# EDGAR Filing Document

**Accession Number:** 0001217286
**File Stem:** 0002071691-25-007756
**Filing Date:** 2025-11
**Character Count:** 313034
**Document Hash:** 75633b9c3764b5e025209a77bfd222fd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-007756.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0002071691-25-007756

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JPMorgan Trust I
- **CENTRAL INDEX KEY:** 0001217286

**ORGANIZATION NAME:**
- **EIN:** 331043149
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21295
- **FILM NUMBER:** 251528349

**BUSINESS ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172
- **BUSINESS PHONE:** 800-480-4111

**MAIL ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JP MORGAN MUTUAL FUND SERIES
- **DATE OF NAME CHANGE:** 20030204

## Series and Classes Contracts Data

### JPMorgan U.S. Small Company Fund (Series ID: S000002795)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000007656 | Class I      | JSCSX           |
| C000007657 | Class L      | JUSSX           |
| C000054337 | Class A      | JTUAX           |
| C000054338 | Class C      | JTUCX           |
| C000106052 | Class R2     | JSCZX           |
| C000106053 | Class R6     | JUSMX           |
| C000173220 | Class R5     | JUSYX           |
| C000173557 | Class R3     | JUSPX           |
| C000173558 | Class R4     | JUSQX           |

## Nport-Ex

**JPMorgan U.S. Small Company Fund**

**Schedule of Portfolio Investments as of September 30, 2025**

**(Unaudited)** 

---

| |
|:---|
| &nbsp;&nbsp; THE "UNAUDITED MUTUAL FUNDS HOLDINGS" LIST ("the <br> List") IS TO BE USED FOR REPORTING PURPOSES ONLY. IT IS <br> NOT TO BE REPRODUCED FOR USE AS ADVERTISING OR <br> SALES LITERATURE WITH THE GENERAL PUBLIC. The list is <br> submitted for the general information of the shareholders of the Fund. <br> It is not authorized for distribution to prospective investors in the Fund <br> unless preceded or accompanied by a prospectus. The list has been <br> created from the books and records of the Fund. Holdings are <br> available 60 days after the fund's fiscal quarter, using a trade date <br> accounting convention, by contacting the appropriate service center. <br> The list is subject to change without notice. The list is for <br> informational purposes only and is not intended as an offer or <br> solicitation with respect to the purchase or sale of any security.<br>|
| &nbsp;&nbsp; JPMorgan Asset Management is the marketing name for the asset <br> management business of J.P. Morgan Chase & Co.<br>|
| J.P. Morgan Distribution Services, Inc., member FINRA. |
|© J.P. Morgan Chase & Co., 2025. |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE** <br>**($000)**<br>|
| **Common Stocks — 98.4%** | **Common Stocks — 98.4%** | **Common Stocks — 98.4%** |
| **Aerospace & Defense — 1.1%** | **Aerospace & Defense — 1.1%** | **Aerospace & Defense — 1.1%** |
| &nbsp;&nbsp;&nbsp; AeroVironment, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 2588 |
| &nbsp;&nbsp;&nbsp; Archer Aviation, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 175 | &nbsp;&nbsp;&nbsp;&nbsp; 1676 |
| &nbsp;&nbsp;&nbsp; Firefly Aerospace, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 64 | &nbsp;&nbsp;&nbsp;&nbsp; 1874 |
| &nbsp;&nbsp;&nbsp; Moog, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 2070 |
| &nbsp;&nbsp;&nbsp; Park Aerospace Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 356 |
| &nbsp;&nbsp;&nbsp; Rocket Lab Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 1501 |
| &nbsp;&nbsp;&nbsp; StandardAero, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 30 | &nbsp;&nbsp;&nbsp;&nbsp; 831 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 10896 |
| **Air Freight & Logistics — 0.1%** | **Air Freight & Logistics — 0.1%** | **Air Freight & Logistics — 0.1%** |
| &nbsp;&nbsp;&nbsp; Radiant Logistics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 81 | &nbsp;&nbsp;&nbsp;&nbsp; 476 |
| **Automobile Components — 1.8%** | **Automobile Components — 1.8%** | **Automobile Components — 1.8%** |
| &nbsp;&nbsp;&nbsp; Adient plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 159 | &nbsp;&nbsp;&nbsp;&nbsp; 3828 |
| &nbsp;&nbsp;&nbsp; Dana, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 111 | &nbsp;&nbsp;&nbsp;&nbsp; 2215 |
| &nbsp;&nbsp;&nbsp; Garrett Motion, Inc. (Switzerland) | &nbsp;&nbsp;&nbsp;&nbsp; 183 | &nbsp;&nbsp;&nbsp;&nbsp; 2498 |
| &nbsp;&nbsp;&nbsp; Modine Manufacturing Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 49 | &nbsp;&nbsp;&nbsp;&nbsp; 6923 |
| &nbsp;&nbsp;&nbsp; Phinia, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp; 2159 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 17623 |
| **Banks — 9.7%** | **Banks — 9.7%** | **Banks — 9.7%** |
| &nbsp;&nbsp;&nbsp; Amalgamated Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 176 |
| &nbsp;&nbsp;&nbsp; Amerant Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 635 |
| &nbsp;&nbsp;&nbsp; Ameris Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 51 | &nbsp;&nbsp;&nbsp;&nbsp; 3723 |
| &nbsp;&nbsp;&nbsp; Associated Banc-Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp; 398 |
| &nbsp;&nbsp;&nbsp; Atlantic Union Bankshares Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 346 |
| &nbsp;&nbsp;&nbsp; Axos Financial, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 27 | &nbsp;&nbsp;&nbsp;&nbsp; 2287 |
| &nbsp;&nbsp;&nbsp; Banc of California, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 182 | &nbsp;&nbsp;&nbsp;&nbsp; 3011 |
| &nbsp;&nbsp;&nbsp; Bank of NT Butterfield & Son Ltd. (The) (Bermuda) | &nbsp;&nbsp;&nbsp;&nbsp; 109 | &nbsp;&nbsp;&nbsp;&nbsp; 4681 |
| &nbsp;&nbsp;&nbsp; BankUnited, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 753 |
| &nbsp;&nbsp;&nbsp; BayCom Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp; 90 |
| &nbsp;&nbsp;&nbsp; Beacon Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 661 |
| &nbsp;&nbsp;&nbsp; Bridgewater Bancshares, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 342 |
| &nbsp;&nbsp;&nbsp; Burke & Herbert Financial Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 238 |
| &nbsp;&nbsp;&nbsp; Business First Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 902 |
| &nbsp;&nbsp;&nbsp; Byline Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 88 | &nbsp;&nbsp;&nbsp;&nbsp; 2442 |
| &nbsp;&nbsp;&nbsp; Cadence Bank | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 660 |
| &nbsp;&nbsp;&nbsp; Capital City Bank Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 194 |
| &nbsp;&nbsp;&nbsp; Capitol Federal Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 180 |
| &nbsp;&nbsp;&nbsp; Central Pacific Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 12 | &nbsp;&nbsp;&nbsp;&nbsp; 371 |
| &nbsp;&nbsp;&nbsp; ChoiceOne Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 235 |
| &nbsp;&nbsp;&nbsp; CNB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 47 | &nbsp;&nbsp;&nbsp;&nbsp; 1141 |
| &nbsp;&nbsp;&nbsp; ConnectOne Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 82 | &nbsp;&nbsp;&nbsp;&nbsp; 2028 |
| &nbsp;&nbsp;&nbsp; Customers Bancorp, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 69 | &nbsp;&nbsp;&nbsp;&nbsp; 4496 |
| &nbsp;&nbsp;&nbsp; Dime Community Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 301 |
| &nbsp;&nbsp;&nbsp; Eastern Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 228 | &nbsp;&nbsp;&nbsp;&nbsp; 4147 |
| &nbsp;&nbsp;&nbsp; Enterprise Financial Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; 2783 |
| &nbsp;&nbsp;&nbsp; Equity Bancshares, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 52 | &nbsp;&nbsp;&nbsp;&nbsp; 2126 |
| &nbsp;&nbsp;&nbsp; FB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 521 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Banks — continued** | **Banks — continued** | **Banks — continued** |
| &nbsp;&nbsp;&nbsp; Financial Institutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 54 | &nbsp;&nbsp;&nbsp;&nbsp; 1473 |
| &nbsp;&nbsp;&nbsp; First BanCorp (Puerto Rico) | &nbsp;&nbsp;&nbsp;&nbsp; 126 | &nbsp;&nbsp;&nbsp;&nbsp; 2772 |
| &nbsp;&nbsp;&nbsp; First Financial Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 344 |
| &nbsp;&nbsp;&nbsp; First Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 1018 |
| &nbsp;&nbsp;&nbsp; First Interstate BancSystem, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 240 |
| &nbsp;&nbsp;&nbsp; First Merchants Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp; 1706 |
| &nbsp;&nbsp;&nbsp; First Mid Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 29 | &nbsp;&nbsp;&nbsp;&nbsp; 1101 |
| &nbsp;&nbsp;&nbsp; Hancock Whitney Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 1444 |
| &nbsp;&nbsp;&nbsp; Hanmi Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 1477 |
| &nbsp;&nbsp;&nbsp; HBT Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 89 |
| &nbsp;&nbsp;&nbsp; Heritage Commerce Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 166 | &nbsp;&nbsp;&nbsp;&nbsp; 1647 |
| &nbsp;&nbsp;&nbsp; Hilltop Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp; 1156 |
| &nbsp;&nbsp;&nbsp; HomeTrust Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 200 |
| &nbsp;&nbsp;&nbsp; Horizon Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp; 719 |
| &nbsp;&nbsp;&nbsp; Independent Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 785 |
| &nbsp;&nbsp;&nbsp; Mercantile Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; 1539 |
| &nbsp;&nbsp;&nbsp; Metropolitan Bank Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 1841 |
| &nbsp;&nbsp;&nbsp; Mid Penn Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp; 88 |
| &nbsp;&nbsp;&nbsp; MidWestOne Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 526 |
| &nbsp;&nbsp;&nbsp; National Bank Holdings Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 488 |
| &nbsp;&nbsp;&nbsp; Northrim BanCorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 524 |
| &nbsp;&nbsp;&nbsp; OceanFirst Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 118 | &nbsp;&nbsp;&nbsp;&nbsp; 2073 |
| &nbsp;&nbsp;&nbsp; OFG Bancorp (Puerto Rico) | &nbsp;&nbsp;&nbsp;&nbsp; 42 | &nbsp;&nbsp;&nbsp;&nbsp; 1822 |
| &nbsp;&nbsp;&nbsp; Old National Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 154 | &nbsp;&nbsp;&nbsp;&nbsp; 3380 |
| &nbsp;&nbsp;&nbsp; Old Second Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 92 | &nbsp;&nbsp;&nbsp;&nbsp; 1591 |
| &nbsp;&nbsp;&nbsp; Origin Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 644 |
| &nbsp;&nbsp;&nbsp; Pathward Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 52 | &nbsp;&nbsp;&nbsp;&nbsp; 3860 |
| &nbsp;&nbsp;&nbsp; Peapack-Gladstone Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 280 |
| &nbsp;&nbsp;&nbsp; Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp; 261 |
| &nbsp;&nbsp;&nbsp; Provident Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 351 |
| &nbsp;&nbsp;&nbsp; QCR Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 32 | &nbsp;&nbsp;&nbsp;&nbsp; 2399 |
| &nbsp;&nbsp;&nbsp; Renasant Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 16 | &nbsp;&nbsp;&nbsp;&nbsp; 605 |
| &nbsp;&nbsp;&nbsp; Simmons First National Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 47 | &nbsp;&nbsp;&nbsp;&nbsp; 902 |
| &nbsp;&nbsp;&nbsp; SmartFinancial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 187 |
| &nbsp;&nbsp;&nbsp; South Plains Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp; 2724 |
| &nbsp;&nbsp;&nbsp; Southern Missouri Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 334 |
| &nbsp;&nbsp;&nbsp; Southside Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 489 |
| &nbsp;&nbsp;&nbsp; SOUTHSTATE BANK Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 600 |
| &nbsp;&nbsp;&nbsp; Texas Capital Bancshares, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 860 |
| &nbsp;&nbsp;&nbsp; Towne Bank | &nbsp;&nbsp;&nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 1057 |
| &nbsp;&nbsp;&nbsp; TriCo Bancshares | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 758 |
| &nbsp;&nbsp;&nbsp; Trustmark Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 253 |
| &nbsp;&nbsp;&nbsp; UMB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 2003 |
| &nbsp;&nbsp;&nbsp; United Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 502 |
| &nbsp;&nbsp;&nbsp; United Community Banks, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 349 |
| &nbsp;&nbsp;&nbsp; Unity Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 537 |
| &nbsp;&nbsp;&nbsp; Univest Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 658 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Banks — continued** | **Banks — continued** | **Banks — continued** |
| &nbsp;&nbsp;&nbsp; Veritex Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 595 |
| &nbsp;&nbsp;&nbsp; WesBanco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 689 |
| &nbsp;&nbsp;&nbsp; Wintrust Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 12 | &nbsp;&nbsp;&nbsp;&nbsp; 1645 |
| &nbsp;&nbsp;&nbsp; WSFS Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 434 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 93887 |
| **Beverages — 0.2%** | **Beverages — 0.2%** | **Beverages — 0.2%** |
| &nbsp;&nbsp;&nbsp; Primo Brands Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 563 |
| &nbsp;&nbsp;&nbsp; Vita Coco Co., Inc. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp; 1489 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2052 |
| **Biotechnology — 7.2%** | **Biotechnology — 7.2%** | **Biotechnology — 7.2%** |
| &nbsp;&nbsp;&nbsp; ACADIA Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 71 | &nbsp;&nbsp;&nbsp;&nbsp; 1514 |
| &nbsp;&nbsp;&nbsp; Akero Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp; 3335 |
| &nbsp;&nbsp;&nbsp; Alkermes plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 102 | &nbsp;&nbsp;&nbsp;&nbsp; 3045 |
| &nbsp;&nbsp;&nbsp; Amicus Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 217 | &nbsp;&nbsp;&nbsp;&nbsp; 1714 |
| &nbsp;&nbsp;&nbsp; Arrowhead Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp;&nbsp;&nbsp; 5165 |
| &nbsp;&nbsp;&nbsp; Avidity Biosciences, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 74 | &nbsp;&nbsp;&nbsp;&nbsp; 3210 |
| &nbsp;&nbsp;&nbsp; BioCryst Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 161 | &nbsp;&nbsp;&nbsp;&nbsp; 1219 |
| &nbsp;&nbsp;&nbsp; Bridgebio Pharma, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 54 | &nbsp;&nbsp;&nbsp;&nbsp; 2818 |
| &nbsp;&nbsp;&nbsp; Catalyst Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 85 | &nbsp;&nbsp;&nbsp;&nbsp; 1674 |
| &nbsp;&nbsp;&nbsp; Celldex Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 529 |
| &nbsp;&nbsp;&nbsp; CG oncology, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 71 | &nbsp;&nbsp;&nbsp;&nbsp; 2857 |
| &nbsp;&nbsp;&nbsp; CRISPR Therapeutics AG (Switzerland) \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; 3123 |
| &nbsp;&nbsp;&nbsp; Dynavax Technologies Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 115 | &nbsp;&nbsp;&nbsp;&nbsp; 1142 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 1828 |
| &nbsp;&nbsp;&nbsp; Janux Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 55 | &nbsp;&nbsp;&nbsp;&nbsp; 1339 |
| &nbsp;&nbsp;&nbsp; Korro Bio, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 79 | &nbsp;&nbsp;&nbsp;&nbsp; 3766 |
| &nbsp;&nbsp;&nbsp; Krystal Biotech, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 2379 |
| &nbsp;&nbsp;&nbsp; Kymera Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 58 | &nbsp;&nbsp;&nbsp;&nbsp; 3301 |
| &nbsp;&nbsp;&nbsp; Madrigal Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 4714 |
| &nbsp;&nbsp;&nbsp; Mirum Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 995 |
| &nbsp;&nbsp;&nbsp; Nuvalent, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 908 |
| &nbsp;&nbsp;&nbsp; ORIC Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 260 | &nbsp;&nbsp;&nbsp;&nbsp; 3121 |
| &nbsp;&nbsp;&nbsp; Prothena Corp. plc (Ireland) \* | &nbsp;&nbsp;&nbsp;&nbsp; 173 | &nbsp;&nbsp;&nbsp;&nbsp; 1690 |
| &nbsp;&nbsp;&nbsp; PTC Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 1366 |
| &nbsp;&nbsp;&nbsp; Scholar Rock Holding Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 71 | &nbsp;&nbsp;&nbsp;&nbsp; 2643 |
| &nbsp;&nbsp;&nbsp; Travere Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 83 | &nbsp;&nbsp;&nbsp;&nbsp; 1978 |
| &nbsp;&nbsp;&nbsp; Twist Bioscience Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 177 |
| &nbsp;&nbsp;&nbsp; Tyra Biosciences, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 334 |
| &nbsp;&nbsp;&nbsp; Vaxcyte, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 118 | &nbsp;&nbsp;&nbsp;&nbsp; 4268 |
| &nbsp;&nbsp;&nbsp; Veracyte, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 97 | &nbsp;&nbsp;&nbsp;&nbsp; 3314 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 69466 |
| **Broadline Retail — 0.1%** | **Broadline Retail — 0.1%** | **Broadline Retail — 0.1%** |
| &nbsp;&nbsp;&nbsp; Kohl's Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 922 |
| **Building Products — 1.3%** | **Building Products — 1.3%** | **Building Products — 1.3%** |
| &nbsp;&nbsp;&nbsp; Apogee Enterprises, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 471 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Building Products — continued** | **Building Products — continued** | **Building Products — continued** |
| &nbsp;&nbsp;&nbsp; Griffon Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 59 | &nbsp;&nbsp;&nbsp;&nbsp; 4517 |
| &nbsp;&nbsp;&nbsp; Masterbrand, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; 629 |
| &nbsp;&nbsp;&nbsp; Resideo Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 82 | &nbsp;&nbsp;&nbsp;&nbsp; 3556 |
| &nbsp;&nbsp;&nbsp; Simpson Manufacturing Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2 | &nbsp;&nbsp;&nbsp;&nbsp; 353 |
| &nbsp;&nbsp;&nbsp; UFP Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 29 | &nbsp;&nbsp;&nbsp;&nbsp; 2711 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 12237 |
| **Capital Markets — 1.9%** | **Capital Markets — 1.9%** | **Capital Markets — 1.9%** |
| &nbsp;&nbsp;&nbsp; Acadian Asset Management, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 473 |
| &nbsp;&nbsp;&nbsp; BGC Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 277 | &nbsp;&nbsp;&nbsp;&nbsp; 2625 |
| &nbsp;&nbsp;&nbsp; Bullish (Cayman Islands) \* | &nbsp;&nbsp;&nbsp;&nbsp; 32 | &nbsp;&nbsp;&nbsp;&nbsp; 2053 |
| &nbsp;&nbsp;&nbsp; DigitalBridge Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 56 | &nbsp;&nbsp;&nbsp;&nbsp; 651 |
| &nbsp;&nbsp;&nbsp; Donnelley Financial Solutions, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 1698 |
| &nbsp;&nbsp;&nbsp; Marex Group plc (United Kingdom) | &nbsp;&nbsp;&nbsp;&nbsp; 46 | &nbsp;&nbsp;&nbsp;&nbsp; 1541 |
| &nbsp;&nbsp;&nbsp; Moelis & Co., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 913 |
| &nbsp;&nbsp;&nbsp; Piper Sandler Cos. | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 1555 |
| &nbsp;&nbsp;&nbsp; StepStone Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 368 |
| &nbsp;&nbsp;&nbsp; StoneX Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp; 4053 |
| &nbsp;&nbsp;&nbsp; Victory Capital Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp; 986 |
| &nbsp;&nbsp;&nbsp; Virtus Investment Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 1305 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 18221 |
| **Chemicals — 1.9%** | **Chemicals — 1.9%** | **Chemicals — 1.9%** |
| &nbsp;&nbsp;&nbsp; Avient Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp; 1150 |
| &nbsp;&nbsp;&nbsp; Balchem Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 3747 |
| &nbsp;&nbsp;&nbsp; Chemours Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 49 | &nbsp;&nbsp;&nbsp;&nbsp; 779 |
| &nbsp;&nbsp;&nbsp; Ecovyst, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp; 133 |
| &nbsp;&nbsp;&nbsp; Hawkins, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 1145 |
| &nbsp;&nbsp;&nbsp; HB Fuller Co. | &nbsp;&nbsp;&nbsp;&nbsp; 54 | &nbsp;&nbsp;&nbsp;&nbsp; 3192 |
| &nbsp;&nbsp;&nbsp; Innospec, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 1443 |
| &nbsp;&nbsp;&nbsp; Mativ Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 83 | &nbsp;&nbsp;&nbsp;&nbsp; 941 |
| &nbsp;&nbsp;&nbsp; Orion SA (Germany) | &nbsp;&nbsp;&nbsp;&nbsp; 81 | &nbsp;&nbsp;&nbsp;&nbsp; 611 |
| &nbsp;&nbsp;&nbsp; Perimeter Solutions, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 188 | &nbsp;&nbsp;&nbsp;&nbsp; 4222 |
| &nbsp;&nbsp;&nbsp; Quaker Chemical Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 1057 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 18420 |
| **Commercial Services & Supplies — 1.6%** | **Commercial Services & Supplies — 1.6%** | **Commercial Services & Supplies — 1.6%** |
| &nbsp;&nbsp;&nbsp; ABM Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 97 | &nbsp;&nbsp;&nbsp;&nbsp; 4478 |
| &nbsp;&nbsp;&nbsp; ACV Auctions, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 238 | &nbsp;&nbsp;&nbsp;&nbsp; 2361 |
| &nbsp;&nbsp;&nbsp; Brink's Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 2030 |
| &nbsp;&nbsp;&nbsp; Cimpress plc (Ireland) \* | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 446 |
| &nbsp;&nbsp;&nbsp; MillerKnoll, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 71 | &nbsp;&nbsp;&nbsp;&nbsp; 1261 |
| &nbsp;&nbsp;&nbsp; Steelcase, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 125 | &nbsp;&nbsp;&nbsp;&nbsp; 2150 |
| &nbsp;&nbsp;&nbsp; Tetra Tech, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 72 | &nbsp;&nbsp;&nbsp;&nbsp; 2396 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 15122 |
| **Communications Equipment — 0.9%** | **Communications Equipment — 0.9%** | **Communications Equipment — 0.9%** |
| &nbsp;&nbsp;&nbsp; ADTRAN Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 119 | &nbsp;&nbsp;&nbsp;&nbsp; 1121 |
| &nbsp;&nbsp;&nbsp; Clearfield, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 71 | &nbsp;&nbsp;&nbsp;&nbsp; 2426 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Communications Equipment — continued** | **Communications Equipment — continued** | **Communications Equipment — continued** |
| &nbsp;&nbsp;&nbsp; CommScope Holding Co., Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 117 | &nbsp;&nbsp;&nbsp;&nbsp; 1804 |
| &nbsp;&nbsp;&nbsp; Extreme Networks, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 47 | &nbsp;&nbsp;&nbsp;&nbsp; 974 |
| &nbsp;&nbsp;&nbsp; NETGEAR, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 1232 |
| &nbsp;&nbsp;&nbsp; Viasat, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 1119 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8676 |
| **Construction & Engineering — 5.2%** | **Construction & Engineering — 5.2%** | **Construction & Engineering — 5.2%** |
| &nbsp;&nbsp;&nbsp; API Group Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 165 | &nbsp;&nbsp;&nbsp;&nbsp; 5680 |
| &nbsp;&nbsp;&nbsp; Arcosa, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 3121 |
| &nbsp;&nbsp;&nbsp; Dycom Industries, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 6888 |
| &nbsp;&nbsp;&nbsp; Fluor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 75 | &nbsp;&nbsp;&nbsp;&nbsp; 3136 |
| &nbsp;&nbsp;&nbsp; Granite Construction, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 1224 |
| &nbsp;&nbsp;&nbsp; IES Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 2800 |
| &nbsp;&nbsp;&nbsp; Matrix Service Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 786 |
| &nbsp;&nbsp;&nbsp; MYR Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 6863 |
| &nbsp;&nbsp;&nbsp; NWPX Infrastructure, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 410 |
| &nbsp;&nbsp;&nbsp; Orion Group Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 74 | &nbsp;&nbsp;&nbsp;&nbsp; 617 |
| &nbsp;&nbsp;&nbsp; Primoris Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 67 | &nbsp;&nbsp;&nbsp;&nbsp; 9136 |
| &nbsp;&nbsp;&nbsp; Sterling Infrastructure, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 6894 |
| &nbsp;&nbsp;&nbsp; Tutor Perini Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 2171 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 49726 |
| **Consumer Finance — 1.0%** | **Consumer Finance — 1.0%** | **Consumer Finance — 1.0%** |
| &nbsp;&nbsp;&nbsp; Enova International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp; 4626 |
| &nbsp;&nbsp;&nbsp; FirstCash Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 961 |
| &nbsp;&nbsp;&nbsp; LendingClub Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp; 569 |
| &nbsp;&nbsp;&nbsp; LendingTree, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 248 |
| &nbsp;&nbsp;&nbsp; Navient Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; 280 |
| &nbsp;&nbsp;&nbsp; Nelnet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 489 |
| &nbsp;&nbsp;&nbsp; NerdWallet, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 183 |
| &nbsp;&nbsp;&nbsp; PROG Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 27 | &nbsp;&nbsp;&nbsp;&nbsp; 873 |
| &nbsp;&nbsp;&nbsp; Upstart Holdings, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; 1710 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9939 |
| **Consumer Staples Distribution & Retail — 0.4%** | **Consumer Staples Distribution & Retail — 0.4%** | **Consumer Staples Distribution & Retail — 0.4%** |
| &nbsp;&nbsp;&nbsp; Andersons, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 874 |
| &nbsp;&nbsp;&nbsp; Chefs' Warehouse, Inc. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 2095 |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 1149 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4118 |
| **Containers & Packaging — 0.3%** | **Containers & Packaging — 0.3%** | **Containers & Packaging — 0.3%** |
| &nbsp;&nbsp;&nbsp; Greif, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 1683 |
| &nbsp;&nbsp;&nbsp; O-I Glass, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 101 | &nbsp;&nbsp;&nbsp;&nbsp; 1310 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2993 |
| **Distributors — 0.1%** | **Distributors — 0.1%** | **Distributors — 0.1%** |
| &nbsp;&nbsp;&nbsp; GigaCloud Technology, Inc., Class A (Hong Kong) \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 44 | &nbsp;&nbsp;&nbsp;&nbsp; 1257 |
| **Diversified Consumer Services — 1.7%** | **Diversified Consumer Services — 1.7%** | **Diversified Consumer Services — 1.7%** |
| &nbsp;&nbsp;&nbsp; Adtalem Global Education, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; 3198 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Diversified Consumer Services — continued** | **Diversified Consumer Services — continued** | **Diversified Consumer Services — continued** |
| &nbsp;&nbsp;&nbsp; Laureate Education, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 86 | &nbsp;&nbsp;&nbsp;&nbsp; 2715 |
| &nbsp;&nbsp;&nbsp; McGraw Hill, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 255 | &nbsp;&nbsp;&nbsp;&nbsp; 3195 |
| &nbsp;&nbsp;&nbsp; OneSpaWorld Holdings Ltd. (Bahamas) | &nbsp;&nbsp;&nbsp;&nbsp; 93 | &nbsp;&nbsp;&nbsp;&nbsp; 1968 |
| &nbsp;&nbsp;&nbsp; Stride, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 3429 |
| &nbsp;&nbsp;&nbsp; Udemy, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 296 | &nbsp;&nbsp;&nbsp;&nbsp; 2075 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 16580 |
| **Diversified REITs — 1.0%** | **Diversified REITs — 1.0%** | **Diversified REITs — 1.0%** |
| &nbsp;&nbsp;&nbsp; Alexander & Baldwin, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 189 | &nbsp;&nbsp;&nbsp;&nbsp; 3440 |
| &nbsp;&nbsp;&nbsp; American Assets Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 349 |
| &nbsp;&nbsp;&nbsp; Armada Hoffler Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 29 |
| &nbsp;&nbsp;&nbsp; Broadstone Net Lease, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 110 | &nbsp;&nbsp;&nbsp;&nbsp; 1965 |
| &nbsp;&nbsp;&nbsp; Essential Properties Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 134 | &nbsp;&nbsp;&nbsp;&nbsp; 3981 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9764 |
| **Diversified Telecommunication Services — 0.4%** | **Diversified Telecommunication Services — 0.4%** | **Diversified Telecommunication Services — 0.4%** |
| &nbsp;&nbsp;&nbsp; Globalstar, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 504 |
| &nbsp;&nbsp;&nbsp; Iridium Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 193 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 565 | &nbsp;&nbsp;&nbsp;&nbsp; 3461 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4158 |
| **Electric Utilities — 1.1%** | **Electric Utilities — 1.1%** | **Electric Utilities — 1.1%** |
| &nbsp;&nbsp;&nbsp; Genie Energy Ltd., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 301 |
| &nbsp;&nbsp;&nbsp; IDACORP, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 3273 |
| &nbsp;&nbsp;&nbsp; Oklo, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 1424 |
| &nbsp;&nbsp;&nbsp; Otter Tail Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp; 2885 |
| &nbsp;&nbsp;&nbsp; Portland General Electric Co. | &nbsp;&nbsp;&nbsp;&nbsp; 55 | &nbsp;&nbsp;&nbsp;&nbsp; 2408 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 10291 |
| **Electrical Equipment — 1.4%** | **Electrical Equipment — 1.4%** | **Electrical Equipment — 1.4%** |
| &nbsp;&nbsp;&nbsp; Atkore, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 29 | &nbsp;&nbsp;&nbsp;&nbsp; 1823 |
| &nbsp;&nbsp;&nbsp; Bloom Energy Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 2044 |
| &nbsp;&nbsp;&nbsp; EnerSys | &nbsp;&nbsp;&nbsp;&nbsp; 44 | &nbsp;&nbsp;&nbsp;&nbsp; 4929 |
| &nbsp;&nbsp;&nbsp; Fluence Energy, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 39 | &nbsp;&nbsp;&nbsp;&nbsp; 422 |
| &nbsp;&nbsp;&nbsp; NEXTracker, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 1319 |
| &nbsp;&nbsp;&nbsp; NuScale Power Corp. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 707 |
| &nbsp;&nbsp;&nbsp; Sunrun, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 1038 |
| &nbsp;&nbsp;&nbsp; Thermon Group Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 46 | &nbsp;&nbsp;&nbsp;&nbsp; 1244 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 13526 |
| **Electronic Equipment, Instruments & Components — 3.0%** | **Electronic Equipment, Instruments & Components — 3.0%** | **Electronic Equipment, Instruments & Components — 3.0%** |
| &nbsp;&nbsp;&nbsp; Arlo Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 159 | &nbsp;&nbsp;&nbsp;&nbsp; 2691 |
| &nbsp;&nbsp;&nbsp; Fabrinet (Thailand) \* | &nbsp;&nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp; 5397 |
| &nbsp;&nbsp;&nbsp; Insight Enterprises, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 2314 |
| &nbsp;&nbsp;&nbsp; Knowles Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 98 | &nbsp;&nbsp;&nbsp;&nbsp; 2284 |
| &nbsp;&nbsp;&nbsp; nLight, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 54 | &nbsp;&nbsp;&nbsp;&nbsp; 1592 |
| &nbsp;&nbsp;&nbsp; Plexus Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 3443 |
| &nbsp;&nbsp;&nbsp; Sanmina Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 71 | &nbsp;&nbsp;&nbsp;&nbsp; 8132 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Electronic Equipment, Instruments & Components — continued** | **Electronic Equipment, Instruments & Components — continued** | **Electronic Equipment, Instruments & Components — continued** |
| &nbsp;&nbsp;&nbsp; ScanSource, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 1164 |
| &nbsp;&nbsp;&nbsp; Vishay Intertechnology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 125 | &nbsp;&nbsp;&nbsp;&nbsp; 1916 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 28933 |
| **Energy Equipment & Services — 1.3%** | **Energy Equipment & Services — 1.3%** | **Energy Equipment & Services — 1.3%** |
| &nbsp;&nbsp;&nbsp; Bristow Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 462 |
| &nbsp;&nbsp;&nbsp; Cactus, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 236 |
| &nbsp;&nbsp;&nbsp; Forum Energy Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 49 | &nbsp;&nbsp;&nbsp;&nbsp; 1316 |
| &nbsp;&nbsp;&nbsp; Liberty Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 191 | &nbsp;&nbsp;&nbsp;&nbsp; 2353 |
| &nbsp;&nbsp;&nbsp; Noble Corp. plc | &nbsp;&nbsp;&nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 863 |
| &nbsp;&nbsp;&nbsp; Oceaneering International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 66 | &nbsp;&nbsp;&nbsp;&nbsp; 1636 |
| &nbsp;&nbsp;&nbsp; Oil States International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 212 | &nbsp;&nbsp;&nbsp;&nbsp; 1287 |
| &nbsp;&nbsp;&nbsp; Patterson-UTI Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 65 | &nbsp;&nbsp;&nbsp;&nbsp; 338 |
| &nbsp;&nbsp;&nbsp; ProPetro Holding Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 66 | &nbsp;&nbsp;&nbsp;&nbsp; 348 |
| &nbsp;&nbsp;&nbsp; Ranger Energy Services, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 74 | &nbsp;&nbsp;&nbsp;&nbsp; 1038 |
| &nbsp;&nbsp;&nbsp; Transocean Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 450 | &nbsp;&nbsp;&nbsp;&nbsp; 1403 |
| &nbsp;&nbsp;&nbsp; Valaris Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 546 |
| &nbsp;&nbsp;&nbsp; Weatherford International plc | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 970 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 12796 |
| **Entertainment — 0.2%** | **Entertainment — 0.2%** | **Entertainment — 0.2%** |
| &nbsp;&nbsp;&nbsp; AMC Entertainment Holdings, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 230 | &nbsp;&nbsp;&nbsp;&nbsp; 667 |
| &nbsp;&nbsp;&nbsp; Eventbrite, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 305 | &nbsp;&nbsp;&nbsp;&nbsp; 768 |
| &nbsp;&nbsp;&nbsp; IMAX Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 445 |
| &nbsp;&nbsp;&nbsp; Playtika Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 118 | &nbsp;&nbsp;&nbsp;&nbsp; 461 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2341 |
| **Financial Services — 3.0%** | **Financial Services — 3.0%** | **Financial Services — 3.0%** |
| &nbsp;&nbsp;&nbsp; Banco Latinoamericano de Comercio Exterior SA, Class E (Panama) | &nbsp;&nbsp;&nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 1678 |
| &nbsp;&nbsp;&nbsp; Burford Capital Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 138 | &nbsp;&nbsp;&nbsp;&nbsp; 1645 |
| &nbsp;&nbsp;&nbsp; Compass Diversified Holdings | &nbsp;&nbsp;&nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 61 |
| &nbsp;&nbsp;&nbsp; Enact Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; 1309 |
| &nbsp;&nbsp;&nbsp; Essent Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 2406 |
| &nbsp;&nbsp;&nbsp; EVERTEC, Inc. (Puerto Rico) | &nbsp;&nbsp;&nbsp;&nbsp; 61 | &nbsp;&nbsp;&nbsp;&nbsp; 2056 |
| &nbsp;&nbsp;&nbsp; HA Sustainable Infrastructure Capital, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp; 2165 |
| &nbsp;&nbsp;&nbsp; Jackson Financial, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 3808 |
| &nbsp;&nbsp;&nbsp; Marqeta, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 402 | &nbsp;&nbsp;&nbsp;&nbsp; 2121 |
| &nbsp;&nbsp;&nbsp; Merchants Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 278 |
| &nbsp;&nbsp;&nbsp; Mr. Cooper Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 2137 |
| &nbsp;&nbsp;&nbsp; NMI Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 46 | &nbsp;&nbsp;&nbsp;&nbsp; 1778 |
| &nbsp;&nbsp;&nbsp; PennyMac Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; 2659 |
| &nbsp;&nbsp;&nbsp; Radian Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 62 | &nbsp;&nbsp;&nbsp;&nbsp; 2257 |
| &nbsp;&nbsp;&nbsp; Sezzle, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 1080 |
| &nbsp;&nbsp;&nbsp; Walker & Dunlop, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 1901 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 29339 |
| **Food Products — 0.7%** | **Food Products — 0.7%** | **Food Products — 0.7%** |
| &nbsp;&nbsp;&nbsp; Cal-Maine Foods, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 2113 |
| &nbsp;&nbsp;&nbsp; Dole plc | &nbsp;&nbsp;&nbsp;&nbsp; 88 | &nbsp;&nbsp;&nbsp;&nbsp; 1188 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Food Products — continued** | **Food Products — continued** | **Food Products — continued** |
| &nbsp;&nbsp;&nbsp; Fresh Del Monte Produce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 793 |
| &nbsp;&nbsp;&nbsp; Simply Good Foods Co. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 1494 |
| &nbsp;&nbsp;&nbsp; SunOpta, Inc. (Canada) \* | &nbsp;&nbsp;&nbsp;&nbsp; 128 | &nbsp;&nbsp;&nbsp;&nbsp; 750 |
| &nbsp;&nbsp;&nbsp; Vital Farms, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 440 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6778 |
| **Gas Utilities — 1.3%** | **Gas Utilities — 1.3%** | **Gas Utilities — 1.3%** |
| &nbsp;&nbsp;&nbsp; Chesapeake Utilities Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 2232 |
| &nbsp;&nbsp;&nbsp; New Jersey Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 63 | &nbsp;&nbsp;&nbsp;&nbsp; 3034 |
| &nbsp;&nbsp;&nbsp; ONE Gas, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 41 | &nbsp;&nbsp;&nbsp;&nbsp; 3313 |
| &nbsp;&nbsp;&nbsp; Southwest Gas Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 44 | &nbsp;&nbsp;&nbsp;&nbsp; 3467 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 12046 |
| **Ground Transportation — 0.0% ^** | **Ground Transportation — 0.0% ^** | **Ground Transportation — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Hertz Global Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp; 239 |
| **Health Care Equipment & Supplies — 2.7%** | **Health Care Equipment & Supplies — 2.7%** | **Health Care Equipment & Supplies — 2.7%** |
| &nbsp;&nbsp;&nbsp; AtriCure, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 58 | &nbsp;&nbsp;&nbsp;&nbsp; 2056 |
| &nbsp;&nbsp;&nbsp; Avanos Medical, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 144 | &nbsp;&nbsp;&nbsp;&nbsp; 1663 |
| &nbsp;&nbsp;&nbsp; Axogen, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 74 | &nbsp;&nbsp;&nbsp;&nbsp; 1324 |
| &nbsp;&nbsp;&nbsp; Ceribell, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 113 | &nbsp;&nbsp;&nbsp;&nbsp; 1296 |
| &nbsp;&nbsp;&nbsp; Embecta Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp; 522 |
| &nbsp;&nbsp;&nbsp; Glaukos Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 27 | &nbsp;&nbsp;&nbsp;&nbsp; 2192 |
| &nbsp;&nbsp;&nbsp; Haemonetics Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 32 | &nbsp;&nbsp;&nbsp;&nbsp; 1578 |
| &nbsp;&nbsp;&nbsp; Inogen, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 122 | &nbsp;&nbsp;&nbsp;&nbsp; 993 |
| &nbsp;&nbsp;&nbsp; Integra LifeSciences Holdings Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp; 1007 |
| &nbsp;&nbsp;&nbsp; iRhythm Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16 | &nbsp;&nbsp;&nbsp;&nbsp; 2802 |
| &nbsp;&nbsp;&nbsp; Lantheus Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 1139 |
| &nbsp;&nbsp;&nbsp; Omnicell, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp; 1365 |
| &nbsp;&nbsp;&nbsp; OraSure Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 444 | &nbsp;&nbsp;&nbsp;&nbsp; 1424 |
| &nbsp;&nbsp;&nbsp; Outset Medical, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 44 | &nbsp;&nbsp;&nbsp;&nbsp; 617 |
| &nbsp;&nbsp;&nbsp; Pulmonx Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 174 | &nbsp;&nbsp;&nbsp;&nbsp; 282 |
| &nbsp;&nbsp;&nbsp; SI-BONE, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 556 |
| &nbsp;&nbsp;&nbsp; Sight Sciences, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp; 51 |
| &nbsp;&nbsp;&nbsp; TransMedics Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 1945 |
| &nbsp;&nbsp;&nbsp; Treace Medical Concepts, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 502 | &nbsp;&nbsp;&nbsp;&nbsp; 3366 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 26178 |
| **Health Care Providers & Services — 2.0%** | **Health Care Providers & Services — 2.0%** | **Health Care Providers & Services — 2.0%** |
| &nbsp;&nbsp;&nbsp; Addus HomeCare Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 489 |
| &nbsp;&nbsp;&nbsp; BrightSpring Health Services, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 1054 |
| &nbsp;&nbsp;&nbsp; Concentra Group Holdings Parent, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 65 | &nbsp;&nbsp;&nbsp;&nbsp; 1353 |
| &nbsp;&nbsp;&nbsp; Ensign Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 3951 |
| &nbsp;&nbsp;&nbsp; GeneDx Holdings Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 520 |
| &nbsp;&nbsp;&nbsp; Hinge Health, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 62 | &nbsp;&nbsp;&nbsp;&nbsp; 3034 |
| &nbsp;&nbsp;&nbsp; National HealthCare Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 807 |
| &nbsp;&nbsp;&nbsp; NeoGenomics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp; 284 |
| &nbsp;&nbsp;&nbsp; Option Care Health, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 74 | &nbsp;&nbsp;&nbsp;&nbsp; 2070 |
| &nbsp;&nbsp;&nbsp; Pediatrix Medical Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 611 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Health Care Providers & Services — continued** | **Health Care Providers & Services — continued** | **Health Care Providers & Services — continued** |
| &nbsp;&nbsp;&nbsp; Progyny, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 108 | &nbsp;&nbsp;&nbsp;&nbsp; 2329 |
| &nbsp;&nbsp;&nbsp; Surgery Partners, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 307 |
| &nbsp;&nbsp;&nbsp; US Physical Therapy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 2003 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 18812 |
| **Health Care REITs — 0.5%** | **Health Care REITs — 0.5%** | **Health Care REITs — 0.5%** |
| &nbsp;&nbsp;&nbsp; American Healthcare REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 323 |
| &nbsp;&nbsp;&nbsp; CareTrust REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 84 | &nbsp;&nbsp;&nbsp;&nbsp; 2895 |
| &nbsp;&nbsp;&nbsp; Community Healthcare Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 197 |
| &nbsp;&nbsp;&nbsp; Sabra Health Care REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 72 | &nbsp;&nbsp;&nbsp;&nbsp; 1350 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4765 |
| **Health Care Technology — 0.5%** | **Health Care Technology — 0.5%** | **Health Care Technology — 0.5%** |
| &nbsp;&nbsp;&nbsp; Health Catalyst, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 215 | &nbsp;&nbsp;&nbsp;&nbsp; 614 |
| &nbsp;&nbsp;&nbsp; HealthStream, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 75 | &nbsp;&nbsp;&nbsp;&nbsp; 2109 |
| &nbsp;&nbsp;&nbsp; HeartFlow, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 424 |
| &nbsp;&nbsp;&nbsp; Teladoc Health, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 196 | &nbsp;&nbsp;&nbsp;&nbsp; 1518 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4665 |
| **Hotel & Resort REITs — 0.9%** | **Hotel & Resort REITs — 0.9%** | **Hotel & Resort REITs — 0.9%** |
| &nbsp;&nbsp;&nbsp; Chatham Lodging Trust | &nbsp;&nbsp;&nbsp;&nbsp; 191 | &nbsp;&nbsp;&nbsp;&nbsp; 1281 |
| &nbsp;&nbsp;&nbsp; DiamondRock Hospitality Co. | &nbsp;&nbsp;&nbsp;&nbsp; 151 | &nbsp;&nbsp;&nbsp;&nbsp; 1202 |
| &nbsp;&nbsp;&nbsp; Ryman Hospitality Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 41 | &nbsp;&nbsp;&nbsp;&nbsp; 3690 |
| &nbsp;&nbsp;&nbsp; Xenia Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 160 | &nbsp;&nbsp;&nbsp;&nbsp; 2194 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8367 |
| **Hotels, Restaurants & Leisure — 1.9%** | **Hotels, Restaurants & Leisure — 1.9%** | **Hotels, Restaurants & Leisure — 1.9%** |
| &nbsp;&nbsp;&nbsp; Accel Entertainment, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 73 | &nbsp;&nbsp;&nbsp;&nbsp; 812 |
| &nbsp;&nbsp;&nbsp; Biglari Holdings, Inc., Class B \* | &nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 1532 |
| &nbsp;&nbsp;&nbsp; BJ's Restaurants, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 30 | &nbsp;&nbsp;&nbsp;&nbsp; 919 |
| &nbsp;&nbsp;&nbsp; Black Rock Coffee Bar, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 162 |
| &nbsp;&nbsp;&nbsp; Brightstar Lottery plc | &nbsp;&nbsp;&nbsp;&nbsp; 76 | &nbsp;&nbsp;&nbsp;&nbsp; 1311 |
| &nbsp;&nbsp;&nbsp; Brinker International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 1246 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp; 1528 |
| &nbsp;&nbsp;&nbsp; Jack in the Box, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 94 | &nbsp;&nbsp;&nbsp;&nbsp; 1867 |
| &nbsp;&nbsp;&nbsp; Life Time Group Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp; 1932 |
| &nbsp;&nbsp;&nbsp; Monarch Casino & Resort, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 2344 |
| &nbsp;&nbsp;&nbsp; Red Rock Resorts, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 1016 |
| &nbsp;&nbsp;&nbsp; Shake Shack, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 2195 |
| &nbsp;&nbsp;&nbsp; United Parks & Resorts, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 1441 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 18305 |
| **Household Durables — 1.7%** | **Household Durables — 1.7%** | **Household Durables — 1.7%** |
| &nbsp;&nbsp;&nbsp; Beazer Homes USA, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 442 |
| &nbsp;&nbsp;&nbsp; Cavco Industries, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2 | &nbsp;&nbsp;&nbsp;&nbsp; 1005 |
| &nbsp;&nbsp;&nbsp; Century Communities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 698 |
| &nbsp;&nbsp;&nbsp; Green Brick Partners, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 1278 |
| &nbsp;&nbsp;&nbsp; Installed Building Products, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 2032 |
| &nbsp;&nbsp;&nbsp; KB Home | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 1773 |
| &nbsp;&nbsp;&nbsp; M/I Homes, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp; 2205 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Household Durables — continued** | **Household Durables — continued** | **Household Durables — continued** |
| &nbsp;&nbsp;&nbsp; Meritage Homes Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 1259 |
| &nbsp;&nbsp;&nbsp; Taylor Morrison Home Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 42 | &nbsp;&nbsp;&nbsp;&nbsp; 2764 |
| &nbsp;&nbsp;&nbsp; Tri Pointe Homes, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 91 | &nbsp;&nbsp;&nbsp;&nbsp; 3092 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 16548 |
| **Household Products — 0.1%** | **Household Products — 0.1%** | **Household Products — 0.1%** |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet Co., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 966 |
| **Independent Power and Renewable Electricity Producers — 0.1%** | **Independent Power and Renewable Electricity Producers — 0.1%** | **Independent Power and Renewable Electricity Producers — 0.1%** |
| &nbsp;&nbsp;&nbsp; Clearway Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 374 |
| &nbsp;&nbsp;&nbsp; Clearway Energy, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 1020 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1394 |
| **Industrial REITs — 0.2%** | **Industrial REITs — 0.2%** | **Industrial REITs — 0.2%** |
| &nbsp;&nbsp;&nbsp; LXP Industrial Trust | &nbsp;&nbsp;&nbsp;&nbsp; 171 | &nbsp;&nbsp;&nbsp;&nbsp; 1529 |
| &nbsp;&nbsp;&nbsp; Plymouth Industrial REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 32 | &nbsp;&nbsp;&nbsp;&nbsp; 714 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2243 |
| **Insurance — 1.2%** | **Insurance — 1.2%** | **Insurance — 1.2%** |
| &nbsp;&nbsp;&nbsp; Accelerant Holdings, Class A (Cayman Islands) \* | &nbsp;&nbsp;&nbsp;&nbsp; 69 | &nbsp;&nbsp;&nbsp;&nbsp; 1024 |
| &nbsp;&nbsp;&nbsp; CNO Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 57 | &nbsp;&nbsp;&nbsp;&nbsp; 2272 |
| &nbsp;&nbsp;&nbsp; Fidelis Insurance Holdings Ltd. (United Kingdom) | &nbsp;&nbsp;&nbsp;&nbsp; 79 | &nbsp;&nbsp;&nbsp;&nbsp; 1436 |
| &nbsp;&nbsp;&nbsp; Hamilton Insurance Group Ltd., Class B (Bermuda) \* | &nbsp;&nbsp;&nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; 528 |
| &nbsp;&nbsp;&nbsp; Heritage Insurance Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 225 |
| &nbsp;&nbsp;&nbsp; Oscar Health, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 99 | &nbsp;&nbsp;&nbsp;&nbsp; 1870 |
| &nbsp;&nbsp;&nbsp; Palomar Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp; 314 |
| &nbsp;&nbsp;&nbsp; RLI Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 858 |
| &nbsp;&nbsp;&nbsp; Safety Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 971 |
| &nbsp;&nbsp;&nbsp; Selective Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 899 |
| &nbsp;&nbsp;&nbsp; SiriusPoint Ltd. (Sweden) \* | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 594 |
| &nbsp;&nbsp;&nbsp; Skyward Specialty Insurance Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 293 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 11284 |
| **Interactive Media & Services — 0.7%** | **Interactive Media & Services — 0.7%** | **Interactive Media & Services — 0.7%** |
| &nbsp;&nbsp;&nbsp; Cargurus, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 77 | &nbsp;&nbsp;&nbsp;&nbsp; 2884 |
| &nbsp;&nbsp;&nbsp; Cars.com, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; 251 |
| &nbsp;&nbsp;&nbsp; Nextdoor Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 86 | &nbsp;&nbsp;&nbsp;&nbsp; 180 |
| &nbsp;&nbsp;&nbsp; QuinStreet, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 473 |
| &nbsp;&nbsp;&nbsp; Yelp, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 79 | &nbsp;&nbsp;&nbsp;&nbsp; 2479 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6267 |
| **IT Services — 0.5%** | **IT Services — 0.5%** | **IT Services — 0.5%** |
| &nbsp;&nbsp;&nbsp; Applied Digital Corp. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 77 | &nbsp;&nbsp;&nbsp;&nbsp; 1776 |
| &nbsp;&nbsp;&nbsp; ASGN, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 926 |
| &nbsp;&nbsp;&nbsp; Unisys Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 320 | &nbsp;&nbsp;&nbsp;&nbsp; 1248 |
| &nbsp;&nbsp;&nbsp; Whitefiber, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp; 1077 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5027 |
| **Leisure Products — 0.4%** | **Leisure Products — 0.4%** | **Leisure Products — 0.4%** |
| &nbsp;&nbsp;&nbsp; Funko, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 214 | &nbsp;&nbsp;&nbsp;&nbsp; 737 |
| &nbsp;&nbsp;&nbsp; MasterCraft Boat Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 172 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Leisure Products — continued** | **Leisure Products — continued** | **Leisure Products — continued** |
| &nbsp;&nbsp;&nbsp; Peloton Interactive, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 239 | &nbsp;&nbsp;&nbsp;&nbsp; 2147 |
| &nbsp;&nbsp;&nbsp; Polaris, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 995 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4051 |
| **Life Sciences Tools & Services — 0.3%** | **Life Sciences Tools & Services — 0.3%** | **Life Sciences Tools & Services — 0.3%** |
| &nbsp;&nbsp;&nbsp; 10X Genomics, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 143 | &nbsp;&nbsp;&nbsp;&nbsp; 1667 |
| &nbsp;&nbsp;&nbsp; CryoPort, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 77 | &nbsp;&nbsp;&nbsp;&nbsp; 732 |
| &nbsp;&nbsp;&nbsp; OmniAb, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; 77 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2476 |
| **Machinery — 1.7%** | **Machinery — 1.7%** | **Machinery — 1.7%** |
| &nbsp;&nbsp;&nbsp; Atmus Filtration Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp; 1815 |
| &nbsp;&nbsp;&nbsp; Blue Bird Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 1484 |
| &nbsp;&nbsp;&nbsp; Greenbrier Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 2 | &nbsp;&nbsp;&nbsp;&nbsp; 107 |
| &nbsp;&nbsp;&nbsp; Kennametal, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 43 | &nbsp;&nbsp;&nbsp;&nbsp; 900 |
| &nbsp;&nbsp;&nbsp; Mueller Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 3371 |
| &nbsp;&nbsp;&nbsp; Terex Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 47 | &nbsp;&nbsp;&nbsp;&nbsp; 2409 |
| &nbsp;&nbsp;&nbsp; Titan International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 96 | &nbsp;&nbsp;&nbsp;&nbsp; 722 |
| &nbsp;&nbsp;&nbsp; Watts Water Technologies, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 5290 |
| &nbsp;&nbsp;&nbsp; Worthington Enterprises, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp; 163 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 16261 |
| **Marine Transportation — 0.2%** | **Marine Transportation — 0.2%** | **Marine Transportation — 0.2%** |
| &nbsp;&nbsp;&nbsp; Costamare, Inc. (Monaco) | &nbsp;&nbsp;&nbsp;&nbsp; 134 | &nbsp;&nbsp;&nbsp;&nbsp; 1595 |
| &nbsp;&nbsp;&nbsp; Safe Bulkers, Inc. (Monaco) | &nbsp;&nbsp;&nbsp;&nbsp; 68 | &nbsp;&nbsp;&nbsp;&nbsp; 304 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1899 |
| **Media — 1.2%** | **Media — 1.2%** | **Media — 1.2%** |
| &nbsp;&nbsp;&nbsp; AMC Networks, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 85 |
| &nbsp;&nbsp;&nbsp; EchoStar Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp; 3441 |
| &nbsp;&nbsp;&nbsp; Gray Media, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp; 215 |
| &nbsp;&nbsp;&nbsp; John Wiley & Sons, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 1311 |
| &nbsp;&nbsp;&nbsp; Magnite, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 115 | &nbsp;&nbsp;&nbsp;&nbsp; 2498 |
| &nbsp;&nbsp;&nbsp; PubMatic, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 127 | &nbsp;&nbsp;&nbsp;&nbsp; 1053 |
| &nbsp;&nbsp;&nbsp; Scholastic Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 896 |
| &nbsp;&nbsp;&nbsp; Stagwell, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 181 | &nbsp;&nbsp;&nbsp;&nbsp; 1020 |
| &nbsp;&nbsp;&nbsp; TechTarget, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 350 |
| &nbsp;&nbsp;&nbsp; Thryv Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 53 | &nbsp;&nbsp;&nbsp;&nbsp; 643 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 11512 |
| **Metals & Mining — 2.4%** | **Metals & Mining — 2.4%** | **Metals & Mining — 2.4%** |
| &nbsp;&nbsp;&nbsp; Alpha Metallurgical Resources, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 941 |
| &nbsp;&nbsp;&nbsp; Coeur Mining, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 343 | &nbsp;&nbsp;&nbsp;&nbsp; 6436 |
| &nbsp;&nbsp;&nbsp; Commercial Metals Co. | &nbsp;&nbsp;&nbsp;&nbsp; 67 | &nbsp;&nbsp;&nbsp;&nbsp; 3867 |
| &nbsp;&nbsp;&nbsp; Constellium SE \* | &nbsp;&nbsp;&nbsp;&nbsp; 253 | &nbsp;&nbsp;&nbsp;&nbsp; 3766 |
| &nbsp;&nbsp;&nbsp; Hecla Mining Co. | &nbsp;&nbsp;&nbsp;&nbsp; 187 | &nbsp;&nbsp;&nbsp;&nbsp; 2259 |
| &nbsp;&nbsp;&nbsp; Materion Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp; 1761 |
| &nbsp;&nbsp;&nbsp; Olympic Steel, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 225 |
| &nbsp;&nbsp;&nbsp; Ramaco Resources, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 363 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Metals & Mining — continued** | **Metals & Mining — continued** | **Metals & Mining — continued** |
| &nbsp;&nbsp;&nbsp; SSR Mining, Inc. (Canada) \* | &nbsp;&nbsp;&nbsp;&nbsp; 67 | &nbsp;&nbsp;&nbsp;&nbsp; 1638 |
| &nbsp;&nbsp;&nbsp; Warrior Met Coal, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 1449 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 22705 |
| **Mortgage Real Estate Investment Trusts (REITs) — 0.6%** | **Mortgage Real Estate Investment Trusts (REITs) — 0.6%** | **Mortgage Real Estate Investment Trusts (REITs) — 0.6%** |
| &nbsp;&nbsp;&nbsp; Adamas Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 86 | &nbsp;&nbsp;&nbsp;&nbsp; 601 |
| &nbsp;&nbsp;&nbsp; Apollo Commercial Real Estate Finance, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp; 455 |
| &nbsp;&nbsp;&nbsp; Brightspire Capital, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 160 | &nbsp;&nbsp;&nbsp;&nbsp; 869 |
| &nbsp;&nbsp;&nbsp; Ladder Capital Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 329 | &nbsp;&nbsp;&nbsp;&nbsp; 3587 |
| &nbsp;&nbsp;&nbsp; Redwood Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 149 |
| &nbsp;&nbsp;&nbsp; TPG RE Finance Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 61 | &nbsp;&nbsp;&nbsp;&nbsp; 526 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6187 |
| **Multi-Utilities — 0.6%** | **Multi-Utilities — 0.6%** | **Multi-Utilities — 0.6%** |
| &nbsp;&nbsp;&nbsp; Avista Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 249 |
| &nbsp;&nbsp;&nbsp; Black Hills Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; 2978 |
| &nbsp;&nbsp;&nbsp; Unitil Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 59 | &nbsp;&nbsp;&nbsp;&nbsp; 2831 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6058 |
| **Office REITs — 0.9%** | **Office REITs — 0.9%** | **Office REITs — 0.9%** |
| &nbsp;&nbsp;&nbsp; City Office REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 195 |
| &nbsp;&nbsp;&nbsp; COPT Defense Properties | &nbsp;&nbsp;&nbsp;&nbsp; 126 | &nbsp;&nbsp;&nbsp;&nbsp; 3650 |
| &nbsp;&nbsp;&nbsp; Empire State Realty Trust, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 95 | &nbsp;&nbsp;&nbsp;&nbsp; 724 |
| &nbsp;&nbsp;&nbsp; Paramount Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 132 | &nbsp;&nbsp;&nbsp;&nbsp; 866 |
| &nbsp;&nbsp;&nbsp; Piedmont Realty Trust, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 204 | &nbsp;&nbsp;&nbsp;&nbsp; 1838 |
| &nbsp;&nbsp;&nbsp; Postal Realty Trust, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 567 |
| &nbsp;&nbsp;&nbsp; SL Green Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 1221 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9061 |
| **Oil, Gas & Consumable Fuels — 3.6%** | **Oil, Gas & Consumable Fuels — 3.6%** | **Oil, Gas & Consumable Fuels — 3.6%** |
| &nbsp;&nbsp;&nbsp; Berry Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 262 | &nbsp;&nbsp;&nbsp;&nbsp; 990 |
| &nbsp;&nbsp;&nbsp; Centrus Energy Corp., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 1574 |
| &nbsp;&nbsp;&nbsp; Chord Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 777 |
| &nbsp;&nbsp;&nbsp; Clean Energy Fuels Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 449 | &nbsp;&nbsp;&nbsp;&nbsp; 1158 |
| &nbsp;&nbsp;&nbsp; CNX Resources Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 39 | &nbsp;&nbsp;&nbsp;&nbsp; 1261 |
| &nbsp;&nbsp;&nbsp; Core Natural Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 497 |
| &nbsp;&nbsp;&nbsp; CVR Energy, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; 767 |
| &nbsp;&nbsp;&nbsp; Delek US Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 1005 |
| &nbsp;&nbsp;&nbsp; Energy Fuels, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 134 | &nbsp;&nbsp;&nbsp;&nbsp; 2060 |
| &nbsp;&nbsp;&nbsp; Excelerate Energy, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 64 | &nbsp;&nbsp;&nbsp;&nbsp; 1607 |
| &nbsp;&nbsp;&nbsp; Gulfport Energy Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 2029 |
| &nbsp;&nbsp;&nbsp; International Seaways, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12 | &nbsp;&nbsp;&nbsp;&nbsp; 535 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co. | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 1724 |
| &nbsp;&nbsp;&nbsp; Murphy Oil Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp; 1124 |
| &nbsp;&nbsp;&nbsp; New Fortress Energy, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 92 | &nbsp;&nbsp;&nbsp;&nbsp; 204 |
| &nbsp;&nbsp;&nbsp; NextDecade Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 103 | &nbsp;&nbsp;&nbsp;&nbsp; 697 |
| &nbsp;&nbsp;&nbsp; Ovintiv, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 1532 |
| &nbsp;&nbsp;&nbsp; Par Pacific Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 82 | &nbsp;&nbsp;&nbsp;&nbsp; 2903 |
| &nbsp;&nbsp;&nbsp; PBF Energy, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 849 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Oil, Gas & Consumable Fuels — continued** | **Oil, Gas & Consumable Fuels — continued** | **Oil, Gas & Consumable Fuels — continued** |
| &nbsp;&nbsp;&nbsp; Peabody Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 103 | &nbsp;&nbsp;&nbsp;&nbsp; 2727 |
| &nbsp;&nbsp;&nbsp; Scorpio Tankers, Inc. (Monaco) | &nbsp;&nbsp;&nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp; 141 |
| &nbsp;&nbsp;&nbsp; Teekay Corp. Ltd. (Bermuda) | &nbsp;&nbsp;&nbsp;&nbsp; 229 | &nbsp;&nbsp;&nbsp;&nbsp; 1874 |
| &nbsp;&nbsp;&nbsp; Teekay Tankers Ltd., Class A (Canada) | &nbsp;&nbsp;&nbsp;&nbsp; 52 | &nbsp;&nbsp;&nbsp;&nbsp; 2654 |
| &nbsp;&nbsp;&nbsp; Uranium Energy Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 178 | &nbsp;&nbsp;&nbsp;&nbsp; 2369 |
| &nbsp;&nbsp;&nbsp; World Kinect Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 53 | &nbsp;&nbsp;&nbsp;&nbsp; 1385 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 34443 |
| **Passenger Airlines — 0.6%** | **Passenger Airlines — 0.6%** | **Passenger Airlines — 0.6%** |
| &nbsp;&nbsp;&nbsp; Joby Aviation, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 216 | &nbsp;&nbsp;&nbsp;&nbsp; 3482 |
| &nbsp;&nbsp;&nbsp; SkyWest, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 2282 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5764 |
| **Personal Care Products — 0.3%** | **Personal Care Products — 0.3%** | **Personal Care Products — 0.3%** |
| &nbsp;&nbsp;&nbsp; BellRing Brands, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 499 |
| &nbsp;&nbsp;&nbsp; Nature's Sunshine Products, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 29 | &nbsp;&nbsp;&nbsp;&nbsp; 457 |
| &nbsp;&nbsp;&nbsp; Oddity Tech Ltd., Class A (Israel) \* | &nbsp;&nbsp;&nbsp;&nbsp; 29 | &nbsp;&nbsp;&nbsp;&nbsp; 1806 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2762 |
| **Pharmaceuticals — 2.3%** | **Pharmaceuticals — 2.3%** | **Pharmaceuticals — 2.3%** |
| &nbsp;&nbsp;&nbsp; Amneal Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 160 | &nbsp;&nbsp;&nbsp;&nbsp; 1598 |
| &nbsp;&nbsp;&nbsp; ANI Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 1679 |
| &nbsp;&nbsp;&nbsp; Atea Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 93 | &nbsp;&nbsp;&nbsp;&nbsp; 270 |
| &nbsp;&nbsp;&nbsp; Avadel Pharmaceuticals plc, ADR \* | &nbsp;&nbsp;&nbsp;&nbsp; 185 | &nbsp;&nbsp;&nbsp;&nbsp; 2829 |
| &nbsp;&nbsp;&nbsp; Axsome Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 1020 |
| &nbsp;&nbsp;&nbsp; Corcept Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 2693 |
| &nbsp;&nbsp;&nbsp; Crinetics Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 59 | &nbsp;&nbsp;&nbsp;&nbsp; 2465 |
| &nbsp;&nbsp;&nbsp; Indivior plc (United Kingdom) \* | &nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp; 1091 |
| &nbsp;&nbsp;&nbsp; Ocular Therapeutix, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 84 | &nbsp;&nbsp;&nbsp;&nbsp; 975 |
| &nbsp;&nbsp;&nbsp; Phibro Animal Health Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 81 | &nbsp;&nbsp;&nbsp;&nbsp; 3272 |
| &nbsp;&nbsp;&nbsp; Terns Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 257 | &nbsp;&nbsp;&nbsp;&nbsp; 1930 |
| &nbsp;&nbsp;&nbsp; WaVe Life Sciences Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 52 | &nbsp;&nbsp;&nbsp;&nbsp; 381 |
| &nbsp;&nbsp;&nbsp; Zevra Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 164 | &nbsp;&nbsp;&nbsp;&nbsp; 1562 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 21765 |
| **Professional Services — 2.0%** | **Professional Services — 2.0%** | **Professional Services — 2.0%** |
| &nbsp;&nbsp;&nbsp; Barrett Business Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 1349 |
| &nbsp;&nbsp;&nbsp; BlackSky Technology, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 82 | &nbsp;&nbsp;&nbsp;&nbsp; 1661 |
| &nbsp;&nbsp;&nbsp; ExlService Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 1243 |
| &nbsp;&nbsp;&nbsp; Heidrick & Struggles International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp; 2223 |
| &nbsp;&nbsp;&nbsp; IBEX Holdings Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 62 | &nbsp;&nbsp;&nbsp;&nbsp; 2493 |
| &nbsp;&nbsp;&nbsp; KBR, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 30 | &nbsp;&nbsp;&nbsp;&nbsp; 1401 |
| &nbsp;&nbsp;&nbsp; Kelly Services, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 69 | &nbsp;&nbsp;&nbsp;&nbsp; 910 |
| &nbsp;&nbsp;&nbsp; Legalzoom.com, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 87 | &nbsp;&nbsp;&nbsp;&nbsp; 901 |
| &nbsp;&nbsp;&nbsp; Planet Labs PBC \* | &nbsp;&nbsp;&nbsp;&nbsp; 55 | &nbsp;&nbsp;&nbsp;&nbsp; 719 |
| &nbsp;&nbsp;&nbsp; TriNet Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 688 |
| &nbsp;&nbsp;&nbsp; Verra Mobility Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 118 | &nbsp;&nbsp;&nbsp;&nbsp; 2916 |
| &nbsp;&nbsp;&nbsp; WNS Holdings Ltd. (United Kingdom) \* | &nbsp;&nbsp;&nbsp;&nbsp; 41 | &nbsp;&nbsp;&nbsp;&nbsp; 3116 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 19620 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Real Estate Management & Development — 0.4%** | **Real Estate Management & Development — 0.4%** | **Real Estate Management & Development — 0.4%** |
| &nbsp;&nbsp;&nbsp; Cushman & Wakefield plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 301 |
| &nbsp;&nbsp;&nbsp; Newmark Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 126 | &nbsp;&nbsp;&nbsp;&nbsp; 2341 |
| &nbsp;&nbsp;&nbsp; RE/MAX Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 29 | &nbsp;&nbsp;&nbsp;&nbsp; 274 |
| &nbsp;&nbsp;&nbsp; Real Brokerage, Inc. (The) (Canada) \* | &nbsp;&nbsp;&nbsp;&nbsp; 190 | &nbsp;&nbsp;&nbsp;&nbsp; 796 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3712 |
| **Residential REITs — 0.2%** | **Residential REITs — 0.2%** | **Residential REITs — 0.2%** |
| &nbsp;&nbsp;&nbsp; Independence Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 75 | &nbsp;&nbsp;&nbsp;&nbsp; 1237 |
| &nbsp;&nbsp;&nbsp; UMH Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp; 228 |
| &nbsp;&nbsp;&nbsp; Veris Residential, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 283 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1748 |
| **Retail REITs — 0.8%** | **Retail REITs — 0.8%** | **Retail REITs — 0.8%** |
| &nbsp;&nbsp;&nbsp; Curbline Properties Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 43 | &nbsp;&nbsp;&nbsp;&nbsp; 969 |
| &nbsp;&nbsp;&nbsp; Getty Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 482 |
| &nbsp;&nbsp;&nbsp; InvenTrust Properties Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 50 | &nbsp;&nbsp;&nbsp;&nbsp; 1418 |
| &nbsp;&nbsp;&nbsp; Kite Realty Group Trust | &nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 1331 |
| &nbsp;&nbsp;&nbsp; NETSTREIT Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 458 |
| &nbsp;&nbsp;&nbsp; Phillips Edison & Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 88 | &nbsp;&nbsp;&nbsp;&nbsp; 3029 |
| &nbsp;&nbsp;&nbsp; Tanger, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12 | &nbsp;&nbsp;&nbsp;&nbsp; 406 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8093 |
| **Semiconductors & Semiconductor Equipment — 3.6%** | **Semiconductors & Semiconductor Equipment — 3.6%** | **Semiconductors & Semiconductor Equipment — 3.6%** |
| &nbsp;&nbsp;&nbsp; Alpha & Omega Semiconductor Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 401 |
| &nbsp;&nbsp;&nbsp; Ambarella, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 1110 |
| &nbsp;&nbsp;&nbsp; Axcelis Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 446 |
| &nbsp;&nbsp;&nbsp; Credo Technology Group Holding Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; 6928 |
| &nbsp;&nbsp;&nbsp; Diodes, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 47 | &nbsp;&nbsp;&nbsp;&nbsp; 2484 |
| &nbsp;&nbsp;&nbsp; FormFactor, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 53 | &nbsp;&nbsp;&nbsp;&nbsp; 1941 |
| &nbsp;&nbsp;&nbsp; MaxLinear, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 363 |
| &nbsp;&nbsp;&nbsp; NVE Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 1177 |
| &nbsp;&nbsp;&nbsp; Penguin Solutions, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 56 | &nbsp;&nbsp;&nbsp;&nbsp; 1483 |
| &nbsp;&nbsp;&nbsp; Rambus, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 95 | &nbsp;&nbsp;&nbsp;&nbsp; 9884 |
| &nbsp;&nbsp;&nbsp; Rigetti Computing, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 86 | &nbsp;&nbsp;&nbsp;&nbsp; 2574 |
| &nbsp;&nbsp;&nbsp; Semtech Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 1393 |
| &nbsp;&nbsp;&nbsp; SiTime Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 1109 |
| &nbsp;&nbsp;&nbsp; Ultra Clean Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 107 | &nbsp;&nbsp;&nbsp;&nbsp; 2920 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 34213 |
| **Software — 6.5%** | **Software — 6.5%** | **Software — 6.5%** |
| &nbsp;&nbsp;&nbsp; A10 Networks, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 357 |
| &nbsp;&nbsp;&nbsp; Adeia, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; 576 |
| &nbsp;&nbsp;&nbsp; Appian Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp; 1075 |
| &nbsp;&nbsp;&nbsp; Asana, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 79 | &nbsp;&nbsp;&nbsp;&nbsp; 1050 |
| &nbsp;&nbsp;&nbsp; Aurora Innovation, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 55 | &nbsp;&nbsp;&nbsp;&nbsp; 299 |
| &nbsp;&nbsp;&nbsp; Bit Digital, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 853 | &nbsp;&nbsp;&nbsp;&nbsp; 2560 |
| &nbsp;&nbsp;&nbsp; BlackLine, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 1283 |
| &nbsp;&nbsp;&nbsp; Box, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 95 | &nbsp;&nbsp;&nbsp;&nbsp; 3078 |
| &nbsp;&nbsp;&nbsp; Braze, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 747 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Software — continued** | **Software — continued** | **Software — continued** |
| &nbsp;&nbsp;&nbsp; Cipher Mining, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 516 | &nbsp;&nbsp;&nbsp;&nbsp; 6494 |
| &nbsp;&nbsp;&nbsp; Cleanspark, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 320 |
| &nbsp;&nbsp;&nbsp; Clearwater Analytics Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 121 | &nbsp;&nbsp;&nbsp;&nbsp; 2189 |
| &nbsp;&nbsp;&nbsp; Commvault Systems, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12 | &nbsp;&nbsp;&nbsp;&nbsp; 2254 |
| &nbsp;&nbsp;&nbsp; Consensus Cloud Solutions, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 69 | &nbsp;&nbsp;&nbsp;&nbsp; 2019 |
| &nbsp;&nbsp;&nbsp; Core Scientific, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 125 | &nbsp;&nbsp;&nbsp;&nbsp; 2235 |
| &nbsp;&nbsp;&nbsp; Digital Turbine, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 119 | &nbsp;&nbsp;&nbsp;&nbsp; 762 |
| &nbsp;&nbsp;&nbsp; D-Wave Quantum, Inc. (Canada) \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 79 | &nbsp;&nbsp;&nbsp;&nbsp; 1959 |
| &nbsp;&nbsp;&nbsp; Freshworks, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 163 | &nbsp;&nbsp;&nbsp;&nbsp; 1916 |
| &nbsp;&nbsp;&nbsp; Hut 8 Corp. (Canada) \* | &nbsp;&nbsp;&nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; 735 |
| &nbsp;&nbsp;&nbsp; InterDigital, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 6414 |
| &nbsp;&nbsp;&nbsp; LiveRamp Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 47 | &nbsp;&nbsp;&nbsp;&nbsp; 1262 |
| &nbsp;&nbsp;&nbsp; MARA Holdings, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 172 | &nbsp;&nbsp;&nbsp;&nbsp; 3134 |
| &nbsp;&nbsp;&nbsp; ON24, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 328 | &nbsp;&nbsp;&nbsp;&nbsp; 1878 |
| &nbsp;&nbsp;&nbsp; Ooma, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 143 | &nbsp;&nbsp;&nbsp;&nbsp; 1711 |
| &nbsp;&nbsp;&nbsp; Pagaya Technologies Ltd., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 751 |
| &nbsp;&nbsp;&nbsp; Porch Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 66 | &nbsp;&nbsp;&nbsp;&nbsp; 1104 |
| &nbsp;&nbsp;&nbsp; Qualys, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp; 1996 |
| &nbsp;&nbsp;&nbsp; Riot Platforms, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 95 | &nbsp;&nbsp;&nbsp;&nbsp; 1807 |
| &nbsp;&nbsp;&nbsp; Sapiens International Corp. NV (Israel) | &nbsp;&nbsp;&nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp; 1605 |
| &nbsp;&nbsp;&nbsp; SoundHound AI, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 89 | &nbsp;&nbsp;&nbsp;&nbsp; 1432 |
| &nbsp;&nbsp;&nbsp; Tenable Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 53 | &nbsp;&nbsp;&nbsp;&nbsp; 1544 |
| &nbsp;&nbsp;&nbsp; Terawulf, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 132 | &nbsp;&nbsp;&nbsp;&nbsp; 1505 |
| &nbsp;&nbsp;&nbsp; WM Technology, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 554 | &nbsp;&nbsp;&nbsp;&nbsp; 643 |
| &nbsp;&nbsp;&nbsp; Workiva, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 1432 |
| &nbsp;&nbsp;&nbsp; Xperi, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 254 | &nbsp;&nbsp;&nbsp;&nbsp; 1643 |
| &nbsp;&nbsp;&nbsp; Zeta Global Holdings Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 58 | &nbsp;&nbsp;&nbsp;&nbsp; 1155 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 62924 |
| **Specialized REITs — 0.6%** | **Specialized REITs — 0.6%** | **Specialized REITs — 0.6%** |
| &nbsp;&nbsp;&nbsp; Four Corners Property Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 342 |
| &nbsp;&nbsp;&nbsp; PotlatchDeltic Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 102 | &nbsp;&nbsp;&nbsp;&nbsp; 4154 |
| &nbsp;&nbsp;&nbsp; Smartstop Self Storage REIT, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 825 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5321 |
| **Specialty Retail — 2.6%** | **Specialty Retail — 2.6%** | **Specialty Retail — 2.6%** |
| &nbsp;&nbsp;&nbsp; Abercrombie & Fitch Co., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; 1774 |
| &nbsp;&nbsp;&nbsp; Advance Auto Parts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 1178 |
| &nbsp;&nbsp;&nbsp; American Eagle Outfitters, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 89 | &nbsp;&nbsp;&nbsp;&nbsp; 1516 |
| &nbsp;&nbsp;&nbsp; Asbury Automotive Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 1380 |
| &nbsp;&nbsp;&nbsp; Boot Barn Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 1578 |
| &nbsp;&nbsp;&nbsp; Buckle, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 1811 |
| &nbsp;&nbsp;&nbsp; EVgo, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 120 | &nbsp;&nbsp;&nbsp;&nbsp; 566 |
| &nbsp;&nbsp;&nbsp; Genesco, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 413 |
| &nbsp;&nbsp;&nbsp; Group 1 Automotive, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2 | &nbsp;&nbsp;&nbsp;&nbsp; 956 |
| &nbsp;&nbsp;&nbsp; RealReal, Inc. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 170 | &nbsp;&nbsp;&nbsp;&nbsp; 1813 |
| &nbsp;&nbsp;&nbsp; Signet Jewelers Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 57 | &nbsp;&nbsp;&nbsp;&nbsp; 5496 |
| &nbsp;&nbsp;&nbsp; Sonic Automotive, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 980 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Specialty Retail — continued** | **Specialty Retail — continued** | **Specialty Retail — continued** |
| &nbsp;&nbsp;&nbsp; Urban Outfitters, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 54 | &nbsp;&nbsp;&nbsp;&nbsp; 3867 |
| &nbsp;&nbsp;&nbsp; Victoria's Secret & Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 57 | &nbsp;&nbsp;&nbsp;&nbsp; 1544 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 24872 |
| **Technology Hardware, Storage & Peripherals — 0.7%** | **Technology Hardware, Storage & Peripherals — 0.7%** | **Technology Hardware, Storage & Peripherals — 0.7%** |
| &nbsp;&nbsp;&nbsp; Diebold Nixdorf, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 1367 |
| &nbsp;&nbsp;&nbsp; IonQ, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 92 | &nbsp;&nbsp;&nbsp;&nbsp; 5676 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7043 |
| **Textiles, Apparel & Luxury Goods — 0.5%** | **Textiles, Apparel & Luxury Goods — 0.5%** | **Textiles, Apparel & Luxury Goods — 0.5%** |
| &nbsp;&nbsp;&nbsp; Capri Holdings Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 125 | &nbsp;&nbsp;&nbsp;&nbsp; 2485 |
| &nbsp;&nbsp;&nbsp; Wolverine World Wide, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 90 | &nbsp;&nbsp;&nbsp;&nbsp; 2475 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4960 |
| **Trading Companies & Distributors — 2.0%** | **Trading Companies & Distributors — 2.0%** | **Trading Companies & Distributors — 2.0%** |
| &nbsp;&nbsp;&nbsp; Applied Industrial Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 4453 |
| &nbsp;&nbsp;&nbsp; BlueLinx Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 428 |
| &nbsp;&nbsp;&nbsp; Boise Cascade Co. | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 1273 |
| &nbsp;&nbsp;&nbsp; DNOW, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 159 | &nbsp;&nbsp;&nbsp;&nbsp; 2427 |
| &nbsp;&nbsp;&nbsp; DXP Enterprises, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 659 |
| &nbsp;&nbsp;&nbsp; GATX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 1472 |
| &nbsp;&nbsp;&nbsp; Herc Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 1218 |
| &nbsp;&nbsp;&nbsp; Hudson Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 83 |
| &nbsp;&nbsp;&nbsp; McGrath RentCorp | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 749 |
| &nbsp;&nbsp;&nbsp; MRC Global, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 103 | &nbsp;&nbsp;&nbsp;&nbsp; 1481 |
| &nbsp;&nbsp;&nbsp; Rush Enterprises, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 3210 |
| &nbsp;&nbsp;&nbsp; WESCO International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 2237 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 19690 |
| **Water Utilities — 0.4%** | **Water Utilities — 0.4%** | **Water Utilities — 0.4%** |
| &nbsp;&nbsp;&nbsp; American States Water Co. | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 616 |
| &nbsp;&nbsp;&nbsp; Consolidated Water Co. Ltd., Class D | &nbsp;&nbsp;&nbsp;&nbsp; 87 | &nbsp;&nbsp;&nbsp;&nbsp; 3068 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3684 |
| **Wireless Telecommunication Services — 0.1%** | **Wireless Telecommunication Services — 0.1%** | **Wireless Telecommunication Services — 0.1%** |
| &nbsp;&nbsp;&nbsp; Gogo, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 216 |
| &nbsp;&nbsp;&nbsp; Telephone and Data Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 1027 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $757,561)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 949710 |
|  | &nbsp;&nbsp;&nbsp; **NO. OF** <br> **RIGHTS** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>|  |
| **Rights — 0.0% ^** | **Rights — 0.0% ^** | **Rights — 0.0% ^** |
| **Biotechnology — 0.0% ^** | **Biotechnology — 0.0% ^** | **Biotechnology — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; OmniAb Operations, Inc., expiring 11/2/2022 ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS**  | &nbsp;&nbsp;&nbsp; **NO. OF** <br> **RIGHTS**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Rights — continued** | **Rights — continued** | **Rights — continued** |
| **Life Sciences Tools & Services — 0.0% ^** | **Life Sciences Tools & Services — 0.0% ^** | **Life Sciences Tools & Services — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; OmniAb, Inc., expiring 11/3/2022 ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Rights <br>(Cost $—) (b)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; **SHARES** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>|  |
| **Short-Term Investments — 5.9%** | **Short-Term Investments — 5.9%** | **Short-Term Investments — 5.9%** |
| **Investment Companies — 1.7%** | **Investment Companies — 1.7%** | **Investment Companies — 1.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Prime Money Market Fund Class IM Shares, 4.20% (c) (d) <br>(Cost $15,961)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 15956 | &nbsp;&nbsp;&nbsp;&nbsp; 15962 |
| **Investment of Cash Collateral from Securities Loaned — 4.2%** | **Investment of Cash Collateral from Securities Loaned — 4.2%** | **Investment of Cash Collateral from Securities Loaned — 4.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 4.20% (c) (d) <br>(Cost $40,448)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 40448 | &nbsp;&nbsp;&nbsp;&nbsp; 40448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $56,409)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 56410 |
| **Total Investments — 104.3%** <br>**(Cost $813,970)**<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; **1006120** |
| **Liabilities in Excess of Other Assets — (4.3)%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **(41209)**<br>|
| **NET ASSETS — 100.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **964911** |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

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

---

| |
|:---|
| <br>Percentages indicated are based on net assets. |
| <br>Amounts presented as a dash ("-") represent amounts that round to less than a thousand. |

---

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

---

| | |
|:---|:---|
| **Abbreviations** |  |
| ADR | American Depositary Receipt |
| REIT | Real Estate Investment Trust |

---

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

---

| | |
|:---|:---|
| ^ | Amount rounds to less than 0.1% of net assets. |
| ‡ | Value determined using significant unobservable inputs. |
| \* | Non-income producing security.  |
| (a) | The security or a portion of this security is on loan at September 30, 2025. The total value of securities on loan at September 30, 2025 is <br> $38,737.<br>|
| (b) | Value is zero. |
| (c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan <br> Investment Management Inc.<br>|
| (d) | The rate shown is the current yield as of September 30, 2025. |

---

**Futures contracts outstanding as of September 30, 2025 (amounts in thousands, except number of contracts):**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **DESCRIPTION** | &nbsp;&nbsp;&nbsp; **NUMBER OF** <br>**CONTRACTS**<br>| **EXPIRATION DATE** | **TRADING CURRENCY** | &nbsp;&nbsp;&nbsp; **NOTIONAL** <br>**AMOUNT ($)**<br>| &nbsp;&nbsp;&nbsp; **VALUE AND** <br>**UNREALIZED** <br>**APPRECIATION** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(DEPRECIATION) ($)**<br>|
| **Long Contracts** |  |  |  |  |  |
| Russell 2000 E-Mini Index | &nbsp;&nbsp;&nbsp;&nbsp; 132 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 16209 | &nbsp;&nbsp;&nbsp;&nbsp; 76 |

---

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

---

| | |
|:---|:---|
| **Abbreviations** |  |
| USD | United States Dollar |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

(Dollar values in thousands)

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

**A. Valuation of Investments**— Investments are valued in accordance with U.S. generally accepted accounting principles ("GAAP") and the Fund's valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the "Board"), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.

Under Section 2(a)(41) of the Investment Company Act of 1940, the Board is required to determine fair value for securities that do not have readily available market quotations. Under Securities and Exchange Commission Rule 2a-5 (Good Faith Determinations of Fair Value), the Board may designate the performance of these fair valuation determinations to a valuation designee. The Board has designated the Adviser as the "Valuation Designee" to perform fair valuation determinations for the Fund on behalf of the Board subject to appropriate oversight by the Board. The Adviser, as Valuation Designee, leverages the J.P. Morgan Asset Management Americas Valuation Committee ("AVC") to help oversee and carry out the policies for the valuation of investments held in the Fund. The Adviser, as Valuation Designee, remains responsible for the valuation determinations.

This oversight by the AVC includes monitoring the appropriateness of fair values based on results of ongoing valuation oversight including, but not limited to, consideration of macro or security specific events, market events, and pricing vendor and broker due diligence. The Administrator is responsible for discussing and assessing the potential impacts to the fair values on an ongoing basis, and, at least on a quarterly basis, with the AVC and the Board.

Equities and other exchange-traded instruments are valued at the last sale price or official market closing price on the primary exchange on which the instrument is traded before the net asset values ("NAV") of the Fund are calculated on a valuation date.

Investments in open-end investment companies ("Underlying Funds") are valued at each Underlying Fund's NAV per share as of the report date.

Futures contracts are generally valued on the basis of available market quotations.

Valuations reflected in this report are as of the report date. As a result, changes in valuation due to market events and/or issuer-related events after the report date and prior to issuance of the report are not reflected herein.

The various inputs that are used in determining the valuation of the Fund's investments are summarized into the three broad levels listed below.

• Level 1 — Unadjusted inputs using quoted prices in active markets for identical investments.

• Level 2 — Other significant observable inputs including, but not limited to, quoted prices for similar investments, inputs other than quoted prices that are observable for investments (such as interest rates, prepayment speeds, credit risk, etc.) or other market corroborated inputs.

• Level 3 — Significant inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund's assumptions in determining the fair value of investments).

A financial instrument's level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement. The inputs or methodology used for valuing instruments are not necessarily an indication of the risk associated with investing in those instruments.

The following table represents each valuation input as presented on the Schedule of Portfolio Investments ("SOI"):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1** <br>Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2** <br>Other significant <br>observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3** <br>Significant <br>unobservable inputs<br>| **Total** |
| **Investments in Securities** |  |  |  |  |
| Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; $949710 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $949710 |
| Rights | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —<br> (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; —<br> (a)<br>|
| Short-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investment Companies | &nbsp;&nbsp;&nbsp;&nbsp; 15962 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 15962 |
| &nbsp;&nbsp;&nbsp; Investment of Cash Collateral from Securities Loaned | &nbsp;&nbsp;&nbsp;&nbsp; 40448 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 40448 |
| Total Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 56410 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 56410 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp; $1006120 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $—<br> (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $1006120 |

---

------

**JPMorgan U.S. Small Company Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

(Dollar values in thousands)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1**<br> Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2**<br> Other significant<br> observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3**<br> Significant<br> unobservable inputs<br>| **Total** |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; $76 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $76 |

---

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

 <br> (a) Value is zero.

**B. Investment Transactions with Affiliates**— The Fund invested in Underlying Funds advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund assumes the issuers listed in the table below to be affiliated issuers. The Underlying Funds' distributions may be reinvested into such Underlying Funds. Reinvestment amounts are included in the purchases at cost amounts in the table below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** |
| **Security Description** | **Value at** <br>**June 30,** <br>**2025**<br>| **Purchases at** <br>**Cost**<br>| **Proceeds from** <br>**Sales**<br>| **Net Realized** <br>**Gain (Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation/** <br>**(Depreciation)**<br>| **Value at** <br>**September 30,** <br>**2025**<br>| **Shares at** <br>**September 30,** <br>**2025**<br>| **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Prime Money Market Fund <br> Class IM Shares, 4.20% (a) (b)<br>| $56037 | $134515 | $174595 | $5 | $— | $15962 | 15956 | $256 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market <br> Fund Agency SL Class Shares, 4.20% <br> (a) (b)<br>| 44768 | 99967 | 104287 |  |  | 40448 | 40448 | 437 |  |
| **Total** | $100805 | $234482 | $278882 | $5 | $— | $56410 |  | $693 | $— |

---

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

 <br> (a) Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. <br> (b) The rate shown is the current yield as of September 30, 2025.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JPMorgan Trust I

- **b. Investment Company Act file number:** 811-21295

- **c. CIK number of Registrant:** 0001217286

- **d. LEI of Registrant:** 549300DM5WZMCZZ70R78

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

  - **Street Address 1:** 277 Park Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10172

  - **Telephone number:** 800-480-4111

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

- **a. Name of Series:** JPMorgan U.S. Small Company Fund

- **b. EDGAR series identifier (if any):** S000002795

- **c. LEI of Series:** 549300MOTBMZQG15BP60

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $1008295146.50

**Total Liabilities:** $41221468.16

**Net Assets:** $967073678.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007657 | 1.54%                | 6.08%                | 2.76%                |
| Class ID C000173558 | 1.50%                | 6.02%                | 2.79%                |
| Class ID C000173557 | 1.45%                | 6.02%                | 2.75%                |
| Class ID C000054337 | 1.49%                | 6.00%                | 2.78%                |
| Class ID C000054338 | 1.41%                | 6.02%                | 2.68%                |
| Class ID C000173220 | 1.55%                | 6.05%                | 2.77%                |
| Class ID C000106052 | 1.50%                | 5.98%                | 2.74%                |
| Class ID C000106053 | 1.54%                | 6.07%                | 2.76%                |
| Class ID C000007656 | 1.54%                | 6.07%                | 2.76%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7212404.25              | $4464247.37                                |
| Month 2  | $13889361.50             | $37922597.07                               |
| Month 3  | $12493840.82             | $12876233.48                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                          | Title                                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Radian Group, Inc.                            | Radian Group, Inc.                                                    | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |     62306 | NS      | $2256723.32   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Real Brokerage, Inc. (The)                    | Real Brokerage, Inc. (The)                                            | CUSIP: 75585H206<br>LEI: 254900X7DGVQ8SUIC387 | Long             | EC               | CORP              | CA        |    190401 | NS      | $795876.18    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp.                        | Independent Bank Corp.                                                | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |     11349 | NS      | $785010.33    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive, Inc.                      | Group 1 Automotive, Inc.                                              | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      2186 | NS      | $956396.86    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings, Inc.                  | Thermon Group Holdings, Inc.                                          | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |     46558 | NS      | $1244029.76   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp.                                | Renasant Corp.                                                        | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |     19298 | NS      | $711903.22    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties                       | COPT Defense Properties                                               | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |    125585 | NS      | $3649500.10   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluence Energy, Inc.                          | Fluence Energy, Inc.                                                  | CUSIP: 34379V103<br>LEI: 25490043LHZ97BT5PP29 | Long             | EC               | CORP              | US        |     39100 | NS      | $422280.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Wintrust Financial Corp.                      | Wintrust Financial Corp.                                              | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     12418 | NS      | $1644639.92   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide, Inc.                    | Wolverine World Wide, Inc.                                            | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |     90193 | NS      | $2474895.92   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelis Insurance Holdings Ltd.               | Fidelis Insurance Holdings Ltd.                                       | CUSIP: N/A<br>LEI: 549300CDMGCAGJQ7DX03       | Long             | EC               | CORP              | BM        |     79139 | NS      | $1436372.85   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital, Inc.                            | InterDigital, Inc.                                                    | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18579 | NS      | $6414028.17   | 0.66%             |  |  |  | No            |                  1 | On Loan: —       |
| RLI Corp.                                     | RLI Corp.                                                             | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |     13150 | NS      | $857643.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp.                    | Chesapeake Utilities Corp.                                            | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |     16573 | NS      | $2232217.37   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC Group, Inc.                               | BGC Group, Inc., Class A                                              | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |    277498 | NS      | $2625131.08   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulfport Energy Corp.                         | Gulfport Energy Corp.                                                 | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |     11211 | NS      | $2028966.78   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Merchants Bancorp                             | Merchants Bancorp                                                     | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |      8728 | NS      | $277550.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WesBanco, Inc.                                | WesBanco, Inc.                                                        | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21585 | NS      | $689209.05    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings, Inc.                      | FirstCash Holdings, Inc.                                              | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6068 | NS      | $961292.56    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corp.                         | Hancock Whitney Corp.                                                 | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |     23067 | NS      | $1444224.87   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Viasat, Inc.                                  | Viasat, Inc.                                                          | CUSIP: 92552V100<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | EC               | CORP              | US        |     38201 | NS      | $1119289.30   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Outset Medical, Inc.                          | Outset Medical, Inc.                                                  | CUSIP: 690145206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43718 | NS      | $617298.16    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Brinker International, Inc.                   | Brinker International, Inc.                                           | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |      9838 | NS      | $1246277.84   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp.                          | Addus HomeCare Corp.                                                  | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |      4142 | NS      | $488714.58    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Bancshares, Inc.                       | Equity Bancshares, Inc., Class A                                      | CUSIP: 29460X109<br>LEI: 549300BPQ2EJNU4WF694 | Long             | EC               | CORP              | US        |     52249 | NS      | $2126534.30   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MidWestOne Financial Group, Inc.              | MidWestOne Financial Group, Inc.                                      | CUSIP: 598511103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18588 | NS      | $525854.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Garrett Motion, Inc.                          | Garrett Motion, Inc.                                                  | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | US        |    183437 | NS      | $2498411.94   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies, Inc.                    | Resideo Technologies, Inc.                                            | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |     82355 | NS      | $3556088.90   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| D-Wave Quantum, Inc.                          | D-Wave Quantum, Inc.                                                  | CUSIP: 26740W109<br>LEI: 5493001U37G4PRD4GW95 | Long             | EC               | CORP              | US        |     79288 | NS      | $1959206.48   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| ORIC Pharmaceuticals, Inc.                    | ORIC Pharmaceuticals, Inc.                                            | CUSIP: 68622P109<br>LEI: 54930033FJRNEYBW0L25 | Long             | EC               | CORP              | US        |    260082 | NS      | $3120984.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods, Inc.                         | Cal-Maine Foods, Inc.                                                 | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |     22454 | NS      | $2112921.40   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Madrigal Pharmaceuticals, Inc.                | Madrigal Pharmaceuticals, Inc.                                        | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |     10277 | NS      | $4713648.82   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                              | TriCo Bancshares                                                      | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17079 | NS      | $758478.39    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Balchem Corp.                                 | Balchem Corp.                                                         | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |     24972 | NS      | $3747298.32   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| HeartFlow, Inc.                               | HeartFlow, Inc.                                                       | CUSIP: 42238D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12603 | NS      | $424216.98    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Scientific, Inc.                         | Core Scientific, Inc.                                                 | CUSIP: 21874A106<br>LEI: 5299003RGB2LAZ65RK73 | Long             | EC               | CORP              | US        |    124582 | NS      | $2235001.08   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Oscar Health, Inc.                            | Oscar Health, Inc., Class A                                           | CUSIP: 687793109<br>LEI: 254900AE8KDLFDOPKZ19 | Long             | EC               | CORP              | US        |     98801 | NS      | $1870302.93   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp.                          | Meritage Homes Corp.                                                  | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     17378 | NS      | $1258688.54   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Polaris, Inc.                                 | Polaris, Inc.                                                         | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |     17120 | NS      | $995185.60    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv, Inc.                                 | Ovintiv, Inc.                                                         | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     37933 | NS      | $1531734.54   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corp.                            | Bloom Energy Corp., Class A                                           | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |     24170 | NS      | $2044056.90   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Resources Corp.                    | New Jersey Resources Corp.                                            | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |     63006 | NS      | $3033738.90   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hut 8 Corp.                                   | Hut 8 Corp.                                                           | CUSIP: 44812J104<br>LEI: 98450066FEF9C1D3FC20 | Long             | EC               | CORP              | US        |     21117 | NS      | $735082.77    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp.                             | Haemonetics Corp.                                                     | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |     32378 | NS      | $1578103.72   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Xperi, Inc.                                   | Xperi, Inc.                                                           | CUSIP: 98423J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    253470 | NS      | $1642485.60   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Vita Coco Co., Inc. (The)                     | Vita Coco Co., Inc. (The)                                             | CUSIP: 92846Q107<br>LEI: 54930020WXOAWHR85Y25 | Long             | EC               | CORP              | US        |     35053 | NS      | $1488700.91   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd.           | Credo Technology Group Holding Ltd.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     47582 | NS      | $6928415.02   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercantile Bank Corp.                         | Mercantile Bank Corp.                                                 | CUSIP: 587376104<br>LEI: P16VZZCKTJ5IONL6XE37 | Long             | EC               | CORP              | US        |     34205 | NS      | $1539225.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NWPX Infrastructure, Inc.                     | NWPX Infrastructure, Inc.                                             | CUSIP: 667746101<br>LEI: 54930056VW2CRCZ9RE54 | Long             | EC               | CORP              | US        |      7746 | NS      | $409995.78    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WM Technology, Inc.                           | WM Technology, Inc.                                                   | CUSIP: 92971A109<br>LEI: 549300APSNIYJ4PTIL34 | Long             | EC               | CORP              | US        |    554278 | NS      | $642962.48    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kymera Therapeutics, Inc.                     | Kymera Therapeutics, Inc.                                             | CUSIP: 501575104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58316 | NS      | $3300685.60   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies, Inc.                    | Axcelis Technologies, Inc.                                            | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |      4569 | NS      | $446117.16    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sight Sciences, Inc.                          | Sight Sciences, Inc.                                                  | CUSIP: 82657M105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14686 | NS      | $50519.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TechTarget, Inc.                              | TechTarget, Inc.                                                      | CUSIP: 87874R308<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60225 | NS      | $349907.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Oddity Tech Ltd.                              | Oddity Tech Ltd., Class A                                             | CUSIP: N/A<br>LEI: 254900QH12XZS53G0V57       | Long             | EC               | CORP              | IL        |     28997 | NS      | $1806513.10   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Semtech Corp.                                 | Semtech Corp.                                                         | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |     19505 | NS      | $1393632.25   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack in the Box, Inc.                         | Jack in the Box, Inc.                                                 | CUSIP: 466367109<br>LEI: 5493002OJW26P0SUUP68 | Long             | EC               | CORP              | US        |     94438 | NS      | $1867039.26   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| JPMorgan Securities Lending Money Market Fund | JPMorgan Securities Lending Money Market Fund, Class Agency SL Shares | CUSIP: 46645V642<br>LEI: 5493002FD4HXUJXMRO62 | Long             | STIV             | RF                | US        |  40448304 | NS      | $40448303.80  | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health, Inc.                      | Option Care Health, Inc.                                              | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |     74579 | NS      | $2070313.04   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Financial Institutions, Inc.                  | Financial Institutions, Inc.                                          | CUSIP: 317585404<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54156 | NS      | $1473043.20   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings, Inc.                        | Tenable Holdings, Inc.                                                | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |     52947 | NS      | $1543934.52   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilltop Holdings, Inc.                        | Hilltop Holdings, Inc.                                                | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |     34586 | NS      | $1155864.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTRAN Holdings, Inc.                         | ADTRAN Holdings, Inc.                                                 | CUSIP: 00486H105<br>LEI: 549300VV36J86CRRWF77 | Long             | EC               | CORP              | US        |    119476 | NS      | $1120684.88   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackSky Technology, Inc.                     | BlackSky Technology, Inc.                                             | CUSIP: 09263B207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82414 | NS      | $1660642.10   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Planet Labs PBC                               | Planet Labs PBC                                                       | CUSIP: 72703X106<br>LEI: 254900Q7PVI3HTQBRB44 | Long             | EC               | CORP              | US        |     55380 | NS      | $718832.40    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Korro Bio, Inc.                               | Korro Bio, Inc.                                                       | CUSIP: 500946108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     78640 | NS      | $3766069.60   | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| Scorpio Tankers, Inc.                         | Scorpio Tankers, Inc.                                                 | CUSIP: N/A<br>LEI: 549300NVJUH16NXG8K87       | Long             | EC               | CORP              | MH        |      2514 | NS      | $140909.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bullish                                       | Bullish                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     32278 | NS      | $2053203.58   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co.                   | DiamondRock Hospitality Co.                                           | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |    150949 | NS      | $1201554.04   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Piedmont Realty Trust, Inc.                   | Piedmont Realty Trust, Inc., Class A                                  | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    204258 | NS      | $1838322.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters, Inc.                        | Urban Outfitters, Inc.                                                | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |     54137 | NS      | $3867005.91   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                          | Old National Bancorp                                                  | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    153977 | NS      | $3379795.15   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Trustmark Corp.                               | Trustmark Corp.                                                       | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |      6391 | NS      | $253083.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins, Inc.                                 | Hawkins, Inc.                                                         | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |      6265 | NS      | $1144740.80   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CryoPort, Inc.                                | CryoPort, Inc.                                                        | CUSIP: 229050307<br>LEI: 9845004D8538BT8JF626 | Long             | EC               | CORP              | US        |     77244 | NS      | $732273.12    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniAb, Inc.                                  | OmniAb, Inc.                                                          | CUSIP: 68218J301<br>LEI: N/A                  | Long             |  | CORP              | US        |      7220 | NS      | $0.01         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Abercrombie & Fitch Co.                       | Abercrombie & Fitch Co., Class A                                      | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |     20737 | NS      | $1774050.35   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Radiant Logistics, Inc.                       | Radiant Logistics, Inc.                                               | CUSIP: 75025X100<br>LEI: 549300HWCW2HBOG4GN20 | Long             | EC               | CORP              | US        |     80634 | NS      | $475740.60    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearfield, Inc.                              | Clearfield, Inc.                                                      | CUSIP: 18482P103<br>LEI: 529900M4S2OQ1ADPR537 | Long             | EC               | CORP              | US        |     70579 | NS      | $2426506.02   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of California, Inc.                      | Banc of California, Inc.                                              | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    181917 | NS      | $3010726.35   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgewater Bancshares, Inc.                  | Bridgewater Bancshares, Inc.                                          | CUSIP: 108621103<br>LEI: 5493001FLSBTVILKXZ71 | Long             | EC               | CORP              | US        |     17556 | NS      | $308985.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore, Inc.                                  | Atkore, Inc.                                                          | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |     29052 | NS      | $1822722.48   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus, Inc.                                  | Cactus, Inc., Class A                                                 | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |      5975 | NS      | $235833.25    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International, Inc.                     | Titan International, Inc.                                             | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |     95456 | NS      | $721647.36    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellium SE                                | Constellium SE                                                        | CUSIP: N/A<br>LEI: 724500KRJEMC79KAAU28       | Long             | EC               | CORP              | FR        |    253093 | NS      | $3766023.84   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology, Inc.                  | Vishay Intertechnology, Inc.                                          | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |    125229 | NS      | $1916003.70   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusPoint Ltd.                              | SiriusPoint Ltd.                                                      | CUSIP: N/A<br>LEI: 549300OGXFI85N3YZZ51       | Long             | EC               | CORP              | BM        |     32815 | NS      | $593623.35    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corp.                                 | Navient Corp.                                                         | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |     21268 | NS      | $279674.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR Holdings, Inc.                            | QCR Holdings, Inc.                                                    | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |     31715 | NS      | $2398922.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Warrior Met Coal, Inc.                        | Warrior Met Coal, Inc.                                                | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               | CORP              | US        |     22765 | NS      | $1448764.60   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Technologies, Inc.                     | Hudson Technologies, Inc.                                             | CUSIP: 444144109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8395 | NS      | $83362.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital City Bank Group, Inc.                 | Capital City Bank Group, Inc.                                         | CUSIP: 139674105<br>LEI: 254900NVLVUJQZKTQE82 | Long             | EC               | CORP              | US        |      4632 | NS      | $193571.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Missouri Bancorp, Inc.               | Southern Missouri Bancorp, Inc.                                       | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6354 | NS      | $333966.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Phibro Animal Health Corp.                    | Phibro Animal Health Corp., Class A                                   | CUSIP: 71742Q106<br>LEI: 549300U24SP4AF2JUX52 | Long             | EC               | CORP              | US        |     80876 | NS      | $3272242.96   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Excelerate Energy, Inc.                       | Excelerate Energy, Inc., Class A                                      | CUSIP: 30069T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63813 | NS      | $1607449.47   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Fuels, Inc.                            | Energy Fuels, Inc.                                                    | CUSIP: 292671708<br>LEI: 529900P0GCATXMGK8I62 | Long             | EC               | CORP              | CA        |    134212 | NS      | $2060154.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Funko, Inc.                                   | Funko, Inc., Class A                                                  | CUSIP: 361008105<br>LEI: 529900NG9F0KL5P6NK67 | Long             | EC               | CORP              | US        |    214282 | NS      | $737130.08    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DXP Enterprises, Inc.                         | DXP Enterprises, Inc.                                                 | CUSIP: 233377407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5532 | NS      | $658695.24    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Inogen, Inc.                                  | Inogen, Inc.                                                          | CUSIP: 45780L104<br>LEI: 549300J8WJIVTOJ8IH97 | Long             | EC               | CORP              | US        |    121575 | NS      | $993267.75    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Nelnet, Inc.                                  | Nelnet, Inc., Class A                                                 | CUSIP: 64031N108<br>LEI: 549300T6B0Q52I6OM558 | Long             | EC               | CORP              | US        |      3900 | NS      | $488982.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NextDecade Corp.                              | NextDecade Corp.                                                      | CUSIP: 65342K105<br>LEI: 549300XB4GCLNGHFTT48 | Long             | EC               | CORP              | US        |    102622 | NS      | $696803.38    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings, Inc.                       | Lantheus Holdings, Inc.                                               | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     22215 | NS      | $1139407.35   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners, Inc.              | Virtus Investment Partners, Inc.                                      | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |      6869 | NS      | $1305316.07   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Marqeta, Inc.                                 | Marqeta, Inc., Class A                                                | CUSIP: 57142B104<br>LEI: 254900UZARK0FMZGZE18 | Long             | EC               | CORP              | US        |    401806 | NS      | $2121535.68   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Second Bancorp, Inc.                      | Old Second Bancorp, Inc.                                              | CUSIP: 680277100<br>LEI: 549300XVJC1MPUT81C04 | Long             | EC               | CORP              | US        |     92025 | NS      | $1590652.13   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| OraSure Technologies, Inc.                    | OraSure Technologies, Inc.                                            | CUSIP: 68554V108<br>LEI: 529900GNNJPNM4XHXQ77 | Long             | EC               | CORP              | US        |    443543 | NS      | $1423773.03   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Digital Corp.                         | Applied Digital Corp.                                                 | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |     77408 | NS      | $1775739.52   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| NEXTracker, Inc.                              | NEXTracker, Inc., Class A                                             | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17832 | NS      | $1319389.68   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Latinoamericano de Comercio Exterior SA | Banco Latinoamericano de Comercio Exterior SA, Class E                | CUSIP: N/A<br>LEI: 549300CN3134K4LC0651       | Long             | EC               | NUSS              | PA        |     36514 | NS      | $1678548.58   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Berry Corp.                                   | Berry Corp.                                                           | CUSIP: 08579X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    261895 | NS      | $989963.10    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co.                                  | Moelis & Co., Class A                                                 | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     12807 | NS      | $913395.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec, Inc.                                | Innospec, Inc.                                                        | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |     18703 | NS      | $1443123.48   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corp.                                   | Fluor Corp.                                                           | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     74544 | NS      | $3136066.08   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid Penn Bancorp, Inc.                        | Mid Penn Bancorp, Inc.                                                | CUSIP: 59540G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3071 | NS      | $87953.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| 10X Genomics, Inc.                            | 10X Genomics, Inc., Class A                                           | CUSIP: 88025U109<br>LEI: 5493003Z6741WNLG7H43 | Long             | EC               | CORP              | US        |    142639 | NS      | $1667449.91   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Uranium Energy Corp.                          | Uranium Energy Corp.                                                  | CUSIP: 916896103<br>LEI: 549300VD69WD2USLIP04 | Long             | EC               | CORP              | US        |    177589 | NS      | $2369037.26   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleanspark, Inc.                              | Cleanspark, Inc.                                                      | CUSIP: 18452B209<br>LEI: 254900VO7KBRJQDGY810 | Long             | EC               | CORP              | US        |     22046 | NS      | $319667.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Udemy, Inc.                                   | Udemy, Inc.                                                           | CUSIP: 902685106<br>LEI: 2549000T304QU9SAM180 | Long             | EC               | CORP              | US        |    295971 | NS      | $2074756.71   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| McGrath RentCorp                              | McGrath RentCorp                                                      | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |      6389 | NS      | $749429.70    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Teladoc Health, Inc.                          | Teladoc Health, Inc.                                                  | CUSIP: 87918A105<br>LEI: 549300I2PVFBC9MFAC61 | Long             | EC               | CORP              | US        |    196307 | NS      | $1517453.11   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Southside Bancshares, Inc.                    | Southside Bancshares, Inc.                                            | CUSIP: 84470P109<br>LEI: 549300TC83207VQA2K65 | Long             | EC               | CORP              | US        |     17295 | NS      | $488583.75    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp.                     | Curbline Properties Corp.                                             | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |     43447 | NS      | $968868.10    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicell, Inc.                                | Omnicell, Inc.                                                        | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |     44844 | NS      | $1365499.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp.                    | Taylor Morrison Home Corp.                                            | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     41867 | NS      | $2763640.67   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Amalgamated Financial Corp.                   | Amalgamated Financial Corp.                                           | CUSIP: 022671101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6496 | NS      | $176366.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Walker & Dunlop, Inc.                         | Walker & Dunlop, Inc.                                                 | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22116 | NS      | $1849339.92   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Amerant Bancorp, Inc.                         | Amerant Bancorp, Inc.                                                 | CUSIP: 023576101<br>LEI: 54930071V6LIG79MTL10 | Long             | EC               | CORP              | US        |     32973 | NS      | $635389.71    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Consensus Cloud Solutions, Inc.               | Consensus Cloud Solutions, Inc.                                       | CUSIP: 20848V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68757 | NS      | $2019393.09   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries, Inc.                      | Mueller Industries, Inc.                                              | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     33338 | NS      | $3370805.18   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ON24, Inc.                                    | ON24, Inc.                                                            | CUSIP: 68339B104<br>LEI: 254900S6S9YKYTO9Q964 | Long             | EC               | CORP              | US        |    328394 | NS      | $1878413.68   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Biglari Holdings, Inc.                        | Biglari Holdings, Inc., Class B                                       | CUSIP: 08986R309<br>LEI: 549300GLWWSODF8TM682 | Long             | EC               | CORP              | US        |      4733 | NS      | $1531835.45   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies, Inc.                | Watts Water Technologies, Inc., Class A                               | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |     18942 | NS      | $5290121.76   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Home                                       | KB Home                                                               | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     27864 | NS      | $1773264.96   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co.                      | Central Garden & Pet Co., Class A                                     | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |     32698 | NS      | $965571.94    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cargurus, Inc.                                | Cargurus, Inc.                                                        | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |     77474 | NS      | $2884357.02   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd.                           | Capri Holdings Ltd.                                                   | CUSIP: N/A<br>LEI: 549300LPG8W0H1OX3A26       | Long             | EC               | CORP              | VG        |    124774 | NS      | $2485498.08   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Indivior plc                                  | Indivior plc                                                          | CUSIP: N/A<br>LEI: 213800V3NCQTY7IED471       | Long             | EC               | CORP              | GB        |     45252 | NS      | $1091025.72   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextdoor Holdings, Inc.                       | Nextdoor Holdings, Inc.                                               | CUSIP: 65345M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86102 | NS      | $179953.18    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Teekay Tankers Ltd.                           | Teekay Tankers Ltd., Class A                                          | CUSIP: N/A<br>LEI: 549300DE8ZAIYS2T6Q22       | Long             | EC               | CORP              | BM        |     52512 | NS      | $2654481.60   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ooma, Inc.                                    | Ooma, Inc.                                                            | CUSIP: 683416101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    142729 | NS      | $1711320.71   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| OceanFirst Financial Corp.                    | OceanFirst Financial Corp.                                            | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    117991 | NS      | $2073101.87   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholastic Corp.                              | Scholastic Corp.                                                      | CUSIP: 807066105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32700 | NS      | $895326.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| WaVe Life Sciences Ltd.                       | WaVe Life Sciences Ltd.                                               | CUSIP: N/A<br>LEI: 54930070006GPKFYZ813       | Long             | EC               | CORP              | SG        |     52073 | NS      | $381174.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Playtika Holding Corp.                        | Playtika Holding Corp.                                                | CUSIP: 72815L107<br>LEI: 254900E35Z4TKA4UFG64 | Long             | EC               | CORP              | US        |    118563 | NS      | $461210.07    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services, Inc.               | Barrett Business Services, Inc.                                       | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |     30445 | NS      | $1349322.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                      | Fabrinet                                                              | CUSIP: N/A<br>LEI: 5493004TETZ6IYF7CV44       | Long             | EC               | CORP              | KY        |     14801 | NS      | $5396740.62   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Kelly Services, Inc.                          | Kelly Services, Inc., Class A                                         | CUSIP: 488152208<br>LEI: 25490035B2ZPL6RM1974 | Long             | EC               | CORP              | US        |     69374 | NS      | $910186.88    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnite, Inc.                                 | Magnite, Inc.                                                         | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |    114704 | NS      | $2498253.12   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust, Inc.       | Essential Properties Realty Trust, Inc.                               | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    133770 | NS      | $3980995.20   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks, Inc.                  | United Community Banks, Inc.                                          | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |     11127 | NS      | $348831.45    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Business First Bancshares, Inc.               | Business First Bancshares, Inc.                                       | CUSIP: 12326C105<br>LEI: 549300ILTC50KHDX4A08 | Long             | EC               | CORP              | US        |     38187 | NS      | $901595.07    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co.                             | Boise Cascade Co.                                                     | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     16460 | NS      | $1272687.20   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp.                            | Chord Energy Corp.                                                    | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |      7817 | NS      | $776775.29    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Arlo Technologies, Inc.                       | Arlo Technologies, Inc.                                               | CUSIP: 04206A101<br>LEI: 549300T4EUX2OQ75HV52 | Long             | EC               | CORP              | US        |    158735 | NS      | $2690558.25   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Gray Media, Inc.                              | Gray Media, Inc.                                                      | CUSIP: 389375106<br>LEI: 529900TM5726KDN7UU35 | Long             | EC               | CORP              | US        |     37252 | NS      | $215316.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Box, Inc.                                     | Box, Inc., Class A                                                    | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |     95371 | NS      | $3077622.17   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Brink's Co. (The)                             | Brink's Co. (The)                                                     | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |     17371 | NS      | $2029975.06   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| National HealthCare Corp.                     | National HealthCare Corp.                                             | CUSIP: 635906100<br>LEI: 254900PTS11LS1JS2752 | Long             | EC               | CORP              | US        |      6644 | NS      | $807312.44    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd.                             | Essent Group Ltd.                                                     | CUSIP: N/A<br>LEI: 254900QUO860OUT6ZF83       | Long             | EC               | CORP              | BM        |     37859 | NS      | $2406318.04   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ChoiceOne Financial Services, Inc.            | ChoiceOne Financial Services, Inc.                                    | CUSIP: 170386106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8110 | NS      | $234865.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Forum Energy Technologies, Inc.               | Forum Energy Technologies, Inc.                                       | CUSIP: 34984V209<br>LEI: 549300SF93HLCR1REE27 | Long             | EC               | CORP              | US        |     49272 | NS      | $1316055.12   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Burke & Herbert Financial Services Corp.      | Burke & Herbert Financial Services Corp.                              | CUSIP: 12135Y108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3858 | NS      | $238000.02    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp.                        | Twist Bioscience Corp.                                                | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |      6309 | NS      | $177535.26    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech, Inc.                              | Tetra Tech, Inc.                                                      | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |     71797 | NS      | $2396583.86   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentra Group Holdings Parent, Inc.         | Concentra Group Holdings Parent, Inc.                                 | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64663 | NS      | $1353396.59   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LendingClub Corp.                             | LendingClub Corp.                                                     | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |     37434 | NS      | $568622.46    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Transocean Ltd.                               | Transocean Ltd.                                                       | CUSIP: N/A<br>LEI: 529900QO4W5DQGBGEF32       | Long             | EC               | CORP              | CH        |    449835 | NS      | $1403485.20   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CommScope Holding Co., Inc.                   | CommScope Holding Co., Inc.                                           | CUSIP: 20337X109<br>LEI: 254900AW4CEPCQWSRI58 | Long             | EC               | CORP              | US        |    116547 | NS      | $1804147.56   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniAb, Inc.                                  | OmniAb, Inc.                                                          | CUSIP: 68218J103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47825 | NS      | $76520.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| StandardAero, Inc.                            | StandardAero, Inc.                                                    | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30455 | NS      | $831116.95    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Brightstar Lottery plc                        | Brightstar Lottery plc                                                | CUSIP: N/A<br>LEI: 549300UQ6KHRCZDRGZ76       | Long             | EC               | CORP              | GB        |     76008 | NS      | $1311138.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corp.                                    | GATX Corp.                                                            | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |      8018 | NS      | $1401546.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Riot Platforms, Inc.                          | Riot Platforms, Inc.                                                  | CUSIP: 767292105<br>LEI: 5299005LKZAJQDQZDF73 | Long             | EC               | CORP              | US        |     94938 | NS      | $1806670.14   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Phinia, Inc.                                  | Phinia, Inc.                                                          | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |     37553 | NS      | $2158546.44   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SI-BONE, Inc.                                 | SI-BONE, Inc.                                                         | CUSIP: 825704109<br>LEI: 549300J8JGYVJJHV9C31 | Long             | EC               | CORP              | US        |     37744 | NS      | $555591.68    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| City Office REIT, Inc.                        | City Office REIT, Inc.                                                | CUSIP: 178587101<br>LEI: 5493003J7157VP25NL57 | Long             | EC               | CORP              | US        |     28078 | NS      | $195422.88    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy, Inc.                         | Clearway Energy, Inc.                                                 | CUSIP: 18539C105<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     13894 | NS      | $374165.42    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Group Holdings, Inc.                    | Orion Group Holdings, Inc.                                            | CUSIP: 68628V308<br>LEI: 549300KBVXPV9Q3CT222 | Long             | EC               | CORP              | US        |     74226 | NS      | $617560.32    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Safety Insurance Group, Inc.                  | Safety Insurance Group, Inc.                                          | CUSIP: 78648T100<br>LEI: 254900LDCFLA3J746840 | Long             | EC               | CORP              | US        |     13737 | NS      | $971068.53    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp.                                 | Griffon Corp.                                                         | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |     59310 | NS      | $4516456.50   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners, Inc.             | Pinnacle Financial Partners, Inc.                                     | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |      2780 | NS      | $260736.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp.                               | Blue Bird Corp.                                                       | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |     25785 | NS      | $1483926.75   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corp.                                   | Terex Corp.                                                           | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |     46954 | NS      | $2408740.20   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts, Inc.                      | Advance Auto Parts, Inc.                                              | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |     19177 | NS      | $1177467.80   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Prothena Corp. plc                            | Prothena Corp. plc                                                    | CUSIP: N/A<br>LEI: 5299009ZXQ8NIIJ8OL30       | Long             | EC               | CORP              | IE        |    173125 | NS      | $1689700.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Greif, Inc.                                   | Greif, Inc., Class A                                                  | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |     28160 | NS      | $1682841.60   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| United Bankshares, Inc.                       | United Bankshares, Inc.                                               | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               | CORP              | US        |     13501 | NS      | $502372.21    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ranger Energy Services, Inc.                  | Ranger Energy Services, Inc., Class A                                 | CUSIP: 75282U104<br>LEI: 549300J7RIVGVAN0RE23 | Long             | EC               | CORP              | US        |     73895 | NS      | $1037485.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ACV Auctions, Inc.                            | ACV Auctions, Inc., Class A                                           | CUSIP: 00091G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    238206 | NS      | $2360621.46   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Farms, Inc.                             | Vital Farms, Inc.                                                     | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |     10690 | NS      | $439893.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Janux Therapeutics, Inc.                      | Janux Therapeutics, Inc.                                              | CUSIP: 47103J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54778 | NS      | $1338774.32   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd.                             | WNS Holdings Ltd.                                                     | CUSIP: N/A<br>LEI: 529900RM7QHUD3W9DM42       | Long             | EC               | CORP              | JE        |     40857 | NS      | $3116163.39   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises, Inc.                     | Insight Enterprises, Inc.                                             | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |     20408 | NS      | $2314471.28   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Bankshares, Inc.                      | Eastern Bankshares, Inc.                                              | CUSIP: 27627N105<br>LEI: 549300J245MBQU3DO403 | Long             | EC               | CORP              | US        |    228475 | NS      | $4146821.25   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Amicus Therapeutics, Inc.                     | Amicus Therapeutics, Inc.                                             | CUSIP: 03152W109<br>LEI: 549300MRD1SMUTNBPQ53 | Long             | EC               | CORP              | US        |    217484 | NS      | $1713773.92   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings, Inc.                | Victory Capital Holdings, Inc., Class A                               | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |     15222 | NS      | $985776.72    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Energy Fuels Corp.                      | Clean Energy Fuels Corp.                                              | CUSIP: 184499101<br>LEI: 549300MTQB4VUAOPMF71 | Long             | EC               | CORP              | US        |    448992 | NS      | $1158399.36   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthStream, Inc.                            | HealthStream, Inc.                                                    | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               | CORP              | US        |     74697 | NS      | $2109443.28   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp.                          | Verra Mobility Corp.                                                  | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |    118061 | NS      | $2916106.70   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha & Omega Semiconductor Ltd.              | Alpha & Omega Semiconductor Ltd.                                      | CUSIP: N/A<br>LEI: 5493001FE7J03YOV2V35       | Long             | EC               | CORP              | BM        |     14337 | NS      | $400862.52    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sapiens International Corp. NV                | Sapiens International Corp. NV                                        | CUSIP: N/A<br>LEI: 2549009P4ZS02GC5QV68       | Long             | EC               | CORP              | KY        |     37329 | NS      | $1605147.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Therapeutics, Inc.                        | PTC Therapeutics, Inc.                                                | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |     22262 | NS      | $1366218.94   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshworks, Inc.                              | Freshworks, Inc., Class A                                             | CUSIP: 358054104<br>LEI: 254900ULRGCUEIK0K191 | Long             | EC               | CORP              | US        |    162825 | NS      | $1916450.25   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Commercial Real Estate Finance, Inc.   | Apollo Commercial Real Estate Finance, Inc.                           | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               | CORP              | US        |     44922 | NS      | $455059.86    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys, Inc.                                  | Qualys, Inc.                                                          | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |     15080 | NS      | $1995536.40   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group, Inc. (The)                      | Ensign Group, Inc. (The)                                              | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |     22869 | NS      | $3951077.13   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Workiva, Inc.                                 | Workiva, Inc.                                                         | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |     16632 | NS      | $1431682.56   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuvalent, Inc.                                | Nuvalent, Inc., Class A                                               | CUSIP: 670703107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10504 | NS      | $908385.92    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Aurora Innovation, Inc.                       | Aurora Innovation, Inc.                                               | CUSIP: 051774107<br>LEI: 984500AB2E0D9F7D9D76 | Long             | EC               | CORP              | US        |     55423 | NS      | $298729.97    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AtriCure, Inc.                                | AtriCure, Inc.                                                        | CUSIP: 04963C209<br>LEI: 254900B2I6GPHK2EXM59 | Long             | EC               | CORP              | US        |     58322 | NS      | $2055850.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp.                                  | Plexus Corp.                                                          | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |     23795 | NS      | $3442898.55   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Asana, Inc.                                   | Asana, Inc., Class A                                                  | CUSIP: 04342Y104<br>LEI: 254900X7UAJNMLPLZ510 | Long             | EC               | CORP              | US        |     78583 | NS      | $1049868.88   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Eventbrite, Inc.                              | Eventbrite, Inc., Class A                                             | CUSIP: 29975E109<br>LEI: 549300N6XBV2B1FAUF55 | Long             | EC               | CORP              | US        |    304641 | NS      | $767695.32    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Perimeter Solutions, Inc.                     | Perimeter Solutions, Inc.                                             | CUSIP: 71385M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    188563 | NS      | $4221925.57   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings, Inc.                    | Ultra Clean Holdings, Inc.                                            | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |    107149 | NS      | $2919810.25   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp.                           | UMB Financial Corp.                                                   | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     16926 | NS      | $2003192.10   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Red Rock Resorts, Inc.                        | Red Rock Resorts, Inc., Class A                                       | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16632 | NS      | $1015549.92   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERTEC, Inc.                                 | EVERTEC, Inc.                                                         | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |     60869 | NS      | $2056154.82   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristow Group, Inc.                           | Bristow Group, Inc.                                                   | CUSIP: 11040G103<br>LEI: 5493005Q24EN3UC1PV68 | Long             | EC               | CORP              | US        |     12811 | NS      | $462220.88    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group, Inc.       | Skyward Specialty Insurance Group, Inc.                               | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |      6150 | NS      | $292494.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CNB Financial Corp.                           | CNB Financial Corp.                                                   | CUSIP: 126128107<br>LEI: 254900RUYUOKD91VNX69 | Long             | EC               | CORP              | US        |     47140 | NS      | $1140788.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Beacon Financial Corp.                        | Beacon Financial Corp.                                                | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |     27880 | NS      | $661034.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Burford Capital Ltd.                          | Burford Capital Ltd.                                                  | CUSIP: N/A<br>LEI: 549300FUKUWFYJMT2277       | Long             | EC               | CORP              | GG        |    137548 | NS      | $1645074.08   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries, Inc.                          | UFP Industries, Inc.                                                  | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     29002 | NS      | $2711396.98   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp.                  | National Bank Holdings Corp., Class A                                 | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12619 | NS      | $487598.16    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Russell 2000 E-Mini Index                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       148 | NC      | $56249.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog, Inc.                                    | Moog, Inc., Class A                                                   | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |      9966 | NS      | $2069639.22   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirum Pharmaceuticals, Inc.                   | Mirum Pharmaceuticals, Inc.                                           | CUSIP: 604749101<br>LEI: 254900YZKR40F7F27K81 | Long             | EC               | CORP              | US        |     13580 | NS      | $995549.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co., Inc.               | Simpson Manufacturing Co., Inc.                                       | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |      2107 | NS      | $352838.22    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parks & Resorts, Inc.                  | United Parks & Resorts, Inc.                                          | CUSIP: 81282V100<br>LEI: 529900G0H4NV3IIK3269 | Long             | EC               | CORP              | US        |     27876 | NS      | $1441189.20   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Avanos Medical, Inc.                          | Avanos Medical, Inc.                                                  | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |    143895 | NS      | $1663426.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cars.com, Inc.                                | Cars.com, Inc.                                                        | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |     20541 | NS      | $251011.02    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Laureate Education, Inc.                      | Laureate Education, Inc., Class A                                     | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |     86079 | NS      | $2714931.66   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial, Inc.                          | Axos Financial, Inc.                                                  | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     27012 | NS      | $2286565.80   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Towne Bank                                    | Towne Bank                                                            | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |     30571 | NS      | $1056839.47   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings, Inc.                     | ExlService Holdings, Inc.                                             | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     28223 | NS      | $1242658.69   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education, Inc.                | Adtalem Global Education, Inc.                                        | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |     20703 | NS      | $3197578.35   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Byline Bancorp, Inc.                          | Byline Bancorp, Inc.                                                  | CUSIP: 124411109<br>LEI: 549300W7ODP4YL2H4823 | Long             | EC               | CORP              | US        |     88060 | NS      | $2441903.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                          | LXP Industrial Trust                                                  | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |    170583 | NS      | $1528423.68   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenia Hotels & Resorts, Inc.                  | Xenia Hotels & Resorts, Inc.                                          | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |    159878 | NS      | $2193526.16   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitol Federal Financial, Inc.               | Capitol Federal Financial, Inc.                                       | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28352 | NS      | $180035.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| McGraw Hill, Inc.                             | McGraw Hill, Inc.                                                     | CUSIP: 580907103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    254594 | NS      | $3195154.70   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| InvenTrust Properties Corp.                   | InvenTrust Properties Corp.                                           | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |     49550 | NS      | $1418121.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Enterprises, Inc.                      | Apogee Enterprises, Inc.                                              | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |     10812 | NS      | $471078.84    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride, Inc.                                  | Stride, Inc.                                                          | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |     23025 | NS      | $3429343.50   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial, Inc.                       | Jackson Financial, Inc., Class A                                      | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |     37619 | NS      | $3808171.37   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient plc                                    | Adient plc                                                            | CUSIP: N/A<br>LEI: 5493002QLDY8O75RTR78       | Long             | EC               | CORP              | IE        |    158964 | NS      | $3827853.12   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Nature's Sunshine Products, Inc.              | Nature's Sunshine Products, Inc.                                      | CUSIP: 639027101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29438 | NS      | $456877.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresh Del Monte Produce, Inc.                 | Fresh Del Monte Produce, Inc.                                         | CUSIP: N/A<br>LEI: 529900I72V9F0FEZR228       | Long             | EC               | CORP              | KY        |     22826 | NS      | $792518.72    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GigaCloud Technology, Inc.                    | GigaCloud Technology, Inc., Class A                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     44267 | NS      | $1257182.80   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Redwood Trust, Inc.                           | Redwood Trust, Inc.                                                   | CUSIP: 758075402<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EC               | CORP              | US        |     30359 | NS      | $175778.61    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| RealReal, Inc. (The)                          | RealReal, Inc. (The)                                                  | CUSIP: 88339P101<br>LEI: 549300O00VUGT4H1PE90 | Long             | EC               | CORP              | US        |    170539 | NS      | $1812829.57   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings, Inc.                           | Herc Holdings, Inc.                                                   | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |     10443 | NS      | $1218280.38   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings, Inc.           | Clearwater Analytics Holdings, Inc., Class A                          | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121462 | NS      | $2188745.24   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Restaurants, Inc.                        | BJ's Restaurants, Inc.                                                | CUSIP: 09180C106<br>LEI: 5299000EOW66I1OJNQ23 | Long             | EC               | CORP              | US        |     30102 | NS      | $919014.06    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Marex Group plc                               | Marex Group plc                                                       | CUSIP: N/A<br>LEI: 549300DWX0SVICJAL507       | Long             | EC               | CORP              | GB        |     45829 | NS      | $1540770.98   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Unisys Corp.                                  | Unisys Corp.                                                          | CUSIP: 909214306<br>LEI: 549300T21W22FIJJOW08 | Long             | EC               | CORP              | US        |    319972 | NS      | $1247890.80   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Co. (The)                   | Simply Good Foods Co. (The)                                           | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60204 | NS      | $1494263.28   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                     | CNO Financial Group, Inc.                                             | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     57454 | NS      | $2272305.70   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Oklo, Inc.                                    | Oklo, Inc.                                                            | CUSIP: 02156V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12753 | NS      | $1423617.39   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Telephone and Data Systems, Inc.              | Telephone and Data Systems, Inc.                                      | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26167 | NS      | $1026793.08   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanmi Financial Corp.                         | Hanmi Financial Corp.                                                 | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |     59816 | NS      | $1476857.04   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Atea Pharmaceuticals, Inc.                    | Atea Pharmaceuticals, Inc.                                            | CUSIP: 04683R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93145 | NS      | $270120.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCraft Boat Holdings, Inc.               | MasterCraft Boat Holdings, Inc.                                       | CUSIP: 57637H103<br>LEI: 549300IXWX41555YJ117 | Long             | EC               | CORP              | US        |      7997 | NS      | $171615.62    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology, Inc.                             | CG oncology, Inc.                                                     | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70938 | NS      | $2857382.64   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| EVgo, Inc.                                    | EVgo, Inc.                                                            | CUSIP: 30052F100<br>LEI: 254900NJU5Y3D9R42S26 | Long             | EC               | CORP              | US        |    119679 | NS      | $566081.67    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Peabody Energy Corp.                          | Peabody Energy Corp.                                                  | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |    102823 | NS      | $2726865.96   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadian Asset Management, Inc.                | Acadian Asset Management, Inc.                                        | CUSIP: 10948W103<br>LEI: 5493004FTLQNQTBOP608 | Long             | EC               | CORP              | US        |      9821 | NS      | $472979.36    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp.                            | FB Financial Corp.                                                    | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |      9347 | NS      | $521001.78    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Firefly Aerospace, Inc.                       | Firefly Aerospace, Inc.                                               | CUSIP: 31816X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63908 | NS      | $1873782.56   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Health Catalyst, Inc.                         | Health Catalyst, Inc.                                                 | CUSIP: 42225T107<br>LEI: 549300223PL6GWKVJG92 | Long             | EC               | CORP              | US        |    215299 | NS      | $613602.15    | 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        |     69985 | NS      | $1931586.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp, Inc.                      | ConnectOne Bancorp, Inc.                                              | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |     81744 | NS      | $2028068.64   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp.                         | Associated Banc-Corp.                                                 | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |     15491 | NS      | $398273.61    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust, Inc.             | Four Corners Property Trust, Inc.                                     | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |     14024 | NS      | $342185.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Gogo, Inc.                                    | Gogo, Inc.                                                            | CUSIP: 38046C109<br>LEI: 549300VL3DIHSFHYTO04 | Long             | EC               | CORP              | US        |     25152 | NS      | $216055.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Peloton Interactive, Inc.                     | Peloton Interactive, Inc., Class A                                    | CUSIP: 70614W100<br>LEI: 5493002YS021166W0339 | Long             | EC               | CORP              | US        |    238542 | NS      | $2146878.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaxcyte, Inc.                                 | Vaxcyte, Inc.                                                         | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |    118483 | NS      | $4267757.66   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining, Inc.                            | Coeur Mining, Inc.                                                    | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    343084 | NS      | $6436255.84   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd.                          | Signet Jewelers Ltd.                                                  | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | BM        |     57302 | NS      | $5496407.84   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp.                              | Murphy Oil Corp.                                                      | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |     39746 | NS      | $1129183.86   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Smartstop Self Storage REIT, Inc.             | Smartstop Self Storage REIT, Inc.                                     | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               | CORP              | US        |     21931 | NS      | $825482.84    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Genesco, Inc.                                 | Genesco, Inc.                                                         | CUSIP: 371532102<br>LEI: 549300VY2Q511P1K5P56 | Long             | EC               | CORP              | US        |     14255 | NS      | $413252.45    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest, Inc.                                 | SkyWest, Inc.                                                         | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |     22676 | NS      | $2281659.12   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corp.                         | First Merchants Corp.                                                 | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |     45252 | NS      | $1706000.40   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp.                                  | Avista Corp.                                                          | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |      6583 | NS      | $248903.23    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ladder Capital Corp.                          | Ladder Capital Corp.                                                  | CUSIP: 505743104<br>LEI: 549300Q6LLV2QCV67C06 | Long             | EC               | CORP              | US        |    328817 | NS      | $3587393.47   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitil Corp.                                  | Unitil Corp.                                                          | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59160 | NS      | $2831397.60   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Ceribell, Inc.                                | Ceribell, Inc.                                                        | CUSIP: 15678C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    112784 | NS      | $1295888.16   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp.                             | Black Hills Corp.                                                     | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     48351 | NS      | $2977938.09   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies, Inc.                      | Lumen Technologies, Inc.                                              | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |    565434 | NS      | $3460456.08   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics, Inc.                     | Axsome Therapeutics, Inc.                                             | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |      8395 | NS      | $1019572.75   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| IES Holdings, Inc.                            | IES Holdings, Inc.                                                    | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |      7043 | NS      | $2800648.95   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Extreme Networks, Inc.                        | Extreme Networks, Inc.                                                | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |     47147 | NS      | $973585.55    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings, Inc.                        | Palomar Holdings, Inc.                                                | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |      2688 | NS      | $313824.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| International Seaways, Inc.                   | International Seaways, Inc.                                           | CUSIP: N/A<br>LEI: 549300YUFDGFRNGBWF46       | Long             | EC               | CORP              | MH        |     11604 | NS      | $534712.32    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dole plc                                      | Dole plc                                                              | CUSIP: N/A<br>LEI: 635400JUG5XJXOPPJJ47       | Long             | EC               | CORP              | IE        |     88430 | NS      | $1188499.20   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp.                               | API Group Corp.                                                       | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |    165252 | NS      | $5679711.24   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Amneal Pharmaceuticals, Inc.                  | Amneal Pharmaceuticals, Inc.                                          | CUSIP: 03168L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    159683 | NS      | $1598426.83   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MRC Global, Inc.                              | MRC Global, Inc.                                                      | CUSIP: 55345K103<br>LEI: 529900TSBPOLCLI2L582 | Long             | EC               | CORP              | US        |    102675 | NS      | $1480573.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Veritex Holdings, Inc.                        | Veritex Holdings, Inc.                                                | CUSIP: 923451108<br>LEI: 549300F3SMOML02SC814 | Long             | EC               | CORP              | US        |     20218 | NS      | $677909.54    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| American States Water Co.                     | American States Water Co.                                             | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |      8403 | NS      | $616107.96    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries, Inc.                        | Cavco Industries, Inc.                                                | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1730 | NS      | $1004662.90   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                                  | Cadence Bank                                                          | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |     17573 | NS      | $659690.42    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Crinetics Pharmaceuticals, Inc.               | Crinetics Pharmaceuticals, Inc.                                       | CUSIP: 22663K107<br>LEI: 549300Q1CNFXK5P31D28 | Long             | EC               | CORP              | US        |     59190 | NS      | $2465263.50   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Dana, Inc.                                    | Dana, Inc.                                                            | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |    110554 | NS      | $2215502.16   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin, Inc.                     | Alexander & Baldwin, Inc.                                             | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    189109 | NS      | $3439892.71   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Surgery Partners, Inc.                        | Surgery Partners, Inc.                                                | CUSIP: 86881A100<br>LEI: 549300LC82HG33S19I03 | Long             | EC               | CORP              | US        |     14177 | NS      | $306790.28    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BayCom Corp.                                  | BayCom Corp.                                                          | CUSIP: 07272M107<br>LEI: 549300UOLS54Q5ONIG33 | Long             | EC               | CORP              | US        |      3131 | NS      | $90016.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| First BanCorp                                 | First BanCorp                                                         | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |    125723 | NS      | $2772192.15   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands, Inc.                         | BellRing Brands, Inc.                                                 | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |     13717 | NS      | $498612.95    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GeneDx Holdings Corp.                         | GeneDx Holdings Corp.                                                 | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4824 | NS      | $519737.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co.                         | Matador Resources Co.                                                 | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     38380 | NS      | $1724413.40   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Celldex Therapeutics, Inc.                    | Celldex Therapeutics, Inc.                                            | CUSIP: 15117B202<br>LEI: 529900F018DMYWH38923 | Long             | EC               | CORP              | US        |     20457 | NS      | $529222.59    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pulmonx Corp.                                 | Pulmonx Corp.                                                         | CUSIP: 745848101<br>LEI: 549300WZMFR0ZK7RJY40 | Long             | EC               | CORP              | US        |    174333 | NS      | $282419.46    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR, Inc.                                     | KBR, Inc.                                                             | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     29625 | NS      | $1400966.25   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Materion Corp.                                | Materion Corp.                                                        | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |     14577 | NS      | $1761047.37   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Par Pacific Holdings, Inc.                    | Par Pacific Holdings, Inc.                                            | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |     81960 | NS      | $2903023.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX Corp.                                    | IMAX Corp.                                                            | CUSIP: 45245E109<br>LEI: 894500GS1ESLAPZCEI74 | Long             | EC               | CORP              | CA        |     13584 | NS      | $444876.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group, Inc.                           | Newmark Group, Inc., Class A                                          | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    123078 | NS      | $2295404.70   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympic Steel, Inc.                           | Olympic Steel, Inc.                                                   | CUSIP: 68162K106<br>LEI: 549300GQ061U6N6KWJ49 | Long             | EC               | CORP              | US        |      7401 | NS      | $225360.45    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities, Inc.                     | Century Communities, Inc.                                             | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     11013 | NS      | $697893.81    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Enterprises, Inc.                 | Worthington Enterprises, Inc.                                         | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |      2359 | NS      | $130900.91    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SmartFinancial, Inc.                          | SmartFinancial, Inc.                                                  | CUSIP: 83190L208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5243 | NS      | $187332.39    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX Resources Corp.                           | CNX Resources Corp.                                                   | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |     34205 | NS      | $1098664.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group, Inc.                         | StepStone Group, Inc., Class A                                        | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5629 | NS      | $367629.99    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Steelcase, Inc.                               | Steelcase, Inc., Class A                                              | CUSIP: 858155203<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | EC               | CORP              | US        |    124979 | NS      | $2149638.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises, Inc.                        | Rush Enterprises, Inc., Class A                                       | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     60044 | NS      | $3210552.68   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Catalyst Pharmaceuticals, Inc.                | Catalyst Pharmaceuticals, Inc.                                        | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |     84963 | NS      | $1673771.10   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Mativ Holdings, Inc.                          | Mativ Holdings, Inc.                                                  | CUSIP: 808541106<br>LEI: 549300Z1FU4IDULG1R21 | Long             | EC               | CORP              | US        |     83224 | NS      | $941263.44    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSTREIT Corp.                               | NETSTREIT Corp.                                                       | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               | CORP              | US        |     25344 | NS      | $457712.64    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| ACADIA Pharmaceuticals, Inc.                  | ACADIA Pharmaceuticals, Inc.                                          | CUSIP: 004225108<br>LEI: 529900O3044NO0PEA039 | Long             | EC               | CORP              | US        |     70961 | NS      | $1514307.74   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hertz Global Holdings, Inc.                   | Hertz Global Holdings, Inc.                                           | CUSIP: 42806J700<br>LEI: 549300NBK3K85MH1EX16 | Long             | EC               | CORP              | US        |     35170 | NS      | $239156.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp.                                 | Sanmina Corp.                                                         | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     70644 | NS      | $8131830.84   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Horizon Bancorp, Inc.                         | Horizon Bancorp, Inc.                                                 | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               | CORP              | US        |     38280 | NS      | $612862.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Safe Bulkers, Inc.                            | Safe Bulkers, Inc.                                                    | CUSIP: N/A<br>LEI: 549300V6ZM2HJJYQQO85       | Long             | EC               | CORP              | MH        |     68508 | NS      | $304175.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp.                                  | Kohl's Corp.                                                          | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |     59992 | NS      | $922077.04    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Chemours Co. (The)                            | Chemours Co. (The)                                                    | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |     49200 | NS      | $779328.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BioCryst Pharmaceuticals, Inc.                | BioCryst Pharmaceuticals, Inc.                                        | CUSIP: 09058V103<br>LEI: 549300Z0INP1Z5NP6J59 | Long             | EC               | CORP              | US        |    160674 | NS      | $1219515.66   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                | Ameris Bancorp                                                        | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     50786 | NS      | $3723121.66   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT, Inc.                  | Sabra Health Care REIT, Inc.                                          | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |     72439 | NS      | $1350262.96   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrim BanCorp, Inc.                        | Northrim BanCorp, Inc.                                                | CUSIP: 666762109<br>LEI: 5493006X7RLLTZ3SG075 | Long             | EC               | CORP              | US        |     24192 | NS      | $523998.72    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| US Physical Therapy, Inc.                     | US Physical Therapy, Inc.                                             | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Long             | EC               | CORP              | US        |     23578 | NS      | $2002951.10   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CVR Energy, Inc.                              | CVR Energy, Inc.                                                      | CUSIP: 12662P108<br>LEI: 529900SOYZIXZBTXB558 | Long             | EC               | CORP              | US        |     21016 | NS      | $766663.68    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp.                          | WSFS Financial Corp.                                                  | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |      8043 | NS      | $433758.99    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| World Kinect Corp.                            | World Kinect Corp.                                                    | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |     53379 | NS      | $1385185.05   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| A10 Networks, Inc.                            | A10 Networks, Inc.                                                    | CUSIP: 002121101<br>LEI: 549300UQD4IWUML81Q35 | Long             | EC               | CORP              | US        |     19681 | NS      | $357210.15    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust, Inc.               | Independence Realty Trust, Inc.                                       | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |     75447 | NS      | $1236576.33   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Corp.                         | First Financial Corp.                                                 | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18033 | NS      | $1017782.52   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| UMH Properties, Inc.                          | UMH Properties, Inc.                                                  | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |     15377 | NS      | $228348.45    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer Aviation, Inc.                         | Archer Aviation, Inc., Class A                                        | CUSIP: 03945R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    174927 | NS      | $1675800.66   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Arrowhead Pharmaceuticals, Inc.               | Arrowhead Pharmaceuticals, Inc.                                       | CUSIP: 04280A100<br>LEI: 549300O3CSB8T7OZ3D66 | Long             | EC               | CORP              | US        |    149758 | NS      | $5165153.42   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| John Wiley & Sons, Inc.                       | John Wiley & Sons, Inc., Class A                                      | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |     32398 | NS      | $1311147.06   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Bancorp, Inc.                          | Origin Bancorp, Inc.                                                  | CUSIP: 68621T102<br>LEI: 54930055DO2Z4KO3NB45 | Long             | EC               | CORP              | US        |     18654 | NS      | $643936.08    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings, Inc.                            | NMI Holdings, Inc., Class A                                           | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |     46370 | NS      | $1777825.80   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| RE/MAX Holdings, Inc.                         | RE/MAX Holdings, Inc., Class A                                        | CUSIP: 75524W108<br>LEI: 54930033W2KS56JHAN30 | Long             | EC               | CORP              | US        |     29086 | NS      | $274280.98    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Water Co. Ltd.                   | Consolidated Water Co. Ltd., Class D                                  | CUSIP: N/A<br>LEI: 5299001BMEW8X9VIJA73       | Long             | EC               | CORP              | KY        |     86945 | NS      | $3067419.60   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products, Inc.             | Installed Building Products, Inc.                                     | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |      8237 | NS      | $2031738.42   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidity Biosciences, Inc.                     | Avidity Biosciences, Inc.                                             | CUSIP: 05370A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73684 | NS      | $3210411.88   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenbrier Cos., Inc. (The)                   | Greenbrier Cos., Inc. (The)                                           | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |      2330 | NS      | $107576.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SunOpta, Inc.                                 | SunOpta, Inc.                                                         | CUSIP: 8676EP108<br>LEI: 54930010CP0KEPPRPA40 | Long             | EC               | CORP              | CA        |    127981 | NS      | $749968.66    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Postal Realty Trust, Inc.                     | Postal Realty Trust, Inc., Class A                                    | CUSIP: 73757R102<br>LEI: 5493007B7ZZSIJRGWC41 | Long             | EC               | CORP              | US        |     36106 | NS      | $566503.14    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co.                         | Commercial Metals Co.                                                 | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     67515 | NS      | $3867259.20   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp.                         | SL Green Realty Corp.                                                 | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |     20408 | NS      | $1220602.48   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalBridge Group, Inc.                     | DigitalBridge Group, Inc.                                             | CUSIP: 25401T603<br>LEI: 549300XG87L902AGBO89 | Long             | EC               | CORP              | US        |     55607 | NS      | $650601.90    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes, Inc.                               | M/I Homes, Inc.                                                       | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     15264 | NS      | $2204732.16   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group, Inc.                               | MYR Group, Inc.                                                       | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |     32989 | NS      | $6862701.67   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Diversified Holdings                  | Compass Diversified Holdings                                          | CUSIP: 20451Q104<br>LEI: 5299001SM1LBYANJRR58 | Long             | EC               | CORP              | US        |     13383 | NS      | $88595.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Integra LifeSciences Holdings Corp.           | Integra LifeSciences Holdings Corp.                                   | CUSIP: 457985208<br>LEI: WB7IJCYY8YFTENS4O147 | Long             | EC               | CORP              | US        |     70262 | NS      | $1006854.46   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| QuinStreet, Inc.                              | QuinStreet, Inc.                                                      | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |     30567 | NS      | $472871.49    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger, Inc.                                  | Tanger, Inc.                                                          | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     10900 | NS      | $368856.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group, Inc.                 | Asbury Automotive Group, Inc.                                         | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |      5644 | NS      | $1379675.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Appian Corp.                                  | Appian Corp., Class A                                                 | CUSIP: 03782L101<br>LEI: 529900NIARIFW7HGU386 | Long             | EC               | CORP              | US        |     35155 | NS      | $1074688.35   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp.                       | Primoris Services Corp.                                               | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     66526 | NS      | $9136015.58   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Porch Group, Inc.                             | Porch Group, Inc.                                                     | CUSIP: 733245104<br>LEI: 549300NXEI7CVW8IXQ90 | Long             | EC               | CORP              | US        |     65771 | NS      | $1103637.38   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| IBEX Holdings Ltd.                            | IBEX Holdings Ltd.                                                    | CUSIP: N/A<br>LEI: 5493000GRFLPVYU2CX17       | Long             | EC               | CORP              | BM        |     61526 | NS      | $2493033.52   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Beazer Homes USA, Inc.                        | Beazer Homes USA, Inc.                                                | CUSIP: 07556Q881<br>LEI: 549300DUPYT2T0F60I45 | Long             | EC               | CORP              | US        |     18017 | NS      | $442317.35    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightSpring Health Services, Inc.            | BrightSpring Health Services, Inc.                                    | CUSIP: 10950A106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35660 | NS      | $1054109.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Akero Therapeutics, Inc.                      | Akero Therapeutics, Inc.                                              | CUSIP: 00973Y108<br>LEI: 549300SI3KG74LBE2955 | Long             | EC               | CORP              | US        |     70234 | NS      | $3334710.32   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield plc                       | Cushman & Wakefield plc                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | GB        |     18939 | NS      | $301508.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment, Inc.                           | AeroVironment, Inc.                                                   | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |      8219 | NS      | $2588080.91   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| HomeTrust Bancshares, Inc.                    | HomeTrust Bancshares, Inc.                                            | CUSIP: 437872104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4879 | NS      | $199746.26    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion SA                                      | Orion SA                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | LU        |     80613 | NS      | $611046.54    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings, Inc.                      | Boot Barn Holdings, Inc.                                              | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      9522 | NS      | $1577985.84   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes, Inc.                                  | Diodes, Inc.                                                          | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |     46686 | NS      | $2484162.06   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Accelerant Holdings                           | Accelerant Holdings, Class A                                          | CUSIP: N/A<br>LEI: 213800VS4CX9ZONTD965       | Long             | EC               | CORP              | KY        |     68743 | NS      | $1023583.27   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonic Automotive, Inc.                        | Sonic Automotive, Inc., Class A                                       | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |     12881 | NS      | $980115.29    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HB Fuller Co.                                 | HB Fuller Co.                                                         | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |     53846 | NS      | $3191990.88   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Monarch Casino & Resort, Inc.                 | Monarch Casino & Resort, Inc.                                         | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |     22146 | NS      | $2343932.64   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholar Rock Holding Corp.                    | Scholar Rock Holding Corp.                                            | CUSIP: 80706P103<br>LEI: 549300Z1FLPGL4OWJ459 | Long             | EC               | CORP              | US        |     70970 | NS      | $2642922.80   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ANI Pharmaceuticals, Inc.                     | ANI Pharmaceuticals, Inc.                                             | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |     18327 | NS      | $1678753.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corp.                            | Primo Brands Corp.                                                    | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |     25504 | NS      | $563638.40    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Costamare, Inc.                               | Costamare, Inc.                                                       | CUSIP: N/A<br>LEI: 5299003L6NPTZ25LN818       | Long             | EC               | CORP              | MH        |    133869 | NS      | $1594379.79   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corp.                                | EchoStar Corp., Class A                                               | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |     45061 | NS      | $3440857.96   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| PennyMac Financial Services, Inc.             | PennyMac Financial Services, Inc.                                     | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |     21464 | NS      | $2658960.32   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Axogen, Inc.                                  | Axogen, Inc.                                                          | CUSIP: 05463X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74201 | NS      | $1323745.84   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Turbine, Inc.                         | Digital Turbine, Inc.                                                 | CUSIP: 25400W102<br>LEI: 549300D0WZR1VI2QGB24 | Long             | EC               | CORP              | US        |    118983 | NS      | $761491.20    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Energy, Inc.                              | PBF Energy, Inc., Class A                                             | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |     28145 | NS      | $849134.65    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Pagaya Technologies Ltd.                      | Pagaya Technologies Ltd., Class A                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     25295 | NS      | $751008.55    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Travere Therapeutics, Inc.                    | Travere Therapeutics, Inc.                                            | CUSIP: 89422G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82754 | NS      | $1977820.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy, Inc.                         | Clearway Energy, Inc., Class C                                        | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     36108 | NS      | $1020051.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries, Inc.                          | ABM Industries, Inc.                                                  | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |     97093 | NS      | $4477929.16   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek US Holdings, Inc.                       | Delek US Holdings, Inc.                                               | CUSIP: 24665A103<br>LEI: 5493003O53JMENV1N385 | Long             | EC               | CORP              | US        |     31151 | NS      | $1005242.77   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Corcept Therapeutics, Inc.                    | Corcept Therapeutics, Inc.                                            | CUSIP: 218352102<br>LEI: 529900EO9LUTFMZ7FF90 | Long             | EC               | CORP              | US        |     32402 | NS      | $2692930.22   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma, Inc.                        | Bridgebio Pharma, Inc.                                                | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |     54248 | NS      | $2817641.12   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Legalzoom.com, Inc.                           | Legalzoom.com, Inc.                                                   | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |     86801 | NS      | $900994.38    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackLine, Inc.                               | BlackLine, Inc.                                                       | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |     24170 | NS      | $1283427.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Peapack-Gladstone Financial Corp.             | Peapack-Gladstone Financial Corp.                                     | CUSIP: 704699107<br>LEI: 549300G8DN2UK8K0ET30 | Long             | EC               | CORP              | US        |     10150 | NS      | $280140.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions, Inc.                       | Penguin Solutions, Inc.                                               | CUSIP: 706915105<br>LEI: 254900DVWIPOY3GJ8E23 | Long             | EC               | CORP              | US        |     56446 | NS      | $1483400.88   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambarella, Inc.                               | Ambarella, Inc.                                                       | CUSIP: N/A<br>LEI: 254900XN7F4DG0CEKC02       | Long             | EC               | CORP              | KY        |     13447 | NS      | $1109646.44   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ProPetro Holding Corp.                        | ProPetro Holding Corp.                                                | CUSIP: 74347M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     66336 | NS      | $347600.64    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Terawulf, Inc.                                | Terawulf, Inc.                                                        | CUSIP: 88080T104<br>LEI: 254900CVMW1SX2T78A64 | Long             | EC               | CORP              | US        |    131807 | NS      | $1505235.94   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| PROG Holdings, Inc.                           | PROG Holdings, Inc.                                                   | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |     26977 | NS      | $872975.72    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| IonQ, Inc.                                    | IonQ, Inc.                                                            | CUSIP: 46222L108<br>LEI: 529900RB2VEFGLQS7G28 | Long             | EC               | CORP              | US        |     92297 | NS      | $5676265.50   | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| Adeia, Inc.                                   | Adeia, Inc.                                                           | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34284 | NS      | $575971.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NuScale Power Corp.                           | NuScale Power Corp.                                                   | CUSIP: 67079K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19632 | NS      | $706752.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Diebold Nixdorf, Inc.                         | Diebold Nixdorf, Inc.                                                 | CUSIP: 253651202<br>LEI: 549300XZK6EWDBAZSY16 | Long             | EC               | CORP              | US        |     23957 | NS      | $1366267.71   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TriNet Group, Inc.                            | TriNet Group, Inc.                                                    | CUSIP: 896288107<br>LEI: 5299003FJVBETSFKE990 | Long             | EC               | CORP              | US        |     10281 | NS      | $687696.09    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                       | Kite Realty Group Trust                                               | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59666 | NS      | $1330551.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Univest Financial Corp.                       | Univest Financial Corp.                                               | CUSIP: 915271100<br>LEI: 4WII2HCR8UEWNU03U507 | Long             | EC               | CORP              | US        |     21931 | NS      | $658368.62    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecovyst, Inc.                                 | Ecovyst, Inc.                                                         | CUSIP: 27923Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15117 | NS      | $132424.92    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                                   | OFG Bancorp                                                           | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |     41884 | NS      | $1821535.16   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Insurance Group Ltd.                 | Hamilton Insurance Group Ltd., Class B                                | CUSIP: N/A<br>LEI: 549300W92BN1FIEXG871       | Long             | EC               | CORP              | BM        |     21306 | NS      | $528388.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp.                              | Rocket Lab Corp.                                                      | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31340 | NS      | $1501499.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitefiber, Inc.                              | Whitefiber, Inc.                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     39636 | NS      | $1076910.12   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Group, Inc.                         | Paramount Group, Inc.                                                 | CUSIP: 69924R108<br>LEI: 5493006GJU1CFI7Z5J17 | Long             | EC               | CORP              | US        |    132439 | NS      | $866151.06    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| nLight, Inc.                                  | nLight, Inc.                                                          | CUSIP: 65487K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53747 | NS      | $1592523.61   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I Glass, Inc.                               | O-I Glass, Inc.                                                       | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    101023 | NS      | $1310268.31   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co.                      | Modine Manufacturing Co.                                              | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     48698 | NS      | $6922907.68   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| AMC Entertainment Holdings, Inc.              | AMC Entertainment Holdings, Inc., Class A                             | CUSIP: 00165C302<br>LEI: 549300ZO77UNR6NRBR11 | Long             | EC               | CORP              | US        |    230214 | NS      | $667620.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Selective Insurance Group, Inc.               | Selective Insurance Group, Inc.                                       | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |     11094 | NS      | $899390.58    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics, Inc.                   | Halozyme Therapeutics, Inc.                                           | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     24920 | NS      | $1827632.80   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties, Inc.            | Ryman Hospitality Properties, Inc.                                    | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |     41193 | NS      | $3690480.87   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Zeta Global Holdings Corp.                    | Zeta Global Holdings Corp., Class A                                   | CUSIP: 98956A105<br>LEI: 2549008P9XSJQHGQ9S27 | Long             | EC               | CORP              | US        |     58141 | NS      | $1155261.67   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp.                              | Otter Tail Corp.                                                      | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35202 | NS      | $2885507.94   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueLinx Holdings, Inc.                       | BlueLinx Holdings, Inc.                                               | CUSIP: 09624H208<br>LEI: 549300YSX7GU28F5I540 | Long             | EC               | CORP              | US        |      5856 | NS      | $427956.48    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NeoGenomics, Inc.                             | NeoGenomics, Inc.                                                     | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36725 | NS      | $283517.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Prime Money Market Fund              | JPMorgan Prime Money Market Fund, Class IM                            | CUSIP: 46637K844<br>LEI: 549300YD7H8SEEU7VG41 | Long             | STIV             | RF                | US        |  15955907 | NS      | $15962289.15  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Cimpress plc                                  | Cimpress plc                                                          | CUSIP: N/A<br>LEI: 549300X1IFD75XISOR81       | Long             | EC               | CORP              | IE        |      7076 | NS      | $446071.04    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of NT Butterfield & Son Ltd. (The)       | Bank of NT Butterfield & Son Ltd. (The)                               | CUSIP: N/A<br>LEI: 549300V8RVM0EMTDPF28       | Long             | EC               | CORP              | BM        |    109066 | NS      | $4681112.72   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire State Realty Trust, Inc.               | Empire State Realty Trust, Inc., Class A                              | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |     94554 | NS      | $724283.64    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Adamas Trust, Inc.                            | Adamas Trust, Inc.                                                    | CUSIP: 649604840<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EC               | CORP              | US        |     86230 | NS      | $601023.10    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Grand Vacations, Inc.                  | Hilton Grand Vacations, Inc.                                          | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |     36553 | NS      | $1528280.93   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidrick & Struggles International, Inc.      | Heidrick & Struggles International, Inc.                              | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |     44671 | NS      | $2223275.67   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Accel Entertainment, Inc.                     | Accel Entertainment, Inc.                                             | CUSIP: 00436Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73378 | NS      | $812294.46    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Commerce Corp.                       | Heritage Commerce Corp.                                               | CUSIP: 426927109<br>LEI: 549300CLIS851ELSR406 | Long             | EC               | CORP              | US        |    165898 | NS      | $1647367.14   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor, Inc.                              | FormFactor, Inc.                                                      | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |     53285 | NS      | $1940639.70   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp.                                 | Knowles Corp.                                                         | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |     97985 | NS      | $2284030.35   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Financial Services Corp.           | Enterprise Financial Services Corp.                                   | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |     48005 | NS      | $2783329.90   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SSR Mining, Inc.                              | SSR Mining, Inc.                                                      | CUSIP: 784730103<br>LEI: 549300JD2KR7AB9DYJ38 | Long             | EC               | CORP              | CA        |     67066 | NS      | $1637751.72   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Chatham Lodging Trust                         | Chatham Lodging Trust                                                 | CUSIP: 16208T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    192272 | NS      | $1290145.12   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares, Inc.                | Texas Capital Bancshares, Inc.                                        | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     10176 | NS      | $860177.28    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrus Energy Corp.                          | Centrus Energy Corp., Class A                                         | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |      5075 | NS      | $1573605.25   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| iRhythm Technologies, Inc.                    | iRhythm Technologies, Inc.                                            | CUSIP: 450056106<br>LEI: 549300FJI72RJGDQS384 | Long             | EC               | CORP              | US        |     16290 | NS      | $2801717.10   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Enact Holdings, Inc.                          | Enact Holdings, Inc.                                                  | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |     34133 | NS      | $1308659.22   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cipher Mining, Inc.                           | Cipher Mining, Inc.                                                   | CUSIP: 17253J106<br>LEI: 254900QABG5HCQZ28A17 | Long             | EC               | CORP              | US        |    515772 | NS      | $6493569.48   | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| ScanSource, Inc.                              | ScanSource, Inc.                                                      | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |     26450 | NS      | $1163535.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| First Mid Bancshares, Inc.                    | First Mid Bancshares, Inc.                                            | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29054 | NS      | $1100565.52   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hinge Health, Inc.                            | Hinge Health, Inc., Class A                                           | CUSIP: 433313103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61810 | NS      | $3033634.80   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AMC Networks, Inc.                            | AMC Networks, Inc., Class A                                           | CUSIP: 00164V103<br>LEI: 549300VGG9K75226LR46 | Long             | EC               | CORP              | US        |     10346 | NS      | $85251.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp.                                 | Glaukos Corp.                                                         | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |     26874 | NS      | $2191574.70   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| American Assets Trust, Inc.                   | American Assets Trust, Inc.                                           | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17162 | NS      | $348731.84    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Healthcare Trust, Inc.              | Community Healthcare Trust, Inc.                                      | CUSIP: 20369C106<br>LEI: 549300FATSRCMKOV9536 | Long             | EC               | CORP              | US        |     12861 | NS      | $196773.30    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa, Inc.                                  | Arcosa, Inc.                                                          | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     33307 | NS      | $3121198.97   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech, Inc.                         | Krystal Biotech, Inc.                                                 | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |     13474 | NS      | $2378565.22   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sezzle, Inc.                                  | Sezzle, Inc.                                                          | CUSIP: 78435P105<br>LEI: 9845000CA64541AE3I35 | Long             | EC               | CORP              | US        |     13582 | NS      | $1080176.46   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Oceaneering International, Inc.               | Oceaneering International, Inc.                                       | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |     66035 | NS      | $1636347.30   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp, Inc.                                    | Yelp, Inc.                                                            | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |     79449 | NS      | $2478808.80   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings, Inc.                       | LiveRamp Holdings, Inc.                                               | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     46517 | NS      | $1262471.38   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp.                            | Getty Realty Corp.                                                    | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     17983 | NS      | $482483.89    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure, Inc.                 | Sterling Infrastructure, Inc.                                         | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |     20295 | NS      | $6893805.60   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction, Inc.                    | Granite Construction, Inc.                                            | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |     11166 | NS      | $1224351.90   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NVE Corp.                                     | NVE Corp.                                                             | CUSIP: 629445206<br>LEI: 5299003C1ATTWX8X0112 | Long             | EC               | CORP              | US        |     18028 | NS      | $1176687.56   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NETGEAR, Inc.                                 | NETGEAR, Inc.                                                         | CUSIP: 64111Q104<br>LEI: 54930067KX3UNRHDWA78 | Long             | EC               | CORP              | US        |     38032 | NS      | $1231856.48   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares, Inc.               | Dime Community Bancshares, Inc.                                       | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10080 | NS      | $300686.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Armada Hoffler Properties, Inc.               | Armada Hoffler Properties, Inc.                                       | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               | CORP              | US        |      8478 | NS      | $59430.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Bank Corp.                         | SouthState Bank Corp.                                                 | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |      6070 | NS      | $600140.90    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International, Inc.                     | WESCO International, Inc.                                             | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     10575 | NS      | $2236612.50   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp.               | Central Pacific Financial Corp.                                       | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |     12245 | NS      | $371513.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr. Cooper Group, Inc.                        | Mr. Cooper Group, Inc.                                                | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |     10136 | NS      | $2136567.44   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, Inc.                                 | IDACORP, Inc.                                                         | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     24765 | NS      | $3272694.75   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Shake Shack, Inc.                             | Shake Shack, Inc., Class A                                            | CUSIP: 819047101<br>LEI: 529900J74GJAHYP80N79 | Long             | EC               | CORP              | US        |     23452 | NS      | $2195341.72   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadstone Net Lease, Inc.                    | Broadstone Net Lease, Inc.                                            | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |    109945 | NS      | $1964717.15   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings, Inc.                  | Southwest Gas Holdings, Inc.                                          | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |     44258 | NS      | $3467171.72   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Braze, Inc.                                   | Braze, Inc., Class A                                                  | CUSIP: 10576N102<br>LEI: 9845007B9EDBFD37C277 | Long             | EC               | CORP              | US        |     26281 | NS      | $747431.64    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential, Inc.                       | Veris Residential, Inc.                                               | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               | CORP              | US        |     18594 | NS      | $282628.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CRISPR Therapeutics AG                        | CRISPR Therapeutics AG                                                | CUSIP: N/A<br>LEI: 506700O6IRRIQLT3W370       | Long             | EC               | CORP              | CH        |     48195 | NS      | $3123517.95   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| MARA Holdings, Inc.                           | MARA Holdings, Inc.                                                   | CUSIP: 565788106<br>LEI: 549300M8ISKPTX2W7F94 | Long             | EC               | CORP              | US        |    171625 | NS      | $3133872.50   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| NerdWallet, Inc.                              | NerdWallet, Inc., Class A                                             | CUSIP: 64082B102<br>LEI: 254900FJ2Y4SH71DJ379 | Long             | EC               | CORP              | US        |     17023 | NS      | $183167.48    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                                       | EnerSys                                                               | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |     43631 | NS      | $4928557.76   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG RE Finance Trust, Inc.                    | TPG RE Finance Trust, Inc.                                            | CUSIP: 87266M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61417 | NS      | $525729.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pathward Financial, Inc.                      | Pathward Financial, Inc.                                              | CUSIP: 59100U108<br>LEI: 5493004X52BH1NBLW813 | Long             | EC               | CORP              | US        |     52153 | NS      | $3859843.53   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp.                                  | SiTime Corp.                                                          | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3680 | NS      | $1108820.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem, Inc.             | First Interstate BancSystem, Inc., Class A                            | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |      7525 | NS      | $239821.75    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Enova International, Inc.                     | Enova International, Inc.                                             | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |     40198 | NS      | $4626387.82   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Aerospace Corp.                          | Park Aerospace Corp.                                                  | CUSIP: 70014A104<br>LEI: 5299004AG0G7IB636095 | Long             | EC               | CORP              | US        |     17483 | NS      | $355604.22    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp                       | First Financial Bancorp                                               | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |     13610 | NS      | $343652.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems, Inc.                       | Commvault Systems, Inc.                                               | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |     11942 | NS      | $2254410.76   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| New Fortress Energy, Inc.                     | New Fortress Energy, Inc.                                             | CUSIP: 644393100<br>LEI: 254900EICTYTCHA5X705 | Long             | EC               | CORP              | US        |     92198 | NS      | $203757.58    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| DNOW, Inc.                                    | DNOW, Inc.                                                            | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |    159146 | NS      | $2426976.50   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bit Digital, Inc.                             | Bit Digital, Inc.                                                     | CUSIP: N/A<br>LEI: 2549005XLPRWS7HWCM31       | Long             | EC               | CORP              | KY        |    853395 | NS      | $2560185.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Kennametal, Inc.                              | Kennametal, Inc.                                                      | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |     43010 | NS      | $900199.30    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN, Inc.                                    | ASGN, Inc.                                                            | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |     21468 | NS      | $1016509.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Brightspire Capital, Inc.                     | Brightspire Capital, Inc.                                             | CUSIP: 10949T109<br>LEI: 549300BOIFLLMVU37752 | Long             | EC               | CORP              | US        |    160067 | NS      | $869163.81    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Metallurgical Resources, Inc.           | Alpha Metallurgical Resources, Inc.                                   | CUSIP: 020764106<br>LEI: 254900VEBGZO2PY8R678 | Long             | EC               | CORP              | US        |      5736 | NS      | $941220.24    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Genie Energy Ltd.                             | Genie Energy Ltd., Class B                                            | CUSIP: 372284208<br>LEI: 52990057E36X8869GX58 | Long             | EC               | CORP              | US        |     20151 | NS      | $301257.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT, Inc.                | American Healthcare REIT, Inc.                                        | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |      7687 | NS      | $322930.87    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips Edison & Co., Inc.                   | Phillips Edison & Co., Inc.                                           | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |     88235 | NS      | $3029107.55   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corp.                  | Simmons First National Corp., Class A                                 | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |     47061 | NS      | $902159.37    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy, Inc.                    | Patterson-UTI Energy, Inc.                                            | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |     65224 | NS      | $337860.32    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Unity Bancorp, Inc.                           | Unity Bancorp, Inc.                                                   | CUSIP: 913290102<br>LEI: 549300Q90ZRNUR65PL93 | Long             | EC               | CORP              | US        |     10986 | NS      | $536885.82    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chefs' Warehouse, Inc. (The)                  | Chefs' Warehouse, Inc. (The)                                          | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |     35913 | NS      | $2094805.29   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Co.                              | Hecla Mining Co.                                                      | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |    186647 | NS      | $2258428.70   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International plc                 | Weatherford International plc                                         | CUSIP: N/A<br>LEI: 529900LPBDSCQDJKHQ39       | Long             | EC               | CORP              | IE        |     14182 | NS      | $970474.26    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co.                 | Portland General Electric Co.                                         | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     54731 | NS      | $2408164.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp.                         | Quaker Chemical Corp.                                                 | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |      8023 | NS      | $1057030.25   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas, Inc.                                 | ONE Gas, Inc.                                                         | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |     40934 | NS      | $3313197.96   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Rigetti Computing, Inc.                       | Rigetti Computing, Inc.                                               | CUSIP: 76655K103<br>LEI: 52990024JHY459DH8W71 | Long             | EC               | CORP              | US        |     86405 | NS      | $2574004.95   | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| American Eagle Outfitters, Inc.               | American Eagle Outfitters, Inc.                                       | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |     88613 | NS      | $1516168.43   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| PubMatic, Inc.                                | PubMatic, Inc., Class A                                               | CUSIP: 74467Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    127132 | NS      | $1052652.96   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| OneSpaWorld Holdings Ltd.                     | OneSpaWorld Holdings Ltd.                                             | CUSIP: N/A<br>LEI: 5493007W8PZ8W6UC2X76       | Long             | EC               | CORP              | BS        |     93116 | NS      | $1968472.24   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp.               | Atlantic Union Bankshares Corp.                                       | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9815 | NS      | $346371.35    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market, Inc.                  | Sprouts Farmers Market, Inc.                                          | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |     10557 | NS      | $1148601.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Globalstar, Inc.                              | Globalstar, Inc.                                                      | CUSIP: 378973507<br>LEI: 549300NEX8I0MSOW0R64 | Long             | EC               | CORP              | US        |     13860 | NS      | $504365.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Teekay Corp. Ltd.                             | Teekay Corp. Ltd.                                                     | CUSIP: N/A<br>LEI: YHKQM2RIPKZYOZ6RVZ46       | Long             | EC               | CORP              | BM        |    229106 | NS      | $1874087.08   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Zevra Therapeutics, Inc.                      | Zevra Therapeutics, Inc.                                              | CUSIP: 488445206<br>LEI: 254900CU6T74V18Y1W18 | Long             | EC               | CORP              | US        |    164227 | NS      | $1561798.77   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tutor Perini Corp.                            | Tutor Perini Corp.                                                    | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |     33096 | NS      | $2170766.64   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions, Inc.           | Donnelley Financial Solutions, Inc.                                   | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |     33020 | NS      | $1698218.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy, Inc.                          | Liberty Energy, Inc.                                                  | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    190689 | NS      | $2353102.26   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Joby Aviation, Inc.                           | Joby Aviation, Inc.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    215763 | NS      | $3482414.82   | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| Green Brick Partners, Inc.                    | Green Brick Partners, Inc.                                            | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |     17311 | NS      | $1278590.46   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies, Inc.           | Atmus Filtration Technologies, Inc.                                   | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40249 | NS      | $1814827.41   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Ocular Therapeutix, Inc.                      | Ocular Therapeutix, Inc.                                              | CUSIP: 67576A100<br>LEI: 529900ABAWFXOHSIHG03 | Long             | EC               | CORP              | US        |     83402 | NS      | $974969.38    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HBT Financial, Inc.                           | HBT Financial, Inc.                                                   | CUSIP: 404111106<br>LEI: 549300NTXD4Q6UK5BY66 | Long             | EC               | CORP              | US        |      3524 | NS      | $88804.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Avadel Pharmaceuticals plc                    | Avadel Pharmaceuticals plc                                            | CUSIP: N/A<br>LEI: 549300E27PTSG2RHC762       | Long             | EC               | CORP              | IE        |    185291 | NS      | $2829393.57   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Ramaco Resources, Inc.                        | Ramaco Resources, Inc., Class A                                       | CUSIP: 75134P600<br>LEI: 5493001BYUI4TCQOPF70 | Long             | EC               | CORP              | US        |     10940 | NS      | $363098.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Progyny, Inc.                                 | Progyny, Inc.                                                         | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108212 | NS      | $2328722.24   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus, Inc.                                  | Rambus, Inc.                                                          | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     94857 | NS      | $9884099.40   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LendingTree, Inc.                             | LendingTree, Inc.                                                     | CUSIP: 52603B107<br>LEI: 549300ISY5YHUJZTON08 | Long             | EC               | CORP              | US        |      3830 | NS      | $247915.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Financial Services, Inc.            | Provident Financial Services, Inc.                                    | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |     18231 | NS      | $351493.68    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Natural Resources, Inc.                  | Core Natural Resources, Inc.                                          | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |      5949 | NS      | $496622.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Matrix Service Co.                            | Matrix Service Co.                                                    | CUSIP: 576853105<br>LEI: 529900VYBKSX6HD2YW58 | Long             | EC               | CORP              | US        |     60065 | NS      | $785650.20    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp.                                  | Avient Corp.                                                          | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |     34899 | NS      | $1149922.05   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil States International, Inc.                | Oil States International, Inc.                                        | CUSIP: 678026105<br>LEI: 5493004TF4KQJGMYL777 | Long             | EC               | CORP              | US        |    212446 | NS      | $1287422.76   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group, Inc.                       | TransMedics Group, Inc.                                               | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |     17332 | NS      | $1944650.40   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Insurance Holdings, Inc.             | Heritage Insurance Holdings, Inc.                                     | CUSIP: 42727J102<br>LEI: 9845008CCYDD87F66B45 | Long             | EC               | CORP              | US        |      8936 | NS      | $225008.48    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MaxLinear, Inc.                               | MaxLinear, Inc.                                                       | CUSIP: 57776J100<br>LEI: 549300EMOI0SM2IY4F64 | Long             | EC               | CORP              | US        |     22555 | NS      | $362684.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Buckle, Inc. (The)                            | Buckle, Inc. (The)                                                    | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |     30864 | NS      | $1810482.24   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group, Inc.                            | StoneX Group, Inc.                                                    | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |     39819 | NS      | $4018533.48   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| South Plains Financial, Inc.                  | South Plains Financial, Inc.                                          | CUSIP: 83946P107<br>LEI: 549300SNEBP48642N493 | Long             | EC               | CORP              | US        |     70489 | NS      | $2724399.85   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropolitan Bank Holding Corp.               | Metropolitan Bank Holding Corp.                                       | CUSIP: 591774104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24601 | NS      | $1840646.82   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes, Inc.                        | Tri Pointe Homes, Inc.                                                | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91022 | NS      | $3092017.34   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyra Biosciences, Inc.                        | Tyra Biosciences, Inc.                                                | CUSIP: 90240B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23893 | NS      | $334263.07    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Pediatrix Medical Group, Inc.                 | Pediatrix Medical Group, Inc.                                         | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36496 | NS      | $611308.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Thryv Holdings, Inc.                          | Thryv Holdings, Inc.                                                  | CUSIP: 886029206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53318 | NS      | $643015.08    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries, Inc.                        | Dycom Industries, Inc.                                                | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |     23608 | NS      | $6887870.08   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Andersons, Inc. (The)                         | Andersons, Inc. (The)                                                 | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |     21961 | NS      | $874267.41    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp, Inc.                       | Customers Bancorp, Inc.                                               | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     68784 | NS      | $4496410.08   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SoundHound AI, Inc.                           | SoundHound AI, Inc.                                                   | CUSIP: 836100107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89065 | NS      | $1432165.20   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Dynavax Technologies Corp.                    | Dynavax Technologies Corp.                                            | CUSIP: 268158201<br>LEI: 549300T5URIXWDILX594 | Long             | EC               | CORP              | US        |    114960 | NS      | $1141552.80   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes plc                                  | Alkermes plc                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |    101490 | NS      | $3044700.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria's Secret & Co.                       | Victoria's Secret & Co.                                               | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |     56901 | NS      | $1544293.14   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Veracyte, Inc.                                | Veracyte, Inc.                                                        | CUSIP: 92337F107<br>LEI: 529900ESWZRHXOW27Z37 | Long             | EC               | CORP              | US        |     96530 | NS      | $3313874.90   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos.                            | Piper Sandler Cos.                                                    | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |      4482 | NS      | $1555209.18   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Stagwell, Inc.                                | Stagwell, Inc.                                                        | CUSIP: 85256A109<br>LEI: 549300KIYTU6J3NYJ009 | Long             | EC               | CORP              | US        |    181223 | NS      | $1020285.49   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Valaris Ltd.                                  | Valaris Ltd.                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |      7948 | NS      | $387623.96    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Noble Corp. plc                               | Noble Corp. plc                                                       | CUSIP: N/A<br>LEI: 549300I3HBUNXO0OG954       | Long             | EC               | CORP              | GB        |     30508 | NS      | $862766.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Rock Coffee Bar, Inc.                   | Black Rock Coffee Bar, Inc., Class A                                  | CUSIP: 092244102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6788 | NS      | $161961.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Treace Medical Concepts, Inc.                 | Treace Medical Concepts, Inc.                                         | CUSIP: 89455T109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    501712 | NS      | $3366487.52   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications, Inc.                  | Iridium Communications, Inc.                                          | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |     11044 | NS      | $192828.24    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Terns Pharmaceuticals, Inc.                   | Terns Pharmaceuticals, Inc.                                           | CUSIP: 880881107<br>LEI: 254900S1ZDQMF4MYP709 | Long             | EC               | CORP              | US        |    256939 | NS      | $1929611.89   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT, Inc.                          | CareTrust REIT, Inc.                                                  | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     83488 | NS      | $2895363.84   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Embecta Corp.                                 | Embecta Corp.                                                         | CUSIP: 29082K105<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | EC               | CORP              | US        |     37003 | NS      | $522112.33    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Upstart Holdings, Inc.                        | Upstart Holdings, Inc.                                                | CUSIP: 91680M107<br>LEI: 549300WNB47JRNENIC75 | Long             | EC               | CORP              | US        |     33665 | NS      | $1710182.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| HA Sustainable Infrastructure Capital, Inc.   | HA Sustainable Infrastructure Capital, Inc.                           | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |     70534 | NS      | $2165393.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PotlatchDeltic Corp.                          | PotlatchDeltic Corp.                                                  | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |    101932 | NS      | $4153729.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited, Inc.                              | BankUnited, Inc.                                                      | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |     19735 | NS      | $753087.60    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies, Inc.         | Applied Industrial Technologies, Inc.                                 | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |     17057 | NS      | $4452729.85   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrun, Inc.                                  | Sunrun, Inc.                                                          | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |     60025 | NS      | $1037832.25   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniAb Operations, Inc.                       | OmniAb Operations, Inc.                                               | CUSIP: 68218J202<br>LEI: N/A                  | Long             |  | CORP              | US        |      7220 | NS      | $0.01         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Plymouth Industrial REIT, Inc.                | Plymouth Industrial REIT, Inc.                                        | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31983 | NS      | $714180.39    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand, Inc.                             | Masterbrand, Inc.                                                     | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |     47735 | NS      | $628669.95    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll, Inc.                             | MillerKnoll, Inc.                                                     | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |     71090 | NS      | $1261136.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** JPMorgan Trust I

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer