# EDGAR Filing Document

**Accession Number:** 0001738726
**File Stem:** 0001628280-25-052325
**Filing Date:** 2025-11
**Character Count:** 47765
**Document Hash:** d9aa72426e8f94cc382c8131d2b7b7d3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-25-052325.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001628280-25-052325

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ceredex Value Advisors LLC
- **CENTRAL INDEX KEY:** 0001738726

**ORGANIZATION NAME:**
- **EIN:** 261482988
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** 549300XJ44OJZRRKLX83

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18745
- **FILM NUMBER:** 251485313

**BUSINESS ADDRESS:**
- **STREET 1:** 1290 PALMETTO AVENUE
- **CITY:** WINTER PARK
- **STATE:** FL
- **ZIP:** 32789
- **BUSINESS PHONE:** 407-674-1270

**MAIL ADDRESS:**
- **STREET 1:** 1290 PALMETTO AVENUE
- **CITY:** WINTER PARK
- **STATE:** FL
- **ZIP:** 32789

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [x] **Amendment Number:** 1

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Ceredex Value Advisors LLC<br>**Address:** 1290 PALMETTO AVENUE<br>WINTER PARK, FL 32789

**Form 13F File Number:** 028-18745

**CRD Number (if applicable):** 000146023

**SEC File Number (if applicable):** 801-68739

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:** Matthew Carney<br>**Title:** Chief Compliance Officer<br>**Phone:** 860-503-1346

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

Matthew Carney  Brookhaven, GA  11-14-2025<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 2

**Form 13F Information Table Entry Total:** 453

**Form 13F Information Table Value Total:** $4312489876

      (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.]

| No.   | Name                           | Form 13F File Number   |
|:---|:---|:---|
|  | VIRTUS CAPITAL ADVISERS LLC    | 028-11308              |
|  | Virtus Investment Advisers LLC | 028-00085              |

