# EDGAR Filing Document

**Accession Number:** 0001750980
**File Stem:** 0001420506-25-003182
**Filing Date:** 2025-11
**Character Count:** 44595
**Document Hash:** bc8dffbf7b7bd0d89f3e16affe3ea315
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-25-003182.hdr.sgml**: 20251113

**ACCESSION NUMBER**: 0001420506-25-003182

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251113

**DATE AS OF CHANGE**: 20251113

**EFFECTIVENESS DATE**: 20251113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Farringdon Capital, Ltd.
- **CENTRAL INDEX KEY:** 0001750980

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25098
- **FILM NUMBER:** 251476620

**BUSINESS ADDRESS:**
- **STREET 1:** BRIDGE HOUSE 6TH FLOOR
- **STREET 2:** 4 BOROUGH HIGH STREET
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** SE1 9QQ
- **BUSINESS PHONE:** 203915174

**MAIL ADDRESS:**
- **STREET 1:** BRIDGE HOUSE 6TH FLOOR
- **STREET 2:** 4 BOROUGH HIGH STREET
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** SE1 9QQ

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Farringdon Capital Ltd.<br>**Address:** BRIDGE HOUSE 6TH FLOOR<br>4 BOROUGH HIGH STREET<br>LONDON, X0 SE1 9QQ

**Form 13F File Number:** 028-25098

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** YIYI WANG<br>**Title:** CHIEF INVESTMENT OFFICER<br>**Phone:** 44 786 144 1393

