      | $80602.23     | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| MILLICOM INTL CELLUL                      | MILLICOM INTL CELLUL - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -6975 | NS      | $-4819.56     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| CADENCE BANK                              | CADENCE BANK - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      4756 | NS      | $13123.75     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| CORE NATURAL RESOURC                      | CORE NATURAL RESOURC - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -4538 | NS      | $-31133.32    | -0.09%            |  |  |  | No            | 2                  | On Loan: No      |
| DORIAN LPG LTD                            | DORIAN LPG LTD - TRS                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      5926 | NS      | $46762.87     | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| ANGLOGOLD ASHANTI PL                      | ANGLOGOLD ASHANTI PL - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      7578 | NS      | $114989.82    | 0.33%             |  |  |  | No            | 2                  | On Loan: No      |
| MERCK & CO. INC.                          | MERCK & CO. INC. - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       419 | NS      | $-3027.44     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| AMERIPRISE FINANCIAL                      | AMERIPRISE FINANCIAL - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       301 | NS      | $-14040.97    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| AT&T Inc                                  | AT&T, Inc.                                | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     10255 | NS      | $289601.20    | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| QUAKER CHEMICAL CORP                      | QUAKER CHEMICAL CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |      -961 | NS      | $6951.75      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Verizon Communications Inc.               | Verizon Communications, Inc.              | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      5082 | NS      | $223353.90    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| USANA Health Sciences Inc.                | USANA Health Sciences, Inc.               | CUSIP: 90328M107<br>LEI: 549300YTURXE814MAH96 | Long             | EC               | CORP              | US        |      2273 | NS      | $62621.15     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| LIBERTY GLOBAL LTD-A                      | LIBERTY GLOBAL LTD-A - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     29725 | NS      | $-24112.91    | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| WEYERHAEUSER CO                           | WEYERHAEUSER CO - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -7160 | NS      | $5710.94      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| McGrath RentCorp.                         | McGrath RentCorp                          | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |      1287 | NS      | $150965.10    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Home Depot Inc.                           | Home Depot, Inc. (The)                    | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       579 | NS      | $234605.01    | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| IRIDIUM COMMUNICATIO                      | IRIDIUM COMMUNICATIO - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     10888 | NS      | $-159975.54   | -0.46%            |  |  |  | No            | 2                  | On Loan: No      |
| MILLROSE PROPERTIES                       | MILLROSE PROPERTIES - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -6872 | NS      | $-6581.52     | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| GRAND CANYON EDUCATI                      | GRAND CANYON EDUCATI - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       569 | NS      | $20275.55     | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| ILLINOIS TOOL WORKS                       | ILLINOIS TOOL WORKS - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       655 | NS      | $-6338.29     | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| OCEANEERING INTL INC                      | OCEANEERING INTL INC - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -13834 | NS      | $6417.52      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| NextEra Energy Inc                        | NextEra Energy, Inc.                      | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |      2306 | NS      | $174079.94    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| TARGET CORP                               | TARGET CORP - TRS                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       974 | NS      | $-15791.47    | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| LENDINGTREE INC                           | LENDINGTREE INC - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1780 | NS      | $37093.57     | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| DAILY JOURNAL CORP                        | DAILY JOURNAL CORP - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       257 | NS      | $3130.95      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| CHEMOURS CO/THE                           | CHEMOURS CO/THE - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -21267 | NS      | $86634.62     | 0.25%             |  |  |  | No            | 2                  | On Loan: No      |
| INTERACTIVE BROKERS                       | INTERACTIVE BROKERS - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3680 | NS      | $71679.66     | 0.20%             |  |  |  | No            | 2                  | On Loan: No      |
| ATLAS ENERGY SOLUTIO                      | ATLAS ENERGY SOLUTIO - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -30232 | NS      | $6241.93      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| National Fuel Gas Company                 | National Fuel Gas Company                 | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      3184 | NS      | $294106.08    | 0.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Chevron Corp.                             | Chevron Corporation                       | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2703 | NS      | $419748.87    | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Annaly Capital Management, Inc.           | Annaly Capital Management, Inc.           | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |     15924 | NS      | $321824.04    | 0.92%             |  |  |  | No            | 1                  | On Loan: No      |
