# EDGAR Filing Document

**Accession Number:** 0001529389
**File Stem:** 0001172661-25-003117
**Filing Date:** 2025-8
**Character Count:** 50016
**Document Hash:** fe174cd15780a9b466b228d9a21377ba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-003117.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0001172661-25-003117

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250813

**DATE AS OF CHANGE**: 20250813

**EFFECTIVENESS DATE**: 20250813

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cambria Investment Management, L.P.
- **CENTRAL INDEX KEY:** 0001529389

**ORGANIZATION NAME:**
- **EIN:** 205074578
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17008
- **FILM NUMBER:** 251209653

**BUSINESS ADDRESS:**
- **STREET 1:** 3300 HIGHLAND AVE
- **CITY:** MANHATTAN BEACH
- **STATE:** CA
- **ZIP:** 90266
- **BUSINESS PHONE:** 310-606-5555

**MAIL ADDRESS:**
- **STREET 1:** 3300 HIGHLAND AVE
- **CITY:** MANHATTAN BEACH
- **STATE:** CA
- **ZIP:** 90266

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Cambria Investment Management, Inc.
- **DATE OF NAME CHANGE:** 20110907

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Cambria Investment Management L.P.<br>**Address:** 3300 HIGHLAND AVE<br>Manhattan Beach, CA 90266

**Form 13F File Number:** 028-17008

**CRD Number (if applicable):** 000141600

**SEC File Number (if applicable):** 801-71786

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

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

**Name:** Jonathan Keetz<br>**Title:** Chief Operating Officer<br>**Phone:** 310-683-5500

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

/s/ Jonathan Keetz  Manhattan Beach, CA  08-13-2025<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 2