**Signature, Place, and Date of Signing:**

YIYI WANG CHIEF INVESTMENT OFFICER  LONDON, X0  11-13-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 430

**Form 13F Information Table Value Total:** $393252570

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 547941 | 3531 | SH |  | SOLE |  | 3531 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 1690859 | 12624 | SH |  | SOLE |  | 12624 | 0 | 0 |
| ADMA BIOLOGICS INC | COM | 000899104 |  | 167285 | 11411 | SH |  | SOLE |  | 11411 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 917856 | 2602 | SH |  | SOLE |  | 2602 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 2308420 | 14268 | SH |  | SOLE |  | 14268 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 548496 | 4204 | SH |  | SOLE |  | 4204 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 367235 | 3035 | SH |  | SOLE |  | 3035 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 575579 | 43737 | SH |  | SOLE |  | 43737 | 0 | 0 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 |  | 213633 | 896 | SH |  | SOLE |  | 896 | 0 | 0 |
| AGCO CORP | COM | 001084102 |  | 276669 | 2584 | SH |  | SOLE |  | 2584 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 1250162 | 17598 | SH |  | SOLE |  | 17598 | 0 | 0 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 527270 | 10592 | SH |  | SOLE |  | 10592 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 1610816 | 19867 | SH |  | SOLE |  | 19867 | 0 | 0 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 349778 | 4197 | SH |  | SOLE |  | 4197 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 226273 | 1807 | SH |  | SOLE |  | 1807 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 267444 | 1508 | SH |  | SOLE |  | 1508 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 941913 | 11097 | SH |  | SOLE |  | 11097 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 386473 | 9859 | SH |  | SOLE |  | 9859 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 743315 | 3052 | SH |  | SOLE |  | 3052 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 1662804 | 7573 | SH |  | SOLE |  | 7573 | 0 | 0 |
| AMBARELLA INC | SHS | G037AX101 |  | 239638 | 2904 | SH |  | SOLE |  | 2904 | 0 | 0 |
| AMBEV SA | SPONSORED ADR | 02319V103 |  | 731121 | 327857 | SH |  | SOLE |  | 327857 | 0 | 0 |
| AMERICAN EAGLE OUTFITTERS IN | COM | 02553E106 |  | 511692 | 29906 | SH |  | SOLE |  | 29906 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 1377135 | 4146 | SH |  | SOLE |  | 4146 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 1312776 | 6826 | SH |  | SOLE |  | 6826 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 644867 | 4633 | SH |  | SOLE |  | 4633 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 1151490 | 2344 | SH |  | SOLE |  | 2344 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 2031904 | 10808 | SH |  | SOLE |  | 10808 | 0 | 0 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 200731 | 7068 | SH |  | SOLE |  | 7068 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 269042 | 1095 | SH |  | SOLE |  | 1095 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 405574 | 20068 | SH |  | SOLE |  | 20068 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 300396 | 8951 | SH |  | SOLE |  | 8951 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 765221 | 2146 | SH |  | SOLE |  | 2146 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 1108407 | 8317 | SH |  | SOLE |  | 8317 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 2590166 | 12651 | SH |  | SOLE |  | 12651 | 0 | 0 |
| APTARGROUP INC | COM | 038336103 |  | 557095 | 4168 | SH |  | SOLE |  | 4168 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 700710 | 8127 | SH |  | SOLE |  | 8127 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 629361 | 10535 | SH |  | SOLE |  | 10535 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 689925 | 4315 | SH |  | SOLE |  | 4315 | 0 | 0 |
| ARK 21SHARES BITCOIN ETF | SHS BEN INT | 040919102 |  | 4622205 | 121573 | SH |  | SOLE |  | 121573 | 0 | 0 |
| ASE TECHNOLOGY HLDG CO LTD | SPONSORED ADS | 00215W100 |  | 224428 | 20237 | SH |  | SOLE |  | 20237 | 0 | 0 |
| ASGN INC | COM | 00191U102 |  | 287036 | 6062 | SH |  | SOLE |  | 6062 | 0 | 0 |
| ASHLAND INC | COM | 044186104 |  | 967830 | 20201 | SH |  | SOLE |  | 20201 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 272033 | 281 | SH |  | SOLE |  | 281 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 1741467 | 22699 | SH |  | SOLE |  | 22699 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 530517 | 18786 | SH |  | SOLE |  | 18786 | 0 | 0 |
| ATLANTA BRAVES HLDGS INC | COM SER A | 047726104 |  | 201478 | 4431 | SH |  | SOLE |  | 4431 | 0 | 0 |
| ATLANTIC UN BANKSHARES CORP | COM | 04911A107 |  | 277132 | 7853 | SH |  | SOLE |  | 7853 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 245938 | 1540 | SH |  | SOLE |  | 1540 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 941686 | 5515 | SH |  | SOLE |  | 5515 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 362144 | 1140 | SH |  | SOLE |  | 1140 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 586407 | 3616 | SH |  | SOLE |  | 3616 | 0 | 0 |
| AVIS BUDGET GROUP | COM | 053774105 |  | 245840 | 1531 | SH |  | SOLE |  | 1531 | 0 | 0 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 386745 | 4037 | SH |  | SOLE |  | 4037 | 0 | 0 |
| AXOS FINANCIAL INC | COM | 05465C100 |  | 219413 | 2592 | SH |  | SOLE |  | 2592 | 0 | 0 |
| BANC OF CALIFORNIA INC | COM | 05990K106 |  | 208282 | 12585 | SH |  | SOLE |  | 12585 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 1041963 | 20197 | SH |  | SOLE |  | 20197 | 0 | 0 |
| BANK OZK LITTLE ROCK ARK | COM | 06417N103 |  | 300884 | 5902 | SH |  | SOLE |  | 5902 | 0 | 0 |
| BARCLAYS PLC | ADR | 06738E204 |  | 1370318 | 66295 | SH |  | SOLE |  | 66295 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 1961940 | 59870 | SH |  | SOLE |  | 59870 | 0 | 0 |
