# EDGAR Filing Document

**Accession Number:** 0001965454
**File Stem:** 0000910472-25-001816
**Filing Date:** 2025-9
**Character Count:** 121340
**Document Hash:** 6ce5a0059e2da6230f7c27b726ece95f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-001816.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0000910472-25-001816

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250929

**DATE AS OF CHANGE**: 20250929

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Grandeur Peak Global Trust
- **CENTRAL INDEX KEY:** 0001965454

**ORGANIZATION NAME:**
- **EIN:** 922196433
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23852
- **FILM NUMBER:** 251354060

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DR.
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2688

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DR.
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Grandeur Peak Global Reach Fund (Series ID: S000080372)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000242727 | Institutional Class | GPRIX           |
| C000242728 | Investor Class      | GPROX           |

## Nport-Ex

<u>Grandeur Peak Global Reach Fund</u> <u>Portfolio of Investments</u> <br> July 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| | **Shares** | **Fair Value** |
| **COMMON STOCKS — 99.11%** | **COMMON STOCKS — 99.11%** | **COMMON STOCKS — 99.11%** |
| **Australia — 4.29%** | **Australia — 4.29%** | **Australia — 4.29%** |
| EQT Holdings Ltd | &nbsp;&nbsp;&nbsp;17964 | $375996 |
| HUB24 Ltd. | &nbsp;&nbsp;&nbsp;3884 | 266197 |
| IPD Group Ltd/Australia<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;209562 | 475390 |
| MA Financial Group Ltd | &nbsp;&nbsp;&nbsp;223317 | 1172482 |
| Mader Group Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;98912 | 468467 |
| Navigator Global Investments Limited<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;378314 | 465569 |
| Netwealth Group Ltd | &nbsp;&nbsp;&nbsp;10260 | 247451 |
| Pinnacle Investment Management Group | &nbsp;&nbsp;&nbsp;75869 | 1091156 |
| Qualitas Ltd<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp;194284 | 449471 |
| Steadfast Group Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;97770 | 373839 |
|  |  | 5386018 |
| **Belgium — 1.46%** | **Belgium — 1.46%** | **Belgium — 1.46%** |
| Azelis Group N.V. | &nbsp;&nbsp;&nbsp;27048 | 422490 |
| Melexis NV | &nbsp;&nbsp;&nbsp;10110 | 779201 |
| X-Fab Silicon Foundries S.E. 144A<sup>(a)(b)(c)</sup> | &nbsp;&nbsp;&nbsp;85863 | 626963 |
|  |  | 1828654 |
| **Brazil — 1.67%** | **Brazil — 1.67%** | **Brazil — 1.67%** |
| BR Advisory Partners | &nbsp;&nbsp;&nbsp;140000 | 388014 |
| Grupo Mateus SA<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;315987 | 411362 |
| Locaweb Servicos de Internet S<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;605768 | 409990 |
| Patria Investments Limited<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;27169 | 379008 |
| Track & Field Co SA | &nbsp;&nbsp;&nbsp;196300 | 509346 |
|  |  | 2097720 |
| **Canada — 1.72%** | **Canada — 1.72%** | **Canada — 1.72%** |
| Aritzia Inc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;5230 | 280712 |
| BioSyent, Inc. | &nbsp;&nbsp;&nbsp;31300 | 255487 |
| Descartes Systems Group, Inc. (The)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;3400 | 359213 |
| Foran Mining Corp<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;127649 | 236762 |
| Kinaxis Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;5300 | 786586 |
| Richelieu Hardware, Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;9549 | 238932 |
|  |  | 2157692 |
| **China — 2.90%** | **China — 2.90%** | **China — 2.90%** |
| Angelalign Technology Inc 144A<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp;34000 | 255542 |
| ANTA Sports Products Ltd. | &nbsp;&nbsp;&nbsp;23400 | 268281 |
| Beijing Huafeng Test & Control | &nbsp;&nbsp;&nbsp;24000 | 475387 |
| Bosideng International Holdings, Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;438000 | 249968 |
| Centre Testing Int | &nbsp;&nbsp;&nbsp;209200 | 353596 |
| DPC Dash LTD. 144A<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp;32300 | 349746 |
| Proya Cosmetics Co Ltd | &nbsp;&nbsp;&nbsp;38800 | 441823 |
| Shenzhen New Industries Biomed<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;34200 | 263713 |
| Silergy Corp | &nbsp;&nbsp;&nbsp;89700 | 974282 |
|  |  | 3632338 |
| **Denmark — 0.32%** | **Denmark — 0.32%** | **Denmark — 0.32%** |
| Rockwool A/S | &nbsp;&nbsp;&nbsp;9140 | 400240 |
| **Finland — 0.19%** | **Finland — 0.19%** | **Finland — 0.19%** |
| Revenio Group Oyj | &nbsp;&nbsp;&nbsp;7763 | 233120 |
| **France — 2.02%** | **France — 2.02%** | **France — 2.02%** |
| Planisware SAS<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;11232 | 273169 |
| Sidetrade<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1279 | 327125 |
| Thermador Groupe | &nbsp;&nbsp;&nbsp;2637 | 246297 |
| Virbac S.A.CA | &nbsp;&nbsp;&nbsp;3160 | 1253825 |
| Wavestone | &nbsp;&nbsp;&nbsp;6460 | 428552 |
|  |  | 2528968 |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Fair Value** |
| **COMMON STOCKS — 99.11% (continued)** | **COMMON STOCKS — 99.11% (continued)** | **COMMON STOCKS — 99.11% (continued)** |
| **Germany — 2.30%** | **Germany — 2.30%** | **Germany — 2.30%** |
| 2G Energy AG<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;8473 | $352155 |
| Atoss Software AG | &nbsp;&nbsp;&nbsp;1543 | 207542 |
| Chapters Group AG<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;7745 | 389107 |
| Dermapharm Holding SE | &nbsp;&nbsp;&nbsp;16500 | 631137 |
| Elmos Semiconductor AG<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;6912 | 694515 |
| Mensch und Maschine Software S | &nbsp;&nbsp;&nbsp;5895 | 345300 |
| Schott Pharma AG & Co | &nbsp;&nbsp;&nbsp;9587 | 260528 |
|  |  | 2880284 |
| **Hong Kong — 1.22%** | **Hong Kong — 1.22%** | **Hong Kong — 1.22%** |
| Plover Bay Tech<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;1055800 | 895751 |
| Techtronic Industries Co Limited<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;52700 | 633073 |
|  |  | 1528824 |
| **India — 4.90%** | **India — 4.90%** | **India — 4.90%** |
| Aditya Vision Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;72753 | 328206 |
| Bajaj Finance Limited<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;35018 | 352691 |
| BLS International Services Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;93999 | 408312 |
| Five-Star Business<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;69189 | 469575 |
| Gulf Oil Lubricants India Ltd. | &nbsp;&nbsp;&nbsp;28792 | 397791 |
| Home First Finance Co India Lt 144A<sup>(a)(b)(c)</sup> | &nbsp;&nbsp;&nbsp;27756 | 384492 |
| Indigo Paints Ltd | &nbsp;&nbsp;&nbsp;18371 | 251966 |
| Jubilant Foodworks Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;37957 | 284376 |
| Jupiter Life Line Hospitals Lt<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;12486 | 204074 |
| LT Foods Ltd | &nbsp;&nbsp;&nbsp;90320 | 502169 |
| Newgen Software Techno | &nbsp;&nbsp;&nbsp;25375 | 246202 |
| PB Fintech Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;31819 | 659016 |
| Prudent Corporate Advisory Ser<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;14078 | 470116 |
| SJS Enterprises Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;46425 | 651172 |
| Supriya Lifescience Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;31201 | 235810 |
| Varun Beverages Ltd. | &nbsp;&nbsp;&nbsp;49208 | 293923 |
|  |  | 6139891 |
| **Indonesia — 1.19%** | **Indonesia — 1.19%** | **Indonesia — 1.19%** |
| Aspirasi Hidup Ind | &nbsp;&nbsp;&nbsp;14889800 | 425190 |
| Cisarua Mountain Dairy PT TBK<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1025000 | 310757 |
| Hartadinata Abadi Tbk PT<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;5799200 | 220214 |
| Selamat Sempurna Tbk PT | &nbsp;&nbsp;&nbsp;4399400 | 530580 |
|  |  | 1486741 |
| **Ireland — 0.35%** | **Ireland — 0.35%** | **Ireland — 0.35%** |
| ICON plc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;2570 | 434818 |
| **Israel — 1.52%** | **Israel — 1.52%** | **Israel — 1.52%** |
| CyberArk Software Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1754 | 721719 |
| Monday.com Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;901 | 236323 |
| Next Vision Stabilized Systems<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;16199 | 666019 |
| Wix.com Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;2104 | 286207 |
|  |  | 1910268 |
| **Italy — 2.58%** | **Italy — 2.58%** | **Italy — 2.58%** |
| Diasorin SPA<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;4806 | 470283 |
| Interpump Group SpA | &nbsp;&nbsp;&nbsp;16534 | 678879 |
| Moncler S.p.A.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;3827 | 205115 |
| Pharmanutra SpA<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;9616 | 504516 |
| Recordati SpA<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;14684 | 845027 |
| Sanlorenzo SpA/Ameglia<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;7268 | 245641 |
| Sesa SpA | &nbsp;&nbsp;&nbsp;3859 | 292135 |
|  |  | 3241596 |
| **Japan — 10.62%** | **Japan — 10.62%** | **Japan — 10.62%** |
| AZOOM Co Ltd | &nbsp;&nbsp;&nbsp;11800 | 663581 |

---

<u>Grandeur Peak Global Reach Fund</u> <u>Portfolio of Investments</u> <br> July 31, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| | **Shares** | **Fair Value** |
| **COMMON STOCKS — 99.11% (continued)** | **COMMON STOCKS — 99.11% (continued)** | **COMMON STOCKS — 99.11% (continued)** |
| **Japan — 10.62% (continued)** | **Japan — 10.62% (continued)** | **Japan — 10.62% (continued)** |
| BayCurrent Consulting, Inc. | &nbsp;&nbsp;&nbsp;19800 | $1139203 |
| Charm Care Corp KK | &nbsp;&nbsp;&nbsp;26500 | 233729 |
| eWeLL Co Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;33700 | 531444 |
| Hennge KK<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;48800 | 544006 |
| Insource Co Ltd | &nbsp;&nbsp;&nbsp;58800 | 359911 |
| Integral Corp<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;29900 | 693002 |
| Japan Elevator Service Holdings Company Ltd. | &nbsp;&nbsp;&nbsp;22800 | 614627 |
| Jeol Ltd. | &nbsp;&nbsp;&nbsp;12900 | 374697 |
| Kitz Corp<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;31800 | 268244 |
| Kotobuki Spirits Co Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;18300 | 246659 |
| MarkLines Company Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;36300 | 478562 |
| Maruwa Co Ltd/Aichi<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1900 | 578843 |
| Plus Alpha Consulting Company Ltd. | &nbsp;&nbsp;&nbsp;38000 | 580859 |
| PR Times Corp<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;17900 | 342583 |
| Rakus Co Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;25000 | 387946 |
| Rise Consulting Group Inc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;80700 | 679662 |
| SIGMAXYZ Holdings Inc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;109900 | 882587 |
| System Support, Inc. | &nbsp;&nbsp;&nbsp;34600 | 618144 |
| Timee Inc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;23300 | 314748 |
| Tokyo Seimitsu Company Limited | &nbsp;&nbsp;&nbsp;5100 | 322990 |
| Totech Corp | &nbsp;&nbsp;&nbsp;13700 | 260565 |
| ULS Group Inc | &nbsp;&nbsp;&nbsp;16100 | 780475 |
| User Local Inc. | &nbsp;&nbsp;&nbsp;49300 | 625101 |
| Visional Inc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;10200 | 803248 |
|  |  | 13325416 |
| **Lithuania — 0.32%** | **Lithuania — 0.32%** | **Lithuania — 0.32%** |
| Baltic Classifieds Group | &nbsp;&nbsp;&nbsp;85807 | 405691 |
| **Luxembourg — 0.58%** | **Luxembourg — 0.58%** | **Luxembourg — 0.58%** |
| Eurofins Scientific S.E. | &nbsp;&nbsp;&nbsp;9512 | 731158 |
| **Mexico — 2.32%** | **Mexico — 2.32%** | **Mexico — 2.32%** |
| BBB Foods Inc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;25460 | 649739 |
| Corp Inmobiliaria Vesta S.A.B. de CV - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;224100 | 631654 |
| Corporativo Fragua SAB de CV<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;22772 | 666364 |
| GCC S.A.B. de C.V. 144A<sup>(a)(b)(c)</sup> | &nbsp;&nbsp;&nbsp;40500 | 378682 |
| Regional SAB de cv<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;76000 | 587653 |
|  |  | 2914092 |
| **Netherlands — 2.36%** | **Netherlands — 2.36%** | **Netherlands — 2.36%** |
| Allfunds Group PLC | &nbsp;&nbsp;&nbsp;109639 | 763642 |
| ASM International N.V.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;682 | 332901 |
| CVC Capital Partners PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;22250 | 429604 |
| IMCD N.V.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1897 | 208631 |
| Redcare Pharmacy N.V. 144A<sup>(a)(b)(c)</sup> | &nbsp;&nbsp;&nbsp;4838 | 539428 |
| Topicus.com, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;5000 | 685624 |
|  |  | 2959830 |
| **Norway — 0.71%** | **Norway — 0.71%** | **Norway — 0.71%** |
| Bouvet ASA | &nbsp;&nbsp;&nbsp;40473 | 295561 |
| Medistim ASA | &nbsp;&nbsp;&nbsp;14562 | 307052 |
| SmartCraft ASA 144A<sup>(a)(b)(c)</sup> | &nbsp;&nbsp;&nbsp;114565 | 292544 |
|  |  | 895157 |
| **Philippines — 1.78%** | **Philippines — 1.78%** | **Philippines — 1.78%** |
| International Container Terminal Services, Inc. | &nbsp;&nbsp;&nbsp;64100 | 493501 |
| Philippine Seven Corp<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;939780 | 855960 |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Fair Value** |
| **COMMON STOCKS — 99.11% (continued)** | **COMMON STOCKS — 99.11% (continued)** | **COMMON STOCKS — 99.11% (continued)** |
| **Philippines — 1.78% (continued)** | **Philippines — 1.78% (continued)** | **Philippines — 1.78% (continued)** |
| Pryce Corp | &nbsp;&nbsp;&nbsp;1012100 | $222283 |
| Puregold Price Club Inc | &nbsp;&nbsp;&nbsp;956100 | 657226 |
|  |  | 2228970 |
| **Poland — 1.30%** | **Poland — 1.30%** | **Poland — 1.30%** |
| Auto Partner SA | &nbsp;&nbsp;&nbsp;101318 | 540752 |
| Dino Polska SA 144A<sup>(a)(b)(c)</sup> | &nbsp;&nbsp;&nbsp;55770 | 738332 |
| Shoper Spolka Akcyjna | &nbsp;&nbsp;&nbsp;26933 | 347147 |
|  |  | 1626231 |
| **Singapore — 0.67%** | **Singapore — 0.67%** | **Singapore — 0.67%** |
| iFast Corporation | &nbsp;&nbsp;&nbsp;54200 | 378204 |
| Riverstone Holdings Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;842600 | 457518 |
|  |  | 835722 |
| **South Korea — 2.56%** | **South Korea — 2.56%** | **South Korea — 2.56%** |
| APR Corp/Korea<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;6765 | 891115 |
| FNS Tech Co Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;34867 | 348275 |
| HPSP Company Ltd. | &nbsp;&nbsp;&nbsp;20531 | 395285 |
| iFamilySC Co Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;36878 | 426010 |
| Kinx Inc. | &nbsp;&nbsp;&nbsp;5054 | 327612 |
| LEENO Industrial Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;15705 | 537171 |
| S&S Tech Corp<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;7835 | 282033 |
|  |  | 3207501 |
| **Sweden — 4.15%** | **Sweden — 4.15%** | **Sweden — 4.15%** |
| AddTech A.B. | &nbsp;&nbsp;&nbsp;7278 | 245385 |
| Idun Industrier AB<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;7278 | 277359 |
| Lifco AB, Class B | &nbsp;&nbsp;&nbsp;6696 | 239171 |
| Momentum Group AB<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;24519 | 389292 |
| Roko AB<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1624 | 438867 |
| RVRC Holding AB | &nbsp;&nbsp;&nbsp;62342 | 283823 |
| Sdiptech AB<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;47317 | 953335 |
| Swedencare AB<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;103473 | 401200 |
| Swedish Logistic<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;95094 | 385228 |
| Teqnion AB | &nbsp;&nbsp;&nbsp;30646 | 470289 |
| Vimian Group AB<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;227145 | 775588 |
| Vitec Software Group | &nbsp;&nbsp;&nbsp;8799 | 342156 |
|  |  | 5201693 |
| **Switzerland — 0.46%** | **Switzerland — 0.46%** | **Switzerland — 0.46%** |
| Inficon Holding A.G. | &nbsp;&nbsp;&nbsp;2930 | 354951 |
| Ypsomed Holding A.G.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;470 | 227113 |
|  |  | 582064 |
| **Taiwan — 3.06%** | **Taiwan — 3.06%** | **Taiwan — 3.06%** |
| 91APP, Inc. | &nbsp;&nbsp;&nbsp;154000 | 423060 |
| Acer E-Enabling Service Business, Inc. | &nbsp;&nbsp;&nbsp;38000 | 297808 |
| Asia Vital Components Co., Ltd. | &nbsp;&nbsp;&nbsp;28000 | 863711 |
| ASPEED Technology, Inc. | &nbsp;&nbsp;&nbsp;3000 | 457189 |
| Chroma ATE, Inc. | &nbsp;&nbsp;&nbsp;32000 | 460397 |
| Sinbon Electronics Co., Limited<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;56000 | 456654 |
| Sporton International, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;52868 | 283581 |
| Voltronic Power Technology<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;15247 | 601279 |
|  |  | 3843679 |
| **United Arab Emirates — 0.44%** | **United Arab Emirates — 0.44%** | **United Arab Emirates — 0.44%** |
| Spinneys 1961 Holding PLC | &nbsp;&nbsp;&nbsp;1263692 | 550448 |
| **United Kingdom — 13.10%** | **United Kingdom — 13.10%** | **United Kingdom — 13.10%** |
| AB Dynamics PLC | &nbsp;&nbsp;&nbsp;21717 | 414436 |
| Advanced Medical Solutions Gro | &nbsp;&nbsp;&nbsp;226016 | 602948 |
| Ashtead Technology Holdings plc | &nbsp;&nbsp;&nbsp;90669 | 402335 |

---

<u>Grandeur Peak Global Reach Fund</u> <u>Portfolio of Investments</u> <br> July 31, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| | **Shares** | **Fair Value** |
| **COMMON STOCKS — 99.11% (continued)** | **COMMON STOCKS — 99.11% (continued)** | **COMMON STOCKS — 99.11% (continued)** |
| **United Kingdom — 13.10% (continued)** | **United Kingdom — 13.10% (continued)** | **United Kingdom — 13.10% (continued)** |
| B & M European Value Retail SA | &nbsp;&nbsp;&nbsp;369166 | $1094042 |
| Cerillion plc | &nbsp;&nbsp;&nbsp;12945 | 259857 |
| CVS Group plc | &nbsp;&nbsp;&nbsp;62290 | 1010197 |
| Diploma plc | &nbsp;&nbsp;&nbsp;19478 | 1383936 |
| Elixirr International PLC | &nbsp;&nbsp;&nbsp;131916 | 1289196 |
| Fevertree Drinks PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;23103 | 290771 |
| FRP Advisory Group PLC | &nbsp;&nbsp;&nbsp;351133 | 593569 |
| Games Workshop Group PLC | &nbsp;&nbsp;&nbsp;1301 | 279890 |
| GlobalData PLC | &nbsp;&nbsp;&nbsp;136552 | 255178 |
| Halma plc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;5886 | 252790 |
| Hill & Smith Holdings plc | &nbsp;&nbsp;&nbsp;20072 | 542092 |
| ICG plc | &nbsp;&nbsp;&nbsp;15200 | 437211 |
| JTC plc 144A<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp;107276 | 1330325 |
| Keystone Law Group PLC | &nbsp;&nbsp;&nbsp;38891 | 317928 |
| Marex Group PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;22914 | 884022 |
| Pensionbee Group PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;188669 | 416108 |
| Petershill Partners PLC 144A<sup>(a)(b)(c)</sup> | &nbsp;&nbsp;&nbsp;206549 | 641033 |
| Pollen Street Group Ltd | &nbsp;&nbsp;&nbsp;61843 | 689322 |
| Raspberry PI Ltd<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;39967 | 218309 |
| Renew Holdings PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;34700 | 386319 |
| Softcat PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;19905 | 429278 |
| Tatton Asset Mgmt | &nbsp;&nbsp;&nbsp;103232 | 995237 |
| Victorian Plumbing Group PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;183100 | 179908 |
| Volution Group PLC | &nbsp;&nbsp;&nbsp;64285 | 568819 |
| Warpaint London plc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;55010 | 265170 |
|  |  | 16430226 |
| **United States — 24.93%** | **United States — 24.93%** | **United States — 24.93%** |
| 4Imprint Group | &nbsp;&nbsp;&nbsp;16043 | 761682 |
| Abacus Life Inc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;80450 | 435235 |
| Accelerant Holdings<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;18250 | 502605 |
| ACV Auctions, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;15922 | 226252 |
| AOTI, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;119607 | 90827 |
| Alamo Group, Inc. | &nbsp;&nbsp;&nbsp;1764 | 392631 |
| Appfolio, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1538 | 411230 |
| Arizona Sonoran Copper Company, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;225545 | 361367 |
| Barrett Business Services, Inc. | &nbsp;&nbsp;&nbsp;10514 | 483329 |
| Bel Fuse, Inc., Class B | &nbsp;&nbsp;&nbsp;5045 | 656052 |
| BellRing Brands, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;4200 | 229236 |
| Bio-Techne Corporation | &nbsp;&nbsp;&nbsp;9404 | 514681 |
| Blue Owl Capital, Inc. | &nbsp;&nbsp;&nbsp;19891 | 384891 |
| Bowman Consulting Group Limited<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;10581 | 366949 |
| Bruker Corporation | &nbsp;&nbsp;&nbsp;11627 | 446826 |
| Burlington Stores, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;948 | 258766 |
| Clearwater Analytics Holdings, Inc.,<br> Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;24613 | 498659 |
| Cloudflare, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1425 | 295944 |
| Core & Main, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;8541 | 543549 |
| Crocs, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;2621 | 261392 |
| Cross Creek LP<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp;1000000 | 572039 |
| Deckers Outdoor Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;2180 | 231451 |
| DexCom, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;5680 | 458774 |
| Dynatrace, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;8467 | 445449 |
| Elastic N.V.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;10785 | 902706 |
| Enerpac Tool Group Corporation | &nbsp;&nbsp;&nbsp;8533 | 328606 |
| Ensign Group, Inc. (The) | &nbsp;&nbsp;&nbsp;1960 | 294000 |
| Esquire Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp;4261 | 408545 |
| Five Below, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;3659 | 499527 |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Fair Value** |
| **COMMON STOCKS — 99.11% (continued)** | **COMMON STOCKS — 99.11% (continued)** | **COMMON STOCKS — 99.11% (continued)** |
| **United States — 24.93% (continued)** | **United States — 24.93% (continued)** | **United States — 24.93% (continued)** |
| FormFactor, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;7238 | $205632 |
| Freshpet, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;10042 | 686070 |
| Global Industrial Company | &nbsp;&nbsp;&nbsp;11298 | 384810 |
| Goosehead Insurance, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;3013 | 273912 |
| GQG Partners Inc | &nbsp;&nbsp;&nbsp;275258 | 362624 |
| Haemonetics Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;4331 | 320667 |
| HealthEquity, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;4159 | 403423 |
| Houlihan Lokey, Inc. | &nbsp;&nbsp;&nbsp;2198 | 419071 |
| IDEXX Laboratories, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;883 | 471796 |
| Insperity, Inc. | &nbsp;&nbsp;&nbsp;4518 | 269182 |
| Installed Building Products, Inc. | &nbsp;&nbsp;&nbsp;1672 | 338229 |
| Iradimed Corporation | &nbsp;&nbsp;&nbsp;4294 | 250512 |
| JFrog Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;23119 | 1003596 |
| Kadant, Inc. | &nbsp;&nbsp;&nbsp;910 | 302821 |
| LeMaitre Vascular, Inc. | &nbsp;&nbsp;&nbsp;3034 | 246482 |
| Littelfuse, Inc. | &nbsp;&nbsp;&nbsp;5416 | 1393699 |
| Lululemon Athletica, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;2225 | 446179 |
| Mama's Creations Incorporated<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;75244 | 621515 |
| Manhattan Associates, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;2199 | 483032 |
| MarketAxess Holdings, Inc. | &nbsp;&nbsp;&nbsp;1630 | 334965 |
| Medpace Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;526 | 224707 |
| Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;768 | 546232 |
| Neogen Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;72302 | 336204 |
| OrthoPediatrics Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;12570 | 260450 |
| P10 Inc | &nbsp;&nbsp;&nbsp;53415 | 657004 |
| Pennant Group, Inc. (The)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;9488 | 210349 |
| Perella Weinberg Partners | &nbsp;&nbsp;&nbsp;46192 | 921068 |
| Pjt Partners, Inc., Class A | &nbsp;&nbsp;&nbsp;2800 | 500136 |
| Primoris Services Corporation | &nbsp;&nbsp;&nbsp;4557 | 429133 |
| Qualys, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;3457 | 460023 |
| Red Violet, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;7844 | 347725 |
| RxSight, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;34296 | 266823 |
| Ryan Specialty Group Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;11034 | 675170 |
| Silicon Laboratories, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;3530 | 465148 |
| SPS Commerce, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;3882 | 422614 |
| Texas Roadhouse, Inc. | &nbsp;&nbsp;&nbsp;1380 | 255479 |
| TPG, Inc. | &nbsp;&nbsp;&nbsp;8531 | 486864 |
| Tradeweb Markets Inc. Class A | &nbsp;&nbsp;&nbsp;2633 | 364802 |
| TWFG Inc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;10612 | 327592 |
| Upwork, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;26920 | 321963 |
| Valvoline, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;6393 | 225353 |
| Yeti Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;17059 | 626748 |
| Zscaler, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;1624 | 463749 |
|  |  | 31276753 |
| **Vietnam — 1.12%** | **Vietnam — 1.12%** | **Vietnam — 1.12%** |
| Asia Commercial Bank JSC | &nbsp;&nbsp;&nbsp;672916 | 590682 |
| Hoa Phat Group JSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;430200 | 409644 |
| Vietnam Technological & Comm Joint-stock Bank<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;311832 | 404637 |
|  |  | 1404963 |
| *Total Common Stocks (Cost $99,160,995)* |  | 124306766 |

---

<u>Grandeur Peak Global Reach Fund</u> <u>Portfolio of Investments</u> <br> July 31, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| | **Shares** | **Fair Value** |
| **PREFERRED STOCKS — 0.78%** | **PREFERRED STOCKS — 0.78%** | **PREFERRED STOCKS — 0.78%** |
| **United States — 0.78%** | **United States — 0.78%** | **United States — 0.78%** |
| Gusto Inc. Preferred Series E<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 32241 | $980126 |
| *Total Preferred Stocks* |  |  |
| *(Cost $979,976)* |  | 980126 |
| *Total Investments — 99.89%* | *Total Investments — 99.89%* |  |
| *(Cost $100,140,971)* | *(Cost $100,140,971)* | 125286892 |
| *Other Assets in Excess of Liabilities — 0.11%* | *Other Assets in Excess of Liabilities — 0.11%* | 136648 |
| *NET ASSETS — 100.00%* | *NET ASSETS — 100.00%* | $125423540 |

---

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> Security was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of July 31, 2025, these securities had a total aggregate market value of $6,882,309, representing 5.49% of net assets.

<sup>(c)</sup> Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. As of July 31, 2025, these securities had a total aggregate market value of $5,537,087, representing 4.41% of net assets.

<sup>(d)</sup> As a result of the use of significant unobservable inputs to determine fair value, these investments have been classified as Level 3 assets.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Grandeur Peak Global Trust

- **b. Investment Company Act file number:** 811-23852

- **c. CIK number of Registrant:** 0001965454

- **d. LEI of Registrant:** 54930009SEWTYKGXPE05

- **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:** 631-470-2688

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

- **a. Name of Series:** GRANDEUR PEAK GLOBAL REACH FUND

- **b. EDGAR series identifier (if any):** S000080372

- **c. LEI of Series:** 54930009VBGMU3G0RM57

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**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:** $125934198.23

**Total Liabilities:** $510658.57

**Net Assets:** $125423539.66

**Cash Not Reported:** $202174.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000242728 | 6.10%                | 4.17%                | -1.70%               |
| Class ID C000242727 | 6.09%                | 4.24%                | -1.74%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1422863.31              | $5802038.04                                |
| Month 2  | $1121827.19              | $4102300.64                                |
| Month 3  | $2074425.41              | $-4180146.11                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CVC Capital Partners PLC                               | CVC Capital Partners PLC                        | CUSIP: G2716N103<br>LEI: 213800E8UQS1KA32YD39 | Long             | EC               | CORP              | JE        |     22250 | NS      | $429604.36    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Star Business Finance Ltd                         | Five-Star Business                              | CUSIP: Y2576G131<br>LEI: 335800SDB5FANSP25Z85 | Long             | EC               | CORP              | IN        |     69189 | NS      | $469575.50    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Tatton Asset Mgmt Plc                                  | Tatton Asset Mgmt                               | CUSIP: G86841106<br>LEI: 213800G2F8I1N7HTVP88 | Long             | EC               | CORP              | GB        |    103232 | NS      | $995237.19    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Wavestone SA                                           | Wavestone                                       | CUSIP: F98323102<br>LEI: 969500GSN25I3B3X6F94 | Long             | EC               | CORP              | FR        |      6460 | NS      | $428552.18    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Apr Co. Ltd.                                           | APR Corp/Korea                                  | CUSIP: Y0R9CJ118<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      6765 | NS      | $891114.53    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Steadfast Group Ltd.                                   | Steadfast Group Ltd                             | CUSIP: Q8744R106<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     97770 | NS      | $373839.41    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Intermediate Holdings Inc.                    | BellRing Brands, Inc.                           | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |      4200 | NS      | $229236.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Melexis NV                                             | Melexis NV                                      | CUSIP: B59283109<br>LEI: 549300QRPSGOJRPUFO80 | Long             | EC               | CORP              | BE        |     10110 | NS      | $779201.87    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinaxis Inc                                            | Kinaxis Inc.                                    | CUSIP: 49448Q109<br>LEI: 5299009VAZ14K7PFUQ15 | Long             | EC               | CORP              | CA        |      5300 | NS      | $786584.87    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Navigator Global Investments Ltd.                      | Navigator Global Investments Limited            | CUSIP: Q6S02S105<br>LEI: 9845000577CDA8B2C946 | Long             | EC               | CORP              | AU        |    378314 | NS      | $465568.61    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Diploma PLC                                            | Diploma plc                                     | CUSIP: G27664112<br>LEI: 2138008OGI7VYG8FGR19 | Long             | EC               | CORP              | GB        |     19478 | NS      | $1383936.08   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Jubilant FoodWorks Ltd.                                | Jubilant Foodworks Ltd                          | CUSIP: Y4S67Z115<br>LEI: 9845000D3B99893F5B14 | Long             | EC               | CORP              | IN        |     37957 | NS      | $284375.88    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AppFolio Inc.                                          | APPFOLIO, INC. CLASS A                          | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |      1538 | NS      | $411230.44    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Vietnam Technological & Commercial Joint Stock Bank    | Vietnam Technological & Comm Joint-stock Bank   | CUSIP: Y937GK104<br>LEI: 5493001XNKHV3FNIUD50 | Long             | EC               | CORP              | VN        |    311832 | NS      | $404636.59    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products Inc                        | Installed Building Products, Inc.               | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |      1672 | NS      | $338228.88    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AZoom co Ltd.                                          | AZOOM Co Ltd                                    | CUSIP: J03827102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     11800 | NS      | $663580.78    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                                          | Valvoline, Inc.                                 | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |      6393 | NS      | $225353.25    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Pollen Street Group Ltd.                               | Pollen Street Group Ltd                         | CUSIP: G7151H107<br>LEI: 894500LP94M98N8CY487 | Long             | EC               | CORP              | GG        |     61843 | NS      | $689322.40    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Pharmanutra Spa                                        | Pharmanutra SpA                                 | CUSIP: T7S298129<br>LEI: 815600F8217BC7733697 | Long             | EC               | CORP              | IT        |      9616 | NS      | $504516.10    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Marklines Co Ltd                                       | MarkLines Company Ltd.                          | CUSIP: J3971M100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     36300 | NS      | $478562.81    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Regional Sab De Cv                                     | Regional SAB de cv                              | CUSIP: P8008V109<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     76000 | NS      | $587652.54    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| IFamilySC Co Ltd                                       | iFamilySC Co Ltd                                | CUSIP: Y4211P104<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     36878 | NS      | $426009.68    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| User Local Inc                                         | User Local inc                                  | CUSIP: J96388103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     49300 | NS      | $625101.79    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp                                            | Neogen Corporation                              | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |     72302 | NS      | $336204.30    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AB Dynamics Plc                                        | AB Dynamics PLC                                 | CUSIP: G0032G109<br>LEI: 213800OFXZP4A7I47K43 | Long             | EC               | CORP              | GB        |     21717 | NS      | $414435.62    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Softcat PLC                                            | Softcat plc                                     | CUSIP: G8251T108<br>LEI: 213800N42YZLR9GLVC42 | Long             | EC               | CORP              | GB        |     19905 | NS      | $429277.14    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Aritzia Inc                                            | Aritzia Inc                                     | CUSIP: 04045U102<br>LEI: 549300U83HKFRL1EX527 | Long             | EC               | CORP              | CA        |      5230 | NS      | $280712.40    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Industrial Company                              | Global Industrials, Co.                         | CUSIP: 37892E102<br>LEI: 5493000GO8Z3HEWCGE46 | Long             | EC               | CORP              | US        |     11298 | NS      | $384809.88    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Topicus Com Inc                                        | Topicus.com, Inc.                               | CUSIP: 89072T102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      5000 | NS      | $685623.56    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BBB Foods Inc                                          | BBB Foods Inc                                   | CUSIP: G0896C103<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |     25460 | NS      | $649739.20    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwool A/S                                           | ROCKWOOL A/S                                    | CUSIP: K8254S250<br>LEI: 213800QRC7LNX935OZ09 | Long             | EC               | CORP              | DK        |      9140 | NS      | $400240.36    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Mader Group Limited                                    | Mader Group Ltd                                 | CUSIP: Q57126106<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     98912 | NS      | $468466.96    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc.                                        | Littelfuse, Inc.                                | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      5416 | NS      | $1393699.28   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LWSA SA                                                | Locaweb Servicos de Internet S                  | CUSIP: P6S00R100<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    605768 | NS      | $409989.77    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ipd Group Limited                                      | IPD Group Ltd/Australia                         | CUSIP: Q496BN109<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    209562 | NS      | $475389.67    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashtead Technology Holdings PLC                        | Ashtead Technology Holdings plc                 | CUSIP: G0609Y103<br>LEI: 213800LHEWVY66RPGR58 | Long             | EC               | CORP              | GB        |     90669 | NS      | $402334.71    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc                            | Ryan Specialty Group Holdings, Inc.             | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11034 | NS      | $675170.46    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| HUB24 Ltd.                                             | HUB24 Ltd                                       | CUSIP: Q4970M176<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |      3884 | NS      | $266196.65    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| GCC, S.A.B. de C.V.                                    | Grupo Cementos de Chihuahua, S.A.B. de C.V      | CUSIP: P4948S124<br>LEI: 254900WY9XL8033CKX68 | Long             | EC               | CORP              | MX        |     40500 | NS      | $378682.45    | 0.30%             |  |  |  | Yes           |                  1 | On Loan: No      |
| iFAST Corporation Ltd.                                 | iFast Corporation                               | CUSIP: Y385EU106<br>LEI: 254900R8J6BPHWK23Z14 | Long             | EC               | CORP              | SG        |     54200 | NS      | $378203.61    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Kitz Corp                                              | Kitz Corp                                       | CUSIP: J34039115<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     31800 | NS      | $268244.09    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings Inc                      | Clearwater Analytics Holdings, Inc.             | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24613 | NS      | $498659.38    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Sdiptech AB (publ)                                     | Sdiptech AB Series B                            | CUSIP: W8T88U113<br>LEI: 549300JBO7VTEGMRW310 | Long             | EC               | CORP              | SE        |     47317 | NS      | $953335.32    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulf Oil Lubricants Ltd                                | Gulf Oil Lubricants India Ltd.                  | CUSIP: Y6985P111<br>LEI: 3358009J8O762GKOHS20 | Long             | EC               | CORP              | IN        |     28792 | NS      | $397790.55    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Patria Investments Limited                             | Patria Investments Limited Class A              | CUSIP: G69451105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27169 | NS      | $379007.55    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspirasi Hidup Indonesia Tbk PT                        | Aspirasi Hidup Ind                              | CUSIP: Y000CY105<br>LEI: 529900WER46RYFNZER60 | Long             | EC               | CORP              | ID        |  14889800 | NS      | $425190.23    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyberark Software Ltd.                                 | Cyberark Software LTD.                          | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | US        |      1754 | NS      | $721718.38    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Addtech AB                                             | AddTech AB                                      | CUSIP: W4260L147<br>LEI: 549300QZ5U2IDRHPWL60 | Long             | EC               | CORP              | SE        |      7278 | NS      | $245384.75    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Formfactor Inc                                         | FormFactor, Inc.                                | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |      7238 | NS      | $205631.58    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Foran Mining Corporation                               | Foran Mining Corp                               | CUSIP: 344911201<br>LEI: 529900LRYPIWB6RISB58 | Long             | EC               | CORP              | CA        |    127649 | NS      | $236762.36    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Auto Partner Sa                                        | Auto Partner SA                                 | CUSIP: X02685117<br>LEI: 259400NXH0FT0MF6PV21 | Long             | EC               | CORP              | PL        |    101318 | NS      | $540752.01    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| S&S Tech Corporation                                   | S&S Tech Corp                                   | CUSIP: Y8T37R177<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      7835 | NS      | $282032.58    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc.                                  | Medpace Holdings, Inc.                          | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |       526 | NS      | $224707.20    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Upwork Inc                                             | Upwork Inc. Class A                             | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |     26920 | NS      | $321963.20    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| B&M European Value Retail SA                           | B & M European Value Retail SA                  | CUSIP: L1175H106<br>LEI: 213800UK7ZRLY2K1X530 | Long             | EC               | CORP              | GB        |    369166 | NS      | $1094041.86   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                                            | Zscaler, Inc.                                   | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |      1624 | NS      | $463749.44    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHOTT Pharma AG & Co KGaA                             | Schott Pharma AG & Co                           | CUSIP: D6T79R108<br>LEI: 529900TU48UE99NHEY88 | Long             | EC               | CORP              | DE        |      9587 | NS      | $260528.20    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Home First Finance Company India Limited               | Home First Finance Co India Lt                  | CUSIP: Y3269P107<br>LEI: 335800LHIN24IFBBN535 | Long             | EC               | CORP              | IN        |     27756 | NS      | $384492.33    | 0.31%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Raspberry Pi Holdings PLC                              | Raspberry PI Ltd                                | CUSIP: G7385Z105<br>LEI: 984500F5FB0E4FEBED17 | Long             | EC               | CORP              | GB        |     39967 | NS      | $218308.91    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ASM International N.V.                                 | ASM International NV                            | CUSIP: N07045201<br>LEI: 7245001I22ND6ZFHX623 | Long             | EC               | CORP              | NL        |       682 | NS      | $332901.35    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Indigo Paints Ltd.                                     | Indigo Paints Ltd                               | CUSIP: Y3939M104<br>LEI: 3358007YDYB5P8I6HB69 | Long             | EC               | CORP              | IN        |     18371 | NS      | $251966.16    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Monday.Com Limited                                     | Monday.com Ltd                                  | CUSIP: M7S64H106<br>LEI: 984500MDAFVD86E3B328 | Long             | EC               | CORP              | IL        |       901 | NS      | $236323.29    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Maruwa Co Ltd                                          | Maruwa Co Ltd/Aichi                             | CUSIP: J40573107<br>LEI: 3538009BXGIG8PFXNI29 | Long             | EC               | CORP              | JP        |      1900 | NS      | $578842.66    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Sporton International Inc                              | Sporton International, Inc.                     | CUSIP: Y8129X109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52868 | NS      | $283581.11    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Fevertree Drinks PLC                                   | FEVERTREE DRINKS PLC                            | CUSIP: G33929103<br>LEI: 2138007AJRLHRVQZLD07 | Long             | EC               | CORP              | GB        |     23103 | NS      | $290770.72    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudent Corporate Advisory Services Ltd.               | Prudent Corporate Advisory Ser                  | CUSIP: Y711E1131<br>LEI: 335800YN8XGUHYLE4R90 | Long             | EC               | CORP              | IN        |     14078 | NS      | $470115.71    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ewell Co Ltd.                                          | eWeLL Co Ltd                                    | CUSIP: J23835101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     33700 | NS      | $531444.22    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Goosehead Insurance Inc                                | Goosehead Insurance, Inc.                       | CUSIP: 38267D109<br>LEI: 549300WH5MBIWHJ9XY95 | Long             | EC               | CORP              | US        |      3013 | NS      | $273911.83    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Renew Holdings                                         | Renew Holdings PLC                              | CUSIP: G7490A102<br>LEI: 213800O3DC3V4WYA2E09 | Long             | EC               | CORP              | GB        |     34700 | NS      | $386319.33    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| 2G Energy Ag                                           | 2G Energy AG                                    | CUSIP: D8453H103<br>LEI: 529900GC2NUJ6F0TSK26 | Long             | EC               | CORP              | DE        |      8473 | NS      | $352154.83    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Rise Consulting Group Inc.                             | Rise Consulting Group Inc                       | CUSIP: J6522L109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     80700 | NS      | $679662.32    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Richelieu Hardware Ltd.                                | Richelieu Hardware, Ltd.                        | CUSIP: 76329W103<br>LEI: 5493007VPNETW465DN04 | Long             | EC               | CORP              | CA        |      9549 | NS      | $238931.75    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Netwealth Group Ltd.                                   | Netwealth Group Ltd                             | CUSIP: Q6625S102<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     10260 | NS      | $247450.55    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Pryce Corp                                             | Pryce Corp                                      | CUSIP: Y7115M127<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |   1012100 | NS      | $222282.83    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Insource Co Ltd                                        | Insource Co Ltd                                 | CUSIP: J2467H104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     58800 | NS      | $359910.87    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                                         | Cloudflare, Inc. Class A                        | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |      1425 | NS      | $295944.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Victorian Plumbing Group Plc                           | Victorian Plumbing Group PLC                    | CUSIP: G9345Z100<br>LEI: 894500R59II0S4WXGZ04 | Long             | EC               | CORP              | GB        |    183100 | NS      | $179908.08    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                          | Dynatrace, Inc.                                 | CUSIP: 268150109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8467 | NS      | $445448.87    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc.                          | Monolithic Power Systems, Inc.                  | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |       768 | NS      | $546232.32    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Group PLC                                          | CVS Group plc                                   | CUSIP: G27234106<br>LEI: 213800J41XDQ2NX48O05 | Long             | EC               | CORP              | GB        |     62290 | NS      | $1010197.04   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Orthopediatrics Corp.                                  | OrthoPediatrics Corp.                           | CUSIP: 68752L100<br>LEI: 5493000KUTPFGOPAT717 | Long             | EC               | CORP              | US        |     12570 | NS      | $260450.40    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | Gusto Inc. Preferred Series E                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |     32241 | NS      | $980126.40    | 0.78%             |  |  |  | No            |                  3 | On Loan: No      |
| IMCD NV                                                | IMCD N.V.                                       | CUSIP: N4447S106<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |      1897 | NS      | $208631.01    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Techtronic Industries Co. Ltd.                         | Techtronic Industries Co Limited                | CUSIP: Y8563B159<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |     52700 | NS      | $633072.95    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| HPSP Co Ltd.                                           | HPSP Co Ltd                                     | CUSIP: Y3R2Z4107<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     20531 | NS      | $395285.57    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Bajaj Finance Ltd.                                     | Bajaj Finance Limited                           | CUSIP: Y0547D153<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |     35018 | NS      | $352690.70    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                                        | Core & Main Inc. - Class A                      | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8541 | NS      | $543549.24    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinx Inc                                               | Kinx Inc.                                       | CUSIP: Y4791X105<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      5054 | NS      | $327612.33    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Rakus Co Ltd.                                          | Rakus Co Ltd                                    | CUSIP: J6S879103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     25000 | NS      | $387946.47    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| RxSight Inc.                                           | RxSight Inc                                     | CUSIP: 78349D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34296 | NS      | $266822.88    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ADV Med Solutions                                      | Advanced Medical Solutions Gro                  | CUSIP: G0098X103<br>LEI: 213800HJP6OWOSZI1L74 | Long             | EC               | CORP              | GB        |    226016 | NS      | $602948.12    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Lemaitre Vascular Inc.                                 | LeMaitre Vascular, Inc.                         | CUSIP: 525558201<br>LEI: 549300FZUBUB7MHY8R17 | Long             | EC               | CORP              | US        |      3034 | NS      | $246482.16    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Bowman Consulting Group Ltd                            | Bowman Consulting Group Limited                 | CUSIP: 103002101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10581 | NS      | $366949.08    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Riverstone Holding Ltd.                                | Riverstone Holdings Ltd.                        | CUSIP: Y7302Q105<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    842600 | NS      | $457518.60    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Pensionbee Group Plc                                   | Pensionbee Group PLC                            | CUSIP: G6994Z100<br>LEI: 2138008663P5FHPGZV74 | Long             | EC               | CORP              | GB        |    188669 | NS      | $416108.33    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Roko AB                                                | Roko AB                                         | CUSIP: W72732113<br>LEI: 549300X76X1DK285JB13 | Long             | EC               | CORP              | SE        |      1624 | NS      | $438867.35    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia Commercial Joint Stock Bank                       | Asia Commercial Bank JSC                        | CUSIP: Y0324N101<br>LEI: 5493001VSLUXY7LJS086 | Long             | EC               | CORP              | VN        |    672916 | NS      | $590682.70    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| System Support Holdings Inc.                           | System Support, Inc.                            | CUSIP: J78650108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     34600 | NS      | $618143.96    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc.                              | MarketAxess Holdings, Inc.                      | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |      1630 | NS      | $334965.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Elixirr International Plc                              | Elixirr International PLC                       | CUSIP: G3002J103<br>LEI: 213800MKY7OHMVAKW681 | Long             | EC               | CORP              | GB        |    131916 | NS      | $1289194.93   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group Inc.                           | Descartes Systems Group                         | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |      3400 | NS      | $359213.34    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Vimian Group AB                                        | Vimian Group AB                                 | CUSIP: W981A4114<br>LEI: 549300OQ8R5TCAP0BS18 | Long             | EC               | CORP              | SE        |    227145 | NS      | $775588.21    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Rvrc Holding Ab                                        | RVRC Holding AB                                 | CUSIP: W7282E108<br>LEI: 549300YU7003VHQV3J57 | Long             | EC               | CORP              | SE        |     62342 | NS      | $283822.93    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group Inc                                        | Alamo Group, Inc.                               | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |      1764 | NS      | $392631.12    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Selamat Sempurna  Tbk PT                               | Selamat Sempurna Tbk PT                         | CUSIP: Y7139P148<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   4399400 | NS      | $530579.56    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Esquire Financial Holdings Inc                         | Esquire Financial Holdings, Inc.                | CUSIP: 29667J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4261 | NS      | $408544.68    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services Inc.                         | Barrett Business Services, Inc.                 | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |     10514 | NS      | $483328.58    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Elastic NV                                             | Elastic N.V.                                    | CUSIP: N14506104<br>LEI: 2549003I48WHHH937I59 | Long             | EC               | CORP              | NL        |     10785 | NS      | $902704.50    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Next Vision Stabilized Systems Ltd                     | Next Vision Stabilized Systems                  | CUSIP: M7S8CE118<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     16199 | NS      | $666019.28    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Huafeng Test & Control Technology Co Ltd.      | Beijing Huafeng Test & Control                  | CUSIP: Y0S02Y106<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     24000 | NS      | $475386.79    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sidetrade                                              | Sidetrade                                       | CUSIP: F81862108<br>LEI: 969500C43H7W90FX6G79 | Long             | EC               | CORP              | FR        |      1279 | NS      | $327124.91    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Bls International Services Ltd                         | BLS International Services Ltd                  | CUSIP: Y0R18P124<br>LEI: 335800SN9BX5PUTSHV77 | Long             | EC               | CORP              | IN        |     93999 | NS      | $408312.01    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotobuki Spirits Co Ltd.                               | Kotobuki Spirits Co Ltd                         | CUSIP: J36383107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     18300 | NS      | $246659.35    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Voltronic Power Technology Corp.                       | Voltronic Power Technology                      | CUSIP: Y937BE103<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     15247 | NS      | $601278.66    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ICG PLC                                                | Intermediate Capital Group PLC                  | CUSIP: G4807D192<br>LEI: 549300OGASR5WRKJ8R68 | Long             | EC               | RF                | GB        |     15200 | NS      | $437210.78    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Leeno Industrial                                       | LEENO Industrial Inc.                           | CUSIP: Y5254W104<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     15705 | NS      | $537171.41    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Vitec Software Group AB                                | Vitec Software Group                            | CUSIP: W9820M113<br>LEI: 5493005EB5RV1QHE6H94 | Long             | EC               | CORP              | SE        |      8799 | NS      | $342155.61    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG Inc                                                | TPG Inc                                         | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |      8531 | NS      | $486864.17    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| 4imprint Group PLC                                     | 4Imprint Group                                  | CUSIP: G36555103<br>LEI: 213800G95T751RN2CT94 | Long             | EC               | CORP              | GB        |     16043 | NS      | $761682.32    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Yeti Holdings Inc                                      | Yeti Holdings, Inc.                             | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     17059 | NS      | $626747.66    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                                             | Qualys, Inc.                                    | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |      3457 | NS      | $460022.99    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Acer E-Enabling Service Business Inc.                  | Acer E-Enabling Service Busine                  | CUSIP: Y001LZ100<br>LEI: 2549006Z3IVAZIQEUM25 | Long             | EC               | CORP              | TW        |     38000 | NS      | $297807.63    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Planisware SA                                          | Planisware SAS                                  | CUSIP: F7S918135<br>LEI: 969500356FAUM2X41Q59 | Long             | EC               | CORP              | FR        |     11232 | NS      | $273169.22    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Seimitsu Co Ltd                                  | Tokyo Seimitsu Company Limited                  | CUSIP: J87903100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5100 | NS      | $322990.30    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SJS Enterprises Ltd.                                   | SJS Enterprises Ltd                             | CUSIP: Y8066B102<br>LEI: 984500E74D93F3F04562 | Long             | EC               | CORP              | IN        |     46425 | NS      | $651171.58    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Accelerant Holdings                                    | Accelerant Holdings                             | CUSIP: G00894108<br>LEI: 529900G48AUHCKJ6EU64 | Long             | EC               | CORP              | KY        |     18250 | NS      | $502605.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Iradimed Corp.                                         | Iradimed Corporation                            | CUSIP: 46266A109<br>LEI: 549300YVHWP0YJ1YW816 | Long             | EC               | CORP              | US        |      4294 | NS      | $250511.96    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PR Times Corp.                                         | PR Times Corp                                   | CUSIP: J6409K109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17900 | NS      | $342582.60    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Games Workshop Group PLC                               | Games Workshop Group PLC                        | CUSIP: G3715N102<br>LEI: 213800RP9QJQYGWHNT41 | Long             | EC               | CORP              | GB        |      1301 | NS      | $279890.25    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Biosyent Inc                                           | BioSyent Inc                                    | CUSIP: 090690108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     31300 | NS      | $255487.15    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Medistim Asa                                           | Medistim ASA                                    | CUSIP: R448B2105<br>LEI: 5967007LIEEXZXJOX483 | Long             | EC               | CORP              | NO        |     14562 | NS      | $307052.35    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Moncler S.p.A.                                         | Moncler S.p.A.                                  | CUSIP: T6730E110<br>LEI: 815600EBD7FB00525B20 | Long             | EC               | CORP              | IT        |      3827 | NS      | $205114.62    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia Vital Components Co Ltd                           | Asia Vital Components Co., Ltd.                 | CUSIP: Y0392D100<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     28000 | NS      | $863712.32    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp.                                | Primoris Services Corporation                   | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |      4557 | NS      | $429132.69    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| DiaSorin S.p.A.                                        | Diasorin SPA                                    | CUSIP: T3475Y104<br>LEI: 8156002878BDF0EE4348 | Long             | EC               | CORP              | IT        |      4806 | NS      | $470283.40    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTA Sports Products Ltd.                              | ANTA Sports Products Ltd.                       | CUSIP: G04011105<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | CN        |     23400 | NS      | $268280.94    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| International Container Terminal Services Inc.         | International Container Terminal Services, Inc. | CUSIP: Y41157101<br>LEI: 254900FU1MWK0I0Q4J61 | Long             | EC               | CORP              | PH        |     64100 | NS      | $493500.60    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| P10 Inc                                                | P10 Inc                                         | CUSIP: 69376K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53415 | NS      | $657004.50    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TWFG Inc.                                              | TWFG Inc                                        | CUSIP: 87318A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10612 | NS      | $327592.44    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc.                                 | Burlington Stores, Inc.                         | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |       948 | NS      | $258766.08    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| GQG Partners Inc.                                      | GQG Partners Inc                                | CUSIP: U3825H106<br>LEI: 254900I3AQSQQQA75U50 | Long             | EC               | CORP              | AU        |    275258 | NS      | $362623.80    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Redcare Pharmacy N.V                                   | Redcare Pharmacy N.V.                           | CUSIP: N7975Z103<br>LEI: 529900JK6UXHY1YKZ082 | Long             | EC               | CORP              | NL        |      4838 | NS      | $539427.61    | 0.43%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Icon PLC                                               | ICON plc                                        | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | US        |      2570 | NS      | $434818.30    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedencare Ab                                          | Swedencare AB                                   | CUSIP: W942AH117<br>LEI: 549300FZT7YIF6SWX789 | Long             | EC               | CORP              | SE        |    103473 | NS      | $401199.51    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corporation                                     | Bruker Corporation                              | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |     11627 | NS      | $446825.61    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                             | Kadant, Inc.                                    | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |       910 | NS      | $302820.70    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Wix.com Limited                                        | Wix.com Limited NON PFIC PER PROSPECTUS         | CUSIP: M98068105<br>LEI: 5493008P6N29Q1AG9464 | Long             | EC               | CORP              | US        |      2104 | NS      | $286207.12    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Globaldata PLC                                         | GlobalData PLC                                  | CUSIP: G3932U111<br>LEI: 2138005I669UO6PJXM24 | Long             | EC               | CORP              | GB        |    136552 | NS      | $255178.39    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                                         | Five Below, Inc.                                | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |      3659 | NS      | $499526.68    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Totech Corp                                            | Totech Corp                                     | CUSIP: J9012S105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13700 | NS      | $260564.74    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners                              | Perella Weinberg Partners                       | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46192 | NS      | $921068.48    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Investment Management Group Ltd.              | Pinnacle Investment Management Group            | CUSIP: Q75485104<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     75869 | NS      | $1091156.24   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Track & Field Co SA                                    | Track & Field Co SA                             | CUSIP: P92071102<br>LEI: N/A                  | Long             | EP               | CORP              | BR        |    196300 | NS      | $509346.58    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartadinata Abadi                                      | Hartadinata Abadi Tbk PT                        | CUSIP: Y2731W104<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   5799200 | NS      | $220213.86    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                                           | Freshpet, Inc.                                  | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |     10042 | NS      | $686069.44    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Volution Group PLC                                     | Volution Group PLC                              | CUSIP: G93824103<br>LEI: 213800EPT84EQCDHO768 | Long             | EC               | CORP              | GB        |     64285 | NS      | $568818.67    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Uls Group Inc                                          | ULS Group Inc                                   | CUSIP: J94062106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     16100 | NS      | $780475.35    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpump Group S.p.A.                                 | Interpump Group SpA                             | CUSIP: T5513W107<br>LEI: 815600C79D0F31F4D395 | Long             | EC               | CORP              | IT        |     16534 | NS      | $678879.47    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Puregold Price Club Inc.                               | Puregold Price Club Inc                         | CUSIP: Y71617107<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |    956100 | NS      | $657226.33    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| PB Fintech Ltd.                                        | PB Fintech Ltd                                  | CUSIP: Y67616287<br>LEI: 98450083AC6B01HF1F87 | Long             | EC               | CORP              | IN        |     31819 | NS      | $659017.38    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Abacus Global Management Inc.                          | Abacus Life Inc                                 | CUSIP: 00258Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80450 | NS      | $435234.50    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Recordati Industria Chimica e Farmaceutica S.p.A.      | Recordati SpA                                   | CUSIP: T78458139<br>LEI: 815600FBF92FD3531704 | Long             | EC               | CORP              | IT        |     14684 | NS      | $845025.80    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Sigmaxyz Holdings Inc                                  | SIGMAXYZ Holdings Inc                           | CUSIP: J7550V100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    109900 | NS      | $882587.50    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Smartcraft Asa                                         | SmartCraft ASA                                  | CUSIP: R7T54K113<br>LEI: 5493008ELCGPWZHWUX47 | Long             | EC               | CORP              | NO        |    114565 | NS      | $292543.73    | 0.23%             |  |  |  | Yes           |                  1 | On Loan: No      |
| PJT Partners Inc.                                      | Pjt Partners, Inc. CLASS A                      | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |      2800 | NS      | $500136.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Charm Care Corporation                                 | Charm Care Corp KK                              | CUSIP: J0625A102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     26500 | NS      | $233729.46    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Philippine Seven Corp.                                 | Philippine Seven Corp                           | CUSIP: Y6955M106<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |    939780 | NS      | $855960.47    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                                        | Bio-Techne Corporation                          | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |      9404 | NS      | $514680.92    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualitas Limited                                       | Qualitas Ltd                                    | CUSIP: Q7S90A105<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    194284 | NS      | $449471.37    | 0.36%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Allfunds Group Plc                                     | Allfunds Group Plc                              | CUSIP: G0236L102<br>LEI: 9598005U8TZQ8Q64SC71 | Long             | EC               | CORP              | GB        |    109639 | NS      | $763642.27    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Angelalign Technology Inc.                             | Angelalign Technology Inc                       | CUSIP: G0405D105<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     34000 | NS      | $255542.05    | 0.20%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Shenzhen New Industries Biomedical Engineering Co Ltd. | Shenzhen New Industries Biomed                  | CUSIP: Y774FY102<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     34200 | NS      | $263712.67    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| 91App Inc                                              | 91APP Inc                                       | CUSIP: G6525T102<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    154000 | NS      | $423059.96    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Laboratories, Inc.                             | Silicon Laboratories, Inc.                      | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |      3530 | NS      | $465148.10    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                                          | Insperity, Inc.                                 | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |      4518 | NS      | $269182.44    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Dermapharm Holding SE                                  | Dermapharm Holding SE                           | CUSIP: D1T0ZJ103<br>LEI: 5299009F0KNZINQQQK37 | Long             | EC               | CORP              | DE        |     16500 | NS      | $631137.25    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Marex Group Plc                                        | Marex Group PLC                                 | CUSIP: G5S37H101<br>LEI: 549300DWX0SVICJAL507 | Long             | EC               | CORP              | GB        |     22914 | NS      | $884022.12    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Proya Cosmetics Co Ltd.                                | Proya Cosmetics Co Ltd                          | CUSIP: Y7S88X100<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     38800 | NS      | $441822.73    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Centre Testing International Group Co Ltd.             | Centre Testing Int                              | CUSIP: Y1252N105<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    209200 | NS      | $353596.29    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Arizona Sonoran Copper Company Inc                     | Arizona Sonoran Copper Co Inc                   | CUSIP: 04058Q105<br>LEI: 549300C8J16JPSINEM53 | Long             | EC               | CORP              | CA        |    225545 | NS      | $361366.84    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                    | Cross Creek LP                                  | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | US        |   1000000 | NS      | $572039.00    | 0.46%             |  |  |  | No            |                  3 | On Loan: No      |
| Baycurrent Inc.                                        | BayCurrent Consulting, Inc.                     | CUSIP: J0433F103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     19800 | NS      | $1139201.83   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Bouvet Asa                                             | Bouvet ASA                                      | CUSIP: R13781100<br>LEI: 5967007LIEEXZXFMBC26 | Long             | EC               | CORP              | NO        |     40473 | NS      | $295561.09    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Sesa S.p.A. (Gia/ Made In Italy 1 SpA)                 | Sesa SpA                                        | CUSIP: T8T09M129<br>LEI: 81560005C031D4E76707 | Long             | EC               | CORP              | IT        |      3859 | NS      | $292134.85    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Elevator Service Hldgs Co Ltd                    | Japan Elevator Service Holdings Company Ltd.    | CUSIP: J2S19B100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     22800 | NS      | $614626.58    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| HOA Phat Group Jsc                                     | Hoa Phat Group                                  | CUSIP: Y3231H100<br>LEI: 549300ODJEFGL5CWKD32 | Long             | EC               | CORP              | VN        |    430200 | NS      | $409643.92    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp                                       | Haemonetics Corporation                         | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |      4331 | NS      | $320667.24    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mama's Creations, Inc                                  | Mama's Creations Incorporated                   | CUSIP: 56146T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75244 | NS      | $621515.44    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ATOSS Software SE                                      | Atoss Software AG                               | CUSIP: D0426N101<br>LEI: 529900Q9G9280ADNOA39 | Long             | EC               | CORP              | DE        |      1543 | NS      | $207542.13    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ma Financial Group Ltd                                 | MA Financial Group Ltd                          | CUSIP: Q57129100<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    223317 | NS      | $1172482.42   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Keystone Law Group Plc                                 | Keystone Law Group PLC                          | CUSIP: G5251T104<br>LEI: 213800RTARHELL51S215 | Long             | EC               | CORP              | GB        |     38891 | NS      | $317928.28    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Pennant Group Inc                                      | Pennant Group, Inc. (The)                       | CUSIP: 70805E109<br>LEI: 5493007H2OYR6BYLDA64 | Long             | EC               | CORP              | US        |      9488 | NS      | $210348.96    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cerillion Plc                                          | Cerillion plc                                   | CUSIP: G2028X104<br>LEI: 213800ISIZMUC3P46850 | Long             | EC               | CORP              | GB        |     12945 | NS      | $259857.37    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mensch & Maschine Software AG                          | Mensch und Maschine Software S                  | CUSIP: D5345W108<br>LEI: 391200KPS0L1YQ88JY41 | Long             | EC               | CORP              | DE        |      5895 | NS      | $345299.73    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Revenio Group Corp.                                    | Revenio Group Oyj                               | CUSIP: X7354Z103<br>LEI: 743700I27E0FWSXLKK04 | Long             | EC               | CORP              | FI        |      7763 | NS      | $233120.46    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Red Violet Inc                                         | Red Violet, Inc.                                | CUSIP: 75704L104<br>LEI: 549300T4EGADG881UU63 | Long             | EC               | CORP              | US        |      7844 | NS      | $347724.52    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurofins Scientific SE                                 | Eurofins Scientific                             | CUSIP: L31839134<br>LEI: 529900JEHFM47DYY3S57 | Long             | EC               | CORP              | FR        |      9512 | NS      | $731157.62    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Jupiter Life Line Hospitals Ltd.                       | Jupiter Life Line Hospitals Lt                  | CUSIP: Y4S77P107<br>LEI: 335800O7XGF2IIMHP506 | Long             | EC               | CORP              | IN        |     12486 | NS      | $204073.94    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Plover Bay Technologies Ltd                            | Plover Bay Tech                                 | CUSIP: G71332103<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |   1055800 | NS      | $895751.07    | 0.71%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Ypsomed Holding AG                                     | Ypsomed Holding AG                              | CUSIP: H9725B102<br>LEI: 391200QLIOTTBNPNSI14 | Long             | EC               | CORP              | CH        |       470 | NS      | $227113.24    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoper Sa                                              | Shoper Spolka Akcyjna                           | CUSIP: X7807K117<br>LEI: 259400HA8L5O5KQEIV88 | Long             | EC               | CORP              | LU        |     26933 | NS      | $347146.99    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Lifco AB                                               | Lifco AB                                        | CUSIP: W5321L166<br>LEI: 549300RTLL4VDQRCTW41 | Long             | EC               | CORP              | SE        |      6696 | NS      | $239170.96    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Elmos Semiconductor Se                                 | Elmos Semiconductor AG                          | CUSIP: D2462G107<br>LEI: 529900UMKKDCAP4P4H63 | Long             | EC               | CORP              | DE        |      6912 | NS      | $694514.73    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Plus Alpha Consulting Co Ltd.                          | Plus Alpha Consulting                           | CUSIP: J63934103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     38000 | NS      | $580858.65    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc                                   | TRADEWEB MARKETS INC. CLASS A                   | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2633 | NS      | $364802.15    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DPC Dash Ltd.                                          | DPC Dash LTD.                                   | CUSIP: G2R04S104<br>LEI: 254900OG7TEI5GQICO05 | Long             | EC               | CORP              | VG        |     32300 | NS      | $349746.11    | 0.28%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Corporacion Inmobiliaria Vesta S A B De C V            | Corp Inmobiliaria Vesta SAB de                  | CUSIP: P9781N108<br>LEI: 4469000001BIRIFZJ959 | Long             | EC               | CORP              | MX        |    224100 | NS      | $631654.12    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinbon Electronics Co., Ltd.                           | Sinbon Electronics Co., Limited                 | CUSIP: Y7989R103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56000 | NS      | $456653.97    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Azelis Group Nv                                        | Azelis Group N.V.                               | CUSIP: B0R5SJ106<br>LEI: 699400M9RRMTV264FM70 | Long             | EC               | CORP              | BE        |     27048 | NS      | $422489.88    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Petershill Partners Plc                                | Petershill Partners PLC                         | CUSIP: G52314104<br>LEI: 213800HTCF8A7XM22A32 | Long             | EC               | CORP              | GB        |    206549 | NS      | $641032.95    | 0.51%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Supriya Lifescience Ltd                                | Supriya Lifescience Ltd                         | CUSIP: Y83141112<br>LEI: 894500RBVJX1EOJP0Y02 | Long             | EC               | CORP              | IN        |     31201 | NS      | $235810.09    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc.                                    | HOULIHAN LOKEY, INC.                            | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      2198 | NS      | $419070.68    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| JTC PLC                                                | JTC plc                                         | CUSIP: G5211H117<br>LEI: 213800DVUG4KLF2ASK33 | Long             | EC               | CORP              | JE        |    107276 | NS      | $1330324.41   | 1.06%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Manhattan Associates Inc                               | Manhattan Associates, Inc.                      | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |      2199 | NS      | $483032.34    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Baltic Classifieds Group PLC                           | Baltic Classifieds Group                        | CUSIP: G07167102<br>LEI: 213800I1RPHCFSSQS969 | Long             | EC               | CORP              | GB        |     85807 | NS      | $405690.78    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Silergy Corporation                                    | Silergy Corp                                    | CUSIP: G8190F102<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     89700 | NS      | $974283.14    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| ASPEED Technology Inc.                                 | ASPEED Technology, Inc.                         | CUSIP: Y04044106<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $457188.69    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| PT Cisarua Mountain Dairy Tbk                          | Cisarua Mountain Dairy PT TBK                   | CUSIP: Y163EZ106<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   1025000 | NS      | $310757.03    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hennge K K                                             | Hennge KK                                       | CUSIP: J20457107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     48800 | NS      | $544005.73    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                                       | SPS Commerce, Inc.                              | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |      3882 | NS      | $422613.93    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Momentum Group AB                                      | Momentum Group AB                               | CUSIP: W5659A121<br>LEI: 549300QOHUWQMD9G3757 | Long             | EC               | CORP              | SE        |     24519 | NS      | $389291.87    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Eqt Holdings Limited                                   | EQT Holdings Ltd                                | CUSIP: Q35952102<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     17964 | NS      | $375996.07    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs Inc                                              | Crocs, Inc.                                     | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |      2621 | NS      | $261392.33    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                                    | Texas Roadhouse, Inc.                           | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      1380 | NS      | $255479.40    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Corporativo Fragua  S.A.B. de C.V.                     | Corporativo Fragua SAB de CV                    | CUSIP: P31444105<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     22772 | NS      | $666363.30    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| FRP Advisory Group Plc                                 | FRP Advisory Group PLC                          | CUSIP: G371BX103<br>LEI: 213800IPCG6DE1CVLY36 | Long             | EC               | CORP              | GB        |    351133 | NS      | $593568.73    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerpac Tool Group Corp                                | Enerpac Tool Group Corporation                  | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |      8533 | NS      | $328605.83    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Dino Polska SA                                         | Dino Polska SA                                  | CUSIP: X188AF102<br>LEI: 259400H4L81SMPRTW956 | Long             | EC               | CORP              | PL        |     55770 | NS      | $738331.52    | 0.59%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Jeol Ltd                                               | Jeol Ltd.                                       | CUSIP: J23317100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12900 | NS      | $374696.61    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Chroma Ate Inc                                         | Chroma Ate Inc                                  | CUSIP: Y1604M102<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     32000 | NS      | $460397.03    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Teqnion AB                                             | Teqnion AB                                      | CUSIP: W9590R110<br>LEI: 549300DRF7FY7VRFTX41 | Long             | EC               | CORP              | SE        |     30646 | NS      | $470289.52    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Warpaint London Plc                                    | Warpaint London plc                             | CUSIP: G94524108<br>LEI: 213800EBJ2CN6KIDCO78 | Long             | EC               | CORP              | GB        |     55010 | NS      | $265169.70    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthequity Inc                                       | HealthEquity, Inc.                              | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |      4159 | NS      | $403423.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Chapters Group AG                                      | CHAPTERS Group AG                               | CUSIP: D5S93D120<br>LEI: 3912001BNTWG0PIZYX13 | Long             | EC               | CORP              | DE        |      7745 | NS      | $389107.10    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Mateus SA                                        | Grupo Mateus SA                                 | CUSIP: P5R16Z107<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    315987 | NS      | $411362.05    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Spinneys 1961 Holding PLC                              | Spinneys 1961 Holding PLC                       | CUSIP: M8559F100<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |   1263692 | NS      | $550448.44    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| LT Foods Ltd                                           | LT Foods Ltd                                    | CUSIP: Y5341V127<br>LEI: 3358008WEECK49DUO516 | Long             | EC               | CORP              | IN        |     90320 | NS      | $502169.48    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Integral Corp.                                         | Integral Corp                                   | CUSIP: J2401C104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     29900 | NS      | $693001.71    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc                                       | Ensign Group, Inc. (The)                        | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      1960 | NS      | $294000.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanlorenzo S.p.A.                                      | Sanlorenzo SpA/Ameglia                          | CUSIP: T2R0BA101<br>LEI: 8156006C71E895860132 | Long             | EC               | CORP              | IT        |      7268 | NS      | $245641.47    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Newgen Software Technologies Limited                   | Newgen Software Techno                          | CUSIP: Y6S19P103<br>LEI: N/A                  | Long             | EC               | CORP              | IN        |     25375 | NS      | $246201.54    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Aoti Inc.                                              | Advanced Oxygen Therapy                         | CUSIP: 03690C102<br>LEI: 213800ZGCNDSTWIRK687 | Long             | EC               | CORP              | US        |    119607 | NS      | $90826.77     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Timee Inc.                                             | Timee Inc                                       | CUSIP: J83432104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     23300 | NS      | $314747.93    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc.                               | Lululemon Athletica, Inc.                       | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |      2225 | NS      | $446179.25    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                                  | Deckers Outdoor Corporation                     | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      2180 | NS      | $231450.60    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc.                                | IDEXX Laboratories, Inc.                        | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |       883 | NS      | $471795.73    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Bosideng International Holdings Ltd.                   | Bosideng International Holdings, Ltd.           | CUSIP: G12652106<br>LEI: 254900G7F1RDM4B3S169 | Long             | EC               | CORP              | KY        |    438000 | NS      | $249967.52    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermador Groupe                                       | Thermador Groupe                                | CUSIP: F91651194<br>LEI: 969500SSIGMAGT008F11 | Long             | EC               | CORP              | FR        |      2637 | NS      | $246296.64    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| DexCom Inc                                             | DexCom, Inc.                                    | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      5680 | NS      | $458773.60    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Virbac SA                                              | Virbac SA                                       | CUSIP: F97900116<br>LEI: 969500QQ1X5XHG649644 | Long             | EC               | CORP              | FR        |      3160 | NS      | $1253825.07   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hill & Smith PLC                                       | Hill & Smith Holdings PLC                       | CUSIP: G45080101<br>LEI: 2138003A3ISGQZBOWI83 | Long             | EC               | CORP              | GB        |     20072 | NS      | $542092.45    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| INFICON Holding AG                                     | Inficon Holding A.G.                            | CUSIP: H7190K128<br>LEI: 5067008UT6890I0YM937 | Long             | EC               | CORP              | CH        |      2930 | NS      | $354950.39    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedish Logistic Property AB                           | Swedish Logistic                                | CUSIP: W9545H142<br>LEI: 254900AWRHP1QNE6OQ19 | Long             | EC               | CORP              | SE        |     95094 | NS      | $385228.03    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BEL Fuse Inc                                           | Bel Fuse, Inc.                                  | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |      5045 | NS      | $656051.80    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Aditya Vision Ltd                                      | Aditya Vision Ltd                               | CUSIP: Y0R1BF114<br>LEI: 335800SCGYWDDBIW5L36 | Long             | EC               | CORP              | IN        |     72753 | NS      | $328205.77    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd                                              | JFrog Ltd.                                      | CUSIP: M6191J100<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     23119 | NS      | $1003595.79   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Visional Inc.                                          | Visional Inc                                    | CUSIP: J94590106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10200 | NS      | $803248.14    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc                                   | Blue Owl Capital Inc.                           | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19891 | NS      | $384890.85    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| X-FAB Silicon Foundries SE                             | X-Fab Silicon Foundries S.E.                    | CUSIP: B9901Z101<br>LEI: 5493003UDPENPUQBJH65 | Long             | EC               | CORP              | BE        |     85863 | NS      | $626962.65    | 0.50%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Idun Industrier AB (publ)                              | Idun Industrier AB                              | CUSIP: W4R43P101<br>LEI: 549300SDE3LON0ZFLE07 | Long             | EC               | CORP              | SE        |      7278 | NS      | $277359.12    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BRBI BR PARTNERS S.A.                                  | BR Advisory Partners                            | CUSIP: P1S70G118<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    140000 | NS      | $388013.86    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ACV Auctions Inc                                       | ACV Auctions, Inc.                              | CUSIP: 00091G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15922 | NS      | $226251.62    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Varun Beverages Ltd.                                   | Varun Beverages Ltd                             | CUSIP: Y9T53H143<br>LEI: 33580058NWEMWBDNMD48 | Long             | EC               | CORP              | IN        |     49208 | NS      | $293922.82    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Halma PLC                                              | Halma plc                                       | CUSIP: G42504103<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |      5886 | NS      | $252790.17    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Fns Tech Co Ltd                                        | FNS Tech Co Ltd                                 | CUSIP: Y8T1DV100<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     34867 | NS      | $348274.97    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-29

**Name of Applicant:** Grandeur Peak Global Trust

**Signature:** Grandeur Peak Global Trust

**Name of Signer:** Sarah Criger

**Title:** VP, Fund Accounting