**Form 13F Information Table Entry Total:** 472

**Form 13F Information Table Value Total:** $1484160819

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

|   No. | Name                | Form 13F File Number   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | Empowered Funds LLC | 028-17729              |  |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 8549165 | 190787 | SH |  | OTR | 1 | 0 | 0 | 190787 |
| ACADIA RLTY TR | COM SH BEN INT | 004239109 |  | 496246 | 26723 | SH |  | OTR | 1 | 0 | 0 | 26723 |
| ACCO BRANDS CORP | COM | 00081T108 |  | 129610 | 36204 | SH |  | OTR | 1 | 0 | 0 | 36204 |
| ACI WORLDWIDE INC | COM | 004498101 |  | 248878 | 5421 | SH |  | OTR | 2 | 0 | 0 | 5421 |
| ADOBE INC | COM | 00724F101 |  | 272364 | 704 | SH |  | OTR | 2 | 0 | 0 | 704 |
| ADT INC DEL | COM | 00090Q103 |  | 9507101 | 1122444 | SH |  | OTR | 1 | 0 | 0 | 1122444 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 24962017 | 196196 | SH |  | OTR | 1 | 0 | 0 | 196196 |
| ADVANCED FLOWER CAP INC | COM | 00109K105 |  | 209198 | 46696 | SH |  | OTR | 1 | 0 | 0 | 46696 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 829547 | 5846 | SH |  | OTR | 2 | 0 | 0 | 5846 |
| AECOM | COM | 00766T100 |  | 2312614 | 20491 | SH |  | OTR | 2 | 0 | 0 | 20491 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 282555 | 2415 | SH |  | OTR | 2 | 0 | 0 | 2415 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 |  | 11261541 | 57232 | SH |  | OTR | 1 | 0 | 0 | 57232 |
| AFLAC INC | COM | 001055102 |  | 12601732 | 119493 | SH |  | OTR | 1 | 0 | 0 | 119493 |
| AFLAC INC | COM | 001055102 |  | 235598 | 2234 | SH |  | OTR | 2 | 0 | 0 | 2234 |
| AGREE RLTY CORP | COM | 008492100 |  | 508790 | 6964 | SH |  | OTR | 1 | 0 | 0 | 6964 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 408952 | 8265 | SH |  | OTR | 1 | 0 | 0 | 8265 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 978605 | 5553 | SH |  | OTR | 2 | 0 | 0 | 5553 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1464354 | 8255 | SH |  | OTR | 2 | 0 | 0 | 8255 |
| ALPINE INCOME PPTY TR INC | COM | 02083X103 |  | 487254 | 33124 | SH |  | OTR | 1 | 0 | 0 | 33124 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 584189 | 9964 | SH |  | OTR | 1 | 0 | 0 | 9964 |
| AMAZON COM INC | COM | 023135106 |  | 2555016 | 11646 | SH |  | OTR | 2 | 0 | 0 | 11646 |
| AMERICAN ASSETS TR INC | COM | 024013104 |  | 510794 | 25863 | SH |  | OTR | 1 | 0 | 0 | 25863 |
| AMERICAN EAGLE OUTFITTERS IN | COM | 02553E106 |  | 99173 | 10309 | SH |  | OTR | 1 | 0 | 0 | 10309 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 1637748 | 15784 | SH |  | OTR | 2 | 0 | 0 | 15784 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 9744422 | 77208 | SH |  | OTR | 1 | 0 | 0 | 77208 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 511184 | 14172 | SH |  | OTR | 1 | 0 | 0 | 14172 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 12181854 | 22824 | SH |  | OTR | 1 | 0 | 0 | 22824 |
| AMETEK INC | COM | 031100100 |  | 266373 | 1472 | SH |  | OTR | 2 | 0 | 0 | 1472 |
| ANALOG DEVICES INC | COM | 032654105 |  | 423914 | 1781 | SH |  | OTR | 2 | 0 | 0 | 1781 |
| APPLE INC | COM | 037833100 |  | 2997944 | 14612 | SH |  | OTR | 2 | 0 | 0 | 14612 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 257787 | 1109 | SH |  | OTR | 2 | 0 | 0 | 1109 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 476459 | 1361 | SH |  | OTR | 2 | 0 | 0 | 1361 |
| ARGAN INC | COM | 04010E109 |  | 778515 | 3531 | SH |  | OTR | 1 | 0 | 0 | 3531 |
| ASBURY AUTOMOTIVE GROUP INC | COM | 043436104 |  | 238301 | 999 | SH |  | OTR | 2 | 0 | 0 | 999 |
| ASSURANT INC | COM | 04621X108 |  | 420654 | 2130 | SH |  | OTR | 1 | 0 | 0 | 2130 |
| ASSURED GUARANTY LTD | COM | G0585R106 |  | 10645536 | 122222 | SH |  | OTR | 1 | 0 | 0 | 122222 |
| AT INC | COM | 00206R102 |  | 607219 | 20982 | SH |  | OTR | 1 | 0 | 0 | 20982 |
| ATKORE INC | COM | 047649108 |  | 7087876 | 100466 | SH |  | OTR | 1 | 0 | 0 | 100466 |
| AUTONATION INC | COM | 05329W102 |  | 299366 | 1507 | SH |  | OTR | 2 | 0 | 0 | 1507 |
| AUTONATION INC | COM | 05329W102 |  | 13255319 | 66727 | SH |  | OTR | 1 | 0 | 0 | 66727 |
| AUTOZONE INC | COM | 053332102 |  | 2951223 | 795 | SH |  | OTR | 2 | 0 | 0 | 795 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 509361 | 2503 | SH |  | OTR | 1 | 0 | 0 | 2503 |
| AVNET INC | COM | 053807103 |  | 10167209 | 191545 | SH |  | OTR | 1 | 0 | 0 | 191545 |
| BARINGS BDC INC | COM | 06759L103 |  | 120246 | 13156 | SH |  | OTR | 1 | 0 | 0 | 13156 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 959396 | 1975 | SH |  | OTR | 2 | 0 | 0 | 1975 |
| BERRY CORP | COM | 08579X101 |  | 123138 | 44454 | SH |  | OTR | 1 | 0 | 0 | 44454 |
| BILL HOLDINGS INC | COM | 090043100 |  | 237175 | 5127 | SH |  | OTR | 2 | 0 | 0 | 5127 |
| BLACKROCK INC | COM | 09290D101 |  | 267559 | 255 | SH |  | OTR | 2 | 0 | 0 | 255 |
| BLOCK H  R INC | COM | 093671105 |  | 10187749 | 185603 | SH |  | OTR | 1 | 0 | 0 | 185603 |
| BOISE CASCADE CO DEL | COM | 09739D100 |  | 6586165 | 75860 | SH |  | OTR | 1 | 0 | 0 | 75860 |
| BORGWARNER INC | COM | 099724106 |  | 10221076 | 305289 | SH |  | OTR | 1 | 0 | 0 | 305289 |
| BOSTON BEER INC | CL A | 100557107 |  | 286597 | 1502 | SH |  | OTR | 1 | 0 | 0 | 1502 |
| BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 |  | 495435 | 115486 | SH |  | OTR | 1 | 0 | 0 | 115486 |
| BREAD FINANCIAL HOLDINGS INC | COM | 018581108 |  | 9921001 | 173687 | SH |  | OTR | 1 | 0 | 0 | 173687 |
| BRIGHTHOUSE FINL INC | COM | 10922N103 |  | 530280 | 9862 | SH |  | OTR | 1 | 0 | 0 | 9862 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 522102 | 20050 | SH |  | OTR | 1 | 0 | 0 | 20050 |
| BROADCOM INC | COM | 11135F101 |  | 4505224 | 16344 | SH |  | OTR | 2 | 0 | 0 | 16344 |
| BROADSTONE NET LEASE INC | COM | 11135E203 |  | 508978 | 31712 | SH |  | OTR | 1 | 0 | 0 | 31712 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 482042 | 8720 | SH |  | OTR | 1 | 0 | 0 | 8720 |
| BRUNSWICK CORP | COM | 117043109 |  | 6692160 | 121147 | SH |  | OTR | 1 | 0 | 0 | 121147 |
| BUILD-A-BEAR WORKSHOP INC | COM | 120076104 |  | 449706 | 8722 | SH |  | OTR | 1 | 0 | 0 | 8722 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 6666033 | 57126 | SH |  | OTR | 1 | 0 | 0 | 57126 |
| BXP INC | COM | 101121101 |  | 490237 | 7266 | SH |  | OTR | 1 | 0 | 0 | 7266 |
| CABOT CORP | COM | 127055101 |  | 8271000 | 110280 | SH |  | OTR | 1 | 0 | 0 | 110280 |
| CAL MAINE FOODS INC | COM NEW | 128030202 |  | 11043986 | 110850 | SH |  | OTR | 1 | 0 | 0 | 110850 |
| CALAMOS ETF TR | S 500 STRUCTU | 12811T795 |  | 562706 | 22685 | SH |  | OTR | 2 | 0 | 0 | 22685 |
