# EDGAR Filing Document

**Accession Number:** 0001141819
**File Stem:** 0000894189-26-001872
**Filing Date:** 2026-1
**Character Count:** 217881
**Document Hash:** 5588aca55d5b72122022a224db0f72ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-001872.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0000894189-26-001872

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRUST FOR PROFESSIONAL MANAGERS
- **CENTRAL INDEX KEY:** 0001141819

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10401
- **FILM NUMBER:** 26563272

**BUSINESS ADDRESS:**
- **STREET 1:** U.S. BANCORP FUND SERVICES LLC
- **STREET 2:** 615 EAST MICHIGAN ST 2ND FLOOR
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4147655067

**MAIL ADDRESS:**
- **STREET 1:** U.S. BANCORP FUND SERVICES LLC
- **STREET 2:** 615 EAST MICHIGAN ST 2ND FLOOR
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ZODIAC TRUST
- **DATE OF NAME CHANGE:** 20010601

## Series and Classes Contracts Data

### ActivePassive International Equity ETF (Series ID: S000075230)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000234092 | ActivePassive International Equity ETF | APIE            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **ActivePassive International Equity ETF** | **ActivePassive International Equity ETF** | **ActivePassive International Equity ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 99.0%** | **Shares** | **Value**  |
| **Automobiles & Components - 2.7%** | **Automobiles & Components - 2.7%** | |
| Bridgestone Corp. - ADR | 3351 | $78681 |
| BYD Co. Ltd. - ADR <sup>(a)</sup> | 255264 | 3198458 |
| Cie Generale des Etablissements Michelin SCA - ADR <sup>(a)</sup> | 162478 | 2649204 |
| Denso Corp. - ADR | 16940 | 221914 |
| Geely Automobile Holdings Ltd. - ADR <sup>(b)</sup> | 29043 | 1277021 |
| Hesai Group - ADR <sup>(a)(b)</sup> | 9732 | 187146 |
| Honda Motor Co. Ltd. - ADR | 88696 | 2683054 |
| Isuzu Motors Ltd. - ADR | 3308 | 52068 |
| Li Auto, Inc. - ADR <sup>(a)(b)</sup> | 41390 | 761162 |
| Mercedes-Benz Group AG - ADR | 126438 | 2130480 |
| NIO, Inc. - ADR <sup>(a)(b)</sup> | 68495 | 376723 |
| Niu Technologies - ADR <sup>(b)</sup> | 19543 | 67814 |
| Subaru Corp. - ADR | 29209 | 325680 |
| Sumitomo Electric Industries Ltd. - ADR <sup>(a)</sup> | 11528 | 452359 |
| Suzuki Motor Corp. - ADR | 22209 | 1395614 |
| Toyota Motor Corp. - ADR <sup>(a)</sup> | 43496 | 8780538 |
| Volkswagen AG - ADR <sup>(a)</sup> | 21227 | 243898 |
| Volkswagen AG - ADR | 10246 | 116292 |
| WeRide, Inc. - ADR <sup>(b)</sup> | 5516 | 45452 |
| XPeng, Inc. - ADR <sup>(a)(b)</sup> | 44227 | 965475 |
| ZEEKR Intelligent Technology Holding Ltd. - ADR <sup>(b)</sup> | 1597 | 42656 |
|  |  | 26051689 |
| **Banks - 13.0%** | **Banks - 13.0%** |  |
| Agricultural Bank of China Ltd. - ADR | 41011 | 767726 |
| AIB Group PLC - ADR <sup>(a)</sup> | 3759 | 77323 |
| ANZ Group Holdings Ltd. - ADR <sup>(a)</sup> | 7623 | 174414 |
| Banco BBVA Argentina SA - ADR | 2875 | 46172 |
| Banco Bilbao Vizcaya Argentaria SA - ADR | 199276 | 4294398 |
| Banco Bradesco SA - ADR | 421378 | 1559099 |
| Banco de Chile - ADR | 16944 | 640144 |
| Banco do Brasil SA - ADR | 156551 | 670038 |
| Banco Santander Brasil SA - ADR | 22299 | 143606 |
| Banco Santander Chile - ADR | 41526 | 1242873 |
| Banco Santander SA - ADR <sup>(a)</sup> | 792561 | 8504180 |
| Bank Central Asia Tbk PT - ADR | 10651 | 133457 |
| Bank Mandiri Persero Tbk PT - ADR | 10803 | 125315 |
| Bank of China Ltd. - ADR | 144977 | 2183354 |
| Bank Rakyat Indonesia Persero Tbk PT - ADR | 15160 | 165699 |
| Barclays PLC - ADR | 321518 | 7327395 |
| BNP Paribas SA - ADR | 140483 | 6028126 |
| CaixaBank SA - ADR | 73881 | 271882 |
| China Construction Bank Corp. - ADR | 265098 | 5604172 |
| China Merchants Bank Co. Ltd. - ADR | 20823 | 700902 |
| Commerzbank AG - ADR | 2466 | 96938 |
| Commonwealth Bank of Australia - ADR <sup>(a)</sup> | 33171 | 3316437 |
| Credit Agricole SA - ADR | 29359 | 280672 |
| DBS Group Holdings Ltd. - ADR | 21376 | 3585824 |
| DNB Bank ASA - ADR | 905 | 24209 |
| Erste Group Bank AG - ADR | 20522 | 1115986 |
| Eurobank Ergasias Services and Holdings SA - ADR <sup>(a)</sup> | 200828 | 389606 |
| Grupo Cibest SA - ADR | 50526 | 3186170 |
| Grupo Financiero Banorte SAB de CV - ADR | 6484 | 312010 |
| Grupo Financiero Galicia SA - ADR <sup>(a)</sup> | 6392 | 342419 |
| HDFC Bank Ltd. - ADR | 276966 | 10197888 |
| HSBC Holdings PLC - ADR <sup>(a)</sup> | 92387 | 6574259 |
| ICICI Bank Ltd. - ADR | 136215 | 4253994 |
| Industrial & Commercial Bank of China Ltd. - ADR <sup>(a)</sup> | 141742 | 2350082 |
| ING Groep NV - ADR <sup>(a)</sup> | 102723 | 2664635 |
| Intesa Sanpaolo SpA - ADR <sup>(a)</sup> | 112248 | 4526962 |
| Itau Unibanco Holding SA - ADR | 543795 | 4241601 |
| Kasikornbank PCL - ADR | 8924 | 213912 |
| KB Financial Group, Inc. - ADR | 30491 | 2594479 |
| KBC Group NV - ADR | 1077 | 66397 |
| Lloyds Banking Group PLC - ADR | 547640 | 2792964 |
| Mitsubishi UFJ Financial Group, Inc. - ADR <sup>(a)</sup> | 276788 | 4367715 |
| Mizuho Financial Group, Inc. - ADR <sup>(a)</sup> | 332884 | 2363476 |
| National Australia Bank Ltd. - ADR <sup>(a)</sup> | 33365 | 441419 |
| NatWest Group PLC - ADR <sup>(b)</sup> | 257542 | 4308678 |
| Nordea Bank Abp - ADR | 22811 | 407404 |
| Oversea-Chinese Banking Corp. Ltd. - ADR | 4860 | 139288 |
| Shinhan Financial Group Co. Ltd. - ADR | 50509 | 2732032 |
| Societe Generale SA - ADR | 236315 | 3308410 |
| Standard Bank Group Ltd. - ADR | 34317 | 527795 |
| Standard Chartered PLC - ADR | 73121 | 3267046 |
| Sumitomo Mitsui Financial Group, Inc. - ADR | 153386 | 2794693 |
| Svenska Handelsbanken AB - ADR | 6878 | 47438 |
| Swedbank AB - ADR | 1082 | 34494 |
| UniCredit SpA - ADR | 48525 | 1811438 |
| United Overseas Bank Ltd. - ADR | 28564 | 1501609 |
| Woori Financial Group, Inc. - ADR <sup>(a)</sup> | 32655 | 1794392 |
|  |  | 123635046 |
| **Capital Goods - 9.5%** | **Capital Goods - 9.5%** |  |
| ABB Ltd. - ADR | 61781 | 4433405 |
| Airbus SE - ADR | 72049 | 4160830 |
| Alfa Laval AB - ADR | 380 | 17942 |
| Alstom SA - ADR <sup>(b)</sup> | 1585114 | 4089594 |
| Ashtead Group PLC - ADR | 2413 | 623109 |
| Assa Abloy AB - ADR | 229618 | 4360446 |
| Astra International Tbk PT - ADR | 60313 | 479790 |
| Atlas Copco AB - ADR | 38043 | 647872 |
| Atlas Copco AB - ADR | 14968 | 229609 |
| BAE Systems PLC - ADR | 23125 | 1982044 |
| Bunzl PLC - ADR | 6985 | 99746 |
| Cie de Saint-Gobain SA - ADR | 183315 | 3657134 |
| CK Hutchison Holdings Ltd. - ADR <sup>(a)</sup> | 261658 | 1834223 |
| Daifuku Co. Ltd. - ADR | 3784 | 59787 |
| Daikin Industries Ltd. - ADR | 131912 | 1713537 |
| Daimler Truck Holding AG - ADR <sup>(a)</sup> | 49377 | 1049261 |
| Diploma PLC - ADR | 135028 | 2449408 |
| Embraer SA - ADR | 16412 | 1029361 |
| Epiroc AB - ADR | 2077 | 44531 |
| FANUC Corp. - ADR | 244018 | 3914049 |
| Geberit AG - ADR | 4273 | 332803 |
| Hitachi Ltd. - ADR <sup>(a)</sup> | 103775 | 3319762 |
| IMCD NV - ADR | 17461 | 782951 |
| ITOCHU Corp. - ADR | 20698 | 2482311 |
| Jardine Matheson Holdings Ltd. - ADR | 1026 | 67172 |
| Kawasaki Heavy Industries Ltd. - ADR | 1611 | 40855 |
| Kingspan Group PLC - ADR | 878 | 75201 |
| Komatsu Ltd. - ADR | 48867 | 1604792 |
| Kone Oyj - ADR | 27992 | 949349 |
| Kubota Corp. - ADR | 4871 | 355096 |
| Legrand SA - ADR | 20965 | 635239 |
| Leonardo SpA - ADR | 18901 | 518454 |
| Marubeni Corp. - ADR | 2344 | 618394 |
| Mitsubishi Corp. - ADR | 31287 | 739625 |
| Mitsubishi Electric Corp. - ADR | 44712 | 2418025 |
| Mitsubishi Heavy Industries Ltd. - ADR | 74089 | 1874452 |
| Mitsui & Co. Ltd. - ADR | 3958 | 2101698 |
| NIDEC CORP - ADR | 116586 | 359085 |
| Prysmian SpA - ADR | 9721 | 487897 |
| Rheinmetall AG - ADR <sup>(a)</sup> | 6547 | 2222314 |
| Rolls-Royce Holdings PLC - ADR <sup>(a)</sup> | 411724 | 5801191 |
| Saab AB - ADR <sup>(a)</sup> | 12261 | 308977 |
| Safran SA - ADR | 25072 | 2095016 |
| Sandvik AB - ADR | 2286 | 69138 |
| Schneider Electric SE - ADR | 64379 | 3453289 |
| Siemens AG - ADR | 63283 | 8393857 |
| Siemens Energy AG - ADR <sup>(b)</sup> | 16751 | 2239274 |
| SMC Corp. - ADR | 156049 | 2743341 |
| Smiths Group PLC - ADR | 5286 | 174279 |
| Sumitomo Corp. - ADR | 28099 | 883152 |
| Techtronic Industries Co. Ltd. - ADR | 4657 | 273459 |
| Thales SA - ADR | 4853 | 247406 |
| VAT Group AG - ADR | 30012 | 1318727 |
| Vestas Wind Systems AS - ADR | 31978 | 252306 |
| Vinci SA - ADR | 32779 | 1161688 |
| Volvo AB - ADR <sup>(a)</sup> | 67995 | 2037130 |
|  |  | 90313383 |
| **Commercial & Professional Services - 2.2%** | **Commercial & Professional Services - 2.2%** |  |
| Brambles Ltd. - ADR | 56273 | 1779521 |
| Bureau Veritas SA - ADR | 641 | 40941 |
| Computershare Ltd. - ADR | 73831 | 1729860 |
| Experian PLC - ADR | 68378 | 3009316 |
| Kanzhun Ltd. - ADR | 41246 | 911537 |
| Recruit Holdings Co. Ltd. - ADR | 319943 | 3266618 |
| RELX PLC - ADR <sup>(a)</sup> | 163182 | 6561548 |
| Rentokil Initial PLC - ADR <sup>(a)</sup> | 54389 | 1503856 |
| Secom Co. Ltd. - ADR | 6452 | 55939 |
| SGS SA - ADR <sup>(a)</sup> | 10040 | 114757 |
| Wolters Kluwer NV - ADR | 17998 | 1917687 |
|  |  | 20891580 |
| **Consumer Discretionary Distribution & Retail - 4.7%** | **Consumer Discretionary Distribution & Retail - 4.7%** |  |
| Alibaba Group Holding Ltd. - ADR <sup>(a)</sup> | 147865 | 23259164 |
| ATRenew, Inc. - ADR <sup>(b)</sup> | 96652 | 438800 |
| Baozun, Inc. - ADR <sup>(b)</sup> | 27128 | 77586 |
| Fast Retailing Co. Ltd. - ADR | 63747 | 2328678 |
| Industria de Diseno Textil SA - ADR <sup>(a)</sup> | 159928 | 2246988 |
| JD.com, Inc. - ADR <sup>(a)</sup> | 107024 | 3192526 |
| LuxExperience BV - ADR <sup>(b)</sup> | 7862 | 73981 |
| MINISO Group Holding Ltd. - ADR | 1266 | 25155 |
| Naspers Ltd. - ADR | 27515 | 346139 |
| Nitori Holdings Co. Ltd. - ADR | 5573 | 48151 |
| Pan Pacific International Holdings Corp. - ADR | 5963 | 71914 |
| PDD Holdings, Inc. - ADR <sup>(b)</sup> | 46728 | 5424186 |
| Prosus NV - ADR <sup>(a)</sup> | 309031 | 3884520 |
| Sea Ltd. - ADR <sup>(b)</sup> | 10454 | 1453211 |
| Ultrapar Participacoes SA - ADR | 97479 | 400639 |
| Vipshop Holdings Ltd. - ADR | 79446 | 1560319 |
| Wesfarmers Ltd. - ADR | 2654 | 71048 |
|  |  | 44903005 |
| **Consumer Durables & Apparel - 3.4%** | **Consumer Durables & Apparel - 3.4%** |  |
| adidas AG - ADR | 7127 | 662312 |
| ANTA Sports Products Ltd. - ADR | 2046 | 560256 |
| Asics Corp. - ADR | 2866 | 69085 |
| Berkeley Group Holdings PLC - ADR <sup>(a)</sup> | 71359 | 712869 |
| Cie Financiere Richemont SA - ADR <sup>(a)</sup> | 206208 | 4371610 |
| Haier Smart Home Co. Ltd. - ADR | 50058 | 682291 |
| Hermes International SCA - ADR | 8750 | 2133950 |
| Kering SA - ADR <sup>(a)</sup> | 190137 | 6466559 |
| LVMH Moet Hennessy Louis Vuitton SE - ADR | 51340 | 7611669 |
| Panasonic Holdings Corp. - ADR | 50371 | 628882 |
| Sekisui House Ltd. - ADR | 41917 | 939150 |
| Shimano, Inc. - ADR <sup>(a)</sup> | 78971 | 824457 |
| Sony Group Corp. - ADR <sup>(a)</sup> | 220309 | 6466069 |
| Viomi Technology Co. Ltd. - ADR | 26010 | 64765 |
|  |  | 32193924 |
| **Consumer Services - 2.2%** | **Consumer Services - 2.2%** |  |
| Amadeus IT Group SA - ADR | 6375 | 468072 |
| Atour Lifestyle Holdings Ltd. - ADR | 14359 | 550955 |
| Carnival Corp. <sup>(b)</sup> | 80896 | 2085499 |
| Carnival PLC - ADR <sup>(b)</sup> | 41736 | 994569 |
| Compass Group PLC - ADR | 57376 | 1803901 |
| Evolution AB - ADR | 3208 | 219170 |
| Galaxy Entertainment Group Ltd. - ADR | 1062 | 27421 |
| Here Group Ltd. - ADR <sup>(a)(b)</sup> | 15677 | 79012 |
| InterContinental Hotels Group PLC - ADR <sup>(a)</sup> | 27137 | 3641243 |
| Luckin Coffee, Inc. - ADR <sup>(b)</sup> | 21123 | 768877 |
| Meituan - ADR <sup>(a)(b)</sup> | 151930 | 3919794 |
| Melco Resorts & Entertainment Ltd. - ADR <sup>(b)</sup> | 57582 | 524572 |
| New Oriental Education & Technology Group, Inc. - ADR | 5989 | 306277 |
| Oriental Land Co. Ltd. - ADR | 19930 | 382656 |
| Pearson PLC - ADR <sup>(a)</sup> | 122860 | 1618066 |
| TAL Education Group - ADR <sup>(b)</sup> | 21303 | 234333 |
| Trip.com Group Ltd. - ADR | 42090 | 2942933 |
| Youdao, Inc. - ADR <sup>(b)</sup> | 13112 | 132038 |
|  |  | 20699388 |
| **Consumer Staples Distribution & Retail - 0.7%** | **Consumer Staples Distribution & Retail - 0.7%** |  |
| Carrefour SA - ADR | 5384 | 16529 |
| Clicks Group Ltd. - ADR | 49949 | 2021686 |
| DingDong Cayman Ltd. - ADR <sup>(b)</sup> | 92076 | 158371 |
| J Sainsbury PLC - ADR <sup>(a)</sup> | 2837 | 49165 |
| Koninklijke Ahold Delhaize NV - ADR | 32644 | 1351135 |
| Marks & Spencer Group PLC - ADR | 2744 | 25190 |
| Seven & i Holdings Co. Ltd. - ADR | 32081 | 440472 |
| Tesco PLC - ADR | 148422 | 2681985 |
| Wal-Mart de Mexico SAB de CV - ADR | 8150 | 273188 |
|  |  | 7017721 |
| **Energy - 2.9%** | **Energy - 2.9%** |  |
| BP PLC - ADR | 143021 | 5163058 |
| Ecopetrol SA - ADR <sup>(a)</sup> | 142903 | 1403307 |
| Eni SpA - ADR <sup>(a)</sup> | 95247 | 3564143 |
| Equinor ASA - ADR <sup>(a)</sup> | 84043 | 1925425 |
| Inpex Corp. - ADR | 40416 | 850757 |
| Petroleo Brasileiro SA - Petrobras - ADR | 147188 | 1845737 |
| Petroleo Brasileiro SA - Petrobras - ADR | 257849 | 3065825 |
| Repsol SA - ADR | 8374 | 155505 |
| Shell PLC - ADR | 85412 | 6300843 |
| Tenaris SA - ADR <sup>(a)</sup> | 23676 | 952249 |
| Vista Energy SAB de CV - ADR <sup>(b)</sup> | 1223 | 60123 |
| Woodside Energy Group Ltd. - ADR <sup>(a)</sup> | 68078 | 1113756 |
| YPF SA - ADR <sup>(a)(b)</sup> | 16700 | 614894 |
|  |  | 27015622 |
| **Financial Services - 2.5%** | **Financial Services - 2.5%** |  |
| 3i Group PLC - ADR | 202848 | 2127875 |
| Adyen NV - ADR <sup>(b)</sup> | 68926 | 1069731 |
| AMTD IDEA Group - ADR <sup>(b)</sup> | 4409 | 4718 |
| Deutsche Bank AG <sup>(a)</sup> | 114312 | 4066078 |
| Deutsche Boerse AG - ADR | 34353 | 925470 |
| FinVolution Group - ADR | 155631 | 776599 |
| Futu Holdings Ltd. - ADR | 2117 | 359170 |
| Hong Kong Exchanges & Clearing Ltd. - ADR | 73011 | 3890026 |
| Kaspi.KZ JSC - ADR | 4544 | 351297 |
| LexinFintech Holdings Ltd. - ADR | 84024 | 276439 |
| London Stock Exchange Group PLC - ADR <sup>(a)(b)</sup> | 94866 | 2826058 |
| Lufax Holding Ltd. - ADR <sup>(b)</sup> | 91580 | 228950 |
| Macquarie Group Ltd. - ADR | 1655 | 213536 |
| Nomura Holdings, Inc. - ADR | 197196 | 1494746 |
| ORIX Corp. - ADR | 58917 | 1611380 |
| Qfin Holdings, Inc. - ADR | 27818 | 543285 |
| Qudian, Inc. - ADR <sup>(b)</sup> | 28362 | 136988 |
| Sony Financial Group, Inc. - ADR <sup>(b)</sup> | 406 | 1904 |
| UBS Group AG | 61356 | 2368342 |
| Up Fintech Holding Ltd. - ADR <sup>(b)</sup> | 14393 | 126946 |
| Wise PLC - ADR <sup>(b)</sup> | 693 | 8254 |
| X Financial - ADR | 26786 | 184288 |
|  |  | 23592080 |
| **Food, Beverage & Tobacco - 3.8%** | **Food, Beverage & Tobacco - 3.8%** |  |
| Ambev SA - ADR <sup>(a)</sup> | 952997 | 2420612 |
| Anheuser-Busch InBev SA/NV - ADR <sup>(a)</sup> | 51035 | 3140183 |
| Associated British Foods PLC - ADR | 11386 | 325070 |
| British American Tobacco PLC - ADR | 137877 | 8087865 |
| Carlsberg AS - ADR <sup>(a)</sup> | 1332 | 33207 |
| Cia Cervecerias Unidas SA - ADR | 61260 | 819659 |
| Coca-Cola Femsa SAB de CV - ADR | 13917 | 1220660 |
| Danone SA - ADR <sup>(a)</sup> | 84501 | 1510033 |
| Diageo PLC - ADR <sup>(a)</sup> | 38867 | 3560606 |
| Embotelladora Andina SA - ADR | 18568 | 504864 |
| Embotelladora Andina SA - ADR | 1382 | 31275 |
| Fomento Economico Mexicano SAB de CV - ADR | 2571 | 246662 |
| Heineken Holding NV - ADR | 414 | 14784 |
| Heineken NV - ADR <sup>(a)</sup> | 59679 | 2428040 |
| Imperial Brands PLC - ADR <sup>(a)</sup> | 41768 | 1770545 |
| Japan Tobacco, Inc. - ADR | 1802 | 33950 |
| Kerry Group PLC - ADR | 414 | 38291 |
