# EDGAR Filing Document

**Accession Number:** 0001484018
**File Stem:** 0002000324-25-004751
**Filing Date:** 2025-12
**Character Count:** 113826
**Document Hash:** a0468fb9f1b82fb99dfca94274816980
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-004751.hdr.sgml**: 20251222

**ACCESSION NUMBER**: 0002000324-25-004751

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251222

**DATE AS OF CHANGE**: 20251222

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Spinnaker ETF Series
- **CENTRAL INDEX KEY:** 0001484018

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22398
- **FILM NUMBER:** 251593248

**BUSINESS ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069
- **BUSINESS PHONE:** 252-972-9922

**MAIL ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Spinnaker ETF Trust
- **DATE OF NAME CHANGE:** 20100212

## Series and Classes Contracts Data

### Indexperts Quality Earnings Focused ETF (Series ID: S000088673)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000255013 | Indexperts Quality Earnings Focused ETF | QIDX            |

## Nport-Ex

---

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| XTR_FUND | XTR_FNDDSC | XTR_TKR | XTR_DESC1 | XTR_DESC2 | OCC_ID | XTR_CUSIP | XTR_GROUP | XTR_GROUP1 | XTR_GROUP2 | XTR_CATGRY | XTR_CATDSC | XTR_SECTOR | XTR_SECTR1 | XTR_SECTR2 | XTR_CONTRY | XTR_CONDSC | XTR_STATE | XTR_STNAME | XTR_CURNCY | XTR_CURDSC | XTR_MATDAT | XTR_SUBUNT | XTR_SUBDSC | XTR_PRICE | XTR_PRISRC | SECTYPE | SECTYPE2 | RPT_ID | INCLUD_CAT | LEGAL1 | LEGAL2 | LEGAL3 | LEGAL4 | LEGAL5 | LEGAL6 | BAS_Q_DECS | BAS_M_DECS | LCL_P_DECS | LCL_Q_DECS | ISBASCURR | POS_INCOM | CLASS | QTYINDIC | FAS_LEVEL | PROCESS_DATE | SECTOR | FUNDCURR | BASECURR | POS_QTY | POS_ORGCST | POS_AMORT | POS_MKTVAL | RND_MKTVAL | POS_GL | RNDPOS_GL | POS_YIELD | YIELDTOCALL | POS_YTM | POS_YTM_NA | POS_PC_PRT | POS_PC_AST | POS_PC_NAS | POS_ORGFAC | FAS_TODAY_ONLY | LEI | PRICE_ID | PRICINGMETHOD |
| 449 | INDEXPERTS QUALITY EARNINGS | DXCM | DEXCOM INC COM |  |  | 252131107 |  | UNGROUPED SECURITIES |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 58.22 |  |  |  |  |  | DEXCOM INC COM |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2526.00 | 210886.79 | 210886.79 | 147063.72 | 147063.72 | -63823.07 | -63823.07 | 0.00 | False | 0.00 | N/A | 0.42 | 0.42 | 0.42 | 0.00 |  |  | DXCM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CW | Curtiss-Wright Corp |  |  | 231561101 | 1002 | Defense |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NC | NORTH CAROLINA | USD | US DOLLAR | 1/0/1900 |  |  | 595.73 |  |  |  |  |  | Curtiss-Wright Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 305.62 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 413.00 | 156486.57 | 156486.57 | 246036.49 | 246036.49 | 89549.92 | 89549.92 | 0.12 | False | 0.00 | N/A | 0.71 | 0.71 | 0.71 | 0.00 |  |  | CW<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | MO | Altria Group Inc |  |  | 02209S103 | 1006 | Agriculture |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 56.38 |  |  |  |  |  | Altria Group Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 34848.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 9075.00 | 543834.90 | 543834.90 | 511648.50 | 511648.50 | -32186.40 | -32186.40 | 6.81 | False | 0.00 | N/A | 1.47 | 1.47 | 1.47 | 0.00 |  |  | MO<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TPB | Turning Point Brands | Inc |  | 90041L105 | 1006 | Agriculture |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | KY | KENTUCKY | USD | US DOLLAR | 1/0/1900 |  |  | 89.90 |  |  |  |  |  | Turning Point Brands | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1338.00 | 96671.26 | 96671.26 | 120286.20 | 120286.20 | 23614.94 | 23614.94 | 0.00 | False | 0.00 | N/A | 0.35 | 0.35 | 0.35 | 0.00 |  |  | TPB<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HEI | HEICO Corp |  |  | 422806109 | 1007 | Airlines |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 1/0/1900 |  |  | 317.77 |  |  |  |  |  | HEICO Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 568.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2840.00 | 778591.97 | 778591.97 | 902466.80 | 902466.80 | 123874.83 | 123874.83 | 0.06 | False | 0.00 | N/A | 2.60 | 2.60 | 2.60 | 0.00 |  |  | HEI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | RL | Ralph Lauren Corp |  |  | 751212101 | 1009 | Apparel |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 319.66 |  |  |  |  |  | Ralph Lauren Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1983.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 661.00 | 168401.03 | 168401.03 | 211295.26 | 211295.26 | 42894.23 | 42894.23 | 0.94 | False | 0.00 | N/A | 0.61 | 0.61 | 0.61 | 0.00 |  |  | RL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PCAR | PACCAR Inc |  |  | 693718108 | 1012 | Auto Manufacturers |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 1/0/1900 |  |  | 98.40 |  |  |  |  |  | PACCAR Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10078.48 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2377.00 | 240574.03 | 240574.03 | 233896.80 | 233896.80 | -6677.23 | -6677.23 | 4.31 | False | 0.00 | N/A | 0.67 | 0.67 | 0.67 | 0.00 |  |  | PCAR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ALSN | Allison Transmission | Holdings Inc |  | 01973R101 | 1013 | Auto Parts |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IN | INDIANA | USD | US DOLLAR | 1/0/1900 |  |  | 82.55 |  |  |  |  |  | Allison Transmission | Holdings Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1647.00 | 167189.75 | 167189.75 | 135959.85 | 135959.85 | -31229.90 | -31229.90 | 0.00 | False | 0.00 | N/A | 0.39 | 0.39 | 0.39 | 0.00 |  |  | ALSN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ALV | AUTOLIV INC |  |  | 052800109 | 1013 | Auto Parts |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 116.80 |  |  |  |  |  | AUTOLIV INC |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4410.28 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1658.00 | 164416.78 | 164416.78 | 193654.40 | 193654.40 | 29237.62 | 29237.62 | 2.28 | False | 0.00 | N/A | 0.56 | 0.56 | 0.56 | 0.00 |  |  | ALV<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | DORM | Dorman Products Inc |  |  | 258278100 | 1013 | Auto Parts |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 1/0/1900 |  |  | 134.13 |  |  |  |  |  | Dorman Products Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2072.00 | 262142.12 | 262142.12 | 277917.36 | 277917.36 | 15775.24 | 15775.24 | 0.00 | False | 0.00 | N/A | 0.80 | 0.80 | 0.80 | 0.00 |  |  | DORM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | THRM | Gentherm Inc |  |  | 37253A103 | 1013 | Auto Parts |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 1/0/1900 |  |  | 36.80 |  |  |  |  |  | Gentherm Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3699.00 | 114506.22 | 114506.22 | 136123.20 | 136123.20 | 21616.98 | 21616.98 | 0.00 | False | 0.00 | N/A | 0.39 | 0.39 | 0.39 | 0.00 |  |  | THRM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | REGN | Regeneron Pharmaceut | icals Inc |  | 75886F107 | 1017 | Biotech |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 651.80 |  |  |  |  |  | Regeneron Pharmaceut | icals Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 406.00 | 252353.49 | 252353.49 | 264630.80 | 264630.80 | 12277.31 | 12277.31 | 0.00 | False | 0.00 | N/A | 0.76 | 0.76 | 0.76 | 0.00 |  |  | REGN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | VRTX | Vertex Pharmaceutica | ls Inc |  | 92532F100 | 1017 | Biotech |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 425.57 |  |  |  |  |  | Vertex Pharmaceutica | ls Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 492.00 | 220562.50 | 220562.50 | 209380.44 | 209380.44 | -11182.06 | -11182.06 | 0.00 | False | 0.00 | N/A | 0.60 | 0.60 | 0.60 | 0.00 |  |  | VRTX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TGLS | Tecnoglass Inc |  |  | G87264100 | 1020 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | CO | COLUMBIA |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 59.63 |  |  |  |  |  | Tecnoglass Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1191.00 | 94311.02 | 94311.02 | 71019.33 | 71019.33 | -23291.69 | -23291.69 | 0.00 | False | 0.00 | N/A | 0.20 | 0.20 | 0.20 | 0.00 |  |  | TGLS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HWKN | Hawkins Inc |  |  | 420261109 | 1021 | Specialty Chemicals |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MN | MINNESOTA | USD | US DOLLAR | 1/0/1900 |  |  | 141.85 |  |  |  |  |  | Hawkins Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 497.24 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 802.00 | 98667.06 | 98667.06 | 113763.70 | 113763.70 | 15096.64 | 15096.64 | 0.44 | False | 0.00 | N/A | 0.33 | 0.33 | 0.33 | 0.00 |  |  | HWKN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ROG | Rogers Corp |  |  | 775133101 | 1021 | Specialty Chemicals |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AZ | ARIZONA | USD | US DOLLAR | 1/0/1900 |  |  | 87.54 |  |  |  |  |  | Rogers Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1459.00 | 113877.51 | 113877.51 | 127720.86 | 127720.86 | 13843.35 | 13843.35 | 0.00 | False | 0.00 | N/A | 0.37 | 0.37 | 0.37 | 0.00 |  |  | ROG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SXT | Sensient Technologie | s Corp |  | 81725T100 | 1021 | Specialty Chemicals |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WI | WISCONSIN | USD | US DOLLAR | 1/0/1900 |  |  | 94.29 |  |  |  |  |  | Sensient Technologie | s Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1685.92 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1028.00 | 81497.85 | 81497.85 | 96930.12 | 96930.12 | 15432.27 | 15432.27 | 1.74 | False | 0.00 | N/A | 0.28 | 0.28 | 0.28 | 0.00 |  |  | SXT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CRVL | CorVel Corp |  |  | 221006109 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 73.95 |  |  |  |  |  | CorVel Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 852.00 | 92928.53 | 92928.53 | 63005.40 | 63005.40 | -29923.13 | -29923.13 | 0.00 | False | 0.00 | N/A | 0.18 | 0.18 | 0.18 | 0.00 |  |  | CRVL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | GHC | Graham Holdings | Company |  | 384637104 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 1012.13 |  |  |  |  |  | Graham Holdings | Company |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1617.