| CAMBRIA ETF TR | GBL REAL EST ETF | 132061813 |  | 8581515 | 343757 | SH |  | OTR | 1 | 0 | 0 | 343757 |
| CAMBRIA ETF TR | SHSHLD YIELD ETF | 132061201 |  | 4614074 | 70953 | SH |  | OTR | 1 | 0 | 0 | 70953 |
| CAMBRIA ETF TR | GLOBAL VALUE ETF | 132061409 |  | 17062209 | 626596 | SH |  | OTR | 1 | 0 | 0 | 626596 |
| CAMBRIA ETF TR | VALUE MOMENTUM | 132061888 |  | 11152361 | 369171 | SH |  | OTR | 1 | 0 | 0 | 369171 |
| CAMBRIA ETF TR | CAMBRIA FGN SHR | 132061300 |  | 17434876 | 596268 | SH |  | OTR | 1 | 0 | 0 | 596268 |
| CAMBRIA ETF TR | EMRG SHAREHLDR | 132061706 |  | 19186222 | 531180 | SH |  | OTR | 1 | 0 | 0 | 531180 |
| CAMBRIA ETF TR | TACTICAL YIELD E | 132061789 |  | 7648730 | 302980 | SH |  | OTR | 1 | 0 | 0 | 302980 |
| CAMBRIA ETF TR | MICRO  SMALLCAP | 132061797 |  | 2339566 | 100483 | SH |  | OTR | 1 | 0 | 0 | 100483 |
| CAMBRIA ETF TR | TAIL RISK | 132061862 |  | 7788488 | 649582 | SH |  | OTR | 1 | 0 | 0 | 649582 |
| CAMBRIA ETF TR | LARGECAP SHAREHO | 132061771 |  | 2325591 | 88763 | SH |  | OTR | 1 | 0 | 0 | 88763 |
| CAMBRIA ETF TR | FIXED INCOME TRE | 132061763 |  | 1185756 | 47967 | SH |  | SOLE |  | 0 | 0 | 47967 |
| CAMBRIA ETF TR | LARGECAP SHAREHO | 132061771 |  | 489409 | 18680 | SH |  | SOLE |  | 0 | 0 | 18680 |
| CAMBRIA ETF TR | VALUE MOMENTUM | 132061888 |  | 2231987 | 73882 | SH |  | SOLE |  | 0 | 0 | 73882 |
| CAMBRIA ETF TR | CAMBRIA FGN SHR | 132061300 |  | 858837 | 29372 | SH |  | SOLE |  | 0 | 0 | 29372 |
| CAMBRIA ETF TR | SHSHLD YIELD ETF | 132061201 |  | 709406 | 10909 | SH |  | SOLE |  | 0 | 0 | 10909 |
| CAMBRIA ETF TR | GBL REAL EST ETF | 132061813 |  | 701979 | 28124 | SH |  | SOLE |  | 0 | 0 | 28124 |
| CAMBRIA ETF TR | GLB MOMENT ETF | 132061508 |  | 10950160 | 369189 | SH |  | SOLE |  | 0 | 0 | 369189 |
| CAMBRIA ETF TR | EMRG SHAREHLDR | 132061706 |  | 866830 | 23999 | SH |  | SOLE |  | 0 | 0 | 23999 |
| CAMBRIA ETF TR | TACTICAL YIELD E | 132061789 |  | 682561 | 27032 | SH |  | SOLE |  | 0 | 0 | 27032 |
| CAMBRIA ETF TR | GLOBAL VALUE ETF | 132061409 |  | 2180990 | 80095 | SH |  | SOLE |  | 0 | 0 | 80095 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 496061 | 4402 | SH |  | OTR | 1 | 0 | 0 | 4402 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 3419003 | 108781 | SH |  | OTR | 1 | 0 | 0 | 108781 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 1099331 | 5167 | SH |  | OTR | 1 | 0 | 0 | 5167 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 568459 | 3394 | SH |  | OTR | 1 | 0 | 0 | 3394 |
| CARETRUST REIT INC | COM | 14174T107 |  | 535714 | 17507 | SH |  | OTR | 1 | 0 | 0 | 17507 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 324870 | 11553 | SH |  | OTR | 2 | 0 | 0 | 11553 |
| CARTERS INC | COM | 146229109 |  | 3705418 | 122981 | SH |  | OTR | 1 | 0 | 0 | 122981 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 377124 | 17379 | SH |  | OTR | 1 | 0 | 0 | 17379 |
| CENCORA INC | COM | 03073E105 |  | 265067 | 884 | SH |  | OTR | 2 | 0 | 0 | 884 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 2978761 | 218906 | SH |  | OTR | 1 | 0 | 0 | 218906 |
| CENTENE CORP DEL | COM | 15135B101 |  | 9437935 | 173875 | SH |  | OTR | 1 | 0 | 0 | 173875 |
| CENTERRA GOLD INC | COM | 152006102 |  | 3585450 | 497705 | SH |  | OTR | 1 | 0 | 0 | 497705 |
| CENTURY ALUM CO | COM | 156431108 |  | 430228 | 23875 | SH |  | OTR | 1 | 0 | 0 | 23875 |
| CF INDS HLDGS INC | COM | 125269100 |  | 13347452 | 145081 | SH |  | OTR | 1 | 0 | 0 | 145081 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 272676 | 667 | SH |  | OTR | 2 | 0 | 0 | 667 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 1691456 | 7645 | SH |  | OTR | 2 | 0 | 0 | 7645 |
| CHEVRON CORP NEW | COM | 166764100 |  | 9776297 | 68275 | SH |  | OTR | 1 | 0 | 0 | 68275 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 576246 | 12877 | SH |  | OTR | 1 | 0 | 0 | 12877 |
| CITY OFFICE REIT INC | COM | 178587101 |  | 522722 | 97888 | SH |  | OTR | 1 | 0 | 0 | 97888 |
| CLOVER HEALTH INVESTMENTS CO | COM CL A | 18914F103 |  | 322284 | 115514 | SH |  | OTR | 1 | 0 | 0 | 115514 |
| CNO FINL GROUP INC | COM | 12621E103 |  | 521139 | 13508 | SH |  | OTR | 1 | 0 | 0 | 13508 |
| COLUMBIA SPORTSWEAR CO | COM | 198516106 |  | 7033545 | 115153 | SH |  | OTR | 1 | 0 | 0 | 115153 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 8563780 | 239949 | SH |  | OTR | 1 | 0 | 0 | 239949 |
| COMFORT SYS USA INC | COM | 199908104 |  | 406983 | 759 | SH |  | OTR | 2 | 0 | 0 | 759 |
| COMPOSECURE INC | COM CL A | 20459V105 |  | 446695 | 31703 | SH |  | OTR | 1 | 0 | 0 | 31703 |
| CONDUENT INC | COM | 206787103 |  | 114988 | 43556 | SH |  | OTR | 1 | 0 | 0 | 43556 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 345999 | 1072 | SH |  | OTR | 2 | 0 | 0 | 1072 |
| COPT DEFENSE PROPERTIES | SHS BEN INT | 22002T108 |  | 508051 | 18421 | SH |  | OTR | 1 | 0 | 0 | 18421 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 581029 | 16367 | SH |  | OTR | 1 | 0 | 0 | 16367 |
| CORECIVIC INC | COM | 21871N101 |  | 469081 | 22263 | SH |  | OTR | 1 | 0 | 0 | 22263 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 225706 | 228 | SH |  | OTR | 2 | 0 | 0 | 228 |
| COUSINS PPTYS INC | COM NEW | 222795502 |  | 506306 | 16860 | SH |  | OTR | 1 | 0 | 0 | 16860 |
| CRONOS GROUP INC | COM | 22717L101 |  | 538792 | 282090 | SH |  | OTR | 1 | 0 | 0 | 282090 |
| CSX CORP | COM | 126408103 |  | 2266251 | 69453 | SH |  | OTR | 2 | 0 | 0 | 69453 |
| DANA INC | COM | 235825205 |  | 467046 | 27233 | SH |  | OTR | 1 | 0 | 0 | 27233 |
| DEUTSCHE BANK A G | NAMEN AKT | D18190898 |  | 4433784 | 149542 | SH |  | OTR | 1 | 0 | 0 | 149542 |
| DILLARDS INC | CL A | 254067101 |  | 8816213 | 21100 | SH |  | OTR | 1 | 0 | 0 | 21100 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 315342 | 5844 | SH |  | OTR | 2 | 0 | 0 | 5844 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 957008 | 22635 | SH |  | OTR | 2 | 0 | 0 | 22635 |
| DIMENSIONAL ETF TRUST | US EQUITY MARKET | 25434V401 |  | 1571887 | 23454 | SH |  | OTR | 2 | 0 | 0 | 23454 |
| DISNEY WALT CO | COM | 254687106 |  | 344500 | 2778 | SH |  | OTR | 2 | 0 | 0 | 2778 |
| DNOW INC | COM | 67011P100 |  | 393440 | 26530 | SH |  | OTR | 1 | 0 | 0 | 26530 |
| DOCUSIGN INC | COM | 256163106 |  | 262723 | 3373 | SH |  | OTR | 2 | 0 | 0 | 3373 |
| DOUGLAS EMMETT INC | COM | 25960P109 |  | 517737 | 34424 | SH |  | OTR | 1 | 0 | 0 | 34424 |
| DOW INC | COM | 260557103 |  | 5080559 | 191864 | SH |  | OTR | 1 | 0 | 0 | 191864 |
| DXP ENTERPRISES INC | COM NEW | 233377407 |  | 444035 | 5066 | SH |  | OTR | 1 | 0 | 0 | 5066 |
| EA SERIES TRUST | INTL QUAN MOMNTM | 02072L300 |  | 1221609 | 35972 | SH |  | OTR | 1 | 0 | 0 | 35972 |