| JBG SMITH PROPERTIES                      | JBG SMITH PROPERTIES - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -13643 | NS      | $-86708.28    | -0.25%            |  |  |  | No            | 2                  | On Loan: No      |
| WESTLAKE CORP                             | WESTLAKE CORP - TRS                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -3521 | NS      | $65627.79     | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| Cirrus Logic, Inc.                        | Cirrus Logic, Inc.                        | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |       501 | NS      | $62770.29     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| EXPONENT INC                              | EXPONENT INC - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -5091 | NS      | $-1883.35     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| QUALCOMM INC                              | QUALCOMM INC - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       883 | NS      | $11066.34     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| ANTERIX INC                               | ANTERIX INC - TRS                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     10463 | NS      | $-110146.15   | -0.31%            |  |  |  | No            | 2                  | On Loan: No      |
| 3M Company                                | 3M Company                                | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      1425 | NS      | $221131.50    | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| OTIS WORLDWIDE CORP                       | OTIS WORLDWIDE CORP - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       789 | NS      | $-9172.17     | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| VIPER ENERGY INC-CL                       | VIPER ENERGY INC-CL - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -9111 | NS      | $11681.32     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| ALLEGION PLC                              | ALLEGION PLC - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       789 | NS      | $33991.17     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Atmos Energy Corp.                        | Atmos Energy Corporation                  | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      3162 | NS      | $539911.50    | 1.54%             |  |  |  | No            | 1                  | On Loan: No      |
| CACTUS INC - A                            | CACTUS INC - A - TRS                      | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8636 | NS      | $12142.28     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| VISTRA CORP                               | VISTRA CORP - TRS                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       944 | NS      | $16147.54     | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| DT Midstream Inc                          | DT Midstream, Inc.                        | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3144 | NS      | $355460.64    | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| GARTNER INC                               | GARTNER INC - TRS                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       344 | NS      | $-46708.41    | -0.13%            |  |  |  | No            | 2                  | On Loan: No      |
| MINERALS TECHNOLOGIE                      | MINERALS TECHNOLOGIE - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -5631 | NS      | $-31156.72    | -0.09%            |  |  |  | No            | 2                  | On Loan: No      |
| MAPLEBEAR INC                             | MAPLEBEAR INC - TRS                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      4338 | NS      | $-44065.04    | -0.13%            |  |  |  | No            | 2                  | On Loan: No      |
| SCORPIO TANKERS INC                       | SCORPIO TANKERS INC - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3827 | NS      | $63203.12     | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| FORTUNE BRANDS INNOV                      | FORTUNE BRANDS INNOV - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2195 | NS      | $-23674.65    | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| Federal Agricultural Mortgage Corporation | Federal Agricultural Mortgage Corporation | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | USGA              | US        |       654 | NS      | $109858.92    | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| PINTEREST INC- CLASS                      | PINTEREST INC- CLASS - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      4501 | NS      | $-18811.84    | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| TPG RE Finance Trust Inc.                 | TPG RE FINANCE TRUST INC                  | CUSIP: 87266M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5957 | NS      | $50991.92     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| COLUMBIA FINANCIAL I                      | COLUMBIA FINANCIAL I - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -12235 | NS      | $5365.40      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Invesco Mortgage Capital Inc.             | Invesco Mortgage Capital, Inc.            | CUSIP: 46131B704<br>LEI: PV3BDP2HFZL2FNXQBL39 | Long             | EC               | CORP              | US        |     13740 | NS      | $103874.40    | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| EVERGY INC                                | EVERGY INC - TRS                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2764 | NS      | $25073.38     | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Regions Financial Corporation             | Regions Financial Corporation             | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |      3920 | NS      | $103370.40    | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| WEC Energy Group Inc.                     | WEC Energy Group, Inc.                    | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |      2453 | NS      | $281089.27    | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| SYMBOTIC INC                              | SYMBOTIC INC - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1489 | NS      | $35524.38     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| PTC Inc                                   | PTC, Inc.                                 | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |       548 | NS      | $111254.96    | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| MOODY'S CORP                              | MOODY'S CORP - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       340 | NS      | $-13557.38    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| P G & E CORP                              | P G & E CORP - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     10652 | NS      | $-48708.49    | -0.14%            |  |  |  | No            | 2                  | On Loan: No      |
