# EDGAR Filing Document

**Accession Number:** 0001145022
**File Stem:** 0000894189-26-017659
**Filing Date:** 2026-6
**Character Count:** 122425
**Document Hash:** cba50d2281fff48e570a9652bb00cfd1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-017659.hdr.sgml**: 20260608

**ACCESSION NUMBER**: 0000894189-26-017659

**CONFORMED SUBMISSION TYPE**: NPORT-P/A

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260608

**DATE AS OF CHANGE**: 20260608

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HOTCHKIS & WILEY FUNDS /DE/
- **CENTRAL INDEX KEY:** 0001145022

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10487
- **FILM NUMBER:** 261072163

**BUSINESS ADDRESS:**
- **STREET 1:** 601 SOUTH FIGUEROA STREET
- **STREET 2:** 39TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017-5704
- **BUSINESS PHONE:** 2134301000

**MAIL ADDRESS:**
- **STREET 1:** 601 SOUTH FIGUEROA STREET
- **STREET 2:** 39TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017-5704

## Series and Classes Contracts Data

### Hotchkis & Wiley Small Cap Diversified Value Fund (Series ID: S000045868)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000142947 | Class I      | HWVIX           |
| C000142948 | Class A      | HWVAX           |
| C000205773 | Class Z      | HWVZX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** HOTCHKIS & WILEY FUNDS/DE/