| MBRF Global Foods Co. SA - ADR <sup>(a)</sup> | 80231 | 292843 |
| Nestle SA - ADR | 76738 | 7641570 |
| Orkla ASA - ADR <sup>(a)</sup> | 3646 | 39202 |
| Pernod Ricard SA - ADR | 65077 | 1173338 |
| RLX Technology, Inc. - ADR | 21486 | 53930 |
| Suntory Beverage & Food Ltd. - ADR | 1555 | 24538 |
| WH Group Ltd. - ADR | 42435 | 893341 |
| Wilmar International Ltd. - ADR | 1947 | 49084 |
|  |  | 36354152 |
| **Health Care Equipment & Services - 2.0%** | **Health Care Equipment & Services - 2.0%** |  |
| Brainsway Ltd. - ADR <sup>(b)</sup> | 16394 | 286731 |
| Coloplast AS - ADR | 123400 | 1134046 |
| EssilorLuxottica SA - ADR | 34981 | 6269295 |
| Fresenius Medical Care AG - ADR <sup>(a)</sup> | 38799 | 928072 |
| Fresenius SE & Co. KGaA - ADR | 2905 | 39886 |
| Hoya Corp. - ADR | 20921 | 3148192 |
| Koninklijke Philips NV <sup>(a)</sup> | 84212 | 2371410 |
| M3, Inc. - ADR <sup>(a)</sup> | 220300 | 1804257 |
| Siemens Healthineers AG - ADR <sup>(a)</sup> | 2142 | 53207 |
| Smith & Nephew PLC - ADR <sup>(a)</sup> | 52556 | 1749064 |
| Sonova Holding AG - ADR | 6080 | 303209 |
| Terumo Corp. - ADR | 51787 | 802181 |
|  |  | 18889550 |
| **Household & Personal Products - 2.0%** | **Household & Personal Products - 2.0%** |  |
| Beiersdorf AG - ADR <sup>(a)</sup> | 2661 | 57158 |
| Henkel AG & Co. KGaA - ADR | 112144 | 2101489 |
| Henkel AG & Co. KGaA - ADR | 9971 | 201873 |
| Kao Corp. - ADR | 63738 | 513346 |
| L'Oreal SA - ADR <sup>(a)</sup> | 38065 | 3316603 |
| Reckitt Benckiser Group PLC - ADR | 280747 | 4371231 |
| Unicharm Corp. - ADR | 33954 | 97448 |
| Unilever PLC - ADR <sup>(a)</sup> | 130386 | 7900088 |
| Yatsen Holding Ltd. - ADR <sup>(b)</sup> | 13041 | 81637 |
|  |  | 18640873 |
| **Insurance - 3.9%** | **Insurance - 3.9%** |  |
| Aegon Ltd. | 47908 | 384222 |
| AIA Group Ltd. - ADR <sup>(a)</sup> | 124065 | 5175992 |
| Allianz SE - ADR | 177237 | 7638915 |
| Aon PLC - Class A | 7454 | 2638120 |
| Aviva PLC - ADR | 1710 | 30028 |
| AXA SA - ADR | 15779 | 714473 |
| Generali - ADR | 704 | 13919 |
| Gjensidige Forsikring ASA - ADR | 80527 | 2270056 |
| MS&AD Insurance Group Holdings, Inc. - ADR | 60177 | 1335328 |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen - ADR | 133034 | 1680219 |
| NN Group NV - ADR | 1785 | 64706 |
| Ping An Insurance Group Co. of China Ltd. - ADR <sup>(a)</sup> | 150281 | 2200114 |
| Prudential PLC - ADR <sup>(a)</sup> | 128692 | 3755232 |
| Sanlam Ltd. - ADR | 35655 | 382222 |
| Sompo Holdings, Inc. - ADR | 152241 | 2405408 |
| Swiss Re AG - ADR | 26069 | 1149903 |
| Tokio Marine Holdings, Inc. - ADR | 67512 | 2381148 |
| Zurich Insurance Group AG - ADR | 80503 | 2900523 |
|  |  | 37120528 |
| **Materials - 5.2%** | **Materials - 5.2%** |  |
| Air Liquide SA - ADR | 127165 | 4866605 |
| Akzo Nobel NV - ADR | 107803 | 2330162 |
| Anglo American PLC - ADR | 56796 | 1074012 |
| Anhui Conch Cement Co. Ltd. - ADR | 29697 | 446049 |
| ArcelorMittal SA <sup>(a)</sup> | 49989 | 2155526 |
| Barrick Mining Corp. <sup>(a)</sup> | 13835 | 571939 |
| BASF SE - ADR | 83964 | 1091532 |
| BHP Group Ltd. - ADR <sup>(a)</sup> | 81113 | 4439315 |
| Cemex SAB de CV - ADR | 247087 | 2666069 |
| Cia de Minas Buenaventura SAA - ADR | 50542 | 1252431 |
| DRDGOLD Ltd. - ADR | 19034 | 574446 |
| Fortescue Ltd. - ADR <sup>(a)</sup> | 35783 | 1004071 |
| Gerdau SA - ADR | 125981 | 453532 |
| Givaudan SA - ADR | 14589 | 1229050 |
| Glencore PLC - ADR | 161753 | 1541506 |
| Gold Fields Ltd. - ADR <sup>(a)</sup> | 62213 | 2668316 |
| Harmony Gold Mining Co. Ltd. - ADR <sup>(a)</sup> | 54455 | 1070585 |
| Heidelberg Materials AG - ADR <sup>(a)</sup> | 40454 | 2080549 |
| Holcim AG <sup>(b)</sup> | 108463 | 2028258 |
| Impala Platinum Holdings Ltd. - ADR | 38346 | 479325 |
| IperionX Ltd. - ADR <sup>(a)(b)</sup> | 2273 | 76827 |
| Lynas Rare Earths Ltd. - ADR <sup>(a)(b)</sup> | 16294 | 156422 |
| Nippon Steel Corp. - ADR <sup>(a)</sup> | 132657 | 535934 |
| Nitto Denko Corp. - ADR | 2324 | 57333 |
| Norsk Hydro ASA - ADR | 8226 | 59392 |
| Nova Minerals Ltd. - ADR <sup>(b)</sup> | 6647 | 63479 |
| Novonesis Novozymes B - ADR <sup>(a)</sup> | 1649 | 103013 |
| POSCO Holdings, Inc. - ADR | 11054 | 586746 |
| Rio Tinto PLC - ADR <sup>(a)</sup> | 38031 | 2736330 |
| Sasol Ltd. - ADR <sup>(a)(b)</sup> | 96306 | 625989 |
| Shin-Etsu Chemical Co. Ltd. - ADR | 136712 | 2043844 |
| Sibanye Stillwater Ltd. - ADR <sup>(a)(b)</sup> | 44187 | 589013 |
| Sika AG - ADR | 3053 | 60053 |
| Smurfit WestRock PLC | 44707 | 1595593 |
| Suzano SA - ADR <sup>(a)</sup> | 42471 | 380115 |
| Symrise AG - ADR | 3007 | 62215 |
| Ternium SA - ADR | 15388 | 566740 |
| UPM-Kymmene Oyj - ADR | 5113 | 139534 |
| Vale SA - ADR | 324561 | 4092714 |
| Valterra Platinum Ltd. - ADR | 31443 | 361280 |
| Zijin Mining Group Co. Ltd. - ADR | 653 | 51966 |
|  |  | 48967810 |
| **Media & Entertainment - 5.4%** | **Media & Entertainment - 5.4%** |  |
| Auto Trader Group PLC - ADR | 771940 | 1582477 |
| Baidu, Inc. - ADR <sup>(a)(b)</sup> | 17465 | 2041484 |
| Bilibili, Inc. - ADR <sup>(a)(b)</sup> | 9800 | 260778 |
| Criteo SA - ADR <sup>(b)</sup> | 31959 | 635345 |
| DouYu International Holdings Ltd. - ADR | 11392 | 81225 |
| Hello Group, Inc. - ADR | 54441 | 378909 |
| JOYY, Inc. - ADR | 21207 | 1338586 |
| LY Corp. - ADR | 4947 | 26466 |
| NetEase, Inc. - ADR | 26840 | 3705262 |
| Nintendo Co. Ltd. - ADR <sup>(a)</sup> | 169899 | 3595063 |
| Publicis Groupe SA - ADR <sup>(a)</sup> | 16267 | 397403 |
| Sohu.com Ltd. - ADR <sup>(b)</sup> | 8250 | 127215 |
| Tencent Holdings Ltd. - ADR | 416518 | 32921583 |
| Tencent Music Entertainment Group - ADR | 44046 | 812649 |
| Universal Music Group NV - ADR | 156407 | 1997317 |
| Weibo Corp. - ADR <sup>(a)</sup> | 84267 | 837614 |
| WPP PLC - ADR | 15141 | 303880 |
| Yalla Group Ltd. - ADR <sup>(b)</sup> | 64823 | 459595 |
| Zhihu, Inc. - ADR <sup>(b)</sup> | 26808 | 98921 |
|  |  | 51601772 |
| **Pharmaceuticals, Biotechnology & Life Sciences - 8.3%** | **Pharmaceuticals, Biotechnology & Life Sciences - 8.3%** |  |
| Argenx SE - ADR <sup>(b)</sup> | 4209 | 3838524 |
| Ascendis Pharma AS - ADR <sup>(a)(b)</sup> | 2939 | 624038 |
| Astellas Pharma, Inc. - ADR | 18072 | 226804 |
| AstraZeneca PLC - ADR | 141949 | 13161511 |
| AstraZeneca PLC <sup>(b)(c)</sup> | 14065 | 2813 |
| Bayer AG - ADR | 83033 | 731106 |
| Belite Bio, Inc. - ADR <sup>(a)(b)</sup> | 3051 | 419329 |
| BeOne Medicines Ltd. - ADR <sup>(a)(b)</sup> | 6479 | 2206812 |
| Chugai Pharmaceutical Co. Ltd. - ADR | 34777 | 929241 |
| CSL Ltd. - ADR | 32738 | 1999431 |
| Daiichi Sankyo Co. Ltd. - ADR | 30190 | 742674 |
| Dr Reddy's Laboratories Ltd. - ADR <sup>(a)</sup> | 120340 | 1690777 |
| Galapagos NV - ADR <sup>(a)(b)</sup> | 13886 | 434909 |
| Genmab AS - ADR <sup>(a)(b)</sup> | 37221 | 1204472 |
| Grifols SA - ADR | 44541 | 394188 |
| GSK PLC - ADR <sup>(a)</sup> | 80036 | 3830523 |
| Haleon PLC - ADR <sup>(a)</sup> | 302885 | 2962215 |
| Lonza Group AG - ADR | 4098 | 280836 |
| Merck KGaA - ADR | 21211 | 572483 |
| Mesoblast Ltd. - ADR <sup>(a)(b)</sup> | 3893 | 67076 |
| NovaBridge Biosciences - ADR <sup>(a)(b)</sup> | 8193 | 31461 |
| Novartis AG - ADR | 54107 | 7055553 |
| Novo Nordisk AS - ADR <sup>(a)</sup> | 188754 | 9315010 |
| Otsuka Holdings Co. Ltd. - ADR | 3005 | 85132 |
| Roche Holding AG - ADR <sup>(a)</sup> | 268007 | 12818775 |
| Sandoz Group AG - ADR | 13808 | 979539 |
| Sanofi SA - ADR | 120881 | 6029544 |
| Sartorius AG - ADR <sup>(a)</sup> | 20171 | 1172339 |
| Shionogi & Co. Ltd. - ADR | 2065 | 17730 |
| Takeda Pharmaceutical Co. Ltd. - ADR <sup>(a)</sup> | 184571 | 2661514 |
| Teva Pharmaceutical Industries Ltd. - ADR <sup>(b)</sup> | 31234 | 839882 |
| UCB SA - ADR <sup>(a)</sup> | 4813 | 670877 |
| Wuxi Biologics Cayman, Inc. - ADR <sup>(b)</sup> | 27039 | 219016 |
| Zai Lab Ltd. - ADR <sup>(b)</sup> | 7936 | 161974 |
|  |  | 78378108 |
| **Real Estate Management & Development - 0.5%** | **Real Estate Management & Development - 0.5%** |  |
| Corp. Inmobiliaria Vesta SAB de CV - ADR | 5091 | 158585 |
| Daiwa House Industry Co. Ltd. - ADR | 44270 | 1510050 |
| IRSA Inversiones y Representaciones SA - ADR | 32209 | 497629 |
| KE Holdings, Inc. - ADR | 38293 | 659788 |
| Mitsubishi Estate Co. Ltd. - ADR | 1917 | 45184 |
| Mitsui Fudosan Co. Ltd. - ADR <sup>(a)</sup> | 1994 | 70169 |
| Sun Hung Kai Properties Ltd. - ADR | 107451 | 1367851 |
| Vonovia SE - ADR | 3194 | 48325 |
|  |  | 4357581 |
| **Semiconductors & Semiconductor Equipment - 12.4%** | **Semiconductors & Semiconductor Equipment - 12.4%** |  |
| Advantest Corp. - ADR <sup>(a)</sup> | 22333 | 2965599 |
| ARM Holdings PLC - ADR <sup>(b)</sup> | 2340 | 317211 |
| ASE Technology Holding Co. Ltd. - ADR <sup>(a)</sup> | 102643 | 1534513 |
| ASM International NV | 562 | 310398 |
| ASML Holding NV | 13633 | 14450980 |
| Disco Corp. - ADR | 24263 | 676283 |
| Himax Technologies, Inc. - ADR <sup>(a)</sup> | 70360 | 531922 |
| Infineon Technologies AG - ADR | 92489 | 3906735 |
| Lasertec Corp. - ADR | 1353 | 48870 |
| Renesas Electronics Corp. - ADR | 543962 | 3198497 |
| Silicon Motion Technology Corp. - ADR | 4343 | 386353 |
| STMicroelectronics NV <sup>(a)</sup> | 4318 | 99271 |
| Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | 292040 | 85132580 |
| Tokyo Electron Ltd. - ADR | 27048 | 2770797 |
| United Microelectronics Corp. - ADR <sup>(a)</sup> | 218529 | 1630226 |
|  |  | 117960235 |
| **Software & Services - 3.1%** | **Software & Services - 3.1%** |  |
| Accenture PLC - Class A | 7142 | 1785500 |
| Agora, Inc. - ADR <sup>(b)</sup> | 25696 | 92763 |
| Alarum Technologies Ltd. - ADR <sup>(b)</sup> | 3224 | 29532 |
| Capgemini SE - ADR | 88198 | 2755923 |
| Check Point Software Technologies Ltd. <sup>(b)</sup> | 10913 | 2038221 |
| Dassault Systemes SE - ADR | 10799 | 300968 |
| Fujitsu Ltd. - ADR <sup>(a)</sup> | 74080 | 1963120 |
| GDS Holdings Ltd. - ADR <sup>(a)(b)</sup> | 17333 | 588802 |
| Infosys Ltd. - ADR <sup>(a)</sup> | 142474 | 2490446 |
| Kingsoft Cloud Holdings Ltd. - ADR <sup>(a)(b)</sup> | 12337 | 152485 |
| Materialise NV - ADR <sup>(b)</sup> | 26293 | 158547 |
| Nice Ltd. - ADR <sup>(a)(b)</sup> | 6790 | 720215 |
| Nomura Research Institute Ltd. - ADR | 5093 | 203465 |
| Opera Ltd. - ADR <sup>(a)</sup> | 18904 | 257473 |
| Pony AI, Inc. - ADR <sup>(b)</sup> | 6666 | 91124 |
| Sage Group PLC - ADR | 1791 | 102732 |
| SAP SE - ADR <sup>(a)</sup> | 50216 | 12139718 |
| TOTVS SA - ADR | 108160 | 1734886 |
| Tuya, Inc. - ADR | 153757 | 345953 |
| Vnet Group, Inc. - ADR <sup>(a)(b)</sup> | 37687 | 336922 |
| Wipro Ltd. - ADR <sup>(a)</sup> | 226867 | 617078 |
| Xunlei Ltd. - ADR <sup>(b)</sup> | 34328 | 248191 |
|  |  | 29154064 |
| **Technology Hardware & Equipment - 1.8%** | **Technology Hardware & Equipment - 1.8%** |  |
| Canon, Inc. - ADR | 13707 | 403123 |
| FUJIFILM Holdings Corp. - ADR | 69546 | 744838 |
| Halma PLC - ADR | 21832 | 2093034 |
| Hexagon AB - ADR | 267074 | 3122095 |
| Lenovo Group Ltd. - ADR | 31691 | 791324 |
| LG Display Co. Ltd. - ADR <sup>(b)</sup> | 28186 | 122045 |
| Logitech International SA | 15856 | 1787447 |
| Murata Manufacturing Co. Ltd. - ADR | 141921 | 1460367 |
| Nokia Oyj - ADR <sup>(a)</sup> | 216466 | 1316113 |
| TDK Corp. - ADR | 73134 | 1203786 |
| Telefonaktiebolaget LM Ericsson - ADR <sup>(a)</sup> | 140709 | 1350806 |
| Xiaomi Corp. - ADR <sup>(b)</sup> | 95532 | 2544973 |
|  |  | 16939951 |
| **Telecommunication Services - 2.5%** | **Telecommunication Services - 2.5%** |  |
| America Movil SAB de CV - ADR <sup>(a)</sup> | 82351 | 1900661 |
| Cellnex Telecom SA - ADR | 5467 | 81677 |
| Chunghwa Telecom Co. Ltd. - ADR | 11564 | 483491 |
| Deutsche Telekom AG - ADR | 194624 | 6263000 |
| KDDI Corp. - ADR | 102261 | 1757867 |
| Koninklijke KPN NV - ADR | 4312 | 19490 |
| KT Corp. - ADR | 99393 | 1824855 |
| NTT, Inc. - ADR | 89632 | 2229148 |
| Singapore Telecommunications Ltd. - ADR | 8254 | 302922 |
| SK Telecom Co. Ltd. - ADR <sup>(a)</sup> | 43674 | 881778 |
| SoftBank Corp. - ADR | 3072 | 43960 |
| SoftBank Group Corp. - ADR | 52434 | 2821474 |
| Telefonica Brasil SA - ADR <sup>(a)</sup> | 42615 | 563370 |
| Telefonica SA - ADR <sup>(a)</sup> | 285220 | 1223594 |
| Telia Co. AB - ADR | 3409 | 27340 |
| Telstra Group Ltd. - ADR | 2927 | 47330 |
| TIM SA/Brazil - ADR | 49508 | 1162448 |
| Turkcell Iletisim Hizmetleri AS - ADR | 32082 | 179338 |
| VEON Ltd. - ADR <sup>(b)</sup> | 9923 | 529789 |
| Vodafone Group PLC - ADR | 102519 | 1278412 |
|  |  | 23621944 |
| **Transportation - 1.9%** | **Transportation - 1.9%** |  |
| Aena SME SA - ADR <sup>(a)</sup> | 90678 | 1231407 |
| AP Moller - Maersk AS - ADR <sup>(a)</sup> | 91448 | 910822 |
| Canadian Pacific Kansas City Ltd. | 27594 | 2002497 |
| Central Japan Railway Co. - ADR | 4406 | 60186 |
| Deutsche Post AG - ADR <sup>(a)</sup> | 52275 | 2724050 |
| DiDi Global, Inc. - ADR <sup>(b)</sup> | 167170 | 894360 |
| DSV AS - ADR | 8625 | 984889 |
| East Japan Railway Co. - ADR | 3806 | 49097 |
| Full Truck Alliance Co. Ltd. - ADR | 90468 | 1026812 |
| Grupo Aeroportuario del Centro Norte SAB de CV - ADR | 10861 | 1168209 |
| Grupo Aeroportuario del Pacifico SAB de CV - ADR <sup>(a)</sup> | 3246 | 770893 |
| Grupo Aeroportuario del Sureste SAB de CV - ADR | 4273 | 1290232 |
| International Consolidated Airlines Group SA - ADR | 6969 | 73648 |
| Kuehne + Nagel International AG - ADR <sup>(a)</sup> | 10503 | 421170 |
| Latam Airlines Group SA - ADR | 22256 | 1073407 |
| Nippon Yusen KK - ADR | 51966 | 327594 |
| Ryanair Holdings PLC - ADR | 27081 | 1845841 |
| ZTO Express Cayman, Inc. - ADR | 67361 | 1391005 |
|  |  | 18246119 |
| **Utilities - 2.4%** | **Utilities - 2.4%** |  |
| Axia Energia - ADR | 64911 | 762704 |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP - ADR | 103716 | 2734991 |
| Cia Energetica de Minas Gerais - ADR | 533739 | 1131527 |
| Cia Energetica de Minas Gerais - ADR | 32635 | 85667 |
| Cia Paranaense de Energia - Copel - ADR | 16749 | 178712 |
| E.ON SE - ADR | 55166 | 979748 |
| Ecogas Inversiones SA <sup>(b)(c)</sup> | 2884 | 0 |
| Empresa Distribuidora Y Comercializadora Norte - ADR <sup>(b)</sup> | 849 | 29503 |
| Enel Chile SA - ADR <sup>(a)</sup> | 153804 | 592145 |
| Enel SpA - ADR | 536685 | 5538589 |
| Iberdrola SA - ADR | 51085 | 4323834 |
| National Grid PLC - ADR <sup>(a)</sup> | 68975 | 5249687 |
| Pampa Energia SA - ADR <sup>(b)</sup> | 1470 | 133285 |
| RWE AG - ADR | 10016 | 511117 |
| SSE PLC - ADR | 5835 | 172658 |
| Veolia Environnement SA - ADR | 4658 | 79018 |
|  |  | 22503185 |
| **TOTAL COMMON STOCKS** (Cost $790,916,258) | **TOTAL COMMON STOCKS** (Cost $790,916,258) | 939049310 |
| **EXCHANGE TRADED FUNDS - 0.0%<sup>(d)</sup>** | **Shares** | **Value**  |
| Vanguard FTSE Developed Markets ETF | 6224 | 383212 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $385,686) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $385,686) | 383212 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 21.4%** | **Units** | **Value**  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.09% <sup>(e)</sup> | 202716191 | 202716191 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $202,716,191) | **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $202,716,191) | 202716191 |
| **MONEY MARKET FUNDS - 0.7%** | **Shares** | **Value**  |
| First American Government Obligations Fund - Class X, 3.92% <sup>(e)</sup> | 6593495 | 6593495 |
| **TOTAL MONEY MARKET FUNDS** (Cost $6,593,495) | **TOTAL MONEY MARKET FUNDS** (Cost $6,593,495) | 6593495 |
| **TOTAL INVESTMENTS - 121.1% (**Cost $1,000,611,630**)** | **TOTAL INVESTMENTS - 121.1% (**Cost $1,000,611,630**)** | 1148742208 |
| Liabilities in Excess of Other Assets - (21.1)% | Liabilities in Excess of Other Assets - (21.1)% | (200183053) |
| **TOTAL NET ASSETS - 100.0%** |  | $948559155 |