| BAYTEX ENERGY CORP | COM | 07317Q105 |  | 119792 | 51193 | SH |  | SOLE |  | 51193 | 0 | 0 |
| BELDEN INC | COM | 077454106 |  | 562022 | 4673 | SH |  | SOLE |  | 4673 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1504701 | 2993 | SH |  | SOLE |  | 2993 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 243795 | 4373 | SH |  | SOLE |  | 4373 | 0 | 0 |
| BIO RAD LABS INC | CL A | 090572207 |  | 667048 | 2379 | SH |  | SOLE |  | 2379 | 0 | 0 |
| BITWISE BITCOIN ETF TR | SHS BEN INT | 09174C104 |  | 4621577 | 74278 | SH |  | SOLE |  | 74278 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 246296 | 3408 | SH |  | SOLE |  | 3408 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 1105265 | 5121 | SH |  | SOLE |  | 5121 | 0 | 0 |
| BOISE CASCADE CO DEL | COM | 09739D100 |  | 247501 | 3201 | SH |  | SOLE |  | 3201 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 929335 | 9298 | SH |  | SOLE |  | 9298 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 2203509 | 22570 | SH |  | SOLE |  | 22570 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 526514 | 15279 | SH |  | SOLE |  | 15279 | 0 | 0 |
| BREAD FINANCIAL HOLDINGS INC | COM | 018581108 |  | 605551 | 10858 | SH |  | SOLE |  | 10858 | 0 | 0 |
| BRINKER INTL INC | COM | 109641100 |  | 1438578 | 11356 | SH |  | SOLE |  | 11356 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 670276 | 14862 | SH |  | SOLE |  | 14862 | 0 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 1162187 | 21895 | SH |  | SOLE |  | 21895 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 4905762 | 14870 | SH |  | SOLE |  | 14870 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 1826466 | 19474 | SH |  | SOLE |  | 19474 | 0 | 0 |
| BROWN FORMAN CORP | CL A | 115637100 |  | 345255 | 12830 | SH |  | SOLE |  | 12830 | 0 | 0 |
| BURLINGTON STORES INC | COM | 122017106 |  | 1018255 | 4001 | SH |  | SOLE |  | 4001 | 0 | 0 |
| CABOT CORP | COM | 127055101 |  | 344735 | 4533 | SH |  | SOLE |  | 4533 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 563070 | 1603 | SH |  | SOLE |  | 1603 | 0 | 0 |
| CAESARS ENTERTAINMENT INC NE | COM | 12769G100 |  | 323030 | 11953 | SH |  | SOLE |  | 11953 | 0 | 0 |
| CAL MAINE FOODS INC | COM NEW | 128030202 |  | 740002 | 7864 | SH |  | SOLE |  | 7864 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 3007794 | 14149 | SH |  | SOLE |  | 14149 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 203420 | 1296 | SH |  | SOLE |  | 1296 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 590399 | 13158 | SH |  | SOLE |  | 13158 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 1447813 | 50080 | SH |  | SOLE |  | 50080 | 0 | 0 |
| CARNIVAL PLC | ADS | 14365C103 |  | 2306388 | 87231 | SH |  | SOLE |  | 87231 | 0 | 0 |
| CARTERS INC | COM | 146229109 |  | 433967 | 15378 | SH |  | SOLE |  | 15378 | 0 | 0 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 356103 | 1452 | SH |  | SOLE |  | 1452 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 490742 | 3081 | SH |  | SOLE |  | 3081 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 321526 | 1305 | SH |  | SOLE |  | 1305 | 0 | 0 |
| CEMEX SAB DE CV | SPON ADR NEW | 151290889 |  | 206761 | 22999 | SH |  | SOLE |  | 22999 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 477007 | 12294 | SH |  | SOLE |  | 12294 | 0 | 0 |
| CENTRAL GARDEN  PET CO | COM | 153527106 |  | 246834 | 7560 | SH |  | SOLE |  | 7560 | 0 | 0 |
| CHEMED CORP NEW | COM | 16359R103 |  | 1097411 | 2451 | SH |  | SOLE |  | 2451 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 536682 | 3456 | SH |  | SOLE |  | 3456 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 341347 | 4989 | SH |  | SOLE |  | 4989 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 1929786 | 68311 | SH |  | SOLE |  | 68311 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 481900 | 39500 | SH |  | SOLE |  | 39500 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 1166410 | 4317 | SH |  | SOLE |  | 4317 | 0 | 0 |
| CNH INDL N V | SHS | N20944109 |  | 163802 | 15097 | SH |  | SOLE |  | 15097 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 257521 | 3883 | SH |  | SOLE |  | 3883 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 896278 | 23371 | SH |  | SOLE |  | 23371 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 306309 | 4567 | SH |  | SOLE |  | 4567 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 1861257 | 5515 | SH |  | SOLE |  | 5515 | 0 | 0 |
| COINSHARES BITCOIN ETF | COM | 91916J100 |  | 1206103 | 37306 | SH |  | SOLE |  | 37306 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 680289 | 8510 | SH |  | SOLE |  | 8510 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1004749 | 31978 | SH |  | SOLE |  | 31978 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 2335381 | 23233 | SH |  | SOLE |  | 23233 | 0 | 0 |
| CRACKER BARREL OLD CTRY STOR | COM | 22410J106 |  | 291148 | 6608 | SH |  | SOLE |  | 6608 | 0 | 0 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 |  | 202252 | 1389 | SH |  | SOLE |  | 1389 | 0 | 0 |
| CRESCENT ENERGY COMPANY | CL A COM | 44952J104 |  | 194750 | 21833 | SH |  | SOLE |  | 21833 | 0 | 0 |
| CSW INDUSTRIALS INC | COM | 126402106 |  | 1293858 | 5330 | SH |  | SOLE |  | 5330 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 281936 | 6934 | SH |  | SOLE |  | 6934 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 568591 | 7542 | SH |  | SOLE |  | 7542 | 0 | 0 |
| DAVE  BUSTERS ENTMT INC | COM | 238337109 |  | 206497 | 11371 | SH |  | SOLE |  | 11371 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 888609 | 8766 | SH |  | SOLE |  | 8766 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 1462775 | 3199 | SH |  | SOLE |  | 3199 | 0 | 0 |
| DENISON MINES CORP | COM | 248356107 |  | 62956 | 22893 | SH |  | SOLE |  | 22893 | 0 | 0 |
