# EDGAR Filing Document

**Accession Number:** 0001328062
**File Stem:** 0001328062-25-000005
**Filing Date:** 2025-8
**Character Count:** 24408
**Document Hash:** 27825baa20aea686ca7dea4ba2ea2ce5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001328062-25-000005.hdr.sgml**: 20250806

**ACCESSION NUMBER**: 0001328062-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250806

**DATE AS OF CHANGE**: 20250806

**EFFECTIVENESS DATE**: 20250806

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cornerstone Investment Partners, LLC
- **CENTRAL INDEX KEY:** 0001328062

**ORGANIZATION NAME:**
- **EIN:** 582620541
- **STATE OF INCORPORATION:** GA
- **FISCAL YEAR END:** 1204

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11408
- **FILM NUMBER:** 251189128

**BUSINESS ADDRESS:**
- **STREET 1:** PHIPPS TOWER
- **STREET 2:** 3438 PEACHTREE ROAD NE, SUITE 900
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30326
- **BUSINESS PHONE:** 4047513900

**MAIL ADDRESS:**
- **STREET 1:** PHIPPS TOWER
- **STREET 2:** 3438 PEACHTREE ROAD NE, SUITE 900
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30326

### FORM 13F COVER PAGE

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

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Cornerstone Investment Partners LLC<br>**Address:** PHIPPS TOWER<br>3438 PEACHTREE ROAD NE SUITE 900<br>ATLANTA, GA 30326

**Form 13F File Number:** 028-11408

**CRD Number (if applicable):** 000111753

**SEC File Number (if applicable):** 801-61425

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

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

**Name:** Sean Kim<br>**Title:** CCO<br>**Phone:** 4047513884

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

Sean Kim  Atlanta, GA  08-06-2025<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 210

**Form 13F Information Table Value Total:** $2265797445

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ACM Research Inc. Class A | COM | 00108J109 |  | 282983 | 10926 | SH |  | SOLE |  | 10926 | 0 | 0 |
| Adecoagro S.A. | COM | L00849106 |  | 128252 | 14032 | SH |  | SOLE |  | 14032 | 0 | 0 |
| Affiliated Managers Group | COM | 008252108 |  | 397279 | 2019 | SH |  | SOLE |  | 1937 | 0 | 82 |
| Alamo Group Inc. | COM | 011311107 |  | 551191 | 2524 | SH |  | SOLE |  | 2463 | 0 | 61 |
| Albertsons Companies Inc. Class A | COM | 013091103 |  | 400366 | 18613 | SH |  | SOLE |  | 17119 | 0 | 1494 |
| Alight Inc. | COM | 01626W101 |  | 377811 | 66751 | SH |  | SOLE |  | 64076 | 0 | 2675 |
| Alphabet Inc. Class A | COM | 02079K305 |  | 100823650 | 572114 | SH |  | SOLE |  | 560427 | 0 | 11687 |
| American Express Co. | COM | 025816109 |  | 55958342 | 175429 | SH |  | SOLE |  | 171765 | 0 | 3664 |
| American Superconductor Corporation | COM | 030111207 |  | 244612 | 6667 | SH |  | SOLE |  | 6667 | 0 | 0 |
| Americas Car-Mart Inc. | COM | 03062T105 |  | 221750 | 3957 | SH |  | SOLE |  | 3799 | 0 | 158 |
| AngioDynamics Inc | COM | 03475V101 |  | 179096 | 18054 | SH |  | SOLE |  | 18054 | 0 | 0 |
| API Group Corp. | COM | 00187Y100 |  | 780554 | 22935 | SH |  | SOLE |  | 21596 | 0 | 1339 |
| Apollo Global Management LLC | COM | 03769M106 |  | 72348309 | 509962 | SH |  | SOLE |  | 498002 | 0 | 11960 |
| Applied Materials Inc. | COM | 038222105 |  | 63249587 | 345494 | SH |  | SOLE |  | 337207 | 0 | 8287 |
| Argan Inc. | COM | 04010E109 |  | 265017 | 1202 | SH |  | SOLE |  | 1202 | 0 | 0 |
| Arlo Technologies Inc. | COM | 04206A101 |  | 382736 | 22567 | SH |  | SOLE |  | 22567 | 0 | 0 |
| Atlantic Union Bankshares Corp | COM | 04911A107 |  | 254181 | 8126 | SH |  | SOLE |  | 7806 | 0 | 320 |
| AutoZone Inc. | COM | 053332102 |  | 38662875 | 10415 | SH |  | SOLE |  | 10184 | 0 | 231 |
| Aveanna Healthcare Holdings Inc | COM | 05356F105 |  | 161680 | 30914 | SH |  | SOLE |  | 30914 | 0 | 0 |
| Avepoint Inc | COM | 053604104 |  | 195012 | 10099 | SH |  | SOLE |  | 10099 | 0 | 0 |
| AZZ Inc. | COM | 002474104 |  | 210312 | 2226 | SH |  | SOLE |  | 2226 | 0 | 0 |
| Bath  Body Works Inc. | COM | 070830104 |  | 363894 | 12146 | SH |  | SOLE |  | 11631 | 0 | 515 |
| BJ's Restaurants Inc. | COM | 09180C106 |  | 222465 | 4988 | SH |  | SOLE |  | 4988 | 0 | 0 |
| BJ'S WHOLESALE CLUB HOLDINGS | COM | 05550J101 |  | 492891 | 4571 | SH |  | SOLE |  | 4387 | 0 | 184 |
| Blackbaud Inc. | COM | 09227Q100 |  | 218956 | 3410 | SH |  | SOLE |  | 3266 | 0 | 144 |
| Boot Barn Holdings Inc | COM | 099406100 |  | 238640 | 1570 | SH |  | SOLE |  | 1570 | 0 | 0 |
| Broadcom Limited | COM | 11135F101 |  | 135025499 | 489844 | SH |  | SOLE |  | 479444 | 0 | 10400 |
| Bruker Corporation | COM | 116794108 |  | 315139 | 7649 | SH |  | SOLE |  | 7346 | 0 | 303 |
| Byrna Technologies Inc | COM | 12448X201 |  | 280977 | 9099 | SH |  | SOLE |  | 9099 | 0 | 0 |
| CACI International Inc. | COM | 127190304 |  | 978665 | 2053 | SH |  | SOLE |  | 1913 | 0 | 140 |
| Cactus Inc. | COM | 127203107 |  | 402399 | 9204 | SH |  | SOLE |  | 8820 | 0 | 384 |
| Cal-Maine Foods Inc. | COM | 128030202 |  | 252164 | 2531 | SH |  | SOLE |  | 2531 | 0 | 0 |
| Calix Inc. | COM | 13100M509 |  | 306215 | 5757 | SH |  | SOLE |  | 5757 | 0 | 0 |
| Cantaloupe Inc. | COM | 138103106 |  | 192765 | 17540 | SH |  | SOLE |  | 17540 | 0 | 0 |
| CarGurus Inc. | COM | 141788109 |  | 210794 | 6298 | SH |  | SOLE |  | 6298 | 0 | 0 |
| Carlisle Companies Incorporated | COM | 142339100 |  | 328592 | 880 | SH |  | SOLE |  | 786 | 0 | 94 |
| CBRE Group Inc. | COM | 12504L109 |  | 48383296 | 345299 | SH |  | SOLE |  | 337433 | 0 | 7866 |
| Cencora Inc. | COM | 03073E105 |  | 87747218 | 292637 | SH |  | SOLE |  | 286728 | 0 | 5909 |
| Cerence Inc. | COM | 156727109 |  | 165331 | 16193 | SH |  | SOLE |  | 16193 | 0 | 0 |
| Charles River Laboratories International Inc. | COM | 159864107 |  | 311805 | 2055 | SH |  | SOLE |  | 1973 | 0 | 82 |
| Chatham Lodging Trust | COM | 16208T102 |  | 148726 | 21338 | SH |  | SOLE |  | 21338 | 0 | 0 |
| Chemed Corporation | COM | 16359R103 |  | 237622 | 488 | SH |  | SOLE |  | 469 | 0 | 19 |
| Chubb Limited | COM | H1467J104 |  | 79696190 | 275080 | SH |  | SOLE |  | 269332 | 0 | 5748 |
| Churchill Downs Incorporated | COM | 171484108 |  | 486719 | 4819 | SH |  | SOLE |  | 4625 | 0 | 194 |
| Ciena Corporation | COM | 171779309 |  | 748561 | 9204 | SH |  | SOLE |  | 8849 | 0 | 355 |
| Clearfield Inc. | COM | 18482P103 |  | 241794 | 5570 | SH |  | SOLE |  | 5570 | 0 | 0 |
| Clover Health Investments Corp. Class A | COM | 18914F103 |  | 112705 | 40396 | SH |  | SOLE |  | 40396 | 0 | 0 |
| Colliers International Group | COM | 194693107 |  | 286274 | 2193 | SH |  | SOLE |  | 2111 | 0 | 82 |
| Comfort Systems USA | COM | 199908104 |  | 1024161 | 1910 | SH |  | SOLE |  | 1834 | 0 | 76 |
| Corpay Inc. | COM | 219948106 |  | 65263353 | 196683 | SH |  | SOLE |  | 192500 | 0 | 4183 |
| Costamare Inc. | COM | Y1771G102 |  | 151244 | 16602 | SH |  | SOLE |  | 16602 | 0 | 0 |
| CSX Corporation | COM | 126408103 |  | 2387080 | 73156 | SH |  | SOLE |  | 72820 | 0 | 336 |
| Curtiss-Wright Corp. | COM | 231561101 |  | 298993 | 612 | SH |  | SOLE |  | 581 | 0 | 31 |
| Custom Truck One Source Inc | COM | 23204X103 |  | 307945 | 62337 | SH |  | SOLE |  | 59828 | 0 | 2509 |
| Daktronics Inc. | COM | 234264109 |  | 192810 | 12752 | SH |  | SOLE |  | 12752 | 0 | 0 |
| Dana Incorporated | COM | 235825205 |  | 188221 | 10975 | SH |  | SOLE |  | 10975 | 0 | 0 |
| Darling Ingredients Inc | COM | 237266101 |  | 319075 | 8410 | SH |  | SOLE |  | 8077 | 0 | 333 |
| Dave Inc | COM | 23834J201 |  | 212849 | 793 | SH |  | SOLE |  | 793 | 0 | 0 |
| Diamondback Energy Inc. | COM | 25278X109 |  | 55282089 | 402344 | SH |  | SOLE |  | 393676 | 0 | 8668 |
| Digital Turbine Inc. | COM | 25400W102 |  | 277684 | 47065 | SH |  | SOLE |  | 47065 | 0 | 0 |
| Dollar General Corp. | COM | 256677105 |  | 58089484 | 507864 | SH |  | SOLE |  | 495856 | 0 | 12008 |
| Dorman Products Inc. | COM | 258278100 |  | 663031 | 5405 | SH |  | SOLE |  | 5255 | 0 | 150 |
| Driven Brands Holdings Inc. | COM | 26210V102 |  | 284946 | 16227 | SH |  | SOLE |  | 15582 | 0 | 645 |
| Elevance Health Inc. | COM | 036752103 |  | 75469520 | 194029 | SH |  | SOLE |  | 189904 | 0 | 4125 |
| EMCOR Group Inc. | COM | 29084Q100 |  | 1026989 | 1920 | SH |  | SOLE |  | 1811 | 0 | 109 |
| Euronet Worldwide Inc | COM | 298736109 |  | 597432 | 5893 | SH |  | SOLE |  | 5658 | 0 | 235 |
| European Wax Center Inc. Class A | COM | 29882P106 |  | 233589 | 41490 | SH |  | SOLE |  | 39730 | 0 | 1760 |
| Evercore Partners Inc. | COM | 29977A105 |  | 1181608 | 4376 | SH |  | SOLE |  | 4042 | 0 | 334 |
| EVERQUOTE INC. | COM | 30041R108 |  | 208021 | 8603 | SH |  | SOLE |  | 8603 | 0 | 0 |
| Expedia Inc. | COM | 30212P303 |  | 289455 | 1716 | SH |  | SOLE |  | 1643 | 0 | 73 |
| Farmland Partners Inc. | COM | 31154R109 |  | 172247 | 14965 | SH |  | SOLE |  | 14965 | 0 | 0 |
| Fiserv Inc. | COM | 337738108 |  | 73675103 | 427325 | SH |  | SOLE |  | 418472 | 0 | 8853 |
| Five Below Inc. | COM | 33829M101 |  | 498222 | 3798 | SH |  | SOLE |  | 3653 | 0 | 145 |
| Freshworks Inc. Class A Common | COM | 358054104 |  | 167648 | 11244 | SH |  | SOLE |  | 11244 | 0 | 0 |
| fuboTV Inc. | COM | 35953D104 |  | 167069 | 43282 | SH |  | SOLE |  | 43282 | 0 | 0 |
| Gaotu Techedu Inc. | ADR | 36257Y109 |  | 137736 | 38154 | SH |  | SOLE |  | 38154 | 0 | 0 |
| GCM Grosvenor Inc. Class A | COM | 36831E108 |  | 448170 | 38769 | SH |  | SOLE |  | 37225 | 0 | 1544 |
| Genius Sports Limited | COM | G3934V109 |  | 181230 | 17426 | SH |  | SOLE |  | 17426 | 0 | 0 |
| Golar LNG Ltd | COM | G9456A100 |  | 252165 | 6122 | SH |  | SOLE |  | 6122 | 0 | 0 |
| Graham Corporation | COM | 384556106 |  | 214576 | 4334 | SH |  | SOLE |  | 4334 | 0 | 0 |
| Green Brick Partners Inc. | COM | 392709101 |  | 354392 | 5636 | SH |  | SOLE |  | 5636 | 0 | 0 |
| Grid Dynamics Holdings Inc. | COM | 39813G109 |  | 120536 | 10436 | SH |  | SOLE |  | 10436 | 0 | 0 |
| Hasbro Inc. | COM | 418056107 |  | 470972 | 6380 | SH |  | SOLE |  | 6122 | 0 | 258 |
| Hawkins Inc | COM | 420261109 |  | 342319 | 2409 | SH |  | SOLE |  | 2409 | 0 | 0 |
| HCA Healthcare Inc. | COM | 40412C101 |  | 69379410 | 181100 | SH |  | SOLE |  | 177208 | 0 | 3892 |
| Healthcare Services Group | COM | 421906108 |  | 181698 | 12089 | SH |  | SOLE |  | 12089 | 0 | 0 |
| Herc Holdings Inc. | COM | 42704L104 |  | 554810 | 4213 | SH |  | SOLE |  | 4054 | 0 | 159 |
| Honest Company Inc. | COM | 438333106 |  | 126996 | 24950 | SH |  | SOLE |  | 24950 | 0 | 0 |
| ICF International Inc. | COM | 44925C103 |  | 270055 | 3188 | SH |  | SOLE |  | 3060 | 0 | 128 |
| Insteel Industries Inc. | COM | 45774W108 |  | 225455 | 6059 | SH |  | SOLE |  | 6059 | 0 | 0 |
| Intrepid Potash Inc. | COM | 46121Y201 |  | 207556 | 5809 | SH |  | SOLE |  | 5809 | 0 | 0 |
| IQVIA Holdings Inc | COM | 46266C105 |  | 44499949 | 282378 | SH |  | SOLE |  | 276346 | 0 | 6032 |
| iShares S Natl AMT-Fr Mun | COM | 464288414 |  | 1785041 | 17085 | SH |  | SOLE |  | 17085 | 0 | 0 |
| iShares S Sh Tm Nat AMT-Free | COM | 464288158 |  | 410579 | 3861 | SH |  | SOLE |  | 3861 | 0 | 0 |
| Itron Inc. | COM | 465741106 |  | 277608 | 2109 | SH |  | SOLE |  | 2109 | 0 | 0 |
| Janus International Group Inc. | COM | 47103N106 |  | 159096 | 19545 | SH |  | SOLE |  | 19545 | 0 | 0 |
| JFROG Ltd. | COM | M6191J100 |  | 253977 | 5788 | SH |  | SOLE |  | 5788 | 0 | 0 |
| JPMorgan Chase  Co | COM | 46625H100 |  | 42979158 | 148250 | SH |  | SOLE |  | 144704 | 0 | 3546 |
| Kinsale Capital Group Inc. | COM | 49714P108 |  | 423896 | 876 | SH |  | SOLE |  | 839 | 0 | 37 |
| KLA Corporation | COM | 482480100 |  | 86559835 | 96635 | SH |  | SOLE |  | 94542 | 0 | 2093 |
| Knife River Corp | COM | 498894104 |  | 226959 | 2780 | SH |  | SOLE |  | 2662 | 0 | 118 |
| Latham Group Inc | COM | 51819L107 |  | 146817 | 23012 | SH |  | SOLE |  | 23012 | 0 | 0 |
| Legalzoom.com Inc. | COM | 52466B103 |  | 108684 | 12198 | SH |  | SOLE |  | 12198 | 0 | 0 |
| LeMaitre Vascular Inc. | COM | 525558201 |  | 206961 | 2492 | SH |  | SOLE |  | 2492 | 0 | 0 |
| LifeMD Inc | COM | 53216B104 |  | 187234 | 13747 | SH |  | SOLE |  | 13747 | 0 | 0 |
| Lifestance Health Group Inc. | COM | 53228F101 |  | 120926 | 23390 | SH |  | SOLE |  | 23390 | 0 | 0 |
| Ligand Pharmaceuticals | COM | 53220K504 |  | 207466 | 1825 | SH |  | SOLE |  | 1825 | 0 | 0 |
| LKQ Corporation | COM | 501889208 |  | 429094 | 11594 | SH |  | SOLE |  | 11112 | 0 | 482 |
| Lumentum Holdings Inc. | COM | 55024U109 |  | 631674 | 6645 | SH |  | SOLE |  | 6383 | 0 | 262 |
| LXP Industrial Trust | COM | 529043101 |  | 142824 | 17291 | SH |  | SOLE |  | 17291 | 0 | 0 |
| Marqeta Inc. | COM | 57142B104 |  | 161800 | 27753 | SH |  | SOLE |  | 27753 | 0 | 0 |
| Matson Inc. | COM | 57686G105 |  | 224816 | 2019 | SH |  | SOLE |  | 2019 | 0 | 0 |
| McKesson Corp | COM | 58155Q103 |  | 71386695 | 97419 | SH |  | SOLE |  | 95118 | 0 | 2301 |
| Mercury General Corp. | COM | 589400100 |  | 235690 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| Meta Platforms Inc. | COM | 30303M102 |  | 130639716 | 176997 | SH |  | SOLE |  | 173449 | 0 | 3548 |
| Micron Technology Inc | COM | 595112103 |  | 95366906 | 773768 | SH |  | SOLE |  | 755498 | 0 | 18270 |
| Microsoft Corporation | COM | 594918104 |  | 92452602 | 185868 | SH |  | SOLE |  | 181501 | 0 | 4367 |
| Microvast Holdings Inc. | COM | 59516C106 |  | 147033 | 40505 | SH |  | SOLE |  | 40505 | 0 | 0 |
| Mission Produce Inc. | COM | 60510V108 |  | 167420 | 14285 | SH |  | SOLE |  | 14285 | 0 | 0 |
| Mister Car Wash Inc. | COM | 60646V105 |  | 120831 | 20105 | SH |  | SOLE |  | 20105 | 0 | 0 |
| MKS Instruments Inc. | COM | 55306N104 |  | 896227 | 9020 | SH |  | SOLE |  | 8656 | 0 | 364 |
| Moelis  Company | COM | 60786M105 |  | 645199 | 10353 | SH |  | SOLE |  | 9434 | 0 | 919 |
| Molina Healthcare Inc. | COM | 60855R100 |  | 376248 | 1263 | SH |  | SOLE |  | 1211 | 0 | 52 |
| Mueller Water Products Inc. Class A | COM | 624758108 |  | 222731 | 9265 | SH |  | SOLE |  | 9265 | 0 | 0 |
| National Storage Affiliates Trust | COM | 637870106 |  | 291365 | 9108 | SH |  | SOLE |  | 8731 | 0 | 377 |
| Navigator Holdings Ltd. | COM | Y62132108 |  | 338878 | 23949 | SH |  | SOLE |  | 22960 | 0 | 989 |
| Navitas Semiconductor Corporat | COM | 63942X106 |  | 461415 | 70445 | SH |  | SOLE |  | 70445 | 0 | 0 |
| NetGear Inc | COM | 64111Q104 |  | 227066 | 7811 | SH |  | SOLE |  | 7811 | 0 | 0 |
| Nexstar Media Group Inc. Cl A | COM | 65336K103 |  | 555861 | 3214 | SH |  | SOLE |  | 2989 | 0 | 225 |
| Nextdoor Holdings Inc. Class A | COM | 65345M108 |  | 159973 | 96369 | SH |  | SOLE |  | 96369 | 0 | 0 |
| Nexxen International Ltd | COM | M8T80P204 |  | 219193 | 21056 | SH |  | SOLE |  | 21056 | 0 | 0 |
| Niagen Bioscience Inc. | COM | 171077407 |  | 352930 | 24492 | SH |  | SOLE |  | 24492 | 0 | 0 |
| NOW Inc. | COM | 67011P100 |  | 158829 | 10710 | SH |  | SOLE |  | 10710 | 0 | 0 |
| Old Republic International Corporation | COM | 680223104 |  | 302561 | 7871 | SH |  | SOLE |  | 7537 | 0 | 334 |
| Ollie's Bargain Outlet Holding | COM | 681116109 |  | 336830 | 2556 | SH |  | SOLE |  | 2458 | 0 | 98 |
| Olo Inc | COM | 68134L109 |  | 230679 | 25919 | SH |  | SOLE |  | 25919 | 0 | 0 |
| OneSpan Inc. | COM | 68287N100 |  | 233794 | 14008 | SH |  | SOLE |  | 14008 | 0 | 0 |
| Onto Innovation Inc. | COM | 683344105 |  | 517771 | 5130 | SH |  | SOLE |  | 4826 | 0 | 304 |
| Ooma Inc. | COM | 683416101 |  | 138946 | 10771 | SH |  | SOLE |  | 10771 | 0 | 0 |
| OPENLANE Inc. | COM | 48238T109 |  | 221835 | 9073 | SH |  | SOLE |  | 9073 | 0 | 0 |
| OppFi Inc. | COM | 68386H103 |  | 461838 | 33012 | SH |  | SOLE |  | 33012 | 0 | 0 |
| Option Care Health Inc | COM | 68404L201 |  | 305442 | 9404 | SH |  | SOLE |  | 9025 | 0 | 379 |
| Organogenesis Holdings Inc. | COM | 68621F102 |  | 168276 | 45977 | SH |  | SOLE |  | 45977 | 0 | 0 |
| OSI Systems Inc. | COM | 671044105 |  | 254766 | 1133 | SH |  | SOLE |  | 1133 | 0 | 0 |
| Pagaya Technologies Ltd Class A | COM | M7S64L123 |  | 217613 | 10207 | SH |  | SOLE |  | 10207 | 0 | 0 |
| Paymentus Holdings Inc Class A | COM | 70439P108 |  | 249326 | 7613 | SH |  | SOLE |  | 7613 | 0 | 0 |
| Perdoceo Education Corporation | COM | 71363P106 |  | 286266 | 8757 | SH |  | SOLE |  | 8757 | 0 | 0 |
| Perimeter Solutions | COM | 71385M107 |  | 271064 | 19473 | SH |  | SOLE |  | 19473 | 0 | 0 |
| Permian Resources Corp. | COM | 71424F105 |  | 692809 | 50867 | SH |  | SOLE |  | 47703 | 0 | 3164 |
| Petco Health  Wellness Company Inc. Class A | COM | 71601V105 |  | 114629 | 40505 | SH |  | SOLE |  | 40505 | 0 | 0 |
| Pitney Bowes Inc. | COM | 724479100 |  | 186212 | 17068 | SH |  | SOLE |  | 17068 | 0 | 0 |
| Ponce Financial Group Inc | COM | 732344106 |  | 146510 | 10586 | SH |  | SOLE |  | 10586 | 0 | 0 |
| Postal Realty Trust Inc | COM | 73757R102 |  | 168231 | 11421 | SH |  | SOLE |  | 11421 | 0 | 0 |
| Powell Industries Inc. | COM | 739128106 |  | 425530 | 2022 | SH |  | SOLE |  | 2022 | 0 | 0 |
| Primoris Services Corporation | COM | 74164F103 |  | 796235 | 10216 | SH |  | SOLE |  | 9908 | 0 | 308 |
| Protagonist Therapeutics Inc. | COM | 74366E102 |  | 275245 | 4980 | SH |  | SOLE |  | 4980 | 0 | 0 |
| Qualcomm Inc. | COM | 747525103 |  | 40805756 | 256221 | SH |  | SOLE |  | 249995 | 0 | 6226 |
| Real Brokerage Inc | COM | 75585H206 |  | 151455 | 33582 | SH |  | SOLE |  | 33582 | 0 | 0 |
| Reliance Steel  Aluminum | COM | 759509102 |  | 293183 | 934 | SH |  | SOLE |  | 896 | 0 | 38 |
| RPM International Inc. | COM | 749685103 |  | 237254 | 2160 | SH |  | SOLE |  | 2068 | 0 | 92 |
| Ryan Specialty Holdings Inc | COM | 78351F107 |  | 633327 | 9315 | SH |  | SOLE |  | 8924 | 0 | 391 |
| Sapiens International | COM | G7T16G103 |  | 332982 | 11384 | SH |  | SOLE |  | 10922 | 0 | 462 |
| Service Corporation International | COM | 817565104 |  | 476516 | 5854 | SH |  | SOLE |  | 5619 | 0 | 235 |
| Sezzle Inc | COM | 78435P105 |  | 735642 | 4104 | SH |  | SOLE |  | 4104 | 0 | 0 |
| SGHC Ltd | COM | G8588X103 |  | 258859 | 23597 | SH |  | SOLE |  | 23597 | 0 | 0 |
| Shake Shack Inc. Class A | COM | 819047101 |  | 326333 | 2321 | SH |  | SOLE |  | 2321 | 0 | 0 |
| Shenandoah Telecomm Co. | COM | 82312B106 |  | 200529 | 14680 | SH |  | SOLE |  | 14680 | 0 | 0 |
| SkyWater Technology Inc | COM | 83089J108 |  | 140978 | 14327 | SH |  | SOLE |  | 14327 | 0 | 0 |
| SkyWest Inc. | COM | 830879102 |  | 454201 | 4411 | SH |  | SOLE |  | 4411 | 0 | 0 |
| Sohu.com Limited ADS | COM | 83410S108 |  | 184011 | 13825 | SH |  | SOLE |  | 13825 | 0 | 0 |
| SPDR Barclays 1-3 Month T-Bill | COM | 78468R663 |  | 3321910 | 36214 | SH |  | SOLE |  | 36214 | 0 | 0 |
| Sprinkler Inc | COM | 85208T107 |  | 147509 | 17436 | SH |  | SOLE |  | 17436 | 0 | 0 |
| SS Technologies Hldgs Inc. | COM | 78467J100 |  | 50133910 | 605482 | SH |  | SOLE |  | 591156 | 0 | 14326 |
| Steelcase Inc. Class A | COM | 858155203 |  | 116670 | 11186 | SH |  | SOLE |  | 11186 | 0 | 0 |
| Stifel Financial Corp | COM | 860630102 |  | 708299 | 6825 | SH |  | SOLE |  | 6549 | 0 | 276 |
| StoneX Group Inc. | COM | 861896108 |  | 806771 | 8852 | SH |  | SOLE |  | 8584 | 0 | 268 |
| Summit Hotel Properties Inc. | COM | 866082100 |  | 170169 | 33432 | SH |  | SOLE |  | 33432 | 0 | 0 |
| Take-Two Interactive Software | COM | 874054109 |  | 76912538 | 316708 | SH |  | SOLE |  | 309222 | 0 | 7486 |
| Teekay Tankers cl A | COM | G8726X106 |  | 200798 | 4813 | SH |  | SOLE |  | 4813 | 0 | 0 |
| Teradyne Inc. | COM | 880770102 |  | 319935 | 3558 | SH |  | SOLE |  | 3408 | 0 | 150 |
| Texas Roadhouse Inc. | COM | 882681109 |  | 407055 | 2172 | SH |  | SOLE |  | 2083 | 0 | 89 |
| The Travelers Companies | COM | 89417E109 |  | 55088359 | 205907 | SH |  | SOLE |  | 201035 | 0 | 4872 |
| thredUP Inc. Class A | COM | 88556E102 |  | 155710 | 20789 | SH |  | SOLE |  | 20789 | 0 | 0 |
| TransUnion | COM | 89400J107 |  | 888624 | 10098 | SH |  | SOLE |  | 9402 | 0 | 696 |
| TriNet Group Inc. | COM | 896288107 |  | 537067 | 7343 | SH |  | SOLE |  | 7046 | 0 | 297 |
| TTM Technologies Inc. | COM | 87305R109 |  | 391096 | 9581 | SH |  | SOLE |  | 9581 | 0 | 0 |
| Udemy Inc. Common Stock | COM | 902685106 |  | 172115 | 24483 | SH |  | SOLE |  | 24483 | 0 | 0 |
| Ulta Beauty Inc. | COM | 90384S303 |  | 312504 | 668 | SH |  | SOLE |  | 640 | 0 | 28 |
| United Natural Foods Inc. | COM | 911163103 |  | 251725 | 10799 | SH |  | SOLE |  | 10799 | 0 | 0 |
| United Rentals Inc. | COM | 911363109 |  | 59954819 | 79579 | SH |  | SOLE |  | 77733 | 0 | 1846 |
| UnitedHealth Group Inc. | COM | 91324P102 |  | 46391499 | 148705 | SH |  | SOLE |  | 145513 | 0 | 3192 |
| Universal Technical Institute Inc. | COM | 913915104 |  | 337883 | 9970 | SH |  | SOLE |  | 9970 | 0 | 0 |
| Univest Financial Corporation | COM | 915271100 |  | 210160 | 6996 | SH |  | SOLE |  | 6996 | 0 | 0 |
| Upstart Holdings Inc. | COM | 91680M107 |  | 213185 | 3296 | SH |  | SOLE |  | 3296 | 0 | 0 |
| Upwork Inc. | COM | 91688F104 |  | 208723 | 15530 | SH |  | SOLE |  | 15530 | 0 | 0 |
| US Foods Holding | COM | 912008109 |  | 1066589 | 13850 | SH |  | SOLE |  | 13017 | 0 | 833 |
| Vanguard Short-Term Bond | COM | 921937827 |  | 11227263 | 142659 | SH |  | SOLE |  | 142659 | 0 | 0 |
| Vanguard Total Bd Mkt ETF | COM | 921937835 |  | 65922853 | 895326 | SH |  | SOLE |  | 895326 | 0 | 0 |
| Veeco Instruments Inc. | COM | 922417100 |  | 290434 | 14293 | SH |  | SOLE |  | 13728 | 0 | 565 |
| Verra Mobility Corporation | COM | 92511U102 |  | 630586 | 24836 | SH |  | SOLE |  | 23840 | 0 | 996 |
| Verus Residential Inc. | COM | 554489104 |  | 149600 | 10047 | SH |  | SOLE |  | 10047 | 0 | 0 |
| Viavi Solutions Inc | COM | 925550105 |  | 146619 | 14560 | SH |  | SOLE |  | 14560 | 0 | 0 |
| VISA Inc. | COM | 92826C839 |  | 95524431 | 269045 | SH |  | SOLE |  | 263401 | 0 | 5644 |
| Vital Farms Inc. | COM | 92847W103 |  | 253269 | 6575 | SH |  | SOLE |  | 6575 | 0 | 0 |
| W. R. Berkley Corporation | COM | 084423102 |  | 55755061 | 758882 | SH |  | SOLE |  | 740834 | 0 | 18048 |
| Walker  Dunlop Inc. | COM | 93148P102 |  | 563840 | 8000 | SH |  | SOLE |  | 7549 | 0 | 451 |
| Warrior Met Coal Llc | COM | 93627C101 |  | 351333 | 7666 | SH |  | SOLE |  | 7666 | 0 | 0 |
| WEX Inc. | COM | 96208T104 |  | 694937 | 4731 | SH |  | SOLE |  | 4420 | 0 | 311 |
| Willdan Group Inc. | COM | 96924N100 |  | 310737 | 4971 | SH |  | SOLE |  | 4971 | 0 | 0 |
| Zoominfo Technologies Inc | COM | 98980F104 |  | 180389 | 17825 | SH |  | SOLE |  | 17825 | 0 | 0 |

---