# EDGAR Filing Document

**Accession Number:** 0000878719
**File Stem:** 0002048251-25-000372
**Filing Date:** 2025-9
**Character Count:** 66269
**Document Hash:** 8508e7e6fdaccde0a551e1ec5e3e3295
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-25-000372.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0002048251-25-000372

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADVISORS' INNER CIRCLE FUND
- **CENTRAL INDEX KEY:** 0000878719

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06400
- **FILM NUMBER:** 251348333

**BUSINESS ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19087
- **BUSINESS PHONE:** 8009327781

**MAIL ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19087

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ADVISORS INNER CIRCLE FUND
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### LSV VALUE EQUITY FUND (Series ID: S000006448)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000017646 | Institutional Class Shares | LSVEX           |
| C000142889 | Investor Class Shares      | LVAEX           |

## Nport-Ex

**Schedule of Investments**<br> July 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LSV Value Equity Fund** | **LSV Value Equity Fund** | **LSV Value Equity Fund** |
|  | Shares | Value (000) |
| **Common Stock (98.1%)** | **Common Stock (98.1%)** | **Common Stock (98.1%)** |
| **Communication Services (8.4%)** | **Communication Services (8.4%)** | **Communication Services (8.4%)** |
| &nbsp;&nbsp;&nbsp;Alphabet, Cl A | 74400 | $14277 |
| &nbsp;&nbsp;&nbsp;AT&T | 697500 | 19118 |
| &nbsp;&nbsp;&nbsp;Comcast, Cl A | 593000 | 19705 |
| &nbsp;&nbsp;&nbsp;Fox | 203000 | 11319 |
| &nbsp;&nbsp;&nbsp;Meta Platforms, Cl A | 6000 | 4641 |
| &nbsp;&nbsp;&nbsp;Nexstar Media Group, Cl A | 27100 | 5071 |
| &nbsp;&nbsp;&nbsp;Playtika Holding | 338246 | 1507 |
| &nbsp;&nbsp;&nbsp;Sirius XM Holdings | 193200 | 4080 |
| &nbsp;&nbsp;&nbsp;TEGNA | 206400 | 3447 |
| &nbsp;&nbsp;&nbsp;Verizon Communications | 435600 | 18626 |
|  |  | 101791 |
| **Consumer Discretionary (10.0%)** | **Consumer Discretionary (10.0%)** | **Consumer Discretionary (10.0%)** |
| &nbsp;&nbsp;&nbsp;Academy Sports & Outdoors | 86600 | 4399 |
| &nbsp;&nbsp;&nbsp;ADT | 503400 | 4203 |
| &nbsp;&nbsp;&nbsp;Adtalem Global Education\* | 30900 | 3531 |
| &nbsp;&nbsp;&nbsp;Autoliv | 36100 | 4027 |
| &nbsp;&nbsp;&nbsp;BorgWarner | 203800 | 7500 |
| &nbsp;&nbsp;&nbsp;Dick's Sporting Goods | 20100 | 4251 |
| &nbsp;&nbsp;&nbsp;eBay | 190700 | 17496 |
| &nbsp;&nbsp;&nbsp;Expedia Group | 25100 | 4524 |
| &nbsp;&nbsp;&nbsp;Ford Motor | 476300 | 5273 |
| &nbsp;&nbsp;&nbsp;General Motors | 249500 | 13308 |
| &nbsp;&nbsp;&nbsp;Group 1 Automotive | 8700 | 3586 |
| &nbsp;&nbsp;&nbsp;H&R Block | 110700 | 6016 |
| &nbsp;&nbsp;&nbsp;Harley-Davidson | 188800 | 4594 |
| &nbsp;&nbsp;&nbsp;Macy's | 198700 | 2510 |
| &nbsp;&nbsp;&nbsp;MGM Resorts International\* | 106200 | 3871 |
| &nbsp;&nbsp;&nbsp;PulteGroup | 119800 | 13527 |
| &nbsp;&nbsp;&nbsp;PVH | 57300 | 4207 |
| &nbsp;&nbsp;&nbsp;Tri Pointe Homes\* | 241100 | 7426 |
| &nbsp;&nbsp;&nbsp;Upbound Group, Cl A | 134100 | 2767 |
| &nbsp;&nbsp;&nbsp;Whirlpool | 38300 | 3180 |
|  |  | 120196 |
| **Consumer Staples (8.4%)** | **Consumer Staples (8.4%)** | **Consumer Staples (8.4%)** |
| &nbsp;&nbsp;&nbsp;Albertsons, Cl A | 311100 | 5979 |
| &nbsp;&nbsp;&nbsp;Altria Group | 257000 | 15919 |
| &nbsp;&nbsp;&nbsp;Bunge Global | 86200 | 6875 |
| &nbsp;&nbsp;&nbsp;Campbell Soup | 208200 | 6646 |
| &nbsp;&nbsp;&nbsp;Conagra Brands | 126800 | 2315 |
| &nbsp;&nbsp;&nbsp;Edgewell Personal Care | 130600 | 3295 |
| &nbsp;&nbsp;&nbsp;Energizer Holdings | 166400 | 3747 |
| &nbsp;&nbsp;&nbsp;General Mills | 135100 | 6617 |
| &nbsp;&nbsp;&nbsp;Ingredion | 79200 | 10418 |
| &nbsp;&nbsp;&nbsp;Kraft Heinz | 410800 | 11281 |
| &nbsp;&nbsp;&nbsp;Kroger | 225700 | 15822 |
| &nbsp;&nbsp;&nbsp;Molson Coors Beverage, Cl B | 204300 | 9953 |
| &nbsp;&nbsp;&nbsp;PriceSmart | 34600 | 3720 |
|  |  | 102587 |

---

---

| | | |
|:---|:---|:---|
| **LSV Value Equity Fund** | **LSV Value Equity Fund** | **LSV Value Equity Fund** |
|  | Shares | Value (000) |
| **Energy (5.4%)** | **Energy (5.4%)** | **Energy (5.4%)** |
| &nbsp;&nbsp;&nbsp;APA | 185700 | $3582 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips | 74179 | 7072 |
| &nbsp;&nbsp;&nbsp;EOG Resources | 33370 | 4005 |
| &nbsp;&nbsp;&nbsp;ExxonMobil | 124500 | 13900 |
| &nbsp;&nbsp;&nbsp;Halliburton | 264900 | 5934 |
| &nbsp;&nbsp;&nbsp;HF Sinclair | 112900 | 4961 |
| &nbsp;&nbsp;&nbsp;Marathon Petroleum | 63800 | 10858 |
| &nbsp;&nbsp;&nbsp;Murphy Oil | 135800 | 3369 |
| &nbsp;&nbsp;&nbsp;Phillips 66 | 28600 | 3534 |
| &nbsp;&nbsp;&nbsp;Valero Energy | 57500 | 7895 |
|  |  | 65110 |
| **Financials (22.6%)** | **Financials (22.6%)** | **Financials (22.6%)** |
| &nbsp;&nbsp;&nbsp;Ally Financial | 148800 | 5632 |
| &nbsp;&nbsp;&nbsp;American International Group | 133100 | 10333 |
| &nbsp;&nbsp;&nbsp;Ameriprise Financial | 6200 | 3213 |
| &nbsp;&nbsp;&nbsp;Bank of America | 170000 | 8036 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon | 210100 | 21314 |
| &nbsp;&nbsp;&nbsp;Blue Owl Capital | 276600 | 3950 |
| &nbsp;&nbsp;&nbsp;Citigroup | 300500 | 28157 |
| &nbsp;&nbsp;&nbsp;Citizens Financial Group | 223100 | 10646 |
| &nbsp;&nbsp;&nbsp;CNO Financial Group | 188600 | 6948 |
| &nbsp;&nbsp;&nbsp;Corebridge Financial | 249300 | 8865 |
| &nbsp;&nbsp;&nbsp;Everest Group | 24100 | 8093 |
| &nbsp;&nbsp;&nbsp;First Horizon | 542100 | 11823 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group | 11700 | 8466 |
| &nbsp;&nbsp;&nbsp;Hartford Financial Services Group | 107600 | 13383 |
| &nbsp;&nbsp;&nbsp;Jackson Financial, Cl A | 43300 | 3791 |
| &nbsp;&nbsp;&nbsp;Lincoln National | 102200 | 3895 |
| &nbsp;&nbsp;&nbsp;MetLife | 61800 | 4694 |
| &nbsp;&nbsp;&nbsp;MGIC Investment | 374900 | 9710 |
| &nbsp;&nbsp;&nbsp;Old Republic International | 93000 | 3364 |
| &nbsp;&nbsp;&nbsp;PayPal Holdings\* | 199600 | 13724 |
| &nbsp;&nbsp;&nbsp;Popular | 31000 | 3552 |
| &nbsp;&nbsp;&nbsp;Radian Group | 256700 | 8371 |
| &nbsp;&nbsp;&nbsp;Regions Financial | 336800 | 8531 |
| &nbsp;&nbsp;&nbsp;State Street | 165000 | 18439 |
| &nbsp;&nbsp;&nbsp;Victory Capital Holdings, Cl A | 104700 | 7215 |
| &nbsp;&nbsp;&nbsp;Voya Financial | 65500 | 4585 |
| &nbsp;&nbsp;&nbsp;Wells Fargo | 281600 | 22706 |
| &nbsp;&nbsp;&nbsp;Western Union | 577400 | 4648 |
| &nbsp;&nbsp;&nbsp;Zions Bancorp | 104000 | 5576 |
|  |  | 271660 |
| **Health Care (13.6%)** | **Health Care (13.6%)** | **Health Care (13.6%)** |
| &nbsp;&nbsp;&nbsp;Baxter International | 137100 | 2984 |
| &nbsp;&nbsp;&nbsp;BioMarin Pharmaceutical\* | 52800 | 3054 |
| &nbsp;&nbsp;&nbsp;Bristol-Myers Squibb | 323400 | 14006 |
| &nbsp;&nbsp;&nbsp;Cardinal Health | 23800 | 3694 |
| &nbsp;&nbsp;&nbsp;Centene\* | 186000 | 4849 |
| &nbsp;&nbsp;&nbsp;Cigna Group | 33100 | 8850 |
| &nbsp;&nbsp;&nbsp;CVS Health | 198700 | 12339 |