| EA SERIES TRUST | ALPHA ARCH 1-3 | 02072L565 |  | 522497 | 4637 | SH |  | OTR | 2 | 0 | 0 | 4637 |
| EA SERIES TRUST | CAMBRIA TAX AWAR | 02072Q804 |  | 293919 | 11333 | SH |  | OTR | 2 | 0 | 0 | 11333 |
| EA SERIES TRUST | US QUAN MOMENTUM | 02072L409 |  | 2361698 | 36345 | SH |  | OTR | 1 | 0 | 0 | 36345 |
| EA SERIES TRUST | ALPHA ARCH 1-3 | 02072L565 |  | 1635438 | 14514 | SH |  | OTR | 1 | 0 | 0 | 14514 |
| EASTGROUP PPTYS INC | COM | 277276101 |  | 505371 | 3024 | SH |  | OTR | 1 | 0 | 0 | 3024 |
| EASTMAN CHEM CO | COM | 277432100 |  | 7944720 | 106412 | SH |  | OTR | 1 | 0 | 0 | 106412 |
| ELI LILLY  CO | COM | 532457108 |  | 313371 | 402 | SH |  | OTR | 2 | 0 | 0 | 402 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 371749 | 695 | SH |  | OTR | 2 | 0 | 0 | 695 |
| ENOVA INTL INC | COM | 29357K103 |  | 488681 | 4382 | SH |  | OTR | 1 | 0 | 0 | 4382 |
| ENTERPRISE FINL SVCS CORP | COM | 293712105 |  | 440910 | 8002 | SH |  | OTR | 1 | 0 | 0 | 8002 |
| EOG RES INC | COM | 26875P101 |  | 9714844 | 81221 | SH |  | OTR | 1 | 0 | 0 | 81221 |
| EPAM SYS INC | COM | 29414B104 |  | 228982 | 1295 | SH |  | OTR | 2 | 0 | 0 | 1295 |
| EPR PPTYS | COM SH BEN INT | 26884U109 |  | 526437 | 9036 | SH |  | OTR | 1 | 0 | 0 | 9036 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 462993 | 8253 | SH |  | OTR | 1 | 0 | 0 | 8253 |
| ESSENTIAL PPTYS RLTY TR INC | COM | 29670E107 |  | 506252 | 15865 | SH |  | OTR | 1 | 0 | 0 | 15865 |
| ETFS GOLD TR | PHYSCL GOLD SHS | 00326A104 |  | 439998 | 13950 | SH |  | SOLE |  | 0 | 0 | 13950 |
| ETHAN ALLEN INTERIORS INC | COM | 297602104 |  | 8538532 | 306590 | SH |  | OTR | 1 | 0 | 0 | 306590 |
| EXELIXIS INC | COM | 30161Q104 |  | 528283 | 11986 | SH |  | OTR | 1 | 0 | 0 | 11986 |
| EXELIXIS INC | COM | 30161Q104 |  | 329813 | 7483 | SH |  | OTR | 2 | 0 | 0 | 7483 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 270057 | 1601 | SH |  | OTR | 2 | 0 | 0 | 1601 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 308847 | 2865 | SH |  | OTR | 2 | 0 | 0 | 2865 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 9183805 | 85193 | SH |  | OTR | 1 | 0 | 0 | 85193 |
| F5 INC | COM | 315616102 |  | 277838 | 944 | SH |  | OTR | 2 | 0 | 0 | 944 |
| FABRINET | SHS | G3323L100 |  | 354795 | 1204 | SH |  | OTR | 2 | 0 | 0 | 1204 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 12094263 | 272885 | SH |  | OTR | 1 | 0 | 0 | 272885 |
| FIRST CTZNS BANCSHARES INC N | CL A | 31946M103 |  | 271949 | 139 | SH |  | OTR | 2 | 0 | 0 | 139 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 478378 | 22565 | SH |  | OTR | 1 | 0 | 0 | 22565 |
| FLEX LTD | ORD | Y2573F102 |  | 354881 | 7109 | SH |  | OTR | 2 | 0 | 0 | 7109 |
| FOUR CORNERS PPTY TR INC | COM | 35086T109 |  | 505881 | 18799 | SH |  | OTR | 1 | 0 | 0 | 18799 |
| FOX CORP | CL A COM | 35137L105 |  | 17402550 | 310538 | SH |  | OTR | 1 | 0 | 0 | 310538 |
| FRANKLIN STR PPTYS CORP | COM | 35471R106 |  | 487703 | 297380 | SH |  | OTR | 1 | 0 | 0 | 297380 |
| FUTUREFUEL CORP | COM | 36116M106 |  | 122953 | 31689 | SH |  | OTR | 1 | 0 | 0 | 31689 |
| G III APPAREL GROUP LTD | COM | 36237H101 |  | 571357 | 25507 | SH |  | OTR | 1 | 0 | 0 | 25507 |
| GARRETT MOTION INC | COM | 366505105 |  | 485015 | 46148 | SH |  | OTR | 1 | 0 | 0 | 46148 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 295106 | 12814 | SH |  | OTR | 2 | 0 | 0 | 12814 |
| GENERAL MTRS CO | COM | 37045V100 |  | 511686 | 10398 | SH |  | OTR | 1 | 0 | 0 | 10398 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 137893 | 17724 | SH |  | OTR | 1 | 0 | 0 | 17724 |
| GLADSTONE COMMERCIAL CORP | COM | 376536108 |  | 506623 | 35354 | SH |  | OTR | 1 | 0 | 0 | 35354 |
| GLOBAL NET LEASE INC | COM NEW | 379378201 |  | 516382 | 68395 | SH |  | OTR | 1 | 0 | 0 | 68395 |
| GLOBE LIFE INC | COM | 37959E102 |  | 277788 | 2235 | SH |  | OTR | 2 | 0 | 0 | 2235 |
| GLOBUS MED INC | CL A | 379577208 |  | 202675 | 3434 | SH |  | OTR | 2 | 0 | 0 | 3434 |
| GOLDEN OCEAN GROUP LTD | SHS NEW | G39637205 |  | 3826619 | 515987 | SH |  | OTR | 1 | 0 | 0 | 515987 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 493302 | 697 | SH |  | OTR | 2 | 0 | 0 | 697 |
| GRAND CANYON ED INC | COM | 38526M106 |  | 294462 | 1558 | SH |  | OTR | 2 | 0 | 0 | 1558 |
| GRANITE REAL ESTATE INVT TR | TR UNIT NEW | 387437205 |  | 498878 | 9820 | SH |  | OTR | 1 | 0 | 0 | 9820 |
| GRANITESHARES GOLD TR | SHS BEN INT | 38748G101 |  | 10035853 | 307471 | SH |  | OTR | 1 | 0 | 0 | 307471 |
| GRAY MEDIA INC | COM | 389375106 |  | 124199 | 27417 | SH |  | OTR | 1 | 0 | 0 | 27417 |
| GREIF INC | CL A | 397624107 |  | 9888164 | 152149 | SH |  | OTR | 1 | 0 | 0 | 152149 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 260716 | 597 | SH |  | OTR | 2 | 0 | 0 | 597 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 469463 | 1075 | SH |  | OTR | 1 | 0 | 0 | 1075 |
| HALLADOR ENERGY COMPANY | COM | 40609P105 |  | 493769 | 31192 | SH |  | OTR | 1 | 0 | 0 | 31192 |
| HARTFORD FDS EXCHANGE TRADED | SCHRDRS TAX BD | 41653L404 |  | 192750 | 10302 | SH |  | OTR | 2 | 0 | 0 | 10302 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 579542 | 4568 | SH |  | OTR | 1 | 0 | 0 | 4568 |
| HAVERTY FURNITURE COS INC | COM | 419596101 |  | 7048060 | 346342 | SH |  | OTR | 1 | 0 | 0 | 346342 |
| HEALTHCARE SVCS GROUP INC | COM | 421906108 |  | 469146 | 31214 | SH |  | OTR | 1 | 0 | 0 | 31214 |
| HIGH TIDE INC | COM NEW | 42981E401 |  | 235601 | 102175 | SH |  | OTR | 1 | 0 | 0 | 102175 |
| HIGHWOODS PPTYS INC | COM | 431284108 |  | 499896 | 16079 | SH |  | OTR | 1 | 0 | 0 | 16079 |
| HUNTSMAN CORP | COM | 447011107 |  | 4289904 | 411699 | SH |  | OTR | 1 | 0 | 0 | 411699 |
| IES HLDGS INC | COM | 44951W106 |  | 714507 | 2412 | SH |  | OTR | 1 | 0 | 0 | 2412 |
| IMPERIAL OIL LTD | COM NEW | 453038408 |  | 4164185 | 52418 | SH |  | OTR | 1 | 0 | 0 | 52418 |
| INGREDION INC | COM | 457187102 |  | 10914353 | 80955 | SH |  | OTR | 1 | 0 | 0 | 80955 |
| INNOVATIVE INDL PPTYS INC | COM | 45781V101 |  | 494826 | 8961 | SH |  | OTR | 1 | 0 | 0 | 8961 |
| INTERDIGITAL INC | COM | 45867G101 |  | 452496 | 2018 | SH |  | OTR | 1 | 0 | 0 | 2018 |
| INTERFACE INC | COM | 458665304 |  | 462072 | 22077 | SH |  | OTR | 1 | 0 | 0 | 22077 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 232876 | 790 | SH |  | OTR | 2 | 0 | 0 | 790 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 7922316 | 323624 | SH |  | OTR | 1 | 0 | 0 | 323624 |
| INVESCO DB MULTI-SECTOR COMM | AGRICULTURE FD | 46140H106 |  | 8078336 | 308923 | SH |  | OTR | 1 | 0 | 0 | 308923 |
| INVESCO DB MULTI-SECTOR COMM | PRECIOUS METAL | 46140H502 |  | 8504721 | 113185 | SH |  | OTR | 1 | 0 | 0 | 113185 |