| PDD Holdings Inc.                         | PDD Holdings, Inc. ADR                    | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | IE        |        35 | NS      | $4625.95      | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| TEEKAY TANKERS LTD-C                      | TEEKAY TANKERS LTD-C - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2356 | NS      | $12833.71     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| HUB GROUP INC-CL A                        | HUB GROUP INC-CL A - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -9815 | NS      | $-6421.92     | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| VERIZON COMMUNICATIO                      | VERIZON COMMUNICATIO - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      7622 | NS      | $-3333.17     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| PURECYCLE TECHNOLOGI                      | PURECYCLE TECHNOLOGI - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10168 | NS      | $5370.52      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| SOUTHERN CO/THE                           | SOUTHERN CO/THE - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1781 | NS      | $5265.46      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| ORCHID ISLAND CAPITA                      | ORCHID ISLAND CAPITA - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     21969 | NS      | $16697.08     | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Antero Midstream Corporation              | Antero Midstream Corporation              | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15309 | NS      | $297606.96    | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Meta Platforms Inc                        | Meta Platforms, Inc. Class A              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       272 | NS      | $199751.36    | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| H.B. FULLER CO.                           | H.B. FULLER CO. - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1380 | NS      | $-13197.70    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| MANHATTAN ASSOCIATES                      | MANHATTAN ASSOCIATES - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       637 | NS      | $9447.55      | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Godaddy Inc                               | GoDaddy, Inc.                             | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |       393 | NS      | $53774.19     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| TELEPHONE AND DATA S                      | TELEPHONE AND DATA S - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      8570 | NS      | $15152.20     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Iridium Communications, Inc.              | Iridium Communications, Inc.              | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |      2398 | NS      | $41869.08     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| SPOK HOLDINGS INC                         | SPOK HOLDINGS INC - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     16733 | NS      | $-241.65      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| PG&E Corporation                          | PG&E Corporation                          | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |      1397 | NS      | $21066.76     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| CARNIVAL CORP                             | CARNIVAL CORP - TRS                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3577 | NS      | $16036.55     | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| WIX.COM LTD                               | WIX.COM LTD - TRS                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       669 | NS      | $-10386.51    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| HECLA MINING CO                           | HECLA MINING CO - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     14200 | NS      | $60468.19     | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| Bioventus Inc.                            | Bioventus, Inc.                           | CUSIP: 09075A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1537 | NS      | $10282.53     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Targa Resources Corp.                     | Targa Resources Corp.                     | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |       635 | NS      | $106387.90    | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Motorola Solutions Inc                    | Motorola Solutions, Inc.                  | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |       358 | NS      | $163709.82    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Commerce Bancshares Inc                   | Commerce Bancshares, Inc.                 | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1363 | NS      | $81452.88     | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| LIBERTY MEDIA CORP-L                      | LIBERTY MEDIA CORP-L - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -3598 | NS      | $-93614.20    | -0.27%            |  |  |  | No            | 2                  | On Loan: No      |
| Southern Copper Corporation               | Southern Copper Corporation               | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |      4689 | NS      | $569057.04    | 1.63%             |  |  |  | No            | 1                  | On Loan: No      |
| BOOZ ALLEN HAMILTON                       | BOOZ ALLEN HAMILTON - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       811 | NS      | $-15754.23    | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| Otis Worldwide Corp.                      | Otis Worldwide Corporation                | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |       814 | NS      | $74424.02     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| BKV CORPORATION                           | BKV CORPORATION - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -16013 | NS      | $-6039.11     | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Ralph Lauren Corp.                        | Ralph Lauren Corporation                  | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |        57 | NS      | $17872.92     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| SOLARIS ENERGY INFRA                      | SOLARIS ENERGY INFRA - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8992 | NS      | $-100720.20   | -0.29%            |  |  |  | No            | 2                  | On Loan: No      |
