# EDGAR Filing Document

**Accession Number:** 0001668527
**File Stem:** 0001214659-25-012224
**Filing Date:** 2025-8
**Character Count:** 45676
**Document Hash:** 1c73d6d8a15a93ded979eef610debbd6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001214659-25-012224.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001214659-25-012224

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Numerai GP LLC
- **CENTRAL INDEX KEY:** 0001668527

**ORGANIZATION NAME:**
- **EIN:** 475260851
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23052
- **FILM NUMBER:** 251218333

**BUSINESS ADDRESS:**
- **STREET 1:** 10 FUNSTON AVENUE
- **STREET 2:** MAIN POST
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94129
- **BUSINESS PHONE:** 415-737-0873

**MAIL ADDRESS:**
- **STREET 1:** 10 FUNSTON AVENUE
- **STREET 2:** MAIN POST
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94129

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Numerai, LLC
- **DATE OF NAME CHANGE:** 20160303

### FORM 13F COVER PAGE

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

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Numerai GP LLC<br>**Address:** 10 FUNSTON AVENUE<br>MAIN POST<br>SAN FRANCISCO, CA 94129

**Form 13F File Number:** 028-23052

**CRD Number (if applicable):** 000282851

**SEC File Number (if applicable):** 80-1123025

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

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

**Name:** Chris Williams<br>**Title:** Controller<br>**Phone:** 631-807-6974

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

/s/ Chris Williams  San Francisco, CA  08-14-2025<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 438

