# EDGAR Filing Document

**Accession Number:** 0001795351
**File Stem:** 0001099263-26-002571
**Filing Date:** 2026-2
**Character Count:** 111954
**Document Hash:** f105a19d79c85c534e317694957cd6f7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-002571.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001099263-26-002571

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Exchange-Traded Funds, Inc.
- **CENTRAL INDEX KEY:** 0001795351

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23494
- **FILM NUMBER:** 26686616

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

## Series and Classes Contracts Data

### T. Rowe Price U.S. Equity Research ETF (Series ID: S000071604)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000226980 | T. Rowe Price U.S. Equity Research ETF | TSPA            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** T. Rowe Price Exchange-Traded Funds, Inc.

- **b. Investment Company Act file number:** 811-23494

- **c. CIK number of Registrant:** 0001795351

- **d. LEI of Registrant:** 549300XZPUK24E1UMH17

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

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

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

- **a. Name of Series:** T. Rowe Price U.S. Equity Research ETF

- **b. EDGAR series identifier (if any):** S000071604

- **c. LEI of Series:** 549300G9627FK2SYEV38

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

- **a. Date of fiscal year-end:** 2025-12-31

- **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:** $2118985341.63

**Total Liabilities:** $3802521.53

**Net Assets:** $2115182820.10

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000226980 | 2.53%                | 0.05%                | 0.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3865598.78              | $47004319.30                               |
| Month 2  | $2337105.14              | $-2407422.13                               |
| Month 3  | $11527354.76             | $-11577940.09                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 3M CO                             | 3M CO COMMON STOCK USD.01                                  | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     13651 | NS      | $2185525.10   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES               | ABBOTT LABORATORIES COMMON STOCK                           | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     74939 | NS      | $9389107.31   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                        | ABBVIE INC COMMON STOCK USD.01                             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     55856 | NS      | $12762537.44  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PLC CL A                | ACCENTURE PLC CL A COMMON STOCK USD.0000225                | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     22780 | NS      | $6111874.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC                         | ADOBE INC COMMON STOCK USD.0001                            | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      9329 | NS      | $3265056.71   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES            | ADVANCED MICRO DEVICES COMMON STOCK USD.01                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     74232 | NS      | $15897525.12  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNICO EAGLE MINES LTD            | AGNICO EAGLE MINES LTD COMMON STOCK                        | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |      3145 | NS      | $533171.85    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBNB INC-CLASS A                | AIRBNB INC CLASS A COMMON STOCK USD.0001                   | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      6300 | NS      | $855036.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANT ENERGY CORP               | ALLIANT ENERGY CORP COMMON STOCK USD.01                    | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     52536 | NS      | $3415365.36   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSTATE CORP                     | ALLSTATE CORP COMMON STOCK USD.01                          | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     34073 | NS      | $7092294.95   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC CL A                 | ALPHABET INC CL A COMMON STOCK USD.001                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    142413 | NS      | $44575269.00  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC CL C                 | ALPHABET INC CL C COMMON STOCK USD.001                     | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    227707 | NS      | $71454456.60  | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTRIA GROUP INC                  | ALTRIA GROUP INC COMMON STOCK USD.333                      | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     49171 | NS      | $2835199.86   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                    | AMAZON.COM INC COMMON STOCK USD.01                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    362168 | NS      | $83595617.76  | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| AMEREN CORPORATION                | AMEREN CORPORATION COMMON STOCK USD.01                     | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     16694 | NS      | $1667062.84   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS CO               | AMERICAN EXPRESS CO COMMON STOCK USD.2                     | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     19319 | NS      | $7147064.05   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP      | AMERICAN INTERNATIONAL GROUP COMMON STOCK USD2.5           | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     61246 | NS      | $5239595.30   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP               | AMERICAN TOWER CORP REIT USD.01                            | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     26123 | NS      | $4586415.11   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK INC                        | AMETEK INC COMMON STOCK USD.01                             | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      4100 | NS      | $841771.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC                         | AMGEN INC COMMON STOCK USD.0001                            | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      4045 | NS      | $1323968.95   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORP-CL A                | AMPHENOL CORP CL A COMMON STOCK USD.001                    | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     51958 | NS      | $7021604.12   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ANALOG DEVICES INC                | ANALOG DEVICES INC COMMON STOCK USD.167                    | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      5900 | NS      | $1600080.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| API GROUP CORP                    | API GROUP CORP COMMON STOCK USD.0001                       | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |     45282 | NS      | $1732489.32   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT INC      | APOLLO GLOBAL MANAGEMENT INC COMMON STOCK USD.0001         | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     18879 | NS      | $2732924.04   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                         | APPLE INC COMMON STOCK USD.00001                           | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    528002 | NS      | $143542623.72 | 6.79%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC             | APPLIED MATERIALS INC COMMON STOCK USD.01                  | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     20685 | NS      | $5315838.15   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORP-CLASS A             | APPLOVIN CORP CLASS A COMMON STOCK USD.00003               | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     12292 | NS      | $8282595.44   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES MANAGEMENT CORP              | ARES MANAGEMENT CORP   A COMMON STOCK                      | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |     19516 | NS      | $3154371.08   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS INC               | ARISTA NETWORKS INC COMMON STOCK USD.0001                  | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     45148 | NS      | $5915742.44   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ARTHUR J GALLAGHER & CO           | ARTHUR J GALLAGHER + CO COMMON STOCK USD1.0                | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      2400 | NS      | $621096.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                          | AT+T INC COMMON STOCK USD1.0                               | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     15552 | NS      | $386311.