# EDGAR Filing Document

**Accession Number:** 0001707560
**File Stem:** 0001707560-26-000073
**Filing Date:** 2026-5
**Character Count:** 196827
**Document Hash:** 05d6579bc733c671a05fd1edc4ca1b2d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001707560-26-000073.hdr.sgml**: 20260522

**ACCESSION NUMBER**: 0001707560-26-000073

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260522

**DATE AS OF CHANGE**: 20260522

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Adviser Series
- **CENTRAL INDEX KEY:** 0001707560

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23259
- **FILM NUMBER:** 261011178

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 1-800-341-7400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Adviser Series
- **DATE OF NAME CHANGE:** 20200616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Hermes Adviser Series
- **DATE OF NAME CHANGE:** 20200615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Adviser Series
- **DATE OF NAME CHANGE:** 20180820

## Series and Classes Contracts Data

### Federated Hermes MDT Market Neutral Fund (Series ID: S000072284)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000228383 | Institutional Shares | QQMNX           |
| C000228384 | Class A Shares       | QAMNX           |

## Nport-Ex

Federated Hermes MDT Market Neutral Fund

Portfolio of Investments

March 31, 2026 (unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—84.2% |  |
|  | **Communication Services—4.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33793 | Alphabet, Inc., Class A | &nbsp;&nbsp; $9717515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 176576<br><sup>1,2</sup> <br>| CarGurus, Inc. | &nbsp;&nbsp; 6012413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 251922<br><sup>1</sup> <br>| Fox Corp. | &nbsp;&nbsp; 14712245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4771<br><sup>1,2</sup> <br>| Live Nation Entertainment, Inc. | &nbsp;&nbsp; 727625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8799 | Meta Platforms, Inc. | &nbsp;&nbsp; 5034172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 273959<br><sup>2</sup> <br>| Pinterest, Inc. | &nbsp;&nbsp; 5024408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105879<br><sup>2</sup> <br>| Reddit, Inc. | &nbsp;&nbsp; 14256607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52671 | Sirius XM Radio LLC | &nbsp;&nbsp; 1215647 |
| &nbsp;&nbsp;&nbsp; 1334066<br><sup>1,2</sup> <br>| Trade Desk, Inc./The | &nbsp;&nbsp; 30269957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 109709<br><sup>2</sup> <br>| TripAdvisor, Inc. | &nbsp;&nbsp; 1169498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 233307<br><sup>1,2</sup> <br>| ZoomInfo Technologies, Inc. | &nbsp;&nbsp; 1395176 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89535263 |
|  | **Consumer Discretionary—12.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 666731<br><sup>1</sup> <br>| Advance Auto Parts, Inc. | &nbsp;&nbsp; 35170060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1932 | Booking Holdings, Inc. | &nbsp;&nbsp; 8134338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 224962<br><sup>2</sup> <br>| Capri Holdings Ltd. | &nbsp;&nbsp; 3963830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250738<br><sup>1,2</sup> <br>| Deckers Outdoor Corp. | &nbsp;&nbsp; 25096366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1575 | Domino's Pizza, Inc. | &nbsp;&nbsp; 565094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 149225<br><sup>2</sup> <br>| Duolingo, Inc. | &nbsp;&nbsp; 14709108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10187<br><sup>1,2</sup> <br>| Expedia Group, Inc. | &nbsp;&nbsp; 2352076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 190174<br><sup>1,2</sup> <br>| Five Below, Inc. | &nbsp;&nbsp; 43450956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 192611<br><sup>1</sup> <br>| General Motors Co. | &nbsp;&nbsp; 14349520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121728<br><sup>1,2</sup> <br>| Life Time Group Holdings, Inc. | &nbsp;&nbsp; 3279352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 303647<br><sup>1,2</sup> <br>| Lululemon Athletica, Inc. | &nbsp;&nbsp; 46488356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37346<br><sup>2</sup> <br>| On Holding AG | &nbsp;&nbsp; 1270511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8363<br><sup>2</sup> <br>| O'Reilly Automotive, Inc. | &nbsp;&nbsp; 771989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63783 | Polaris, Inc., Class A | &nbsp;&nbsp; 3476174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14277<br><sup>1</sup> <br>| PVH Corp. | &nbsp;&nbsp; 995964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18498 | Restaurant Brands International, Inc. | &nbsp;&nbsp; 1367002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69866<br><sup>1,2</sup> <br>| Revolve Group, Inc. | &nbsp;&nbsp; 1579670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33162<br><sup>1,2</sup> <br>| SharkNinja, Inc. | &nbsp;&nbsp; 3511856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23913 | Steven Madden Ltd. | &nbsp;&nbsp; 811129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9161 | Tapestry, Inc. | &nbsp;&nbsp; 1292709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20332<br><sup>1,2</sup> <br>| Ulta Beauty, Inc. | &nbsp;&nbsp; 10627740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 187580<br><sup>1,2</sup> <br>| Under Armour, Inc., Class A | &nbsp;&nbsp; 1108598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 421391<br><sup>1</sup> <br>| V.F. Corp. | &nbsp;&nbsp; 7159433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 677019<br><sup>1,2</sup> <br>| Viking Holdings Ltd. | &nbsp;&nbsp; 49747356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23360<br><sup>2</sup> <br>| Wayfair, Inc. | &nbsp;&nbsp; 1756906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15451 | Yum! Brands, Inc. | &nbsp;&nbsp; 2402321 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 285438414 |
|  | **Consumer Staples—4.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104646<br><sup>2</sup> <br>| Bellring Brands, Inc. | &nbsp;&nbsp; 1683754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29932 | Costco Wholesale Corp. | &nbsp;&nbsp; 29825143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 208745<br><sup>1,2</sup> <br>| Dollar Tree, Inc. | &nbsp;&nbsp; 22859665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 253517<br><sup>1</sup> <br>| Estee Lauder Cos., Inc., Class A | &nbsp;&nbsp; 18194915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 390738<br><sup>1,2</sup> <br>| Maplebear, Inc. | &nbsp;&nbsp; 14637045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9352<br><sup>1</sup> <br>| Philip Morris International, Inc. | &nbsp;&nbsp; 1546260 |

---

**1**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Consumer Staples—continued** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8336<br><sup>2</sup> <br>| Post Holdings, Inc. | &nbsp;&nbsp; $824097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11873<br><sup>1</sup> <br>| Spectrum Brands Holdings, Inc. | &nbsp;&nbsp; 875040 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90445919 |
|  | **Energy—3.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26734<br><sup>2</sup> <br>| Antero Resources Corp. | &nbsp;&nbsp; 1134591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46250<br><sup>1</sup> <br>| Cheniere Energy, Inc. | &nbsp;&nbsp; 13123900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77614<br><sup>1</sup> <br>| EOG Resources, Inc. | &nbsp;&nbsp; 11220656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91313 | Halliburton Co. | &nbsp;&nbsp; 3560294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74661 | Murphy Oil Corp. | &nbsp;&nbsp; 3079766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20867 | Occidental Petroleum Corp. | &nbsp;&nbsp; 1356355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32759<br><sup>1,2</sup> <br>| Oceaneering International, Inc. | &nbsp;&nbsp; 1161962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 203279<br><sup>1</sup> <br>| PBF Energy, Inc. | &nbsp;&nbsp; 9680146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18167 | Phillips 66 | &nbsp;&nbsp; 3309664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50828<br><sup>2</sup> <br>| Seadrill Ltd. | &nbsp;&nbsp; 2312674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13785 | Targa Resources, Inc. | &nbsp;&nbsp; 3456313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105798<br><sup>1,2</sup> <br>| Tidewater, Inc. | &nbsp;&nbsp; 8839423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24604<br><sup>1</sup> <br>| Weatherford International PLC | &nbsp;&nbsp; 2327046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78652 | Williams Cos., Inc. | &nbsp;&nbsp; 5724293 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70287083 |
|  | **Financials—14.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26237 | Allstate Corp. | &nbsp;&nbsp; 5439979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25884<br><sup>1</sup> <br>| Ameriprise Financial, Inc. | &nbsp;&nbsp; 11502850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21366<br><sup>2</sup> <br>| Arch Capital Group Ltd. | &nbsp;&nbsp; 2050922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3543 | Assurant, Inc. | &nbsp;&nbsp; 771701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 307716<br><sup>1</sup> <br>| Bank of New York Mellon Corp. | &nbsp;&nbsp; 36504349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 394304 | Charles Schwab Corp. | &nbsp;&nbsp; 37056690 |
| &nbsp;&nbsp;&nbsp; 1040178<br><sup>1,2</sup> <br>| Fiserv, Inc. | &nbsp;&nbsp; 58041932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5191 | Globe Life, Inc. | &nbsp;&nbsp; 722431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4810 | Goldman Sachs Group, Inc. | &nbsp;&nbsp; 4069212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68751<br><sup>1</sup> <br>| Interactive Brokers Group, Inc., Class A | &nbsp;&nbsp; 4611129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169344<br><sup>1</sup> <br>| Jackson Financial, Inc. | &nbsp;&nbsp; 17903048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 139023<br><sup>1,2</sup> <br>| LendingClub Corp. | &nbsp;&nbsp; 1990809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20841<br><sup>1,2</sup> <br>| LendingTree, Inc. | &nbsp;&nbsp; 893662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37314<br><sup>1</sup> <br>| Live Oak Bancshares, Inc. | &nbsp;&nbsp; 1233974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85384<br><sup>1</sup> <br>| Morgan Stanley | &nbsp;&nbsp; 14051645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85804<br><sup>1</sup> <br>| Northern Trust Corp. | &nbsp;&nbsp; 11975664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15099<br><sup>1</sup> <br>| Principal Financial Group, Inc. | &nbsp;&nbsp; 1360571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27681<br><sup>1</sup> <br>| PROG Holdings, Inc. | &nbsp;&nbsp; 794168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19128<br><sup>1</sup> <br>| Progressive Corp., OH | &nbsp;&nbsp; 3791935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118948<br><sup>1</sup> <br>| Prudential Financial, Inc. | &nbsp;&nbsp; 11620030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 167080<br><sup>1</sup> <br>| State Street Corp. | &nbsp;&nbsp; 21145645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 251855<br><sup>1,2</sup> <br>| StoneCo Ltd. | &nbsp;&nbsp; 3556193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 87445<br><sup>1</sup> <br>| Synchrony Financial | &nbsp;&nbsp; 5948009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 192715<br><sup>1</sup> <br>| The Travelers Cos., Inc. | &nbsp;&nbsp; 56211111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40311<br><sup>2</sup> <br>| Toast, Inc. | &nbsp;&nbsp; 1068645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6521<br><sup>2</sup> <br>| WEX, Inc. | &nbsp;&nbsp; 997974 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 315314278 |
|  | **Health Care—12.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 175484<br><sup>1</sup> <br>| AbbVie, Inc. | &nbsp;&nbsp; 38166015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114143<br><sup>1,2</sup> <br>| Align Technology, Inc. | &nbsp;&nbsp; 19567534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27832<br><sup>1,2</sup> <br>| Alnylam Pharmaceuticals, Inc. | &nbsp;&nbsp; 9208774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6456 | Amgen, Inc. | &nbsp;&nbsp; 2271544 |

---

**2**

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| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Health Care—continued** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65209 | Baxter International, Inc. | &nbsp;&nbsp; $1095511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8333<br><sup>1,2</sup> <br>| Biogen, Inc. | &nbsp;&nbsp; 1527689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94176<br><sup>2</sup> <br>| BioMarin Pharmaceutical, Inc. | &nbsp;&nbsp; 5320002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 87249<br><sup>2</sup> <br>| Bridgebio Pharma, Inc. | &nbsp;&nbsp; 6479111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39495<br><sup>1</sup> <br>| Cardinal Health, Inc. | &nbsp;&nbsp; 8345688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4721<br><sup>1</sup> <br>| Cencora, Inc. | &nbsp;&nbsp; 1483055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38637<br><sup>1,2</sup> <br>| Charles River Laboratories International, Inc. | &nbsp;&nbsp; 6664882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195181<br><sup>1,2</sup> <br>| Community Health Systems, Inc. | &nbsp;&nbsp; 573832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54756 | Dentsply Sirona, Inc. | &nbsp;&nbsp; 635170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101896<br><sup>1,2</sup> <br>| Dexcom, Inc. | &nbsp;&nbsp; 6399069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 149231<br><sup>1,2</sup> <br>| Elanco Animal Health, Inc. | &nbsp;&nbsp; 3571098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46479<br><sup>1,2</sup> <br>| Fulgent Genetics, Inc. | &nbsp;&nbsp; 739016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58655<br><sup>2</sup> <br>| Guardant Health, Inc. | &nbsp;&nbsp; 5417962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56624<br><sup>2</sup> <br>| Halozyme Therapeutics, Inc. | &nbsp;&nbsp; 3659609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62307<br><sup>1</sup> <br>| Humana, Inc. | &nbsp;&nbsp; 10803411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43219<br><sup>1,2</sup> <br>| Illumina, Inc. | &nbsp;&nbsp; 5327174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48023<br><sup>1,2</sup> <br>| Incyte Genomics, Inc. | &nbsp;&nbsp; 4519925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23077<br><sup>1,2</sup> <br>| Insulet Corp. | &nbsp;&nbsp; 4842478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 777374<br><sup>1,2</sup> <br>| Moderna, Inc. | &nbsp;&nbsp; 39490599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 161250<br><sup>1,2</sup> <br>| NeoGenomics, Inc. | &nbsp;&nbsp; 1196475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52286<br><sup>1,2</sup> <br>| Omnicell, Inc. | &nbsp;&nbsp; 1745307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40465<br><sup>1</sup> <br>| Regeneron Pharmaceuticals, Inc. | &nbsp;&nbsp; 31264878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114447<br><sup>2</sup> <br>| Sarepta Therapeutics, Inc. | &nbsp;&nbsp; 2490367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 117694<br><sup>1,2</sup> <br>| Teladoc Health, Inc. | &nbsp;&nbsp; 641432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 216453<br><sup>1</sup> <br>| UnitedHealth Group, Inc. | &nbsp;&nbsp; 58570017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41680<br><sup>2</sup> <br>| Veeva Systems, Inc. | &nbsp;&nbsp; 7321509 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 289339133 |
|  | **Industrials—10.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33645<br><sup>1</sup> <br>| Allison Transmission Holdings, Inc. | &nbsp;&nbsp; 3938484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61941<br><sup>2</sup> <br>| APi Group Corp. | &nbsp;&nbsp; 2509849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17485<br><sup>1</sup> <br>| Apogee Enterprises, Inc. | &nbsp;&nbsp; 586447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39645<br><sup>1,2</sup> <br>| Astronics Corp. | &nbsp;&nbsp; 2645511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33483 | Atmus Filtration Technologies, Inc. | &nbsp;&nbsp; 1900830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6949 | Automatic Data Processing, Inc. | &nbsp;&nbsp; 1411898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22514<br><sup>1,2</sup> <br>| BlueLinx Holdings, Inc. | &nbsp;&nbsp; 1219808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57319 | Booz Allen Hamilton Holding Corp. | &nbsp;&nbsp; 4472602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 222716<br><sup>2</sup> <br>| Copart, Inc. | &nbsp;&nbsp; 7394171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86287 | Delta Air Lines, Inc. | &nbsp;&nbsp; 5736360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12397<br><sup>1,2</sup> <br>| DXP Enterprises, Inc. | &nbsp;&nbsp; 1732233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9158<br><sup>1</sup> <br>| Emerson Electric Co. | &nbsp;&nbsp; 1199881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83338<br><sup>1</sup> <br>| GE Aerospace | &nbsp;&nbsp; 23648824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68787<br><sup>1</sup> <br>| GE Vernova, Inc. | &nbsp;&nbsp; 60044172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13590<br><sup>1,2</sup> <br>| Generac Holdings, Inc. | &nbsp;&nbsp; 2654535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5545 | General Dynamics Corp. | &nbsp;&nbsp; 1903155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18691 | Johnson Controls International PLC | &nbsp;&nbsp; 2447586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16445 | Leidos Holdings, Inc. | &nbsp;&nbsp; 2557526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28293<br><sup>1</sup> <br>| Masco Corp. | &nbsp;&nbsp; 1708048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50370<br><sup>1</sup> <br>| Paycom Software, Inc. | &nbsp;&nbsp; 6121970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69946<br><sup>1</sup> <br>| Pitney Bowes, Inc. | &nbsp;&nbsp; 772903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30228<br><sup>1,2</sup> <br>| Proto Labs, Inc. | &nbsp;&nbsp; 1723601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25748 | Robert Half, Inc. | &nbsp;&nbsp; 653999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41991<br><sup>1,2</sup> <br>| SkyWest, Inc. | &nbsp;&nbsp; 3856034 |

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**3**

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| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Industrials—continued** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137918 | Southwest Airlines Co. | &nbsp;&nbsp; $5181579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40404 | Stanley Black & Decker, Inc. | &nbsp;&nbsp; 2871108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12509<br><sup>1</sup> <br>| Trane Technologies PLC | &nbsp;&nbsp; 5213001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3647<br><sup>1,2</sup> <br>| TransDigm, Inc. | &nbsp;&nbsp; 4226727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17622<br><sup>2</sup> <br>| Trex Co., Inc. | &nbsp;&nbsp; 641793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 322974<br><sup>1,2</sup> <br>| Uber Technologies, Inc. | &nbsp;&nbsp; 23231520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 180866<br><sup>1,2</sup> <br>| United Airlines Holdings, Inc. | &nbsp;&nbsp; 16652333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 222088<br><sup>1</sup> <br>| Veralto Corp. | &nbsp;&nbsp; 19637021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70522 | Vertiv Holdings Co. | &nbsp;&nbsp; 17671403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4856 | Xylem, Inc. | &nbsp;&nbsp; 580292 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 238747204 |
|  | **Information Technology—17.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 184710 | Accenture PLC | &nbsp;&nbsp; 36626146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 87764<br><sup>1,2</sup> <br>| Adobe, Inc. | &nbsp;&nbsp; 21333673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141497 | Amkor Technology, Inc. | &nbsp;&nbsp; 6371610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11453 | Analog Devices, Inc. | &nbsp;&nbsp; 3643657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31140<br><sup>2</sup> <br>| Arista Networks, Inc. | &nbsp;&nbsp; 3823369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 316379<br><sup>2</sup> <br>| Atlassian Corp. PLC | &nbsp;&nbsp; 21592867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39828<br><sup>2</sup> <br>| Axcelis Technologies, Inc. | &nbsp;&nbsp; 3707190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18644<br><sup>2</sup> <br>| Bill.Com Holdings, Inc. | &nbsp;&nbsp; 714065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9958 | Broadcom, Inc. | &nbsp;&nbsp; 3082101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23918<br><sup>1</sup> <br>| Clear Secure, Inc. | &nbsp;&nbsp; 1157870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8556<br><sup>2</sup> <br>| Crowdstrike Holdings, Inc. | &nbsp;&nbsp; 3340348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65806<br><sup>1</sup> <br>| Dell Technologies, Inc. | &nbsp;&nbsp; 10800739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40226<br><sup>2</sup> <br>| Dynatrace Holdings LLC | &nbsp;&nbsp; 1487557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 391730<br><sup>1,2</sup> <br>| Enphase Energy, Inc. | &nbsp;&nbsp; 14811311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23587<br><sup>1,2</sup> <br>| EPAM Systems, Inc. | &nbsp;&nbsp; 3193680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38588<br><sup>2</sup> <br>| Everpure, Inc. | &nbsp;&nbsp; 2278236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 171678<br><sup>1,2</sup> <br>| Fortinet, Inc. | &nbsp;&nbsp; 14029526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 155661<br><sup>2</sup> <br>| Gartner, Inc., Class A | &nbsp;&nbsp; 24647363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69225<br><sup>1,2</sup> <br>| GoDaddy, Inc. | &nbsp;&nbsp; 5722831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17633<br><sup>1,2</sup> <br>| HubSpot, Inc. | &nbsp;&nbsp; 4304215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61022 | Intuit, Inc. | &nbsp;&nbsp; 26384692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32758<br><sup>2</sup> <br>| Life360, Inc. | &nbsp;&nbsp; 1337182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53456<br><sup>1,2</sup> <br>| LiveRamp Holdings, Inc. | &nbsp;&nbsp; 1417653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 149034<br><sup>1</sup> <br>| Microchip Technology, Inc. | &nbsp;&nbsp; 9629087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3485 | Micron Technology, Inc. | &nbsp;&nbsp; 1177372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2933 | Microsoft Corp. | &nbsp;&nbsp; 1085709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84750<br><sup>1</sup> <br>| NetApp, Inc. | &nbsp;&nbsp; 8677552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14324 | NVIDIA Corp. | &nbsp;&nbsp; 2498106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14318<br><sup>2</sup> <br>| Okta, Inc. | &nbsp;&nbsp; 1126970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99467<br><sup>1,2</sup> <br>| ON Semiconductor Corp. | &nbsp;&nbsp; 6158997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6444<br><sup>2</sup> <br>| Onto Innovation, Inc. | &nbsp;&nbsp; 1321471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 198580<br><sup>1,2</sup> <br>| Palantir Technologies, Inc. | &nbsp;&nbsp; 29048282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137964<br><sup>1</sup> <br>| Pegasystems, Inc. | &nbsp;&nbsp; 5871748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16392<br><sup>1,2</sup> <br>| Procore Technologies, Inc. | &nbsp;&nbsp; 934344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60815<br><sup>1,2</sup> <br>| Q2 Holdings, Inc. | &nbsp;&nbsp; 2876550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6610<br><sup>1</sup> <br>| Qualcomm, Inc. | &nbsp;&nbsp; 851236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8306<br><sup>1,2</sup> <br>| Qualys, Inc. | &nbsp;&nbsp; 729682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26054<br><sup>1,2</sup> <br>| RingCentral, Inc. | &nbsp;&nbsp; 968948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 135039<br><sup>1</sup> <br>| Salesforce, Inc. | &nbsp;&nbsp; 25207730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88870<br><sup>1</sup> <br>| Skyworks Solutions, Inc. | &nbsp;&nbsp; 4758989 |

---

**4**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Information Technology—continued** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19675<br><sup>1,2</sup> <br>| Synaptics, Inc. | &nbsp;&nbsp; $1378037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19659 | TD SYNNEX Corp. | &nbsp;&nbsp; 3316670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152020<br><sup>1</sup> <br>| Teradyne, Inc. | &nbsp;&nbsp; 45067849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9374<br><sup>2</sup> <br>| Tyler Technologies, Inc. | &nbsp;&nbsp; 3209470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98260<br><sup>2</sup> <br>| UiPath, Inc. | &nbsp;&nbsp; 1090686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120237<br><sup>2</sup> <br>| Workday, Inc. | &nbsp;&nbsp; 15621191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47882<br><sup>1,2</sup> <br>| Zoom Communications, Inc. | &nbsp;&nbsp; 3849234 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 392263791 |
|  | **Materials—3.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32097 | Albemarle Corp. | &nbsp;&nbsp; 5762374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150352 | Alcoa Corp. | &nbsp;&nbsp; 9972848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 551845<br><sup>1</sup> <br>| Celanese Corp. | &nbsp;&nbsp; 36294846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28865 | Corteva, Inc. | &nbsp;&nbsp; 2416289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43089<br><sup>1</sup> <br>| FMC Corp. | &nbsp;&nbsp; 741993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70135 | Freeport-McMoRan, Inc. | &nbsp;&nbsp; 4122535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 164810<br><sup>1</sup> <br>| Mosaic Co./The | &nbsp;&nbsp; 4202655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 153210<br><sup>1</sup> <br>| Newmont Corp. | &nbsp;&nbsp; 16584982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14685 | Nucor Corp. | &nbsp;&nbsp; 2483234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14011<br><sup>1</sup> <br>| Steel Dynamics, Inc. | &nbsp;&nbsp; 2521980 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85103736 |
|  | **Real Estate—1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 190875 | American Healthcare REIT, Inc. | &nbsp;&nbsp; 9001665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15495<br><sup>2</sup> <br>| CBRE Group, Inc. | &nbsp;&nbsp; 2098953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22007 | Crown Castle, Inc. | &nbsp;&nbsp; 1789389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 185987<br><sup>1</sup> <br>| Kilroy Realty Corp. | &nbsp;&nbsp; 5246693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 87862<br><sup>1</sup> <br>| SL Green Realty Corp. | &nbsp;&nbsp; 3245622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72073<br><sup>1</sup> <br>| Vornado Realty Trust LP | &nbsp;&nbsp; 1873177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34222<br><sup>1</sup> <br>| Welltower, Inc. | &nbsp;&nbsp; 6766032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44244<br><sup>1,2</sup> <br>| Zillow Group, Inc. | &nbsp;&nbsp; 1831259 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31852790 |
|  | **Utilities—0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15812 | Duke Energy Corp. | &nbsp;&nbsp; 2070423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60657 | Exelon Corp. | &nbsp;&nbsp; 2973406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19735 | Vistra Corp. | &nbsp;&nbsp; 2966763 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8010592 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL COMMON STOCKS <br>(IDENTIFIED COST $1,634,703,128)<br>| &nbsp;&nbsp; 1896338203 |
|  | INVESTMENT COMPANY—9.9% |  |
| 223362631 | Federated Hermes Government Obligations Fund, Premier Shares, 3.58%<sup>3</sup> <br>(IDENTIFIED COST $223,362,631)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 223362631 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL INVESTMENT IN SECURITIES—94.1% <br>(IDENTIFIED COST $1,858,065,759)<br>| &nbsp;&nbsp; 2119700834 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; OTHER ASSETS AND LIABILITIES - NET—5.9%<sup>4</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 133483425 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; NET ASSETS—100% | &nbsp;&nbsp; $2253184259 |

---

**SECURITIES SOLD SHORT—(77.9)%** 

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | **Communication Services—(3.8)%** |  |
| 18282<br><sup>2</sup> <br>| AST SpaceMobile, Inc. | &nbsp;&nbsp; $1515029 |
| &nbsp;&nbsp; 9316 | ATN International, Inc. | &nbsp;&nbsp; 253581 |
| 30551<br><sup>2</sup> <br>| Charter Communications, Inc. | &nbsp;&nbsp; 6595350 |
| 78728 | Comcast Corp., Class A | &nbsp;&nbsp; 2260281 |

---

**5**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | **Communication Services—continued** |  |
| &nbsp;&nbsp; 36194<br><sup>2</sup> <br>| E.W. Scripps Co. | &nbsp;&nbsp; $134642 |
| 192063<br><sup>2</sup> <br>| Magnite, Inc. | &nbsp;&nbsp; 2281708 |
| 195384<br><sup>2</sup> <br>| Netflix, Inc. | &nbsp;&nbsp; 18786172 |
| 102330<br><sup>2</sup> <br>| ROBLOX Corp. | &nbsp;&nbsp; 5787785 |
| &nbsp;&nbsp; 42787 | Sinclair, Inc. | &nbsp;&nbsp; 553664 |
| &nbsp;&nbsp; 35745<br><sup>2</sup> <br>| Spotify Technology S.A. | &nbsp;&nbsp; 17333108 |
| &nbsp;&nbsp; 13510<br><sup>2</sup> <br>| Take-Two Interactive Software, Inc. | &nbsp;&nbsp; 2668225 |
| &nbsp;&nbsp; 81088 | TKO Group Holdings, Inc. | &nbsp;&nbsp; 16351395 |
| &nbsp;&nbsp; 52151 | T-Mobile USA, Inc. | &nbsp;&nbsp; 10953274 |
| &nbsp;&nbsp;&nbsp; 9326 | Walt Disney Co. | &nbsp;&nbsp; 898840 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86373054 |
|  | **Consumer Discretionary—(12.8)%** |  |
| &nbsp;&nbsp; 56278<br><sup>2</sup> <br>| Amazon.com, Inc. | &nbsp;&nbsp; 11721019 |
| 565338<br><sup>2</sup> <br>| Caesars Entertainment, Inc. | &nbsp;&nbsp; 14941883 |
| &nbsp;&nbsp; 90988<br><sup>2</sup> <br>| CarMax, Inc. | &nbsp;&nbsp; 3783281 |
| &nbsp;&nbsp; 20154<br><sup>2</sup> <br>| Carvana Co. | &nbsp;&nbsp; 6336015 |
| 362555<br><sup>2</sup> <br>| Cava Group, Inc. | &nbsp;&nbsp; 29330699 |
| 204265<br><sup>2</sup> <br>| Chipotle Mexican Grill, Inc. | &nbsp;&nbsp; 6538523 |
| &nbsp;&nbsp; 44554 | Churchill Downs, Inc. | &nbsp;&nbsp; 4002286 |
| 138404 | D. R. Horton, Inc. | &nbsp;&nbsp; 18991797 |
| &nbsp;&nbsp; 63339<br><sup>2</sup> <br>| Dave & Buster's Entertainment, Inc. | &nbsp;&nbsp; 685961 |
| &nbsp;&nbsp; 19296<br><sup>2</sup> <br>| DoorDash, Inc. | &nbsp;&nbsp; 2897294 |
| 485184<br><sup>2</sup> <br>| DraftKings, Inc. | &nbsp;&nbsp; 10489678 |
| 182412<br><sup>2</sup> <br>| Driven Brands Holdings, Inc. | &nbsp;&nbsp; 2300215 |
| &nbsp;&nbsp; 43390<br><sup>2</sup> <br>| Floor & Decor Holdings, Inc. | &nbsp;&nbsp; 2204212 |
| 358627 | Flutter Entertainment PLC | &nbsp;&nbsp; 36562023 |
| &nbsp;&nbsp; 25044<br><sup>2</sup> <br>| Fox Factory Holding Corp. | &nbsp;&nbsp; 412224 |
| 240805<br><sup>2</sup> <br>| GameStop Corp. | &nbsp;&nbsp; 5548147 |
| &nbsp;&nbsp; 60320 | Garmin Ltd. | &nbsp;&nbsp; 13994843 |
| &nbsp;&nbsp; 21908<br><sup>2</sup> <br>| G-III Apparel Group Ltd. | &nbsp;&nbsp; 606852 |
| &nbsp;&nbsp; 31507 | Home Depot, Inc. | &nbsp;&nbsp; 10362337 |
| &nbsp;&nbsp; 16252 | Lennar Corp., Class A | &nbsp;&nbsp; 1411324 |
| &nbsp;&nbsp;&nbsp; 8354 | Lithia Motors, Inc. | &nbsp;&nbsp; 2086161 |
| &nbsp;&nbsp; 43120 | LKQ Corp. | &nbsp;&nbsp; 1266434 |
| &nbsp;&nbsp; 76600 | Lowe's Cos., Inc. | &nbsp;&nbsp; 18099048 |
| &nbsp;&nbsp;&nbsp; 8055 | Marriott International, Inc., Class A | &nbsp;&nbsp; 2634549 |
| 129928 | Nike, Inc., Class B | &nbsp;&nbsp; 6862797 |
| 267569<br><sup>2</sup> <br>| Norwegian Cruise Line Holdings Ltd. | &nbsp;&nbsp; 5003540 |
| &nbsp;&nbsp;&nbsp; 4640<br><sup>2</sup> <br>| RH | &nbsp;&nbsp; 648765 |
| &nbsp;&nbsp; 16556 | Royal Caribbean Cruises Ltd. | &nbsp;&nbsp; 4555880 |
| &nbsp;&nbsp; 83877 | Six Flags Entertainment Corp. | &nbsp;&nbsp; 1488817 |
| 509796 | Starbucks Corp. | &nbsp;&nbsp; 45672624 |
| 110494<br><sup>2</sup> <br>| Stride, Inc. | &nbsp;&nbsp; 9742256 |
| &nbsp;&nbsp; 82537<br><sup>2</sup> <br>| The RealReal, Inc. | &nbsp;&nbsp; 749436 |
| &nbsp;&nbsp; 45107 | Wingstop, Inc. | &nbsp;&nbsp; 6990232 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 288921152 |
|  | **Consumer Staples—(2.7)%** |  |
| &nbsp;&nbsp;&nbsp; 7611 | Dollar General Corp. | &nbsp;&nbsp; 903654 |
| 133598<br><sup>2</sup> <br>| elf Beauty, Inc. | &nbsp;&nbsp; 8097375 |
| &nbsp;&nbsp; 14690 | Fresh Del Monte Produce, Inc. | &nbsp;&nbsp; 591419 |
| 532823 | Lamb Weston Holdings, Inc. | &nbsp;&nbsp; 22517100 |
| &nbsp;&nbsp; 39850<br><sup>2</sup> <br>| Performance Food Group Co. | &nbsp;&nbsp; 3413551 |
| 531799 | Primo Brands Corp. | &nbsp;&nbsp; 10013775 |

---

**6**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | **Consumer Staples—continued** |  |
| &nbsp;&nbsp; 29733 | Procter & Gamble Co. | &nbsp;&nbsp; $4294635 |
| 124626<br><sup>2</sup> <br>| Sprouts Farmers Market, Inc. | &nbsp;&nbsp; 9612403 |
| &nbsp;&nbsp;&nbsp; 8157 | Target Corp. | &nbsp;&nbsp; 988629 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60432541 |
|  | **Energy—(4.1)%** |  |
| &nbsp;&nbsp; 65104 | Chevron Corp. | &nbsp;&nbsp; 13470018 |
| 158361 | ConocoPhillips | &nbsp;&nbsp; 20903652 |
| 284051 | Diamondback Energy, Inc. | &nbsp;&nbsp; 56182447 |
| &nbsp;&nbsp;&nbsp; 7226<br><sup>2</sup> <br>| DMC Global, Inc. | &nbsp;&nbsp; 37647 |
| &nbsp;&nbsp; 63411<br><sup>2</sup> <br>| Green Plains, Inc. | &nbsp;&nbsp; 1043111 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91636875 |
|  | **Financials—(12.2)%** |  |
| &nbsp;&nbsp; 57982 | American Express Co. | &nbsp;&nbsp; 17538395 |
| &nbsp;&nbsp; 33485 | Aon PLC | &nbsp;&nbsp; 10808288 |
| 360695 | Ares Management Corp. | &nbsp;&nbsp; 39351825 |
| &nbsp;&nbsp; 30956 | Arthur J. Gallagher & Co. | &nbsp;&nbsp; 6704450 |
| 119445<br><sup>2</sup> <br>| Berkshire Hathaway, Inc., Class B | &nbsp;&nbsp; 57238044 |
| &nbsp;&nbsp; 74753 | Blackstone, Inc. | &nbsp;&nbsp; 8595847 |
| 167362<br><sup>2</sup> <br>| Block, Inc. | &nbsp;&nbsp; 10071845 |
| 334068<br><sup>2</sup> <br>| Brookfield Asset Management Ltd. | &nbsp;&nbsp; 14849323 |
| 500769 | Brown & Brown | &nbsp;&nbsp; 32655146 |
| &nbsp;&nbsp; 34258 | Capital One Financial Co. | &nbsp;&nbsp; 6249687 |
| &nbsp;&nbsp; 88170 | Citigroup, Inc. | &nbsp;&nbsp; 9999360 |
| &nbsp;&nbsp; 29546<br><sup>2</sup> <br>| Coinbase Global, Inc. | &nbsp;&nbsp; 5159027 |
| &nbsp;&nbsp;&nbsp; 3290 | Erie Indemnity Co. | &nbsp;&nbsp; 826810 |
| &nbsp;&nbsp; 28321 | Glacier Bancorp, Inc. | &nbsp;&nbsp; 1265099 |
| 280034 | KKR & Co., Inc. | &nbsp;&nbsp; 25903145 |
| &nbsp;&nbsp; 38011<br><sup>2</sup> <br>| PRA Group, Inc. | &nbsp;&nbsp; 665193 |
| 152851<br><sup>2</sup> <br>| Remitly Global, Inc. | &nbsp;&nbsp; 2395175 |
| &nbsp;&nbsp; 17889 | SEI Investments Co. | &nbsp;&nbsp; 1403750 |
| 103611<br><sup>2</sup> <br>| Shift4 Payments, Inc. | &nbsp;&nbsp; 4530909 |
| &nbsp;&nbsp; 25652<br><sup>2</sup> <br>| StoneX Group, Inc. | &nbsp;&nbsp; 2068793 |
| 156546 | Truist Financial Corp. | &nbsp;&nbsp; 7196420 |
| 337030<br><sup>2</sup> <br>| Upstart Holdings, Inc. | &nbsp;&nbsp; 8644820 |
| &nbsp;&nbsp; 12607 | Western Alliance Bancorp | &nbsp;&nbsp; 893206 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 275014557 |
|  | **Health Care—(11.5)%** |  |
| &nbsp;&nbsp; 88699<br><sup>2</sup> <br>| 10X Genomics, Inc. | &nbsp;&nbsp; 1883080 |
| &nbsp;&nbsp; 12960<br><sup>2</sup> <br>| agilon health, Inc. | &nbsp;&nbsp; 102514 |
| 230231<br><sup>2</sup> <br>| Apellis Pharmaceuticals, Inc. | &nbsp;&nbsp; 9262193 |
| &nbsp;&nbsp; 60422<br><sup>2</sup> <br>| Arrowhead Pharmaceuticals, Inc. | &nbsp;&nbsp; 3788459 |
| &nbsp;&nbsp; 28594<br><sup>2</sup> <br>| Axsome Therapeutics, Inc. | &nbsp;&nbsp; 4832958 |
| 162295 | Becton Dickinson & Co. | &nbsp;&nbsp; 25517643 |
| &nbsp;&nbsp; 94787<br><sup>2</sup> <br>| Biohaven Ltd. | &nbsp;&nbsp; 801898 |
| 426634<br><sup>2</sup> <br>| Centene Corp. | &nbsp;&nbsp; 13967997 |
| &nbsp;&nbsp; 44015<br><sup>2</sup> <br>| Cryoport, Inc. | &nbsp;&nbsp; 364444 |
| 102374<br><sup>2</sup> <br>| Cytokinetics, Inc. | &nbsp;&nbsp; 6747470 |
| 121330 | Danaher Corp. | &nbsp;&nbsp; 23004168 |
| &nbsp;&nbsp; 68190<br><sup>2</sup> <br>| HealthEquity, Inc. | &nbsp;&nbsp; 5698638 |
| 198316<br><sup>2</sup> <br>| Heron Therapeutics, Inc. | &nbsp;&nbsp; 158673 |
| 631537<br><sup>2</sup> <br>| Hims & Hers Health, Inc. | &nbsp;&nbsp; 13110708 |
| &nbsp;&nbsp; 79621<br><sup>2</sup> <br>| Immunovant, Inc. | &nbsp;&nbsp; 1977786 |
| &nbsp;&nbsp; 13327<br><sup>2</sup> <br>| Inspire Medical Systems, Inc. | &nbsp;&nbsp; 687407 |

---

**7**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | **Health Care—continued** |  |
| &nbsp;&nbsp; 82084 | Johnson & Johnson | &nbsp;&nbsp; $20064613 |
| &nbsp;&nbsp; 52571<br><sup>2</sup> <br>| Kodiak Sciences, Inc. | &nbsp;&nbsp; 2004006 |
| &nbsp;&nbsp; 11333<br><sup>2</sup> <br>| Madrigal Pharmaceuticals, Inc. | &nbsp;&nbsp; 5932485 |
| &nbsp;&nbsp; 52375 | Merck & Co., Inc. | &nbsp;&nbsp; 6300189 |
| &nbsp;&nbsp; 19847<br><sup>2</sup> <br>| PTC Therapeutics, Inc. | &nbsp;&nbsp; 1352176 |
| &nbsp;&nbsp; 25625<br><sup>2</sup> <br>| Repligen Corp. | &nbsp;&nbsp; 3019137 |
| 147151<br><sup>2</sup> <br>| Revolution Medicines, Inc. | &nbsp;&nbsp; 14310435 |
| &nbsp;&nbsp; 14510<br><sup>2</sup> <br>| Scholar Rock Holding Corp. | &nbsp;&nbsp; 713312 |
| 234173<br><sup>2</sup> <br>| Summit Therapeutics, Inc. | &nbsp;&nbsp; 4439920 |
| 240940<br><sup>2</sup> <br>| Tempus AI, Inc. | &nbsp;&nbsp; 10895307 |
| &nbsp;&nbsp; 69103 | Thermo Fisher Scientific, Inc. | &nbsp;&nbsp; 33966198 |
| &nbsp;&nbsp; 52165<br><sup>2</sup> <br>| TransMedics Group, Inc. | &nbsp;&nbsp; 5185723 |
| &nbsp;&nbsp; 99864<br><sup>2</sup> <br>| Ultragenyx Pharmaceutical, Inc. | &nbsp;&nbsp; 2092151 |
| 402293<br><sup>2</sup> <br>| Vaxcyte, Inc. | &nbsp;&nbsp; 23377246 |
| &nbsp;&nbsp; 21965<br><sup>2</sup> <br>| Waters Corp. | &nbsp;&nbsp; 6541177 |
| &nbsp;&nbsp; 12707 | West Pharmaceutical Services, Inc. | &nbsp;&nbsp; 3184882 |
| &nbsp;&nbsp; 33883 | Zimmer Biomet Holdings, Inc. | &nbsp;&nbsp; 3063701 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 258348694 |
|  | **Industrials—(8.8)%** |  |
| &nbsp;&nbsp; 72396 | Aaon, Inc. | &nbsp;&nbsp; 5990769 |
| &nbsp;&nbsp; 18331<br><sup>2</sup> <br>| Aerovironment, Inc. | &nbsp;&nbsp; 3355489 |
| &nbsp;&nbsp; 34299<br><sup>2</sup> <br>| Ameresco, Inc. | &nbsp;&nbsp; 874624 |
| &nbsp;&nbsp; 60316<br><sup>2</sup> <br>| Avis Budget Group, Inc. | &nbsp;&nbsp; 8797089 |
| &nbsp;&nbsp; 22384<br><sup>2</sup> <br>| Axon Enterprise, Inc. | &nbsp;&nbsp; 9506261 |
| &nbsp;&nbsp; 11912<br><sup>2</sup> <br>| Builders Firstsource, Inc. | &nbsp;&nbsp; 980715 |
| &nbsp;&nbsp;&nbsp; 4772 | Carpenter Technology Corp. | &nbsp;&nbsp; 1880884 |
| &nbsp;&nbsp;&nbsp; 8396 | Caterpillar, Inc. | &nbsp;&nbsp; 5948230 |
| 203225 | Concentrix Corp. | &nbsp;&nbsp; 5560236 |
| &nbsp;&nbsp; 22192<br><sup>2</sup> <br>| Core & Main, Inc. | &nbsp;&nbsp; 1096285 |
| &nbsp;&nbsp; 28894 | Deere & Co. | &nbsp;&nbsp; 16275990 |
| &nbsp;&nbsp; 19527 | Fastenal Co. | &nbsp;&nbsp; 906053 |
| &nbsp;&nbsp;&nbsp; 3658<br><sup>2</sup> <br>| FTI Consulting, Inc. | &nbsp;&nbsp; 646625 |
| 111061<br><sup>2</sup> <br>| GXO Logistics, Inc. | &nbsp;&nbsp; 5758513 |
| 122630 | Ingersoll-Rand, Inc. | &nbsp;&nbsp; 9825116 |
| &nbsp;&nbsp;&nbsp; 5959<br><sup>2</sup> <br>| Kirby Corp. | &nbsp;&nbsp; 791832 |
| 140311 | Knight-Swift Transportation Holdings, Inc. | &nbsp;&nbsp; 8079107 |
| &nbsp;&nbsp; 21288<br><sup>2</sup> <br>| Mercury Systems, Inc. | &nbsp;&nbsp; 1552108 |
| &nbsp;&nbsp; 17723<br><sup>2</sup> <br>| NextPower, Inc. | &nbsp;&nbsp; 2136508 |
| &nbsp;&nbsp;&nbsp; 9321 | Old Dominion Freight Lines, Inc. | &nbsp;&nbsp; 1821323 |
| 137605 | PACCAR, Inc. | &nbsp;&nbsp; 15893377 |
| 645935<br><sup>2</sup> <br>| QXO, Inc. | &nbsp;&nbsp; 12544058 |
| &nbsp;&nbsp; 29741<br><sup>2</sup> <br>| Rocket Lab Corp. | &nbsp;&nbsp; 1909967 |
| &nbsp;&nbsp; 16819 | RTX Corp. | &nbsp;&nbsp; 3244385 |
| &nbsp;&nbsp; 57407<br><sup>2</sup> <br>| Saia, Inc. | &nbsp;&nbsp; 20165931 |
| &nbsp;&nbsp; 95426 | United Parcel Service, Inc. | &nbsp;&nbsp; 9388010 |
| 219414 | Verisk Analytics, Inc. | &nbsp;&nbsp; 41633806 |
| &nbsp;&nbsp; 13288<br><sup>2</sup> <br>| Vicor Corp. | &nbsp;&nbsp; 2139368 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 198702659 |
|  | **Information Technology—(14.9)%** |  |
| 243129<br><sup>2</sup> <br>| Advanced Micro Devices, Inc. | &nbsp;&nbsp; 49459732 |
| 152174<br><sup>2</sup> <br>| Allegro MicroSystems, Inc. | &nbsp;&nbsp; 4798046 |
| 190846 | Amphenol Corp., Class A | &nbsp;&nbsp; 24113392 |
| &nbsp;&nbsp; 21427<br><sup>2</sup> <br>| Appian Corp. | &nbsp;&nbsp; 516605 |

---

**8**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | **Information Technology—continued** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 39218 | Applied Materials, Inc. | &nbsp;&nbsp; $13404320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 14979<br><sup>2</sup> <br>| Astera Labs, Inc. | &nbsp;&nbsp; 1641698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 93585<br><sup>2</sup> <br>| Circle Internet Finance PLC | &nbsp;&nbsp; 8928945 |
| &nbsp;&nbsp; 133096<br><sup>2</sup> <br>| CloudFlare, Inc. | &nbsp;&nbsp; 27463029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 76411 | Corning, Inc. | &nbsp;&nbsp; 10389604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 61496<br><sup>2</sup> <br>| D-Wave Quantum, Inc. | &nbsp;&nbsp; 887387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 51958 | Entegris, Inc. | &nbsp;&nbsp; 6091556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 50482<br><sup>2</sup> <br>| First Solar, Inc. | &nbsp;&nbsp; 9958079 |
| &nbsp;&nbsp;&nbsp;&nbsp; 20458<br><sup>2</sup> <br>| Globalfoundries, Inc. | &nbsp;&nbsp; 909972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 39156<br><sup>2</sup> <br>| Impinj, Inc. | &nbsp;&nbsp; 4021321 |
| &nbsp;&nbsp; 277873<br><sup>2</sup> <br>| Intel Corp. | &nbsp;&nbsp; 12262536 |
| &nbsp;&nbsp; 297753<br><sup>2</sup> <br>| IonQ, Inc. | &nbsp;&nbsp; 8584219 |
| &nbsp;&nbsp; 149211 | Marvell Technology, Inc. | &nbsp;&nbsp; 14779350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 79596<br><sup>2</sup> <br>| nCino, Inc. | &nbsp;&nbsp; 1192348 |
| &nbsp;&nbsp; 212491<br><sup>2</sup> <br>| Nutanix, Inc. | &nbsp;&nbsp; 8076783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 25900<br><sup>2</sup> <br>| Par Technology Corp. | &nbsp;&nbsp; 345247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5588<br><sup>2</sup> <br>| Sitime Corp. | &nbsp;&nbsp; 1929816 |
| &nbsp;&nbsp; 103062<br><sup>2</sup> <br>| Sprout Social, Inc. | &nbsp;&nbsp; 587453 |
| &nbsp;&nbsp; 244068<br><sup>2</sup> <br>| Strategy, Inc., Class A | &nbsp;&nbsp; 30459686 |
| &nbsp;&nbsp; 366944<br><sup>2</sup> <br>| Super Micro Computer, Inc. | &nbsp;&nbsp; 8355315 |
| &nbsp;&nbsp; 138024<br><sup>2</sup> <br>| Synopsys, Inc. | &nbsp;&nbsp; 54723756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 21627 | Ubiquiti Networks, Inc. | &nbsp;&nbsp; 17091602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 89423<br><sup>2</sup> <br>| Unity Software, Inc. | &nbsp;&nbsp; 1961941 |
| &nbsp;&nbsp; 727760<br><sup>2</sup> <br>| Zeta Global Holdings Corp. | &nbsp;&nbsp; 11585939 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 334519677 |
|  | **Materials—(4.6)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 95362 | Air Products & Chemicals, Inc. | &nbsp;&nbsp; 27701707 |
| 1130230 | Dow, Inc. | &nbsp;&nbsp; 47074080 |
| &nbsp;&nbsp; 432538 | International Paper Co. | &nbsp;&nbsp; 15441607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3320 | Linde PLC | &nbsp;&nbsp; 1645923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 45161 | LyondellBasell Industries N.V. | &nbsp;&nbsp; 3638170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 59124<br><sup>2</sup> <br>| MP Materials Corp. | &nbsp;&nbsp; 2853324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 45461 | Smurfit WestRock PLC | &nbsp;&nbsp; 1811621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 27902 | Westlake Corp. | &nbsp;&nbsp; 3259512 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp; 103425944 |
|  | **Real Estate—(2.2)%** |  |
| &nbsp;&nbsp; 403915 | Alexandria Real Estate Equities, Inc. | &nbsp;&nbsp; 18749734 |
| &nbsp;&nbsp;&nbsp;&nbsp; 85926 | Extra Space Storage, Inc. | &nbsp;&nbsp; 11267476 |
| &nbsp;&nbsp; 213199 | Healthcare Realty Trust, Inc. | &nbsp;&nbsp; 3622251 |
| &nbsp;&nbsp; 240233 | Realty Income Corp. | &nbsp;&nbsp; 14697455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 47162 | Weyerhaeuser Co. | &nbsp;&nbsp; 1152168 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49489084 |
|  | **Utilities—(0.3)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 37479 | Brookfield Renewable Corp. | &nbsp;&nbsp; 1492789 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10987 | Constellation Energy Corp. | &nbsp;&nbsp; 3068120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 21353 | Sempra Energy | &nbsp;&nbsp; 2074871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9798 | Southwest Gas Holdings, Inc. | &nbsp;&nbsp; 851446 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7487226 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Total Securities Sold Short <br>(PROCEEDS $1,804,850,606)<br>| &nbsp;&nbsp; $1754351463 |

---

The Value of Securities Sold Short is included in "Other Assets and Liabilities—Net".

**9**

------

An affiliated company is a company in which the Fund, alone or in combination with other Federated Hermes funds, has ownership of at least 5% of the voting shares. Transactions with the affiliated companies during the period ended March 31, 2026, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated** | **Value as of** <br>**12/31/2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation/** <br>**(Depreciation)**<br>| **Net** <br>**Realized Gain/** <br>**(Loss)**<br>| **Value as of** <br>**3/31/2026**<br>| **Shares** <br>**Held as of** <br>**3/31/2026**<br>| **Dividend** <br>**Income**<br>|
| **Consumer Discretionary:** |  |  |  |  |  |  |  |  |
| Advance Auto Parts, Inc. | $26202528 | $— | $— | $8967532 | $— | $35170060 | 666731 | $166683 |

---

Transactions with affiliated investment companies, which are funds managed by the Adviser or an affiliate of the Adviser, during the period ended March 31, 2026, were as follows:

---

| | |
|:---|:---|
|  | **Federated Hermes** <br>**Government** <br>**Obligations Fund,** <br>**Premier Shares**<br>|
| Value as of 12/31/2025 | &nbsp;&nbsp; $207717325 |
| Purchases at Cost | &nbsp;&nbsp; $237504978 |
| Proceeds from Sales | &nbsp;&nbsp; $(221859672) |
| Change in Unrealized Appreciation/Depreciation | &nbsp;&nbsp; $— |
| Net Realized Gain/(Loss) | &nbsp;&nbsp; $— |
| Value as of 3/31/2026 | &nbsp;&nbsp; $223362631 |
| Shares Held as of 3/31/2026 | &nbsp;&nbsp; 223362631 |
| Dividend Income | &nbsp;&nbsp; $1905850 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 1 | *All or a portion of these securities have been pledged as collateral for open short positions.* |
| 2 | *Non-income-producing security.* |
| 3 | *7-day net yield.* |
| 4 | *Assets, other than investments in securities, less liabilities* |

---

Note: The categories of investments are shown as a percentage of net assets at March 31, 2026.

**Investment Valuation** 

In calculating its net asset value (NAV), the Fund generally values investments as follows:

■ Equity securities including shares of exchange-traded funds listed on an exchange or traded through a regulated market system are valued at their last reported sale price or official closing price in their principal exchange or market.

■ Fixed-income securities are fair valued using price evaluations provided by a pricing service approved by Federated MDTA LLC (the "Adviser").

■ Shares of other mutual funds or non-exchange-traded investment companies are valued based upon their reported NAVs, or NAV per share practical expedient, as applicable.

■ Derivative contracts listed on exchanges are valued at their reported settlement or closing price, except that options are valued at the mean of closing bid and ask quotations.

■ Over-the-counter (OTC) derivative contracts are fair valued using price evaluations provided by a pricing service approved by the Adviser.

■ For securities that are fair valued in accordance with procedures established by and under the general supervision of the Adviser, certain factors may be considered such as: the last traded or purchase price of the security, information obtained by contacting the issuer or dealers, analysis of the issuer's financial statements or other available documents, fundamental analytical data, the nature and duration of restrictions on disposition, the movement of the market in which the security is normally traded, public trading in similar securities or derivative contracts of the issuer or comparable issuers, movement of a relevant index, or other factors including but not limited to industry changes and relevant government actions.

If any price, quotation, price evaluation or other pricing source is not readily available when the NAV is calculated, if the Fund cannot obtain price evaluations from a pricing service or from more than one dealer for an investment within a reasonable period of time as set forth in the Adviser's valuation policies and procedures for the Fund, or if information furnished by a pricing service, in the opinion of the Adviser's valuation committee ("Valuation Committee"), is deemed not representative of the fair value of such security, the Fund uses the fair value of the investment determined in accordance with the procedures described below. There can be no assurance that the Fund could obtain the fair value assigned to an investment if it sold the investment at approximately the time at which the Fund determines its NAV per share, and the actual value obtained could be materially different.

**Fair Valuation and Significant Events Procedures** 

Pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended, the Fund's Board of Trustees (the "Trustees") has designated the Adviser as the Fund's valuation designee to perform any fair value determinations for securities and other assets held by the Fund. The Adviser is subject to the Trustees' oversight and certain reporting and other requirements intended to provide the Trustees the information needed to oversee the Adviser's fair value determinations.

**10**

------

The Adviser, acting through its Valuation Committee, is responsible for determining the fair value of investments for which market quotations are not readily available. The Valuation Committee is comprised of officers of the Adviser and certain of the Adviser's affiliated companies and determines fair value and oversees the calculation of the NAV. The Valuation Committee is also authorized to use pricing services to provide fair value evaluations of the current value of certain investments for purposes of calculating the NAV. The Valuation Committee employs various methods for reviewing third-party pricing-service evaluations including periodic reviews of third-party pricing services' policies, procedures and valuation methods (including key inputs, methods, models and assumptions), transactional back-testing, comparisons of evaluations of different pricing services, and review of price challenges by the Adviser based on recent market activity. In the event that market quotations and price evaluations are not available for an investment, the Valuation Committee determines the fair value of the investment in accordance with procedures adopted by the Adviser. The Trustees periodically review the fair valuations made by the Valuation Committee. The Trustees have also approved the Adviser's fair valuation and significant events procedures as part of the Fund's compliance program and will review any changes made to the procedures.

Factors considered by pricing services in evaluating an investment include the yields or prices of investments of comparable quality, coupon, maturity, call rights and other potential prepayments, terms and type, reported transactions, indications as to values from dealers and general market conditions. Some pricing services provide a single price evaluation reflecting the bid-side of the market for an investment (a "bid" evaluation). Other pricing services offer both bid evaluations and price evaluations indicative of a price between the prices bid and ask for the investment (a "mid" evaluation). The Fund normally uses bid evaluations for any U.S. Treasury and Agency securities, mortgage-backed securities and municipal securities. The Fund normally uses mid evaluations for any other types of fixed-income securities and any OTC derivative contracts. In the event that market quotations and price evaluations are not available for an investment, the fair value of the investment is determined in accordance with procedures adopted by the Adviser.

The Adviser has also adopted procedures requiring an investment to be priced at its fair value whenever the Valuation Committee determines that a significant event affecting the value of the investment has occurred between the time as of which the price of the investment would otherwise be determined and the time as of which the NAV is computed. An event is considered significant if there is both an affirmative expectation that the investment's value will change in response to the event and a reasonable basis for quantifying the resulting change in value. Examples of significant events that may occur after the close of the principal market on which a security is traded, or after the time of a price evaluation provided by a pricing service or a dealer, include:

■ With respect to securities traded principally in foreign markets, significant trends in U.S. equity markets or in the trading of foreign securities index futures contracts;

■ Political or other developments affecting the economy or markets in which an issuer conducts its operations or its securities are traded;

■ Announcements concerning matters such as acquisitions, recapitalizations, litigation developments, or a natural disaster affecting the issuer's operations or regulatory changes or market developments affecting the issuer's industry.

The Adviser has adopted procedures whereby the Valuation Committee uses a pricing service to provide factors to update the fair value of equity securities traded principally in foreign markets from the time of the close of their respective foreign stock exchanges to the pricing time of the Fund. For other significant events, the Fund may seek to obtain more current quotations or price evaluations from alternative pricing sources. If a reliable alternative pricing source is not available, the Valuation Committee will determine the fair value of the investment in accordance with the fair valuation procedures approved by the Adviser. The Trustees periodically review fair valuations made in response to significant events.

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels listed below:

Level 1—quoted prices in active markets for identical securities.

Level 2—other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Also includes securities valued at amortized cost.

Level 3—significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

At March 31, 2026, all investments of the Fund utilized Level 1 inputs in valuing the Fund's assets carried at fair value.

**11**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes Adviser Series

- **b. Investment Company Act file number:** 811-23259

- **c. CIK number of Registrant:** 0001707560

- **d. LEI of Registrant:** 2549001OZ5PPTI84LJ34

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

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

- **a. Name of Series:** Federated Hermes MDT Market Neutral Fund

- **b. EDGAR series identifier (if any):** S000072284

- **c. LEI of Series:** 254900LP0W4M9IA05C50

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $3995688818.61

**Total Liabilities:** $1744263201.20

**Net Assets:** $2251425617.41

**Cash Not Reported:** $1885095675.93

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000228383 | -0.36%               | 1.92%                | -0.09%               |
| Class ID C000228384 | -0.38%               | 1.89%                | -0.14%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-11626027.66            | $1264353.73                                |
| Month 2  | $9646426.68              | $27036691.96                               |
| Month 3  | $1804922.90              | $-7053669.65                               |

**Designated Index Information**

- **Index Name:** Securities Portfolio VaR

- **Index Identifier:** Designated Reference Portfolio is the Fund's Securities Portfolio

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AST SpaceMobile Inc                          | AST SpaceMobile Inc                          | CUSIP: 00217D100<br>LEI: 254900MBSC9P2UCI6623 | Short            | EC               | CORP              | US        |    -18282 | NS      | $-1515029.34  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment Inc                            | AeroVironment Inc                            | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Short            | EC               | CORP              | US        |    -18331 | NS      | $-3355489.55  | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology Inc.                        | Align Technology Inc                         | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |    114143 | NS      | $19567534.49  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                             | Amazon.com Inc                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Short            | EC               | CORP              | US        |    -56278 | NS      | $-11721019.06 | -0.52%            |  |  |  | No            |                  1 | On Loan: No      |
| Ameresco Inc                                 | Ameresco Inc                                 | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Short            | EC               | CORP              | US        |    -34299 | NS      | $-874624.50   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs Inc                              | Astera Labs Inc                              | CUSIP: 04626A103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -14979 | NS      | $-1641698.40  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International Inc                     | Baxter International Inc                     | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |     65209 | NS      | $1095511.20   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                 | Broadcom Inc                                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      9958 | NS      | $3082100.58   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                            | Brown & Brown Inc                            | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Short            | EC               | CORP              | US        |   -500769 | NS      | $-32655146.49 | -1.45%            |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                        | Cardinal Health Inc                          | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     39495 | NS      | $8345688.45   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Cargurus Inc                                 | Cargurus Inc                                 | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |    176576 | NS      | $6012412.80   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                                   | Carvana Co                                   | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Short            | EC               | CORP              | US        |    -20154 | NS      | $-6336014.52  | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                                 | Centene Corp                                 | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Short            | EC               | CORP              | US        |   -453279 | NS      | $-14840354.46 | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Downs Inc                          | Churchill Downs Inc                          | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Short            | EC               | CORP              | US        |    -44554 | NS      | $-4002285.82  | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                               | ConocoPhillips                               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Short            | EC               | CORP              | US        |   -158361 | NS      | $-20903652.00 | -0.93%            |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics Inc                             | Cytokinetics Inc                             | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Short            | EC               | CORP              | US        |   -102374 | NS      | $-6747470.34  | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp                         | Deckers Outdoor Corp                         | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |    250738 | NS      | $25096366.42  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                        | Dell Technologies Inc                        | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     65806 | NS      | $10800738.78  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                                   | DexCom Inc                                   | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |    101896 | NS      | $6399068.80   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                       | Diamondback Energy Inc                       | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Short            | EC               | CORP              | US        |   -284051 | NS      | $-56182447.29 | -2.50%            |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                          | Dollar General Corp                          | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Short            | EC               | CORP              | US        |     -7611 | NS      | $-903654.03   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                                 | DoorDash Inc                                 | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Short            | EC               | CORP              | US        |    -19296 | NS      | $-2897294.40  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                | Dynatrace Inc                                | CUSIP: 268150109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40226 | NS      | $1487557.48   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc                   | Advanced Micro Devices Inc                   | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Short            | EC               | CORP              | US        |   -239687 | NS      | $-48759526.41 | -2.17%            |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                          | American Express Co                          | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Short            | EC               | CORP              | US        |    -57982 | NS      | $-17538395.36 | -0.78%            |  |  |  | No            |                  1 | On Loan: No      |
| elf Beauty Inc                               | elf Beauty Inc                               | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Short            | EC               | CORP              | US        |   -133598 | NS      | $-8097374.78  | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Elanco Animal Health Inc                     | Elanco Animal Health Inc                     | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |    149231 | NS      | $3571097.83   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting Inc                           | FTI Consulting Inc                           | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Short            | EC               | CORP              | US        |     -3658 | NS      | $-646624.66   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                                  | Fastenal Co                                  | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Short            | EC               | CORP              | US        |    -19527 | NS      | $-906052.80   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                              | Fox Corp                                     | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    251922 | NS      | $14712244.80  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Factory Holding Corp                     | Fox Factory Holding Corp                     | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Short            | EC               | CORP              | US        |    -25044 | NS      | $-412224.24   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd                      | G-III Apparel Group Ltd                      | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Short            | EC               | CORP              | US        |    -21908 | NS      | $-606851.60   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| GXO Logistics Inc                            | GXO Logistics Inc                            | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Short            | EC               | CORP              | US        |   -111061 | NS      | $-5758512.85  | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| GameStop Corp                                | GameStop Corp                                | CUSIP: 36467W109<br>LEI: 549300505KLOET039L77 | Short            | EC               | CORP              | US        |   -240805 | NS      | $-5548147.20  | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc                                  | Gartner Inc                                  | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |    155661 | NS      | $24647362.74  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                       | General Motors Co                            | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    192611 | NS      | $14349519.50  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Heron Therapeutics Inc                       | Heron Therapeutics Inc                       | CUSIP: 427746102<br>LEI: 549300DR2I1DOPD2IX53 | Short            | EC               | CORP              | US        |   -198316 | NS      | $-158672.63   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                  | Humana Inc                                   | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     62307 | NS      | $10803410.73  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Impinj Inc                                   | Impinj Inc                                   | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Short            | EC               | CORP              | US        |    -39156 | NS      | $-4021321.20  | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc.                      | Advance Auto Parts Inc                       | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |    666731 | NS      | $35170060.25  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc                                 | Assurant Inc                                 | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |      3543 | NS      | $771700.83    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corp.            | Bank of New York Mellon Corp/The             | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    296713 | NS      | $35199063.19  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                                 | Insulet Corp                                 | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |     23077 | NS      | $4842477.68   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                                   | Intel Corp                                   | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Short            | EC               | CORP              | US        |   -277873 | NS      | $-12262535.49 | -0.54%            |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corporation                    | Kilroy Realty Corp                           | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |    185987 | NS      | $5246693.27   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Steven Madden Ltd                            | Steven Madden Ltd                            | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     23913 | NS      | $811128.96    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                               | Albemarle Corp                               | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |     32097 | NS      | $5762374.41   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities Inc          | Alexandria Real Estate Equities Inc          | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Short            | EC               |  | US        |   -403915 | NS      | $-18749734.30 | -0.83%            |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc                     | Microchip Technology Inc                     | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    149034 | NS      | $9629086.74   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                      | O'Reilly Automotive Inc                      | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     15688 | NS      | $1448159.28   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings Inc            | Allison Transmission Holdings Inc            | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     33645 | NS      | $3938483.70   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                  | AmerisourceBergen Corp                       | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      4721 | NS      | $1483054.94   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                                 | Comcast Corp                                 | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Short            | EC               | CORP              | US        |    -78728 | NS      | $-2260280.88  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                                  | Corning Inc                                  | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Short            | EC               | CORP              | US        |    -67103 | NS      | $-9123994.91  | -0.41%            |  |  |  | No            |                  1 | On Loan: No      |
| Driven Brands Holdings Inc                   | Driven Brands Holdings Inc                   | CUSIP: 26210V102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -182412 | NS      | $-2300215.32  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Godaddy Inc                                  | GoDaddy Inc                                  | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |     69225 | NS      | $5722830.75   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corporation.                          | Incyte Corp                                  | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     48023 | NS      | $4519924.76   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                                 | KKR & Co Inc                                 | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Short            | EC               | CORP              | US        |   -280034 | NS      | $-25903145.00 | -1.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                  | Netflix Inc                                  | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Short            | EC               | CORP              | US        |   -195384 | NS      | $-18786171.60 | -0.83%            |  |  |  | No            |                  1 | On Loan: No      |
| PRA Group Inc                                | PRA Group Inc                                | CUSIP: 69354N106<br>LEI: 549300Q5HW3JSSB86K27 | Short            | EC               | CORP              | US        |    -38011 | NS      | $-665192.50   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp                    | Occidental Petroleum Corp                    | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     20867 | NS      | $1356355.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc                          | Onto Innovation Inc                          | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |      6444 | NS      | $1321471.08   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                                | Pinterest Inc                                | CUSIP: 72352L106<br>LEI: 529900Y043CEBGO4HB65 | Long             | EC               | CORP              | US        |    273959 | NS      | $5024408.06   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings Inc                              | Q2 Holdings Inc                              | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |     60815 | NS      | $2876549.50   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Appian Corp                                  | Appian Corp                                  | CUSIP: 03782L101<br>LEI: 529900NIARIFW7HGU386 | Short            | EC               | CORP              | US        |    -21427 | NS      | $-516604.97   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Arrowhead Pharmaceuticals Inc                | Arrowhead Pharmaceuticals Inc                | CUSIP: 04280A100<br>LEI: 549300O3CSB8T7OZ3D66 | Short            | EC               | CORP              | US        |    -60422 | NS      | $-3788459.40  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp                               | Astronics Corp                               | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |     39645 | NS      | $2645510.85   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies Inc.                    | Axcelis Technologies Inc                     | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |     39828 | NS      | $3707190.24   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp                              | Rocket Lab Corp                              | CUSIP: 773121108<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -29741 | NS      | $-1909967.02  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                    | Block Inc                                    | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Short            | EC               | CORP              | US        |   -167362 | NS      | $-10071845.16 | -0.45%            |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics Inc.                     | Axsome Therapeutics Inc                      | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Short            | EC               | CORP              | US        |    -28594 | NS      | $-4832957.88  | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co                        | Becton Dickinson and Co                      | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Short            | EC               | CORP              | US        |   -162295 | NS      | $-25517642.85 | -1.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp                    | Carpenter Technology Corp                    | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Short            | EC               | CORP              | US        |     -4772 | NS      | $-1880883.80  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                   | Chipotle Mexican Grill Inc                   | CUSIP: 169656105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -225917 | NS      | $-7231603.17  | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                | Citigroup Inc                                | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Short            | EC               | CORP              | US        |    -88170 | NS      | $-9999359.70  | -0.44%            |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc                           | Enphase Energy Inc                           | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |    391730 | NS      | $14811311.30  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH Corp                                     | PVH Corp                                     | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |     14277 | NS      | $995963.52    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PAR Technology Corp.                         | PAR Technology Corp                          | CUSIP: 698884103<br>LEI: 549300HYPTHBJQINVG57 | Short            | EC               | CORP              | US        |    -25900 | NS      | $-345247.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp.                                    | FMC Corp                                     | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     43089 | NS      | $741992.58    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                           | Ingersoll Rand Inc                           | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Short            | EC               | CORP              | US        |   -122630 | NS      | $-9825115.60  | -0.44%            |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                          | Arista Networks Inc                          | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     31140 | NS      | $3823369.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                               | Blackstone Inc                               | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Short            | EC               | CORP              | US        |    -74753 | NS      | $-8595847.47  | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp                              | Concentrix Corp                              | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Short            | EC               | CORP              | US        |   -203225 | NS      | $-5560236.00  | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                             | Crown Castle International Corp              | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               |  | US        |     22007 | NS      | $1789389.17   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                                   | Reddit Inc                                   | CUSIP: 75734B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105879 | NS      | $14256607.35  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.              | Regeneron Pharmaceuticals Inc                | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     40465 | NS      | $31264877.60  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                   | KIRBY CORP                                   | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Short            | EC               | CORP              | US        |     -5959 | NS      | $-791831.92   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                          | Leidos Holdings Inc                          | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     16445 | NS      | $2557526.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                               | Starbucks Corp                               | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Short            | EC               | CORP              | US        |   -509796 | NS      | $-45672623.64 | -2.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                 | Synopsys Inc                                 | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Short            | EC               | CORP              | US        |   -138024 | NS      | $-54723755.52 | -2.43%            |  |  |  | No            |                  1 | On Loan: No      |
| Lending Club Corporation                     | LendingClub Corp                             | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |    139023 | NS      | $1990809.36   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Life360 Inc                                  | Life360 Inc                                  | CUSIP: 532206109<br>LEI: 254900VO9VDOQBQAHF07 | Long             | EC               | CORP              | US        |     32758 | NS      | $1337181.56   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc                          | Delta Air Lines Inc                          | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     86287 | NS      | $5736359.76   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| D-Wave Quantum Inc                           | D-Wave Quantum Inc                           | CUSIP: 26740W109<br>LEI: 5493001U37G4PRD4GW95 | Short            | EC               | CORP              | US        |    -61496 | NS      | $-887387.28   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| agilon health Inc                            | agilon health Inc                            | CUSIP: 00857U206<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -12960 | NS      | $-102513.60   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                   | Ameriprise Financial Inc                     | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     25884 | NS      | $11502849.60  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                 | Thermo Fisher Scientific Inc                 | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Short            | EC               | CORP              | US        |    -69103 | NS      | $-33966197.59 | -1.51%            |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                              | Ulta Beauty Inc                              | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |     20332 | NS      | $10627739.72  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                                 | Fortinet Inc                                 | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |    171678 | NS      | $14029526.16  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                         | Freeport-McMoRan Inc                         | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     70135 | NS      | $4122535.30   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMUS FILTRATION TECHNOLOGIES INC            | Atmus Filtration Technologies Inc            | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33483 | NS      | $1900829.91   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueLinx Holdings Inc                        | BlueLinx Holdings Inc                        | CUSIP: 09624H208<br>LEI: 549300YSX7GU28F5I540 | Long             | EC               | CORP              | US        |     22514 | NS      | $1219808.52   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolution Medicines Inc                     | Revolution Medicines Inc                     | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Short            | EC               | CORP              | US        |   -147151 | NS      | $-14310434.75 | -0.64%            |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                              | salesforce.com Inc                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    135039 | NS      | $25207730.13  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc                | Live Nation Entertainment Inc                | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |      4771 | NS      | $727625.21    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Liveramp Holdings Inc                        | LiveRamp Holdings Inc                        | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     53456 | NS      | $1417653.12   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EW Scripps Co/The                            | EW Scripps Co/The                            | CUSIP: 811054402<br>LEI: 549300U1OW41QPKYW028 | Short            | EC               | CORP              | US        |    -36194 | NS      | $-134641.68   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                       | Sempra Energy                                | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Short            | EC               | CORP              | US        |    -21353 | NS      | $-2074871.01  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Fulgent Genetics Inc                         | Fulgent Genetics Inc                         | CUSIP: 359664109<br>LEI: 549300CL6P01M68QJ404 | Long             | EC               | CORP              | US        |     46479 | NS      | $739016.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co                      | Arthur J Gallagher & Co                      | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Short            | EC               | CORP              | US        |    -30956 | NS      | $-6704450.48  | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| QXO Inc                                      | QXO Inc                                      | CUSIP: 82846H405<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -645935 | NS      | $-12544057.70 | -0.56%            |  |  |  | No            |                  1 | On Loan: No      |
| Six Flags Entertainment Corp                 | Six Flags Entertainment Corp                 | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Short            | EC               | CORP              | US        |    -83877 | NS      | $-1488816.75  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                                 | Wingstop Inc                                 | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Short            | EC               | CORP              | US        |    -45107 | NS      | $-6990231.79  | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                       | Trane Technologies PLC                       | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     12509 | NS      | $5213000.66   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker Inc                   | Stanley Black & Decker Inc                   | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     40404 | NS      | $2871108.24   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc                             | StoneX Group Inc                             | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Short            | EC               | CORP              | US        |    -25652 | NS      | $-2068793.48  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| ATN International Inc                        | ATN International Inc                        | CUSIP: 00215F107<br>LEI: 54930013NP7VEU877V56 | Short            | EC               | CORP              | US        |     -9316 | NS      | $-253581.52   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                | Amphenol Corp                                | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Short            | EC               | CORP              | US        |   -185184 | NS      | $-23397998.40 | -1.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma Inc                         | Bridgebio Pharma Inc                         | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |     87249 | NS      | $6479110.74   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                              | CBRE Group Inc                               | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     15495 | NS      | $2098952.70   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                                 | General Electric Co                          | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     78753 | NS      | $22347738.81  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc                  | Inspire Medical Systems Inc                  | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Short            | EC               | CORP              | US        |    -13327 | NS      | $-687406.66   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Teladoc Health Inc                           | Teladoc Health Inc                           | CUSIP: 87918A105<br>LEI: 549300I2PVFBC9MFAC61 | Long             | EC               | CORP              | US        |    117694 | NS      | $641432.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tempus AI Inc                                | Tempus AI Inc                                | CUSIP: 88023B103<br>LEI: 2549009LA0KWRAGQBX50 | Short            | EC               | CORP              | US        |   -240940 | NS      | $-10895306.80 | -0.48%            |  |  |  | No            |                  1 | On Loan: No      |
| 10X Genomics Inc                             | 10X Genomics Inc                             | CUSIP: 88025U109<br>LEI: 5493003Z6741WNLG7H43 | Short            | EC               | CORP              | US        |    -88699 | NS      | $-1883079.77  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM GROUP INC                          | TransDigm Group Inc                          | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3647 | NS      | $4226727.12   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd                  | Royal Caribbean Cruises Ltd                  | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Short            | EC               | CORP              | LR        |    -16556 | NS      | $-4555880.08  | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP                                 | Chevron Corp                                 | CUSIP: 166764100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -65104 | NS      | $-13470017.60 | -0.60%            |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc                    | Circle Internet Group Inc                    | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Short            | EC               | CORP              | US        |    -93585 | NS      | $-8928944.85  | -0.40%            |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc                | Interactive Brokers Group Inc                | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     68751 | NS      | $4611129.57   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Lendingtree Inc                              | LendingTree Inc                              | CUSIP: 52603B107<br>LEI: 549300ISY5YHUJZTON08 | Long             | EC               | CORP              | US        |     20841 | NS      | $893662.08    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                          | Coinbase Global Inc                          | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Short            | EC               | CORP              | US        |    -29546 | NS      | $-5159027.06  | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                  | Corteva Inc                                  | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     28865 | NS      | $2416289.15   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corporation                   | Northern Trust Corp                          | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     85804 | NS      | $11975664.28  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc                | Old Dominion Freight Line Inc                | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Short            | EC               | CORP              | US        |     -9321 | NS      | $-1821323.40  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                    | Palantir Technologies Inc                    | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |    198580 | NS      | $29048282.40  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems Inc                              | Pegasystems Inc                              | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |    137964 | NS      | $5871747.84   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                               | Lowe's Cos Inc                               | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Short            | EC               | CORP              | US        |    -65407 | NS      | $-15454365.96 | -0.69%            |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD                | Marriott International Inc/MD                | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Short            | EC               | CORP              | US        |     -8055 | NS      | $-2634548.85  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                       | Truist Financial Corp                        | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Short            | EC               | CORP              | US        |   -156546 | NS      | $-7196419.62  | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc.                      | Tyler Technologies Inc                       | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |      9374 | NS      | $3209470.12   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                               | API Group Corp                               | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |     61941 | NS      | $2509849.32   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                  | AbbVie Inc                                   | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    175484 | NS      | $38166015.16  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corporation                            | Alcoa Corp                                   | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |    150352 | NS      | $9972848.16   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                   | Amgen Inc                                    | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      6456 | NS      | $2271543.60   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp                        | Antero Resources Corp                        | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     26734 | NS      | $1134590.96   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                        | Applied Materials Inc                        | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Short            | EC               | CORP              | US        |    -39218 | NS      | $-13404320.22 | -0.60%            |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc                    | United Parcel Service Inc                    | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Short            | EC               | CORP              | US        |    -95426 | NS      | $-9388009.88  | -0.42%            |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                      | UnitedHealth Group Inc                       | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    216453 | NS      | $58570017.27  | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                  | NVIDIA Corp                                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     14324 | NS      | $2498105.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Oceaneering International Inc                | Oceaneering International Inc                | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |     32759 | NS      | $1161961.73   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co                    | Performance Food Group Co                    | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Short            | EC               | CORP              | US        |    -39850 | NS      | $-3413551.00  | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| PROG Holdings Inc                            | PROG Holdings Inc                            | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |     27681 | NS      | $794167.89    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                         | Booking Holdings Inc                         | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1932 | NS      | $8134338.24   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Renewable Corp                    | Brookfield Renewable Corp                    | CUSIP: 11285B108<br>LEI: N/A                  | Short            | EC               | CORP              | CA        |    -37479 | NS      | $-1492788.57  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Upstart Holdings Inc                         | Upstart Holdings Inc                         | CUSIP: 91680M107<br>LEI: 549300WNB47JRNENIC75 | Short            | EC               | CORP              | US        |   -337030 | NS      | $-8644819.50  | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                                | Veralto Corp                                 | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |    222088 | NS      | $19637020.96  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                               | Atlassian Corp                               | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |    306291 | NS      | $20904360.75  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc                | Automatic Data Processing Inc                | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      6949 | NS      | $1411897.82   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment Inc                    | Caesars Entertainment Inc                    | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Short            | EC               | CORP              | US        |   -565338 | NS      | $-14941883.34 | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                               | Cloudflare Inc                               | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Short            | EC               | CORP              | US        |   -118529 | NS      | $-24457273.86 | -1.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Avis Budget Group Inc                        | Avis Budget Group Inc                        | CUSIP: 053774105<br>LEI: 529900E95812SYWMCE44 | Short            | EC               | CORP              | US        |    -60316 | NS      | $-8797088.60  | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp             | Booz Allen Hamilton Holding Corp             | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     57319 | NS      | $4472601.57   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                                     | Okta Inc                                     | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |     14318 | NS      | $1126969.78   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group Inc.               | Principal Financial Group Inc                | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     15099 | NS      | $1360570.89   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                        | Costco Wholesale Corp                        | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     29932 | NS      | $29825142.76  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DMC Global Inc.                              | DMC Global Inc                               | CUSIP: 23291C103<br>LEI: 549300CBDXD1Z5MRNG02 | Short            | EC               | CORP              | US        |     -7226 | NS      | $-37647.46    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                      | Procter & Gamble Co/The                      | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Short            | EC               | CORP              | US        |    -29733 | NS      | $-4294634.52  | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                  | Progressive Corp/The                         | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     19128 | NS      | $3791934.72   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Secure Inc                             | Clear Secure Inc                             | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23918 | NS      | $1157870.38   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CryoPort Inc                                 | CryoPort Inc                                 | CUSIP: 229050307<br>LEI: 9845004D8538BT8JF626 | Short            | EC               | CORP              | US        |    -44015 | NS      | $-364444.20   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| RH                                           | RH                                           | CUSIP: 74967X103<br>LEI: 5493008MTS3OGGMHGK69 | Short            | EC               | CORP              | US        |     -4640 | NS      | $-648764.80   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                                  | SiTime Corp                                  | CUSIP: 82982T106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -5588 | NS      | $-1929815.80  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| DXP Enterprises Inc/TX                       | DXP Enterprises Inc/TX                       | CUSIP: 233377407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12397 | NS      | $1732232.81   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                   | Deere & Co                                   | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Short            | EC               | CORP              | US        |    -28894 | NS      | $-16275990.20 | -0.72%            |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                             | Duke Energy Corp                             | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     15812 | NS      | $2070423.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc.                                  | Fiserv Inc                                   | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |   1040178 | NS      | $58041932.40  | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                         | Verisk Analytics Inc                         | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Short            | EC               | CORP              | US        |   -219414 | NS      | $-41633806.50 | -1.85%            |  |  |  | No            |                  1 | On Loan: No      |
| Vicor Corp                                   | Vicor Corp                                   | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Short            | EC               | CORP              | US        |    -13288 | NS      | $-2139368.00  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                   | Copart Inc                                   | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |    195115 | NS      | $6477818.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                     | Crowdstrike Holdings Inc                     | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      8556 | NS      | $3340347.96   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                                | QUALCOMM Inc                                 | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      6610 | NS      | $851235.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                                  | ROBLOX Corp                                  | CUSIP: 771049103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -102330 | NS      | $-5787784.80  | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                     | Saia Inc                                     | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Short            | EC               | CORP              | US        |    -57407 | NS      | $-20165930.96 | -0.90%            |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc                        | TransMedics Group Inc                        | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Short            | EC               | CORP              | US        |    -52165 | NS      | $-5185722.65  | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co                              | Weyerhaeuser Co                              | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Short            | EC               |  | US        |    -47162 | NS      | $-1152167.66  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Zeta Global Holdings Corp                    | Zeta Global Holdings Corp                    | CUSIP: 98956A105<br>LEI: 2549008P9XSJQHGQ9S27 | Short            | EC               | CORP              | US        |   -727760 | NS      | $-11585939.20 | -0.51%            |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                                  | Vistra Corp                                  | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     19735 | NS      | $2966762.55   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                     | Western Alliance Bancorp                     | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Short            | EC               | CORP              | US        |    -12607 | NS      | $-893205.95   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc.                              | GE Vernova Inc                               | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     66621 | NS      | $58153470.90  | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc.                        | Generac Holdings Inc                         | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |     13590 | NS      | $2654534.70   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                   | Zimmer Biomet Holdings Inc                   | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Short            | EC               | CORP              | US        |    -33883 | NS      | $-3063700.86  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                    | Linde PLC                                    | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Short            | EC               | CORP              | IE        |     -3320 | NS      | $-1645923.20  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                | Accenture PLC                                | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |    184710 | NS      | $36626145.90  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International PLC                | Weatherford International PLC                | CUSIP: 000000000<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |     24604 | NS      | $2327046.32   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp Inc                          | Glacier Bancorp Inc                          | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Short            | EC               | CORP              | US        |    -28321 | NS      | $-1265099.07  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc.                | American Healthcare REIT Inc                 | CUSIP: 398182303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    190875 | NS      | $9001665.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Dentsply Sirona Inc                          | DENTSPLY SIRONA Inc                          | CUSIP: 24906P109<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | EC               | CORP              | US        |     54756 | NS      | $635169.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                           | Walt Disney Co/The                           | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Short            | EC               | CORP              | US        |     -9326 | NS      | $-898839.88   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                      | Dow Inc                                      | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Short            | EC               | CORP              | US        |  -1130230 | NS      | $-47074079.50 | -2.09%            |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc                               | DraftKings Inc                               | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Short            | EC               | CORP              | US        |   -485184 | NS      | $-10489678.08 | -0.47%            |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                    | Halozyme Therapeutics Inc                    | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     56624 | NS      | $3659609.12   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                   | Intuit Inc                                   | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     61022 | NS      | $26384692.36  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                 | LyondellBasell Industries NV                 | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Short            | EC               | CORP              | NL        |    -45161 | NS      | $-3638170.16  | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                     | Skyworks Solutions Inc                       | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     88870 | NS      | $4758988.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc                   | Southwest Gas Holdings Inc                   | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Short            | EC               | CORP              | US        |     -9798 | NS      | $-851446.20   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                            | Johnson & Johnson                            | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Short            | EC               | CORP              | US        |    -82084 | NS      | $-20064612.96 | -0.89%            |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc                     | Lamb Weston Holdings Inc                     | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Short            | EC               | CORP              | US        |   -532823 | NS      | $-22517099.98 | -1.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                                  | Lennar Corp                                  | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Short            | EC               | CORP              | US        |    -16252 | NS      | $-1411323.68  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc                 | Life Time Group Holdings Inc                 | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121728 | NS      | $3279352.32   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                           | EOG Resources Inc                            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     77614 | NS      | $11220655.98  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems Inc                             | EPAM Systems Inc                             | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |     23587 | NS      | $3193679.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Oak Bancshares Inc                      | Live Oak Bancshares Inc                      | CUSIP: 53803X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37314 | NS      | $1233973.98   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                            | MP Materials Corp                            | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Short            | EC               | CORP              | US        |    -59124 | NS      | $-2853324.24  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| GLOBALFOUNDRIES Inc                          | GLOBALFOUNDRIES Inc                          | CUSIP: 000000000<br>LEI: 549300BA76VK784VMX48 | Short            | EC               | CORP              | KY        |    -20458 | NS      | $-909971.84   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                        | Spotify Technology SA                        | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Short            | EC               | CORP              | LU        |    -35745 | NS      | $-17333107.95 | -0.77%            |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                       | Marvell Technology Inc                       | CUSIP: 573874104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -149211 | NS      | $-14779349.55 | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                             | Merck & Co Inc                               | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Short            | EC               | CORP              | US        |    -46662 | NS      | $-5612971.98  | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                            | Expedia Group Inc                            | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10187 | NS      | $2352076.43   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                      | Extra Space Storage Inc                      | CUSIP: 30225T102<br>LEI: N/A                  | Short            | EC               |  | US        |    -85926 | NS      | $-11267476.38 | -0.50%            |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co/The                                | Mosaic Co/The                                | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |    164810 | NS      | $4202655.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                                     | NIKE Inc                                     | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Short            | EC               | CORP              | US        |   -129928 | NS      | $-6862796.96  | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| PTC Therapeutics, Inc.                       | PTC Therapeutics Inc                         | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Short            | EC               | CORP              | US        |    -19847 | NS      | $-1352176.11  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                          | Paycom Software Inc                          | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |     50370 | NS      | $6121969.80   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes Inc.                            | Pitney Bowes Inc                             | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |     69946 | NS      | $772903.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings Inc                            | Post Holdings Inc                            | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |      8336 | NS      | $824096.96    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                  | Goldman Sachs Group Inc/The                  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      4810 | NS      | $4069211.90   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Plains Inc                             | Green Plains Inc                             | CUSIP: 393222104<br>LEI: VJ5WLTHARBSDR14KIZ98 | Short            | EC               | CORP              | US        |    -63411 | NS      | $-1043110.95  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Everpure Inc                                 | Pure Storage Inc                             | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |     38588 | NS      | $2278235.52   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                           | Realty Income Corp                           | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Short            | EC               |  | US        |   -240233 | NS      | $-14697454.94 | -0.65%            |  |  |  | No            |                  1 | On Loan: No      |
| Biohaven Ltd                                 | Biohaven Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | EC               | CORP              | VG        |    -94787 | NS      | $-801898.02   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Remitly Global Inc                           | Remitly Global Inc                           | CUSIP: 75960P104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -152851 | NS      | $-2395175.17  | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| RingCentral Inc                              | RingCentral Inc                              | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |     26054 | NS      | $968948.26    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                           | SEI Investments Co                           | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Short            | EC               | CORP              | US        |    -17889 | NS      | $-1403749.83  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Sl Green Realty Corp                         | SL Green Realty Corp                         | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |     87862 | NS      | $3245622.28   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Skywest Inc                                  | SkyWest Inc                                  | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |     41991 | NS      | $3856033.53   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co.                       | Southwest Airlines Co                        | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |    137918 | NS      | $5181579.26   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)                | Williams Cos Inc/The                         | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     78652 | NS      | $5724292.56   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc                              | Yum! Brands Inc                              | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     15451 | NS      | $2402321.48   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                       | Arch Capital Group Ltd                       | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     21366 | NS      | $2050922.34   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Cruise Line Holdings Ltd           | Norwegian Cruise Line Holdings Ltd           | CUSIP: 000000000<br>LEI: N/A                  | Short            | EC               | CORP              | BM        |   -267569 | NS      | $-5003540.30  | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Sciences Inc                          | Kodiak Sciences Inc                          | CUSIP: 50015M109<br>LEI: 254900IXI5NI8C9OQE24 | Short            | EC               | CORP              | US        |    -52571 | NS      | $-2004006.52  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                                     | LKQ Corp                                     | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Short            | EC               | CORP              | US        |    -43120 | NS      | $-1266434.40  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Synaptics Inc                                | Synaptics Inc                                | CUSIP: 87157D109<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | EC               | CORP              | US        |     19675 | NS      | $1378037.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software Inc            | Take-Two Interactive Software Inc            | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Short            | EC               | CORP              | US        |    -13510 | NS      | $-2668225.00  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos Inc/The                     | Estee Lauder Cos Inc/The                     | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |    253517 | NS      | $18194915.09  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                       | Micron Technology Inc                        | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      3485 | NS      | $1177372.40   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd                          | Viking Holdings Ltd                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    677019 | NS      | $49747356.12  | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                                | On Holding AG                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |     37346 | NS      | $1270510.92   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit Westrock PLC                         | Smurfit WestRock PLC                         | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Short            | EC               | CORP              | IE        |    -45461 | NS      | $-1811620.85  | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| Aon PLC                                      | Aon PLC                                      | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Short            | EC               | CORP              | IE        |    -33485 | NS      | $-10808288.30 | -0.48%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                               | Morgan Stanley                               | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     85384 | NS      | $14051644.88  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| nCino Inc                                    | nCino Inc                                    | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Short            | EC               | CORP              | US        |    -79596 | NS      | $-1192348.08  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment PLC                    | Flutter Entertainment PLC                    | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Short            | EC               | CORP              | IE        |   -330829 | NS      | $-33728016.55 | -1.50%            |  |  |  | No            |                  1 | On Loan: No      |
| SharkNinja Inc                               | SharkNinja Inc                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     33162 | NS      | $3511855.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                                  | Target Corp                                  | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Short            | EC               | CORP              | US        |     -8157 | NS      | $-988628.40   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| TripAdvisor Inc                              | TripAdvisor Inc                              | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |    109709 | NS      | $1169497.94   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Energy Inc                               | PBF Energy Inc                               | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |    203279 | NS      | $9680145.98   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                  | Phillips 66                                  | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     18167 | NS      | $3309664.06   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                        | Uber Technologies Inc                        | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    322974 | NS      | $23231519.82  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Under Armour Inc                             | Under Armour Inc                             | CUSIP: 904311107<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |    187580 | NS      | $1108597.80   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                            | Veeva Systems Inc                            | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |     41680 | NS      | $7321508.80   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Wayfair Inc                                  | Wayfair Inc                                  | CUSIP: 94419L101<br>LEI: 54930027N9ZAVYFDHK53 | Long             | EC               | CORP              | US        |     23360 | NS      | $1756905.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                                   | Garmin Ltd                                   | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Short            | EC               | CORP              | CH        |    -60320 | NS      | $-13994843.20 | -0.62%            |  |  |  | No            |                  1 | On Loan: No      |
| CAPRI HOLDINGS LTD                           | Capri Holdings Ltd                           | CUSIP: 000000000<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               | CORP              | VG        |    224962 | NS      | $3963830.44   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Polaris Inc.                                 | Polaris Inc                                  | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |     63783 | NS      | $3476173.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc                     | Procore Technologies Inc                     | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |     16392 | NS      | $934344.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                 | Exelon Corp                                  | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     60657 | NS      | $2973406.14   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust Inc                  | Healthcare Realty Trust Inc                  | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Short            | EC               |  | US        |   -213199 | NS      | $-3622251.01  | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                                     | AAON Inc                                     | CUSIP: 000360206<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -72396 | NS      | $-5990769.00  | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc               | Air Products and Chemicals Inc               | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Short            | EC               | CORP              | US        |    -95362 | NS      | $-27701707.38 | -1.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                                 | Illumina Inc                                 | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |     43219 | NS      | $5327173.94   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co                       | International Paper Co                       | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Short            | EC               | CORP              | US        |   -432538 | NS      | $-15441606.60 | -0.69%            |  |  |  | No            |                  1 | On Loan: No      |
| IonQ Inc                                     | IonQ Inc                                     | CUSIP: 46222L108<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -297753 | NS      | $-8584218.99  | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| LULULEMON ATHLETICA INC                      | Lululemon Athletica Inc                      | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |    289053 | NS      | $44254014.30  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Madrigal Pharmaceuticals Inc                 | Madrigal Pharmaceuticals Inc                 | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Short            | EC               | CORP              | US        |    -11333 | NS      | $-5932485.51  | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Magnite Inc                                  | Magnite Inc                                  | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Short            | EC               | CORP              | US        |   -192063 | NS      | $-2281708.44  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                            | Allstate Corp/The                            | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     22982 | NS      | $4765087.88   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc                  | Alnylam Pharmaceuticals Inc                  | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |     27832 | NS      | $9208773.84   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                | Alphabet Inc                                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     28584 | NS      | $8219615.04   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Amkor Technology Inc                         | Amkor Technology Inc                         | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               | CORP              | US        |    141497 | NS      | $6371609.91   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                                | Repligen Corp                                | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Short            | EC               | CORP              | US        |    -25625 | NS      | $-3019137.50  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc                              | Robert Half Inc                              | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |     25748 | NS      | $653999.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarepta Therapeutics Inc                     | Sarepta Therapeutics Inc                     | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Long             | EC               | CORP              | US        |    114447 | NS      | $2490366.72   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings Inc                 | Spectrum Brands Holdings Inc                 | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |     11873 | NS      | $875040.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Apellis Pharmaceuticals Inc                  | Apellis Pharmaceuticals Inc                  | CUSIP: 03753U106<br>LEI: 254900HS0ZFRXXSB9D42 | Short            | EC               | CORP              | US        |   -230231 | NS      | $-9262193.13  | -0.41%            |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands Inc                          | BellRing Brands Inc                          | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |    104646 | NS      | $1683754.14   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc                     | Super Micro Computer Inc                     | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Short            | EC               | CORP              | US        |   -366944 | NS      | $-8355314.88  | -0.37%            |  |  |  | No            |                  1 | On Loan: No      |
| TD Synnex Corp                               | SYNNEX Corp                                  | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     19659 | NS      | $3316669.89   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                               | Microsoft Corp                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      2933 | NS      | $1085708.61   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NeoGenomics Inc                              | NeoGenomics Inc                              | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    161250 | NS      | $1196475.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                              | T-Mobile US Inc                              | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Short            | EC               | CORP              | US        |    -52151 | NS      | $-10953274.53 | -0.49%            |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp                         | Targa Resources Corp                         | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     13785 | NS      | $3456313.05   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTPOWER INC                                | NEXTracker Inc                               | CUSIP: 65290E101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -17723 | NS      | $-2136507.65  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                                   | Nucor Corp                                   | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     14685 | NS      | $2483233.50   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical Inc                  | BioMarin Pharmaceutical Inc                  | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |     94176 | NS      | $5320002.24   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                   | Biogen Inc                                   | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      8333 | NS      | $1527688.89   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                          | Shift4 Payments Inc                          | CUSIP: 82452J109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -103611 | NS      | $-4530909.03  | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                                   | Stride Inc                                   | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Short            | EC               | CORP              | US        |   -110494 | NS      | $-9742255.98  | -0.43%            |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                                    | Toast Inc                                    | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |     40311 | NS      | $1068644.61   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubiquiti Inc                                 | Ubiquiti Inc                                 | CUSIP: 90353W103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -21627 | NS      | $-17091601.83 | -0.76%            |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc                     | Builders FirstSource Inc                     | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Short            | EC               | CORP              | US        |    -11912 | NS      | $-980714.96   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                          | Cheniere Energy Inc                          | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     46250 | NS      | $13123900.00  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.                    | Travelers Cos Inc/The                        | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |    192715 | NS      | $56211111.20  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                           | Vertiv Holdings Co                           | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     70522 | NS      | $17671402.76  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Health Systems Inc                 | Community Health Systems Inc                 | CUSIP: 203668108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    195181 | NS      | $573832.14    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton Inc                                | DR HORTON INC                                | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Short            | EC               | CORP              | US        |   -138404 | NS      | $-18991796.88 | -0.84%            |  |  |  | No            |                  1 | On Loan: No      |
| Duolingo Inc                                 | Duolingo Inc                                 | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    142057 | NS      | $14002558.49  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                         | Emerson Electric Co                          | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |      9158 | NS      | $1199881.16   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| UiPath Inc                                   | UiPath Inc                                   | CUSIP: 90364P105<br>LEI: 5493000YP61KBELDHT53 | Long             | EC               | CORP              | US        |     98260 | NS      | $1090686.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultragenyx Pharmaceutical Inc                | Ultragenyx Pharmaceutical Inc                | CUSIP: 90400D108<br>LEI: 529900EV44GVDN1DCX77 | Short            | EC               | CORP              | US        |    -99864 | NS      | $-2092150.80  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Unity Software Inc                           | Unity Software Inc                           | CUSIP: 91332U101<br>LEI: 549300D1ESJMGNQNG432 | Short            | EC               | CORP              | US        |    -89423 | NS      | $-1961940.62  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| VF Corp                                      | VF Corp                                      | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |    421391 | NS      | $7159433.09   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaxcyte Inc                                  | Vaxcyte Inc                                  | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Short            | EC               | CORP              | US        |   -402293 | NS      | $-23377246.23 | -1.04%            |  |  |  | No            |                  1 | On Loan: No      |
| WEX Inc                                      | WEX Inc                                      | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |      6521 | NS      | $997973.84    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                         | Vornado Realty Trust                         | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               |  | US        |     72073 | NS      | $1873177.27   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                                  | Waters Corp                                  | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Short            | EC               | CORP              | US        |    -21965 | NS      | $-6541177.00  | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                  | Workday Inc                                  | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |    120237 | NS      | $15621191.04  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Seadrill Ltd                                 | Seadrill Ltd                                 | CUSIP: 000000000<br>LEI: 213800EQ6L456U2JCO89 | Long             | EC               | CORP              | BM        |     50828 | NS      | $2312674.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Erie Indemnity Co                            | Erie Indemnity Co                            | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Short            | EC               | CORP              | US        |     -3290 | NS      | $-826809.90   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                              | First Solar Inc                              | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Short            | EC               | CORP              | US        |    -50482 | NS      | $-9958079.32  | -0.44%            |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                               | Five Below Inc                               | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |    190174 | NS      | $43450955.52  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health Inc                          | Guardant Health Inc                          | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |     58655 | NS      | $5417962.35   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity Inc                             | HealthEquity Inc                             | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Short            | EC               | CORP              | US        |    -68190 | NS      | $-5698638.30  | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                           | Home Depot Inc/The                           | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Short            | EC               | CORP              | US        |    -31507 | NS      | $-10362337.23 | -0.46%            |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                                 | Xylem Inc/NY                                 | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      4856 | NS      | $580292.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc                        | Jackson Financial Inc                        | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |    169344 | NS      | $17903047.68  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors Inc                            | Lithia Motors Inc                            | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Short            | EC               | CORP              | US        |     -8354 | NS      | $-2086160.88  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Moderna Inc                                  | Moderna Inc                                  | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |    777374 | NS      | $39490599.20  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Government Obligations Fund | Federated Hermes Government Obligations Fund | CUSIP: 608919718<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        | 223362631 | NS      | $223362630.85 | 9.92%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc.                                  | NetApp Inc                                   | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     84750 | NS      | $8677552.50   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp                        | ON Semiconductor Corp                        | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     99467 | NS      | $6158996.64   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                                   | PACCAR INC                                   | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Short            | EC               | CORP              | US        |   -137605 | NS      | $-15893377.50 | -0.71%            |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corp                            | Primo Brands Corp                            | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Short            | EC               | CORP              | US        |   -531799 | NS      | $-10013775.17 | -0.44%            |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                     | Raytheon Technologies Corp                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Short            | EC               | CORP              | US        |    -16819 | NS      | $-3244385.10  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Revolve Group Inc                            | Revolve Group Inc                            | CUSIP: 76156B107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     69866 | NS      | $1579670.26   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholar Rock Holding Corp                    | Scholar Rock Holding Corp                    | CUSIP: 80706P103<br>LEI: 549300Z1FLPGL4OWJ459 | Short            | EC               | CORP              | US        |    -14510 | NS      | $-713311.60   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation               | Charles Schwab Corp/The                      | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    372537 | NS      | $35011027.26  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Sirius XM Holdings Inc                       | Sirius XM Holdings Inc                       | CUSIP: 829933100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52671 | NS      | $1215646.68   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Therapeutics Inc                      | Summit Therapeutics Inc                      | CUSIP: 86627T108<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -234173 | NS      | $-4439920.08  | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The                           | Trade Desk Inc/The                           | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |   1334066 | NS      | $30269957.54  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| RealReal Inc/The                             | RealReal Inc/The                             | CUSIP: 88339P101<br>LEI: 549300O00VUGT4H1PE90 | Short            | EC               | CORP              | US        |    -82537 | NS      | $-749435.96   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Tidewater Inc New                            | Tidewater Inc                                | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |    105798 | NS      | $8839422.90   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                                  | Trex Co Inc                                  | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17622 | NS      | $641793.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc                 | United Airlines Holdings Inc                 | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |    180866 | NS      | $16652332.62  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services Inc             | West Pharmaceutical Services Inc             | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Short            | EC               | CORP              | US        |    -12707 | NS      | $-3184882.48  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corp                                | Westlake Chemical Corp                       | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Short            | EC               | CORP              | US        |    -27902 | NS      | $-3259511.64  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| ZoomInfo Technologies Inc                    | ZoomInfo Technologies Inc                    | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |    233307 | NS      | $1395175.86   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc.                     | Zoom Communications Inc                      | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     47882 | NS      | $3849233.98   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneco Ltd                                  | StoneCo Ltd                                  | CUSIP: 000000000<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               | CORP              | KY        |    251855 | NS      | $3556192.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                    | Adobe Inc                                    | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     92367 | NS      | $22452570.36  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro MicroSystems Inc                     | Allegro MicroSystems Inc                     | CUSIP: 01749D105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -152174 | NS      | $-4798046.22  | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc.                          | Analog Devices Inc                           | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     11453 | NS      | $3643657.42   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Enterprises Inc.                      | Apogee Enterprises Inc                       | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |     17485 | NS      | $586446.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp                         | Ares Management Corp                         | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Short            | EC               | CORP              | US        |   -340976 | NS      | $-37200481.60 | -1.65%            |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                          | Axon Enterprise Inc                          | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Short            | EC               | CORP              | US        |    -22384 | NS      | $-9506260.96  | -0.42%            |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                      | Berkshire Hathaway Inc                       | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Short            | EC               | CORP              | US        |   -119445 | NS      | $-57238044.00 | -2.54%            |  |  |  | No            |                  1 | On Loan: No      |
| BILL Holdings Inc                            | BILL Holdings Inc                            | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |     18644 | NS      | $714065.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Ltd              | Brookfield Asset Management Ltd              | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Short            | EC               | CORP              | CA        |   -334068 | NS      | $-14849322.60 | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                   | Capital One Financial Corp                   | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Short            | EC               | CORP              | US        |    -34258 | NS      | $-6249686.94  | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                                   | CarMax Inc                                   | CUSIP: 143130102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -90988 | NS      | $-3783281.04  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                               | Cava Group Inc                               | CUSIP: 148929102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -362555 | NS      | $-29330699.50 | -1.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                              | Caterpillar Inc                              | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Short            | EC               | CORP              | US        |     -8396 | NS      | $-5948230.16  | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corporation                         | Celanese Corp                                | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |    551845 | NS      | $36294845.65  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories International Inc | Charles River Laboratories International Inc | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |     38637 | NS      | $6664882.50   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc                   | Charter Communications Inc                   | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Short            | EC               | CORP              | US        |    -33605 | NS      | $-7254647.40  | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp                    | Constellation Energy Corp                    | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Short            | EC               | CORP              | US        |    -10987 | NS      | $-3068119.75  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                              | Core & Main Inc                              | CUSIP: 21874C102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -22192 | NS      | $-1096284.80  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                 | Danaher Corp                                 | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Short            | EC               | CORP              | US        |   -121330 | NS      | $-23004168.00 | -1.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Dave & Buster's Entertainment Inc            | Dave & Buster's Entertainment Inc            | CUSIP: 238337109<br>LEI: 529900WTVU85QZLYHR86 | Short            | EC               | CORP              | US        |    -63339 | NS      | $-685961.37   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                              | Dollar Tree Inc                              | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |    208745 | NS      | $22859664.95  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Inc                           | Domino's Pizza Inc                           | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |      1575 | NS      | $565094.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                                 | Entegris Inc                                 | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Short            | EC               | CORP              | US        |    -51958 | NS      | $-6091555.92  | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                           | Meta Platforms Inc                           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      7292 | NS      | $4171971.96   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor & Decor Holdings Inc                   | Floor & Decor Holdings Inc                   | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Short            | EC               | CORP              | US        |    -43390 | NS      | $-2204212.00  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                 | General Dynamics Corp                        | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      5545 | NS      | $1903154.90   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                               | Globe Life Inc                               | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |      5191 | NS      | $722431.47    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co                               | Halliburton Co                               | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     91313 | NS      | $3560293.87   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health Inc                       | Hims & Hers Health Inc                       | CUSIP: 433000106<br>LEI: 549300ZQ4ZUYSAAX6P59 | Short            | EC               | CORP              | US        |   -631537 | NS      | $-13110708.12 | -0.58%            |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                                  | HubSpot Inc                                  | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |     17633 | NS      | $4304215.30   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Immunovant Inc                               | Immunovant Inc                               | CUSIP: 45258J102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -79621 | NS      | $-1977785.64  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings Inc     | Knight-Swift Transportation Holdings Inc     | CUSIP: 499049104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -140311 | NS      | $-8079107.38  | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| MAPLEBEAR INC                                | Maplebear Inc                                | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    390738 | NS      | $14637045.48  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                                   | Masco Corp                                   | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     28293 | NS      | $1708048.41   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                          | Mercury Systems Inc                          | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Short            | EC               | CORP              | US        |    -21288 | NS      | $-1552108.08  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Strategy Inc                                 | MicroStrategy Inc                            | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Short            | EC               | CORP              | US        |   -244068 | NS      | $-30459686.40 | -1.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp                              | Murphy Oil Corp                              | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |     74661 | NS      | $3079766.25   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                          | Newmont Corp                                 | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    153210 | NS      | $16584982.50  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                                  | Nutanix Inc                                  | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Short            | EC               | CORP              | US        |   -212491 | NS      | $-8076782.91  | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Omnicell Inc                                 | Omnicell Inc                                 | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |     52286 | NS      | $1745306.68   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.             | Philip Morris International Inc              | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      9352 | NS      | $1546259.68   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Proto Labs Inc                               | Proto Labs Inc                               | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |     30228 | NS      | $1723600.56   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial, Inc.                   | Prudential Financial Inc                     | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |    118948 | NS      | $11620030.12  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                                   | Qualys Inc                                   | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |      8306 | NS      | $729682.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands International Inc          | Restaurant Brands International Inc          | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |     18498 | NS      | $1367002.20   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinclair Inc                                 | Sinclair Inc                                 | CUSIP: 829242106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -42787 | NS      | $-553663.78   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc                   | Sprouts Farmers Market Inc                   | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Short            | EC               | CORP              | US        |   -124626 | NS      | $-9612403.38  | -0.43%            |  |  |  | No            |                  1 | On Loan: No      |
| Sprout Social Inc.                           | Sprout Social Inc                            | CUSIP: 85209W109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -103062 | NS      | $-587453.40   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                           | State Street Corp                            | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    167080 | NS      | $21145644.80  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                           | Steel Dynamics Inc                           | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     14011 | NS      | $2521980.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                          | Synchrony Financial                          | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     87445 | NS      | $5948008.90   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc                       | TKO Group Holdings Inc                       | CUSIP: 87256C101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -81088 | NS      | $-16351395.20 | -0.73%            |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                                 | Tapestry Inc                                 | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      9161 | NS      | $1292708.71   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc.                                | Teradyne Inc                                 | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |    152020 | NS      | $45067849.20  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc.                               | Welltower Inc                                | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     34222 | NS      | $6766031.62   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group Inc                             | Zillow Group Inc                             | CUSIP: 98954M101<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |     44244 | NS      | $1831259.16   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC           | Johnson Controls International plc           | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     18691 | NS      | $2447586.45   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresh Del Monte Produce Inc                  | Fresh Del Monte Produce Inc                  | CUSIP: 000000000<br>LEI: 529900I72V9F0FEZR228 | Short            | EC               | CORP              | KY        |    -14690 | NS      | $-591419.40   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-22

**Name of Applicant:** Federated Hermes Adviser Series

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Adviser Series

**Title:** Chief Compliance Officer