**Form 13F Information Table Value Total:** $694101452

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 10X GENOMICS INC | CL A COM | 88025U109 |  | 2835444 | 244857 | SH |  | SOLE |  | 244857 | 0 | 0 |
| 1ST SOURCE CORP | COM | 336901103 |  | 733047 | 11810 | SH |  | SOLE |  | 11810 | 0 | 0 |
| ABERCROMBIE  FITCH CO | CL A | 002896207 |  | 1637116 | 19760 | SH |  | SOLE |  | 19760 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 2089540 | 6991 | SH |  | SOLE |  | 6991 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 1973475 | 5101 | SH |  | SOLE |  | 5101 | 0 | 0 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 882473 | 18982 | SH |  | SOLE |  | 18982 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 268749 | 2297 | SH |  | SOLE |  | 2297 | 0 | 0 |
| AEVA TECHNOLOGIES INC | COM NEW | 00835Q202 |  | 794686 | 21029 | SH |  | SOLE |  | 21029 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 4853796 | 46025 | SH |  | SOLE |  | 46025 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 7242982 | 61376 | SH |  | SOLE |  | 61376 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 758441 | 5731 | SH |  | SOLE |  | 5731 | 0 | 0 |
| ALAMO GROUP INC | COM | 011311107 |  | 1486076 | 6805 | SH |  | SOLE |  | 6805 | 0 | 0 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 255818 | 11893 | SH |  | SOLE |  | 11893 | 0 | 0 |
| ALLEGIANT TRAVEL CO | COM | 01748X102 |  | 1565471 | 28489 | SH |  | SOLE |  | 28489 | 0 | 0 |
| ALPHA  OMEGA SEMICONDUCTOR | SHS | G6331P104 |  | 1673109 | 65203 | SH |  | SOLE |  | 65203 | 0 | 0 |
| ALPHATEC HLDGS INC | COM NEW | 02081G201 |  | 347941 | 31346 | SH |  | SOLE |  | 31346 | 0 | 0 |
| AMER SPORTS INC | COM SHS | G0260P102 |  | 1248731 | 32217 | SH |  | SOLE |  | 32217 | 0 | 0 |
| AMERANT BANCORP INC | CL A | 023576101 |  | 555450 | 30469 | SH |  | SOLE |  | 30469 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 416767 | 37145 | SH |  | SOLE |  | 37145 | 0 | 0 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 2413640 | 19124 | SH |  | SOLE |  | 19124 | 0 | 0 |
| AMERICAN WOODMARK CORPORATIO | COM | 030506109 |  | 3207110 | 60092 | SH |  | SOLE |  | 60092 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 1471567 | 8132 | SH |  | SOLE |  | 8132 | 0 | 0 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 261850 | 12475 | SH |  | SOLE |  | 12475 | 0 | 0 |
| AMN HEALTHCARE SVCS INC | COM | 001744101 |  | 1826670 | 88373 | SH |  | SOLE |  | 88373 | 0 | 0 |
| AMNEAL PHARMACEUTICALS INC | COM STK CL A | 03168L105 |  | 2644419 | 326875 | SH |  | SOLE |  | 326875 | 0 | 0 |
| ANYWHERE REAL ESTATE INC | COM | 75605Y106 |  | 62499 | 17265 | SH |  | SOLE |  | 17265 | 0 | 0 |
| APOGEE ENTERPRISES INC | COM | 037598109 |  | 7159079 | 176332 | SH |  | SOLE |  | 176332 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 4298000 | 18490 | SH |  | SOLE |  | 18490 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 2732291 | 26706 | SH |  | SOLE |  | 26706 | 0 | 0 |
| ASGN INC | COM | 00191U102 |  | 1953911 | 39133 | SH |  | SOLE |  | 39133 | 0 | 0 |
| ASHLAND INC | COM | 044186104 |  | 4256051 | 84647 | SH |  | SOLE |  | 84647 | 0 | 0 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 |  | 603705 | 12919 | SH |  | SOLE |  | 12919 | 0 | 0 |
| ASTERA LABS INC | COM | 04626A103 |  | 471992 | 5220 | SH |  | SOLE |  | 5220 | 0 | 0 |
| ASTRONICS CORP | COM | 046433108 |  | 860670 | 25707 | SH |  | SOLE |  | 25707 | 0 | 0 |
| ATI INC | COM | 01741R102 |  | 656961 | 7609 | SH |  | SOLE |  | 7609 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 310118 | 1527 | SH |  | SOLE |  | 1527 | 0 | 0 |
| ATOUR LIFESTYLE HLDGS LTD | SPONSORED ADS | 04965M106 |  | 1578913 | 48567 | SH |  | SOLE |  | 48567 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 761852 | 2461 | SH |  | SOLE |  | 2461 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 501151 | 135 | SH |  | SOLE |  | 135 | 0 | 0 |
| AVEPOINT INC | COM CL A | 053604104 |  | 5162335 | 267340 | SH |  | SOLE |  | 267340 | 0 | 0 |
| AXCELIS TECHNOLOGIES INC | COM NEW | 054540208 |  | 731048 | 10490 | SH |  | SOLE |  | 10490 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 2149332 | 2596 | SH |  | SOLE |  | 2596 | 0 | 0 |
| AXOS FINANCIAL INC | COM | 05465C100 |  | 388793 | 5113 | SH |  | SOLE |  | 5113 | 0 | 0 |
| AZENTA INC | COM | 114340102 |  | 989423 | 32145 | SH |  | SOLE |  | 32145 | 0 | 0 |
| B2GOLD CORP | COM | 11777Q209 |  | 358484 | 99303 | SH |  | SOLE |  | 99303 | 0 | 0 |
| BACKBLAZE INC | COM CL A | 05637B105 |  | 201377 | 36614 | SH |  | SOLE |  | 36614 | 0 | 0 |
| BADGER METER INC | COM | 056525108 |  | 979065 | 3997 | SH |  | SOLE |  | 3997 | 0 | 0 |
| BALCHEM CORP | COM | 057665200 |  | 2290410 | 14387 | SH |  | SOLE |  | 14387 | 0 | 0 |
| BANC OF CALIFORNIA INC | COM | 05990K106 |  | 1501257 | 106851 | SH |  | SOLE |  | 106851 | 0 | 0 |
| BANCORP INC DEL | COM | 05969A105 |  | 366431 | 6432 | SH |  | SOLE |  | 6432 | 0 | 0 |
| BANDWIDTH INC | COM CL A | 05988J103 |  | 200197 | 12591 | SH |  | SOLE |  | 12591 | 0 | 0 |
| BANK MARIN BANCORP | COM | 063425102 |  | 587650 | 25729 | SH |  | SOLE |  | 25729 | 0 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 329354 | 5959 | SH |  | SOLE |  | 5959 | 0 | 0 |
| BAYTEX ENERGY CORP | COM | 07317Q105 |  | 753153 | 420756 | SH |  | SOLE |  | 420756 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 207389 | 1204 | SH |  | SOLE |  | 1204 | 0 | 0 |
| BEL FUSE INC | CL B | 077347300 |  | 378842 | 3878 | SH |  | SOLE |  | 3878 | 0 | 0 |
| BERRY CORP | COM | 08579X101 |  | 789829 | 285137 | SH |  | SOLE |  | 285137 | 0 | 0 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 5732147 | 111412 | SH |  | SOLE |  | 111412 | 0 | 0 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 |  | 325754 | 3021 | SH |  | SOLE |  | 3021 | 0 | 0 |
| BLACKSKY TECHNOLOGY INC | CL A NEW | 09263B207 |  | 429752 | 20882 | SH |  | SOLE |  | 20882 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 975266 | 40772 | SH |  | SOLE |  | 40772 | 0 | 0 |