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMOS ENERGY CORP                 | ATMOS ENERGY CORP COMMON STOCK                             | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     15971 | NS      | $2677218.73   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTODESK INC                      | AUTODESK INC COMMON STOCK USD.01                           | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      4526 | NS      | $1339741.26   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOMATIC DATA PROCESSING         | AUTOMATIC DATA PROCESSING COMMON STOCK USD.1               | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      1902 | NS      | $489251.46    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOZONE INC                      | AUTOZONE INC COMMON STOCK USD.01                           | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       923 | NS      | $3130354.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AVALONBAY COMMUNITIES INC         | AVALONBAY COMMUNITIES INC REIT USD.01                      | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      7248 | NS      | $1314134.88   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS CAPITAL HOLDINGS LTD         | AXIS CAPITAL HOLDINGS LTD COMMON STOCK USD.0125            | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |     10595 | NS      | $1134618.55   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BAKER HUGHES CO                   | BAKER HUGHES CO COMMON STOCK USD.0001                      | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37683 | NS      | $1716083.82   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BALL CORP                         | BALL CORP COMMON STOCK                                     | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     30248 | NS      | $1602236.56   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP              | BANK OF AMERICA CORP COMMON STOCK USD.01                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    309434 | NS      | $17018870.00  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NEW YORK MELLON CORP      | BANK OF NEW YORK MELLON CORP COMMON STOCK USD.01           | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     37029 | NS      | $4298696.61   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BEONE MEDICINES LTD-ADR           | BEONE MEDICINES LTD ADR ADR USD.0001                       | CUSIP: 07725L102<br>LEI: 549300JFUK6FRD5MH739 | Long             | EC               | CORP              | CH        |      7725 | NS      | $2346932.25   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC-CL B       | BERKSHIRE HATHAWAY INC CL B COMMON STOCK USD.0033          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     43533 | NS      | $21881862.45  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK INC                     | BLACKROCK INC COMMON STOCK USD.01                          | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      5483 | NS      | $5868674.22   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKSTONE INC                    | BLACKSTONE INC COMMON STOCK USD.00001                      | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     14791 | NS      | $2279884.74   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOCK INC                         | BLOCK INC COMMON STOCK USD.0000001                         | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     80853 | NS      | $5262721.77   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                     | BOEING CO/THE COMMON STOCK USD5.0                          | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     38147 | NS      | $8282476.64   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC              | BOOKING HOLDINGS INC COMMON STOCK USD.008                  | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1396 | NS      | $7476040.68   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOZ ALLEN HAMILTON HOLDINGS      | BOOZ ALLEN HAMILTON HOLDINGS COMMON STOCK USD.01           | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |      6940 | NS      | $585458.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON SCIENTIFIC CORP            | BOSTON SCIENTIFIC CORP COMMON STOCK USD.01                 | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     52778 | NS      | $5032382.30   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO           | BRISTOL MYERS SQUIBB CO COMMON STOCK USD.1                 | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     15839 | NS      | $854355.66    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                      | BROADCOM INC COMMON STOCK                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    186714 | NS      | $64621715.40  | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP Inc                           | BXP INC REIT USD.01                                        | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |     11992 | NS      | $809220.16    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| CANADIAN NATL RAILWAY CO          | CANADIAN NATL RAILWAY CO COMMON STOCK                      | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |     22935 | NS      | $2267124.75   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP        | CAPITAL ONE FINANCIAL CORP COMMON STOCK USD.01             | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     15690 | NS      | $3802628.40   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH INC               | CARDINAL HEALTH INC COMMON STOCK                           | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     12574 | NS      | $2583957.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CARRIER GLOBAL CORP               | CARRIER GLOBAL CORP COMMON STOCK USD.01                    | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     34506 | NS      | $1823297.04   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CARVANA CO                        | CARVANA CO COMMON STOCK USD.001                            | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      8628 | NS      | $3641188.56   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                   | CATERPILLAR INC COMMON STOCK USD1.0                        | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     21738 | NS      | $12453048.06  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS INC           | CBOE GLOBAL MARKETS INC COMMON STOCK                       | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      2386 | NS      | $598886.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GROUP INC - A                | CBRE GROUP INC   A COMMON STOCK USD.01                     | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     16391 | NS      | $2635508.89   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW CORP/DE                       | CDW CORP/DE COMMON STOCK USD.01                            | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      5426 | NS      | $739021.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA INC                       | CENCORA INC COMMON STOCK USD.01                            | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     10312 | NS      | $3482878.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTENE CORP                      | CENTENE CORP COMMON STOCK USD.001                          | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     27543 | NS      | $1133394.45   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CF INDUSTRIES HOLDINGS INC        | CF INDUSTRIES HOLDINGS INC COMMON STOCK USD.01             | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |      9901 | NS      | $765743.34    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP                      | CHEVRON CORP COMMON STOCK USD.75                           | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80048 | NS      | $12200115.68  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIPOTLE MEXICAN GRILL INC        | CHIPOTLE MEXICAN GRILL INC COMMON STOCK USD.01             | CUSIP: 169656105<br>LEI: 529900REP5VGTPCP1J71 | Long             | EC               | CORP              | US        |    113577 | NS      | $4202349.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                         | CHUBB LTD COMMON STOCK                                     | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     33312 | NS      | $10397341.44  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CINTAS CORP                       | CINTAS CORP COMMON STOCK                                   | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15030 | NS      | $2826692.10   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC                 | CISCO SYSTEMS INC COMMON STOCK USD.001                     | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    115271 | NS      | $8879325.13   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                     | CITIGROUP INC COMMON STOCK USD.01                          | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    115549 | NS      | $13483412.81  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CME GROUP INC                     | CME GROUP INC COMMON STOCK USD.01                          | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     21100 | NS      | $5761988.