| DESCARTES SYS GROUP INC | COM | 249906108 |  | 471715 | 5006 | SH |  | SOLE |  | 5006 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 2153664 | 22568 | SH |  | SOLE |  | 22568 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 348007 | 2013 | SH |  | SOLE |  | 2013 | 0 | 0 |
| DIVERSIFIED ENERGY COMPANY P | SHS NEW | G2891G204 |  | 1873557 | 133730 | SH |  | SOLE |  | 133730 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 1189573 | 19447 | SH |  | SOLE |  | 19447 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 251255 | 582 | SH |  | SOLE |  | 582 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 925072 | 5545 | SH |  | SOLE |  | 5545 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 |  | 545920 | 3860 | SH |  | SOLE |  | 3860 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 2631296 | 21263 | SH |  | SOLE |  | 21263 | 0 | 0 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 331698 | 3116 | SH |  | SOLE |  | 3116 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 715958 | 7872 | SH |  | SOLE |  | 7872 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 1076080 | 19466 | SH |  | SOLE |  | 19466 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 714168 | 936 | SH |  | SOLE |  | 936 | 0 | 0 |
| ENDEAVOUR SILVER CORP | COM | 29258Y103 |  | 107816 | 13752 | SH |  | SOLE |  | 13752 | 0 | 0 |
| ENERGY FUELS INC | COM NEW | 292671708 |  | 196618 | 12809 | SH |  | SOLE |  | 12809 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 1127457 | 12194 | SH |  | SOLE |  | 12194 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 1427288 | 12730 | SH |  | SOLE |  | 12730 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 397103 | 507 | SH |  | SOLE |  | 507 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 786858 | 12156 | SH |  | SOLE |  | 12156 | 0 | 0 |
| ERIE INDTY CO | CL A | 29530P102 |  | 350930 | 1103 | SH |  | SOLE |  | 1103 | 0 | 0 |
| ESSENT GROUP LTD | COM | G3198U102 |  | 265236 | 4173 | SH |  | SOLE |  | 4173 | 0 | 0 |
| EVOLENT HEALTH INC | CL A | 30050B101 |  | 112078 | 13248 | SH |  | SOLE |  | 13248 | 0 | 0 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 215174 | 3933 | SH |  | SOLE |  | 3933 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 440753 | 2062 | SH |  | SOLE |  | 2062 | 0 | 0 |
| EXTREME NETWORKS | COM | 30226D106 |  | 207904 | 10068 | SH |  | SOLE |  | 10068 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1113406 | 9875 | SH |  | SOLE |  | 9875 | 0 | 0 |
| FABRINET | SHS | G3323L100 |  | 387956 | 1064 | SH |  | SOLE |  | 1064 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 675543 | 2358 | SH |  | SOLE |  | 2358 | 0 | 0 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 485174 | 4789 | SH |  | SOLE |  | 4789 | 0 | 0 |
| FEDERAL SIGNAL CORP | COM | 313855108 |  | 820198 | 6893 | SH |  | SOLE |  | 6893 | 0 | 0 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 489025 | 9417 | SH |  | SOLE |  | 9417 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 283679 | 1203 | SH |  | SOLE |  | 1203 | 0 | 0 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 2609632 | 26146 | SH |  | SOLE |  | 26146 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 731867 | 16428 | SH |  | SOLE |  | 16428 | 0 | 0 |
| FIRST AMERN FINL CORP | COM | 31847R102 |  | 440108 | 6851 | SH |  | SOLE |  | 6851 | 0 | 0 |
| FIRST FINL BANKSHARES INC | COM | 32020R109 |  | 210750 | 6263 | SH |  | SOLE |  | 6263 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 |  | 138803 | 11294 | SH |  | SOLE |  | 11294 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 307681 | 6715 | SH |  | SOLE |  | 6715 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 1079789 | 8375 | SH |  | SOLE |  | 8375 | 0 | 0 |
| FLAGSTAR FINANCIAL INC | COM NEW | 649445400 |  | 350138 | 30315 | SH |  | SOLE |  | 30315 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 963003 | 18122 | SH |  | SOLE |  | 18122 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 848108 | 70912 | SH |  | SOLE |  | 70912 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 456601 | 7970 | SH |  | SOLE |  | 7970 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 542629 | 3252 | SH |  | SOLE |  | 3252 | 0 | 0 |
| GATX CORP | COM | 361448103 |  | 210984 | 1207 | SH |  | SOLE |  | 1207 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 215444 | 1287 | SH |  | SOLE |  | 1287 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 1693255 | 33583 | SH |  | SOLE |  | 33583 | 0 | 0 |
| GENTEX CORP | COM | 371901109 |  | 202826 | 7167 | SH |  | SOLE |  | 7167 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 251761 | 12287 | SH |  | SOLE |  | 12287 | 0 | 0 |
| GERDAU SA | SPON ADR REP PFD | 373737105 |  | 115869 | 37377 | SH |  | SOLE |  | 37377 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 2111331 | 19021 | SH |  | SOLE |  | 19021 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 929333 | 11186 | SH |  | SOLE |  | 11186 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 339268 | 2373 | SH |  | SOLE |  | 2373 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 921687 | 6736 | SH |  | SOLE |  | 6736 | 0 | 0 |
| GOODYEAR TIRE  RUBR CO | COM | 382550101 |  | 108034 | 14443 | SH |  | SOLE |  | 14443 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 |  | 1598114 | 1677 | SH |  | SOLE |  | 1677 | 0 | 0 |
| GRAYSCALE ETHEREUM MINI TR E | SHS NEW | 38964R203 |  | 4029820 | 102854 | SH |  | SOLE |  | 102854 | 0 | 0 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 430947 | 985 | SH |  | SOLE |  | 985 | 0 | 0 |
| GROUPON INC | COM NEW | 399473206 |  | 208282 | 8920 | SH |  | SOLE |  | 8920 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 617404 | 2686 | SH |  | SOLE |  | 2686 | 0 | 0 |
| HALEON PLC | SPON ADS | 405552100 |  | 5143712 | 573435 | SH |  | SOLE |  | 573435 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 360979 | 4922 | SH |  | SOLE |  | 4922 | 0 | 0 |