### 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 |
| 3M CO | COM | 88579Y101 |  | 14886883 | 95933 | SH |  | OTR |  | 0 | 95933 | 0 |
| 3M CO | COM | 88579Y101 |  | 32438517 | 209038 | SH |  | SOLE |  | 209038 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 2659785 | 17140 | SH |  | OTR |  | 0 | 0 | 17140 |
| AAON INC | COM PAR $0.004 | 000360206 |  | 20477376 | 219150 | SH |  | OTR |  | 0 | 219150 | 0 |
| AAON INC | COM PAR $0.004 | 000360206 |  | 10110208 | 108200 | SH |  | SOLE |  | 108200 | 0 | 0 |
| AAON INC | COM PAR $0.004 | 000360206 |  | 3391872 | 36300 | SH |  | SOLE |  | 0 | 0 | 36300 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 2921168 | 58400 | SH |  | OTR |  | 0 | 58400 | 0 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 4466786 | 89300 | SH |  | SOLE |  | 89300 | 0 | 0 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 1880752 | 37600 | SH |  | SOLE |  | 0 | 0 | 37600 |
| ADVANCED ENERGY INDS | COM | 007973100 |  | 5130402 | 30154 | SH |  | OTR |  | 0 | 30154 | 0 |
| ADVANCED ENERGY INDS | COM | 007973100 |  | 8046941 | 47296 | SH |  | SOLE |  | 47296 | 0 | 0 |
| ADVANCED ENERGY INDS | COM | 007973100 |  | 3283702 | 19300 | SH |  | SOLE |  | 0 | 0 | 19300 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 21562800 | 168000 | SH |  | OTR |  | 0 | 168000 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 2823700 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 3900096 | 54900 | SH |  | OTR |  | 0 | 54900 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 6009984 | 84600 | SH |  | SOLE |  | 84600 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 2493504 | 35100 | SH |  | SOLE |  | 0 | 0 | 35100 |
| ALLY FINL INC | COM | 02005N100 |  | 4547200 | 116000 | SH |  | OTR |  | 0 | 116000 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 7028560 | 179300 | SH |  | SOLE |  | 179300 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 2979200 | 76000 | SH |  | SOLE |  | 0 | 0 | 76000 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 19152041 | 78637 | SH |  | OTR |  | 0 | 78637 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 42873081 | 176034 | SH |  | SOLE |  | 176034 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 3295962 | 13533 | SH |  | OTR |  | 0 | 0 | 13533 |
| AMEREN CORP | COM | 023608102 |  | 15605436 | 149506 | SH |  | OTR |  | 0 | 149506 | 0 |
| AMEREN CORP | COM | 023608102 |  | 34892877 | 334287 | SH |  | SOLE |  | 334287 | 0 | 0 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 15900150 | 478200 | SH |  | OTR |  | 0 | 478200 | 0 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 2074800 | 62400 | SH |  | SOLE |  | 62400 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 12646963 | 65760 | SH |  | OTR |  | 0 | 65760 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 27955058 | 145357 | SH |  | SOLE |  | 145357 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 2515546 | 13080 | SH |  | OTR |  | 0 | 0 | 13080 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 3802760 | 133900 | SH |  | OTR |  | 0 | 133900 | 0 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 5860340 | 206350 | SH |  | SOLE |  | 206350 | 0 | 0 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 2436720 | 85800 | SH |  | SOLE |  | 0 | 0 | 85800 |
| AON PLC | SHS CL A | G0403H108 |  | 11198751 | 31406 | SH |  | OTR |  | 0 | 31406 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 24881796 | 69779 | SH |  | SOLE |  | 69779 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 2349149 | 6588 | SH |  | OTR |  | 0 | 0 | 6588 |
| AUTOLIV INC | COM | 052800109 |  | 2507050 | 20300 | SH |  | OTR |  | 0 | 20300 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 3809975 | 30850 | SH |  | SOLE |  | 30850 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 1605500 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| AVIENT CORPORATION | COM | 05368V106 |  | 3047875 | 92500 | SH |  | OTR |  | 0 | 92500 | 0 |
| AVIENT CORPORATION | COM | 05368V106 |  | 4705260 | 142800 | SH |  | SOLE |  | 142800 | 0 | 0 |
| AVIENT CORPORATION | COM | 05368V106 |  | 2037958 | 61850 | SH |  | SOLE |  | 0 | 0 | 61850 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 3793680 | 39600 | SH |  | OTR |  | 0 | 39600 | 0 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 5906070 | 61650 | SH |  | SOLE |  | 61650 | 0 | 0 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 2423740 | 25300 | SH |  | SOLE |  | 0 | 0 | 25300 |
| BANK AMERICA CORP | COM | 060505104 |  | 12936554 | 250757 | SH |  | OTR |  | 0 | 250757 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 28958189 | 561314 | SH |  | SOLE |  | 561314 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 2511143 | 48675 | SH |  | OTR |  | 0 | 0 | 48675 |
| BATH  BODY WORKS INC | COM | 070830104 |  | 2457504 | 95400 | SH |  | OTR |  | 0 | 95400 | 0 |
| BATH  BODY WORKS INC | COM | 070830104 |  | 3760960 | 146000 | SH |  | SOLE |  | 146000 | 0 | 0 |
| BATH  BODY WORKS INC | COM | 070830104 |  | 1585528 | 61550 | SH |  | SOLE |  | 0 | 0 | 61550 |
| BELDEN INC | COM | 077454106 |  | 4233504 | 35200 | SH |  | OTR |  | 0 | 35200 | 0 |
| BELDEN INC | COM | 077454106 |  | 6461506 | 53725 | SH |  | SOLE |  | 53725 | 0 | 0 |
| BELDEN INC | COM | 077454106 |  | 2712089 | 22550 | SH |  | SOLE |  | 0 | 0 | 22550 |
| BEST BUY INC | COM | 086516101 |  | 11176636 | 147800 | SH |  | OTR |  | 0 | 147800 | 0 |
| BEST BUY INC | COM | 086516101 |  | 1489714 | 19700 | SH |  | SOLE |  | 19700 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 10688353 | 106937 | SH |  | OTR |  | 0 | 106937 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 23563113 | 235749 | SH |  | SOLE |  | 235749 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 1873863 | 18748 | SH |  | OTR |  | 0 | 0 | 18748 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 4052352 | 146400 | SH |  | OTR |  | 0 | 146400 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 6284744 | 227050 | SH |  | SOLE |  | 227050 | 0 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 2722328 | 98350 | SH |  | SOLE |  | 0 | 0 | 98350 |
| BRUKER CORP | COM | 116794108 |  | 5073314 | 156150 | SH |  | OTR |  | 0 | 156150 | 0 |
| BRUKER CORP | COM | 116794108 |  | 7765110 | 239000 | SH |  | SOLE |  | 239000 | 0 | 0 |