---

**Schedule of Investments**<br> July 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **LSV Value Equity Fund** | **LSV Value Equity Fund** | **LSV Value Equity Fund** | **LSV Value Equity Fund** |
|  | Shares | Value (000) | Value (000) |
| **Health Care (continued)** | **Health Care (continued)** | **Health Care (continued)** | **Health Care (continued)** |
| &nbsp;&nbsp;&nbsp;DaVita\* | 28300 | $| 3972 |
| &nbsp;&nbsp;&nbsp;Exelixis\* | 165900 |  | 6009 |
| &nbsp;&nbsp;&nbsp;Gilead Sciences | 154300 |  | 17327 |
| &nbsp;&nbsp;&nbsp;HCA Healthcare | 28400 |  | 10053 |
| &nbsp;&nbsp;&nbsp;Incyte\* | 122300 |  | 9159 |
| &nbsp;&nbsp;&nbsp;Jazz Pharmaceuticals\* | 64400 |  | 7382 |
| &nbsp;&nbsp;&nbsp;Johnson & Johnson | 112500 |  | 18533 |
| &nbsp;&nbsp;&nbsp;Merck | 189500 |  | 14804 |
| &nbsp;&nbsp;&nbsp;Organon | 257700 |  | 2500 |
| &nbsp;&nbsp;&nbsp;Pfizer | 418400 |  | 9745 |
| &nbsp;&nbsp;&nbsp;United Therapeutics\* | 31900 |  | 8763 |
| &nbsp;&nbsp;&nbsp;Universal Health Services, Cl B | 29400 |  | 4894 |
| &nbsp;&nbsp;&nbsp;Viatris, Cl W | 367500 |  | 3212 |
| &nbsp;&nbsp;&nbsp;Zimmer Biomet Holdings | 16 |  | 1 |
|  |  |  | 166130 |
| **Industrials (11.3%)** | **Industrials (11.3%)** | **Industrials (11.3%)** | **Industrials (11.3%)** |
| &nbsp;&nbsp;&nbsp;AGCO | 39100 |  | 4613 |
| &nbsp;&nbsp;&nbsp;Allison Transmission Holdings | 121700 |  | 10962 |
| &nbsp;&nbsp;&nbsp;American Airlines Group\* | 123000 |  | 1413 |
| &nbsp;&nbsp;&nbsp;Brink's | 44100 |  | 3852 |
| &nbsp;&nbsp;&nbsp;CNH Industrial | 487600 |  | 6319 |
| &nbsp;&nbsp;&nbsp;CSG Systems International | 90300 |  | 5640 |
| &nbsp;&nbsp;&nbsp;Cummins | 31100 |  | 11432 |
| &nbsp;&nbsp;&nbsp;Delta Air Lines | 104800 |  | 5576 |
| &nbsp;&nbsp;&nbsp;FedEx | 48600 |  | 10862 |
| &nbsp;&nbsp;&nbsp;Huntington Ingalls Industries | 11100 |  | 3095 |
| &nbsp;&nbsp;&nbsp;Lockheed Martin | 28100 |  | 11830 |
| &nbsp;&nbsp;&nbsp;Mueller Industries | 79400 |  | 6778 |
| &nbsp;&nbsp;&nbsp;Oshkosh | 32700 |  | 4138 |
| &nbsp;&nbsp;&nbsp;Owens Corning | 57210 |  | 7977 |
| &nbsp;&nbsp;&nbsp;Ryder System | 73300 |  | 13026 |
| &nbsp;&nbsp;&nbsp;Science Applications International | 38400 |  | 4281 |
| &nbsp;&nbsp;&nbsp;Snap-on | 11000 |  | 3533 |
| &nbsp;&nbsp;&nbsp;Textron | 172910 |  | 13447 |
| &nbsp;&nbsp;&nbsp;United Airlines Holdings\* | 75700 |  | 6686 |
|  |  |  | 135460 |
| **Information Technology (12.9%)** | **Information Technology (12.9%)** | **Information Technology (12.9%)** | **Information Technology (12.9%)** |
| &nbsp;&nbsp;&nbsp;ACM Research, Cl A\* | 52490 |  | 1594 |
| &nbsp;&nbsp;&nbsp;Amdocs | 103000 |  | 8792 |
| &nbsp;&nbsp;&nbsp;Amkor Technology | 170400 |  | 3844 |
| &nbsp;&nbsp;&nbsp;Applied Materials | 24800 |  | 4465 |
| &nbsp;&nbsp;&nbsp;Arrow Electronics\* | 75800 |  | 8792 |
| &nbsp;&nbsp;&nbsp;Cirrus Logic\* | 52600 |  | 5297 |
| &nbsp;&nbsp;&nbsp;Cisco Systems | 282400 |  | 19227 |
| &nbsp;&nbsp;&nbsp;Dell Technologies, Cl C | 108600 |  | 14410 |
| &nbsp;&nbsp;&nbsp;Dropbox, Cl A\* | 260100 |  | 7067 |
| &nbsp;&nbsp;&nbsp;DXC Technology\* | 116400 |  | 1584 |
| &nbsp;&nbsp;&nbsp;Flex\* | 239100 |  | 11924 |
| &nbsp;&nbsp;&nbsp;Gen Digital | 286100 |  | 8437 |

---

---

| | | | |
|:---|:---|:---|:---|
| **LSV Value Equity Fund** | **LSV Value Equity Fund** | **LSV Value Equity Fund** | **LSV Value Equity Fund** |
|  | Shares | Value (000) | Value (000) |
| **Information Technology (continued)** | **Information Technology (continued)** | **Information Technology (continued)** | **Information Technology (continued)** |
| &nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise | 511000 | $| 10573 |
| &nbsp;&nbsp;&nbsp;HP | 464000 |  | 11507 |
| &nbsp;&nbsp;&nbsp;Jabil | 32200 |  | 7186 |
| &nbsp;&nbsp;&nbsp;QUALCOMM | 86800 |  | 12740 |
| &nbsp;&nbsp;&nbsp;Sandisk\* | 25766 |  | 1106 |
| &nbsp;&nbsp;&nbsp;Skyworks Solutions | 47900 |  | 3283 |
| &nbsp;&nbsp;&nbsp;TD SYNNEX | 45070 |  | 6508 |
| &nbsp;&nbsp;&nbsp;Western Digital | 77300 |  | 6083 |
|  |  |  | 154419 |
| **Materials (2.6%)** | **Materials (2.6%)** | **Materials (2.6%)** | **Materials (2.6%)** |
| &nbsp;&nbsp;&nbsp;CF Industries Holdings | 38500 |  | 3574 |
| &nbsp;&nbsp;&nbsp;Graphic Packaging Holding | 173800 |  | 3886 |
| &nbsp;&nbsp;&nbsp;NewMarket | 7300 |  | 5015 |
| &nbsp;&nbsp;&nbsp;Newmont | 141800 |  | 8806 |
| &nbsp;&nbsp;&nbsp;Steel Dynamics | 80900 |  | 10320 |
|  |  |  | 31601 |
| **Real Estate (1.1%)** | **Real Estate (1.1%)** | **Real Estate (1.1%)** | **Real Estate (1.1%)** |
| &nbsp;&nbsp;&nbsp;Highwoods Properties<sup>‡</sup> | 140300 |  | 4070 |
| &nbsp;&nbsp;&nbsp;Host Hotels & Resorts<sup>‡</sup> | 471700 |  | 7415 |
| &nbsp;&nbsp;&nbsp;Piedmont Office Realty Trust, Cl A<sup>‡</sup> | 201400 |  | 1524 |
|  |  |  | 13009 |
| **Utilities (1.8%)** | **Utilities (1.8%)** | **Utilities (1.8%)** | **Utilities (1.8%)** |
| &nbsp;&nbsp;&nbsp;Eversource Energy | 77850 |  | 5146 |
| &nbsp;&nbsp;&nbsp;NRG Energy | 34500 |  | 5768 |
| &nbsp;&nbsp;&nbsp;UGI | 306300 |  | 11082 |
|  |  |  | 21996 |
| **TOTAL COMMON STOCK** | **TOTAL COMMON STOCK** |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $990,595)  | &nbsp;&nbsp;&nbsp;(Cost $990,595)  |  | 1183959 |

---

**Schedule of Investments**<br> July 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LSV Value Equity Fund** | **LSV Value Equity Fund** | **LSV Value Equity Fund** |
|  | Face Amount (000) | Value (000) |
| **Repurchase Agreement (1.6%)** | **Repurchase Agreement (1.6%)** | **Repurchase Agreement (1.6%)** |
| &nbsp;&nbsp;&nbsp;South Street Securities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, dated 07/31/2025, to be repurchased on 08/01/2025, repurchase price $19,804 (collateralized by various U.S. Treasury obligations, ranging in par value $0 - $5,484, 0.625% - 4.625%, 07/31/2026 – 01/31/2032; total market value $20,197) | $19801 | $19801 |
| **TOTAL REPURCHASE AGREEMENT** | **TOTAL REPURCHASE AGREEMENT** |  |
| &nbsp;&nbsp;&nbsp;(Cost $19,801)  | &nbsp;&nbsp;&nbsp;(Cost $19,801)  | 19801 |
| **Total Investments – 99.7%** | **Total Investments – 99.7%** |  |
| &nbsp;&nbsp;&nbsp;(Cost $1,010,396)  | &nbsp;&nbsp;&nbsp;(Cost $1,010,396)  | $1203760 |

---

*Percentages are based on Net Assets of $1,206,652 (000).* 

*\** *Non-income producing security.* <br> *<sup>‡</sup>* *Real Estate Investment Trust.*

*Cl — Class*<br>

*LSV-QH-001-4400*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ADVISORS' INNER CIRCLE FUND

- **b. Investment Company Act file number:** 811-06400

- **c. CIK number of Registrant:** 0000878719

- **d. LEI of Registrant:** 549300LRWL70Z8CGWD77

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

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8774463863

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

- **a. Name of Series:** LSV Value Equity Fund

- **b. EDGAR series identifier (if any):** S000006448

- **c. LEI of Series:** 549300CRMW68A32OZG24

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

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

- **b. Date as of which information is reported:** 2025-07-31

**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:** $1207576405.69

**Total Liabilities:** $923117.69

**Net Assets:** $1206653288.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017646 | 0.26%                | 3.86%                | 4.27%                |
| Class ID C000142889 | 0.26%                | 3.85%                | 4.25%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $18826078.09             | $-17263596.52                              |
| Month 2  | $700760.22               | $41423833.00                               |
| Month 3  | $14383734.22             | $30426013.88                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| META PLATFORMS, INC.                           | META PLATFORMS INC COMMON STOCK               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               |  | US        |      6000 | NS      | $4640640.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| VOYA FINANCIAL, INC.                           | VOYA FINANCIAL INC COMMON STOCK               | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               |  | US        |     65500 | NS      | $4585000.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| RYDER SYSTEM, INC.                             | RYDER SYSTEM INC COMMON STOCK                 | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               |  | US        |     73300 | NS      | $13026143.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| LINCOLN NATIONAL CORPORATION                   | LINCOLN NATIONAL CORP COMMON STOCK            | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               |  | US        |    102200 | NS      | $3894842.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                                  | POPULAR INC COMMON STOCK                      | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               |  | US        |     31000 | NS      | $3551980.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BORGWARNER INC.                                | BORGWARNER INC COMMON STOCK                   | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               |  | US        |    203800 | NS      | $7499840.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| SCIENCE APPLICATIONS INTERNATIONAL CORPORATION | SCIENCE APPLICATIONS INTE COMMON STOCK        | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               |  | US        |     38400 | NS      | $4280832.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIRLINES HOLDINGS, INC.                 | UNITED AIRLINES HOLDINGS INC COMMON STOCK     | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               |  | US        |     75700 | NS      | $6685067.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY             | HEWLETT PACKARD ENTERPRISE COMMON STOCK       | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               |  | US        |    511000 | NS      | $10572590.00  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ORGANON & CO.                                  | ORGANON & CO COMMON STOCK                     | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               |  | US        |    257700 | NS      | $2499690.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                              | EVERSOURCE ENERGY COMMON STOCK                | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               |  | US        |     72850 | NS      | $4815385.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                                | BUNGE GLOBAL SA COMMON STOCK                  | CUSIP: H11356104<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               |  | US        |     86200 | NS      | $6875312.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TRI POINTE HOMES, INC.                         | TRI POINTE HOMES INC COMMON STOCK             | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               |  | US        |    241100 | NS      | $7425880.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Piedmont Realty Trust, Inc.                    | PIEDMONT REALTY TRUST INC REIT                | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               |  | US        |    201400 | NS      | $1522584.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SNAP-ON INCORPORATED                           | SNAP-ON INC COMMON STOCK                      | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               |  | US        |     11000 | NS      | $3533090.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORPORATION                            | NEWMONT CORP COMMON STOCK                     | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               |  | US        |    141800 | NS      | $8805780.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPEDIA GROUP, INC.                            | EXPEDIA GROUP INC COMMON STOCK                | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               |  | US        |     25100 | NS      | $4523522.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ARROW ELECTRONICS, INC.                        | ARROW ELECTRONICS INC COMMON STOCK            | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               |  | US        |     75800 | NS      | $8792800.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                                    | PHILLIPS 66 COMMON STOCK                      | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               |  | US        |     28600 | NS      | $3534388.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN AIRLINES GROUP INC.                   | AMERICAN AIRLINES GROUP INC COMMON STOCK      | CUSIP: 02376R102<br>LEI: N/A                  | Long             | EC               |  | US        |    123000 | NS      | $1413270.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation        | BANK OF NEW YORK MELLON CORP COMMON STOCK     | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               |  | US        |    210100 | NS      | $21314645.00  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| THE WESTERN UNION COMPANY                      | WESTERN UNION CO COMMON STOCK                 | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               |  | US        |    577400 | NS      | $4648070.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                  | ALPHABET INC-CL A COMMON STOCK                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |     74400 | NS      | $14277360.00  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group, Ltd.                            | EVEREST GROUP LTD COMMON STOCK                | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               |  | US        |     24100 | NS      | $8092780.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                            | COMCAST CORP-CLASS A COMMON STOCK             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               |  | US        |    593000 | NS      | $19705390.00  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CAMPBELL'S COMPANY                         | THE CAMPBELL'S COMPANY COMMON STOCK           | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               |  | US        |    208200 | NS      | $6645744.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE, INC.                                  | METLIFE INC COMMON STOCK                      | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               |  | US        |     61800 | NS      | $4693710.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                 | CITIZENS FINANCIAL GROUP COMMON STOCK         | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               |  | US        |    223100 | NS      | $10646332.00  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| FLEX LTD.                                      | FLEX LTD COMMON STOCK                         | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               |  | US        |    239100 | NS      | $11923917.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY, INC.                               | NRG ENERGY INC COMMON STOCK                   | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               |  | US        |     34500 | NS      | $5768400.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORPORATION                      | VALERO ENERGY CORP COMMON STOCK               | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               |  | US        |     57500 | NS      | $7895325.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                    | PFIZER INC COMMON STOCK                       | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               |  | US        |    418400 | NS      | $9744536.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| JACKSON FINANCIAL INC.                         | JACKSON FINANCIAL INC-A COMMON STOCK          | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               |  | US        |     43300 | NS      | $3791348.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH, INC.                          | CARDINAL HEALTH INC COMMON STOCK              | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               |  | US        |     23800 | NS      | $3694236.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CIGNA GROUP                                | THE CIGNA GROUP COMMON STOCK                  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               |  | US        |     33100 | NS      | $8850278.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                         | CVS HEALTH CORP COMMON STOCK                  | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               |  | US        |    198700 | NS      | $12339270.00  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HIGHWOODS PROPERTIES, INC.                     | HIGHWOODS PROPERTIES INC REIT                 | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               |  | US        |    140300 | NS      | $4070103.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAPHIC PACKAGING HOLDING COMPANY              | GRAPHIC PACKAGING HOLDING CO COMMON STOCK     | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               |  | US        |    173800 | NS      | $3886168.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DAVITA INC.                                    | DAVITA INC COMMON STOCK                       | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               |  | US        |     28300 | NS      | $3972471.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings, Inc.                       | ENERGIZER HOLDINGS INC COMMON STOCK           | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               |  | US        |    166400 | NS      | $3747328.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Limited                                 | AMDOCS LTD COMMON STOCK                       | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               |  | US        |    103000 | NS      | $8792080.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| DICK'S SPORTING GOODS, INC.                    | DICK'S SPORTING GOODS INC COMMON STOCK        | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               |  | US        |     20100 | NS      | $4251351.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLSON COORS BEVERAGE COMPANY                  | MOLSON COORS BEVERAGE CO - B COMMON STOCK     | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               |  | US        |    204300 | NS      | $9953496.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| GROUP 1 AUTOMOTIVE, INC.                       | GROUP 1 AUTOMOTIVE INC COMMON STOCK           | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               |  | US        |      8700 | NS      | $3585705.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                    | VERIZON COMMUNICATIONS INC COMMON STOCK       | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               |  | US        |    435600 | NS      | $18626256.00  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                                 | CONOCOPHILLIPS COMMON STOCK                   | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               |  | US        |     74179 | NS      | $7072225.86   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                    | LOCKHEED MARTIN CORP COMMON STOCK             | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               |  | US        |     28100 | NS      | $11829538.00  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG SYSTEMS INTERNATIONAL, INC.                | CSG SYSTEMS INTL INC COMMON STOCK             | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               |  | US        |     90300 | NS      | $5640138.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                  | GOLDMAN SACHS GROUP INC COMMON STOCK          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               |  | US        |     11700 | NS      | $8466003.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HOLDINGS, INC.            | ALLISON TRANSMISSION HOLDING COMMON STOCK     | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               |  | US        |    121700 | NS      | $10961519.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP, INC.             | AMERICAN INTERNATIONAL GROUP COMMON STOCK     | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               |  | US        |    133100 | NS      | $10332553.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION                  | REGIONS FINANCIAL CORP COMMON STOCK           | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               |  | US        |    336800 | NS      | $8531144.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| DROPBOX, INC.                                  | DROPBOX INC-CLASS A COMMON STOCK              | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               |  | US        |    259500 | NS      | $7050615.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINANCIAL INC.                            | ALLY FINANCIAL INC COMMON STOCK               | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               |  | US        |    148800 | NS      | $5632080.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO FINANCIAL GROUP, INC.                      | CNO FINANCIAL GROUP INC COMMON STOCK          | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               |  | US        |    188600 | NS      | $6948024.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTENE CORPORATION                            | CENTENE CORP COMMON STOCK                     | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               |  | US        |    186000 | NS      | $4849020.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HOLDINGS, INC.                          | PAYPAL HOLDINGS INC COMMON STOCK              | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               |  | US        |    199600 | NS      | $13724496.00  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                            | EOG RESOURCES INC COMMON STOCK                | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               |  | US        |     33370 | NS      | $4005067.40   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| VICTORY CAPITAL HOLDINGS, INC.                 | VICTORY CAPITAL HOLDING - A COMMON STOCK      | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               |  | US        |    104700 | NS      | $7214877.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| INCYTE CORPORATION                             | INCYTE CORP COMMON STOCK                      | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               |  | US        |    122300 | NS      | $9159047.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC.                                   | CUMMINS INC COMMON STOCK                      | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               |  | US        |     31100 | NS      | $11432982.00  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC.                                   | VIATRIS INC COMMON STOCK                      | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               |  | US        |    367500 | NS      | $3211950.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST HORIZON CORPORATION                      | FIRST HORIZON CORP COMMON STOCK               | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               |  | US        |    542100 | NS      | $11823201.00  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                             | ALTRIA GROUP INC COMMON STOCK                 | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               |  | US        |    257000 | NS      | $15918580.00  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| WHIRLPOOL CORPORATION                          | WHIRLPOOL CORP COMMON STOCK                   | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               |  | US        |     38300 | NS      | $3180432.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CONAGRA BRANDS, INC.                           | CONAGRA BRANDS INC COMMON STOCK               | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               |  | US        |    126800 | NS      | $2315368.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXSTAR MEDIA GROUP, INC.                      | Nexstar Media Group Inc COMMON STOCK          | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               |  | US        |     27100 | NS      | $5070681.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HARTFORD INSURANCE GROUP, INC.             | HARTFORD INSURANCE GROUP INC/THE COMMON STOCK | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               |  | US        |    107600 | NS      | $13384364.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA HEALTHCARE, INC.                           | HCA HEALTHCARE INC COMMON STOCK               | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               |  | US        |     28400 | NS      | $10053316.00  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AMKOR TECHNOLOGY, INC.                         | AMKOR TECHNOLOGY INC COMMON STOCK             | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               |  | US        |    170400 | NS      | $3844224.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC TECHNOLOGY COMPANY                         | DXC TECHNOLOGY CO COMMON STOCK                | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               |  | US        |    116400 | NS      | $1584204.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO CORPORATION                               | AGCO CORP COMMON STOCK                        | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               |  | US        |     39100 | NS      | $4612627.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KRAFT HEINZ COMPANY                        | KRAFT HEINZ CO/THE COMMON STOCK               | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               |  | US        |    410800 | NS      | $11280568.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| UPBOUND GROUP, INC.                            | UPBOUND GROUP INC COMMON STOCK                | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               |  | US        |    134100 | NS      | $2767153.50   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MILLS, INC.                            | GENERAL MILLS INC COMMON STOCK                | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               |  | US        |    135100 | NS      | $6617198.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION     | ZIONS BANCORP NA COMMON STOCK                 | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               |  | US        |    104000 | NS      | $5576480.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                    | WESTERN DIGITAL CORP COMMON STOCK             | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               |  | US        |     77300 | NS      | $6082737.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL TECHNOLOGIES INC.                         | DELL TECHNOLOGIES -C COMMON STOCK             | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               |  | US        |    108600 | NS      | $14410134.00  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRRUS LOGIC, INC.                             | CIRRUS LOGIC INC COMMON STOCK                 | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               |  | US        |     52600 | NS      | $5297346.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                          | QUALCOMM INC COMMON STOCK                     | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               |  | US        |     86800 | NS      | $12738768.00  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                        | EXXON MOBIL CORP COMMON STOCK                 | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               |  | US        |    124500 | NS      | $13899180.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| PRICESMART, INC.                               | PRICESMART INC COMMON STOCK                   | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               |  | US        |     34600 | NS      | $3719500.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELIXIS, INC.                                 | EXELIXIS INC COMMON STOCK                     | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               |  | US        |    165900 | NS      | $6008898.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AFLAC INCORPORATED                             | AFLAC INC COMMON STOCK                        | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               |  | US        |       936 | NS      | $93000.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOLIV, INC.                                  | AUTOLIV INC COMMON STOCK                      | CUSIP: 052800109<br>LEI: A23RUXWKASG834LTMK28 | Long             | EC               |  | US        |     36100 | NS      | $4026955.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                                 | CITIGROUP INC COMMON STOCK                    | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               |  | US        |    300500 | NS      | $28156850.00  | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC.                                      | AT&T INC COMMON STOCK                         | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               |  | US        |    697500 | NS      | $19118475.00  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| HALLIBURTON COMPANY                            | HALLIBURTON CO COMMON STOCK                   | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               |  | US        |    264900 | NS      | $5933760.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS, INC.                   | ZIMMER BIOMET HOLDINGS INC COMMON STOCK       | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               |  | US        |        16 | NS      | $1466.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY                             | FORD MOTOR CO COMMON STOCK                    | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               |  | US        |    476300 | NS      | $5272641.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA INC.                                     | TEGNA INC COMMON STOCK                        | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               |  | US        |    206400 | NS      | $3446880.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBERTSONS COMPANIES, INC.                     | ALBERTSONS COS INC - CLASS A COMMON STOCK     | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               |  | US        |    311100 | NS      | $5979342.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| HP INC.                                        | HP INC COMMON STOCK                           | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               |  | US        |    464000 | NS      | $11507200.00  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORPORATION                       | STATE STREET CORP COMMON STOCK                | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               |  | US        |    165000 | NS      | $18438750.00  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL INC.                   | BIOMARIN PHARMACEUTICAL INC COMMON STOCK      | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               |  | US        |     52800 | NS      | $3054480.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CF INDUSTRIES HOLDINGS, INC.                   | CF INDUSTRIES HOLDINGS INC COMMON STOCK       | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               |  | US        |     38500 | NS      | $3573955.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS COMPANY                         | GENERAL MOTORS CO COMMON STOCK                | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               |  | US        |    249500 | NS      | $13308330.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDISK CORPORATION                            | SANDISK CORP COMMON STOCK                     | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               |  | US        |     25766 | NS      | $1105876.72   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MUELLER INDUSTRIES, INC.                       | MUELLER INDUSTRIES INC COMMON STOCK           | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               |  | US        |     79400 | NS      | $6778378.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL DYNAMICS, INC.                           | STEEL DYNAMICS INC COMMON STOCK               | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               |  | US        |     80900 | NS      | $10319604.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ADT INC.                                       | ADT INC COMMON STOCK                          | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               |  | US        |    503400 | NS      | $4203390.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                          | GILEAD SCIENCES INC COMMON STOCK              | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |    154300 | NS      | $17326347.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXTRON INC.                                   | TEXTRON INC COMMON STOCK                      | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               |  | US        |    172910 | NS      | $13447210.70  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| JABIL INC.                                     | JABIL INC COMMON STOCK                        | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               |  | US        |     32200 | NS      | $7186074.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| THE BRINK'S COMPANY                            | BRINK'S CO/THE COMMON STOCK                   | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               |  | US        |     44100 | NS      | $3851694.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PLAYTIKA HOLDING CORP.                         | PLAYTIKA HOLDING CORP COMMON STOCK            | CUSIP: 72815L107<br>LEI: 254900E35Z4TKA4UFG64 | Long             | EC               |  | US        |    338246 | NS      | $1506885.93   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE OWL CAPITAL CORPORATION                   | BLUE OWL CAPITAL CORP COMMON STOCK            | CUSIP: 69121K104<br>LEI: 2549000BD79OOCPF2L94 | Long             | EC               |  | US        |    276600 | NS      | $3949848.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewell Personal Care Company                 | EDGEWELL PERSONAL CARE CO COMMON STOCK        | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               |  | US        |    130600 | NS      | $3295038.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                          | WELLS FARGO & CO COMMON STOCK                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               |  | US        |    281600 | NS      | $22705408.00  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM RESORTS INTERNATIONAL                      | MGM RESORTS INTERNATIONAL COMMON STOCK        | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               |  | US        |    106200 | NS      | $3870990.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWORKS SOLUTIONS, INC.                       | SKYWORKS SOLUTIONS INC COMMON STOCK           | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               |  | US        |     47900 | NS      | $3283066.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX CORPORATION                          | TD SYNNEX CORP COMMON STOCK                   | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               |  | US        |     45070 | NS      | $6507657.30   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS, INC.                        | APPLIED MATERIALS INC COMMON STOCK            | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               |  | US        |     24800 | NS      | $4465488.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIPRISE FINANCIAL, INC.                     | AMERIPRISE FINANCIAL INC COMMON STOCK         | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               |  | US        |      6200 | NS      | $3212778.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORPORATION                 | MARATHON PETROLEUM CORP COMMON STOCK          | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               |  | US        |     63800 | NS      | $10858122.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                                | FOX CORP - CLASS A COMMON STOCK               | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               |  | US        |    203000 | NS      | $11319280.00  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| PULTEGROUP, INC.                               | PULTEGROUP INC COMMON STOCK                   | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               |  | US        |    119800 | NS      | $13527816.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA AIR LINES, INC.                          | DELTA AIR LINES INC COMMON STOCK              | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               |  | US        |    104800 | NS      | $5576408.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI CORPORATION                                | UGI CORP COMMON STOCK                         | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               |  | US        |    306300 | NS      | $11081934.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD REPUBLIC INTERNATIONAL CORPORATION         | OLD REPUBLIC INTL CORP COMMON STOCK           | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               |  | US        |     93000 | NS      | $3363810.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORPORATION                              | FEDEX CORP COMMON STOCK                       | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               |  | US        |     48600 | NS      | $10861614.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                            | LSV TRI-PARTY REPO MORGAN STANLEY             | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               |  | US        |  19801414 | PA      | $19801414.46  | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS, INC.                            | CISCO SYSTEMS INC COMMON STOCK                | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               |  | US        |    282400 | NS      | $19225792.00  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL HEALTH SERVICES, INC.                | UNIVERSAL HEALTH SERVICES-B COMMON STOCK      | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               |  | US        |     29400 | NS      | $4893630.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED THERAPEUTICS CORPORATION                | UNITED THERAPEUTICS CORP COMMON STOCK         | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               |  | US        |     31900 | NS      | $8762930.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY OIL CORPORATION                         | MURPHY OIL CORP COMMON STOCK                  | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               |  | US        |    135800 | NS      | $3369198.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON INGALLS INDUSTRIES, INC.            | HUNTINGTON INGALLS INDUSTRIE COMMON STOCK     | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               |  | US        |     11100 | NS      | $3095346.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| EBAY INC.                                      | EBAY INC COMMON STOCK                         | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               |  | US        |    190700 | NS      | $17496725.00  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC INVESTMENT CORPORATION                    | MGIC INVESTMENT CORP COMMON STOCK             | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               |  | US        |    374900 | NS      | $9709910.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corporation                          | NEWMARKET CORP COMMON STOCK                   | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               |  | US        |      7300 | NS      | $5015100.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MACY'S, INC.                                   | MACY'S INC COMMON STOCK                       | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               |  | US        |    198700 | NS      | $2509581.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| INGREDION INCORPORATED                         | INGREDION INC COMMON STOCK                    | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               |  | US        |     79200 | NS      | $10417968.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| HOST HOTELS & RESORTS, INC.                    | HOST HOTELS & RESORTS INC REIT                | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               |  | US        |    471700 | NS      | $7415124.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| H & R BLOCK, INC.                              | H&R BLOCK INC COMMON STOCK                    | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               |  | US        |    110700 | NS      | $6015438.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial N.V.                            | CNH INDUSTRIAL NV COMMON STOCK                | CUSIP: N20944109<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               |  | US        |    487600 | NS      | $6319296.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BAXTER INTERNATIONAL INC.                      | BAXTER INTERNATIONAL INC COMMON STOCK         | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               |  | US        |    137100 | NS      | $2983296.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ACM Research Inc                               | ACM RESEARCH INC-CLASS A COMMON STOCK         | CUSIP: 00108J109<br>LEI: 549300MCTENUWL2GJL61 | Long             | EC               |  | US        |     46590 | NS      | $1414472.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH CORP.                                      | PVH CORP COMMON STOCK                         | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               |  | US        |     57300 | NS      | $4206966.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                        | BRISTOL-MYERS SQUIBB CO COMMON STOCK          | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               |  | US        |    323400 | NS      | $14006454.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                              | MERCK & CO. INC. COMMON STOCK                 | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               |  | US        |    189500 | NS      | $14803740.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SIRIUS XM HOLDINGS INC.                        | SIRIUS XM HOLDINGS INC COMMON STOCK           | CUSIP: 829933100<br>LEI: N/A                  | Long             | EC               |  | US        |    193200 | NS      | $4080384.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                    | BANK OF AMERICA CORP COMMON STOCK             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               |  | US        |    170000 | NS      | $8035900.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| GEN DIGITAL INC.                               | GEN DIGITAL INC COMMON STOCK                  | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               |  | US        |    286100 | NS      | $8437089.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| OWENS CORNING                                  | OWENS CORNING COMMON STOCK                    | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               |  | US        |     57210 | NS      | $7976790.30   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIAN GROUP INC.                              | RADIAN GROUP INC COMMON STOCK                 | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               |  | US        |    256700 | NS      | $8370987.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTALEM GLOBAL EDUCATION INC.                  | ADTALEM GLOBAL EDUCATION INC COMMON STOCK     | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               |  | US        |     30900 | NS      | $3530943.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADEMY SPORTS AND OUTDOORS, INC.              | ACADEMY SPORTS & OUTDOORS IN COMMON STOCK     | CUSIP: 00402L107<br>LEI: N/A                  | Long             | EC               |  | US        |     86600 | NS      | $4398414.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| HF SINCLAIR CORPORATION                        | HF SINCLAIR CORP COMMON STOCK                 | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               |  | US        |    112900 | NS      | $4960826.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| OSHKOSH CORPORATION                            | OSHKOSH CORP COMMON STOCK                     | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               |  | US        |     32700 | NS      | $4137531.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| HARLEY-DAVIDSON, INC.                          | HARLEY-DAVIDSON INC COMMON STOCK              | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               |  | US        |    188800 | NS      | $4593504.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY    | JAZZ PHARMACEUTICALS PLC COMMON STOCK         | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               |  | US        |     64400 | NS      | $7382172.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| COREBRIDGE FINANCIAL, INC.                     | COREBRIDGE FINANCIAL INC COMMON STOCK         | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               |  | US        |    249300 | NS      | $8865108.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                              | JOHNSON & JOHNSON COMMON STOCK                | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               |  | US        |    112500 | NS      | $18533250.00  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KROGER CO.                                 | KROGER CO COMMON STOCK                        | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               |  | US        |    225700 | NS      | $15821570.00  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| APA CORPORATION                                | APA CORP COMMON STOCK                         | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               |  | US        |    185700 | NS      | $3582153.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

**Name of Applicant:** THE ADVISORS' INNER CIRCLE FUND

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

**Title:** Treasurer, Controller and Chief Financial Officer