# EDGAR Filing Document

**Accession Number:** 0000908695
**File Stem:** 0001004726-26-000416
**Filing Date:** 2026-1
**Character Count:** 158631
**Document Hash:** 501549454f23215bf99de4af396e24be
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-000416.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001004726-26-000416

**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**: 20260228

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07852
- **FILM NUMBER:** 26563033

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

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

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

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

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

## Series and Classes Contracts Data

### Victory International Fund (Formerly USAA International Fund) (Series ID: S000012903)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000034872 | Victory International Fund Shares               | USIFX           |
| C000066841 | Victory International Fund Institutional Shares | UIIFX           |
| C000204424 | Victory International Fund Class R6             | URITX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

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

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

- **a. Name of Series:** Victory International Fund

- **b. EDGAR series identifier (if any):** S000012903

- **c. LEI of Series:** 549300U2K802QJ0KDM43

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

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

- **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:** $2436884852.57

**Total Liabilities:** $45546273.35

**Net Assets:** $2391338579.22

**Cash Not Reported:** $22864372.79

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000034872 | 2.37%                | 1.07%                | 0.85%                |
| Class ID C000066841 | 2.38%                | 1.10%                | 0.85%                |
| Class ID C000204424 | 2.41%                | 1.08%                | 0.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $11183614.67             | $43045880.29                               |
| Month 2  | $98856446.01             | $-72797165.89                              |
| Month 3  | $14779787.95             | $2072558.10                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| KUAISHOU TECHNOLOGY                                                       | KUAISHOU TECHNOLOGY                           | CUSIP: N/A<br>LEI: 300300FCDZBE6UP9ED24       | Long             | EC               | CORP              | KY        |    160600 | NS      | $1409896.08   | 0.06%             |  |  |  | Yes           | 2                  | On Loan: No      |
| BE Semiconductor Industries N.V.                                          | BE SEMICONDUCTOR INDUSTRIES                   | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |     21938 | NS      | $3322520.65   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| DENTSU GROUP INC.                                                         | DENTSU INC                                    | CUSIP: N/A<br>LEI: 5299007PBBE83ZLJZG91       | Long             | EC               | CORP              | JP        |     99130 | NS      | $2252535.32   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| KINGFISHER PLC                                                            | KINGFISHER PLC                                | CUSIP: N/A<br>LEI: 213800KBMEV7I92FY281       | Long             | EC               | CORP              | GB        |    530106 | NS      | $2146378.18   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| BANKINTER, S.A.                                                           | BANKINTER SA                                  | CUSIP: N/A<br>LEI: VWMYAEQSTOPNV0SUGU82       | Long             | EC               | CORP              | ES        |    534584 | NS      | $8426427.08   | 0.35%             |  |  |  | No            | 2                  | On Loan: —       |
| PRUDENTIAL PUBLIC LIMITED COMPANY                                         | PRUDENTIAL PLC                                | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |    391991 | NS      | $5678809.39   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| ABN AMRO Bank N.V.                                                        | ABN AMRO GROUP NV                             | CUSIP: N/A<br>LEI: BFXS5XCH7N0Y05NIXW11       | Long             | EC               | CORP              | NL        |    157837 | NS      | $5347150.74   | 0.22%             |  |  |  | Yes           | 2                  | On Loan: No      |
| SOCIETE MINIERE BARRICK                                                   | BARRICK MINING CORP                           | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |     74426 | NS      | $3112224.42   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| RWE Aktiengesellschaft                                                    | RWE AG                                        | CUSIP: N/A<br>LEI: 529900GB7KCA94ACC940       | Long             | EC               | CORP              | DE        |    231522 | NS      | $11757568.93  | 0.49%             |  |  |  | No            | 2                  | On Loan: No      |
| IMI PLC                                                                   | IMI PLC                                       | CUSIP: N/A<br>LEI: 2138002W9Q21PF751R30       | Long             | EC               | CORP              | GB        |    120506 | NS      | $3886055.57   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| SOUTH AFRICAN RAND                                                        | SOUTH AFRICAN RAND                            | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | ZA        |    862851 | NS      | $50443.79     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| AGEAS SA                                                                  | AGEAS                                         | CUSIP: N/A<br>LEI: 5493005DJBML6LY3RV36       | Long             | EC               | CORP              | BE        |     44678 | NS      | $3052139.41   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| KUNLUN ENERGY COMPANY LIMITED                                             | KUNLUN ENERGY CO LTD                          | CUSIP: N/A<br>LEI: 5299007GRIKP15GM4927       | Long             | EC               | CORP              | BM        |   4082000 | NS      | $3899136.24   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| AIA Group Limited                                                         | AIA GROUP LTD                                 | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |   2248200 | NS      | $23418336.20  | 0.98%             |  |  |  | No            | 2                  | On Loan: No      |
| CK HUTCHISON HOLDINGS LIMITED                                             | CK HUTCHISON HOLDINGS                         | CUSIP: N/A<br>LEI: 254900Z8HM1VEPOQ2G79       | Long             | EC               | CORP              | KY        |    328482 | NS      | $2317353.55   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Siemens Energy AG                                                         | SIEMENS ENERGY AG                             | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |     22196 | NS      | $2971710.46   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| MINTH GROUP LIMITED                                                       | MINTH GROUP LTD                               | CUSIP: N/A<br>LEI: 254900B2AH0G13K9G204       | Long             | EC               | CORP              | KY        |    836000 | NS      | $3666975.01   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| Telefonaktiebolaget LM Ericsson                                           | TELEFONAKTIEBOLAGET LM ERICSSON               | CUSIP: N/A<br>LEI: 549300W9JLPW15XIFM52       | Long             | EC               | CORP              | SE        |    323949 | NS      | $3127572.27   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| SPIE SA                                                                   | SPIE SA                                       | CUSIP: N/A<br>LEI: 969500TJNS5GSFWJ8X85       | Long             | EC               | CORP              | FR        |     30884 | NS      | $1676235.13   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Natura Cosmeticos S.A.                                                    | NATURA COSMETICOS SA                          | CUSIP: N/A<br>LEI: 98450085D7XCFF5A9N75       | Long             | EC               | CORP              | BR        |    909076 | NS      | $1411994.84   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| SCENTRE GROUP                                                             | SCENTRE GROUP                                 | CUSIP: N/A<br>LEI: N/A                        | Long             |  | RF                | AU        |   5123687 | NS      | $13695011.27  | 0.57%             |  |  |  | No            | 2                  | On Loan: No      |
| HYUNDAI MOBIS CO.,LTD                                                     | HYUNDAI MOBIS                                 | CUSIP: N/A<br>LEI: 988400HJA9E0ZVDHRS65       | Long             | EC               | CORP              | KR        |     12745 | NS      | $2687916.77   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Fresenius Medical Care AG                                                 | FRESENIUS MEDICAL CARE AG                     | CUSIP: N/A<br>LEI: 549300CP8NY40UP89Q40       | Long             | EC               | CORP              | DE        |     24389 | NS      | $1165603.42   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Nokia Oyj                                                                 | NOKIA OYJ                                     | CUSIP: N/A<br>LEI: 549300A0JPRWG1KI7U06       | Long             | EC               | CORP              | FI        |    608431 | NS      | $3704941.18   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| INFOSYS LIMITED                                                           | INFOSYS LIMITED                               | CUSIP: N/A<br>LEI: 335800TYLGG93MM7PR89       | Long             | EC               | CORP              | IN        |     76614 | NS      | $1344330.31   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| SAP SE                                                                    | SAP SE                                        | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |    108927 | NS      | $26292675.65  | 1.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Mitsubishi Heavy Industries, Ltd.                                         | MITSUBISHI HEAVY INDUSTRIES LT                | CUSIP: N/A<br>LEI: 353800TJ98PCAZROVE69       | Long             | EC               | CORP              | JP        |    815900 | NS      | $20668079.55  | 0.86%             |  |  |  | No            | 2                  | On Loan: No      |
| L'OREAL SA                                                                | L OREAL SA                                    | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Long             | EC               | CORP              | FR        |     43579 | NS      | $19006087.71  | 0.79%             |  |  |  | No            | 2                  | On Loan: No      |
| AGRICULTURAL BANK OF CHINA LIMITED                                        | AGRICULTURAL BANK OF CHINA LTD                | CUSIP: N/A<br>LEI: 549300E7TSGLCOVSY746       | Long             | EC               | CORP              | CN        |   2475000 | NS      | $1856736.36   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| THE CANARA BANK LIMITED                                                   | CANARA BANK                                   | CUSIP: N/A<br>LEI: 335800E4RH82Z8XC3C30       | Long             | EC               | CORP              | IN        |    864150 | NS      | $1469282.70   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| 3I GROUP PLC                                                              | 3I GROUP PLC                                  | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |     64117 | NS      | $2680654.74   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| CHINA MENGNIU DAIRY COMPANY LIMITED                                       | CHINA MENGNIU DAIRY CO LTD                    | CUSIP: N/A<br>LEI: 2549005Q343BSJ8RSS21       | Long             | EC               | CORP              | KY        |    482924 | NS      | $935097.86    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| AUTO TRADER GROUP PLC                                                     | AUTO TRADER GROUP PLC                         | CUSIP: N/A<br>LEI: 213800QLK9BZILB1DI86       | Long             | EC               | CORP              | GB        |    818550 | NS      | $6921062.47   | 0.29%             |  |  |  | Yes           | 2                  | On Loan: No      |
| AerCap Holdings N.V.                                                      | AERCAP HOLDINGS NV                            | CUSIP: N00985106<br>LEI: 549300SZYINBBLJQU475 | Long             | EC               | CORP              | NL        |     55166 | NS      | $7392244.00   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| HON HAI PRECISION INDUSTRY CO., LTD.                                      | HON HAI PRECISION INDUSTRY CO LTD             | CUSIP: N/A<br>LEI: 30030004CM3GSZXX7O56       | Long             | EC               | CORP              | TW        |    220000 | NS      | $1585558.05   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| ASMPT Limited                                                             | ASMPT LTD                                     | CUSIP: N/A<br>LEI: 529900PYFA1HFYKPT360       | Long             | EC               | CORP              | KY        |    163430 | NS      | $1587081.93   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Repsol S.A.                                                               | REPSOL SA                                     | CUSIP: N/A<br>LEI: BSYCX13Y0NOTV14V9N85       | Long             | EC               | CORP              | ES        |    105274 | NS      | $1950408.25   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| JAMES HARDIE INDUSTRIES PUBLIC LIMITED COMPANY                            | JAMES HARDIE INDUSTRIES PLC                   | CUSIP: N/A<br>LEI: 635400NSGXKTVOO7JU45       | Long             |  | CORP              | IE        |    384524 | NS      | $7648874.88   | 0.32%             |  |  |  | No            | 2                  | On Loan: —       |
| HANWHA AEROSPACE CO., LTD.                                                | HANWHA AEROSPACE CO LTD                       | CUSIP: N/A<br>LEI: 9884001NSUA8FQKQWR25       | Long             | EC               | CORP              | KR        |      4333 | NS      | $2515676.99   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| IMPERIAL BRANDS PLC                                                       | IMPERIAL BRANDS PLC                           | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |    492146 | NS      | $20903606.36  | 0.87%             |  |  |  | No            | 2                  | On Loan: No      |
| OLD MUTUAL LIMITED                                                        | OLD MUTUAL LTD                                | CUSIP: N/A<br>LEI: 213800MON84ZWWPQCN47       | Long             | EC               | CORP              | ZA        |   2261977 | NS      | $1843984.34   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| OAO GAZPROM SPON ADS                                                      | OAO GAZPROM SPON ADS                          | CUSIP: 368287207<br>LEI: N/A                  | Long             |  | CORP              | RU        |    153287 | NS      | $0.00         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| WPP PLC                                                                   | WPP PLC                                       | CUSIP: N/A<br>LEI: 549300LSGBXPYHXGDT93       | Long             | EC               | CORP              | JE        |    355729 | NS      | $1430208.41   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| RECKITT BENCKISER GROUP PLC                                               | RECKITT BENCKISER GROUP PLC                   | CUSIP: N/A<br>LEI: 5493003JFSMOJG48V108       | Long             | EC               | CORP              | GB        |     53167 | NS      | $4119801.32   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| ENEL - SPA                                                                | ENEL SPA                                      | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |   1538655 | NS      | $15898459.23  | 0.66%             |  |  |  | No            | 2                  | On Loan: No      |