| STEEL DYNAMICS INC                        | STEEL DYNAMICS INC - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       791 | NS      | $7876.18      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| USANA HEALTH SCIENCE                      | USANA HEALTH SCIENCE - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      5895 | NS      | $-3810.36     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Reliance Inc                              | Reliance, Inc.                            | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      1485 | NS      | $417032.55    | 1.19%             |  |  |  | No            | 1                  | On Loan: No      |
| NORTHRIM BANCORP INC                      | NORTHRIM BANCORP INC - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      6924 | NS      | $-12615.09    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                       | Wells Fargo Margin Deposit                | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |    951267 | PA      | $951266.64    | 2.72%             |  |  |  | No            | N/A                | On Loan: No      |
| BELLRING BRANDS INC                       | BELLRING BRANDS INC - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1442 | NS      | $-31745.20    | -0.09%            |  |  |  | No            | 2                  | On Loan: No      |
| ESSENT GROUP LTD                          | ESSENT GROUP LTD - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2556 | NS      | $1154.08      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| American Water Works Company, Inc.        | American Water Works Company, Inc.        | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      1417 | NS      | $197232.23    | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| AGNC INVESTMENT CORP                      | AGNC INVESTMENT CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     15416 | NS      | $9728.04      | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| DYNEX CAPITAL INC                         | DYNEX CAPITAL INC - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     14038 | NS      | $8589.46      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| LULULEMON ATHLETICA                       | LULULEMON ATHLETICA - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       738 | NS      | $-16592.62    | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| PHILIP MORRIS INTERN                      | PHILIP MORRIS INTERN - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       604 | NS      | $21826.88     | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| OGE ENERGY CORP                           | OGE ENERGY CORP - TRS                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      4016 | NS      | $3094.23      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| ATLANTIC UNION BANKS                      | ATLANTIC UNION BANKS - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      5720 | NS      | $4947.29      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| XENIA HOTELS & RESOR                      | XENIA HOTELS & RESOR - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -19704 | NS      | $-49245.92    | -0.14%            |  |  |  | No            | 2                  | On Loan: No      |
| TRANE TECHNOLOGIES P                      | TRANE TECHNOLOGIES P - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       134 | NS      | $8884.48      | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Adobe Inc                                 | Adobe, Inc.                               | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       725 | NS      | $255743.75    | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| EQT CORP                                  | EQT CORP - TRS                            | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -2039 | NS      | $-11262.39    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Dynex Capital Inc                         | Dynex Capital, Inc.                       | CUSIP: 26817Q886<br>LEI: 5CIJ4S9HAEBWILA19B65 | Long             | EC               | CORP              | US        |      9359 | NS      | $115022.11    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| ARTISAN PARTNERS ASS                      | ARTISAN PARTNERS ASS - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      3845 | NS      | $33578.91     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| SCHNEIDER NATIONAL I                      | SCHNEIDER NATIONAL I - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -6225 | NS      | $28465.89     | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| CME Group Inc.                            | CME Group, Inc.                           | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |       671 | NS      | $181297.49    | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| SILGAN HOLDINGS INC                       | SILGAN HOLDINGS INC - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8348 | NS      | $13731.31     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| CUSHMAN & WAKEFIELD                       | CUSHMAN & WAKEFIELD - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     32056 | NS      | $8268.20      | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| RXO INC                                   | RXO INC - TRS                             | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -16816 | NS      | $-18995.31    | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| ARCHROCK INC                              | ARCHROCK INC - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8736 | NS      | $-86.08       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| United States Treasury Bills              | U.S. Treasury Bill 0.000%, Due 10/2/2025  | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9998885.40   | 28.57%            | 2025-10-02      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Clear Secure Inc                          | Clear Secure, Inc.                        | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2679 | NS      | $89425.02     | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| KLA CORP                                  | KLA CORP - TRS                            | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       144 | NS      | $20359.34     | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| GATX CORP                                 | GATX CORP - TRS                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1062 | NS      | $14561.38     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| FLUOR CORP                                | FLUOR CORP - TRS                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2880 | NS      | $13035.28     | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| URANIUM ENERGY CORP                       | URANIUM ENERGY CORP - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -25321 | NS      | $-235926.11   | -0.67%            |  |  |  | No            | 2                  | On Loan: No      |