---

---

| |
|:---|
| Percentages are stated as a percent of net assets. |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

---

| |
|:---|
| AB - Aktiebolag |
| ADR - American Depositary Receipt |
| AG - Aktiengesellschaft |
| AS - Aksjeselskap |
| ASA - Advanced Subscription Agreement |
| KGaA - Kommanditgesellschaft auf Aktien |
| NV - Naamloze Vennootschap |
| OYJ - Julkinen Asakeyhtio |
| PCL - Public Company Limited |
| PLC - Public Limited Company |
| SA - Sociedad Anónima |
| SA/NV - Societe Anonime/Naamloze Vennootschap |
| SAA - Sociedad Anomina Abierta |
| SAB de CV - Sociedad Anónima Bursátil de Capital Variable |
| SE - Societas Europeae |
| SpA - Societa per Azioni |

---

(a) All or a portion of this security is on loan as of November 30, 2025. The fair value of these securities was $198,103,256.

(b) Non-income producing security.

(c) Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $2,813 or
 0.0% of net assets as of November 30, 2025.

(d) Represents less than 0.05% of net assets.

(e) The rate shown represents the 7-day annualized yield as of November 30, 2025.

------

#### Summary of Fair Value Disclosure as of November 30, 2025 (Unaudited)
ActivePassive International Equity ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of November 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3^</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $936993536 | $2052961 | $2813 | $939049310 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 383212 | – | – | 383212 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> | – | – | – | 202716191 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 6593495 | – | – | 6593495 |
| Total Investments | $943970243 | $2052961 | $2813 | $1148742208 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |
| Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There was a immaterial transfer into Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There was a immaterial transfer into Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There was a immaterial transfer into Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There was a immaterial transfer into Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There was a immaterial transfer into Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. |

---

---

| | |
|:---|:---|
| (a) | Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount of $202,716,191 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments. |
| ^ | The fund measures Level 3 activity as of the end of each financial reporting period. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Trust for Professional Managers