| T&D Holdings, Inc.                                                        | T D HOLDINGS                                  | CUSIP: N/A<br>LEI: 3538008ARJ1MACEWA242       | Long             | EC               | CORP              | JP        |    209365 | NS      | $4548781.53   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| ARISTOCRAT LEISURE LIMITED                                                | ARISTOCRAT LEISURE LTD                        | CUSIP: N/A<br>LEI: 529900TE2HO3OZKYKC27       | Long             | EC               | CORP              | AU        |    393769 | NS      | $15046606.51  | 0.63%             |  |  |  | No            | 2                  | On Loan: No      |
| KUBOTA CORPORATION                                                        | KUBOTA CORP                                   | CUSIP: N/A<br>LEI: 549300CSY4INHEHQQT13       | Long             | EC               | CORP              | JP        |    239000 | NS      | $3449856.81   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| ANZ GROUP HOLDINGS LIMITED                                                | ANZ GROUP HOLDINGS LTD                        | CUSIP: N/A<br>LEI: 9845005D9C6BAA10BK72       | Long             | EC               | CORP              | AU        |    152989 | NS      | $3470178.87   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| BRITISH AMERICAN TOBACCO P.L.C.                                           | BRITISH AMERICAN TOBACCO PLC                  | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |    170572 | NS      | $10013684.08  | 0.42%             |  |  |  | No            | 2                  | On Loan: No      |
| Konecranes Abp                                                            | KONECRANES OYJ                                | CUSIP: N/A<br>LEI: 549300EF0CDEQZBMA096       | Long             | EC               | CORP              | FI        |     47824 | NS      | $4907645.50   | 0.21%             |  |  |  | No            | 2                  | On Loan: No      |
| QBE INSURANCE GROUP LIMITED                                               | QBE INSURANCE GROUP LTD                       | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |    113247 | NS      | $1427842.28   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| ASAHI KASEI CORPORATION                                                   | ASAHI KASEI CORP                              | CUSIP: N/A<br>LEI: 353800GPI4Z3MGDGN142       | Long             | EC               | CORP              | JP        |    535100 | NS      | $4469773.60   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| Partners Group Holding AG                                                 | PARTNERS GROUP HOLDING AG                     | CUSIP: N/A<br>LEI: 549300I3IVVWZWDHI788       | Long             | EC               | CORP              | CH        |      5945 | NS      | $7058631.80   | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| Mitsubishi Estate Company, Limited                                        | MITSUBISHI ESTATE CO LTD                      | CUSIP: N/A<br>LEI: 353800KOFMRGOXSJ5Z65       | Long             | EC               | CORP              | JP        |    165699 | NS      | $3909725.61   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| MISUMI Group Inc.                                                         | MISUMI GROUP INC                              | CUSIP: J43293109<br>LEI: 353800SJWGE5BEK2V032 | Long             | EC               | CORP              | JP        |    209900 | NS      | $3038820.52   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Etihad Etisalat Company SJSC                                              | ETIHAD ETISALAT CO                            | CUSIP: N/A<br>LEI: 2549007BA9ABDE3HVK79       | Long             | EC               | CORP              | SA        |     74140 | NS      | $1243029.35   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| iShares Core MSCI Emerging Markets ETF                                    | ISHARES CORE MSCI EMERGING                    | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             |  | RF                | US        |      2019 | NS      | $135474.90    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| ISUZU MOTORS LIMITED                                                      | ISUZU MOTORS LTD                              | CUSIP: N/A<br>LEI: 529900C0QSXVCC7AR494       | Long             | EC               | CORP              | JP        |     23452 | NS      | $359419.56    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED                            | FISHER PAYKEL HEALTHCARE CORP LTD             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NZ        |    370068 | NS      | $7925897.20   | 0.33%             |  |  |  | No            | 2                  | On Loan: No      |
| Netease Cloud Music Inc                                                   | NETEASE CLOUD MUSIC INC                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     85900 | NS      | $2138172.32   | 0.09%             |  |  |  | Yes           | 2                  | On Loan: No      |
| COWAY Co., Ltd.                                                           | COWAY CO LTD                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     10331 | NS      | $605928.49    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| CHINA CONSTRUCTION BANK CORPORATION                                       | CHINA CONSTRUCTION BANK CORP                  | CUSIP: N/A<br>LEI: 5493001KQW6DM7KEDR62       | Long             | EC               | CORP              | CN        |   2022000 | NS      | $2130306.33   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| UNICREDIT, SOCIETA PER AZIONI                                             | UNICREDIT SPA                                 | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |    109079 | NS      | $8119087.39   | 0.34%             |  |  |  | No            | 2                  | On Loan: No      |
| PROXIMUS NV                                                               | PROXIMUS                                      | CUSIP: N/A<br>LEI: 549300CWRXC5EP004533       | Long             | EC               | CORP              | BE        |    104068 | NS      | $896062.30    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| NATIONAL BANK OF GREECE S.A.                                              | NATIONAL BANK OF GREECE SA                    | CUSIP: N/A<br>LEI: 5UMCZOEYKCVFAW8ZLO05       | Long             | EC               | CORP              | GR        |    577888 | NS      | $9054213.71   | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| Stanley Electric Co., Ltd.                                                | STANLEY ELECTRIC CO LTD                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     51911 | NS      | $1016402.54   | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| ABB Ltd                                                                   | ABB LIMITED                                   | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |     63055 | NS      | $4538806.53   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| NEXT PLC                                                                  | NEXT PLC                                      | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |     70559 | NS      | $13194590.30  | 0.55%             |  |  |  | No            | 2                  | On Loan: No      |
| BIOMERIEUX SA                                                             | BIOMERIEUX                                    | CUSIP: N/A<br>LEI: 549300AK8Y0LBIQ4T071       | Long             | EC               | CORP              | FR        |     14187 | NS      | $1777305.05   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| iShares Core MSCI EAFE ETF                                                | ISHARES CORE MSCI EAFE ETF                    | CUSIP: 46432F842<br>LEI: N/A                  | Long             |  | RF                | US        |     63711 | NS      | $5660085.24   | 0.24%             |  |  |  | No            | 1                  | On Loan: —       |
| SK TELECOM CO.,LTD                                                        | SK TELECOM CO LTD                             | CUSIP: N/A<br>LEI: 9884003WEA1PHW006037       | Long             | EC               | CORP              | KR        |     80957 | NS      | $2953413.24   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| ams-OSRAM AG                                                              | AMS OSRAM AG                                  | CUSIP: N/A<br>LEI: 5299001JPPT2QFTV5D76       | Long             | EC               | CORP              | AT        |     42764 | NS      | $452766.65    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| ORIX CORPORATION                                                          | ORIX CORP                                     | CUSIP: N/A<br>LEI: 35380016EMHNBOVYE123       | Long             | EC               | CORP              | JP        |    156800 | NS      | $4286491.53   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| CSL LIMITED                                                               | CSL LTD                                       | CUSIP: N/A<br>LEI: 529900ECSECK5ZDQTE14       | Long             | EC               | CORP              | AU        |     47539 | NS      | $5800190.56   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| Wiwynn Corporation                                                        | WIWYNN CORP                                   | CUSIP: Y9673D101<br>LEI: 254900FV2R15PMKXFL69 | Long             | EC               | CORP              | TW        |     60000 | NS      | $8767968.80   | 0.37%             |  |  |  | No            | 2                  | On Loan: No      |
| Shionogi & Co., Ltd.                                                      | SHIONOGI CO LTD                               | CUSIP: N/A<br>LEI: 35380049VXDTHZI3DY35       | Long             | EC               | CORP              | JP        |    989246 | NS      | $16968336.17  | 0.71%             |  |  |  | No            | 2                  | On Loan: No      |
| CANADIAN DOLLAR                                                           | CANADIAN DOLLAR                               | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | CA        |     65005 | NS      | $46522.12     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP PARIBAS SA                                                            | BNP PARIBAS                                   | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |     90241 | NS      | $7712693.39   | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| BPER BANCA S.P.A.                                                         | BPER BANCA                                    | CUSIP: N/A<br>LEI: N747OI7JINV7RUUH6190       | Long             | EC               | CORP              | IT        |    309898 | NS      | $3734020.34   | 0.16%             |  |  |  | No            | 2                  | On Loan: —       |
| Otsuka Holdings Co., Ltd.                                                 | OTSUKA HOLDINGS CO LTD                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     42200 | NS      | $2390241.44   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| AXA SA                                                                    | AXA SA                                        | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |    108181 | NS      | $4886743.58   | 0.20%             |  |  |  | No            | 2                  | On Loan: No      |
| Banco Santander, S.A.                                                     | BANCO SANTANDER SA                            | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |    602758 | NS      | $6464888.88   | 0.27%             |  |  |  | No            | 2                  | On Loan: No      |
| VALEO SE                                                                  | VALEO SA                                      | CUSIP: N/A<br>LEI: 5493006IH2N2WMIBB742       | Long             | EC               | CORP              | FR        |    104467 | NS      | $1323877.82   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| MERLIN Properties SOCIMI, S.A.                                            | MERLIN PROPERTIES SOCIMI SA                   | CUSIP: N/A<br>LEI: 959800L8KD863DP30X04       | Long             | EC               | CORP              | ES        |    209183 | NS      | $3089484.53   | 0.13%             |  |  |  | No            | 2                  | On Loan: —       |
| RELX PUBLIC LIMITED COMPANY                                               | RELX PLC                                      | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |     42571 | NS      | $1707010.23   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Hana Financial Group Inc.                                                 | HANA FINANCIAL GROUP INC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     50834 | NS      | $3234859.83   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Nippon Yusen Kabushiki Kaisha                                             | NIPPON YUSEN KK                               | CUSIP: N/A<br>LEI: 353800YPW4XM0ZN5I149       | Long             | EC               | CORP              | JP        |    316600 | NS      | $10028352.84  | 0.42%             |  |  |  | No            | 2                  | On Loan: No      |
| ONO PHARMACEUTICAL CO., LTD.                                              | ONO PHARMACEUTICAL CO LTD                     | CUSIP: N/A<br>LEI: 529900G26L4NG4GFJZ86       | Long             | EC               | CORP              | JP        |     48494 | NS      | $682997.84    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Dai-ichi Life Holdings, Inc.                                              | DAI ICHI LIFE HOLDINGS INC                    | CUSIP: N/A<br>LEI: 549300ZUFXI7JXZVTZ25       | Long             | EC               | CORP              | JP        |    107296 | NS      | $837188.30    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| COMPAGNIE DE SAINT-GOBAIN SA                                              | COMPAGNIE DE SAINT GOBAIN                     | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |     44866 | NS      | $4477361.01   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| HONDA MOTOR CO., LTD.                                                     | HONDA MOTOR CO LTD                            | CUSIP: N/A<br>LEI: 549300P7ZYCQJ36CCS16       | Long             | EC               | CORP              | JP        |    266718 | NS      | $2689847.13   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Continental Aktiengesellschaft                                            | CONTINENTAL AG                                | CUSIP: N/A<br>LEI: 529900A7YD9C0LLXM621       | Long             | EC               | CORP              | DE        |     23523 | NS      | $1750851.84   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| TOYO SUISAN KAISHA, LTD.                                                  | TOYO SUISAN KAISHA LTD                        | CUSIP: 892306101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    110500 | NS      | $7936594.45   | 0.33%             |  |  |  | No            | 2                  | On Loan: No      |
| DANISH KRONER                                                             | DANISH KRONER                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | DK        |     98334 | NS      | $15280.36     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| COCA-COLA ICECEK ANONIM SIRKETI                                           | COCA COLA ICECEK AS                           | CUSIP: N/A<br>LEI: 789000WT80VVLUWJDK41       | Long             | EC               | CORP              | TR        |    177601 | NS      | $214997.49    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS Group AG                                                              | UBS GROUP AG                                  | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |    487577 | NS      | $18822442.19  | 0.79%             |  |  |  | No            | 2                  | On Loan: No      |
| CTS Eventim AG & Co. KGaA                                                 | CTS EVENTIM AG CO KGAA                        | CUSIP: N/A<br>LEI: 529900FDHSN08UBJII80       | Long             | EC               | CORP              | DE        |     72010 | NS      | $7049905.91   | 0.29%             |  |  |  | No            | 2                  | On Loan: —       |