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORP                   | CMS ENERGY CORP COMMON STOCK USD.01                        | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     24067 | NS      | $1683005.31   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA-COLA CO/THE                  | COCA COLA CO/THE COMMON STOCK USD.25                       | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    167898 | NS      | $11737749.18  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| COLGATE-PALMOLIVE CO              | COLGATE PALMOLIVE CO COMMON STOCK USD1.0                   | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     55260 | NS      | $4366645.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP-CLASS A              | COMCAST CORP CLASS A COMMON STOCK USD.01                   | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     30284 | NS      | $905188.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                    | CONOCOPHILLIPS COMMON STOCK USD.01                         | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     74350 | NS      | $6959903.50   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOLIDATED EDISON INC           | CONSOLIDATED EDISON INC COMMON STOCK USD.1                 | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     35602 | NS      | $3535990.64   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY              | CONSTELLATION ENERGY COMMON STOCK                          | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     10449 | NS      | $3691318.23   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| COREBRIDGE FINANCIAL INC          | COREBRIDGE FINANCIAL INC COMMON STOCK USD.01               | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |     40918 | NS      | $1234496.06   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CORNING INC                       | CORNING INC COMMON STOCK USD.5                             | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     28243 | NS      | $2472957.08   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CORPAY INC                        | CORPAY INC COMMON STOCK USD.001                            | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |     17060 | NS      | $5133865.80   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CORTEVA INC                       | CORTEVA INC COMMON STOCK USD.01                            | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     23629 | NS      | $1583851.87   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAR GROUP INC                  | COSTAR GROUP INC COMMON STOCK USD.01                       | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |      5230 | NS      | $351665.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORP             | COSTCO WHOLESALE CORP COMMON STOCK USD.005                 | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     15796 | NS      | $13621522.64  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                           | CRH PLC COMMON STOCK EUR.32                                | CUSIP: G25508105<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |     23500 | NS      | $2932800.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC - A      | CROWDSTRIKE HOLDINGS INC   A COMMON STOCK                  | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      9321 | NS      | $4369311.96   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX CORP                          | CSX CORP COMMON STOCK USD1.0                               | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    141470 | NS      | $5128287.50   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CUBESMART                         | CUBESMART REIT USD.01                                      | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30920 | NS      | $1114666.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC                       | CUMMINS INC COMMON STOCK USD2.5                            | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      5400 | NS      | $2756430.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                   | CVS HEALTH CORP COMMON STOCK USD.01                        | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     60685 | NS      | $4815961.60   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                      | DANAHER CORP COMMON STOCK USD.01                           | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     35747 | NS      | $8183203.24   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| DARDEN RESTAURANTS INC            | DARDEN RESTAURANTS INC COMMON STOCK                        | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |      3304 | NS      | $608002.08    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DATADOG INC - CLASS A             | DATADOG INC   CLASS A COMMON STOCK USD.00001               | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |     27851 | NS      | $3787457.49   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DAYFORCE INC                      | DAYFORCE INC COMMON STOCK USD.01                           | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |      5989 | NS      | $414199.24    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE & CO                        | DEERE + CO COMMON STOCK USD1.0                             | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     14107 | NS      | $6567795.99   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL TECHNOLOGIES -C              | DELL TECHNOLOGIES  C COMMON STOCK                          | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      8239 | NS      | $1037125.32   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| DESCARTES SYSTEMS GRP/THE         | DESCARTES SYSTEMS GRP/THE COMMON STOCK                     | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |     30208 | NS      | $2648033.28   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMONDBACK ENERGY INC            | DIAMONDBACK ENERGY INC COMMON STOCK USD.01                 | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     17305 | NS      | $2601460.65   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DOMINO S PIZZA INC                | DOMINO S PIZZA INC COMMON STOCK USD.01                     | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |      1941 | NS      | $809047.62    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DOORDASH INC - A                  | DOORDASH INC   A COMMON STOCK USD.00001                    | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     16759 | NS      | $3795578.32   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DOVER CORP                        | DOVER CORP COMMON STOCK USD1.0                             | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |     16179 | NS      | $3158787.96   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| DOW INC                           | DOW INC COMMON STOCK USD.01                                | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |     15860 | NS      | $370806.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY COMPANY                | DTE ENERGY COMPANY COMMON STOCK                            | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     14082 | NS      | $1816296.36   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| EAST WEST BANCORP INC             | EAST WEST BANCORP INC COMMON STOCK USD.001                 | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |     19506 | NS      | $2192279.34   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EBAY INC                          | EBAY INC COMMON STOCK USD.001                              | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      4951 | NS      | $431232.10    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ECOLAB INC                        | ECOLAB INC COMMON STOCK USD1.0                             | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     10587 | NS      | $2779299.24   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EDWARDS LIFESCIENCES CORP         | EDWARDS LIFESCIENCES CORP COMMON STOCK USD1.0              | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     10578 | NS      | $901774.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ELECTRONIC ARTS INC               | ELECTRONIC ARTS INC COMMON STOCK USD.01                    | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      2404 | NS      | $491209.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH INC               | ELEVANCE HEALTH INC COMMON STOCK USD.01                    | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      4505 | NS      | $1579227.75   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ELF BEAUTY INC                    | ELF BEAUTY INC COMMON STOCK USD.01                         | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |     10930 | NS      | $831117.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY & CO                    | ELI LILLY + CO COMMON STOCK                                | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     30946 | NS      | $33257047.28  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| EMERSON ELECTRIC CO               | EMERSON ELECTRIC CO COMMON STOCK USD.5                     | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     11634 | NS      | $1544064.48   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES INC                 | EOG RESOURCES INC COMMON STOCK USD.01                      | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     17976 | NS      | $1887659.76   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT CORP                          | EQT CORP COMMON STOCK                                      | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     28825 | NS      | $1545020.