- **b. Investment Company Act file number:** 811-10401

- **c. CIK number of Registrant:** 0001141819

- **d. LEI of Registrant:** 549300O1N816L3GGRD45

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 513-520-5925

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

- **a. Name of Series:** ActivePassive International Equity ETF

- **b. EDGAR series identifier (if any):** S000075230

- **c. LEI of Series:** 549300UT08BF6KW7ZV25

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1151415488.63

**Total Liabilities:** $203185702.49

**Net Assets:** $948229786.14

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234092 | 4.78%                | 1.29%                | 0.01%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1581914.01              | $39733750.70                               |
| Month 2  | $1751861.22              | $9469717.65                                |
| Month 3  | $6269927.23              | $-7420029.87                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Hitachi Ltd                               | Hitachi Ltd                                               | CUSIP: 433578507<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |    103775 | NS      | $3319762.25   | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Holcim AG                                 | Holcim AG                                                 | CUSIP: 43475E105<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |    108463 | NS      | $2028258.10   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Honda Motor Co Ltd                        | Honda Motor Co Ltd                                        | CUSIP: 438128308<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | EC               | CORP              | JP        |     88696 | NS      | $2683054.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HKEX                                      | Hong Kong Exchanges & Clearing Ltd                        | CUSIP: 43858F109<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |     73011 | NS      | $3890026.08   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| NovaBridge Biosciences                    | NovaBridge Biosciences                                    | CUSIP: 44975P103<br>LEI: 549300L1A5T19703RR64 | Long             | EC               | CORP              | US        |      8193 | NS      | $31461.12     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Itau Unibanco Holding SA                  | Itau Unibanco Holding SA                                  | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |    543795 | NS      | $4241601.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corp                               | ITOCHU Corp                                               | CUSIP: 465717106<br>LEI: J48DJYXDTLHM30UMYI18 | Long             | EC               | CORP              | JP        |     20698 | NS      | $2482311.14   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| JOYY Inc                                  | JOYY Inc                                                  | CUSIP: 46591M109<br>LEI: 549300N6CHVU5CQZPW24 | Long             | EC               | CORP              | SG        |     21207 | NS      | $1338585.84   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| J Sainsbury PLC                           | J Sainsbury PLC                                           | CUSIP: 466249208<br>LEI: 213800VGZAAJIKJ9Y484 | Long             | EC               | CORP              | GB        |      2837 | NS      | $49165.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Japan Tobacco Inc                         | Japan Tobacco Inc                                         | CUSIP: 471105205<br>LEI: 353800Z0ENYBQO0XRJ31 | Long             | EC               | CORP              | JP        |      1802 | NS      | $33949.68     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Jardine Matheson Holdings Ltd             | Jardine Matheson Holdings Ltd                             | CUSIP: 471115402<br>LEI: 2138009KENVUNWOLPK41 | Long             | EC               | CORP              | HK        |      1026 | NS      | $67172.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                                | JD.com Inc                                                | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |    107024 | NS      | $3192525.92   | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| KB Financial Group Inc                    | KB Financial Group Inc                                    | CUSIP: 48241A105<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |     30491 | NS      | $2594479.19   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| KBC Group NV                              | KBC Group NV                                              | CUSIP: 48241F104<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | EC               | CORP              | BE        |      1077 | NS      | $66397.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KE Holdings Inc                           | KE Holdings Inc                                           | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |     38293 | NS      | $659788.39    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kao Corp                                  | Kao Corp                                                  | CUSIP: 485537401<br>LEI: 353800HM38HFCB8RGL63 | Long             | EC               | CORP              | JP        |     63738 | NS      | $513345.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kanzhun Ltd                               | Kanzhun Ltd                                               | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | CN        |     41246 | NS      | $911536.60    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kasikornbank PCL                          | Kasikornbank PCL                                          | CUSIP: 485785109<br>LEI: 5493004COSQ54937AW41 | Long             | EC               | CORP              | TH        |      8924 | NS      | $213911.85    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaspi.KZ JSC                              | Kaspi.KZ JSC                                              | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |      4544 | NS      | $351296.64    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kawasaki Heavy Industries Ltd             | Kawasaki Heavy Industries Ltd                             | CUSIP: 486359201<br>LEI: 5493008FFSI8SQ74AT93 | Long             | EC               | CORP              | JP        |      1611 | NS      | $40854.96     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| KDDI Corp                                 | KDDI Corp                                                 | CUSIP: 48667L106<br>LEI: 5299003FU7V4I45FU310 | Long             | EC               | CORP              | JP        |    102261 | NS      | $1757866.59   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Kering SA                                 | Kering SA                                                 | CUSIP: 492089107<br>LEI: 549300VGEJKB7SVUZR78 | Long             | EC               | CORP              | FR        |    190137 | NS      | $6466559.37   | 0.68%             |  |  |  | No            |                  1 | On Loan: —       |
| MS&AD Insurance Group Holdings            | MS&AD Insurance Group Holdings Inc                        | CUSIP: 553491101<br>LEI: 529900CXROT5S2HMMP26 | Long             | EC               | CORP              | JP        |     60177 | NS      | $1335327.63   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group            | Mitsubishi UFJ Financial Group Inc                        | CUSIP: 606822104<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |    276788 | NS      | $4367714.64   | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| Mitsui & Co Ltd                           | Mitsui & Co Ltd                                           | CUSIP: 606827202<br>LEI: 2NRSB4GOU9DD6CNW5R48 | Long             | EC               | CORP              | JP        |      3958 | NS      | $2101698.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Fudosan Co Ltd                     | Mitsui Fudosan Co Ltd                                     | CUSIP: 60683M109<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |      1994 | NS      | $70168.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Mizuho Financial Group Inc                | Mizuho Financial Group Inc                                | CUSIP: 60687Y109<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |    332884 | NS      | $2363476.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| NTT Inc                                   | NTT Inc                                                   | CUSIP: 654624105<br>LEI: 353800VHQU5VIXVUA841 | Long             | EC               | CORP              | JP        |     89632 | NS      | $2229147.84   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Norsk Hydro ASA                           | Norsk Hydro ASA                                           | CUSIP: 656531605<br>LEI: 549300N1SDN71ZZ8BO45 | Long             | EC               | CORP              | NO        |      8226 | NS      | $59391.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nova Minerals Ltd                         | Nova Minerals Ltd                                         | CUSIP: 66982D104<br>LEI: 529900JYOG0H83J30278 | Long             | EC               | CORP              | AU        |      6647 | NS      | $63478.85     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                               | Novartis AG                                               | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     54107 | NS      | $7055552.80   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                          | Novo Nordisk A/S                                          | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |    188754 | NS      | $9315009.90   | 0.98%             |  |  |  | No            |                  1 | On Loan: —       |
| Novonesis Novozymes B                     | Novonesis Novozymes B                                     | CUSIP: 670108109<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |      1649 | NS      | $103013.03    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Opera Ltd                                 | Opera Ltd                                                 | CUSIP: 68373M107<br>LEI: 5493001ULS7KDNNZ3W51 | Long             | EC               | CORP              | NO        |     18904 | NS      | $257472.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Oriental Land Co Ltd/Japan                | Oriental Land Co Ltd/Japan                                | CUSIP: 68620X104<br>LEI: 353800PIFKBZ6KTU5994 | Long             | EC               | CORP              | JP        |     19930 | NS      | $382656.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIX Corp                                 | ORIX Corp                                                 | CUSIP: 686330101<br>LEI: 35380016EMHNBOVYE123 | Long             | EC               | CORP              | JP        |     58917 | NS      | $1611379.95   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Orkla ASA                                 | Orkla ASA                                                 | CUSIP: 686331109<br>LEI: 549300PZS8G8RG6RVZ52 | Long             | EC               | CORP              | NO        |      3646 | NS      | $39201.79     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Otsuka Holdings Co Ltd                    | Otsuka Holdings Co Ltd                                    | CUSIP: 689164101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3005 | NS      | $85131.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Oversea-Chinese Banking Corp L            | Oversea-Chinese Banking Corp Ltd                          | CUSIP: 690333109<br>LEI: 5493007O3QFXCPOGWK22 | Long             | EC               | CORP              | SG        |      4860 | NS      | $139287.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pampa Energia SA                          | Pampa Energia SA                                          | CUSIP: 697660207<br>LEI: 254900QNIK0CVURGML24 | Long             | EC               | CORP              | AR        |      1470 | NS      | $133284.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan Pacific International Hold            | Pan Pacific International Holdings Corp                   | CUSIP: 69807K105<br>LEI: 529900QLHJM2E18A5763 | Long             | EC               | CORP              | JP        |      5963 | NS      | $71913.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Panasonic Holdings Corp                   | Panasonic Holdings Corp                                   | CUSIP: 69832A304<br>LEI: 254900GE1G59KGWPHX32 | Long             | EC               | CORP              | JP        |     50371 | NS      | $628881.94    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Pearson PLC                               | Pearson PLC                                               | CUSIP: 705015105<br>LEI: 2138004JBXWWJKIURC57 | Long             | EC               | CORP              | GB        |    122860 | NS      | $1618066.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Pernod Ricard SA                          | Pernod Ricard SA                                          | CUSIP: 714264306<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |     65077 | NS      | $1173338.31   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROBRAS                                 | Petroleo Brasileiro SA - Petrobras                        | CUSIP: 71654V101<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |    257849 | NS      | $3065824.61   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROBRAS                                 | Petroleo Brasileiro SA - Petrobras                        | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |    147188 | NS      | $1845737.52   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc                          | PDD Holdings Inc                                          | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | IE        |     46728 | NS      | $5424186.24   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PING AN                                   | Ping An Insurance Group Co of China Ltd                   | CUSIP: 72341E304<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |    150281 | NS      | $2200113.84   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Pony AI Inc                               | Pony AI Inc                                               | CUSIP: 732908108<br>LEI: 9845006P7613D2A61368 | Long             | EC               | CORP              | CN        |      6666 | NS      | $91124.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Publicis Groupe SA                        | Publicis Groupe SA                                        | CUSIP: 74463M106<br>LEI: 2138004KW8BV57III342 | Long             | EC               | CORP              | FR        |     16267 | NS      | $397402.81    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Qudian Inc                                | Qudian Inc                                                | CUSIP: 747798106<br>LEI: 549300MY8WXPOW8RKH11 | Long             | EC               | CORP              | CN        |     28362 | NS      | $136988.46    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| RLX Technology Inc                        | RLX Technology Inc                                        | CUSIP: 74969N103<br>LEI: 984500EG5DBB2F7F4002 | Long             | EC               | CORP              | CN        |     21486 | NS      | $53929.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| RWE AG                                    | RWE AG                                                    | CUSIP: 74975E303<br>LEI: 529900GB7KCA94ACC940 | Long             | EC               | CORP              | DE        |     10016 | NS      | $511116.48    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Reckitt Benckiser Group PLC               | Reckitt Benckiser Group PLC                               | CUSIP: 756255204<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |    280747 | NS      | $4371230.79   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Recruit Holdings Co Ltd                   | Recruit Holdings Co Ltd                                   | CUSIP: 75629J101<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |    319943 | NS      | $3266618.03   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX PLC                                  | RELX PLC                                                  | CUSIP: 759530108<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |    163182 | NS      | $6561548.22   | 0.69%             |  |  |  | No            |                  1 | On Loan: —       |
| Renesas Electronics Corp                  | Renesas Electronics Corp                                  | CUSIP: 75972B101<br>LEI: 5299000EPC47VJQOFB81 | Long             | EC               | CORP              | JP        |    543962 | NS      | $3198496.56   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Rentokil Initial PLC                      | Rentokil Initial PLC                                      | CUSIP: 760125104<br>LEI: 549300VN4WV7Z6T14K68 | Long             | EC               | CORP              | GB        |     54389 | NS      | $1503855.85   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Repsol SA                                 | Repsol SA                                                 | CUSIP: 76026T205<br>LEI: BSYCX13Y0NOTV14V9N85 | Long             | EC               | CORP              | ES        |      8374 | NS      | $155505.18    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Rheinmetall AG                            | Rheinmetall AG                                            | CUSIP: 76206K107<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |      6547 | NS      | $2222313.68   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Rio Tinto PLC                             | Rio Tinto PLC                                             | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     38031 | NS      | $2736330.45   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Roche Holding AG                          | Roche Holding AG                                          | CUSIP: 771195104<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |    268007 | NS      | $12818774.81  | 1.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Rolls-Royce Holdings PLC                  | Rolls-Royce Holdings PLC                                  | CUSIP: 775781206<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |    411724 | NS      | $5801191.16   | 0.61%             |  |  |  | No            |                  1 | On Loan: —       |
| Ryanair Holdings PLC                      | Ryanair Holdings PLC                                      | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |     27081 | NS      | $1845840.96   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Saab AB                                   | Saab AB                                                   | CUSIP: 78516J101<br>LEI: 549300ZHO4JCQQI13M69 | Long             | EC               | CORP              | SE        |     12261 | NS      | $308977.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Safran SA                                 | Safran SA                                                 | CUSIP: 786584102<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |     25072 | NS      | $2095016.32   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Sage Group PLC/The                        | Sage Group PLC/The                                        | CUSIP: 78663S201<br>LEI: 2138005RN5XYLTF8G138 | Long             | EC               | CORP              | GB        |      1791 | NS      | $102731.76    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandoz Group AG                           | Sandoz Group AG                                           | CUSIP: 799926100<br>LEI: 5493000JWK6XWFEUD320 | Long             | EC               | CORP              | CH        |     13808 | NS      | $979539.52    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandvik AB                                | Sandvik AB                                                | CUSIP: 800212201<br>LEI: 5299008ZUAXN43LVZF54 | Long             | EC               | CORP              | SE        |      2286 | NS      | $69137.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanlam Ltd                                | Sanlam Ltd                                                | CUSIP: 80104Q208<br>LEI: 37890014418406D9FC23 | Long             | EC               | CORP              | ZA        |     35655 | NS      | $382221.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                 | Sanofi SA                                                 | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    120881 | NS      | $6029544.28   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Qfin Holdings Inc                         | Qfin Holdings Inc                                         | CUSIP: 88557W101<br>LEI: 836800R59NKEPDR6I240 | Long             | EC               | CORP              | CN        |     27818 | NS      | $543285.54    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        | 202716191 | NS      | $202716191.00 | 21.38%            |  |  |  | No            |                  1 | On Loan: No      |
| Komatsu Ltd                               | Komatsu Ltd                                               | CUSIP: 500458401<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |     48867 | NS      | $1604792.28   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV             | Koninklijke Ahold Delhaize NV                             | CUSIP: 500467501<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |     32644 | NS      | $1351135.16   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Kone Oyj                                  | Kone Oyj                                                  | CUSIP: 50048H101<br>LEI: 2138001CNF45JP5XZK38 | Long             | EC               | CORP              | FI        |     27992 | NS      | $949348.69    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke KPN NV                        | Koninklijke KPN NV                                        | CUSIP: 780641205<br>LEI: 549300YO0JZHAL7FVP81 | Long             | EC               | CORP              | NL        |      4312 | NS      | $19490.24     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                             | AIA Group Ltd                                             | CUSIP: 001317205<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    124065 | NS      | $5175991.80   | 0.55%             |  |  |  | No            |                  1 | On Loan: —       |
| AIB Group PLC                             | AIB Group PLC                                             | CUSIP: 00135T104<br>LEI: 635400AKJBGNS5WNQL34 | Long             | EC               | CORP              | IE        |      3759 | NS      | $77322.63     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Agricultural Bank of China Ltd            | Agricultural Bank of China Ltd                            | CUSIP: 00850M102<br>LEI: 549300E7TSGLCOVSY746 | Long             | EC               | CORP              | CN        |     41011 | NS      | $767725.92    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Agora Inc                                 | Agora Inc                                                 | CUSIP: 00851L103<br>LEI: 5493001S8SBPD13GC964 | Long             | EC               | CORP              | CN        |     25696 | NS      | $92762.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Munich Re                                 | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | CUSIP: 626188106<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |    133034 | NS      | $1680219.42   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Murata Manufacturing Co Ltd               | Murata Manufacturing Co Ltd                               | CUSIP: 626425102<br>LEI: 529900QZG6DL8ZRI7140 | Long             | EC               | CORP              | JP        |    159575 | NS      | $1642026.75   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Naspers Ltd                               | Naspers Ltd                                               | CUSIP: 631512209<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |     27515 | NS      | $346138.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| National Australia Bank Ltd               | National Australia Bank Ltd                               | CUSIP: 632525408<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | EC               | CORP              | AU        |     33365 | NS      | $441418.95    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Mercedes-Benz Group AG                    | Mercedes-Benz Group AG                                    | CUSIP: 233825207<br>LEI: 529900R27DL06UVNT076 | Long             | EC               | CORP              | DE        |    126438 | NS      | $2130480.30   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitt            | LVMH Moet Hennessy Louis Vuitton SE                       | CUSIP: 502441306<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     51340 | NS      | $7611668.40   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| AMTD IDEA Group                           | AMTD IDEA Group                                           | CUSIP: 00180G304<br>LEI: 549300KHWPN26J8NTV43 | Long             | EC               | CORP              | HK        |      4409 | NS      | $4717.63      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AP Moller - Maersk A/S                    | AP Moller - Maersk A/S                                    | CUSIP: 00202F102<br>LEI: 549300D2K6PKKKXVNN73 | Long             | EC               | CORP              | DK        |     91448 | NS      | $910822.08    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Air Liquide SA                            | Air Liquide SA                                            | CUSIP: 009126202<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |    127165 | NS      | $4866604.55   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                 | Airbus SE                                                 | CUSIP: 009279100<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | FR        |     72049 | NS      | $4160829.75   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Akzo Nobel NV                             | Akzo Nobel NV                                             | CUSIP: 010199503<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |    107803 | NS      | $2330161.85   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Alfa Laval AB                             | Alfa Laval AB                                             | CUSIP: 015393101<br>LEI: 549300UCKT2UK88AG251 | Long             | EC               | CORP              | SE        |       380 | NS      | $17941.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                 | Alibaba Group Holding Ltd                                 | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |    147865 | NS      | $23259164.50  | 2.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Allianz SE                                | Allianz SE                                                | CUSIP: 018820100<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |    177237 | NS      | $7638914.70   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Alstom SA                                 | Alstom SA                                                 | CUSIP: 021244207<br>LEI: 96950032TUYMW11FB530 | Long             | EC               | CORP              | FR        |   1585114 | NS      | $4089594.12   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA                       | Amadeus IT Group SA                                       | CUSIP: 02263T104<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |      6375 | NS      | $468071.63    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambev SA                                  | Ambev SA                                                  | CUSIP: 02319V103<br>LEI: 549300TH5Q6VRP8OT012 | Long             | EC               | CORP              | BR        |    952997 | NS      | $2420612.38   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| America Movil SAB de CV                   | America Movil SAB de CV                                   | CUSIP: 02390A101<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |     82351 | NS      | $1900661.08   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Anglo American PLC                        | Anglo American PLC                                        | CUSIP: 03485P409<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |     56796 | NS      | $1074012.36   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lynas Rare Earths Ltd                     | Lynas Rare Earths Ltd                                     | CUSIP: 551073307<br>LEI: 529900SGT9M1FJPXXI35 | Long             | EC               | CORP              | AU        |     16294 | NS      | $156422.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| M3 Inc                                    | M3 Inc                                                    | CUSIP: 55379N106<br>LEI: 3538001UOKRWIODYM055 | Long             | EC               | CORP              | JP        |    220300 | NS      | $1804257.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Anhui Conch Cement Co Ltd                 | Anhui Conch Cement Co Ltd                                 | CUSIP: 035243104<br>LEI: 300300JVKW56SSAEQZ33 | Long             | EC               | CORP              | CN        |     29697 | NS      | $446048.94    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev SA/NV                | Anheuser-Busch InBev SA/NV                                | CUSIP: 03524A108<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |     51035 | NS      | $3140183.55   | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| ANTA Sports Products Ltd                  | ANTA Sports Products Ltd                                  | CUSIP: 03662P107<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | CN        |      2046 | NS      | $560256.18    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ANZ Group Holdings Ltd                    | ANZ Group Holdings Ltd                                    | CUSIP: 03736N104<br>LEI: 9845005D9C6BAA10BK72 | Long             | EC               | CORP              | AU        |      7623 | NS      | $174414.24    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| BAE Systems PLC                           | BAE Systems PLC                                           | CUSIP: 05523R107<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     23125 | NS      | $1982043.75   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                                 | Baidu Inc                                                 | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | CN        |     17465 | NS      | $2041483.85   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Banco BBVA Argentina SA                   | Banco BBVA Argentina SA                                   | CUSIP: 058934100<br>LEI: 579100KKDBKJFDKKD024 | Long             | EC               | CORP              | AR        |      2875 | NS      | $46172.50     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco SA                         | Banco Bradesco SA                                         | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |    421378 | NS      | $1559098.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DiDi Global Inc                           | DiDi Global Inc                                           | CUSIP: 23292E108<br>LEI: 8368006Y2DHY77ADSY31 | Long             | EC               | CORP              | CN        |    167170 | NS      | $894359.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd                    | DBS Group Holdings Ltd                                    | CUSIP: 23304Y100<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |     21376 | NS      | $3585824.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| DNB Bank ASA                              | DNB Bank ASA                                              | CUSIP: 23341C103<br>LEI: 549300GKFG0RYRRQ1414 | Long             | EC               | CORP              | NO        |       905 | NS      | $24208.75     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Daikin Industries Ltd                     | Daikin Industries Ltd                                     | CUSIP: 23381B106<br>LEI: 549300Y7FWSTSHMW5Y57 | Long             | EC               | CORP              | JP        |    131912 | NS      | $1713536.88   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Daimler Truck Holding AG                  | Daimler Truck Holding AG                                  | CUSIP: 23384L101<br>LEI: 529900PW78JIYOUBSR24 | Long             | EC               | CORP              | DE        |     49377 | NS      | $1049261.25   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Daiwa House Industry Co Ltd               | Daiwa House Industry Co Ltd                               | CUSIP: 234062206<br>LEI: 353800K9WXR9XRZJZI46 | Long             | EC               | CORP              | JP        |     44270 | NS      | $1510049.70   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                                 | Danone SA                                                 | CUSIP: 23636T100<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |     84501 | NS      | $1510032.87   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Dassault Systemes SE                      | Dassault Systemes SE                                      | CUSIP: 237545108<br>LEI: 96950065LBWY0APQIM86 | Long             | EC               | CORP              | FR        |     10799 | NS      | $300968.13    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Denso Corp                                | Denso Corp                                                | CUSIP: 24872B100<br>LEI: 549300RYPA10CQM3QK38 | Long             | EC               | CORP              | JP        |     16940 | NS      | $221914.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                        | Deutsche Boerse AG                                        | CUSIP: 251542106<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |     34353 | NS      | $925469.82    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                       | Deutsche Telekom AG                                       | CUSIP: 251566105<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |    194624 | NS      | $6263000.32   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                          | Deutsche Post AG                                          | CUSIP: 25157Y202<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |     52275 | NS      | $2724050.25   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Diageo PLC                                | Diageo PLC                                                | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |     38867 | NS      | $3560605.87   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| DingDong Cayman Ltd                       | DingDong Cayman Ltd                                       | CUSIP: 25445D101<br>LEI: 549300S41MY2F7SBDG73 | Long             | EC               | CORP              | CN        |     92076 | NS      | $158370.72    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Diploma PLC                               | Diploma PLC                                               | CUSIP: 25455X104<br>LEI: 2138008OGI7VYG8FGR19 | Long             | EC               | CORP              | GB        |    135028 | NS      | $2449407.92   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Disco Corp                                | Disco Corp                                                | CUSIP: 25461D100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     24263 | NS      | $676282.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr Reddy's Laboratories Ltd               | Dr Reddy's Laboratories Ltd                               | CUSIP: 256135203<br>LEI: 335800OVDPY3DVZR2798 | Long             | EC               | CORP              | IN        |    120340 | NS      | $1690777.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| DouYu International Holdings L            | DouYu International Holdings Ltd                          | CUSIP: 25985W204<br>LEI: 549300M2ADOHTIMACT54 | Long             | EC               | CORP              | CN        |     11392 | NS      | $81224.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DRDGOLD Ltd                               | DRDGOLD Ltd                                               | CUSIP: 26152H301<br>LEI: 529900Z0P3GRRN23MG34 | Long             | EC               | CORP              | ZA        |     19034 | NS      | $574446.12    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DSV A/S                                   | DSV A/S                                                   | CUSIP: 26251A108<br>LEI: 529900X41C0BSLK67H70 | Long             | EC               | CORP              | DK        |      8625 | NS      | $984888.75    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| E.ON SE                                   | E.ON SE                                                   | CUSIP: 268780103<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | EC               | CORP              | DE        |     55166 | NS      | $979748.16    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| East Japan Railway Co                     | East Japan Railway Co                                     | CUSIP: 273202101<br>LEI: 353800SENYJ2DSM6PS44 | Long             | EC               | CORP              | JP        |      3806 | NS      | $49097.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC                         | HSBC Holdings PLC                                         | CUSIP: 404280406<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |     92387 | NS      | $6574258.92   | 0.69%             |  |  |  | No            |                  1 | On Loan: —       |
| Hoya Corp                                 | Hoya Corp                                                 | CUSIP: 443251103<br>LEI: 353800X4VR3BHEUCJB42 | Long             | EC               | CORP              | JP        |     20921 | NS      | $3148192.08   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| IperionX Ltd                              | IperionX Ltd                                              | CUSIP: 44916E100<br>LEI: 98450096B1C9E094C832 | Long             | EC               | CORP              | AU        |      2273 | NS      | $76827.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| IMCD NV                                   | IMCD NV                                                   | CUSIP: 44970W103<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |     17461 | NS      | $782951.24    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| IRSA Inversiones y Representac            | IRSA Inversiones y Representaciones SA                    | CUSIP: 450047303<br>LEI: 549300QJINFBX83IZ837 | Long             | EC               | CORP              | AR        |     32209 | NS      | $497629.05    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                              | Iberdrola SA                                              | CUSIP: 450737101<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |     51085 | NS      | $4323834.40   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                            | ICICI Bank Ltd                                            | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |    136215 | NS      | $4253994.45   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Impala Platinum Holdings Ltd              | Impala Platinum Holdings Ltd                              | CUSIP: 452553308<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |     38346 | NS      | $479325.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Brands PLC                       | Imperial Brands PLC                                       | CUSIP: 45262P102<br>LEI: 549300DFVPOB67JL3A42 | Long             | EC               | CORP              | GB        |     41768 | NS      | $1770545.52   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Industria de Diseno Textil SA             | Industria de Diseno Textil SA                             | CUSIP: 455793109<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |    159928 | NS      | $2246988.40   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| ICBC                                      | Industrial & Commercial Bank of China Ltd                 | CUSIP: 455807107<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               | CORP              | CN        |    141742 | NS      | $2350082.36   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Infineon Technologies AG                  | Infineon Technologies AG                                  | CUSIP: 45662N103<br>LEI: TSI2PJM6EPETEQ4X1U25 | Long             | EC               | CORP              | DE        |     92489 | NS      | $3906735.36   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                               | Infosys Ltd                                               | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |    142474 | NS      | $2490445.52   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| ING Groep NV                              | ING Groep NV                                              | CUSIP: 456837103<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |    102723 | NS      | $2664634.62   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Inpex Corp                                | Inpex Corp                                                | CUSIP: 45790H101<br>LEI: 353800VHYYADPR6MXQ47 | Long             | EC               | CORP              | JP        |     40416 | NS      | $850756.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| InterContinental Hotels Group             | InterContinental Hotels Group PLC                         | CUSIP: 45857P806<br>LEI: 2138007ZFQYRUSLU3J98 | Long             | EC               | CORP              | GB        |     27137 | NS      | $3641242.66   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| International Consolidated Air            | International Consolidated Airlines Group SA              | CUSIP: 459348108<br>LEI: 959800TZHQRUSH1ESL13 | Long             | EC               | CORP              | GB        |      6969 | NS      | $73648.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Intesa Sanpaolo SpA                       | Intesa Sanpaolo SpA                                       | CUSIP: 46115H107<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |    112248 | NS      | $4526961.84   | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Isuzu Motors Ltd                          | Isuzu Motors Ltd                                          | CUSIP: 465254209<br>LEI: 529900C0QSXVCC7AR494 | Long             | EC               | CORP              | JP        |      3308 | NS      | $52067.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NIO Inc                                   | NIO Inc                                                   | CUSIP: 62914V106<br>LEI: 549300JBU4TV5OCKJV96 | Long             | EC               | CORP              | CN        |     68495 | NS      | $376722.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| NN Group NV                               | NN Group NV                                               | CUSIP: 629334103<br>LEI: 724500OHYNDT9OY6Q215 | Long             | EC               | CORP              | NL        |      1785 | NS      | $64706.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC                         | National Grid PLC                                         | CUSIP: 636274409<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |     68975 | NS      | $5249687.25   | 0.55%             |  |  |  | No            |                  1 | On Loan: —       |
| NatWest Group PLC                         | NatWest Group PLC                                         | CUSIP: 639057207<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |    257542 | NS      | $4308677.66   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                 | Nestle SA                                                 | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     76738 | NS      | $7641570.04   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc                               | NetEase Inc                                               | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |     26840 | NS      | $3705262.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| New Oriental Education & Techn            | New Oriental Education & Technology Group Inc             | CUSIP: 647581206<br>LEI: 529900NHZVBZQZ8EKN29 | Long             | EC               | CORP              | CN        |      5989 | NS      | $306277.46    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LuxExperience BV                          | LuxExperience BV                                          | CUSIP: 55406W103<br>LEI: N/A                  | Long             | EC               | CORP              | DE        |      7862 | NS      | $73981.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Macquarie Group Ltd                       | Macquarie Group Ltd                                       | CUSIP: 55607P204<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | EC               | CORP              | AU        |      1655 | NS      | $213536.38    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nice Ltd                                  | Nice Ltd                                                  | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | EC               | CORP              | IL        |      6790 | NS      | $720215.30    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| NIDEC CORP                                | NIDEC CORP                                                | CUSIP: 654090109<br>LEI: 353800IF171MZTNL6Y31 | Long             | EC               | CORP              | JP        |    116586 | NS      | $359084.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co Ltd                           | Nintendo Co Ltd                                           | CUSIP: 654445303<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |    169899 | NS      | $3595062.84   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Nippon Steel Corp                         | Nippon Steel Corp                                         | CUSIP: 65461T101<br>LEI: 35380065QWQ4U2V3PA33 | Long             | EC               | CORP              | JP        |    132657 | NS      | $535934.28    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Nippon Yusen KK                           | Nippon Yusen KK                                           | CUSIP: 654633304<br>LEI: 353800YPW4XM0ZN5I149 | Long             | EC               | CORP              | JP        |     51966 | NS      | $327593.66    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nitori Holdings Co Ltd                    | Nitori Holdings Co Ltd                                    | CUSIP: 65479L108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5573 | NS      | $48150.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nitto Denko Corp                          | Nitto Denko Corp                                          | CUSIP: 654802206<br>LEI: 3538009GX5P09USH2J25 | Long             | EC               | CORP              | JP        |      2324 | NS      | $57333.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Niu Technologies                          | Niu Technologies                                          | CUSIP: 65481N100<br>LEI: 549300NJKNSC80EVQ065 | Long             | EC               | CORP              | CN        |     19543 | NS      | $67814.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nokia Oyj                                 | Nokia Oyj                                                 | CUSIP: 654902204<br>LEI: 549300A0JPRWG1KI7U06 | Long             | EC               | CORP              | FI        |    216466 | NS      | $1316113.28   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Nomura Holdings Inc                       | Nomura Holdings Inc                                       | CUSIP: 65535H208<br>LEI: 549300B3CEAHYG7K8164 | Long             | EC               | CORP              | JP        |    197196 | NS      | $1494745.68   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Research Institute Ltd             | Nomura Research Institute Ltd                             | CUSIP: 65538C206<br>LEI: 5299005F1HCVF4M4QN79 | Long             | EC               | CORP              | JP        |      5093 | NS      | $203465.35    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordea Bank Abp                           | Nordea Bank Abp                                           | CUSIP: 65558R109<br>LEI: 529900ODI3047E2LIV03 | Long             | EC               | CORP              | FI        |     22811 | NS      | $407404.46    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alarum Technologies Ltd                   | Alarum Technologies Ltd                                   | CUSIP: 78643B500<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      3224 | NS      | $29531.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank AG                          | Deutsche Bank AG                                          | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |    114312 | NS      | $4066077.84   | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| MBRF Global Foods Company SA              | MBRF Global Foods Company SA                              | CUSIP: 56656T105<br>LEI: 391200219USWMOBN3F92 | Long             | EC               | CORP              | BR        |     80231 | NS      | $292843.15    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Marks & Spencer Group PLC                 | Marks & Spencer Group PLC                                 | CUSIP: 570912105<br>LEI: 213800EJP14A79ZG1X44 | Long             | EC               | CORP              | GB        |      2744 | NS      | $25189.92     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                   | Aon PLC                                                   | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | GB        |      7454 | NS      | $2638119.68   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                      | Taiwan Semiconductor Manufacturing Co Ltd                 | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    292040 | NS      | $85132580.40  | 8.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Motor Corp                         | Toyota Motor Corp                                         | CUSIP: 892331307<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |     43496 | NS      | $8780537.52   | 0.93%             |  |  |  | No            |                  1 | On Loan: —       |
| Trip.com Group Ltd                        | Trip.com Group Ltd                                        | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | SG        |     42090 | NS      | $2942932.80   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkcell Iletisim Hizmetleri A            | Turkcell Iletisim Hizmetleri AS                           | CUSIP: 900111204<br>LEI: 7890003EX1LTLS2FFL84 | Long             | EC               | CORP              | TR        |     32082 | NS      | $179338.38    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tuya Inc                                  | Tuya Inc                                                  | CUSIP: 90114C107<br>LEI: 254900XKWS2MIZHXCO08 | Long             | EC               | CORP              | CN        |    153757 | NS      | $345953.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UCB SA                                    | UCB SA                                                    | CUSIP: 903480101<br>LEI: 2138008J191VLSGY5A09 | Long             | EC               | CORP              | BE        |      4813 | NS      | $670876.86    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Ultrapar Participacoes SA                 | Ultrapar Participacoes SA                                 | CUSIP: 90400P101<br>LEI: 529900FU4XBXGQMLRE72 | Long             | EC               | CORP              | BR        |     97479 | NS      | $400638.69    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Unicharm Corp                             | Unicharm Corp                                             | CUSIP: 90460M204<br>LEI: 353800UQ4BZIJTAQEG85 | Long             | EC               | CORP              | JP        |     33954 | NS      | $97447.98     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                             | UniCredit SpA                                             | CUSIP: 904678406<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |     48525 | NS      | $1811438.25   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                              | Unilever PLC                                              | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    130386 | NS      | $7900087.74   | 0.83%             |  |  |  | No            |                  1 | On Loan: —       |
| United Microelectronics Corp              | United Microelectronics Corp                              | CUSIP: 910873405<br>LEI: 391200YJCAGH9LF96P73 | Long             | EC               | CORP              | TW        |    218529 | NS      | $1630226.34   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| UBS Group AG                              | UBS Group AG                                              | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |     61356 | NS      | $2368341.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Marubeni Corp                             | Marubeni Corp                                             | CUSIP: 573810207<br>LEI: 4P4N3ORD02UGQT1T1W12 | Long             | EC               | CORP              | JP        |      2344 | NS      | $618394.08    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Materialise NV                            | Materialise NV                                            | CUSIP: 57667T100<br>LEI: 5493004CXYDPCZ5RQK28 | Long             | EC               | CORP              | BE        |     26293 | NS      | $158546.79    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                                   | Meituan                                                   | CUSIP: 58533E103<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |    151930 | NS      | $3919794.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| Melco Resorts & Entertainment             | Melco Resorts & Entertainment Ltd                         | CUSIP: 585464100<br>LEI: 529900NRV6LBR3T6B421 | Long             | EC               | CORP              | HK        |     57582 | NS      | $524572.02    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck KGaA                                | Merck KGaA                                                | CUSIP: 589339209<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |     21211 | NS      | $572482.77    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mesoblast Ltd                             | Mesoblast Ltd                                             | CUSIP: 590717401<br>LEI: 529900J5ALF3JG921927 | Long             | EC               | CORP              | AU        |      3893 | NS      | $67076.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Michelin                                  | Cie Generale des Etablissements Michelin SCA              | CUSIP: 59410T106<br>LEI: 549300SOSI58J6VIW052 | Long             | EC               | CORP              | FR        |    162478 | NS      | $2649203.80   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Mitsubishi Corp                           | Mitsubishi Corp                                           | CUSIP: 606769404<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | EC               | CORP              | JP        |     31287 | NS      | $739624.68    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corp                  | Mitsubishi Electric Corp                                  | CUSIP: 606776201<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |     44712 | NS      | $2418024.96   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Estate Co Ltd                  | Mitsubishi Estate Co Ltd                                  | CUSIP: 606783207<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |      1917 | NS      | $45183.69     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Heavy Industries Lt            | Mitsubishi Heavy Industries Ltd                           | CUSIP: 606793404<br>LEI: 353800TJ98PCAZROVE69 | Long             | EC               | CORP              | JP        |     74089 | NS      | $1874451.70   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MINISO Group Holding Ltd                  | MINISO Group Holding Ltd                                  | CUSIP: 66981J102<br>LEI: 2549006PIKT2YKNBL092 | Long             | EC               | CORP              | CN        |      1266 | NS      | $25155.42     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Telecom Co Ltd                         | SK Telecom Co Ltd                                         | CUSIP: 78440P306<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |     43674 | NS      | $881778.06    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| SMC Corp                                  | SMC Corp                                                  | CUSIP: 78445W306<br>LEI: 353800O40V08DOZ70X62 | Long             | EC               | CORP              | JP        |    156049 | NS      | $2743341.42   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SSE PLC                                   | SSE PLC                                                   | CUSIP: 78467K107<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |      5835 | NS      | $172657.65    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shionogi & Co Ltd                         | Shionogi & Co Ltd                                         | CUSIP: 824667109<br>LEI: 35380049VXDTHZI3DY35 | Long             | EC               | CORP              | JP        |      2065 | NS      | $17730.09     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sibanye Stillwater Ltd                    | Sibanye Stillwater Ltd                                    | CUSIP: 82575P107<br>LEI: 378900F238434B74D281 | Long             | EC               | CORP              | ZA        |     44187 | NS      | $589012.71    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Silicon Motion Technology Corp            | Silicon Motion Technology Corp                            | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             | EC               | CORP              | TW        |      4343 | NS      | $386353.28    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SingTel                                   | Singapore Telecommunications Ltd                          | CUSIP: 82929R304<br>LEI: 2549003XJKIQO8YDYD89 | Long             | EC               | CORP              | SG        |      8254 | NS      | $302921.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith & Nephew PLC                        | Smith & Nephew PLC                                        | CUSIP: 83175M205<br>LEI: 213800ZTMDN8S67S1H61 | Long             | EC               | CORP              | GB        |     52556 | NS      | $1749063.68   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Smiths Group PLC                          | Smiths Group PLC                                          | CUSIP: 83238P203<br>LEI: 213800MJL6IPZS3ASA11 | Long             | EC               | CORP              | GB        |      5286 | NS      | $174279.42    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                       | Societe Generale SA                                       | CUSIP: 83364L109<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |    236315 | NS      | $3308410.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Group Corp                       | SoftBank Group Corp                                       | CUSIP: 83404D109<br>LEI: 5493003BZYYYCDIO0R13 | Long             | EC               | CORP              | JP        |     52434 | NS      | $2821473.54   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Corp                             | SoftBank Corp                                             | CUSIP: 83405K102<br>LEI: 353800M1YCTS9JRBJ535 | Long             | EC               | CORP              | JP        |      3072 | NS      | $43960.32     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sohu.com Ltd                              | Sohu.com Ltd                                              | CUSIP: 83410S108<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8250 | NS      | $127215.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sompo Holdings Inc                        | Sompo Holdings Inc                                        | CUSIP: 83540J101<br>LEI: 353800CWW4SRGEYEB512 | Long             | EC               | CORP              | JP        |    152241 | NS      | $2405407.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                           | Sony Group Corp                                           | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |    220309 | NS      | $6466069.15   | 0.68%             |  |  |  | No            |                  1 | On Loan: —       |