| INVESCO EXCH TRADED FD TR II | GLOBAL EX US HGH | 46138E669 |  | 1107474 | 55736 | SH |  | OTR | 1 | 0 | 0 | 55736 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 |  | 447841 | 1972 | SH |  | OTR | 2 | 0 | 0 | 1972 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 888527 | 4889 | SH |  | OTR | 2 | 0 | 0 | 4889 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 311253 | 2827 | SH |  | OTR | 2 | 0 | 0 | 2827 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 1874691 | 5341 | SH |  | OTR | 2 | 0 | 0 | 5341 |
| ISHARES TR | GLB INFRASTR ETF | 464288372 |  | 8875146 | 149918 | SH |  | OTR | 1 | 0 | 0 | 149918 |
| ISHARES TR | GLOB UTILITS ETF | 464288711 |  | 8789622 | 119149 | SH |  | OTR | 1 | 0 | 0 | 119149 |
| ISHARES TR | GLB CNSM STP ETF | 464288737 |  | 8299599 | 126944 | SH |  | OTR | 1 | 0 | 0 | 126944 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1045596 | 1684 | SH |  | OTR | 2 | 0 | 0 | 1684 |
| ISHARES TR | GLOBAL FINLS ETF | 464287333 |  | 7911440 | 71390 | SH |  | OTR | 1 | 0 | 0 | 71390 |
| ISHARES TR | GLOB INDSTRL ETF | 464288729 |  | 8747940 | 52896 | SH |  | OTR | 1 | 0 | 0 | 52896 |
| ISHARES TR | GLB CNS DISC ETF | 464288745 |  | 8347799 | 44356 | SH |  | OTR | 1 | 0 | 0 | 44356 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 436010 | 3144 | SH |  | OTR | 2 | 0 | 0 | 3144 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 324359 | 3105 | SH |  | SOLE |  | 0 | 0 | 3105 |
| ISHARES TR | CONV BD ETF | 46435G102 |  | 2714074 | 30173 | SH |  | OTR | 1 | 0 | 0 | 30173 |
| ITT INC | COM | 45073V108 |  | 306132 | 1952 | SH |  | OTR | 2 | 0 | 0 | 1952 |
| J P MORGAN EXCHANGE TRADED F | USD EMRNG MKT | 46641Q746 |  | 5004559 | 129066 | SH |  | OTR | 1 | 0 | 0 | 129066 |
| JABIL INC | COM | 466313103 |  | 381457 | 1749 | SH |  | OTR | 2 | 0 | 0 | 1749 |
| JACKSON FINANCIAL INC | COM CL A | 46817M107 |  | 563905 | 6351 | SH |  | OTR | 1 | 0 | 0 | 6351 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 285641 | 2173 | SH |  | OTR | 2 | 0 | 0 | 2173 |
| JANUS INTERNATIONAL GROUP IN | COMMON STOCK | 47103N106 |  | 126870 | 15586 | SH |  | OTR | 1 | 0 | 0 | 15586 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 234419 | 2209 | SH |  | OTR | 2 | 0 | 0 | 2209 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 349029 | 3289 | SH |  | OTR | 1 | 0 | 0 | 3289 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 6657304 | 121728 | SH |  | OTR | 1 | 0 | 0 | 121728 |
| JONES LANG LASALLE INC | COM | 48020Q107 |  | 266011 | 1040 | SH |  | OTR | 2 | 0 | 0 | 1040 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 3595174 | 12401 | SH |  | OTR | 2 | 0 | 0 | 12401 |
| KB HOME | COM | 48666K109 |  | 8135397 | 153585 | SH |  | OTR | 1 | 0 | 0 | 153585 |
| KILROY RLTY CORP | COM | 49427F108 |  | 493343 | 14379 | SH |  | OTR | 1 | 0 | 0 | 14379 |
| KNIFE RIVER CORP | COMMON STOCK | 498894104 |  | 240348 | 2944 | SH |  | OTR | 2 | 0 | 0 | 2944 |
| KOHLS CORP | COM | 500255104 |  | 3485450 | 411020 | SH |  | OTR | 1 | 0 | 0 | 411020 |
| KRAFT HEINZ CO | COM | 500754106 |  | 7364690 | 285232 | SH |  | OTR | 1 | 0 | 0 | 285232 |
| KRONOS WORLDWIDE INC | COM | 50105F105 |  | 95424 | 15391 | SH |  | OTR | 1 | 0 | 0 | 15391 |
| LA Z BOY INC | COM | 505336107 |  | 417902 | 11243 | SH |  | OTR | 1 | 0 | 0 | 11243 |
| LAUREATE EDUCATION INC | COMMON STOCK | 518613203 |  | 671754 | 28732 | SH |  | OTR | 1 | 0 | 0 | 28732 |
| LENNAR CORP | CL A | 526057104 |  | 7106471 | 64248 | SH |  | OTR | 1 | 0 | 0 | 64248 |
| LIBERTY BROADBAND CORP | COM SER A | 530307107 |  | 337870 | 3454 | SH |  | OTR | 2 | 0 | 0 | 3454 |
| LINCOLN NATL CORP IND | COM | 534187109 |  | 11350426 | 328047 | SH |  | OTR | 1 | 0 | 0 | 328047 |
| LITHIA MTRS INC | COM | 536797103 |  | 268905 | 796 | SH |  | OTR | 2 | 0 | 0 | 796 |
| LITMAN GREGORY FDS TR | IMGP DBI MANAGED | 53700T827 |  | 2441082 | 94873 | SH |  | OTR | 2 | 0 | 0 | 94873 |
| LITMAN GREGORY FDS TR | IMGP DBI MANAGED | 53700T827 |  | 4406597 | 171263 | SH |  | OTR | 1 | 0 | 0 | 171263 |
| LKQ CORP | COM | 501889208 |  | 8665077 | 234128 | SH |  | OTR | 1 | 0 | 0 | 234128 |
| LOEWS CORP | COM | 540424108 |  | 462333 | 5044 | SH |  | OTR | 1 | 0 | 0 | 5044 |
| LOWES COS INC | COM | 548661107 |  | 355214 | 1601 | SH |  | OTR | 2 | 0 | 0 | 1601 |
| LTC PPTYS INC | COM | 502175102 |  | 499076 | 14420 | SH |  | OTR | 1 | 0 | 0 | 14420 |
| LXP INDUSTRIAL TRUST | COM | 529043101 |  | 508213 | 61527 | SH |  | OTR | 1 | 0 | 0 | 61527 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 9273396 | 160273 | SH |  | OTR | 1 | 0 | 0 | 160273 |
| MACYS INC | COM | 55616P104 |  | 134580 | 11542 | SH |  | OTR | 1 | 0 | 0 | 11542 |
| MANPOWERGROUP INC WIS | COM | 56418H100 |  | 9574436 | 236991 | SH |  | OTR | 1 | 0 | 0 | 236991 |
| MAPLEBEAR INC | COM | 565394103 |  | 255877 | 5656 | SH |  | OTR | 2 | 0 | 0 | 5656 |
| MARATHON PETE CORP | COM | 56585A102 |  | 9237875 | 55613 | SH |  | OTR | 1 | 0 | 0 | 55613 |
| MARKEL GROUP INC | COM | 570535104 |  | 299604 | 150 | SH |  | OTR | 2 | 0 | 0 | 150 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 2119076 | 3771 | SH |  | OTR | 2 | 0 | 0 | 3771 |
| MATSON INC | COM | 57686G105 |  | 9527440 | 85563 | SH |  | OTR | 1 | 0 | 0 | 85563 |
| MATTEL INC | COM | 577081102 |  | 317078 | 16079 | SH |  | OTR | 2 | 0 | 0 | 16079 |
| MCDONALDS CORP | COM | 580135101 |  | 332782 | 1139 | SH |  | OTR | 2 | 0 | 0 | 1139 |
| MCKESSON CORP | COM | 58155Q103 |  | 265266 | 362 | SH |  | OTR | 2 | 0 | 0 | 362 |
| MCKESSON CORP | COM | 58155Q103 |  | 460919 | 629 | SH |  | OTR | 1 | 0 | 0 | 629 |
| MDU RES GROUP INC | COM | 552690109 |  | 443805 | 26623 | SH |  | OTR | 1 | 0 | 0 | 26623 |
| MERCURY GENL CORP NEW | COM | 589400100 |  | 536228 | 7963 | SH |  | OTR | 1 | 0 | 0 | 7963 |
| META PLATFORMS INC | CL A | 30303M102 |  | 337307 | 457 | SH |  | OTR | 2 | 0 | 0 | 457 |
| METLIFE INC | COM | 59156R108 |  | 11132782 | 138433 | SH |  | OTR | 1 | 0 | 0 | 138433 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 657748 | 23626 | SH |  | OTR | 1 | 0 | 0 | 23626 |
| MICROSOFT CORP | COM | 594918104 |  | 2099568 | 4221 | SH |  | OTR | 2 | 0 | 0 | 4221 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 510190 | 3447 | SH |  | OTR | 1 | 0 | 0 | 3447 |
| MILLERKNOLL INC | COM | 600544100 |  | 7616582 | 392203 | SH |  | OTR | 1 | 0 | 0 | 392203 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 8967871 | 186481 | SH |  | OTR | 1 | 0 | 0 | 186481 |
| MONGODB INC | CL A | 60937P106 |  | 1459011 | 6948 | SH |  | OTR | 2 | 0 | 0 | 6948 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 222700 | 1581 | SH |  | OTR | 2 | 0 | 0 | 1581 |