| BRUKER CORP | COM | 116794108 |  | 3276617 | 100850 | SH |  | SOLE |  | 0 | 0 | 100850 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 4911880 | 46000 | SH |  | OTR |  | 0 | 46000 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 7474600 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 3139332 | 29400 | SH |  | SOLE |  | 0 | 0 | 29400 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 12114509 | 56988 | SH |  | OTR |  | 0 | 56988 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 26565272 | 124966 | SH |  | SOLE |  | 124966 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 2045657 | 9623 | SH |  | OTR |  | 0 | 0 | 9623 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 18367920 | 473400 | SH |  | OTR |  | 0 | 473400 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 2485140 | 64050 | SH |  | SOLE |  | 64050 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 15631336 | 100659 | SH |  | OTR |  | 0 | 100659 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 33918752 | 218422 | SH |  | SOLE |  | 218422 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 13132758 | 149866 | SH |  | OTR |  | 0 | 149866 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 29397236 | 335470 | SH |  | SOLE |  | 335470 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 2393964 | 27319 | SH |  | OTR |  | 0 | 0 | 27319 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 22449468 | 422300 | SH |  | OTR |  | 0 | 422300 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 2934432 | 55200 | SH |  | SOLE |  | 55200 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 13752671 | 50900 | SH |  | OTR |  | 0 | 50900 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 1810273 | 6700 | SH |  | SOLE |  | 6700 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 2429473 | 63350 | SH |  | OTR |  | 0 | 63350 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 3881020 | 101200 | SH |  | SOLE |  | 101200 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 1620288 | 42250 | SH |  | SOLE |  | 0 | 0 | 42250 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 3092958 | 19800 | SH |  | OTR |  | 0 | 19800 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 4705826 | 30125 | SH |  | SOLE |  | 30125 | 0 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 1976057 | 12650 | SH |  | SOLE |  | 0 | 0 | 12650 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 4796649 | 186350 | SH |  | OTR |  | 0 | 186350 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 7319169 | 284350 | SH |  | SOLE |  | 284350 | 0 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 3227796 | 125400 | SH |  | SOLE |  | 0 | 0 | 125400 |
| CONCENTRA GROUP HOLDINGS PAR | COMMON STOCK | 20603L102 |  | 2440438 | 116600 | SH |  | OTR |  | 0 | 116600 | 0 |
| CONCENTRA GROUP HOLDINGS PAR | COMMON STOCK | 20603L102 |  | 3736005 | 178500 | SH |  | SOLE |  | 178500 | 0 | 0 |
| CONCENTRA GROUP HOLDINGS PAR | COMMON STOCK | 20603L102 |  | 1573936 | 75200 | SH |  | SOLE |  | 0 | 0 | 75200 |
| CORNING INC | COM | 219350105 |  | 20048132 | 244400 | SH |  | OTR |  | 0 | 244400 | 0 |
| CORNING INC | COM | 219350105 |  | 2690584 | 32800 | SH |  | SOLE |  | 32800 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 3208074 | 78900 | SH |  | OTR |  | 0 | 78900 | 0 |
| CUBESMART | COM | 229663109 |  | 5019477 | 123450 | SH |  | SOLE |  | 123450 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 2053330 | 50500 | SH |  | SOLE |  | 0 | 0 | 50500 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 4341873 | 34250 | SH |  | OTR |  | 0 | 34250 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 6744164 | 53200 | SH |  | SOLE |  | 53200 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 2788940 | 22000 | SH |  | SOLE |  | 0 | 0 | 22000 |
| DANAHER CORPORATION | COM | 235851102 |  | 15447626 | 77916 | SH |  | OTR |  | 0 | 77916 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 33800158 | 170484 | SH |  | SOLE |  | 170484 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 2779605 | 14020 | SH |  | OTR |  | 0 | 0 | 14020 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 27726802 | 488578 | SH |  | OTR |  | 0 | 488578 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 22316881 | 393249 | SH |  | SOLE |  | 393249 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1663286 | 29309 | SH |  | OTR |  | 0 | 0 | 29309 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 31740439 | 221806 | SH |  | OTR |  | 0 | 221806 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 24387388 | 170422 | SH |  | SOLE |  | 170422 | 0 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 21499785 | 96750 | SH |  | OTR |  | 0 | 96750 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 2933304 | 13200 | SH |  | SOLE |  | 13200 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 11032991 | 96358 | SH |  | OTR |  | 0 | 96358 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 24191217 | 211277 | SH |  | SOLE |  | 211277 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1960126 | 17119 | SH |  | OTR |  | 0 | 0 | 17119 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 18411803 | 178150 | SH |  | OTR |  | 0 | 178150 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 2418390 | 23400 | SH |  | SOLE |  | 23400 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 19535793 | 117100 | SH |  | OTR |  | 0 | 117100 | 0 |
| DOVER CORP | COM | 260003108 |  | 2594207 | 15550 | SH |  | SOLE |  | 15550 | 0 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 5291208 | 46800 | SH |  | OTR |  | 0 | 46800 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 8100749 | 71650 | SH |  | SOLE |  | 71650 | 0 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 3544431 | 31350 | SH |  | SOLE |  | 0 | 0 | 31350 |
| EASTGROUP PPTYS INC | COM | 277276101 |  | 24187254 | 142900 | SH |  | OTR |  | 0 | 142900 | 0 |
| EASTGROUP PPTYS INC | COM | 277276101 |  | 9326226 | 55100 | SH |  | SOLE |  | 55100 | 0 | 0 |