| Sonova Holding AG                         | Sonova Holding AG                                         | CUSIP: 83569C102<br>LEI: 5299004A0QNX7FBNHS61 | Long             | EC               | CORP              | CH        |      6080 | NS      | $303209.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Financial Group Inc                  | Sony Financial Group Inc                                  | CUSIP: 83571B100<br>LEI: 353800O7BDSU41WOZA60 | Long             | EC               | CORP              | JP        |       406 | NS      | $1904.14      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Bank Group Ltd                   | Standard Bank Group Ltd                                   | CUSIP: 853118206<br>LEI: 2549003PEZXUT7MDBU41 | Long             | EC               | CORP              | ZA        |     34317 | NS      | $527795.46    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                    | Standard Chartered PLC                                    | CUSIP: 853254100<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |     73121 | NS      | $3267046.28   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| STMicroelectronics NV                     | STMicroelectronics NV                                     | CUSIP: 861012102<br>LEI: 213800Z8NOHIKRI42W10 | Long             | EC               | CORP              | CH        |      4318 | NS      | $99270.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Subaru Corp                               | Subaru Corp                                               | CUSIP: 86428V104<br>LEI: 549300N244BVAEE6HH86 | Long             | EC               | CORP              | JP        |     29209 | NS      | $325680.35    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Corp                             | Sumitomo Corp                                             | CUSIP: 865613103<br>LEI: V82KK8NH1P0JS71FJC05 | Long             | EC               | CORP              | JP        |     28099 | NS      | $883151.57    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Electric Industries L            | Sumitomo Electric Industries Ltd                          | CUSIP: 865617203<br>LEI: 5493005SP87FL5TOS202 | Long             | EC               | CORP              | JP        |     11528 | NS      | $452358.72    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Sumitomo Mitsui Financial Grou            | Sumitomo Mitsui Financial Group Inc                       | CUSIP: 86562M209<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |    153386 | NS      | $2794692.92   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| LY Corp                                   | LY Corp                                                   | CUSIP: 98877X101<br>LEI: 52990078MD2OL792YM35 | Long             | EC               | CORP              | JP        |      4947 | NS      | $26466.45     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock PLC                      | Smurfit WestRock PLC                                      | CUSIP: N/A<br>LEI: 635400EGSEOPDW2EXS14       | Long             | EC               | CORP              | IE        |     44707 | NS      | $1595592.83   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                             | HDFC Bank Ltd                                             | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    276966 | NS      | $10197888.12  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidelberg Materials AG                   | Heidelberg Materials AG                                   | CUSIP: 42281P304<br>LEI: LZ2C6E0W5W7LQMX5ZI37 | Long             | EC               | CORP              | DE        |     40454 | NS      | $2080549.22   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Heineken Holding NV                       | Heineken Holding NV                                       | CUSIP: 423008101<br>LEI: 724500M1WJLFM9TYBS04 | Long             | EC               | CORP              | NL        |       414 | NS      | $14783.94     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken NV                               | Heineken NV                                               | CUSIP: 423012301<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |     59679 | NS      | $2428040.12   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Hello Group Inc                           | Hello Group Inc                                           | CUSIP: 423403104<br>LEI: 549300YMGLID32W48529 | Long             | EC               | CORP              | CN        |     54441 | NS      | $378909.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Erste Group Bank AG                       | Erste Group Bank AG                                       | CUSIP: 296036304<br>LEI: PQOH26KWDF7CG10L6792 | Long             | EC               | CORP              | AT        |     20522 | NS      | $1115986.36   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EssilorLuxottica SA                       | EssilorLuxottica SA                                       | CUSIP: 297284200<br>LEI: 549300M3VH1A3ER1TB49 | Long             | EC               | CORP              | FR        |     34981 | NS      | $6269294.82   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurobank Ergasias Services and            | Eurobank Ergasias Services and Holdings SA                | CUSIP: 29873D104<br>LEI: JEUVK5RWVJEN8W0C9M24 | Long             | EC               | CORP              | GR        |    200828 | NS      | $389606.32    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Evolution AB                              | Evolution AB                                              | CUSIP: 30051E104<br>LEI: 549300SUH6ZR1RF6TA88 | Long             | EC               | CORP              | SE        |      3208 | NS      | $219170.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Experian PLC                              | Experian PLC                                              | CUSIP: 30215C101<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | IE        |     68378 | NS      | $3009315.78   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| FANUC Corp                                | FANUC Corp                                                | CUSIP: 307305102<br>LEI: 529900QTSW745LOKW705 | Long             | EC               | CORP              | JP        |    244018 | NS      | $3914048.72   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Fast Retailing Co Ltd                     | Fast Retailing Co Ltd                                     | CUSIP: 31188H101<br>LEI: 353800ZCXKHDPY0N5218 | Long             | EC               | CORP              | JP        |     63747 | NS      | $2328677.91   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| FinVolution Group                         | FinVolution Group                                         | CUSIP: 31810T101<br>LEI: 3003000RAVUT809U6P08 | Long             | EC               | CORP              | CN        |    155631 | NS      | $776598.69    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund                | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   6593495 | NS      | $6593495.13   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano SAB            | Fomento Economico Mexicano SAB de CV                      | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |      2571 | NS      | $246661.74    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortescue Ltd                             | Fortescue Ltd                                             | CUSIP: 34959A206<br>LEI: 529900VEJFORCO6I4826 | Long             | EC               | CORP              | AU        |     35783 | NS      | $1004070.98   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Fresenius Medical Care AG                 | Fresenius Medical Care AG                                 | CUSIP: 358029106<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |     38799 | NS      | $928072.08    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Fresenius SE & Co KGaA                    | Fresenius SE & Co KGaA                                    | CUSIP: 35804M105<br>LEI: XDFJ0CYCOO1FXRFTQS51 | Long             | EC               | CORP              | DE        |      2905 | NS      | $39885.65     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FUJIFILM Holdings Corp                    | FUJIFILM Holdings Corp                                    | CUSIP: 35958N107<br>LEI: 529900UBKMFM0ST6H474 | Long             | EC               | CORP              | JP        |     69546 | NS      | $744837.66    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujitsu Ltd                               | Fujitsu Ltd                                               | CUSIP: 359590304<br>LEI: 3538000246DHJLRTUZ24 | Long             | EC               | CORP              | JP        |     74080 | NS      | $1963120.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Full Truck Alliance Co Ltd                | Full Truck Alliance Co Ltd                                | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               | CORP              | CN        |     90468 | NS      | $1026811.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Futu Holdings Ltd                         | Futu Holdings Ltd                                         | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               | CORP              | HK        |      2117 | NS      | $359170.22    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Galapagos NV                              | Galapagos NV                                              | CUSIP: 36315X101<br>LEI: 549300QKJ78IY0IOV655 | Long             | EC               | CORP              | BE        |     13886 | NS      | $434909.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| BASF SE                                   | BASF SE                                                   | CUSIP: 055262505<br>LEI: 529900PM64WH8AF1E917 | Long             | EC               | CORP              | DE        |     83964 | NS      | $1091532.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BBVA                                      | Banco Bilbao Vizcaya Argentaria SA                        | CUSIP: 05946K101<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |    199276 | NS      | $4294397.80   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Mining Corp                       | Barrick Mining Corp                                       | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |     13835 | NS      | $571938.90    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Bayer AG                                  | Bayer AG                                                  | CUSIP: 072730302<br>LEI: 549300J4U55H3WP1XT59 | Long             | EC               | CORP              | DE        |     83033 | NS      | $731105.57    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Beiersdorf AG                             | Beiersdorf AG                                             | CUSIP: 07724U103<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |      2661 | NS      | $57158.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Belite Bio Inc                            | Belite Bio Inc                                            | CUSIP: 07782B104<br>LEI: 984500BD54036BOEAE79 | Long             | EC               | CORP              | US        |      3051 | NS      | $419329.44    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| CK Hutchison Holdings Ltd                 | CK Hutchison Holdings Ltd                                 | CUSIP: 12562Y100<br>LEI: 254900Z8HM1VEPOQ2G79 | Long             | EC               | CORP              | HK        |    261658 | NS      | $1834222.58   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Carnival PLC                              | Carnival PLC                                              | CUSIP: 14365C103<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | EC               | CORP              | US        |     41736 | NS      | $994568.88    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrefour SA                              | Carrefour SA                                              | CUSIP: 144430204<br>LEI: 549300B8P6MUJ1YWTS08 | Long             | EC               | CORP              | FR        |      5384 | NS      | $16528.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellnex Telecom SA                        | Cellnex Telecom SA                                        | CUSIP: 15117X105<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |      5467 | NS      | $81676.98     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cemex SAB de CV                           | Cemex SAB de CV                                           | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |    247087 | NS      | $2666068.73   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Japan Railway Co                  | Central Japan Railway Co                                  | CUSIP: 153766100<br>LEI: 353800YAR3OVUITHTG64 | Long             | EC               | CORP              | JP        |      4406 | NS      | $60185.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Construction Bank Corp              | China Construction Bank Corp                              | CUSIP: 168919108<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |    265098 | NS      | $5604171.72   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co Ltd               | China Merchants Bank Co Ltd                               | CUSIP: 16950T102<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |     20823 | NS      | $700902.18    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chugai Pharmaceutical Co Ltd              | Chugai Pharmaceutical Co Ltd                              | CUSIP: 171269103<br>LEI: 529900T9LAII161DCN95 | Long             | EC               | CORP              | JP        |     34777 | NS      | $929241.44    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Chunghwa Telecom Co Ltd                   | Chunghwa Telecom Co Ltd                                   | CUSIP: 17133Q502<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11564 | NS      | $483490.84    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Clicks Group Ltd                          | Clicks Group Ltd                                          | CUSIP: 18682W205<br>LEI: 378900E967958A677472 | Long             | EC               | CORP              | ZA        |     49949 | NS      | $2021685.78   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Femsa SAB de CV                 | Coca-Cola Femsa SAB de CV                                 | CUSIP: 191241108<br>LEI: 5493008KEVFYPMGTXO33 | Long             | EC               | CORP              | MX        |     13917 | NS      | $1220660.07   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie de Saint-Gobain SA                    | Cie de Saint-Gobain SA                                    | CUSIP: 204280309<br>LEI: NFONVGN05Z0FMN5PEC35 | Long             | EC               | CORP              | FR        |    183315 | NS      | $3657134.25   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie Financiere Richemont SA               | Cie Financiere Richemont SA                               | CUSIP: 204319107<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |    206208 | NS      | $4371609.60   | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| Cia Energetica de Minas Gerais            | Cia Energetica de Minas Gerais                            | CUSIP: 204409601<br>LEI: 254900W703PXLDSEM056 | Long             | EC               | CORP              | BR        |    533739 | NS      | $1131526.68   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia Energetica de Minas Gerais            | Cia Energetica de Minas Gerais                            | CUSIP: 204409882<br>LEI: 254900W703PXLDSEM056 | Long             | EC               | CORP              | BR        |     32635 | NS      | $85666.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Saneamento Basico do Es            | Cia de Saneamento Basico do Estado de Sao Paulo SABESP    | CUSIP: 20441A102<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |    103716 | NS      | $2734990.92   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia Cervecerias Unidas SA                 | Cia Cervecerias Unidas SA                                 | CUSIP: 204429104<br>LEI: 529900BJW9B0O6LI2R39 | Long             | EC               | CORP              | CL        |     61260 | NS      | $819658.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Minas Buenaventura SAA             | Cia de Minas Buenaventura SAA                             | CUSIP: 204448104<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | EC               | CORP              | PE        |     50542 | NS      | $1252430.76   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Kerry Group PLC                           | Kerry Group PLC                                           | CUSIP: 492460100<br>LEI: 635400TLVVBNXLFHWC59 | Long             | EC               | CORP              | IE        |       414 | NS      | $38290.86     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingsoft Cloud Holdings Ltd               | Kingsoft Cloud Holdings Ltd                               | CUSIP: 49639K101<br>LEI: 875500HZE0VKCD0Z8K15 | Long             | EC               | CORP              | CN        |     12337 | NS      | $152485.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Kingspan Group PLC                        | Kingspan Group PLC                                        | CUSIP: 496402108<br>LEI: 635400HM7V74SUB9OG75 | Long             | EC               | CORP              | IE        |       878 | NS      | $75200.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technolog            | Check Point Software Technologies Ltd                     | CUSIP: N/A<br>LEI: 2549003ZVBH73EPNS513       | Long             | EC               | CORP              | IL        |     10913 | NS      | $2038221.01   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| POSCO Holdings Inc                        | POSCO Holdings Inc                                        | CUSIP: 693483109<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | KR        |     11054 | NS      | $586746.32    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus NV                                 | Prosus NV                                                 | CUSIP: 74365P108<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |    309031 | NS      | $3884519.67   | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| Prudential PLC                            | Prudential PLC                                            | CUSIP: 74435K204<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | HK        |    128692 | NS      | $3755232.56   | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Prysmian SpA                              | Prysmian SpA                                              | CUSIP: 74440L106<br>LEI: 529900X0H1IO3RS1A464 | Long             | EC               | CORP              | IT        |      9721 | NS      | $487896.99    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Valterra Platinum Ltd                     | Valterra Platinum Ltd                                     | CUSIP: 03486T202<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |     31443 | NS      | $361280.07    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                    | BP PLC                                                    | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |    143021 | NS      | $5163058.10   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                            | BNP Paribas SA                                            | CUSIP: 05565A202<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |    140483 | NS      | $6028125.53   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Co Ltd                                | BYD Co Ltd                                                | CUSIP: 05606L100<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    255264 | NS      | $3198457.92   | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| BeOne Medicines Ltd                       | BeOne Medicines Ltd                                       | CUSIP: 07725L102<br>LEI: 549300JFUK6FRD5MH739 | Long             | EC               | CORP              | US        |      6479 | NS      | $2206812.19   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Berkeley Group Holdings PLC               | Berkeley Group Holdings PLC                               | CUSIP: 08425P302<br>LEI: 2138009OQSSLVVHQAL78 | Long             | EC               | CORP              | GB        |     71359 | NS      | $712869.27    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| BHP Group Ltd                             | BHP Group Ltd                                             | CUSIP: 088606108<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |     81113 | NS      | $4439314.49   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Bilibili Inc                              | Bilibili Inc                                              | CUSIP: 090040106<br>LEI: 5493008V60M52L3PIS45 | Long             | EC               | CORP              | CN        |      9800 | NS      | $260778.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Brainsway Ltd                             | Brainsway Ltd                                             | CUSIP: 10501L106<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     16394 | NS      | $286731.06    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Brambles Ltd                              | Brambles Ltd                                              | CUSIP: 105105209<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     56273 | NS      | $1779521.08   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgestone Corp                          | Bridgestone Corp                                          | CUSIP: 108441205<br>LEI: 549300DHPOF90OYYD780 | Long             | EC               | CORP              | JP        |      3351 | NS      | $78681.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC              | British American Tobacco PLC                              | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |    137877 | NS      | $8087864.82   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunzl PLC                                 | Bunzl PLC                                                 | CUSIP: 120738406<br>LEI: 213800Q1Q9DV4L78UM09 | Long             | EC               | CORP              | GB        |      6985 | NS      | $99745.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bureau Veritas SA                         | Bureau Veritas SA                                         | CUSIP: 12117P109<br>LEI: 969500TPU5T3HA5D1F11 | Long             | EC               | CORP              | FR        |       641 | NS      | $40940.67     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CaixaBank SA                              | CaixaBank SA                                              | CUSIP: 12803K109<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | EC               | CORP              | ES        |     73881 | NS      | $271882.08    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City L            | Canadian Pacific Kansas City Ltd                          | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     27594 | NS      | $2002496.58   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Canon Inc                                 | Canon Inc                                                 | CUSIP: 138006309<br>LEI: 529900JH1GSC035SSP77 | Long             | EC               | CORP              | JP        |     13707 | NS      | $403122.87    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Capgemini SE                              | Capgemini SE                                              | CUSIP: 13961R100<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |     88198 | NS      | $2755922.91   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlsberg AS                              | Carlsberg AS                                              | CUSIP: 142795202<br>LEI: 5299001O0WJQYB5GYZ19 | Long             | EC               | CORP              | DK        |      1332 | NS      | $33206.76     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Carnival Corp                             | Carnival Corp                                             | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | US        |     80896 | NS      | $2085498.88   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| KT Corp                                   | KT Corp                                                   | CUSIP: 48268K101<br>LEI: 9884005ACF8449EANY26 | Long             | EC               | CORP              | KR        |     99393 | NS      | $1824855.48   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Philips NV                    | Koninklijke Philips NV                                    | CUSIP: 500472303<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | EC               | CORP              | NL        |     84212 | NS      | $2371409.83   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Kubota Corp                               | Kubota Corp                                               | CUSIP: 501173207<br>LEI: 549300CSY4INHEHQQT13 | Long             | EC               | CORP              | JP        |      4871 | NS      | $355095.90    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuehne + Nagel International A            | Kuehne + Nagel International AG                           | CUSIP: 501187108<br>LEI: 529900Q0YED3805QXQ66 | Long             | EC               | CORP              | CH        |     10503 | NS      | $421170.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| LG Display Co Ltd                         | LG Display Co Ltd                                         | CUSIP: 50186V102<br>LEI: 988400P37K91W0SABO95 | Long             | EC               | CORP              | KR        |     28186 | NS      | $122045.38    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Li Auto Inc                               | Li Auto Inc                                               | CUSIP: 50202M102<br>LEI: 2549003R73Q70J5H4I65 | Long             | EC               | CORP              | CN        |     41390 | NS      | $761162.10    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| L'Oreal SA                                | L'Oreal SA                                                | CUSIP: 502117203<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |     38065 | NS      | $3316603.45   | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Lasertec Corp                             | Lasertec Corp                                             | CUSIP: 51809L109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1353 | NS      | $48870.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Latam Airlines Group SA                   | Latam Airlines Group SA                                   | CUSIP: 51817R205<br>LEI: 549300HX3UUDPEFTG707 | Long             | EC               | CORP              | CL        |     22256 | NS      | $1073406.88   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Legrand SA                                | Legrand SA                                                | CUSIP: 524671104<br>LEI: 969500XXRPGD7HCAFA90 | Long             | EC               | CORP              | FR        |     20965 | NS      | $635239.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lenovo Group Ltd                          | Lenovo Group Ltd                                          | CUSIP: 526250105<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | CN        |     31691 | NS      | $791324.27    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo SpA                              | Leonardo SpA                                              | CUSIP: 52660W101<br>LEI: 529900X4EEX1U9LN3U39 | Long             | EC               | CORP              | IT        |     18901 | NS      | $518454.43    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LexinFintech Holdings Ltd                 | LexinFintech Holdings Ltd                                 | CUSIP: 528877103<br>LEI: 549300F9QU71NQ28CS19 | Long             | EC               | CORP              | CN        |     84024 | NS      | $276438.96    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lloyds Banking Group PLC                  | Lloyds Banking Group PLC                                  | CUSIP: 539439109<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EC               | CORP              | GB        |    547640 | NS      | $2792964.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PL            | London Stock Exchange Group PLC                           | CUSIP: 54211Y107<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |     94866 | NS      | $2826058.14   | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Lonza Group AG                            | Lonza Group AG                                            | CUSIP: 54338V101<br>LEI: 549300EFW4H2TCZ71055 | Long             | EC               | CORP              | CH        |      4098 | NS      | $280835.94    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Luckin Coffee Inc                         | Luckin Coffee Inc                                         | CUSIP: 54951L109<br>LEI: 549300FO16ASCVSMYI15 | Long             | EC               | CORP              | CN        |     21123 | NS      | $768877.20    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lufax Holding Ltd                         | Lufax Holding Ltd                                         | CUSIP: 54975P201<br>LEI: 254900TYH7RTK8E9NH16 | Long             | EC               | CORP              | CN        |     91580 | NS      | $228950.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                | Siemens AG                                                | CUSIP: 826197501<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |     63283 | NS      | $8393857.12   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                         | Siemens Energy AG                                         | CUSIP: 82621A104<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |     16751 | NS      | $2239273.68   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Healthineers AG                   | Siemens Healthineers AG                                   | CUSIP: 82622J104<br>LEI: 529900QBVWXMWANH7H45 | Long             | EC               | CORP              | DE        |      2142 | NS      | $53207.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Sika AG                                   | Sika AG                                                   | CUSIP: 82674R103<br>LEI: 549300R3N69ECGYPU434 | Long             | EC               | CORP              | CH        |      3053 | NS      | $60052.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Hung Kai Properties Ltd               | Sun Hung Kai Properties Ltd                               | CUSIP: 86676H302<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |    107451 | NS      | $1367851.23   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Suntory Beverage & Food Ltd               | Suntory Beverage & Food Ltd                               | CUSIP: 86803T104<br>LEI: 549300FONLMVK7YYYH41 | Long             | EC               | CORP              | JP        |      1555 | NS      | $24537.90     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Svenska Handelsbanken AB                  | Svenska Handelsbanken AB                                  | CUSIP: 86959C103<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | EC               | CORP              | SE        |      6878 | NS      | $47437.57     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzano SA                                 | Suzano SA                                                 | CUSIP: 86959K105<br>LEI: 391200AW174YQSDMGG41 | Long             | EC               | CORP              | BR        |     42471 | NS      | $380115.45    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Suzuki Motor Corp                         | Suzuki Motor Corp                                         | CUSIP: 86959X107<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |     22209 | NS      | $1395613.56   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedbank AB                               | Swedbank AB                                               | CUSIP: 870195104<br>LEI: M312WZV08Y7LYUC71685 | Long             | EC               | CORP              | SE        |      1082 | NS      | $34494.16     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Re AG                               | Swiss Re AG                                               | CUSIP: 870886108<br>LEI: 529900PS9YW3YY29F326 | Long             | EC               | CORP              | CH        |     26069 | NS      | $1149903.59   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Symrise AG                                | Symrise AG                                                | CUSIP: 87155N109<br>LEI: 529900D82I6R9601CF26 | Long             | EC               | CORP              | DE        |      3007 | NS      | $62214.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TDK Corp                                  | TDK Corp                                                  | CUSIP: 872351408<br>LEI: 3538005O8WNU39U8NX03 | Long             | EC               | CORP              | JP        |     73134 | NS      | $1203785.64   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd              | Takeda Pharmaceutical Co Ltd                              | CUSIP: 874060205<br>LEI: 549300ZLMVP4X0OGR454 | Long             | EC               | CORP              | JP        |    184571 | NS      | $2661513.82   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| TAL Education Group                       | TAL Education Group                                       | CUSIP: 874080104<br>LEI: 5493003PJZS0EC085V72 | Long             | EC               | CORP              | CN        |     21303 | NS      | $234333.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Techtronic Industries Co Ltd              | Techtronic Industries Co Ltd                              | CUSIP: 87873R101<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |      4657 | NS      | $273459.04    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonica Brasil SA                      | Telefonica Brasil SA                                      | CUSIP: 87936R205<br>LEI: 529900MTGG2HSDBIWG79 | Long             | EC               | CORP              | BR        |     42615 | NS      | $563370.30    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Telefonica SA                             | Telefonica SA                                             | CUSIP: 879382208<br>LEI: 549300EEJH4FEPDBBR25 | Long             | EC               | CORP              | ES        |    285220 | NS      | $1223593.80   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Telia Co AB                               | Telia Co AB                                               | CUSIP: 87960M205<br>LEI: 213800FSR9RNDUOTXO25 | Long             | EC               | CORP              | SE        |      3409 | NS      | $27340.18     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Telstra Group Ltd                         | Telstra Group Ltd                                         | CUSIP: 8796VP105<br>LEI: 894500WRW54CVN62K416 | Long             | EC               | CORP              | AU        |      2927 | NS      | $47329.59     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris SA                                | Tenaris SA                                                | CUSIP: 88031M109<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |     23676 | NS      | $952248.72    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Tencent Holdings Ltd                      | Tencent Holdings Ltd                                      | CUSIP: 88032Q109<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |    416518 | NS      | $32921582.72  | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| United Overseas Bank Ltd                  | United Overseas Bank Ltd                                  | CUSIP: 911271302<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | EC               | CORP              | SG        |     28564 | NS      | $1501609.48   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Music Group NV                  | Universal Music Group NV                                  | CUSIP: 91377B109<br>LEI: 724500GJBUL3D9TW9Y18 | Long             | EC               | CORP              | NL        |    156407 | NS      | $1997317.39   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Up Fintech Holding Ltd                    | Up Fintech Holding Ltd                                    | CUSIP: 91531W106<br>LEI: 213800JJDNMAG3L84P54 | Long             | EC               | CORP              | CN        |     14393 | NS      | $126946.26    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UPM-Kymmene Oyj                           | UPM-Kymmene Oyj                                           | CUSIP: 915436208<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |      5113 | NS      | $139533.77    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VEON Ltd                                  | VEON Ltd                                                  | CUSIP: 91822M502<br>LEI: 5493008CA3NMHYEVT131 | Long             | EC               | CORP              | AE        |      9923 | NS      | $529788.97    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                   | Vale SA                                                   | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    324561 | NS      | $4092714.21   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard FTSE Developed Market            | Vanguard FTSE Developed Markets ETF                       | CUSIP: 921943858<br>LEI: N/A                  | Long             | EC               | RF                | US        |      6224 | NS      | $383211.68    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VAT Group AG                              | VAT Group AG                                              | CUSIP: 92243F100<br>LEI: 529900MVFK7NVALR7Y83 | Long             | EC               | CORP              | CH        |     30012 | NS      | $1318727.28   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Veolia Environnement SA                   | Veolia Environnement SA                                   | CUSIP: 92334N103<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |      4658 | NS      | $79018.31     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestas Wind Systems A/S                   | Vestas Wind Systems A/S                                   | CUSIP: 925458101<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |     31978 | NS      | $252306.42    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WPP PLC                                   | WPP PLC                                                   | CUSIP: 92937A102<br>LEI: 549300LSGBXPYHXGDT93 | Long             | EC               | CORP              | GB        |     15141 | NS      | $303879.87    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodside Energy Group Ltd                 | Woodside Energy Group Ltd                                 | CUSIP: 980228308<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |     68078 | NS      | $1113756.08   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Woori Financial Group Inc                 | Woori Financial Group Inc                                 | CUSIP: 981064108<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     32655 | NS      | $1794392.25   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Wuxi Biologics Cayman Inc                 | Wuxi Biologics Cayman Inc                                 | CUSIP: 98260N108<br>LEI: 5493001TD2TH6VDTJU11 | Long             | EC               | CORP              | CN        |     27039 | NS      | $219015.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| X Financial                               | X Financial                                               | CUSIP: 98372W202<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     26786 | NS      | $184287.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Xunlei Ltd                                | Xunlei Ltd                                                | CUSIP: 98419E108<br>LEI: 529900PYSOIKBMQIQY91 | Long             | EC               | CORP              | CN        |     34328 | NS      | $248191.44    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiaomi Corp                               | Xiaomi Corp                                               | CUSIP: 98421U108<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | CN        |     95532 | NS      | $2544972.48   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| XPeng Inc                                 | XPeng Inc                                                 | CUSIP: 98422D105<br>LEI: 549300TZNMIREMWQU857 | Long             | EC               | CORP              | CN        |     44227 | NS      | $965475.41    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| YPF SA                                    | YPF SA                                                    | CUSIP: 984245100<br>LEI: 5493003N7447U18U5U53 | Long             | EC               | CORP              | AR        |     16700 | NS      | $614894.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Yalla Group Ltd                           | Yalla Group Ltd                                           | CUSIP: 98459U103<br>LEI: 254900JO9GJYWVJTAX89 | Long             | EC               | CORP              | AE        |     64823 | NS      | $459595.07    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Yatsen Holding Ltd                        | Yatsen Holding Ltd                                        | CUSIP: 985194208<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     13041 | NS      | $81636.66     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Youdao Inc                                | Youdao Inc                                                | CUSIP: 98741T104<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     13112 | NS      | $132037.84    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zai Lab Ltd                               | Zai Lab Ltd                                               | CUSIP: 98887Q104<br>LEI: 549300P2UYQ9U5LY1T58 | Long             | EC               | CORP              | CN        |      7936 | NS      | $161973.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ZEEKR Intelligent Technology H            | ZEEKR Intelligent Technology Holding Ltd                  | CUSIP: 98923K103<br>LEI: 529900YUS7B7GL43ZF95 | Long             | EC               | CORP              | CN        |      1597 | NS      | $42655.87     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zijin Mining Group Co Ltd                 | Zijin Mining Group Co Ltd                                 | CUSIP: 98953F107<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |       653 | NS      | $51965.74     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhihu Inc                                 | Zhihu Inc                                                 | CUSIP: 98955N207<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     26808 | NS      | $98921.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTO Express Cayman Inc                    | ZTO Express Cayman Inc                                    | CUSIP: 98980A105<br>LEI: 549300SCJPK3YZJTJR78 | Long             | EC               | CORP              | CN        |     67361 | NS      | $1391004.65   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Insurance Group AG                 | Zurich Insurance Group AG                                 | CUSIP: 989825104<br>LEI: 529900QVNRBND50TXP03 | Long             | EC               | CORP              | CH        |     80503 | NS      | $2900523.09   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Logitech International SA                 | Logitech International SA                                 | CUSIP: N/A<br>LEI: 549300SN6PRK6IJJC215       | Long             | EC               | CORP              | CH        |     15856 | NS      | $1787446.88   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                 | Shell PLC                                                 | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     85412 | NS      | $6300843.24   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                    | SAP SE                                                    | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     50216 | NS      | $12139718.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Sartorius AG                              | Sartorius AG                                              | CUSIP: 80385Q208<br>LEI: 529900EQV2DY4FOAMU38 | Long             | EC               | CORP              | DE        |     20171 | NS      | $1172338.52   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Sasol Ltd                                 | Sasol Ltd                                                 | CUSIP: 803866300<br>LEI: 378900F4544561A97588 | Long             | EC               | CORP              | ZA        |     96306 | NS      | $625989.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Schneider Electric SE                     | Schneider Electric SE                                     | CUSIP: 80687P106<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     64379 | NS      | $3453289.56   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                                   | Sea Ltd                                                   | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |     10454 | NS      | $1453210.54   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Secom Co Ltd                              | Secom Co Ltd                                              | CUSIP: 813113206<br>LEI: 529900TYCL9N3E9PGE47 | Long             | EC               | CORP              | JP        |      6452 | NS      | $55938.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui House Ltd                         | Sekisui House Ltd                                         | CUSIP: 816078307<br>LEI: 529900GMNDOYQSAJAE76 | Long             | EC               | CORP              | JP        |     41917 | NS      | $939150.39    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Seven & i Holdings Co Ltd                 | Seven & i Holdings Co Ltd                                 | CUSIP: 81783H105<br>LEI: 52990037G8JRM3TWGY86 | Long             | EC               | CORP              | JP        |     32081 | NS      | $440472.13    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SGS SA                                    | SGS SA                                                    | CUSIP: 818800104<br>LEI: 2138007JNS19JHNA2336 | Long             | EC               | CORP              | CH        |     10040 | NS      | $114757.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Shin-Etsu Chemical Co Ltd                 | Shin-Etsu Chemical Co Ltd                                 | CUSIP: 824551105<br>LEI: 353800PX8Q64N86H5W41 | Long             | EC               | CORP              | JP        |    136712 | NS      | $2043844.40   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Shimano Inc                               | Shimano Inc                                               | CUSIP: 82455C101<br>LEI: 529900L32YT3P9DECR10 | Long             | EC               | CORP              | JP        |     78971 | NS      | $824457.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Shinhan Financial Group Co Ltd            | Shinhan Financial Group Co Ltd                            | CUSIP: 824596100<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |     50509 | NS      | $2732031.81   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Music Entertainment Gr            | Tencent Music Entertainment Group                         | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | CN        |     44046 | NS      | $812648.70    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ternium SA                                | Ternium SA                                                | CUSIP: 880890108<br>LEI: 529900QG4KU23TEI2E46 | Long             | EC               | CORP              | LU        |     15388 | NS      | $566740.04    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Terumo Corp                               | Terumo Corp                                               | CUSIP: 88156J105<br>LEI: 353800JX1R4582QVK932 | Long             | EC               | CORP              | JP        |     51787 | NS      | $802180.63    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesco PLC                                 | Tesco PLC                                                 | CUSIP: 881575401<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | EC               | CORP              | GB        |    148422 | NS      | $2681985.54   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Teva Pharmaceutical Industries            | Teva Pharmaceutical Industries Ltd                        | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             | EC               | CORP              | IL        |     31234 | NS      | $839882.26    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Thales SA                                 | Thales SA                                                 | CUSIP: 883219206<br>LEI: 529900FNDVTQJOVVPZ19 | Long             | EC               | CORP              | FR        |      4853 | NS      | $247405.94    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TIM SA/Brazil                             | TIM SA/Brazil                                             | CUSIP: 88706T108<br>LEI: 529900QI0CH1DN5ZCS77 | Long             | EC               | CORP              | BR        |     49508 | NS      | $1162447.84   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings Inc                 | Tokio Marine Holdings Inc                                 | CUSIP: 889094108<br>LEI: 5299009QN2NZ191KLS29 | Long             | EC               | CORP              | JP        |     67512 | NS      | $2381148.24   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd                        | Tokyo Electron Ltd                                        | CUSIP: 889110102<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |     27048 | NS      | $2770797.12   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTVS SA                                  | TOTVS SA                                                  | CUSIP: 89157T100<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    108160 | NS      | $1734886.40   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Vnet Group Inc                            | Vnet Group Inc                                            | CUSIP: 90138A103<br>LEI: 529900672GYJQ3T38I58 | Long             | EC               | CORP              | CN        |     37687 | NS      | $336921.78    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Vinci SA                                  | Vinci SA                                                  | CUSIP: 927320101<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |     32779 | NS      | $1161687.76   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Viomi Technology Co Ltd                   | Viomi Technology Co Ltd                                   | CUSIP: 92762J103<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     26010 | NS      | $64764.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vipshop Holdings Ltd                      | Vipshop Holdings Ltd                                      | CUSIP: 92763W103<br>LEI: 549300I9F52K06HPZX60 | Long             | EC               | CORP              | CN        |     79446 | NS      | $1560319.44   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Vista Energy SAB de CV                    | Vista Energy SAB de CV                                    | CUSIP: 92837L109<br>LEI: 549300UDOHP7958KNS89 | Long             | EC               | CORP              | MX        |      1223 | NS      | $60122.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC                        | Vodafone Group PLC                                        | CUSIP: 92857W308<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |    102519 | NS      | $1278411.93   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Volkswagen AG                             | Volkswagen AG                                             | CUSIP: 928662501<br>LEI: 529900NNUPAGGOMPXZ31 | Long             | EC               | CORP              | DE        |     10246 | NS      | $116292.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Volkswagen AG                             | Volkswagen AG                                             | CUSIP: 928662600<br>LEI: 529900NNUPAGGOMPXZ31 | Long             | EC               | CORP              | DE        |     21227 | NS      | $243898.23    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Volvo AB                                  | Volvo AB                                                  | CUSIP: 928854108<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |     67995 | NS      | $2037130.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Vonovia SE                                | Vonovia SE                                                | CUSIP: 92887H107<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | EC               | CORP              | DE        |      3194 | NS      | $48325.