# EDGAR Filing Document

**Accession Number:** 0001644419
**File Stem:** 0000910472-26-005935
**Filing Date:** 2026-4
**Character Count:** 48754
**Document Hash:** d2c9fc1291ef77e58e4a3b419f1d5a59
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-005935.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0000910472-26-005935

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Fund Trust IV
- **CENTRAL INDEX KEY:** 0001644419

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0916

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23066
- **FILM NUMBER:** 26904204

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68154-1150

## Series and Classes Contracts Data

### Inspire Fidelis Multi Factor ETF (Series ID: S000076870)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000237005 | Inspire Fidelis Multi Factor ETF | FDLS            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 99.8%** |  |
|  | **AEROSPACE & DEFENSE - 2.6%** |  |
| 14022 | ATI, Inc.<sup>(a)</sup> | $2293859 |
| 5130 | Woodward, Inc. | 1984079 |
|  |  | 4277938 |
|  | **ASSET MANAGEMENT - 3.0%** |  |
| 28557 | Federated Hermes, Inc. | 1599478 |
| 98325 | Patria Investments Ltd., Class A | 1290024 |
| 96957 | XP, Inc., Class A | 2087484 |
|  |  | 4976986 |
|  | **AUTOMOTIVE - 0.9%** |  |
| 39159 | Standard Motor Products, Inc. | 1553829 |
|  | **BANKING - 3.8%** |  |
| 5472 | Credicorp Ltd. | 1895392 |
| 188271 | Inter & Company, Inc., Class A | 1639840 |
| 55746 | Northrim BanCorp, Inc. | 1309474 |
| 37620 | Third Coast Bancshares, Inc.<sup>(a)</sup> | 1490128 |
|  |  | 6334834 |
|  | **BEVERAGES - 1.2%** |  |
| 36594 | Celsius Holdings, Inc.<sup>(a)</sup> | 1961804 |
|  | **BIOTECH & PHARMA - 7.2%** |  |
| 64467 | Catalyst Pharmaceuticals, Inc.<sup>(a)</sup> | 1487898 |
| 129105 | CorMedix, Inc.<sup>(a),(b)</sup> | 920519 |
| 75753 | Innoviva, Inc.<sup>(a)</sup> | 1739289 |
| 9234 | Jazz Pharmaceuticals PLC<sup>(a)</sup> | 1754645 |
| 2736 | Madrigal Pharmaceuticals, Inc.<sup>(a)</sup> | 1181952 |
| 39672 | Royalty Pharma plc, Class A | 1833243 |
| 83106 | Theravance Biopharma, Inc.<sup>(a)</sup> | 1516685 |
| 3078 | United Therapeutics Corporation<sup>(a)</sup> | 1551004 |
|  |  | 11985235 |
|  | **CONSUMER SERVICES - 0.9%** |  |
| 15219 | Covista, Inc.<sup>(a)</sup> | 1491462 |