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 245.00 | 226677.42 | 226677.42 | 247971.85 | 247971.85 | 21294.43 | 21294.43 | 0.65 | False | 0.00 | N/A | 0.71 | 0.71 | 0.71 | 0.00 |  |  | GHC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HCKT | Hackett Group Inc/Th | e |  | 404609109 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 1/0/1900 |  |  | 18.11 |  |  |  |  |  | Hackett Group Inc/Th | e |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3956.00 | 109648.04 | 109648.04 | 71643.16 | 71643.16 | -38004.88 | -38004.88 | 0.00 | False | 0.00 | N/A | 0.21 | 0.21 | 0.21 | 0.00 |  |  | HCKT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SPGI | S&P Global Inc |  |  | 78409V104 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 487.21 |  |  |  |  |  | S&P Global Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3772.80 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1048.00 | 533468.56 | 533468.56 | 510596.08 | 510596.08 | -22872.48 | -22872.48 | 0.74 | False | 0.00 | N/A | 1.47 | 1.47 | 1.47 | 0.00 |  |  | SPGI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SCI | Service Corp Interna | tional/US |  | 817565104 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 83.51 |  |  |  |  |  | Service Corp Interna | tional/US |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2371.04 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2117.00 | 164952.67 | 164952.67 | 176790.67 | 176790.67 | 11838.00 | 11838.00 | 1.34 | False | 0.00 | N/A | 0.51 | 0.51 | 0.51 | 0.00 |  |  | SCI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TNET | TriNet Group Inc |  |  | 896288107 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 60.00 |  |  |  |  |  | TriNet Group Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1984.00 | 161677.55 | 161677.55 | 119040.00 | 119040.00 | -42637.55 | -42637.55 | 0.00 | False | 0.00 | N/A | 0.34 | 0.34 | 0.34 | 0.00 |  |  | TNET<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | VRSK | Verisk Analytics Inc |  |  | 92345Y106 | 1025 | Commercial Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NJ | NEW JERSEY | USD | US DOLLAR | 1/0/1900 |  |  | 218.76 |  |  |  |  |  | Verisk Analytics Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 943.84 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 694.00 | 202435.66 | 202435.66 | 151819.44 | 151819.44 | -50616.22 | -50616.22 | 0.62 | False | 0.00 | N/A | 0.44 | 0.44 | 0.44 | 0.00 |  |  | VRSK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AAPL | Apple Inc |  |  | 037833100 | 1027 | IT Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 270.37 |  |  |  |  |  | Apple Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2562.15 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2697.00 | 539047.86 | 539047.86 | 729187.89 | 729187.89 | 190140.03 | 190140.03 | 0.35 | False | 0.00 | N/A | 2.10 | 2.10 | 2.10 | 0.00 |  |  | AAPL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CACI | CACI International I | nc |  | 127190304 | 1027 | IT Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 562.25 |  |  |  |  |  | CACI International I | nc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 339.00 | 156898.64 | 156898.64 | 190602.75 | 190602.75 | 33704.11 | 33704.11 | 0.00 | False | 0.00 | N/A | 0.55 | 0.55 | 0.55 | 0.00 |  |  | CACI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CTSH | Cognizant Technology | Solutions Corp |  | 192446102 | 1027 | IT Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NJ | NEW JERSEY | USD | US DOLLAR | 1/0/1900 |  |  | 72.88 |  |  |  |  |  | Cognizant Technology | Solutions Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7900.76 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 6811.00 | 546561.97 | 546561.97 | 496385.68 | 496385.68 | -50176.29 | -50176.29 | 1.59 | False | 0.00 | N/A | 1.43 | 1.43 | 1.43 | 0.00 |  |  | CTSH<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | EXLS | ExlService Holdings | Inc |  | 302081104 | 1027 | IT Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 39.10 |  |  |  |  |  | ExlService Holdings | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2163.00 | 98135.81 | 98135.81 | 84573.30 | 84573.30 | -13562.51 | -13562.51 | 0.00 | False | 0.00 | N/A | 0.24 | 0.24 | 0.24 | 0.00 |  |  | EXLS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AVNT | Avient Corp |  |  | 05368V106 | 1032 | Distribution/Wholesa | le | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 32.07 |  |  |  |  |  | Avient Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2659.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2659.00 | 104198.38 | 104198.38 | 85274.13 | 85274.13 | -18924.25 | -18924.25 | 3.12 | False | 0.00 | N/A | 0.25 | 0.25 | 0.25 | 0.00 |  | SM8L9RZYIB34LNTWO040 | AVNT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LKQ | LKQ Corp |  |  | 501889208 | 1032 | Distribution/Wholesa | le | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 31.96 |  |  |  |  |  | LKQ Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4585.50 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 4076.00 | 158582.84 | 158582.84 | 130268.96 | 130268.96 | -28313.88 | -28313.88 | 3.52 | False | 0.00 | N/A | 0.38 | 0.38 | 0.38 | 0.00 |  |  | LKQ<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AAMI | ACADIAN ASSET | MANAGEMENT INC |  | 10948W103 | 1033 | Diversified Finan Se | rv | COMMSTCK | COMMON STOCK |  |  |  | UKS | UNITED KINGDOM |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 48.10 |  |  |  |  |  | BrightSphere Investm | ent Group PLC |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 133.16 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3329.00 | 93697.97 | 93697.97 | 160124.90 | 160124.90 | 66426.93 | 66426.93 | 0.08 | False | 0.00 | N/A | 0.46 | 0.46 | 0.46 | 0.00 |  |  | AAMI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AXP | American Express Co |  |  | 025816109 | 1033 | Diversified Finan Se | rv | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 360.73 |  |  |  |  |  | American Express Co |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1735.36 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 748.00 | 216871.20 | 216871.20 | 269826.04 | 269826.04 | 52954.84 | 52954.84 | 0.64 | False | 0.00 | N/A | 0.78 | 0.78 | 0.78 | 0.00 |  |  | AXP<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HLI | Houlihan Lokey Inc |  |  | 441593100 | 1033 | Diversified Finan Se | rv | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 179.08 |  |  |  |  |  | Houlihan Lokey Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1970.72 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 904.00 | 156862.21 | 156862.21 | 161888.32 | 161888.32 | 5026.11 | 5026.11 | 1.22 | False | 0.00 | N/A | 0.47 | 0.47 | 0.47 | 0.00 |  |  | HLI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | MA | Mastercard Inc |  |  | 57636Q104 | 1033 | Diversified Finan Se | rv | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 551.99 |  |  |  |  |  | Mastercard Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 861.84 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 378.00 | 208484.88 | 208484.88 | 208652.22 | 208652.22 | 167.34 | 167.34 | 0.41 | False | 0.00 | N/A | 0.60 | 0.60 | 0.60 | 0.00 |  |  | MA<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NRG | NRG Energy Inc |  |  | 629377508 | 1034 | Electric |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NJ | NEW JERSEY | USD | US DOLLAR | 1/0/1900 |  |  | 171.86 |  |  |  |  |  | NRG Energy Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6751.21 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 4471.00 | 699271.34 | 699271.34 | 768386.06 | 768386.06 | 69114.72 | 69114.72 | 0.88 | False | 0.00 | N/A | 2.21 | 2.21 | 2.21 | 0.00 |  |  | NRG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | OTTR | Otter Tail Corp |  |  | 689648103 | 1034 | Electric |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MN | MINNESOTA | USD | US DOLLAR | 1/0/1900 |  |  | 77.22 |  |  |  |  |  | Otter Tail Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2266.25 