| MOSAIC CO NEW | COM | 61945C103 |  | 463807 | 12714 | SH |  | OTR | 1 | 0 | 0 | 12714 |
| MR COOPER GROUP INC | COM | 62482R107 |  | 318414 | 2134 | SH |  | OTR | 2 | 0 | 0 | 2134 |
| MUELLER INDS INC | COM | 624756102 |  | 450754 | 5672 | SH |  | OTR | 1 | 0 | 0 | 5672 |
| MURPHY OIL CORP | COM | 626717102 |  | 6180390 | 274684 | SH |  | OTR | 1 | 0 | 0 | 274684 |
| NATIONAL HEALTH INVS INC | COM | 63633D104 |  | 496800 | 7085 | SH |  | OTR | 1 | 0 | 0 | 7085 |
| NETFLIX INC | COM | 64110L106 |  | 207565 | 155 | SH |  | OTR | 2 | 0 | 0 | 155 |
| NETGEAR INC | COM | 64111Q104 |  | 530818 | 18260 | SH |  | OTR | 1 | 0 | 0 | 18260 |
| NEWMONT CORP | COM | 651639106 |  | 543275 | 9325 | SH |  | OTR | 1 | 0 | 0 | 9325 |
| NEWS CORP NEW | CL A | 65249B109 |  | 280795 | 9448 | SH |  | OTR | 2 | 0 | 0 | 9448 |
| NEWS CORP NEW | CL B | 65249B208 |  | 292424 | 8523 | SH |  | OTR | 2 | 0 | 0 | 8523 |
| NEXTDECADE CORP | COM | 65342K105 |  | 425123 | 47713 | SH |  | OTR | 1 | 0 | 0 | 47713 |
| NEXTRACKER INC | CLASS A COM | 65290E101 |  | 432513 | 7955 | SH |  | OTR | 1 | 0 | 0 | 7955 |
| NNN REIT INC | COM | 637417106 |  | 517858 | 11993 | SH |  | OTR | 1 | 0 | 0 | 11993 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 658355 | 2572 | SH |  | OTR | 2 | 0 | 0 | 2572 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 709282 | 4417 | SH |  | OTR | 1 | 0 | 0 | 4417 |
| NU SKIN ENTERPRISES INC | CL A | 67018T105 |  | 143740 | 17990 | SH |  | OTR | 1 | 0 | 0 | 17990 |
| NUCOR CORP | COM | 670346105 |  | 7415906 | 57248 | SH |  | OTR | 1 | 0 | 0 | 57248 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 6955352 | 44024 | SH |  | OTR | 2 | 0 | 0 | 44024 |
| OKTA INC | CL A | 679295105 |  | 1539438 | 15399 | SH |  | OTR | 2 | 0 | 0 | 15399 |
| OLD REP INTL CORP | COM | 680223104 |  | 449018 | 11681 | SH |  | OTR | 1 | 0 | 0 | 11681 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 5216831 | 259673 | SH |  | OTR | 1 | 0 | 0 | 259673 |
| OLLIES BARGAIN OUTLET HLDGS | COM | 681116109 |  | 369906 | 2807 | SH |  | OTR | 2 | 0 | 0 | 2807 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 505440 | 13791 | SH |  | OTR | 1 | 0 | 0 | 13791 |
| ON HLDG AG | NAMEN AKT A | H5919C104 |  | 1848712 | 35518 | SH |  | OTR | 2 | 0 | 0 | 35518 |
| OPENLANE INC | COM | 48238T109 |  | 518658 | 21213 | SH |  | OTR | 1 | 0 | 0 | 21213 |
| ORACLE CORP | COM | 68389X105 |  | 213602 | 977 | SH |  | OTR | 2 | 0 | 0 | 977 |
| ORION PROPERTIES INC | COM | 68629Y103 |  | 586483 | 275344 | SH |  | OTR | 1 | 0 | 0 | 275344 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 1425635 | 10458 | SH |  | OTR | 2 | 0 | 0 | 10458 |
| PAR PAC HOLDINGS INC | COM NEW | 69888T207 |  | 452390 | 17052 | SH |  | OTR | 1 | 0 | 0 | 17052 |
| PARAMOUNT GROUP INC | COM | 69924R108 |  | 499126 | 81824 | SH |  | OTR | 1 | 0 | 0 | 81824 |
| PATHWARD FINANCIAL INC | COM | 59100U108 |  | 594349 | 7512 | SH |  | OTR | 1 | 0 | 0 | 7512 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 291333 | 1259 | SH |  | OTR | 2 | 0 | 0 | 1259 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 11397269 | 153354 | SH |  | OTR | 1 | 0 | 0 | 153354 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 276916 | 3726 | SH |  | OTR | 2 | 0 | 0 | 3726 |
| PBF ENERGY INC | CL A | 69318G106 |  | 4599219 | 212239 | SH |  | OTR | 1 | 0 | 0 | 212239 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 9711209 | 723637 | SH |  | OTR | 1 | 0 | 0 | 723637 |
| PEDIATRIX MEDICAL GROUP INC | COM | 58502B106 |  | 438622 | 30566 | SH |  | OTR | 1 | 0 | 0 | 30566 |
| PERDOCEO ED CORP | COM | 71363P106 |  | 584857 | 17891 | SH |  | OTR | 1 | 0 | 0 | 17891 |
| PERFORMANCE FOOD GROUP CO | COM | 71377A103 |  | 294774 | 3370 | SH |  | OTR | 2 | 0 | 0 | 3370 |
| PERIMETER SOLUTIONS INC | COMMON STOCK | 71385M107 |  | 678920 | 48773 | SH |  | OTR | 1 | 0 | 0 | 48773 |
| PFIZER INC | COM | 717081103 |  | 8910406 | 367591 | SH |  | OTR | 1 | 0 | 0 | 367591 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 627256 | 3444 | SH |  | OTR | 1 | 0 | 0 | 3444 |
| PHILLIPS 66 | COM | 718546104 |  | 8226212 | 68954 | SH |  | OTR | 1 | 0 | 0 | 68954 |
| PIEDMONT REALTY TRUST INC | COM CL A | 720190206 |  | 488933 | 67069 | SH |  | OTR | 1 | 0 | 0 | 67069 |
| PILGRIMS PRIDE CORP | COM | 72147K108 |  | 395059 | 8783 | SH |  | OTR | 1 | 0 | 0 | 8783 |
| PILGRIMS PRIDE CORP | COM | 72147K108 |  | 230388 | 5122 | SH |  | OTR | 2 | 0 | 0 | 5122 |
| PLAINS GP HLDGS L P | LTD PARTNR INT A | 72651A207 |  | 11088584 | 570694 | SH |  | OTR | 1 | 0 | 0 | 570694 |
| PLANET LABS PBC | COM CL A | 72703X106 |  | 696590 | 114195 | SH |  | OTR | 1 | 0 | 0 | 114195 |
| PLEXUS CORP | COM | 729132100 |  | 457483 | 3381 | SH |  | OTR | 1 | 0 | 0 | 3381 |
| PREMIER INC | CL A | 74051N102 |  | 9871570 | 450140 | SH |  | OTR | 1 | 0 | 0 | 450140 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 537318 | 6894 | SH |  | OTR | 1 | 0 | 0 | 6894 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 9471551 | 119244 | SH |  | OTR | 1 | 0 | 0 | 119244 |
| PROG HOLDINGS INC | COM NPV | 74319R101 |  | 9080919 | 309401 | SH |  | OTR | 1 | 0 | 0 | 309401 |
| PROGRESSIVE CORP | COM | 743315103 |  | 1755672 | 6579 | SH |  | OTR | 2 | 0 | 0 | 6579 |
| PROTAGONIST THERAPEUTICS INC | COM | 74366E102 |  | 483999 | 8757 | SH |  | OTR | 1 | 0 | 0 | 8757 |
| PTC THERAPEUTICS INC | COM | 69366J200 |  | 454798 | 9312 | SH |  | OTR | 1 | 0 | 0 | 9312 |
| PULTE GROUP INC | COM | 745867101 |  | 9542337 | 90483 | SH |  | OTR | 1 | 0 | 0 | 90483 |
| PVH CORPORATION | COM | 693656100 |  | 6998092 | 102013 | SH |  | OTR | 1 | 0 | 0 | 102013 |
| RADIUS RECYCLING INC | CL A | 806882106 |  | 455385 | 15338 | SH |  | OTR | 1 | 0 | 0 | 15338 |
| RAMACO RES INC | COM CL A | 75134P600 |  | 179085 | 13629 | SH |  | OTR | 1 | 0 | 0 | 13629 |
| RANGE RES CORP | COM | 75281A109 |  | 361516 | 8889 | SH |  | OTR | 2 | 0 | 0 | 8889 |
| REGENCY CTRS CORP | COM | 758849103 |  | 518839 | 7284 | SH |  | OTR | 1 | 0 | 0 | 7284 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 1331400 | 2536 | SH |  | OTR | 2 | 0 | 0 | 2536 |
| REINSURANCE GRP OF AMERICA I | COM NEW | 759351604 |  | 444723 | 2242 | SH |  | OTR | 1 | 0 | 0 | 2242 |
| RELIANCE INC | COM | 759509102 |  | 11493762 | 36616 | SH |  | OTR | 1 | 0 | 0 | 36616 |
| REV GROUP INC | COM | 749527107 |  | 15177831 | 318929 | SH |  | OTR | 1 | 0 | 0 | 318929 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 501181 | 14090 | SH |  | OTR | 1 | 0 | 0 | 14090 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 881526 | 9415 | SH |  | OTR | 1 | 0 | 0 | 9415 |
| RUSH STREET INTERACTIVE INC | COM | 782011100 |  | 589101 | 39537 | SH |  | OTR | 1 | 0 | 0 | 39537 |
| RYDER SYS INC | COM | 783549108 |  | 13043406 | 82034 | SH |  | OTR | 1 | 0 | 0 | 82034 |
| RYERSON HLDG CORP | COM | 783754104 |  | 6836525 | 316946 | SH |  | OTR | 1 | 0 | 0 | 316946 |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 |  | 513904 | 27869 | SH |  | OTR | 1 | 0 | 0 | 27869 |
| SALESFORCE INC | COM | 79466L302 |  | 375767 | 1378 | SH |  | OTR | 2 | 0 | 0 | 1378 |
| SANMINA CORPORATION | COM | 801056102 |  | 547065 | 5592 | SH |  | OTR | 1 | 0 | 0 | 5592 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 3804426 | 143150 | SH |  | OTR | 1 | 0 | 0 | 143150 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 275971 | 10414 | SH |  | OTR | 2 | 0 | 0 | 10414 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 771851 | 28930 | SH |  | SOLE |  | 0 | 0 | 28930 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 663969 | 2622 | SH |  | OTR | 2 | 0 | 0 | 2622 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 610733 | 4531 | SH |  | OTR | 2 | 0 | 0 | 4531 |
| SERVE ROBOTICS INC | COM | 81758H106 |  | 680840 | 59514 | SH |  | OTR | 1 | 0 | 0 | 59514 |
| SIGA TECHNOLOGIES INC | COM | 826917106 |  | 136483 | 20933 | SH |  | OTR | 1 | 0 | 0 | 20933 |
| SILA REALTY TRUST INC | COMMON STOCK | 146280508 |  | 497425 | 21015 | SH |  | OTR | 1 | 0 | 0 | 21015 |
| SIMPLIFY EXCHANGE TRADED FUN | MANAGED FUTURES | 82889N699 |  | 2280681 | 85291 | SH |  | OTR | 2 | 0 | 0 | 85291 |
| SITE CTRS CORP | COM | 82981J851 |  | 479159 | 42366 | SH |  | OTR | 1 | 0 | 0 | 42366 |
| SKECHERS U S A INC | CL A | 830566105 |  | 280038 | 4438 | SH |  | OTR | 2 | 0 | 0 | 4438 |
| SKYWARD SPECIALTY INS GROUP | COM | 830940102 |  | 483933 | 8374 | SH |  | OTR | 1 | 0 | 0 | 8374 |
| SKYWEST INC | COM | 830879102 |  | 13011392 | 126361 | SH |  | OTR | 1 | 0 | 0 | 126361 |
| SLM CORP | COM | 78442P106 |  | 14787929 | 450989 | SH |  | OTR | 1 | 0 | 0 | 450989 |
| SNDL INC | COM | 83307B101 |  | 448148 | 370370 | SH |  | OTR | 1 | 0 | 0 | 370370 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1974649 | 3196 | SH |  | OTR | 2 | 0 | 0 | 3196 |
| SPDR SERIES TRUST | BLOOMBERG ENHNCD | 78468R440 |  | 6362807 | 233669 | SH |  | OTR | 1 | 0 | 0 | 233669 |
| SPDR SERIES TRUST | BLOOMBERG ENHNCD | 78468R440 |  | 5039402 | 185068 | SH |  | OTR | 2 | 0 | 0 | 185068 |
| SPDR SERIES TRUST | FTSE INT GVT ETF | 78464A490 |  | 3345019 | 84389 | SH |  | OTR | 1 | 0 | 0 | 84389 |
| SPDR SERIES TRUST | BLOOMBERG ENHNCD | 78468R440 |  | 297971 | 10943 | SH |  | SOLE |  | 0 | 0 | 10943 |
| SPDR SERIES TRUST | BLOOMBERG INTL | 78464A151 |  | 8711539 | 267843 | SH |  | OTR | 1 | 0 | 0 | 267843 |
| SPDR SERIES TRUST | PORTFLI HIGH YLD | 78468R606 |  | 2823363 | 119360 | SH |  | OTR | 1 | 0 | 0 | 119360 |
| SPECTRUM BRANDS HLDGS INC NE | COM | 84790A105 |  | 9491452 | 179084 | SH |  | OTR | 1 | 0 | 0 | 179084 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 9528296 | 74434 | SH |  | OTR | 1 | 0 | 0 | 74434 |
| STELLANTIS N.V | SHS | N82405106 |  | 2404467 | 239890 | SH |  | OTR | 1 | 0 | 0 | 239890 |
| STERLING INFRASTRUCTURE INC | COM | 859241101 |  | 560212 | 2428 | SH |  | OTR | 2 | 0 | 0 | 2428 |
| STRIDE INC | COM | 86333M108 |  | 514989 | 3547 | SH |  | OTR | 1 | 0 | 0 | 3547 |
| SUNCOKE ENERGY INC | COM | 86722A103 |  | 117228 | 13647 | SH |  | OTR | 1 | 0 | 0 | 13647 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 3696844 | 98690 | SH |  | OTR | 1 | 0 | 0 | 98690 |
| SYLVAMO CORP | COMMON STOCK | 871332102 |  | 7069561 | 141109 | SH |  | OTR | 1 | 0 | 0 | 141109 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 15492089 | 232126 | SH |  | OTR | 1 | 0 | 0 | 232126 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 273373 | 1207 | SH |  | OTR | 2 | 0 | 0 | 1207 |
| TANGER INC | COM | 875465106 |  | 516741 | 16898 | SH |  | OTR | 1 | 0 | 0 | 16898 |
| TAYLOR MORRISON HOME CORP | COM | 87724P106 |  | 9318888 | 151724 | SH |  | OTR | 1 | 0 | 0 | 151724 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 13442985 | 99064 | SH |  | OTR | 1 | 0 | 0 | 99064 |
| TECHNIPFMC PLC | COM | G87110105 |  | 306206 | 8891 | SH |  | OTR | 2 | 0 | 0 | 8891 |
| TEGNA INC | COM | 87901J105 |  | 8761558 | 522766 | SH |  | OTR | 1 | 0 | 0 | 522766 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 285357 | 557 | SH |  | OTR | 2 | 0 | 0 | 557 |
| TELEPHONE  DATA SYS INC | COM NEW | 879433829 |  | 417247 | 11727 | SH |  | OTR | 1 | 0 | 0 | 11727 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 364144 | 2069 | SH |  | OTR | 2 | 0 | 0 | 2069 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 13511520 | 76770 | SH |  | OTR | 1 | 0 | 0 | 76770 |
| TERRENO RLTY CORP | COM | 88146M101 |  | 491566 | 8767 | SH |  | OTR | 1 | 0 | 0 | 8767 |
| TESLA INC | COM | 88160R101 |  | 2440582 | 7683 | SH |  | OTR | 2 | 0 | 0 | 7683 |
| TEXTRON INC | COM | 883203101 |  | 8479025 | 105605 | SH |  | OTR | 1 | 0 | 0 | 105605 |
| THE CIGNA GROUP | COM | 125523100 |  | 10098227 | 30547 | SH |  | OTR | 1 | 0 | 0 | 30547 |
| THE ODP CORP | COM | 88337F105 |  | 8000968 | 441311 | SH |  | OTR | 1 | 0 | 0 | 441311 |
| TIDAL TR II | CAMBRIA CHESAPEA | 88636J337 |  | 2218262 | 150800 | SH |  | SOLE |  | 0 | 0 | 150800 |
| TIDAL TR II | CAMBRIA CHESAPEA | 88636J337 |  | 4390752 | 298585 | SH |  | OTR | 1 | 0 | 0 | 298585 |
| TIDAL TRUST I | RPAR RISK PARI | 886364603 |  | 220667 | 11061 | SH |  | OTR | 2 | 0 | 0 | 11061 |
| TIMKEN CO | COM | 887389104 |  | 8679664 | 119637 | SH |  | OTR | 1 | 0 | 0 | 119637 |
| TOLL BROTHERS INC | COM | 889478103 |  | 9608148 | 84186 | SH |  | OTR | 1 | 0 | 0 | 84186 |
| TORM PLC | SHS CL A | G89479102 |  | 3164367 | 187750 | SH |  | OTR | 1 | 0 | 0 | 187750 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 2117502 | 4841 | SH |  | OTR | 2 | 0 | 0 | 4841 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 11154108 | 216123 | SH |  | OTR | 1 | 0 | 0 | 216123 |
| TREEHOUSE FOODS INC | COM | 89469A104 |  | 7499771 | 386188 | SH |  | OTR | 1 | 0 | 0 | 386188 |
| TRUECAR INC | COM | 89785L107 |  | 126274 | 66460 | SH |  | OTR | 1 | 0 | 0 | 66460 |
| TURNING PT BRANDS INC | COM | 90041L105 |  | 612828 | 8088 | SH |  | OTR | 1 | 0 | 0 | 8088 |
| TUTOR PERINI CORP | COM | 901109108 |  | 814908 | 17420 | SH |  | OTR | 1 | 0 | 0 | 17420 |
| TWILIO INC | CL A | 90138F102 |  | 294982 | 2372 | SH |  | OTR | 2 | 0 | 0 | 2372 |
| UGI CORP NEW | COM | 902681105 |  | 16736083 | 459530 | SH |  | OTR | 1 | 0 | 0 | 459530 |
| UMB FINL CORP | COM | 902788108 |  | 447876 | 4259 | SH |  | OTR | 1 | 0 | 0 | 4259 |
| UMH PPTYS INC | COM | 903002103 |  | 499133 | 29728 | SH |  | OTR | 1 | 0 | 0 | 29728 |