| NERDWALLET INC-CL A                       | NERDWALLET INC-CL A - TRS                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     13700 | NS      | $-4594.09     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Nextracker Inc.                           | Nextracker Inc - Class A                  | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       816 | NS      | $60375.84     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| GULFPORT ENERGY CORP                      | GULFPORT ENERGY CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -2050 | NS      | $-11386.71    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| ACUREN CORPORATION                        | ACUREN CORPORATION - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -24353 | NS      | $23040.23     | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Colgate-Palmolive Co.                     | Colgate-Palmolive Company                 | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      1532 | NS      | $122468.08    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| COEUR MINING INC                          | COEUR MINING INC - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     29174 | NS      | $300204.78    | 0.86%             |  |  |  | No            | 2                  | On Loan: No      |
| BIOVENTUS INC - A                         | BIOVENTUS INC - A - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     16253 | NS      | $-16799.73    | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| Armstrong World Industries, Inc.          | Armstrong World Industries, Inc.          | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |       916 | NS      | $179545.16    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| ARMOUR RESIDENTIAL R                      | ARMOUR RESIDENTIAL R - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     13317 | NS      | $-29036.23    | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| COOPER COS INC/THE                        | COOPER COS INC/THE - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2216 | NS      | $-10278.63    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| LIBERTY ENERGY INC                        | LIBERTY ENERGY INC - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -9732 | NS      | $-9282.84     | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Liberty Global Ltd.                       | Liberty Global Ltd.                       | CUSIP: G61188101<br>LEI: 213800HRMKKTYH7SKA24 | Long             | EC               | CORP              | GB        |      7798 | NS      | $89365.08     | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Fluor Corporation                         | Fluor Corporation                         | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |      1757 | NS      | $73916.99     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| GENIE ENERGY LTD-B                        | GENIE ENERGY LTD-B - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     13403 | NS      | $-2269.12     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Williams Companies Inc. (The)             | Williams Companies, Inc. (The)            | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |      4413 | NS      | $279563.55    | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Carnival Corporation                      | Carnival Corporation                      | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | US        |      1626 | NS      | $47007.66     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| QCR Holdings Inc.                         | QCR HOLDINGS, INC.                        | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |       734 | NS      | $55519.76     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| RYERSON HOLDING CORP                      | RYERSON HOLDING CORP - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      8202 | NS      | $4958.76      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Spotify Technology S.A.                   | Spotify Technology S.A.                   | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | US        |       156 | NS      | $108888.00    | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| PENTAIR PLC                               | PENTAIR PLC - TRS                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1327 | NS      | $19863.35     | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| AERCAP HOLDINGS NV                        | AERCAP HOLDINGS NV - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1789 | NS      | $34107.17     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| TRUBRIDGE INC                             | TRUBRIDGE INC - TRS                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      5744 | NS      | $-35932.30    | -0.10%            |  |  |  | No            | 2                  | On Loan: No      |