| BOISE CASCADE CO DEL | COM | 09739D100 |  | 3657900 | 42132 | SH |  | SOLE |  | 42132 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 3053612 | 29325 | SH |  | SOLE |  | 29325 | 0 | 0 |
| BOSTON BEER INC | CL A | 100557107 |  | 605249 | 3172 | SH |  | SOLE |  | 3172 | 0 | 0 |
| BOX INC | CL A | 10316T104 |  | 4623304 | 135303 | SH |  | SOLE |  | 135303 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 7247155 | 29820 | SH |  | SOLE |  | 29820 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 3373885 | 30431 | SH |  | SOLE |  | 30431 | 0 | 0 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 1240982 | 46116 | SH |  | SOLE |  | 46116 | 0 | 0 |
| BRUKER CORP | COM | 116794108 |  | 555788 | 13490 | SH |  | SOLE |  | 13490 | 0 | 0 |
| BUCKLE INC | COM | 118440106 |  | 7990987 | 176207 | SH |  | SOLE |  | 176207 | 0 | 0 |
| BW LPG LTD | COM | Y10230103 |  | 243343 | 20570 | SH |  | SOLE |  | 20570 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 761747 | 2472 | SH |  | SOLE |  | 2472 | 0 | 0 |
| CALEDONIA MNG CORP PLC | SHS NEW | G1757E113 |  | 358367 | 18549 | SH |  | SOLE |  | 18549 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 1988654 | 43544 | SH |  | SOLE |  | 43544 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 612472 | 8251 | SH |  | SOLE |  | 8251 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 1196811 | 38115 | SH |  | SOLE |  | 38115 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 1268560 | 12193 | SH |  | SOLE |  | 12193 | 0 | 0 |
| CANNAE HLDGS INC | COM | 13765N107 |  | 229871 | 11025 | SH |  | SOLE |  | 11025 | 0 | 0 |
| CAPRI HOLDINGS LIMITED | SHS | G1890L107 |  | 253287 | 14310 | SH |  | SOLE |  | 14310 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 353189 | 5255 | SH |  | SOLE |  | 5255 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 945282 | 33616 | SH |  | SOLE |  | 33616 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 2766105 | 8209 | SH |  | SOLE |  | 8209 | 0 | 0 |
| CASELLA WASTE SYS INC | CL A | 147448104 |  | 765892 | 6638 | SH |  | SOLE |  | 6638 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 698149 | 12862 | SH |  | SOLE |  | 12862 | 0 | 0 |
| CENTURI HOLDINGS INC | COM SHS | 155923105 |  | 237572 | 10587 | SH |  | SOLE |  | 10587 | 0 | 0 |
| CENTURY ALUM CO | COM | 156431108 |  | 387880 | 21525 | SH |  | SOLE |  | 21525 | 0 | 0 |
| CENTURY CMNTYS INC | COM | 156504300 |  | 364165 | 6466 | SH |  | SOLE |  | 6466 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 7130327 | 68018 | SH |  | SOLE |  | 68018 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 1183096 | 2894 | SH |  | SOLE |  | 2894 | 0 | 0 |
| CHEFS WHSE INC | COM | 163086101 |  | 561719 | 8803 | SH |  | SOLE |  | 8803 | 0 | 0 |
| CHEMED CORP NEW | COM | 16359R103 |  | 588211 | 1208 | SH |  | SOLE |  | 1208 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 436116 | 4503 | SH |  | SOLE |  | 4503 | 0 | 0 |
| CINEMARK HLDGS INC | COM | 17243V102 |  | 3176656 | 105257 | SH |  | SOLE |  | 105257 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 455410 | 6564 | SH |  | SOLE |  | 6564 | 0 | 0 |
| CLEARWATER PAPER CORP | COM | 18538R103 |  | 1090771 | 40043 | SH |  | SOLE |  | 40043 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 3528857 | 18020 | SH |  | SOLE |  | 18020 | 0 | 0 |
| COCA COLA CONS INC | COM | 191098102 |  | 6468108 | 57932 | SH |  | SOLE |  | 57932 | 0 | 0 |
| COGNEX CORP | COM | 192422103 |  | 692574 | 21834 | SH |  | SOLE |  | 21834 | 0 | 0 |
| COHEN  STEERS INC | COM | 19247A100 |  | 695028 | 9224 | SH |  | SOLE |  | 9224 | 0 | 0 |
| COHU INC | COM | 192576106 |  | 1207560 | 62763 | SH |  | SOLE |  | 62763 | 0 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 801646 | 6141 | SH |  | SOLE |  | 6141 | 0 | 0 |
| COLUMBUS MCKINNON CORP N Y | COM | 199333105 |  | 211825 | 13872 | SH |  | SOLE |  | 13872 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1732607 | 48546 | SH |  | SOLE |  | 48546 | 0 | 0 |
| COMPASS DIVERSIFIED | SH BEN INT | 20451Q104 |  | 1017944 | 162093 | SH |  | SOLE |  | 162093 | 0 | 0 |
| COMPASS MINERALS INTL INC | COM | 20451N101 |  | 1238227 | 61634 | SH |  | SOLE |  | 61634 | 0 | 0 |
| COMPOSECURE INC | COM CL A | 20459V105 |  | 596303 | 42321 | SH |  | SOLE |  | 42321 | 0 | 0 |
| COMSTOCK RES INC | COM | 205768302 |  | 3707531 | 133991 | SH |  | SOLE |  | 133991 | 0 | 0 |
| CONSTRUCTION PARTNERS INC | COM CL A | 21044C107 |  | 2269822 | 21357 | SH |  | SOLE |  | 21357 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 3299908 | 67249 | SH |  | SOLE |  | 67249 | 0 | 0 |
| CORSAIR GAMING INC | COM | 22041X102 |  | 836498 | 88706 | SH |  | SOLE |  | 88706 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 5996067 | 6057 | SH |  | SOLE |  | 6057 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 1120144 | 37388 | SH |  | SOLE |  | 37388 | 0 | 0 |
| COURSERA INC | COM | 22266M104 |  | 101721 | 11612 | SH |  | SOLE |  | 11612 | 0 | 0 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 |  | 1096173 | 11839 | SH |  | SOLE |  | 11839 | 0 | 0 |
| CRESCENT ENERGY COMPANY | CL A COM | 44952J104 |  | 529201 | 61535 | SH |  | SOLE |  | 61535 | 0 | 0 |
| CRITEO S A | SPONS ADS | 226718104 |  | 293127 | 12234 | SH |  | SOLE |  | 12234 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 1245263 | 2445 | SH |  | SOLE |  | 2445 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 |  | 1926756 | 18710 | SH |  | SOLE |  | 18710 | 0 | 0 |
| CYTEK BIOSCIENCES INC | COM | 23285D109 |  | 1435881 | 422318 | SH |  | SOLE |  | 422318 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 2313598 | 17946 | SH |  | SOLE |  | 17946 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 2063898 | 10448 | SH |  | SOLE |  | 10448 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 699287 | 4909 | SH |  | SOLE |  | 4909 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 864963 | 8392 | SH |  | SOLE |  | 8392 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 444587 | 9040 | SH |  | SOLE |  | 9040 | 0 | 0 |
| DILLARDS INC | CL A | 254067101 |  | 1332460 | 3189 | SH |  | SOLE |  | 3189 | 0 | 0 |
| DIODES INC | COM | 254543101 |  | 3697487 | 69909 | SH |  | SOLE |  | 69909 | 0 | 0 |
| DIVERSIFIED ENERGY COMPANY P | SHS NEW | G2891G204 |  | 2514849 | 171428 | SH |  | SOLE |  | 171428 | 0 | 0 |
| DONNELLEY FINL SOLUTIONS INC | COM | 25787G100 |  | 347274 | 5633 | SH |  | SOLE |  | 5633 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 1230085 | 4990 | SH |  | SOLE |  | 4990 | 0 | 0 |
| DORIAN LPG LTD | SHS USD | Y2106R110 |  | 514418 | 21100 | SH |  | SOLE |  | 21100 | 0 | 0 |
| DUOLINGO INC | CL A COM | 26603R106 |  | 2210828 | 5392 | SH |  | SOLE |  | 5392 | 0 | 0 |
| EAGLE BANCORP INC MD | COM | 268948106 |  | 3262121 | 167460 | SH |  | SOLE |  | 167460 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 399804 | 5355 | SH |  | SOLE |  | 5355 | 0 | 0 |
| EDGEWISE THERAPEUTICS INC | COM | 28036F105 |  | 293048 | 22353 | SH |  | SOLE |  | 22353 | 0 | 0 |
| ELASTIC N V | ORD SHS | N14506104 |  | 622777 | 7385 | SH |  | SOLE |  | 7385 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 1996378 | 50350 | SH |  | SOLE |  | 50350 | 0 | 0 |
| ENSIGN GROUP INC | COM | 29358P101 |  | 934353 | 6057 | SH |  | SOLE |  | 6057 | 0 | 0 |
| ENVISTA HOLDINGS CORPORATION | COM | 29415F104 |  | 2056429 | 105242 | SH |  | SOLE |  | 105242 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 358318 | 6144 | SH |  | SOLE |  | 6144 | 0 | 0 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 443246 | 7901 | SH |  | SOLE |  | 7901 | 0 | 0 |
| EQUITY BANCSHARES INC | COM CL A | 29460X109 |  | 496903 | 12179 | SH |  | SOLE |  | 12179 | 0 | 0 |
| ERO COPPER CORP | COM | 296006109 |  | 693293 | 41145 | SH |  | SOLE |  | 41145 | 0 | 0 |
| ESQUIRE FINL HLDGS INC | COM | 29667J101 |  | 826760 | 8734 | SH |  | SOLE |  | 8734 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 1198322 | 23890 | SH |  | SOLE |  | 23890 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 1344447 | 3956 | SH |  | SOLE |  | 3956 | 0 | 0 |
| EXP WORLD HLDGS INC | COM | 30212W100 |  | 735972 | 80876 | SH |  | SOLE |  | 80876 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 8887089 | 75997 | SH |  | SOLE |  | 75997 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 2529525 | 14996 | SH |  | SOLE |  | 14996 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 956958 | 8376 | SH |  | SOLE |  | 8376 | 0 | 0 |
| EXPONENT INC | COM | 30214U102 |  | 603956 | 8084 | SH |  | SOLE |  | 8084 | 0 | 0 |
| FASTLY INC | CL A | 31188V100 |  | 341344 | 48349 | SH |  | SOLE |  | 48349 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 5912788 | 26012 | SH |  | SOLE |  | 26012 | 0 | 0 |
| FERROVIAL SE | ORD SHS | N3168P101 |  | 5977823 | 111589 | SH |  | SOLE |  | 111589 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 1977160 | 48071 | SH |  | SOLE |  | 48071 | 0 | 0 |
| FINVOLUTION GROUP | SPONSORED ADS | 31810T101 |  | 102536 | 10816 | SH |  | SOLE |  | 10816 | 0 | 0 |
| FIRST BANCORP P R | COM NEW | 318672706 |  | 978989 | 46999 | SH |  | SOLE |  | 46999 | 0 | 0 |
| FIRST BUSEY CORP | COM NEW | 319383204 |  | 1303987 | 56980 | SH |  | SOLE |  | 56980 | 0 | 0 |
| FIRST FINL BANKSHARES INC | COM | 32020R109 |  | 599391 | 16659 | SH |  | SOLE |  | 16659 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 |  | 787792 | 95259 | SH |  | SOLE |  | 95259 | 0 | 0 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 |  | 3256488 | 18649 | SH |  | SOLE |  | 18649 | 0 | 0 |
| FIVERR INTL LTD | ORD SHS | M4R82T106 |  | 1552202 | 52922 | SH |  | SOLE |  | 52922 | 0 | 0 |
| FLAGSTAR FINANCIAL INC | COM NEW | 649445400 |  | 173840 | 16400 | SH |  | SOLE |  | 16400 | 0 | 0 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 |  | 434187 | 5716 | SH |  | SOLE |  | 5716 | 0 | 0 |
| FLOWERS FOODS INC | COM | 343498101 |  | 250598 | 15682 | SH |  | SOLE |  | 15682 | 0 | 0 |
| FLUSHING FINL CORP | COM | 343873105 |  | 730418 | 61483 | SH |  | SOLE |  | 61483 | 0 | 0 |
| FORESTAR GROUP INC | COM | 346232101 |  | 1273320 | 63666 | SH |  | SOLE |  | 63666 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 766259 | 7248 | SH |  | SOLE |  | 7248 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 2552910 | 48972 | SH |  | SOLE |  | 48972 | 0 | 0 |
| FORTUNA MNG CORP | COM NEW | 349942102 |  | 88480 | 13529 | SH |  | SOLE |  | 13529 | 0 | 0 |
| FRANKLIN COVEY CO | COM | 353469109 |  | 309257 | 13552 | SH |  | SOLE |  | 13552 | 0 | 0 |
| FUTU HLDGS LTD | SPON ADS CL A | 36118L106 |  | 893432 | 7229 | SH |  | SOLE |  | 7229 | 0 | 0 |
| GAOTU TECHEDU INC | SPONSORED ADS | 36257Y109 |  | 963462 | 266887 | SH |  | SOLE |  | 266887 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 6859209 | 16969 | SH |  | SOLE |  | 16969 | 0 | 0 |
| GCM GROSVENOR INC | COM CL A | 36831E108 |  | 531413 | 45970 | SH |  | SOLE |  | 45970 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 3401376 | 6428 | SH |  | SOLE |  | 6428 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 306469 | 2140 | SH |  | SOLE |  | 2140 | 0 | 0 |
| GENTEX CORP | COM | 371901109 |  | 1349724 | 61379 | SH |  | SOLE |  | 61379 | 0 | 0 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 2472126 | 317754 | SH |  | SOLE |  | 317754 | 0 | 0 |
| GEOPARK LTD | USD SHS | G38327105 |  | 381811 | 58560 | SH |  | SOLE |  | 58560 | 0 | 0 |
| GIBRALTAR INDS INC | COM | 374689107 |  | 544334 | 9226 | SH |  | SOLE |  | 9226 | 0 | 0 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 381258 | 8850 | SH |  | SOLE |  | 8850 | 0 | 0 |
| GLOBAL INDUSTRIAL COMPANY | COM | 37892E102 |  | 2276160 | 84271 | SH |  | SOLE |  | 84271 | 0 | 0 |
| GLOBANT S A | COM | L44385109 |  | 596001 | 6561 | SH |  | SOLE |  | 6561 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 539100 | 2994 | SH |  | SOLE |  | 2994 | 0 | 0 |
| GOGO INC | COM | 38046C109 |  | 1175310 | 80062 | SH |  | SOLE |  | 80062 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 841100 | 20420 | SH |  | SOLE |  | 20420 | 0 | 0 |
| GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 |  | 400821 | 79686 | SH |  | SOLE |  | 79686 | 0 | 0 |
| GREENBRIER COS INC | COM | 393657101 |  | 484170 | 10514 | SH |  | SOLE |  | 10514 | 0 | 0 |
| GRINDR INC | COM | 39854F101 |  | 235966 | 10395 | SH |  | SOLE |  | 10395 | 0 | 0 |
| GROCERY OUTLET HLDG CORP | COM | 39874R101 |  | 468023 | 37683 | SH |  | SOLE |  | 37683 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 1265963 | 6293 | SH |  | SOLE |  | 6293 | 0 | 0 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 289711 | 3883 | SH |  | SOLE |  | 3883 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 273989 | 13444 | SH |  | SOLE |  | 13444 | 0 | 0 |
| HANCOCK WHITNEY CORPORATION | COM | 410120109 |  | 4530180 | 78923 | SH |  | SOLE |  | 78923 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 656250 | 1713 | SH |  | SOLE |  | 1713 | 0 | 0 |
| HEXCEL CORP NEW | COM | 428291108 |  | 1033428 | 18294 | SH |  | SOLE |  | 18294 | 0 | 0 |
| HILLENBRAND INC | COM | 431571108 |  | 470601 | 23448 | SH |  | SOLE |  | 23448 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 6786077 | 25479 | SH |  | SOLE |  | 25479 | 0 | 0 |
| HIMS  HERS HEALTH INC | COM CL A | 433000106 |  | 262012 | 5256 | SH |  | SOLE |  | 5256 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 1207346 | 3293 | SH |  | SOLE |  | 3293 | 0 | 0 |
| HOPE BANCORP INC | COM | 43940T109 |  | 1065178 | 99271 | SH |  | SOLE |  | 99271 | 0 | 0 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 913966 | 5079 | SH |  | SOLE |  | 5079 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 4468005 | 10940 | SH |  | SOLE |  | 10940 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 569805 | 3968 | SH |  | SOLE |  | 3968 | 0 | 0 |
| HYSTER-YALE INC | CL A | 449172105 |  | 331725 | 8339 | SH |  | SOLE |  | 8339 | 0 | 0 |
| ICF INTL INC | COM | 44925C103 |  | 3393483 | 40060 | SH |  | SOLE |  | 40060 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 9164578 | 52199 | SH |  | SOLE |  | 52199 | 0 | 0 |
| IHS HOLDING LIMITED | ORD SHS | G4701H109 |  | 467785 | 84134 | SH |  | SOLE |  | 84134 | 0 | 0 |
| IMMERSION CORP | COM | 452521107 |  | 163628 | 20765 | SH |  | SOLE |  | 20765 | 0 | 0 |
| INDEPENDENT BK CORP MICH | COM NEW | 453838609 |  | 320697 | 9895 | SH |  | SOLE |  | 9895 | 0 | 0 |
| INGEVITY CORP | COM | 45688C107 |  | 419912 | 9745 | SH |  | SOLE |  | 9745 | 0 | 0 |
| INNOSPEC INC | COM | 45768S105 |  | 5288588 | 62892 | SH |  | SOLE |  | 62892 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 1119738 | 3564 | SH |  | SOLE |  | 3564 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 583274 | 26039 | SH |  | SOLE |  | 26039 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 2493708 | 4589 | SH |  | SOLE |  | 4589 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 4556557 | 28914 | SH |  | SOLE |  | 28914 | 0 | 0 |
| IRHYTHM TECHNOLOGIES INC | COM | 450056106 |  | 1502188 | 9757 | SH |  | SOLE |  | 9757 | 0 | 0 |
| ITT INC | COM | 45073V108 |  | 1090596 | 6954 | SH |  | SOLE |  | 6954 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 3022648 | 13859 | SH |  | SOLE |  | 13859 | 0 | 0 |
| JACKSON FINANCIAL INC | COM CL A | 46817M107 |  | 495715 | 5583 | SH |  | SOLE |  | 5583 | 0 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 247129 | 58423 | SH |  | SOLE |  | 58423 | 0 | 0 |
| JINKOSOLAR HLDG CO LTD | SPONSORED ADR | 47759T100 |  | 329186 | 15513 | SH |  | SOLE |  | 15513 | 0 | 0 |
| JOYY INC | ADS REPSTG COM A | 46591M109 |  | 1352577 | 26568 | SH |  | SOLE |  | 26568 | 0 | 0 |
| KEARNY FINL CORP MD | COM | 48716P108 |  | 354803 | 54923 | SH |  | SOLE |  | 54923 | 0 | 0 |
| KELLY SVCS INC | CL A | 488152208 |  | 462053 | 39458 | SH |  | SOLE |  | 39458 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 426389 | 24477 | SH |  | SOLE |  | 24477 | 0 | 0 |
| KFORCE INC | COM | 493732101 |  | 301853 | 7339 | SH |  | SOLE |  | 7339 | 0 | 0 |
| KINETIK HOLDINGS INC | COM NEW CL A | 02215L209 |  | 482259 | 10948 | SH |  | SOLE |  | 10948 | 0 | 0 |
| KODIAK GAS SVCS INC | COM | 50012A108 |  | 1679333 | 49003 | SH |  | SOLE |  | 49003 | 0 | 0 |
| KOPPERS HOLDINGS INC | COM | 50060P106 |  | 227526 | 7077 | SH |  | SOLE |  | 7077 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 1666718 | 23236 | SH |  | SOLE |  | 23236 | 0 | 0 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 667617 | 74845 | SH |  | SOLE |  | 74845 | 0 | 0 |
| LENDINGCLUB CORP | COM NEW | 52603A208 |  | 195475 | 16249 | SH |  | SOLE |  | 16249 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 291236 | 2633 | SH |  | SOLE |  | 2633 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY LIV S C | 531229722 |  | 435099 | 5361 | SH |  | SOLE |  | 5361 | 0 | 0 |
| LIGHTSPEED COMMERCE INC | SUB VTG SHS | 53229C107 |  | 316568 | 27034 | SH |  | SOLE |  | 27034 | 0 | 0 |
| LINCOLN EDL SVCS CORP | COM | 533535100 |  | 343998 | 14924 | SH |  | SOLE |  | 14924 | 0 | 0 |
| LINDBLAD EXPEDITIONS HLDGS I | COM | 535219109 |  | 373417 | 31998 | SH |  | SOLE |  | 31998 | 0 | 0 |
| LIVANOVA PLC | SHS | G5509L101 |  | 473160 | 10510 | SH |  | SOLE |  | 10510 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 906167 | 5990 | SH |  | SOLE |  | 5990 | 0 | 0 |
| LIVE OAK BANCSHARES INC | COM | 53803X105 |  | 5215685 | 175023 | SH |  | SOLE |  | 175023 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 242222 | 523 | SH |  | SOLE |  | 523 | 0 | 0 |
| LOVESAC COMPANY | COM | 54738L109 |  | 194012 | 10660 | SH |  | SOLE |  | 10660 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 294421 | 1327 | SH |  | SOLE |  | 1327 | 0 | 0 |
| LSI INDS INC OHIO | COM | 50216C108 |  | 732076 | 43038 | SH |  | SOLE |  | 43038 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 662378 | 6968 | SH |  | SOLE |  | 6968 | 0 | 0 |
| M/I HOMES INC | COM | 55305B101 |  | 7725180 | 68901 | SH |  | SOLE |  | 68901 | 0 | 0 |
| MACOM TECH SOLUTIONS HLDGS I | COM | 55405Y100 |  | 928376 | 6479 | SH |  | SOLE |  | 6479 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 8450300 | 218863 | SH |  | SOLE |  | 218863 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 2947990 | 92240 | SH |  | SOLE |  | 92240 | 0 | 0 |
| MAREX GROUP PLC | ORD | G5S37H101 |  | 1613455 | 40878 | SH |  | SOLE |  | 40878 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 |  | 311588 | 156 | SH |  | SOLE |  | 156 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 2254802 | 8253 | SH |  | SOLE |  | 8253 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 763272 | 3491 | SH |  | SOLE |  | 3491 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 2784874 | 5073 | SH |  | SOLE |  | 5073 | 0 | 0 |
| MATIV HOLDINGS INC | COM | 808541106 |  | 70703 | 10367 | SH |  | SOLE |  | 10367 | 0 | 0 |
| MAXLINEAR INC | COM | 57776J100 |  | 1065125 | 74956 | SH |  | SOLE |  | 74956 | 0 | 0 |
| METHANEX CORP | COM | 59151K108 |  | 808037 | 24412 | SH |  | SOLE |  | 24412 | 0 | 0 |
| METROPOLITAN BK HLDG CORP | COM | 591774104 |  | 201390 | 2877 | SH |  | SOLE |  | 2877 | 0 | 0 |
| MGP INGREDIENTS INC NEW | COM | 55303J106 |  | 302667 | 10099 | SH |  | SOLE |  | 10099 | 0 | 0 |
| MIDWESTONE FINL GROUP INC NE | COM | 598511103 |  | 640132 | 22250 | SH |  | SOLE |  | 22250 | 0 | 0 |
| MILLER INDS INC TENN | COM NEW | 600551204 |  | 1896664 | 42660 | SH |  | SOLE |  | 42660 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 3287029 | 11034 | SH |  | SOLE |  | 11034 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 3568024 | 8486 | SH |  | SOLE |  | 8486 | 0 | 0 |
| MOVADO GROUP INC | COM | 624580106 |  | 2998120 | 196598 | SH |  | SOLE |  | 196598 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 367334 | 11041 | SH |  | SOLE |  | 11041 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 1326502 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| MURPHY USA INC | COM | 626755102 |  | 4209566 | 10348 | SH |  | SOLE |  | 10348 | 0 | 0 |
| MYR GROUP INC DEL | COM | 55405W104 |  | 512415 | 2824 | SH |  | SOLE |  | 2824 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 549752 | 19620 | SH |  | SOLE |  | 19620 | 0 | 0 |
| NAPCO SEC TECHNOLOGIES INC | COM | 630402105 |  | 1361316 | 45851 | SH |  | SOLE |  | 45851 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 1488664 | 16648 | SH |  | SOLE |  | 16648 | 0 | 0 |
| NATIONAL BK HLDGS CORP | CL A | 633707104 |  | 4486986 | 119303 | SH |  | SOLE |  | 119303 | 0 | 0 |
| NATIONAL PRESTO INDS INC | COM | 637215104 |  | 1827934 | 18660 | SH |  | SOLE |  | 18660 | 0 | 0 |
| NAYAX LTD | SHS | M7S750159 |  | 260097 | 5174 | SH |  | SOLE |  | 5174 | 0 | 0 |
| NEOGEN CORP | COM | 640491106 |  | 233460 | 48841 | SH |  | SOLE |  | 48841 | 0 | 0 |
| NEOGENOMICS INC | COM NEW | 64049M209 |  | 473564 | 64783 | SH |  | SOLE |  | 64783 | 0 | 0 |
| NEW GOLD INC CDA | COM | 644535106 |  | 583268 | 117832 | SH |  | SOLE |  | 117832 | 0 | 0 |
| NEWMARK GROUP INC | CL A | 65158N102 |  | 358996 | 29547 | SH |  | SOLE |  | 29547 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 237938 | 8006 | SH |  | SOLE |  | 8006 | 0 | 0 |
| NEXTNAV INC | COMMON STOCK | 65345N106 |  | 413182 | 27183 | SH |  | SOLE |  | 27183 | 0 | 0 |
| NLIGHT INC | COM | 65487K100 |  | 408832 | 20774 | SH |  | SOLE |  | 20774 | 0 | 0 |
| NORTHEAST BK PORTLAND ME | COM | 66405S100 |  | 332378 | 3735 | SH |  | SOLE |  | 3735 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 4850806 | 9702 | SH |  | SOLE |  | 9702 | 0 | 0 |
| NOV INC | COM | 62955J103 |  | 146164 | 11759 | SH |  | SOLE |  | 11759 | 0 | 0 |
| ODDITY TECH LTD | SHS CL A | M7518J104 |  | 2909746 | 38555 | SH |  | SOLE |  | 38555 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 384002 | 2366 | SH |  | SOLE |  | 2366 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 2258269 | 31391 | SH |  | SOLE |  | 31391 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 |  | 5309826 | 52609 | SH |  | SOLE |  | 52609 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 940957 | 10440 | SH |  | SOLE |  | 10440 | 0 | 0 |
| ORLA MNG LTD NEW | COM | 68634K106 |  | 1288702 | 128613 | SH |  | SOLE |  | 128613 | 0 | 0 |
| ORRSTOWN FINL SVCS INC | COM | 687380105 |  | 302544 | 9505 | SH |  | SOLE |  | 9505 | 0 | 0 |
| OSHKOSH CORP | COM | 688239201 |  | 3905435 | 34397 | SH |  | SOLE |  | 34397 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 5696904 | 41426 | SH |  | SOLE |  | 41426 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 1137773 | 11969 | SH |  | SOLE |  | 11969 | 0 | 0 |
| PACIRA BIOSCIENCES INC | COM | 695127100 |  | 293803 | 12293 | SH |  | SOLE |  | 12293 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 1358536 | 7209 | SH |  | SOLE |  | 7209 | 0 | 0 |
| PAGAYA TECHNOLOGIES LTD | CL A NEW | M7S64L123 |  | 3652159 | 171302 | SH |  | SOLE |  | 171302 | 0 | 0 |
| PAGERDUTY INC | COM | 69553P100 |  | 212056 | 13878 | SH |  | SOLE |  | 13878 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 1003759 | 4905 | SH |  | SOLE |  | 4905 | 0 | 0 |
| PAYONEER GLOBAL INC | COM | 70451X104 |  | 120300 | 17562 | SH |  | SOLE |  | 17562 | 0 | 0 |
| PAYSIGN INC | COM | 70451A104 |  | 395755 | 54966 | SH |  | SOLE |  | 54966 | 0 | 0 |
| PBF ENERGY INC | CL A | 69318G106 |  | 321626 | 14842 | SH |  | SOLE |  | 14842 | 0 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 484261 | 36085 | SH |  | SOLE |  | 36085 | 0 | 0 |
| PELOTON INTERACTIVE INC | CL A COM | 70614W100 |  | 453918 | 65406 | SH |  | SOLE |  | 65406 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 2699070 | 71956 | SH |  | SOLE |  | 71956 | 0 | 0 |
| PENGUIN SOLUTIONS INC | SHS | G8232Y101 |  | 453332 | 22884 | SH |  | SOLE |  | 22884 | 0 | 0 |
| PERDOCEO ED CORP | COM | 71363P106 |  | 990736 | 30307 | SH |  | SOLE |  | 30307 | 0 | 0 |
| PERFORMANCE FOOD GROUP CO | COM | 71377A103 |  | 255762 | 2924 | SH |  | SOLE |  | 2924 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 7804287 | 41864 | SH |  | SOLE |  | 41864 | 0 | 0 |
| POPULAR INC | COM NEW | 733174700 |  | 1027267 | 9321 | SH |  | SOLE |  | 9321 | 0 | 0 |
| PREFERRED BK LOS ANGELES CA | COM NEW | 740367404 |  | 5014071 | 57936 | SH |  | SOLE |  | 57936 | 0 | 0 |
| PRIMERICA INC | COM | 74164M108 |  | 801306 | 2928 | SH |  | SOLE |  | 2928 | 0 | 0 |
| PROG HOLDINGS INC | COM NPV | 74319R101 |  | 231924 | 7902 | SH |  | SOLE |  | 7902 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 279129 | 2598 | SH |  | SOLE |  | 2598 | 0 | 0 |
| PTC INC | COM | 69370C100 |  | 1320641 | 7663 | SH |  | SOLE |  | 7663 | 0 | 0 |
| QCR HOLDINGS INC | COM | 74727A104 |  | 376166 | 5540 | SH |  | SOLE |  | 5540 | 0 | 0 |
| QUALYS INC | COM | 74758T303 |  | 468328 | 3278 | SH |  | SOLE |  | 3278 | 0 | 0 |
| QUANEX BLDG PRODS CORP | COM | 747619104 |  | 294764 | 15596 | SH |  | SOLE |  | 15596 | 0 | 0 |
| RADIAN GROUP INC | COM | 750236101 |  | 349358 | 9699 | SH |  | SOLE |  | 9699 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 791454 | 16322 | SH |  | SOLE |  | 16322 | 0 | 0 |
| RAMACO RES INC | COM CL A | 75134P600 |  | 143712 | 10937 | SH |  | SOLE |  | 10937 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 3899804 | 165808 | SH |  | SOLE |  | 165808 | 0 | 0 |
| RESOURCES CONNECTION INC | COM | 76122Q105 |  | 959071 | 178598 | SH |  | SOLE |  | 178598 | 0 | 0 |
| RMR GROUP INC | CL A | 74967R106 |  | 2737808 | 167450 | SH |  | SOLE |  | 167450 | 0 | 0 |
| ROBERT HALF INC. | COM | 770323103 |  | 798217 | 19445 | SH |  | SOLE |  | 19445 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 779095 | 8321 | SH |  | SOLE |  | 8321 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 7367998 | 70038 | SH |  | SOLE |  | 70038 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 862058 | 6757 | SH |  | SOLE |  | 6757 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 7182657 | 65392 | SH |  | SOLE |  | 65392 | 0 | 0 |
| RYAN SPECIALTY HOLDINGS INC | CL A | 78351F107 |  | 1584779 | 23309 | SH |  | SOLE |  | 23309 | 0 | 0 |
| SAIA INC | COM | 78709Y105 |  | 1422008 | 5190 | SH |  | SOLE |  | 5190 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 9148477 | 33549 | SH |  | SOLE |  | 33549 | 0 | 0 |
| SANFILIPPO JOHN B  SON INC | COM | 800422107 |  | 1790577 | 28314 | SH |  | SOLE |  | 28314 | 0 | 0 |
| SCANSOURCE INC | COM | 806037107 |  | 216200 | 5171 | SH |  | SOLE |  | 5171 | 0 | 0 |
| SCHOLASTIC CORP | COM | 807066105 |  | 313378 | 14937 | SH |  | SOLE |  | 14937 | 0 | 0 |
| SCHRODINGER INC | COM | 80810D103 |  | 215908 | 10731 | SH |  | SOLE |  | 10731 | 0 | 0 |
| SCORPIO TANKERS INC | SHS | Y7542C130 |  | 346379 | 8852 | SH |  | SOLE |  | 8852 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 4738862 | 29629 | SH |  | SOLE |  | 29629 | 0 | 0 |
| SEABOARD CORP DEL | COM | 811543107 |  | 1536464 | 537 | SH |  | SOLE |  | 537 | 0 | 0 |
| SEABRIDGE GOLD INC | COM | 811916105 |  | 967976 | 66665 | SH |  | SOLE |  | 66665 | 0 | 0 |
| SEMRUSH HLDGS INC | CL A COM | 81686C104 |  | 308415 | 34079 | SH |  | SOLE |  | 34079 | 0 | 0 |
| SERVICE CORP INTL | COM | 817565104 |  | 1671142 | 20530 | SH |  | SOLE |  | 20530 | 0 | 0 |
| SERVISFIRST BANCSHARES INC | COM | 81768T108 |  | 222454 | 2870 | SH |  | SOLE |  | 2870 | 0 | 0 |
| SHENANDOAH TELECOMMUNICATION | COM | 82312B106 |  | 499300 | 36552 | SH |  | SOLE |  | 36552 | 0 | 0 |
| SHOE CARNIVAL INC | COM | 824889109 |  | 1875790 | 100256 | SH |  | SOLE |  | 100256 | 0 | 0 |
| SIMPSON MFG INC | COM | 829073105 |  | 2726001 | 17552 | SH |  | SOLE |  | 17552 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 2536485 | 110426 | SH |  | SOLE |  | 110426 | 0 | 0 |
| SITEONE LANDSCAPE SUPPLY INC | COM | 82982L103 |  | 231600 | 1915 | SH |  | SOLE |  | 1915 | 0 | 0 |
| SITIME CORP | COM | 82982T106 |  | 463662 | 2176 | SH |  | SOLE |  | 2176 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 1422810 | 19093 | SH |  | SOLE |  | 19093 | 0 | 0 |
| SMITH A O CORP | COM | 831865209 |  | 265165 | 4044 | SH |  | SOLE |  | 4044 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 5290060 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 3981987 | 17795 | SH |  | SOLE |  | 17795 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 575655 | 31612 | SH |  | SOLE |  | 31612 | 0 | 0 |
| SOLARIS ENERGY INFRAS INC | COM CL A | 83418M103 |  | 2259070 | 79854 | SH |  | SOLE |  | 79854 | 0 | 0 |
| SPECTRUM BRANDS HLDGS INC NE | COM | 84790A105 |  | 276607 | 5219 | SH |  | SOLE |  | 5219 | 0 | 0 |
| SPORTRADAR GROUP AG | CLASS A ORD SHS | H8088L103 |  | 9173315 | 326685 | SH |  | SOLE |  | 326685 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 2070283 | 2698 | SH |  | SOLE |  | 2698 | 0 | 0 |
| SPS COMM INC | COM | 78463M107 |  | 1281015 | 9413 | SH |  | SOLE |  | 9413 | 0 | 0 |
| SSR MINING IN | COM | 784730103 |  | 151924 | 11925 | SH |  | SOLE |  | 11925 | 0 | 0 |
| STANDEX INTL CORP | COM | 854231107 |  | 374457 | 2393 | SH |  | SOLE |  | 2393 | 0 | 0 |
| STANTEC INC | COM | 85472N109 |  | 1868861 | 17196 | SH |  | SOLE |  | 17196 | 0 | 0 |
| STEPAN CO | COM | 858586100 |  | 2105969 | 38585 | SH |  | SOLE |  | 38585 | 0 | 0 |
| STRIDE INC | COM | 86333M108 |  | 235208 | 1620 | SH |  | SOLE |  | 1620 | 0 | 0 |
| SUNCOKE ENERGY INC | COM | 86722A103 |  | 5789823 | 674019 | SH |  | SOLE |  | 674019 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 1812617 | 48401 | SH |  | SOLE |  | 48401 | 0 | 0 |
| SUPER GROUP SGHC LIMITED | ORD SHS | G8588X103 |  | 999981 | 91156 | SH |  | SOLE |  | 91156 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 5296153 | 79355 | SH |  | SOLE |  | 79355 | 0 | 0 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 |  | 468389 | 9051 | SH |  | SOLE |  | 9051 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 200138 | 840 | SH |  | SOLE |  | 840 | 0 | 0 |
| TACTILE SYS TECHNOLOGY INC | COM | 87357P100 |  | 272938 | 26917 | SH |  | SOLE |  | 26917 | 0 | 0 |
| TALOS ENERGY INC | COM | 87484T108 |  | 387561 | 45703 | SH |  | SOLE |  | 45703 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 454944 | 5181 | SH |  | SOLE |  | 5181 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 1121597 | 6443 | SH |  | SOLE |  | 6443 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 3277844 | 33227 | SH |  | SOLE |  | 33227 | 0 | 0 |
| TAYLOR MORRISON HOME CORP | COM | 87724P106 |  | 2092334 | 34066 | SH |  | SOLE |  | 34066 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 254434 | 6301 | SH |  | SOLE |  | 6301 | 0 | 0 |
| TELEFLEX INCORPORATED | COM | 879369106 |  | 5813962 | 49121 | SH |  | SOLE |  | 49121 | 0 | 0 |
| TENCENT MUSIC ENTMT GROUP | SPON ADS | 88034P109 |  | 377580 | 19373 | SH |  | SOLE |  | 19373 | 0 | 0 |
| TENNANT CO | COM | 880345103 |  | 473945 | 6117 | SH |  | SOLE |  | 6117 | 0 | 0 |
| TERNIUM SA | SPONSORED ADS | 880890108 |  | 345277 | 11471 | SH |  | SOLE |  | 11471 | 0 | 0 |
| TEXAS ROADHOUSE INC | COM | 882681109 |  | 441725 | 2357 | SH |  | SOLE |  | 2357 | 0 | 0 |
| TFI INTL INC | COM | 87241L109 |  | 1901183 | 21202 | SH |  | SOLE |  | 21202 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 3087578 | 7615 | SH |  | SOLE |  | 7615 | 0 | 0 |
| THIRD COAST BANCSHARES INC | COM | 88422P109 |  | 676596 | 20710 | SH |  | SOLE |  | 20710 | 0 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 684244 | 3402 | SH |  | SOLE |  | 3402 | 0 | 0 |
| TIMKEN CO | COM | 887389104 |  | 458081 | 6314 | SH |  | SOLE |  | 6314 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 1231689 | 9974 | SH |  | SOLE |  | 9974 | 0 | 0 |
| TOLL BROTHERS INC | COM | 889478103 |  | 4432124 | 38834 | SH |  | SOLE |  | 38834 | 0 | 0 |
| TORM PLC | SHS CL A | G89479102 |  | 283487 | 17016 | SH |  | SOLE |  | 17016 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 284061 | 5383 | SH |  | SOLE |  | 5383 | 0 | 0 |
| TRANSCAT INC | COM | 893529107 |  | 325960 | 3792 | SH |  | SOLE |  | 3792 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 815063 | 536 | SH |  | SOLE |  | 536 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 4360036 | 57384 | SH |  | SOLE |  | 57384 | 0 | 0 |
| TRIUMPH FINANCIAL INC | COM | 89679E300 |  | 4055600 | 73591 | SH |  | SOLE |  | 73591 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 1059274 | 24640 | SH |  | SOLE |  | 24640 | 0 | 0 |
| TRUPANION INC | COM | 898202106 |  | 841154 | 15197 | SH |  | SOLE |  | 15197 | 0 | 0 |
| UDEMY INC | COM | 902685106 |  | 224348 | 31913 | SH |  | SOLE |  | 31913 | 0 | 0 |
| ULTRA CLEAN HLDGS INC | COM | 90385V107 |  | 862422 | 38211 | SH |  | SOLE |  | 38211 | 0 | 0 |
| UNDER ARMOUR INC | CL A | 904311107 |  | 93086 | 13629 | SH |  | SOLE |  | 13629 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 527343 | 2292 | SH |  | SOLE |  | 2292 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 1120636 | 11102 | SH |  | SOLE |  | 11102 | 0 | 0 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 432629 | 5964 | SH |  | SOLE |  | 5964 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1208673 | 26711 | SH |  | SOLE |  | 26711 | 0 | 0 |
| USANA HEALTH SCIENCES INC | COM | 90328M107 |  | 348958 | 11430 | SH |  | SOLE |  | 11430 | 0 | 0 |
| V2X INC | COM | 92242T101 |  | 417239 | 8594 | SH |  | SOLE |  | 8594 | 0 | 0 |
| VAREX IMAGING CORP | COM | 92214X106 |  | 1068924 | 123290 | SH |  | SOLE |  | 123290 | 0 | 0 |
| VEECO INSTRS INC DEL | COM | 922417100 |  | 1701841 | 83752 | SH |  | SOLE |  | 83752 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 2877208 | 9991 | SH |  | SOLE |  | 9991 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 416116 | 4122 | SH |  | SOLE |  | 4122 | 0 | 0 |
| VERITEX HLDGS INC | COM | 923451108 |  | 3304234 | 126599 | SH |  | SOLE |  | 126599 | 0 | 0 |
| VERMILION ENERGY INC | COM | 923725105 |  | 1572116 | 215950 | SH |  | SOLE |  | 215950 | 0 | 0 |
| VIRTUS INVT PARTNERS INC | COM | 92828Q109 |  | 1540993 | 8495 | SH |  | SOLE |  | 8495 | 0 | 0 |
| VISHAY INTERTECHNOLOGY INC | COM | 928298108 |  | 681744 | 42931 | SH |  | SOLE |  | 42931 | 0 | 0 |
| VITAL ENERGY INC | COM | 516806205 |  | 326225 | 20275 | SH |  | SOLE |  | 20275 | 0 | 0 |
| VITESSE ENERGY INC | COMMON STOCK | 92852X103 |  | 249087 | 11276 | SH |  | SOLE |  | 11276 | 0 | 0 |
| VONTIER CORPORATION | COM | 928881101 |  | 7353432 | 199280 | SH |  | SOLE |  | 199280 | 0 | 0 |
| VSE CORP | COM | 918284100 |  | 1066701 | 8144 | SH |  | SOLE |  | 8144 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 2677056 | 10264 | SH |  | SOLE |  | 10264 | 0 | 0 |
| W  T OFFSHORE INC | COM | 92922P106 |  | 44748 | 27120 | SH |  | SOLE |  | 27120 | 0 | 0 |
| WALKER  DUNLOP INC | COM | 93148P102 |  | 964589 | 13686 | SH |  | SOLE |  | 13686 | 0 | 0 |
| WASHINGTON TR BANCORP INC | COM | 940610108 |  | 277483 | 9812 | SH |  | SOLE |  | 9812 | 0 | 0 |
| WEIBO CORP | SPONSORED ADR | 948596101 |  | 525217 | 55112 | SH |  | SOLE |  | 55112 | 0 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 377438 | 2038 | SH |  | SOLE |  | 2038 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 268905 | 1229 | SH |  | SOLE |  | 1229 | 0 | 0 |
| WESTAMERICA BANCORPORATION | COM | 957090103 |  | 781531 | 16134 | SH |  | SOLE |  | 16134 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 167028 | 19837 | SH |  | SOLE |  | 19837 | 0 | 0 |
| WEX INC | COM | 96208T104 |  | 1999907 | 13615 | SH |  | SOLE |  | 13615 | 0 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 1174202 | 3831 | SH |  | SOLE |  | 3831 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 683040 | 2846 | SH |  | SOLE |  | 2846 | 0 | 0 |
| WYNDHAM HOTELS  RESORTS INC | COM | 98311A105 |  | 10578009 | 130255 | SH |  | SOLE |  | 130255 | 0 | 0 |
| XPEL INC | COM | 98379L100 |  | 356523 | 9931 | SH |  | SOLE |  | 9931 | 0 | 0 |
| YEXT INC | COM | 98585N106 |  | 664708 | 78201 | SH |  | SOLE |  | 78201 | 0 | 0 |
| ZEEKR INTELLIGENT TECHNOLOGY | SPON ADS | 98923K103 |  | 741412 | 29075 | SH |  | SOLE |  | 29075 | 0 | 0 |
| ZIONS BANCORPORATION N A | COM | 989701107 |  | 1507922 | 29032 | SH |  | SOLE |  | 29032 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 534326 | 1702 | SH |  | SOLE |  | 1702 | 0 | 0 |
| ZUMIEZ INC | COM | 989817101 |  | 137321 | 10356 | SH |  | SOLE |  | 10356 | 0 | 0 |

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