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WH Group Ltd                              | WH Group Ltd                                              | CUSIP: 92890T205<br>LEI: 254900A4AYEDRWYSE928 | Long             | EC               | CORP              | HK        |     42435 | NS      | $893341.62    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd                                   | ABB Ltd                                                   | CUSIP: 000375204<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |     61781 | NS      | $4433404.56   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ATRenew Inc                               | ATRenew Inc                                               | CUSIP: 00138L108<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     96652 | NS      | $438800.08    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co Ltd             | ASE Technology Holding Co Ltd                             | CUSIP: 00215W100<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |    102643 | NS      | $1534512.85   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| adidas AG                                 | adidas AG                                                 | CUSIP: 00687A107<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |      7127 | NS      | $662312.11    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantest Corp                            | Advantest Corp                                            | CUSIP: 00762U200<br>LEI: 353800EMK32PDKS9XR54 | Long             | EC               | CORP              | JP        |     22333 | NS      | $2965599.07   | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Aegon Ltd                                 | Aegon Ltd                                                 | CUSIP: 0076CA104<br>LEI: O4QK7KMMK83ITNTHUG69 | Long             | EC               | CORP              | NL        |     47908 | NS      | $384222.16    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Aena SME SA                               | Aena SME SA                                               | CUSIP: 00774W103<br>LEI: 959800R7QMXKF0NFMT29 | Long             | EC               | CORP              | ES        |     90678 | NS      | $1231407.24   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Adyen NV                                  | Adyen NV                                                  | CUSIP: 00783V104<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |     68926 | NS      | $1069731.52   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcelorMittal SA                          | ArcelorMittal SA                                          | CUSIP: 03938L203<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | EC               | CORP              | LU        |     49989 | NS      | $2155525.68   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Argenx SE                                 | Argenx SE                                                 | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |      4209 | NS      | $3838523.82   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ARM Holdings PLC                          | ARM Holdings PLC                                          | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Long             | EC               | CORP              | GB        |      2340 | NS      | $317210.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                       | Ascendis Pharma A/S                                       | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      2939 | NS      | $624037.87    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Ashtead Group PLC                         | Ashtead Group PLC                                         | CUSIP: 045055100<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |      2413 | NS      | $623108.99    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Asics Corp                                | Asics Corp                                                | CUSIP: 04521N101<br>LEI: 3538002LJMRZ83SU0B85 | Long             | EC               | CORP              | JP        |      2866 | NS      | $69084.93     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV              | Wal-Mart de Mexico SAB de CV                              | CUSIP: 93114W107<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      8150 | NS      | $273188.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Weibo Corp                                | Weibo Corp                                                | CUSIP: 948596101<br>LEI: 549300Q9ID4640FE0422 | Long             | EC               | CORP              | CN        |     84267 | NS      | $837613.98    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Wesfarmers Ltd                            | Wesfarmers Ltd                                            | CUSIP: 950840306<br>LEI: 5493003L32ZX9557ST85 | Long             | EC               | CORP              | AU        |      2654 | NS      | $71047.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WeRide Inc                                | WeRide Inc                                                | CUSIP: 950915108<br>LEI: 254900R1B7IWBCPDQ262 | Long             | EC               | CORP              | CN        |      5516 | NS      | $45451.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wilmar International Ltd                  | Wilmar International Ltd                                  | CUSIP: 971433107<br>LEI: 549300H2EAI4YRLWBB20 | Long             | EC               | CORP              | SG        |      1947 | NS      | $49083.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wipro Ltd                                 | Wipro Ltd                                                 | CUSIP: 97651M109<br>LEI: 335800IFS1IJHESG8362 | Long             | EC               | CORP              | IN        |    226867 | NS      | $617078.24    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Wise PLC                                  | Wise PLC                                                  | CUSIP: 97725Q102<br>LEI: 213800LD9XCHIC1C4V71 | Long             | EC               | CORP              | GB        |       693 | NS      | $8253.63      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolters Kluwer NV                         | Wolters Kluwer NV                                         | CUSIP: 977874205<br>LEI: 724500TEM53I0U077B74 | Long             | EC               | CORP              | NL        |     17998 | NS      | $1917686.90   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Assa Abloy AB                             | Assa Abloy AB                                             | CUSIP: 045387107<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |    229618 | NS      | $4360445.82   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated British Foods PLC              | Associated British Foods PLC                              | CUSIP: 045519402<br>LEI: GBQKSY6W7G0OHCQ8OQ72 | Long             | EC               | CORP              | GB        |     11386 | NS      | $325070.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Astellas Pharma Inc                       | Astellas Pharma Inc                                       | CUSIP: 04623U102<br>LEI: 529900IB708DY2HBBB35 | Long             | EC               | CORP              | JP        |     18072 | NS      | $226803.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                           | AstraZeneca PLC                                           | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    141949 | NS      | $13161511.28  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB                            | Atlas Copco AB                                            | CUSIP: 049255706<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |     38043 | NS      | $647872.29    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB                            | Atlas Copco AB                                            | CUSIP: 049255805<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |     14968 | NS      | $229609.12    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Atour Lifestyle Holdings Ltd              | Atour Lifestyle Holdings Ltd                              | CUSIP: 04965M106<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14359 | NS      | $550954.83    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Auto Trader Group PLC                     | Auto Trader Group PLC                                     | CUSIP: 05277E104<br>LEI: 213800QLK9BZILB1DI86 | Long             | EC               | CORP              | GB        |    771940 | NS      | $1582477.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviva PLC                                 | Aviva PLC                                                 | CUSIP: 05382A302<br>LEI: YF0Y5B0IB8SM0ZFG9G81 | Long             | EC               | CORP              | GB        |      1710 | NS      | $30027.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AXA SA                                    | AXA SA                                                    | CUSIP: 054536107<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |     15779 | NS      | $714473.12    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco de Chile                            | Banco de Chile                                            | CUSIP: 059520106<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | EC               | CORP              | CL        |     16944 | NS      | $640144.32    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco do Brasil SA                        | Banco do Brasil SA                                        | CUSIP: 059578104<br>LEI: QE0Q0253K88YAGNPE356 | Long             | EC               | CORP              | BR        |    156551 | NS      | $670038.28    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander SA                        | Banco Santander SA                                        | CUSIP: 05964H105<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |    792561 | NS      | $8504179.53   | 0.90%             |  |  |  | No            |                  1 | On Loan: —       |
| Banco Santander Chile                     | Banco Santander Chile                                     | CUSIP: 05965X109<br>LEI: 3YJP8HORPAEXJ80D6368 | Long             | EC               | CORP              | CL        |     41526 | NS      | $1242873.18   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Generali                                  | Generali                                                  | CUSIP: 04545K109<br>LEI: 549300X5UKJVE386ZB61 | Long             | EC               | CORP              | IT        |       704 | NS      | $13918.78     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GDS Holdings Ltd                          | GDS Holdings Ltd                                          | CUSIP: 36165L108<br>LEI: 391200MGV8DDCHTN2R77 | Long             | EC               | CORP              | CN        |     17333 | NS      | $588802.01    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Galaxy Entertainment Group Ltd            | Galaxy Entertainment Group Ltd                            | CUSIP: 36318L203<br>LEI: 549300ZSEBV3HR826S10 | Long             | EC               | CORP              | HK        |      1062 | NS      | $27420.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Geberit AG                                | Geberit AG                                                | CUSIP: 36840V109<br>LEI: 52990093Z5OHD6T7BS47 | Long             | EC               | CORP              | CH        |      4273 | NS      | $332802.61    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Geely Automobile Holdings Ltd             | Geely Automobile Holdings Ltd                             | CUSIP: 36847Q202<br>LEI: 549300YS3T1KVQ2SNI84 | Long             | EC               | CORP              | HK        |     29043 | NS      | $1277020.71   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Genmab A/S                                | Genmab A/S                                                | CUSIP: 372303206<br>LEI: 529900MTJPDPE4MHJ122 | Long             | EC               | CORP              | DK        |     37221 | NS      | $1204471.56   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Gerdau SA                                 | Gerdau SA                                                 | CUSIP: 373737105<br>LEI: 254900YDV6SEQQPZVG24 | Long             | EC               | CORP              | BR        |    125981 | NS      | $453531.60    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Givaudan SA                               | Givaudan SA                                               | CUSIP: 37636P108<br>LEI: 213800SVRMQA1TD91D41 | Long             | EC               | CORP              | CH        |     14589 | NS      | $1229050.31   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Gjensidige Forsikring ASA                 | Gjensidige Forsikring ASA                                 | CUSIP: 37636X101<br>LEI: 5967007LIEEXZX6FAO47 | Long             | EC               | CORP              | NO        |     80527 | NS      | $2270056.13   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                   | GSK PLC                                                   | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |     80036 | NS      | $3830522.96   | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Glencore PLC                              | Glencore PLC                                              | CUSIP: 37827X100<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | CH        |    161753 | NS      | $1541506.09   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Fields Ltd                           | Gold Fields Ltd                                           | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |     62213 | NS      | $2668315.57   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Grifols SA                                | Grifols SA                                                | CUSIP: 398438408<br>LEI: 959800HSSNXWRKBK4N60 | Long             | EC               | CORP              | ES        |     44541 | NS      | $394187.85    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Galicia SA               | Grupo Financiero Galicia SA                               | CUSIP: 399909100<br>LEI: 5299008H3AXIXV5G3C23 | Long             | EC               | CORP              | AR        |      6392 | NS      | $342419.44    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Grupo Aeroportuario del Centro            | Grupo Aeroportuario del Centro Norte SAB de CV            | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |     10861 | NS      | $1168209.16   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifi            | Grupo Aeroportuario del Pacifico SAB de CV                | CUSIP: 400506101<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |      3246 | NS      | $770892.54    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Grupo Aeroportuario del Surest            | Grupo Aeroportuario del Sureste SAB de CV                 | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |      4273 | NS      | $1290232.35   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander Brasil SA                 | Banco Santander Brasil SA                                 | CUSIP: 05967A107<br>LEI: 549300D1H731B30TSI43 | Long             | EC               | CORP              | BR        |     22299 | NS      | $143605.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of China Ltd                         | Bank of China Ltd                                         | CUSIP: 06426M104<br>LEI: 54930053HGCFWVHYZX42 | Long             | EC               | CORP              | CN        |    144977 | NS      | $2183353.62   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB d            | Grupo Financiero Banorte SAB de CV                        | CUSIP: 40052P107<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      6484 | NS      | $312010.08    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Cibest SA                           | Grupo Cibest SA                                           | CUSIP: 40090E106<br>LEI: 529900OSSJBGZREZ2C28 | Long             | EC               | CORP              | CO        |     50526 | NS      | $3186169.56   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Baozun Inc                                | Baozun Inc                                                | CUSIP: 06684L103<br>LEI: 549300IF0HZ7T4762633 | Long             | EC               | CORP              | CN        |     27128 | NS      | $77586.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                              | Barclays PLC                                              | CUSIP: 06738E204<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |    321518 | NS      | $7327395.22   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Haier Smart Home Co Ltd                   | Haier Smart Home Co Ltd                                   | CUSIP: 40523H106<br>LEI: 3003002BYTNGNJTWSH07 | Long             | EC               | CORP              | CN        |     50058 | NS      | $682290.54    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon PLC                                | Haleon PLC                                                | CUSIP: 405552100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |    302885 | NS      | $2962215.30   | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Halma PLC                                 | Halma PLC                                                 | CUSIP: 40637C308<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |     21832 | NS      | $2093033.84   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Gold Mining Co Ltd                | Harmony Gold Mining Co Ltd                                | CUSIP: 413216300<br>LEI: 378900986D05F0C29811 | Long             | EC               | CORP              | ZA        |     54455 | NS      | $1070585.30   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| CSL Ltd                                   | CSL Ltd                                                   | CUSIP: 12637N204<br>LEI: 529900ECSECK5ZDQTE14 | Long             | EC               | CORP              | AU        |     32738 | NS      | $1999430.79   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Axia Energia                              | Axia Energia                                              | CUSIP: 15234Q207<br>LEI: 254900I8KYDELP4B4Z08 | Long             | EC               | CORP              | BR        |     64911 | NS      | $762704.25    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Coloplast A/S                             | Coloplast A/S                                             | CUSIP: 19624Y200<br>LEI: 529900NN7SOJ5QG82X67 | Long             | EC               | CORP              | DK        |    123400 | NS      | $1134046.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerzbank AG                            | Commerzbank AG                                            | CUSIP: 202597605<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | EC               | CORP              | DE        |      2466 | NS      | $96938.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Commonwealth Bank of Australia            | Commonwealth Bank of Australia                            | CUSIP: 202712600<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | EC               | CORP              | AU        |     33171 | NS      | $3316436.58   | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| COPEL                                     | Cia Paranaense de Energia - Copel                         | CUSIP: 20441B605<br>LEI: 2549001AS1I9A71VG663 | Long             | EC               | CORP              | BR        |     16749 | NS      | $178711.83    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Group PLC                         | Compass Group PLC                                         | CUSIP: 20449X401<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |     57376 | NS      | $1803901.44   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Computershare Ltd                         | Computershare Ltd                                         | CUSIP: 20557R105<br>LEI: 21380085HOKTMGLV9G93 | Long             | EC               | CORP              | AU        |     73831 | NS      | $1729860.33   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Agricole SA                        | Credit Agricole SA                                        | CUSIP: 225313105<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | EC               | CORP              | FR        |     29359 | NS      | $280672.04    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Criteo SA                                 | Criteo SA                                                 | CUSIP: 226718104<br>LEI: 969500EELFB4RDMFHA76 | Long             | EC               | CORP              | FR        |     31959 | NS      | $635344.92    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Daifuku Co Ltd                            | Daifuku Co Ltd                                            | CUSIP: 233802107<br>LEI: 3538006FG1W4X3MYHL36 | Long             | EC               | CORP              | JP        |      3784 | NS      | $59787.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Sankyo Co Ltd                     | Daiichi Sankyo Co Ltd                                     | CUSIP: 23381D102<br>LEI: 353800XGIU2IHQGC9504 | Long             | EC               | CORP              | JP        |     30190 | NS      | $742674.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                           | AstraZeneca PLC                                           | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     14065 | NS      | $2813.00      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Eni SpA                                   | Eni SpA                                                   | CUSIP: 26874R108<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | EC               | CORP              | IT        |     95247 | NS      | $3564142.74   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Ecopetrol SA                              | Ecopetrol SA                                              | CUSIP: 279158109<br>LEI: 254900IDGKCJICKBPA66 | Long             | EC               | CORP              | CO        |    142903 | NS      | $1403307.46   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Embotelladora Andina SA                   | Embotelladora Andina SA                                   | CUSIP: 29081P204<br>LEI: 254900NNPKP1J9XTSA53 | Long             | EC               | CORP              | CL        |      1382 | NS      | $31274.66     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Embotelladora Andina SA                   | Embotelladora Andina SA                                   | CUSIP: 29081P303<br>LEI: 254900NNPKP1J9XTSA53 | Long             | EC               | CORP              | CL        |     18568 | NS      | $504863.92    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Embraer SA                                | Embraer SA                                                | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |     16412 | NS      | $1029360.64   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| EDENOR                                    | Empresa Distribuidora Y Comercializadora Norte            | CUSIP: 29244A102<br>LEI: 254900JU7TV6VS9GRW29 | Long             | EC               | CORP              | AR        |       849 | NS      | $29502.75     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel SpA                                  | Enel SpA                                                  | CUSIP: 29265W207<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |    536685 | NS      | $5538589.20   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel Chile SA                             | Enel Chile SA                                             | CUSIP: 29278D105<br>LEI: 549300YM5CWCAUVOPB53 | Long             | EC               | CORP              | CL        |    153804 | NS      | $592145.40    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Epiroc AB                                 | Epiroc AB                                                 | CUSIP: 29429L402<br>LEI: 5493004Q73OEYW1SPE91 | Long             | EC               | CORP              | SE        |      2077 | NS      | $44530.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinor ASA                               | Equinor ASA                                               | CUSIP: 29446M102<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | EC               | CORP              | NO        |     84043 | NS      | $1925425.13   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Ericsson                                  | Telefonaktiebolaget LM Ericsson                           | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |    140709 | NS      | $1350806.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Henkel AG & Co KGaA                       | Henkel AG & Co KGaA                                       | CUSIP: 42550U109<br>LEI: 549300VZCL1HTH4O4Y49 | Long             | EC               | CORP              | DE        |    112144 | NS      | $2101488.85   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Henkel AG & Co KGaA                       | Henkel AG & Co KGaA                                       | CUSIP: 42550U208<br>LEI: 549300VZCL1HTH4O4Y49 | Long             | EC               | CORP              | DE        |      9971 | NS      | $201872.87    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hermes International SCA                  | Hermes International SCA                                  | CUSIP: 42751Q105<br>LEI: 969500Y4IJGHJE2MTJ13 | Long             | EC               | CORP              | FR        |      8750 | NS      | $2133950.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Hesai Group                               | Hesai Group                                               | CUSIP: 428050108<br>LEI: 836800KOYHURQT1JZY11 | Long             | EC               | CORP              | CN        |      9732 | NS      | $187146.36    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Hexagon AB                                | Hexagon AB                                                | CUSIP: 428263107<br>LEI: 549300WJFW6ILNI4TA80 | Long             | EC               | CORP              | SE        |    267074 | NS      | $3122095.06   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Himax Technologies Inc                    | Himax Technologies Inc                                    | CUSIP: 43289P106<br>LEI: 529900Z6XWS79D8T1X09 | Long             | EC               | CORP              | TW        |     70360 | NS      | $531921.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Bank Rakyat Indonesia Persero             | Bank Rakyat Indonesia Persero Tbk PT                      | CUSIP: 69366X100<br>LEI: 254900HB6S4B12GBNP64 | Long             | EC               | CORP              | ID        |     15160 | NS      | $165698.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Mandiri Persero Tbk PT               | Bank Mandiri Persero Tbk PT                               | CUSIP: 69367U105<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |     10803 | NS      | $125314.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Astra International Tbk PT                | Astra International Tbk PT                                | CUSIP: 69367X109<br>LEI: 529900L49TRJOMG4DK47 | Long             | EC               | CORP              | ID        |     60313 | NS      | $479789.92    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Central Asia Tbk PT                  | Bank Central Asia Tbk PT                                  | CUSIP: 69368G105<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |     10651 | NS      | $133457.03    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Here Group Ltd                            | Here Group Ltd                                            | CUSIP: 74767N107<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     15677 | NS      | $79012.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| 3i Group PLC                              | 3i Group PLC                                              | CUSIP: 88579N105<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |    202848 | NS      | $2127875.52   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Corp Inmobiliaria Vesta SAB de            | Corp Inmobiliaria Vesta SAB de CV                         | CUSIP: 92540K109<br>LEI: 4469000001BIRIFZJ959 | Long             | EC               | CORP              | MX        |      5091 | NS      | $158584.65    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ECOGAS INVERSIONES SA                     | ECOGAS INVERSIONES SA                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AR        |      2884 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Accenture PLC                             | Accenture PLC                                             | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |      7142 | NS      | $1785500.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ASM International NV                      | ASM International NV                                      | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |       562 | NS      | $310398.22    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                           | ASML Holding NV                                           | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     13633 | NS      | $14450980.00  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

**Name of Applicant:** Trust for Professional Managers

**Signature:** /s/ Kelly Strauss

**Name of Signer:** Kelly Strauss

**Title:** Treasurer