# EDGAR Filing Document

**Accession Number:** 0001050470
**File Stem:** 0001050470-25-000017
**Filing Date:** 2025-11
**Character Count:** 92965
**Document Hash:** 7f1cb02dac8dac62335561a6fa863d52
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001050470-25-000017.hdr.sgml**: 20251106

**ACCESSION NUMBER**: 0001050470-25-000017

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251106

**DATE AS OF CHANGE**: 20251106

**EFFECTIVENESS DATE**: 20251106

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LSV ASSET MANAGEMENT
- **CENTRAL INDEX KEY:** 0001050470

**ORGANIZATION NAME:**
- **EIN:** 232772200
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06580
- **FILM NUMBER:** 251457280

**BUSINESS ADDRESS:**
- **STREET 1:** 155 NORTH WACKER DRIVE
- **STREET 2:** SUITE 4600
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-460-2443

**MAIL ADDRESS:**
- **STREET 1:** 155 NORTH WACKER DRIVE
- **STREET 2:** SUITE 4600
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

### FORM 13F COVER PAGE

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

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** LSV ASSET MANAGEMENT<br>**Address:** 155 NORTH WACKER DRIVE<br>SUITE 4600<br>CHICAGO, IL 60606

**Form 13F File Number:** 028-06580

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Kevin Phelan<br>**Title:** Chief Operating Officer<br>**Phone:** 312-460-2443

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

Kevin Phelan  Chicago, IL  11-06-2025<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 894

**Form 13F Information Table Value Total:** $45286500

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Xperi Inc | COM | 98423J101 |  | 384 | 59200 | SH |  | SOLE | 0 | 49400 | 0 | 9800 |
| WESCO International Inc | COM | 95082P105 |  | 29597 | 139940 | SH |  | SOLE | 0 | 79840 | 0 | 60100 |
| Village Super Market Inc | COM | 927107409 |  | 3925 | 105071 | SH |  | SOLE | 0 | 77371 | 0 | 27700 |
| Upwork Inc | COM | 91688F104 |  | 120953 | 6513375 | SH |  | SOLE | 0 | 4509811 | 0 | 2003564 |
| UiPath Inc | COM | 90364P105 |  | 447 | 33400 | SH |  | SOLE | 0 | 33400 | 0 | 0 |
| TotalEnergies SE | COM | 89151E109 |  | 1582 | 26500 | SH |  | SOLE | 0 | 4500 | 0 | 22000 |
| Teleflex Inc | COM | 879369106 |  | 991 | 8100 | SH |  | SOLE | 0 | 8100 | 0 | 0 |
| Supernus Pharmaceuticals Inc | COM | 868459108 |  | 292 | 6100 | SH |  | SOLE | 0 | 6100 | 0 | 0 |
| Softbrands Inc ACQUIRED | COM | 83402A990 |  | 0 | 40 | SH |  | SOLE | 0 | 40 | 0 | 0 |
| Shore Bancshares Inc | COM | 825107105 |  | 1952 | 118971 | SH |  | SOLE | 0 | 88727 | 0 | 30244 |
| Safe Bulkers Inc | COM | Y7388L103 |  | 8950 | 2015790 | SH |  | SOLE | 0 | 1231990 | 0 | 783800 |
| Reliance Inc | COM | 759509102 |  | 1095 | 3900 | SH |  | SOLE | 0 | 3900 | 0 | 0 |
| Quad/Graphics Inc | COM | 747301109 |  | 8447 | 1349314 | SH |  | SOLE | 0 | 759114 | 0 | 590200 |
| PriceSmart Inc | COM | 741511109 |  | 14847 | 122510 | SH |  | SOLE | 0 | 59560 | 0 | 62950 |
| Phillips 66 | COM | 718546104 |  | 114900 | 844728 | SH |  | SOLE | 0 | 610178 | 0 | 234550 |
| PayPal Holdings Inc | COM | 70450Y103 |  | 251627 | 3752260 | SH |  | SOLE | 0 | 2423210 | 0 | 1329050 |
| Oracle Corp | COM | 68389X105 |  | 12421 | 44164 | SH |  | SOLE | 0 | 32264 | 0 | 11900 |
| Oaktree Specialty Lending Corp | COM | 67401P405 |  | 1941 | 148766 | SH |  | SOLE | 0 | 59466 | 0 | 89300 |
| Nexstar Media Group Inc | COM | 65336K103 |  | 228893 | 1157545 | SH |  | SOLE | 0 | 765750 | 0 | 391795 |
| Mueller Industries Inc | COM | 624756102 |  | 191071 | 1889730 | SH |  | SOLE | 0 | 1329980 | 0 | 559750 |
| Midland States Bancorp Inc | COM | 597742105 |  | 5606 | 327089 | SH |  | SOLE | 0 | 177710 | 0 | 149379 |
| Medallion Financial Corp | COM | 583928106 |  | 562 | 55600 | SH |  | SOLE | 0 | 42400 | 0 | 13200 |
| LyondellBasell Industries NV | COM | N53745100 |  | 12638 | 257700 | SH |  | SOLE | 0 | 154800 | 0 | 102900 |
| Lear Corp | COM | 521865204 |  | 68508 | 680931 | SH |  | SOLE | 0 | 384863 | 0 | 296068 |
| KeyCorp | COM | 493267108 |  | 1684 | 90100 | SH |  | SOLE | 0 | 0 | 0 | 90100 |
| Jack in the Box Inc | COM | 466367109 |  | 14823 | 749796 | SH |  | SOLE | 0 | 415552 | 0 | 334244 |
| Inmode Ltd | COM | M5425M103 |  | 2600 | 174509 | SH |  | SOLE | 0 | 64400 | 0 | 110109 |
| Horizon Bancorp Inc/IN | COM | 440407104 |  | 10736 | 670553 | SH |  | SOLE | 0 | 467653 | 0 | 202900 |
| HCA Healthcare Inc | COM | 40412C101 |  | 359552 | 843623 | SH |  | SOLE | 0 | 557103 | 0 | 286520 |
| H Block Inc | COM | 093671105 |  | 74770 | 1478551 | SH |  | SOLE | 0 | 864061 | 0 | 614490 |
| Goldman Sachs BDC Inc | COM | 38147U107 |  | 72 | 7100 | SH |  | SOLE | 0 | 7100 | 0 | 0 |
| Gen Digital Inc | COM | 668771108 |  | 242579 | 8544516 | SH |  | SOLE | 0 | 5227090 | 0 | 3317426 |
| FNB Corp/PA | COM | 302520101 |  | 29193 | 1812100 | SH |  | SOLE | 0 | 1273000 | 0 | 539100 |
| Financial Institutions Inc | COM | 317585404 |  | 4556 | 167500 | SH |  | SOLE | 0 | 71000 | 0 | 96500 |
| Everest Group Ltd | COM | G3223R108 |  | 135791 | 387720 | SH |  | SOLE | 0 | 259000 | 0 | 128720 |
| Employers Holdings Inc | COM | 292218104 |  | 41720 | 982113 | SH |  | SOLE | 0 | 500963 | 0 | 481150 |
| DR Horton Inc | COM | 23331A109 |  | 610 | 3600 | SH |  | SOLE | 0 | 3600 | 0 | 0 |
| DHT Holdings Inc | COM | Y2065G121 |  | 11283 | 944204 | SH |  | SOLE | 0 | 698104 | 0 | 246100 |
| Crocs Inc | COM | 227046109 |  | 92532 | 1107500 | SH |  | SOLE | 0 | 665900 | 0 | 441600 |
| ConnectOne Bancorp Inc | COM | 20786W107 |  | 747 | 30100 | SH |  | SOLE | 0 | 30100 | 0 | 0 |
| CNX Resources Corp | COM | 12653C108 |  | 20316 | 632500 | SH |  | SOLE | 0 | 367300 | 0 | 265200 |
| Cimpress PLC | COM | G2143T103 |  | 88 | 1400 | SH |  | SOLE | 0 | 1400 | 0 | 0 |
| CBL  Associates Properties Inc | COM | 124830878 |  | 2086 | 68200 | SH |  | SOLE | 0 | 62100 | 0 | 6100 |
| Campbell's Company/The | COM | 134429109 |  | 121510 | 3847700 | SH |  | SOLE | 0 | 2444400 | 0 | 1403300 |
| Build-A-Bear Workshop Inc | COM | 120076104 |  | 10081 | 154600 | SH |  | SOLE | 0 | 60300 | 0 | 94300 |
| Blue Owl Capital Corp | COM | 69121K104 |  | 41364 | 3239147 | SH |  | SOLE | 0 | 2390647 | 0 | 848500 |
| BayCom Corp | COM | 07272M107 |  | 2484 | 86411 | SH |  | SOLE | 0 | 50311 | 0 | 36100 |
| Axis Capital Holdings Ltd | COM | G0692U109 |  | 64464 | 672900 | SH |  | SOLE | 0 | 398200 | 0 | 274700 |
| Archer-Daniels-Midland Co | COM | 039483102 |  | 124745 | 2088127 | SH |  | SOLE | 0 | 1142977 | 0 | 945150 |
| Amkor Technology Inc | COM | 031652100 |  | 113071 | 3981356 | SH |  | SOLE | 0 | 2466870 | 0 | 1514486 |
| Alpine Income Property Trust Inc | COM | 02083X103 |  | 633 | 44700 | SH |  | SOLE | 0 | 31900 | 0 | 12800 |
| AdvanSix Inc | COM | 00773T101 |  | 12068 | 622706 | SH |  | SOLE | 0 | 331200 | 0 | 291506 |
| 3M Co | COM | 88579Y101 |  | 481 | 3100 | SH |  | SOLE | 0 | 3100 | 0 | 0 |
| Xenia Hotels  Resorts Inc | COM | 984017103 |  | 7333 | 534500 | SH |  | SOLE | 0 | 509000 | 0 | 25500 |
| Wells Fargo  Co | COM | 949746101 |  | 546536 | 6520348 | SH |  | SOLE | 0 | 4564648 | 0 | 1955700 |
| Viatris Inc | COM | 92556V106 |  | 74324 | 7507520 | SH |  | SOLE | 0 | 5585995 | 0 | 1921525 |
| Univest Financial Corp | COM | 915271100 |  | 447 | 14900 | SH |  | SOLE | 0 | 10700 | 0 | 4200 |
| Twilio Inc | COM | 90138F102 |  | 2105 | 21035 | SH |  | SOLE | 0 | 21035 | 0 | 0 |
| Toll Brothers Inc | COM | 889478103 |  | 123537 | 894289 | SH |  | SOLE | 0 | 545780 | 0 | 348509 |
| TechnipFMC PLC | COM | G87110105 |  | 5184 | 131400 | SH |  | SOLE | 0 | 131400 | 0 | 0 |
| Sun Country Airlines Holdings Inc | COM | 866683105 |  | 13702 | 1160178 | SH |  | SOLE | 0 | 672878 | 0 | 487300 |
| SLM Corp | COM | 78442P106 |  | 25111 | 907200 | SH |  | SOLE | 0 | 359600 | 0 | 547600 |
| Shinhan Financial Group Co Ltd | COM | 824596100 |  | 494 | 9800 | SH |  | SOLE | 0 | 9800 | 0 | 0 |
| Ryerson Holding Corp | COM | 783754104 |  | 3035 | 132770 | SH |  | SOLE | 0 | 111770 | 0 | 21000 |
| Regional Management Corp | COM | 75902K106 |  | 12257 | 314600 | SH |  | SOLE | 0 | 237600 | 0 | 77000 |
| Puma Biotechnology Inc | COM | 74587V107 |  | 2973 | 559921 | SH |  | SOLE | 0 | 261021 | 0 | 298900 |
| Preformed Line Products Co | COM | 740444104 |  | 333 | 1700 | SH |  | SOLE | 0 | 1700 | 0 | 0 |
| Pfizer Inc | COM | 717081103 |  | 431207 | 16923337 | SH |  | SOLE | 0 | 10359237 | 0 | 6564100 |
| Park-Ohio Holdings Corp | COM | 700666100 |  | 3050 | 143612 | SH |  | SOLE | 0 | 47561 | 0 | 96051 |
| OP Bancorp | COM | 67109R109 |  | 983 | 70600 | SH |  | SOLE | 0 | 57400 | 0 | 13200 |
| NWPX Infrastructure Inc | COM | 667746101 |  | 3673 | 69400 | SH |  | SOLE | 0 | 57100 | 0 | 12300 |
| NewMarket Corp | COM | 651587107 |  | 222318 | 268432 | SH |  | SOLE | 0 | 145914 | 0 | 122518 |
| MR COOPER GROUP INC | COM | 62482R107 |  | 36003 | 170799 | SH |  | SOLE | 0 | 96379 | 0 | 74420 |
| Microsoft Corp | COM | 594918104 |  | 22421 | 43287 | SH |  | SOLE | 0 | 43287 | 0 | 0 |
| Maximus Inc | COM | 577933104 |  | 11028 | 120700 | SH |  | SOLE | 0 | 17700 | 0 | 103000 |
| LUKOIL PJSC | COM | 69343P105 |  | 0 | 1158108 | SH |  | SOLE | 0 | 947596 | 0 | 210512 |
| Ladder Capital Corp | COM | 505743104 |  | 6277 | 575300 | SH |  | SOLE | 0 | 164300 | 0 | 411000 |
| KB Home | COM | 48666K109 |  | 63933 | 1004600 | SH |  | SOLE | 0 | 632000 | 0 | 372600 |
| Ituran Location and Control Ltd | COM | M6158M104 |  | 3902 | 109238 | SH |  | SOLE | 0 | 109238 | 0 | 0 |
| Information Services Group Inc | COM | 45675Y104 |  | 2441 | 424600 | SH |  | SOLE | 0 | 141300 | 0 | 283300 |
| Honda Motor Co Ltd | COM | 438128308 |  | 5950 | 193180 | SH |  | SOLE | 0 | 38500 | 0 | 154680 |
| Hartford Insurance Group Inc/The | COM | 416515104 |  | 427143 | 3202212 | SH |  | SOLE | 0 | 2086812 | 0 | 1115400 |
| GSK PLC | COM | 37733W204 |  | 1079 | 25000 | SH |  | SOLE | 0 | 7300 | 0 | 17700 |
| Global Payments Inc | COM | 37940X102 |  | 28463 | 342600 | SH |  | SOLE | 0 | 251300 | 0 | 91300 |
| Gap Inc/The | COM | 364760108 |  | 71479 | 3341701 | SH |  | SOLE | 0 | 2315801 | 0 | 1025900 |
| Five9 Inc | COM | 338307101 |  | 131 | 5400 | SH |  | SOLE | 0 | 5400 | 0 | 0 |
| Fidelis Insurance Holdings Ltd | COM | G3398L118 |  | 54366 | 2995380 | SH |  | SOLE | 0 | 1725280 | 0 | 1270100 |
| Etsy Inc | COM | 29786A106 |  | 86 | 1300 | SH |  | SOLE | 0 | 1300 | 0 | 0 |
| Embecta Corp | COM | 29082K105 |  | 4051 | 287100 | SH |  | SOLE | 0 | 222000 | 0 | 65100 |
| Donnelley Financial Solutions Inc | COM | 25787G100 |  | 87 | 1700 | SH |  | SOLE | 0 | 1700 | 0 | 0 |
| Delta Air Lines Inc | COM | 247361702 |  | 195669 | 3447917 | SH |  | SOLE | 0 | 2285217 | 0 | 1162700 |
| Crane NXT Co | COM | 224441105 |  | 7892 | 117670 | SH |  | SOLE | 0 | 104270 | 0 | 13400 |
| Commvault Systems Inc | COM | 204166102 |  | 57 | 300 | SH |  | SOLE | 0 | 300 | 0 | 0 |
| CNB Financial Corp/PA | COM | 126128107 |  | 2194 | 90661 | SH |  | SOLE | 0 | 57961 | 0 | 32700 |
| Chromcraft Revington Inc. | COM | 171ESC106 |  | 0 | 1300 | SH |  | SOLE | 0 | 1300 | 0 | 0 |
| Catalyst Pharmaceuticals Inc | COM | 14888U101 |  | 10882 | 552400 | SH |  | SOLE | 0 | 307000 | 0 | 245400 |
| California Resources Corp | COM | 13057Q305 |  | 27717 | 521200 | SH |  | SOLE | 0 | 271700 | 0 | 249500 |
| Broadstone Net Lease Inc | COM | 11135E203 |  | 23953 | 1340400 | SH |  | SOLE | 0 | 878100 | 0 | 462300 |
| Block Inc | COM | 852234103 |  | 79 | 1100 | SH |  | SOLE | 0 | 1100 | 0 | 0 |
| Bassett Furniture Industries Inc | COM | 070203104 |  | 446 | 28500 | SH |  | SOLE | 0 | 28500 | 0 | 0 |
| Avista Corp | COM | 05379B107 |  | 3736 | 98800 | SH |  | SOLE | 0 | 98800 | 0 | 0 |
| Aptiv PLC | COM | G3265R107 |  | 4396 | 50990 | SH |  | SOLE | 0 | 50990 | 0 | 0 |
| American Woodmark Corporation | COM | 030506109 |  | 304 | 4555 | SH |  | SOLE | 0 | 3355 | 0 | 1200 |
| Ally Financial Inc | COM | 02005N100 |  | 78147 | 1993535 | SH |  | SOLE | 0 | 1548155 | 0 | 445380 |
| Adobe Inc | COM | 00724F101 |  | 134146 | 380285 | SH |  | SOLE | 0 | 233295 | 0 | 146990 |
| Worthington Steel Inc | COM | 982104101 |  | 1674 | 55100 | SH |  | SOLE | 0 | 55100 | 0 | 0 |
| Walmart Inc | COM | 931142103 |  | 1268 | 12300 | SH |  | SOLE | 0 | 12300 | 0 | 0 |
| VeriSign Inc | COM | 92343E102 |  | 559 | 2000 | SH |  | SOLE | 0 | 2000 | 0 | 0 |
| Uniti Group Inc | COM | 912932100 |  | 19634 | 3208115 | SH |  | SOLE | 0 | 2213895 | 0 | 994220 |
| TTM Technologies Inc. | COM | 87305R109 |  | 8732 | 151600 | SH |  | SOLE | 0 | 50000 | 0 | 101600 |
| Timberland Bancorp Inc/WA | COM | 887098101 |  | 346 | 10400 | SH |  | SOLE | 0 | 7500 | 0 | 2900 |
| Target Corp | COM | 87612E106 |  | 82045 | 914665 | SH |  | SOLE | 0 | 534565 | 0 | 380100 |
| Strategic Education Inc | COM | 86272C103 |  | 129 | 1500 | SH |  | SOLE | 0 | 1500 | 0 | 0 |
| SkyWest Inc | COM | 830879102 |  | 16157 | 160572 | SH |  | SOLE | 0 | 89445 | 0 | 71127 |
| Sealed Air Corp | COM | 81211K100 |  | 6207 | 175600 | SH |  | SOLE | 0 | 136600 | 0 | 39000 |
| Royal Caribbean Cruises Ltd | COM | V7780T103 |  | 259 | 800 | SH |  | SOLE | 0 | 800 | 0 | 0 |
| Red River Bancshares Inc | COM | 75686R202 |  | 560 | 8637 | SH |  | SOLE | 0 | 4800 | 0 | 3837 |
| Prudential Financial Inc | COM | 744320102 |  | 30292 | 292000 | SH |  | SOLE | 0 | 154200 | 0 | 137800 |
| Portland General Electric Co | COM | 736508847 |  | 26213 | 595747 | SH |  | SOLE | 0 | 309500 | 0 | 286247 |
| Perrigo Co PLC | COM | G97822103 |  | 2982 | 133900 | SH |  | SOLE | 0 | 56500 | 0 | 77400 |
| Par Pacific Holdings Inc | COM | 69888T207 |  | 3638 | 102700 | SH |  | SOLE | 0 | 98300 | 0 | 4400 |
| Omnicom Group Inc | COM | 681919106 |  | 2552 | 31300 | SH |  | SOLE | 0 | 6000 | 0 | 25300 |
| NRG Energy Inc | COM | 629377508 |  | 73842 | 455956 | SH |  | SOLE | 0 | 316191 | 0 | 139765 |
| New Mountain Finance Corp | COM | 647551100 |  | 25388 | 2633656 | SH |  | SOLE | 0 | 1322256 | 0 | 1311400 |
| Morgan Stanley | COM | 617446448 |  | 3851 | 24227 | SH |  | SOLE | 0 | 24227 | 0 | 0 |
| MGIC Investment Corp | COM | 552848103 |  | 292723 | 10318036 | SH |  | SOLE | 0 | 6645160 | 0 | 3672876 |
| Match Group Inc | COM | 57667L107 |  | 168504 | 4770780 | SH |  | SOLE | 0 | 3079880 | 0 | 1690900 |
| Lockheed Martin Corp | COM | 539830109 |  | 127703 | 255811 | SH |  | SOLE | 0 | 181191 | 0 | 74620 |
| KT Corp | COM | 48268K101 |  | 1749 | 89700 | SH |  | SOLE | 0 | 89700 | 0 | 0 |
| Karat Packaging Inc | COM | 48563L101 |  | 872 | 34600 | SH |  | SOLE | 0 | 21200 | 0 | 13400 |
| Investar Holding Corp | COM | 46134L105 |  | 283 | 12200 | SH |  | SOLE | 0 | 5800 | 0 | 6400 |
| Independent Bank Corp/MI | COM | 453838609 |  | 13648 | 440613 | SH |  | SOLE | 0 | 335213 | 0 | 105400 |
| Highwoods Properties Inc | COM | 431284108 |  | 35498 | 1115600 | SH |  | SOLE | 0 | 950900 | 0 | 164700 |
| Harmonic Inc | COM | 413160102 |  | 129 | 12700 | SH |  | SOLE | 0 | 12700 | 0 | 0 |
| Griffon Corp | COM | 398433102 |  | 60021 | 788195 | SH |  | SOLE | 0 | 488567 | 0 | 299628 |
| Gladstone Commercial Corp | COM | 376536108 |  | 3824 | 310400 | SH |  | SOLE | 0 | 196400 | 0 | 114000 |
| FS KKR Capital Corp | COM | 302635206 |  | 24162 | 1618365 | SH |  | SOLE | 0 | 868315 | 0 | 750050 |
| First Savings Financial Group Inc | COM | 33621E109 |  | 138 | 4400 | SH |  | SOLE | 0 | 4400 | 0 | 0 |
| Federated Hermes Inc | COM | 314211103 |  | 124684 | 2401001 | SH |  | SOLE | 0 | 1491638 | 0 | 909363 |
| Equitable Holdings Inc | COM | 29452E101 |  | 11786 | 232100 | SH |  | SOLE | 0 | 187400 | 0 | 44700 |
| El Pollo Loco Holdings Inc | COM | 268603107 |  | 14444 | 1489052 | SH |  | SOLE | 0 | 867404 | 0 | 621648 |
| Dole PLC | COM | G27907107 |  | 8083 | 601400 | SH |  | SOLE | 0 | 281700 | 0 | 319700 |
| DaVita Inc | COM | 23918K108 |  | 123174 | 927029 | SH |  | SOLE | 0 | 612329 | 0 | 314700 |
| Coterra Energy Inc | COM | 127097103 |  | 338 | 14300 | SH |  | SOLE | 0 | 14300 | 0 | 0 |
| CommScope Holding Co Inc | COM | 20337X109 |  | 107 | 6900 | SH |  | SOLE | 0 | 6900 | 0 | 0 |
| Clarivate PLC | COM | G21810109 |  | 8072 | 2107500 | SH |  | SOLE | 0 | 606300 | 0 | 1501200 |
| Chimera Investment Corp | COM | 16934Q802 |  | 19270 | 1457669 | SH |  | SOLE | 0 | 837869 | 0 | 619800 |
| Carriage Services Inc | COM | 143905107 |  | 27130 | 609117 | SH |  | SOLE | 0 | 326190 | 0 | 282927 |
| Cal-Maine Foods Inc | COM | 128030202 |  | 1477 | 15700 | SH |  | SOLE | 0 | 0 | 0 | 15700 |
| Bristol-Myers Squibb Co | COM | 110122108 |  | 372953 | 8269472 | SH |  | SOLE | 0 | 4936988 | 0 | 3332484 |
| BioMarin Pharmaceutical Inc | COM | 09061G101 |  | 45792 | 845500 | SH |  | SOLE | 0 | 675100 | 0 | 170400 |
| Bankwell Financial Group Inc | COM | 06654A103 |  | 3770 | 85200 | SH |  | SOLE | 0 | 58500 | 0 | 26700 |
| AutoNation Inc | COM | 05329W102 |  | 117529 | 537225 | SH |  | SOLE | 0 | 377909 | 0 | 159316 |
| Apple Hospitality REIT Inc | COM | 03784Y200 |  | 31579 | 2629353 | SH |  | SOLE | 0 | 1503653 | 0 | 1125700 |
| American Financial Group Inc/OH | COM | 025932104 |  | 42422 | 291120 | SH |  | SOLE | 0 | 228510 | 0 | 62610 |
| Alkermes PLC | COM | G01767105 |  | 444 | 14800 | SH |  | SOLE | 0 | 14800 | 0 | 0 |
| ACM Research Inc | COM | 00108J109 |  | 97993 | 2504305 | SH |  | SOLE | 0 | 1758505 | 0 | 745800 |
| Zoom Communications Inc | COM | 98980L101 |  | 88229 | 1069440 | SH |  | SOLE | 0 | 623740 | 0 | 445700 |
| WNS Holdings Ltd | COM | G98196101 |  | 23 | 300 | SH |  | SOLE | 0 | 300 | 0 | 0 |
| Wabash National Corporation | COM | 929566107 |  | 247 | 25056 | SH |  | SOLE | 0 | 23456 | 0 | 1600 |
| Valmont Industries Inc | COM | 920253101 |  | 233 | 600 | SH |  | SOLE | 0 | 600 | 0 | 0 |
| United Security Bancshares/Fresno CA | COM | 911460103 |  | 46 | 4900 | SH |  | SOLE | 0 | 4900 | 0 | 0 |
| Trinity Capital Inc | COM | 896442308 |  | 139 | 9000 | SH |  | SOLE | 0 | 0 | 0 | 9000 |
| Textron Inc | COM | 883203101 |  | 346958 | 4106500 | SH |  | SOLE | 0 | 2942150 | 0 | 1164350 |
| Taiwan Semiconductor Manufacturing Co Ltd | COM | 874039100 |  | 8853 | 31700 | SH |  | SOLE | 0 | 31700 | 0 | 0 |
| State Street Corp | COM | 857477103 |  | 518543 | 4469816 | SH |  | SOLE | 0 | 3026956 | 0 | 1442860 |
| SiriusPoint Ltd | COM | G8192H106 |  | 8337 | 460869 | SH |  | SOLE | 0 | 34679 | 0 | 426190 |
| Scholastic Corp | COM | 807066105 |  | 1270 | 46384 | SH |  | SOLE | 0 | 21884 | 0 | 24500 |
| Rithm Capital Corp | COM | 64828T201 |  | 58322 | 5120500 | SH |  | SOLE | 0 | 3161300 | 0 | 1959200 |
| Rapid7 Inc | COM | 753422104 |  | 14719 | 785000 | SH |  | SOLE | 0 | 275600 | 0 | 509400 |
| ProPetro Holding Corp | COM | 74347M108 |  | 92 | 17600 | SH |  | SOLE | 0 | 9300 | 0 | 8300 |
| PNC Financial Services Group Inc/The | COM | 693475105 |  | 4300 | 21400 | SH |  | SOLE | 0 | 21400 | 0 | 0 |
| Peoples Bancorp of North Carolina Inc | COM | 710577107 |  | 107 | 3500 | SH |  | SOLE | 0 | 3500 | 0 | 0 |
| Oxford Industries Inc | COM | 691497309 |  | 1970 | 48600 | SH |  | SOLE | 0 | 44100 | 0 | 4500 |
| Olympic Steel Inc | COM | 68162K106 |  | 1577 | 51800 | SH |  | SOLE | 0 | 51800 | 0 | 0 |
| Northwest Bancshares Inc | COM | 667340103 |  | 1928 | 155600 | SH |  | SOLE | 0 | 114400 | 0 | 41200 |
| NetApp Inc | COM | 64110D104 |  | 61126 | 516008 | SH |  | SOLE | 0 | 300908 | 0 | 215100 |
| Modiv Industrial Inc | COM | 60784B101 |  | 239 | 16300 | SH |  | SOLE | 0 | 16300 | 0 | 0 |
| Methode Electronics Inc | COM | 591520200 |  | 1269 | 168100 | SH |  | SOLE | 0 | 130700 | 0 | 37400 |
| Marathon Petroleum Corp | COM | 56585A102 |  | 258189 | 1339570 | SH |  | SOLE | 0 | 1001610 | 0 | 337960 |
| LivaNova PLC | COM | G5509L101 |  | 35336 | 674610 | SH |  | SOLE | 0 | 456510 | 0 | 218100 |
| Korn Ferry | COM | 500643200 |  | 977 | 13961 | SH |  | SOLE | 0 | 4861 | 0 | 9100 |
| Johnson  Johnson | COM | 478160104 |  | 569306 | 3070358 | SH |  | SOLE | 0 | 1814878 | 0 | 1255480 |
| International Money Express Inc | COM | 46005L101 |  | 14575 | 1043319 | SH |  | SOLE | 0 | 589519 | 0 | 453800 |
| Illinois Tool Works Inc | COM | 452308109 |  | 339 | 1300 | SH |  | SOLE | 0 | 1300 | 0 | 0 |
| Heritage Financial Corp/WA | COM | 42722X106 |  | 1802 | 74500 | SH |  | SOLE | 0 | 74500 | 0 | 0 |
| Hanmi Financial Corp | COM | 410495204 |  | 33356 | 1350975 | SH |  | SOLE | 0 | 922275 | 0 | 428700 |
| Green Brick Partners Inc | COM | 392709101 |  | 1839 | 24900 | SH |  | SOLE | 0 | 20600 | 0 | 4300 |
| Getty Realty Corp | COM | 374297109 |  | 400 | 14900 | SH |  | SOLE | 0 | 0 | 0 | 14900 |
| Friedman Industries Inc | COM | 358435105 |  | 626 | 28600 | SH |  | SOLE | 0 | 21000 | 0 | 7600 |
| First Horizon Corp | COM | 320517105 |  | 287776 | 12727838 | SH |  | SOLE | 0 | 8564438 | 0 | 4163400 |
| Exxon Mobil Corp | COM | 30231G102 |  | 241201 | 2139259 | SH |  | SOLE | 0 | 1552559 | 0 | 586700 |
| EOG Resources Inc | COM | 26875P101 |  | 79981 | 713350 | SH |  | SOLE | 0 | 577220 | 0 | 136130 |
| Ecovyst Inc | COM | 27923Q109 |  | 2874 | 328100 | SH |  | SOLE | 0 | 290700 | 0 | 37400 |
| Diodes Inc | COM | 254543101 |  | 245 | 4600 | SH |  | SOLE | 0 | 4600 | 0 | 0 |
| CVS Health Corp | COM | 126650100 |  | 348231 | 4619061 | SH |  | SOLE | 0 | 3022214 | 0 | 1596847 |
| CoreCivic Inc | COM | 21871N101 |  | 151 | 7400 | SH |  | SOLE | 0 | 7400 | 0 | 0 |
| Comcast Corp | COM | 20030N101 |  | 434976 | 13843919 | SH |  | SOLE | 0 | 8269976 | 0 | 5573943 |
| City Office REIT Inc | COM | 178587101 |  | 1046 | 150300 | SH |  | SOLE | 0 | 55900 | 0 | 94400 |
| Check Point Software Technologies Ltd | COM | M22465104 |  | 1531 | 7400 | SH |  | SOLE | 0 | 7400 | 0 | 0 |
| Cargurus Inc | COM | 141788109 |  | 2688 | 72200 | SH |  | SOLE | 0 | 72200 | 0 | 0 |
| C Financial Corp | COM | 12466Q104 |  | 2598 | 38667 | SH |  | SOLE | 0 | 27867 | 0 | 10800 |
| Bread Financial Holdings Inc | COM | 018581108 |  | 15655 | 280700 | SH |  | SOLE | 0 | 91100 | 0 | 189600 |
| BHP Group Ltd | COM | 088606108 |  | 4410 | 79100 | SH |  | SOLE | 0 | 79100 | 0 | 0 |
| Bank of NT Butterfield  Son Ltd/The | COM | G0772R208 |  | 27952 | 651259 | SH |  | SOLE | 0 | 362759 | 0 | 288500 |
| AT Inc | COM | 00206R102 |  | 646715 | 22900662 | SH |  | SOLE | 0 | 14251362 | 0 | 8649300 |
| APA Corp | COM | 03743Q108 |  | 98393 | 4052426 | SH |  | SOLE | 0 | 2955170 | 0 | 1097256 |
| American Axle  Manufacturing Holdings Inc | COM | 024061103 |  | 1519 | 252800 | SH |  | SOLE | 0 | 198100 | 0 | 54700 |
| Alarm.com Holdings Inc | COM | 011642105 |  | 3243 | 61100 | SH |  | SOLE | 0 | 19000 | 0 | 42100 |
| Accel Entertainment Inc | COM | 00436Q106 |  | 245 | 22100 | SH |  | SOLE | 0 | 12400 | 0 | 9700 |
| Ziff Davis Inc | COM | 48123V102 |  | 29440 | 772700 | SH |  | SOLE | 0 | 352100 | 0 | 420600 |
| Whirlpool Corp | COM | 963320106 |  | 63946 | 813557 | SH |  | SOLE | 0 | 601723 | 0 | 211834 |
| Vistra Corp | COM | 92840M102 |  | 705 | 3600 | SH |  | SOLE | 0 | 3600 | 0 | 0 |
| Vale SA | COM | 91912E105 |  | 508 | 46822 | SH |  | SOLE | 0 | 46822 | 0 | 0 |
| United Fire Group Inc | COM | 910340108 |  | 2890 | 95000 | SH |  | SOLE | 0 | 85100 | 0 | 9900 |
| Travelzoo | COM | 89421Q205 |  | 446 | 45400 | SH |  | SOLE | 0 | 33500 | 0 | 11900 |
| Teradata Corp | COM | 88076W103 |  | 47195 | 2194095 | SH |  | SOLE | 0 | 1090052 | 0 | 1104043 |
| Synovus Financial Corp | COM | 87161C501 |  | 7814 | 159211 | SH |  | SOLE | 0 | 55611 | 0 | 103600 |
| Sprinklr Inc | COM | 85208T107 |  | 154 | 20000 | SH |  | SOLE | 0 | 20000 | 0 | 0 |
| Silgan Holdings Inc | COM | 827048109 |  | 1544 | 35900 | SH |  | SOLE | 0 | 500 | 0 | 35400 |
| Sanmina Corp | COM | 801056102 |  | 52027 | 451973 | SH |  | SOLE | 0 | 246853 | 0 | 205120 |
| Riley Exploration Permian Inc | COM | 76665T102 |  | 1469 | 54200 | SH |  | SOLE | 0 | 17800 | 0 | 36400 |
| Radian Group Inc | COM | 750236101 |  | 216418 | 5975086 | SH |  | SOLE | 0 | 3880656 | 0 | 2094430 |
| PROG Holdings Inc | COM | 74319R101 |  | 27256 | 842274 | SH |  | SOLE | 0 | 530340 | 0 | 311934 |
| Pinnacle West Capital Corp | COM | 723484101 |  | 8312 | 92710 | SH |  | SOLE | 0 | 10510 | 0 | 82200 |
| PennantPark Investment Corp | COM | 708062104 |  | 10791 | 1608160 | SH |  | SOLE | 0 | 878560 | 0 | 729600 |
| Outfront Media Inc | COM | 69007J304 |  | 40018 | 2184378 | SH |  | SOLE | 0 | 1551737 | 0 | 632641 |
| Oil-Dri Corp of America | COM | 677864100 |  | 165 | 2700 | SH |  | SOLE | 0 | 2700 | 0 | 0 |
| Northern Trust Corp | COM | 665859104 |  | 106952 | 794590 | SH |  | SOLE | 0 | 395090 | 0 | 399500 |
| National Vision Holdings Inc | COM | 63845R107 |  | 93 | 3200 | SH |  | SOLE | 0 | 3200 | 0 | 0 |
| Mistras Group Inc | COM | 60649T107 |  | 502 | 51001 | SH |  | SOLE | 0 | 31501 | 0 | 19500 |
| Meridian Corp | COM | 58958P104 |  | 1075 | 68056 | SH |  | SOLE | 0 | 46456 | 0 | 21600 |
| Manitowoc Co Inc/The | COM | 563571405 |  | 517 | 51637 | SH |  | SOLE | 0 | 40137 | 0 | 11500 |
| Lincoln National Corp | COM | 534187109 |  | 105452 | 2614739 | SH |  | SOLE | 0 | 1733659 | 0 | 881080 |
| Knowles Corp | COM | 49926D109 |  | 182 | 7800 | SH |  | SOLE | 0 | 7800 | 0 | 0 |
| Jefferies Financial Group Inc | COM | 47233W109 |  | 1178 | 18000 | SH |  | SOLE | 0 | 0 | 0 | 18000 |
| InterDigital Inc | COM | 45867G101 |  | 414 | 1200 | SH |  | SOLE | 0 | 1200 | 0 | 0 |
| Huntington Ingalls Industries Inc | COM | 446413106 |  | 131688 | 457394 | SH |  | SOLE | 0 | 347894 | 0 | 109500 |
| Hello Group Inc | COM | 423403104 |  | 21813 | 2939819 | SH |  | SOLE | 0 | 2165185 | 0 | 774634 |
| Hamilton Beach Brands Holding Co | COM | 40701T104 |  | 404 | 28117 | SH |  | SOLE | 0 | 22398 | 0 | 5719 |
| Graham Holdings Co | COM | 384637104 |  | 824 | 700 | SH |  | SOLE | 0 | 0 | 0 | 700 |
| Genpact Ltd | COM | G3922B107 |  | 89781 | 2143267 | SH |  | SOLE | 0 | 1398267 | 0 | 745000 |
| Franklin BSP Realty Trust Inc | COM | 35243J101 |  | 285 | 26271 | SH |  | SOLE | 0 | 26271 | 0 | 0 |
| First Commonwealth Financial Corp | COM | 319829107 |  | 4322 | 253500 | SH |  | SOLE | 0 | 194700 | 0 | 58800 |
| Exelon Corp | COM | 30161N101 |  | 7805 | 173400 | SH |  | SOLE | 0 | 31500 | 0 | 141900 |
| Eni SpA | COM | 26874R108 |  | 1255 | 35900 | SH |  | SOLE | 0 | 13400 | 0 | 22500 |
| Eastern Co/The | COM | 276317104 |  | 549 | 23403 | SH |  | SOLE | 0 | 17500 | 0 | 5903 |
| Dillard's Inc | COM | 254067101 |  | 369 | 600 | SH |  | SOLE | 0 | 600 | 0 | 0 |
| Cummins Inc | COM | 231021106 |  | 326607 | 773273 | SH |  | SOLE | 0 | 489735 | 0 | 283538 |
| Core Molding Technologies Inc | COM | 218683100 |  | 1045 | 50872 | SH |  | SOLE | 0 | 34472 | 0 | 16400 |
| Colony Bankcorp Inc | COM | 19623P101 |  | 534 | 31400 | SH |  | SOLE | 0 | 23300 | 0 | 8100 |
| Citigroup Inc | COM | 172967424 |  | 612424 | 6033737 | SH |  | SOLE | 0 | 4018839 | 0 | 2014898 |
| CF Industries Holdings Inc | COM | 125269100 |  | 94526 | 1053802 | SH |  | SOLE | 0 | 730122 | 0 | 323680 |
| Capital One Financial Corp | COM | 14040H105 |  | 2470 | 11618 | SH |  | SOLE | 0 | 11618 | 0 | 0 |
| Business First Bancshares Inc | COM | 12326C105 |  | 455 | 19270 | SH |  | SOLE | 0 | 0 | 0 | 19270 |
| Boyd Gaming Corp | COM | 103304101 |  | 19602 | 226740 | SH |  | SOLE | 0 | 134600 | 0 | 92140 |
| Berkshire Hills Bancorp Inc. | COM | 084680107 |  | 5545 | 233853 | SH |  | SOLE | 0 | 230153 | 0 | 3700 |
| Bank of America Corp | COM | 060505104 |  | 340487 | 6599866 | SH |  | SOLE | 0 | 4504166 | 0 | 2095700 |
| Arrow Electronics Inc | COM | 042735100 |  | 250584 | 2070940 | SH |  | SOLE | 0 | 1243880 | 0 | 827060 |
| Angi Inc | COM | 00183L201 |  | 395 | 24300 | SH |  | SOLE | 0 | 24300 | 0 | 0 |
| Amdocs Ltd | COM | G02602103 |  | 299376 | 3648703 | SH |  | SOLE | 0 | 2126943 | 0 | 1521760 |
| AG Mortgage Investment Trust Inc | COM | 001228501 |  | 2217 | 306280 | SH |  | SOLE | 0 | 212480 | 0 | 93800 |
| Acadia Healthcare Co Inc | COM | 00404A109 |  | 5385 | 217500 | SH |  | SOLE | 0 | 28300 | 0 | 189200 |
| YETI Holdings Inc | COM | 98585X104 |  | 129 | 3900 | SH |  | SOLE | 0 | 3900 | 0 | 0 |
| Western Digital Corp | COM | 958102105 |  | 181436 | 1511212 | SH |  | SOLE | 0 | 958412 | 0 | 552800 |
| Virco Mfg. Corp | COM | 927651109 |  | 1408 | 181700 | SH |  | SOLE | 0 | 166500 | 0 | 15200 |
| US Bancorp | COM | 902973304 |  | 19719 | 408000 | SH |  | SOLE | 0 | 408000 | 0 | 0 |
| Ultralife Corp | COM | 903899102 |  | 440 | 64500 | SH |  | SOLE | 0 | 40000 | 0 | 24500 |
| Toyota Motor Corp | COM | 892331307 |  | 2708 | 14170 | SH |  | SOLE | 0 | 2250 | 0 | 11920 |
| Tencent Music Entertainment Group | COM | 88034P109 |  | 20928 | 896678 | SH |  | SOLE | 0 | 514978 | 0 | 381700 |
| Synaptics Inc | COM | 87157D109 |  | 3644 | 53315 | SH |  | SOLE | 0 | 44615 | 0 | 8700 |
| Sonic Automotive Inc | COM | 83545G102 |  | 411 | 5400 | SH |  | SOLE | 0 | 3600 | 0 | 1800 |
| Sierra Bancorp | COM | 82620P102 |  | 2602 | 90000 | SH |  | SOLE | 0 | 84700 | 0 | 5300 |
| Sally Beauty Holdings Inc | COM | 79546E104 |  | 54690 | 3359340 | SH |  | SOLE | 0 | 1608865 | 0 | 1750475 |
| REV Group Inc | COM | 749527107 |  | 26657 | 470398 | SH |  | SOLE | 0 | 193000 | 0 | 277398 |
| Qualys Inc | COM | 74758T303 |  | 384 | 2900 | SH |  | SOLE | 0 | 2900 | 0 | 0 |
| Primoris Services Corp | COM | 74164F103 |  | 32437 | 236200 | SH |  | SOLE | 0 | 176400 | 0 | 59800 |
| Photronics Inc | COM | 719405102 |  | 57673 | 2512974 | SH |  | SOLE | 0 | 1562035 | 0 | 950939 |
| Peabody Energy Corp | COM | 704551100 |  | 14834 | 559339 | SH |  | SOLE | 0 | 420739 | 0 | 138600 |
| Orion SA | COM | L72967109 |  | 1602 | 211400 | SH |  | SOLE | 0 | 78600 | 0 | 132800 |
| ODP Corp/The | COM | 88337F105 |  | 30886 | 1109027 | SH |  | SOLE | 0 | 646871 | 0 | 462156 |
| NL Industries Inc | COM | 629156407 |  | 20 | 3200 | SH |  | SOLE | 0 | 1900 | 0 | 1300 |
| Murphy Oil Corp | COM | 626717102 |  | 98395 | 3463388 | SH |  | SOLE | 0 | 2589892 | 0 | 873496 |
| Millicom International Cellular SA | COM | L6388F110 |  | 3795 | 78180 | SH |  | SOLE | 0 | 78180 | 0 | 0 |
| Mercantile Bank Corp | COM | 587376104 |  | 13513 | 300286 | SH |  | SOLE | 0 | 216386 | 0 | 83900 |
| M/I Homes Inc | COM | 55305B101 |  | 2195 | 15200 | SH |  | SOLE | 0 | 8300 | 0 | 6900 |
| Lennar Corp | COM | 526057104 |  | 429 | 3400 | SH |  | SOLE | 0 | 3400 | 0 | 0 |
| Kimball Electronics Inc | COM | 49428J109 |  | 505 | 16900 | SH |  | SOLE | 0 | 12500 | 0 | 4400 |
| JAKKS Pacific Inc | COM | 47012E403 |  | 2401 | 128200 | SH |  | SOLE | 0 | 51300 | 0 | 76900 |
| Innoviva Inc | COM | 45781M101 |  | 732 | 40094 | SH |  | SOLE | 0 | 29694 | 0 | 10400 |
| HP Inc | COM | 40434L105 |  | 310038 | 11385906 | SH |  | SOLE | 0 | 7388036 | 0 | 3997870 |
| Healthpeak Properties Inc | COM | 42250P103 |  | 4762 | 248643 | SH |  | SOLE | 0 | 207743 | 0 | 40900 |
| Halliburton Co | COM | 406216101 |  | 148823 | 6049722 | SH |  | SOLE | 0 | 4347222 | 0 | 1702500 |
| Golub Capital BDC Inc | COM | 38173M102 |  | 14257 | 1041400 | SH |  | SOLE | 0 | 389400 | 0 | 652000 |
| General Mills Inc | COM | 370334104 |  | 153645 | 3047300 | SH |  | SOLE | 0 | 1843600 | 0 | 1203700 |
| Ford Motor Co | COM | 345370860 |  | 210617 | 17610147 | SH |  | SOLE | 0 | 11436547 | 0 | 6173600 |
| First BanCorp/Puerto Rico | COM | 318672706 |  | 32308 | 1465204 | SH |  | SOLE | 0 | 917104 | 0 | 548100 |
| Eversource Energy | COM | 30040W108 |  | 111446 | 1566577 | SH |  | SOLE | 0 | 1070563 | 0 | 496014 |
| Encore Capital Group Inc | COM | 292554102 |  | 88 | 2100 | SH |  | SOLE | 0 | 2100 | 0 | 0 |
| DXC Technology Co | COM | 23355L106 |  | 51222 | 3758062 | SH |  | SOLE | 0 | 2255870 | 0 | 1502192 |
| Dick's Sporting Goods Inc | COM | 253393102 |  | 124432 | 559950 | SH |  | SOLE | 0 | 346150 | 0 | 213800 |
| Crown Holdings Inc | COM | 228368106 |  | 12910 | 133655 | SH |  | SOLE | 0 | 91955 | 0 | 41700 |
| Consensus Cloud Solutions Inc | COM | 20848V105 |  | 11612 | 395385 | SH |  | SOLE | 0 | 256483 | 0 | 138902 |
| Coca-Cola Femsa SAB de CV | COM | 191241108 |  | 1645 | 19800 | SH |  | SOLE | 0 | 19800 | 0 | 0 |
| CION Investment Corp | COM | 17259U204 |  | 1769 | 186600 | SH |  | SOLE | 0 | 130300 | 0 | 56300 |
| Centene Corp | COM | 15135B101 |  | 158177 | 4433225 | SH |  | SOLE | 0 | 2812900 | 0 | 1620325 |
| Canadian Tire Corp Ltd | COM | 136681202 |  | 154 | 1300 | SH |  | SOLE | 0 | 1300 | 0 | 0 |
| Bumble Inc | COM | 12047B105 |  | 290 | 47700 | SH |  | SOLE | 0 | 47700 | 0 | 0 |
| Boise Cascade Co | COM | 09739D100 |  | 21286 | 275300 | SH |  | SOLE | 0 | 174000 | 0 | 101300 |
| Beazer Homes USA Inc | COM | 07556Q881 |  | 8260 | 336451 | SH |  | SOLE | 0 | 160252 | 0 | 176199 |
| B Foods Inc | COM | 05508R106 |  | 229 | 51600 | SH |  | SOLE | 0 | 11100 | 0 | 40500 |
| Armada Hoffler Properties Inc | COM | 04208T108 |  | 2050 | 292404 | SH |  | SOLE | 0 | 292404 | 0 | 0 |
| Amphastar Pharmaceuticals Inc | COM | 03209R103 |  | 1953 | 73300 | SH |  | SOLE | 0 | 50900 | 0 | 22400 |
| Amalgamated Financial Corp | COM | 022671101 |  | 8535 | 314358 | SH |  | SOLE | 0 | 194878 | 0 | 119480 |
| AerSale Corp | COM | 00810F106 |  | 194 | 23700 | SH |  | SOLE | 0 | 23700 | 0 | 0 |
| Abbott Laboratories | COM | 002824100 |  | 593 | 4425 | SH |  | SOLE | 0 | 4400 | 0 | 25 |
| XP Inc | COM | G98239109 |  | 477 | 25400 | SH |  | SOLE | 0 | 4800 | 0 | 20600 |
| WesBanco Inc | COM | 950810101 |  | 796 | 24918 | SH |  | SOLE | 0 | 0 | 0 | 24918 |
| Victory Capital Holdings Inc | COM | 92645B103 |  | 56335 | 869900 | SH |  | SOLE | 0 | 637800 | 0 | 232100 |
| Upbound Group Inc | COM | 76009N100 |  | 59854 | 2532951 | SH |  | SOLE | 0 | 1524951 | 0 | 1008000 |
| UGI Corp | COM | 902681105 |  | 196043 | 5894263 | SH |  | SOLE | 0 | 4041663 | 0 | 1852600 |
| Topgolf Callaway Brands Corp | COM | 131193104 |  | 94 | 9900 | SH |  | SOLE | 0 | 9900 | 0 | 0 |
| TEGNA Inc | COM | 87901J105 |  | 145794 | 7171371 | SH |  | SOLE | 0 | 4356596 | 0 | 2814775 |
| Super Group SGHC Ltd | COM | G8588X103 |  | 276 | 20900 | SH |  | SOLE | 0 | 20900 | 0 | 0 |
| Snap-on Inc | COM | 833034101 |  | 107796 | 311073 | SH |  | SOLE | 0 | 231553 | 0 | 79520 |
| Shoe Carnival Inc | COM | 824889109 |  | 6564 | 315718 | SH |  | SOLE | 0 | 137718 | 0 | 178000 |
| Sabra Health Care REIT Inc | COM | 78573L106 |  | 67457 | 3618915 | SH |  | SOLE | 0 | 2446104 | 0 | 1172811 |
| Reinsurance Group of America Inc | COM | 759351604 |  | 31233 | 162560 | SH |  | SOLE | 0 | 123560 | 0 | 39000 |
| Qorvo Inc | COM | 74736K101 |  | 138520 | 1520856 | SH |  | SOLE | 0 | 716906 | 0 | 803950 |
| Prestige Consumer Healthcare Inc | COM | 74112D101 |  | 462 | 7400 | SH |  | SOLE | 0 | 5500 | 0 | 1900 |
| Philip Morris International Inc | COM | 718172109 |  | 519 | 3200 | SH |  | SOLE | 0 | 3200 | 0 | 0 |
| Patterson-UTI Energy Inc | COM | 703481101 |  | 2992 | 577658 | SH |  | SOLE | 0 | 272100 | 0 | 305558 |
| Optex Systems Holdings Inc | COM | 68384X209 |  | 71 | 5500 | SH |  | SOLE | 0 | 5500 | 0 | 0 |
| Oak Valley Bancorp | COM | 671807105 |  | 204 | 7224 | SH |  | SOLE | 0 | 4224 | 0 | 3000 |
| NewtekOne Inc | COM | 652526203 |  | 1509 | 131800 | SH |  | SOLE | 0 | 76600 | 0 | 55200 |
| MSC Industrial Direct Co Inc | COM | 553530106 |  | 83 | 900 | SH |  | SOLE | 0 | 900 | 0 | 0 |
| MidCap Financial Investment Corp | COM | 03761U502 |  | 1152 | 96100 | SH |  | SOLE | 0 | 59500 | 0 | 36600 |
| McKesson Corporation | COM | 58155Q103 |  | 386 | 500 | SH |  | SOLE | 0 | 500 | 0 | 0 |
| Lyft Inc | COM | 55087P104 |  | 515 | 23400 | SH |  | SOLE | 0 | 23400 | 0 | 0 |
| Lantheus Holdings Inc | COM | 516544103 |  | 3919 | 76400 | SH |  | SOLE | 0 | 2300 | 0 | 74100 |
| Kewaunee Scientific Corp | COM | 492854104 |  | 98 | 2300 | SH |  | SOLE | 0 | 2300 | 0 | 0 |
| Jabil Inc | COM | 466313103 |  | 293036 | 1349340 | SH |  | SOLE | 0 | 857940 | 0 | 491400 |
| Ingredion Inc | COM | 457187102 |  | 244201 | 1999847 | SH |  | SOLE | 0 | 1257307 | 0 | 742540 |
| Hope Bancorp Inc | COM | 43940T109 |  | 16491 | 1531200 | SH |  | SOLE | 0 | 898500 | 0 | 632700 |
| HBT Financial Inc | COM | 404111106 |  | 4800 | 190478 | SH |  | SOLE | 0 | 148678 | 0 | 41800 |
| Gulfport Energy Corp | COM | 402635502 |  | 12326 | 68105 | SH |  | SOLE | 0 | 43165 | 0 | 24940 |
| GoDaddy Inc | COM | 380237107 |  | 164 | 1200 | SH |  | SOLE | 0 | 1200 | 0 | 0 |
| Gates Industrial Corp PLC | COM | G39108108 |  | 88248 | 3555526 | SH |  | SOLE | 0 | 1906091 | 0 | 1649435 |
| Flexsteel Industries Inc | COM | 339382103 |  | 1752 | 37800 | SH |  | SOLE | 0 | 26900 | 0 | 10900 |
| Fifth Third Bancorp | COM | 316773100 |  | 70037 | 1572100 | SH |  | SOLE | 0 | 1075100 | 0 | 497000 |
| European Wax Center Inc | COM | 29882P106 |  | 241 | 60300 | SH |  | SOLE | 0 | 60300 | 0 | 0 |
| Emergent BioSolutions Inc | COM | 29089Q105 |  | 7625 | 864500 | SH |  | SOLE | 0 | 372400 | 0 | 492100 |
| Douglas Dynamics Inc | COM | 25960R105 |  | 2416 | 77303 | SH |  | SOLE | 0 | 71903 | 0 | 5400 |
| Devon Energy Corp | COM | 25179M103 |  | 15605 | 445087 | SH |  | SOLE | 0 | 319287 | 0 | 125800 |
| Crescent Capital BDC Inc | COM | 225655109 |  | 104 | 7300 | SH |  | SOLE | 0 | 7300 | 0 | 0 |
| Concentrix Corp | COM | 20602D101 |  | 8471 | 183551 | SH |  | SOLE | 0 | 82932 | 0 | 100619 |
| CNO Financial Group Inc | COM | 12621E103 |  | 124569 | 3149649 | SH |  | SOLE | 0 | 2063167 | 0 | 1086482 |
| Cigna Group/The | COM | 125523100 |  | 156444 | 542737 | SH |  | SOLE | 0 | 335100 | 0 | 207637 |
| Cathay General Bancorp | COM | 149150104 |  | 32825 | 683703 | SH |  | SOLE | 0 | 342803 | 0 | 340900 |
| Cameco Corp | COM | 13321L108 |  | 50 | 600 | SH |  | SOLE | 0 | 600 | 0 | 0 |
| Buckle Inc/The | COM | 118440106 |  | 323 | 5500 | SH |  | SOLE | 0 | 5500 | 0 | 0 |
| Blue Bird Corp | COM | 095306106 |  | 98 | 1700 | SH |  | SOLE | 0 | 1700 | 0 | 0 |
| Baxter International Inc | COM | 071813109 |  | 102977 | 4522500 | SH |  | SOLE | 0 | 3121700 | 0 | 1400800 |
| Axcelis Technologies Inc | COM | 054540208 |  | 30747 | 314900 | SH |  | SOLE | 0 | 176784 | 0 | 138116 |
| ArcBest Corp | COM | 03937C105 |  | 31389 | 449249 | SH |  | SOLE | 0 | 258809 | 0 | 190440 |
| Amgen Inc | COM | 031162100 |  | 94054 | 333290 | SH |  | SOLE | 0 | 203780 | 0 | 129510 |
| Alphabet Inc | COM | 02079K305 |  | 620736 | 2553418 | SH |  | SOLE | 0 | 1626308 | 0 | 927110 |
| Adtalem Global Education Inc | COM | 00737L103 |  | 80592 | 521800 | SH |  | SOLE | 0 | 344200 | 0 | 177600 |
| Wynn Resorts Ltd | COM | 983134107 |  | 154 | 1200 | SH |  | SOLE | 0 | 1200 | 0 | 0 |
| Watts Water Technologies Inc | COM | 942749102 |  | 140 | 500 | SH |  | SOLE | 0 | 500 | 0 | 0 |
| Verizon Communications Inc | COM | 92343V104 |  | 535304 | 12179837 | SH |  | SOLE | 0 | 7230337 | 0 | 4949500 |
| Universal Insurance Holdings Inc | COM | 91359V107 |  | 7919 | 301102 | SH |  | SOLE | 0 | 174502 | 0 | 126600 |
| Turtle Beach Corp | COM | 900450206 |  | 2304 | 144900 | SH |  | SOLE | 0 | 97600 | 0 | 47300 |
| Titan International Inc | COM | 88830M102 |  | 504 | 66687 | SH |  | SOLE | 0 | 35687 | 0 | 31000 |
| TD SYNNEX Corp | COM | 87162W100 |  | 294419 | 1797979 | SH |  | SOLE | 0 | 1125304 | 0 | 672675 |
| Summit Hotel Properties Inc | COM | 866082100 |  | 1779 | 324100 | SH |  | SOLE | 0 | 324100 | 0 | 0 |
| SLB Ltd | COM | 806857108 |  | 577 | 16800 | SH |  | SOLE | 0 | 4300 | 0 | 12500 |
| Shell PLC | COM | 780259305 |  | 1180 | 16500 | SH |  | SOLE | 0 | 900 | 0 | 15600 |
| Ryder System Inc | COM | 783549108 |  | 260601 | 1381472 | SH |  | SOLE | 0 | 926117 | 0 | 455355 |
| Regeneron Pharmaceuticals Inc | COM | 75886F107 |  | 31262 | 55600 | SH |  | SOLE | 0 | 24900 | 0 | 30700 |
| PulteGroup Inc | COM | 745867101 |  | 373421 | 2826164 | SH |  | SOLE | 0 | 1966064 | 0 | 860100 |
| Preferred Bank/Los Angeles CA | COM | 740367404 |  | 334 | 3700 | SH |  | SOLE | 0 | 3700 | 0 | 0 |
| Petroleo Brasileiro SA - Petrobras | COM | 71654V408 |  | 279 | 22000 | SH |  | SOLE | 0 | 22000 | 0 | 0 |
| Park Hotels  Resorts Inc | COM | 700517105 |  | 9096 | 820900 | SH |  | SOLE | 0 | 395800 | 0 | 425100 |
| OneSpan Inc | COM | 68287N100 |  | 11637 | 732332 | SH |  | SOLE | 0 | 342500 | 0 | 389832 |
| NVIDIA Corp | COM | 67066G104 |  | 32652 | 175004 | SH |  | SOLE | 0 | 175004 | 0 | 0 |
| Newell Brands Inc | COM | 651229106 |  | 177 | 33800 | SH |  | SOLE | 0 | 14500 | 0 | 19300 |
| Movado Group Inc | COM | 624580106 |  | 222 | 11700 | SH |  | SOLE | 0 | 11700 | 0 | 0 |
| Micron Technology Inc | COM | 595112103 |  | 117400 | 701647 | SH |  | SOLE | 0 | 367807 | 0 | 333840 |
| Mattel Inc | COM | 577081102 |  | 101280 | 6017810 | SH |  | SOLE | 0 | 3715410 | 0 | 2302400 |
| Lowe's Cos Inc | COM | 548661107 |  | 276 | 1100 | SH |  | SOLE | 0 | 1100 | 0 | 0 |
| La-Z-Boy Inc | COM | 505336107 |  | 50275 | 1464899 | SH |  | SOLE | 0 | 924029 | 0 | 540870 |
| KB Financial Group Inc | COM | 48241A105 |  | 1666 | 20100 | SH |  | SOLE | 0 | 20100 | 0 | 0 |
| Itron Inc | COM | 465741106 |  | 249 | 2000 | SH |  | SOLE | 0 | 2000 | 0 | 0 |
| Industrial Logistics Properties Trust | COM | 456237106 |  | 6622 | 1135926 | SH |  | SOLE | 0 | 624452 | 0 | 511474 |
| Home Bancorp Inc | COM | 43689E107 |  | 1195 | 22005 | SH |  | SOLE | 0 | 12200 | 0 | 9805 |
| Harte Hanks Inc | COM | 416196202 |  | 47 | 12700 | SH |  | SOLE | 0 | 12700 | 0 | 0 |
| Group 1 Automotive Inc | COM | 398905109 |  | 50953 | 116462 | SH |  | SOLE | 0 | 65700 | 0 | 50762 |
| Global Net Lease Inc | COM | 379378201 |  | 251 | 30816 | SH |  | SOLE | 0 | 2613 | 0 | 28203 |
| G-III Apparel Group Ltd | COM | 36237H101 |  | 30448 | 1144233 | SH |  | SOLE | 0 | 609873 | 0 | 534360 |
| Fiserv Inc | COM | 337738108 |  | 1551 | 12028 | SH |  | SOLE | 0 | 12028 | 0 | 0 |
| Ferguson Enterprises Inc | COM | 31488V107 |  | 135 | 600 | SH |  | SOLE | 0 | 600 | 0 | 0 |
| Ethan Allen Interiors Inc | COM | 297602104 |  | 5779 | 196177 | SH |  | SOLE | 0 | 183277 | 0 | 12900 |
| Elevance Health Inc | COM | 036752103 |  | 2670 | 8264 | SH |  | SOLE | 0 | 8264 | 0 | 0 |
| Dollar Tree Inc | COM | 256746108 |  | 15212 | 161200 | SH |  | SOLE | 0 | 55600 | 0 | 105600 |
| Dell Technologies Inc | COM | 24703L202 |  | 408784 | 2883428 | SH |  | SOLE | 0 | 1905588 | 0 | 977840 |
| Covenant Logistics Group Inc | COM | 22284P105 |  | 9797 | 452290 | SH |  | SOLE | 0 | 259086 | 0 | 193204 |
| Community Trust Bancorp Inc | COM | 204149108 |  | 13656 | 244080 | SH |  | SOLE | 0 | 133133 | 0 | 110947 |
| CNA Financial Corp | COM | 126117100 |  | 12735 | 274100 | SH |  | SOLE | 0 | 255300 | 0 | 18800 |
| Chord Energy Corp | COM | 674215207 |  | 4023 | 40485 | SH |  | SOLE | 0 | 38085 | 0 | 2400 |
| Carter's Inc | COM | 146229109 |  | 27482 | 973865 | SH |  | SOLE | 0 | 521487 | 0 | 452378 |
| Caleres Inc | COM | 129500104 |  | 875 | 67100 | SH |  | SOLE | 0 | 2900 | 0 | 64200 |
| Broadcom Inc | COM | 11135F101 |  | 5165 | 15657 | SH |  | SOLE | 0 | 15657 | 0 | 0 |
| BlackRock TCP Capital Corp | COM | 09259E108 |  | 2665 | 429800 | SH |  | SOLE | 0 | 269900 | 0 | 159900 |
| Barings BDC Inc | COM | 06759L103 |  | 409 | 46700 | SH |  | SOLE | 0 | 28400 | 0 | 18300 |
| Aviat Networks Inc | COM | 05366Y201 |  | 2842 | 123925 | SH |  | SOLE | 0 | 48100 | 0 | 75825 |
| Applied Materials Inc | COM | 038222105 |  | 341200 | 1666506 | SH |  | SOLE | 0 | 1049406 | 0 | 617100 |
| American Public Education Inc | COM | 02913V103 |  | 7444 | 188600 | SH |  | SOLE | 0 | 79500 | 0 | 109100 |
| Allstate Corp/The | COM | 020002101 |  | 21086 | 98235 | SH |  | SOLE | 0 | 19735 | 0 | 78500 |
| Adeia Inc | COM | 00676P107 |  | 48448 | 2883786 | SH |  | SOLE | 0 | 1849386 | 0 | 1034400 |
| World Kinect Corp | COM | 981475106 |  | 45172 | 1740728 | SH |  | SOLE | 0 | 1119138 | 0 | 621590 |
| Walgreens Boots Alliance Inc | COM | 931CVR013 |  | 0 | 700 | SH |  | SOLE | 0 | 700 | 0 | 0 |
| Verint Systems Inc | COM | 92343X100 |  | 4951 | 244500 | SH |  | SOLE | 0 | 137100 | 0 | 107400 |
| UnitedHealth Group Inc | COM | 91324P102 |  | 1209 | 3500 | SH |  | SOLE | 0 | 3500 | 0 | 0 |
| Trustmark Corp | COM | 898402102 |  | 83 | 2100 | SH |  | SOLE | 0 | 2100 | 0 | 0 |
| Tidewater Inc | COM | 88642R109 |  | 80 | 1500 | SH |  | SOLE | 0 | 1500 | 0 | 0 |
| Tapestry Inc | COM | 876030107 |  | 17450 | 154128 | SH |  | SOLE | 0 | 132528 | 0 | 21600 |
| StoneCo Ltd | COM | G85158106 |  | 140 | 7400 | SH |  | SOLE | 0 | 7400 | 0 | 0 |
| SK Telecom Co Ltd | COM | 78440P306 |  | 4793 | 221890 | SH |  | SOLE | 0 | 141486 | 0 | 80404 |
| Scorpio Tankers Inc | COM | Y7542C130 |  | 98343 | 1754551 | SH |  | SOLE | 0 | 1154867 | 0 | 599684 |
| Rocky Brands Inc | COM | 774515100 |  | 1676 | 56262 | SH |  | SOLE | 0 | 52762 | 0 | 3500 |
| RCM Technologies Inc | COM | 749360400 |  | 1794 | 67575 | SH |  | SOLE | 0 | 60375 | 0 | 7200 |
| Proto Labs Inc | COM | 743713109 |  | 170 | 3400 | SH |  | SOLE | 0 | 3400 | 0 | 0 |
| Popular Inc | COM | 733174700 |  | 121290 | 954968 | SH |  | SOLE | 0 | 539968 | 0 | 415000 |
| Perdoceo Education Corp | COM | 71363P106 |  | 64439 | 1711063 | SH |  | SOLE | 0 | 991113 | 0 | 719950 |
| Pagaya Technologies Ltd | COM | M7S64L123 |  | 36 | 1200 | SH |  | SOLE | 0 | 1200 | 0 | 0 |
| Omnicell Inc | COM | 68213N109 |  | 97 | 3200 | SH |  | SOLE | 0 | 3200 | 0 | 0 |
| NOV Inc | COM | 62955J103 |  | 28462 | 2148100 | SH |  | SOLE | 0 | 945600 | 0 | 1202500 |
| NetScout Systems Inc | COM | 64115T104 |  | 43911 | 1700014 | SH |  | SOLE | 0 | 613000 | 0 | 1087014 |
| Molson Coors Beverage Co | COM | 60871R209 |  | 270998 | 5988916 | SH |  | SOLE | 0 | 3869096 | 0 | 2119820 |
| MFA Financial Inc | COM | 55272X607 |  | 5633 | 612950 | SH |  | SOLE | 0 | 287100 | 0 | 325850 |
| Matador Resources Co | COM | 576485205 |  | 158706 | 3532303 | SH |  | SOLE | 0 | 2323912 | 0 | 1208391 |
| LKQ Corp | COM | 501889208 |  | 214 | 7000 | SH |  | SOLE | 0 | 7000 | 0 | 0 |
| Kroger Co/The | COM | 501044101 |  | 464406 | 6889273 | SH |  | SOLE | 0 | 4433899 | 0 | 2455374 |
| JPMorgan Chase  Co | COM | 46625H100 |  | 200904 | 636922 | SH |  | SOLE | 0 | 531922 | 0 | 105000 |
| Invesco Mortgage Capital Inc | COM | 46131B704 |  | 558 | 73759 | SH |  | SOLE | 0 | 12847 | 0 | 60912 |
| Incyte Corp | COM | 45337C102 |  | 338061 | 3986097 | SH |  | SOLE | 0 | 2654547 | 0 | 1331550 |
| HF Sinclair Corp | COM | 403949100 |  | 171125 | 3269493 | SH |  | SOLE | 0 | 2368681 | 0 | 900812 |
| Harley-Davidson Inc | COM | 412822108 |  | 142778 | 5117494 | SH |  | SOLE | 0 | 3444371 | 0 | 1673123 |
| Greif Inc | COM | 397624107 |  | 21777 | 364400 | SH |  | SOLE | 0 | 159800 | 0 | 204600 |
| Gilead Sciences Inc | COM | 375558103 |  | 477255 | 4299593 | SH |  | SOLE | 0 | 2686713 | 0 | 1612880 |
| FS Bancorp Inc | COM | 30263Y104 |  | 758 | 19000 | SH |  | SOLE | 0 | 15900 | 0 | 3100 |
| First Merchants Corp | COM | 320817109 |  | 27 | 715 | SH |  | SOLE | 0 | 0 | 0 | 715 |
| Farmers National Banc Corp | COM | 309627107 |  | 6377 | 442517 | SH |  | SOLE | 0 | 331851 | 0 | 110666 |
| EPR Properties | COM | 26884U109 |  | 73682 | 1270158 | SH |  | SOLE | 0 | 823788 | 0 | 446370 |
| Edison International | COM | 281020107 |  | 956 | 17300 | SH |  | SOLE | 0 | 17300 | 0 | 0 |
| Docusign Inc | COM | 256163106 |  | 851 | 11800 | SH |  | SOLE | 0 | 11800 | 0 | 0 |
| Dave  Buster's Entertainment Inc | COM | 238337109 |  | 7414 | 408286 | SH |  | SOLE | 0 | 132500 | 0 | 275786 |
| Costamare Inc | COM | Y1771G102 |  | 1141 | 95800 | SH |  | SOLE | 0 | 1700 | 0 | 94100 |
| Commercial Metals Co | COM | 201723103 |  | 15219 | 265700 | SH |  | SOLE | 0 | 141200 | 0 | 124500 |
| Civitas Resources Inc | COM | 17888H103 |  | 23577 | 725448 | SH |  | SOLE | 0 | 408548 | 0 | 316900 |
| Chevron Corp | COM | 166764100 |  | 15683 | 100991 | SH |  | SOLE | 0 | 9991 | 0 | 91000 |
| Carnival Corp | COM | 143658300 |  | 3489 | 120700 | SH |  | SOLE | 0 | 102800 | 0 | 17900 |
| Cabot Corp | COM | 127055101 |  | 45828 | 602600 | SH |  | SOLE | 0 | 432700 | 0 | 169900 |
| Brink's Co/The | COM | 109696104 |  | 146821 | 1256385 | SH |  | SOLE | 0 | 819718 | 0 | 436667 |
| Biogen Inc | COM | 09062X103 |  | 42982 | 306839 | SH |  | SOLE | 0 | 196019 | 0 | 110820 |
| BankUnited Inc | COM | 06652K103 |  | 16095 | 421780 | SH |  | SOLE | 0 | 241567 | 0 | 180213 |
| Autoliv Inc | COM | 052800109 |  | 195091 | 1579687 | SH |  | SOLE | 0 | 951505 | 0 | 628182 |
| Apollo Commercial Real Estate Finance Inc | COM | 03762U105 |  | 1650 | 162882 | SH |  | SOLE | 0 | 105582 | 0 | 57300 |
| American Electric Power Co Inc | COM | 025537101 |  | 6469 | 57500 | SH |  | SOLE | 0 | 11900 | 0 | 45600 |
| Albertsons Cos Inc | COM | 013091103 |  | 191673 | 10946507 | SH |  | SOLE | 0 | 7059407 | 0 | 3887100 |
| ACCO Brands Corp | COM | 00081T108 |  | 11946 | 2993900 | SH |  | SOLE | 0 | 1954900 | 0 | 1039000 |
| Zions Bancorp NA | COM | 989701107 |  | 217251 | 3839718 | SH |  | SOLE | 0 | 2644513 | 0 | 1195205 |
| WisdomTree Inc | COM | 97717P104 |  | 124 | 8900 | SH |  | SOLE | 0 | 8900 | 0 | 0 |
| Voya Financial Inc | COM | 929089100 |  | 76061 | 1016860 | SH |  | SOLE | 0 | 700160 | 0 | 316700 |
| Valley National Bancorp | COM | 919794107 |  | 16136 | 1522310 | SH |  | SOLE | 0 | 977300 | 0 | 545010 |
| United Parks  Resorts Inc | COM | 81282V100 |  | 2383 | 46100 | SH |  | SOLE | 0 | 46100 | 0 | 0 |
| TriMas Corp | COM | 896215209 |  | 672 | 17400 | SH |  | SOLE | 0 | 13100 | 0 | 4300 |
| Tesla Inc | COM | 88160R101 |  | 4096 | 9210 | SH |  | SOLE | 0 | 9210 | 0 | 0 |
| Tactile Systems Technology Inc | COM | 87357P100 |  | 2034 | 146945 | SH |  | SOLE | 0 | 78745 | 0 | 68200 |
| Standard Motor Products Inc | COM | 853666105 |  | 331 | 8100 | SH |  | SOLE | 0 | 8100 | 0 | 0 |
| Sirius XM Holdings Inc | COM | 829933100 |  | 73146 | 3142700 | SH |  | SOLE | 0 | 2282000 | 0 | 860700 |
| ScanSource Inc | COM | 806037107 |  | 26524 | 602960 | SH |  | SOLE | 0 | 322460 | 0 | 280500 |
| Rio Tinto PLC | COM | 767204100 |  | 2541 | 38500 | SH |  | SOLE | 0 | 38500 | 0 | 0 |
| Ranger Energy Services Inc | COM | 75282U104 |  | 51 | 3600 | SH |  | SOLE | 0 | 3600 | 0 | 0 |
| Progyny Inc | COM | 74340E103 |  | 282 | 13100 | SH |  | SOLE | 0 | 13100 | 0 | 0 |
| Playtika Holding Corp | COM | 72815L107 |  | 22519 | 5789066 | SH |  | SOLE | 0 | 3927442 | 0 | 1861624 |
| Peoples Bancorp Inc/OH | COM | 709789101 |  | 4172 | 139116 | SH |  | SOLE | 0 | 113094 | 0 | 26022 |
| Owens Corning | COM | 690742101 |  | 205055 | 1449562 | SH |  | SOLE | 0 | 1027832 | 0 | 421730 |
| Old Second Bancorp Inc | COM | 680277100 |  | 3343 | 193426 | SH |  | SOLE | 0 | 148026 | 0 | 45400 |
| Northrop Grumman Corp | COM | 666807102 |  | 13100 | 21500 | SH |  | SOLE | 0 | 0 | 0 | 21500 |
| NCR Atleos Corp | COM | 63001N106 |  | 46747 | 1189199 | SH |  | SOLE | 0 | 716349 | 0 | 472850 |
| Mobile TeleSystems PJSC | COM | 607409109 |  | 0 | 2704000 | SH |  | SOLE | 0 | 2341700 | 0 | 362300 |
| Meta Platforms Inc | COM | 30303M102 |  | 228017 | 310489 | SH |  | SOLE | 0 | 180769 | 0 | 129720 |
| Maplebear Inc | COM | 565394103 |  | 2397 | 65203 | SH |  | SOLE | 0 | 65203 | 0 | 0 |
| Littelfuse Inc | COM | 537008104 |  | 285 | 1100 | SH |  | SOLE | 0 | 1100 | 0 | 0 |
| Koppers Holdings Inc | COM | 50060P106 |  | 26724 | 954431 | SH |  | SOLE | 0 | 669681 | 0 | 284750 |
| John Wiley  Sons Inc | COM | 968223206 |  | 4027 | 99500 | SH |  | SOLE | 0 | 22400 | 0 | 77100 |
| International Business Machines Corp | COM | 459200101 |  | 63026 | 223370 | SH |  | SOLE | 0 | 86770 | 0 | 136600 |
| IBEX Holdings Ltd | COM | G4690M101 |  | 928 | 22900 | SH |  | SOLE | 0 | 8400 | 0 | 14500 |
| Herbalife Ltd | COM | G4412G101 |  | 23167 | 2744931 | SH |  | SOLE | 0 | 1820941 | 0 | 923990 |
| Hanesbrands Inc. | COM | 410345102 |  | 319 | 48400 | SH |  | SOLE | 0 | 0 | 0 | 48400 |
| Great Southern Bancorp Inc | COM | 390905107 |  | 6333 | 103397 | SH |  | SOLE | 0 | 81199 | 0 | 22198 |
| GEO Group Inc/The | COM | 36162J106 |  | 61 | 3000 | SH |  | SOLE | 0 | 3000 | 0 | 0 |
| Freshworks Inc | COM | 358054104 |  | 244 | 20700 | SH |  | SOLE | 0 | 20700 | 0 | 0 |
| First Financial Corp | COM | 320218100 |  | 21816 | 386533 | SH |  | SOLE | 0 | 287633 | 0 | 98900 |
| Expro Group Holdings NV | COM | N3144W105 |  | 448 | 37700 | SH |  | SOLE | 0 | 28000 | 0 | 9700 |
| Enova International Inc | COM | 29357K103 |  | 253 | 2200 | SH |  | SOLE | 0 | 2200 | 0 | 0 |
| eBay Inc | COM | 278642103 |  | 535386 | 5886596 | SH |  | SOLE | 0 | 3708096 | 0 | 2178500 |
| Dine Brands Global Inc | COM | 254423106 |  | 11937 | 482892 | SH |  | SOLE | 0 | 244292 | 0 | 238600 |
| CVB Financial Corp | COM | 126600105 |  | 2324 | 122900 | SH |  | SOLE | 0 | 122900 | 0 | 0 |
| Corebridge Financial Inc | COM | 21871X109 |  | 150171 | 4685535 | SH |  | SOLE | 0 | 3407385 | 0 | 1278150 |
| Columbus McKinnon Corp/NY | COM | 199333105 |  | 987 | 68800 | SH |  | SOLE | 0 | 54200 | 0 | 14600 |
| City Bank/Lynnwood WA | COM | 17770A109 |  | 0 | 3200 | SH |  | SOLE | 0 | 3200 | 0 | 0 |
| Chatham Lodging Trust | COM | 16208T102 |  | 1078 | 160700 | SH |  | SOLE | 0 | 151500 | 0 | 9200 |
| Cardinal Health Inc | COM | 14149Y108 |  | 96496 | 614780 | SH |  | SOLE | 0 | 382940 | 0 | 231840 |
| Byline Bancorp Inc | COM | 124411109 |  | 139 | 5000 | SH |  | SOLE | 0 | 5000 | 0 | 0 |
| Brandywine Realty Trust | COM | 105368203 |  | 11109 | 2664103 | SH |  | SOLE | 0 | 2020803 | 0 | 643300 |
| Best Buy Co Inc | COM | 086516101 |  | 98926 | 1308200 | SH |  | SOLE | 0 | 883400 | 0 | 424800 |
| Bank of Nova Scotia/The | COM | 064149107 |  | 175 | 2700 | SH |  | SOLE | 0 | 2700 | 0 | 0 |
| Associated Banc-Corp | COM | 045487105 |  | 93180 | 3624263 | SH |  | SOLE | 0 | 2461263 | 0 | 1163000 |
| Annaly Capital Management Inc | COM | 035710839 |  | 60896 | 3013141 | SH |  | SOLE | 0 | 2524023 | 0 | 489118 |
| American Assets Trust Inc | COM | 024013104 |  | 37161 | 1828796 | SH |  | SOLE | 0 | 1221368 | 0 | 607428 |
| Akamai Technologies Inc | COM | 00971T101 |  | 3788 | 50000 | SH |  | SOLE | 0 | 6400 | 0 | 43600 |
| Acadian Asset Management Inc | COM | 10948W103 |  | 4065 | 84400 | SH |  | SOLE | 0 | 84400 | 0 | 0 |
| Zebra Technologies Corp | COM | 989207105 |  | 178 | 600 | SH |  | SOLE | 0 | 600 | 0 | 0 |
| Weyco Group Inc | COM | 962149100 |  | 90 | 3000 | SH |  | SOLE | 0 | 0 | 0 | 3000 |
| Visteon Corp | COM | 92839U206 |  | 18518 | 154500 | SH |  | SOLE | 0 | 86800 | 0 | 67700 |
| Utah Medical Products Inc | COM | 917488108 |  | 817 | 12974 | SH |  | SOLE | 0 | 7115 | 0 | 5859 |
| United Airlines Holdings Inc | COM | 910047109 |  | 246804 | 2557559 | SH |  | SOLE | 0 | 1725719 | 0 | 831840 |
| Travelers Cos Inc/The | COM | 89417E109 |  | 531 | 1900 | SH |  | SOLE | 0 | 1900 | 0 | 0 |
| Tennant Co | COM | 880345103 |  | 1646 | 20300 | SH |  | SOLE | 0 | 20300 | 0 | 0 |
| Synchrony Financial | COM | 87165B103 |  | 165891 | 2334854 | SH |  | SOLE | 0 | 1467754 | 0 | 867100 |
| Spectrum Brands Holdings Inc | COM | 84790A105 |  | 30776 | 585880 | SH |  | SOLE | 0 | 367533 | 0 | 218347 |
| Signet Jewelers Ltd | COM | G81276100 |  | 54415 | 567300 | SH |  | SOLE | 0 | 297940 | 0 | 269360 |
| SandRidge Energy Inc | COM | 80007P869 |  | 909 | 80600 | SH |  | SOLE | 0 | 63600 | 0 | 17000 |
| Rigel Pharmaceuticals Inc | COM | 766559702 |  | 3142 | 110900 | SH |  | SOLE | 0 | 102800 | 0 | 8100 |
| QuidelOrtho Corp | COM | 219798105 |  | 271 | 9200 | SH |  | SOLE | 0 | 9200 | 0 | 0 |
| Procter  Gamble Co/The | COM | 742718109 |  | 1245 | 8100 | SH |  | SOLE | 0 | 8100 | 0 | 0 |
| Pinnacle Airlines Corp | COM | 723443107 |  | 0 | 9400 | SH |  | SOLE | 0 | 0 | 0 | 9400 |
| Penguin Solutions Inc | COM | 706915105 |  | 14963 | 569368 | SH |  | SOLE | 0 | 281210 | 0 | 288158 |
| Otter Tail Corp | COM | 689648103 |  | 13859 | 169072 | SH |  | SOLE | 0 | 151172 | 0 | 17900 |
| Oil States International Inc | COM | 678026105 |  | 1094 | 180506 | SH |  | SOLE | 0 | 157956 | 0 | 22550 |
| Northeast Community Bancorp Inc | COM | 664121100 |  | 5984 | 290930 | SH |  | SOLE | 0 | 184592 | 0 | 106338 |
| National Fuel Gas Co | COM | 636180101 |  | 170464 | 1845450 | SH |  | SOLE | 0 | 1154550 | 0 | 690900 |
| Minerals Technologies Inc | COM | 603158106 |  | 11711 | 188522 | SH |  | SOLE | 0 | 43400 | 0 | 145122 |
| Mercury General Corp | COM | 589400100 |  | 4722 | 55700 | SH |  | SOLE | 0 | 6100 | 0 | 49600 |
| Magnera Corp | COM | 55939A107 |  | 4392 | 374750 | SH |  | SOLE | 0 | 193070 | 0 | 181680 |
| Lifetime Brands Inc | COM | 53222Q103 |  | 289 | 74600 | SH |  | SOLE | 0 | 56600 | 0 | 18000 |
| KLA Corp | COM | 482480100 |  | 216 | 200 | SH |  | SOLE | 0 | 200 | 0 | 0 |
| JD.com Inc | COM | 47215P106 |  | 70 | 2000 | SH |  | SOLE | 0 | 2000 | 0 | 0 |
| Integral Ad Science Holding Corp | COM | 45828L108 |  | 493 | 48500 | SH |  | SOLE | 0 | 48500 | 0 | 0 |
| HSBC Holdings PLC | COM | 404280406 |  | 2974 | 41900 | SH |  | SOLE | 0 | 14400 | 0 | 27500 |
| Helen of Troy Ltd | COM | G4388N106 |  | 1938 | 76892 | SH |  | SOLE | 0 | 32197 | 0 | 44695 |
| HAMILTON BEACH BRANDS HOLD-B | COM | 40701T203 |  | 17 | 1196 | SH |  | SOLE | 0 | 0 | 0 | 1196 |
| Goodyear Tire  Rubber Co/The | COM | 382550101 |  | 36539 | 4884853 | SH |  | SOLE | 0 | 2794148 | 0 | 2090705 |
| Genesco Inc | COM | 371532102 |  | 704 | 24300 | SH |  | SOLE | 0 | 17700 | 0 | 6600 |
| Fox Corp | COM | 35137L105 |  | 450047 | 7136803 | SH |  | SOLE | 0 | 4666383 | 0 | 2470420 |
| First Business Financial Services Inc | COM | 319390100 |  | 6376 | 124389 | SH |  | SOLE | 0 | 91989 | 0 | 32400 |
| Exelixis Inc | COM | 30161Q104 |  | 320844 | 7768627 | SH |  | SOLE | 0 | 4573921 | 0 | 3194706 |
| EnerSys | COM | 29275Y102 |  | 15922 | 140955 | SH |  | SOLE | 0 | 80555 | 0 | 60400 |
| East West Bancorp Inc | COM | 27579R104 |  | 31030 | 291500 | SH |  | SOLE | 0 | 159400 | 0 | 132100 |
| Digi International Inc | COM | 253798102 |  | 153 | 4200 | SH |  | SOLE | 0 | 4200 | 0 | 0 |
| CTO Realty Growth Inc | COM | 22948Q101 |  | 8774 | 538252 | SH |  | SOLE | 0 | 379322 | 0 | 158930 |
| Constellium SE | COM | F21107101 |  | 2780 | 186800 | SH |  | SOLE | 0 | 149300 | 0 | 37500 |
| Collegium Pharmaceutical Inc | COM | 19459J104 |  | 12128 | 346600 | SH |  | SOLE | 0 | 110300 | 0 | 236300 |
| Cisco Systems Inc | COM | 17275R102 |  | 594781 | 8693083 | SH |  | SOLE | 0 | 5128683 | 0 | 3564400 |
| Central Pacific Financial Corp | COM | 154760409 |  | 21354 | 703830 | SH |  | SOLE | 0 | 381330 | 0 | 322500 |
| Capital Bancorp Inc | COM | 139737100 |  | 335 | 10500 | SH |  | SOLE | 0 | 6600 | 0 | 3900 |
| Burke  Herbert Financial Services Corp | COM | 12135Y108 |  | 2523 | 40900 | SH |  | SOLE | 0 | 19700 | 0 | 21200 |
| Box Inc | COM | 10316T104 |  | 290 | 9000 | SH |  | SOLE | 0 | 9000 | 0 | 0 |
| Berkshire Hathaway Inc | COM | 084670702 |  | 8501 | 16910 | SH |  | SOLE | 0 | 16910 | 0 | 0 |
| Banco Latinoamericano de Comercio Exterior SA | COM | P16994132 |  | 52798 | 1148535 | SH |  | SOLE | 0 | 696035 | 0 | 452500 |
| Armstrong World Industries Inc | COM | 04247X102 |  | 118 | 600 | SH |  | SOLE | 0 | 600 | 0 | 0 |
| Andersons Inc/The | COM | 034164103 |  | 713 | 17900 | SH |  | SOLE | 0 | 11500 | 0 | 6400 |
| AMC Networks Inc | COM | 00164V103 |  | 4203 | 510018 | SH |  | SOLE | 0 | 262718 | 0 | 247300 |
| Aflac Inc | COM | 001055102 |  | 3 | 25 | SH |  | SOLE | 0 | 25 | 0 | 0 |
| Academy Sports  Outdoors Inc | COM | 00402L107 |  | 154815 | 3095055 | SH |  | SOLE | 0 | 1958955 | 0 | 1136100 |
| Yelp Inc | COM | 985817105 |  | 74972 | 2402938 | SH |  | SOLE | 0 | 1196738 | 0 | 1206200 |
| Western Alliance Bancorporation | COM | 957638109 |  | 2853 | 32900 | SH |  | SOLE | 0 | 32900 | 0 | 0 |
| Vipshop Holdings Ltd | COM | 92763W103 |  | 108507 | 5524813 | SH |  | SOLE | 0 | 3715739 | 0 | 1809074 |
| Urban Outfitters Inc | COM | 917047102 |  | 221 | 3100 | SH |  | SOLE | 0 | 3100 | 0 | 0 |
| Ulta Beauty Inc | COM | 90384S303 |  | 219 | 400 | SH |  | SOLE | 0 | 400 | 0 | 0 |
| Towne Bank/Portsmouth VA | COM | 89214P109 |  | 76 | 2200 | SH |  | SOLE | 0 | 2200 | 0 | 0 |
| Telefonaktiebolaget LM Ericsson | COM | 294821608 |  | 284 | 34300 | SH |  | SOLE | 0 | 34300 | 0 | 0 |
| Sylvamo Corp | COM | 871332102 |  | 72502 | 1639584 | SH |  | SOLE | 0 | 1016063 | 0 | 623521 |
| Solventum Corp | COM | 83444M101 |  | 2564 | 35122 | SH |  | SOLE | 0 | 31022 | 0 | 4100 |
| Shutterstock Inc | COM | 825690100 |  | 33386 | 1601253 | SH |  | SOLE | 0 | 838725 | 0 | 762528 |
| Salesforce Inc | COM | 79466L302 |  | 284 | 1200 | SH |  | SOLE | 0 | 1200 | 0 | 0 |
| Resideo Technologies Inc | COM | 76118Y104 |  | 592 | 13700 | SH |  | SOLE | 0 | 13700 | 0 | 0 |
| QUALCOMM Inc | COM | 747525103 |  | 566146 | 3403140 | SH |  | SOLE | 0 | 2124080 | 0 | 1279060 |
| PrimeEnergy Resources Corp | COM | 74158E104 |  | 284 | 1700 | SH |  | SOLE | 0 | 1700 | 0 | 0 |
| Phinia Inc | COM | 71880K101 |  | 78433 | 1364534 | SH |  | SOLE | 0 | 881780 | 0 | 482754 |
| PCB Bancorp | COM | 69320M109 |  | 9095 | 433080 | SH |  | SOLE | 0 | 282997 | 0 | 150083 |
| Organon  Co | COM | 68622V106 |  | 83673 | 7834540 | SH |  | SOLE | 0 | 4808447 | 0 | 3026093 |
| OceanFirst Financial Corp | COM | 675234108 |  | 8471 | 482108 | SH |  | SOLE | 0 | 412408 | 0 | 69700 |
| NEXTracker Inc | COM | 65290E101 |  | 326 | 4400 | SH |  | SOLE | 0 | 4400 | 0 | 0 |
| Mueller Water Products Inc | COM | 624758108 |  | 278 | 10900 | SH |  | SOLE | 0 | 10900 | 0 | 0 |
| MillerKnoll Inc | COM | 600544100 |  | 22374 | 1261199 | SH |  | SOLE | 0 | 849899 | 0 | 411300 |
| Medtronic PLC | COM | G5960L103 |  | 1019 | 10700 | SH |  | SOLE | 0 | 10700 | 0 | 0 |
| M Bank Corp | COM | 55261F104 |  | 67665 | 342400 | SH |  | SOLE | 0 | 230800 | 0 | 111600 |
| Leidos Holdings Inc | COM | 525327102 |  | 23582 | 124800 | SH |  | SOLE | 0 | 104000 | 0 | 20800 |
| Kilroy Realty Corp | COM | 49427F108 |  | 23026 | 545000 | SH |  | SOLE | 0 | 289200 | 0 | 255800 |
| Jackson Financial Inc | COM | 46817M107 |  | 85823 | 847798 | SH |  | SOLE | 0 | 577898 | 0 | 269900 |
| Innovative Industrial Properties Inc | COM | 45781V101 |  | 5931 | 110700 | SH |  | SOLE | 0 | 68200 | 0 | 42500 |
| Host Hotels  Resorts Inc | COM | 44107P104 |  | 167453 | 9838575 | SH |  | SOLE | 0 | 7230305 | 0 | 2608270 |
| Healthcare Services Group Inc | COM | 421906108 |  | 108 | 6400 | SH |  | SOLE | 0 | 6400 | 0 | 0 |
| Hackett Group Inc/The | COM | 404609109 |  | 1547 | 81400 | SH |  | SOLE | 0 | 14300 | 0 | 67100 |
| Goldman Sachs Group Inc/The | COM | 38141G104 |  | 265088 | 332879 | SH |  | SOLE | 0 | 206339 | 0 | 126540 |
| General Dynamics Corp | COM | 369550108 |  | 21916 | 64270 | SH |  | SOLE | 0 | 47890 | 0 | 16380 |
| FONAR Corp | COM | 344437405 |  | 514 | 34140 | SH |  | SOLE | 0 | 29540 | 0 | 4600 |
| First Bancorp Inc/The | COM | 31866P102 |  | 846 | 32198 | SH |  | SOLE | 0 | 1700 | 0 | 30498 |
| Evergy Inc | COM | 30034W106 |  | 12923 | 170000 | SH |  | SOLE | 0 | 11600 | 0 | 158400 |
| Enact Holdings Inc | COM | 29249E109 |  | 32868 | 857264 | SH |  | SOLE | 0 | 602364 | 0 | 254900 |
| Dropbox Inc | COM | 26210C104 |  | 350848 | 11613642 | SH |  | SOLE | 0 | 7060319 | 0 | 4553323 |
| DiamondRock Hospitality Co | COM | 252784301 |  | 4954 | 622325 | SH |  | SOLE | 0 | 443725 | 0 | 178600 |
| Crown Crafts Inc | COM | 228309100 |  | 138 | 47286 | SH |  | SOLE | 0 | 34364 | 0 | 12922 |
| ConocoPhillips | COM | 20825C104 |  | 93725 | 990853 | SH |  | SOLE | 0 | 827713 | 0 | 163140 |
| Coca-Cola Consolidated Inc | COM | 191098102 |  | 5096 | 43500 | SH |  | SOLE | 0 | 33500 | 0 | 10000 |
| Cinemark Holdings Inc | COM | 17243V102 |  | 300 | 10700 | SH |  | SOLE | 0 | 10700 | 0 | 0 |
| Celanese Corp | COM | 150870103 |  | 387 | 9200 | SH |  | SOLE | 0 | 0 | 0 | 9200 |
| Canadian Imperial Bank of Commerce | COM | 136069101 |  | 208 | 2600 | SH |  | SOLE | 0 | 2600 | 0 | 0 |
| Builders FirstSource Inc | COM | 12008R107 |  | 17212 | 141957 | SH |  | SOLE | 0 | 112157 | 0 | 29800 |
| BlueLinx Holdings Inc | COM | 09624H208 |  | 3464 | 47400 | SH |  | SOLE | 0 | 26600 | 0 | 20800 |
| BCB Bancorp Inc | COM | 055298103 |  | 679 | 78200 | SH |  | SOLE | 0 | 49900 | 0 | 28300 |
| AZZ Inc | COM | 002474104 |  | 142 | 1300 | SH |  | SOLE | 0 | 1300 | 0 | 0 |
| Ares Capital Corp | COM | 04010L103 |  | 15310 | 750100 | SH |  | SOLE | 0 | 661900 | 0 | 88200 |
| Amneal Pharmaceuticals Inc | COM | 03168L105 |  | 1975 | 197300 | SH |  | SOLE | 0 | 197300 | 0 | 0 |
| Altria Group Inc | COM | 02209S103 |  | 351154 | 5315676 | SH |  | SOLE | 0 | 3628136 | 0 | 1687540 |
| AerCap Holdings NV | COM | N00985106 |  | 42931 | 354800 | SH |  | SOLE | 0 | 246200 | 0 | 108600 |
| A10 Networks Inc | COM | 002121101 |  | 189 | 10400 | SH |  | SOLE | 0 | 10400 | 0 | 0 |
| Xerox Holdings Corp | COM | 98421M106 |  | 4797 | 1275875 | SH |  | SOLE | 0 | 792675 | 0 | 483200 |
| Wendy's Co/The | COM | 95058W100 |  | 90 | 9800 | SH |  | SOLE | 0 | 9800 | 0 | 0 |
| Victoria's Secret  Co | COM | 926400102 |  | 4675 | 172259 | SH |  | SOLE | 0 | 101759 | 0 | 70500 |
| Unum Group | COM | 91529Y106 |  | 212568 | 2732940 | SH |  | SOLE | 0 | 1787056 | 0 | 945884 |
| Uber Technologies Inc | COM | 90353T100 |  | 3315 | 33839 | SH |  | SOLE | 0 | 33839 | 0 | 0 |
| Tompkins Financial Corp | COM | 890110109 |  | 2410 | 36400 | SH |  | SOLE | 0 | 36400 | 0 | 0 |
| Teekay Corp Ltd | COM | G8726T105 |  | 1087 | 132936 | SH |  | SOLE | 0 | 118036 | 0 | 14900 |
| SunCoke Energy Inc | COM | 86722A103 |  | 27443 | 3363083 | SH |  | SOLE | 0 | 2003583 | 0 | 1359500 |
| SM Energy Co | COM | 78454L100 |  | 11094 | 444300 | SH |  | SOLE | 0 | 297600 | 0 | 146700 |
| Shoals Technologies Group Inc | COM | 82489W107 |  | 423 | 57100 | SH |  | SOLE | 0 | 57100 | 0 | 0 |
| S Global Inc | COM | 78409V104 |  | 243 | 500 | SH |  | SOLE | 0 | 500 | 0 | 0 |
| Regions Financial Corp | COM | 7591EP100 |  | 235464 | 8929251 | SH |  | SOLE | 0 | 6021065 | 0 | 2908186 |
| PVH Corp | COM | 693656100 |  | 164466 | 1963303 | SH |  | SOLE | 0 | 1338496 | 0 | 624807 |
| Premier Inc | COM | 74051N102 |  | 41999 | 1510767 | SH |  | SOLE | 0 | 497100 | 0 | 1013667 |
| Phibro Animal Health Corp | COM | 71742Q106 |  | 8242 | 203700 | SH |  | SOLE | 0 | 122800 | 0 | 80900 |
| Parke Bancorp Inc | COM | 700885106 |  | 388 | 18015 | SH |  | SOLE | 0 | 18015 | 0 | 0 |
| Open Text Corp | COM | 683715106 |  | 206 | 5500 | SH |  | SOLE | 0 | 5500 | 0 | 0 |
| O-I Glass Inc | COM | 67098H104 |  | 20784 | 1602478 | SH |  | SOLE | 0 | 900144 | 0 | 702334 |
| Newmont Corp | COM | 651639106 |  | 342125 | 4057939 | SH |  | SOLE | 0 | 2722839 | 0 | 1335100 |
| MRC Global Inc | COM | 55345K103 |  | 124 | 8600 | SH |  | SOLE | 0 | 8600 | 0 | 0 |
| Mid Penn Bancorp Inc | COM | 59540G107 |  | 3179 | 111000 | SH |  | SOLE | 0 | 84700 | 0 | 26300 |
| McDonald's Corp | COM | 580135101 |  | 729 | 2400 | SH |  | SOLE | 0 | 2400 | 0 | 0 |
| Lument Finance Trust Inc | COM | 55025L108 |  | 107 | 52835 | SH |  | SOLE | 0 | 52835 | 0 | 0 |
| Lam Research Corp | COM | 512807306 |  | 16998 | 126948 | SH |  | SOLE | 0 | 75348 | 0 | 51600 |
| Kelly Services Inc | COM | 488152208 |  | 6938 | 528829 | SH |  | SOLE | 0 | 241900 | 0 | 286929 |
| J M Smucker Co/The | COM | 832696405 |  | 87901 | 809400 | SH |  | SOLE | 0 | 610700 | 0 | 198700 |
| Ingles Markets Inc | COM | 457030104 |  | 7886 | 113364 | SH |  | SOLE | 0 | 54764 | 0 | 58600 |
| Honeywell International Inc. | COM | 438516106 |  | 400 | 1900 | SH |  | SOLE | 0 | 1900 | 0 | 0 |
| Haverty Furniture Cos Inc | COM | 419596101 |  | 10940 | 498870 | SH |  | SOLE | 0 | 264970 | 0 | 233900 |
| Guess  Inc | COM | 401617105 |  | 16740 | 1001781 | SH |  | SOLE | 0 | 356181 | 0 | 645600 |
| Globe Life Inc | COM | 37959E102 |  | 9495 | 66415 | SH |  | SOLE | 0 | 53915 | 0 | 12500 |
| Garrett Motion Inc | COM | 366505105 |  | 58247 | 4276600 | SH |  | SOLE | 0 | 2677928 | 0 | 1598672 |
| Flex Ltd | COM | Y2573F102 |  | 342496 | 5908151 | SH |  | SOLE | 0 | 3880643 | 0 | 2027508 |
| Fidelity National Financial Inc | COM | 31620R303 |  | 5196 | 85900 | SH |  | SOLE | 0 | 85900 | 0 | 0 |
| Euronet Worldwide Inc | COM | 298736109 |  | 1308 | 14900 | SH |  | SOLE | 0 | 14900 | 0 | 0 |
| EMCOR Group Inc | COM | 29084Q100 |  | 195 | 300 | SH |  | SOLE | 0 | 300 | 0 | 0 |
| DoubleVerify Holdings Inc | COM | 25862V105 |  | 210 | 17500 | SH |  | SOLE | 0 | 17500 | 0 | 0 |
| Deluxe Corp | COM | 248019101 |  | 35194 | 1817859 | SH |  | SOLE | 0 | 1173759 | 0 | 644100 |
| Credicorp Ltd | COM | G2519Y108 |  | 23033 | 86500 | SH |  | SOLE | 0 | 48100 | 0 | 38400 |
| Conagra Brands Inc | COM | 205887102 |  | 105419 | 5757452 | SH |  | SOLE | 0 | 3391808 | 0 | 2365644 |
| CNH Industrial NV | COM | N20944109 |  | 147622 | 13605671 | SH |  | SOLE | 0 | 10027671 | 0 | 3578000 |
| Chubb Ltd | COM | H1467J104 |  | 17274 | 61200 | SH |  | SOLE | 0 | 61200 | 0 | 0 |
| Caterpillar Inc | COM | 149123101 |  | 38888 | 81500 | SH |  | SOLE | 0 | 57200 | 0 | 24300 |
| Camden National Corp | COM | 133034108 |  | 8131 | 210695 | SH |  | SOLE | 0 | 109995 | 0 | 100700 |
| Brunswick Corp/DE | COM | 117043109 |  | 11820 | 186900 | SH |  | SOLE | 0 | 164400 | 0 | 22500 |
| Bloomin' Brands Inc | COM | 094235108 |  | 20121 | 2806339 | SH |  | SOLE | 0 | 1789922 | 0 | 1016417 |
| Bath  Body Works Inc | COM | 070830104 |  | 3956 | 153566 | SH |  | SOLE | 0 | 32566 | 0 | 121000 |
| Avnet Inc | COM | 053807103 |  | 136648 | 2613771 | SH |  | SOLE | 0 | 1415380 | 0 | 1198391 |
| Arbor Realty Trust Inc | COM | 038923108 |  | 65 | 5300 | SH |  | SOLE | 0 | 5300 | 0 | 0 |
| Ameriprise Financial Inc | COM | 03076C106 |  | 131886 | 268470 | SH |  | SOLE | 0 | 178390 | 0 | 90080 |
| Alphabet Inc | COM | 02079K107 |  | 16580 | 68077 | SH |  | SOLE | 0 | 68077 | 0 | 0 |
| ADT Inc | COM | 00090Q103 |  | 223378 | 25646206 | SH |  | SOLE | 0 | 15830140 | 0 | 9816066 |
| WSFS Financial Corp | COM | 929328102 |  | 129 | 2400 | SH |  | SOLE | 0 | 2400 | 0 | 0 |
| Walt Disney Co/The | COM | 254687106 |  | 641 | 5600 | SH |  | SOLE | 0 | 5600 | 0 | 0 |
| Veritex Holdings Inc. | COM | 923451108 |  | 19261 | 574431 | SH |  | SOLE | 0 | 172231 | 0 | 402200 |
| Universal Health Services Inc | COM | 913903100 |  | 153900 | 752786 | SH |  | SOLE | 0 | 561537 | 0 | 191249 |
| Turkcell Iletisim Hizmetleri AS | COM | 900111204 |  | 616 | 102400 | SH |  | SOLE | 0 | 102400 | 0 | 0 |
| Timken Co/The | COM | 887389104 |  | 14025 | 186548 | SH |  | SOLE | 0 | 61115 | 0 | 125433 |
| Taylor Morrison Home Corp | COM | 87724P106 |  | 2251 | 34100 | SH |  | SOLE | 0 | 24300 | 0 | 9800 |
| Strawberry Fields REIT Inc | COM | 863182101 |  | 116 | 9407 | SH |  | SOLE | 0 | 9407 | 0 | 0 |
| Skyworks Solutions Inc | COM | 83088M102 |  | 146996 | 1909536 | SH |  | SOLE | 0 | 1200366 | 0 | 709170 |
| Service Properties Trust | COM | 81761L102 |  | 6985 | 2577557 | SH |  | SOLE | 0 | 1823357 | 0 | 754200 |
| RTX Corp | COM | 75513E101 |  | 653 | 3900 | SH |  | SOLE | 0 | 3900 | 0 | 0 |
| Redwood Trust Inc | COM | 758075402 |  | 11455 | 1978325 | SH |  | SOLE | 0 | 1404041 | 0 | 574284 |
| PTC Therapeutics Inc | COM | 69366J200 |  | 166 | 2700 | SH |  | SOLE | 0 | 2700 | 0 | 0 |
| Post Holdings Inc | COM | 737446104 |  | 1951 | 18150 | SH |  | SOLE | 0 | 4050 | 0 | 14100 |
| Petco Health  Wellness Co Inc | COM | 71601V105 |  | 99 | 25500 | SH |  | SOLE | 0 | 25500 | 0 | 0 |
| Paramount Skydance Corp | COM | 69932A204 |  | 3552 | 187752 | SH |  | SOLE | 0 | 63457 | 0 | 124295 |
| OneMain Holdings Inc | COM | 68268W103 |  | 5014 | 88800 | SH |  | SOLE | 0 | 82000 | 0 | 6800 |
| Nu Skin Enterprises Inc | COM | 67018T105 |  | 245 | 20100 | SH |  | SOLE | 0 | 20100 | 0 | 0 |
| New York Times Co/The | COM | 650111107 |  | 281 | 4900 | SH |  | SOLE | 0 | 4900 | 0 | 0 |
| Mosaic Co/The | COM | 61945C103 |  | 66255 | 1910477 | SH |  | SOLE | 0 | 1268177 | 0 | 642300 |
| MGM Resorts International | COM | 552953101 |  | 96487 | 2783800 | SH |  | SOLE | 0 | 1956200 | 0 | 827600 |
| Matson Inc | COM | 57686G105 |  | 30812 | 312522 | SH |  | SOLE | 0 | 199682 | 0 | 112840 |
| Loews Corp | COM | 540424108 |  | 10320 | 102800 | SH |  | SOLE | 0 | 10500 | 0 | 92300 |
| Kyndryl Holdings Inc | COM | 50155Q100 |  | 105 | 3500 | SH |  | SOLE | 0 | 3500 | 0 | 0 |
| Kaspi.KZ JSC | COM | 48581R205 |  | 613 | 7500 | SH |  | SOLE | 0 | 7500 | 0 | 0 |
| Iridium Communications Inc | COM | 46269C102 |  | 171 | 9800 | SH |  | SOLE | 0 | 9800 | 0 | 0 |
| Indivior PLC | COM | G4766E116 |  | 489 | 20300 | SH |  | SOLE | 0 | 20300 | 0 | 0 |
| Hillenbrand Inc | COM | 431571108 |  | 6651 | 245960 | SH |  | SOLE | 0 | 166660 | 0 | 79300 |
| Harmony Biosciences Holdings Inc | COM | 413197104 |  | 43955 | 1594893 | SH |  | SOLE | 0 | 932233 | 0 | 662660 |
| Grocery Outlet Holding Corp | COM | 39874R101 |  | 340 | 21200 | SH |  | SOLE | 0 | 21200 | 0 | 0 |
| Global Medical REIT Inc | COM | 37954A303 |  | 5195 | 154099 | SH |  | SOLE | 0 | 94079 | 0 | 60020 |
| Fulton Financial Corp | COM | 360271100 |  | 17653 | 947575 | SH |  | SOLE | 0 | 489300 | 0 | 458275 |
| First United Corp | COM | 33741H107 |  | 585 | 15900 | SH |  | SOLE | 0 | 12000 | 0 | 3900 |
| FedEx Corp | COM | 31428X106 |  | 271280 | 1150416 | SH |  | SOLE | 0 | 763136 | 0 | 387280 |
| Essent Group Ltd | COM | G3198U102 |  | 31531 | 496090 | SH |  | SOLE | 0 | 328190 | 0 | 167900 |
| Electronic Arts Inc | COM | 285512109 |  | 42951 | 212945 | SH |  | SOLE | 0 | 137745 | 0 | 75200 |
| Dollar General Corp | COM | 256677105 |  | 30581 | 295900 | SH |  | SOLE | 0 | 203960 | 0 | 91940 |
| Deere  Co | COM | 244199105 |  | 320 | 700 | SH |  | SOLE | 0 | 700 | 0 | 0 |
| Cousins Properties Inc | COM | 222795502 |  | 32989 | 1139904 | SH |  | SOLE | 0 | 973860 | 0 | 166044 |
| Community Healthcare Trust Inc | COM | 20369C106 |  | 2571 | 168058 | SH |  | SOLE | 0 | 159800 | 0 | 8258 |
| Clear Secure Inc | COM | 18467V109 |  | 464 | 13900 | SH |  | SOLE | 0 | 13900 | 0 | 0 |
| ChipMOS Technologies Inc | COM | 16965P202 |  | 107 | 5600 | SH |  | SOLE | 0 | 5600 | 0 | 0 |
| Cars.com Inc | COM | 14575E105 |  | 1273 | 104200 | SH |  | SOLE | 0 | 55600 | 0 | 48600 |
| Calavo Growers Inc | COM | 128246105 |  | 1890 | 73425 | SH |  | SOLE | 0 | 16305 | 0 | 57120 |
| Brixmor Property Group Inc | COM | 11120U105 |  | 45545 | 1645400 | SH |  | SOLE | 0 | 1083700 | 0 | 561700 |
| Blackbaud Inc | COM | 09227Q100 |  | 302 | 4700 | SH |  | SOLE | 0 | 4700 | 0 | 0 |
| Bar Harbor Bankshares | COM | 066849100 |  | 2819 | 92550 | SH |  | SOLE | 0 | 87850 | 0 | 4700 |
| Avanos Medical Inc | COM | 05350V106 |  | 865 | 74793 | SH |  | SOLE | 0 | 36193 | 0 | 38600 |
| Apple Inc | COM | 037833100 |  | 26266 | 103153 | SH |  | SOLE | 0 | 103153 | 0 | 0 |
| American International Group Inc | COM | 026874784 |  | 306504 | 3902519 | SH |  | SOLE | 0 | 2671029 | 0 | 1231490 |
| Allison Transmission Holdings Inc | COM | 01973R101 |  | 207021 | 2438981 | SH |  | SOLE | 0 | 1580090 | 0 | 858891 |
| AdaptHealth Corp | COM | 00653Q102 |  | 425 | 47476 | SH |  | SOLE | 0 | 30600 | 0 | 16876 |
| ZoomInfo Technologies Inc | COM | 98980F104 |  | 81897 | 7506629 | SH |  | SOLE | 0 | 3738329 | 0 | 3768300 |
| Wolverine World Wide Inc | COM | 978097103 |  | 93 | 3400 | SH |  | SOLE | 0 | 3400 | 0 | 0 |
| WaFd Inc | COM | 938824109 |  | 9208 | 304000 | SH |  | SOLE | 0 | 165000 | 0 | 139000 |
| Varex Imaging Corp | COM | 92214X106 |  | 4966 | 400524 | SH |  | SOLE | 0 | 325824 | 0 | 74700 |
| United Therapeutics Corp | COM | 91307C102 |  | 287876 | 686710 | SH |  | SOLE | 0 | 440430 | 0 | 246280 |
| Truist Financial Corp | COM | 89832Q109 |  | 50420 | 1102800 | SH |  | SOLE | 0 | 871800 | 0 | 231000 |
| Thermo Fisher Scientific Inc | COM | 883556102 |  | 437 | 900 | SH |  | SOLE | 0 | 900 | 0 | 0 |
| Tandy Brands Accessories Inc | COM | 875378101 |  | 0 | 3500 | SH |  | SOLE | 0 | 3500 | 0 | 0 |
| Steel Dynamics Inc | COM | 858119100 |  | 135594 | 972485 | SH |  | SOLE | 0 | 746385 | 0 | 226100 |
| Sixth Street Specialty Lending Inc | COM | 83012A109 |  | 22236 | 972712 | SH |  | SOLE | 0 | 407700 | 0 | 565012 |
| Science Applications International Corp | COM | 808625107 |  | 155518 | 1565035 | SH |  | SOLE | 0 | 962498 | 0 | 602537 |
| RLJ Lodging Trust | COM | 74965L101 |  | 16195 | 2249249 | SH |  | SOLE | 0 | 917114 | 0 | 1332135 |
| RBB Bancorp | COM | 74930B105 |  | 4032 | 214900 | SH |  | SOLE | 0 | 146300 | 0 | 68600 |
| Prospect Capital Corp | COM | 74348T102 |  | 1474 | 535835 | SH |  | SOLE | 0 | 282302 | 0 | 253533 |
| Polaris Inc | COM | 731068102 |  | 1331 | 22900 | SH |  | SOLE | 0 | 13300 | 0 | 9600 |
| PepsiCo Inc | COM | 713448108 |  | 3607 | 25684 | SH |  | SOLE | 0 | 25684 | 0 | 0 |
| Pacira BioSciences Inc | COM | 695127100 |  | 2946 | 114300 | SH |  | SOLE | 0 | 108000 | 0 | 6300 |
| Omega Healthcare Investors Inc | COM | 681936100 |  | 54042 | 1280000 | SH |  | SOLE | 0 | 849900 | 0 | 430100 |
| Northwest Natural Holding Co | COM | 66765N105 |  | 3239 | 72100 | SH |  | SOLE | 0 | 51000 | 0 | 21100 |
| Netflix Inc | COM | 64110L106 |  | 3313 | 2763 | SH |  | SOLE | 0 | 2763 | 0 | 0 |
| Mohawk Industries Inc | COM | 608190104 |  | 15406 | 119500 | SH |  | SOLE | 0 | 79400 | 0 | 40100 |
| MetLife Inc | COM | 59156R108 |  | 134453 | 1632300 | SH |  | SOLE | 0 | 1056500 | 0 | 575800 |
| Marriott Vacations Worldwide Corp | COM | 57164Y107 |  | 12622 | 189632 | SH |  | SOLE | 0 | 100889 | 0 | 88743 |
| LiveRamp Holdings Inc | COM | 53815P108 |  | 3810 | 140400 | SH |  | SOLE | 0 | 10900 | 0 | 129500 |
| Kraft Heinz Co/The | COM | 500754106 |  | 215310 | 8268443 | SH |  | SOLE | 0 | 5113046 | 0 | 3155397 |
| JOYY Inc | COM | 46591M109 |  | 29317 | 500199 | SH |  | SOLE | 0 | 333957 | 0 | 166242 |
| Intuit Inc | COM | 461202103 |  | 273 | 400 | SH |  | SOLE | 0 | 400 | 0 | 0 |
| Illumina Inc | COM | 452327109 |  | 1937 | 20400 | SH |  | SOLE | 0 | 4100 | 0 | 16300 |
| Hewlett Packard Enterprise Co | COM | 42824C109 |  | 299292 | 12186141 | SH |  | SOLE | 0 | 7494956 | 0 | 4691185 |
| Hanover Insurance Group Inc/The | COM | 410867105 |  | 272 | 1500 | SH |  | SOLE | 0 | 1500 | 0 | 0 |
| Greenbrier Cos Inc/The | COM | 393657101 |  | 30795 | 667002 | SH |  | SOLE | 0 | 308400 | 0 | 358602 |
| GigaCloud Technology Inc | COM | G38644103 |  | 2263 | 79700 | SH |  | SOLE | 0 | 79700 | 0 | 0 |
| Frontdoor Inc | COM | 35905A109 |  | 87 | 1300 | SH |  | SOLE | 0 | 1300 | 0 | 0 |
| First Internet Bancorp | COM | 320557101 |  | 774 | 34500 | SH |  | SOLE | 0 | 34500 | 0 | 0 |
| F5 Inc | COM | 315616102 |  | 17361 | 53717 | SH |  | SOLE | 0 | 19487 | 0 | 34230 |
| ePlus Inc | COM | 294268107 |  | 2216 | 31200 | SH |  | SOLE | 0 | 12000 | 0 | 19200 |
| Edgewell Personal Care Co | COM | 28035Q102 |  | 27241 | 1337954 | SH |  | SOLE | 0 | 995654 | 0 | 342300 |
| DNOW Inc | COM | 67011P100 |  | 11363 | 745100 | SH |  | SOLE | 0 | 332400 | 0 | 412700 |
| Daktronics Inc | COM | 234264109 |  | 778 | 37200 | SH |  | SOLE | 0 | 32800 | 0 | 4400 |
| Corinthian Colleges Inc | COM | 218868107 |  | 0 | 10100 | SH |  | SOLE | 0 | 10100 | 0 | 0 |
| Comerica Inc | COM | 200340107 |  | 36199 | 528300 | SH |  | SOLE | 0 | 304300 | 0 | 224000 |
| Civista Bancshares Inc | COM | 178867107 |  | 3096 | 152426 | SH |  | SOLE | 0 | 101326 | 0 | 51100 |
| Chemung Financial Corp | COM | 164024101 |  | 704 | 13400 | SH |  | SOLE | 0 | 9600 | 0 | 3800 |
| Carlyle Secured Lending Inc | COM | 872280102 |  | 4918 | 393450 | SH |  | SOLE | 0 | 201800 | 0 | 191650 |
| Cable One Inc | COM | 12685J105 |  | 3648 | 20607 | SH |  | SOLE | 0 | 11967 | 0 | 8640 |
| Brighthouse Financial Inc | COM | 10922N103 |  | 5875 | 110673 | SH |  | SOLE | 0 | 26473 | 0 | 84200 |
| Big Lots Inc | COM | 089302103 |  | 0 | 100 | SH |  | SOLE | 0 | 100 | 0 | 0 |
| Bank OZK | COM | 06417N103 |  | 23966 | 470106 | SH |  | SOLE | 0 | 425506 | 0 | 44600 |
| Atkore Inc | COM | 047649108 |  | 56943 | 907600 | SH |  | SOLE | 0 | 549300 | 0 | 358300 |
| Apogee Enterprises Inc | COM | 037598109 |  | 20787 | 477100 | SH |  | SOLE | 0 | 315600 | 0 | 161500 |
| American Eagle Outfitters Inc | COM | 02553E106 |  | 8345 | 487700 | SH |  | SOLE | 0 | 314500 | 0 | 173200 |
| Alaska Air Group Inc | COM | 011659109 |  | 2728 | 54799 | SH |  | SOLE | 0 | 0 | 0 | 54799 |
| Accenture PLC | COM | G1151C101 |  | 247 | 1000 | SH |  | SOLE | 0 | 1000 | 0 | 0 |
| Zimmer Biomet Holdings Inc | COM | 98956P102 |  | 1615 | 16400 | SH |  | SOLE | 0 | 16400 | 0 | 0 |
| WhiteHorse Finance Inc | COM | 96524V106 |  | 69 | 9900 | SH |  | SOLE | 0 | 9900 | 0 | 0 |
| Vontier Corp | COM | 928881101 |  | 70098 | 1670186 | SH |  | SOLE | 0 | 787376 | 0 | 882810 |
| Valero Energy Corp | COM | 91913Y100 |  | 217655 | 1278370 | SH |  | SOLE | 0 | 937530 | 0 | 340840 |
| United Microelectronics Corp | COM | 910873405 |  | 4287 | 565611 | SH |  | SOLE | 0 | 565611 | 0 | 0 |
| Tri Pointe Homes Inc | COM | 87265H109 |  | 55871 | 1644702 | SH |  | SOLE | 0 | 1300302 | 0 | 344400 |
| Terex Corp | COM | 880779103 |  | 5653 | 110200 | SH |  | SOLE | 0 | 83600 | 0 | 26600 |
| Taboola.com Ltd | COM | M8744T106 |  | 6764 | 1983558 | SH |  | SOLE | 0 | 1008569 | 0 | 974989 |
| SS Technologies Holdings Inc | COM | 78467J100 |  | 26149 | 294600 | SH |  | SOLE | 0 | 137800 | 0 | 156800 |
| Simon Property Group Inc | COM | 828806109 |  | 2594 | 13820 | SH |  | SOLE | 0 | 13820 | 0 | 0 |
| SB Financial Group Inc | COM | 78408D105 |  | 122 | 6300 | SH |  | SOLE | 0 | 6300 | 0 | 0 |
| RingCentral Inc | COM | 76680R206 |  | 33577 | 1184800 | SH |  | SOLE | 0 | 629200 | 0 | 555600 |
| Radiant Logistics Inc | COM | 75025X100 |  | 73 | 12400 | SH |  | SOLE | 0 | 12400 | 0 | 0 |
| Progress Software Corp | COM | 743312100 |  | 15903 | 362000 | SH |  | SOLE | 0 | 21700 | 0 | 340300 |
| Pitney Bowes Inc | COM | 724479100 |  | 13812 | 1210500 | SH |  | SOLE | 0 | 832100 | 0 | 378400 |
| Penske Automotive Group Inc | COM | 70959W103 |  | 132988 | 764692 | SH |  | SOLE | 0 | 538892 | 0 | 225800 |
| Ovintiv Inc | COM | 69047Q102 |  | 9132 | 226149 | SH |  | SOLE | 0 | 187949 | 0 | 38200 |
| Old Republic International Corp | COM | 680223104 |  | 118710 | 2795152 | SH |  | SOLE | 0 | 1478201 | 0 | 1316951 |
| Northrim BanCorp Inc | COM | 666762109 |  | 5531 | 255360 | SH |  | SOLE | 0 | 136560 | 0 | 118800 |
| Navient Corp | COM | 63938C108 |  | 44363 | 3373611 | SH |  | SOLE | 0 | 2682195 | 0 | 691416 |
| Mitek Systems Inc | COM | 606710200 |  | 1253 | 128291 | SH |  | SOLE | 0 | 81491 | 0 | 46800 |
| Meritage Homes Corp | COM | 59001A102 |  | 28306 | 390800 | SH |  | SOLE | 0 | 129500 | 0 | 261300 |
| ManpowerGroup Inc | COM | 56418H100 |  | 42432 | 1119570 | SH |  | SOLE | 0 | 633621 | 0 | 485949 |
| Linde PLC | COM | G54950103 |  | 428 | 900 | SH |  | SOLE | 0 | 900 | 0 | 0 |
| Kohl's Corp | COM | 500255104 |  | 13183 | 857700 | SH |  | SOLE | 0 | 448600 | 0 | 409100 |
| JELD-WEN Holding Inc | COM | 47580P103 |  | 600 | 122100 | SH |  | SOLE | 0 | 19900 | 0 | 102200 |
| Interface Inc | COM | 458665304 |  | 23827 | 823329 | SH |  | SOLE | 0 | 384029 | 0 | 439300 |
| Huron Consulting Group Inc | COM | 447462102 |  | 88 | 600 | SH |  | SOLE | 0 | 600 | 0 | 0 |
| Helmerich  Payne Inc | COM | 423452101 |  | 25387 | 1149262 | SH |  | SOLE | 0 | 684762 | 0 | 464500 |
| Hancock Whitney Corp | COM | 410120109 |  | 39786 | 635456 | SH |  | SOLE | 0 | 345856 | 0 | 289600 |
| Graphic Packaging Holding Co | COM | 388689101 |  | 42219 | 2157332 | SH |  | SOLE | 0 | 1442932 | 0 | 714400 |
| Genworth Financial Inc | COM | 37247D106 |  | 10120 | 1137100 | SH |  | SOLE | 0 | 341100 | 0 | 796000 |
| Fresh Del Monte Produce Inc | COM | G36738105 |  | 60109 | 1731248 | SH |  | SOLE | 0 | 903431 | 0 | 827817 |
| First Financial Bancorp | COM | 320209109 |  | 6929 | 274410 | SH |  | SOLE | 0 | 128603 | 0 | 145807 |
| Expedia Group Inc | COM | 30212P303 |  | 198137 | 926955 | SH |  | SOLE | 0 | 598525 | 0 | 328430 |
| Ennis Inc | COM | 293389102 |  | 9120 | 498906 | SH |  | SOLE | 0 | 262956 | 0 | 235950 |
| Eastman Chemical Co | COM | 277432100 |  | 79798 | 1265629 | SH |  | SOLE | 0 | 904917 | 0 | 360712 |
| Dime Community Bancshares Inc | COM | 25432X102 |  | 251 | 8400 | SH |  | SOLE | 0 | 0 | 0 | 8400 |
| Customers Bancorp Inc | COM | 23204G100 |  | 7753 | 118600 | SH |  | SOLE | 0 | 83200 | 0 | 35400 |
| Core Natural Resources Inc | COM | 218937100 |  | 15341 | 183766 | SH |  | SOLE | 0 | 106079 | 0 | 77687 |
| Columbia Banking System Inc | COM | 197236102 |  | 26836 | 1042584 | SH |  | SOLE | 0 | 405084 | 0 | 637500 |
| Citizens Financial Group Inc | COM | 174610105 |  | 338909 | 6375260 | SH |  | SOLE | 0 | 4442960 | 0 | 1932300 |
| Charles River Laboratories International Inc | COM | 159864107 |  | 46594 | 297800 | SH |  | SOLE | 0 | 149730 | 0 | 148070 |
| Capitol Federal Financial Inc | COM | 14057J101 |  | 4358 | 686350 | SH |  | SOLE | 0 | 556600 | 0 | 129750 |
| BXP Inc | COM | 101121101 |  | 416 | 5600 | SH |  | SOLE | 0 | 5600 | 0 | 0 |
| Braemar Hotels  Resorts Inc | COM | 10482B101 |  | 4694 | 1719381 | SH |  | SOLE | 0 | 651992 | 0 | 1067389 |
| Berry Corp | COM | 08579X101 |  | 576 | 152400 | SH |  | SOLE | 0 | 152400 | 0 | 0 |
| Bank of New York Mellon Corp/The | COM | 064058100 |  | 617698 | 5669038 | SH |  | SOLE | 0 | 3632738 | 0 | 2036300 |
| Asbury Automotive Group Inc | COM | 043436104 |  | 856 | 3500 | SH |  | SOLE | 0 | 3500 | 0 | 0 |
| Anglogold Ashanti Plc | COM | G0378L100 |  | 6032 | 85764 | SH |  | SOLE | 0 | 42128 | 0 | 43636 |
| American Airlines Group Inc | COM | 02376R102 |  | 15768 | 1402810 | SH |  | SOLE | 0 | 929310 | 0 | 473500 |
| AGCO Corp | COM | 001084102 |  | 234472 | 2189896 | SH |  | SOLE | 0 | 1476411 | 0 | 713485 |
| ACADIA Pharmaceuticals Inc | COM | 004225108 |  | 367 | 17200 | SH |  | SOLE | 0 | 17200 | 0 | 0 |
| Yext Inc | COM | 98585N106 |  | 255 | 29900 | SH |  | SOLE | 0 | 29900 | 0 | 0 |
| Western Union Co/The | COM | 959802109 |  | 76777 | 9609077 | SH |  | SOLE | 0 | 5374443 | 0 | 4234634 |
| Visa Inc | COM | 92826C839 |  | 2514 | 7364 | SH |  | SOLE | 0 | 7364 | 0 | 0 |
| USANA Health Sciences Inc | COM | 90328M107 |  | 209 | 7600 | SH |  | SOLE | 0 | 7600 | 0 | 0 |
| Unit Corp | COM | 909218406 |  | 216 | 7200 | SH |  | SOLE | 0 | 4800 | 0 | 2400 |
| Travel Leisure Co | COM | 894164102 |  | 94903 | 1595280 | SH |  | SOLE | 0 | 995220 | 0 | 600060 |
| Tenet Healthcare Corp | COM | 88033G407 |  | 46476 | 228900 | SH |  | SOLE | 0 | 86100 | 0 | 142800 |
| Synchronoss Technologies Inc | COM | 87157B400 |  | 254 | 41700 | SH |  | SOLE | 0 | 34600 | 0 | 7100 |
| Sonoco Products Co | COM | 835495102 |  | 34420 | 798800 | SH |  | SOLE | 0 | 304000 | 0 | 494800 |
| SIGA Technologies Inc | COM | 826917106 |  | 3828 | 418330 | SH |  | SOLE | 0 | 259542 | 0 | 158788 |
| Sandisk Corp/DE | COM | 80004C200 |  | 36871 | 328615 | SH |  | SOLE | 0 | 231757 | 0 | 96858 |
| Ribbon Communications Inc | COM | 762544104 |  | 516 | 135800 | SH |  | SOLE | 0 | 106500 | 0 | 29300 |
| Quanex Building Products Corp | COM | 747619104 |  | 2914 | 204900 | SH |  | SOLE | 0 | 30400 | 0 | 174500 |
| Princeton Bancorp Inc | COM | 74179A107 |  | 790 | 24804 | SH |  | SOLE | 0 | 20904 | 0 | 3900 |
| Piedmont Realty Trust Inc | COM | 720190206 |  | 36861 | 4095654 | SH |  | SOLE | 0 | 3270154 | 0 | 825500 |
| Pediatrix Medical Group Inc | COM | 58502B106 |  | 5122 | 305800 | SH |  | SOLE | 0 | 250200 | 0 | 55600 |
| Oshkosh Corp | COM | 688239201 |  | 245889 | 1895825 | SH |  | SOLE | 0 | 1225075 | 0 | 670750 |
| OFG Bancorp | COM | 67103X102 |  | 58713 | 1350024 | SH |  | SOLE | 0 | 849624 | 0 | 500400 |
| Nokia Oyj | COM | 654902204 |  | 793 | 164800 | SH |  | SOLE | 0 | 164800 | 0 | 0 |
| Myers Industries Inc | COM | 628464109 |  | 7325 | 432400 | SH |  | SOLE | 0 | 247100 | 0 | 185300 |
| Millrose Properties Inc | COM | 601137102 |  | 7276 | 216483 | SH |  | SOLE | 0 | 181602 | 0 | 34881 |
| Merck  Co Inc | COM | 58933Y105 |  | 444768 | 5299273 | SH |  | SOLE | 0 | 3306573 | 0 | 1992700 |
| Macy's Inc | COM | 55616P104 |  | 85350 | 4760204 | SH |  | SOLE | 0 | 3134704 | 0 | 1625500 |
| Levi Strauss  Co | COM | 52736R102 |  | 117 | 5000 | SH |  | SOLE | 0 | 5000 | 0 | 0 |
| Kite Realty Group Trust | COM | 49803T300 |  | 21189 | 950200 | SH |  | SOLE | 0 | 539900 | 0 | 410300 |
| Jazz Pharmaceuticals PLC | COM | G50871105 |  | 331063 | 2511858 | SH |  | SOLE | 0 | 1725399 | 0 | 786459 |
| Integra LifeSciences Holdings Corp | COM | 457985208 |  | 3171 | 221300 | SH |  | SOLE | 0 | 125900 | 0 | 95400 |
| HQ Sustainable Maritime Industries Inc | COM | 40426A208 |  | 0 | 2100 | SH |  | SOLE | 0 | 2100 | 0 | 0 |
| Heidrick  Struggles International Inc | COM | 422819102 |  | 14513 | 291602 | SH |  | SOLE | 0 | 195250 | 0 | 96352 |
| Halozyme Therapeutics Inc | COM | 40637H109 |  | 92850 | 1266027 | SH |  | SOLE | 0 | 581416 | 0 | 684611 |
| GoodRx Holdings Inc | COM | 38246G108 |  | 9960 | 2354581 | SH |  | SOLE | 0 | 904319 | 0 | 1450262 |
| General Motors Co | COM | 37045V100 |  | 458136 | 7514117 | SH |  | SOLE | 0 | 5052457 | 0 | 2461660 |
| Fortinet Inc | COM | 34959E109 |  | 1626 | 19335 | SH |  | SOLE | 0 | 19335 | 0 | 0 |
| First Busey Corp | COM | 319383204 |  | 29673 | 1281757 | SH |  | SOLE | 0 | 729657 | 0 | 552100 |
| EVERTEC Inc | COM | 30040P103 |  | 368 | 10900 | SH |  | SOLE | 0 | 0 | 0 | 10900 |
| Energizer Holdings Inc | COM | 29272W109 |  | 85536 | 3436574 | SH |  | SOLE | 0 | 2212871 | 0 | 1223703 |
| Dynavax Technologies Corp | COM | 268158201 |  | 89 | 9000 | SH |  | SOLE | 0 | 9000 | 0 | 0 |
| Diebold Nixdorf Inc | COM | 253651202 |  | 1585 | 27800 | SH |  | SOLE | 0 | 27800 | 0 | 0 |
| CSG Systems International Inc | COM | 126349109 |  | 88930 | 1381331 | SH |  | SOLE | 0 | 863386 | 0 | 517945 |
| Constellation Brands Inc | COM | 21036P108 |  | 33018 | 245180 | SH |  | SOLE | 0 | 174650 | 0 | 70530 |
| Cognizant Technology Solutions Corp | COM | 192446102 |  | 117338 | 1749490 | SH |  | SOLE | 0 | 688690 | 0 | 1060800 |
| Cirrus Logic Inc | COM | 172755100 |  | 292244 | 2332542 | SH |  | SOLE | 0 | 1465390 | 0 | 867152 |
| Central Garden  Pet Co | COM | 153527205 |  | 40888 | 1384619 | SH |  | SOLE | 0 | 712027 | 0 | 672592 |
| Canon Inc | COM | 138006309 |  | 5960 | 204400 | SH |  | SOLE | 0 | 41600 | 0 | 162800 |
| Bunge Global SA | COM | H11356104 |  | 168380 | 2072372 | SH |  | SOLE | 0 | 1331789 | 0 | 740583 |
| BorgWarner Inc | COM | 099724106 |  | 265679 | 6043654 | SH |  | SOLE | 0 | 4205480 | 0 | 1838174 |
| Belden Inc | COM | 077454106 |  | 5437 | 45210 | SH |  | SOLE | 0 | 26710 | 0 | 18500 |
| Banco do Brasil SA | COM | 059578104 |  | 343 | 80800 | SH |  | SOLE | 0 | 80800 | 0 | 0 |
| ARMOUR Residential REIT Inc | COM | 042315705 |  | 58 | 3860 | SH |  | SOLE | 0 | 3860 | 0 | 0 |
| Amplify Energy Corp | COM | 03212B103 |  | 517 | 98400 | SH |  | SOLE | 0 | 75600 | 0 | 22800 |
| Amazon.com Inc | COM | 023135106 |  | 19318 | 87979 | SH |  | SOLE | 0 | 87979 | 0 | 0 |
| Affiliated Managers Group Inc | COM | 008252108 |  | 114357 | 479624 | SH |  | SOLE | 0 | 316824 | 0 | 162800 |
| ABM Industries Inc | COM | 000957100 |  | 59294 | 1285656 | SH |  | SOLE | 0 | 718065 | 0 | 567591 |

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