| HANESBRANDS INC | COM | 410345102 |  | 133830 | 20308 | SH |  | SOLE |  | 20308 | 0 | 0 |
| HARLEY DAVIDSON INC | COM | 412822108 |  | 261758 | 9382 | SH |  | SOLE |  | 9382 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 782999 | 5870 | SH |  | SOLE |  | 5870 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 522303 | 6886 | SH |  | SOLE |  | 6886 | 0 | 0 |
| HEALTHEQUITY INC | COM | 42226A107 |  | 599325 | 6324 | SH |  | SOLE |  | 6324 | 0 | 0 |
| HEICO CORP NEW | COM | 422806109 |  | 1161506 | 3598 | SH |  | SOLE |  | 3598 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 322136 | 2163 | SH |  | SOLE |  | 2163 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 |  | 558835 | 8420 | SH |  | SOLE |  | 8420 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 770272 | 4118 | SH |  | SOLE |  | 4118 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 2522535 | 9723 | SH |  | SOLE |  | 9723 | 0 | 0 |
| HOME BANCSHARES INC | COM | 436893200 |  | 321658 | 11366 | SH |  | SOLE |  | 11366 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 1330644 | 3284 | SH |  | SOLE |  | 3284 | 0 | 0 |
| HONDA MOTOR LTD | ADR ECH CNV IN 3 | 438128308 |  | 506968 | 16460 | SH |  | SOLE |  | 16460 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 852104 | 4048 | SH |  | SOLE |  | 4048 | 0 | 0 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 |  | 1809422 | 25492 | SH |  | SOLE |  | 25492 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 814147 | 1892 | SH |  | SOLE |  | 1892 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 |  | 843911 | 1804 | SH |  | SOLE |  | 1804 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 941111 | 54494 | SH |  | SOLE |  | 54494 | 0 | 0 |
| HUNTSMAN CORP | COM | 447011107 |  | 402286 | 44798 | SH |  | SOLE |  | 44798 | 0 | 0 |
| IAMGOLD CORP | COM | 450913108 |  | 168866 | 13060 | SH |  | SOLE |  | 13060 | 0 | 0 |
| ICU MED INC | COM | 44930G107 |  | 374275 | 3120 | SH |  | SOLE |  | 3120 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 417834 | 654 | SH |  | SOLE |  | 654 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 1244868 | 4774 | SH |  | SOLE |  | 4774 | 0 | 0 |
| IMMUNITYBIO INC | COM | 45256X103 |  | 40944 | 16644 | SH |  | SOLE |  | 16644 | 0 | 0 |
| INDEPENDENCE RLTY TR INC | COM | 45378A106 |  | 423419 | 25834 | SH |  | SOLE |  | 25834 | 0 | 0 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 810978 | 49845 | SH |  | SOLE |  | 49845 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 519944 | 4258 | SH |  | SOLE |  | 4258 | 0 | 0 |
| INNOSPEC INC | COM | 45768S105 |  | 211881 | 2746 | SH |  | SOLE |  | 2746 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 547203 | 4825 | SH |  | SOLE |  | 4825 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 980526 | 3176 | SH |  | SOLE |  | 3176 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1406114 | 41911 | SH |  | SOLE |  | 41911 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 841221 | 4993 | SH |  | SOLE |  | 4993 | 0 | 0 |
| INTERCONTINENTAL HOTELS GROU | SPONSORED ADS | 45857P806 |  | 2050628 | 16911 | SH |  | SOLE |  | 16911 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 873442 | 1279 | SH |  | SOLE |  | 1279 | 0 | 0 |
| INVESCO GALAXY BITCOIN ETF | COM SHS BEN INT | 46091J101 |  | 4618887 | 40513 | SH |  | SOLE |  | 40513 | 0 | 0 |
| IRIDIUM COMMUNICATIONS INC | COM | 46269C102 |  | 237107 | 13580 | SH |  | SOLE |  | 13580 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 255971 | 2511 | SH |  | SOLE |  | 2511 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 10350210 | 159234 | SH |  | SOLE |  | 159234 | 0 | 0 |
| ISHARES ETHEREUM TR | SHS | 46438R105 |  | 4030854 | 127923 | SH |  | SOLE |  | 127923 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 488016 | 4378 | SH |  | SOLE |  | 4378 | 0 | 0 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 10506273 | 95088 | SH |  | SOLE |  | 95088 | 0 | 0 |
| ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 465562106 |  | 233896 | 31866 | SH |  | SOLE |  | 31866 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 255354 | 7300 | SH |  | SOLE |  | 7300 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 383557 | 5863 | SH |  | SOLE |  | 5863 | 0 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 106503 | 21647 | SH |  | SOLE |  | 21647 | 0 | 0 |
| KEMPER CORP | COM | 488401100 |  | 761497 | 14772 | SH |  | SOLE |  | 14772 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 474665 | 18607 | SH |  | SOLE |  | 18607 | 0 | 0 |
| KILROY RLTY CORP | COM | 49427F108 |  | 206222 | 4881 | SH |  | SOLE |  | 4881 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 571069 | 20172 | SH |  | SOLE |  | 20172 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 2045153 | 15738 | SH |  | SOLE |  | 15738 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 817579 | 758 | SH |  | SOLE |  | 758 | 0 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 390122 | 9874 | SH |  | SOLE |  | 9874 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 290792 | 1013 | SH |  | SOLE |  | 1013 | 0 | 0 |
| LANDSTAR SYS INC | COM | 515098101 |  | 471979 | 3851 | SH |  | SOLE |  | 3851 | 0 | 0 |
| LCI INDS | COM | 50189K103 |  | 820838 | 8812 | SH |  | SOLE |  | 8812 | 0 | 0 |
| LEAR CORP | COM NEW | 521865204 |  | 262995 | 2614 | SH |  | SOLE |  | 2614 | 0 | 0 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 92903 | 10462 | SH |  | SOLE |  | 10462 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 530628 | 4210 | SH |  | SOLE |  | 4210 | 0 | 0 |
| LENNAR CORP | CL B | 526057302 |  | 563593 | 4697 | SH |  | SOLE |  | 4697 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL C | G61188127 |  | 1726804 | 146962 | SH |  | SOLE |  | 146962 | 0 | 0 |
| LIBERTY LATIN AMERICA LTD | COM CL A | G9001E102 |  | 495841 | 59812 | SH |  | SOLE |  | 59812 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S C | 531229755 |  | 460311 | 4407 | SH |  | SOLE |  | 4407 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 1860575 | 3917 | SH |  | SOLE |  | 3917 | 0 | 0 |
| LITHIA MTRS INC | COM | 536797103 |  | 261332 | 827 | SH |  | SOLE |  | 827 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 680922 | 1364 | SH |  | SOLE |  | 1364 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 932611 | 3711 | SH |  | SOLE |  | 3711 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 572892 | 1722 | SH |  | SOLE |  | 1722 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 875952 | 17862 | SH |  | SOLE |  | 17862 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 261847 | 1325 | SH |  | SOLE |  | 1325 | 0 | 0 |
| M/I HOMES INC | COM | 55305B101 |  | 266636 | 1846 | SH |  | SOLE |  | 1846 | 0 | 0 |
| MAIN STR CAP CORP | COM | 56035L104 |  | 238017 | 3743 | SH |  | SOLE |  | 3743 | 0 | 0 |
| MANHATTAN ASSOCIATES INC | COM | 562750109 |  | 421234 | 2055 | SH |  | SOLE |  | 2055 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 |  | 508422 | 266 | SH |  | SOLE |  | 266 | 0 | 0 |
| MARKETAXESS HLDGS INC | COM | 57060D108 |  | 558297 | 3204 | SH |  | SOLE |  | 3204 | 0 | 0 |
| MARRIOTT VACATIONS WORLDWIDE | COM | 57164Y107 |  | 857093 | 12877 | SH |  | SOLE |  | 12877 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 537991 | 7643 | SH |  | SOLE |  | 7643 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 2189919 | 3850 | SH |  | SOLE |  | 3850 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 477920 | 10637 | SH |  | SOLE |  | 10637 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 577224 | 247 | SH |  | SOLE |  | 247 | 0 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 575746 | 7949 | SH |  | SOLE |  | 7949 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2034967 | 2771 | SH |  | SOLE |  | 2771 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 1312315 | 1069 | SH |  | SOLE |  | 1069 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 1122221 | 32378 | SH |  | SOLE |  | 32378 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 1532279 | 10966 | SH |  | SOLE |  | 10966 | 0 | 0 |
| MIDDLEBY CORP | COM | 596278101 |  | 222525 | 1674 | SH |  | SOLE |  | 1674 | 0 | 0 |
| MORNINGSTAR INC | COM | 617700109 |  | 835468 | 3601 | SH |  | SOLE |  | 3601 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 234159 | 6752 | SH |  | SOLE |  | 6752 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 963510 | 2107 | SH |  | SOLE |  | 2107 | 0 | 0 |
| MURPHY USA INC | COM | 626755102 |  | 668972 | 1723 | SH |  | SOLE |  | 1723 | 0 | 0 |
| NATERA INC | COM | 632307104 |  | 504319 | 3133 | SH |  | SOLE |  | 3133 | 0 | 0 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 299648 | 3244 | SH |  | SOLE |  | 3244 | 0 | 0 |
| NATIONAL GRID PLC | SPONSORED ADR NE | 636274409 |  | 811143 | 11162 | SH |  | SOLE |  | 11162 | 0 | 0 |
| NATIONAL STORAGE AFFILIATES | COM SHS BEN IN | 637870106 |  | 210301 | 6959 | SH |  | SOLE |  | 6959 | 0 | 0 |
| NATWEST GROUP PLC | SPONS ADR | 639057207 |  | 2268443 | 160314 | SH |  | SOLE |  | 160314 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 920908 | 7774 | SH |  | SOLE |  | 7774 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 809271 | 675 | SH |  | SOLE |  | 675 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 564540 | 6696 | SH |  | SOLE |  | 6696 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1699355 | 22511 | SH |  | SOLE |  | 22511 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 746752 | 17246 | SH |  | SOLE |  | 17246 | 0 | 0 |
| NNN REIT INC | COM | 637417106 |  | 509946 | 11979 | SH |  | SOLE |  | 11979 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 635668 | 2116 | SH |  | SOLE |  | 2116 | 0 | 0 |
| NOVANTA INC | COM | 67000B104 |  | 1317373 | 13154 | SH |  | SOLE |  | 13154 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 676756 | 12196 | SH |  | SOLE |  | 12196 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 1558769 | 9625 | SH |  | SOLE |  | 9625 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 742021 | 5479 | SH |  | SOLE |  | 5479 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1280125 | 6861 | SH |  | SOLE |  | 6861 | 0 | 0 |
| NVR INC | COM | 62944T105 |  | 265144 | 33 | SH |  | SOLE |  | 33 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 |  | 263738 | 2041 | SH |  | SOLE |  | 2041 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 2222921 | 7904 | SH |  | SOLE |  | 7904 | 0 | 0 |
| OSHKOSH CORP | COM | 688239201 |  | 339814 | 2620 | SH |  | SOLE |  | 2620 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 1533399 | 15596 | SH |  | SOLE |  | 15596 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 206160 | 5323 | SH |  | SOLE |  | 5323 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 1285064 | 1695 | SH |  | SOLE |  | 1695 | 0 | 0 |
| PATTERSON-UTI ENERGY INC | COM | 703481101 |  | 299290 | 57778 | SH |  | SOLE |  | 57778 | 0 | 0 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 259342 | 1246 | SH |  | SOLE |  | 1246 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 749261 | 11173 | SH |  | SOLE |  | 11173 | 0 | 0 |
| PEARSON PLC | SPONSORED ADR | 705015105 |  | 2524728 | 178300 | SH |  | SOLE |  | 178300 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 804159 | 5726 | SH |  | SOLE |  | 5726 | 0 | 0 |
| PERFORMANCE FOOD GROUP CO | COM | 71377A103 |  | 226287 | 2175 | SH |  | SOLE |  | 2175 | 0 | 0 |
| PERMIAN RESOURCES CORP | CLASS A COM | 71424F105 |  | 193754 | 15137 | SH |  | SOLE |  | 15137 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 2048920 | 161842 | SH |  | SOLE |  | 161842 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1884115 | 11616 | SH |  | SOLE |  | 11616 | 0 | 0 |
| PILGRIMS PRIDE CORP | COM | 72147K108 |  | 479234 | 11769 | SH |  | SOLE |  | 11769 | 0 | 0 |
| PJT PARTNERS INC | COM CL A | 69343T107 |  | 246334 | 1386 | SH |  | SOLE |  | 1386 | 0 | 0 |
| PLANET LABS PBC | COM CL A | 72703X106 |  | 281523 | 21689 | SH |  | SOLE |  | 21689 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 859779 | 4279 | SH |  | SOLE |  | 4279 | 0 | 0 |
| POPULAR INC | COM NEW | 733174700 |  | 333274 | 2624 | SH |  | SOLE |  | 2624 | 0 | 0 |
| PORTILLOS INC | COM CL A | 73642K106 |  | 128613 | 19940 | SH |  | SOLE |  | 19940 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 561182 | 5339 | SH |  | SOLE |  | 5339 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 259265 | 6977 | SH |  | SOLE |  | 6977 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 432525 | 4214 | SH |  | SOLE |  | 4214 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 353512 | 15996 | SH |  | SOLE |  | 15996 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 2440884 | 15886 | SH |  | SOLE |  | 15886 | 0 | 0 |
| PROSHARES TR | SHORT S 500 NE | 74349Y753 |  | 399501 | 10809 | SH |  | SOLE |  | 10809 | 0 | 0 |
| PROSHARES TR | SHRT 20+YR TRE | 74347X849 |  | 399563 | 16845 | SH |  | SOLE |  | 16845 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 881479 | 8497 | SH |  | SOLE |  | 8497 | 0 | 0 |
| PRUDENTIAL PLC | ADR | 74435K204 |  | 1875806 | 67017 | SH |  | SOLE |  | 67017 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 301848 | 1045 | SH |  | SOLE |  | 1045 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 605920 | 7260 | SH |  | SOLE |  | 7260 | 0 | 0 |
| PVH CORPORATION | COM | 693656100 |  | 614537 | 7336 | SH |  | SOLE |  | 7336 | 0 | 0 |
| QIAGEN NV | COM SHS | N72482206 |  | 415345 | 9296 | SH |  | SOLE |  | 9296 | 0 | 0 |
| QORVO INC | COM | 74736K101 |  | 307668 | 3378 | SH |  | SOLE |  | 3378 | 0 | 0 |
| QUALYS INC | COM | 74758T303 |  | 214242 | 1619 | SH |  | SOLE |  | 1619 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 704726 | 4083 | SH |  | SOLE |  | 4083 | 0 | 0 |
| RB GLOBAL INC | COM | 74935Q107 |  | 282711 | 2609 | SH |  | SOLE |  | 2609 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 596568 | 1061 | SH |  | SOLE |  | 1061 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 226492 | 8589 | SH |  | SOLE |  | 8589 | 0 | 0 |
| RELIANCE INC | COM | 759509102 |  | 911293 | 3245 | SH |  | SOLE |  | 3245 | 0 | 0 |
| RELX PLC | SPONSORED ADR | 759530108 |  | 933326 | 19542 | SH |  | SOLE |  | 19542 | 0 | 0 |
| RENTOKIL INITIAL PLC | SPONSORED ADR | 760125104 |  | 4951399 | 196095 | SH |  | SOLE |  | 196095 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 2317519 | 10099 | SH |  | SOLE |  | 10099 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 536403 | 8363 | SH |  | SOLE |  | 8363 | 0 | 0 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 873218 | 21241 | SH |  | SOLE |  | 21241 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 1490044 | 22573 | SH |  | SOLE |  | 22573 | 0 | 0 |
| RLI CORP | COM | 749607107 |  | 462605 | 7093 | SH |  | SOLE |  | 7093 | 0 | 0 |
| RLJ LODGING TR | COM | 74965L101 |  | 175522 | 24378 | SH |  | SOLE |  | 24378 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 619943 | 17985 | SH |  | SOLE |  | 17985 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 218426 | 438 | SH |  | SOLE |  | 438 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 |  | 429438 | 2915 | SH |  | SOLE |  | 2915 | 0 | 0 |
| RUSH ENTERPRISES INC | CL A | 781846209 |  | 339053 | 6341 | SH |  | SOLE |  | 6341 | 0 | 0 |
| RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 |  | 595953 | 6652 | SH |  | SOLE |  | 6652 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 6125245 | 12585 | SH |  | SOLE |  | 12585 | 0 | 0 |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 |  | 528929 | 28376 | SH |  | SOLE |  | 28376 | 0 | 0 |
| SAIA INC | COM | 78709Y105 |  | 325704 | 1088 | SH |  | SOLE |  | 1088 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 441768 | 1864 | SH |  | SOLE |  | 1864 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 401884 | 1504 | SH |  | SOLE |  | 1504 | 0 | 0 |
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 |  | 2497309 | 12916 | SH |  | SOLE |  | 12916 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 642238 | 18686 | SH |  | SOLE |  | 18686 | 0 | 0 |
| SCIENCE APPLICATIONS INTL CO | COM | 808625107 |  | 225172 | 2266 | SH |  | SOLE |  | 2266 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 |  | 919180 | 10833 | SH |  | SOLE |  | 10833 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 2726509 | 38117 | SH |  | SOLE |  | 38117 | 0 | 0 |
| SILICON LABORATORIES INC | COM | 826919102 |  | 518488 | 3954 | SH |  | SOLE |  | 3954 | 0 | 0 |
| SIMPSON MFG INC | COM | 829073105 |  | 1024688 | 6119 | SH |  | SOLE |  | 6119 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 1058090 | 13745 | SH |  | SOLE |  | 13745 | 0 | 0 |
| SMITH  NEPHEW PLC | SPDN ADR NEW | 83175M205 |  | 1443036 | 39764 | SH |  | SOLE |  | 39764 | 0 | 0 |
| SMITH A O CORP | COM | 831865209 |  | 206135 | 2808 | SH |  | SOLE |  | 2808 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 208865 | 5645 | SH |  | SOLE |  | 5645 | 0 | 0 |
| SONOCO PRODS CO | COM | 835495102 |  | 1087333 | 25234 | SH |  | SOLE |  | 25234 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 2374368 | 25054 | SH |  | SOLE |  | 25054 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 576096 | 4747 | SH |  | SOLE |  | 4747 | 0 | 0 |
| SOUTHSTATE BK CORP | COM | 84472E102 |  | 369378 | 3736 | SH |  | SOLE |  | 3736 | 0 | 0 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 1324169 | 41497 | SH |  | SOLE |  | 41497 | 0 | 0 |
| SOUTHWEST GAS HLDGS INC | COM | 844895102 |  | 649439 | 8290 | SH |  | SOLE |  | 8290 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 12415597 | 18637 | SH |  | SOLE |  | 18637 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 |  | 3387343 | 114360 | SH |  | SOLE |  | 114360 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL SILVER | 85207K107 |  | 747540 | 47614 | SH |  | SOLE |  | 47614 | 0 | 0 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 956243 | 8789 | SH |  | SOLE |  | 8789 | 0 | 0 |