- **b. Investment Company Act file number:** 811-10487

- **c. CIK number of Registrant:** 0001145022

- **d. LEI of Registrant:** 549300DFU8YF1PWZ5A57

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

  - **Street Address 1:** 601 South Figueroa Street

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90017-5704

  - **Telephone number:** 213-430-1000

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

- **a. Name of Series:** Hotchkis and Wiley Small Cap Diversified Value Fund

- **b. EDGAR series identifier (if any):** S000045868

- **c. LEI of Series:** 54930003839YVROMGP37

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $823100888.66

**Total Liabilities:** $5417379.84

**Net Assets:** $817683508.82

**Cash Not Reported:** $434174.40

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000142947 | -1.76%               | 2.94%                | 0.65%                |
| Class ID C000142948 | -1.78%               | 2.89%                | 0.73%                |
| Class ID C000205773 | -1.84%               | 2.94%                | 0.72%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1142807.71              | $-15847587.72                              |
| Month 2  | $0.00                    | $21937314.57                               |
| Month 3  | $1696713.92              | $2468012.04                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Ares Commercial Real Estate Co            | Ares Commercial Real Estate Corp           | CUSIP: 04013V108<br>LEI: 549300ZNO5IWXS443S81 | Long             | EC               | CORP              | US        |    322100 | NS      | $1539638.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Artesian Resources Corp                   | Artesian Resources Corp                    | CUSIP: 043113208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22700 | NS      | $717547.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| 1st Source Corp                           | 1st Source Corp                            | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38866 | NS      | $2428736.34   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Kaiser Aluminum Corp                      | Kaiser Aluminum Corp                       | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41800 | NS      | $4801148.00   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| MillerKnoll Inc                           | MillerKnoll Inc                            | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |     95300 | NS      | $1742084.00   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Olin Corp                                 | Olin Corp                                  | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |    152000 | NS      | $3166160.00   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Stagwell Inc                              | Stagwell Inc                               | CUSIP: 85256A109<br>LEI: 549300KIYTU6J3NYJ009 | Long             | EC               | CORP              | US        |    487300 | NS      | $2382897.00   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Stewart Information Services C            | Stewart Information Services Corp          | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |     33590 | NS      | $2360033.40   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Tri Pointe Homes Inc                      | Tri Pointe Homes Inc                       | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74667 | NS      | $2349770.49   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Timken Co/The                             | Timken Co/The                              | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     41900 | NS      | $3525047.00   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Titan Machinery Inc                       | Titan Machinery Inc                        | CUSIP: 88830R101<br>LEI: 549300835ZM8G0BT5C94 | Long             | EC               | CORP              | US        |    156400 | NS      | $2352256.00   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Towne Bank/Portsmouth VA                  | Towne Bank/Portsmouth VA                   | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |     47600 | NS      | $1588412.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| TriMas Corp                               | TriMas Corp                                | CUSIP: 896215209<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | EC               | CORP              | US        |     63000 | NS      | $2233350.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Tutor Perini Corp                         | Tutor Perini Corp                          | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |     20370 | NS      | $1365197.40   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Adient PLC                                | Adient PLC                                 | CUSIP: N/A<br>LEI: 5493002QLDY8O75RTR78       | Long             | EC               | CORP              | US        |    152905 | NS      | $2931188.85   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Valaris Ltd                               | Valaris Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     32600 | NS      | $1643040.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Asbury Automotive Group Inc               | Asbury Automotive Group Inc                | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |      9854 | NS      | $2291350.62   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Laureate Education Inc                    | Laureate Education Inc                     | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |     63400 | NS      | $2134678.00   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Marten Transport Ltd                      | Marten Transport Ltd                       | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76100 | NS      | $866018.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Maximus Inc                               | Maximus Inc                                | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |     32000 | NS      | $2762240.00   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Merchants Bancorp/IN                      | Merchants Bancorp/IN                       | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |    100100 | NS      | $3409406.00   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Northeast Bank                            | Northeast Bank                             | CUSIP: 66405S100<br>LEI: 549300F0LV9TSW34E306 | Long             | EC               | CORP              | US        |     34100 | NS      | $3544013.00   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Northwestern Energy Group Inc             | Northwestern Energy Group Inc              | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     58500 | NS      | $3775590.00   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Plexus Corp                               | Plexus Corp                                | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |     11123 | NS      | $1635081.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| ProPetro Holding Corp                     | ProPetro Holding Corp                      | CUSIP: 74347M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    343900 | NS      | $3270489.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| RBB Bancorp                               | RBB Bancorp                                | CUSIP: 74930B105<br>LEI: 549300A23FBFZNGET525 | Long             | EC               | CORP              | US        |     53432 | NS      | $1102836.48   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| RPC Inc                                   | RPC Inc                                    | CUSIP: 749660106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    395800 | NS      | $2153152.00   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Robert Half Inc                           | Robert Half Inc                            | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |     98400 | NS      | $2672544.00   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| United Community Banks Inc/GA             | United Community Banks Inc/GA              | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |     48800 | NS      | $1523536.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| LivaNova PLC                              | LivaNova PLC                               | CUSIP: N/A<br>LEI: 2138001K2FX6SHK2B339       | Long             | EC               | CORP              | GB        |     59900 | NS      | $3685647.00   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| National Energy Services Reuni            | National Energy Services Reunited Corp     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    127020 | NS      | $1989133.20   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| American Woodmark Corp                    | American Woodmark Corp                     | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |     38300 | NS      | $2064370.00   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Associated Banc-Corp                      | Associated Banc-Corp                       | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |     59600 | NS      | $1535296.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| ACI Worldwide Inc                         | ACI Worldwide Inc                          | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |     50200 | NS      | $2400062.00   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Seritage Growth Properties                | Seritage Growth Properties                 | CUSIP: 81752R100<br>LEI: 5493003CJFC2MM82WB25 | Long             | EC               | CORP              | US        |    393348 | NS      | $1278381.00   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Synovus Financial Corp                    | Synovus Financial Corp                     | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |     13900 | NS      | $695695.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| TEGNA Inc                                 | TEGNA Inc                                  | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |     90767 | NS      | $1761787.47   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| TrueBlue Inc                              | TrueBlue Inc                               | CUSIP: 89785X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    362700 | NS      | $1650285.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Insperity Inc                             | Insperity Inc                              | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |     32300 | NS      | $1250656.00   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Matson Inc                                | Matson Inc                                 | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     15400 | NS      | $1902670.00   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Miller Industries Inc/TN                  | Miller Industries Inc/TN                   | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |     39130 | NS      | $1462288.10   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Myers Industries Inc                      | Myers Industries Inc                       | CUSIP: 628464109<br>LEI: 549300I2H9XMVTCW4Q51 | Long             | EC               | CORP              | US        |    176800 | NS      | $3309696.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Navient Corp                              | Navient Corp                               | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |    255460 | NS      | $3320980.00   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| NB Bancorp Inc                            | NB Bancorp Inc                             | CUSIP: 63945M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    174600 | NS      | $3460572.00   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| New Jersey Resources Corp                 | New Jersey Resources Corp                  | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |     67300 | NS      | $3103876.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Northwest Natural Holding Co              | Northwest Natural Holding Co               | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     74000 | NS      | $3458760.00   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| AdvanSix Inc                              | AdvanSix Inc                               | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |     40100 | NS      | $693730.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Amerant Bancorp Inc                       | Amerant Bancorp Inc                        | CUSIP: 023576101<br>LEI: 54930071V6LIG79MTL10 | Long             | EC               | CORP              | US        |    118900 | NS      | $2319739.00   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Armstrong World Industries Inc            | Armstrong World Industries Inc             | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |      7400 | NS      | $1414140.00   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Central Pacific Financial Corp            | Central Pacific Financial Corp             | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |     79480 | NS      | $2476596.80   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   8900500 | NS      | $8900500.49   | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| First Busey Corp                          | First Busey Corp                           | CUSIP: 319383204<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EC               | CORP              | US        |    133151 | NS      | $3167662.29   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Five Star Bancorp                         | Five Star Bancorp                          | CUSIP: 33830T103<br>LEI: 5493008ZRBIHKWC0JA73 | Long             | EC               | CORP              | US        |     21600 | NS      | $772848.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Fortune Brands Innovations Inc            | Fortune Brands Innovations Inc             | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |     64300 | NS      | $3216286.00   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Heritage Commerce Corp                    | Heritage Commerce Corp                     | CUSIP: 426927109<br>LEI: 549300CLIS851ELSR406 | Long             | EC               | CORP              | US        |    231600 | NS      | $2781516.00   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Independent Bank Corp                     | Independent Bank Corp                      | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |     35900 | NS      | $2623572.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| JAKKS Pacific Inc                         | JAKKS Pacific Inc                          | CUSIP: 47012E403<br>LEI: 549300UEF3348JRXQ295 | Long             | EC               | CORP              | US        |     90400 | NS      | $1525952.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Kforce Inc                                | Kforce Inc                                 | CUSIP: 493732101<br>LEI: 5493003RDQQDVXY2SK46 | Long             | EC               | CORP              | US        |    114800 | NS      | $3549616.00   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Live Oak Bancshares Inc                   | Live Oak Bancshares Inc                    | CUSIP: 53803X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     96400 | NS      | $3311340.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| MDU Resources Group Inc                   | MDU Resources Group Inc                    | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124400 | NS      | $2428288.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| MGIC Investment Corp                      | MGIC Investment Corp                       | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |     55430 | NS      | $1619664.60   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Mercantile Bank Corp                      | Mercantile Bank Corp                       | CUSIP: 587376104<br>LEI: P16VZZCKTJ5IONL6XE37 | Long             | EC               | CORP              | US        |     50600 | NS      | $2433860.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Park Hotels & Resorts Inc                 | Park Hotels & Resorts Inc                  | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |    291900 | NS      | $3053274.00   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Preferred Bank/Los Angeles CA             | Preferred Bank/Los Angeles CA              | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |     34840 | NS      | $3289941.20   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Provident Financial Services I            | Provident Financial Services Inc           | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |    162472 | NS      | $3208822.00   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Resideo Technologies Inc                  | Resideo Technologies Inc                   | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |     51910 | NS      | $1823079.20   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| John B Sanfilippo & Son Inc               | John B Sanfilippo & Son Inc                | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Long             | EC               | CORP              | US        |     37100 | NS      | $2619260.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Science Applications Internati            | Science Applications International Corp    | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |     24500 | NS      | $2466170.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Sonic Automotive Inc                      | Sonic Automotive Inc                       | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |     30350 | NS      | $1877451.00   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Sonoco Products Co                        | Sonoco Products Co                         | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |     40000 | NS      | $1745600.00   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Aspen Insurance Holdings Ltd              | Aspen Insurance Holdings Ltd               | CUSIP: N/A<br>LEI: 549300YX6HECG9XQCQ75       | Long             | EC               | CORP              | BM        |     75200 | NS      | $2789920.00   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Helen of Troy Ltd                         | Helen of Troy Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     99700 | NS      | $2118625.00   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Inmode Ltd                                | Inmode Ltd                                 | CUSIP: N/A<br>LEI: 984500DD95A35E9BD358       | Long             | EC               | CORP              | IL        |    225400 | NS      | $3311126.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Euronet Worldwide Inc                     | Euronet Worldwide Inc                      | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     37400 | NS      | $2846514.00   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Gentex Corp                               | Gentex Corp                                | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |    122800 | NS      | $2857556.00   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Great Southern Bancorp Inc                | Great Southern Bancorp Inc                 | CUSIP: 390905107<br>LEI: 5493000ZL7DLNMN1AB26 | Long             | EC               | CORP              | US        |     27110 | NS      | $1668891.60   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| PC Connection Inc                         | PC Connection Inc                          | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |     13100 | NS      | $756656.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Phinia Inc                                | Phinia Inc                                 | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |     30100 | NS      | $1886969.00   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Portland General Electric Co              | Portland General Electric Co               | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     80600 | NS      | $3867994.00   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| SLM Corp                                  | SLM Corp                                   | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121600 | NS      | $3290496.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Selective Insurance Group Inc             | Selective Insurance Group Inc              | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |     29100 | NS      | $2434797.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Simmons First National Corp               | Simmons First National Corp                | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |    168300 | NS      | $3172455.00   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| UniFirst Corp/MA                          | UniFirst Corp/MA                           | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |      9100 | NS      | $1755390.00   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Utah Medical Products Inc                 | Utah Medical Products Inc                  | CUSIP: 917488108<br>LEI: 5493002R27BBGV8DID60 | Long             | EC               | CORP              | US        |     25900 | NS      | $1449364.00   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Visteon Corp                              | Visteon Corp                               | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |     27300 | NS      | $2596230.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Brightstar Lottery PLC                    | Brightstar Lottery PLC                     | CUSIP: N/A<br>LEI: 549300UQ6KHRCZDRGZ76       | Long             | EC               | CORP              | GB        |    200300 | NS      | $3100644.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Burke & Herbert Financial Serv            | Burke & Herbert Financial Services Corp    | CUSIP: 12135Y108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26200 | NS      | $1632522.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Cabot Corp                                | Cabot Corp                                 | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               | CORP              | US        |     10000 | NS      | $662800.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Columbus McKinnon Corp/NY                 | Columbus McKinnon Corp/NY                  | CUSIP: 199333105<br>LEI: 549300W3HQB0HO1F3G69 | Long             | EC               | CORP              | US        |    195300 | NS      | $3368925.00   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Core Laboratories Inc                     | Core Laboratories Inc                      | CUSIP: 21867A105<br>LEI: 984500040P5J07V43135 | Long             | EC               | CORP              | US        |    139300 | NS      | $2232979.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Crane NXT Co                              | Crane NXT Co                               | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |     52600 | NS      | $2475882.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Douglas Elliman Inc                       | Douglas Elliman Inc                        | CUSIP: 25961D105<br>LEI: 549300BXICHPOXA1NO93 | Long             | EC               | CORP              | US        |    706600 | NS      | $1674642.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Empire State Realty Trust Inc             | Empire State Realty Trust Inc              | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |    216700 | NS      | $1412884.00   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Enterprise Financial Services             | Enterprise Financial Services Corp         | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |     41500 | NS      | $2241000.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Firstsun Capital Bancorp                  | Firstsun Capital Bancorp                   | CUSIP: 33767U107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41100 | NS      | $1546798.50   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| G-III Apparel Group Ltd                   | G-III Apparel Group Ltd                    | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |     73390 | NS      | $2125374.40   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Green Brick Partners Inc                  | Green Brick Partners Inc                   | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |     10900 | NS      | $682994.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Halozyme Therapeutics Inc                 | Halozyme Therapeutics Inc                  | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     36100 | NS      | $2429530.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Haverty Furniture Cos Inc                 | Haverty Furniture Cos Inc                  | CUSIP: 419596101<br>LEI: 529900CVFMMIRXZVPD70 | Long             | EC               | CORP              | US        |    122500 | NS      | $2861600.00   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Healthcare Services Group Inc             | Healthcare Services Group Inc              | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |    189600 | NS      | $3625152.00   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Steven Madden Ltd                         | Steven Madden Ltd                          | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     67900 | NS      | $2827356.00   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| ManpowerGroup Inc                         | ManpowerGroup Inc                          | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |     63100 | NS      | $1875963.00   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| MarineMax Inc                             | MarineMax Inc                              | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |     65300 | NS      | $1582219.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Mid Penn Bancorp Inc                      | Mid Penn Bancorp Inc                       | CUSIP: 59540G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28800 | NS      | $893376.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Monarch Casino & Resort Inc               | Monarch Casino & Resort Inc                | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |      8500 | NS      | $813450.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| NMI Holdings Inc                          | NMI Holdings Inc                           | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |     89070 | NS      | $3633165.30   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| National CineMedia Inc                    | National CineMedia Inc                     | CUSIP: 635309206<br>LEI: 5493000MOLIVSOGKEB48 | Long             | EC               | CORP              | US        |    553100 | NS      | $2151559.00   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Northfield Bancorp Inc                    | Northfield Bancorp Inc                     | CUSIP: 66611T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    148907 | NS      | $1702007.01   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| PBF Energy Inc                            | PBF Energy Inc                             | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |    112800 | NS      | $3059136.00   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Par Pacific Holdings Inc                  | Par Pacific Holdings Inc                   | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |    105000 | NS      | $3689700.00   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Peapack-Gladstone Financial Co            | Peapack-Gladstone Financial Corp           | CUSIP: 704699107<br>LEI: 549300G8DN2UK8K0ET30 | Long             | EC               | CORP              | US        |     58500 | NS      | $1629225.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Pebblebrook Hotel Trust                   | Pebblebrook Hotel Trust                    | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |    303100 | NS      | $3431092.00   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Polaris Inc                               | Polaris Inc                                | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |     36300 | NS      | $2295975.00   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| ProFrac Holding Corp                      | ProFrac Holding Corp                       | CUSIP: 74319N100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    426300 | NS      | $1658307.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| QCR Holdings Inc                          | QCR Holdings Inc                           | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |     31600 | NS      | $2632280.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Sierra Bancorp                            | Sierra Bancorp                             | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37800 | NS      | $1235304.00   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| SIGA Technologies Inc                     | SIGA Technologies Inc                      | CUSIP: 826917106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    218800 | NS      | $1336868.00   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Sun Country Airlines Holdings             | Sun Country Airlines Holdings Inc          | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |     71600 | NS      | $1030324.00   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Sylvamo Corp                              | Sylvamo Corp                               | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |     34400 | NS      | $1656360.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Talos Energy Inc                          | Talos Energy Inc                           | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |    360900 | NS      | $3977118.00   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Thermon Group Holdings Inc                | Thermon Group Holdings Inc                 | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |    116173 | NS      | $4316988.68   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Travel + Leisure Co                       | Travel + Leisure Co                        | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     61000 | NS      | $4302330.00   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Gates Industrial Corp PLC                 | Gates Industrial Corp PLC                  | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | US        |     56200 | NS      | $1206614.00   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| ANI Pharmaceuticals Inc                   | ANI Pharmaceuticals Inc                    | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |     20800 | NS      | $1641952.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Astrana Health Inc                        | Astrana Health Inc                         | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |    105600 | NS      | $2619936.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Black Hills Corp                          | Black Hills Corp                           | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     58300 | NS      | $4047186.00   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Axalta Coating Systems Ltd                | Axalta Coating Systems Ltd                 | CUSIP: N/A<br>LEI: 529900AGLPA40GV6H619       | Long             | EC               | CORP              | US        |    115800 | NS      | $3741498.00   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| ABM Industries Inc                        | ABM Industries Inc                         | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |     52900 | NS      | $2237670.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Acadia Healthcare Co Inc                  | Acadia Healthcare Co Inc                   | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |    147700 | NS      | $2095863.00   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Amentum Holdings Inc                      | Amentum Holdings Inc                       | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |     62900 | NS      | $1824100.00   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| American Assets Trust Inc                 | American Assets Trust Inc                  | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    119800 | NS      | $2267814.00   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Amphastar Pharmaceuticals Inc             | Amphastar Pharmaceuticals Inc              | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |    103600 | NS      | $2774408.00   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Apollo Commercial Real Estate             | Apollo Commercial Real Estate Finance Inc  | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               | CORP              | US        |    153500 | NS      | $1485880.00   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Ardent Health Inc                         | Ardent Health Inc                          | CUSIP: 03980N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124000 | NS      | $1094920.00   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Arrow Financial Corp                      | Arrow Financial Corp                       | CUSIP: 042744102<br>LEI: 2549007Z8GI9ZZIQ1817 | Long             | EC               | CORP              | US        |     30200 | NS      | $948280.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Avnet Inc                                 | Avnet Inc                                  | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     59870 | NS      | $2878549.60   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Camden National Corp                      | Camden National Corp                       | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |     43116 | NS      | $1870372.08   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Capital Bancorp Inc                       | Capital Bancorp Inc                        | CUSIP: 139737100<br>LEI: 549300LQKYGWQ7VP0C75 | Long             | EC               | CORP              | US        |     26700 | NS      | $752139.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Cass Information Systems Inc              | Cass Information Systems Inc               | CUSIP: 14808P109<br>LEI: 549300G7XPIPR7SJ2F38 | Long             | EC               | CORP              | US        |     21600 | NS      | $896832.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Central Garden & Pet Co                   | Central Garden & Pet Co                    | CUSIP: 153527106<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |     47800 | NS      | $1536770.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Colony Bankcorp Inc                       | Colony Bankcorp Inc                        | CUSIP: 19623P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44100 | NS      | $785862.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Dave & Buster's Entertainment             | Dave & Buster's Entertainment Inc          | CUSIP: 238337109<br>LEI: 529900WTVU85QZLYHR86 | Long             | EC               | CORP              | US        |     63000 | NS      | $1021230.00   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Douglas Emmett Inc                        | Douglas Emmett Inc                         | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    233700 | NS      | $2568363.00   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Douglas Dynamics Inc                      | Douglas Dynamics Inc                       | CUSIP: 25960R105<br>LEI: 529900CDFLKNQ0QT6580 | Long             | EC               | CORP              | US        |     50800 | NS      | $1658620.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| El Pollo Loco Holdings Inc                | El Pollo Loco Holdings Inc                 | CUSIP: 268603107<br>LEI: 549300EZCBNF4G707K90 | Long             | EC               | CORP              | US        |    153900 | NS      | $1609794.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Heritage Financial Corp/WA                | Heritage Financial Corp/WA                 | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68600 | NS      | $1622390.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Crescent Energy Co                        | Crescent Energy Co                         | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    755660 | NS      | $6339986.39   | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Lear Corp                                 | Lear Corp                                  | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     31600 | NS      | $3621360.00   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Liberty Energy Inc                        | Liberty Energy Inc                         | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169750 | NS      | $3133585.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Lincoln National Corp                     | Lincoln National Corp                      | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |     66600 | NS      | $2965698.00   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Murphy Oil Corp                           | Murphy Oil Corp                            | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |    115000 | NS      | $3593750.00   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| OneWater Marine Inc                       | OneWater Marine Inc                        | CUSIP: 68280L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    106500 | NS      | $1152330.00   | 0.14%             |  |  |  | No            | 1                  | On Loan: —       |
| PVH Corp                                  | PVH Corp                                   | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |     21600 | NS      | $1447632.00   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| United Fire Group Inc                     | United Fire Group Inc                      | CUSIP: 910340108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31300 | NS      | $1137755.00   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| WaFd Inc                                  | WaFd Inc                                   | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     83034 | NS      | $2659579.02   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Essent Group Ltd                          | Essent Group Ltd                           | CUSIP: N/A<br>LEI: 254900QUO860OUT6ZF83       | Long             | EC               | CORP              | BM        |     50970 | NS      | $3313559.70   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| World Kinect Corp                         | World Kinect Corp                          | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |    122524 | NS      | $2870737.32   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Accel Entertainment Inc                   | Accel Entertainment Inc                    | CUSIP: 00436Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    232100 | NS      | $2648261.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Adeia Inc                                 | Adeia Inc                                  | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    211700 | NS      | $3651825.00   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Brandywine Realty Trust                   | Brandywine Realty Trust                    | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |    428600 | NS      | $1251512.00   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Capitol Federal Financial Inc             | Capitol Federal Financial Inc              | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    524700 | NS      | $3573207.00   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Univest Financial Corp                    | Univest Financial Corp                     | CUSIP: 915271100<br>LEI: 4WII2HCR8UEWNU03U507 | Long             | EC               | CORP              | US        |     77470 | NS      | $2536367.80   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Voya Financial Inc                        | Voya Financial Inc                         | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |     31500 | NS      | $2346435.00   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| YETI Holdings Inc                         | YETI Holdings Inc                          | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     47300 | NS      | $2089241.00   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Weatherford International PLC             | Weatherford International PLC              | CUSIP: N/A<br>LEI: 529900LPBDSCQDJKHQ39       | Long             | EC               | CORP              | US        |     28700 | NS      | $2246062.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| BankUnited Inc                            | BankUnited Inc                             | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |     85880 | NS      | $3827671.60   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| MSC Industrial Direct Co Inc              | MSC Industrial Direct Co Inc               | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     37500 | NS      | $3153750.00   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Northern Oil & Gas Inc                    | Northern Oil & Gas Inc                     | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |    147200 | NS      | $3160384.00   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| American Vanguard Corp                    | American Vanguard Corp                     | CUSIP: 030371108<br>LEI: 529900GWI78WZA5M9783 | Long             | EC               | CORP              | US        |    147300 | NS      | $562686.00    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Arrow Electronics Inc                     | Arrow Electronics Inc                      | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |     19200 | NS      | $2115456.00   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Atkore Inc                                | Atkore Inc                                 | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |     42000 | NS      | $2656500.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Beacon Financial Corp                     | Beacon Financial Corp                      | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |    128317 | NS      | $3383719.29   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| CNB Financial Corp/PA                     | CNB Financial Corp/PA                      | CUSIP: 126128107<br>LEI: 254900RUYUOKD91VNX69 | Long             | EC               | CORP              | US        |     31600 | NS      | $826972.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Carter's Inc                              | Carter's Inc                               | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |     62500 | NS      | $2026875.00   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Columbia Sportswear Co                    | Columbia Sportswear Co                     | CUSIP: 198516106<br>LEI: 549300OTMCIEUXAH5Z60 | Long             | EC               | CORP              | US        |     29500 | NS      | $1625155.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Concentra Group Holdings Paren            | Concentra Group Holdings Parent Inc        | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    118131 | NS      | $2324818.08   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Denny's Corp                              | Denny's Corp                               | CUSIP: 24869P104<br>LEI: 54930037V56XOULXM917 | Long             | EC               | CORP              | US        |    344900 | NS      | $2145278.00   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Dime Community Bancshares Inc             | Dime Community Bancshares Inc              | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107600 | NS      | $3237684.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Diodes Inc                                | Diodes Inc                                 | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |     37249 | NS      | $1837865.66   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Eagle Bancorp Inc                         | Eagle Bancorp Inc                          | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Long             | EC               | CORP              | US        |    156330 | NS      | $3348588.60   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Hilltop Holdings Inc                      | Hilltop Holdings Inc                       | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |    106900 | NS      | $3628186.00   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Ingevity Corp                             | Ingevity Corp                              | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |     29000 | NS      | $1716220.00   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Kimball Electronics Inc                   | Kimball Electronics Inc                    | CUSIP: 49428J109<br>LEI: 549300COBYN2GZCBIU87 | Long             | EC               | CORP              | US        |     77720 | NS      | $2162170.40   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Nextpower Inc                             | Nextpower Inc                              | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11400 | NS      | $993054.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| OceanFirst Financial Corp                 | OceanFirst Financial Corp                  | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    183910 | NS      | $3301184.50   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Oil States International Inc              | Oil States International Inc               | CUSIP: 678026105<br>LEI: 5493004TF4KQJGMYL777 | Long             | EC               | CORP              | US        |    459900 | NS      | $3113523.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| ONE Gas Inc                               | ONE Gas Inc                                | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |     20900 | NS      | $1614525.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Otter Tail Corp                           | Otter Tail Corp                            | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22850 | NS      | $1846508.50   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Oxford Industries Inc                     | Oxford Industries Inc                      | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |     63800 | NS      | $2181960.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| REV Group Inc                             | REV Group Inc                              | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |     15680 | NS      | $953500.80    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Radian Group Inc                          | Radian Group Inc                           | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |     91500 | NS      | $3293085.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| ScanSource Inc                            | ScanSource Inc                             | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |     53700 | NS      | $2097522.00   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| United Parks & Resorts Inc                | United Parks & Resorts Inc                 | CUSIP: 81282V100<br>LEI: 529900G0H4NV3IIK3269 | Long             | EC               | CORP              | US        |     61700 | NS      | $2239710.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Shore Bancshares Inc                      | Shore Bancshares Inc                       | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92012 | NS      | $1626772.16   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Tennant Co                                | Tennant Co                                 | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |     30000 | NS      | $2211000.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Tompkins Financial Corp                   | Tompkins Financial Corp                    | CUSIP: 890110109<br>LEI: 254900QDQ6V0QJ0Z2348 | Long             | EC               | CORP              | US        |     28420 | NS      | $2061018.40   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Constellium SE                            | Constellium SE                             | CUSIP: N/A<br>LEI: 724500KRJEMC79KAAU28       | Long             | EC               | CORP              | FR        |    123500 | NS      | $2327975.00   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Noble Corp PLC                            | Noble Corp PLC                             | CUSIP: N/A<br>LEI: 549300I3HBUNXO0OG954       | Long             | EC               | CORP              | US        |     53300 | NS      | $1505192.00   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Mechanics Bancorp                         | Mechanics Bancorp                          | CUSIP: 43785V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52600 | NS      | $769538.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Kemper Corp                               | Kemper Corp                                | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     68900 | NS      | $2793206.00   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Kosmos Energy Ltd                         | Kosmos Energy Ltd                          | CUSIP: 500688106<br>LEI: 213800YDFJ3OT9B5P157 | Long             | EC               | CORP              | US        |   2076113 | NS      | $1883864.94   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Marriott Vacations Worldwide C            | Marriott Vacations Worldwide Corp          | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |     48200 | NS      | $2780658.00   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Methode Electronics Inc                   | Methode Electronics Inc                    | CUSIP: 591520200<br>LEI: 529900VM413LGLUS3F07 | Long             | EC               | CORP              | US        |    378300 | NS      | $2511912.00   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Midland States Bancorp Inc                | Midland States Bancorp Inc                 | CUSIP: 597742105<br>LEI: 5493006RHXW9TTBWYC94 | Long             | EC               | CORP              | US        |     98400 | NS      | $2083128.00   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| NextDecade Corp                           | NextDecade Corp                            | CUSIP: 65342K105<br>LEI: 549300XB4GCLNGHFTT48 | Long             | EC               | CORP              | US        |    517350 | NS      | $2726434.50   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Reynolds Consumer Products Inc            | Reynolds Consumer Products Inc             | CUSIP: 76171L106<br>LEI: 894500ZQLNYY77S80A06 | Long             | EC               | CORP              | US        |    141000 | NS      | $3231720.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| SM Energy Co                              | SM Energy Co                               | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    144600 | NS      | $2704020.00   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Sanmina Corp                              | Sanmina Corp                               | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     13605 | NS      | $2041702.35   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| AZZ Inc                                   | AZZ Inc                                    | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |      5800 | NS      | $621644.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Atmus Filtration Technologies             | Atmus Filtration Technologies Inc          | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80790 | NS      | $4193808.90   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Aviat Networks Inc                        | Aviat Networks Inc                         | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |     72800 | NS      | $1556464.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Banc of California Inc                    | Banc of California Inc                     | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    218918 | NS      | $4222928.22   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of Marin Bancorp                     | Bank of Marin Bancorp                      | CUSIP: 063425102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     69000 | NS      | $1794690.00   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Baytex Energy Corp                        | Baytex Energy Corp                         | CUSIP: 07317Q105<br>LEI: 549300R5LTV2H7I1I079 | Long             | EC               | CORP              | CA        |   1398642 | NS      | $4517613.66   | 0.55%             |  |  |  | No            | 1                  | On Loan: —       |
| Brunswick Corp/DE                         | Brunswick Corp/DE                          | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |     50800 | NS      | $3771392.00   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| California Resources Corp                 | California Resources Corp                  | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |     35690 | NS      | $1595699.90   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Carter Bankshares Inc                     | Carter Bankshares Inc                      | CUSIP: 146103106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53100 | NS      | $1043946.00   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Cathay General Bancorp                    | Cathay General Bancorp                     | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |     48232 | NS      | $2333946.48   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Columbia Banking System Inc               | Columbia Banking System Inc                | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |    122334 | NS      | $3419235.30   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Delek US Holdings Inc                     | Delek US Holdings Inc                      | CUSIP: 24665A103<br>LEI: 5493003O53JMENV1N385 | Long             | EC               | CORP              | US        |    103800 | NS      | $3078708.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Diamond Hill Investment Group             | Diamond Hill Investment Group Inc          | CUSIP: 25264R207<br>LEI: 549300AQ6779A0B7VZ57 | Long             | EC               | CORP              | US        |     16500 | NS      | $2796750.00   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| DiamondRock Hospitality Co                | DiamondRock Hospitality Co                 | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |    194000 | NS      | $1738240.00   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Emerald Holding Inc                       | Emerald Holding Inc                        | CUSIP: 29103W104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    153370 | NS      | $685563.90    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Employers Holdings Inc                    | Employers Holdings Inc                     | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37705 | NS      | $1627724.85   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Ennis Inc                                 | Ennis Inc                                  | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41500 | NS      | $747415.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Envista Holdings Corp                     | Envista Holdings Corp                      | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |     78600 | NS      | $1706406.00   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| First Foundation Inc                      | First Foundation Inc                       | CUSIP: 32026V104<br>LEI: 254900TQZQ6LBCK77E82 | Long             | EC               | CORP              | US        |    435397 | NS      | $2682045.52   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Flowserve Corp                            | Flowserve Corp                             | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     63300 | NS      | $4391754.00   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Global Medical REIT Inc                   | Global Medical REIT Inc                    | CUSIP: 37954A303<br>LEI: 549300HFRIPQDYU3GU60 | Long             | EC               | CORP              | US        |     74400 | NS      | $2510256.00   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Goodyear Tire & Rubber Co/The             | Goodyear Tire & Rubber Co/The              | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |    238200 | NS      | $2086632.00   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Greenbrier Cos Inc/The                    | Greenbrier Cos Inc/The                     | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |     52289 | NS      | $2443987.86   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Hanmi Financial Corp                      | Hanmi Financial Corp                       | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |     99600 | NS      | $2692188.00   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Hanover Insurance Group Inc/Th            | Hanover Insurance Group Inc/The            | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     13600 | NS      | $2485672.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Helix Energy Solutions Group I            | Helix Energy Solutions Group Inc           | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |    263700 | NS      | $1653399.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Hingham Institution For Saving            | Hingham Institution For Savings The        | CUSIP: 433323102<br>LEI: 2549009GDCGUR2T6KU55 | Long             | EC               | CORP              | US        |      9000 | NS      | $2555640.00   | 0.31%             |  |  |  | No            | 1                  | On Loan: —       |
| Hope Bancorp Inc                          | Hope Bancorp Inc                           | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |    303333 | NS      | $3324529.68   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Huntington Bancshares Inc/OH              | Huntington Bancshares Inc/OH               | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    192270 | NS      | $3335884.50   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Huntsman Corp                             | Huntsman Corp                              | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |    285800 | NS      | $2858000.00   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Ingram Micro Holding Corp                 | Ingram Micro Holding Corp                  | CUSIP: 457152106<br>LEI: 9845008639BC538AB065 | Long             | EC               | CORP              | US        |     75300 | NS      | $1606902.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: —       |
| Innospec Inc                              | Innospec Inc                               | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |     32000 | NS      | $2449280.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Kearny Financial Corp/MD                  | Kearny Financial Corp/MD                   | CUSIP: 48716P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    254000 | NS      | $1882140.00   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| TriCo Bancshares                          | TriCo Bancshares                           | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71800 | NS      | $3401166.00   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Virtus Investment Partners Inc            | Virtus Investment Partners Inc             | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |     16500 | NS      | $2691975.00   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Vishay Intertechnology Inc                | Vishay Intertechnology Inc                 | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |    163226 | NS      | $2365144.74   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Workiva Inc                               | Workiva Inc                                | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |     40900 | NS      | $3527625.00   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Assured Guaranty Ltd                      | Assured Guaranty Ltd                       | CUSIP: N/A<br>LEI: 549300BBOQUJEPH87M14       | Long             | EC               | CORP              | BM        |     20530 | NS      | $1845031.10   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| ASGN Inc                                  | ASGN Inc                                   | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |     68300 | NS      | $3290011.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Avista Corp                               | Avista Corp                                | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |     86361 | NS      | $3328352.94   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank7 Corp                                | Bank7 Corp                                 | CUSIP: 06652N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17500 | NS      | $717150.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| BayCom Corp                               | BayCom Corp                                | CUSIP: 07272M107<br>LEI: 549300UOLS54Q5ONIG33 | Long             | EC               | CORP              | US        |     36300 | NS      | $1067220.00   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Boyd Gaming Corp                          | Boyd Gaming Corp                           | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     18800 | NS      | $1602512.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Brink's Co/The                            | Brink's Co/The                             | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |     28800 | NS      | $3361824.00   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Financial Institutions Inc                | Financial Institutions Inc                 | CUSIP: 317585404<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90761 | NS      | $2829020.37   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| L B Foster Co                             | L B Foster Co                              | CUSIP: 350060109<br>LEI: 549300AUUJGJ2T2L2179 | Long             | EC               | CORP              | US        |     43500 | NS      | $1172325.00   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Innovex International Inc                 | Innovex International Inc                  | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |    141300 | NS      | $3090231.