# EDGAR Filing Document

**Accession Number:** 0000908695
**File Stem:** 0001004726-25-001614
**Filing Date:** 2025-10
**Character Count:** 129556
**Document Hash:** 53e1994232fb70301a3988bf0101c465
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-25-001614.hdr.sgml**: 20251028

**ACCESSION NUMBER**: 0001004726-25-001614

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251028

**DATE AS OF CHANGE**: 20251028

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VICTORY PORTFOLIOS III
- **CENTRAL INDEX KEY:** 0000908695

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07852
- **FILM NUMBER:** 251422627

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** 210-697-3625

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA MUTUAL FUNDS TRUST
- **DATE OF NAME CHANGE:** 20060420

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX FREE TRUST
- **DATE OF NAME CHANGE:** 19940325

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX EXEMPT TRUST
- **DATE OF NAME CHANGE:** 19930707

## Series and Classes Contracts Data

### Victory Sustainable World Fund (Formerly USAA Sustainable World Fund) (Series ID: S000012923)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000034893 | Victory Sustainable World Fund Shares               | USAWX           |
| C000159208 | Victory Sustainable World Fund Institutional Shares | UIWGX           |
| C000220633 | Victory Sustainable World Fund Class A              | USWGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios III

- **b. Investment Company Act file number:** 811-07852

- **c. CIK number of Registrant:** 0000908695

- **d. LEI of Registrant:** 549300WIDR2J6W1Y9S11

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

  - **Street Address 1:** 15935 La Cantera Pkwy Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-235-8396