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1295.00 | 101450.91 | 101450.91 | 99999.90 | 99999.90 | -1451.01 | -1451.01 | 2.27 | False | 0.00 | N/A | 0.29 | 0.29 | 0.29 | 0.00 |  |  | OTTR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AYI | Acuity Brands Inc |  |  | 00508Y102 | 1035 | Electrical Compo&Equ | ip | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | GA | GEORGIA | USD | US DOLLAR | 1/0/1900 |  |  | 365.05 |  |  |  |  |  | Acuity Brands Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 317.72 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 611.00 | 180766.05 | 180766.05 | 223045.55 | 223045.55 | 42279.50 | 42279.50 | 0.14 | False | 0.00 | N/A | 0.64 | 0.64 | 0.64 | 0.00 |  |  | AYI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | IIIN | Insteel Industries I | nc |  | 45774W108 | 1035 | Electrical Compo&Equ | ip | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NC | NORTH CAROLINA | USD | US DOLLAR | 1/0/1900 |  |  | 31.24 |  |  |  |  |  | Insteel Industries I | nc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7139.50 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2725.00 | 81715.24 | 81715.24 | 85129.00 | 85129.00 | 3413.76 | 3413.76 | 8.39 | False | 0.00 | N/A | 0.25 | 0.25 | 0.25 | 0.00 |  |  | IIIN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | APH | Amphenol Corp |  |  | 032095101 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 1/0/1900 |  |  | 139.34 |  |  |  |  |  | Amphenol Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2295.85 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2701.00 | 238720.16 | 238720.16 | 376357.34 | 376357.34 | 137637.18 | 137637.18 | 0.61 | False | 0.00 | N/A | 1.08 | 1.08 | 1.08 | 0.00 |  |  | APH<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ATKR | Atkore International | Group Inc |  | 047649108 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 69.25 |  |  |  |  |  | Atkore International | Group Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1422.00 | 97391.12 | 97391.12 | 98473.50 | 98473.50 | 1082.38 | 1082.38 | 0.00 | False | 0.00 | N/A | 0.28 | 0.28 | 0.28 | 0.00 |  |  | ATKR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NSSC | Napco Security Techn | ologies Inc |  | 630402105 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 44.15 |  |  |  |  |  | Napco Security Techn | ologies Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3702.00 | 107780.97 | 107780.97 | 163443.30 | 163443.30 | 55662.33 | 55662.33 | 0.00 | False | 0.00 | N/A | 0.47 | 0.47 | 0.47 | 0.00 |  |  | NSSC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PLXS | Plexus Corp |  |  | 729132100 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WI | WISCONSIN | USD | US DOLLAR | 1/0/1900 |  |  | 139.90 |  |  |  |  |  | Plexus Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 771.00 | 100487.46 | 100487.46 | 107862.90 | 107862.90 | 7375.44 | 7375.44 | 0.00 | False | 0.00 | N/A | 0.31 | 0.31 | 0.31 | 0.00 |  |  | PLXS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | REZI | Resideo Technologies | Inc |  | 76118Y104 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MN | MINNESOTA | USD | US DOLLAR | 1/0/1900 |  |  | 42.80 |  |  |  |  |  | Resideo Technologies | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 5025.00 | 111231.74 | 111231.74 | 215070.00 | 215070.00 | 103838.26 | 103838.26 | 0.00 | False | 0.00 | N/A | 0.62 | 0.62 | 0.62 | 0.00 |  |  | REZI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TRNS | Transcat Inc |  |  | 893529107 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 72.65 |  |  |  |  |  | Transcat Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1243.00 | 109203.65 | 109203.65 | 90303.95 | 90303.95 | -18899.70 | -18899.70 | 0.00 | False | 0.00 | N/A | 0.26 | 0.26 | 0.26 | 0.00 |  |  | TRNS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | WTS | Watts Water Technolo | gies Inc |  | 942749102 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 272.60 |  |  |  |  |  | Watts Water Technolo | gies Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 557.52 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 404.00 | 88375.83 | 88375.83 | 110130.40 | 110130.40 | 21754.57 | 21754.57 | 0.51 | False | 0.00 | N/A | 0.32 | 0.32 | 0.32 | 0.00 |  |  | WTS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ACM | AECOM |  |  | 00766T100 | 1038 | Engineering&Construc | tion | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 134.35 |  |  |  |  |  | AECOM |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 5107.00 | 556354.56 | 556354.56 | 686125.45 | 686125.45 | 129770.89 | 129770.89 | 0.00 | False | 0.00 | N/A | 1.98 | 1.98 | 1.98 | 0.00 |  |  | ACM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AGX | Argan Inc |  |  | 04010E109 | 1038 | Engineering&Construc | tion | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MD | MARYLAND | USD | US DOLLAR | 1/0/1900 |  |  | 306.21 |  |  |  |  |  | Argan Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 588.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 560.00 | 114645.90 | 114645.90 | 171477.60 | 171477.60 | 56831.70 | 56831.70 | 0.34 | False | 0.00 | N/A | 0.49 | 0.49 | 0.49 | 0.00 |  |  | AGX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FIX | Comfort Systems USA | Inc |  | 199908104 | 1038 | Engineering&Construc | tion | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 965.58 |  |  |  |  |  | Comfort Systems USA | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 172.55 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 203.00 | 90856.90 | 90856.90 | 196012.74 | 196012.74 | 105155.84 | 105155.84 | 0.09 | False | 0.00 | N/A | 0.56 | 0.56 | 0.56 | 0.00 |  |  | FIX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | BYD | BOYD GAMING CORP |  |  | 103304101 | 1039 | Entertainment |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NV | NEVADA | USD | US DOLLAR | 1/0/1900 |  |  | 77.87 |  |  |  |  |  | BOYD GAMING CORP |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2290.00 | 172412.60 | 172412.60 | 178322.30 | 178322.30 | 5909.70 | 5909.70 | 0.00 | False | 0.00 | N/A | 0.51 | 0.51 | 0.51 | 0.00 |  |  | BYD<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FOXA | FOX CORP-CLASS A |  |  | 35137L105 | 1039 | Entertainment |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 64.65 |  |  |  |  |  | FOX CORP-CLASS A |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1655.46 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3246.00 | 179017.40 | 179017.40 | 209853.90 | 209853.90 | 30836.50 | 30836.50 | 0.79 | False | 0.00 | N/A | 0.60 | 0.60 | 0.60 | 0.00 |  |  | FOXA<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | RCL | Royal Caribbean Crui | ses Ltd |  | V7780T103 | 1039 | Entertainment |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 1/0/1900 |  |  | 286.83 |  |  |  |  |  | Royal Caribbean Crui | ses Ltd |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 907.00 | 225190.10 | 225190.10 | 260154.81 | 260154.81 | 34964.71 | 34964.71 | 0.00 | False | 0.00 | N/A | 0.75 | 0.75 | 0.75 | 0.00 |  |  | RCL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HRL | Hormel Foods Corp |  |  | 440452100 | 1047 | Food & Drug Stores |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MN | MINNESOTA | USD | US DOLLAR | 1/0/1900 |  |  | 21.59 |  |  |  |  |  | Hormel Foods Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 20312.60 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 18466.00 | 543974.25 | 543974.25 | 398680.94 | 398680.94 | -145293.31 | -145293.31 | 5.09 | False | 0.00 | N/A | 1.15 | 1.15 | 1.15 | 0.00 |  |  | HRL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | IMKTA | Ingles Markets Inc |  |  | 457030104 | 1047 | Food & Drug Stores |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NC | NORTH CAROLINA | USD | US DOLLAR | 1/0/1900 |  |  | 69.10 |  |  |  |  |  | Ingles Markets Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1033.56 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1566.00 | 99521.06 | 99521.06 | 108210.60 | 108210.60 | 8689.54 | 8689.54 | 0.96 | False | 0.00 | N/A | 0.31 | 0.31 | 0.31 | 0.00 |  |  | IMKTA<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | KR | Kroger Co/The |  |  | 501044101 | 1047 | Food & Drug Stores |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 63.63 |  |  |  |  |  | Kroger Co/The |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8245.60 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 7496.00 | 491008.89 | 491008.89 | 476970.48 | 476970.48 | -14038.41 | -14038.41 | 1.73 | False | 0.00 | N/A | 1.37 | 1.37 | 1.37 | 0.00 |  |  | KR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | WMK | Weis Markets Inc |  |  | 948849104 | 1047 | Food & Drug Stores |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 1/0/1900 |  |  | 63.34 |  |  |  |  |  | Weis Markets Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1180.00 | 87217.09 | 87217.09 | 74741.20 | 74741.20 | -12475.89 | -12475.89 | 0.00 | False | 0.00 | N/A | 0.22 | 0.22 | 0.22 | 0.00 |  | 529900A0WHA0NVXY0G45 | WMK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CPK | Chesapeake Utilities | Corp |  | 165303108 | 1052 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | DE | DELAWARE | USD | US DOLLAR | 1/0/1900 |  |  | 127.28 |  |  |  |  |  | Chesapeake Utilities | Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1740.28 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 755.00 | 92321.34 | 92321.34 | 96096.40 | 96096.40 | 3775.06 | 3775.06 | 1.81 | False | 0.00 | N/A | 0.28 | 0.28 | 0.28 | 0.00 |  |  | CPK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NFG | National Fuel Gas Co |  |  | 636180101 | 1052 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NJ | NEW JERSEY | USD | US DOLLAR | 1/0/1900 |  |  | 78.91 |  |  |  |  |  | National Fuel Gas Co |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3920.