# EDGAR Filing Document

**Accession Number:** 0000721291
**File Stem:** 0001752724-23-016771
**Filing Date:** 2023-1
**Character Count:** 60388
**Document Hash:** 4cb87a06b70f83f715a99fc5a593bd09
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-016771.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001752724-23-016771

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COPLEY FUND INC /NV/
- **CENTRAL INDEX KEY:** 0000721291
- **IRS NUMBER:** 042635880
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02815
- **FILM NUMBER:** 23563681

**BUSINESS ADDRESS:**
- **STREET 1:** 5348 VEGAS DR
- **STREET 2:** SUITE 391
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89108
- **BUSINESS PHONE:** 561-744-5932

**MAIL ADDRESS:**
- **STREET 1:** 5348 VEGAS DR
- **STREET 2:** SUITE 391
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89108

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COPLEY FUND INC /MA/
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COPLEY TAX MANAGED FUND INC
- **DATE OF NAME CHANGE:** 19870510

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COPLEY FUND INC
- **DATE OF NAME CHANGE:** 19600201

## Series and Classes Contracts Data

### COPLEY FUND INC /NV/ (Series ID: S000012789)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000034584 | COPLEY FUND INC /NV/ | coplx           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Schedule of Investments** | | |
| *November 30, 2022 - (Unaudited)* |  |  |
| **COMMON STOCKS — 100.63%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Shares</u>** | &nbsp;&nbsp;&nbsp;**<u>Fair Value</u>** |
| **Communications — 7.96%**<br> Alphabet, Inc., Class A<sup>(a)</sup> | <br> 22000 | <br> $2221780 |
| ATN International, Inc. | 4687 | 226898 |
| Electronic Arts, Inc. | 3500 | 457730 |
| Iridium Communications, Inc.<sup>(a)</sup> | 4000 | 212400 |
| Meta Platforms, Inc., Class A<sup>(a)</sup> | 2500 | 295250 |
| Netflix, Inc.<sup>(a)</sup> | 1600 | 488848 |
| Nexstar Media Group, Inc. | 4500 | 853020 |
| Omnicom Group, Inc. | 9000 | 717840 |
| T-Mobile US, Inc.<sup>(a)</sup><br> World Wrestling Entertainment, Inc., | 6000 | 908760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A | 4000 | 319520 |
| <br> **Consumer Discretionary — 10.16%** |  | <u>6702046</u> |
| Amazon.com, Inc.<sup>(a)</sup> | 13000 | 1255020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Axle & Manufacturing<br> Holdings, Inc.<sup>(a)</sup> | <br> 40000 | <br> 416400 |
| AutoZone, Inc.<sup>(a)</sup> | 200 | 515800 |
| Axon Enterprise, Inc.<sup>(a)</sup> | 1200 | 220836 |
| BJ's Restaurants, Inc.<sup>(a)</sup> | 6000 | 192480 |
| Deckers Outdoor Corp.<sup>(a)</sup> | 1200 | 478656 |
| Dick's Sporting Goods, Inc. | 2500 | 298950 |
| Ethan Allen Interiors, Inc. | 6000 | 170700 |
| Harley-Davidson, Inc. | 4000 | 188520 |
| Hibbett, Inc. | 6250 | 416625 |
| McDonald's Corp. | 3000 | 818370 |
| O'Reilly Automotive, Inc.<sup>(a)</sup> | 750 | 648405 |
| Oxford Industries, Inc. | 4000 | 451440 |
| Ross Stores, Inc. | 2000 | 235340 |
| Starbucks Corp. | 2800 | 286160 |
| Tesla, Inc.<sup>(a)</sup> | 3000 | 584100 |
| Texas Roadhouse, Inc. | 2800 | 278096 |
| Ulta Beauty, Inc.<sup>(a)</sup> | 1600 | 743744 |
| Visteon Corp.<sup>(a)</sup> | 1200 | 176160 |
| Wynn Resorts Ltd.<sup>(a)</sup> | 2200 | 184052 |
| <br> **Consumer Staples — 7.55%** |  | <u>8559854</u> |
| BJ's Wholesale Club Holdings, Inc.<sup>(a)</sup> | 4700 | 353628 |
| Constellation Brands, Inc., Class A | 1400 | 360290 |
| Costco Wholesale Corp. | 850 | 458363 |
| Flowers Foods, Inc. | 8000 | 240400 |
| General Mills, Inc. | 11695 | 997583 |
| Hershey Co. (The) | 800 | 188136 |
| Kellogg Co. | 6500 | 474175 |
| Lamb Weston Holdings, Inc. | 8500 | 738650 |
| PepsiCo, Inc. | 5000 | 927550 |
| Performance Food Group Co.<sup>(a)</sup> | 3000 | 182940 |
| Sysco Corp. | 5200 | 449852 |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS — 100.63% - continued** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Shares</u>** | &nbsp;&nbsp;&nbsp;**<u>Fair Value</u>** |
| **Consumer Staples — 7.55% - continued** |  |  |
| Walmart, Inc. | 6500 | $990730 |
|  |  | <u>6362297</u> |
| **Energy — 9.95%** |  |  |
| Chevron Corp. | 7650 | 1402322 |
| ConocoPhillips | 7000 | 864570 |
| CVR Energy, Inc. | 15000 | 552750 |
| Diamondback Energy, Inc. | 1100 | 162822 |
| Enphase Energy, Inc.<sup>(a)</sup> | 3000 | 961770 |
| Exxon Mobil Corp. | 14000 | 1558760 |
| Helmerich & Payne, Inc. | 5500 | 280940 |
| Murphy USA, Inc. | 3500 | 1035335 |
| NOW, Inc.<sup>(a)</sup> | 45000 | 561600 |
| Occidental Petroleum Corp. | 2300 | 159827 |
| Pioneer Natural Resources Co. | 2800 | 660772 |
| Schlumberger N.V. | 3500 | 180425 |
|  |  | <u>8381893</u> |
| **Financials — 11.04%** |  |  |
| Ameriprise Financial, Inc. | 3100 | 1029045 |
| Arthur J Gallagher & Co. | 3000 | 597330 |
| Bank of America Corp. | 5000 | 189250 |
| Banner Corp. | 2500 | 176550 |
| Berkshire Hathaway, Inc., Class B<sup>(a)</sup> | 2500 | 796500 |
| Cboe Global Markets, Inc. | 3000 | 380520 |
| Commerce Bancshares, Inc. | 4000 | 299680 |
| Cullen/Frost Bankers, Inc. | 1500 | 217605 |
| Glacier Bancorp, Inc. | 10500 | 607950 |
| Goldman Sachs Group, Inc. (The) | 1000 | 386150 |
| Huntington Bancshares, Inc. | 10000 | 154800 |
| JPMorgan Chase & Co. | 4700 | 649446 |
| Nasdaq, Inc. | 6000 | 410760 |
| NBT Bancorp, Inc. | 6500 | 300040 |
| Principal Financial Group, Inc. | 10000 | 896800 |
| Raymond James Financial, Inc. | 6300 | 736470 |
| Trustmark Corp. | 16000 | 585280 |
| Unum Group | 21000 | 885780 |
|  |  | <u>9299956</u> |
| **Health Care — 14.79%** |  |  |
| Agilent Technologies, Inc. | 6680 | 1035266 |
| AmerisourceBergen Corp. | 7980 | 1362106 |
| Amgen, Inc. | 2900 | 830560 |
| Anthem, Inc. | 1600 | 852672 |
| Bristol-Myers Squibb Co. | 7000 | 561960 |
| Cardinal Health, Inc. | 5200 | 416884 |
| Charles River Laboratories |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International, Inc.<sup>(a)</sup> | 722 | 165028 |
| Eli Lilly and Co. | 4310 | 1599354 |
| Ensign Group, Inc. (The) | 6300 | 598500 |
| Gilead Sciences, Inc. | 6666 | 585475 |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS — 100.63% - continued**<br> **Health Care — 14.79% - continued** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Shares</u>** | &nbsp;&nbsp;&nbsp;**<u>Fair Value</u>** |
| McKesson Corp. | 2500 | $954200 |
| Merck & Co., Inc. | 7999 | 880850 |
| Regeneron Pharmaceuticals, Inc.<sup>(a)</sup> | 750 | 563775 |
| UnitedHealth Group, Inc. | 2300 | 1259848 |
| Vertex Pharmaceuticals, Inc.<sup>(a)</sup> | 2500 | 791000 |
|  |  | <u>12457478</u> |
| **Industrials — 7.70%** |  |  |
| Belden, Inc. | 2200 | 176968 |
| Caterpillar, Inc. | 1000 | 236410 |
| Comfort Systems USA, Inc. | 1200 | 152112 |
| Dorian, L.P.G Ltd. | 17000 | 330990 |
| Fluor Corp.<sup>(a)</sup> | 17000 | 571370 |
| Forward Air Corp. | 4000 | 449480 |
| Howmet Aerospace, Inc. | 12000 | 452040 |
| Insperity, Inc. | 4001 | 474319 |
| Keysight Technologies, Inc.<sup>(a)</sup> | 3200 | 578848 |
| Kirby Corp.<sup>(a)</sup> | 2800 | 195412 |
| Lockheed Martin Corp. | 1600 | 776304 |
| Northrop Grumman Corp. | 400 | 213316 |
| nVent Electric PLC - United |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kingdom | 10000 | 400100 |
| Quanta Services, Inc. | 5500 | 824340 |
| Republic Services, Inc. | 3400 | 473586 |
| WW Grainger, Inc. | 300 | 180918 |
|  |  | <u>6486513</u> |
| **Materials — 2.78%** |  |  |
| Air Products and Chemicals, Inc. | 1600 | 496256 |
| Albemarle Corp. | 2400 | 667176 |
| Ashland Global Holdings, Inc. | 3000 | 335610 |
| Commercial Metals Co. | 1000 | 49220 |
| Corteva, Inc. | 8500 | 570860 |
| FMC Corp. | 1000 | 130640 |
| Warrior Met Coal, Inc. | 2500 | 92050 |
|  |  | <u>2341812</u> |
| **Real Estate — 1.54%** |  |  |
| CareTrust REIT, Inc. | 17000 | 336600 |
| Getty Realty Corp. | 5000 | 165100 |
| Omega Healthcare Investors, Inc. | 5000 | 151400 |
| Simon Property Group, Inc. | 2500 | 298600 |
| VICI Properties, Inc. | 10000 | 342000 |
|  |  | <u>1293700</u> |
| **Technology — 24.77%** |  |  |
| A10 Networks, Inc. | 20000 | 374200 |
| Agilysys, Inc.<sup>(a)</sup> | 8000 | 531200 |
| Amkor Technology, Inc. | 12000 | 336240 |
| Apple, Inc. | 35000 | 5181049 |
| Arista Networks, Inc.<sup>(a)</sup> | 3500 | 487550 |
| Automatic Data Processing, Inc. | 4975 | 1314097 |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS — 100.63% - continued**<br> **Technology — 24.77% - continued** | &nbsp;&nbsp;&nbsp;**<u>Shares</u>** | &nbsp;&nbsp;&nbsp;**<u>Fair Value</u>** |
| Cadence Design Systems, Inc.<sup>(a)</sup> | 2000 | $344080 |
| Cohu, Inc.<sup>(a)</sup> | 12500 | 447750 |
| Fabrinet<sup>(a)</sup> | 1800 | 240138 |
| FactSet Research Systems, Inc. | 1300 | 599677 |
| Gartner, Inc.<sup>(a)</sup> | 1000 | 350370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; International Business Machines<br> Corp. | <br> 2200 | <br> 327580 |
| Jabil, Inc. | 8000 | 577520 |
| KLA Corp. | 900 | 353835 |
| Lattice Semiconductor Corp.<sup>(a)</sup> | 5500 | 400565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MACOM Technology Solutions<br> Holdings, Inc.<sup>(a)</sup> | <br> 6200 | <br> 425878 |
| Mastercard, Inc., Class A | 1000 | 356400 |
| Microsoft Corp. | 15000 | 3827100 |
| NVIDIA Corp. | 4000 | 676920 |
| ON Semiconductor Corp.<sup>(a)</sup> | 8000 | 601600 |
| Paychex, Inc. | 6000 | 744180 |
| Progress Software Corp. | 9000 | 479880 |
| PTC, Inc.<sup>(a)</sup> | 4300 | 547003 |
| Sanmina Corp.<sup>(a)</sup> | 9000 | 594810 |
| Visa, Inc., Class A | 2600 | 564200 |
| Vishay Intertechnology, Inc. | 8000 | 184320 |
| <br> **Utilities — 2.39%** |  | <u>20868142</u> |
| AES Corp. (The) | 10000 | 289200 |
| Constellation Energy Corp. | 7000 | 672840 |
| NextEra Energy, Inc. | 4000 | 338800 |
| NRG Energy, Inc. | 7000 | 297150 |
| Vistra Corp. | 17000 | 413610 |
|  |  | <u>2011600</u> |
| **Total Common Stocks (Cost $74,724,885)** |  | <u>84765291</u> |
| **MONEY MARKET FUNDS** - **0.54%** |  |  |
| First American Government Obligations Fund, Class X, 3.67%<sup>(b)</sup> | &nbsp;&nbsp;455113 | <u>455113</u> |
| **Total Money Market Funds (Cost $455,113)** |  | <u>455113</u> |
| **Total Investments — 101.17% (Cost $75,179,998)** |  | <u>85220404</u> |
| **Liabilities in Excess of Other Assets — (1.17)%** |  | <u>(982606)</u> |
| **NET ASSETS — 100.00%** |  | <u>$84237798</u> |
| (a) Non-income producing security.<br> (b) Rate disclosed is the seven day effective yield as of November 30, 2022. |  |  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Copley Fund, Inc

- **b. Investment Company Act file number:** 811-02815

- **c. CIK number of Registrant:** 0000721291

- **d. LEI of Registrant:** 549300TOTULVUMVLY367

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

  - **Street Address 1:** 5348 VEGAS DR

  - **City:** LAS VEGAS

  - **State:** NV

  - **Foreign country:** US

  - **Zip / Postal Code:** 89108

  - **Telephone number:** 561-744-5932

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

- **a. Name of Series:** Copley Fund, Inc.

- **b. EDGAR series identifier (if any):** S000012789

- **c. LEI of Series:** 549300TOTULVUMVLY367

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $85390037.79

**Total Liabilities:** $1152239.65

**Net Assets:** $84237798.14

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000034584 | -6.56%               | 6.92%                | 3.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-114716.71              | $-6789471.12                               |
| Month 2  | $-1220825.00             | $8069242.54                                |
| Month 3  | $-702019.99              | $3332236.98                                |

### Schedule of Portfolio Investments

| Name                                           | Title                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| General Mills, Inc.                            | GENERAL MILLS IN          | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     11695 | NS      | $997583.50    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                  | ALPHABET INC-A            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     22000 | NS      | $2221780.00   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corporation              | LATTICE SEMICOND          | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |      5500 | NS      | $400565.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies, Inc.                    | KEYSIGHT TEC              | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |      3200 | NS      | $578848.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| AmerisourceBergen Corporation                  | AMERISOURCEBERGE          | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      7980 | NS      | $1362106.20   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors, Inc.               | OMEGA HEALTHCARE          | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |      5000 | NS      | $151400.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Amkor Technology, Inc.                         | AMKOR TECH INC            | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               | CORP              | US        |     12000 | NS      | $336240.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corporation                         | MCDONALDS CORP            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      3000 | NS      | $818370.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Grainger W W Inc                               | WW GRAINGER INC           | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |       300 | NS      | $180918.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                                | ROSS STORES INC           | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      2000 | NS      | $235340.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.                | REGENERON PHARM           | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       750 | NS      | $563775.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                       | O'REILLY AUTOMOT          | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |       750 | NS      | $648405.00    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Forward Air Corp.                              | FORWARD AIR CORP          | CUSIP: 349853101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $449480.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corporation                    | BANK OF AMERICA           | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      5000 | NS      | $189250.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                                | CATERPILLAR INC           | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      1000 | NS      | $236410.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interiors Inc.                     | ETHAN ALLEN               | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6000 | NS      | $170700.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                                | ULTA BEAUTY INC           | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      1600 | NS      | $743744.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                          | MICROSOFT CORP            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     15000 | NS      | $3827100.00   | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Visteon Corporation                            | VISTEON CORP              | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |      1200 | NS      | $176160.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CVR Energy Inc                                 | CVR ENERGY INC            | CUSIP: 12662P108<br>LEI: 529900SOYZIXZBTXB558 | Long             | EC               | CORP              | US        |     15000 | NS      | $552750.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                    | DICK'S SPORTING           | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |      2500 | NS      | $298950.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Holdings Inc.       | MACOM TECHNOLOGY SOLUTION | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6200 | NS      | $425878.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corporation                   | NORTHROP GRUMMAN          | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |       400 | NS      | $213316.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods, Inc.                            | FLOWERS FOODS             | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |      8000 | NS      | $240400.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                    | WALMART INC               | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      6500 | NS      | $990730.00    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Incorporated             | HUNTINGTON BANC           | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |     10000 | NS      | $154800.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                                   | AGILYSYS INC              | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |      8000 | NS      | $531200.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                        | NEXSTAR MEDIA             | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      4500 | NS      | $853020.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                    | PAYCHEX INC               | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |      6000 | NS      | $744180.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp.                         | ON SEMICONDUCTOR          | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |      8000 | NS      | $601600.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc                        | CBOE GLOBAL MARK          | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      3000 | NS      | $380520.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories International, Inc. | CHARLES RIVER LA          | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |       722 | NS      | $165027.54    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland Inc.                                   | ASHLAND INC               | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |      3000 | NS      | $335610.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| American Axle & Manufacturing Holdings Inc.    | AMER AXLE & MFG           | CUSIP: 024061103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40000 | NS      | $416400.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                       | FABRINET                  | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |      1800 | NS      | $240138.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                      | TESLA INC                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      3000 | NS      | $584100.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc.                      | AGILENT TECH INC          | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      6680 | NS      | $1035266.40   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                            | TEXAS ROADHOUS            | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      2800 | NS      | $278096.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                                   | SANMINA CORP              | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |      9000 | NS      | $594810.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                     | KIRBY CORP                | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |      2800 | NS      | $195412.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips Co.                             | CONOCOPHILLIPS            | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      7000 | NS      | $864570.00    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Company                 | PERFORMANCE FOOD          | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |      3000 | NS      | $182940.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu Inc                                       | COHU INC                  | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |     12500 | NS      | $447750.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Company                      | COMMERCIAL METAL          | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |      1000 | NS      | $49220.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                                | ELI LILLY & CO            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      4310 | NS      | $1599354.80   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                               | MERCK & CO                | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      7999 | NS      | $880849.88    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                        | REPUBLIC SVCS             | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      3400 | NS      | $473586.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                       | SIMON PROPERTY            | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      2500 | NS      | $298600.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corporation                              | FLUOR CORP                | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     17000 | NS      | $571370.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Autozone, Inc.                                 | AUTOZONE INC              | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       200 | NS      | $515800.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology, Inc.                   | VISHAY INTERTECH          | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |      8000 | NS      | $184320.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NOW Inc.                                       | NOW INC                   | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |     45000 | NS      | $561600.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                      | GOLDMAN SACHS GP          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1000 | NS      | $386150.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                        | PTC INC                   | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      4300 | NS      | $547003.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.                | AUTOMATIC DATA            | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      4975 | NS      | $1314096.50   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc                       | LAMB WESTON               | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |      8500 | NS      | $738650.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                          | CARDINAL HEALTH           | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      5200 | NS      | $416884.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company                   | BRISTOL-MYER SQB          | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      7000 | NS      | $561960.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation                   | COSTCO WHOLESALE          | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       850 | NS      | $458362.50    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Progress Software Corp.                        | PROGRESS SOFTWAR          | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |      9000 | NS      | $479880.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corporation               | OCCIDENTAL PETE           | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |      2300 | NS      | $159827.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                                 | ALBEMARLE CORP            | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |      2400 | NS      | $667176.00    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc.                       | COMFORT SYSTEMS           | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      1200 | NS      | $152112.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                     | AMGEN INC                 | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      2900 | NS      | $830560.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corp                                    | BANNER CORPORATI          | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2500 | NS      | $176550.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Trustmark Corp                                 | TRUSTMARK CORP            | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |     16000 | NS      | $585280.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp Inc.                           | GLACIER BANCORP           | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |     10500 | NS      | $607950.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Caretrust Reit Inc                             | CARETRUST REI             | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     17000 | NS      | $336600.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Energy Corporation                      | VISTRA CORP               | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     17000 | NS      | $413610.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group                      | PRINCIPAL FINL            | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     10000 | NS      | $896800.00    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson, Inc.                          | HARLEY-DAVIDSON           | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |      4000 | NS      | $188520.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co (The)                               | HERSHEY CO/THE            | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |       800 | NS      | $188136.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vici Properties Inc                            | VICI PROPERTIES           | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     10000 | NS      | $342000.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextera Energy Inc                             | NEXTERA ENERGY            | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $338800.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corporation                           | MCKESSON CORP             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      2500 | NS      | $954200.00    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                     | CONSTELLATION-A           | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      1400 | NS      | $360290.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.                     | CONSTELLATION EN          | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      7000 | NS      | $672840.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                               | NRG ENERGY                | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      7000 | NS      | $297150.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorian LPG Ltd.                                | DORIAN LPG LTD            | CUSIP: Y2106R110<br>LEI: 549300WP1W2WGMC7F395 | Long             | EC               | CORP              | MH        |     17000 | NS      | $330990.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                             | META PLATFORMS-A          | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2500 | NS      | $295250.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc                 | BJ'S WHOLESALE C          | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      4700 | NS      | $353628.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                | T-MOBILE US INC           | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      6000 | NS      | $908760.00    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc.                  | FACTSET RESEARCH          | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |      1300 | NS      | $599677.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                        | UNITEDHEALTH GRP          | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      2300 | NS      | $1259848.00   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                     | APPLE INC                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     35000 | NS      | $5181050.00   | 6.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ATN International Inc.                         | ATN INTERNATIONA          | CUSIP: 00215F107<br>LEI: 54930013NP7VEU877V56 | Long             | EC               | CORP              | US        |      4687 | NS      | $226897.67    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corporation                              | SYSCO CORP                | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      5200 | NS      | $449852.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corporation                            | CHEVRON CORP              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7650 | NS      | $1402321.50   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                                  | INSPERITY INC             | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |      4001 | NS      | $474318.55    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc                               | ENSIGN GROUP INC          | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      6300 | NS      | $598500.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp                              | GETTY REALTY              | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |      5000 | NS      | $165100.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallagher Aj &Co                               | ARTHUR J GALLAGH          | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      3000 | NS      | $597330.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corporation                    | DECKERS OUTDOOR           | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      1200 | NS      | $478656.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers, Inc.                     | CULLEN/FROST              | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |      1500 | NS      | $217605.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hibbett Inc                                    | HIBBETT INC               | CUSIP: 428567101<br>LEI: 529900RD6P643J1CZM55 | Long             | EC               | CORP              | US        |      6250 | NS      | $416625.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corporation                                | KLA CORP                  | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       900 | NS      | $353835.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corporation                                | FMC CORP                  | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |      1000 | NS      | $130640.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Limited                           | WYNN RESORTS LTD          | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |      2200 | NS      | $184052.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                   | NVIDIA CORP               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      4000 | NS      | $676920.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Incorporation                          | GARTNER INC               | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |      1000 | NS      | $350370.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                           | SCHLUMBERGER LTD          | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |      3500 | NS      | $180425.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                               | AMAZON.COM INC            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     13000 | NS      | $1255020.00   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.                   | CADENCE DESIGN            | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      2000 | NS      | $344080.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated            | VERTEX PHARM              | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      2500 | NS      | $791000.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products & Chemicals, Inc.                 | AIR PRODS & CHEM          | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      1600 | NS      | $496256.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| A10 Networks Inc                               | A10 NETWORKS INC          | CUSIP: 002121101<br>LEI: 549300UQD4IWUML81Q35 | Long             | EC               | CORP              | US        |     20000 | NS      | $374200.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc                             | ENPHASE ENERGY            | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      3000 | NS      | $961770.00    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                            | AXON ENTERPRISE           | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      1200 | NS      | $220836.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                        | MASTERCARD INC-A          | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1000 | NS      | $356400.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences, Inc.                          | GILEAD SCIENCES           | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      6666 | NS      | $585474.78    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                           | JPMORGAN CHASE            | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      4700 | NS      | $649446.00    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc                        | COMMERCE BCSHS            | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $299680.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                         | DIAMONDBACK ENER          | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      1100 | NS      | $162822.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                            | ARISTA NETWORKS           | CUSIP: 040413106<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      3500 | NS      | $487550.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                       | VISA INC-CLASS A          | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      2600 | NS      | $564200.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc.                   | RAYMOND JAMES             | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      6300 | NS      | $736470.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.                           | ELECTRONIC ARTS           | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      3500 | NS      | $457730.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| World Wrestling Entertainment, Inc.            | WORLD WRESTLIN-A          | CUSIP: 98156Q108<br>LEI: 549300WZVLSCS3L4L698 | Long             | EC               | CORP              | US        |      4000 | NS      | $319520.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                              | OMNICOM GROUP             | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |      9000 | NS      | $717840.00    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corporation                          | STARBUCKS CORP            | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      2800 | NS      | $286160.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                     | NASDAQ INC                | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      6000 | NS      | $410760.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Helmerich & Payne Inc                          | HELMERICH & PAYN          | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |      5500 | NS      | $280940.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications, Inc.                   | IRIDIUM COMMUNIC          | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |      4000 | NS      | $212400.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BJS Restaurants In                             | BJ'S RESTAURANTS          | CUSIP: 09180C106<br>LEI: 5299000EOW66I1OJNQ23 | Long             | EC               | CORP              | US        |      6000 | NS      | $192480.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERN FDS INC                            | FRST AM-GV OB-X           | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    455113 | PA      | $455113.17    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc.                           | ELEVANCE HEALTH           | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      1600 | NS      | $852672.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Natural Resources Company              | PIONEER NATURAL           | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |      2800 | NS      | $660772.00    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                        | BERKSHIRE HATH-B          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      2500 | NS      | $796500.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                    | CORTEVA INC               | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |      8500 | NS      | $570860.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Warrior Met Coal Inc                           | WARRIOR MET COAL          | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               | CORP              | US        |      2500 | NS      | $92050.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                           | HOWMET AEROSPACE          | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     12000 | NS      | $452040.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries, Inc.                        | OXFORD INDS INC           | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |      4000 | NS      | $451440.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NBT Bancorp Inc                                | NBT BANCORP INC           | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6500 | NS      | $300040.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                     | UNUM GROUP                | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     21000 | NS      | $885780.00    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                     | AMERIPRISE FINAN          | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      3100 | NS      | $1029045.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                                      | JABIL INC                 | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      8000 | NS      | $577520.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Kellogg Company                                | KELLOGG CO                | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |      6500 | NS      | $474175.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                          | QUANTA SERVICES           | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      5500 | NS      | $824340.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                  | NETFLIX INC               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      1600 | NS      | $488848.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corporation    | IBM                       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      2200 | NS      | $327580.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| The AES Corporation                            | AES CORP                  | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |     10000 | NS      | $289200.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc.                                | MURPHY USA INC            | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |      3500 | NS      | $1035335.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc.                                    | BELDEN INC                | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |      2200 | NS      | $176968.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corporation                        | EXXON MOBIL CORP          | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     14000 | NS      | $1558760.00   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| NVent Electric PLC                             | NVENT ELECTRIC            | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     10000 | NS      | $400100.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corporation                    | LOCKHEED MARTIN           | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      1600 | NS      | $776304.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                                    | PEPSICO INC               | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      5000 | NS      | $927550.00    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-28

**Name of Applicant:** Copley Fund, Inc

**Signature:** David Faust

**Name of Signer:** David Faust

**Title:** Secretary