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

- **a. Name of Series:** Victory Sustainable World Fund

- **b. EDGAR series identifier (if any):** S000012923

- **c. LEI of Series:** 549300H8YU0U70O8CG61

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1480670667.95

**Total Liabilities:** $5800555.50

**Net Assets:** $1474870112.45

**Cash Not Reported:** $18492453.59

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000220633 | 4.79%                | 0.41%                | 2.65%                |
| Class ID C000159208 | 4.81%                | 0.44%                | 2.67%                |
| Class ID C000034893 | 4.83%                | 0.44%                | 2.68%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $73557637.55             | $-8184535.57                               |
| Month 2  | $2699463.53              | $2837451.85                                |
| Month 3  | $8004529.80              | $30098453.04                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Koninklijke Ahold Delhaize N.V.                                           | KONINKLIJKE AHOLD DELHAIZE NV                 | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |     15842 | NS      | $634776.81    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ARKEMA SA                                                                 | ARKEMA SA                                     | CUSIP: N/A<br>LEI: 9695000EHMS84KKP2785       | Long             | EC               | CORP              | FR        |      5313 | NS      | $376933.77    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                                            | CITIGROUP INC                                 | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     54200 | NS      | $5234094.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAC HOLDINGS INC.                                                     | GENERAC HOLDINGS INC                          | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |     11195 | NS      | $2073873.75   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC CANADA                                         | CONSTELLATION SOFTWARE INC CANADA             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | CA        |      5434 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| FREEPORT-MCMORAN INC.                                                     | FREEPORT MCMORAN INC                          | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    118020 | NS      | $5240088.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| HIKMA PHARMACEUTICALS PUBLIC LIMITED COMPANY                              | HIKMA PHARMACEUTICALS PLC                     | CUSIP: N/A<br>LEI: 549300BNS685UXH4JI75       | Long             | EC               | CORP              | GB        |     19210 | NS      | $464007.28    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORPORATION                                              | GENERAL DYNAMICS CORP                         | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      5300 | NS      | $1720221.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                                                 | SHELL PLC                                     | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |     18930 | NS      | $696890.35    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| argenx SE                                                                 | ARGENX SE                                     | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |       866 | NS      | $616541.23    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Constellation Software Inc.                                               | CONSTELLATION SOFTWARE INC CANADA             | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |      1871 | NS      | $6199887.96   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTER HALL GROUP                                                        | CHARTER HALL GROUP                            | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | AU        |     34216 | NS      | $523567.61    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                                              | MIZUHO FINANCIAL GROUP INC                    | CUSIP: N/A<br>LEI: 353800CI5L6DDAN5XZ33       | Long             | EC               | CORP              | JP        |    331411 | NS      | $10903831.46  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| MCDONALD'S CORPORATION                                                    | MCDONALD S CORP                               | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     40927 | NS      | $12832251.58  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUI & CO., LTD.                                                        | MITSUI CO LTD                                 | CUSIP: N/A<br>LEI: 2NRSB4GOU9DD6CNW5R48       | Long             | EC               | CORP              | JP        |     53400 | NS      | $1229467.03   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BRAMBLES LIMITED                                                          | BRAMBLES LTD                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     36043 | NS      | $610686.25    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Mr Price Group Ltd                                                        | MR PRICE GROUP LTD                            | CUSIP: N/A<br>LEI: 378900D3417C35C5D733       | Long             | EC               | CORP              | ZA        |    450565 | NS      | $5306329.60   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| DISCO CORPORATION                                                         | DISCO CORP                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     15600 | NS      | $4268682.58   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| BAKER HUGHES COMPANY                                                      | BAKER HUGHES CO                               | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46576 | NS      | $2114550.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVO NORDISK A/S                                                          | NOVO NORDISK A S                              | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             |  | CORP              | DK        |     23811 | NS      | $1344369.06   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| THE J. M. SMUCKER COMPANY                                                 | JM SMUCKER CO                                 | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |     11342 | NS      | $1253404.42   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ANZ GROUP HOLDINGS LIMITED                                                | ANZ GROUP HOLDINGS LTD                        | CUSIP: N/A<br>LEI: 9845005D9C6BAA10BK72       | Long             | EC               | CORP              | AU        |     52804 | NS      | $1160057.20   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                                      | JPMORGAN CHASE CO                             | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     65627 | NS      | $19781290.34  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXT PLC                                                                  | NEXT PLC                                      | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |     50706 | NS      | $8192796.49   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| ABBVIE INC.                                                               | ABBVIE INC                                    | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     19417 | NS      | $4085336.80   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                                                         | EVERSOURCE ENERGY                             | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     39934 | NS      | $2558571.38   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| DAIWA HOUSE INDUSTRY CO.,LTD.                                             | DAIWA HOUSE INDUSTRY CO LTD                   | CUSIP: N/A<br>LEI: 353800K9WXR9XRZJZI46       | Long             | EC               | CORP              | JP        |     13300 | NS      | $469973.03    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP, INC.                                                | SIMON PROPERTY GROUP INC                      | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     48606 | NS      | $8781159.96   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| COLGATE-PALMOLIVE COMPANY                                                 | COLGATE PALMOLIVE CO                          | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |    142104 | NS      | $11946683.28  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                                                          | ROCHE HOLDING AG                              | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |     36886 | NS      | $12029974.44  | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Tele2 AB                                                                  | TELE2 AB                                      | CUSIP: N/A<br>LEI: 213800EKD193RVI9HL76       | Long             | EC               | CORP              | SE        |     44575 | NS      | $785259.63    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES, INC.                                              | ADVANCED MICRO DEVICES INC                    | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     32911 | NS      | $5352315.93   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA AIR LINES, INC.                                                     | DELTA AIR LINES INC                           | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |    113957 | NS      | $7040263.46   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio                                                | MSILF GOVERNMENT-INST                         | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1006987 | NS      | $1006987.36   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KLEPIERRE SA                                                              | KLEPIERRE SA                                  | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |     10776 | NS      | $420732.40    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| NEC Corporation                                                           | NEC CORP                                      | CUSIP: N/A<br>LEI: 5493000QYMPFRTEY4K28       | Long             | EC               | CORP              | JP        |     50300 | NS      | $1531827.02   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| E.ON SE                                                                   | E ON SE                                       | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |     33732 | NS      | $601433.37    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| QBE INSURANCE GROUP LIMITED                                               | QBE INSURANCE GROUP LTD                       | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |     33754 | NS      | $476792.63    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co. KGaA                                                      | HENKEL AG CO KGAA                             | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |      7650 | NS      | $645680.76    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NORTHERN STAR RESOURCES LTD                                               | NORTHERN STAR RESOURCES LTD                   | CUSIP: N/A<br>LEI: 254900XFXCRYYZAX6M78       | Long             | EC               | CORP              | AU        |     53125 | NS      | $662836.22    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS, INC.                                                       | CISCO SYSTEMS INC                             | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    218180 | NS      | $15074056.20  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TEVA PHARMACEUTICAL INDUSTRIES LIMITED                                    | TEVA PHARMACEUTICAL INDUSTRIES LTD            | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             |  | CORP              | IL        |    174800 | NS      | $3212824.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                                                              | US BANCORP                                    | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     52672 | NS      | $2571973.76   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| thyssenkrupp AG                                                           | THYSSENKRUPP AG                               | CUSIP: N/A<br>LEI: 549300UDG16DOYUPR330       | Long             | EC               | CORP              | DE        |    108472 | NS      | $1147817.13   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| UNILEVER PLC                                                              | UNILEVER PLC                                  | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |     17110 | NS      | $1079230.50   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| UNUM GROUP                                                                | UNUM GROUP                                    | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |    197657 | NS      | $13808318.02  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| HF SINCLAIR CORPORATION                                                   | HF SINCLAIR CORP                              | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     23061 | NS      | $1173343.68   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORPORATION                                                           | RTX CORP                                      | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     12800 | NS      | $2030080.