| UNION PAC CORP | COM | 907818108 |  | 389065 | 1691 | SH |  | OTR | 2 | 0 | 0 | 1691 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 447919 | 5625 | SH |  | OTR | 1 | 0 | 0 | 5625 |
| UNITED STS COMMODITY INDEX F | COMM IDX FND | 911717106 |  | 8767116 | 119627 | SH |  | OTR | 1 | 0 | 0 | 119627 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 409474 | 1425 | SH |  | OTR | 1 | 0 | 0 | 1425 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 221834 | 772 | SH |  | OTR | 2 | 0 | 0 | 772 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 352526 | 1130 | SH |  | OTR | 2 | 0 | 0 | 1130 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 1948536 | 80518 | SH |  | OTR | 2 | 0 | 0 | 80518 |
| UNIVERSAL CORP VA | COM | 913456109 |  | 696783 | 11964 | SH |  | OTR | 1 | 0 | 0 | 11964 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 10244576 | 56553 | SH |  | OTR | 1 | 0 | 0 | 56553 |
| UNUM GROUP | COM | 91529Y106 |  | 433277 | 5365 | SH |  | OTR | 1 | 0 | 0 | 5365 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 606289 | 8358 | SH |  | OTR | 1 | 0 | 0 | 8358 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 380690 | 5248 | SH |  | OTR | 2 | 0 | 0 | 5248 |
| US FOODS HLDG CORP | COM | 912008109 |  | 303496 | 3941 | SH |  | OTR | 2 | 0 | 0 | 3941 |
| USCF ETF TR | SUMMERHAVEN K1 | 90290T809 |  | 1993792 | 92092 | SH |  | OTR | 1 | 0 | 0 | 92092 |
| VAALCO ENERGY INC | COM NEW | 91851C201 |  | 125646 | 34805 | SH |  | OTR | 1 | 0 | 0 | 34805 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 8623984 | 64157 | SH |  | OTR | 1 | 0 | 0 | 64157 |
| VALMONT INDS INC | COM | 920253101 |  | 260276 | 797 | SH |  | OTR | 2 | 0 | 0 | 797 |
| VANECK BITCOIN ETF | SH BEN INT | 92189K105 |  | 9871183 | 323964 | SH |  | OTR | 1 | 0 | 0 | 323964 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 9472421 | 181952 | SH |  | OTR | 1 | 0 | 0 | 181952 |
| VANECK ETF TRUST | JP MRGAN EM LOC | 92189H300 |  | 892524 | 35208 | SH |  | SOLE |  | 0 | 0 | 35208 |
| VANECK ETF TRUST | EMERGING MRKT HI | 92189F353 |  | 2221483 | 112713 | SH |  | OTR | 1 | 0 | 0 | 112713 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 |  | 201930 | 2153 | SH |  | OTR | 2 | 0 | 0 | 2153 |
| VANECK ETF TRUST | JP MRGAN EM LOC | 92189H300 |  | 5065949 | 200809 | SH |  | OTR | 1 | 0 | 0 | 200809 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 6565445 | 89454 | SH |  | OTR | 1 | 0 | 0 | 89454 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 2734073 | 55339 | SH |  | OTR | 1 | 0 | 0 | 55339 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 3972365 | 13070 | SH |  | OTR | 2 | 0 | 0 | 13070 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1589348 | 2798 | SH |  | OTR | 2 | 0 | 0 | 2798 |
| VANGUARD INSTL INDEX FD | 0-3 MO TREAS BIL | 922040845 |  | 2926805 | 38864 | SH |  | OTR | 1 | 0 | 0 | 38864 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 337713 | 5024 | SH |  | OTR | 2 | 0 | 0 | 5024 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 226618 | 4508 | SH |  | SOLE |  | 0 | 0 | 4508 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 242549 | 4947 | SH |  | SOLE |  | 0 | 0 | 4947 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 1666276 | 20173 | SH |  | OTR | 1 | 0 | 0 | 20173 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 1096183 | 13839 | SH |  | OTR | 1 | 0 | 0 | 13839 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 |  | 3794578 | 67862 | SH |  | OTR | 1 | 0 | 0 | 67862 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 9800740 | 164381 | SH |  | OTR | 1 | 0 | 0 | 164381 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 247590 | 4343 | SH |  | SOLE |  | 0 | 0 | 4343 |
| VANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 921946885 |  | 2850509 | 43832 | SH |  | OTR | 1 | 0 | 0 | 43832 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 559808 | 844 | SH |  | OTR | 2 | 0 | 0 | 844 |
| VENTAS INC | COM | 92276F100 |  | 501411 | 7940 | SH |  | OTR | 1 | 0 | 0 | 7940 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 10303928 | 238131 | SH |  | OTR | 1 | 0 | 0 | 238131 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 1740732 | 3910 | SH |  | OTR | 2 | 0 | 0 | 3910 |
| VIATRIS INC | COM | 92556V106 |  | 7670647 | 858975 | SH |  | OTR | 1 | 0 | 0 | 858975 |
| VICI PPTYS INC | COM | 925652109 |  | 512244 | 15713 | SH |  | OTR | 1 | 0 | 0 | 15713 |
| VILLAGE FARMS INTL INC | COM | 92707Y108 |  | 546901 | 497183 | SH |  | OTR | 1 | 0 | 0 | 497183 |
| VISA INC | COM CL A | 92826C839 |  | 501331 | 1412 | SH |  | OTR | 2 | 0 | 0 | 1412 |
| VISTRA CORP | COM | 92840M102 |  | 664381 | 3428 | SH |  | OTR | 1 | 0 | 0 | 3428 |
| WABASH NATL CORP | COM | 929566107 |  | 6364723 | 598751 | SH |  | OTR | 1 | 0 | 0 | 598751 |
| WABTEC | COM | 929740108 |  | 321771 | 1537 | SH |  | OTR | 2 | 0 | 0 | 1537 |
| WALMART INC | COM | 931142103 |  | 289722 | 2963 | SH |  | OTR | 2 | 0 | 0 | 2963 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 471533 | 41146 | SH |  | OTR | 1 | 0 | 0 | 41146 |
| WEIS MKTS INC | COM | 948849104 |  | 445524 | 6146 | SH |  | OTR | 1 | 0 | 0 | 6146 |
| WELLTOWER INC | COM | 95040Q104 |  | 514227 | 3345 | SH |  | OTR | 1 | 0 | 0 | 3345 |
| WESCO INTL INC | COM | 95082P105 |  | 9916349 | 53544 | SH |  | OTR | 1 | 0 | 0 | 53544 |
| WESCO INTL INC | COM | 95082P105 |  | 289838 | 1565 | SH |  | OTR | 2 | 0 | 0 | 1565 |
| WESTERN UN CO | COM | 959802109 |  | 6109080 | 725544 | SH |  | OTR | 1 | 0 | 0 | 725544 |
| WHIRLPOOL CORP | COM | 963320106 |  | 9222729 | 90936 | SH |  | OTR | 1 | 0 | 0 | 90936 |
| WISDOMTREE TR | US EFFICIENT COR | 97717Y790 |  | 255656 | 5107 | SH |  | OTR | 2 | 0 | 0 | 5107 |
| WISDOMTREE TR | FUTRE STRAT FD | 97717W125 |  | 387101 | 10963 | SH |  | SOLE |  | 0 | 0 | 10963 |
| WM TECHNOLOGY INC | COM | 92971A109 |  | 497857 | 555644 | SH |  | OTR | 1 | 0 | 0 | 555644 |
| WOODWARD INC | COM | 980745103 |  | 326950 | 1334 | SH |  | OTR | 2 | 0 | 0 | 1334 |
| WORLD KINECT CORPORATION | COM | 981475106 |  | 10255442 | 361744 | SH |  | OTR | 1 | 0 | 0 | 361744 |
| XEROX HOLDINGS CORP | COM NEW | 98421M106 |  | 3450116 | 654671 | SH |  | OTR | 1 | 0 | 0 | 654671 |
| XYLEM INC | COM | 98419M100 |  | 1282734 | 9916 | SH |  | OTR | 2 | 0 | 0 | 9916 |
| YELP INC | CL A | 985817105 |  | 8891728 | 259461 | SH |  | OTR | 1 | 0 | 0 | 259461 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 473166 | 10583 | SH |  | OTR | 1 | 0 | 0 | 10583 |
| ZIFF DAVIS INC | COM | 48123V102 |  | 5551730 | 183407 | SH |  | OTR | 1 | 0 | 0 | 183407 |
| ZURN ELKAY WATER SOLNS CORP | COM | 98983L108 |  | 283893 | 7763 | SH |  | OTR | 2 | 0 | 0 | 7763 |

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