| SPS COMM INC | COM | 78463M107 |  | 224526 | 2156 | SH |  | SOLE |  | 2156 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 370170 | 1496 | SH |  | SOLE |  | 1496 | 0 | 0 |
| STERLING INFRASTRUCTURE INC | COM | 859241101 |  | 404219 | 1190 | SH |  | SOLE |  | 1190 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 1874940 | 5819 | SH |  | SOLE |  | 5819 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 563747 | 1525 | SH |  | SOLE |  | 1525 | 0 | 0 |
| SUN CMNTYS INC | COM | 866674104 |  | 524256 | 4064 | SH |  | SOLE |  | 4064 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 269465 | 6445 | SH |  | SOLE |  | 6445 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 2079541 | 43378 | SH |  | SOLE |  | 43378 | 0 | 0 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 |  | 255167 | 5199 | SH |  | SOLE |  | 5199 | 0 | 0 |
| TAYLOR MORRISON HOME CORP | COM | 87724P106 |  | 666173 | 10092 | SH |  | SOLE |  | 10092 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 510407 | 2325 | SH |  | SOLE |  | 2325 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 383889 | 24343 | SH |  | SOLE |  | 24343 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 212989 | 1049 | SH |  | SOLE |  | 1049 | 0 | 0 |
| TETRA TECH INC NEW | COM | 88162G103 |  | 1406433 | 42134 | SH |  | SOLE |  | 42134 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1310179 | 7131 | SH |  | SOLE |  | 7131 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 290362 | 311 | SH |  | SOLE |  | 311 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 615210 | 19481 | SH |  | SOLE |  | 19481 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 914329 | 3172 | SH |  | SOLE |  | 3172 | 0 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 459000 | 2955 | SH |  | SOLE |  | 2955 | 0 | 0 |
| TKO GROUP HOLDINGS INC | CL A | 87256C101 |  | 224983 | 1114 | SH |  | SOLE |  | 1114 | 0 | 0 |
| TOPBUILD CORP | COM | 89055F103 |  | 534696 | 1368 | SH |  | SOLE |  | 1368 | 0 | 0 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 |  | 213571 | 3578 | SH |  | SOLE |  | 3578 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 513252 | 9025 | SH |  | SOLE |  | 9025 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 222515 | 71319 | SH |  | SOLE |  | 71319 | 0 | 0 |
| TRANSUNION | COM | 89400J107 |  | 953500 | 11381 | SH |  | SOLE |  | 11381 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1688723 | 6048 | SH |  | SOLE |  | 6048 | 0 | 0 |
| TXNM ENERGY INC | COM | 69349H107 |  | 681088 | 12044 | SH |  | SOLE |  | 12044 | 0 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 408065 | 780 | SH |  | SOLE |  | 780 | 0 | 0 |
| U HAUL HOLDING COMPANY | COM SER N | 023586506 |  | 298630 | 5867 | SH |  | SOLE |  | 5867 | 0 | 0 |
| UMB FINL CORP | COM | 902788108 |  | 227824 | 1925 | SH |  | SOLE |  | 1925 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 353287 | 3661 | SH |  | SOLE |  | 3661 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 1107524 | 13259 | SH |  | SOLE |  | 13259 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 259491 | 619 | SH |  | SOLE |  | 619 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 806812 | 10373 | SH |  | SOLE |  | 10373 | 0 | 0 |
| V F CORP | COM | 918204108 |  | 302583 | 20969 | SH |  | SOLE |  | 20969 | 0 | 0 |
| VANECK BITCOIN ETF | SH BEN INT | 92189K105 |  | 4623278 | 142826 | SH |  | SOLE |  | 142826 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 644150 | 13717 | SH |  | SOLE |  | 13717 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 395583 | 5652 | SH |  | SOLE |  | 5652 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 989119 | 3538 | SH |  | SOLE |  | 3538 | 0 | 0 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 901076 | 77679 | SH |  | SOLE |  | 77679 | 0 | 0 |
| VOLATILITY SHS TR | XRP ETF | 92864M780 |  | 2009889 | 116313 | SH |  | SOLE |  | 116313 | 0 | 0 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 632584 | 8457 | SH |  | SOLE |  | 8457 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 431718 | 4189 | SH |  | SOLE |  | 4189 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 772610 | 2577 | SH |  | SOLE |  | 2577 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 606773 | 7239 | SH |  | SOLE |  | 7239 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 209602 | 799 | SH |  | SOLE |  | 799 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 372158 | 46578 | SH |  | SOLE |  | 46578 | 0 | 0 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 965485 | 12529 | SH |  | SOLE |  | 12529 | 0 | 0 |
| WEX INC | COM | 96208T104 |  | 1055609 | 6701 | SH |  | SOLE |  | 6701 | 0 | 0 |
| WHITE MTNS INS GROUP LTD | COM | G9618E107 |  | 518171 | 310 | SH |  | SOLE |  | 310 | 0 | 0 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 354546 | 1814 | SH |  | SOLE |  | 1814 | 0 | 0 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 742988 | 5610 | SH |  | SOLE |  | 5610 | 0 | 0 |
| WIPRO LTD | SPON ADR 1 SH | 97651M109 |  | 119010 | 45251 | SH |  | SOLE |  | 45251 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 291765 | 1212 | SH |  | SOLE |  | 1212 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 343520 | 2260 | SH |  | SOLE |  | 2260 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 443066 | 1491 | SH |  | SOLE |  | 1491 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 1355849 | 17597 | SH |  | SOLE |  | 17597 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 425914 | 4324 | SH |  | SOLE |  | 4324 | 0 | 0 |
| ZIONS BANCORPORATION N A | COM | 989701107 |  | 1200232 | 21213 | SH |  | SOLE |  | 21213 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 609569 | 4166 | SH |  | SOLE |  | 4166 | 0 | 0 |

---