| EASTGROUP PPTYS INC | COM | 277276101 |  | 2911272 | 17200 | SH |  | SOLE |  | 0 | 0 | 17200 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 4322948 | 171750 | SH |  | OTR |  | 0 | 171750 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 6724166 | 267150 | SH |  | SOLE |  | 267150 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 2835401 | 112650 | SH |  | SOLE |  | 0 | 0 | 112650 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 22490323 | 34625 | SH |  | OTR |  | 0 | 34625 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 3036600 | 4675 | SH |  | SOLE |  | 4675 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 18973484 | 203600 | SH |  | OTR |  | 0 | 203600 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 2488173 | 26700 | SH |  | SOLE |  | 26700 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 18547119 | 72300 | SH |  | OTR |  | 0 | 72300 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 2488341 | 9700 | SH |  | SOLE |  | 9700 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 19933458 | 25450 | SH |  | OTR |  | 0 | 25450 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 2623854 | 3350 | SH |  | SOLE |  | 3350 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 14233300 | 234486 | SH |  | OTR |  | 0 | 234486 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 31882250 | 525243 | SH |  | SOLE |  | 525243 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 2805797 | 46224 | SH |  | OTR |  | 0 | 0 | 46224 |
| ESAB CORPORATION | COM | 29605J106 |  | 3586854 | 32100 | SH |  | OTR |  | 0 | 32100 | 0 |
| ESAB CORPORATION | COM | 29605J106 |  | 5503195 | 49250 | SH |  | SOLE |  | 49250 | 0 | 0 |
| ESAB CORPORATION | COM | 29605J106 |  | 2313018 | 20700 | SH |  | SOLE |  | 0 | 0 | 20700 |
| ESCO TECHNOLOGIES INC | COM | 296315104 |  | 5467749 | 25900 | SH |  | OTR |  | 0 | 25900 | 0 |
| ESCO TECHNOLOGIES INC | COM | 296315104 |  | 8291345 | 39275 | SH |  | SOLE |  | 39275 | 0 | 0 |
| ESCO TECHNOLOGIES INC | COM | 296315104 |  | 3504426 | 16600 | SH |  | SOLE |  | 0 | 0 | 16600 |
| EVERCORE INC | CLASS A | 29977A105 |  | 16621443 | 49275 | SH |  | OTR |  | 0 | 49275 | 0 |
| EVERCORE INC | CLASS A | 29977A105 |  | 6291018 | 18650 | SH |  | SOLE |  | 18650 | 0 | 0 |
| EVERCORE INC | CLASS A | 29977A105 |  | 1855260 | 5500 | SH |  | SOLE |  | 0 | 0 | 5500 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 36345554 | 342108 | SH |  | OTR |  | 0 | 342108 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 34271005 | 322581 | SH |  | SOLE |  | 322581 | 0 | 0 |
| F N B CORP | COM | 302520101 |  | 4028306 | 250050 | SH |  | OTR |  | 0 | 250050 | 0 |
| F N B CORP | COM | 302520101 |  | 6265985 | 388950 | SH |  | SOLE |  | 388950 | 0 | 0 |
| F N B CORP | COM | 302520101 |  | 2696009 | 167350 | SH |  | SOLE |  | 0 | 0 | 167350 |
| FIRST MERCHANTS CORP | COM | 320817109 |  | 4011280 | 106400 | SH |  | OTR |  | 0 | 106400 | 0 |
| FIRST MERCHANTS CORP | COM | 320817109 |  | 6246890 | 165700 | SH |  | SOLE |  | 165700 | 0 | 0 |
| FIRST MERCHANTS CORP | COM | 320817109 |  | 2633345 | 69850 | SH |  | SOLE |  | 0 | 0 | 69850 |
| FLOWSERVE CORP | COM | 34354P105 |  | 27601129 | 519404 | SH |  | OTR |  | 0 | 519404 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 23593522 | 443988 | SH |  | SOLE |  | 443988 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 2050832 | 38593 | SH |  | OTR |  | 0 | 0 | 38593 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 |  | 3029883 | 56750 | SH |  | OTR |  | 0 | 56750 | 0 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 |  | 4634252 | 86800 | SH |  | SOLE |  | 86800 | 0 | 0 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 |  | 1956744 | 36650 | SH |  | SOLE |  | 0 | 0 | 36650 |
| FULLER H B CO | COM | 359694106 |  | 3536052 | 59650 | SH |  | OTR |  | 0 | 59650 | 0 |
| FULLER H B CO | COM | 359694106 |  | 5400408 | 91100 | SH |  | SOLE |  | 91100 | 0 | 0 |
| FULLER H B CO | COM | 359694106 |  | 2276352 | 38400 | SH |  | SOLE |  | 0 | 0 | 38400 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 20504788 | 66200 | SH |  | OTR |  | 0 | 66200 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 2694738 | 8700 | SH |  | SOLE |  | 8700 | 0 | 0 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 4222123 | 86750 | SH |  | OTR |  | 0 | 86750 | 0 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 6531514 | 134200 | SH |  | SOLE |  | 134200 | 0 | 0 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 2774190 | 57000 | SH |  | SOLE |  | 0 | 0 | 57000 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 16973878 | 127250 | SH |  | OTR |  | 0 | 127250 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 2227613 | 16700 | SH |  | SOLE |  | 16700 | 0 | 0 |
| HELIOS TECHNOLOGIES INC | COM | 42328H109 |  | 3174717 | 60900 | SH |  | OTR |  | 0 | 60900 | 0 |
| HELIOS TECHNOLOGIES INC | COM | 42328H109 |  | 4837664 | 92800 | SH |  | SOLE |  | 92800 | 0 | 0 |
| HELIOS TECHNOLOGIES INC | COM | 42328H109 |  | 2038283 | 39100 | SH |  | SOLE |  | 0 | 0 | 39100 |
| HERC HLDGS INC | COM | 42704L104 |  | 3581462 | 30700 | SH |  | OTR |  | 0 | 30700 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 5535517 | 47450 | SH |  | SOLE |  | 47450 | 0 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 2315701 | 19850 | SH |  | SOLE |  | 0 | 0 | 19850 |
| HERSHEY CO | COM | 427866108 |  | 20004998 | 106950 | SH |  | OTR |  | 0 | 106950 | 0 |
| HERSHEY CO | COM | 427866108 |  | 2674815 | 14300 | SH |  | SOLE |  | 14300 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 33757818 | 1374504 | SH |  | OTR |  | 0 | 1374504 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 30830536 | 1255315 | SH |  | SOLE |  | 1255315 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 2075320 | 84500 | SH |  | OTR |  | 0 | 0 | 84500 |
| HEXCEL CORP NEW | COM | 428291108 |  | 26327730 | 419900 | SH |  | OTR |  | 0 | 419900 | 0 |
| HEXCEL CORP NEW | COM | 428291108 |  | 10953690 | 174700 | SH |  | SOLE |  | 174700 | 0 | 0 |
| HEXCEL CORP NEW | COM | 428291108 |  | 3429690 | 54700 | SH |  | SOLE |  | 0 | 0 | 54700 |
| HOME DEPOT INC | COM | 437076102 |  | 12821427 | 31643 | SH |  | OTR |  | 0 | 31643 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 28740127 | 70930 | SH |  | SOLE |  | 70930 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 2379681 | 5873 | SH |  | OTR |  | 0 | 0 | 5873 |
| HUBBELL INC | COM | 443510607 |  | 17513617 | 40700 | SH |  | OTR |  | 0 | 40700 | 0 |
| HUBBELL INC | COM | 443510607 |  | 2183823 | 5075 | SH |  | SOLE |  | 5075 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 6515177 | 25042 | SH |  | OTR |  | 0 | 25042 | 0 |
| HUMANA INC | COM | 444859102 |  | 14666563 | 56373 | SH |  | SOLE |  | 56373 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 1079706 | 4150 | SH |  | OTR |  | 0 | 0 | 4150 |
| IDACORP INC | COM | 451107106 |  | 6045863 | 45750 | SH |  | OTR |  | 0 | 45750 | 0 |
| IDACORP INC | COM | 451107106 |  | 9230678 | 69850 | SH |  | SOLE |  | 69850 | 0 | 0 |
| IDACORP INC | COM | 451107106 |  | 4057005 | 30700 | SH |  | SOLE |  | 0 | 0 | 30700 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 32780724 | 396765 | SH |  | OTR |  | 0 | 396765 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 32816912 | 397203 | SH |  | SOLE |  | 397203 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 2275851 | 27546 | SH |  | OTR |  | 0 | 0 | 27546 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 14613773 | 314952 | SH |  | OTR |  | 0 | 314952 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 32110934 | 692046 | SH |  | SOLE |  | 692046 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 2399576 | 51715 | SH |  | OTR |  | 0 | 0 | 51715 |
| JABIL INC | COM | 466313103 |  | 25911204 | 119313 | SH |  | OTR |  | 0 | 119313 | 0 |
| JABIL INC | COM | 466313103 |  | 18503101 | 85201 | SH |  | SOLE |  | 85201 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 1454605 | 6698 | SH |  | OTR |  | 0 | 0 | 6698 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 12838110 | 69238 | SH |  | OTR |  | 0 | 69238 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 28838558 | 155531 | SH |  | SOLE |  | 155531 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2589576 | 13966 | SH |  | OTR |  | 0 | 0 | 13966 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 14302626 | 130083 | SH |  | OTR |  | 0 | 130083 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 31140589 | 283225 | SH |  | SOLE |  | 283225 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 2490587 | 22652 | SH |  | OTR |  | 0 | 0 | 22652 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 21544500 | 68302 | SH |  | OTR |  | 0 | 68302 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 45981808 | 145775 | SH |  | SOLE |  | 145775 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 3732799 | 11834 | SH |  | OTR |  | 0 | 0 | 11834 |
| KEYCORP | COM | 493267108 |  | 35556267 | 1902422 | SH |  | OTR |  | 0 | 1902422 | 0 |
| KEYCORP | COM | 493267108 |  | 34051442 | 1821907 | SH |  | SOLE |  | 1821907 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 2496928 | 133597 | SH |  | OTR |  | 0 | 0 | 133597 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 10645061 | 269427 | SH |  | OTR |  | 0 | 269427 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 23433539 | 593104 | SH |  | SOLE |  | 593104 | 0 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 1951399 | 49390 | SH |  | OTR |  | 0 | 0 | 49390 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 12385884 | 92501 | SH |  | OTR |  | 0 | 92501 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 27728949 | 207087 | SH |  | SOLE |  | 207087 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 2056838 | 15361 | SH |  | OTR |  | 0 | 0 | 15361 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 20262693 | 376700 | SH |  | OTR |  | 0 | 376700 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 2670674 | 49650 | SH |  | SOLE |  | 49650 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 11509973 | 91320 | SH |  | OTR |  | 0 | 91320 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 25819546 | 204852 | SH |  | SOLE |  | 204852 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 2032773 | 16128 | SH |  | OTR |  | 0 | 0 | 16128 |
| LEVI STRAUSS  CO NEW | CL A COM STK | 52736R102 |  | 2706295 | 116150 | SH |  | OTR |  | 0 | 116150 | 0 |
| LEVI STRAUSS  CO NEW | CL A COM STK | 52736R102 |  | 4138080 | 177600 | SH |  | SOLE |  | 177600 | 0 | 0 |
| LEVI STRAUSS  CO NEW | CL A COM STK | 52736R102 |  | 1746335 | 74950 | SH |  | SOLE |  | 0 | 0 | 74950 |
| LITTELFUSE INC | COM | 537008104 |  | 3794497 | 14650 | SH |  | OTR |  | 0 | 14650 | 0 |
| LITTELFUSE INC | COM | 537008104 |  | 5840676 | 22550 | SH |  | SOLE |  | 22550 | 0 | 0 |
| LITTELFUSE INC | COM | 537008104 |  | 2421744 | 9350 | SH |  | SOLE |  | 0 | 0 | 9350 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 2563034 | 28850 | SH |  | OTR |  | 0 | 28850 | 0 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 3917844 | 44100 | SH |  | SOLE |  | 44100 | 0 | 0 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 1652424 | 18600 | SH |  | SOLE |  | 0 | 0 | 18600 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 20319042 | 61075 | SH |  | OTR |  | 0 | 61075 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 2669837 | 8025 | SH |  | SOLE |  | 8025 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 11177562 | 623400 | SH |  | OTR |  | 0 | 623400 | 0 |
| MACYS INC | COM | 55616P104 |  | 1495362 | 83400 | SH |  | SOLE |  | 83400 | 0 | 0 |
| MADDEN STEVEN LTD | COM | 556269108 |  | 3137076 | 93700 | SH |  | OTR |  | 0 | 93700 | 0 |
| MADDEN STEVEN LTD | COM | 556269108 |  | 4864644 | 145300 | SH |  | SOLE |  | 145300 | 0 | 0 |
| MADDEN STEVEN LTD | COM | 556269108 |  | 2008800 | 60000 | SH |  | SOLE |  | 0 | 0 | 60000 |
| MATADOR RES CO | COM | 576485205 |  | 4803017 | 106900 | SH |  | OTR |  | 0 | 106900 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 7467366 | 166200 | SH |  | SOLE |  | 166200 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 3201263 | 71250 | SH |  | SOLE |  | 0 | 0 | 71250 |
| MATERION CORP | COM | 576690101 |  | 2392038 | 19800 | SH |  | OTR |  | 0 | 19800 | 0 |
| MATERION CORP | COM | 576690101 |  | 3657523 | 30275 | SH |  | SOLE |  | 30275 | 0 | 0 |
| MATERION CORP | COM | 576690101 |  | 1546368 | 12800 | SH |  | SOLE |  | 0 | 0 | 12800 |
| MCDONALDS CORP | COM | 580135101 |  | 10914817 | 35917 | SH |  | OTR |  | 0 | 35917 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 24399024 | 80289 | SH |  | SOLE |  | 80289 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1975285 | 6500 | SH |  | OTR |  | 0 | 0 | 6500 |
| MERCK  CO INC | COM | 58933Y105 |  | 7519373 | 89591 | SH |  | OTR |  | 0 | 89591 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 17036531 | 202985 | SH |  | SOLE |  | 202985 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 1272043 | 15156 | SH |  | OTR |  | 0 | 0 | 15156 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 3320916 | 45850 | SH |  | OTR |  | 0 | 45850 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 5157016 | 71200 | SH |  | SOLE |  | 71200 | 0 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 2172900 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| META PLATFORMS INC | CL A | 30303M102 |  | 10146194 | 13816 | SH |  | OTR |  | 0 | 13816 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 22508747 | 30650 | SH |  | SOLE |  | 30650 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2007061 | 2733 | SH |  | OTR |  | 0 | 0 | 2733 |
| MICROSOFT CORP | COM | 594918104 |  | 11553393 | 22306 | SH |  | OTR |  | 0 | 22306 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 24942918 | 48157 | SH |  | SOLE |  | 48157 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 1879641 | 3629 | SH |  | OTR |  | 0 | 0 | 3629 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 19205889 | 137450 | SH |  | OTR |  | 0 | 137450 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 2574525 | 18425 | SH |  | SOLE |  | 18425 | 0 | 0 |
| MKS INC. | COM | 55306N104 |  | 15489816 | 125150 | SH |  | OTR |  | 0 | 125150 | 0 |
| MKS INC. | COM | 55306N104 |  | 7002288 | 56575 | SH |  | SOLE |  | 56575 | 0 | 0 |
| MKS INC. | COM | 55306N104 |  | 2277368 | 18400 | SH |  | SOLE |  | 0 | 0 | 18400 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 13868715 | 222006 | SH |  | OTR |  | 0 | 222006 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 31044716 | 496954 | SH |  | SOLE |  | 496954 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 2510045 | 40180 | SH |  | OTR |  | 0 | 0 | 40180 |
| MOODYS CORP | COM | 615369105 |  | 26731481 | 56102 | SH |  | OTR |  | 0 | 56102 | 0 |
| MOODYS CORP | COM | 615369105 |  | 27782119 | 58307 | SH |  | SOLE |  | 58307 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 2126530 | 4463 | SH |  | OTR |  | 0 | 0 | 4463 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 18634568 | 40750 | SH |  | OTR |  | 0 | 40750 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 2492231 | 5450 | SH |  | SOLE |  | 5450 | 0 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 3791561 | 41150 | SH |  | OTR |  | 0 | 41150 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 5823248 | 63200 | SH |  | SOLE |  | 63200 | 0 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 2432496 | 26400 | SH |  | SOLE |  | 0 | 0 | 26400 |
| MURPHY USA INC | COM | 626755102 |  | 3086667 | 7950 | SH |  | OTR |  | 0 | 7950 | 0 |
| MURPHY USA INC | COM | 626755102 |  | 4785305 | 12325 | SH |  | SOLE |  | 12325 | 0 | 0 |
| MURPHY USA INC | COM | 626755102 |  | 2077191 | 5350 | SH |  | SOLE |  | 0 | 0 | 5350 |
| NBT BANCORP INC | COM | 628778102 |  | 4301280 | 103000 | SH |  | OTR |  | 0 | 103000 | 0 |
| NBT BANCORP INC | COM | 628778102 |  | 6581376 | 157600 | SH |  | SOLE |  | 157600 | 0 | 0 |
| NBT BANCORP INC | COM | 628778102 |  | 2802096 | 67100 | SH |  | SOLE |  | 0 | 0 | 67100 |
| NOV INC | COM | 62955J103 |  | 3545700 | 267600 | SH |  | OTR |  | 0 | 267600 | 0 |
| NOV INC | COM | 62955J103 |  | 5515975 | 416300 | SH |  | SOLE |  | 416300 | 0 | 0 |
| NOV INC | COM | 62955J103 |  | 2381025 | 179700 | SH |  | SOLE |  | 0 | 0 | 179700 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 4147812 | 42050 | SH |  | OTR |  | 0 | 42050 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 6465852 | 65550 | SH |  | SOLE |  | 65550 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 2771784 | 28100 | SH |  | SOLE |  | 0 | 0 | 28100 |
| OGE ENERGY CORP | COM | 670837103 |  | 5788377 | 125100 | SH |  | OTR |  | 0 | 125100 | 0 |
| OGE ENERGY CORP | COM | 670837103 |  | 8964813 | 193750 | SH |  | SOLE |  | 193750 | 0 | 0 |
| OGE ENERGY CORP | COM | 670837103 |  | 3861232 | 83450 | SH |  | SOLE |  | 0 | 0 | 83450 |
| OWENS CORNING NEW | COM | 690742101 |  | 16572039 | 117150 | SH |  | OTR |  | 0 | 117150 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 2263360 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| PERELLA WEINBERG PARTNERS | CLASS A COM | 71367G102 |  | 2790426 | 130883 | SH |  | OTR |  | 0 | 130883 | 0 |
| PERELLA WEINBERG PARTNERS | CLASS A COM | 71367G102 |  | 4301715 | 201769 | SH |  | SOLE |  | 201769 | 0 | 0 |
| PERELLA WEINBERG PARTNERS | CLASS A COM | 71367G102 |  | 1854605 | 86989 | SH |  | SOLE |  | 0 | 0 | 86989 |
| PINNACLE FINL PARTNERS INC | COM | 72346Q104 |  | 3737532 | 39850 | SH |  | OTR |  | 0 | 39850 | 0 |
| PINNACLE FINL PARTNERS INC | COM | 72346Q104 |  | 5754017 | 61350 | SH |  | SOLE |  | 61350 | 0 | 0 |
| PINNACLE FINL PARTNERS INC | COM | 72346Q104 |  | 2438540 | 26000 | SH |  | SOLE |  | 0 | 0 | 26000 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 5523056 | 61600 | SH |  | OTR |  | 0 | 61600 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 8495285 | 94750 | SH |  | SOLE |  | 94750 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 3707441 | 41350 | SH |  | SOLE |  | 0 | 0 | 41350 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 3237588 | 79450 | SH |  | OTR |  | 0 | 79450 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 4928713 | 120950 | SH |  | SOLE |  | 120950 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 2084363 | 51150 | SH |  | SOLE |  | 0 | 0 | 51150 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 3070034 | 76350 | SH |  | OTR |  | 0 | 76350 | 0 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 4827211 | 120050 | SH |  | SOLE |  | 120050 | 0 | 0 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 1966269 | 48900 | SH |  | SOLE |  | 0 | 0 | 48900 |
| PPG INDS INC | COM | 693506107 |  | 17096142 | 162650 | SH |  | OTR |  | 0 | 162650 | 0 |
| PPG INDS INC | COM | 693506107 |  | 2207310 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 34464302 | 927457 | SH |  | OTR |  | 0 | 927457 | 0 |
| PPL CORP | COM | 69351T106 |  | 36722292 | 988221 | SH |  | SOLE |  | 988221 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 2815540 | 127400 | SH |  | OTR |  | 0 | 127400 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 4308395 | 194950 | SH |  | SOLE |  | 194950 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 1818830 | 82300 | SH |  | SOLE |  | 0 | 0 | 82300 |
| PROGRESSIVE CORP | COM | 743315103 |  | 12561606 | 50867 | SH |  | OTR |  | 0 | 50867 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 27755945 | 112395 | SH |  | SOLE |  | 112395 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 2321330 | 9400 | SH |  | OTR |  | 0 | 0 | 9400 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 3815125 | 57500 | SH |  | OTR |  | 0 | 57500 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 6193507 | 93346 | SH |  | SOLE |  | 93346 | 0 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 2494760 | 37600 | SH |  | SOLE |  | 0 | 0 | 37600 |
| QUAKER HOUGHTON | COM | 747316107 |  | 2409971 | 18292 | SH |  | OTR |  | 0 | 18292 | 0 |
| QUAKER HOUGHTON | COM | 747316107 |  | 3686892 | 27984 | SH |  | SOLE |  | 27984 | 0 | 0 |
| QUAKER HOUGHTON | COM | 747316107 |  | 1553464 | 11791 | SH |  | SOLE |  | 0 | 0 | 11791 |
| QUANTA SVCS INC | COM | 74762E102 |  | 23207520 | 56000 | SH |  | OTR |  | 0 | 56000 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 2942382 | 7100 | SH |  | SOLE |  | 7100 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 3561809 | 81450 | SH |  | OTR |  | 0 | 81450 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 5483742 | 125400 | SH |  | SOLE |  | 125400 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 2284893 | 52250 | SH |  | SOLE |  | 0 | 0 | 52250 |
| RANGE RES CORP | COM | 75281A109 |  | 5672348 | 150700 | SH |  | OTR |  | 0 | 150700 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 8708014 | 231350 | SH |  | SOLE |  | 231350 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 3632260 | 96500 | SH |  | SOLE |  | 0 | 0 | 96500 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 14615595 | 84679 | SH |  | OTR |  | 0 | 84679 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 31361420 | 181700 | SH |  | SOLE |  | 181700 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 2374631 | 13758 | SH |  | OTR |  | 0 | 0 | 13758 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 3227400 | 22500 | SH |  | OTR |  | 0 | 22500 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 5006056 | 34900 | SH |  | SOLE |  | 34900 | 0 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 2087052 | 14550 | SH |  | SOLE |  | 0 | 0 | 14550 |
| REYNOLDS CONSUMER PRODS INC | COM | 76171L106 |  | 3430694 | 140200 | SH |  | OTR |  | 0 | 140200 | 0 |
| REYNOLDS CONSUMER PRODS INC | COM | 76171L106 |  | 5251262 | 214600 | SH |  | SOLE |  | 214600 | 0 | 0 |
| REYNOLDS CONSUMER PRODS INC | COM | 76171L106 |  | 2214535 | 90500 | SH |  | SOLE |  | 0 | 0 | 90500 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 30518513 | 87313 | SH |  | OTR |  | 0 | 87313 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 27153238 | 77685 | SH |  | SOLE |  | 77685 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 1988476 | 5689 | SH |  | OTR |  | 0 | 0 | 5689 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 20296683 | 40700 | SH |  | OTR |  | 0 | 40700 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 2618123 | 5250 | SH |  | SOLE |  | 5250 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 16290491 | 106900 | SH |  | OTR |  | 0 | 106900 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 2125841 | 13950 | SH |  | SOLE |  | 13950 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 6456068 | 19952 | SH |  | OTR |  | 0 | 19952 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 14509004 | 44839 | SH |  | SOLE |  | 44839 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 1073315 | 3317 | SH |  | OTR |  | 0 | 0 | 3317 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 3968429 | 115462 | SH |  | OTR |  | 0 | 0 | 115462 |
| SCHNEIDER NATIONAL INC | CL B | 80689H102 |  | 2659812 | 125700 | SH |  | OTR |  | 0 | 125700 | 0 |
| SCHNEIDER NATIONAL INC | CL B | 80689H102 |  | 4096576 | 193600 | SH |  | SOLE |  | 193600 | 0 | 0 |
| SCHNEIDER NATIONAL INC | CL B | 80689H102 |  | 1785904 | 84400 | SH |  | SOLE |  | 0 | 0 | 84400 |
| SCOTTS MIRACLE-GRO CO | CL A | 810186106 |  | 3471103 | 60950 | SH |  | OTR |  | 0 | 60950 | 0 |
| SCOTTS MIRACLE-GRO CO | CL A | 810186106 |  | 5367538 | 94250 | SH |  | SOLE |  | 94250 | 0 | 0 |
| SCOTTS MIRACLE-GRO CO | CL A | 810186106 |  | 2229593 | 39150 | SH |  | SOLE |  | 0 | 0 | 39150 |
| SEACOAST BKG CORP FLA | COM NEW | 811707801 |  | 4438216 | 145850 | SH |  | OTR |  | 0 | 145850 | 0 |
| SEACOAST BKG CORP FLA | COM NEW | 811707801 |  | 6913696 | 227200 | SH |  | SOLE |  | 227200 | 0 | 0 |
| SEACOAST BKG CORP FLA | COM NEW | 811707801 |  | 2969968 | 97600 | SH |  | SOLE |  | 0 | 0 | 97600 |
| SERVISFIRST BANCSHARES INC | COM | 81768T108 |  | 4187560 | 52000 | SH |  | OTR |  | 0 | 52000 | 0 |
| SERVISFIRST BANCSHARES INC | COM | 81768T108 |  | 6518904 | 80950 | SH |  | SOLE |  | 80950 | 0 | 0 |
| SERVISFIRST BANCSHARES INC | COM | 81768T108 |  | 2802444 | 34800 | SH |  | SOLE |  | 0 | 0 | 34800 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 8771458 | 25332 | SH |  | OTR |  | 0 | 25332 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 19616322 | 56652 | SH |  | SOLE |  | 56652 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 1775621 | 5128 | SH |  | OTR |  | 0 | 0 | 5128 |
| SIMPSON MFG INC | COM | 829073105 |  | 2980788 | 17800 | SH |  | OTR |  | 0 | 17800 | 0 |
| SIMPSON MFG INC | COM | 829073105 |  | 4554912 | 27200 | SH |  | SOLE |  | 27200 | 0 | 0 |
| SIMPSON MFG INC | COM | 829073105 |  | 1925790 | 11500 | SH |  | SOLE |  | 0 | 0 | 11500 |
| SLM CORP | COM | 78442P106 |  | 3086320 | 111500 | SH |  | OTR |  | 0 | 111500 | 0 |
| SLM CORP | COM | 78442P106 |  | 4731896 | 170950 | SH |  | SOLE |  | 170950 | 0 | 0 |
| SLM CORP | COM | 78442P106 |  | 1976352 | 71400 | SH |  | SOLE |  | 0 | 0 | 71400 |
| SOLARIS ENERGY INFRAS INC | COM CL A | 83418M103 |  | 22159368 | 554400 | SH |  | OTR |  | 0 | 554400 | 0 |
| SOLARIS ENERGY INFRAS INC | COM CL A | 83418M103 |  | 9754679 | 244050 | SH |  | SOLE |  | 244050 | 0 | 0 |
| SOLARIS ENERGY INFRAS INC | COM CL A | 83418M103 |  | 3135647 | 78450 | SH |  | SOLE |  | 0 | 0 | 78450 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 |  | 11586942 | 137400 | SH |  | OTR |  | 0 | 137400 | 0 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 |  | 1378796 | 16350 | SH |  | SOLE |  | 16350 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 10546195 | 111282 | SH |  | OTR |  | 0 | 111282 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 22896716 | 241603 | SH |  | SOLE |  | 241603 | 0 | 0 |
| SOUTHSTATE BK CORP | COM | 84472E102 |  | 25814957 | 261100 | SH |  | OTR |  | 0 | 261100 | 0 |
| SOUTHSTATE BK CORP | COM | 84472E102 |  | 10010588 | 101250 | SH |  | SOLE |  | 101250 | 0 | 0 |
| SOUTHSTATE BK CORP | COM | 84472E102 |  | 3005648 | 30400 | SH |  | SOLE |  | 0 | 0 | 30400 |
| STARBUCKS CORP | COM | 855244109 |  | 14753817 | 174395 | SH |  | OTR |  | 0 | 174395 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 33134436 | 391660 | SH |  | SOLE |  | 391660 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 2515581 | 29735 | SH |  | OTR |  | 0 | 0 | 29735 |
| STIFEL FINL CORP | COM | 860630102 |  | 27736153 | 244436 | SH |  | OTR |  | 0 | 244436 | 0 |
| STIFEL FINL CORP | COM | 860630102 |  | 26496493 | 233511 | SH |  | SOLE |  | 233511 | 0 | 0 |
| STIFEL FINL CORP | COM | 860630102 |  | 1893587 | 16688 | SH |  | OTR |  | 0 | 0 | 16688 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 27534563 | 168150 | SH |  | OTR |  | 0 | 168150 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 11945563 | 72950 | SH |  | SOLE |  | 72950 | 0 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 3766250 | 23000 | SH |  | SOLE |  | 0 | 0 | 23000 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 20119925 | 91650 | SH |  | OTR |  | 0 | 91650 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 2667290 | 12150 | SH |  | SOLE |  | 12150 | 0 | 0 |
| TENNANT CO | COM | 880345103 |  | 3704442 | 45700 | SH |  | OTR |  | 0 | 45700 | 0 |
| TENNANT CO | COM | 880345103 |  | 5739048 | 70800 | SH |  | SOLE |  | 70800 | 0 | 0 |
| TENNANT CO | COM | 880345103 |  | 2371005 | 29250 | SH |  | SOLE |  | 0 | 0 | 29250 |
| TERADYNE INC | COM | 880770102 |  | 21719592 | 157800 | SH |  | OTR |  | 0 | 157800 | 0 |
| TERADYNE INC | COM | 880770102 |  | 2966142 | 21550 | SH |  | SOLE |  | 21550 | 0 | 0 |
| TIMKEN CO | COM | 887389104 |  | 3898083 | 51850 | SH |  | OTR |  | 0 | 51850 | 0 |
| TIMKEN CO | COM | 887389104 |  | 5991846 | 79700 | SH |  | SOLE |  | 79700 | 0 | 0 |
| TIMKEN CO | COM | 887389104 |  | 2495976 | 33200 | SH |  | SOLE |  | 0 | 0 | 33200 |
| TOLL BROTHERS INC | COM | 889478103 |  | 34535 | 250 | SH |  | SOLE |  | 250 | 0 | 0 |
| UMB FINL CORP | COM | 902788108 |  | 5745893 | 48550 | SH |  | OTR |  | 0 | 48550 | 0 |
| UMB FINL CORP | COM | 902788108 |  | 8799323 | 74350 | SH |  | SOLE |  | 74350 | 0 | 0 |
| UMB FINL CORP | COM | 902788108 |  | 3733943 | 31550 | SH |  | SOLE |  | 0 | 0 | 31550 |
| UNION PAC CORP | COM | 907818108 |  | 12850019 | 54364 | SH |  | OTR |  | 0 | 54364 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 28786084 | 121784 | SH |  | SOLE |  | 121784 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 2397501 | 10143 | SH |  | OTR |  | 0 | 0 | 10143 |
| UNITED RENTALS INC | COM | 911363109 |  | 11058781 | 11584 | SH |  | OTR |  | 0 | 11584 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 24868893 | 26050 | SH |  | SOLE |  | 26050 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 2141302 | 2243 | SH |  | OTR |  | 0 | 0 | 2243 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 2804438 | 18750 | SH |  | OTR |  | 0 | 18750 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 4288920 | 28675 | SH |  | SOLE |  | 28675 | 0 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 1813536 | 12125 | SH |  | SOLE |  | 0 | 0 | 12125 |
| VALMONT INDS INC | COM | 920253101 |  | 4013006 | 10350 | SH |  | OTR |  | 0 | 10350 | 0 |
| VALMONT INDS INC | COM | 920253101 |  | 6281226 | 16200 | SH |  | SOLE |  | 16200 | 0 | 0 |
| VALMONT INDS INC | COM | 920253101 |  | 2636564 | 6800 | SH |  | SOLE |  | 0 | 0 | 6800 |
| VENTAS INC | COM | 92276F100 |  | 22095843 | 315700 | SH |  | OTR |  | 0 | 315700 | 0 |
| VENTAS INC | COM | 92276F100 |  | 2995572 | 42800 | SH |  | SOLE |  | 42800 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 35902115 | 237983 | SH |  | OTR |  | 0 | 237983 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 33665314 | 223156 | SH |  | SOLE |  | 223156 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 2283719 | 15138 | SH |  | OTR |  | 0 | 0 | 15138 |
| VISTRA CORP | COM | 92840M102 |  | 19954452 | 101850 | SH |  | OTR |  | 0 | 101850 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 2664512 | 13600 | SH |  | SOLE |  | 13600 | 0 | 0 |
| VONTIER CORPORATION | COM | 928881101 |  | 22472837 | 535450 | SH |  | OTR |  | 0 | 535450 | 0 |
| VONTIER CORPORATION | COM | 928881101 |  | 9967875 | 237500 | SH |  | SOLE |  | 237500 | 0 | 0 |
| VONTIER CORPORATION | COM | 928881101 |  | 3261069 | 77700 | SH |  | SOLE |  | 0 | 0 | 77700 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 3672680 | 49100 | SH |  | OTR |  | 0 | 49100 | 0 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 5718460 | 76450 | SH |  | SOLE |  | 76450 | 0 | 0 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 2434740 | 32550 | SH |  | SOLE |  | 0 | 0 | 32550 |
| VULCAN MATLS CO | COM | 929160109 |  | 17226720 | 56000 | SH |  | OTR |  | 0 | 56000 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 2261007 | 7350 | SH |  | SOLE |  | 7350 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 14536510 | 141049 | SH |  | OTR |  | 0 | 141049 | 0 |
| WALMART INC | COM | 931142103 |  | 31659723 | 307197 | SH |  | SOLE |  | 307197 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 2718001 | 26373 | SH |  | OTR |  | 0 | 0 | 26373 |
| WESCO INTL INC | COM | 95082P105 |  | 3743550 | 17700 | SH |  | OTR |  | 0 | 17700 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 5742225 | 27150 | SH |  | SOLE |  | 27150 | 0 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 2400525 | 11350 | SH |  | SOLE |  | 0 | 0 | 11350 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 34937700 | 291002 | SH |  | OTR |  | 0 | 291002 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 31953729 | 266148 | SH |  | SOLE |  | 266148 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 2141750 | 17839 | SH |  | OTR |  | 0 | 0 | 17839 |
| WILLIAMS COS INC | COM | 969457100 |  | 22571605 | 356300 | SH |  | OTR |  | 0 | 356300 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 3043968 | 48050 | SH |  | SOLE |  | 48050 | 0 | 0 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 4271190 | 32250 | SH |  | OTR |  | 0 | 32250 | 0 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 6582268 | 49700 | SH |  | SOLE |  | 49700 | 0 | 0 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 2781240 | 21000 | SH |  | SOLE |  | 0 | 0 | 21000 |

---