---

---

| | | |
|:---|:---|:---|
| **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 99.8% (Continued)** |  |
|  | **CONTAINERS & PACKAGING - 1.9%** |  |
| 14877 | Crown Holdings, Inc. | $1704904 |
| 36936 | Sealed Air Corporation | 1546880 |
|  |  | 3251784 |
|  | **ELECTRIC UTILITIES - 2.1%** |  |
| 47025 | Clearway Energy, Inc., Class C | 1801528 |
| 9918 | NRG Energy, Inc. | 1774925 |
|  |  | 3576453 |
|  | **ELECTRICAL EQUIPMENT - 2.0%** |  |
| 28044 | Allient, Inc. | 1846417 |
| 16074 | Itron, Inc.<sup>(a)</sup> | 1510152 |
|  |  | 3356569 |
|  | **ENGINEERING & CONSTRUCTION - 4.3%** |  |
| 2565 | EMCOR Group, Inc. | 1858650 |
| 207765 | IHS Holding Ltd.<sup>(a)</sup> | 1662120 |
| 123291 | Mistras Group, Inc.<sup>(a)</sup> | 1883886 |
| 12141 | Primoris Services Corporation | 1829892 |
|  |  | 7234548 |
|  | **ENTERTAINMENT CONTENT - 0.8%** |  |
| 11286 | NetEase, Inc. - ADR | 1297551 |
|  | **GAS & WATER UTILITIES - 0.9%** |  |
| 41553 | Consolidated Water Company Ltd. | 1572781 |
|  | **HEALTH CARE FACILITIES & SERVICES - 1.8%** |  |
| 14193 | Encompass Health Corporation | 1531140 |
| 71136 | Pediatrix Medical Group, Inc.<sup>(a)</sup> | 1412050 |
|  |  | 2943190 |
|  | **INDUSTRIAL INTERMEDIATE PRODUCTS - 2.0%** |  |
| 18639 | Strattec Security Corporation<sup>(a)</sup> | 1640232 |
| 3762 | Valmont Industries, Inc. | 1730257 |
|  |  | 3370489 |
|  | **INDUSTRIAL REIT - 1.0%** |  |
| 276507 | Industrial Logistics Properties Trust | 1620331 |

---

---

| | | |
|:---|:---|:---|
| **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 99.8% (Continued)** |  |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 2.0%** |  |
| 4446 | Evercore, Inc., Class A | $1373103 |
| 27480 | Interactive Brokers Group, Inc., Class A | 1956301 |
|  |  | 3329404 |
|  | **INSURANCE - 4.7%** |  |
| 54378 | Hamilton Insurance Group Ltd.<sup>(a)</sup> | 1717800 |
| 8208 | HCI Group, Inc. | 1448055 |
| 16416 | Mercury General Corporation | 1486961 |
| 5643 | RenaissanceRe Holdings Ltd. | 1706782 |
| 45315 | Universal Insurance Holdings, Inc. | 1593729 |
|  |  | 7953327 |
|  | **INTERNET MEDIA & SERVICES - 1.9%** |  |
| 55578 | EverQuote, Inc.<sup>(a)</sup> | 878132 |
| 63441 | HealthStream, Inc. | 1346853 |
| 74898 | Upwork, Inc.<sup>(a)</sup> | 1005131 |
|  |  | 3230116 |
|  | **LEISURE FACILITIES & SERVICES - 2.1%** |  |
| 56088 | Cracker Barrel Old Country Store, Inc.<sup>(b)</sup> | 1835199 |
| 31635 | Yum China Holdings, Inc. | 1737078 |
|  |  | 3572277 |
|  | **LEISURE PRODUCTS - 1.1%** |  |
| 127395 | Callaway Golf Company<sup>(a)</sup> | 1791174 |
|  | **MACHINERY - 3.2%** |  |
| 13680 | Federal Signal Corporation | 1592762 |
| 6327 | Lincoln Electric Holdings, Inc. | 1816165 |
| 39843 | Thermon Group Holdings, Inc.<sup>(a)</sup> | 2023228 |
|  |  | 5432155 |
|  | **MEDICAL EQUIPMENT & DEVICES - 0.7%** |  |
| 76608 | SI-BONE, Inc.<sup>(a)</sup> | 1188956 |
|  | **METALS & MINING - 5.6%** |  |
| 17784 | Anglogold Ashanti plc | 2272262 |
| 56601 | Contango ORE, Inc.<sup>(a)</sup> | 1701992 |
| 75240 | Harmony Gold Mining Company Ltd. - ADR | 1711710 |

