# EDGAR Filing Document

**Accession Number:** 0001313559
**File Stem:** 0000950123-23-000370
**Filing Date:** 2023-1
**Character Count:** 21181
**Document Hash:** 0f43ce40db169840de130f3335d5cdba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950123-23-000370.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0000950123-23-000370

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**EFFECTIVENESS DATE**: 20230126

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Yorktown Management & Research Co Inc
- **CENTRAL INDEX KEY:** 0001313559
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12529
- **FILM NUMBER:** 23553832

**BUSINESS ADDRESS:**
- **STREET 1:** 106 ANNJO COURT SUITE A
- **CITY:** FOREST
- **STATE:** VA
- **ZIP:** 24551
- **BUSINESS PHONE:** 800-544-6060

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

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Yorktown Management  Research Co Inc<br>**Address:** 106 Annjo Court Suite A<br>Forest, VA 24551

**Form 13F File Number:** 028-12529

**CRD Number (if applicable):** 000105083

**SEC File Number (if applicable):** 028-12529

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

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

**Name:** David D. Basten<br>**Title:** President<br>**Phone:** (434) 846-1361

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

David D. Basten  Forest, VA  01-26-2023<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 181

**Form 13F Information Table Value Total:** $81788351

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Advanced Drainage Systems Inc. | COM | 00790R104 |  | 254107 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| Alaska Air Group Inc. | COM | 011659109 |  | 498104 | 11600 | SH |  | SOLE |  | 11600 | 0 | 0 |
| Align Technology Inc. | COM | 016255101 |  | 363803 | 1725 | SH |  | SOLE |  | 1725 | 0 | 0 |
| AllianceBernstein Holding LP | UNIT LTD PARTN | 01881G106 |  | 336826 | 9800 | SH |  | SOLE |  | 9800 | 0 | 0 |
| Alpha Metallurgical Resources Inc. | COM | 020764106 |  | 585560 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| U-Haul Holdings Co. | COM SER N | 023586506 |  | 267203 | 4860 | SH |  | SOLE |  | 4860 | 0 | 0 |
| American Equity Investment Life Holding Co. | COM | 025676206 |  | 725358 | 15900 | SH |  | SOLE |  | 15900 | 0 | 0 |
| Amkor Technology Inc. | COM | 031652100 |  | 834504 | 34800 | SH |  | SOLE |  | 34800 | 0 | 0 |
| Arista Networks Inc. | COM | 040413106 |  | 297308 | 2450 | SH |  | SOLE |  | 2450 | 0 | 0 |
| Atkore International Group Inc. | COM | 047649108 |  | 430996 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| BJ's Wholesale Club Holdings Inc. | COM | 05550J101 |  | 853464 | 12900 | SH |  | SOLE |  | 12900 | 0 | 0 |
| Bank OZK | COM | 06417N103 |  | 348522 | 8700 | SH |  | SOLE |  | 8700 | 0 | 0 |
| Berry Plastics Group Inc. | COM | 08579W103 |  | 480419 | 7950 | SH |  | SOLE |  | 7950 | 0 | 0 |
| Bio-Techne Corp. | COM | 09073M104 |  | 397824 | 4800 | SH |  | SOLE |  | 4800 | 0 | 0 |
| BioNTech SE | SPONSORED ADS | 09075V102 |  | 262885 | 1750 | SH |  | SOLE |  | 1750 | 0 | 0 |
| Boyd Gaming Corp. | COM | 103304101 |  | 289009 | 5300 | SH |  | SOLE |  | 5300 | 0 | 0 |
| Buckle Inc. | COM | 118440106 |  | 371870 | 8200 | SH |  | SOLE |  | 8200 | 0 | 0 |
| CBRE Group Inc. | CL A | 12504L109 |  | 515632 | 6700 | SH |  | SOLE |  | 6700 | 0 | 0 |
| CDW Corp. | COM | 12514G108 |  | 392876 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| CH Robinson Worldwide Inc. | COM NEW | 12541W209 |  | 315882 | 3450 | SH |  | SOLE |  | 3450 | 0 | 0 |
| Calix Inc. | COM | 13100M509 |  | 352415 | 5150 | SH |  | SOLE |  | 5150 | 0 | 0 |
| The Carlyle Group Inc. | COM | 14316J108 |  | 316304 | 10600 | SH |  | SOLE |  | 10600 | 0 | 0 |
| Catalyst Pharmaceuticals Inc. | COM | 14888U101 |  | 930000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| Charles River Laboratories International Inc. | COM | 159864107 |  | 392220 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| Chico's FAS Inc. | COM | 168615102 |  | 531852 | 108100 | SH |  | SOLE |  | 108100 | 0 | 0 |
| Cirrus Logic Inc. | COM | 172755100 |  | 350056 | 4700 | SH |  | SOLE |  | 4700 | 0 | 0 |
| Cleveland-Cliffs Inc. | COM | 185899101 |  | 1024596 | 63600 | SH |  | SOLE |  | 63600 | 0 | 0 |
| Commercial Metals Co. | COM | 201723103 |  | 420210 | 8700 | SH |  | SOLE |  | 8700 | 0 | 0 |
| Concentrix Corp. | COM | 20602D101 |  | 359532 | 2700 | SH |  | SOLE |  | 2700 | 0 | 0 |
| Copart Inc. | COM | 217204106 |  | 286183 | 4700 | SH |  | SOLE |  | 4700 | 0 | 0 |
| QuidelOrtho Corp. | COM | 219798105 |  | 428350 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CoStar Group Inc. | COM | 22160N109 |  | 312984 | 4050 | SH |  | SOLE |  | 4050 | 0 | 0 |
| D.R. Horton Inc. | COM | 23331A109 |  | 320904 | 3600 | SH |  | SOLE |  | 3600 | 0 | 0 |
| Descartes Systems Group Inc./The | COM | 249906108 |  | 571130 | 8200 | SH |  | SOLE |  | 8200 | 0 | 0 |
| Dick's Sporting Goods Inc. | COM | 253393102 |  | 745798 | 6200 | SH |  | SOLE |  | 6200 | 0 | 0 |
| DocGo Inc. | COM | 256086109 |  | 354207 | 50100 | SH |  | SOLE |  | 50100 | 0 | 0 |
| Dollar General Corp. | COM | 256677105 |  | 289344 | 1175 | SH |  | SOLE |  | 1175 | 0 | 0 |
| DraftKings Inc. | COM CL A | 26142V105 |  | 131668 | 11560 | SH |  | SOLE |  | 11560 | 0 | 0 |
| Driven Brands Holdings Inc. | COM | 26210V102 |  | 436960 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| Etsy Inc. | COM | 29786A106 |  | 576860 | 4816 | SH |  | SOLE |  | 4816 | 0 | 0 |
| Evercore Partners Inc. | CLASS A | 29977A105 |  | 259065 | 2375 | SH |  | SOLE |  | 2375 | 0 | 0 |
| Exact Sciences Corp. | COM | 30063P105 |  | 314884 | 6360 | SH |  | SOLE |  | 6360 | 0 | 0 |
| ExlService Holdings Inc. | COM | 302081104 |  | 931865 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| Expeditors International of Washington Inc. | COM | 302130109 |  | 270192 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| FTI Consulting Inc. | COM | 302941109 |  | 524040 | 3300 | SH |  | SOLE |  | 3300 | 0 | 0 |
| First BanCorp. (Puerto Rico) | COM NEW | 318672706 |  | 768288 | 60400 | SH |  | SOLE |  | 60400 | 0 | 0 |
| FirstService Corp. | COM | 33767E202 |  | 281865 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| Five Below Inc. | COM | 33829M101 |  | 424488 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| Fortinet Inc. | COM | 34959E109 |  | 562235 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| Future Brands Innovations Inc. | COM | 34964C106 |  | 259851 | 4550 | SH |  | SOLE |  | 4550 | 0 | 0 |
| Franco-Nevada Corp. | COM | 351858105 |  | 327552 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| Franklin Electric Co. Inc. | COM | 353514102 |  | 478500 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| Franklin Resources Inc. | COM | 354613101 |  | 253248 | 9600 | SH |  | SOLE |  | 9600 | 0 | 0 |
| Generac Holdings Inc. | COM | 368736104 |  | 483168 | 4800 | SH |  | SOLE |  | 4800 | 0 | 0 |
| Genmab A/S | SPONSORED ADS | 372303206 |  | 703508 | 16600 | SH |  | SOLE |  | 16600 | 0 | 0 |
| Globus Medical Inc. | CL A | 379577208 |  | 475328 | 6400 | SH |  | SOLE |  | 6400 | 0 | 0 |
| Gray Television Inc. | COM | 389375106 |  | 289262 | 25850 | SH |  | SOLE |  | 25850 | 0 | 0 |
| Hologic Inc | COM | 436440101 |  | 344126 | 4600 | SH |  | SOLE |  | 4600 | 0 | 0 |
| Houlihan Lokey Inc. | CL A | 441593100 |  | 335566 | 3850 | SH |  | SOLE |  | 3850 | 0 | 0 |
| JB Hunt Transport Services Inc. | COM | 445658107 |  | 261540 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| Huntsman Corp. | COM | 447011107 |  | 629292 | 22900 | SH |  | SOLE |  | 22900 | 0 | 0 |
| Incyte Corp. | COM | 45337C102 |  | 248992 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| Ingersoll Rand Inc. | COM | 45687V106 |  | 506825 | 9700 | SH |  | SOLE |  | 9700 | 0 | 0 |
| Insulet Corp. | COM | 45784P101 |  | 632939 | 2150 | SH |  | SOLE |  | 2150 | 0 | 0 |
| Intellia Therapeutics Inc. | COM | 45826J105 |  | 443103 | 12700 | SH |  | SOLE |  | 12700 | 0 | 0 |
| Intercontinental Exchange Inc. | COM | 45866F104 |  | 215439 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| Intuitive Surgical Inc. | COM NEW | 46120E602 |  | 238815 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| Jabil Inc. | COM | 466313103 |  | 613800 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| JD.com Inc. | SPON ADR CL A | 47215P106 |  | 286263 | 5100 | SH |  | SOLE |  | 5100 | 0 | 0 |
| Jefferies Financial Group Inc. | COM | 47233W109 |  | 253672 | 7400 | SH |  | SOLE |  | 7400 | 0 | 0 |
| KLA-Tencor Corp. | COM NEW | 482480100 |  | 565545 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| KKR  Co. LP | COM | 48251W104 |  | 450274 | 9700 | SH |  | SOLE |  | 9700 | 0 | 0 |
| Keurig Dr Pepper Inc. | COM | 49271V100 |  | 338770 | 9500 | SH |  | SOLE |  | 9500 | 0 | 0 |
| Knight-Swift Transportation Holdings Inc. | CL A | 499049104 |  | 398316 | 7600 | SH |  | SOLE |  | 7600 | 0 | 0 |
| Kratos Defense  Security Solutions Inc. | COM NEW | 50077B207 |  | 134820 | 13064 | SH |  | SOLE |  | 13064 | 0 | 0 |
| Kulicke  Soffa Industries Inc. | COM | 501242101 |  | 323098 | 7300 | SH |  | SOLE |  | 7300 | 0 | 0 |
| LHC Group Inc. | COM | 50187A107 |  | 339549 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| LCI Industries | COM | 50189K103 |  | 443760 | 4800 | SH |  | SOLE |  | 4800 | 0 | 0 |
| LPL Financial Holdings Inc. | COM | 50212V100 |  | 2313019 | 10700 | SH |  | SOLE |  | 10700 | 0 | 0 |
| Landstar System Inc. | COM | 515098101 |  | 366525 | 2250 | SH |  | SOLE |  | 2250 | 0 | 0 |
| Lattice Semiconductor Corp. | COM | 518415104 |  | 856416 | 13200 | SH |  | SOLE |  | 13200 | 0 | 0 |
| Lithia Motors Inc. | COM | 536797103 |  | 429954 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| Louisiana-Pacific Corp. | COM | 546347105 |  | 298960 | 5050 | SH |  | SOLE |  | 5050 | 0 | 0 |
| MarketAxess Holdings Inc. | COM | 57060D108 |  | 306779 | 1100 | SH |  | SOLE |  | 1100 | 0 | 0 |
| Masimo Corp. | COM | 574795100 |  | 288503 | 1950 | SH |  | SOLE |  | 1950 | 0 | 0 |
| Matador Resources Co. | COM | 576485205 |  | 314820 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| Matson Inc. | COM | 57686G105 |  | 693861 | 11100 | SH |  | SOLE |  | 11100 | 0 | 0 |
| Mattel Inc. | COM | 577081102 |  | 322904 | 18100 | SH |  | SOLE |  | 18100 | 0 | 0 |
| Medpace Holdings Inc. | COM | 58506Q109 |  | 382338 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| Monolithic Power Systems Inc. | COM | 609839105 |  | 459693 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| Morningstar Inc. | COM | 617700109 |  | 1017973 | 4700 | SH |  | SOLE |  | 4700 | 0 | 0 |
| Mueller Industries Inc. | COM | 624756102 |  | 1113094 | 18866 | SH |  | SOLE |  | 18866 | 0 | 0 |
| NV5 Global Inc. | COM | 62945V109 |  | 1376128 | 10400 | SH |  | SOLE |  | 10400 | 0 | 0 |
| Nano Dimension Ltd. | SPONSORD ADS NEW | 63008G203 |  | 132940 | 57800 | SH |  | SOLE |  | 57800 | 0 | 0 |
| Nexstar Media Group Inc. | COMMON STOCK | 65336K103 |  | 280048 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| Northern Oil and Gas Inc. | COM | 665531307 |  | 335938 | 10900 | SH |  | SOLE |  | 10900 | 0 | 0 |
| Novanta Inc. | COM | 67000B104 |  | 1127721 | 8300 | SH |  | SOLE |  | 8300 | 0 | 0 |
| Nutrien Ltd. | COM | 67077M108 |  | 460089 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| OGE Energy Corp. | COM | 670837103 |  | 268940 | 6800 | SH |  | SOLE |  | 6800 | 0 | 0 |
| Old Dominion Freight Line Inc. | COM | 679580100 |  | 368914 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| PTC Inc. | COM | 69370C100 |  | 336112 | 2800 | SH |  | SOLE |  | 2800 | 0 | 0 |
| Paylocity Holdings Corp. | COM | 70438V106 |  | 495363 | 2550 | SH |  | SOLE |  | 2550 | 0 | 0 |
| PennantPark Investment Corp. | COM | 708062104 |  | 441025 | 76700 | SH |  | SOLE |  | 76700 | 0 | 0 |
| Penumbra Inc. | COM | 70975L107 |  | 411551 | 1850 | SH |  | SOLE |  | 1850 | 0 | 0 |
| Performance Food Group Co. | COM | 71377A103 |  | 251077 | 4300 | SH |  | SOLE |  | 4300 | 0 | 0 |
| PerkinElmer Inc. | COM | 714046109 |  | 273429 | 1950 | SH |  | SOLE |  | 1950 | 0 | 0 |
| Pool Corp. | COM | 73278L105 |  | 426285 | 1410 | SH |  | SOLE |  | 1410 | 0 | 0 |
| Power Integrations Inc. | COM | 739276103 |  | 251020 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| PulteGroup Inc. | COM | 745867101 |  | 414323 | 9100 | SH |  | SOLE |  | 9100 | 0 | 0 |
| Qorvo Inc. | COM | 74736K101 |  | 271920 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| Qualys Inc. | COM | 74758T303 |  | 527481 | 4700 | SH |  | SOLE |  | 4700 | 0 | 0 |
| RH | COM | 74967X103 |  | 347347 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| Rambus Inc. | COM | 750917106 |  | 1128330 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| Range Resources Corp. | COM | 75281A109 |  | 495396 | 19800 | SH |  | SOLE |  | 19800 | 0 | 0 |
| Raymond James Financial Inc. | COM | 754730109 |  | 689183 | 6450 | SH |  | SOLE |  | 6450 | 0 | 0 |
| Repligen Corp. | COM | 759916109 |  | 1312153 | 7750 | SH |  | SOLE |  | 7750 | 0 | 0 |
| Robinhood Markets Inc. | COM CL A | 770700102 |  | 145706 | 17900 | SH |  | SOLE |  | 17900 | 0 | 0 |
| Rollins Inc. | COM | 775711104 |  | 266742 | 7300 | SH |  | SOLE |  | 7300 | 0 | 0 |
| SPS Commerce Inc. | COM | 78463M107 |  | 809109 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| SS Technologies Holdings Inc. | COM | 78467J100 |  | 265506 | 5100 | SH |  | SOLE |  | 5100 | 0 | 0 |
| Sabine Royalty Trust | UNIT BEN INT | 785688102 |  | 260623 | 3050 | SH |  | SOLE |  | 3050 | 0 | 0 |
| Saia Inc. | COM | 78709Y105 |  | 629040 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| SandRidge Energy Inc. | COM NEW | 80007P869 |  | 321867 | 18900 | SH |  | SOLE |  | 18900 | 0 | 0 |
| Science Applications International Corp. | COM | 808625107 |  | 360523 | 3250 | SH |  | SOLE |  | 3250 | 0 | 0 |
| Signify Health Inc. | CL A COM | 82671G100 |  | 326724 | 11400 | SH |  | SOLE |  | 11400 | 0 | 0 |
| SiteOne Landscape Supply Inc. | COM | 82982L103 |  | 263970 | 2250 | SH |  | SOLE |  | 2250 | 0 | 0 |
| Southern Copper Corp. | COM | 84265V105 |  | 380457 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| Steel Dynamics Inc. | COM | 858119100 |  | 346835 | 3550 | SH |  | SOLE |  | 3550 | 0 | 0 |
| Stifel Financial Corp. | COM | 860630102 |  | 286013 | 4900 | SH |  | SOLE |  | 4900 | 0 | 0 |
| STMicroelectronics NV | NY REGISTRY | 861012102 |  | 334358 | 9400 | SH |  | SOLE |  | 9400 | 0 | 0 |
| StoneX Group Inc. | COM | 861896108 |  | 419320 | 4400 | SH |  | SOLE |  | 4400 | 0 | 0 |
| STORE Capital Corp. | COM | 862121100 |  | 522578 | 16300 | SH |  | SOLE |  | 16300 | 0 | 0 |
| Sun Communities Inc. | COM | 866674104 |  | 343200 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| Super Micro Computer Inc. | COM | 86800U104 |  | 256563 | 3125 | SH |  | SOLE |  | 3125 | 0 | 0 |
| Synopsys Inc. | COM | 871607107 |  | 485321 | 1520 | SH |  | SOLE |  | 1520 | 0 | 0 |
| TD SYNNEX Corp. | COM | 87162W100 |  | 378840 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| Take-Two Interactive Software Inc. | COM | 874054109 |  | 354042 | 3400 | SH |  | SOLE |  | 3400 | 0 | 0 |
| TechTarget Inc. | COM | 87874R100 |  | 898824 | 20400 | SH |  | SOLE |  | 20400 | 0 | 0 |
| Tegna Inc. | COM | 87901J105 |  | 584844 | 27600 | SH |  | SOLE |  | 27600 | 0 | 0 |
| Teledyne Technologies Inc. | COM | 879360105 |  | 586668 | 1467 | SH |  | SOLE |  | 1467 | 0 | 0 |
| Tenet Healthcare Corp. | COM NEW | 88033G407 |  | 497658 | 10200 | SH |  | SOLE |  | 10200 | 0 | 0 |
| Teradyne Inc. | COM | 880770102 |  | 423997 | 4854 | SH |  | SOLE |  | 4854 | 0 | 0 |
| Ternium SA | SPONSORED ADS | 880890108 |  | 252884 | 8275 | SH |  | SOLE |  | 8275 | 0 | 0 |
| Texas Pacific Land Corp. | COM | 88262P102 |  | 410240 | 175 | SH |  | SOLE |  | 175 | 0 | 0 |
| Trade Desk Inc./The | COM CL A | 88339J105 |  | 416022 | 9280 | SH |  | SOLE |  | 9280 | 0 | 0 |
| Thor Industries Inc. | COM | 885160101 |  | 251004 | 3325 | SH |  | SOLE |  | 3325 | 0 | 0 |
| Toro Co./The | COM | 891092108 |  | 362240 | 3200 | SH |  | SOLE |  | 3200 | 0 | 0 |
| Tractor Supply Co. | COM | 892356106 |  | 629916 | 2800 | SH |  | SOLE |  | 2800 | 0 | 0 |
| Tradeweb Markets Inc. | CL A | 892672106 |  | 314911 | 4850 | SH |  | SOLE |  | 4850 | 0 | 0 |
| TravelCenters of America Inc. | COM NEW | 89421B109 |  | 416454 | 9300 | SH |  | SOLE |  | 9300 | 0 | 0 |
| Trex Co. Inc. | COM | 89531P105 |  | 351339 | 8300 | SH |  | SOLE |  | 8300 | 0 | 0 |
| Tyler Technologies Inc. | COM | 902252105 |  | 531977 | 1650 | SH |  | SOLE |  | 1650 | 0 | 0 |
| UFP Industries Inc. | COM | 90278Q108 |  | 499275 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| United Community Banks Inc. | COM | 90984P303 |  | 784160 | 23200 | SH |  | SOLE |  | 23200 | 0 | 0 |
| United Microelectronics Corp. | SPON ADR NEW | 910873405 |  | 280137 | 42900 | SH |  | SOLE |  | 42900 | 0 | 0 |
| Uranium Energy Corp. | COM | 916896103 |  | 388000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VAALCO Energy Inc. | COM NEW | 91851C201 |  | 305976 | 67100 | SH |  | SOLE |  | 67100 | 0 | 0 |
| Veeva Systems Inc. | CL A COM | 922475108 |  | 421202 | 2610 | SH |  | SOLE |  | 2610 | 0 | 0 |
| Vulcan Materials Co. | COM | 929160109 |  | 560352 | 3200 | SH |  | SOLE |  | 3200 | 0 | 0 |
| WNS Holdings Ltd. | SPON ADR | 92932M101 |  | 559930 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| Wabtec Corp. | COM | 929740108 |  | 394250 | 3950 | SH |  | SOLE |  | 3950 | 0 | 0 |
| WESCO International Inc. | COM | 95082P105 |  | 450720 | 3600 | SH |  | SOLE |  | 3600 | 0 | 0 |
| Westlake Corp. | COM | 960413102 |  | 312747 | 3050 | SH |  | SOLE |  | 3050 | 0 | 0 |
| Winnebago Industries Inc. | COM | 974637100 |  | 432140 | 8200 | SH |  | SOLE |  | 8200 | 0 | 0 |
| Wintrust Financial Corp. | COM | 97650W108 |  | 625448 | 7400 | SH |  | SOLE |  | 7400 | 0 | 0 |
| Arcos Dorados Holdings Inc. | SHS CLASS -A - | G0457F107 |  | 373692 | 44700 | SH |  | SOLE |  | 44700 | 0 | 0 |
| Dlocal Ltd./Uruguay | CLASS A COM | G29018101 |  | 308286 | 19800 | SH |  | SOLE |  | 19800 | 0 | 0 |
| Genpact Ltd. | SHS | G3922B107 |  | 518784 | 11200 | SH |  | SOLE |  | 11200 | 0 | 0 |
| Genius Sports Ltd. | SHARES CL A | G3934V109 |  | 155652 | 43600 | SH |  | SOLE |  | 43600 | 0 | 0 |
| Grab Holdings Ltd. | CLASS A ORD | G4124C109 |  | 167440 | 52000 | SH |  | SOLE |  | 52000 | 0 | 0 |
| ICON PLC | SHS | G4705A100 |  | 475913 | 2450 | SH |  | SOLE |  | 2450 | 0 | 0 |
| NU Holdings Ltd./Cayman Islands | ORD SHS CL A | G6683N103 |  | 129019 | 31700 | SH |  | SOLE |  | 31700 | 0 | 0 |
| Royalty Pharma PLC | SHS CLASS A | G7709Q104 |  | 212222 | 5370 | SH |  | SOLE |  | 5370 | 0 | 0 |
| StoneCo Ltd. | COM CL A | G85158106 |  | 148208 | 15700 | SH |  | SOLE |  | 15700 | 0 | 0 |
| Garmin Ltd. | SHS | H2906T109 |  | 295328 | 3200 | SH |  | SOLE |  | 3200 | 0 | 0 |
| Logitech International S.A. | SHS | H50430232 |  | 466875 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| Globant SA | COM | L44385109 |  | 386768 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| CyberArk Software Ltd. | SHS | M2682V108 |  | 401915 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| Perion Network Ltd. | SHS NEW | M78673114 |  | 1161270 | 45900 | SH |  | SOLE |  | 45900 | 0 | 0 |
| QIAGEN NV | SHS NEW | N72482123 |  | 304207 | 6100 | SH |  | SOLE |  | 6100 | 0 | 0 |
| Kenon Holdings Ltd. | SHS | Y46717107 |  | 429000 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |

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