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Rush Enterprises Inc                      | Rush Enterprises Inc                       | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     61849 | NS      | $3336135.06   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Select Water Solutions Inc                | Select Water Solutions Inc                 | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |    138900 | NS      | $1461228.00   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Southern Missouri Bancorp Inc             | Southern Missouri Bancorp Inc              | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13300 | NS      | $786296.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| TrustCo Bank Corp NY                      | TrustCo Bank Corp NY                       | CUSIP: 898349204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74192 | NS      | $3066355.36   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Janus Henderson Group PLC                 | Janus Henderson Group PLC                  | CUSIP: N/A<br>LEI: 2138009WPYMWJN3RVF44       | Long             | EC               | CORP              | GB        |     38000 | NS      | $1807660.00   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Harley-Davidson Inc                       | Harley-Davidson Inc                        | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |    116900 | NS      | $2395281.00   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Winnebago Industries Inc                  | Winnebago Industries Inc                   | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |     74700 | NS      | $3026844.00   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Civista Bancshares Inc                    | Civista Bancshares Inc                     | CUSIP: 178867107<br>LEI: 5493001LX61Z2UVYSC48 | Long             | EC               | CORP              | US        |     39000 | NS      | $866580.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| FNB Corp/PA                               | FNB Corp/PA                                | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |     49000 | NS      | $837900.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| First Western Financial Inc               | First Western Financial Inc                | CUSIP: 33751L105<br>LEI: 549300PPOGX4C7S66B47 | Long             | EC               | CORP              | US        |     30900 | NS      | $828429.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Group 1 Automotive Inc                    | Group 1 Automotive Inc                     | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      5288 | NS      | $2079770.40   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Hilton Grand Vacations Inc                | Hilton Grand Vacations Inc                 | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |     73000 | NS      | $3266750.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Invesco Ltd                               | Invesco Ltd                                | CUSIP: N/A<br>LEI: ECPGFXU8A2SHKVVGJI15       | Long             | EC               | CORP              | US        |     91000 | NS      | $2390570.00   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Jazz Pharmaceuticals PLC                  | Jazz Pharmaceuticals PLC                   | CUSIP: N/A<br>LEI: 635400GAUMJCLEZRRV50       | Long             | EC               | CORP              | IE        |     23500 | NS      | $3995000.00   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Expro Group Holdings NV                   | Expro Group Holdings NV                    | CUSIP: N/A<br>LEI: 724500LJYA8QIT73H017       | Long             | EC               | CORP              | US        |    273903 | NS      | $3656605.05   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| CNO Financial Group Inc                   | CNO Financial Group Inc                    | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     81186 | NS      | $3447969.42   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Cactus Inc                                | Cactus Inc                                 | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |     45300 | NS      | $2069304.00   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Enact Holdings Inc                        | Enact Holdings Inc                         | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |     95100 | NS      | $3769764.00   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Energizer Holdings Inc                    | Energizer Holdings Inc                     | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |     66600 | NS      | $1324674.00   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| First Hawaiian Inc                        | First Hawaiian Inc                         | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |    128540 | NS      | $3252062.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| First Interstate BancSystem In            | First Interstate BancSystem Inc            | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |     84400 | NS      | $2920240.00   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| First Merchants Corp                      | First Merchants Corp                       | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |     86402 | NS      | $3238346.96   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Fluor Corp                                | Fluor Corp                                 | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     63000 | NS      | $2496690.00   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Forrester Research Inc                    | Forrester Research Inc                     | CUSIP: 346563109<br>LEI: 549300UUSFXYLJ80Z897 | Long             | EC               | CORP              | US        |     98000 | NS      | $795760.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| HB Fuller Co                              | HB Fuller Co                               | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |     53400 | NS      | $3175164.00   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Global Industrial Co                      | Global Industrial Co                       | CUSIP: 37892E102<br>LEI: 5493000GO8Z3HEWCGE46 | Long             | EC               | CORP              | US        |     55757 | NS      | $1629219.54   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Granite Point Mortgage Trust I            | Granite Point Mortgage Trust Inc           | CUSIP: 38741L107<br>LEI: 529900VX2HQZ76AYIE02 | Long             | EC               | CORP              | US        |    404300 | NS      | $970320.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Herc Holdings Inc                         | Herc Holdings Inc                          | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |     12600 | NS      | $1869588.00   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Janus International Group Inc             | Janus International Group Inc              | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    338400 | NS      | $2213136.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Korn Ferry                                | Korn Ferry                                 | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     22996 | NS      | $1518195.92   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Marcus & Millichap Inc                    | Marcus & Millichap Inc                     | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |     51400 | NS      | $1402706.00   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Mattel Inc                                | Mattel Inc                                 | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |     89000 | NS      | $1765760.00   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| McGrath RentCorp                          | McGrath RentCorp                           | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |      8900 | NS      | $933877.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| National Presto Industries Inc            | National Presto Industries Inc             | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8014 | NS      | $855574.64    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Schneider National Inc                    | Schneider National Inc                     | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |     70500 | NS      | $1870365.00   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Select Medical Holdings Corp              | Select Medical Holdings Corp               | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    111100 | NS      | $1649835.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Wabash National Corp                      | Wabash National Corp                       | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |    182882 | NS      | $1581929.30   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Washington Trust Bancorp Inc              | Washington Trust Bancorp Inc               | CUSIP: 940610108<br>LEI: J66MZFCNJPP3PERHZW54 | Long             | EC               | CORP              | US        |     93930 | NS      | $2775631.50   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Century Communities Inc                   | Century Communities Inc                    | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     12200 | NS      | $724070.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Claros Mortgage Trust Inc                 | Claros Mortgage Trust Inc                  | CUSIP: 18270D106<br>LEI: 549300Z9LU2CZ3K30C16 | Long             | EC               | CORP              | US        |    430400 | NS      | $1317024.00   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Community Trust Bancorp Inc               | Community Trust Bancorp Inc                | CUSIP: 204149108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27610 | NS      | $1559965.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| ConnectOne Bancorp Inc                    | ConnectOne Bancorp Inc                     | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |    136034 | NS      | $3566811.48   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Academy Sports & Outdoors Inc             | Academy Sports & Outdoors Inc              | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |     15900 | NS      | $794364.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Bread Financial Holdings Inc              | Bread Financial Holdings Inc               | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |     42100 | NS      | $3116663.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Bloomin' Brands Inc                       | Bloomin' Brands Inc                        | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |    227305 | NS      | $1402471.85   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Blue Bird Corp                            | Blue Bird Corp                             | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |     43400 | NS      | $2039800.00   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| BrightSpire Capital Inc                   | BrightSpire Capital Inc                    | CUSIP: 10949T109<br>LEI: 549300BOIFLLMVU37752 | Long             | EC               | CORP              | US        |    300400 | NS      | $1682240.00   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Lantheus Holdings Inc                     | Lantheus Holdings Inc                      | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     56600 | NS      | $3766730.00   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Leggett & Platt Inc                       | Leggett & Platt Inc                        | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |    189300 | NS      | $2082300.00   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Legacy Housing Corp                       | Legacy Housing Corp                        | CUSIP: 52472M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37300 | NS      | $728096.