| PT Aneka Tambang Tbk                                                      | ANEKA TAMBANG TBK                             | CUSIP: N/A<br>LEI: 529900LRE2NALSSHMB80       | Long             | EC               | CORP              | ID        |  12833800 | NS      | $2243574.05   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| RIO TINTO LIMITED                                                         | RIO TINTO LIMITED                             | CUSIP: N/A<br>LEI: 529900X2VMAQT2PE0V24       | Long             | EC               | CORP              | AU        |     27219 | NS      | $2360614.02   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| VOLKSWAGEN AKTIENGESELLSCHAFT                                             | VOLKSWAGEN AG                                 | CUSIP: N/A<br>LEI: 529900NNUPAGGOMPXZ31       | Long             | EC               | CORP              | DE        |    115363 | NS      | $13186172.68  | 0.55%             |  |  |  | No            | 2                  | On Loan: No      |
| SHELL PLC                                                                 | SHELL PLC                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    932028 | NS      | $333666.03    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| NOVO NORDISK A/S                                                          | NOVO NORDISK                                  | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |    276770 | NS      | $13708469.24  | 0.57%             |  |  |  | No            | 2                  | On Loan: —       |
| Koninklijke KPN N.V.                                                      | KONINKLIJKE KPN NV                            | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | EC               | CORP              | NL        |   2534185 | NS      | $11608811.06  | 0.49%             |  |  |  | No            | 2                  | On Loan: No      |
| LVMH MOET HENNESSY LOUIS VUITTON SE                                       | LVMH MOET HENNESSY LOUIS VUITTON SA           | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |     32275 | NS      | $23852137.81  | 1.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                                     | SUMITOMO MITSUI FINANCIAL GROUP INC           | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |    169340 | NS      | $5124463.51   | 0.21%             |  |  |  | No            | 2                  | On Loan: No      |
| Central Japan Railway Company                                             | CENTRAL JAPAN RAILWAY CO                      | CUSIP: N/A<br>LEI: 353800YAR3OVUITHTG64       | Long             | EC               | CORP              | JP        |    200400 | NS      | $5476873.87   | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| Sony Group Corporation                                                    | SONY GROUP CORP                               | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |    157000 | NS      | $4607385.31   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| BANQUE CANADIENNE IMPERIALE DE COMMERCE                                   | CANADIAN IMPERIAL BANK OF COMM                | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |     36429 | NS      | $3150158.21   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Randstad N.V.                                                             | RANDSTAD NV                                   | CUSIP: N/A<br>LEI: 7245009EAAUUQJ0U4T57       | Long             | EC               | CORP              | NL        |     47943 | NS      | $1865510.00   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| RIO TINTO PLC                                                             | RIO TINTO PLC                                 | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |    262242 | NS      | $18826793.84  | 0.79%             |  |  |  | No            | 2                  | On Loan: No      |
| LES VETEMENTS DE SPORT GILDAN INC.                                        | GILDAN ACTIVEWEAR INC                         | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |     22997 | NS      | $1319780.60   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Japan Airlines Co., Ltd.                                                  | JAPAN AIRLINES CO LTD                         | CUSIP: N/A<br>LEI: 3538002MH5L1QZZ93477       | Long             | EC               | CORP              | JP        |     63521 | NS      | $1184814.02   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Raia Drogasil S/A                                                         | RAIA DROGASIL SA                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    445300 | NS      | $2003195.06   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Mizuho Financial Group, Inc.                                              | MIZUHO FINANCIAL GROUP INC                    | CUSIP: N/A<br>LEI: 353800CI5L6DDAN5XZ33       | Long             | EC               | CORP              | JP        |    772950 | NS      | $27262133.54  | 1.14%             |  |  |  | No            | 2                  | On Loan: No      |
| POWER GRID CORPORATION OF INDIA LIMITED                                   | POWER GRID CORP OF INDIA LTD                  | CUSIP: N/A<br>LEI: 3358009SHWZ3DZEQ4Z56       | Long             | EC               |  | IN        |    552179 | NS      | $1671341.62   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Nutrien Ltd.                                                              | NUTRIEN LTD                                   | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     36359 | NS      | $2115003.03   | 0.09%             |  |  |  | No            | 1                  | On Loan: —       |
| Alfresa Holdings Corporation                                              | ALFRESA HOLDINGS CORP                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     63439 | NS      | $959315.27    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| EIFFAGE SA                                                                | EIFFAGE SA                                    | CUSIP: N/A<br>LEI: 969500OQXKE5WDM9M994       | Long             | EC               | CORP              | FR        |    104260 | NS      | $14404556.37  | 0.60%             |  |  |  | No            | 2                  | On Loan: No      |
| Lundin Mining Corporation                                                 | LUNDIN MINING CORP                            | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |    500577 | NS      | $9353800.52   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| ORICA LIMITED                                                             | ORICA LTD                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    266739 | NS      | $4166417.39   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| WuXi AppTec Co., Ltd.                                                     | WUXI APPTEC CO LTD                            | CUSIP: N/A<br>LEI: 254900OEPQLZSPLN9175       | Long             | EC               | CORP              | CN        |     99300 | NS      | $1297482.97   | 0.05%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Atlas Copco Aktiebolag                                                    | ATLAS COPCO AB                                | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |   1128655 | NS      | $17284689.30  | 0.72%             |  |  |  | No            | 2                  | On Loan: No      |
| KONGSBERG GRUPPEN ASA                                                     | KONGSBERG GRUPPEN ASA                         | CUSIP: N/A<br>LEI: 5967007LIEEXZXJ9HK73       | Long             | EC               | CORP              | NO        |    401431 | NS      | $9518231.18   | 0.40%             |  |  |  | No            | 2                  | On Loan: No      |
| Nutrien Ltd.                                                              | NUTRIEN LTD                                   | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     36526 | NS      | $2125215.63   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| TELEFONICA BRASIL S.A                                                     | TELEFONICA BRASIL SA                          | CUSIP: N/A<br>LEI: 529900MTGG2HSDBIWG79       | Long             | EC               | CORP              | BR        |    428446 | NS      | $2844105.03   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| ALPS ALPINE CO., LTD.                                                     | ALPS ELECTRIC CO LTD                          | CUSIP: N/A<br>LEI: 529900PWNU4ASLY9VI90       | Long             | EC               | CORP              | JP        |     54371 | NS      | $705921.10    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| TSURUHA HOLDINGS INC.                                                     | TSURUHA HOLDINGS INC                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    108445 | NS      | $1923622.27   | 0.08%             |  |  |  | No            | 2                  | On Loan: —       |
| Asahi Group Holdings, Ltd.                                                | ASAHI BREWERIES LTD                           | CUSIP: N/A<br>LEI: 353800KAJ02XNHLCJW79       | Long             | EC               | CORP              | JP        |    308100 | NS      | $3574070.84   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                                     | INVESCO GVT & AGNCY-INST                      | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  10313290 | NS      | $10313289.79  | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| REPLY S.P.A.                                                              | REPLY SPA                                     | CUSIP: N/A<br>LEI: 815600DAEFB0388F3521       | Long             | EC               | CORP              | IT        |     23117 | NS      | $3078007.90   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Vista Energy, S.A.B. de C.V.                                              | VISTA OIL GAS SAB DE CV ADR                   | CUSIP: 92837L109<br>LEI: 549300UDOHP7958KNS89 | Long             |  | CORP              | MX        |    102590 | NS      | $5043324.40   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Samsung Electronics Co., Ltd.                                             | SAMSUNG ELECTRONICS CO LTD                    | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |     43281 | NS      | $2973167.73   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Zurich Insurance Group AG                                                 | ZURICH INSURANCE GROUP AG                     | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |      5094 | NS      | $3663521.88   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| Sumitomo Electric Industries, Ltd.                                        | SUMITOMO ELECTRIC INDUSTRIES LTD              | CUSIP: N/A<br>LEI: 5493005SP87FL5TOS202       | Long             | EC               | CORP              | JP        |    255600 | NS      | $10072766.94  | 0.42%             |  |  |  | No            | 2                  | On Loan: No      |
| ASICS Corporation                                                         | ASICS CORP                                    | CUSIP: N/A<br>LEI: 3538002LJMRZ83SU0B85       | Long             | EC               | CORP              | JP        |    597800 | NS      | $14320355.40  | 0.60%             |  |  |  | No            | 2                  | On Loan: No      |
| BASF SE                                                                   | BASF SE                                       | CUSIP: N/A<br>LEI: 529900PM64WH8AF1E917       | Long             | EC               | CORP              | DE        |     66136 | NS      | $3448640.42   | 0.14%             |  |  |  | No            | 2                  | On Loan: —       |
| NIKON CORPORATION                                                         | NIKON CORP                                    | CUSIP: 654111103<br>LEI: 549300X7LIS9RFELXJ98 | Long             | EC               | CORP              | JP        |     77160 | NS      | $893148.81    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Adecco Group AG                                                           | ADECCO GROUP AG                               | CUSIP: N/A<br>LEI: NI14Y5UMU60O7JE9P611       | Long             | EC               | CORP              | CH        |     53843 | NS      | $1505521.10   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Erste Group Bank AG                                                       | ERSTE GROUP BANK AG                           | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |     49220 | NS      | $5379323.90   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| SINGAPORE EXCHANGE LIMITED                                                | SINGAPORE EXCHANGE LTD                        | CUSIP: N/A<br>LEI: 549300IQ650PPXM76X03       | Long             | EC               | CORP              | SG        |    947600 | NS      | $12359709.70  | 0.52%             |  |  |  | No            | 2                  | On Loan: No      |
| Kyushu Electric Power Company, Incorporated                               | KYUSHU ELECTRIC POWER CO INC                  | CUSIP: N/A<br>LEI: 549300BYNZPLKQVQH430       | Long             | EC               | CORP              | JP        |    252200 | NS      | $2815046.47   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria, S.A.                                     | BANCO BILBAO VIZCAYA ARGENTARIA SA            | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |   1390283 | NS      | $30045193.53  | 1.26%             |  |  |  | No            | 2                  | On Loan: No      |
| MOBILE TELESYSTEMS PJSC                                                   | MOBILE TELESYSTEMS PJSC                       | CUSIP: 607409109<br>LEI: N/A                  | Long             |  | CORP              | RU        |    177615 | NS      | $0.00         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| WH GROUP LIMITED                                                          | WH GROUP LTD                                  | CUSIP: N/A<br>LEI: 254900A4AYEDRWYSE928       | Long             | EC               | CORP              | KY        |   1600302 | NS      | $1675984.40   | 0.07%             |  |  |  | Yes           | 2                  | On Loan: No      |
| ENI S.P.A.                                                                | ENI SPA                                       | CUSIP: N/A<br>LEI: BUCRF72VH5RBN7X3VL35       | Long             | EC               | CORP              | IT        |    229960 | NS      | $4299355.87   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| INFORMA PLC                                                               | INFORMA PLC                                   | CUSIP: N/A<br>LEI: 5493006VM2LKUPSEDU20       | Long             | EC               | CORP              | GB        |    148716 | NS      | $1890810.12   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Rede D'Or Sao Luiz S.A.                                                   | REDE D OR SAO LUIZ SA                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    198801 | NS      | $1736850.21   | 0.07%             |  |  |  | Yes           | 1                  | On Loan: No      |
