# EDGAR Filing Document

**Accession Number:** 0000357204
**File Stem:** 0001752724-23-041983
**Filing Date:** 2023-2
**Character Count:** 97021
**Document Hash:** 1929484a862b92a05e223c44c8c95770
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041983.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041983

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Segall Bryant & Hamill Trust
- **CENTRAL INDEX KEY:** 0000357204
- **IRS NUMBER:** 510263765
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03373
- **FILM NUMBER:** 23672250

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 303-623-2577

**MAIL ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE FUNDS INC
- **DATE OF NAME CHANGE:** 19860506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUNMONT WEST FUND INC
- **DATE OF NAME CHANGE:** 19820520

## Series and Classes Contracts Data

### Segall Bryant & Hamill International Small Cap Fund (Series ID: S000065431)

| Class ID   | Class Name                                                              | Ticker Symbol   |
|:---|:---|:---|
| C000211585 | Segall Bryant & Hamill International Small Cap Fund-Retail Class        | SBHSX           |
| C000211586 | Segall Bryant & Hamill International Small Cap Fund-Institutional Class | SBSIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Segall Bryant & Hamill Trust

- **b. Investment Company Act file number:** 811-03373

- **c. CIK number of Registrant:** 0000357204

- **d. LEI of Registrant:** 549300D12PXTPNG46V56

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** SBH INTERNATIONAL SMALL CAP FUND

- **b. EDGAR series identifier (if any):** S000065431

- **c. LEI of Series:** 549300U8NL86H7RMMP89

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $96360136.94

**Total Liabilities:** $129242.16

**Net Assets:** $96230894.78

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000211586 | 4.45%                | 13.00%               | -0.48%               |
| Class ID C000211585 | 4.45%                | 12.90%               | -0.41%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2121598.61             | $5641465.95                                |
| Month 2  | $-969771.42              | $11870538.51                               |
| Month 3  | $-1239381.02             | $528795.22                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| D/S Norden                                        | D/S Norden A/S                                     | CUSIP: K19911146<br>LEI: 529900RGXD3CBR3BRU63 | Long             | EC               | CORP              | DK        |     16487 | NS      | $993729.13    | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Sankyo Co Ltd                                     | SANKYO CO LTD                                      | CUSIP: J67844100<br>LEI: 3538009H2R9ZBZAOAK48 | Long             | EC               | CORP              | JP        |     21000 | NS      | $857842.36    | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Scandinavian Tobacco Group A/s                    | Scandinavian Tobacco Group A/S                     | CUSIP: K8553U105<br>LEI: 5299003KG4JS99TRML67 | Long             | EC               | CORP              | DK        |     34127 | NS      | $599926.76    | 0.62%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AGL Energy Ltd.                                   | AGL Energy Ltd.                                    | CUSIP: Q01630195<br>LEI: 549300QAZ8A74DEDXO80 | Long             | EC               | CORP              | AU        |     17718 | NS      | $96980.12     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Eagle Hospitality Trust                           | Eagle Hospitality Trust                            | CUSIP: Y2188L106<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |   1204600 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Nittetsu Mining Co                                | Nittetsu Mining Co., Ltd.                          | CUSIP: J58321100<br>LEI: 213800HBRWZK44PCU381 | Long             | EC               | CORP              | JP        |     10400 | NS      | $251606.55    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Itoham Yonekyu Holdings Inc                       | Itoham Yonekyu Holdings Inc. 28                    | CUSIP: J25898107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    103600 | NS      | $549655.33    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Renewi PLC                                        | Renewi plc                                         | CUSIP: G7492H113<br>LEI: 213800CNEIDZBL17KU22 | Long             | EC               | CORP              | GB        |     11351 | NS      | $82007.79     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Pacific Textiles H                                | Pacific Textiles Holdings Limited                  | CUSIP: G68612103<br>LEI: 5299009IC8ZP94KPH034 | Long             | EC               | CORP              | KY        |    225078 | NS      | $73739.42     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| OSB Group PLC                                     | OSB Group plc                                      | CUSIP: G6S36L101<br>LEI: 213800ZBKL9BHSL2K459 | Long             | EC               | CORP              | GB        |     61923 | NS      | $358016.33    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Stolt-Nielsen Ltd                                 | STOLT-NIELSEN LTD                                  | CUSIP: G85080102<br>LEI: 213800VZX4LWJSGRLR94 | Long             | EC               | CORP              | NO        |     16916 | NS      | $466026.40    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Elis SA                                           | Elis S.A.                                          | CUSIP: F2976F106<br>LEI: 969500UX71LCE8MAY492 | Long             | EC               | CORP              | FR        |      9686 | NS      | $143019.88    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Mixi Inc                                          | Mixi, Inc.                                         | CUSIP: J45993110<br>LEI: 529900IL3THMH0SFYQ49 | Long             | EC               | CORP              | JP        |     18600 | NS      | $346914.19    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Inchcape plc                                      | Inchcape PLC                                       | CUSIP: G47320208<br>LEI: 213800RGEH1MPPNM2T57 | Long             | EC               | CORP              | GB        |      4743 | NS      | $46825.83     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Yangzijiang Shipbuilding Holdings Ltd.            | Yangzijiang Shipbuildings Holdings Ltd.            | CUSIP: Y9728A102<br>LEI: 254900Z3JEM14YIGLM66 | Long             | EC               | CORP              | SG        |    624200 | NS      | $634065.84    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Rexel, S.A.                                       | Rexel S.A.                                         | CUSIP: F7782J366<br>LEI: 969500N6AVPA51648T62 | Long             | EC               | CORP              | FR        |     38480 | NS      | $761309.81    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco BPM S.p.A.                                  | Banco BPM S.p.A.                                   | CUSIP: T1708N101<br>LEI: 815600E4E6DCD2D25E30 | Long             | EC               | CORP              | IT        |     38280 | NS      | $136509.05    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Delek Automotive S                                | Delek Automotive Systems Ltd.                      | CUSIP: M2756V109<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     33084 | NS      | $387452.78    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Jaccs Co Ltd                                      | JACCS Co., Ltd.                                    | CUSIP: J26609107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17037 | NS      | $532994.49    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland N.V.                                | ASR Nederland NV                                   | CUSIP: N0709G103<br>LEI: 7245000G0HS48PZWUD53 | Long             | EC               | CORP              | NL        |     16438 | NS      | $781275.31    | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| H Lundbeck A S                                    | H Lundbeck A/S                                     | CUSIP: K4406L137<br>LEI: 5493006R4KC2OI5D3470 | Long             | EC               | CORP              | DK        |     66230 | NS      | $248050.75    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Halows Co Ltd                                     | Halows Company Ltd.                                | CUSIP: J1814W103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10200 | NS      | $224869.18    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Applus Services SA                                | Applus Services, S.A.                              | CUSIP: E0534T106<br>LEI: 213800M9XCA6NR98E873 | Long             | EC               | CORP              | ES        |      7125 | NS      | $49065.27     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui-Soko Holdings Co. Ltd.                     | Mitsui-Soko Holdings Co., Ltd.                     | CUSIP: J45314101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12500 | NS      | $339660.34    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Kloeckner & Co SE                                 | Kloeckner & Co SE                                  | CUSIP: D40376101<br>LEI: 529900CQ31CN6GV5LL52 | Long             | EC               | CORP              | DE        |      7688 | NS      | $75507.28     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Vitesco Technologies Group AG                     | Continental AG                                     | CUSIP: D8T4KW107<br>LEI: 529900CCDMZ7UCYYS252 | Long             | EC               | CORP              | DE        |      2082 | NS      | $120417.54    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Dm Sugar Holdings Co Ltd                   | Mitsui Sugar Co., Ltd.                             | CUSIP: J4517A105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     28618 | NS      | $435841.42    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilfinger SE                                      | Bilfinger SE                                       | CUSIP: D11648108<br>LEI: 529900H0HULEN2BZ4604 | Long             | EC               | CORP              | DE        |      4983 | NS      | $143595.74    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| S Foods Inc                                       | S FOODS INC                                        | CUSIP: J76616101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     19900 | NS      | $447920.49    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Coats Group PLC                                   | COATS GROUP PLC                                    | CUSIP: G22429115<br>LEI: 2138003SPYWGAITNFY17 | Long             | EC               | CORP              | GB        |    636141 | NS      | $510446.98    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Intershop Holding AG                              | Intershop Holding AG                               | CUSIP: H42507261<br>LEI: 506700CGX4K77JX3R725 | Long             | EC               | CORP              | CH        |       228 | NS      | $148564.64    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| OCI NV                                            | OCI NV                                             | CUSIP: N6667A111<br>LEI: 549300NCMRGIBJYUOE57 | Long             | EC               | CORP              | NL        |      3302 | NS      | $118090.94    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Television Francaise 1 SA                         | Television Francaise                               | CUSIP: F91255103<br>LEI: 969500WQFC6OAQYG7E65 | Long             | EC               | CORP              | FR        |     79730 | NS      | $612260.83    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Yangzijiang Financial Holding Ltd                 | Yangzijiang Financial Holding Pte Ltd.             | CUSIP: Y972TH104<br>LEI: 984500E58A4F80AFB647 | Long             | EC               | CORP              | SG        |    243200 | NS      | $64500.11     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Best World Intl                                   | Best World International Limited                   | CUSIP: Y08809132<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     38000 | NS      | $50500.22     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenedix Office Investement Corporation            | KENEDIX REALTY INVESTMENT CORPORATION              | CUSIP: J32922106<br>LEI: 353800FFT483NCIHFY42 | Long             | EC               | CORP              | JP        |       146 | NS      | $354528.78    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Idec Corporation                                  | Idec Corp                                          | CUSIP: J23274111<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     24200 | NS      | $533876.72    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Cosmo Energy Holdings Co Ltd.                     | Cosmo Energy Holdings Co., Ltd.                    | CUSIP: J08906109<br>LEI: 353800Y4GZ7KR5X7L150 | Long             | EC               | CORP              | JP        |     23800 | NS      | $629888.47    | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Bpost SA                                          | bpost SA                                           | CUSIP: B1306V108<br>LEI: 5493008AAX0BESN9WN06 | Long             | EC               | CORP              | BE        |     76431 | NS      | $393066.48    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Pacific Basin Shipping Limited                    | Pacific Basin Shipping Ltd                         | CUSIP: G68437139<br>LEI: 254900LNPK737X4Y3V26 | Long             | EC               | CORP              | BM        |   1433000 | NS      | $482748.23    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Stella International Holdings Limited             | Stella International Holdings Ltd.                 | CUSIP: G84698102<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |     70000 | NS      | $65914.47     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Betsson AB (publ)                                 | Betsson A.B.                                       | CUSIP: W1556U724<br>LEI: 549300W61XW8OFGBG077 | Long             | EC               | CORP              | SE        |    109724 | NS      | $891919.41    | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Pandox AB (publ)                                  | Pandox A.B.                                        | CUSIP: W70174102<br>LEI: 549300K4HA8EBLSL3B97 | Long             | EC               | CORP              | SE        |     42470 | NS      | $473906.55    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Tamron Co Ltd                                     | Tamron Co., Ltd.                                   | CUSIP: J81625105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     16499 | NS      | $371396.29    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamato Kogyo Co Ltd.                              | Yamato Kogyo Company Ltd.                          | CUSIP: J96524111<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     14300 | NS      | $486985.38    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Unipol Gruppo SpA                                 | Unipol Gruppo SpA                                  | CUSIP: T9532W106<br>LEI: 8156005CE5E7340CCA86 | Long             | EC               | CORP              | IT        |    157203 | NS      | $765624.90    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Kenedix Retail REIT Corporation                   | Kenedix Retail REIT Corporation                    | CUSIP: J3243R101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       438 | NS      | $846948.42    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Schaeffler AG                                     | Schaeffler AG                                      | CUSIP: D6T0B6130<br>LEI: 549300Q7E782X7GC1P43 | Long             | EP               | CORP              | DE        |     77163 | NS      | $521422.42    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Noritake Co Ltd                                   | Noritake Company Ltd./Nagoya Japan                 | CUSIP: J59052118<br>LEI: 529900EN4XJGJXV4A581 | Long             | EC               | CORP              | JP        |      7825 | NS      | $238004.38    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| ITV PLC                                           | ITV PLC                                            | CUSIP: G4984A110<br>LEI: ZLECI7ED2QMWFGYCXZ59 | Long             | EC               | CORP              | US        |     48938 | NS      | $44254.93     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Learning Technologies Group PLC                   | Learning Technologies Group plc                    | CUSIP: G5416A107<br>LEI: 21380039DW5LJ4FIC214 | Long             | EC               | CORP              | GB        |    304332 | NS      | $424553.48    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Yurtec Corporation                                | Yurtec Corp                                        | CUSIP: J85087104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7192 | NS      | $40002.42     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NCC AB                                            | NCC A.B.                                           | CUSIP: W5691F104<br>LEI: 213800WRGLW3CY4MHW53 | Long             | EC               | CORP              | SE        |      7893 | NS      | $73765.99     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Inwido AB                                         | Inwido AB                                          | CUSIP: W5R447107<br>LEI: 529900A9NKQW5UTHBG13 | Long             | EC               | CORP              | SE        |     18763 | NS      | $199676.27    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| MPC Container Ships ASA                           | MPC Container Ships A/S                            | CUSIP: R4S03Q110<br>LEI: 213800MXS7CXYJ2Q1805 | Long             | EC               | CORP              | NO        |    185145 | NS      | $305381.68    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Helia Group Ltd.                                  | Helia Group Ltd.                                   | CUSIP: Q3983N155<br>LEI: 529900RUQ2G0JXJOF423 | Long             | EC               | CORP              | AU        |    514342 | NS      | $959709.86    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Suisan Kaisha Ltd                            | Toyo Suisan Kaisha Ltd.                            | CUSIP: 892306101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7000 | NS      | $269638.64    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| NewRiver REIT PLC                                 | NewRiver REIT plc                                  | CUSIP: G64950101<br>LEI: 2138004GX1VAUMH66L31 | Long             | EC               | CORP              | GB        |    211652 | NS      | $199570.32    | 0.21%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Citizen Watch Co Ltd                              | Citizen Watch Co., Ltd.                            | CUSIP: J0793Q103<br>LEI: 529900DUZBKERKGQ2628 | Long             | EC               | CORP              | JP        |     94900 | NS      | $426024.17    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| NICHIAS Corporation                               | Nichias Corp                                       | CUSIP: J49205107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     18600 | NS      | $332311.73    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Genesis Energy Ltd.                               | Genesis Energy Limited                             | CUSIP: Q4008P118<br>LEI: 254900HM1ABRDJ7T5718 | Long             | EC               | CORP              | NZ        |    176376 | NS      | $288720.83    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Morinaga & Co., Ltd.                              | Morinaga & Co., Ltd. 20                            | CUSIP: J46367108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      9500 | NS      | $283403.21    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryman Healthcare Ltd.                             | RYMAN HEALTHCARE LTD                               | CUSIP: Q8203F106<br>LEI: 529900UR74KKRFG56I57 | Long             | EC               | CORP              | NZ        |     14276 | NS      | $48314.58     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Sodick Co Ltd                                     | Sodick Co., Ltd.                                   | CUSIP: J75949115<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     82800 | NS      | $443240.87    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| SThree PLC                                        | SThree plc                                         | CUSIP: G8499E103<br>LEI: 2138003NEBX5VRP3EX50 | Long             | EC               | CORP              | US        |     76849 | NS      | $374388.28    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Next Fifteen Communications Group Plc             | Next Fifteen Communications Group plc              | CUSIP: G6500G109<br>LEI: 213800BK9MBUZUUPMZ63 | Long             | EC               | CORP              | GB        |     43057 | NS      | $511759.01    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| SSAB Swedish Steel AB                             | SSAB AB                                            | CUSIP: W8615U108<br>LEI: 529900329VS14ZIML164 | Long             | EC               | CORP              | SE        |    110989 | NS      | $578220.90    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Tire Corp.                                   | TOYO TIRE & RUBBER CO., LTD.                       | CUSIP: J92805175<br>LEI: 529900Y41RD7VQM9RF75 | Long             | EC               | CORP              | JP        |     38200 | NS      | $429880.41    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Bellway PLC                                       | Bellway p.l.c.                                     | CUSIP: G09744155<br>LEI: 213800CY4L3HST4FGZ98 | Long             | EC               | CORP              | GB        |      7744 | NS      | $177079.79    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| RHI Magnesita N.V.                                | RHI Magnesita N.V.                                 | CUSIP: N7428R104<br>LEI: 724500UWG6A61XNA3Y36 | Long             | EC               | CORP              | NL        |      1827 | NS      | $49203.03     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Target Healthcare REIT PLC                        | Target Healthcare REIT plc                         | CUSIP: G8672Z105<br>LEI: 213800RXPY9WULUSBC04 | Long             | EC               | CORP              | GB        |    276848 | NS      | $268407.56    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Indra Sistemas S.A.                               | Indra Sistemas S.A.                                | CUSIP: E6271Z155<br>LEI: 95980020140005308793 | Long             | EC               | CORP              | ES        |     52851 | NS      | $602633.65    | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Knowit AB                                         | Knowit Aktiebolag (publ)                           | CUSIP: W51698103<br>LEI: 549300CM6KSG2GY3HV62 | Long             | EC               | CORP              | SE        |     13070 | NS      | $255395.18    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Idom Inc                                          | IDOM Inc.                                          | CUSIP: J17714106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     78800 | NS      | $394882.45    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuyo General Lease Co., Ltd.                      | Fuyo General Lease Co., Ltd. 28                    | CUSIP: J1755C108<br>LEI: 353800IE82QJT7UQJK58 | Long             | EC               | CORP              | JP        |      3600 | NS      | $234640.18    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Hosiden Corp                                      | Hosiden Corporation                                | CUSIP: J22470108<br>LEI: 353800IQGIGW1XT2JX97 | Long             | EC               | CORP              | JP        |     33100 | NS      | $395442.74    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Wallenius Wilhelmsen ASA                          | Wallenius Wilhelmsen ASA                           | CUSIP: R9820L103<br>LEI: 549300NBN0URT3RA3Y54 | Long             | EC               | CORP              | NO        |     60601 | NS      | $596865.37    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| TBC Bank Group PLC                                | TBC BANK GROUP PLC                                 | CUSIP: G8705J102<br>LEI: 213800T6NS9N2WQ3B328 | Long             | EC               | CORP              | GB        |     32713 | NS      | $897687.56    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Bam Groep NV                          | Koninklijke BAM Groep NV                           | CUSIP: N0157T177<br>LEI: 724500V38C5KTDY5BS93 | Long             | EC               | CORP              | NL        |    189519 | NS      | $441226.78    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Infroneer Holdings Inc                            | INFRONEER Holdings, Inc.                           | CUSIP: J2449Y100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     53000 | NS      | $402723.89    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Sindall Group PLC                          | Morgan Sindall Group plc                           | CUSIP: G81560107<br>LEI: 2138008339ULDGZRB345 | Long             | EC               | CORP              | GB        |     37001 | NS      | $687907.64    | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Motors Corp                            | Mitsubishi Motors Corporation                      | CUSIP: J44131167<br>LEI: 5299006ZTN6MO1N5BR16 | Long             | EC               | CORP              | JP        |    115400 | NS      | $438172.76    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Centrica PLC                                      | Centrica plc                                       | CUSIP: G2018Z143<br>LEI: E26EDV109X6EEPBKVH76 | Long             | EC               | CORP              | GB        |    123222 | NS      | $143305.12    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Greencore Group PLC                               | Greencore Group plc                                | CUSIP: G40866124<br>LEI: 635400GGBEWULJXM5868 | Long             | EC               | CORP              | IE        |    499039 | NS      | $386999.25    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| AEON REIT Investment Corporation                  | AEON REIT Investment Corporation.                  | CUSIP: J10006104<br>LEI: 353800P59F8MJB4FE788 | Long             | EC               | CORP              | JP        |       304 | NS      | $356720.31    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Galenica AG                                       | Galenica AG                                        | CUSIP: H85158113<br>LEI: 506700W4772BD8016Z20 | Long             | EC               | CORP              | CH        |     13616 | NS      | $1111006.05   | 1.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Austevoll Seafood ASA                             | Austevoll Seafood ASA                              | CUSIP: R0814U100<br>LEI: 5967007LIEEXZXFFDC03 | Long             | EC               | CORP              | NO        |     29755 | NS      | $268377.23    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Mori Trust Sogo Reit Inc                          | MORI TRUST SOGO REIT, INC.                         | CUSIP: J4664Q101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       143 | NS      | $159812.41    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Ituran                                            | Ituran Location and Control Ltd.                   | CUSIP: M6158M104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25623 | NS      | $541413.99    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Boiron SA                                         | Boiron SA                                          | CUSIP: F10626103<br>LEI: 9695000UMPNY21KKDO98 | Long             | EC               | CORP              | FR        |      5279 | NS      | $286588.82    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Incitec Pivot Ltd.                                | Incitec Pivot Ltd.                                 | CUSIP: Q4887E101<br>LEI: 254900UW2F3BKV6Z9V18 | Long             | EC               | CORP              | AU        |    444687 | NS      | $1131891.14   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| NRW Holdings Ltd                                  | NRW Holdings Limited                               | CUSIP: Q6951V109<br>LEI: 5493003S2MORCH0HEL95 | Long             | EC               | CORP              | AU        |    525244 | NS      | $1002445.46   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| AT & S Austria Technologie & Systemtechnik AG     | AT&S Austria Technologie & Sys                     | CUSIP: A05345110<br>LEI: 529900EVOKN4LCCD9321 | Long             | EC               | CORP              | AT        |     10929 | NS      | $374973.72    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| BPER Banca S.p.A.                                 | BPER Banca                                         | CUSIP: T1325T119<br>LEI: N747OI7JINV7RUUH6190 | Long             | EC               | CORP              | IT        |    168560 | NS      | $345683.91    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| NGK Spark Plug Co Ltd.                            | NGK SPARK PLUG CO., LTD.                           | CUSIP: J49119100<br>LEI: 549300RG3XQGTFM4HH31 | Long             | EC               | CORP              | JP        |     32900 | NS      | $602864.46    | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Origin Enterprises PLC                            | Origin Enterprises Public Limited Company          | CUSIP: G68097107<br>LEI: 213800AIB4U7N5BLS350 | Long             | EC               | CORP              | IE        |     40410 | NS      | $186494.38    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Phoenix Holdings Ltd.                             | The Phoenix Holdings Ltd. 25                       | CUSIP: M7918D145<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     47210 | NS      | $503400.26    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| First Pacific Co Ltd.                             | FIRST PACIFIC CO                                   | CUSIP: G34804107<br>LEI: 254900VS1MDQSDM9DE09 | Long             | EC               | CORP              | HK        |    384000 | NS      | $114378.83    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Hakuto Co Ltd                                     | Hakuto Co Ltd                                      | CUSIP: J18113100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12700 | NS      | $401423.96    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Oceania Healthcare Limited                        | Oceania Healthcare Limited                         | CUSIP: Q7056S108<br>LEI: N/A                  | Long             | EC               | CORP              | NZ        |    169236 | NS      | $81635.20     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Coltene Holding Ag                                | Coltene Holding A.G.                               | CUSIP: H1554J116<br>LEI: 894500KE52GRSIVJAP50 | Long             | EC               | CORP              | CH        |      1723 | NS      | $142000.89    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Codan Ltd.                                        | Codan Ltd.                                         | CUSIP: Q2595M100<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     24894 | NS      | $68916.11     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujikura Ltd                                      | Fujikura Ltd.                                      | CUSIP: J14784128<br>LEI: 353800PSDZ8VRCKVPL51 | Long             | EC               | CORP              | JP        |     46900 | NS      | $352492.19    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Regional REIT Ltd.                                | Regional REIT Limited                              | CUSIP: G7418M105<br>LEI: 549300D8G4NKLRIKBX73 | Long             | EC               | CORP              | GG        |    380573 | NS      | $271436.95    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Israel Corp                                       | Israel Corp Ltd/The                                | CUSIP: M8785N109<br>LEI: 213800VASRTF37M7LO42 | Long             | EC               | CORP              | IL        |       100 | NS      | $35100.02     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Tosei Corporation                                 | Tosei Corporation                                  | CUSIP: J8963D109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     43125 | NS      | $446174.42    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| BGEO Group Plc                                    | Bank of Georgia Group plc                          | CUSIP: G1226S107<br>LEI: 2138003B6YI9N5H99688 | Long             | EC               | CORP              | US        |     30973 | NS      | $968646.60    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Vesuvius PLC                                      | Vesuvius PLC                                       | CUSIP: G9339E105<br>LEI: 213800ORZ521W585SY02 | Long             | EC               | CORP              | GB        |    111871 | NS      | $546629.17    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Wereldhave NV                                     | WERELDHAVE N.V.                                    | CUSIP: N95060120<br>LEI: 724500YRQCY3BD9RJZ92 | Long             | EC               | CORP              | NL        |     31940 | NS      | $427783.07    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| BAWAG Group AG                                    | BAWAG Group AG                                     | CUSIP: A0997C107<br>LEI: 529900S9YO2JHTIIDG38 | Long             | EC               | CORP              | AT        |      3171 | NS      | $169035.38    | 0.18%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bezeq The Israeli Telecommunication Corp Ltd      | BEZEQ THE ISRAELI TELECOM                          | CUSIP: M2012Q100<br>LEI: 213800XCGZCFSWY9U863 | Long             | EC               | CORP              | IL        |    200635 | NS      | $344083.72    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Grange Resources                                  | Grange Resources Ltd.                              | CUSIP: Q4268H129<br>LEI: 529900NMGGZAKQ0JZU73 | Long             | EC               | CORP              | AU        |    822686 | NS      | $471833.86    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Harvey Norman Holdings Ltd.                       | Harvey Norman Holdings Limited                     | CUSIP: Q4525E117<br>LEI: 529900ONRWOF42PYKU59 | Long             | EC               | CORP              | AU        |    190674 | NS      | $534214.70    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| H.U. Group Holdings Inc                           | MIRACA HOLDINGS INC                                | CUSIP: J4352B101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     23700 | NS      | $517559.46    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Alliance Pharma plc                               | Alliance Pharma PLC                                | CUSIP: G0179G102<br>LEI: 213800RYIWZA4Q5WPZ13 | Long             | EC               | CORP              | GB        |    603032 | NS      | $386362.71    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunel Intl                                       | Brunel International N.V.                          | CUSIP: N1677J186<br>LEI: 724500Y5L5UIEYCJCZ03 | Long             | EC               | CORP              | NL        |     17164 | NS      | $176069.30    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Suedzucker AG                                     | Suedzucker AG                                      | CUSIP: D82781101<br>LEI: 529900S8QNB101D40S72 | Long             | EC               | CORP              | DE        |      3400 | NS      | $59357.60     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanto Denka Kogyo                                 | KANTO DENKA KOGYO Company, Ltd.                    | CUSIP: J30427108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     39100 | NS      | $272794.72    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Shokuhin Co Ltd                        | Mitsubishi Shokuhin Co., Ltd.                      | CUSIP: J4445N104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     19519 | NS      | $461837.48    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Mining & Smelting Co Ltd.                  | Mitsui Mining and Smelting Company, Limited        | CUSIP: J44948131<br>LEI: 35380021EYAHSQM25559 | Long             | EC               | CORP              | JP        |      5900 | NS      | $138066.34    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco de Sabadell SA                              | Banco de Sbadell SA                                | CUSIP: E15819191<br>LEI: SI5RG2M0WQQLZCXKRM20 | Long             | EC               | CORP              | ES        |    121485 | NS      | $114226.60    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Kobe Steel Ltd                                    | KOBE STEEL LTD                                     | CUSIP: J34555250<br>LEI: 549300ZDCYYUPHEE5K87 | Long             | EC               | CORP              | JP        |     83800 | NS      | $406375.75    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Signify NV                                        | Signify N.V.                                       | CUSIP: N8063K107<br>LEI: 549300072P3J1X8NZO35 | Long             | EC               | CORP              | NL        |      2505 | NS      | $84350.56     | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NEW Hope Corp                                     | New Hope Corporation Limited                       | CUSIP: Q66635105<br>LEI: 254900DHRUGXZSLSNZ83 | Long             | EC               | CORP              | AU        |    104630 | NS      | $449306.32    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Academedia Ab                                     | AcadeMedia AB                                      | CUSIP: W1202M266<br>LEI: 549300H47PGHY4JNKO68 | Long             | EC               | CORP              | SE        |     48101 | NS      | $205479.85    | 0.21%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PageGroup PLC                                     | Pagegroup plc                                      | CUSIP: G68668105<br>LEI: 213800JK5ZEQW4AB8G71 | Long             | EC               | CORP              | US        |     17709 | NS      | $98595.02     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Perseus Mining Ltd.                               | Perseus Mining, Ltd.                               | CUSIP: Q74174105<br>LEI: 54930054ZDGKBCW3SM26 | Long             | EC               | CORP              | AU        |     51984 | NS      | $74795.66     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Cembra Money Bank AG                              | Cembra Money Bank AG                               | CUSIP: H1329L107<br>LEI: 549300ZDHOETLAIVTE82 | Long             | EC               | CORP              | CH        |       638 | NS      | $52953.34     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Iren SpA                                          | Iren SpA                                           | CUSIP: T5551Y106<br>LEI: 8156001EBD33FD474E60 | Long             | EC               | CORP              | IT        |    347650 | NS      | $546151.86    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Retail Estates                                    | Retail Estates NV                                  | CUSIP: B7081U108<br>LEI: 5493007CO5W5OBFG7L21 | Long             | EC               | CORP              | BE        |      2120 | NS      | $140935.20    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Charter Hall Retai                                | Charter Hall Retail REIT                           | CUSIP: Q2308D108<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    185496 | NS      | $479044.90    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Implenia AG                                       | Implenia AG                                        | CUSIP: H41929102<br>LEI: 52990006TKCUQQJ79B11 | Long             | EC               | CORP              | CH        |     14193 | NS      | $585534.38    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Leonardo S.p.A.                                   | Leonardo-Finmeccanica SpA                          | CUSIP: T6S996112<br>LEI: 529900X4EEX1U9LN3U39 | Long             | EC               | CORP              | IT        |     66916 | NS      | $577312.04    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Strabag SE                                        | Strabag SE-BR                                      | CUSIP: A8363A118<br>LEI: 529900TYYSRJH2VJSP60 | Long             | EC               | CORP              | AU        |      8166 | NS      | $341889.50    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Rubis SCA                                         | Rubis SCA                                          | CUSIP: F7686C152<br>LEI: 969500MGFIKUGLTC9742 | Long             | EC               | CORP              | FR        |      9266 | NS      | $244068.45    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| NHK Spring Co Ltd                                 | NHK SPRING CO LTD                                  | CUSIP: J49162126<br>LEI: 35380033IJ3XRDV8VH57 | Long             | EC               | CORP              | JP        |     55980 | NS      | $355891.93    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Redde Northgate PLC                               | Redde Northgate Plc                                | CUSIP: G6644T140<br>LEI: 213800B3ZUTDOZYVJB41 | Long             | EC               | CORP              | GB        |    110559 | NS      | $550643.21    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TX Group AG                                       | TAMEDIA AG - REG                                   | CUSIP: H84391103<br>LEI: 506700302V28Y6O14985 | Long             | EC               | CORP              | CH        |       300 | NS      | $47942.03     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Saison Co Ltd                              | CREDIT SAISON CO LTD                               | CUSIP: J7007M109<br>LEI: 529900SV58ZWTGRH3A66 | Long             | EC               | CORP              | JP        |     20400 | NS      | $262991.92    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuraray Co Ltd                                    | Kuraray Company Ltd.                               | CUSIP: J37006137<br>LEI: 549300W9JPTOE739QZ31 | Long             | EC               | CORP              | JP        |     70400 | NS      | $563357.95    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Eiken Chemical Co., Ltd.                          | Eiken Chemical Company Ltd.                        | CUSIP: J12831103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     34700 | NS      | $448437.81    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Virgin Money Holdings (UK) plc                    | CYBG plc                                           | CUSIP: G93656109<br>LEI: 213800TAU9ZX2WZNCO64 | Long             | EC               | CORP              | US        |     62890 | NS      | $138294.90    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Golden Agri-Resources Ltd.                        | Golden Agri-Resources Ltd                          | CUSIP: V39076134<br>LEI: 529900GAK9LTNC3IFY40 | Long             | EC               | CORP              | MU        |   2175700 | NS      | $406052.16    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Telekom Austria Aktiengesellschaft                | TELEKOM AUSTRIA AG                                 | CUSIP: A8502A102<br>LEI: 529900KCNFQU5OJH7L33 | Long             | EC               | CORP              | AT        |     43321 | NS      | $267759.36    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Impact Healthcare REIT PLC                        | Impact Healthcare Reit plc                         | CUSIP: G4720P108<br>LEI: 213800AX3FHPMJL4IJ53 | Long             | EC               | CORP              | GB        |    243447 | NS      | $309010.12    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Eclipx Group Ltd.                                 | Eclipx Group Limited                               | CUSIP: Q3383Q105<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     34349 | NS      | $46985.17     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui O.S.K. Lines Ltd.                          | MITSUI OSK LINES LTD                               | CUSIP: J45013133<br>LEI: 353800P8O843TMAZ6S09 | Long             | EC               | CORP              | JP        |     15300 | NS      | $382252.84    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Daido Steel Co Ltd                                | Daido Steel Co. LTD                                | CUSIP: J08778110<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3700 | NS      | $120545.86    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Etablissements Maurel & Prom S.A.                 | Etablissements Maurel et Prom S.A.                 | CUSIP: F60858101<br>LEI: 969500ZTYI9C1C594X25 | Long             | EC               | CORP              | FR        |     11775 | NS      | $50887.79     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Tietoevry Oyj                                     | TietoEVRY Oyj                                      | CUSIP: Y8T39G104<br>LEI: 549300EW2KM4KROKQV31 | Long             | EC               | CORP              | FI        |     17142 | NS      | $487668.08    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Indivior PLC                                      | Indivior plc                                       | CUSIP: G4766E116<br>LEI: 213800V3NCQTY7IED471 | Long             | EC               | CORP              | GB        |     30791 | NS      | $689007.64    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Acerinox SA                                       | Acerinox S.A.                                      | CUSIP: E00460233<br>LEI: 95980020140005582721 | Long             | EC               | CORP              | ES        |     48371 | NS      | $478309.84    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Semapa Sociedade de Investimento e Gestao SGPS SA | Semapa-Sociedade de Investimento e Gestao          | CUSIP: X7936A113<br>LEI: 549300HNGOW85KIOH584 | Long             | EC               | CORP              | PT        |      2699 | NS      | $35819.90     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca IFIS S.p.A                                  | BANCA IFIS S.P.A                                   | CUSIP: T1131F154<br>LEI: 8156005420362AE59184 | Long             | EC               | CORP              | IT        |     23900 | NS      | $340624.26    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Retail Group Ltd.                           | SUPER RETAIL GROUP LTD                             | CUSIP: Q88009107<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     58411 | NS      | $423900.74    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Nexity SA                                         | Nexity SA                                          | CUSIP: F6527B126<br>LEI: 969500JJ71T2DIPDVV84 | Long             | EC               | CORP              | FR        |     21484 | NS      | $600277.13    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Transcosmos Inc                                   | Transcosmos Inc                                    | CUSIP: J9297T109<br>LEI: 353800AAR1GYRFDRTV97 | Long             | EC               | CORP              | JP        |     15700 | NS      | $385481.25    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Redrow PLC                                        | Redrow PLC                                         | CUSIP: G7455X147<br>LEI: 2138008WJZBBA7EYEL28 | Long             | EC               | CORP              | GB        |    122724 | NS      | $672468.84    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Coface SA                                         | Coface SA                                          | CUSIP: F22736106<br>LEI: 96950025N07LTJYFSN57 | Long             | EC               | CORP              | FR        |     10524 | NS      | $136676.75    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Whitehaven Coal Ltd.                              | Whitehaven Coal Ltd                                | CUSIP: Q97664108<br>LEI: 529900WCZ4I6ZO3RRP86 | Long             | EC               | CORP              | AU        |     91811 | NS      | $584863.69    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Compagnie des Alpes SA                            | Cie des Alpes                                      | CUSIP: F2005P158<br>LEI: 96950029IN3GW457GG90 | Long             | EC               | CORP              | FR        |     19473 | NS      | $299785.47    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Delek Automotive S                                | Isras Investment Company LTD                       | CUSIP: M2756V109<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      1721 | NS      | $328160.96    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Elmos Semiconductor Se                            | Elmos Semiconductor AG                             | CUSIP: D2462G107<br>LEI: 529900UMKKDCAP4P4H63 | Long             | EC               | CORP              | DE        |      9922 | NS      | $566946.78    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Ansell Ltd                                        | Ansell Limited                                     | CUSIP: Q04020105<br>LEI: 549300NEGJ5G23VCJM45 | Long             | EC               | CORP              | AU        |      2488 | NS      | $47784.54     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Danieli & C. Officine Meccaniche S.p.A.           | Danieli & C. Officine Meccaniche S.p.A.            | CUSIP: T73148107<br>LEI: 815600B4B8C6A353E566 | Long             | EP               | CORP              | IT        |     27381 | NS      | $420149.47    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Alps Alpine Co Ltd                                | Alps Electric Company Ltd.                         | CUSIP: J01176114<br>LEI: 529900PWNU4ASLY9VI90 | Long             | EC               | CORP              | JP        |     45200 | NS      | $408488.86    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| DAH Sing Financial                                | Dah Sing Financial Holdings Limited                | CUSIP: Y19182107<br>LEI: 529900J55QMXMR5KMH32 | Long             | EC               | CORP              | HK        |     45200 | NS      | $104392.55    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Oriola Oyj                                        | Oriola Oyj                                         | CUSIP: X60005117<br>LEI: 549300UWB1AIR85BM957 | Long             | EC               | CORP              | FI        |    115041 | NS      | $214339.16    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumitama Agri Ltd                                 | Bumitama Agri LTD                                  | CUSIP: Y0926Z106<br>LEI: 529900BOE6UQFFDNZR10 | Long             | EC               | CORP              | SG        |    144400 | NS      | $63677.56     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Medmix Ag                                         | Medmix A.G.                                        | CUSIP: H5316Q102<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |      2833 | NS      | $53861.33     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BML Inc                                           | BML Inc                                            | CUSIP: J0447V102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     18400 | NS      | $466700.80    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Seven West Media Ltd.                             | SEVEN WEST MEDIA LIMITED                           | CUSIP: Q8461Y102<br>LEI: 5299000SUVHQV28IMC77 | Long             | EC               | CORP              | AU        |    493108 | NS      | $132295.21    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Macnica Holdings Inc                              | Macnica Fuji Electronics Holdings, Inc.            | CUSIP: J3923S106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12700 | NS      | $300490.47    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Hansen Technologies Ltd.                          | Hansen Technologies Limited                        | CUSIP: Q4474Z103<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    100662 | NS      | $352112.23    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Kitz Corp                                         | Kitz Corp                                          | CUSIP: J34039115<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     50000 | NS      | $299238.30    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Nishi-Nippon Financial Holdings Incorporation     | Nishi-Nippon Financial Holdings, Inc.              | CUSIP: J56774102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     81300 | NS      | $594026.71    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| MFE-MediaForEurope NV                             | MFE-MediaForEurope N.V.                            | CUSIP: T6S17R115<br>LEI: N/A                  | Long             | EC               | CORP              | IT        |    201673 | NS      | $78160.33     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwa Co Ltd                                      | Hanwa Company Ltd.                                 | CUSIP: J18774166<br>LEI: 8EUP1TJYZFX3T1E5AJ33 | Long             | EC               | CORP              | JP        |     12200 | NS      | $344650.39    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Atea ASA                                          | ATEA ASA                                           | CUSIP: R0728G106<br>LEI: 5967007LIEEXZXINVS13 | Long             | EC               | CORP              | NO        |      5214 | NS      | $60835.95     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Bic (Societe Bic SA)                              | SOCIETE BIC SA                                     | CUSIP: F10080103<br>LEI: 969500UR00DF63I0VH67 | Long             | EC               | CORP              | FR        |      8375 | NS      | $573469.25    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Cromwell European Real Estate Invt Tr             | Cromwell European Real Estate Investment Trust     | CUSIP: Y1867K124<br>LEI: 21380093RFHTC319NL93 | Long             | EC               | CORP              | SG        |    137189 | NS      | $220468.41    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| PAN African Res                                   | Pan African Resources plc                          | CUSIP: G6882W102<br>LEI: 213800EAXURCXMX6RL85 | Long             | EC               | CORP              | GB        |   2213977 | NS      | $438387.36    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Ambea Ab (Publ)                                   | Ambea A.B.                                         | CUSIP: W0R88P139<br>LEI: 549300AEVNZRHYI5HV24 | Long             | EC               | CORP              | SE        |    100251 | NS      | $422430.40    | 0.44%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Gerresheimer AG                                   | GERRESHEIMER AG                                    | CUSIP: D2852S109<br>LEI: 5299006GD4UWSYZOKC28 | Long             | EC               | CORP              | DE        |      1914 | NS      | $128077.11    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Golden Ocean Group Ltd                            | Golden Ocean Group Ltd                             | CUSIP: G39637205<br>LEI: 549300HQH91CZG0OJL61 | Long             | EC               | CORP              | BM        |     64497 | NS      | $564130.86    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Ns United Kaiun Kaisha Ltd                        | NS United Kaiun Kaisha Ltd                         | CUSIP: J74100108<br>LEI: 353800MK2Y7X2PZGXN23 | Long             | EC               | CORP              | JP        |      7038 | NS      | $206905.21    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Kawasaki Kisen Kaisha Ltd.                        | Kawasaki Kisen Kaisha Ltd.                         | CUSIP: J31588148<br>LEI: 353800FL04R73DS5P870 | Long             | EC               | CORP              | JP        |     18300 | NS      | $387460.89    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Forestry Co Ltd                          | SUMITOMO FORESTRY CO                               | CUSIP: J77454122<br>LEI: 549300FIIRGO6D5FWR19 | Long             | EC               | CORP              | JP        |     38100 | NS      | $673241.82    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Loomis AB                                         | Loomis AB                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SE        |     15207 | NS      | $416877.34    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Takara Leben Real Estate Investment Corporation   | Takara Leben Real Estate Investment Trust          | CUSIP: J80746100<br>LEI: 353800B55299YP0HS329 | Long             | EC               | CORP              | JP        |       647 | NS      | $489330.14    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Sasseur Real Estate Investment Trust              | Sasseur Real Estate Investment Trust               | CUSIP: Y7541M105<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    345506 | NS      | $194753.53    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Gulf Keystone Petroleum Limited                   | Gulf Keystone Petroleum Limited                    | CUSIP: G4209G207<br>LEI: 213800QTAQOSSTNTPO15 | Long             | EC               | CORP              | BM        |    129753 | NS      | $316136.05    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| GrainCorp Ltd.                                    | GrainCorp Limited                                  | CUSIP: Q42655102<br>LEI: 529900XVBL825SSW9081 | Long             | EC               | CORP              | AU        |    148795 | NS      | $750079.45    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| UK Commercial Property REIT Ltd                   | UK Commercial Property REIT Ltd.                   | CUSIP: G91783103<br>LEI: 213800JN4FQ1A9G8EU25 | Long             | EC               | CORP              | GB        |    426170 | NS      | $300870.19    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Saras Raffinerie Sarde S.p.A.                     | SARAS SPA                                          | CUSIP: T83058106<br>LEI: 5299005KJSU2AQUJUH84 | Long             | EC               | CORP              | IT        |     54500 | NS      | $67023.62     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Micronics Japan Co                                | Micronics Japan Company, Ltd.                      | CUSIP: J4238M107<br>LEI: 353800FFW2OP7ZVXBO86 | Long             | EC               | CORP              | JP        |     26400 | NS      | $258581.47    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Leonteq Ag                                        | Leonteq A.G.                                       | CUSIP: H7249V109<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |     11174 | NS      | $526902.13    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Synlab AG                                         | Synlab A.G.                                        | CUSIP: D8T7KY106<br>LEI: 984500883BA5AQ14C037 | Long             | EC               | CORP              | DE        |     24866 | NS      | $300922.53    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| SmarTone Telecommunications Holdings Limited      | SmarTone Telecommunications Holdings Limited       | CUSIP: G8219Z105<br>LEI: 529900CT7EGMVQRYNQ45 | Long             | EC               | CORP              | BM        |    106000 | NS      | $63939.57     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Elkem ASA                                         | Elkem ASA                                          | CUSIP: R2R86R113<br>LEI: 549300CVBE06T0SH6T76 | Long             | EC               | CORP              | NO        |     89041 | NS      | $320501.56    | 0.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Guerbet                                           | Guerbet                                            | CUSIP: F46788109<br>LEI: 969500WV1U1WQ059L135 | Long             | EC               | CORP              | FR        |      4052 | NS      | $73631.25     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Blue Bird Corp.                                   | ZIM Integrated Shipping Services Ltd.              | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | IL        |      6900 | NS      | $118611.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutz AG                                          | DEUTZ AG                                           | CUSIP: D39176108<br>LEI: 5299005DETTV58V2PP63 | Long             | EC               | CORP              | DE        |     90456 | NS      | $389400.05    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaga Electronics Co                               | Kaga Electronics Co., Ltd.                         | CUSIP: J28922102<br>LEI: 3538005V2HARHWLTPJ42 | Long             | EC               | CORP              | JP        |     12300 | NS      | $379523.77    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Yokohama Rubber Co Ltd                            | YOKOHAMA RUBBER CO LTD                             | CUSIP: J97536171<br>LEI: 52990036XNWY2FMYWB76 | Long             | EC               | CORP              | JP        |     28100 | NS      | $434739.02    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Advanced Materials PLC                     | Morgan Advanced Materials PLC                      | CUSIP: G62496131<br>LEI: I4K14LL95N2PHDL7EG85 | Long             | EC               | CORP              | GB        |     12991 | NS      | $49390.37     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Centuria Office REIT                              | Centuria Office REIT                               | CUSIP: Q2227Z107<br>LEI: 984500D9D1RFE9AF4796 | Long             | EC               | CORP              | AU        |    363682 | NS      | $377882.16    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Premier Foods PLC                                 | Premier Foods PLC                                  | CUSIP: G7S17N124<br>LEI: 213800ZD5I8XHNMCJA67 | Long             | EC               | CORP              | GB        |     36303 | NS      | $47659.70     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Steel Mfg                                   | Tokyo Steel Manufacturing Co., Ltd.                | CUSIP: J88204110<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     43400 | NS      | $389945.83    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Computacenter PLC                                 | Computacenter PLC                                  | CUSIP: G23356150<br>LEI: 549300XSXUZ1I19DB105 | Long             | EC               | CORP              | GB        |     35081 | NS      | $814619.44    | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Carmila SAS                                       | CARMILA                                            | CUSIP: F1387K266<br>LEI: 222100P6D3QKU33LZQ72 | Long             | EC               | CORP              | FR        |     19070 | NS      | $272371.77    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Starzen Co Ltd                                    | Starzen Co Ltd                                     | CUSIP: J7670K109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4705 | NS      | $74069.27     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Econocom Group                                    | Econocom Group SE                                  | CUSIP: B33899178<br>LEI: 5493006G5O9JP185PU76 | Long             | EC               | CORP              | BE        |    167699 | NS      | $511712.70    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| OC Oerlikon Corp                                  | OC Oerlikon Corp AG                                | CUSIP: H59187106<br>LEI: 529900I8VLAZR2FJ0M10 | Long             | EC               | CORP              | CH        |     28168 | NS      | $184728.17    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Keller Group PLC                                  | Keller Group PLC                                   | CUSIP: G5222K109<br>LEI: 549300QO4MBL43UHSN10 | Long             | EC               | CORP              | GB        |     54533 | NS      | $527385.70    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Australian Clinical Labs Ltd.                     | Australian Clinical Labs Ltd.                      | CUSIP: Q0R979107<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    213176 | NS      | $433109.52    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| The Keiyo Bank, Ltd                               | Keiyo Bank Ltd. (The)                              | CUSIP: J05754106<br>LEI: 353800HBJ702X2J5OX58 | Long             | EC               | CORP              | JP        |    129900 | NS      | $577521.30    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| 77th Bank Ltd                                     | THE 77 BANK, LTD.                                  | CUSIP: J71348106<br>LEI: 549300U6CT3EHB9XS980 | Long             | EC               | CORP              | JP        |     14878 | NS      | $249333.36    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Cosmo Pharmaceuticals N.V.                        | COSMO Pharmaceuticals N.V.                         | CUSIP: N22785104<br>LEI: 724500OX0EBQRYTVV639 | Long             | EC               | CORP              | IE        |      2323 | NS      | $153762.86    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Iluka Resources Ltd.                              | ILUKA RESOURCES LTD                                | CUSIP: Q4875J104<br>LEI: 2549009N2Y1F4YNB0955 | Long             | EC               | CORP              | AU        |     53097 | NS      | $341512.17    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| U-Blox Holding Ag                                 | u-blox Holding AG                                  | CUSIP: H89210100<br>LEI: 506700B2W2NUXS9X8479 | Long             | EC               | CORP              | CH        |      7169 | NS      | $855826.51    | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippo Soda Co Ltd                                 | Nippon Soda Company LTD                            | CUSIP: J55870109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      9600 | NS      | $313928.55    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Axial Retailing Inc                               | Axial Retailing Inc                                | CUSIP: J18795104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12256 | NS      | $315573.29    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Sydbank AS                                        | Sydbank A/S                                        | CUSIP: K9419V113<br>LEI: GP5DT10VX1QRQUKVBK64 | Long             | EC               | CORP              | DK        |     19698 | NS      | $828743.44    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Austal Ltd.                                       | AUSTAL LIMITED                                     | CUSIP: Q07106109<br>LEI: 254900DJEFGICBICBU73 | Long             | EC               | CORP              | AU        |     28833 | NS      | $40833.80     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| K & S AG                                          | K+S AG-REG                                         | CUSIP: D48164129<br>LEI: 529900YURAYD4IJX2J91 | Long             | EC               | CORP              | DE        |     37467 | NS      | $738847.76    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Keppel Pacific Oak Us REIT                        | Keppel Pacific Oak US REIT                         | CUSIP: Y4724Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    441988 | NS      | $203442.21    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanyo Denki Co                                    | Sanyo Denki Co., Ltd.                              | CUSIP: J68768100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7400 | NS      | $320866.50    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Gestamp Automocion S A                            | Gestamp Automocion, S.A.,                          | CUSIP: E5R71W108<br>LEI: 95980020140005484363 | Long             | EC               | CORP              | ES        |    139472 | NS      | $538686.29    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Noritsu Koki Co                                   | Noritsu Koki Co., Ltd.                             | CUSIP: J59117101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     18000 | NS      | $323681.81    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| SKY Perfect JSAT Holdings Inc.                    | SKY Perfect JSAT Holdings Inc                      | CUSIP: J75606103<br>LEI: 5299009SAF34W9TVEF26 | Long             | EC               | CORP              | JP        |     47800 | NS      | $175636.52    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Resurs Holding Ab                                 | Resurs Holding AB                                  | CUSIP: W7552F108<br>LEI: 5493006KHWZ6OVF3IO54 | Long             | EC               | CORP              | SE        |    243662 | NS      | $582604.71    | 0.61%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Electric Power Development Co Ltd.                | ELECTRIC POWER DEVELOPMENT                         | CUSIP: J12915104<br>LEI: 549300KMHPUAQI8VEH90 | Long             | EC               | CORP              | JP        |     52200 | NS      | $828900.39    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Balfour Beatty PLC                                | BALFOUR BEATTY PLC                                 | CUSIP: G3224V108<br>LEI: CT4UIJ3TUKGYYHMENQ17 | Long             | EC               | CORP              | GB        |     33932 | NS      | $138481.21    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fletcher Building Ltd.                            | FLETCHER BUILDING LTD                              | CUSIP: Q3915B105<br>LEI: 549300UPHQTT2LG75045 | Long             | EC               | CORP              | NZ        |    173379 | NS      | $519173.33    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Outokumpu Oyj                                     | Outokumpu OYJ                                      | CUSIP: X61161273<br>LEI: 5493009YRUJJDCFF0R80 | Long             | EC               | CORP              | FI        |     64248 | NS      | $326174.14    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Star Micronics Co. Ltd.                           | Star Micronics Co Ltd                              | CUSIP: J76680107<br>LEI: 353800YVVMLCGEV0Q544 | Long             | EC               | CORP              | JP        |     56100 | NS      | $687012.84    | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldcrest Co Ltd                                  | GOLDCREST Co.,Ltd.                                 | CUSIP: J17451105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     42430 | NS      | $541317.76    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| United Laboratories International Holdings Ltd    | The United Laboratories International Holdings Ltd | CUSIP: G8813K108<br>LEI: 2549007JL3XIH77JXN70 | Long             | EC               | CORP              | KY        |    212000 | NS      | $132345.89    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Hi-Fi                                          | JB HI-FI LIMITED                                   | CUSIP: Q5029L101<br>LEI: 529900TPC8H040Y3ZQ65 | Long             | EC               | CORP              | AU        |     11623 | NS      | $331242.39    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Salzgitter AG                                     | Salzgitter AG                                      | CUSIP: D80900109<br>LEI: 529900E12Z6HXIMHFA15 | Long             | EC               | CORP              | DE        |     12706 | NS      | $386133.49    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| CropEnergies AG                                   | CropEnergies AG                                    | CUSIP: D16327104<br>LEI: 529900FXN57YQ7H5S098 | Long             | EC               | CORP              | DE        |     25903 | NS      | $360560.05    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| OIL Refineries Ltd                                | Oil Refineries Ltd                                 | CUSIP: M7521B106<br>LEI: 213800CWUC7NV7VR3D03 | Long             | EC               | CORP              | IL        |    573467 | NS      | $200962.00    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Cleanup Corp                                      | Cleanup Corp                                       | CUSIP: J08106106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     15900 | NS      | $77644.11     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Norstar Holdings Inc                              | Norstar Holdings Inc                               | CUSIP: P7311Y107<br>LEI: N/A                  | Long             | EC               | CORP              | PA        |      8428 | NS      | $29752.66     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Millicom International Cellular SA                | MILLICOM INTERNATIONAL CELLULAR S.A.               | CUSIP: L6388F128<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | SE        |     19389 | NS      | $245682.15    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Airtel Africa PLC                                 | Airtel Africa PLC                                  | CUSIP: G01415101<br>LEI: 254900ZNZDQL6OWQH623 | Long             | EC               | CORP              | GB        |    403957 | NS      | $544294.96    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Vilmorin & Cie SA                                 | Vilmorin & Cie                                     | CUSIP: F9768K102<br>LEI: 969500TQ4OAZZXSUPZ18 | Long             | EC               | CORP              | FR        |      1134 | NS      | $55441.36     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| K. Wah International Holdings Ltd.                | KIWAH INTL HOLDINGS                                | CUSIP: G5321P116<br>LEI: 529900ZOP51K5LHLPK04 | Long             | EC               | CORP              | BM        |    375194 | NS      | $130246.69    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Prime US REIT                                     | Prime US REIT                                      | CUSIP: Y475LA101<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    788100 | NS      | $319273.50    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| ORIX JREIT Inc.                                   | ORIX JREIT, INC.                                   | CUSIP: J8996L102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       449 | NS      | $636873.14    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Coronado Global Resources Inc                     | Coronado Global Resources Inc.                     | CUSIP: U2024H107<br>LEI: 549300IGUM6F25CYHK79 | Long             | EC               | CORP              | US        |    537937 | NS      | $727245.48    | 0.76%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Vistry Group PLC                                  | Vistry Group plc                                   | CUSIP: G9424B107<br>LEI: 2138001KOWN7CG9SLK53 | Long             | EC               | CORP              | GB        |    101471 | NS      | $764224.12    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Hafnia Limited                                    | Hafnia Ltd.                                        | CUSIP: G4233B109<br>LEI: N/A                  | Long             | EC               | CORP              | NO        |     42973 | NS      | $221013.88    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Porr AG                                           | Porr AG                                            | CUSIP: A63700115<br>LEI: 529900ARBU9SBJFNX419 | Long             | EC               | CORP              | AT        |     16866 | NS      | $212382.65    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| TP ICAP Group PLC                                 | TP ICAP Group plc                                  | CUSIP: G8963N100<br>LEI: 2138006YAA7IRVKKGE63 | Long             | EC               | CORP              | GB        |     22863 | NS      | $48228.94     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sagax AB                                          | AB Sagax                                           | CUSIP: W7519A226<br>LEI: 549300LJX28T6OM8DT95 | Long             | EC               | CORP              | SE        |    190075 | NS      | $487433.36    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Sojitz Corp.                                      | Sojitz Corp                                        | CUSIP: J7608R119<br>LEI: 5493004SE33MRLPB1W98 | Long             | EC               | CORP              | JP        |     50800 | NS      | $967768.75    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kissei Pharmaceutical Co Ltd                      | Kissei Pharmaceutical Company Ltd.                 | CUSIP: J33652108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5882 | NS      | $114908.75    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Drax Group PLC                                    | Drax Group plc                                     | CUSIP: G2904K127<br>LEI: 549300YPSNTXR4ZHSR98 | Long             | EC               | CORP              | GB        |     91276 | NS      | $774190.34    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| AGRANA Beteiligungs- AG                           | AGRANA Beteiligungs-Aktiengesellschaft             | CUSIP: A0091P145<br>LEI: 5299006C0EVA5LAYOR30 | Long             | EC               | CORP              | AT        |       534 | NS      | $8548.35      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosegur Cash SA                                  | Prosegur Cash, S.A. 19                             | CUSIP: E8S56X108<br>LEI: 9598005HY5DEFPU2SM35 | Long             | EC               | CORP              | ES        |    118876 | NS      | $76119.34     | 0.08%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Texhong Textile Group Ltd.                        | Texhong Textile Group Ltd                          | CUSIP: G87655117<br>LEI: 213800M1HN85ACHDBK34 | Long             | EC               | CORP              | HK        |    638000 | NS      | $508974.68    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftwareONE Holding AG                            | Softwareone Holding AG                             | CUSIP: H5682F102<br>LEI: 529900GBI88JKWXLGI05 | Long             | EC               | CORP              | CH        |      7979 | NS      | $113256.41    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Makino Milling Machine Co Ltd                     | Makino Milling Machine Co Ltd                      | CUSIP: J39530100<br>LEI: 353800JAOIGQ7V5T9078 | Long             | EC               | CORP              | JP        |      4100 | NS      | $133927.00    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Delek Group Ltd.                                  | DELEK GROUP LTD                                    | CUSIP: M27635107<br>LEI: 213800CYKA4XE2HZZB09 | Long             | EC               | CORP              | IL        |      1082 | NS      | $118521.61    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-23

**Name of Applicant:** SBH International Small Cap Fund

**Signature:** Jennifer L. Leamer

**Name of Signer:** Jennifer L. Leamer

**Title:** Assistant Treasurer