| Dolby Laboratories Inc.                   | Dolby Laboratories, Inc. Class A          | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |      2553 | NS      | $184760.61    | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| LENNOX INTERNATIONAL                      | LENNOX INTERNATIONAL - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       199 | NS      | $-16917.39    | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| Genie Energy Ltd                          | Genie Energy Ltd. Class B                 | CUSIP: 372284208<br>LEI: 52990057E36X8869GX58 | Long             | EC               | CORP              | US        |      3699 | NS      | $55300.05     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| KITE REALTY GROUP TR                      | KITE REALTY GROUP TR - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -5422 | NS      | $4965.37      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| NVIDIA CORP                               | NVIDIA CORP - TRS                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1484 | NS      | $63705.13     | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| Lendingtree Inc                           | LendingTree, Inc.                         | CUSIP: 52603B107<br>LEI: 549300ISY5YHUJZTON08 | Long             | EC               | CORP              | US        |      1032 | NS      | $66801.36     | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| ROYAL CARIBBEAN CRUI                      | ROYAL CARIBBEAN CRUI - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       452 | NS      | $36424.36     | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Merck & Co., Inc                          | Merck & Company, Inc.                     | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      1660 | NS      | $139323.80    | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| GXO LOGISTICS INC                         | GXO LOGISTICS INC - TRS                   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -3784 | NS      | $-77778.48    | -0.22%            |  |  |  | No            | 2                  | On Loan: No      |
| Veeva Systems Inc                         | Veeva Systems, Inc. Class A               | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |       585 | NS      | $174277.35    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Olympic Steel Inc.                        | Olympic Steel, Inc.                       | CUSIP: 68162K106<br>LEI: 549300GQ061U6N6KWJ49 | Long             | EC               | CORP              | US        |      2469 | NS      | $75181.05     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Allegion PLC                              | Allegion plc                              | CUSIP: G0176J109<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |       833 | NS      | $147732.55    | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| MCGRATH RENTCORP                          | MCGRATH RENTCORP - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2531 | NS      | $28477.12     | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| FREEPORT-MCMORAN INC                      | FREEPORT-MCMORAN INC - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     11597 | NS      | $9564.09      | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| F5 Inc                                    | F5, Inc.                                  | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |       161 | NS      | $52033.59     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| ATLANTA BRAVES HOLDI                      | ATLANTA BRAVES HOLDI - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8485 | NS      | $-3619.03     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| NORTHWEST BANCSHARES                      | NORTHWEST BANCSHARES - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     15983 | NS      | $-1270.27     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Constellation Brands, Inc.                | Constellation Brands, Inc. Class A        | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      1788 | NS      | $240789.96    | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| MUELLER INDUSTRIES I                      | MUELLER INDUSTRIES I - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2550 | NS      | $44972.44     | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Pentair PLC                               | Pentair plc                               | CUSIP: G7S00T104<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | GB        |        52 | NS      | $5759.52      | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| INTEGER HOLDINGS COR                      | INTEGER HOLDINGS COR - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1700 | NS      | $-342.88      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| TPG RE FINANCE TRUST                      | TPG RE FINANCE TRUST - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |     10635 | NS      | $-2655.90     | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| CONSOLIDATED WATER C                      | CONSOLIDATED WATER C - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      5820 | NS      | $53969.57     | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| TRUIST FINANCIAL COR                      | TRUIST FINANCIAL COR - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      2556 | NS      | $2116.52      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| PEBBLEBROOK HOTEL TR                      | PEBBLEBROOK HOTEL TR - TRS                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10597 | NS      | $-12099.96    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| SNAP-ON INC                               | SNAP-ON INC - TRS                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       359 | NS      | $-920.34      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| UNITEDHEALTH GROUP I                      | UNITEDHEALTH GROUP I - TRS                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |       383 | NS      | $11944.31     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| MESABI TRUST                              | MESABI TRUST - TRS                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      9535 | NS      | $25063.94     | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Hershey Co. (The)                         | Hershey Company (The)                     | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      2284 | NS      | $427222.20    | 1.22%             |  |  |  | No            | 1                  | On Loan: No      |
| QCR HOLDINGS INC                          | QCR HOLDINGS INC - TRS                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |      1102 | NS      | $-1207.79     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| ABM INDUSTRIES INC                        | ABM INDUSTRIES INC - TRS                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -5324 | NS      | $24119.71     | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Emcor Group Inc                           | EMCOR Group, Inc.                         | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |       113 | NS      | $73398.02     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-11-25

**Name of Applicant:** New Age Alpha Funds Trust

**Signature:** Keith D. Kemp

**Name of Signer:** Keith D. Kemp

**Title:** President