# EDGAR Filing Document

**Accession Number:** 0000356476
**File Stem:** 0001193125-26-050289
**Filing Date:** 2026-2
**Character Count:** 67749
**Document Hash:** 4b56ed0c09cd9c0a071adde1ecd764ff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-050289.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001193125-26-050289

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EMPOWER FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000356476

**ORGANIZATION NAME:**
- **EIN:** 840876044
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03364
- **FILM NUMBER:** 26629821

**BUSINESS ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 303-737-3000

**MAIL ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GREAT-WEST FUNDS INC
- **DATE OF NAME CHANGE:** 20121005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAXIM SERIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Empower Small Cap Growth Fund (Series ID: S000050621)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000159789 | Investor Class      | MXMTX           |
| C000159791 | Institutional Class | MXMSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EMPOWER FUNDS, INC.

- **b. Investment Company Act file number:** 811-03364

- **c. CIK number of Registrant:** 0000356476

- **d. LEI of Registrant:** RUYOMHMDMSPQ01U66388

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

  - **Street Address 1:** 8515 E Orchard Road

  - **City:** Greenwood Village

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80111

  - **Telephone number:** 866-831-7129

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

- **a. Name of Series:** Empower Small Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000050621

- **c. LEI of Series:** V6U5QVZG8WOTNW1QX477

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $286924447.46

**Total Liabilities:** $3873027.39

**Net Assets:** $283051420.07

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000159789 | 2.28%                | 1.52%                | -0.71%               |
| Class ID C000159791 | 2.38%                | 1.46%                | -0.60%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $8429660.06              | $4232439.94                                |
| Month 2  | $11666663.97             | $1066142.42                                |
| Month 3  | $15841617.53             | $-5826305.80                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Dreyfus Instl Resv                        | Dreyfus Instl Resv PFD GOVT INSTL                      | CUSIP: 26200X100<br>LEI: 549300FG0OZ5YKPLK622 | Long             | STIV             | RF                | US        |  11794784 | PA      | $11794784.30  | 4.17%             | 2026-01-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Arcosa Inc                                | Arcosa Inc COM                                         | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     21853 | NS      | $2323410.90   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Arlo Technologies Inc                     | Arlo Technologies Inc COM                              | CUSIP: 04206A101<br>LEI: 549300T4EUX2OQ75HV52 | Long             | EC               | CORP              | US        |     38768 | NS      | $542364.32    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Adaptive Biotechnologies Corp             | Adaptive Biotechnologies Corp COM                      | CUSIP: 00650F109<br>LEI: 549300ZTF7OT1FW66Q96 | Long             | EC               | CORP              | US        |    157483 | NS      | $2557523.90   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan Inc                                 | Argan Inc COM                                          | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |       688 | NS      | $215564.16    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AvePoint Inc.                             | AvePoint Inc. COM CL A                                 | CUSIP: 053604104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140162 | NS      | $1946850.15   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Rock Coffee Bar Inc.                | Black Rock Coffee Bar Inc. CL A                        | CUSIP: 092244102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56888 | NS      | $1265758.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Box Inc.                                  | Box Inc. CL A                                          | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |     83251 | NS      | $2490037.39   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Biosciences Inc.                   | Cogent Biosciences Inc. COM                            | CUSIP: 19240Q201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50007 | NS      | $1776248.62   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics Inc                          | Cytokinetics Inc COM NEW                               | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |     20191 | NS      | $1282936.15   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave Inc                                  | Dave Inc CLASS A COM NEW                               | CUSIP: 23834J201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9575 | NS      | $2120000.81   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries, Inc.                    | Dycom Industries, Inc. COM                             | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      5681 | NS      | $1919609.89   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolent Health, Inc.                      | Evolent Health, Inc. CL A                              | CUSIP: 30050B101<br>LEI: 549300CZOCFHQ2BBTR11 | Long             | EC               | CORP              | US        |    135017 | NS      | $540068.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corporation                     | Flowserve Corporation COM                              | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     41729 | NS      | $2895158.03   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc.                     | Generac Holdings Inc. COM                              | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |     10829 | NS      | $1476750.74   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Hinge Health, Inc.                        | Hinge Health, Inc. CL A                                | CUSIP: 433313103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5607 | NS      | $260445.15    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Huron Consulting Group Inc.               | Huron Consulting Group Inc. COM                        | CUSIP: 447462102<br>LEI: 549300NGVB9H6TKTLE36 | Long             | EC               | CORP              | US        |      3293 | NS      | $569392.63    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX Corporation                          | IMAX Corporation COM                                   | CUSIP: 45245E109<br>LEI: 5493002KS2T1Q0X7VZ21 | Long             | EC               | CORP              | CA        |     11418 | NS      | $422009.28    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Innodata Inc                              | Innodata Inc COM NEW                                   | CUSIP: 457642205<br>LEI: L9O7MPYIT56T6KBE0R95 | Long             | EC               | CORP              | US        |      2368 | NS      | $120649.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| JBT Marel Corp.                           | JBT Marel Corp. COM                                    | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |     14033 | NS      | $2114352.11   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindblad Expeditions Holdings Inc.        | Lindblad Expeditions Holdings Inc. COM                 | CUSIP: 535219109<br>LEI: 549300GSPW24GZE6R597 | Long             | EC               | CORP              | US        |     34891 | NS      | $503128.22    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Lionsgate Studios Corp.                   | Lionsgate Studios Corp. COM                            | CUSIP: 53626N102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    105877 | NS      | $966656.99    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc.                    | Lumentum Holdings Inc. COM                             | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      6774 | NS      | $2496828.71   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Sphere Entertainment Co.                  | Sphere Entertainment Co. CL A                          | CUSIP: 55826T102<br>LEI: 254900ZW4JWKYRZZ9A91 | Long             | EC               | CORP              | US        |      3675 | NS      | $349418.99    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mineralys Therapeutics Inc.               | Mineralys Therapeutics Inc. COM                        | CUSIP: 603170101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19644 | NS      | $712880.76    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                | Neurocrine Biosciences Inc COM USD0.001                | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |     10534 | NS      | $1494037.20   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollies Bargain Outlet Holdings Inc.       | Ollies Bargain Outlet Holdings Inc. COM                | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |     22573 | NS      | $2474226.52   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Omada Health Inc.                         | Omada Health Inc. COM                                  | CUSIP: 68170A108<br>LEI: 5299008WYNYU33NFKF88 | Long             | EC               | CORP              | US        |     20663 | NS      | $326062.14    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| PTC Therapeutics, Inc.                    | PTC Therapeutics, Inc. COM                             | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |     10027 | NS      | $761650.93    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group Inc.                  | Privia Health Group Inc. COM                           | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62226 | NS      | $1475378.47   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings Inc                           | Q2 Holdings Inc COM                                    | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |     26876 | NS      | $1939372.12   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                             | RB Global Inc COM                                      | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |     12507 | NS      | $1286595.08   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Terns Pharmaceuticals Inc.                | Terns Pharmaceuticals Inc. COM                         | CUSIP: 880881107<br>LEI: 254900S1ZDQMF4MYP709 | Long             | EC               | CORP              | US        |     27403 | NS      | $1107081.19   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc.                    | TransMedics Group Inc. COM                             | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |     14201 | NS      | $1727551.65   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial Inc                     | Triumph Financial Inc COM                              | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |     37490 | NS      | $2347998.70   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp.                                 | VSE Corp. COM                                          | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |      3746 | NS      | $647196.42    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                             | Valvoline Inc COM                                      | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |     49301 | NS      | $1432687.06   | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| The Vita Coco Company Inc                 | The Vita Coco Company Inc COM                          | CUSIP: 92846Q107<br>LEI: 54930020WXOAWHR85Y25 | Long             | EC               | CORP              | US        |     10461 | NS      | $554537.61    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Willdan Group Inc.                        | Willdan Group Inc. COM                                 | CUSIP: 96924N100<br>LEI: 529900YQO0LF5VAEKN05 | Long             | EC               | CORP              | US        |      9275 | NS      | $961446.51    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenon Pharmaceuticals Inc                 | Xenon Pharmaceuticals Inc COM                          | CUSIP: 98420N105<br>LEI: 549300XV44Q9Z1MIPQ03 | Long             | EC               | CORP              | CA        |     32913 | NS      | $1475160.68   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corporation    | Zurn Elkay Water Solutions Corporation COM             | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     49255 | NS      | $2289864.94   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambarella Inc                             | Ambarella Inc COM USD0.00045                           | CUSIP: G037AX101<br>LEI: 254900XN7F4DG0CEKC02 | Long             | EC               | CORP              | KY        |      5002 | NS      | $354341.67    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Kiniksa Pharmaceuticals International PLC | Kiniksa Pharmaceuticals International PLC ORD SHS CL A | CUSIP: G52694109<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |     39914 | NS      | $1646452.50   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Birkenstock Holding PLC                   | Birkenstock Holding PLC COM SHS                        | CUSIP: M2029K104<br>LEI: 529900CQ8LQKQ7LIT631 | Long             | EC               | CORP              | JE        |     29859 | NS      | $1221233.07   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Stevanato Group S.p.A.                    | Stevanato Group S.p.A. ORD SHS                         | CUSIP: T9224W109<br>LEI: 81560033F7E1CD477507 | Long             | EC               | CORP              | IT        |     94399 | NS      | $1899307.85   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                          | Boise Cascade Co COM                                   | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     20932 | NS      | $1540595.21   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc.                    | Burlington Stores Inc. COM                             | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      8646 | NS      | $2497397.11   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Calix Inc.                                | Calix Inc. COM USD0.01                                 | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |     13181 | NS      | $697670.32    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners Inc.                | Construction Partners Inc. COM CL A                    | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |     20686 | NS      | $2245465.24   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Artivion Inc                              | Artivion Inc COM                                       | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |     78098 | NS      | $3562049.83   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                              | Evercore Inc CLASS A                                   | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      7532 | NS      | $2562763.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthequity Inc                          | Healthequity Inc COM                                   | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |     21012 | NS      | $1924909.34   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| HeartFlow Inc.                            | HeartFlow Inc. COM                                     | CUSIP: 42238D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13443 | NS      | $391863.46    | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Knight-Swift Transportation Holdings Inc. | Knight-Swift Transportation Holdings Inc. CL A         | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29179 | NS      | $1525478.12   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| LIncoln Educational Services Corp.        | LIncoln Educational Services Corp. COM                 | CUSIP: 533535100<br>LEI: 549300BJ55KUY6RG7L98 | Long             | EC               | CORP              | US        |     13701 | NS      | $330879.15    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Grp Inc                               | MYR Grp Inc COM                                        | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      9941 | NS      | $2172108.50   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirum Pharmaceuticals Inc.                | Mirum Pharmaceuticals Inc. COM                         | CUSIP: 604749101<br>LEI: 254900YZKR40F7F27K81 | Long             | EC               | CORP              | US        |     11421 | NS      | $902144.77    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co.                | Performance Food Group Co. COM                         | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     22310 | NS      | $2006115.22   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc                          | Pure Storage Inc CL A                                  | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |     25379 | NS      | $1700646.77   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SentinelOne Inc                           | SentinelOne Inc CL A                                   | CUSIP: 81730H109<br>LEI: 984500DCD44DBF954221 | Long             | EC               | CORP              | US        |     72239 | NS      | $1083585.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc.                             | Teradyne Inc. COM                                      | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |      9554 | NS      | $1849272.24   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Terawulf Inc                              | Terawulf Inc COM                                       | CUSIP: 88080T104<br>LEI: 254900CVMW1SX2T78A64 | Long             | EC               | CORP              | US        |     68559 | NS      | $787742.91    | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Vital Farms Inc.                          | Vital Farms Inc. COM                                   | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |     46912 | NS      | $1498369.25   | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| FTAI Aviation Ltd                         | FTAI Aviation Ltd COM USD0.01                          | CUSIP: G3730V105<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     12489 | NS      | $2458459.69   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyberark Software Ltd.                    | Cyberark Software Ltd. COM ILS0.01                     | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |      4059 | NS      | $1810557.56   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage System Inc              | Advanced Drainage System Inc COM                       | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     19147 | NS      | $2773060.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcellx Inc                               | Arcellx Inc COMMON STOCK                               | CUSIP: 03940C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6367 | NS      | $415128.39    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Billiontoone Inc.                         | Billiontoone Inc. CL A                                 | CUSIP: 090168105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3014 | NS      | $246665.77    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Biolife Solutions Inc.                    | Biolife Solutions Inc. COM NEW                         | CUSIP: 09062W204<br>LEI: 549300G2IVCMC2TJDW72 | Long             | EC               | CORP              | US        |     65142 | NS      | $1575133.58   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackSky Technology Inc                   | BlackSky Technology Inc CL A NEW                       | CUSIP: 09263B207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21584 | NS      | $404700.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| CECO Environmental Corp.                  | CECO Environmental Corp. COM                           | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |     46023 | NS      | $2754476.53   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Celsius Holdings Inc.                     | Celsius Holdings Inc. COM NEW                          | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41385 | NS      | $1892949.89   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrus Energy Corp.                      | Centrus Energy Corp. CL A                              | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |      3452 | NS      | $838007.52    | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| CeriBell Inc.                             | CeriBell Inc. COM                                      | CUSIP: 15678C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77249 | NS      | $1694070.58   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Chefs Warehouse Inc.                      | Chefs Warehouse Inc. COM                               | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |      3549 | NS      | $221209.17    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corp.                   | Coastal Financial Corp. COM NEW                        | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |     27893 | NS      | $3196258.89   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalBridge Group Inc                   | DigitalBridge Group Inc CL A NEW                       | CUSIP: 25401T603<br>LEI: 549300XG87L902AGBO89 | Long             | EC               | CORP              | US        |    119679 | NS      | $1835875.87   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc.                    | ESCO Technologies Inc. COM USD0.01                     | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |     11560 | NS      | $2258708.38   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting, Inc.                      | FTI Consulting, Inc. COM USD0.01                       | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |      8109 | NS      | $1385260.47   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Firstcash Holdings Inc                    | Firstcash Holdings Inc COM                             | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12709 | NS      | $2025560.41   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp Inc.                      | Glacier Bancorp Inc. COM USD0.01                       | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |     48224 | NS      | $2124267.21   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Grid Dynamics Holdings Inc.               | Grid Dynamics Holdings Inc. CL A                       | CUSIP: 39813G109<br>LEI: 9845007E77EEC65AZE29 | Long             | EC               | CORP              | US        |     23962 | NS      | $216376.86    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Irhythm Technologies Inc                  | Irhythm Technologies Inc COM                           | CUSIP: 450056106<br>LEI: 549300FJI72RJGDQS384 | Long             | EC               | CORP              | US        |     11243 | NS      | $1994957.90   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Legence Corp.                             | Legence Corp. CL A                                     | CUSIP: 52476L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56846 | NS      | $2446651.78   | 0.86%             |  |  |  | No            |                  1 | On Loan: —       |
| OSI System Inc.                           | OSI System Inc. COM NPV                                | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |      2705 | NS      | $689937.29    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc.                   | Patrick Industries Inc. COM                            | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |     26631 | NS      | $2887599.39   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Praxis Precision Medicines Inc            | Praxis Precision Medicines Inc COM NEW                 | CUSIP: 74006W207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1954 | NS      | $575921.96    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Procept Biorobotics Corp.                 | Procept Biorobotics Corp. COM                          | CUSIP: 74276L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34851 | NS      | $1096412.48   | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| Red Violet Inc                            | Red Violet Inc COM                                     | CUSIP: 75704L104<br>LEI: 549300T4EGADG881UU63 | Long             | EC               | CORP              | US        |      6248 | NS      | $355823.59    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc               | Ryan Specialty Holdings Inc CL A                       | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29141 | NS      | $1504549.84   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Sezzle Inc.                               | Sezzle Inc. COM                                        | CUSIP: 78435P105<br>LEI: 9845000CA64541AE3I35 | Long             | EC               | CORP              | US        |     16779 | NS      | $1065047.06   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc.           | SS&C Technologies Holdings Inc. COM USD0.01            | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     22144 | NS      | $1935828.51   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies, Inc.                    | SPX Technologies, Inc. COM                             | CUSIP: 78473E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18042 | NS      | $3609482.48   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoals Technologies Group Inc             | Shoals Technologies Group Inc CL A                     | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    145632 | NS      | $1237872.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprout Social Inc.                        | Sprout Social Inc. COM CL A                            | CUSIP: 85209W109<br>LEI: 254900QE3QH8EBRDOB65 | Long             | EC               | CORP              | US        |     31043 | NS      | $349854.61    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation              | Stifel Financial Corporation COM                       | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |     25942 | NS      | $3248457.26   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Structure Therapeutics Inc                | Structure Therapeutics Inc SPONSORED ADS               | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     16457 | NS      | $1144584.34   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Aaon Inc                                  | Aaon Inc COM PAR $0.004                                | CUSIP: 000360206<br>LEI: 549300ZHF0E5VM7PUD37 | Long             | EC               | CORP              | US        |     23599 | NS      | $1799423.75   | 0.64%             |  |  |  | No            |                  1 | On Loan: —       |
| AAR Corp.                                 | AAR Corp. COM                                          | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     26475 | NS      | $2191865.26   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ThredUP Inc.                              | ThredUP Inc. CL A                                      | CUSIP: 88556E102<br>LEI: 549300JKGKTKX3L3XK25 | Long             | EC               | CORP              | US        |     47454 | NS      | $303231.06    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Trevi Therapeutics Inc                    | Trevi Therapeutics Inc COM                             | CUSIP: 89532M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95532 | NS      | $1196060.63   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Adma Biologics Inc                        | Adma Biologics Inc COM                                 | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86286 | NS      | $1573856.65   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports and Outdoors Inc           | Academy Sports and Outdoors Inc COM                    | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |     31334 | NS      | $1565446.64   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corporation              | Twist Bioscience Corporation COM                       | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |     52915 | NS      | $1678463.81   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Vericel Corporation                       | Vericel Corporation COM                                | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Long             | EC               | CORP              | US        |     37078 | NS      | $1335178.77   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial Inc                       | Virtu Financial Inc CL A                               | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |     39223 | NS      | $1306910.37   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Waystar Holding Corp                      | Waystar Holding Corp COM                               | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75683 | NS      | $2478618.25   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Xometry Inc                               | Xometry Inc CLASS A COM                                | CUSIP: 98423F109<br>LEI: 5493006JFRGU7YRRXE44 | Long             | EC               | CORP              | US        |     15029 | NS      | $893774.63    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Yeti Holdings Inc                         | Yeti Holdings Inc COM                                  | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     47550 | NS      | $2100283.53   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes PLC                              | Alkermes PLC COM USD0.01                               | CUSIP: G01767105<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     46162 | NS      | $1291612.74   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd.                         | Essent Group Ltd. COM USD0.015                         | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |     40415 | NS      | $2627379.17   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Kestra Medical Technologies Ltd.          | Kestra Medical Technologies Ltd. SHS                   | CUSIP: G52441105<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     12214 | NS      | $323915.28    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| On Holding AG                             | On Holding AG NAMEN AKT A                              | CUSIP: H5919C104<br>LEI: 506700FB3467B9W95526 | Long             | EC               | CORP              | CH        |     52867 | NS      | $2457258.17   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| NewAmsterdam Pharma Company NV            | NewAmsterdam Pharma Company NV ORDINARY SHARES         | CUSIP: N62509109<br>LEI: 984500B6549TF6E14D36 | Long             | EC               | CORP              | NL        |      9098 | NS      | $319157.84    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries, Inc.          | Advanced Energy Industries, Inc. COM                   | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |     14585 | NS      | $3053661.52   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                              | Agilysys Inc COM                                       | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |     27161 | NS      | $3227813.23   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro MicroSystems Inc                  | Allegro MicroSystems Inc COM                           | CUSIP: 01749D105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50108 | NS      | $1321849.03   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Digital Corp                      | Applied Digital Corp COM NEW                           | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |     35939 | NS      | $881224.29    | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Axsome Therapeutics Inc.                  | Axsome Therapeutics Inc. COM                           | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |      8511 | NS      | $1554449.05   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BEL Fuse Inc                              | BEL Fuse Inc CLASS'B'SHS USD0.1                        | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |      3864 | NS      | $655450.32    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Boot Barn Holdings Inc                    | Boot Barn Holdings Inc COM                             | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |     13800 | NS      | $2435286.05   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Braze Inc                                 | Braze Inc COM CL A                                     | CUSIP: 10576N102<br>LEI: 9845007B9EDBFD37C277 | Long             | EC               | CORP              | US        |     41969 | NS      | $1439117.04   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                                | Azenta Inc COM USD0.01                                 | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |     27390 | NS      | $910991.39    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Infrastructure Group Inc.        | Cardinal Infrastructure Group Inc. CL A                | CUSIP: 14154A102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24327 | NS      | $588226.83    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Celcuity Inc.                             | Celcuity Inc. COM                                      | CUSIP: 15102K100<br>LEI: 25490070W7UU7W2SEY87 | Long             | EC               | CORP              | US        |     11407 | NS      | $1137734.20   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CG Oncology Inc.                          | CG Oncology Inc. COM                                   | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7848 | NS      | $325848.96    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corporation                         | Ciena Corporation COM NEW                              | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     11475 | NS      | $2683658.27   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings Inc         | Clearwater Analytics Holdings Inc CL A                 | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    115360 | NS      | $2782483.18   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Beta Bionics Inc.                         | Beta Bionics Inc. COM                                  | CUSIP: 08659B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27368 | NS      | $833902.96    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                   | PTC Inc COM                                            | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |     16536 | NS      | $2880736.58   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp.                   | Primoris Services Corp. COM                            | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |      6814 | NS      | $845889.95    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| D-Wave Quantum Inc.                       | D-Wave Quantum Inc. COM                                | CUSIP: 26740W109<br>LEI: 5493001U37G4PRD4GW95 | Long             | EC               | CORP              | US        |      7780 | NS      | $203447.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Element Solutions Inc                     | Element Solutions Inc COM                              | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    128082 | NS      | $3200769.22   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowco Holdings Inc.                      | Flowco Holdings Inc. COM CL A                          | CUSIP: 342909108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92572 | NS      | $1734799.31   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Formfactor Inc                            | Formfactor Inc COM USD0.001                            | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |     34216 | NS      | $1908568.47   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Itron, Inc.                               | Itron, Inc. COM                                        | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |     20274 | NS      | $1882643.66   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                   | KBR Inc COM                                            | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     45577 | NS      | $1832195.41   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                            | TechnipFMC PLC USD1                                    | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |     68191 | NS      | $3038590.95   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                | Kirby Corp COM                                         | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |     22850 | NS      | $2517612.98   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc. | Kratos Defense & Security Solutions, Inc. COM NEW      | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |     31458 | NS      | $2387976.74   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc              | Life Time Group Holdings Inc COMMON STOCK              | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50372 | NS      | $1338887.76   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Holdings Inc.  | MACOM Technology Solutions Holdings Inc. COM           | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15687 | NS      | $2686869.37   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                       | Mercury Systems Inc COM USD0.01                        | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |     36082 | NS      | $2634346.85   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Miami International Holdings Inc.         | Miami International Holdings Inc. COM                  | CUSIP: 59356Q108<br>LEI: 254900TREUDBWGLAP788 | Long             | EC               | CORP              | US        |     10467 | NS      | $464525.47    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies Inc                   | Mirion Technologies Inc COM CL A                       | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |     75426 | NS      | $1766476.89   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co.                  | Modine Manufacturing Co. COM                           | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     16594 | NS      | $2215464.99   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Montrose Environmental Group Inc          | Montrose Environmental Group Inc COM                   | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |     51230 | NS      | $1272040.90   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ncino Inc.                                | Ncino Inc. COM                                         | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |     64371 | NS      | $1650472.49   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Neptune Insurance Holdings Inc.           | Neptune Insurance Holdings Inc. CL A                   | CUSIP: 64073B103<br>LEI: 529900I3QTHC0Q1C2D65 | Long             | EC               | CORP              | US        |      6985 | NS      | $203682.61    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Nlight Inc.                               | Nlight Inc. COM                                        | CUSIP: 65487K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14737 | NS      | $552784.87    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                               | Nutanix Inc CL A                                       | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |     34614 | NS      | $1789197.64   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Ocular Therapeutix Inc                    | Ocular Therapeutix Inc COM                             | CUSIP: 67576A100<br>LEI: 529900ABAWFXOHSIHG03 | Long             | EC               | CORP              | US        |    104265 | NS      | $1265777.08   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIC Pharmaceuticals Inc.                 | ORIC Pharmaceuticals Inc. COM                          | CUSIP: 68622P109<br>LEI: 54930033FJRNEYBW0L25 | Long             | EC               | CORP              | US        |     35731 | NS      | $292279.58    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ouster Inc                                | Ouster Inc COM NEW                                     | CUSIP: 68989M202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17931 | NS      | $388026.85    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc                      | Palomar Holdings Inc COM                               | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |     13871 | NS      | $1869255.98   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| PAR Technology Corp.                      | PAR Technology Corp. COM                               | CUSIP: 698884103<br>LEI: 549300HYPTHBJQINVG57 | Long             | EC               | CORP              | US        |     56507 | NS      | $2050073.99   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Pattern Group Inc.                        | Pattern Group Inc. COM SER A                           | CUSIP: 70339W104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48073 | NS      | $554762.45    | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Paymentus Holdings Inc                    | Paymentus Holdings Inc COM CL A                        | CUSIP: 70439P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23551 | NS      | $743976.09    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Companies                   | Piper Sandler Companies COM                            | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |      1669 | NS      | $566975.98    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc.                    | Powell Industries Inc. COM                             | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |       891 | NS      | $284032.98    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc                  | Procore Technologies Inc COM                           | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |     27163 | NS      | $1975836.66   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Rhythm Pharmaceuticals Inc                | Rhythm Pharmaceuticals Inc COM                         | CUSIP: 76243J105<br>LEI: 529900JPNWXQ8DPLA551 | Long             | EC               | CORP              | US        |      7070 | NS      | $756772.80    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholar Rock Holding Corp.                | Scholar Rock Holding Corp. COM                         | CUSIP: 80706P103<br>LEI: 549300Z1FLPGL4OWJ459 | Long             | EC               | CORP              | US        |     28051 | NS      | $1235646.54   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| GeneDx Holdings Corp                      | GeneDx Holdings Corp COM CL A                          | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17016 | NS      | $2213100.97   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                       | Shift4 Payments Inc CL A                               | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24549 | NS      | $1545850.51   | 0.55%             |  |  |  | No            |                  1 | On Loan: —       |
| SI-BONE Inc.                              | SI-BONE Inc. COM                                       | CUSIP: 825704109<br>LEI: 549300J8JGYVJJHV9C31 | Long             | EC               | CORP              | US        |     70149 | NS      | $1383338.29   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Champion Homes Inc.                       | Champion Homes Inc. COM                                | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29221 | NS      | $2469174.50   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group Inc     | Skyward Specialty Insurance Group Inc COM              | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |     31820 | NS      | $1626320.20   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Soleno Therapeutics Inc                   | Soleno Therapeutics Inc COM                            | CUSIP: 834203309<br>LEI: 5493003LCY77N7FXK844 | Long             | EC               | CORP              | US        |     22309 | NS      | $1032906.68   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp                | Standex International Corp COM                         | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |      2435 | NS      | $529076.80    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics, Inc.                      | Steel Dynamics, Inc. COM STK USD0.01                   | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     14349 | NS      | $2431438.10   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc               | Sterling Infrastructure Inc COM                        | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      2055 | NS      | $629302.66    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Synaptics Incorporated                    | Synaptics Incorporated COM USD0.001                    | CUSIP: 87157D109<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | EC               | CORP              | US        |     27919 | NS      | $2066564.41   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Tarsus Pharmaceuticals Inc                | Tarsus Pharmaceuticals Inc COM                         | CUSIP: 87650L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15897 | NS      | $1301646.37   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Travere Therapeutics Inc                  | Travere Therapeutics Inc COM                           | CUSIP: 89422G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8706 | NS      | $332656.25    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Technical Institute, Inc.       | Universal Technical Institute, Inc. COM USD0.0001      | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |     18520 | NS      | $483927.61    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Varonis Systems Inc                       | Varonis Systems Inc COM                                | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |     52514 | NS      | $1722459.22   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corporation                | Verra Mobility Corporation COM USD0.0001               | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |    111950 | NS      | $2508799.46   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Inc                                | Vertex Inc CL A                                        | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |     45617 | NS      | $910971.48    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Zeta Global Holdings Corp                 | Zeta Global Holdings Corp CL A                         | CUSIP: 98956A105<br>LEI: 2549008P9XSJQHGQ9S27 | Long             | EC               | CORP              | US        |     94331 | NS      | $1919635.86   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Genius Sports Ltd.                        | Genius Sports Ltd. COM NPV                             | CUSIP: G3934V109<br>LEI: N/A                  | Long             | EC               | CORP              | GG        |    178026 | NS      | $1961846.48   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilat Satellite Networks Ltd.             | Gilat Satellite Networks Ltd. SHS NEW                  | CUSIP: M51474118<br>LEI: 529900RVHDCYJ5YWHP12 | Long             | EC               | CORP              | IL        |     24451 | NS      | $316395.94    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd                                 | JFrog Ltd ORD SHS                                      | CUSIP: M6191J100<br>LEI: 2549002N8E00AY49G567 | Long             | EC               | CORP              | IL        |     54007 | NS      | $3373277.16   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Oddity Tech Ltd.                          | Oddity Tech Ltd. SHS CL A                              | CUSIP: M7518J104<br>LEI: 254900QH12XZS53G0V57 | Long             | EC               | CORP              | IL        |     43790 | NS      | $1759482.18   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TAT Technologies                          | TAT Technologies ORD NEW                               | CUSIP: M8740S227<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     16677 | NS      | $744794.83    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-12

**Name of Applicant:** EMPOWER FUNDS, INC.

**Signature:** /s/Kelly New

**Name of Signer:** Kelly New

**Title:** Treasurer, Empower Funds, Inc.