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| NOV Inc                                   | NOV Inc                                    | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    255000 | NS      | $3985650.00   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| National Research Corp                    | National Research Corp                     | CUSIP: 637372202<br>LEI: 549300FQIORB6GZCYT15 | Long             | EC               | CORP              | US        |     84800 | NS      | $1591696.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Heartland Express Inc                     | Heartland Express Inc                      | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |    289000 | NS      | $2609670.00   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Horace Mann Educators Corp                | Horace Mann Educators Corp                 | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |     36414 | NS      | $1681598.52   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Kennametal Inc                            | Kennametal Inc                             | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |     32200 | NS      | $914802.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| M/I Homes Inc                             | M/I Homes Inc                              | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |      5900 | NS      | $754905.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Thor Industries Inc                       | Thor Industries Inc                        | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |     30100 | NS      | $3090367.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Unitil Corp                               | Unitil Corp                                | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33800 | NS      | $1637272.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Valley National Bancorp                   | Valley National Bancorp                    | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |    246700 | NS      | $2881456.00   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| WEX Inc                                   | WEX Inc                                    | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |     21300 | NS      | $3173274.00   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Albany International Corp                 | Albany International Corp                  | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |     25400 | NS      | $1287780.00   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Apogee Enterprises Inc                    | Apogee Enterprises Inc                     | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |     62700 | NS      | $2282907.00   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Bath & Body Works Inc                     | Bath & Body Works Inc                      | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |     62000 | NS      | $1244960.00   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Bridgewater Bancshares Inc                | Bridgewater Bancshares Inc                 | CUSIP: 108621103<br>LEI: 5493001FLSBTVILKXZ71 | Long             | EC               | CORP              | US        |     74590 | NS      | $1307562.70   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| CVR Energy Inc                            | CVR Energy Inc                             | CUSIP: 12662P108<br>LEI: 529900SOYZIXZBTXB558 | Long             | EC               | CORP              | US        |     93200 | NS      | $2371008.00   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Ecovyst Inc                               | Ecovyst Inc                                | CUSIP: 27923Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    382900 | NS      | $3725617.00   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Edgewell Personal Care Co                 | Edgewell Personal Care Co                  | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |     79300 | NS      | $1352065.00   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| ePlus Inc                                 | ePlus Inc                                  | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |     32100 | NS      | $2815170.00   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Excelerate Energy Inc                     | Excelerate Energy Inc                      | CUSIP: 30069T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97300 | NS      | $2729265.00   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| F&G Annuities & Life Inc                  | F&G Annuities & Life Inc                   | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80300 | NS      | $2477255.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Farmers National Banc Corp                | Farmers National Banc Corp                 | CUSIP: 309627107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56371 | NS      | $750861.72    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Federated Hermes Inc                      | Federated Hermes Inc                       | CUSIP: 314211103<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | EC               | CORP              | US        |     61220 | NS      | $3187725.40   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| First Financial Corp                      | First Financial Corp                       | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32763 | NS      | $1979540.46   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| First Internet Bancorp                    | First Internet Bancorp                     | CUSIP: 320557101<br>LEI: 549300T25MP2M92XU194 | Long             | EC               | CORP              | US        |     34289 | NS      | $715611.43    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| First Mid Bancshares Inc                  | First Mid Bancshares Inc                   | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43800 | NS      | $1708200.00   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Flushing Financial Corp                   | Flushing Financial Corp                    | CUSIP: 343873105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    120718 | NS      | $1831292.06   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Covey Co                         | Franklin Covey Co                          | CUSIP: 353469109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48100 | NS      | $807118.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Hillenbrand Inc                           | Hillenbrand Inc                            | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |    102120 | NS      | $3239246.40   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Home Bancorp Inc                          | Home Bancorp Inc                           | CUSIP: 43689E107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30900 | NS      | $1786020.00   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Horizon Bancorp Inc/IN                    | Horizon Bancorp Inc/IN                     | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               | CORP              | US        |    156700 | NS      | $2657632.00   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| International Money Express In            | International Money Express Inc            | CUSIP: 46005L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    109000 | NS      | $1674240.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| KB Home                                   | KB Home                                    | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     12930 | NS      | $729381.30    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Flagstar Bank NA                          | Flagstar Bank NA                           | CUSIP: 649445400<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | EC               | CORP              | US        |    294600 | NS      | $3709014.00   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Origin Bancorp Inc                        | Origin Bancorp Inc                         | CUSIP: 68621T102<br>LEI: 54930055DO2Z4KO3NB45 | Long             | EC               | CORP              | US        |     70900 | NS      | $2666549.00   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| PetMed Express Inc                        | PetMed Express Inc                         | CUSIP: 716382106<br>LEI: 529900PGHW5ASJ1AZL48 | Long             | EC               | CORP              | US        |    231300 | NS      | $740160.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Photronics Inc                            | Photronics Inc                             | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |    148200 | NS      | $4742400.00   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| RMR Group Inc/The                         | RMR Group Inc/The                          | CUSIP: 74967R106<br>LEI: 549300JP4L34E48UJM16 | Long             | EC               | CORP              | US        |     98400 | NS      | $1466160.00   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Resources Connection Inc                  | Resources Connection Inc                   | CUSIP: 76122Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    197285 | NS      | $994316.40    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| REX American Resources Corp               | REX American Resources Corp                | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110800 | NS      | $3581056.00   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| H2O America                               | H2O America                                | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63200 | NS      | $3096168.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Spire Inc                                 | Spire Inc                                  | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     43973 | NS      | $3636567.10   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Tidewater Inc                             | Tidewater Inc                              | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |     15800 | NS      | $798058.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| UFP Industries Inc                        | UFP Industries Inc                         | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     26200 | NS      | $2385510.00   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| VAALCO Energy Inc                         | VAALCO Energy Inc                          | CUSIP: 91851C201<br>LEI: 549300CFHFVIWB8M6T24 | Long             | EC               | CORP              | US        |    864400 | NS      | $3146416.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Vontier Corp                              | Vontier Corp                               | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |     60300 | NS      | $2241954.00   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Cushman & Wakefield Ltd                   | Cushman & Wakefield Ltd                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    193800 | NS      | $3137622.00   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Sensata Technologies Holding P            | Sensata Technologies Holding PLC           | CUSIP: N/A<br>LEI: 529900MS7KFYCY9MS037       | Long             | EC               | CORP              | US        |    103800 | NS      | $3455502.00   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Signet Jewelers Ltd                       | Signet Jewelers Ltd                        | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | US        |     18600 | NS      | $1541568.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| White Mountains Insurance Grou            | White Mountains Insurance Group Ltd        | CUSIP: N/A<br>LEI: 549300N3FL068JERBG02       | Long             | EC               | CORP              | US        |      1800 | NS      | $3740454.00   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| International Seaways Inc                 | International Seaways Inc                  | CUSIP: N/A<br>LEI: 549300YUFDGFRNGBWF46       | Long             | EC               | CORP              | US        |     18900 | NS      | $917595.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   4749250 | NS      | $4749250.00   | 0.58%             |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2026-06-06

**Name of Applicant:** HOTCHKIS & WILEY FUNDS/DE/

**Signature:** /s/ James Menvielle

**Name of Signer:** James Menvielle

**Title:** Treasurer / Principal Financial Officer