---

---

| | | |
|:---|:---|:---|
| **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 99.8% (Continued)** |  |
|  | **METALS & MINING - 5.6% (Continued)** |  |
| 13509 | Kaiser Aluminum Corporation | $1758061 |
| 15390 | Newmont Corporation | 2000700 |
|  |  | 9444725 |
|  | **OIL & GAS PRODUCERS - 4.2%** |  |
| 28728 | MPLX, L.P. | 1693228 |
| 86355 | Plains All American Pipeline, L.P. | 1805683 |
| 9405 | Valero Energy Corporation | 1924639 |
| 38988 | Western Midstream Partners, L.P. | 1621511 |
|  |  | 7045061 |
|  | **OIL & GAS SERVICES & EQUIPMENT - 4.5%** |  |
| 104994 | National Energy Services Reunited Corporation<sup>(a)</sup> | 2630100 |
| 34884 | TechnipFMC plc | 2313158 |
| 389538 | Transocean Ltd.<sup>(a)</sup> | 2524206 |
|  |  | 7467464 |
|  | **RETAIL - CONSUMER STAPLES - 2.6%** |  |
| 16074 | BJ's Wholesale Club Holdings, Inc.<sup>(a)</sup> | 1587950 |
| 2736 | Casey's General Stores, Inc. | 1875775 |
| 116280 | OptimizeRx Corporation<sup>(a)</sup> | 881402 |
|  |  | 4345127 |
|  | **RETAIL - DISCRETIONARY - 5.6%** |  |
| 99351 | Driven Brands Holdings, Inc.<sup>(a)</sup> | 1092861 |
| 119358 | Envela Corporation<sup>(a)</sup> | 1606559 |
| 9576 | FirstCash Holdings, Inc. | 1846157 |
| 23256 | Freshpet, Inc.<sup>(a)</sup> | 1963969 |
| 61560 | Haverty Furniture Companies, Inc. | 1465744 |
| 54720 | National Vision Holdings, Inc.<sup>(a)</sup> | 1475798 |
|  |  | 9451088 |
|  | **SEMICONDUCTORS - 5.8%** |  |
| 38646 | Amkor Technology, Inc. | 1848052 |
| 12654 | Cirrus Logic, Inc.<sup>(a)</sup> | 1785732 |
| 9747 | MKS, Inc. | 2382751 |
| 45999 | Photronics, Inc.<sup>(a)</sup> | 1721743 |
| 189126 | United Microelectronics Corporation - ADR<sup>(b)</sup> | 1974476 |
|  |  | 9712754 |

---

---

| | | |
|:---|:---|:---|
| **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 99.8% (Continued)** |  |
|  | **SOFTWARE - 6.0%** |  |
| 74556 | Alignment Healthcare, Inc.<sup>(a)</sup> | $1432966 |
| 443061 | Clarivate plc<sup>(a)</sup> | 1019040 |
| 646380 | Definitive Healthcare Corporation<sup>(a)</sup> | 827366 |
| 34884 | Digi International, Inc.<sup>(a)</sup> | 1703038 |
| 36765 | GigaCloud Technology, Inc., Class A<sup>(a)</sup> | 1630161 |
| 144837 | Mitek Systems, Inc.<sup>(a)</sup> | 2111724 |
| 17442 | SS&C Technologies Holdings, Inc. | 1313208 |
|  |  | 10037503 |
|  | **SPECIALTY FINANCE - 2.2%** |  |
| 10773 | AerCap Holdings N.V. | 1609917 |
| 77805 | EZCORP, Inc., Class A<sup>(a)</sup> | 2064167 |
|  |  | 3674084 |
|  | **STEEL - 1.1%** |  |
| 4788 | Carpenter Technology Corporation | 1905959 |
|  | **TECHNOLOGY HARDWARE - 3.0%** |  |
| 4788 | InterDigital, Inc. | 1754945 |
| 38988 | NCR Atleos Corporation<sup>(a)</sup> | 1726389 |
| 55062 | NetScout Systems, Inc.<sup>(a)</sup> | 1608361 |
|  |  | 5089695 |
|  | **TECHNOLOGY SERVICES - 3.6%** |  |
| 2736 | CACI International, Inc., Class A<sup>(a)</sup> | 1669425 |
| 8208 | Jack Henry & Associates, Inc. | 1333472 |
| 17271 | MAXIMUS, Inc. | 1305860 |
| 105678 | StoneCompany Ltd.<sup>(a)</sup> | 1775391 |
|  |  | 6084148 |
|  | **TELECOMMUNICATIONS - 2.4%** |  |
| 92682 | Iridium Communications, Inc. | 2219734 |
| 39159 | Telephone and Data Systems, Inc. | 1752365 |
|  |  | 3972099 |
|  | **TRANSPORTATION & LOGISTICS - 1.1%** |  |
| 7866 | JB Hunt Transport Services, Inc. | 1836003 |
|  | **TOTAL COMMON STOCKS (Cost $149,851,958)** | 167368903 |

---

---

| | | |
|:---|:---|:---|
| **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** | **INSPIRE FIDELIS MULTI FACTOR ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COLLATERAL FOR SECURITIES LOANED – 2.5%** |  |
|  | **MONEY MARKET FUND - 2.5%** |  |
| 4180335 | Fidelity Investments Money Market Government Portfolio - Institutional Class, 3.59% **(Cost $4,180,335)** <sup>(c) d)</sup> | $4180335 |
|  | **TOTAL INVESTMENTS - 102.3% (Cost $154,032,293)** | $171549238 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - (2.3)%** | (3932385) |
|  | **NET ASSETS - 100.0%** | $167616853 |

---

---

| | |
|:---|:---|
| ADR | - American Depositary Receipt |
| LP | - Limited Partnership |
| LTD | - Limited Company |
| NV | - Naamioze Vennootschap |
| PLC | - Public Limited Company |
| REIT | - Real Estate Investment Trust |
| <sup>(a)</sup> | Non-income producing security. |
| <sup>(b)</sup> | All or a portion of the security is on loan. The total fair value of the securities on loan as of February 28, 2026 was $4,065,467. |
| <sup>(c)</sup> | Security was purchased with cash received as collateral for securities on loan at February 28, 2026. Total collateral had a value of $4,180,335 at February 28, 2026. |
| <sup>(d)</sup> | Rate disclosed is the seven day effective yield as of February 28, 2026. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Lights Fund Trust IV

- **b. Investment Company Act file number:** 811-23066

- **c. CIK number of Registrant:** 0001644419

- **d. LEI of Registrant:** 549300UIBIHXQ3PDEC28

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** Inspire Fidelis Multi Factor ETF

- **b. EDGAR series identifier (if any):** S000076870

- **c. LEI of Series:** 549300KU6QBTDFVU2R86

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $167696317.42

**Total Liabilities:** $79464.53

**Net Assets:** $167616852.89

**Cash Not Reported:** $229480.81

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237005 | -0.37%               | 4.87%                | 4.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5469796.46              | $-5947281.03                               |
| Month 2  | $0.00                    | $6184762.61                                |
| Month 3  | $0.00                    | $6748109.81                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Credicorp Ltd.                          | CREDICORP LTD                                 | CUSIP: G2519Y108<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |      5472 | NS      | $1895391.36   | 1.13%             |  |  |  | No            | 1                  | On Loan: No      |
| HealthStream Inc.                       | HEALTHSTREAM INC                              | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               | CORP              | US        |     63441 | NS      | $1346852.43   | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Valmont Industries, Inc.                | VALMONT INDS                                  | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      3762 | NS      | $1730256.66   | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Federal Signal Corp.                    | FED SIGNAL CORP                               | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |     13680 | NS      | $1592762.40   | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Innoviva Inc                            | INNOVIVA INC                                  | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |     75753 | NS      | $1739288.88   | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Royalty Pharma PLC                      | ROYALTY PHARMA-A                              | CUSIP: G7709Q104<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |     39672 | NS      | $1833243.12   | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| United Therapeutics Corporation         | UNITED THERAPEUT                              | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      3078 | NS      | $1551004.20   | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| NRG Energy, Inc.                        | NRG ENERGY                                    | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      9918 | NS      | $1774925.28   | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Evercore Inc.                           | EVERCORE INC                                  | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      4446 | NS      | $1373102.64   | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Yum China Holdings Inc.                 | YUM CHINA HO                                  | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |     31635 | NS      | $1737077.85   | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| National Energy Services Reunited Corp. | NATIONAL ENERGY                               | CUSIP: G6375R107<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |    104994 | NS      | $2630099.70   | 1.57%             |  |  |  | No            | 1                  | On Loan: No      |
| MKS Inc.                                | MKS INC                                       | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |      9747 | NS      | $2382751.62   | 1.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Itron, Inc.                             | ITRON INC                                     | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |     16074 | NS      | $1510152.30   | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Clarivate PLC                           | CLARIVATE PLC                                 | CUSIP: G21810109<br>LEI: 549300WDHIIODXFO0R55 | Long             | EC               | CORP              | JE        |    443061 | NS      | $1019040.30   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Cracker Barrel Old Country Store Inc.   | CRACKER BARREL                                | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |     56088 | NS      | $1835199.36   | 1.09%             |  |  |  | No            | 1                  | On Loan: —       |
| Amkor Technology, Inc.                  | AMKOR TECH INC                                | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               | CORP              | US        |     38646 | NS      | $1848051.72   | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| CACI International Inc.                 | CACI INTL-A                                   | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      2736 | NS      | $1669425.12   | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Harmony Gold Mining Co Ltd              | HARMONY GOLD-ADR                              | CUSIP: 413216300<br>LEI: 378900986D05F0C29811 | Long             | EC               | CORP              | ZA        |     75240 | NS      | $1711710.00   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| BJ Wholesale Club Holdings Inc          | BJ'S WHOLESALE C                              | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     16074 | NS      | $1587950.46   | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Third Coast Bancshares Inc.             | THIRD COAST BANC                              | CUSIP: 88422P109<br>LEI: 254900LW0YOTBYSQCK19 | Long             | EC               | CORP              | US        |     37620 | NS      | $1490128.20   | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Freshpet Inc                            | FRESHPET INC                                  | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |     23256 | NS      | $1963969.20   | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Photronics Inc.                         | PHOTRONICS INC                                | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |     45999 | NS      | $1721742.57   | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Emcor Group Inc                         | EMCOR GROUP INC                               | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      2565 | NS      | $1858650.30   | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Envela Corporation                      | ENVELA CORP                                   | CUSIP: 29402E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    119358 | NS      | $1606558.68   | 0.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Cirrus Logic, Inc.                      | CIRRUS LOGIC INC                              | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |     12654 | NS      | $1785732.48   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Universal Insurance Holdings Inc        | UNIVERSAL INSURA                              | CUSIP: 91359V107<br>LEI: 529900GGAZ6WVUCWQM46 | Long             | EC               | CORP              | US        |     45315 | NS      | $1593728.55   | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Alignment Healthcare Inc                | ALIGNMENT HEALTH                              | CUSIP: 01625V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74556 | NS      | $1432966.32   | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| CorMedix Inc.                           | CORMEDIX INC                                  | CUSIP: 21900C308<br>LEI: 5299006YIA3L0MBW8358 | Long             | EC               | CORP              | US        |    129105 | NS      | $920518.65    | 0.55%             |  |  |  | No            | 1                  | On Loan: —       |
| Lincoln Electric Holdings Inc.          | LINCOLN ELECTRIC                              | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      6327 | NS      | $1816165.35   | 1.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Firstcash Holdings Inc                  | FIRSTCASH HOLDIN                              | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9576 | NS      | $1846157.04   | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Casey'S General Stores Inc.             | CASEY'S GENERAL                               | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      2736 | NS      | $1875774.24   | 1.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Newmont Corporation                     | NEWMONT CORP                                  | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     15390 | NS      | $2000700.00   | 1.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Stoneco Ltd                             | STONECO LTD-A                                 | CUSIP: G85158106<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               | CORP              | KY        |    105678 | NS      | $1775390.40   | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| MPLX LP                                 | MPLX LP                                       | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |     28728 | NS      | $1693228.32   | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Covista Inc.                            | COVISTA INC                                   | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |     15219 | NS      | $1491462.00   | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Standard Motor Products, Inc.           | STANDARD MOTOR                                | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |     39159 | NS      | $1553829.12   | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Thermon Group Holdings Inc              | THERMON GROUP HO                              | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |     39843 | NS      | $2023227.54   | 1.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Madrigal Pharmaceuticals Inc            | MADRIGAL PHARMAC                              | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |      2736 | NS      | $1181952.00   | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Transocean Ltd                          | TRANSOCEAN LTD                                | CUSIP: H8817H100<br>LEI: 529900QO4W5DQGBGEF32 | Long             | EC               | CORP              | CH        |    389538 | NS      | $2524206.24   | 1.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Driven Brands Holdings Inc              | DRIVEN BRANDS HO                              | CUSIP: 26210V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     99351 | NS      | $1092861.00   | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| National Vision Holdings Inc            | NATIONAL VISION                               | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |     54720 | NS      | $1475798.40   | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Jazz Pharmaceuticals PLC                | JAZZ PHARMACEUTI                              | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |      9234 | NS      | $1754644.68   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Crown Holdings Inc                      | CROWN HOLDINGS I                              | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |     14877 | NS      | $1704904.20   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Henry Jack & Associates Inc.            | JACK HENRY                                    | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      8208 | NS      | $1333471.68   | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| HCI Group, Inc.                         | HCI GROUP INC                                 | CUSIP: 40416E103<br>LEI: 549300CZF7EZJH0MPH74 | Long             | EC               | CORP              | US        |      8208 | NS      | $1448055.36   | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| Contango Ore Inc                        | CONTANGO ORE INC                              | CUSIP: 21077F100<br>LEI: 254900PFYX4KDRISX581 | Long             | EC               | CORP              | US        |     56601 | NS      | $1701992.07   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Celsius Holdings Inc.                   | CELSIUS HOLDINGS                              | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36594 | NS      | $1961804.34   | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Western Midstream Partners LP           | WESTERN MIDSTREA                              | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38988 | NS      | $1621510.92   | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| XP Inc.                                 | XP INC - CLASS A                              | CUSIP: G98239109<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               | CORP              | KY        |     96957 | NS      | $2087484.21   | 1.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Catalyst Pharmaceuticals Inc.           | CATALYST PHARMAC                              | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |     64467 | NS      | $1487898.36   | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Kaiser Aluminium Corporation            | KAISER ALUMINUM                               | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13509 | NS      | $1758061.26   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Definitive Healthcare Corporation       | DEFINITIVE HEALT                              | CUSIP: 24477E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    646380 | NS      | $827366.40    | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Digi International Inc.                 | DIGI INTL INC                                 | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     34884 | NS      | $1703036.88   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Iridium Communications, Inc.            | IRIDIUM COMMUNIC                              | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |     92682 | NS      | $2219733.90   | 1.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Callaway Golf Co.                       | CALLAWAY GOLF CO                              | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |    127395 | NS      | $1791173.70   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Woodward Inc.                           | WOODWARD INC                                  | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |      5130 | NS      | $1984078.80   | 1.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Valero Energy Corp.                     | VALERO ENERGY                                 | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      9405 | NS      | $1924639.20   | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Encompass Health Corporation            | ENCOMPASS HEALTH                              | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     14193 | NS      | $1531140.84   | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Hamilton Insurance Group Ltd.           | HAMILTON INSUR-B                              | CUSIP: G42706104<br>LEI: 549300W92BN1FIEXG871 | Long             | EC               | CORP              | BM        |     54378 | NS      | $1717801.02   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| InterDigital, Inc.                      | INTERDIGITAL INC                              | CUSIP: 45867G101<br>LEI: 529900HQAUTC3VI47G64 | Long             | EC               | CORP              | US        |      4788 | NS      | $1754945.64   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Carpenter Technology Corporation        | CARPENTER TECH                                | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |      4788 | NS      | $1905959.16   | 1.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Mercury General Corporation             | MERCURY GEN CORP                              | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |     16416 | NS      | $1486961.28   | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| ATI Inc                                 | ATI INC                                       | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |     14022 | NS      | $2293858.98   | 1.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Interactive Brokers Group Inc           | INTERACTIVE BROK                              | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     27480 | NS      | $1956301.20   | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Maximus Inc                             | MAXIMUS INC                                   | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |     17271 | NS      | $1305860.31   | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Allient Inc                             | ALLIENT INC                                   | CUSIP: 019330109<br>LEI: 549300I2LHAWYGNBPM97 | Long             | EC               | CORP              | US        |     28044 | NS      | $1846416.96   | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Everquote Inc                           | EVERQUOTE INC-A                               | CUSIP: 30041R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55578 | NS      | $878132.40    | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| TechnipFMC PLC                          | TECHNIPFMC PLC                                | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |     34884 | NS      | $2313158.04   | 1.38%             |  |  |  | No            | 1                  | On Loan: No      |
| EZCORP Inc.                             | EZCORP INC-A                                  | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |     77805 | NS      | $2064166.65   | 1.23%             |  |  |  | No            | 1                  | On Loan: No      |
| United Microelectronics Corp.           | UNITED MICRO-ADR                              | CUSIP: 910873405<br>LEI: 391200YJCAGH9LF96P73 | Long             | EC               | CORP              | TW        |    189126 | NS      | $1974475.44   | 1.18%             |  |  |  | No            | 1                  | On Loan: —       |
| SI-BONE Inc.                            | SI-BONE INC                                   | CUSIP: 825704109<br>LEI: 549300J8JGYVJJHV9C31 | Long             | EC               | CORP              | US        |     76608 | NS      | $1188956.16   | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Primoris Services Corp.                 | PRIMORIS SERVICE                              | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     12141 | NS      | $1829891.52   | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Pediatrix Medical Group Inc             | PEDIATRIX MEDICA                              | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71136 | NS      | $1412049.60   | 0.84%             |  |  |  | No            | 1                  | On Loan: No      |
| J. B. Hunt Transport Services, Inc.     | HUNT (JB) TRANS                               | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      7866 | NS      | $1836003.06   | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Renaissancere Holdings Ltd.             | RENAISSANCERE                                 | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |      5643 | NS      | $1706781.78   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Upwork Inc                              | UPWORK INC                                    | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |     74898 | NS      | $1005131.16   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Northrim BanCorp Inc.                   | NORTHRIM BANCORP                              | CUSIP: 666762109<br>LEI: 5493006X7RLLTZ3SG075 | Long             | EC               | CORP              | US        |     55746 | NS      | $1309473.54   | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| NCR Atleos Corp.                        | NCR ATLEOS CORP                               | CUSIP: 63001N106<br>LEI: 9845005FC3S0VA714741 | Long             | EC               | CORP              | US        |     38988 | NS      | $1726388.64   | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Ihs Holding Limited                     | IHS HOLDING LTD                               | CUSIP: G4701H109<br>LEI: 213800CLGMKL63VKTD94 | Long             | EC               | CORP              | KY        |    207765 | NS      | $1662120.00   | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                     | FIDELITY COLCHESTER STR TR MONEY MKT GOV PORT | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Mitek Systems Inc.                      | MITEK SYSTEMS                                 | CUSIP: 606710200<br>LEI: 549300ABZAQ3R25XG118 | Long             | EC               | CORP              | US        |    144837 | NS      | $2111723.46   | 1.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Patria Investments Limited              | PATRIA INVESTM-A                              | CUSIP: G69451105<br>LEI: 254900MZMZN2NNVXYO82 | Long             | EC               | CORP              | KY        |     98325 | NS      | $1290024.00   | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| AerCap Holdings N.V.                    | AERCAP HOLDINGS                               | CUSIP: N00985106<br>LEI: 549300SZYINBBLJQU475 | Long             | EC               | CORP              | NL        |     10773 | NS      | $1609917.12   | 0.96%             |  |  |  | No            | 1                  | On Loan: No      |
| GigaCloud Technology Inc.               | GIGACLOUD TECH-A                              | CUSIP: G38644103<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     36765 | NS      | $1630160.10   | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Federated Hermes Inc                    | FEDERATED HERMES                              | CUSIP: 314211103<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | EC               | CORP              | US        |     28557 | NS      | $1599477.57   | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Theravance Biopharma Inc                | THERAVANCE B                                  | CUSIP: G8807B106<br>LEI: 5493007VTSXP4Z6MIW52 | Long             | EC               | CORP              | KY        |     83106 | NS      | $1516684.50   | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Telephone and Data Systems Inc.         | TELEPHONE & DATA                              | CUSIP: 879433829<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EC               | CORP              | US        |     39159 | NS      | $1752365.25   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Inter & Co Inc.                         | INTER & CO INC                                | CUSIP: G4R20B107<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    188271 | NS      | $1639840.41   | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Industrial Logistics Properties Trust   | INDUSTRIAL LOGIS                              | CUSIP: 456237106<br>LEI: 5493004XH9PJW009HR47 | Long             | EC               | CORP              | US        |    276507 | NS      | $1620331.02   | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Clearway Energy Inc                     | CLEARWAY ENERG-C                              | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     47025 | NS      | $1801527.75   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Sealed Air Corp.                        | SEALED AIR CORP                               | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |     36936 | NS      | $1546879.68   | 0.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Strattec Security Corp.                 | STRATTEC SEC                                  | CUSIP: 863111100<br>LEI: 549300Z394OP8S8TSR40 | Long             | EC               | CORP              | US        |     18639 | NS      | $1640232.00   | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| NETSCOUT Systems Inc.                   | NETSCOUT SYSTEMS                              | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |     55062 | NS      | $1608361.02   | 0.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Consd Water Co                          | CONS WATER CO-OR                              | CUSIP: G23773107<br>LEI: 5299001BMEW8X9VIJA73 | Long             | EC               | CORP              | KY        |     41553 | NS      | $1572781.05   | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| OptimizeRx Corp.                        | OPTIMIZERX CORP                               | CUSIP: 68401U204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    116280 | NS      | $881402.40    | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| SS&C Technologies Holdings Inc.         | SS&C TECHNOLOGIE                              | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     17442 | NS      | $1313208.18   | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Plains All American Pipeline L.P.       | PLAINS ALL AMER                               | CUSIP: 726503105<br>LEI: 5521FA2ITF25TVH63740 | Long             | EC               | CORP              | US        |     86355 | NS      | $1805683.05   | 1.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Mistras Group Inc                       | MISTRAS GROUP IN                              | CUSIP: 60649T107<br>LEI: 5493000CMNXVLND3FU73 | Long             | EC               | CORP              | US        |    123291 | NS      | $1883886.48   | 1.12%             |  |  |  | No            | 1                  | On Loan: No      |
| NetEase Inc.                            | NETEASE INC-ADR                               | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |     11286 | NS      | $1297551.42   | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Haverty Furniture Cos Inc               | HAVERTY FURNITUR                              | CUSIP: 419596101<br>LEI: 529900CVFMMIRXZVPD70 | Long             | EC               | CORP              | US        |     61560 | NS      | $1465743.60   | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Anglogold Ashanti PLC                   | ANGLOGOLD ASHANT                              | CUSIP: G0378L100<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |     17784 | NS      | $2272261.68   | 1.36%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** Northern Lights Fund Trust IV

**Signature:** Sam Singh

**Name of Signer:** Sam Singh

**Title:** Treasurer