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUIFAX INC                       | EQUIFAX INC COMMON STOCK USD1.25                           | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |      7622 | NS      | $1653821.56   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                       | EQUINIX INC REIT USD.001                                   | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      5434 | NS      | $4163313.44   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITABLE HOLDINGS INC            | EQUITABLE HOLDINGS INC COMMON STOCK USD.01                 | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     51279 | NS      | $2443444.35   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY LIFESTYLE PROPERTIES       | EQUITY LIFESTYLE PROPERTIES REIT USD.01                    | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |      6781 | NS      | $410996.41    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ESAB CORP                         | ESAB CORP COMMON STOCK USD.001                             | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |     17413 | NS      | $1945380.36   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSEX PROPERTY TRUST INC          | ESSEX PROPERTY TRUST INC REIT USD.0001                     | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      5643 | NS      | $1476660.24   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ESTEE LAUDER COMPANIES-CL A       | ESTEE LAUDER COMPANIES CL A COMMON STOCK USD.01            | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |     24627 | NS      | $2578939.44   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPAND ENERGY CORP                | EXPAND ENERGY CORP COMMON STOCK USD.01                     | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     11089 | NS      | $1223782.04   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                  | EXXON MOBIL CORP COMMON STOCK                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    133359 | NS      | $16048422.06  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| FAIR ISAAC CORP                   | FAIR ISAAC CORP COMMON STOCK USD.01                        | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |       497 | NS      | $840238.14    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FIFTH THIRD BANCORP               | FIFTH THIRD BANCORP COMMON STOCK                           | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     50471 | NS      | $2362547.51   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST SOLAR INC                   | FIRST SOLAR INC COMMON STOCK USD.001                       | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      6322 | NS      | $1651496.06   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV INC                        | FISERV INC COMMON STOCK USD.01                             | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     10482 | NS      | $704075.94    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTINET INC                      | FORTINET INC COMMON STOCK USD.001                          | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     41241 | NS      | $3274947.81   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTIVE CORP                      | FORTIVE CORP COMMON STOCK USD.01                           | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |     68204 | NS      | $3765542.84   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANCO-NEVADA CORP                | FRANCO NEVADA CORP COMMON STOCK                            | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |     15496 | NS      | $3212010.88   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FREEPORT-MCMORAN INC              | FREEPORT MCMORAN INC COMMON STOCK USD.1                    | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     48847 | NS      | $2480939.13   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA LLC                    | GE VERNOVA INC COMMON STOCK USD.01                         | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      4404 | NS      | $2878322.28   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                      | GENERAL ELECTRIC COMMON STOCK USD.01                       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     46399 | NS      | $14292283.97  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS CO                 | GENERAL MOTORS CO COMMON STOCK USD.01                      | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     43188 | NS      | $3512048.16   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC               | GILEAD SCIENCES INC COMMON STOCK USD.001                   | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     72909 | NS      | $8948850.66   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL PAYMENTS INC               | GLOBAL PAYMENTS INC COMMON STOCK                           | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |       590 | NS      | $45666.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC           | GOLDMAN SACHS GROUP INC COMMON STOCK USD.01                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      8596 | NS      | $7555884.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| HARTFORD INSURANCE GROUP INC/T    | HARTFORD INSURANCE GROUP INC COMMON STOCK USD.01           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     19642 | NS      | $2706667.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC     | HILTON WORLDWIDE HOLDINGS IN COMMON STOCK USD.01           | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     16335 | NS      | $4692228.75   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                    | HOME DEPOT INC COMMON STOCK USD.05                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     41358 | NS      | $14231287.80  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| HONEYWELL INTERNATIONAL INC       | HONEYWELL INTERNATIONAL INC COMMON STOCK USD1.0            | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     17466 | NS      | $3407441.94   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWMET AEROSPACE INC              | HOWMET AEROSPACE INC COMMON STOCK                          | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     21088 | NS      | $4323461.76   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBBELL INC                       | HUBBELL INC COMMON STOCK USD.01                            | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      7931 | NS      | $3522236.41   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBSPOT INC                       | HUBSPOT INC COMMON STOCK USD.001                           | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      1312 | NS      | $526505.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INC         | HUNTINGTON BANCSHARES INC COMMON STOCK USD.01              | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    126651 | NS      | $2197394.85   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX LABORATORIES INC            | IDEXX LABORATORIES INC COMMON STOCK USD.1                  | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      2730 | NS      | $1846926.90   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| INGERSOLL-RAND INC                | INGERSOLL RAND INC COMMON STOCK USD.01                     | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     22001 | NS      | $1742919.22   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORP                        | INTEL CORP COMMON STOCK USD.001                            | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    162419 | NS      | $5993261.10   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC     | INTERCONTINENTAL EXCHANGE IN COMMON STOCK USD.01           | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      9681 | NS      | $1567934.76   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL PAPER CO            | INTERNATIONAL PAPER CO COMMON STOCK USD1.0                 | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     56329 | NS      | $2218799.31   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INTL BUSINESS MACHINES CORP       | INTL BUSINESS MACHINES CORP COMMON STOCK USD.2             | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     35445 | NS      | $10499163.45  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC                        | INTUIT INC COMMON STOCK USD.01                             | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     10805 | NS      | $7157448.10   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL INC            | INTUITIVE SURGICAL INC COMMON STOCK USD.001                | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     17612 | NS      | $9974732.32   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA HOLDINGS INC                | IQVIA HOLDINGS INC COMMON STOCK USD.01                     | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |      5022 | NS      | $1132009.02   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                 | JOHNSON + JOHNSON COMMON STOCK USD1.0                      | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     76175 | NS      | $15764416.25  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON CONTROLS INTERNATION      | JOHNSON CONTROLS INTERNATION COMMON STOCK USD.01           | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     28022 | NS      | $3355634.50   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN CHASE & CO.           | JPMORGAN CHASE + CO COMMON STOCK USD1.0                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     94057 | NS      | $30307046.54  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| KENVUE INC                        | KENVUE INC COMMON STOCK USD.01                             | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |     61762 | NS      | $1065394.50   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC              | KEURIG DR PEPPER INC COMMON STOCK USD.01                   | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     87605 | NS      | $2453816.05   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                           | KEYCORP COMMON STOCK USD1.0                                | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |     83498 | NS      | $1723398.72   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES IN          | KEYSIGHT TECHNOLOGIES IN COMMON STOCK USD.01               | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |     31589 | NS      | $6418568.91   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMBERLY-CLARK CORP               | KIMBERLY CLARK CORP COMMON STOCK USD1.25                   | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |      3904 | NS      | $393874.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMCO REALTY CORP                 | KIMCO REALTY CORP REIT USD.01                              | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |     33580 | NS      | $680666.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & CO INC                      | KKR + CO INC COMMON STOCK USD.01                           | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     35390 | NS      | $4511517.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORP                          | KLA CORP COMMON STOCK USD.001                              | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      8356 | NS      | $10153208.48  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| KLARNA GROUP PLC                  | KLARNA GROUP PLC COMMON STOCK USD.01                       | CUSIP: G5279N105<br>LEI: 636700HER4JIK7GZUN17 | Long             | EC               | CORP              | GB        |      9388 | NS      | $271407.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| L3HARRIS TECHNOLOGIES INC         | L3HARRIS TECHNOLOGIES INC COMMON STOCK USD1.0              | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     10961 | NS      | $3217820.77   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORP                 | LAM RESEARCH CORP COMMON STOCK USD.001                     | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     52130 | NS      | $8923613.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMB WESTON HOLDING INC           | LAMB WESTON HOLDINGS INC COMMON STOCK USD1.0               | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |     20685 | NS      | $866494.65    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LAS VEGAS SANDS CORP              | LAS VEGAS SANDS CORP COMMON STOCK USD.001                  | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |     21095 | NS      | $1373073.55   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY MEDIA CORP-FORMULA-C      | LIBERTY MEDIA CORP FORMULA C TRACKING STK                  | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6700 | NS      | $660017.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                         | LINDE PLC COMMON STOCK                                     | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     22717 | NS      | $9686301.63   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWE S COS INC                    | LOWE S COS INC COMMON STOCK USD.5                          | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     18720 | NS      | $4514515.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNUM ICE CREAM CO NV/THE        | MAGNUM ICE CREAM CO NV/THE COMMON STOCK EUR3.5             | CUSIP: N5505D105<br>LEI: 25490052LLF3XH6G9847 | Long             | EC               | CORP              | NL        |      9256 | NS      | $146707.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORP           | MARATHON PETROLEUM CORP COMMON STOCK USD.01                | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     13028 | NS      | $2118743.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MARSH & MCLENNAN COS              | MARSH + MCLENNAN COS COMMON STOCK USD1.0                   | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     38291 | NS      | $7103746.32   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MARTIN MARIETTA MATERIALS         | MARTIN MARIETTA MATERIALS COMMON STOCK USD.01              | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      3828 | NS      | $2383542.48   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MARVELL TECHNOLOGY INC            | MARVELL TECHNOLOGY INC COMMON STOCK USD.002                | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16054 | NS      | $1364268.92   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC - A                | MASTERCARD INC   A COMMON STOCK USD.0001                   | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     32554 | NS      | $18584427.52  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALD S CORP                   | MCDONALD S CORP COMMON STOCK USD.01                        | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     32823 | NS      | $10031693.49  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MCKESSON CORP                     | MCKESSON CORP COMMON STOCK USD.01                          | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      3019 | NS      | $2476455.51   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDLINE INC-CL A                  | MEDLINE INC CL A COMMON STOCK USD.0001                     | CUSIP: 58507V107<br>LEI: 984500FAN6J1P8566D43 | Long             | EC               | CORP              | US        |     28393 | NS      | $1192506.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PLC                     | MEDTRONIC PLC COMMON STOCK USD.1                           | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     21072 | NS      | $2024176.32   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO. INC.                  | MERCK + CO. INC. COMMON STOCK USD.5                        | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     94459 | NS      | $9942754.34   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC-CLASS A        | META PLATFORMS INC CLASS A COMMON STOCK USD.000006         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     83341 | NS      | $55012560.69  | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                       | METLIFE INC COMMON STOCK USD.01                            | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     63876 | NS      | $5042371.44   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| METTLER-TOLEDO INTERNATIONAL      | METTLER TOLEDO INTERNATIONAL COMMON STOCK USD.01           | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |       659 | NS      | $918771.21    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC          | MICROCHIP TECHNOLOGY INC COMMON STOCK USD.001              | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |      5900 | NS      | $375948.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC             | MICRON TECHNOLOGY INC COMMON STOCK USD.1                   | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     41277 | NS      | $11780868.57  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                    | MICROSOFT CORP COMMON STOCK USD.00000625                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    275649 | NS      | $133309369.38 | 6.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MIDDLEBY CORP                     | MIDDLEBY CORP COMMON STOCK USD.01                          | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     16017 | NS      | $2381247.39   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDELEZ INTERNATIONAL INC        | MONDELEZ INTERNATIONAL INC A COMMON STOCK                  | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     37727 | NS      | $2030844.41   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MONOLITHIC POWER SYSTEMS INC      | MONOLITHIC POWER SYSTEMS INC COMMON STOCK USD.001          | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      7178 | NS      | $6505852.08   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MONSTER BEVERAGE CORP             | MONSTER BEVERAGE CORP COMMON STOCK USD.005                 | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     31901 | NS      | $2445849.67   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MOODY S CORP                      | MOODY S CORP COMMON STOCK USD.01                           | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      8380 | NS      | $4280923.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                    | MORGAN STANLEY COMMON STOCK USD.01                         | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     38549 | NS      | $6843603.97   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MOSAIC CO                         | MOSAIC CO/THE COMMON STOCK USD.01                          | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     18578 | NS      | $447544.02    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI INC                          | MSCI INC COMMON STOCK USD.01                               | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |      2800 | NS      | $1606444.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                       | NETFLIX INC COMMON STOCK USD.001                           | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    158404 | NS      | $14851959.04  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC                | NEXTERA ENERGY INC COMMON STOCK USD.01                     | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    106159 | NS      | $8522444.52   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE INC -CL B                    | NIKE INC  CL B COMMON STOCK                                | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     16496 | NS      | $1050960.16   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHROP GRUMMAN CORP             | NORTHROP GRUMMAN CORP COMMON STOCK USD1.0                  | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     10083 | NS      | $5749427.43   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                       | NVIDIA CORP COMMON STOCK USD.001                           | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    906091 | NS      | $168985971.50 | 7.99%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR INC                           | NVR INC COMMON STOCK USD.01                                | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |       396 | NS      | $2887936.92   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| O REILLY AUTOMOTIVE INC           | O REILLY AUTOMOTIVE INC COMMON STOCK USD.01                | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     44191 | NS      | $4030661.11   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD DOMINION FREIGHT LINE         | OLD DOMINION FREIGHT LINE COMMON STOCK USD.1               | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |     31849 | NS      | $4993923.20   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                       | ORACLE CORP COMMON STOCK USD.01                            | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     60376 | NS      | $11767886.16  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| P G & E CORP                      | P G + E CORP COMMON STOCK                                  | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    259544 | NS      | $4170872.08   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR INC                        | PACCAR INC COMMON STOCK USD1.0                             | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     24381 | NS      | $2669963.31   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PACKAGING CORP OF AMERICA         | PACKAGING CORP OF AMERICA COMMON STOCK USD.01              | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      3599 | NS      | $742221.77    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC-A       | PALANTIR TECHNOLOGIES INC A COMMON STOCK USD.001           | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     83540 | NS      | $14849235.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| PALO ALTO NETWORKS INC            | PALO ALTO NETWORKS INC COMMON STOCK USD.0001               | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     34608 | NS      | $6374793.60   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER HANNIFIN CORP              | PARKER HANNIFIN CORP COMMON STOCK USD.5                    | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      8491 | NS      | $7463249.36   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPSICO INC                       | PEPSICO INC COMMON STOCK USD.017                           | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     34231 | NS      | $4912833.12   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC                        | PFIZER INC COMMON STOCK USD.05                             | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     87556 | NS      | $2180144.40   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL       | PHILIP MORRIS INTERNATIONAL COMMON STOCK                   | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     64177 | NS      | $10293990.80  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PINTEREST INC- CLASS A            | PINTEREST INC  CLASS A COMMON STOCK USD.00001              | CUSIP: 72352L106<br>LEI: 529900Y043CEBGO4HB65 | Long             | EC               | CORP              | US        |     19576 | NS      | $506822.64    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| POOL CORP                         | POOL CORP COMMON STOCK USD.001                             | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      1400 | NS      | $320250.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| POPULAR INC                       | POPULAR INC COMMON STOCK USD.01                            | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |      7034 | NS      | $875873.68    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE CO/THE           | PROCTER + GAMBLE CO/THE COMMON STOCK                       | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     94228 | NS      | $13503814.68  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| PROGRESSIVE CORP                  | PROGRESSIVE CORP COMMON STOCK USD1.0                       | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     14531 | NS      | $3308999.32   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                      | PROLOGIS INC REIT USD.01                                   | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     40623 | NS      | $5185932.18   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC INC                           | PTC INC COMMON STOCK USD.01                                | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      8862 | NS      | $1543849.02   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                    | PUBLIC STORAGE REIT USD.1                                  | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |      6947 | NS      | $1802746.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                      | QUALCOMM INC COMMON STOCK USD.0001                         | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     44899 | NS      | $7679973.95   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| QUEST DIAGNOSTICS INC             | QUEST DIAGNOSTICS INC COMMON STOCK USD.01                  | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      5635 | NS      | $977841.55    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENCY CENTERS CORP              | REGENCY CENTERS CORP REIT USD.01                           | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     12866 | NS      | $888139.98    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENERON PHARMACEUTICALS         | REGENERON PHARMACEUTICALS COMMON STOCK USD.001             | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      4761 | NS      | $3674873.07   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| RENAISSANCERE HOLDINGS LTD        | RENAISSANCERE HOLDINGS LTD COMMON STOCK USD1.0             | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |      3522 | NS      | $990245.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RESMED INC                        | RESMED INC COMMON STOCK USD.004                            | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      8050 | NS      | $1939003.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| REXFORD INDUSTRIAL REALTY IN      | REXFORD INDUSTRIAL REALTY IN REIT USD.01                   | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     75244 | NS      | $2913447.68   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBINHOOD MARKETS INC - A         | ROBINHOOD MARKETS INC   A COMMON STOCK USD.0001            | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     21184 | NS      | $2395910.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKET COS INC-CLASS A            | ROCKET COS INC CLASS A COMMON STOCK USD.00001              | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72767 | NS      | $1408769.12   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ROSS STORES INC                   | ROSS STORES INC COMMON STOCK USD.01                        | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |     23299 | NS      | $4197081.86   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD       | ROYAL CARIBBEAN CRUISES LTD COMMON STOCK USD.01            | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |     11646 | NS      | $3248302.32   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM INTERNATIONAL INC             | RPM INTERNATIONAL INC COMMON STOCK USD.01                  | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |      3029 | NS      | $315016.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORP                          | RTX CORP COMMON STOCK USD1.0                               | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     17915 | NS      | $3285611.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC                    | S+P GLOBAL INC COMMON STOCK USD1.0                         | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     10673 | NS      | $5577603.07   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SAIA INC                          | SAIA INC COMMON STOCK USD.001                              | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |     11327 | NS      | $3698492.04   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                    | SALESFORCE INC COMMON STOCK USD.001                        | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     22827 | NS      | $6047100.57   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDISK CORP                      | SANDISK CORP COMMON STOCK USD.01                           | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4266 | NS      | $1012663.08   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB (CHARLES) CORP             | SCHWAB (CHARLES) CORP COMMON STOCK USD.01                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    102702 | NS      | $10260956.82  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAGATE TECHNOLOGY HOLDINGS       | SEAGATE TECHNOLOGY HOLDINGS COMMON STOCK USD.00001         | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |     12615 | NS      | $3474044.85   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA                            | SEMPRA COMMON STOCK                                        | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     53436 | NS      | $4717864.44   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC                    | SERVICENOW INC COMMON STOCK USD.001                        | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     39252 | NS      | $6013013.88   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| SHERWIN-WILLIAMS CO/THE           | SHERWIN WILLIAMS CO/THE COMMON STOCK USD1.0                | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      9580 | NS      | $3104207.40   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROPERTY GROUP INC          | SIMON PROPERTY GROUP INC REIT USD.0001                     | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      9267 | NS      | $1715414.37   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SITEONE LANDSCAPE SUPPLY INC      | SITEONE LANDSCAPE SUPPLY INC COMMON STOCK USD.01           | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |      8999 | NS      | $1120915.44   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB LTD                           | SLB LTD COMMON STOCK USD.01                                | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     78228 | NS      | $3002390.64   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN CO/THE                   | SOUTHERN CO/THE COMMON STOCK USD5.0                        | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     39737 | NS      | $3465066.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY SA             | SPOTIFY TECHNOLOGY SA COMMON STOCK EUR.000625              | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |      1916 | NS      | $1112640.36   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| STANLEY BLACK & DECKER INC        | STANLEY BLACK + DECKER INC COMMON STOCK USD2.5             | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     10786 | NS      | $801184.08    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORP                 | STATE STREET CORP COMMON STOCK USD1.0                      | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     11237 | NS      | $1449685.37   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET INS US GO MM FD-IS   | STATE STREET INSTITUTIONAL US STATE ST INST US GOV MM PREM | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  10705189 | NS      | $10705189.41  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL DYNAMICS INC                | STEEL DYNAMICS INC COMMON STOCK USD.005                    | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     13756 | NS      | $2330954.20   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| STRYKER CORP                      | STRYKER CORP COMMON STOCK USD.1                            | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |     18083 | NS      | $6355632.01   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC               | SUN COMMUNITIES INC REIT USD.01                            | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      6282 | NS      | $778402.62    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC                      | SYNOPSYS INC COMMON STOCK USD.01                           | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      2200 | NS      | $1033384.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                   | T MOBILE US INC COMMON STOCK USD.0001                      | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     90411 | NS      | $18357049.44  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGA RESOURCES CORP              | TARGA RESOURCES CORP COMMON STOCK USD.001                  | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     16649 | NS      | $3071740.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORP                       | TARGET CORP COMMON STOCK USD.0833                          | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      4300 | NS      | $420325.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TE CONNECTIVITY PLC               | TE CONNECTIVITY PLC COMMON STOCK USD.01                    | CUSIP: G87052109<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |     25982 | NS      | $5911164.82   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEDYNE TECHNOLOGIES INC         | TELEDYNE TECHNOLOGIES INC COMMON STOCK USD.01              | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      8784 | NS      | $4486252.32   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TENET HEALTHCARE CORP             | TENET HEALTHCARE CORP COMMON STOCK USD.05                  | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     15079 | NS      | $2996498.88   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TERADYNE INC                      | TERADYNE INC COMMON STOCK USD.125                          | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |     11881 | NS      | $2299686.36   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA INC                         | TESLA INC COMMON STOCK USD.001                             | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     99480 | NS      | $44738145.60  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC             | TEXAS INSTRUMENTS INC COMMON STOCK USD1.0                  | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      6700 | NS      | $1162383.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP/THE                   | THE CIGNA GROUP COMMON STOCK USD.01                        | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     12019 | NS      | $3307989.37   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC      | THERMO FISHER SCIENTIFIC INC COMMON STOCK USD1.0           | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     17672 | NS      | $10240040.40  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX COMPANIES INC                 | TJX COMPANIES INC COMMON STOCK USD1.0                      | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     32941 | NS      | $5060067.01   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc            | TKO GROUP HOLDINGS INC COMMON STOCK USD.00001              | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16118 | NS      | $3368662.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG INC                           | TPG INC COMMON STOCK                                       | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |     27961 | NS      | $1785030.24   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TRADE DESK INC/THE -CLASS A       | TRADE DESK INC/THE  CLASS A COMMON STOCK USD.000001        | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     14206 | NS      | $539259.76    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TRADEWEB MARKETS INC-CLASS A      | TRADEWEB MARKETS INC CLASS A COMMON STOCK USD.00001        | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37511 | NS      | $4033932.94   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC            | TRANE TECHNOLOGIES PLC COMMON STOCK USD1.0                 | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      8529 | NS      | $3319486.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM GROUP INC               | TRANSDIGM GROUP INC COMMON STOCK USD.01                    | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1547 | NS      | $2057277.95   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GRS - SECURITY LENDING COLLATERAL | TREASURY RESERVE FUND - Collateral                         | CUSIP: 76105YYY9<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | STIV             | RF                | US        |   3177029 | NS      | $3177028.75   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TRUIST FINANCIAL CORP             | TRUIST FINANCIAL CORP COMMON STOCK USD5.0                  | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     11068 | NS      | $544656.28    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS INC-CL A              | TYSON FOODS INC CL A COMMON STOCK USD.1                    | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     11837 | NS      | $693884.94    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES INC             | UBER TECHNOLOGIES INC COMMON STOCK USD.00001               | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     16529 | NS      | $1350584.59   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTA BEAUTY INC                   | ULTA BEAUTY INC COMMON STOCK                               | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      2490 | NS      | $1506474.90   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| UNILEVER PLC-SPONSORED ADR        | UNILEVER PLC SPONSORED ADR ADR                             | CUSIP: 904767803<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     41151 | NS      | $2691275.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| UNION PACIFIC CORP                | UNION PACIFIC CORP COMMON STOCK USD2.5                     | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      3926 | NS      | $908162.32    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIRLINES HOLDINGS INC      | UNITED AIRLINES HOLDINGS INC COMMON STOCK USD.01           | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     17704 | NS      | $1979661.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC            | UNITEDHEALTH GROUP INC COMMON STOCK USD.01                 | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     35094 | NS      | $11584880.34  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                        | US BANCORP COMMON STOCK USD.01                             | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    118628 | NS      | $6329990.08   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORP                | VALERO ENERGY CORP COMMON STOCK USD.01                     | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     15328 | NS      | $2495245.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                        | VENTAS INC REIT USD.25                                     | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     13658 | NS      | $1056856.04   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VERALTO CORP                      | VERALTO CORP COMMON STOCK USD.01                           | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |      3681 | NS      | $367290.18    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| VERISK ANALYTICS INC              | VERISK ANALYTICS INC COMMON STOCK USD.001                  | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |     10916 | NS      | $2441800.04   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARMACEUTICALS INC        | VERTEX PHARMACEUTICALS INC COMMON STOCK USD.01             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     15394 | NS      | $6979023.84   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTIV HOLDINGS CO-A              | VERTIV HOLDINGS CO A COMMON STOCK USD.0001                 | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     23360 | NS      | $3784553.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC                       | VIATRIS INC COMMON STOCK                                   | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    263391 | NS      | $3279217.95   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC-CLASS A SHARES           | VISA INC CLASS A SHARES COMMON STOCK USD.0001              | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     70768 | NS      | $24819045.28  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP                       | VISTRA CORP COMMON STOCK USD.01                            | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     17439 | NS      | $2813433.87   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| VOYA FINANCIAL INC                | VOYA FINANCIAL INC COMMON STOCK USD.01                     | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |     34756 | NS      | $2588974.44   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VULCAN MATERIALS CO               | VULCAN MATERIALS CO COMMON STOCK USD1.0                    | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      2528 | NS      | $721036.16    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                       | WALMART INC COMMON STOCK USD.1                             | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    166271 | NS      | $18524252.11  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO/THE                | WALT DISNEY CO/THE COMMON STOCK USD.01                     | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     32723 | NS      | $3722895.71   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE CONNECTIONS INC             | WASTE CONNECTIONS INC COMMON STOCK                         | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     11550 | NS      | $2025408.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE MANAGEMENT INC              | WASTE MANAGEMENT INC COMMON STOCK USD.01                   | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     10600 | NS      | $2328926.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WATERS CORP                       | WATERS CORP COMMON STOCK USD.01                            | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |      2100 | NS      | $797643.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & CO                  | WELLS FARGO + CO COMMON STOCK USD1.666                     | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     39216 | NS      | $3654931.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                     | WELLTOWER INC REIT USD1.0                                  | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     26926 | NS      | $4997734.86   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| WEST FRASER TIMBER CO LTD         | WEST FRASER TIMBER CO LTD COMMON STOCK                     | CUSIP: 952845105<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |     21260 | NS      | $1299198.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| WEST PHARMACEUTICAL SERVICES      | WEST PHARMACEUTICAL SERVICES COMMON STOCK USD.25           | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |      4244 | NS      | $1167694.16   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN ALLIANCE BANCORP          | WESTERN ALLIANCE BANCORP COMMON STOCK USD.0001             | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     13329 | NS      | $1120569.03   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP              | WESTERN DIGITAL CORP COMMON STOCK USD.01                   | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |     15108 | NS      | $2602655.16   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS COS INC                  | WILLIAMS COS INC COMMON STOCK USD1.0                       | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     81929 | NS      | $4924752.19   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| WINGSTOP INC                      | WINGSTOP INC COMMON STOCK USD.01                           | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      4498 | NS      | $1072728.02   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY INC                       | WORKDAY INC CLASS A COMMON STOCK USD.001                   | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      5054 | NS      | $1085498.12   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WW GRAINGER INC                   | WW GRAINGER INC COMMON STOCK USD.5                         | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      2903 | NS      | $2929272.15   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| XCEL ENERGY INC                   | XCEL ENERGY INC COMMON STOCK USD2.5                        | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     75857 | NS      | $5602798.02   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| XYLEM INC                         | XYLEM INC COMMON STOCK                                     | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      7157 | NS      | $974640.26    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS INC        | ZIMMER BIOMET HOLDINGS INC COMMON STOCK USD.01             | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     13902 | NS      | $1250067.84   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOETIS INC                        | ZOETIS INC COMMON STOCK USD.01                             | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      7786 | NS      | $979634.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-04

**Name of Applicant:** T. Rowe Price Exchange-Traded Funds, Inc.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President