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                   | EXXON MOBIL CORP                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    165905 | NS      | $18961282.45  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORPORATION                                                        | NVIDIA CORP                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    360007 | NS      | $62706019.26  | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Limited                                                             | CHUBB LIMITED                                 | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     27691 | NS      | $7616963.37   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co., Ltd.                                                        | NINTENDO CO LTD                               | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |     58000 | NS      | $5173484.86   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Technip Energies N.V.                                                     | TECHNIP ENERGIES NV                           | CUSIP: N/A<br>LEI: 724500FLODI49NSCIP70       | Long             | EC               | CORP              | NL        |     15636 | NS      | $722612.56    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| 3I GROUP PLC                                                              | 3I GROUP PLC                                  | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |     19963 | NS      | $1084408.98   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                                                    | AXA SA                                        | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |     19944 | NS      | $928861.89    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                               | BANK OF AMERICA CORP                          | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    289688 | NS      | $14698769.12  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI EAFE ETF                                                | ISHARES CORE MSCI EAFE ETF                    | CUSIP: 46432F842<br>LEI: N/A                  | Long             |  | RF                | US        |      9070 | NS      | $775575.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius Medical Care AG                                                 | FRESENIUS MEDICAL CARE AG                     | CUSIP: N/A<br>LEI: 549300CP8NY40UP89Q40       | Long             | EC               | CORP              | DE        |      7519 | NS      | $387560.37    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle S.A.                                                               | NESTLE SA                                     | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |     99299 | NS      | $9368684.80   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| BAWAG Group AG                                                            | BAWAG GROUP AG                                | CUSIP: N/A<br>LEI: 529900S9YO2JHTIIDG38       | Long             | EC               | CORP              | AT        |     74625 | NS      | $9647830.43   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES, INC.                                                     | GILEAD SCIENCES INC                           | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     74981 | NS      | $8470603.57   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| KOMATSU LTD.                                                              | KOMATSU LIMITED                               | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |     16900 | NS      | $572196.84    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander, S.A.                                                     | BANCO SANTANDER SA                            | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |    183966 | NS      | $1756726.34   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                                     | SUMITOMO MITSUI FINANCIAL GROUP INC           | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |    141725 | NS      | $3860355.33   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                       | SYNCHRONY FINANCIAL                           | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     83021 | NS      | $6337823.14   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                                         | JOHNSON JOHNSON                               | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    101431 | NS      | $17970530.27  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corporation                                                 | REGAL REXNORD CORP                            | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |      7644 | NS      | $1141478.52   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIGN TECHNOLOGY, INC.                                                    | ALIGN TECHNOLOGY INC                          | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |     14800 | NS      | $2101008.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| REXEL SA                                                                  | REXEL SA                                      | CUSIP: N/A<br>LEI: 969500N6AVPA51648T62       | Long             | EC               | CORP              | FR        |    264214 | NS      | $8553473.65   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH MOET HENNESSY LOUIS VUITTON SE                                       | LVMH MOET HENNESSY LOUIS VUITTON SA           | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |      4280 | NS      | $2526831.07   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| ORIX CORPORATION                                                          | ORIX CORP                                     | CUSIP: N/A<br>LEI: 35380016EMHNBOVYE123       | Long             | EC               | CORP              | JP        |     20374 | NS      | $526273.28    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPGEMINI SE                                                              | CAPGEMINI SA                                  | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |      3205 | NS      | $455804.73    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| US FOODS HOLDING CORP.                                                    | US FOODS HOLDING CORP                         | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     30100 | NS      | $2335760.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                                                    | CVS HEALTH CORP                               | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     28500 | NS      | $2084775.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ASM International N.V.                                                    | ASM INTERNATIONAL NV                          | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |      8749 | NS      | $4200632.92   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co., Ltd.                                             | SAMSUNG ELECTRONICS CO LTD                    | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |    199296 | NS      | $9959294.96   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| ABN AMRO Bank N.V.                                                        | ABN AMRO GROUP NV                             | CUSIP: N/A<br>LEI: BFXS5XCH7N0Y05NIXW11       | Long             | EC               | CORP              | NL        |     55358 | NS      | $1596585.12   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Electric Industries, Ltd.                                        | SUMITOMO ELECTRIC INDUSTRIES LTD              | CUSIP: N/A<br>LEI: 5493005SP87FL5TOS202       | Long             | EC               | CORP              | JP        |     29100 | NS      | $815143.94    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| JDE Peet's N.V.                                                           | JDE PEET S NV                                 | CUSIP: N/A<br>LEI: 724500EHG519SE5ZRT89       | Long             | EC               | CORP              | NL        |     12792 | NS      | $468418.69    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCA MEDIOLANUM SPA                                                      | BANCA MEDIOLANUM SPA                          | CUSIP: N/A<br>LEI: 7LVZJ6XRIE7VNZ4UBX81       | Long             | EC               | CORP              | IT        |     26014 | NS      | $526153.35    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                                                        | HARBOUR ENERGY PLC                            | CUSIP: N/A<br>LEI: 213800YPC42DYBKVPF97       | Long             | EC               | CORP              | GB        |    157706 | NS      | $486452.38    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ALCOA CORPORATION                                                         | ALCOA CORP                                    | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |    174428 | NS      | $5614837.32   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS, INC.                                                   | APPLIED MATERIALS INC                         | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      8900 | NS      | $1430764.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ATCO LTD.                                                                 | ATCO LTD                                      | CUSIP: 046789400<br>LEI: 5299005SPZ1QYL51JD25 | Long             | EC               | CORP              | CA        |    111476 | NS      | $4082528.43   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Tsingtao Brewery Company Limited                                          | TSINGTAO BREWERY CO LTD                       | CUSIP: N/A<br>LEI: 300300OJ7D0Q1ESE8L15       | Long             | EC               | CORP              | CN        |    118000 | NS      | $767382.49    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP.                                                         | FIRSTENERGY CORP                              | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     53284 | NS      | $2324248.08   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVO NORDISK A/S                                                          | NOVO NORDISK                                  | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |     18638 | NS      | $1053354.48   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED RENTALS, INC.                                                      | UNITED RENTALS INC                            | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      1366 | NS      | $1306360.44   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FINECOBANK BANCA FINECO S.P.A.                                            | FINECOBANK BANCA FINECO SPA                   | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |    244634 | NS      | $5369687.33   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| LONDONMETRIC PROPERTY PLC                                                 | LONDONMETRIC PROPERTY PLC                     | CUSIP: N/A<br>LEI: 213800OCERWWPQDURL87       | Long             | EC               | CORP              | GB        |    168263 | NS      | $419028.41    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SUBARU CORPORATION                                                        | SUBARU CORP                                   | CUSIP: N/A<br>LEI: 549300N244BVAEE6HH86       | Long             | EC               | CORP              | JP        |     65200 | NS      | $1279116.76   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ALPHABET INC.                                                             | ALPHABET INC CLASS C                          | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    188514 | NS      | $40253394.42  | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Brenntag SE                                                               | BRENNTAG SE                                   | CUSIP: N/A<br>LEI: NNROIXVWJ7CPSR27SV97       | Long             | EC               | CORP              | DE        |     14964 | NS      | $925857.88    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| SEALED AIR CORPORATION                                                    | SEALED AIR CORP                               | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |     52900 | NS      | $1717663.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Exchanges and Clearing Limited                                  | HONG KONG EXCHANGES CLEARING LTD              | CUSIP: N/A<br>LEI: 213800YTVSXYQN17BW16       | Long             | EC               | CORP              | HK        |      9900 | NS      | $580045.22    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Atlas Copco Aktiebolag                                                    | ATLAS COPCO AB                                | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |    410280 | NS      | $5835745.91   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| THE TJX COMPANIES, INC.                                                   | TJX COS INC                                   | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     28754 | NS      | $3928083.94   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ENEL - SPA                                                                | ENEL SPA                                      | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |    643835 | NS      | $5940876.79   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| BANKINTER, S.A.                                                           | BANKINTER SA                                  | CUSIP: N/A<br>LEI: VWMYAEQSTOPNV0SUGU82       | Long             | EC               | CORP              | ES        |     46519 | NS      | $694195.55    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| AerCap Holdings N.V.                                                      | AERCAP HOLDINGS NV                            | CUSIP: N00985106<br>LEI: 549300SZYINBBLJQU475 | Long             | EC               | CORP              | NL        |      7083 | NS      | $874750.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                                                         | SIEMENS ENERGY AG                             | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |      5904 | NS      | $628007.76    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND                            | GLDMN SCHS FIN SQ GV-FST                      | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1006987 | NS      | $1006987.38   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Allianz SE                                                                | ALLIANZ SE                                    | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |      1619 | NS      | $684424.02    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX PUBLIC LIMITED COMPANY                                               | RELX PLC                                      | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |     25214 | NS      | $1177567.53   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| DEXCOM, INC.                                                              | DEXCOM INC                                    | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     50360 | NS      | $3794122.40   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY                                          | MEDTRONIC PLC                                 | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     47199 | NS      | $4380539.19   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Amrize AG                                                                 | AMRIZE LTD                                    | CUSIP: N/A<br>LEI: 529900SLCCO6K43P8146       | Long             | EC               | CORP              | CH        |     11472 | NS      | $598551.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SCREEN Holdings Co.,Ltd.                                                  | SCREEN HOLDINGS CO LTD                        | CUSIP: N/A<br>LEI: 353800ND89FTQ9XQ0R07       | Long             | EC               | CORP              | JP        |      7400 | NS      | $559432.11    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIONAL GRID PLC                                                         | NATIONAL GRID PLC                             | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |     32442 | NS      | $455617.63    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| FUJIFILM Holdings Corporation                                             | FUJIFILM HOLDINGS CORPORATION                 | CUSIP: N/A<br>LEI: 529900UBKMFM0ST6H474       | Long             | EC               | CORP              | JP        |     22700 | NS      | $537835.21    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED                            | FISHER PAYKEL HEALTHCARE CORP LTD             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NZ        |    204695 | NS      | $4414589.85   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                              | BARCLAYS PLC                                  | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | RF                | GB        |    163200 | NS      | $795101.96    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Softcat PLC                                                               | SOFTCAT PLC                                   | CUSIP: N/A<br>LEI: 213800N42YZLR9GLVC42       | Long             | EC               | CORP              | GB        |     17657 | NS      | $384386.07    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ANALOG DEVICES, INC.                                                      | ANALOG DEVICES INC                            | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      8100 | NS      | $2035611.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DANSKE BANK A/S                                                           | DANSKE BANK A S                               | CUSIP: N/A<br>LEI: MAES062Z21O4RZ2U7M96       | Long             | EC               | CORP              | DK        |     26362 | NS      | $1085148.70   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| BJ'S WHOLESALE CLUB HOLDINGS, INC.                                        | BJ S WHOLESALE CLUB HOLDINGS INC              | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     35057 | NS      | $3424367.76   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ROSNEFT PJSC                                                              | ROSNEFT PJSC                                  | CUSIP: 67812M207<br>LEI: N/A                  | Long             |  | CORP              | RU        |    124892 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                           | INTERCONTINENTAL EXCHANGE INC                 | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     24366 | NS      | $4303035.60   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INCORPORATED.                                                  | MASTERCARD INC CLASS A                        | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     44764 | NS      | $26647561.56  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| MATTEL, INC.                                                              | MATTEL INC                                    | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |    119400 | NS      | $2185020.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                                                    | SAP SE                                        | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |      4129 | NS      | $1123797.96   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| QUALCOMM INCORPORATED                                                     | QUALCOMM INC                                  | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      9839 | NS      | $1581422.47   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd.                              | TAIWAN SEMICONDUCTOR MANUFACTU                | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |    585000 | NS      | $21910135.45  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC.                                                   | CACI INTERNATIONAL INC CLASS A                | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      6400 | NS      | $3070208.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SBERBANK OF RUSSIA ADR                                                    | SBERBANK OF RUSSIA ADR                        | CUSIP: 80585Y308<br>LEI: N/A                  | Long             |  | CORP              | RU        |     91313 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TOLL BROTHERS, INC.                                                       | TOLL BROTHERS INC                             | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     17000 | NS      | $2363000.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINOR ASA                                                               | EQUINOR ASA                                   | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               | CORP              | NO        |     12278 | NS      | $303122.78    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| EQUITY LIFESTYLE PROPERTIES, INC.                                         | EQUITY LIFESTYLE PROPERTIES INC               | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |     35800 | NS      | $2158382.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HOLDINGS, INC.                                                     | PAYPAL HOLDINGS INC                           | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     65190 | NS      | $4575686.10   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Kakaku.com Inc                                                            | KAKAKU COM INC                                | CUSIP: N/A<br>LEI: 353800KA15Y0DCPWYY65       | Long             | EC               | CORP              | JP        |    334891 | NS      | $6226285.17   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| FUJI ELECTRIC CO., LTD.                                                   | FUJI ELECTRIC CO LTD                          | CUSIP: N/A<br>LEI: 5299000HVNGZZTYYM906       | Long             | EC               | CORP              | JP        |    116100 | NS      | $7311735.96   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| ARISTOCRAT LEISURE LIMITED                                                | ARISTOCRAT LEISURE LTD                        | CUSIP: N/A<br>LEI: 529900TE2HO3OZKYKC27       | Long             | EC               | CORP              | AU        |    191336 | NS      | $9070421.06   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| ADOBE INC.                                                                | ADOBE INC                                     | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     30452 | NS      | $10862228.40  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ENGIE SA                                                                  | ENGIE                                         | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |     23680 | NS      | $489974.62    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BIRKENSTOCK HOLDING PLC                                                   | BIRKENSTOCK HOLDING PLC                       | CUSIP: M2029K104<br>LEI: 529900CQ8LQKQ7LIT631 | Long             | EC               | CORP              | JE        |      9111 | NS      | $474956.43    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pandora A/S                                                               | PANDORA A S                                   | CUSIP: N/A<br>LEI: 5299007OWYZ6I1E46843       | Long             | EC               | CORP              | DK        |     38831 | NS      | $5368894.57   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                                    | PNC FINANCIAL SERVICES GROUP INC              | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     50143 | NS      | $10401663.92  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORPORATION                                                  | STATE STREET CORP                             | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     19134 | NS      | $2199835.98   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MCKESSON CORPORATION                                                      | MCKESSON CORP                                 | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      2400 | NS      | $1647936.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                                                   | KEYCORP                                       | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    255800 | NS      | $4952288.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTODESK, INC.                                                            | AUTODESK INC                                  | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      6148 | NS      | $1934775.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Limited                                                  | TENCENT HOLDINGS LTD                          | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |    159783 | NS      | $12374783.53  | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Aktiebolaget Volvo                                                        | VOLVO AB                                      | CUSIP: 928856301<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |     19527 | NS      | $600959.05    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SHELL PLC                                                                 | SHELL PLC                                     | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             |  | CORP              | GB        |     30464 | NS      | $2250680.32   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LEIDOS HOLDINGS, INC.                                                     | LEIDOS HOLDINGS INC                           | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     11500 | NS      | $2080580.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corporation                                           | MITSUBISHI ELECTRIC CORP                      | CUSIP: N/A<br>LEI: 549300TRXM9Y6561AX39       | Long             | EC               | CORP              | JP        |     65900 | NS      | $1573393.07   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| SPIE SA                                                                   | SPIE SA                                       | CUSIP: N/A<br>LEI: 969500TJNS5GSFWJ8X85       | Long             | EC               | CORP              | FR        |      9617 | NS      | $532978.96    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY                                              | PROCTER GAMBLE CO                             | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     11800 | NS      | $1853072.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES, INC.                                                   | UBER TECHNOLOGIES INC                         | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     61600 | NS      | $5775000.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| APA CORPORATION                                                           | APA CORP                                      | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |    284803 | NS      | $6613125.66   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Foshan Haitian Flavouring and Food Co Ltd                                 | FOSHAN HAITAN FLAVOURING                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    955628 | NS      | $5557586.14   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                                            | CITIZENS FINANCIAL GROUP INC                  | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     27108 | NS      | $1417206.24   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY AND COMPANY                                                     | ELI LILLY CO                                  | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     19541 | NS      | $14315345.78  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay Financial Holding Co., Ltd.                                        | CATHAY FINANCIAL HOLDING CO LTD               | CUSIP: N/A<br>LEI: 5299009XR1QLFAMQ3X77       | Long             | EC               | CORP              | TW        |   4419000 | NS      | $8849421.77   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Buzzi SpA                                                                 | BUZZI UNICEM SPA                              | CUSIP: N/A<br>LEI: 5299003DX5YLKSVJ6K59       | Long             | EC               | CORP              | IT        |     22681 | NS      | $1151612.24   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| NN Group N.V.                                                             | NN GROUP NV                                   | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |      8117 | NS      | $558660.41    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding N.V.                                                         | ASML HOLDING N V                              | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      5449 | NS      | $4046026.82   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Euronext N.V.                                                             | EURONEXT NV                                   | CUSIP: N/A<br>LEI: 724500QJ4QSZ3H9QU415       | Long             | EC               | CORP              | NL        |     23554 | NS      | $3887944.07   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                                 | CBOE GLOBAL MARKETS INC                       | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     10800 | NS      | $2548260.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MatsukiyoCocokara & Co.                                                   | MATSUKIYOCOCOKARA CO                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     31700 | NS      | $654866.14    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Aktiengesellschaft                                                | SIEMENS AG                                    | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |     31092 | NS      | $8618097.99   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Limited                                             | ALIBABA GROUP HOLDING LTD                     | CUSIP: N/A<br>LEI: 5493001NTNQJDH60PM02       | Long             | EC               | CORP              | KY        |    190676 | NS      | $3157270.58   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| EBAY INC.                                                                 | EBAY INC                                      | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     12503 | NS      | $1132896.83   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SA                                                            | BNP PARIBAS                                   | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |     20664 | NS      | $1856799.32   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| ASICS Corporation                                                         | ASICS CORP                                    | CUSIP: N/A<br>LEI: 3538002LJMRZ83SU0B85       | Long             | EC               | CORP              | JP        |     25700 | NS      | $690927.40    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB Ltd                                                                   | ABB LIMITED                                   | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |     17773 | NS      | $1192989.28   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Hana Financial Group Inc.                                                 | HANA FINANCIAL GROUP INC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     35754 | NS      | $2108281.17   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| CSL LIMITED                                                               | CSL LTD                                       | CUSIP: N/A<br>LEI: 529900ECSECK5ZDQTE14       | Long             | EC               | CORP              | AU        |     28676 | NS      | $3988139.80   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| IBIDEN CO.,LTD.                                                           | IBIDEN CO LTD                                 | CUSIP: N/A<br>LEI: 52990051DBFIQEY37C91       | Long             | EC               | CORP              | JP        |     12600 | NS      | $605169.61    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NEWMONT CORPORATION                                                       | NEWMONT CORP                                  | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     30196 | NS      | $2246582.40   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Logitech international S.A.                                               | LOGITECH INTERNATIONAL SA                     | CUSIP: N/A<br>LEI: 549300SN6PRK6IJJC215       | Long             | EC               | CORP              | CH        |     38140 | NS      | $3938987.28   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| AMPHENOL CORPORATION                                                      | AMPHENOL CORP CLASS A                         | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      8800 | NS      | $957968.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| JACKSON FINANCIAL INC.                                                    | JACKSON FINANCIAL INC                         | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |     51210 | NS      | $5059548.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORPORATION                                                        | EXELON CORP                                   | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    123179 | NS      | $5380458.72   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDS CHINA LTD.                                                          | SANDS CHINA LTD                               | CUSIP: N/A<br>LEI: 549300EVO6UZDGY05787       | Long             | EC               | CORP              | KY        |    368000 | NS      | $969218.95    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Holcim AG                                                                 | HOLCIM LTD                                    | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |     24043 | NS      | $2015628.96   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY                     | JOHNSON CONTROLS INTERNATIONAL PLC            | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     16100 | NS      | $1720929.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria, S.A.                                     | BANCO BILBAO VIZCAYA ARGENTARIA SA            | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |    637264 | NS      | $11596537.84  | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Group AG                                                              | UBS GROUP AG                                  | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |     41323 | NS      | $1674284.53   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Everest Group, Ltd.                                                       | EVEREST GROUP LTD                             | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      9100 | NS      | $3111108.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PULTEGROUP, INC.                                                          | PULTEGROUP INC                                | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71881 | NS      | $9489729.62   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROGRESSIVE CORPORATION                                               | PROGRESSIVE CORP                              | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     25752 | NS      | $6362289.12   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Repsol S.A.                                                               | REPSOL SA                                     | CUSIP: N/A<br>LEI: BSYCX13Y0NOTV14V9N85       | Long             | EC               | CORP              | ES        |     36025 | NS      | $590616.97    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| EATON CORPORATION PUBLIC LIMITED COMPANY                                  | EATON CORP PLC                                | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     35341 | NS      | $12338956.74  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Sulzer AG                                                                 | SULZER AG                                     | CUSIP: N/A<br>LEI: 529900NZ6MAST5IJF669       | Long             | EC               | CORP              | CH        |      2171 | NS      | $406909.20    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosus N.V.                                                               | PROSUS NV                                     | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |     17026 | NS      | $1053125.45   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECHNOLOGIES INC.                                           | GE HEALTHCARE TECHNOLOGIES INC                | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     17000 | NS      | $1253410.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORPORATION JAPAN                                                  | ORACLE CORP JAPAN                             | CUSIP: N/A<br>LEI: 529900MIMKY9RU60Z323       | Long             | EC               | CORP              | JP        |     66500 | NS      | $6883609.05   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION                                             | REGIONS FINANCIAL CORP                        | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     86140 | NS      | $2359374.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| GAZPROM PJSC                                                              | GAZPROM PJSC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |    303950 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Aena, S.M.E., S.A.                                                        | AENA SME SA                                   | CUSIP: E526LK101<br>LEI: 959800R7QMXKF0NFMT29 | Long             | EC               |  | ES        |    230049 | NS      | $6667264.60   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL INCORPORATION                                     | HONEYWELL INTERNATIONAL INC                   | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     11900 | NS      | $2612050.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group, S.A.                                                    | AMADEUS IT GROUP SA                           | CUSIP: N/A<br>LEI: 9598004A3FTY3TEHHN09       | Long             | EC               | CORP              | ES        |     40718 | NS      | $3415047.49   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| FORTINET, INC.                                                            | FORTINET INC                                  | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |    109150 | NS      | $8597745.50   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| KONGSBERG GRUPPEN ASA                                                     | KONGSBERG GRUPPEN ASA                         | CUSIP: N/A<br>LEI: 5967007LIEEXZXJ9HK73       | Long             | EC               | CORP              | NO        |    175098 | NS      | $5231526.13   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Ping An Insurance (Group) Company of China, Ltd.                          | PING AN INSURANCE GROUP CO OF CHINA LTD       | CUSIP: N/A<br>LEI: 529900M9MC28JLN35U89       | Long             | EC               | CORP              | CN        |    133500 | NS      | $972003.29    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| INFORMA PLC                                                               | INFORMA PLC                                   | CUSIP: N/A<br>LEI: 5493006VM2LKUPSEDU20       | Long             | EC               | CORP              | GB        |     46060 | NS      | $542485.52    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                     | WELLS FARGO CO                                | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     33986 | NS      | $2792969.48   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS, INC.                                              | ZIMMER BIOMET HOLDINGS INC                    | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     14203 | NS      | $1506938.30   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                                               | NOVARTIS AG                                   | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |     17507 | NS      | $2216312.61   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| PROLOGIS, INC.                                                            | PROLOGIS INC                                  | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     61640 | NS      | $7013399.20   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corporation                                                    | SONY GROUP CORP                               | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |    223600 | NS      | $6111865.87   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Hensoldt AG                                                               | HENSOLDT AG                                   | CUSIP: N/A<br>LEI: 894500686FYLLZD3M624       | Long             | EC               | CORP              | DE        |     39973 | NS      | $4143244.27   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                                                          | ARCELORMITTAL                                 | CUSIP: N/A<br>LEI: 2EULGUTUI56JI9SAL165       | Long             | EC               | CORP              | LU        |     13774 | NS      | $458837.19    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDEX CORPORATION                                                         | FEDEX CORP                                    | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      8700 | NS      | $2010309.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| KONAMI GROUP CORPORATION                                                  | KONAMI GROUP CORP                             | CUSIP: N/A<br>LEI: 353800FC4A5QCMIZFV94       | Long             | EC               | CORP              | JP        |      7600 | NS      | $1146488.70   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Constellation Software Inc.                                               | CONSTELLATION SOFTWARE INC CANADA             | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |       295 | NS      | $977124.08    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| VEOLIA ENVIRONNEMENT SA                                                   | VEOLIA ENVIRONNEMENT                          | CUSIP: N/A<br>LEI: 969500LENY69X51OOT31       | Long             | EC               | CORP              | FR        |     16841 | NS      | $556137.15    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrari N.V.                                                              | FERRARI NV                                    | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | NL        |      1194 | NS      | $568159.43    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Evonik Industries AG                                                      | EVONIK INDUSTRIES AG                          | CUSIP: N/A<br>LEI: 41GUOJQTALQHLF39XJ34       | Long             | EC               | CORP              | DE        |     31449 | NS      | $606778.35    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BIOMERIEUX SA                                                             | BIOMERIEUX                                    | CUSIP: N/A<br>LEI: 549300AK8Y0LBIQ4T071       | Long             | EC               | CORP              | FR        |      4358 | NS      | $605987.16    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Doximity Inc                                                              | DOXIMITY INC                                  | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100819 | NS      | $6849642.86   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE PRODUCTS PARTNERS L.P.                                         | ENTERPRISE PRODUCTS PARTNERS LP               | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             |  | CORP              | US        |     89400 | NS      | $2873316.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLICIS GROUPE S.A.                                                      | PUBLICIS GROUPE                               | CUSIP: N/A<br>LEI: 2138004KW8BV57III342       | Long             | EC               | CORP              | FR        |      6134 | NS      | $566352.79    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXI SPA                                                                  | NEXI SPA                                      | CUSIP: N/A<br>LEI: 5493000P70CQRQG8SN85       | Long             | EC               | CORP              | IT        |    161667 | NS      | $1025781.06   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                                     | INVESCO GVT & AGNCY-INST                      | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1006987 | NS      | $1006987.38   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TOYO SUISAN KAISHA, LTD.                                                  | TOYO SUISAN KAISHA LTD                        | CUSIP: 892306101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     98649 | NS      | $6786323.74   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| CONSTELLATION ENERGY CORPORATION.                                         | CONSTELLATION ENERGY CORP                     | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     18631 | NS      | $5737975.38   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico, Inc.                                                             | PEPSICO INC                                   | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     65276 | NS      | $9703277.40   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| HOYA CORPORATION                                                          | HOYA CORP                                     | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |     78002 | NS      | $10073163.10  | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujikura Ltd.                                                             | FUJIKURA LTD                                  | CUSIP: N/A<br>LEI: 353800PSDZ8VRCKVPL51       | Long             | EC               | CORP              | JP        |     11400 | NS      | $967261.49    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| OBAYASHI CORPORATION                                                      | OBAYASHI CORPORATION                          | CUSIP: N/A<br>LEI: 529900YT4O5S0LCXWD54       | Long             | EC               | CORP              | JP        |     32000 | NS      | $519129.33    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION                               | INTERNATIONAL BUSINESS MACHINES CORP          | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     16571 | NS      | $4034872.79   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CIGNA GROUP                                                           | CIGNA GROUP THE                               | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     12600 | NS      | $3790962.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG INDUSTRIES, INC.                                                      | PPG INDUSTRIES INC                            | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     17200 | NS      | $1913156.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EIFFAGE SA                                                                | EIFFAGE SA                                    | CUSIP: N/A<br>LEI: 969500OQXKE5WDM9M994       | Long             | EC               | CORP              | FR        |     30835 | NS      | $3880100.40   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Lonza Group AG                                                            | LONZA GROUP AG REGISTERED                     | CUSIP: N/A<br>LEI: 549300EFW4H2TCZ71055       | Long             | EC               | CORP              | CH        |      6262 | NS      | $4444903.05   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| ALPHABET INC.                                                             | ALPHABET INC CLASS A                          | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     14700 | NS      | $3129777.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC HOLDINGS PLC                                                         | HSBC HOLDINGS PLC                             | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |    742693 | NS      | $9506132.24   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Melexis NV                                                                | MELEXIS NV                                    | CUSIP: N/A<br>LEI: 549300QRPSGOJRPUFO80       | Long             | EC               | CORP              | BE        |     72735 | NS      | $5758016.60   | 0.39%             |  |  |  | No            |                  2 | On Loan: —       |
| RIO TINTO LIMITED                                                         | RIO TINTO LIMITED                             | CUSIP: N/A<br>LEI: 529900X2VMAQT2PE0V24       | Long             | EC               | CORP              | AU        |      8373 | NS      | $632327.33    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                                          | AMAZON COM INC                                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    153418 | NS      | $35132722.00  | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GAZTRANSPORT ET TECHNIGAZ SA                                              | GAZTRANSPORT ET TECHNIGAZ SA                  | CUSIP: N/A<br>LEI: 969500BVOHVZUUFWDT54       | Long             | EC               | CORP              | FR        |     32975 | NS      | $6153679.04   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| PFIZER INC.                                                               | PFIZER INC                                    | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     59589 | NS      | $1475423.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                                     | ELEVANCE HEALTH INC                           | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      4177 | NS      | $1331001.05   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| IPSEN SA                                                                  | IPSEN SA                                      | CUSIP: N/A<br>LEI: 549300M6SGDPB4Z94P11       | Long             | EC               | CORP              | FR        |      3297 | NS      | $448209.04    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE HOLDINGS PLC                                                  | ROLLS ROYCE HOLDINGS PLC                      | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |     97065 | NS      | $1399509.44   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORPORATION                                                  | TOYOTA MOTOR CORP                             | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |     50800 | NS      | $983711.49    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                           | ASTRAZENECA PLC                               | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     10208 | NS      | $1627068.31   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| MICROSOFT CORPORATION                                                     | MICROSOFT CORP                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    109389 | NS      | $55426312.41  | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| CORPAY, INC.                                                              | CORPAY INC                                    | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      5600 | NS      | $1823752.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKWELL AUTOMATION, INC.                                                 | ROCKWELL AUTOMATION INC                       | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |     13973 | NS      | $4798747.39   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE, INC.                                                          | SALESFORCE INC                                | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     21018 | NS      | $5385862.50   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SUZUKI MOTOR CORPORATION                                                  | SUZUKI MOTOR CO                               | CUSIP: N/A<br>LEI: 353800D83H0V3ZV1SV24       | Long             | EC               | CORP              | JP        |     36500 | NS      | $483045.02    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH, INC.                                                     | CARDINAL HEALTH INC                           | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     32348 | NS      | $4812735.44   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC.                                                             | BROADCOM INC                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     26087 | NS      | $7758012.93   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| GEORGE WESTON LIMITEE.                                                    | GEORGE WESTON LIMITED                         | CUSIP: 961148509<br>LEI: 549300FAHC3L1QKNT280 | Long             | EC               | CORP              | CA        |    103509 | NS      | $6666425.84   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                        | FAIRFAX FINANCIAL HOLDINGS LTD                | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |      2400 | NS      | $4132222.55   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ORANGE SA                                                                 | ORANGE SA                                     | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |     44328 | NS      | $722445.49    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORPORATION                                                 | EXPAND ENERGY CORP                            | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     23607 | NS      | $2284685.46   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola, S.A.                                                           | IBERDROLA SA                                  | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |     43150 | NS      | $813343.98    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED                           | INDUSTRIAL COMMERCIAL BANK OF CHINA LTD       | CUSIP: N/A<br>LEI: 5493002ERZU2K9PZDL40       | Long             | EC               | CORP              | CN        |  10771370 | NS      | $8013165.98   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| SCHNEIDER ELECTRIC SE                                                     | SCHNEIDER ELECTRIC SA                         | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |      5202 | NS      | $1277946.80   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| CRH PUBLIC LIMITED COMPANY                                                | CRH PLC                                       | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |     19760 | NS      | $2227579.93   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedbank AB                                                               | SWEDBANK AB A SHARES                          | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | EC               | CORP              | SE        |     18483 | NS      | $520296.46    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                    | STANDARD CHARTERED PLC                        | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |    142575 | NS      | $2671127.05   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV SA                                                   | ANHEUSER BUSCH INBEV SA NV                    | CUSIP: N/A<br>LEI: 5493008H3828EMEXB082       | Long             | EC               | CORP              | BE        |     17154 | NS      | $1076076.06   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| VERTEX PHARMACEUTICALS INCORPORATED                                       | VERTEX PHARAMACEUTICALS INC                   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      6525 | NS      | $2551405.50   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| QANTAS AIRWAYS LIMITED                                                    | QANTAS AIRWAYS LIMITED                        | CUSIP: N/A<br>LEI: YLXNW6TI6QSK1H8H0N82       | Long             | EC               | CORP              | AU        |     88863 | NS      | $680732.85    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Essity Aktiebolag (publ)                                                  | ESSITY AKTIEBOLAG B                           | CUSIP: N/A<br>LEI: 549300G8E6YUVJ1DA153       | Long             | EC               | CORP              | SE        |     21453 | NS      | $580167.72    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola HBC AG                                                          | COCA COLA HBC AG                              | CUSIP: N/A<br>LEI: 549300EFP3TNG7JGVE49       | Long             | EC               | CORP              | CH        |     16187 | NS      | $818690.54    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK PLC                                                                   | GSK PLC                                       | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |     71288 | NS      | $1408455.15   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| MINES AGNICO EAGLE LIMITEE                                                | AGINCO EAGLE MINES LTD                        | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |     78171 | NS      | $11271948.52  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Norsk Hydro ASA                                                           | NORSK HYDRO ASA                               | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               | CORP              | NO        |     80262 | NS      | $520440.42    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ZEBRA TECHNOLOGIES CORPORATION                                            | ZEBRA TECHNOLOGIES CORP                       | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |      6900 | NS      | $2187921.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NETAPP, INC.                                                              | NETAPP INC                                    | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      9193 | NS      | $1036878.47   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INCORPORATED                                            | TEXAS INSTRUMENTS INC                         | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     47710 | NS      | $9660320.80   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORPORATION                                                 | VALERO ENERGY CORP                            | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     11400 | NS      | $1732914.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ressources Teck Limitee                                                   | TECK RESOURCES LTD                            | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |     23545 | NS      | $805003.55    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Japan Railway Company                                             | CENTRAL JAPAN RAILWAY CO                      | CUSIP: N/A<br>LEI: 353800YAR3OVUITHTG64       | Long             | EC               | CORP              | JP        |     26700 | NS      | $710242.55    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| RIO TINTO PLC                                                             | RIO TINTO PLC                                 | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |    103989 | NS      | $6499610.01   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                      | EDISON INTERNATIONAL                          | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     81329 | NS      | $4564996.77   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC.                                            | HILTON WORLDWIDE HOLDINGS INC                 | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      7968 | NS      | $2199646.08   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corporation                                                        | ITOCHU CORPORATION                            | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |     20409 | NS      | $1152995.91   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| OLYMPUS CORPORATION                                                       | OLYMPUS OPTICAL CO LTD                        | CUSIP: N/A<br>LEI: 5299000Y52IFDI1I2A21       | Long             | EC               | CORP              | JP        |    264700 | NS      | $3068461.53   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| NETFLIX, INC.                                                             | NETFLIX INC                                   | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     10991 | NS      | $13279875.75  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC.                                                     | BOOKING HOLDINGS INC                          | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1961 | NS      | $10979737.05  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Insurance Group AG                                                 | ZURICH INSURANCE GROUP AG                     | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |      1550 | NS      | $1132883.04   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| VERTIV HOLDINGS CO                                                        | VERTIV HOLDINGS CO                            | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     60755 | NS      | $7749300.25   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| SANOFI SA                                                                 | SANOFI                                        | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |     14158 | NS      | $1404517.92   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| RECORDATI INDUSTRIA CHIMICA E FARMACEUTICA S.P.A.                         | RECORDATI SPA                                 | CUSIP: N/A<br>LEI: 815600FBF92FD3531704       | Long             | EC               | CORP              | IT        |      8953 | NS      | $553500.66    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.                                     | AMERICAN ELECTRIC POWER CO INC                | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     39220 | NS      | $4354204.40   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE EXCHANGE LIMITED                                                | SINGAPORE EXCHANGE LTD                        | CUSIP: N/A<br>LEI: 549300IQ650PPXM76X03       | Long             | EC               | CORP              | SG        |    807727 | NS      | $10429949.60  | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi, Ltd.                                                             | HITACHI LTD                                   | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |     16900 | NS      | $455390.08    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| PSP Swiss Property AG                                                     | PSP SWISS PROPERTY AG                         | CUSIP: N/A<br>LEI: 50670042Y437P8X44F56       | Long             | EC               | CORP              | CH        |      1003 | NS      | $166889.83    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Yokogawa Electric Corporation                                             | YOKOGAWA ELECTRIC CORP                        | CUSIP: N/A<br>LEI: 529900MV0U7C9WWF4L22       | Long             | EC               | CORP              | JP        |     22000 | NS      | $642256.44    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CATERPILLAR INC.                                                          | CATERPILLAR INC                               | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     27582 | NS      | $11557961.28  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| REPLY S.P.A.                                                              | REPLY SPA                                     | CUSIP: N/A<br>LEI: 815600DAEFB0388F3521       | Long             | EC               | CORP              | IT        |      2798 | NS      | $403127.96    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOFTWARE, INC.                                       | TAKE TWO INTERACTIVE SOFTWARE                 | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      6000 | NS      | $1399620.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CURTISS-WRIGHT CORPORATION                                                | CURTISS WRIGHT CORP                           | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |     17282 | NS      | $8263388.30   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF IRELAND GROUP PUBLIC LIMITED COMPANY                              | BANK OF IRELAND GROUP PLC                     | CUSIP: N/A<br>LEI: 635400C8EK6DRI12LJ39       | Long             | EC               | CORP              | IE        |    179183 | NS      | $2650030.05   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| SOCIETE MINIERE BARRICK                                                   | BARRICK MINING CORP                           | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |     75118 | NS      | $2000392.34   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE TECHNOLOGIES ENGINEERING LTD                                    | SINGAPORE TECHNOLOGIES ENGINEERING LTD        | CUSIP: N/A<br>LEI: 254900OEXGGWCR24DG90       | Long             | EC               | CORP              | SG        |     91500 | NS      | $547718.42    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| PRADA S.P.A.                                                              | PRADA S P A                                   | CUSIP: N/A<br>LEI: 8156000FE0A2DC5B7852       | Long             | EC               | CORP              | IT        |    115600 | NS      | $681654.84    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| META PLATFORMS, INC.                                                      | META PLATFORMS INC                            | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     36643 | NS      | $27068184.10  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Group Holdings, Ltd.                                                | ASAHI BREWERIES LTD                           | CUSIP: N/A<br>LEI: 353800KAJ02XNHLCJW79       | Long             | EC               | CORP              | JP        |    104200 | NS      | $1309587.14   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| BRIDGESTONE CORPORATION                                                   | BRIDGESTONE CORP                              | CUSIP: N/A<br>LEI: 549300DHPOF90OYYD780       | Long             | EC               | CORP              | JP        |     26700 | NS      | $1206306.95   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS PLC                                                       | IMPERIAL BRANDS PLC                           | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |    206937 | NS      | $8738253.24   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| EMCOR GROUP, INC.                                                         | EMCOR GROUP INC                               | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      3389 | NS      | $2101180.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings, Inc.                                               | TOKIO MARINE HOLDINGS INC                     | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |     19800 | NS      | $849267.93    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Mondelez International, Inc.                                              | MONDELEZ INTERNATIONAL INC                    | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     32600 | NS      | $2002944.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC.                                                                | APPLE INC                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    212008 | NS      | $49215537.12  | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                                                            | CONOCOPHILLIPS                                | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     43699 | NS      | $4324890.03   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Entertainment Group Limited                                        | GALAXY ENTERTAINMENT GROUP LTD                | CUSIP: N/A<br>LEI: 549300ZSEBV3HR826S10       | Long             | EC               | CORP              | HK        |     93000 | NS      | $493057.41    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MERCK & CO., INC.                                                         | MERCK CO INC                                  | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     15400 | NS      | $1295448.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA, INC.                                                               | TESLA INC                                     | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     24078 | NS      | $8038921.86   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc.                                                   | KB FINANCIAL GROUP INC                        | CUSIP: N/A<br>LEI: 529900TKE4MXG3Q6GW86       | Long             | EC               | CORP              | KR        |     33973 | NS      | $2654138.27   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| CDW CORPORATION                                                           | CDW CORP OF DELAWARE                          | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      7424 | NS      | $1223178.24   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| LENNOX INTERNATIONAL INC.                                                 | LENNOX INTERNATIONAL INC                      | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |     11386 | NS      | $6351793.96   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| LITE-ON TECHNOLOGY CORPORATION                                            | LITE ON TECHNOLOGY CORP                       | CUSIP: N/A<br>LEI: 2549005GU1PQ73SZBT32       | Long             | EC               | CORP              | TW        |   1141000 | NS      | $4827178.77   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| VISTRA CORP.                                                              | VISTRA CORP                                   | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     22378 | NS      | $4231903.58   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PERSIMMON PUBLIC LIMITED COMPANY                                          | PERSIMMON PLC                                 | CUSIP: N/A<br>LEI: 213800XI72Y57UWN6F31       | Long             | EC               | CORP              | GB        |    146416 | NS      | $2103421.77   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                                                    | DBS GROUP HOLDINGS LTD                        | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |     21695 | NS      | $854177.39    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| EASYJET PLC                                                               | EASYJET PLC                                   | CUSIP: N/A<br>LEI: 2138001S47XKWIB7TH90       | Long             | EC               | CORP              | GB        |     58162 | NS      | $385672.28    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| TOSOH CORPORATION                                                         | TOSOH CORP                                    | CUSIP: N/A<br>LEI: 529900YSLFVJF2MDBX02       | Long             | EC               | CORP              | JP        |     28382 | NS      | $447471.33    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC.                                                     | KEURIG DR PEPPER INC                          | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     97615 | NS      | $2839620.35   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PT Telkom Indonesia (Persero) Tbk                                         | TELKOM INDONESIA PERSERO                      | CUSIP: N/A<br>LEI: 529900M5SQZAOKV1PC81       | Long             | EC               | CORP              | ID        |  30557738 | NS      | $5846961.82   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Partners Group Holding AG                                                 | PARTNERS GROUP HOLDING AG                     | CUSIP: N/A<br>LEI: 549300I3IVVWZWDHI788       | Long             | EC               | CORP              | CH        |      4526 | NS      | $6216762.08   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| AMGEN INC.                                                                | AMGEN INC                                     | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     25715 | NS      | $7398462.65   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC.                                                           | S P GLOBAL INC                                | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     23980 | NS      | $13151591.20  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| GOODMAN GROUP                                                             | GOODMAN GROUP                                 | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | AU        |     20855 | NS      | $466594.09    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                                                     | CAMDEN PROPERTY TRUST                         | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     20900 | NS      | $2340382.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Otsuka Holdings Co., Ltd.                                                 | OTSUKA HOLDINGS CO LTD                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     13200 | NS      | $692707.54    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ZOZO, Inc.                                                                | ZOZO INC                                      | CUSIP: N/A<br>LEI: 549300GC7XPQMZA0OW13       | Long             | EC               | CORP              | JP        |    440400 | NS      | $4092710.33   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Galp Energia, SGPS, S.A.                                                  | GALP ENERGIA SGPS SA                          | CUSIP: N/A<br>LEI: 2138003319Y7NM75FG53       | Long             | EC               | CORP              | PT        |     29279 | NS      | $569066.95    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| IDEXX LABORATORIES, INC.                                                  | IDEXX LABORATORIES INC                        | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |     15585 | NS      | $10084897.65  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in Muenchen | MUENCHENER RUECKVERSICHERUNGS GESELLSCHAFT AG | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |      1460 | NS      | $931253.52    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| SHELL PLC                                                                 | SHELL PLC                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     18930 | NS      | $6776.94      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                                      | HSBC US GOVT MMKT-I                           | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1006987 | NS      | $1006987.38   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SEA LIMITED                                                               | SEA LTD ADR                                   | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             |  | CORP              | KY        |      5020 | NS      | $936430.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPAGNIE DE SAINT-GOBAIN SA                                              | COMPAGNIE DE SAINT GOBAIN                     | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |      5446 | NS      | $587893.27    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| OVINTIV INC.                                                              | OVINTIV INC                                   | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     27731 | NS      | $1168029.72   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co., Ltd.                                          | ASE TECHNOLOGY HOLDING CO LTD                 | CUSIP: N/A<br>LEI: 300300GO8QHPMV87NZ73       | Long             | EC               | CORP              | TW        |    657000 | NS      | $3190857.75   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandoz Group AG                                                           | SANDOZ GROUP AG                               | CUSIP: N/A<br>LEI: 5493000JWK6XWFEUD320       | Long             | EC               | CORP              | CH        |      9397 | NS      | $589767.54    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SS&C TECHNOLOGIES HOLDINGS, INC.                                          | SSNC TECHNOLOGIES HLDGS INC                   | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     40700 | NS      | $3608462.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BOC HONG KONG (HOLDINGS) LIMITED                                          | BOC HONG KONG HOLDINGS LTD                    | CUSIP: N/A<br>LEI: 254900JB98W77JDJMW15       | Long             | EC               | CORP              | HK        |    148000 | NS      | $671964.33    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Shionogi & Co., Ltd.                                                      | SHIONOGI CO LTD                               | CUSIP: N/A<br>LEI: 35380049VXDTHZI3DY35       | Long             | EC               | CORP              | JP        |     37700 | NS      | $652190.33    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD COMPANY LIMITED                                                       | BYD CO LTD                                    | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |     67500 | NS      | $952313.63    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| DRAX GROUP PLC                                                            | DRAX GROUP PLC                                | CUSIP: N/A<br>LEI: 549300YPSNTXR4ZHSR98       | Long             | EC               | CORP              | GB        |     59816 | NS      | $525329.12    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV SA                                                   | ANHEUSER BUSCH INBEV NV                       | CUSIP: 03524A108<br>LEI: 5493008H3828EMEXB082 | Long             |  | CORP              | BE        |     41138 | NS      | $2578118.46   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| EDENRED SE                                                                | EDENRED                                       | CUSIP: N/A<br>LEI: 9695006LOD5B2D7Y0N70       | Long             | EC               | CORP              | FR        |     96214 | NS      | $2782963.99   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Victory Portfolios III

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer