# EDGAR Filing Document

**Accession Number:** 0000357204
**File Stem:** 0000910472-26-003379
**Filing Date:** 2026-2
**Character Count:** 117006
**Document Hash:** 089667dcdedc69700b17c08115ac2793
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003379.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000910472-26-003379

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Segall Bryant & Hamill Trust
- **CENTRAL INDEX KEY:** 0000357204

**ORGANIZATION NAME:**
- **EIN:** 510263765
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03373
- **FILM NUMBER:** 26698821

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 303-623-2577

**MAIL ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE FUNDS INC
- **DATE OF NAME CHANGE:** 19860506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUNMONT WEST FUND INC
- **DATE OF NAME CHANGE:** 19820520

## Series and Classes Contracts Data

### Segall Bryant & Hamill International Small Cap Fund (Series ID: S000065431)

| Class ID   | Class Name                                                              | Ticker Symbol   |
|:---|:---|:---|
| C000211585 | Segall Bryant & Hamill International Small Cap Fund-Retail Class        | SBHSX           |
| C000211586 | Segall Bryant & Hamill International Small Cap Fund-Institutional Class | SBSIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Segall Bryant & Hamill Trust

- **b. Investment Company Act file number:** 811-03373

- **c. CIK number of Registrant:** 0000357204

- **d. LEI of Registrant:** 549300D12PXTPNG46V56

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** SBH INTERNATIONAL SMALL CAP FUND

- **b. EDGAR series identifier (if any):** S000065431

- **c. LEI of Series:** 549300U8NL86H7RMMP89

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $88196099.56

**Total Liabilities:** $130446.60

**Net Assets:** $88065652.96

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000211585 | -1.16%               | 4.09%                | 2.98%                |
| Class ID C000211586 | -1.16%               | 4.08%                | 2.95%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1910960.58              | $-2921466.18                               |
| Month 2  | $1060866.03              | $2286227.80                                |
| Month 3  | $1782341.79              | $677666.58                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Pan African Resources PLC                             | Pan African Resources plc                             | CUSIP: G6882W102<br>LEI: 213800EAXURCXMX6RL85 | Long             | EC               | CORP              | ZA        |    190148 | NS      | $309556.53    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson Service Group PLC                             | Johnson Service Group plc                             | CUSIP: G51576125<br>LEI: 2138004WZUPWV53KWV11 | Long             | EC               | CORP              | GB        |    171201 | NS      | $311555.68    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Keller Group PLC                                      | Keller Group plc                                      | CUSIP: G5222K109<br>LEI: 549300QO4MBL43UHSN10 | Long             | EC               | CORP              | GB        |     28098 | NS      | $631024.20    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Kier Group PLC                                        | Kier Group plc                                        | CUSIP: G52549105<br>LEI: 2138002RKCU2OM4Y7O48 | Long             | EC               | CORP              | GB        |    247560 | NS      | $737841.46    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| GB Group Plc                                          | GB Group plc                                          | CUSIP: G3770M106<br>LEI: 213800RBAFZIBCV7XR29 | Long             | EC               | CORP              | GB        |     43276 | NS      | $149885.19    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITE Group PLC                                       | Unite Group Plc                                       | CUSIP: G9283N101<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               | CORP              | GB        |     66221 | NS      | $498590.67    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Carnival PLC                                          | Carnival plc                                          | CUSIP: G19081101<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | EC               | CORP              | US        |     10345 | NS      | $313333.85    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| ITV PLC                                               | ITV plc                                               | CUSIP: G4984A110<br>LEI: ZLECI7ED2QMWFGYCXZ59 | Long             | EC               | CORP              | GB        |    368023 | NS      | $405938.06    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Porr AG                                               | Porr Ag                                               | CUSIP: A63700115<br>LEI: 529900ARBU9SBJFNX419 | Long             | EC               | CORP              | AT        |     10294 | NS      | $387029.75    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Danieli & C. Officine Meccaniche S.p.A.               | Danieli & C. Officine Meccaniche S.p.A.               | CUSIP: T73148107<br>LEI: 815600B4B8C6A353E566 | Long             | EP               | CORP              | IT        |      6568 | NS      | $282355.79    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| North Atlantic Energies                               | North Atlantic Energies                               | CUSIP: F31710100<br>LEI: 969500NI2T909ECQHX32 | Long             | EC               | CORP              | FR        |      1170 | NS      | $59488.63     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Huhtamaki Oyj                                         | Huhtamaki Oyj                                         | CUSIP: X33752100<br>LEI: 5493007050SJVMXN6L29 | Long             | EC               | CORP              | FI        |      1253 | NS      | $43612.35     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Derichebourg SA                                       | Derichebourg S.A.                                     | CUSIP: F2546C237<br>LEI: 969500QOO4C4IPGID263 | Long             | EC               | CORP              | FR        |     18797 | NS      | $149395.81    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Indra Sistemas S.A.                                   | Indra Sistemas S.A.                                   | CUSIP: E6271Z155<br>LEI: 95980020140005308793 | Long             | EC               | CORP              | ES        |      1187 | NS      | $67453.15     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Kemira Oyj                                            | Kemira OYJ                                            | CUSIP: X44073108<br>LEI: 74370031Y7RK5H88CQ48 | Long             | EC               | CORP              | FI        |      2005 | NS      | $45994.56     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Kontron AG                                            | Kontron A.G.                                          | CUSIP: A6627D100<br>LEI: 5299002PSXXMVHB26433 | Long             | EC               | CORP              | AT        |     11270 | NS      | $299054.55    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Iren SpA                                              | Iren SpA                                              | CUSIP: T5551Y106<br>LEI: 8156001EBD33FD474E60 | Long             | EC               | CORP              | IT        |    146730 | NS      | $439331.38    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Sulzer AG                                             | Sulzer A.G.                                           | CUSIP: H83580284<br>LEI: 529900NZ6MAST5IJF669 | Long             | EC               | CORP              | CH        |       916 | NS      | $169102.46    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Voestalpine AG                                        | voestalpine A.G.                                      | CUSIP: A9101Y103<br>LEI: 529900ZAXBMQDIWPNB72 | Long             | EC               | CORP              | AT        |      1102 | NS      | $48516.61     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilfinger SE                                          | Bilfinger S.E.                                        | CUSIP: D11648108<br>LEI: 529900H0HULEN2BZ4604 | Long             | EC               | CORP              | DE        |      3770 | NS      | $471545.86    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Draegerwerk AG & Co. KGaA                             | Draegerwerk A.G. & Company KGaA                       | CUSIP: D22938118<br>LEI: 5493005UFVHY0PPNKD75 | Long             | EP               | CORP              | DE        |      6468 | NS      | $524489.34    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Sixt SE                                               | Sixt S.E.                                             | CUSIP: D6989S106<br>LEI: 5299004ZME6CSBR7WP07 | Long             | EP               | CORP              | DE        |      3521 | NS      | $217976.66    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Tietoevry Oyj                                         | TietoEVRY OYJ                                         | CUSIP: Y8T39G104<br>LEI: 549300EW2KM4KROKQV31 | Long             | EC               | CORP              | FI        |      4833 | NS      | $103323.43    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Mersen SA                                             | Mersen                                                | CUSIP: F9622M146<br>LEI: OQXDLNM5DTBULYMF5U27 | Long             | EC               | CORP              | FR        |      3078 | NS      | $85815.81     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| A2A S.p.A.                                            | A2A SpA                                               | CUSIP: T0579B105<br>LEI: 81560076E3944316DB24 | Long             | EC               | CORP              | IT        |    131406 | NS      | $355451.84    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Alten SA                                              | Alten SA                                              | CUSIP: F02626103<br>LEI: 969500Y7G9TY7Y24GN07 | Long             | EC               | CORP              | FR        |      1250 | NS      | $105543.64    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Thyssenkrupp AG                                       | thyssenkrupp A.G.                                     | CUSIP: D8398Q119<br>LEI: 549300UDG16DOYUPR330 | Long             | EC               | CORP              | DE        |     24414 | NS      | $262378.45    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| GFT Technologies SE                                   | GFT Technologies SE                                   | CUSIP: D2823P101<br>LEI: 5299002FNBSGW23ULF72 | Long             | EC               | CORP              | DE        |     13763 | NS      | $303832.58    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Manitou BF                                            | Manitou BF S.A.                                       | CUSIP: F59766109<br>LEI: 9695008SHP3XTT9QCM25 | Long             | EC               | CORP              | FR        |      5253 | NS      | $118587.39    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| CEWE Stiftung & Co. KGaA                              | Cewe Stiftung & Company KGAA                          | CUSIP: D1499B107<br>LEI: 529900IDFHN9MQ3WUD64 | Long             | EC               | CORP              | DE        |       333 | NS      | $40507.66     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Vicat SA                                              | Vicat S.A.CA                                          | CUSIP: F18060107<br>LEI: 9695009YI1863TOVDP79 | Long             | EC               | CORP              | FR        |      9466 | NS      | $842104.57    | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Colruyt Group N.V                                     | Colruyt Group N.V                                     | CUSIP: B26882231<br>LEI: 5493000O0NZ1BCXO8K39 | Long             | EC               | CORP              | BE        |       954 | NS      | $35304.28     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bekaert SA                                            | Bekaert S.A.                                          | CUSIP: B6346B111<br>LEI: 5493008SR6XZECH6BN71 | Long             | EC               | CORP              | BE        |      8052 | NS      | $356375.49    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Semapa Sociedade de Investimento e Gestao SGPS SA     | Semapa-Sociedade de Investimento e Gestao             | CUSIP: X7936A113<br>LEI: 549300HNGOW85KIOH584 | Long             | EC               | CORP              | PT        |      8291 | NS      | $203329.68    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonae SGPS SA                                         | Sonae SGPS S.A.                                       | CUSIP: X8252W176<br>LEI: 549300847SOBT7HY7R50 | Long             | EC               | CORP              | PT        |     35904 | NS      | $67994.89     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Aisan Industry Co                                     | Aisan Industry Company Ltd.                           | CUSIP: J00672105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17500 | NS      | $250330.04    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Aiful Corporation                                     | AIFUL Corporation                                     | CUSIP: J00557108<br>LEI: 5299005WK14QZ676ZY35 | Long             | EC               | CORP              | JP        |     84900 | NS      | $303145.69    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Aoki Holdings Inc                                     | AOKI Holdings, Inc.                                   | CUSIP: J01638105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     24853 | NS      | $287395.83    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| AOYAMA TRADING Co Ltd.                                | Aoyama Trading Company Ltd.                           | CUSIP: J01722107<br>LEI: 549300FYZLM486BSOQ14 | Long             | EC               | CORP              | JP        |      8300 | NS      | $134409.68    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Acom Co., Ltd.                                        | Acom Company Ltd.                                     | CUSIP: J00105106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    147200 | NS      | $465094.11    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Belluna Co Ltd                                        | Belluna Company Ltd.                                  | CUSIP: J0428W103<br>LEI: 353800Q8P5LM0569VS75 | Long             | EC               | CORP              | JP        |     45600 | NS      | $290090.47    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuji Seal International Inc                           | Fuji Seal International, Inc.                         | CUSIP: J15183106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     16800 | NS      | $337099.61    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Beach Energy Ltd.                                     | Beach Energy Ltd.                                     | CUSIP: Q13921103<br>LEI: 8Q9PJD25OKTQT5FHUF40 | Long             | EC               | CORP              | AU        |     46968 | NS      | $36762.12     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Lifeline Co Ltd                                 | Japan Lifeline Company Ltd.                           | CUSIP: J27093103<br>LEI: 353800QUW6LROZVA6765 | Long             | EC               | CORP              | JP        |     12602 | NS      | $126579.73    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Bezeq The Israeli Telecommunication Corp Ltd          | Bezeq The Israeli Telecommunication Corp Ltd.         | CUSIP: M2012Q100<br>LEI: 213800XCGZCFSWY9U863 | Long             | EC               | CORP              | IL        |    202654 | NS      | $452165.40    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| GrainCorp Ltd.                                        | GrainCorp Limited                                     | CUSIP: Q42655102<br>LEI: 529900XVBL825SSW9081 | Long             | EC               | CORP              | AU        |      7935 | NS      | $37948.44     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Brother Industries Ltd                                | Brother Industries Ltd.                               | CUSIP: 114813108<br>LEI: 549300O5FACQ67KI6R92 | Long             | EC               | CORP              | JP        |     18900 | NS      | $377605.59    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Contact Energy Ltd                                    | Contact Energy Limited                                | CUSIP: Q2818G104<br>LEI: 549300FT5JOXS1PZ1I32 | Long             | EC               | CORP              | NZ        |     14400 | NS      | $76564.42     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Cafe De Coral Hldg                                    | Cafe de Coral Holdings Ltd.                           | CUSIP: G1744V103<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    332000 | NS      | $209869.60    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Harvey Norman Holdings Ltd.                           | Harvey Norman Holdings Ltd.                           | CUSIP: Q4525E117<br>LEI: 529900ONRWOF42PYKU59 | Long             | EC               | CORP              | AU        |     33536 | NS      | $154831.11    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Chow Sang Sang Hld                                    | Chow Sang Sang Holdings International Ltd.            | CUSIP: G2113M120<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    151000 | NS      | $237300.47    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Citizen Watch Co Ltd                                  | Citizen Watch Co., Ltd.                               | CUSIP: J0793Q103<br>LEI: 529900DUZBKERKGQ2628 | Long             | EC               | CORP              | JP        |     13000 | NS      | $105774.38    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Cromwell Property Group                               | Cromwell Property Group                               | CUSIP: Q2995J103<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   1169340 | NS      | $358908.65    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Hall Retail Reit                              | Charter Hall Retail REIT                              | CUSIP: Q2308D108<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    167489 | NS      | $454201.96    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Hansen Technologies Ltd.                              | Hansen Technologies Limited                           | CUSIP: Q4474Z103<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    103692 | NS      | $364856.91    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Ain Holdings Inc.                                     | Ain Holdings, Inc.                                    | CUSIP: J00602102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7200 | NS      | $306842.21    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| DAH Sing Financial                                    | Dah Sing Financial Holdings Ltd.                      | CUSIP: Y19182107<br>LEI: 529900J55QMXMR5KMH32 | Long             | EC               | CORP              | HK        |     52000 | NS      | $236257.13    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwabo Holdings Co Ltd.                              | Daiwabo Holdings Company Ltd.                         | CUSIP: J1R29Q108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     18400 | NS      | $362645.33    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiichikosho Co., Ltd.                                | Daiichikosho Company Ltd.                             | CUSIP: J0962F102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     18364 | NS      | $197583.21    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Delek Automotive S                                    | Delek Automotive Systems Ltd.                         | CUSIP: M2756V109<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      4460 | NS      | $34015.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Ansell Ltd.                                           | Ansell Limited                                        | CUSIP: Q04020105<br>LEI: 549300NEGJ5G23VCJM45 | Long             | EC               | CORP              | AU        |     22985 | NS      | $536342.19    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| TV Asahi Holdings Corp                                | TV Asahi Holdings Corporation                         | CUSIP: J93646107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6762 | NS      | $143905.96    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Corp Group Ltd.                                | Credit Corp Group Limited                             | CUSIP: Q2980K107<br>LEI: 549300JCSY6XG1L4WB90 | Long             | EC               | CORP              | AU        |      4244 | NS      | $39678.50     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Cawachi Limited                                       | Cawachi Limited                                       | CUSIP: J0535K109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6549 | NS      | $125577.58    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Summit Real Estate Holdings Ltd.                      | Summit Real Estate Holdings Ltd                       | CUSIP: M8705C134<br>LEI: 254900R2MAR4ZEW3DO03 | Long             | EC               | CORP              | IS        |      7177 | NS      | $139544.75    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Elco Ltd.                                             | Elco Ltd.                                             | CUSIP: M3787F105<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      3789 | NS      | $218207.62    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| FCC Co Ltd                                            | FCC Company Ltd.                                      | CUSIP: J1346G105<br>LEI: 529900JG0O5C2NAEHF11 | Long             | EC               | CORP              | JP        |     22193 | NS      | $527614.68    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| FIBI Holdings Ltd.                                    | FIBI Holdings Ltd.                                    | CUSIP: M4252W102<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      1058 | NS      | $88296.83     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| First Pacific Co Ltd.                                 | First Pacific Company Ltd.                            | CUSIP: G34804107<br>LEI: 254900VS1MDQSDM9DE09 | Long             | EC               | CORP              | HK        |    292000 | NS      | $223536.35    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Formula Systems (1985) Ltd.                           | Formula Systems 1985 Ltd.                             | CUSIP: M46518102<br>LEI: 5299007HN634606FI520 | Long             | EC               | CORP              | IL        |      1943 | NS      | $328009.48    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrotec Corp.                                        | Ferrotec Corporation                                  | CUSIP: J1347N109<br>LEI: 3538005N4KWZD4R07U97 | Long             | EC               | CORP              | JP        |     17100 | NS      | $549116.69    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Elecom Co., Ltd.                                      | Elecom Company Ltd.                                   | CUSIP: J12884102<br>LEI: 353800BXFUVR7EPC0G35 | Long             | EC               | CORP              | JP        |     29700 | NS      | $327265.12    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Hang Lung Group Ltd.                                  | Hang Lung Group Ltd.                                  | CUSIP: Y30148111<br>LEI: 529900V2T2EPOQYH0981 | Long             | EC               | CORP              | HK        |     25000 | NS      | $48954.61     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwa Co Ltd                                          | Hanwa Company Ltd.                                    | CUSIP: J18774166<br>LEI: 8EUP1TJYZFX3T1E5AJ33 | Long             | EC               | CORP              | JP        |      6800 | NS      | $311583.96    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Axial Retailing Inc                                   | Axial Retailing, Inc.                                 | CUSIP: J0392L109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     42812 | NS      | $315153.87    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Harel Insurance Investments & Financial Services Ltd. | Harel Insurance Investments & Financial Services Ltd. | CUSIP: M52635105<br>LEI: 213800BDNN3W11SXXD60 | Long             | EC               | CORP              | IL        |     20364 | NS      | $793722.10    | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Air New Zealand Limited                               | Air New Zealand Ltd.                                  | CUSIP: Q0169V100<br>LEI: 2549005EEIR2FNT5R792 | Long             | EC               | CORP              | NZ        |    322322 | NS      | $107576.68    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hino Motors Ltd.                                      | HINO MOTORS LTD                                       | CUSIP: 433406105<br>LEI: 3538009ZU0PHKNHJM202 | Long             | EC               | CORP              | JP        |    112500 | NS      | $277766.19    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi Construction Machinery Co Ltd.                | Hitachi Construction Machinery Co. Ltd.               | CUSIP: J20244109<br>LEI: 5493009B7C53PDH8W826 | Long             | EC               | CORP              | JP        |      9700 | NS      | $286749.46    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Pulp & Paper Co                                 | Japan Pulp & Paper Company Ltd.                       | CUSIP: J27449107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     72986 | NS      | $410386.03    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Regis Resources Ltd.                                  | Regis Resources Ltd.                                  | CUSIP: Q8059N120<br>LEI: 213800XH9YUXBLYBD749 | Long             | EC               | CORP              | AU        |    164136 | NS      | $818496.74    | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaga Electronics Co Ltd.                              | Kaga Electronics Company Ltd.                         | CUSIP: J28922102<br>LEI: 3538005V2HARHWLTPJ42 | Long             | EC               | CORP              | JP        |     15300 | NS      | $378939.33    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanamoto Co Ltd                                       | Kanamoto Company Ltd.                                 | CUSIP: J29557105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13055 | NS      | $326567.79    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaneka Corp.                                          | Kaneka Corporation                                    | CUSIP: J2975N106<br>LEI: 529900FWWCF6RY313R16 | Long             | EC               | CORP              | JP        |     10400 | NS      | $291710.97    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Kato Sangyo Co                                        | Kato Sangyo Company Ltd.                              | CUSIP: J3104N108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4497 | NS      | $184356.49    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| KYB Corporation                                       | KYB Corporation                                       | CUSIP: J31803109<br>LEI: 353800TNYJJSI69KPE33 | Long             | EC               | CORP              | JP        |      4700 | NS      | $134123.79    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| G-Tekt Corp.                                          | G-Tekt Corporation                                    | CUSIP: J32653107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     22211 | NS      | $278646.25    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Kiyo Bank Ltd                                         | Kiyo Bank Ltd. (The)                                  | CUSIP: J34082115<br>LEI: 3538002347FGLMNPVY63 | Long             | EC               | CORP              | JP        |     12200 | NS      | $254554.59    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Kobe Steel Ltd                                        | Kobe Steel Ltd.                                       | CUSIP: J34555250<br>LEI: 549300ZDCYYUPHEE5K87 | Long             | EC               | CORP              | JP        |     68600 | NS      | $906530.14    | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| J-Oil Mills Inc                                       | J-Oil Mills, Inc.                                     | CUSIP: J2838H106<br>LEI: 353800RFBICAX3MSBI46 | Long             | EC               | CORP              | JP        |     14106 | NS      | $180139.54    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Metropolitan Fund Investment Corp.              | Japan Retail Fund Investment Corporation              | CUSIP: J27544105<br>LEI: 353800QDHNIP60E1LQ93 | Long             | EC               | CORP              | JP        |       416 | NS      | $329157.34    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Worley Ltd.                                           | WORLEYPARSONS LTD.                                    | CUSIP: Q9858A103<br>LEI: 549300XDR86FY8OLGP97 | Long             | EC               | CORP              | AU        |     12644 | NS      | $105571.08    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeuchi Mfg Co Ltd                                   | Takeuchi Manufacturing Company Ltd.                   | CUSIP: J8135G105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      9400 | NS      | $404774.13    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Morinaga & Co., Ltd.                                  | Morinaga & Co., Ltd. 20                               | CUSIP: J46367108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     19100 | NS      | $323684.68    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Morinaga Milk Industry Co Ltd                         | Morinaga Milk Industry Co., Ltd.                      | CUSIP: J46410114<br>LEI: 529900FB91P7MVO08949 | Long             | EC               | CORP              | JP        |     14100 | NS      | $335243.72    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Musashino Bank Ltd.                                   | Musashino Bank Ltd. (The)                             | CUSIP: J46883104<br>LEI: 353800L8RJMVN2OOS612 | Long             | EC               | CORP              | JP        |      2900 | NS      | $90105.08     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| NGK Insulators Ltd                                    | NGK Insulators Ltd.                                   | CUSIP: J49076110<br>LEI: 353800701BNCL25VYY16 | Long             | EC               | CORP              | JP        |     25600 | NS      | $549395.89    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| The Nanto Bank, Ltd.                                  | Nanto Bank Ltd. (The)                                 | CUSIP: J48517106<br>LEI: 353800923E4YW3IDES52 | Long             | EC               | CORP              | JP        |      5400 | NS      | $205187.80    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Modec Inc(Japan)                                      | Modec, Inc.                                           | CUSIP: J4636K109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1000 | NS      | $75919.93     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Densetsu Kogyo Co Ltd                          | Nippon Densetsu Kogyo Company Ltd.                    | CUSIP: J52989100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17000 | NS      | $360067.18    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Shinyaku Co                                    | Nippon Shinyaku Company Ltd.                          | CUSIP: J55784102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     19600 | NS      | $706326.68    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| The Nisshin OilliO Group Ltd.                         | Nisshin Oillio Group Ltd. (The)                       | CUSIP: J57719122<br>LEI: 549300DMFXTY70ZEGQ59 | Long             | EC               | CORP              | JP        |      2800 | NS      | $93841.65     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Signal Co Ltd.                                 | Nippon Signal Company Ltd. 26                         | CUSIP: J55827117<br>LEI: 353800WH3SH4B0OO8074 | Long             | EC               | CORP              | JP        |     22505 | NS      | $188165.73    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Co Ltd                                         | Nomura Company Ltd.                                   | CUSIP: J58988106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     44300 | NS      | $376581.80    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Ceramic Co Ltd                                 | Nippon Ceramic Company Ltd.                           | CUSIP: J52344108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     16800 | NS      | $404157.46    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Noritsu Koki Co Ltd.                                  | Noritsu Koki Company Ltd.                             | CUSIP: J59117101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     27700 | NS      | $328850.46    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| OSG Corporation                                       | OSG CORP                                              | CUSIP: J63137103<br>LEI: 353800IWJAOVAFO6X450 | Long             | EC               | CORP              | JP        |     19200 | NS      | $280298.23    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyakujushi Bank Ltd. (The)                            | Hyakujushi Bank Ltd. (The)                            | CUSIP: J22932107<br>LEI: 5493009ZQOZS8JYRQN62 | Long             | EC               | CORP              | JP        |      5200 | NS      | $221130.39    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| ONO Pharmaceutical Co Ltd                             | Ono Pharmaceutical Company Ltd.                       | CUSIP: J61546115<br>LEI: 529900G26L4NG4GFJZ86 | Long             | EC               | CORP              | JP        |     25500 | NS      | $353312.27    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Century Corp.                                   | Tokyo Century Corporation                             | CUSIP: J8671Q103<br>LEI: 35380096ZLHOF84DXR74 | Long             | EC               | CORP              | JP        |     40300 | NS      | $522547.92    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Hazama Ando Corporation                               | Hazama Ando Corp                                      | CUSIP: J1912N104<br>LEI: 353800YSSP5B2GMQ6E51 | Long             | EC               | CORP              | JP        |     23000 | NS      | $277975.30    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyu Const(New)                                      | Tokyu Construction Company Ltd.                       | CUSIP: J88677158<br>LEI: 529900AF5X5AZCMDF192 | Long             | EC               | CORP              | JP        |     24800 | NS      | $207308.13    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Global one Real Estate Investment                     | Global One Real Estate Investment Corporation         | CUSIP: J1727U103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       328 | NS      | $288395.11    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Prima Meat Packers Ltd.                               | Prima Meat Packers Ltd.                               | CUSIP: J64040132<br>LEI: 353800FLEUUL20RKCU14 | Long             | EC               | CORP              | JP        |     13300 | NS      | $226255.37    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| SBS Holdings Inc                                      | SBS Holdings, Inc.                                    | CUSIP: J6985F102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      9400 | NS      | $226523.99    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Sakata Inx Corp                                       | Sakata INX Corporation                                | CUSIP: J66661125<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     23400 | NS      | $354156.94    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanki Engineering Co Ltd                              | Sanki Engineering Company Ltd.                        | CUSIP: J67435107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12300 | NS      | $450553.22    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Sankyo Co Ltd                                         | Sankyo Company Ltd.                                   | CUSIP: J67844100<br>LEI: 3538009H2R9ZBZAOAK48 | Long             | EC               | CORP              | JP        |     25600 | NS      | $415539.89    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanyo Chemical Industries Ltd.                        | Sanyo Chemical Industries, Ltd.                       | CUSIP: J68682103<br>LEI: 529900STCFY6RXOR2I79 | Long             | EC               | CORP              | JP        |     10900 | NS      | $363414.46    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Shikoku Electric Power Co Inc.                        | Shikoku Electric Power Company, Inc.                  | CUSIP: J72079106<br>LEI: 353800KWK6U7ZCIWXS64 | Long             | EC               | CORP              | JP        |     31426 | NS      | $311590.11    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Ns United Kaiun Kaisha Ltd                            | NS United Kaiun Kaisha Ltd.                           | CUSIP: J5932X109<br>LEI: 353800MK2Y7X2PZGXN23 | Long             | EC               | CORP              | JP        |      6400 | NS      | $249258.77    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Showa Sangyo Co Ltd.                                  | Showa Sangyo Company Ltd.                             | CUSIP: J75347104<br>LEI: 549300JPYQ7YV93EU469 | Long             | EC               | CORP              | JP        |      8506 | NS      | $163672.01    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| S Foods Inc                                           | S Foods, Inc.                                         | CUSIP: J7T34B109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17900 | NS      | $310865.74    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Stanley Electric Co Ltd                               | Stanley Electric Company Ltd.                         | CUSIP: J76637115<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7900 | NS      | $155534.35    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Osaka Cement Co Ltd                          | Sumitomo Osaka Cement Company Ltd.                    | CUSIP: J77734101<br>LEI: 5299001WJ26J6HQN5D67 | Long             | EC               | CORP              | JP        |      9200 | NS      | $223577.91    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Takara Standard Co Ltd                                | Takara Standard Company Ltd.                          | CUSIP: J80851116<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17700 | NS      | $330027.54    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokai Rika Co Ltd                                     | Tokai Rika Company Ltd.                               | CUSIP: J85968105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13800 | NS      | $275266.13    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Yurtec Corporation                                    | Yurtec Corporation                                    | CUSIP: J85087104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17300 | NS      | $304252.60    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Tohoku Electric Power Co Inc                          | Tohoku Electric Power Company, Inc.                   | CUSIP: J85108108<br>LEI: 353800KTF7EYIIYHY088 | Long             | EC               | CORP              | JP        |     40491 | NS      | $298432.73    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokuyama Corp                                         | Tokuyama Corporation                                  | CUSIP: J86506110<br>LEI: 529900MHGZKHNMNCQB62 | Long             | EC               | CORP              | JP        |      8400 | NS      | $221077.07    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Totetsu Kogyo Co                                      | Totetsu Kogyo Company Ltd.                            | CUSIP: J90182106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10800 | NS      | $313391.80    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Tire Corp.                                       | Toyo Tire Corporation                                 | CUSIP: J92805175<br>LEI: 529900Y41RD7VQM9RF75 | Long             | EC               | CORP              | JP        |     10700 | NS      | $296978.96    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyoda Gosei Co Ltd                                   | Toyoda Gosei Company Ltd.                             | CUSIP: J91128108<br>LEI: 353800ZV4HXVM4DWPO50 | Long             | EC               | CORP              | JP        |     10400 | NS      | $262210.27    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Boshoku Corp.                                  | Toyota Boshoku Corporation                            | CUSIP: J91214106<br>LEI: 529900KS87U6EY7PWG26 | Long             | EC               | CORP              | JP        |     15800 | NS      | $254233.35    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Wakita & Co                                           | Wakita & Company Ltd.                                 | CUSIP: J94852100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     22300 | NS      | $274707.78    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Yokohama Rubber Co Ltd                                | YOKOHAMA RUBBER CO LTD                                | CUSIP: J97536171<br>LEI: 52990036XNWY2FMYWB76 | Long             | EC               | CORP              | JP        |      9400 | NS      | $361763.86    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Starzen Co Ltd                                        | Starzen Company Ltd.                                  | CUSIP: J7670K109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     14115 | NS      | $113095.84    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Clariant AG                                           | Clariant AG                                           | CUSIP: H14843165<br>LEI: 529900VSEKBY7TMPP349 | Long             | EC               | CORP              | CH        |     14802 | NS      | $132395.78    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Temenos AG                                            | Temenos A.G.                                          | CUSIP: H8547Q107<br>LEI: 5067007NW6550481FH64 | Long             | EC               | CORP              | CH        |      6707 | NS      | $666956.30    | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| GL Events SA                                          | GL Events S.A.CA                                      | CUSIP: F7440W163<br>LEI: 9695002PXZMQNBPY2P44 | Long             | EC               | CORP              | FR        |      5260 | NS      | $184015.51    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca IFIS S.p.A                                      | BANCA IFIS S.P.A                                      | CUSIP: T1131F154<br>LEI: 8156005420362AE59184 | Long             | EC               | CORP              | IT        |      9092 | NS      | $271093.70    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Getinge AB                                            | Getinge A.B.                                          | CUSIP: W3443C107<br>LEI: 5493003PZ4F570G3W735 | Long             | EC               | CORP              | SE        |      1862 | NS      | $43960.52     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Norwegian Air Shuttle ASA                             | Norwegian Air Shuttle AS                              | CUSIP: R63179247<br>LEI: 549300IEUH2FEM2Y6B51 | Long             | EC               | CORP              | NO        |     43180 | NS      | $74434.96     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Proximus S.A                                          | Proximus S.A.DP                                       | CUSIP: B6951K109<br>LEI: 549300CWRXC5EP004533 | Long             | EC               | CORP              | BE        |     67281 | NS      | $558565.97    | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Invincible Investment Corporation                     | Invincible Investment Corporation                     | CUSIP: J2442V103<br>LEI: 353800JY6M2692VAV685 | Long             | EC               | CORP              | JP        |      1473 | NS      | $604899.75    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Karoon Energy Ltd.                                    | Karoon Energy Ltd.                                    | CUSIP: Q5210P101<br>LEI: 529900VXILHR2CNBWD62 | Long             | EC               | CORP              | AU        |    130203 | NS      | $133672.36    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| SES S.A.                                              | SES S.A.                                              | CUSIP: L8300G135<br>LEI: 5493008JPA4HYMH1HX51 | Long             | EC               | CORP              | LU        |     38115 | NS      | $246418.05    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Magellan Financial Group Ltd.                         | Magellan Financial Group Ltd.                         | CUSIP: Q5713S107<br>LEI: 549300X5WFW6USQQ9U26 | Long             | EC               | CORP              | AU        |     39269 | NS      | $260610.44    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Super Retail Group Ltd.                               | Super Retail Group Ltd.                               | CUSIP: Q88009107<br>LEI: 9845001C5140A8CK7D81 | Long             | EC               | CORP              | AU        |     29132 | NS      | $310940.10    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| DAH Sing Banking G                                    | Dah Sing Banking Group Ltd.                           | CUSIP: Y1923F101<br>LEI: 529900DXBMKJOLLQOM66 | Long             | EC               | CORP              | HK        |    154991 | NS      | $212692.96    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Perseus Mining Ltd.                                   | Perseus Mining Ltd.                                   | CUSIP: Q74174105<br>LEI: 54930054ZDGKBCW3SM26 | Long             | EC               | CORP              | AU        |    156684 | NS      | $588941.98    | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Leasing Company Limited                        | Mizuho Leasing Company Ltd.                           | CUSIP: J2308V106<br>LEI: 353800O6EEA5GK30Z659 | Long             | EC               | CORP              | JP        |     31900 | NS      | $287721.45    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker ASA                                              | Aker ASA                                              | CUSIP: R0114P108<br>LEI: 5967007LIEEXZXJ10071 | Long             | EC               | CORP              | NO        |      2741 | NS      | $208285.99    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Dexus                                                 | Dexus                                                 | CUSIP: Q318A1104<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     15428 | NS      | $71146.60     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Jyske Bank AS                                         | Jyske Bank A/S                                        | CUSIP: K55633117<br>LEI: 3M5E1GQGKL17HI6CPN30 | Long             | EC               | CORP              | DK        |      4517 | NS      | $618224.97    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Etablissements Maurel & Prom S.A.                     | Etablissements Maurel et Prom S.A.                    | CUSIP: F60858101<br>LEI: 969500ZTYI9C1C594X25 | Long             | EC               | CORP              | FR        |     48970 | NS      | $316164.00    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Dena Co Ltd.                                          | DeNA Company Ltd.                                     | CUSIP: J1257N107<br>LEI: 529900T9JQP7I5LDY154 | Long             | EC               | CORP              | JP        |     13100 | NS      | $211115.35    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Sydbank AS                                         | AL Sydbank                                            | CUSIP: K9419V113<br>LEI: GP5DT10VX1QRQUKVBK64 | Long             | EC               | CORP              | DK        |      3150 | NS      | $281365.65    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Raiffeisen Bank International AG                      | Raiffeisen Bank International A.G.                    | CUSIP: A7111G104<br>LEI: 9ZHRYM6F437SQJ6OUG95 | Long             | EC               | CORP              | AT        |     13682 | NS      | $609422.66    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| OPmobility                                            | Opmobility                                            | CUSIP: F73325106<br>LEI: 9695001VLC2KYXX0DW73 | Long             | EC               | CORP              | FR        |     12256 | NS      | $228741.76    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Webuild SPA                                           | Salini Impregilo SpA                                  | CUSIP: T9T11U109<br>LEI: 549300UKR289DF4UXQ47 | Long             | EC               | CORP              | IT        |     53888 | NS      | $214559.96    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| NOS SGPS SA                                           | NOS SGPS S.A.                                         | CUSIP: X5S8LH105<br>LEI: 5493004DM8FGIY6QKF37 | Long             | EC               | CORP              | PT        |      9986 | NS      | $47057.47     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Serica Energy Plc                                     | Serica Energy plc                                     | CUSIP: G80475109<br>LEI: 213800EZZOKA815VC426 | Long             | EC               | CORP              | GB        |     36051 | NS      | $84681.29     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| United Energy Group Ltd.                              | United Energy Group Ltd.                              | CUSIP: G9231L108<br>LEI: 254900I49QKOOISW8F62 | Long             | EC               | CORP              | HK        |   3214460 | NS      | $181387.07    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Starhill Global Real Estate Investment Trust          | Starhill Global REIT                                  | CUSIP: Y7545N109<br>LEI: 549300GCJNC7HDN3YK51 | Long             | EC               | CORP              | SG        |    565070 | NS      | $261312.01    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| EFG International AG                                  | EFG International A.G.                                | CUSIP: H2078C108<br>LEI: 506700PR1R98BSF81139 | Long             | EC               | CORP              | CH        |      4355 | NS      | $104434.70    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercialys S.A.                                        | Mercialys SA                                          | CUSIP: F61573105<br>LEI: 969500081CGAXB7YS433 | Long             | EC               | CORP              | FR        |     27891 | NS      | $360985.46    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Lancashire Holdings Limited                           | Lancashire Holdings Ltd.                              | CUSIP: G5361W104<br>LEI: 5493002UNUYXLHOWF752 | Long             | EC               | CORP              | GB        |     55700 | NS      | $480473.56    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Zealand Pharma As                                     | Zealand Pharma A/S                                    | CUSIP: K9898X127<br>LEI: 549300ITBB1ULBL4CZ12 | Long             | EC               | CORP              | DK        |       632 | NS      | $45918.48     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyorin Pharmaceutical Co Ltd.                         | KYORIN Holdings, Inc.                                 | CUSIP: J37996113<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4600 | NS      | $45153.46     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Implenia AG                                           | Implenia A.G.                                         | CUSIP: H41929102<br>LEI: 52990006TKCUQQJ79B11 | Long             | EC               | CORP              | CH        |     10212 | NS      | $979266.39    | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Also Holding AG                                       | ALSO Holding AG                                       | CUSIP: H0178Q159<br>LEI: 529900ACS8A6PTQI6141 | Long             | EC               | CORP              | CH        |       143 | NS      | $38591.97     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Atea ASA                                              | Atea ASA                                              | CUSIP: R0728G106<br>LEI: 5967007LIEEXZXINVS13 | Long             | EC               | CORP              | NO        |     12806 | NS      | $200100.28    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Bam Groep NV                              | Koninklijke BAM Groep N.V.                            | CUSIP: N0157T177<br>LEI: 724500V38C5KTDY5BS93 | Long             | EC               | CORP              | NL        |     94232 | NS      | $1027315.55   | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Ratos AB (publ)                                       | Ratos AB                                              | CUSIP: W72177111<br>LEI: 2138008KECUUB9VR4798 | Long             | EC               | CORP              | SE        |     11044 | NS      | $45345.04     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaufman & Broad SA                                    | Kaufman & Broad S.A.                                  | CUSIP: F5375H102<br>LEI: 969500CE0X343D8ALO86 | Long             | EC               | CORP              | FR        |      1820 | NS      | $63803.43     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Hotel REIT Investment Corporation               | Japan Hotel REIT Investment Corporation               | CUSIP: J2761Q107<br>LEI: 353800L8KG849FP1JI68 | Long             | EC               | CORP              | JP        |       642 | NS      | $335085.70    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| CIE Automotive SA                                     | CIE Automotive S.A.                                   | CUSIP: E21245118<br>LEI: 95980020140005381252 | Long             | EC               | CORP              | ES        |      6653 | NS      | $231911.97    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| DNO ASA                                               | DNO ASA                                               | CUSIP: R6007G105<br>LEI: 5967007LIEEXZXH3K072 | Long             | EC               | CORP              | NO        |    161659 | NS      | $255132.96    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Austevoll Seafood ASA                                 | Austevoll Seafood ASA                                 | CUSIP: R0814U100<br>LEI: 5967007LIEEXZXFFDC03 | Long             | EC               | CORP              | NO        |     40029 | NS      | $385806.61    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Jet2 PLC                                              | JET2 plc                                              | CUSIP: G5112P101<br>LEI: I72RQ3PNLDPW8R7JIJ56 | Long             | EC               | CORP              | GB        |     12786 | NS      | $241128.68    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Investec PLC                                          | Investec plc                                          | CUSIP: G49188116<br>LEI: 2138007Z3U5GWDN3MY22 | Long             | EC               | CORP              | ZA        |     24059 | NS      | $178596.54    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| SSAB AB                                               | SSAB A.B.                                             | CUSIP: W8615U108<br>LEI: 529900329VS14ZIML164 | Long             | EC               | CORP              | SE        |     30203 | NS      | $226139.85    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Amot Investments Limited                              | Amot Investments Ltd.                                 | CUSIP: M1035R103<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     45966 | NS      | $360802.23    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Mixi Inc                                              | MIXI, Inc.                                            | CUSIP: J45993110<br>LEI: 529900IL3THMH0SFYQ49 | Long             | EC               | CORP              | JP        |      2600 | NS      | $45210.91     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitchells & Butlers PLC                               | Mitchells & Butlers plc                               | CUSIP: G61614122<br>LEI: 213800JHYNDNB1NS2W10 | Long             | EC               | CORP              | GB        |     95259 | NS      | $335794.31    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Polar Capital Hldg                                    | Polar Capital Holdings plc                            | CUSIP: G7165U102<br>LEI: 549300OXX7YE1947B825 | Long             | EC               | CORP              | GB        |     34340 | NS      | $245573.24    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyoei Steel Ltd                                       | Kyoei Steel Ltd. 16                                   | CUSIP: J3784P100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2217 | NS      | $34663.03     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Paz Retail & Energy Ltd.                              | Paz Retail And Energy Ltd.                            | CUSIP: M7846U102<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      2027 | NS      | $454883.71    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Rank Group PLC                                        | Rank Group plc                                        | CUSIP: G7377H121<br>LEI: 213800TXKD6XZWOFTE12 | Long             | EC               | CORP              | GB        |    195983 | NS      | $262339.24    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SCOR SE                                               | SCOR S.E.                                             | CUSIP: F15561677<br>LEI: 96950056ULJ4JI7V3752 | Long             | EC               | CORP              | FR        |     10308 | NS      | $346880.72    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Blue Square Real Estate Ltd.                          | Blue Square Real Estate Ltd. 28                       | CUSIP: M20259103<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      2744 | NS      | $341423.15    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Ai Holdings Corporation                               | Ai Holdings Corporation                               | CUSIP: J0060P101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     19997 | NS      | $361004.21    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Sky Perfect Jsat Corp.                                | SKY Perfect JSAT Holdings, Inc.                       | CUSIP: J75606103<br>LEI: 5299009SAF34W9TVEF26 | Long             | EC               | CORP              | JP        |     15600 | NS      | $199385.95    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Hilton Food Group PLC                                 | Hilton Food Group plc                                 | CUSIP: G4586W106<br>LEI: 213800JY7VJFS2OOX355 | Long             | EC               | CORP              | GB        |     15880 | NS      | $107888.87    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Drax Group PLC                                        | Drax Group plc                                        | CUSIP: G2904K127<br>LEI: 549300YPSNTXR4ZHSR98 | Long             | EC               | CORP              | GB        |     39267 | NS      | $443045.97    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Yangzijiang Shipbuilding Holdings Ltd.                | Yangzijiang Shipbuilding Holdings Ltd.                | CUSIP: Y9728A102<br>LEI: 254900Z3JEM14YIGLM66 | Long             | EC               | CORP              | CN        |    197600 | NS      | $533806.54    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Swissquote Group Holding AG                           | Swissquote Group Holding S.A.                         | CUSIP: H8403Y103<br>LEI: 549300O3WME82RDPEN66 | Long             | EC               | CORP              | CH        |       147 | NS      | $89239.93     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Growthpoint Properties Australia Ltd.                 | Growthpoint Properties Australia Ltd.                 | CUSIP: Q4359J133<br>LEI: 529900VCPJ9IEDF4TJ03 | Long             | EC               | CORP              | AU        |    162289 | NS      | $263883.73    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Almirall S.A.                                         | Almirall S.A.                                         | CUSIP: E0459H111<br>LEI: 95980020140005007996 | Long             | EC               | CORP              | ES        |      3271 | NS      | $49150.26     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Capitaland India Trust                                | Capitaland India Trust                                | CUSIP: Y0259C104<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    182313 | NS      | $172890.99    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| NRW Holdings Ltd                                      | NRW Holdings Ltd.                                     | CUSIP: Q6951V109<br>LEI: 5493003S2MORCH0HEL95 | Long             | EC               | CORP              | AU        |    112698 | NS      | $385932.63    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Strabag SE                                            | Strabag S.E.                                          | CUSIP: A8363A118<br>LEI: 529900TYYSRJH2VJSP60 | Long             | EC               | CORP              | AT        |       663 | NS      | $62982.13     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| First Resources Ltd.                                  | First Resources Ltd.                                  | CUSIP: Y2560F107<br>LEI: 5493007RRD817HUP4O49 | Long             | EC               | CORP              | SG        |    256914 | NS      | $417671.23    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| G8 Education Ltd.                                     | G8 Education Ltd.                                     | CUSIP: Q3973C110<br>LEI: 5299008FNTQ0LDQ3UZ44 | Long             | EC               | CORP              | AU        |    206638 | NS      | $94995.85     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Persol Holdings Co Ltd.                               | Persol Holdings Company Ltd.                          | CUSIP: J6367Q106<br>LEI: 3538000H6OI725NB2008 | Long             | EC               | CORP              | JP        |    245500 | NS      | $455679.89    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| PAX Global Technology Ltd.                            | PAX Global Technology Ltd.                            | CUSIP: G6955J103<br>LEI: 5299008CRGPD1WZXCD36 | Long             | EC               | CORP              | HK        |    264000 | NS      | $171770.35    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Dicker Data Ltd                                       | Dicker Data, Ltd.                                     | CUSIP: Q318AK102<br>LEI: 549300Z9AR1B5G2UQJ37 | Long             | EC               | CORP              | AU        |     43482 | NS      | $297766.37    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Zigup PLC                                             | Zigup plc                                             | CUSIP: G7331W115<br>LEI: 213800B3ZUTDOZYVJB41 | Long             | EC               | CORP              | GB        |     83148 | NS      | $429845.89    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| West African Resources Ltd.                           | West African Resources Ltd.                           | CUSIP: Q9594D106<br>LEI: 529900XLO8GMJNTUL013 | Long             | EC               | CORP              | AU        |    221277 | NS      | $437953.50    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Stolt-Nielsen Ltd                                     | STOLT-NIELSEN LTD                                     | CUSIP: G85080102<br>LEI: 213800VZX4LWJSGRLR94 | Long             | EC               | CORP              | NO        |      2146 | NS      | $69183.76     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Carmila SAS                                           | Carmila S.A.                                          | CUSIP: F1387K266<br>LEI: 222100P6D3QKU33LZQ72 | Long             | EC               | CORP              | FR        |     14726 | NS      | $293674.60    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Currys PLC                                            | Currys plc                                            | CUSIP: G2601D103<br>LEI: 2138001E12GWLLDQQF16 | Long             | EC               | CORP              | GB        |    453346 | NS      | $767934.50    | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Light Metal Holdings Co Ltd.                   | Nippon Light Metal Holdings Company Ltd.              | CUSIP: J5470A107<br>LEI: 353800J9KCFJSF2CGT47 | Long             | EC               | CORP              | JP        |     21900 | NS      | $356429.61    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Wallenius Wilhelmsen ASA                              | Wallenius Wilhelmsen ASA                              | CUSIP: R9820L103<br>LEI: 549300NBN0URT3RA3Y54 | Long             | EC               | CORP              | NO        |     52928 | NS      | $527006.35    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Aims Apac Reit                                        | AIMS APAC REIT                                        | CUSIP: Y0029Z136<br>LEI: 549300MGNQOBQ3KVN734 | Long             | EC               | CORP              | SG        |    331700 | NS      | $386823.43    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Carasso Motors Ltd                                    | Carasso Motors Ltd.                                   | CUSIP: M2102C102<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      1265 | NS      | $14114.31     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Inchcape plc                                          | Inchcape plc                                          | CUSIP: G47320208<br>LEI: 213800RGEH1MPPNM2T57 | Long             | EC               | CORP              | GB        |      5478 | NS      | $56786.35     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tomony Holdings Inc.                                  | TOMONY Holdings, Inc.                                 | CUSIP: J8912M101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     43400 | NS      | $217254.24    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| EasyJet PLC                                           | easyJet plc                                           | CUSIP: G3030S109<br>LEI: 2138001S47XKWIB7TH90 | Long             | EC               | CORP              | GB        |     57874 | NS      | $397033.59    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Yancoal Australia Ltd                                 | Yancoal Australia Ltd.                                | CUSIP: Q9869P115<br>LEI: 3003003IC6G39HKQAD13 | Long             | EC               | CORP              | AU        |     29950 | NS      | $98733.66     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Hugo Boss AG                                          | HUGO BOSS A.G.                                        | CUSIP: D34902102<br>LEI: 529900LFVU534EBRXD13 | Long             | EC               | CORP              | DE        |      1133 | NS      | $47725.18     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosegur Compania de Seguridad SA                     | Prosegur Cia de Seguridad S.A.                        | CUSIP: E83453188<br>LEI: 549300N94L4D5NDBFG97 | Long             | EC               | CORP              | ES        |     30983 | NS      | $94427.17     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Grand City Properties SA                              | Grand City Properties S.A.                            | CUSIP: L4459Y100<br>LEI: 5299002QLUYKK2WBMB18 | Long             | EC               | CORP              | LU        |      5703 | NS      | $65730.38     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Konoike Transport Co Ltd.                             | Konoike Transport Company Ltd.                        | CUSIP: J3S43H105<br>LEI: 3538004PLQ2IF2DMNC61 | Long             | EC               | CORP              | JP        |     20000 | NS      | $419688.14    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Colonial SFL Socimi SA                                | Inmobilaria Colonial S.A.                             | CUSIP: E6451E105<br>LEI: 95980020140005007414 | Long             | EC               | CORP              | ES        |      5589 | NS      | $35785.54     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Accent Group Ltd.                                     | Accent Group Ltd.                                     | CUSIP: Q0R618101<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    175071 | NS      | $110211.32    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Italgas SpA                                           | Italgas SpA                                           | CUSIP: T6R89Z103<br>LEI: 815600F25FF44EF1FA76 | Long             | EC               | CORP              | IT        |     12595 | NS      | $140433.19    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Open House Group Co Ltd                               | Open House Group Company Ltd.                         | CUSIP: J3072G101<br>LEI: 529900WQOGPBIJEHW865 | Long             | EC               | CORP              | JP        |     11100 | NS      | $651608.60    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| ConvaTec Group PLC                                    | Convatec Group plc                                    | CUSIP: G23969101<br>LEI: 213800LS272L4FIDOH92 | Long             | EC               | CORP              | GB        |     26769 | NS      | $87402.88     | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Gestamp Automocion S A                                | Gestamp Automocion S.A.                               | CUSIP: E5R71W108<br>LEI: 95980020140005484363 | Long             | EC               | CORP              | ES        |     91240 | NS      | $324654.37    | 0.37%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Valeo SE                                              | Valeo S.E.                                            | CUSIP: F96221340<br>LEI: 5493006IH2N2WMIBB742 | Long             | EC               | CORP              | FR        |     10594 | NS      | $143723.20    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyu Fudosan Holdings Corp.                          | Tokyu Fudosan Holdings Corporation                    | CUSIP: J88764105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     66500 | NS      | $607520.54    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosegur Cash SA                                      | Prosegur Cash S.A. 19                                 | CUSIP: E8S56X108<br>LEI: 9598005HY5DEFPU2SM35 | Long             | EC               | CORP              | ES        |    108014 | NS      | $80289.73     | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Academedia Ab                                         | AcadeMedia A.B.                                       | CUSIP: W1202M266<br>LEI: 549300H47PGHY4JNKO68 | Long             | EC               | CORP              | SE        |     12374 | NS      | $132614.64    | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Sagax AB                                              | Sagax A.B.                                            | CUSIP: W7519A226<br>LEI: 549300LJX28T6OM8DT95 | Long             | EC               | CORP              | SE        |    151342 | NS      | $555615.13    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Rubis SCA                                             | Rubis SCA                                             | CUSIP: F7686C152<br>LEI: 969500MGFIKUGLTC9742 | Long             | EC               | CORP              | FR        |      1663 | NS      | $62420.78     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Crystal International Group Limited                   | Crystal International Group Ltd.                      | CUSIP: G2701R101<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    108000 | NS      | $92984.93     | 0.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Aroundtown SA                                         | Aroundtown S.A.                                       | CUSIP: L0269F109<br>LEI: 529900H4DWG3KWMBMQ39 | Long             | EC               | CORP              | LU        |     73834 | NS      | $228513.19    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Sigma Healthcare Ltd.                                 | Sigma Healthcare Ltd.                                 | CUSIP: Q8T84B108<br>LEI: 529900BZSP3BK7GYAO50 | Long             | EC               | CORP              | AU        |     20039 | NS      | $39222.53     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| MPC Container Ships ASA                               | MPC Container Ships ASA                               | CUSIP: R4S03Q110<br>LEI: 213800MXS7CXYJ2Q1805 | Long             | EC               | CORP              | NO        |    165898 | NS      | $289148.82    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Lion Finance Group PLC                                | Lion Finance Group plc                                | CUSIP: G0R1NA104<br>LEI: 213800XKDG12NQG8VC53 | Long             | EC               | CORP              | GB        |      6676 | NS      | $834699.68    | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Mutares SE & Co. KGaA                                 | Mutares S.E. & Company KGaA                           | CUSIP: D5624A157<br>LEI: 391200NWMO6NLQFSCU64 | Long             | EC               | CORP              | DE        |      6983 | NS      | $244067.96    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Daishi Hokuetsu Financial Group Inc                   | Daishi Hokuetsu Financial Group, Inc.                 | CUSIP: J10795102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     30300 | NS      | $314901.53    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Dermapharm Holding SE                                 | Dermapharm Holding S.E.                               | CUSIP: D1T0ZJ103<br>LEI: 5299009F0KNZINQQQK37 | Long             | EC               | CORP              | DE        |      2866 | NS      | $132135.84    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Nine Entertainment Co Holdings Ltd.                   | Nine Entertainment Company Holdings Ltd.              | CUSIP: Q6813N105<br>LEI: 529900WLXD3X7TFOAI42 | Long             | EC               | CORP              | AU        |    350636 | NS      | $258968.79    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Kasumigaseki Capital Co Ltd                           | Kasumigaseki Capital Company Ltd.                     | CUSIP: J3087N109<br>LEI: 353800K2AQIR06QHCT28 | Long             | EC               | CORP              | JP        |      1800 | NS      | $84251.61     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Platzer Fastigheter Holding AB (publ)                 | Platzer Fastigheter Holding A.B.                      | CUSIP: W7S644112<br>LEI: 5493009KPII4BZE70820 | Long             | EC               | CORP              | SE        |      5539 | NS      | $44821.41     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Unicaja Banco, S.A.U.                                 | Unicaja Banco S.A.                                    | CUSIP: E92589105<br>LEI: 5493007SJLLCTM6J6M37 | Long             | EC               | CORP              | ES        |     55728 | NS      | $181279.15    | 0.21%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Valmet Oyj                                            | Valmet OYJ                                            | CUSIP: X96478114<br>LEI: 213800D9O7FUQDH83V62 | Long             | EC               | CORP              | FI        |      2754 | NS      | $90983.47     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Eagle Hospitality Trust                               | Eagle Hospitality Trust                               | CUSIP: Y2188L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1204600 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Hirogin Holdings Inc.                                 | Hirogen Holdings, Inc.                                | CUSIP: J21045109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     21100 | NS      | $213349.18    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferretti S.p.A.                                       | Ferretti SpA                                          | CUSIP: T4R20P128<br>LEI: 815600F40754716D2D91 | Long             | EC               | CORP              | IT        |     12787 | NS      | $45888.71     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Monte dei Paschi di Siena S.p.A.                | Banca Monte dei Paschi di Siena SpA                   | CUSIP: T1188K429<br>LEI: J4CP7MHCXR8DAQMKIL78 | Long             | EC               | CORP              | IT        |      6045 | NS      | $64341.07     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ISS A/S                                               | ISS A/S                                               | CUSIP: K5591Y107<br>LEI: 213800LEZA58SZNCBN19 | Long             | EC               | CORP              | DK        |      2343 | NS      | $79829.26     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Norion Bank AB                                        | Norion Bank A.B.                                      | CUSIP: W2R057101<br>LEI: 529900AGWAKUTYNETM62 | Long             | EC               | CORP              | SE        |     62193 | NS      | $463287.69    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Perenti Ltd.                                          | Perenti Ltd.                                          | CUSIP: Q73992101<br>LEI: 25490044GUNE4S2E6K11 | Long             | EC               | CORP              | AU        |    454259 | NS      | $843009.47    | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Cementir Holding N.V.                                 | Cementir Holding N.V.                                 | CUSIP: N19582100<br>LEI: 8156008B101B97A43B02 | Long             | EC               | CORP              | IT        |      9166 | NS      | $201031.18    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Express Holdings Inc                           | NIPPON EXPRESS HOLDINGS INC                           | CUSIP: J53377107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5600 | NS      | $119862.96    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Centuria Office REIT                                  | Centuria Office REIT                                  | CUSIP: Q2227Z107<br>LEI: 984500D9D1RFE9AF4796 | Long             | EC               | CORP              | AU        |    295698 | NS      | $226898.45    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftwareONE Holding AG                                | Softwareone Holding A.G.                              | CUSIP: H5682F102<br>LEI: 529900GBI88JKWXLGI05 | Long             | EC               | CORP              | CH        |     36789 | NS      | $418153.99    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Endeavour Mining PLC                                  | Endeavour Mining plc                                  | CUSIP: G3042J105<br>LEI: 529900NI5MXQ91GHXR07 | Long             | EC               | CORP              | GB        |     15212 | NS      | $794828.82    | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon REIT Investment Corporation                    | NIPPON REIT Investment Corporation                    | CUSIP: J5530Q100<br>LEI: 3538004O49OJ90PEXX85 | Long             | EC               | CORP              | JP        |       688 | NS      | $433983.49    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MFE-MediaForEurope NV                                 | MFE-MediaForEurope N.V.                               | CUSIP: N5673Q128<br>LEI: 213800DIFN7NR7B97A50 | Long             | EC               | CORP              | IT        |     80904 | NS      | $292034.07    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| OSB Group PLC                                         | OSB Group plc                                         | CUSIP: G6S36L101<br>LEI: 213800ZBKL9BHSL2K459 | Long             | EC               | CORP              | GB        |     38605 | NS      | $330631.32    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Vallourec SA                                          | Vallourec S.A.CA                                      | CUSIP: F96708270<br>LEI: 969500P2Q1B47H4MCJ34 | Long             | EC               | CORP              | FR        |      5016 | NS      | $92102.78     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Infroneer Holdings Inc                                | INFRONEER Holdings, Inc.                              | CUSIP: J2449Y100<br>LEI: 353800G6TWA2W0MY9K16 | Long             | EC               | CORP              | JP        |     27900 | NS      | $381263.03    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Barco NV                                              | Barco N.V.                                            | CUSIP: B0833G105<br>LEI: 549300N17QCD827TII61 | Long             | EC               | CORP              | BE        |     19068 | NS      | $264230.13    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Pepper Money Limited                                  | Pepper Money Ltd./Australia                           | CUSIP: Q7389W107<br>LEI: 549300YIM8RX3KHGIU35 | Long             | EC               | CORP              | AU        |     47161 | NS      | $67712.55     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Harbour Energy PLC                                    | Harbour Energy plc                                    | CUSIP: G4289T111<br>LEI: 213800YPC42DYBKVPF97 | Long             | EC               | CORP              | GB        |     77946 | NS      | $205085.30    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Phc Holdings Corporation                              | PHC Holdings Corporation                              | CUSIP: J6S671104<br>LEI: 3538001U3W83EUYS3187 | Long             | EC               | CORP              | JP        |     38577 | NS      | $274219.40    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoegh Autoliners ASA                                  | Hoegh Autoliners ASA                                  | CUSIP: R3R18C109<br>LEI: 549300D7GNMPKTA4HD46 | Long             | EC               | CORP              | NO        |     25431 | NS      | $246143.46    | 0.28%             |  |  |  | Yes           |                  2 | On Loan: No      |
| H Lundbeck A S                                        | H Lundbeck A/S                                        | CUSIP: K4406L137<br>LEI: 5493006R4KC2OI5D3470 | Long             | EC               | CORP              | DK        |     69288 | NS      | $468161.58    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| HIAG Immobilien Holding AG                            | Hiag Immobilien Holding A.G.                          | CUSIP: H3634R100<br>LEI: 549300TU2XXQ3TU4KJ11 | Long             | EC               | CORP              | CH        |      2582 | NS      | $386197.06    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Tre Holdings Corp                                     | TRE Holdings Corporation                              | CUSIP: J9298C105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     30800 | NS      | $316954.91    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| B&M European Value Retail SA                          | B&M European Value Retail S.A.                        | CUSIP: L1175H106<br>LEI: 213800UK7ZRLY2K1X530 | Long             | EC               | CORP              | GB        |     11394 | NS      | $25830.42     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Loomis AB                                             | Loomis A.B.                                           | CUSIP: W5S50Y116<br>LEI: 213800NS2XXVRYS7WP40 | Long             | EC               | CORP              | SE        |     10077 | NS      | $425651.53    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Betsson AB (publ)                                     | Betsson A.B.                                          | CUSIP: W1556V193<br>LEI: 549300W61XW8OFGBG077 | Long             | EC               | CORP              | SE        |     44829 | NS      | $715489.84    | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Saipem SPA                                            | Saipem SpA                                            | CUSIP: T82000257<br>LEI: 549300PHV8MBDHWB8X12 | Long             | EC               | CORP              | IT        |     91597 | NS      | $259225.42    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| TUI AG                                                | TUI A.G.                                              | CUSIP: D8484K455<br>LEI: 529900SL2WSPV293B552 | Long             | EC               | CORP              | DE        |     15404 | NS      | $160940.26    | 0.18%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Intershop Holding AG                                  | Intershop Holding A.G.                                | CUSIP: H42507279<br>LEI: 506700CGX4K77JX3R725 | Long             | EC               | CORP              | CH        |      1584 | NS      | $328225.63    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Hbx Group International PLC                           | HBX Group International plc                           | CUSIP: G13077105<br>LEI: 984500745985CA77CS69 | Long             | EC               | CORP              | ES        |      7284 | NS      | $63999.21     | 0.07%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Medmix Ag                                             | Medmix A.G.                                           | CUSIP: H5316Q102<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |     14465 | NS      | $203458.14    | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Helia Group Ltd.                                      | Helia Group Ltd.                                      | CUSIP: Q3983N155<br>LEI: 529900RUQ2G0JXJOF423 | Long             | EC               | CORP              | AU        |    144048 | NS      | $527918.19    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Kelsian Group Ltd.                                    | Kelsian Group Ltd.                                    | CUSIP: Q52522101<br>LEI: 984500FAK68AD2A97558 | Long             | EC               | CORP              | AU        |     84806 | NS      | $240054.73    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Finnair Oyj                                           | Finnair OYJ                                           | CUSIP: X24877247<br>LEI: 213800SB6EOB8SSK9W63 | Long             | EC               | CORP              | FI        |     67677 | NS      | $248362.43    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Amotiv Limited                                        | Amotiv Ltd.                                           | CUSIP: Q43709171<br>LEI: 254900KHH5GGEGUIZS22 | Long             | EC               | CORP              | AU        |     27272 | NS      | $162623.21    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Douglas AG                                            | Douglas A.G.                                          | CUSIP: D2S0ZD121<br>LEI: 529900RLJJSL6ZU4P947 | Long             | EC               | CORP              | DE        |     10825 | NS      | $158062.91    | 0.18%             |  |  |  | Yes           |                  2 | On Loan: No      |
| IPH Ltd.                                              | IPH Ltd.                                              | CUSIP: Q496B9100<br>LEI: 529900KRTADQ17ANK140 | Long             | EC               | CORP              | AU        |    175509 | NS      | $411239.35    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryoyo Ryosan Holdings Inc.                            | Ryoyo Ryosan Holdings, Inc.                           | CUSIP: J65802100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     20000 | NS      | $396155.13    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| AGL Energy Ltd.                                       | AGL Energy Ltd.                                       | CUSIP: Q01630195<br>LEI: 549300QAZ8A74DEDXO80 | Long             | EC               | CORP              | AU        |     13995 | NS      | $86708.78     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Maynilad Water Services Inc.                          | Maynilad Water Services, Inc.                         | CUSIP: Y590AX109<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |      1698 | NS      | $487.53       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Energy Co.                                | DIVERSIFIED ENERGY CO                                 | CUSIP: 25520W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6783 | NS      | $98323.27     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Kenon Holdings Ltd.                                   | Kenon Holdings Ltd.                                   | CUSIP: Y46717107<br>LEI: 254900N5LVBX92GMVN72 | Long             | EC               | CORP              | SG        |      2293 | NS      | $151076.02    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Computacenter PLC                                     | Computacenter plc                                     | CUSIP: G23356150<br>LEI: 549300XSXUZ1I19DB105 | Long             | EC               | CORP              | GB        |      8378 | NS      | $329293.92    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoist Finance AB                                      | Hoist Finance A.B.                                    | CUSIP: W4R31M102<br>LEI: 549300NPK3FB2BEL4D08 | Long             | EC               | CORP              | SE        |      4551 | NS      | $55483.95     | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Stoneweg Europe Stapled Trust                         | Stoneweg Europe Stapled Trust                         | CUSIP: Y816FX103<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     79007 | NS      | $151116.58    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Per Aarsleff Holding A/S                              | Per Aarsleff Holding A/S                              | CUSIP: K7627X145<br>LEI: 5493008HS8STXVZXYZ63 | Long             | EC               | CORP              | DK        |       812 | NS      | $111250.11    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Galenica AG                                           | Galenica A.G.                                         | CUSIP: H85158113<br>LEI: 506700W4772BD8016Z20 | Long             | EC               | CORP              | CH        |       393 | NS      | $48468.91     | 0.06%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Primary Health Properties PLC                         | Primary Health Properties plc                         | CUSIP: G7240B186<br>LEI: 213800Y5CJHXOATK7X11 | Long             | EC               | CORP              | GB        |    396341 | NS      | $521955.39    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Samty Residential Investment Corp                     | Samty Residential Investment Corporation              | CUSIP: J6779Q108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       317 | NS      | $235652.14    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| TBC Bank Group PLC                                    | TBC Bank Group plc                                    | CUSIP: G8705J102<br>LEI: 213800T6NS9N2WQ3B328 | Long             | EC               | CORP              | GE        |      5627 | NS      | $307531.64    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Econocom Group                                        | Econocom Group S.A.                                   | CUSIP: B33899178<br>LEI: 5493006G5O9JP185PU76 | Long             | EC               | CORP              | BE        |     29440 | NS      | $56998.50     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Westgold Resources Ltd.                               | Westgold Resources Ltd.                               | CUSIP: Q97159232<br>LEI: 2549003AMX9BL7CKBQ74 | Long             | EC               | CORP              | AU        |     45900 | NS      | $194915.47    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Construcciones Y Auxiliar De Ferrocarriles SA         | Construcciones y Auxiliar de Ferrocarriles, S.A.      | CUSIP: E31774156<br>LEI: 95980020140005275134 | Long             | EC               | CORP              | ES        |      4452 | NS      | $307294.81    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Ambea Ab (Publ)                                       | Ambea A.B.                                            | CUSIP: W0R88P139<br>LEI: 549300AEVNZRHYI5HV24 | Long             | EC               | CORP              | SE        |     58794 | NS      | $902345.93    | 1.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Signify NV                                            | Signify N.V.                                          | CUSIP: N8063K107<br>LEI: 549300072P3J1X8NZO35 | Long             | EC               | CORP              | NL        |     12969 | NS      | $318821.78    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Scandinavian Tobacco Group A/s                        | Scandinavian Tobacco Group A/S                        | CUSIP: K8553U105<br>LEI: 5299003KG4JS99TRML67 | Long             | EC               | CORP              | DK        |     19551 | NS      | $293367.78    | 0.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Mirai Corporation                                     | MIRAI Corporation                                     | CUSIP: J4309J108<br>LEI: 353800HQCYM7P10R9D93 | Long             | EC               | CORP              | JP        |       224 | NS      | $71955.71     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BAWAG Group AG                                        | BAWAG Group A.G.                                      | CUSIP: A0997C107<br>LEI: 529900S9YO2JHTIIDG38 | Long             | EC               | CORP              | AT        |      2470 | NS      | $371893.50    | 0.42%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Attendo Ab                                            | Attendo A.B.                                          | CUSIP: W1R94Z285<br>LEI: 549300KEJDL2FNITUW65 | Long             | EC               | CORP              | SE        |     58450 | NS      | $517677.58    | 0.59%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Pirelli & C S.p.A.                                    | Pirelli & C SpA                                       | CUSIP: T76434264<br>LEI: 815600A0C9AFC1F2A709 | Long             | EC               | CORP              | IT        |      7752 | NS      | $52918.71     | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Inghams Group Ltd.                                    | Inghams Group Ltd.                                    | CUSIP: Q4912E100<br>LEI: 529900ZZ4VRHSGVBNE41 | Long             | EC               | CORP              | AU        |     84088 | NS      | $139457.65    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Kh Neochem Co Ltd                                     | KH Neochem Company Ltd.                               | CUSIP: J330C4109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     16800 | NS      | $265794.72    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| DFI Retail Group Holdings Ltd                         | DFI Retail Group Holdings Ltd.                        | CUSIP: G2624N153<br>LEI: 213800NOTG41PZVNNX48 | Long             | EC               | CORP              | HK        |     22500 | NS      | $78075.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellular SA                    | Millicom International Cellular S.A.                  | CUSIP: L6388F110<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |     14222 | NS      | $788467.68    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Ituran                                                | Ituran Location and Control Ltd.                      | CUSIP: M6158M104<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      6500 | NS      | $279565.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

**Name of Applicant:** SBH International Small Cap Fund

**Signature:** Daniel D. Bauer

**Name of Signer:** Daniel D. Bauer

**Title:** Assistant Treasurer