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2000.00 | 151440.29 | 151440.29 | 157820.00 | 157820.00 | 6379.71 | 6379.71 | 2.48 | False | 0.00 | N/A | 0.45 | 0.45 | 0.45 | 0.00 |  |  | NFG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ABT | Abbott Laboratories |  |  | 002824100 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 123.62 |  |  |  |  |  | Abbott Laboratories |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8204.88 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 4022.00 | 509752.48 | 509752.48 | 497199.64 | 497199.64 | -12552.84 | -12552.84 | 1.65 | False | 0.00 | N/A | 1.43 | 1.43 | 1.43 | 0.00 |  |  | ABT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LMAT | LeMaitre Vascular In | c |  | 525558201 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 86.61 |  |  |  |  |  | LeMaitre Vascular In | c |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 663.04 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1184.00 | 106735.08 | 106735.08 | 102546.24 | 102546.24 | -4188.84 | -4188.84 | 0.65 | False | 0.00 | N/A | 0.30 | 0.30 | 0.30 | 0.00 |  | 549300FZUBUB7MHY8R17 | LMAT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | OMI | OWENS & MINOR | INC |  | 690732102 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 3.97 |  |  |  |  |  | OWENS & MINOR | INC |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 35.02 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 14009.00 | 105177.41 | 105177.41 | 55615.73 | 55615.73 | -49561.68 | -49561.68 | 0.06 | False | 0.00 | N/A | 0.16 | 0.16 | 0.16 | 0.00 |  |  | OMI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | RMD | ResMed Inc |  |  | 761152107 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 246.88 |  |  |  |  |  | ResMed Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4013.04 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2181.00 | 538057.10 | 538057.10 | 538445.28 | 538445.28 | 388.18 | 388.18 | 0.75 | False | 0.00 | N/A | 1.55 | 1.55 | 1.55 | 0.00 |  |  | RMD<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SYK | Stryker Corp |  |  | 863667101 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 1/0/1900 |  |  | 356.24 |  |  |  |  |  | Stryker Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4260.85 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1397.00 | 528969.99 | 528969.99 | 497667.28 | 497667.28 | -31302.71 | -31302.71 | 0.86 | False | 0.00 | N/A | 1.43 | 1.43 | 1.43 | 0.00 |  |  | SYK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TMO | Thermo Fisher Scient | ific Inc |  | 883556102 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 567.39 |  |  |  |  |  | Thermo Fisher Scient | ific Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2591.40 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1851.00 | 874001.25 | 874001.25 | 1050238.89 | 1050238.89 | 176237.64 | 176237.64 | 0.25 | False | 0.00 | N/A | 3.03 | 3.02 | 3.03 | 0.00 |  |  | TMO<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CNC | Centene Corp |  |  | 15135B101 | 1055 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MO | MISSOURI | USD | US DOLLAR | 1/0/1900 |  |  | 35.37 |  |  |  |  |  | Centene Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3428.00 | 196264.73 | 196264.73 | 121248.36 | 121248.36 | -75016.37 | -75016.37 | 0.00 | False | 0.00 | N/A | 0.35 | 0.35 | 0.35 | 0.00 |  |  | CNC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CI | Cigna Corp |  |  | 125523100 | 1055 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 1/0/1900 |  |  | 244.41 |  |  |  |  |  | Cigna Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3198.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 650.00 | 194157.15 | 194157.15 | 158866.50 | 158866.50 | -35290.65 | -35290.65 | 2.01 | False | 0.00 | N/A | 0.46 | 0.46 | 0.46 | 0.00 |  |  | CI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SEM | Select Medical Holdi | ngs Corp |  | 81619Q105 | 1055 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 1/0/1900 |  |  | 13.83 |  |  |  |  |  | Select Medical Holdi | ngs Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3332.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 6664.00 | 108393.17 | 108393.17 | 92163.12 | 92163.12 | -16230.05 | -16230.05 | 3.62 | False | 0.00 | N/A | 0.27 | 0.27 | 0.27 | 0.00 |  |  | SEM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ETD | Ethan Allen Interior | s Inc |  | 297602104 | 1059 | Home Furnishings |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 1/0/1900 |  |  | 24.17 |  |  |  |  |  | Ethan Allen Interior | s Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7098.40 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3736.00 | 104549.85 | 104549.85 | 90299.12 | 90299.12 | -14250.73 | -14250.73 | 7.86 | False | 0.00 | N/A | 0.26 | 0.26 | 0.26 | 0.00 |  |  | ETD<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AFG | American Financial | Group Inc/OH |  | 025932104 | 1062 | Insurance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 131.68 |  |  |  |  |  | American Financial | Group Inc/OH |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10789.20 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1332.00 | 170694.72 | 170694.72 | 175397.76 | 175397.76 | 4703.04 | 4703.04 | 6.15 | False | 0.00 | N/A | 0.51 | 0.51 | 0.51 | 0.00 |  |  | AFG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | BRK/B | Berkshire Hathaway I | nc |  | 084670702 | 1062 | Insurance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NE | NEBRASKA | USD | US DOLLAR | 1/0/1900 |  |  | 477.54 |  |  |  |  |  | Berkshire Hathaway I | nc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1037.00 | 497412.92 | 497412.92 | 495208.98 | 495208.98 | -2203.94 | -2203.94 | 0.00 | False | 0.00 | N/A | 1.43 | 1.43 | 1.43 | 0.00 |  |  | BRK/B<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | THG | Hanover Insurance Gr | oup Inc/The |  | 410867105 | 1062 | Insurance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 170.88 |  |  |  |  |  | Hanover Insurance Gr | oup Inc/The |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3207.84 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 978.00 | 158145.17 | 158145.17 | 167120.64 | 167120.64 | 8975.47 | 8975.47 | 1.92 | False | 0.00 | N/A | 0.48 | 0.48 | 0.48 | 0.00 |  |  | THG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PGR | Progressive Corp/The |  |  | 743315103 | 1062 | Insurance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 206.00 |  |  |  |  |  | Progressive Corp/The |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 303.20 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 758.00 | 200812.04 | 200812.04 | 156148.00 | 156148.00 | -44664.04 | -44664.04 | 0.19 | False | 0.00 | N/A | 0.45 | 0.45 | 0.45 | 0.00 |  |  | PGR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TRV | Travelers Cos Inc/Th | e |  | 89417E109 | 1062 | Insurance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 268.62 |  |  |  |  |  | Travelers Cos Inc/Th | e |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3124.35 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 795.00 | 198932.29 | 198932.29 | 213552.90 | 213552.90 | 14620.61 | 14620.61 | 1.46 | False | 0.00 | N/A | 0.62 | 0.62 | 0.62 | 0.00 |  |  | TRV<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | GOOGL | Alphabet Inc |  |  | 02079K305 | 1063 | Internet |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 281.19 |  |  |  |  |  | Alphabet Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3484.00 | 640067.02 | 640067.02 | 979665.96 | 979665.96 | 339598.94 | 339598.94 | 0.00 | False | 0.00 | N/A | 2.82 | 2.82 | 2.82 | 0.00 |  |  | GOOGL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FFIV | F5 Networks Inc |  |  | 315616102 | 1063 | Internet |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 1/0/1900 |  |  | 253.05 |  |  |  |  |  | F5 Networks Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1989.00 | 569082.61 | 569082.61 | 503316.45 | 503316.45 | -65766.16 | -65766.16 | 0.00 | False | 0.00 | N/A | 1.45 | 1.45 | 1.45 | 0.00 |  |  | FFIV<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NFLX | Netflix Inc |  |  | 64110L106 | 1063 | Internet |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 1118.86 |  |  |  |  |  | Netflix Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 172.00 | 180136.01 | 180136.01 | 192443.92 | 192443.92 | 12307.91 | 12307.91 | 0.00 | False | 0.00 | N/A | 0.55 | 0.55 | 0.55 | 0.00 |  |  | NFLX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PANW | Palo Alto Networks I | nc |  | 697435105 | 1063 | Internet |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 220.24 |  |  |  |  |  | Palo Alto Networks I | nc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1137.00 | 213074.43 | 213074.43 | 250412.88 | 250412.88 | 37338.45 | 37338.45 | 0.00 | False | 0.00 | N/A | 0.72 | 0.72 | 0.72 | 0.00 |  |  | PANW<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SSTK | Shutterstock Inc |  |  | 825690100 | 1063 | Internet |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 25.03 |  |  |  |  |  | Shutterstock Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5685.12 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 5264.00 | 112025.37 | 112025.37 | 131757.92 | 131757.92 | 19732.55 | 19732.55 | 4.31 | False | 0.00 | N/A | 0.38 | 0.38 | 0.38 | 0.00 |  |  | SSTK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ARCC | Ares Capital Corp |  |  | 04010L103 | 1064 | Investment Companies |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 20.35 |  |  |  |  |  | Ares Capital Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 14782.08 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 7699.00 | 171111.78 | 171111.78 | 156674.65 | 156674.65 | -14437.13 | -14437.13 | 9.43 | False | 0.00 | N/A | 0.45 | 0.45 | 0.45 | 0.00 |  |  | ARCC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | HLT | Hilton Worldwide Hol | dings Inc |  | 43300A203 | 1067 | Lodging |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 256.96 |  |  |  |  |  | Hilton Worldwide Hol | dings Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 526.80 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 878.00 | 218621.75 | 218621.75 | 225610.88 | 225610.88 | 6989.13 | 6989.13 | 0.23 | False | 0.00 | N/A | 0.65 | 0.65 | 0.65 | 0.00 |  |  | HLT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AIN | Albany International | Corp |  | 012348108 | 1071 | Machinery-Diversifie |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NH | NEW HAMPSHIRE | USD | US DOLLAR | 1/0/1900 |  |  | 56.58 |  |  |  |  |  | Albany International | Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1501.87 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1487.00 | 108958.75 | 108958.75 | 84134.46 | 84134.46 | -24824.29 | -24824.29 | 1.79 | False | 0.00 | N/A | 0.24 | 0.24 | 0.24 | 0.00 |  |  | AIN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AIT | Applied Industrial T | echnologies Inc |  | 03820C105 | 1071 | Machinery-Diversifie |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 257.09 |  |  |  |  |  | Applied Industrial T | echnologies Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 613.20 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 438.00 | 106605.70 | 106605.70 | 112605.42 | 112605.42 | 5999.72 | 5999.72 | 0.54 | False | 0.00 | N/A | 0.32 | 0.32 | 0.32 | 0.00 |  |  | AIT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ICHR | Ichor Holdings Ltd |  |  | G4740B105 | 1071 | Machinery-Diversifie |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 22.68 |  |  |  |  |  | Ichor Holdings Ltd |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 5741.00 | 123236.27 | 123236.27 | 130205.88 | 130205.88 | 6969.61 | 6969.61 | 0.00 | False | 0.00 | N/A | 0.38 | 0.38 | 0.38 | 0.00 |  |  | ICHR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | KAI | Kadant Inc |  |  | 48282T104 | 1071 | Machinery-Diversifie |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 276.66 |  |  |  |  |  | Kadant Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 369.51 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 327.00 | 111741.02 | 111741.02 | 90467.82 | 90467.82 | -21273.20 | -21273.20 | 0.41 | False | 0.00 | N/A | 0.26 | 0.26 | 0.26 | 0.00 |  |  | KAI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CHTR | Charter Communicatio | ns Inc |  | 16119P108 | 1073 | MEDIA |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 1/0/1900 |  |  | 233.84 |  |  |  |  |  | Charter Communicatio | ns Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1335.00 | 529026.09 | 529026.09 | 312176.40 | 312176.40 | -216849.69 | -216849.69 | 0.00 | False | 0.00 | N/A | 0.90 | 0.90 | 0.90 | 0.00 |  |  | CHTR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TGNA | TEGNA Inc |  |  | 87901J105 | 1073 | MEDIA |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 19.67 |  |  |  |  |  | TEGNA Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2388.03 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 5713.00 | 100045.23 | 100045.23 | 112374.71 | 112374.71 | 12329.48 | 12329.48 | 2.13 | False | 0.00 | N/A | 0.32 | 0.32 | 0.32 | 0.00 |  |  | TGNA<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AZZ | AZZ Inc |  |  | 002474104 | 1074 | Metal Fabricate/Hard |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 99.85 |  |  |  |  |  | AZZ Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 737.12 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1084.00 | 96317.52 | 96317.52 | 108237.40 | 108237.40 | 11919.88 | 11919.88 | 0.68 | False | 0.00 | N/A | 0.31 | 0.31 | 0.31 | 0.00 |  |  | AZZ<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TKR | Timken Co/The |  |  | 887389104 | 1074 | Metal Fabricate/Hard |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OH | OHIO | USD | US DOLLAR | 1/0/1900 |  |  | 78.51 |  |  |  |  |  | Timken Co/The |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3068.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2360.00 | 175625.51 | 175625.51 | 185283.60 | 185283.60 | 9658.09 | 9658.09 | 1.66 | False | 0.00 | N/A | 0.53 | 0.53 | 0.53 | 0.00 |  |  | TKR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | MUSA | Murphy USA Inc |  |  | 626755102 | 1083 | Exploration and Prod | uction | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AR | ARKANSAS | USD | US DOLLAR | 1/0/1900 |  |  | 358.20 |  |  |  |  |  | Murphy USA Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 561.10 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 362.00 | 168407.73 | 168407.73 | 129668.40 | 129668.40 | -38739.33 | -38739.33 | 0.43 | False | 0.00 | N/A | 0.37 | 0.37 | 0.37 | 0.00 |  |  | MUSA<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PKG | Packaging Corp of Am | erica |  | 695156109 | 1087 | Packaging&Containers |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 195.76 |  |  |  |  |  | Packaging Corp of Am | erica |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4355.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 871.00 | 183187.23 | 183187.23 | 170506.96 | 170506.96 | -12680.27 | -12680.27 | 2.55 | False | 0.00 | N/A | 0.49 | 0.49 | 0.49 | 0.00 |  |  | PKG<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CPRX | Catalyst Pharmaceuti | cals Inc |  | 14888U101 | 1088 | Private Equity |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 1/0/1900 |  |  | 21.27 |  |  |  |  |  | Catalyst Pharmaceuti | cals Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 11159.00 | 267699.87 | 267699.87 | 237351.93 | 237351.93 | -30347.94 | -30347.94 | 0.00 | False | 0.00 | N/A | 0.68 | 0.68 | 0.68 | 0.00 |  | 5299004O0R5XXLA5H544 | CPRX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | COR | CENCORA, INC |  |  | 03073E105 | 1088 | Private Equity |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 1/0/1900 |  |  | 337.81 |  |  |  |  |  | AmerisourceBergen Co | rp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3600.20 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1880.00 | 490560.83 | 490560.83 | 635082.80 | 635082.80 | 144521.97 | 144521.97 | 0.57 | False | 0.00 | N/A | 1.83 | 1.83 | 1.83 | 0.00 |  |  | COR<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NGVC | Natural Grocers by V | itamin Cottage Inc |  | 63888U108 | 1088 | Private Equity |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CO | COLORADO | USD | US DOLLAR | 1/0/1900 |  |  | 32.09 |  |  |  |  |  | Natural Grocers by V | itamin Cottage Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1676.00 | 80685.16 | 80685.16 | 53782.84 | 53782.84 | -26902.32 | -26902.32 | 0.00 | False | 0.00 | N/A | 0.16 | 0.15 | 0.15 | 0.00 |  |  | NGVC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | WMB | Williams Cos Inc/The |  |  | 969457100 | 1089 | Pipelines |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | OK | OKLAHOMA | USD | US DOLLAR | 1/0/1900 |  |  | 57.87 |  |  |  |  |  | Williams Cos Inc/The |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 16663.11 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 9309.00 | 532925.71 | 532925.71 | 538711.83 | 538711.83 | 5786.12 | 5786.12 | 3.09 | False | 0.00 | N/A | 1.55 | 1.55 | 1.55 | 0.00 |  |  | WMB<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | JLL | Jones Lang LaSalle I | nc |  | 48020Q107 | 1091 | Real Estate |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 305.09 |  |  |  |  |  | Jones Lang LaSalle I | nc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 700.00 | 176262.96 | 176262.96 | 213563.00 | 213563.00 | 37300.04 | 37300.04 | 0.00 | False | 0.00 | N/A | 0.62 | 0.62 | 0.62 | 0.00 |  |  | JLL<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | AZO | AutoZone Inc |  |  | 053332102 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TN | TENNESSEE | USD | US DOLLAR | 1/0/1900 |  |  | 3674.43 |  |  |  |  |  | AutoZone Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 133.00 | 452353.92 | 452353.92 | 488699.19 | 488699.19 | 36345.27 | 36345.27 | 0.00 | False | 0.00 | N/A | 1.41 | 1.41 | 1.41 | 0.00 |  |  | AZO<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | BJ | BJ'S WHOLESALE CLUB | HOLDINGS |  | 05550J101 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | DE | DELAWARE | USD | US DOLLAR | 1/0/1900 |  |  | 88.26 |  |  |  |  |  | BJ'S WHOLESALE CLUB | HOLDINGS |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1424.00 | 153792.95 | 153792.95 | 125682.24 | 125682.24 | -28110.71 | -28110.71 | 0.00 | False | 0.00 | N/A | 0.36 | 0.36 | 0.36 | 0.00 |  |  | BJ<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | COST | Costco Wholesale Cor | p |  | 22160K105 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 1/0/1900 |  |  | 911.45 |  |  |  |  |  | Costco Wholesale Cor | p |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9764.40 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 515.00 | 500815.52 | 500815.52 | 469396.75 | 469396.75 | -31418.77 | -31418.77 | 2.08 | False | 0.00 | N/A | 1.35 | 1.35 | 1.35 | 0.00 |  |  | COST<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LZB | La-Z-Boy Inc |  |  | 505336107 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 1/0/1900 |  |  | 31.70 |  |  |  |  |  | La-Z-Boy Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1735.11 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2329.00 | 96126.93 | 96126.93 | 73829.30 | 73829.30 | -22297.63 | -22297.63 | 2.35 | False | 0.00 | N/A | 0.21 | 0.21 | 0.21 | 0.00 |  |  | LZB<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LOW | Lowe's Cos Inc |  |  | 548661107 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NC | NORTH CAROLINA | USD | US DOLLAR | 1/0/1900 |  |  | 238.13 |  |  |  |  |  | Lowe's Cos Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4192.50 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 975.00 | 235737.05 | 235737.05 | 232176.75 | 232176.75 | -3560.30 | -3560.30 | 1.81 | False | 0.00 | N/A | 0.67 | 0.67 | 0.67 | 0.00 |  |  | LOW<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LULU | Lululemon Athletica | Inc |  | 550021109 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | CAD | CANADA |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 170.54 |  |  |  |  |  | Lululemon Athletica | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 771.00 | 252013.12 | 252013.12 | 131486.34 | 131486.34 | -120526.78 | -120526.78 | 0.00 | False | 0.00 | N/A | 0.38 | 0.38 | 0.38 | 0.00 |  |  | LULU<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | EYE | National Vision Hold | ings Inc |  | 63845R107 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | GA | GEORGIA | USD | US DOLLAR | 1/0/1900 |  |  | 25.75 |  |  |  |  |  | National Vision Hold | ings Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 5754.00 | 88802.73 | 88802.73 | 148165.50 | 148165.50 | 59362.77 | 59362.77 | 0.00 | False | 0.00 | N/A | 0.43 | 0.43 | 0.43 | 0.00 |  |  | EYE<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ORLY | O'Reilly Automotive | Inc |  | 67103H107 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MO | MISSOURI | USD | US DOLLAR | 1/0/1900 |  |  | 94.44 |  |  |  |  |  | O'Reilly Automotive | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2365.00 | 203668.30 | 203668.30 | 223350.60 | 223350.60 | 19682.30 | 19682.30 | 0.00 | False | 0.00 | N/A | 0.64 | 0.64 | 0.64 | 0.00 |  |  | ORLY<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PSMT | PriceSmart Inc |  |  | 741511109 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 114.94 |  |  |  |  |  | PriceSmart Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 842.72 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 916.00 | 95815.44 | 95815.44 | 105285.04 | 105285.04 | 9469.60 | 9469.60 | 0.80 | False | 0.00 | N/A | 0.30 | 0.30 | 0.30 | 0.00 |  |  | PSMT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TJX | TJX Cos Inc/The |  |  | 872540109 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 140.14 |  |  |  |  |  | TJX Cos Inc/The |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2203.27 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1704.00 | 213823.26 | 213823.26 | 238798.56 | 238798.56 | 24975.30 | 24975.30 | 0.92 | False | 0.00 | N/A | 0.69 | 0.69 | 0.69 | 0.00 |  |  | TJX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | WMT | Walmart Inc |  |  | 931142103 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AR | ARKANSAS | USD | US DOLLAR | 1/0/1900 |  |  | 101.18 |  |  |  |  |  | Walmart Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12690.48 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 5566.00 | 522001.30 | 522001.30 | 563167.88 | 563167.88 | 41166.58 | 41166.58 | 2.25 | False | 0.00 | N/A | 1.62 | 1.62 | 1.62 | 0.00 |  |  | WMT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | KLAC | KLA-Tencor Corp |  |  | 482480100 | 1097 | Semiconductor Device |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 1208.74 |  |  |  |  |  | KLA-Tencor Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1503.35 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 281.00 | 219226.72 | 219226.72 | 339655.94 | 339655.94 | 120429.22 | 120429.22 | 0.44 | False | 0.00 | N/A | 0.98 | 0.98 | 0.98 | 0.00 |  |  | KLAC<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CDNS | Cadence Design Syste | ms Inc |  | 127387108 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 338.69 |  |  |  |  |  | Cadence Design Syste | ms Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 709.00 | 211749.33 | 211749.33 | 240131.21 | 240131.21 | 28381.88 | 28381.88 | 0.00 | False | 0.00 | N/A | 0.69 | 0.69 | 0.69 | 0.00 |  |  | CDNS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FICO | Fair Isaac Corp |  |  | 303250104 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 1659.53 |  |  |  |  |  | Fair Isaac Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 71.00 | 128428.73 | 128428.73 | 117826.63 | 117826.63 | -10602.10 | -10602.10 | 0.00 | False | 0.00 | N/A | 0.34 | 0.34 | 0.34 | 0.00 |  |  | FICO<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FI | Fiserv Inc |  |  | 337738108 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WI | WISCONSIN | USD | US DOLLAR | 1/0/1900 |  |  | 66.69 |  |  |  |  |  | Fiserv Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2928.00 | 462614.55 | 462614.55 | 195268.32 | 195268.32 | -267346.23 | -267346.23 | 0.00 | False | 0.00 | N/A | 0.56 | 0.56 | 0.56 | 0.00 |  |  | FI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | PAYX | Paychex Inc |  |  | 704326107 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 117.03 |  |  |  |  |  | Paychex Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12348.74 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3569.00 | 524584.24 | 524584.24 | 417680.07 | 417680.07 | -106904.17 | -106904.17 | 2.96 | False | 0.00 | N/A | 1.20 | 1.20 | 1.20 | 0.00 |  |  | PAYX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | NOW | ServiceNow Inc |  |  | 81762P102 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 919.28 |  |  |  |  |  | ServiceNow Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 200.00 | 196641.61 | 196641.61 | 183856.00 | 183856.00 | -12785.61 | -12785.61 | 0.00 | False | 0.00 | N/A | 0.53 | 0.53 | 0.53 | 0.00 |  |  | NOW<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | SNPS | Synopsys Inc |  |  | 871607107 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 453.82 |  |  |  |  |  | Synopsys Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 437.00 | 219588.03 | 219588.03 | 198319.34 | 198319.34 | -21268.69 | -21268.69 | 0.00 | False | 0.00 | N/A | 0.57 | 0.57 | 0.57 | 0.00 |  |  | SNPS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ANET | Arista Networks Inc |  |  | 040413205 | 1104 | Telecommunications |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 157.69 |  |  |  |  |  | Arista Networks Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 8116.00 | 838410.96 | 838410.96 | 1279812.04 | 1279812.04 | 441401.08 | 441401.08 | 0.00 | False | 0.00 | N/A | 3.69 | 3.69 | 3.69 | 0.00 |  |  | ANET<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CSCO | Cisco Systems Inc |  |  | 17275R102 | 1104 | Telecommunications |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 73.11 |  |  |  |  |  | Cisco Systems Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 13919.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 8980.00 | 557517.80 | 557517.80 | 656527.80 | 656527.80 | 99010.00 | 99010.00 | 2.12 | False | 0.00 | N/A | 1.89 | 1.89 | 1.89 | 0.00 |  |  | CSCO<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TMUS | T-Mobile US Inc |  |  | 872590104 | 1104 | Telecommunications |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 1/0/1900 |  |  | 210.05 |  |  |  |  |  | T-Mobile US Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2014.35 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3099.00 | 727824.00 | 727824.00 | 650944.95 | 650944.95 | -76879.05 | -76879.05 | 0.31 | False | 0.00 | N/A | 1.88 | 1.87 | 1.88 | 0.00 |  |  | TMUS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | VZ | Verizon Communicatio | ns Inc |  | 92343V104 | 1104 | Telecommunications |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 39.74 |  |  |  |  |  | Verizon Communicatio | ns Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 32417.66 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 12359.00 | 514578.22 | 514578.22 | 491146.66 | 491146.66 | -23431.56 | -23431.56 | 6.60 | False | 0.00 | N/A | 1.42 | 1.41 | 1.42 | 0.00 |  |  | VZ<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | GNK | Genco Shipping & Tra | ding Ltd |  | Y2685T131 | 1107 | Transportation |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 17.04 |  |  |  |  |  | Genco Shipping & Tra | ding Ltd |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 7239.00 | 101841.72 | 101841.72 | 123352.56 | 123352.56 | 21510.84 | 21510.84 | 0.00 | False | 0.00 | N/A | 0.36 | 0.36 | 0.36 | 0.00 |  |  | GNK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | KNX | Knight-Swift Transpo | rtation Holdings Inc |  | 499049104 | 1107 | Transportation |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AZ | ARIZONA | USD | US DOLLAR | 1/0/1900 |  |  | 45.12 |  |  |  |  |  | Knight-Swift Transpo | rtation Holdings Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2156.56 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3851.00 | 186254.01 | 186254.01 | 173757.12 | 173757.12 | -12496.89 | -12496.89 | 1.24 | False | 0.00 | N/A | 0.50 | 0.50 | 0.50 | 0.00 |  |  | KNX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | MATX | Matson Inc |  |  | 57686G105 | 1107 | Transportation |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | HI | HAWAII | USD | US DOLLAR | 1/0/1900 |  |  | 100.95 |  |  |  |  |  | Matson Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1277.64 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1014.00 | 129819.57 | 129819.57 | 102363.30 | 102363.30 | -27456.27 | -27456.27 | 1.25 | False | 0.00 | N/A | 0.30 | 0.29 | 0.29 | 0.00 |  |  | MATX<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | R | Ryder System Inc |  |  | 783549108 | 1107 | Transportation |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 1/0/1900 |  |  | 169.23 |  |  |  |  |  | Ryder System Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1806.14 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 679.00 | 106262.17 | 106262.17 | 114907.17 | 114907.17 | 8645.00 | 8645.00 | 1.57 | False | 0.00 | N/A | 0.33 | 0.33 | 0.33 | 0.00 |  |  | R<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ARCB | ARCBEST CORP |  |  | 03937C105 | 1108 | Trucking&Leasing |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AR | ARKANSAS | USD | US DOLLAR | 1/0/1900 |  |  | 74.32 |  |  |  |  |  | ARCBEST CORP |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 747.84 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1558.00 | 113750.16 | 113750.16 | 115790.56 | 115790.56 | 2040.40 | 2040.40 | 0.65 | False | 0.00 | N/A | 0.33 | 0.33 | 0.33 | 0.00 |  |  | ARCB<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | XOM | Exxon Mobil Corp |  |  | 30231G102 | A60A | Oil&Gas |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 114.36 |  |  |  |  |  | Exxon Mobil Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 18400.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 5000.00 | 538218.88 | 538218.88 | 571800.00 | 571800.00 | 33581.12 | 33581.12 | 3.22 | False | 0.00 | N/A | 1.65 | 1.65 | 1.65 | 0.00 |  |  | XOM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | LIN | LINDE PUBLIC LIMITED | COMPANY |  | G54950103 | B10B | Chemicals |  | COMMSTCK | COMMON STOCK |  |  |  | IEP | IRELAND |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 418.30 |  |  |  |  |  | LINDE PUBLIC LIMITED | COMPANY |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2361.30 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 463.00 | 207470.84 | 207470.84 | 193672.90 | 193672.90 | -13797.94 | -13797.94 | 1.22 | False | 0.00 | N/A | 0.56 | 0.56 | 0.56 | 0.00 |  |  | LIN | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CXT | CRANE NXT CO |  |  | 224441105 | C70C | Machine&Engineering |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 1/0/1900 |  |  | 63.25 |  |  |  |  |  | CRANE CO |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2725.18 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3062.00 | 176967.43 | 176967.43 | 193671.50 | 193671.50 | 16704.07 | 16704.07 | 1.41 | False | 0.00 | N/A | 0.56 | 0.56 | 0.56 | 0.00 |  |  | CXT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | IBM | International | Business Machines Co |  | 459200101 | D10D | Computers |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 307.41 |  |  |  |  |  | International | Business Machines Co |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5589.09 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 843.00 | 212455.06 | 212455.06 | 259146.63 | 259146.63 | 46691.57 | 46691.57 | 2.16 | False | 0.00 | N/A | 0.75 | 0.75 | 0.75 | 0.00 |  |  | IBM<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | ASTH | Astrana Health Inc |  |  | 03763A207 | D50D | Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 31.21 |  |  |  |  |  | Apollo Medical | Holdings, Inc. |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 3298.00 | 100135.17 | 100135.17 | 102930.58 | 102930.58 | 2795.41 | 2795.41 | 0.00 | False | 0.00 | N/A | 0.30 | 0.30 | 0.30 | 0.00 |  |  | ASTH<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | MSFT | Microsoft Corp |  |  | 594918104 | D50D | Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 1/0/1900 |  |  | 517.81 |  |  |  |  |  | Microsoft Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1341.99 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 481.00 | 206304.85 | 206304.85 | 249066.61 | 249066.61 | 42761.76 | 42761.76 | 0.54 | False | 0.00 | N/A | 0.72 | 0.72 | 0.72 | 0.00 |  |  | MSFT<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CASY | CASEYS GENERAL STORE |  |  | 147528103 | E30E | Automobile ABS |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IA | IOWA | USD | US DOLLAR | 1/0/1900 |  |  | 513.19 |  |  |  |  |  | CASEYS GENERAL STORES |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 578.34 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 357.00 | 155565.31 | 155565.31 | 183208.83 | 183208.83 | 27643.52 | 27643.52 | 0.32 | False | 0.00 | N/A | 0.53 | 0.53 | 0.53 | 0.00 |  |  | CASY<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | TNK | TEEKAY TANKERS LTD |  |  | G8726X106 | H110 | Trans. - Shipping |  | COMMSTCK | COMMON STOCK |  |  |  | BMD | BERMUDA |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 61.00 |  |  |  |  |  | TEEKAY TANKERS LTD |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2160.00 | 91692.87 | 91692.87 | 131760.00 | 131760.00 | 40067.13 | 40067.13 | 0.00 | False | 0.00 | N/A | 0.38 | 0.38 | 0.38 | 0.00 |  |  | TNK<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CRAI | CRAI INTERNATIONAL |  |  | 12618T105 | H20H | Business & Public | Services | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | DE | DELAWARE | USD | US DOLLAR | 1/0/1900 |  |  | 190.49 |  |  |  |  |  | CRAI INTERNATIONAL |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 513.00 | 95460.33 | 95460.33 | 97721.37 | 97721.37 | 2261.04 | 2261.04 | 0.00 | False | 0.00 | N/A | 0.28 | 0.28 | 0.28 | 0.00 |  |  | CRAI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | CSV | CARRIAGE SERVICES |  |  | 143905107 | H30H | Consumer Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 44.70 |  |  |  |  |  | CARRIAGE SERVICES |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 2353.00 | 98067.18 | 98067.18 | 105179.10 | 105179.10 | 7111.92 | 7111.92 | 0.00 | False | 0.00 | N/A | 0.30 | 0.30 | 0.30 | 0.00 |  |  | CSV<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FCFS | FirstCash Inc |  |  | 33768G107 | I10I | Consumer Finance |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 158.50 |  |  |  |  |  | FirstCash Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1633.36 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 1201.00 | 141476.27 | 141476.27 | 190358.50 | 190358.50 | 48882.23 | 48882.23 | 0.86 | False | 0.00 | N/A | 0.55 | 0.55 | 0.55 | 0.00 |  |  | FCFS<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | VICI | VICI Properties Inc |  |  | 925652109 | I402 | REITS |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NV | NEVADA | USD | US DOLLAR | 1/0/1900 |  |  | 29.99 |  |  |  |  |  | VICI Properties Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 27234.76 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 16916.00 | 518138.07 | 518138.07 | 507310.84 | 507310.84 | -10827.23 | -10827.23 | 5.37 | False | 0.00 | N/A | 1.46 | 1.46 | 1.46 | 0.00 |  |  | VICI<br> N | MP |
| 449 | INDEXPERTS QUALITY EARNINGS | FGTXX | Goldman Sachs Financ | ial Square Funds - G |  | 38141W273 | 1078 | Money Market Fund |  | MONEYMKT | MONEY MARKET |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 11/1/2025 |  |  | 100.00 |  |  |  |  |  | Goldman Sachs Financ | ial Square Funds - G |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 21442.61 | L<br> N |  |  | 10/31/2025<br> C |  | 449;USD | USD | 534115.85 | 534115.85 | 534115.85 | 534115.85 | 534115.85 | 0.00 | 0.00 | 4.01 | False | 4.00 |  | 1.54 | 1.54 | 1.54 | 0.00 |  |  | FGTXX<br> N | AC |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SPINNAKER ETF SERIES

- **b. Investment Company Act file number:** 811-22398

- **c. CIK number of Registrant:** 0001484018

- **d. LEI of Registrant:** 54930056GHDI2JOI6X90

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

  - **Street Address 1:** 116 SOUTH FRANKLIN STREET

  - **City:** ROCKY MOUNT

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27804-5707

  - **Telephone number:** 252-972-9922

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

- **a. Name of Series:** Indexperts Quality Earnings Focused ETF

- **b. EDGAR series identifier (if any):** S000088673

- **c. LEI of Series:** 529900RHR6KWU6NOXQ08

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $34720550.97

**Total Liabilities:** $14823.77

**Net Assets:** $34705727.20

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255013 | 3.11%                | 1.24%                | -2.09%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $969992.13                                 |
| Month 2  | $0.00                    | $390673.25                                 |
| Month 3  | $0.00                    | $-750419.41                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACADIAN ASSET        | COMMSTCK | CUSIP: 10948W103<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |      3329 | NS      | $160124.90    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc            | COMMSTCK | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      2697 | NS      | $729187.89    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories  | COMMSTCK | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      4022 | NS      | $497199.64    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                | COMMSTCK | CUSIP: 00766T100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5107 | NS      | $686125.45    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial   | COMMSTCK | CUSIP: 025932104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1332 | NS      | $175397.76    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan Inc            | COMMSTCK | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |       560 | NS      | $171477.60    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International | COMMSTCK | CUSIP: 012348108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1487 | NS      | $84134.46     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial T | COMMSTCK | CUSIP: 03820C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       438 | NS      | $112605.42    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission | COMMSTCK | CUSIP: 01973R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1647 | NS      | $135959.85    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOLIV INC          | COMMSTCK | CUSIP: 052800109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1658 | NS      | $193654.40    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc  | COMMSTCK | CUSIP: 040413205<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8116 | NS      | $1279812.04   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp        | COMMSTCK | CUSIP: 032095101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2701 | NS      | $376357.34    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCBEST CORP         | COMMSTCK | CUSIP: 03937C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1558 | NS      | $115790.56    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Capital Corp    | COMMSTCK | CUSIP: 04010L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7699 | NS      | $156674.65    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Astrana Health Inc   | COMMSTCK | CUSIP: 03763A207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3298 | NS      | $102930.58    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore International | COMMSTCK | CUSIP: 047649108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1422 | NS      | $98473.50     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp          | COMMSTCK | CUSIP: 05368V106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2659 | NS      | $85274.13     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co  | COMMSTCK | CUSIP: 025816109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       748 | NS      | $269826.04    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Brands Inc    | COMMSTCK | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       611 | NS      | $223045.55    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc         | COMMSTCK | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       133 | NS      | $488699.19    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc              | COMMSTCK | CUSIP: 002474104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1084 | NS      | $108237.40    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ'S WHOLESALE CLUB  | COMMSTCK | CUSIP: 05550J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1424 | NS      | $125682.24    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway I | COMMSTCK | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      1037 | NS      | $495208.98    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| BOYD GAMING CORP     | COMMSTCK | CUSIP: 103304101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2290 | NS      | $178322.30    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International I | COMMSTCK | CUSIP: 127190304<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       339 | NS      | $190602.75    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CASEYS GENERAL STORE | COMMSTCK | CUSIP: 147528103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       357 | NS      | $183208.83    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Syste | COMMSTCK | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |       709 | NS      | $240131.21    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communicatio | COMMSTCK | CUSIP: 16119P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1335 | NS      | $312176.40    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Corp           | COMMSTCK | CUSIP: 125523100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       650 | NS      | $158866.50    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp         | COMMSTCK | CUSIP: 15135B101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3428 | NS      | $121248.36    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA INC          | COMMSTCK | CUSIP: 03073E105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1880 | NS      | $635082.80    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Cor | COMMSTCK | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       515 | NS      | $469396.75    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities | COMMSTCK | CUSIP: 165303108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       755 | NS      | $96096.40     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Catalyst Pharmaceuti | COMMSTCK | CUSIP: 14888U101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11159 | NS      | $237351.93    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CRAI INTERNATIONAL   | COMMSTCK | CUSIP: 12618T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       513 | NS      | $97721.37     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CorVel Corp          | COMMSTCK | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       852 | NS      | $63005.40     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc    | COMMSTCK | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |      8980 | NS      | $656527.80    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CARRIAGE SERVICES    | COMMSTCK | CUSIP: 143905107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2353 | NS      | $105179.10    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology | COMMSTCK | CUSIP: 192446102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6811 | NS      | $496385.68    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp  | COMMSTCK | CUSIP: 231561101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       413 | NS      | $246036.49    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CRANE NXT CO         | COMMSTCK | CUSIP: 224441105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3062 | NS      | $193671.50    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc  | COMMSTCK | CUSIP: 258278100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2072 | NS      | $277917.36    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| DEXCOM INC COM       | COMMSTCK | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      2526 | NS      | $147063.72    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interior | COMMSTCK | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3736 | NS      | $90299.12     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings  | COMMSTCK | CUSIP: 302081104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2163 | NS      | $84573.30     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| National Vision Hold | COMMSTCK | CUSIP: 63845R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5754 | NS      | $148165.50    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Inc        | COMMSTCK | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1201 | NS      | $190358.50    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Networks Inc      | COMMSTCK | CUSIP: 315616102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1989 | NS      | $503316.45    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc           | COMMSTCK | CUSIP: 337738108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2928 | NS      | $195268.32    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp      | COMMSTCK | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |        71 | NS      | $117826.63    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA  | COMMSTCK | CUSIP: 199908104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       203 | NS      | $196012.74    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORP-CLASS A     | COMMSTCK | CUSIP: 35137L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3246 | NS      | $209853.90    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Holdings      | COMMSTCK | CUSIP: 384637104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       245 | NS      | $247971.85    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Genco Shipping & Tra | COMMSTCK | CUSIP: Y2685T131<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7239 | NS      | $123352.56    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc         | COMMSTCK | CUSIP: 02079K305<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3484 | NS      | $979665.96    | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Hackett Group Inc/Th | COMMSTCK | CUSIP: 404609109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3956 | NS      | $71643.16     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp           | COMMSTCK | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      2840 | NS      | $902466.80    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc   | COMMSTCK | CUSIP: 441593100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       904 | NS      | $161888.32    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Hol | COMMSTCK | CUSIP: 43300A203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       878 | NS      | $225610.88    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Hormel Foods Corp    | COMMSTCK | CUSIP: 440452100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18466 | NS      | $398680.94    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc          | COMMSTCK | CUSIP: 420261109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       802 | NS      | $113763.70    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| International        | COMMSTCK | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |       843 | NS      | $259146.63    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd   | COMMSTCK | CUSIP: G4740B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5741 | NS      | $130205.88    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries I | COMMSTCK | CUSIP: 45774W108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2725 | NS      | $85129.00     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingles Markets Inc   | COMMSTCK | CUSIP: 457030104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1566 | NS      | $108210.60    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle I | COMMSTCK | CUSIP: 48020Q107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       700 | NS      | $213563.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc           | COMMSTCK | CUSIP: 48282T104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       327 | NS      | $90467.82     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA-Tencor Corp      | COMMSTCK | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       281 | NS      | $339655.94    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transpo | COMMSTCK | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3851 | NS      | $173757.12    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The        | COMMSTCK | CUSIP: 501044101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7496 | NS      | $476970.48    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PUBLIC LIMITED | COMMSTCK | CUSIP: G54950103<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |       463 | NS      | $193672.90    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp             | COMMSTCK | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |      4076 | NS      | $130268.96    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| LeMaitre Vascular In | COMMSTCK | CUSIP: 525558201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1184 | NS      | $102546.24    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc       | COMMSTCK | CUSIP: 548661107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       975 | NS      | $232176.75    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica  | COMMSTCK | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |       771 | NS      | $131486.34    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc         | COMMSTCK | CUSIP: 505336107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2329 | NS      | $73829.30     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc       | COMMSTCK | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       378 | NS      | $208652.22    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc           | COMMSTCK | CUSIP: 57686G105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1014 | NS      | $102363.30    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc     | COMMSTCK | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      9075 | NS      | $511648.50    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp       | COMMSTCK | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       481 | NS      | $249066.61    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc       | COMMSTCK | CUSIP: 626755102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       362 | NS      | $129668.40    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co | COMMSTCK | CUSIP: 636180101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2000 | NS      | $157820.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc          | COMMSTCK | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       172 | NS      | $192443.92    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Natural Grocers by V | COMMSTCK | CUSIP: 63888U108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1676 | NS      | $53782.84     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc       | COMMSTCK | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |       200 | NS      | $183856.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc       | COMMSTCK | CUSIP: 629377508<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4471 | NS      | $768386.06    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Napco Security Techn | COMMSTCK | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |      3702 | NS      | $163443.30    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| OWENS & MINOR        | COMMSTCK | CUSIP: 690732102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14009 | NS      | $55615.73     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive  | COMMSTCK | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      2365 | NS      | $223350.60    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp      | COMMSTCK | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1295 | NS      | $99999.90     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks I | COMMSTCK | CUSIP: 697435105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1137 | NS      | $250412.88    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc          | COMMSTCK | CUSIP: 704326107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3569 | NS      | $417680.07    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc           | COMMSTCK | CUSIP: 693718108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2377 | NS      | $233896.80    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The | COMMSTCK | CUSIP: 743315103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       758 | NS      | $156148.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of Am | COMMSTCK | CUSIP: 695156109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       871 | NS      | $170506.96    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp          | COMMSTCK | CUSIP: 729132100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       771 | NS      | $107862.90    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PriceSmart Inc       | COMMSTCK | CUSIP: 741511109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       916 | NS      | $105285.04    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System Inc     | COMMSTCK | CUSIP: 783549108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       679 | NS      | $114907.17    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Crui | COMMSTCK | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |       907 | NS      | $260154.81    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceut | COMMSTCK | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       406 | NS      | $264630.80    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies | COMMSTCK | CUSIP: 76118Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5025 | NS      | $215070.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp    | COMMSTCK | CUSIP: 751212101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       661 | NS      | $211295.26    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc           | COMMSTCK | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      2181 | NS      | $538445.28    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp          | COMMSTCK | CUSIP: 775133101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1459 | NS      | $127720.86    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Corp Interna | COMMSTCK | CUSIP: 817565104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2117 | NS      | $176790.67    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Medical Holdi | COMMSTCK | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6664 | NS      | $92163.12     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc         | COMMSTCK | CUSIP: 871607107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       437 | NS      | $198319.34    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc       | COMMSTCK | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      1048 | NS      | $510596.08    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Shutterstock Inc     | COMMSTCK | CUSIP: 825690100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5264 | NS      | $131757.92    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologie | COMMSTCK | CUSIP: 81725T100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1028 | NS      | $96930.12     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp         | COMMSTCK | CUSIP: 863667101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1397 | NS      | $497667.28    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Tecnoglass Inc       | COMMSTCK | CUSIP: G87264100<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      1191 | NS      | $71019.33     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc            | COMMSTCK | CUSIP: 87901J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5713 | NS      | $112374.71    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Gr | COMMSTCK | CUSIP: 410867105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       978 | NS      | $167120.64    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentherm Inc         | COMMSTCK | CUSIP: 37253A103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3699 | NS      | $136123.20    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The      | COMMSTCK | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      1704 | NS      | $238798.56    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The        | COMMSTCK | CUSIP: 887389104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2360 | NS      | $185283.60    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scient | COMMSTCK | CUSIP: 883556102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1851 | NS      | $1050238.89   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc      | COMMSTCK | CUSIP: 872590104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3099 | NS      | $650944.95    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| TriNet Group Inc     | COMMSTCK | CUSIP: 896288107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1984 | NS      | $119040.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TEEKAY TANKERS LTD   | COMMSTCK | CUSIP: G8726X106<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      2160 | NS      | $131760.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Turning Point Brands | COMMSTCK | CUSIP: 90041L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1338 | NS      | $120286.20    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcat Inc         | COMMSTCK | CUSIP: 893529107<br>LEI: 54930081E40TSSHUOS40 | Long             | EC               | CORP              | US        |      1243 | NS      | $90303.95     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/Th | COMMSTCK | CUSIP: 89417E109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       795 | NS      | $213552.90    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc  | COMMSTCK | CUSIP: 925652109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16916 | NS      | $507310.84    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc | COMMSTCK | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |       694 | NS      | $151819.44    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceutica | COMMSTCK | CUSIP: 92532F100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       492 | NS      | $209380.44    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communicatio | COMMSTCK | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     12359 | NS      | $491146.66    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The | COMMSTCK | CUSIP: 969457100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9309 | NS      | $538711.83    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Weis Markets Inc     | COMMSTCK | CUSIP: 948849104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1180 | NS      | $74741.20     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc          | COMMSTCK | CUSIP: 931142103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5566 | NS      | $563167.88    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technolo | COMMSTCK | CUSIP: 942749102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       404 | NS      | $110130.40    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp     | COMMSTCK | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      5000 | NS      | $571800.00    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Financ | MONEYMKT | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             |  | US        |    534116 | NS      | $534115.85    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-11

**Name of Applicant:** Spinnaker ETF Series

**Signature:** Pete Mccabe

**Name of Signer:** Pete Mccabe

**Title:** Principal Accounting Officer/Principal Financial Officer