| Tele2 AB                                                                  | TELE2 AB                                      | CUSIP: N/A<br>LEI: 213800EKD193RVI9HL76       | Long             | EC               | CORP              | SE        |    355742 | NS      | $5670788.47   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| Eisai Co., Ltd.                                                           | EISAI CO                                      | CUSIP: N/A<br>LEI: 353800HDEE0ZYEX4QV91       | Long             | EC               | CORP              | JP        |     38467 | NS      | $1206581.54   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Koninklijke Philips N.V.                                                  | KONINKLIJKE PHILIPS NV                        | CUSIP: N/A<br>LEI: H1FJE8H61JGM1JSGM897       | Long             | EC               | CORP              | NL        |    159664 | NS      | $4503522.18   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| Ferrari N.V.                                                              | FERRARI NV                                    | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | NL        |      3830 | NS      | $1504316.99   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| SHOPIFY INC.                                                              | SHOPIFY INC                                   | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     10368 | NS      | $1656297.83   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| GAZTRANSPORT ET TECHNIGAZ SA                                              | GAZTRANSPORT ET TECHNIGAZ SA                  | CUSIP: N/A<br>LEI: 969500BVOHVZUUFWDT54       | Long             | EC               | CORP              | FR        |     34429 | NS      | $6881543.06   | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| HUNGARIAN FORINT                                                          | HUNGARIAN FORINT                              | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | HU        |         1 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Pop Mart International Group Ltd                                          | POP MART INTERNATIONAL GROUP LTD              | CUSIP: N/A<br>LEI: 9845000A05E8F937E337       | Long             | EC               | CORP              | KY        |     50200 | NS      | $1456912.51   | 0.06%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Advanced Info Service Public Company Limited                              | ADVANCED INFO SERVICE NVDR                    | CUSIP: N/A<br>LEI: 529900DU2YW1NO5RMU78       | Long             |  | CORP              | TH        |    140600 | NS      | $1344089.47   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Sumitomo Mitsui Trust Group, Inc.                                         | SUMITOMO MITSUI TRUST GROUP IN                | CUSIP: N/A<br>LEI: 353800P843RLCDBLNT17       | Long             | EC               | CORP              | JP        |    140840 | NS      | $4092014.68   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| VALLOUREC SA                                                              | VALLOUREC SACA                                | CUSIP: N/A<br>LEI: 969500P2Q1B47H4MCJ34       | Long             | EC               | CORP              | FR        |     81910 | NS      | $1492112.24   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Technip Energies N.V.                                                     | TECHNIP ENERGIES NV                           | CUSIP: N/A<br>LEI: 724500FLODI49NSCIP70       | Long             | EC               | CORP              | NL        |    133766 | NS      | $5223776.19   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| SANLAM LIMITED                                                            | SANLAM LTD                                    | CUSIP: N/A<br>LEI: 37890014418406D9FC23       | Long             | EC               | CORP              | ZA        |    232440 | NS      | $1247907.83   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Raizen S.A.                                                               | RAIZEN SA                                     | CUSIP: N/A<br>LEI: 5493000WQL3QP7QXX484       | Long             | EC               | CORP              | BR        |   2304700 | NS      | $362720.48    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| CAPGEMINI SE                                                              | CAPGEMINI SA                                  | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |     45324 | NS      | $7100562.27   | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| YAMATO HOLDINGS CO.,LTD.                                                  | YAMATO HOLDINGS CO LTD                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    118110 | NS      | $1701295.10   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| GSK PLC                                                                   | GSK PLC                                       | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |    791120 | NS      | $18822735.73  | 0.79%             |  |  |  | No            | 2                  | On Loan: No      |
| Yokogawa Electric Corporation                                             | YOKOGAWA ELECTRIC CORP                        | CUSIP: N/A<br>LEI: 529900MV0U7C9WWF4L22       | Long             | EC               | CORP              | JP        |    190300 | NS      | $6087185.68   | 0.25%             |  |  |  | No            | 2                  | On Loan: No      |
| Euronext N.V.                                                             | EURONEXT NV                                   | CUSIP: N/A<br>LEI: 724500QJ4QSZ3H9QU415       | Long             | EC               | CORP              | NL        |     41202 | NS      | $6312828.11   | 0.26%             |  |  |  | Yes           | 2                  | On Loan: No      |
| DAIWA HOUSE INDUSTRY CO.,LTD.                                             | DAIWA HOUSE INDUSTRY CO LTD                   | CUSIP: N/A<br>LEI: 353800K9WXR9XRZJZI46       | Long             | EC               | CORP              | JP        |    158300 | NS      | $5403482.38   | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| BAIDU, INC.                                                               | BAIDU INC                                     | CUSIP: N/A<br>LEI: 254900AL64IANZYI1E02       | Long             | EC               | CORP              | KY        |    212156 | NS      | $3128073.22   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Logitech international S.A.                                               | LOGITECH INTERNATIONAL SA                     | CUSIP: N/A<br>LEI: 549300SN6PRK6IJJC215       | Long             | EC               | CORP              | CH        |     93214 | NS      | $10520681.08  | 0.44%             |  |  |  | No            | 2                  | On Loan: No      |
| On Holding AG                                                             | ON HOLDING AG                                 | CUSIP: H5919C104<br>LEI: 506700FB3467B9W95526 | Long             | EC               | CORP              | CH        |    107759 | NS      | $4740318.41   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Resona Holdings, Inc.                                                     | RESONA HOLDING INC                            | CUSIP: N/A<br>LEI: 52990067JE75XZCYYT81       | Long             | EC               | CORP              | JP        |    390192 | NS      | $3972641.00   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| REXEL SA                                                                  | REXEL SA                                      | CUSIP: N/A<br>LEI: 969500N6AVPA51648T62       | Long             | EC               | CORP              | FR        |    346288 | NS      | $13195654.35  | 0.55%             |  |  |  | No            | 2                  | On Loan: No      |
| Siemens Aktiengesellschaft                                                | SIEMENS AG                                    | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |    135880 | NS      | $36031213.90  | 1.51%             |  |  |  | No            | 2                  | On Loan: No      |
| UNILEVER PLC                                                              | UNILEVER PLC                                  | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |     70636 | NS      | $4249384.82   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| Sulzer AG                                                                 | SULZER AG                                     | CUSIP: N/A<br>LEI: 529900NZ6MAST5IJF669       | Long             | EC               | CORP              | CH        |     19250 | NS      | $3362967.44   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| NEC Corporation                                                           | NEC CORP                                      | CUSIP: N/A<br>LEI: 5493000QYMPFRTEY4K28       | Long             | EC               | CORP              | JP        |    141400 | NS      | $5342974.99   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| SHINHAN FINANCIAL GROUP CO.,LTD                                           | SHINHAN FINANCIAL GROUP CO LTD                | CUSIP: N/A<br>LEI: 988400EB8A6G49E5KO54       | Long             | EC               | CORP              | KR        |     87348 | NS      | $4669714.26   | 0.20%             |  |  |  | No            | 2                  | On Loan: No      |
| Evonik Industries AG                                                      | EVONIK INDUSTRIES AG                          | CUSIP: N/A<br>LEI: 41GUOJQTALQHLF39XJ34       | Long             | EC               | CORP              | DE        |    120355 | NS      | $1852097.89   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| LAND SECURITIES GROUP PLC                                                 | LAND SECURITIES GROUP PLC                     | CUSIP: N/A<br>LEI: 213800V8IAVKS37D6B88       | Long             | EC               | CORP              | GB        |    231380 | NS      | $1851937.03   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED                                | NIPPON LIFE INDIA ASSET MANAGEMENT LTD        | CUSIP: N/A<br>LEI: 335800ZQXV958RZSRU89       | Long             | EC               | CORP              | IN        |    475796 | NS      | $4671182.30   | 0.20%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Iberdrola, S.A.                                                           | IBERDROLA SA                                  | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |    141399 | NS      | $2984246.38   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| America Movil, S.A.B. de C.V.                                             | AMERICA MOVIL SAB DE CV                       | CUSIP: 02390A101<br>LEI: 5493000FNR3UCEAONM59 | Long             |  | CORP              | MX        |    155935 | NS      | $3598979.80   | 0.15%             |  |  |  | No            | 1                  | On Loan: —       |
| MSILF Government Portfolio                                                | MSILF GOVERNMENT-INST                         | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  10316584 | NS      | $10316583.69  | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| HINO MOTORS, LTD.                                                         | HINO MOTORS LTD                               | CUSIP: 433406105<br>LEI: 3538009ZU0PHKNHJM202 | Long             | EC               | CORP              | JP        |    158453 | NS      | $398801.73    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| AUMOVIO SE                                                                | AUMOVIO SE                                    | CUSIP: N/A<br>LEI: 391200IGI9RQ7VTOK384       | Long             | EC               | CORP              | DE        |     16804 | NS      | $723301.93    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| TOYOTA MOTOR CORPORATION                                                  | TOYOTA MOTOR CORP                             | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |   1674700 | NS      | $33784995.70  | 1.41%             |  |  |  | No            | 2                  | On Loan: No      |
| KING YUAN ELECTRONICS CO., LTD.                                           | KING YUAN ELECTRONICS CO LTD                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    388000 | NS      | $2842374.91   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Sumitomo Heavy Industries, Ltd.                                           | SUMITOMO HEAVY INDUSTRIES LTD                 | CUSIP: N/A<br>LEI: 353800VSTEIRMBC3S374       | Long             | EC               | CORP              | JP        |     36342 | NS      | $990880.29    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Nordea Bank Abp                                                           | NORDEA BANK ABP                               | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |    960745 | NS      | $16998802.33  | 0.71%             |  |  |  | No            | 2                  | On Loan: No      |
| Fresenius SE & Co. KGaA                                                   | FRESENIUS SE CO KGAA                          | CUSIP: N/A<br>LEI: XDFJ0CYCOO1FXRFTQS51       | Long             | EC               | CORP              | DE        |     66599 | NS      | $3658025.12   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| GREAT BRITISH POUND                                                       | GREAT BRITISH POUND                           | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | GB        |    213964 | NS      | $283182.05    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| RTL Group S.A.                                                            | RTL GROUP S A                                 | CUSIP: N/A<br>LEI: 5493000C8J3C3SZYS040       | Long             | EC               | CORP              | LU        |     22621 | NS      | $893165.94    | 0.04%             |  |  |  | No            | 2                  | On Loan: —       |
| DRAX GROUP PLC                                                            | DRAX GROUP PLC                                | CUSIP: N/A<br>LEI: 549300YPSNTXR4ZHSR98       | Long             | EC               | CORP              | GB        |    214021 | NS      | $2105623.15   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| SINGAPORE TECHNOLOGIES ENGINEERING LTD                                    | SINGAPORE TECHNOLOGIES ENGINEERING LTD        | CUSIP: N/A<br>LEI: 254900OEXGGWCR24DG90       | Long             | EC               | CORP              | SG        |   1327200 | NS      | $8521232.44   | 0.36%             |  |  |  | No            | 2                  | On Loan: No      |
| QANTAS AIRWAYS LIMITED                                                    | QANTAS AIRWAYS LIMITED                        | CUSIP: N/A<br>LEI: YLXNW6TI6QSK1H8H0N82       | Long             | EC               | CORP              | AU        |    820096 | NS      | $5366371.87   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| SCHNEIDER ELECTRIC SE                                                     | SCHNEIDER ELECTRIC SA                         | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |     15775 | NS      | $4244592.39   | 0.18%             |  |  |  | No            | 2                  | On Loan: —       |
| Allianz SE                                                                | ALLIANZ SE                                    | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |     82688 | NS      | $35688149.83  | 1.49%             |  |  |  | No            | 2                  | On Loan: No      |
| SAMSUNG E&A CO.,LTD                                                       | SAMSUNG E A CO LTD                            | CUSIP: N/A<br>LEI: 988400HDAY5KIVHGZ188       | Long             | EC               | CORP              | KR        |    151374 | NS      | $2638536.16   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| BT GROUP PLC                                                              | BT GROUP PLC                                  | CUSIP: N/A<br>LEI: 213800LRO7NS5CYQMN21       | Long             | EC               | CORP              | GB        |   1358925 | NS      | $3258326.27   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| RELIANCE INDUSTRIES LIMITED                                               | RELIANCE INDUSTRIES LTD                       | CUSIP: N/A<br>LEI: 5493003UOETFYRONLG31       | Long             | EC               | CORP              | IN        |    182746 | NS      | $3215200.13   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| THK CO.,LTD.                                                              | THK CO LTD                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     34815 | NS      | $892466.51    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| MatsukiyoCocokara & Co.                                                   | MATSUKIYOCOCOKARA CO                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    223100 | NS      | $4126800.23   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in Muenchen | MUENCHENER RUECKVERSICHERUNGS GESELLSCHAFT AG | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |      4755 | NS      | $2996303.01   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Sanrio Company,Ltd.                                                       | SANRIO CO LTD                                 | CUSIP: N/A<br>LEI: 3538002Q5JQLOMSPH125       | Long             | EC               | CORP              | JP        |    196000 | NS      | $7022627.31   | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| SHELL PLC                                                                 | SHELL PLC                                     | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    931372 | NS      | $34223696.28  | 1.43%             |  |  |  | No            | 2                  | On Loan: No      |
| HINDALCO INDUSTRIES LIMITED                                               | HINDALCO INDUSTRIES LTD                       | CUSIP: N/A<br>LEI: 335800KXLE5NO5B4GF90       | Long             | EC               | CORP              | IN        |    233270 | NS      | $2117723.01   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Kakaku.com Inc                                                            | KAKAKU COM INC                                | CUSIP: N/A<br>LEI: 353800KA15Y0DCPWYY65       | Long             | EC               | CORP              | JP        |    614400 | NS      | $9070509.01   | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| SAFRAN SA                                                                 | SAFRAN SA                                     | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |     76708 | NS      | $25782973.44  | 1.08%             |  |  |  | No            | 2                  | On Loan: No      |
| argenx SE                                                                 | ARGENX SE                                     | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |      2822 | NS      | $2572188.43   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| BAWAG Group AG                                                            | BAWAG GROUP AG                                | CUSIP: N/A<br>LEI: 529900S9YO2JHTIIDG38       | Long             | EC               | CORP              | AT        |     97802 | NS      | $13094979.62  | 0.55%             |  |  |  | Yes           | 2                  | On Loan: No      |
| ASML Holding N.V.                                                         | ASML HOLDING N V                              | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     35894 | NS      | $37958490.68  | 1.59%             |  |  |  | No            | 2                  | On Loan: No      |
| Saudi Awwal Bank SJSC                                                     | SAUDI AWWAL BANK                              | CUSIP: M8234F111<br>LEI: 558600TQS0WENZUC5190 | Long             | EC               | CORP              | SA        |    151395 | NS      | $1237070.91   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| COFORGE LIMITED                                                           | COFORGE LTD                                   | CUSIP: N/A<br>LEI: 3358004YL9JGBNP4KF72       | Long             | EC               | CORP              | IN        |    135541 | NS      | $2906347.32   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Cencosud S.A.                                                             | CENCOSUD SA                                   | CUSIP: N/A<br>LEI: 549300NLTGCFV7482429       | Long             | EC               | CORP              | CL        |   2043048 | NS      | $6429141.21   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| ROLLS-ROYCE HOLDINGS PLC                                                  | ROLLS ROYCE HOLDINGS PLC                      | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |    321134 | NS      | $4531896.82   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED                             | ADANI PORTS SPECIAL ECONOMIC ZONE LTD         | CUSIP: N/A<br>LEI: 335800QOAXP5TM7OYP69       | Long             | EC               | CORP              | IN        |     92209 | NS      | $1568866.46   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| HANKOOK TIRE & TECHNOLOGY CO., LTD.                                       | HANKOOK TIRE TECHNOLOGY CO                    | CUSIP: N/A<br>LEI: 9884001BIEVM09M7AH02       | Long             | EC               | CORP              | KR        |     21714 | NS      | $908871.43    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| ORANGE SA                                                                 | ORANGE SA                                     | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |    446534 | NS      | $7359742.42   | 0.31%             |  |  |  | No            | 2                  | On Loan: —       |
| Sumitomo Realty & Development Co., Ltd.                                   | SUMITOMO REALTY DEVELOPMENT                   | CUSIP: N/A<br>LEI: 353800SO2DCLOI3LNZ64       | Long             | EC               | CORP              | JP        |    305900 | NS      | $14783815.94  | 0.62%             |  |  |  | No            | 2                  | On Loan: No      |
| HSBC HOLDINGS PLC                                                         | HSBC HOLDINGS PLC                             | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |   2155568 | NS      | $30541997.18  | 1.28%             |  |  |  | No            | 2                  | On Loan: No      |
| Softcat PLC                                                               | SOFTCAT PLC                                   | CUSIP: N/A<br>LEI: 213800N42YZLR9GLVC42       | Long             | EC               | CORP              | GB        |    156714 | NS      | $3007269.69   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| HYUNDAI ROTEM COMPANY                                                     | HYUNDAI ROTEM CO LTD                          | CUSIP: Y3R36Z108<br>LEI: 988400HB939UNHXTFY36 | Long             | EC               | CORP              | KR        |     41327 | NS      | $4949999.33   | 0.21%             |  |  |  | No            | 2                  | On Loan: No      |
| Sandoz Group AG                                                           | SANDOZ GROUP AG                               | CUSIP: N/A<br>LEI: 5493000JWK6XWFEUD320       | Long             | EC               | CORP              | CH        |    105828 | NS      | $7487662.38   | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                                      | HSBC US GOVT MMKT-I                           | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  10313290 | NS      | $10313289.79  | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| ENDEAVOUR MINING PLC                                                      | ENDEAVOUR MINING PLC                          | CUSIP: N/A<br>LEI: 529900NI5MXQ91GHXR07       | Long             | EC               | CORP              | GB        |    136307 | NS      | $6259801.18   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| RENAULT SA                                                                | RENAULT SA                                    | CUSIP: N/A<br>LEI: 969500F7JLTX36OUI695       | Long             | EC               | CORP              | FR        |     41804 | NS      | $1675551.69   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| ASTRAZENECA PLC                                                           | ASTRAZENECA PLC                               | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     32619 | NS      | $6046957.79   | 0.25%             |  |  |  | No            | 2                  | On Loan: No      |
| Essity Aktiebolag (publ)                                                  | ESSITY AKTIEBOLAG B                           | CUSIP: N/A<br>LEI: 549300G8E6YUVJ1DA153       | Long             | EC               | CORP              | SE        |    156464 | NS      | $4333099.03   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| STANDARD CHARTERED PLC                                                    | STANDARD CHARTERED PLC                        | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |    666043 | NS      | $14750428.45  | 0.62%             |  |  |  | No            | 2                  | On Loan: No      |
| BANCO BPM SOCIETA PER AZIONI                                              | BANCO BPM SPA                                 | CUSIP: N/A<br>LEI: 815600E4E6DCD2D25E30       | Long             | EC               | CORP              | IT        |   1019609 | NS      | $14693824.88  | 0.61%             |  |  |  | No            | 2                  | On Loan: No      |
| BHP GROUP LIMITED                                                         | BHP GROUP LIMITED                             | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |    857155 | NS      | $23448901.30  | 0.98%             |  |  |  | No            | 2                  | On Loan: No      |
| JAPANESE YEN                                                              | JAPANESE YEN                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | JP        |  34906664 | NS      | $223488.47    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| Koninklijke Ahold Delhaize N.V.                                           | KONINKLIJKE AHOLD DELHAIZE NV                 | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |     53876 | NS      | $2230093.47   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| SCREEN Holdings Co.,Ltd.                                                  | SCREEN HOLDINGS CO LTD                        | CUSIP: N/A<br>LEI: 353800ND89FTQ9XQ0R07       | Long             | EC               | CORP              | JP        |     20900 | NS      | $1723910.73   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Sanwa Holdings Corporation                                                | SANWA HOLDINGS CORP                           | CUSIP: N/A<br>LEI: 5299003X6BCA4ROO5A70       | Long             | EC               | CORP              | JP        |    610800 | NS      | $15753851.84  | 0.66%             |  |  |  | No            | 2                  | On Loan: No      |
| JD Health International Inc                                               | JD HEALTH INTERNATIONAL INC                   | CUSIP: G5074A100<br>LEI: 254900OM3MAXYK8PCC84 | Long             | EC               | CORP              | KY        |    163450 | NS      | $1293170.14   | 0.05%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Recruit Holdings Co.,Ltd.                                                 | RECRUIT HOLDINGS CO LTD                       | CUSIP: N/A<br>LEI: 353800R2LRSMVVC4I806       | Long             | EC               | CORP              | JP        |     25300 | NS      | $1294124.32   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Lojas Renner S.A.                                                         | LOJAS RENNER SA                               | CUSIP: N/A<br>LEI: 52990032N7OAAM138D78       | Long             | EC               | CORP              | BR        |    561810 | NS      | $1657862.12   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| BRAMBLES LIMITED                                                          | BRAMBLES LTD                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    381578 | NS      | $6012051.57   | 0.25%             |  |  |  | No            | 2                  | On Loan: No      |
| HORIBA,Ltd.                                                               | HORIBA LTD                                    | CUSIP: N/A<br>LEI: 529900OOTWPYSNW0EC84       | Long             | EC               | CORP              | JP        |     14040 | NS      | $1301625.74   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| CENTRICA PLC                                                              | CENTRICA PLC                                  | CUSIP: N/A<br>LEI: E26EDV109X6EEPBKVH76       | Long             | EC               | CORP              | GB        |   5235415 | NS      | $11888968.24  | 0.50%             |  |  |  | No            | 2                  | On Loan: No      |
| SEA LIMITED                                                               | SEA LTD ADR                                   | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             |  | CORP              | KY        |     16088 | NS      | $2236392.88   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| CK ASSET HOLDINGS LIMITED                                                 | CK ASSET HOLDINGS LIMITED                     | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | KY        |   2955764 | NS      | $15198537.79  | 0.64%             |  |  |  | No            | 2                  | On Loan: No      |
| SEGA SAMMY HOLDINGS INC.                                                  | SEGA SAMMY HOLDINGS INC                       | CUSIP: N/A<br>LEI: 5493006B6WMKNQ8QNP51       | Long             | EC               | CORP              | JP        |     43840 | NS      | $753438.81    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| ARKEMA SA                                                                 | ARKEMA SA                                     | CUSIP: N/A<br>LEI: 9695000EHMS84KKP2785       | Long             | EC               | CORP              | FR        |    150595 | NS      | $9178572.97   | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| Ultrapar Participacoes S.A.                                               | ULTRAPAR PARTICIPACOES SA                     | CUSIP: N/A<br>LEI: 529900FU4XBXGQMLRE72       | Long             | EC               | CORP              | BR        |    349193 | NS      | $1438696.36   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| KONAMI GROUP CORPORATION                                                  | KONAMI GROUP CORP                             | CUSIP: N/A<br>LEI: 353800FC4A5QCMIZFV94       | Long             | EC               | CORP              | JP        |     44800 | NS      | $6847541.84   | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| KB Financial Group Inc.                                                   | KB FINANCIAL GROUP INC                        | CUSIP: N/A<br>LEI: 529900TKE4MXG3Q6GW86       | Long             | EC               | CORP              | KR        |     36219 | NS      | $3090178.60   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| SBERBANK OF RUSSIA PJSC                                                   | SBERBANK OF RUSSIA PJSC                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |    564350 | NS      | $0.00         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| HAKUHODO DY HOLDINGS INCORPORATED                                         | HAKUHODO DY HOLDINGS INC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    114430 | NS      | $864974.16    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Coca-Cola HBC AG                                                          | COCA COLA HBC AG                              | CUSIP: N/A<br>LEI: 549300EFP3TNG7JGVE49       | Long             | EC               | CORP              | CH        |    403110 | NS      | $20220686.51  | 0.85%             |  |  |  | No            | 2                  | On Loan: No      |
| Aktiebolaget SKF                                                          | SKF AB B SHARES                               | CUSIP: N/A<br>LEI: 549300B6HWYEE57O8J84       | Long             | EC               | CORP              | SE        |    129597 | NS      | $3400779.25   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Galp Energia, SGPS, S.A.                                                  | GALP ENERGIA SGPS SA                          | CUSIP: N/A<br>LEI: 2138003319Y7NM75FG53       | Long             | EC               | CORP              | PT        |    229209 | NS      | $4607257.81   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| VEOLIA ENVIRONNEMENT SA                                                   | VEOLIA ENVIRONNEMENT                          | CUSIP: N/A<br>LEI: 969500LENY69X51OOT31       | Long             | EC               | CORP              | FR        |     56438 | NS      | $1920472.96   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| NORWEGIAN KRONE                                                           | NORWEGIAN KRONE                               | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | NO        |     97062 | NS      | $9600.12      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| PRIO S.A.                                                                 | PETRO RIO SA                                  | CUSIP: N/A<br>LEI: 549300IQAZIWK5RVZX23       | Long             | EC               | CORP              | BR        |    465900 | NS      | $3248110.28   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| CHARTER HALL GROUP                                                        | CHARTER HALL GROUP                            | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | AU        |    117184 | NS      | $1909299.32   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| LUKOIL PJSE SPON ADR                                                      | LUKOIL PJSE SPON ADR                          | CUSIP: 69343P105<br>LEI: N/A                  | Long             |  | CORP              | RU        |     34917 | NS      | $0.00         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| J SAINSBURY PLC                                                           | J SAINSBURY PLC                               | CUSIP: N/A<br>LEI: 213800VGZAAJIKJ9Y484       | Long             | EC               | CORP              | GB        |    290910 | NS      | $1240557.39   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Alibaba Group Holding Limited                                             | ALIBABA GROUP HOLDING LTD                     | CUSIP: N/A<br>LEI: 5493001NTNQJDH60PM02       | Long             | EC               | CORP              | KY        |    434357 | NS      | $8546377.58   | 0.36%             |  |  |  | No            | 2                  | On Loan: No      |
| SUBARU CORPORATION                                                        | SUBARU CORP                                   | CUSIP: N/A<br>LEI: 549300N244BVAEE6HH86       | Long             | EC               | CORP              | JP        |    107531 | NS      | $2401840.36   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Fujitsu Limited                                                           | FUJITSU LTD                                   | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |    659900 | NS      | $17509630.85  | 0.73%             |  |  |  | No            | 2                  | On Loan: No      |
| IPSEN SA                                                                  | IPSEN SA                                      | CUSIP: N/A<br>LEI: 549300M6SGDPB4Z94P11       | Long             | EC               | CORP              | FR        |     11292 | NS      | $1630084.00   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                        | FAIRFAX FINANCIAL HOLDINGS LTD                | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |      2140 | NS      | $3685354.76   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| ENGIE SA                                                                  | ENGIE                                         | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |    300913 | NS      | $7656128.50   | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| SK hynix Inc.                                                             | SK HYNIX INC                                  | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |     15522 | NS      | $5623322.70   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| DPM Metals Inc.                                                           | DPM METALS INC                                | CUSIP: 26139R109<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |    160155 | NS      | $4470081.59   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| JAPAN POST INSURANCE Co.,Ltd.                                             | JAPAN POST INSURANCE CO LTD                   | CUSIP: N/A<br>LEI: 54930042SK2Z708BA841       | Long             | EC               | CORP              | JP        |    113010 | NS      | $3143792.44   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| VALTERRA PLATINUM LIMITED                                                 | VALTERRA PLATINUM LTD                         | CUSIP: N/A<br>LEI: 529900RORCZ0E5S5FX81       | Long             | EC               | CORP              | ZA        |      5635 | NS      | $392347.96    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| TAIHEIYO CEMENT CORPORATION                                               | TAIHEIYO CEMENT CORP                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     27167 | NS      | $659304.25    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| DELTA ELECTRONICS, INC.                                                   | DELTA ELECTRONICS INC                         | CUSIP: N/A<br>LEI: 529900UVZWNWGDLJSM52       | Long             | EC               | CORP              | TW        |     72000 | NS      | $2146695.02   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| KOREAN WON                                                                | KOREAN WON                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | KR        | 104370770 | NS      | $70981.21     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Henkel AG & Co. KGaA                                                      | HENKEL AG CO KGAA                             | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |     58087 | NS      | $4684555.87   | 0.20%             |  |  |  | No            | 2                  | On Loan: No      |
| PERSOL HOLDINGS CO.,LTD.                                                  | PERSOL HOLDINGS CO LTD                        | CUSIP: N/A<br>LEI: 3538000H6OI725NB2008       | Long             | EC               | CORP              | JP        |    792490 | NS      | $1425643.21   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| ICICI BANK LIMITED                                                        | ICICI BANK LTD                                | CUSIP: N/A<br>LEI: R7RX8ER1V4666J8D1I38       | Long             | EC               | CORP              | IN        |    192248 | NS      | $2993918.15   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Nestle S.A.                                                               | NESTLE SA                                     | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |    294095 | NS      | $29258082.91  | 1.22%             |  |  |  | No            | 2                  | On Loan: No      |
| FUYAO GLASS INDUSTRY GROUP CO., LTD.                                      | FUYAO GLASS INDUSTRY GROUP CO LTD             | CUSIP: N/A<br>LEI: 549300AS5CSLWETN0P64       | Long             | EC               | CORP              | CN        |    721200 | NS      | $6245156.18   | 0.26%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Takeda Pharmaceutical Company Limited                                     | TAKEDA PHARMACEUTICAL CO LTD                  | CUSIP: N/A<br>LEI: 549300ZLMVP4X0OGR454       | Long             | EC               | CORP              | JP        |     63923 | NS      | $1843221.28   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| SWEDISH KRONE                                                             | SWEDISH KRONE                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | SE        |    474253 | NS      | $50258.39     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| MTN GROUP LIMITED                                                         | MTN GROUP LTD                                 | CUSIP: N/A<br>LEI: 2549009JD6Q6XHZS5E05       | Long             | EC               | CORP              | ZA        |    321394 | NS      | $2971576.89   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| SANOFI SA                                                                 | SANOFI                                        | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |     63879 | NS      | $6370304.92   | 0.27%             |  |  |  | No            | 2                  | On Loan: No      |
| Banco Bradesco S.A.                                                       | BANCO BRADESCO SA                             | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             |  | CORP              | BR        |   1366575 | NS      | $5056327.50   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| SOLVAY SA                                                                 | SOLVAY SA                                     | CUSIP: N/A<br>LEI: 549300MMVL80RTBP3O28       | Long             | EC               | CORP              | BE        |    167192 | NS      | $5331359.34   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| ORACLE CORPORATION JAPAN                                                  | ORACLE CORP JAPAN                             | CUSIP: N/A<br>LEI: 529900MIMKY9RU60Z323       | Long             | EC               | CORP              | JP        |    121100 | NS      | $10417111.24  | 0.44%             |  |  |  | No            | 2                  | On Loan: No      |
| Titan SA                                                                  | TITAN CEMENT INTERNATIONAL SA                 | CUSIP: N/A<br>LEI: 213800H2CDP9I374WH83       | Long             | EC               | CORP              | BE        |     37386 | NS      | $1973167.79   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| JYSKE BANK A/S                                                            | JYSKE BANK A S                                | CUSIP: N/A<br>LEI: 3M5E1GQGKL17HI6CPN30       | Long             | EC               | CORP              | DK        |     46011 | NS      | $5697162.48   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| TURKISH LIRA                                                              | TURKISH LIRA                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | TR        |    199141 | NS      | $4687.82      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Norsk Hydro ASA                                                           | NORSK HYDRO ASA                               | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               | CORP              | NO        |   1083070 | NS      | $7768741.81   | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| AUSTRALIAN DOLLAR                                                         | AUSTRALIAN DOLLAR                             | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | AU        |    122439 | NS      | $80197.63     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| INCHCAPE PLC                                                              | INCHCAPE PLC                                  | CUSIP: N/A<br>LEI: 213800RGEH1MPPNM2T57       | Long             | EC               | CORP              | GB        |    231600 | NS      | $2362562.24   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| E.ON SE                                                                   | E ON SE                                       | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |    108077 | NS      | $1924845.97   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| BRITISH LAND COMPANY PUBLIC LIMITED COMPANY(THE)                          | BRITISH LAND CO PLC                           | CUSIP: N/A<br>LEI: RV5B68J2GV3QGMRPW209       | Long             | EC               | CORP              | GB        |    783636 | NS      | $4215221.95   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| BOC HONG KONG (HOLDINGS) LIMITED                                          | BOC HONG KONG HOLDINGS LTD                    | CUSIP: N/A<br>LEI: 254900JB98W77JDJMW15       | Long             | EC               | CORP              | HK        |    488500 | NS      | $2358523.06   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| BURBERRY GROUP PLC                                                        | BURBERRY GROUP PLC                            | CUSIP: N/A<br>LEI: 213800PE1KEFCNFR1R50       | Long             | EC               | CORP              | GB        |    113616 | NS      | $1717805.14   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| EASYJET PLC                                                               | EASYJET PLC                                   | CUSIP: N/A<br>LEI: 2138001S47XKWIB7TH90       | Long             | EC               | CORP              | GB        |    427014 | NS      | $2821372.57   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| LOTTOMATICA GROUP S.P.A.                                                  | LOTTOMATICA GROUP SPA                         | CUSIP: N/A<br>LEI: 549300R72LKEGT4EX026       | Long             | EC               | CORP              | IT        |    101314 | NS      | $2587759.00   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| The Chiba Bank, Ltd.                                                      | CHIBA BANK LTD THE                            | CUSIP: N/A<br>LEI: FGJPAKKCTZVSKZXNBS63       | Long             | EC               | CORP              | JP        |    293540 | NS      | $3094478.26   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| MACQUARIE GROUP LIMITED.                                                  | MACQUARIE GROUP LTD                           | CUSIP: N/A<br>LEI: ACMHD8HWFMFUIQQ8Y590       | Long             | EC               | CORP              | AU        |     93898 | NS      | $12125597.94  | 0.51%             |  |  |  | No            | 2                  | On Loan: No      |
| SUZUKI MOTOR CORPORATION                                                  | SUZUKI MOTOR CO                               | CUSIP: N/A<br>LEI: 353800D83H0V3ZV1SV24       | Long             | EC               | CORP              | JP        |    116800 | NS      | $1826733.46   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Element Fleet Management Corp.                                            | ELEMENT FINANCIAL CORP                        | CUSIP: 286181201<br>LEI: 5493000PGBS1C22ELQ16 | Long             | EC               | CORP              | CA        |    307187 | NS      | $8184764.91   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| KT CORPORATION                                                            | KT CORP                                       | CUSIP: N/A<br>LEI: 9884005ACF8449EANY26       | Long             | EC               | CORP              | KR        |     67110 | NS      | $2307513.56   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| MONDI PLC                                                                 | MONDI PLC                                     | CUSIP: N/A<br>LEI: 213800LOZA69QFDC9N34       | Long             | EC               | CORP              | GB        |    145661 | NS      | $1675808.99   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| PRADA S.P.A.                                                              | PRADA S P A                                   | CUSIP: N/A<br>LEI: 8156000FE0A2DC5B7852       | Long             | EC               | CORP              | IT        |    654900 | NS      | $3888788.30   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| KLEPIERRE SA                                                              | KLEPIERRE SA                                  | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |    144638 | NS      | $5629763.50   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| Fujikura Ltd.                                                             | FUJIKURA LTD                                  | CUSIP: N/A<br>LEI: 353800PSDZ8VRCKVPL51       | Long             | EC               | CORP              | JP        |     92100 | NS      | $10659588.40  | 0.45%             |  |  |  | No            | 2                  | On Loan: No      |
| ING Groep N.V.                                                            | ING GROEP NV                                  | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |   1189491 | NS      | $30838305.68  | 1.29%             |  |  |  | No            | 2                  | On Loan: No      |
| Hong Kong Exchanges and Clearing Limited                                  | HONG KONG EXCHANGES CLEARING LTD              | CUSIP: N/A<br>LEI: 213800YTVSXYQN17BW16       | Long             | EC               | CORP              | HK        |     31700 | NS      | $1685919.00   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| KASIKORNBANK PUBLIC COMPANY LIMITED                                       | KASIKORNBANK PCL FOREIGN                      | CUSIP: N/A<br>LEI: 5493004COSQ54937AW41       | Long             | EC               | CORP              | TH        |    773791 | NS      | $4487833.98   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| GEA Group Aktiengesellschaft                                              | MG TECHNOLOGIES AG                            | CUSIP: N/A<br>LEI: 549300PHUU0ZZWO8EO07       | Long             | EC               | CORP              | DE        |     20144 | NS      | $1364737.23   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| ELITE MATERIAL CO., LTD.                                                  | ELITE MATERIAL CO LTD                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    207000 | NS      | $10114396.00  | 0.42%             |  |  |  | No            | 2                  | On Loan: No      |
| KOMATSU LTD.                                                              | KOMATSU LIMITED                               | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |     56600 | NS      | $1859452.58   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Vanguard FTSE All-World ex-US Small-Cap Index                             | VANGUARD FTSE ALL WORLD EX US SMALL CAP ETF   | CUSIP: 922042718<br>LEI: N/A                  | Long             |  | RF                | US        |       464 | NS      | $66704.64     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| HARBOUR ENERGY PLC                                                        | HARBOUR ENERGY PLC                            | CUSIP: N/A<br>LEI: 213800YPC42DYBKVPF97       | Long             | EC               | CORP              | GB        |    505842 | NS      | $1394049.35   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| CELESTICA INC.                                                            | CELESTICA INC                                 | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |     35236 | NS      | $12107032.11  | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| GOODMAN GROUP                                                             | GOODMAN GROUP                                 | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | AU        |     64860 | NS      | $1262024.53   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Bumrungrad Hospital Public Company Limited                                | BUMRUNGRAD HOSPITAL PCL NVDR                  | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | TH        |    455600 | NS      | $2404057.24   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| BANK OF CHINA LIMITED                                                     | BANK OF CHINA LTD                             | CUSIP: N/A<br>LEI: 54930053HGCFWVHYZX42       | Long             | EC               | CORP              | CN        |   3494000 | NS      | $2105308.65   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| NISSAN MOTOR CO., LTD.                                                    | NISSAN MOTOR CO LTD                           | CUSIP: N/A<br>LEI: 353800DRBDH1LUTNAY26       | Long             | EC               | CORP              | JP        |    537322 | NS      | $1310099.96   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| POWER FINANCE CORPORATION LIMITED                                         | POWER FINANCE CORP LTD                        | CUSIP: N/A<br>LEI: 3358003Q6D9LIJJZ1614       | Long             | EC               |  | IN        |   1146347 | NS      | $4665703.74   | 0.20%             |  |  |  | No            | 2                  | On Loan: No      |
| IBIDEN CO.,LTD.                                                           | IBIDEN CO LTD                                 | CUSIP: N/A<br>LEI: 52990051DBFIQEY37C91       | Long             | EC               | CORP              | JP        |     91200 | NS      | $6971694.95   | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| WHITECAP RESOURCES INC.                                                   | WHITECAP RESOURCES INC                        | CUSIP: 96467A200<br>LEI: 894500UA4G4BTB67II45 | Long             | EC               | CORP              | CA        |    832122 | NS      | $6961644.72   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Pandora A/S                                                               | PANDORA A S                                   | CUSIP: N/A<br>LEI: 5299007OWYZ6I1E46843       | Long             | EC               | CORP              | DK        |     75453 | NS      | $9030451.64   | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| HIKMA PHARMACEUTICALS PUBLIC LIMITED COMPANY                              | HIKMA PHARMACEUTICALS PLC                     | CUSIP: N/A<br>LEI: 549300BNS685UXH4JI75       | Long             | EC               | CORP              | GB        |    276251 | NS      | $5685053.94   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| BANK OF IRELAND GROUP PUBLIC LIMITED COMPANY                              | BANK OF IRELAND GROUP PLC                     | CUSIP: N/A<br>LEI: 635400C8EK6DRI12LJ39       | Long             | EC               | CORP              | IE        |    629124 | NS      | $11650994.00  | 0.49%             |  |  |  | No            | 2                  | On Loan: No      |
| DCC PUBLIC LIMITED COMPANY                                                | DCC PLC                                       | CUSIP: N/A<br>LEI: 213800UPS1QEE4TD3T45       | Long             | EC               | CORP              | IE        |     29819 | NS      | $1972816.39   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| AMBEV S.A.                                                                | AMBEV SA                                      | CUSIP: N/A<br>LEI: 549300TH5Q6VRP8OT012       | Long             | EC               | CORP              | BR        |   1062039 | NS      | $2757922.65   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Holcim AG                                                                 | HOLCIM LTD                                    | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |     34748 | NS      | $3260523.45   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Tencent Holdings Limited                                                  | TENCENT HOLDINGS LTD                          | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |     95000 | NS      | $7506529.71   | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| Heineken N.V.                                                             | HEINEKEN NV                                   | CUSIP: N/A<br>LEI: 724500K5PTPSST86UQ23       | Long             | EC               | CORP              | NL        |     28347 | NS      | $2311999.39   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND                            | GLDMN SCHS FIN SQ GV-FST                      | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  10323171 | NS      | $10323171.49  | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| SOCIETE GENERALE SA                                                       | SOCIETE GENERALE                              | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | EC               | CORP              | FR        |    127127 | NS      | $8850770.73   | 0.37%             |  |  |  | No            | 2                  | On Loan: No      |
| BYD COMPANY LIMITED                                                       | BYD CO LTD                                    | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |    135600 | NS      | $1704298.51   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Roche Holding AG                                                          | ROCHE HOLDING AG                              | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |     98241 | NS      | $37645819.62  | 1.57%             |  |  |  | No            | 2                  | On Loan: No      |
| KIA CORPORATION                                                           | KIA CORP                                      | CUSIP: N/A<br>LEI: 988400V8MJK9N7OI5X76       | Long             | EC               | CORP              | KR        |     16864 | NS      | $1310546.97   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| PICC Property and Casualty Company Limited                                | PICC PROPERTY CASUALTY CO LTD                 | CUSIP: N/A<br>LEI: 300300F1000311000017       | Long             | EC               | CORP              | CN        |   1264000 | NS      | $2875105.20   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Mercedes-Benz Group AG                                                    | Mercedes Benz Group AG                        | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |     20262 | NS      | $1368114.30   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Boliden AB                                                                | BOLIDEN AB                                    | CUSIP: N/A<br>LEI: 21380059QU7IM1ONDJ56       | Long             | EC               | CORP              | SE        |     37729 | NS      | $1811384.80   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Galaxy Entertainment Group Limited                                        | GALAXY ENTERTAINMENT GROUP LTD                | CUSIP: N/A<br>LEI: 549300ZSEBV3HR826S10       | Long             | EC               | CORP              | HK        |    306000 | NS      | $1587845.70   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| ArcelorMittal SA                                                          | ARCELORMITTAL                                 | CUSIP: N/A<br>LEI: 2EULGUTUI56JI9SAL165       | Long             | EC               | CORP              | LU        |     44726 | NS      | $1938115.54   | 0.08%             |  |  |  | No            | 2                  | On Loan: —       |
| UMICORE SA                                                                | UMICORE SA                                    | CUSIP: N/A<br>LEI: 529900F3AIQECS8ZSV61       | Long             | EC               | CORP              | BE        |    141714 | NS      | $2492683.30   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| AIB GROUP PUBLIC LIMITED COMPANY                                          | AIB GROUP PLC                                 | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | EC               | CORP              | IE        |    403999 | NS      | $4156375.61   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| TOTALENERGIES SE                                                          | TOTALENERGIES SE                              | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |    106095 | NS      | $6978744.95   | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| FUJI ELECTRIC CO., LTD.                                                   | FUJI ELECTRIC CO LTD                          | CUSIP: N/A<br>LEI: 5299000HVNGZZTYYM906       | Long             | EC               | CORP              | JP        |    278000 | NS      | $19409362.17  | 0.81%             |  |  |  | No            | 2                  | On Loan: No      |
| Wolters Kluwer N.V.                                                       | WOLTERS KLUWER NV                             | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |    116460 | NS      | $12350560.46  | 0.52%             |  |  |  | No            | 2                  | On Loan: No      |
| BANCA MEDIOLANUM SPA                                                      | BANCA MEDIOLANUM SPA                          | CUSIP: N/A<br>LEI: 7LVZJ6XRIE7VNZ4UBX81       | Long             | EC               | CORP              | IT        |     83576 | NS      | $1790623.90   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Swedbank AB                                                               | SWEDBANK AB A SHARES                          | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | EC               | CORP              | SE        |     65071 | NS      | $2071894.88   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| NN Group N.V.                                                             | NN GROUP NV                                   | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |    156369 | NS      | $11346135.14  | 0.47%             |  |  |  | No            | 2                  | On Loan: No      |
| Emaar Development PJSC                                                    | EMAAR DEVELOPMENT PJSC                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AE        |   1367425 | NS      | $5474826.21   | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| BANQUE ROYALE DU CANADA                                                   | ROYAL BANK OF CANADA                          | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |     19526 | NS      | $3020360.44   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| 3SBio Inc.                                                                | 3SBIO INC                                     | CUSIP: N/A<br>LEI: 529900P0TQC1E9Y7FN31       | Long             | EC               | CORP              | KY        |    927000 | NS      | $3736486.62   | 0.16%             |  |  |  | Yes           | 2                  | On Loan: No      |
| SHOPRITE HOLDINGS LIMITED                                                 | SHOPRITE HOLDINGS LTD                         | CUSIP: N/A<br>LEI: 529900Q4O1EYP6NH5150       | Long             | EC               | CORP              | ZA        |     90342 | NS      | $1450126.07   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| TOKYO SEIMITSU CO.,LTD.                                                   | TOKYO SEIMITSU CO LTD                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     40100 | NS      | $2670521.78   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| LONDONMETRIC PROPERTY PLC                                                 | LONDONMETRIC PROPERTY PLC                     | CUSIP: N/A<br>LEI: 213800OCERWWPQDURL87       | Long             | EC               | CORP              | GB        |    540569 | NS      | $1345925.41   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| RINNAI CORPORATION                                                        | RINNAI CORP                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     51336 | NS      | $1308260.05   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| AMADA CO.,LTD.                                                            | AMADA CO LTD                                  | CUSIP: N/A<br>LEI: 529900QF5O6TQGCPDX85       | Long             | EC               | CORP              | JP        |     74800 | NS      | $890590.92    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| BRAZILIAN REAL                                                            | BRAZILIAN REAL                                | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | BR        |   6489457 | NS      | $1215868.84   | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| Bora Pharmaceuticals Co., LTD.                                            | BORA PHARMACEUTICALS CO LTD                   | CUSIP: N/A<br>LEI: 254900MK7O5C2UX1SY03       | Long             | EC               | CORP              | TW        |     63387 | NS      | $1104561.72   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| ICG PLC                                                                   | ICG PLC                                       | CUSIP: N/A<br>LEI: 549300OGASR5WRKJ8R68       | Long             | EC               | CORP              | GB        |     88798 | NS      | $2441480.26   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| EQUATORIAL S.A.                                                           | EQUATORIAL ENERGIA SA ORD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    587900 | NS      | $4379537.22   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| SBERBANK ROSSII PAO                                                       | SBERBANK OF RUSSIA PJSC                       | CUSIP: N/A<br>LEI: 549300WE6TAF5EEWQS81       | Long             | EC               | CORP              | RU        |    505824 | NS      | $0.01         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| GENMAB A/S                                                                | GENMAB A S                                    | CUSIP: N/A<br>LEI: 529900MTJPDPE4MHJ122       | Long             | EC               | CORP              | DK        |     17420 | NS      | $5597598.85   | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| DBS GROUP HOLDINGS LTD                                                    | DBS GROUP HOLDINGS LTD                        | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |     65530 | NS      | $2745693.93   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| PERSISTENT SYSTEMS LIMITED                                                | PERSISTENT SYSTEMS LTD                        | CUSIP: N/A<br>LEI: 3358006QYD77Z66S1J89       | Long             | EC               | CORP              | IN        |     18990 | NS      | $1355007.89   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| HOYA CORPORATION                                                          | HOYA CORP                                     | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |    121800 | NS      | $18298451.36  | 0.77%             |  |  |  | No            | 2                  | On Loan: No      |
| Aena, S.M.E., S.A.                                                        | AENA SME SA                                   | CUSIP: E526LK101<br>LEI: 959800R7QMXKF0NFMT29 | Long             | EC               |  | ES        |    481558 | NS      | $13113496.28  | 0.55%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd.                              | TAIWAN SEMICONDUCTOR MANUFACTU                | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |    372000 | NS      | $17154307.00  | 0.72%             |  |  |  | No            | 2                  | On Loan: No      |
| Zalando SE                                                                | ZALANDO SE                                    | CUSIP: N/A<br>LEI: 529900YRFFGH5AXU4S86       | Long             | EC               | CORP              | DE        |     86577 | NS      | $2331919.60   | 0.10%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Headwater Exploration Inc.                                                | HEADWATER EXPLORATION INC                     | CUSIP: 422096107<br>LEI: 549300XIU4JQ0GKLRG88 | Long             | EC               | CORP              | CA        |    245197 | NS      | $1565273.91   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| DB INSURANCE CO.,LTD                                                      | DB INSURANCE CO LTD                           | CUSIP: N/A<br>LEI: 9884000ZF26VNJBWSJ91       | Long             | EC               | CORP              | KR        |     21405 | NS      | $1818238.71   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| VEON Ltd.                                                                 | VEON LTD                                      | CUSIP: 91822M502<br>LEI: 5493008CA3NMHYEVT131 | Long             |  | CORP              | BM        |     11781 | NS      | $628987.59    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Zijin Mining Group Company Limited                                        | ZIJIN MINING GROUP CO LTD                     | CUSIP: N/A<br>LEI: 836800JRNL2393Z2I561       | Long             | EC               | CORP              | CN        |    704000 | NS      | $2799669.90   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| OBAYASHI CORPORATION                                                      | OBAYASHI CORPORATION                          | CUSIP: N/A<br>LEI: 529900YT4O5S0LCXWD54       | Long             | EC               | CORP              | JP        |    346600 | NS      | $7067129.65   | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| BP P.L.C.                                                                 | BP PLC                                        | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |   2104587 | NS      | $12637529.71  | 0.53%             |  |  |  | No            | 2                  | On Loan: No      |
| JGC HOLDINGS CORPORATION                                                  | JGC HOLDINGS CORP                             | CUSIP: N/A<br>LEI: 5493003WMGG79YLARU68       | Long             | EC               | CORP              | JP        |    105552 | NS      | $1288162.31   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| BARCLAYS PLC                                                              | BARCLAYS PLC                                  | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | RF                | GB        |   4792359 | NS      | $27182111.96  | 1.14%             |  |  |  | No            | 2                  | On Loan: No      |
| OBEROI REALTY LIMITED                                                     | OBEROI REALTY LTD                             | CUSIP: N/A<br>LEI: 335800TCKG1XQXN51L44       | Long             | EC               | CORP              | IN        |    179591 | NS      | $3316130.14   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| MITSUBISHI GAS CHEMICAL COMPANY,INC.                                      | MITSUBISHI GAS CHEMICAL CO INC                | CUSIP: N/A<br>LEI: 529900G5O4J27ZPLJJ89       | Long             | EC               | CORP              | JP        |     79460 | NS      | $1373950.62   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Nippon Television Holdings, Inc.                                          | NIPPON TELEVISION HOLDINGS INC                | CUSIP: N/A<br>LEI: 353800QI43C3H97E4W63       | Long             | EC               | CORP              | JP        |     42105 | NS      | $1078636.34   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Tokio Marine Holdings, Inc.                                               | TOKIO MARINE HOLDINGS INC                     | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |    514600 | NS      | $18244786.47  | 0.76%             |  |  |  | No            | 2                  | On Loan: No      |
| HONG KONG DOLLAR                                                          | HONG KONG DOLLAR                              | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | HK        |    582279 | NS      | $74793.11     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| ROHM COMPANY LIMITED                                                      | ROHM CO LTD                                   | CUSIP: N/A<br>LEI: 5493009V2FGDEP7JFE59       | Long             | EC               | CORP              | JP        |    186120 | NS      | $2498949.56   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| NATIONAL GRID PLC                                                         | NATIONAL GRID PLC                             | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |    105527 | NS      | $1603143.90   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| TINGYI (CAYMAN ISLANDS) HOLDING CORP.                                     | TINGYI CAYMAN ISLANDS HOLDING CORP            | CUSIP: N/A<br>LEI: 5299009MPI9B60VN4P25       | Long             | EC               | CORP              | KY        |    658000 | NS      | $1010056.13   | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| CTBC Financial Holding Co., Ltd.                                          | CTBC FINANCIAL HOLDING CO LTD                 | CUSIP: N/A<br>LEI: 549300IWDYIFW6JXM387       | Long             | EC               | CORP              | TW        |   1082000 | NS      | $1499378.91   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| PUBLICIS GROUPE S.A.                                                      | PUBLICIS GROUPE                               | CUSIP: N/A<br>LEI: 2138004KW8BV57III342       | Long             | EC               | CORP              | FR        |     53376 | NS      | $5208907.56   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| BANQUE DE MONTREAL                                                        | BANK OF MONTREAL                              | CUSIP: 063671101<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | EC               | RF                | CA        |     15749 | NS      | $1993956.62   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| INDIAN RUPEE                                                              | INDIA RUPEE                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | IN        |     26307 | NS      | $294.13       | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| NORTHERN STAR RESOURCES LTD                                               | NORTHERN STAR RESOURCES LTD                   | CUSIP: N/A<br>LEI: 254900XFXCRYYZAX6M78       | Long             | EC               | CORP              | AU        |    383346 | NS      | $6891080.29   | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| FINNING INTERNATIONAL INC.                                                | FINNING INTERNATIONAL INC                     | CUSIP: 318071404<br>LEI: 549300QLDCP11KB6XW55 | Long             | EC               | CORP              | CA        |     41366 | NS      | $2213212.74   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| DISCO CORPORATION                                                         | DISCO CORP                                    | CUSIP: N/A<br>LEI: 529900X0YGDYM51H4Q86       | Long             | EC               | CORP              | JP        |     54300 | NS      | $15144158.75  | 0.63%             |  |  |  | No            | 2                  | On Loan: No      |
| ALGONQUIN POWER & UTILITIES CORP.                                         | ALGONQUIN POWER UTILITIES CORP                | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |    502843 | NS      | $3076868.00   | 0.13%             |  |  |  | No            | 1                  | On Loan: —       |
| KIWOOM Securities Co., Ltd.                                               | KIWOOM SECURITIES CO LTD                      | CUSIP: N/A<br>LEI: 988400O27CNGJA2QWJ18       | Long             | EC               | CORP              | KR        |     20344 | NS      | $3792758.35   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Sumitomo Rubber Industries, Ltd.                                          | SUMITOMO RUBBER INDUSTRIES LTD                | CUSIP: N/A<br>LEI: 353800JD4V72SJ3EOX37       | Long             | EC               | CORP              | JP        |     70991 | NS      | $990420.25    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| ITOCHU Corporation                                                        | ITOCHU CORPORATION                            | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |     65400 | NS      | $3923008.64   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Amrize AG                                                                 | AMRIZE LTD                                    | CUSIP: N/A<br>LEI: 529900SLCCO6K43P8146       | Long             | EC               | CORP              | CH        |     37272 | NS      | $1919591.47   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| MAHINDRA AND MAHINDRA LIMITED                                             | MAHINDRA MAHINDRA LTD                         | CUSIP: N/A<br>LEI: 3358003B573EV4KB4Z02       | Long             | EC               | CORP              | IN        |     35901 | NS      | $1511498.15   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| ANHEUSER-BUSCH INBEV SA                                                   | ANHEUSER BUSCH INBEV SA NV                    | CUSIP: N/A<br>LEI: 5493008H3828EMEXB082       | Long             | EC               | CORP              | BE        |     63694 | NS      | $3925933.25   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| PT Bank Negara Indonesia (Persero) Tbk                                    | BANK NEGARA INDONESIA PERSERO TBK PT          | CUSIP: N/A<br>LEI: 549300HZ8J3MLVXQ8F85       | Long             | EC               | CORP              | ID        |   5718796 | NS      | $1465357.35   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Novartis AG                                                               | NOVARTIS AG                                   | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |    303947 | NS      | $39662808.15  | 1.66%             |  |  |  | No            | 2                  | On Loan: No      |
| ANGLO AMERICAN PLC                                                        | ANGLO AMERICAN ORD NPV                        | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |     48048 | NS      | $1815717.78   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| THE UNITE GROUP PLC                                                       | UNITE GROUP PLC THE                           | CUSIP: N/A<br>LEI: 213800BBUUWVDH9YI827       | Long             | EC               | CORP              | GB        |    123559 | NS      | $862931.69    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| NATIONAL ALUMINIUM CO LTD                                                 | NATIONAL ALUMINIUM CO LTD                     | CUSIP: N/A<br>LEI: 335800OM1V78CX7SSC72       | Long             | EC               | CORP              | IN        |   1070279 | NS      | $3121850.65   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| EURO                                                                      | EURO                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | XX        |    902357 | NS      | $1046915.29   | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| BIRKENSTOCK HOLDING PLC                                                   | BIRKENSTOCK HOLDING PLC                       | CUSIP: M2029K104<br>LEI: 529900CQ8LQKQ7LIT631 | Long             | EC               | CORP              | JE        |     37334 | NS      | $1617682.22   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Avanza Bank Holding AB                                                    | AVANZA BANK HOLDING AB                        | CUSIP: N/A<br>LEI: 549300MBWR5H8SIJLE03       | Long             | EC               | CORP              | SE        |     85890 | NS      | $3387384.03   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| CARREFOUR SA                                                              | CARREFOUR SA                                  | CUSIP: N/A<br>LEI: 549300B8P6MUJ1YWTS08       | Long             | EC               | CORP              | FR        |    164747 | NS      | $2536533.54   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Gentera, S.A.B. de C.V.                                                   | GENTERA SAB DE CV                             | CUSIP: N/A<br>LEI: 4469000001ECOWXFNE33       | Long             | EC               | CORP              | MX        |    887666 | NS      | $2090863.14   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| HD HYUNDAI ELECTRIC CO., LTD.                                             | HYUNDAI ELECTRIC ENERGY SYSTEMS CO LTD        | CUSIP: N/A<br>LEI: 988400CSDKM9UHLHGB91       | Long             | EC               | CORP              | KR        |     12044 | NS      | $6381594.17   | 0.27%             |  |  |  | No            | 2                  | On Loan: No      |
| CARNIVAL PLC                                                              | CARNIVAL PLC                                  | CUSIP: N/A<br>LEI: 4DR1VPDQMHD3N3QW8W95       | Long             | EC               | CORP              | GB        |    220350 | NS      | $5277503.98   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| Brookfield Corporation                                                    | BROOKFIELD CORP                               | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |     33211 | NS      | $1568211.39   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Daimler Truck Holding AG                                                  | DAIMLER TRUCK HOLDING AG                      | CUSIP: N/A<br>LEI: 529900PW78JIYOUBSR24       | Long             | EC               | CORP              | DE        |     75036 | NS      | $3175863.31   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| XIAOMI CORPORATION                                                        | XIAOMI CORP                                   | CUSIP: N/A<br>LEI: 2549001ACVFAZRNMKL32       | Long             | EC               | CORP              | KY        |    187800 | NS      | $998351.25    | 0.04%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Banco Bradesco S.A.                                                       | BANCO BRADESCO SA                             | CUSIP: N/A<br>LEI: 549300CTUU1RFXHQJE44       | Long             | EC               | CORP              | BR        |    510000 | NS      | $1877634.76   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Suncor Energy Inc.                                                        | SUNCOR ENERGY INC                             | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |     37666 | NS      | $1693932.18   | 0.07%             |  |  |  | No            | 1                  | On Loan: —       |
| The Swatch Group AG                                                       | SWATCH GROUP AG THE                           | CUSIP: N/A<br>LEI: 529900NTES2LEON1JZ55       | Long             | EC               | CORP              | CH        |     11879 | NS      | $2403502.53   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| International Consolidated Airlines Group, S.A.                           | INTERNATIONAL CONSOLIDATED AIRLINES GROUP SA  | CUSIP: N/A<br>LEI: 959800TZHQRUSH1ESL13       | Long             | EC               | CORP              | ES        |    290324 | NS      | $1523725.35   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| HOWDEN JOINERY GROUP PLC                                                  | HOWDEN JOINERY GROUP PLC                      | CUSIP: N/A<br>LEI: 213800KC1LJOJTY3JP45       | Long             | EC               | CORP              | GB        |    798370 | NS      | $8893528.44   | 0.37%             |  |  |  | No            | 2                  | On Loan: No      |
| TATE & LYLE PUBLIC LIMITED COMPANY                                        | TATE LYLE PLC                                 | CUSIP: N/A<br>LEI: 2138008K14474WPKZ244       | Long             | EC               | CORP              | GB        |    197599 | NS      | $980211.17    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| KOITO MANUFACTURING CO., LTD.                                             | KOITO MANUFACTURING CO LTD                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    149810 | NS      | $2180211.26   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Kanzhun Ltd                                                               | KANZHUN LTD                                   | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             |  | CORP              | KY        |    167827 | NS      | $3708976.70   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Prosus N.V.                                                               | PROSUS NV                                     | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |     54985 | NS      | $3466024.97   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Victory Portfolios III

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer