# EDGAR Filing Document

**Accession Number:** 0000764859
**File Stem:** 0000910472-26-005214
**Filing Date:** 2026-4
**Character Count:** 63192
**Document Hash:** 5d9b35519dd630128ac263ddae5b4889
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-005214.hdr.sgml**: 20260401

**ACCESSION NUMBER**: 0000910472-26-005214

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260401

**DATE AS OF CHANGE**: 20260401

**PERIOD START**: 20260131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN PENSION INVESTORS TRUST
- **CENTRAL INDEX KEY:** 0000764859

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04262
- **FILM NUMBER:** 26825373

**BUSINESS ADDRESS:**
- **STREET 1:** 106 ANNJO COURT
- **STREET 2:** SUITE A
- **CITY:** FOREST
- **STATE:** VA
- **ZIP:** 24551
- **BUSINESS PHONE:** 434-846-1361

**MAIL ADDRESS:**
- **STREET 1:** 106 ANNJO COURT
- **STREET 2:** SUITE A
- **CITY:** FOREST
- **STATE:** VA
- **ZIP:** 24551

## Series and Classes Contracts Data

### Yorktown Growth Fund (Series ID: S000008424)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000023126 | Class L Shares      | APITX           |
| C000023127 | Class A Shares      | AFGGX           |
| C000127241 | Institutional Class | APGRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Pension Investors Trust

- **b. Investment Company Act file number:** 811-04262

- **c. CIK number of Registrant:** 0000764859

- **d. LEI of Registrant:** 549300XN7GOBVVCYXP64

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

  - **Street Address 1:** 2303 Yorktown Ave.

  - **City:** Lynchburg

  - **State:** VA

  - **Foreign country:** US

  - **Zip / Postal Code:** 24501

  - **Telephone number:** 434-846-1361

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

- **a. Name of Series:** YORKTOWN GROWTH FUND

- **b. EDGAR series identifier (if any):** S000008424

- **c. LEI of Series:** 5493005TIRZAZOWP2K56

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

- **a. Date of fiscal year-end:** 2026-01-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $97943971.45

**Total Liabilities:** $154816.93

**Net Assets:** $97789154.52

**Cash Not Reported:** $91.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000023126 | -1.27%               | -0.57%               | 4.09%                |
| Class ID C000023127 | -6.89%               | -6.24%               | -1.81%               |
| Class ID C000127241 | -1.20%               | -0.54%               | 4.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $46717.51                | $-1135881.24                               |
| Month 2  | $-138691.22              | $-312815.72                                |
| Month 3  | $-642356.45              | $4719996.72                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| API Group Corp                                 | API Group Corporation                                     | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |     15150 | NS      | $629785.50    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide Inc                              | ACI Worldwide, Inc.                                       | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |      8150 | NS      | $353384.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantest Corp.                                | Advantest Corporation                                     | CUSIP: 00762U200<br>LEI: 353800EMK32PDKS9XR54 | Long             | EC               | CORP              | JP        |      5400 | NS      | $893322.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Digital Corp                           | Applied Digital Corporation                               | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |     30350 | NS      | $1028258.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                      | Argenx S.E.                                               | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |       425 | NS      | $357212.50    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                            | Arista Networks, Inc.                                     | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      9800 | NS      | $1389052.00   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashtead Group PLC                              | Ashtead Group plc                                         | CUSIP: 045055209<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |      8200 | NS      | $519552.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Asics Corp                                     | Asics Corporation                                         | CUSIP: 04521N101<br>LEI: 3538002LJMRZ83SU0B85 | Long             | EC               | CORP              | JP        |     24000 | NS      | $576360.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                            | Axon Enterprise, Inc.                                     | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      1875 | NS      | $906712.50    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics Inc.                       | Axsome Therapeutics, Inc.                                 | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |      1700 | NS      | $313225.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc.                          | BWX Technologies, Inc.                                    | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      4700 | NS      | $965521.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackline Inc                                  | BlackLine, Inc.                                           | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |      5500 | NS      | $255585.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                                | CBRE Group, Inc.                                          | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      2700 | NS      | $459891.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp.                       | CECO Environmental Corporation                            | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |      9700 | NS      | $654071.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey'S General Stores Inc.                    | Casey's General Stores, Inc.                              | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      1200 | NS      | $727800.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica Inc.                                 | Celestica, Inc.                                           | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |      2450 | NS      | $688425.50    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                           | Chart Industries, Inc.                                    | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |      1550 | NS      | $321377.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Chime Financial Inc.                           | Chime Financial, Inc.                                     | CUSIP: 16935C109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14200 | NS      | $360964.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corporation                              | Ciena Corporation                                         | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |      1650 | NS      | $415486.50    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                            | Clean Harbors, Inc.                                       | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      1450 | NS      | $376869.50    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings Inc              | Clearwater Analytics Holdings, Inc.                       | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16700 | NS      | $402303.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc.                       | Comfort Systems USA, Inc.                                 | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      3500 | NS      | $3997350.00   | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Compagnie Financiere Richemont Sa              | Cie Financiere Richemont S.A.                             | CUSIP: 204319107<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |     25900 | NS      | $500647.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                     | Copart, Inc.                                              | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |      9400 | NS      | $381452.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                                | Core & Main, Inc.                                         | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13300 | NS      | $709688.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                           | Curtiss-Wright Corporation                                | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      1400 | NS      | $919366.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp, Inc.                        | Customers Bancorp, Inc.                                   | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |      4850 | NS      | $383247.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                                    | Datadog, Inc.                                             | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |      4000 | NS      | $517280.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                             | Deutsche Boerse A.G.                                      | CUSIP: 251542106<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |     31000 | NS      | $782750.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc.                        | Digi International, Inc.                                  | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     13700 | NS      | $590059.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalOcean Holdings Inc                      | DigitalOcean Holdings, Inc.                               | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |      4900 | NS      | $270725.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DISCO Corp.                                    | Disco Corporation                                         | CUSIP: 25461D100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     23050 | NS      | $984465.50    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc.                           | Dorman Products, Inc.                                     | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |      3700 | NS      | $459540.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DSV AS                                         | DSV A/S                                                   | CUSIP: 26251A108<br>LEI: 529900X41C0BSLK67H70 | Long             | EC               | CORP              | DK        |      3850 | NS      | $539462.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                                   | Doximity, Inc.                                            | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7200 | NS      | $269784.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Dutch Bros Inc                                 | Dutch Bros, Inc.                                          | CUSIP: 26701L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10300 | NS      | $560217.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries, Inc.                         | Dycom Industries, Inc.                                    | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      1476 | NS      | $537839.64    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.                           | Eagle Materials, Inc.                                     | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      1650 | NS      | $336286.50    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Embraer S.A.                                   | Embraer S.A.                                              | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |      4200 | NS      | $308532.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc                               | Ensign Group, Inc. (The)                                  | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      1400 | NS      | $240324.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc.                         | ESCO Technologies, Inc.                                   | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |      1125 | NS      | $256691.25    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution AB                                   | Evolution A.B.                                            | CUSIP: 30051E104<br>LEI: 549300SUH6ZR1RF6TA88 | Long             | EC               | CORP              | SE        |      2300 | NS      | $149063.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc.                       | ExlService Holdings, Inc.                                 | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     12100 | NS      | $473715.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| F N B Corp (Pennsylvania)                      | FNB Corp                                                  | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |     10100 | NS      | $177255.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Firstcash Holdings Inc                         | FirstCash Holdings, Inc.                                  | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2300 | NS      | $392150.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Figure Technology Solutions Inc.               | Figure Technology Solutions, Inc.                         | CUSIP: 349381103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17300 | NS      | $984024.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                                   | Fortinet, Inc.                                            | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      4950 | NS      | $402237.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co Inc                       | Franklin Electric Company, Inc.                           | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |      6000 | NS      | $597720.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Futu Holdings Ltd.                             | Futu Holdings Ltd.                                        | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               | CORP              | HK        |      3500 | NS      | $568995.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Givaudan SA                                    | Givaudan S.A.                                             | CUSIP: 37636P108<br>LEI: 213800SVRMQA1TD91D41 | Long             | EC               | CORP              | CH        |      5100 | NS      | $394485.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Med Inc                                 | Globus Medical, Inc.                                      | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |      6400 | NS      | $580352.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Fields Ltd                                | Gold Fields Ltd.                                          | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |     22750 | NS      | $1140230.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Corp                                    | Graham Corporation                                        | CUSIP: 384556106<br>LEI: 254900EI9P4LTY524J77 | Long             | EC               | CORP              | US        |      5450 | NS      | $381064.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. | Grupo Aeroportuario del Sureste S.A.B. de C.V.            | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |      1390 | NS      | $479730.70    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| HCI Group, Inc.                                | HCI Group, Inc.                                           | CUSIP: 40416E103<br>LEI: 549300CZF7EZJH0MPH74 | Long             | EC               | CORP              | US        |      1800 | NS      | $285606.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Hagerty Inc                                    | Hagerty, Inc.                                             | CUSIP: 405166109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20100 | NS      | $253461.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc                              | Hamilton Lane, Inc.                                       | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |      3300 | NS      | $466092.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc      | HA Sustainable Infrastructure Capital, Inc. Capital, Inc. | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |     11550 | NS      | $397435.50    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                                    | Hawkins, Inc.                                             | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |      3700 | NS      | $481925.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Heico Corp                                     | HEICO Corporation                                         | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      1280 | NS      | $423564.80    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc                              | Herc Holdings, Inc.                                       | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |      2300 | NS      | $329682.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health Inc                         | Hims & Hers Health, Inc.                                  | CUSIP: 433000106<br>LEI: 254900V041EIVTSB6D58 | Long             | EC               | CORP              | US        |      7750 | NS      | $209947.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc.                            | Houlihan Lokey, Inc.                                      | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      3850 | NS      | $648032.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubspot Inc                                    | HubSpot, Inc.                                             | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |       460 | NS      | $128800.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| IES Holdings Inc.                              | IES Holdings, Inc.                                        | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |      5400 | NS      | $2053566.00   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                        | ITT, Inc.                                                 | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |      3300 | NS      | $601590.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                             | Ingersoll Rand, Inc.                                      | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |      9700 | NS      | $835073.00    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                     | Insmed, Inc.                                              | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      3750 | NS      | $588262.50    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products Inc                | Installed Building Products, Inc.                         | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |      1300 | NS      | $374582.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc                  | Interactive Brokers Group, Inc.                           | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     12400 | NS      | $928512.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital, Inc.                             | InterDigital, Inc.                                        | CUSIP: 45867G101<br>LEI: 529900HQAUTC3VI47G64 | Long             | EC               | CORP              | US        |      1450 | NS      | $473338.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                      | KLA Corporation                                           | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       890 | NS      | $1270866.60   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc.                                  | KKR & Company, Inc.                                       | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |      7200 | NS      | $822672.00    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc.                           | Karman Holdings, Inc.                                     | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3350 | NS      | $347730.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingspan Group PLC                             | Kingspan Group plc                                        | CUSIP: 496402108<br>LEI: 635400HM7V74SUB9OG75 | Long             | EC               | CORP              | IE        |      4650 | NS      | $406272.83    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Klaviyo Inc                                    | Klaviyo, Inc.                                             | CUSIP: 49845K101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11850 | NS      | $263188.50    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                     | Korn Ferry                                                | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |      5700 | NS      | $395979.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech Inc                            | Krystal Biotech, Inc.                                     | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |      2000 | NS      | $558480.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc.                    | LPL Financial Holdings, Inc.                              | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      2990 | NS      | $1089855.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS Inc                               | Leonardo DRS, Inc.                                        | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |      7900 | NS      | $324374.00    | 0.33%             |  |  |  | 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        |      6750 | NS      | $196897.50    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Life360 Inc.                                   | Life360, Inc.                                             | CUSIP: 532206109<br>LEI: 254900VO9VDOQBQAHF07 | Long             | EC               | CORP              | US        |      9000 | NS      | $515610.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors Incorporated                     | Lithia Motors, Inc.                                       | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |      2100 | NS      | $679224.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings Inc                              | Loar Holdings, Inc.                                       | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $205740.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Lonza Group AG                                 | Lonza Group A.G.                                          | CUSIP: 54338V101<br>LEI: 549300EFW4H2TCZ71055 | Long             | EC               | CORP              | CH        |      4600 | NS      | $311098.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc.                         | Lumentum Holdings, Inc.                                   | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      1125 | NS      | $440820.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastec, Inc.                                   | MasTec, Inc.                                              | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |      2200 | NS      | $529056.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc.                          | Medpace Holdings, Inc.                                    | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |      1800 | NS      | $1048464.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co.                       | Modine Manufacturing Company                              | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |      4150 | NS      | $766339.00    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc.                  | Monolithic Power Systems, Inc.                            | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |       650 | NS      | $730697.50    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Monotaro CoLtd                                 | MonotaRO Company Ltd.                                     | CUSIP: 61022V107<br>LEI: 5299005JUER5ANXWTC33 | Long             | EC               | CORP              | JP        |     29500 | NS      | $397365.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc.                        | Mueller Industries, Inc.                                  | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |      7800 | NS      | $1061892.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Naspers Limited                                | Naspers Ltd.                                              | CUSIP: 631512209<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |     46000 | NS      | $569940.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                     | Neurocrine Biosciences, Inc.                              | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      2250 | NS      | $306135.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc.                                      | Okta, Inc.                                                | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |      4100 | NS      | $346368.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                           | Old National Bancorp                                      | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |     14150 | NS      | $345684.50    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollies Bargain Outlet Holdings Inc.            | Ollie's Bargain Outlet Holdings, Inc.                     | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |      2370 | NS      | $261434.70    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                        | PTC, Inc.                                                 | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      2800 | NS      | $437164.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Pampa Energia SA                               | Pampa Energia S.A.                                        | CUSIP: 697660207<br>LEI: 254900QNIK0CVURGML24 | Long             | EC               | CORP              | AR        |      7200 | NS      | $623808.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                            | Paycom Software, Inc.                                     | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      2100 | NS      | $282975.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corporation                  | Paylocity Holding Corporation                             | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |      3300 | NS      | $445434.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Paymentus Holdings Inc                         | Paymentus Holdings, Inc.                                  | CUSIP: 70439P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10800 | NS      | $288684.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Inc.                                  | Penumbra, Inc.                                            | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |      3000 | NS      | $1074510.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co.                     | Performance Food Group Company                            | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |      5630 | NS      | $537383.50    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Companies                        | Piper Sandler Cos                                         | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |      1060 | NS      | $367131.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp.                        | Primoris Services Corporation                             | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |      4100 | NS      | $607825.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Prysmian S.p.A.                                | Prysmian SpA                                              | CUSIP: 74440L106<br>LEI: 529900X0H1IO3RS1A464 | Long             | EC               | CORP              | IT        |     15000 | NS      | $890250.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Pulte Group Inc                                | PulteGroup, Inc.                                          | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $500360.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                                     | Qualys, Inc.                                              | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |      4700 | NS      | $619930.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Radnet Inc                                     | RadNet, Inc.                                              | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |      5350 | NS      | $375035.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                             | Ralph Lauren Corporation                                  | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |       700 | NS      | $247387.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc.                   | Raymond James Financial, Inc.                             | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      6450 | NS      | $1069797.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                               | RBC Bearings, Inc.                                        | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1000 | NS      | $499670.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                                     | Reddit, Inc.                                              | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |      2650 | NS      | $477715.50    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ringcentral Inc                                | RingCentral, Inc.                                         | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |     13050 | NS      | $337734.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                                    | Rollins, Inc.                                             | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |      7300 | NS      | $462382.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Street Interactive Inc                    | Rush Street Interactive, Inc.                             | CUSIP: 782011100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26900 | NS      | $475323.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Sezzle Inc.                                    | Sezzle, Inc.                                              | CUSIP: 78435P105<br>LEI: 9845000CA64541AE3I35 | Long             | EC               | CORP              | US        |      7900 | NS      | $499596.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                               | SPS Commerce, Inc.                                        | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |      4330 | NS      | $386495.80    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Sse PLC                                        | SSE plc                                                   | CUSIP: 78467K107<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |     14400 | NS      | $481824.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies, Inc.                         | SPX Technologies, Inc.                                    | CUSIP: 78473E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2700 | NS      | $562707.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                       | Saia, Inc.                                                | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      1840 | NS      | $616160.80    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMrush Holdings Inc.                          | SEMrush Holdings, Inc.                                    | CUSIP: 81686C104<br>LEI: 254900WQEX0OLGK16D27 | Long             | EC               | CORP              | US        |     32500 | NS      | $386425.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation                   | Stifel Financial Corporation                              | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |      4900 | NS      | $604170.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Stock Yards Bancorp Inc.                       | Stock Yards Bancorp, Inc.                                 | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |      8100 | NS      | $548289.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc                               | StoneX Group, Inc.                                        | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |      7200 | NS      | $808272.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc.                      | Super Micro Computer, Inc.                                | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |     11250 | NS      | $327487.50    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| TD Synnex Corp                                 | TD SYNNEX Corporation                                     | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |      2700 | NS      | $428409.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                            | Synchrony Financial                                       | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |      6000 | NS      | $435780.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| TDK Corp.                                      | TDK Corporation                                           | CUSIP: 872351408<br>LEI: 3538005O8WNU39U8NX03 | Long             | EC               | CORP              | JP        |     37500 | NS      | $480000.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                      | Teledyne Technologies, Inc.                               | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |       900 | NS      | $558270.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA Technologies Inc.                        | TETRA Technologies, Inc.                                  | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |     23850 | NS      | $271890.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation                 | Texas Pacific Land Corporation                            | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1440 | NS      | $501638.40    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc                     | Thermon Group Holdings, Inc.                              | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |      6300 | NS      | $285075.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Tootsie Roll Industries Inc.                   | Tootsie Roll Industries, Inc.                             | CUSIP: 890516107<br>LEI: 529900SBKOV9XX4M4Q35 | Long             | EC               | CORP              | US        |     10300 | NS      | $390164.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Topbuild Corporation                           | TopBuild Corporation                                      | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |      1300 | NS      | $608465.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc.                         | TransMedics Group, Inc.                                   | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |      3500 | NS      | $468912.50    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Transportadora de Gas del Sur S.A.             | Transportadora de Gas del Sur S.A.                        | CUSIP: 893870204<br>LEI: 5299002TRC7IFQYSW596 | Long             | EC               | CORP              | AR        |     10300 | NS      | $328467.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc.                        | Tyler Technologies, Inc.                                  | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |      1650 | NS      | $609510.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Lime & Minerals Inc.             | United States Lime & Minerals, Inc.                       | CUSIP: 911922102<br>LEI: 549300VGDEEG8RT7VC89 | Long             | EC               | CORP              | US        |      4125 | NS      | $497186.25    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                              | Veeva Systems, Inc.                                       | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      1650 | NS      | $336468.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Visteon Corporation                            | Visteon Corporation                                       | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |      2000 | NS      | $181720.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesco International, Inc.                      | WESCO International, Inc.                                 | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |      3600 | NS      | $1041948.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                       | Western Alliance Bancorp                                  | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |      3700 | NS      | $329855.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc.                                  | Woodward, Inc.                                            | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |      2750 | NS      | $874060.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Xometry Inc                                    | Xometry, Inc.                                             | CUSIP: 98423F109<br>LEI: 5493006JFRGU7YRRXE44 | Long             | EC               | CORP              | US        |     11050 | NS      | $631286.50    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Zeta Global Holdings Corp                      | Zeta Global Holdings Corporation                          | CUSIP: 98956A105<br>LEI: 2549008P9XSJQHGQ9S27 | Long             | EC               | CORP              | US        |     38350 | NS      | $712543.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corporation         | Zurn Elkay Water Solutions Corporation                    | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |      9750 | NS      | $449572.50    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Prysmian S.p.A.                                | Prysmian SpA                                              | CUSIP: T7630L105<br>LEI: 529900X0H1IO3RS1A464 | Long             | EC               | CORP              | IT        |     14400 | NS      | $1715871.89   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluidra SA                                     | Fluidra S.A.                                              | CUSIP: E52619108<br>LEI: 95980020140005026620 | Long             | EC               | CORP              | ES        |     15600 | NS      | $453750.89    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Accelerant Holdings                            | Accelerant Holdings                                       | CUSIP: G00894108<br>LEI: 529900G48AUHCKJ6EU64 | Long             | EC               | CORP              | KY        |     59300 | NS      | $810038.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd             | Credo Technology Group Holding Ltd.                       | CUSIP: G25457105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2500 | NS      | $313200.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DLocal Limited                                 | Dlocal Ltd./Uruguay                                       | CUSIP: G29018101<br>LEI: N/A                  | Long             | EC               | CORP              | UY        |     41500 | NS      | $558590.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                       | Fabrinet                                                  | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | TH        |      3800 | NS      | $1859872.00   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd                              | FTAI Aviation Ltd.                                        | CUSIP: G3730V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5800 | NS      | $1579456.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Genius Sports Ltd.                             | Genius Sports Ltd.                                        | CUSIP: G3934V109<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |     62700 | NS      | $545490.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Insurance Group Ltd.                  | Hamilton Insurance Group Ltd.                             | CUSIP: G42706104<br>LEI: 549300W92BN1FIEXG871 | Long             | EC               | CORP              | BM        |      9600 | NS      | $266400.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NVent Electric PLC                             | nVent Electric plc                                        | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |      2400 | NS      | $269424.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Patria Investments Limited                     | Patria Investments Ltd.                                   | CUSIP: G69451105<br>LEI: 254900MZMZN2NNVXYO82 | Long             | EC               | CORP              | KY        |     34000 | NS      | $496740.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Renaissancere Holdings Ltd.                    | RenaissanceRe Holdings Ltd.                               | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |      1450 | NS      | $408465.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Sportradar Group AG                            | Sportradar Group A.G.                                     | CUSIP: H8088L103<br>LEI: 549300H1P33YOAT7Z533 | Long             | EC               | CORP              | CH        |     28500 | NS      | $516135.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                            | Huntington Conservative Deposit Account                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    566925 | PA      | $566925.49    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Corporacion America Airports SA                | Corp America Airports S.A.                                | CUSIP: L1995B107<br>LEI: 959800AWF26KMY2SXF71 | Long             | EC               | CORP              | AR        |     13600 | NS      | $403104.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Camtek Limited                                 | Camtek Ltd.                                               | CUSIP: M20791105<br>LEI: 5493000H80W07HCKGS43 | Long             | EC               | CORP              | IL        |      7050 | NS      | $1033036.50   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyberark Software Ltd.                         | CyberArk Software Ltd.                                    | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |      3100 | NS      | $1335573.00   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd                                      | JFrog Ltd.                                                | CUSIP: M6191J100<br>LEI: 2549002N8E00AY49G567 | Long             | EC               | CORP              | US        |      2650 | NS      | $145220.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nova Ltd                                       | Nova Ltd.                                                 | CUSIP: M7516K103<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | IL        |      1980 | NS      | $906523.20    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| ASM International N.V.                         | ASM International SE                                      | CUSIP: N07045102<br>LEI: 7245001I22ND6ZFHX623 | Long             | EC               | CORP              | NL        |      1070 | NS      | $894830.30    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-31

**Name of Applicant:** American Pension Investors Trust

**Signature:** Dennis Stratton

**Name of Signer:** Dennis Stratton

**Title:** Chief Financial Officer & Treasurer