# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0000035402-25-002896
**Filing Date:** 2025-12
**Character Count:** 61257
**Document Hash:** 39fd41ecd49651f774899ff284d65de3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-002896.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0000035402-25-002896

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY COVINGTON TRUST
- **CENTRAL INDEX KEY:** 0000945908

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07319
- **FILM NUMBER:** 251599794

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity Fundamental Large Cap Value ETF (Series ID: S000084016)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000248142 | Fidelity Fundamental Large Cap Value ETF | FFLV            |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Fundamental Large Cap Value ETF**

**October 31, 2025**

CVE-NPRT1-1225

1.9911033.101 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 99.8%** | &nbsp;&nbsp;**Common Stocks - 99.8%** | &nbsp;&nbsp;**Common Stocks - 99.8%** |
|  | Shares | Value ($)<br>|
| CANADA - 0.9%  |  |  |
| Energy - 0.9% |  |  |
| Oil, Gas & Consumable Fuels - 0.9% |  |  |
| Canadian Natural Resources Ltd  | 3176 | 101606 |
| FRANCE - 0.2%  |  |  |
| Information Technology - 0.2% |  |  |
| IT Services - 0.2% |  |  |
| Capgemini SE  | 118 | 18157 |
| TAIWAN - 1.0%  |  |  |
| Information Technology - 1.0% |  |  |
| Semiconductors & Semiconductor Equipment - 1.0% |  |  |
| Taiwan Semiconductor Manufacturing Co Ltd ADR  | 404 | 121374 |
| UNITED KINGDOM - 1.1%  |  |  |
| Health Care - 1.1% |  |  |
| Pharmaceuticals - 1.1% |  |  |
| Astrazeneca PLC ADR  | 1505 | 124012 |
| UNITED STATES - 96.6%  |  |  |
| Communication Services - 7.5% |  |  |
| Diversified Telecommunication Services - 0.3% |  |  |
| Verizon Communications Inc  | 819 | 32547 |
| Entertainment - 0.4% |  |  |
| Walt Disney Co/The  | 367 | 41332 |
| Interactive Media & Services - 4.7% |  |  |
| Alphabet Inc Class A  | 1959 | 550851 |
| Media - 1.6% |  |  |
| Comcast Corp Class A  | 6138 | 170852 |
| Nexstar Media Group Inc  | 91 | 17811 |
|  |  | 188663 |
| Wireless Telecommunication Services - 0.5% |  |  |
| T-Mobile US Inc  | 305 | 64065 |
| TOTAL COMMUNICATION SERVICES |  | 877458 |
| Consumer Discretionary - 7.2% |  |  |
| Broadline Retail - 0.5% |  |  |
| Amazon.com Inc (a) | 260 | 63497 |
| Diversified Consumer Services - 0.3% |  |  |
| H&R Block Inc  | 777 | 38648 |
| Hotels, Restaurants & Leisure - 0.3% |  |  |
| Hilton Grand Vacations Inc (a) | 816 | 33823 |
| Household Durables - 2.2% |  |  |
| PulteGroup Inc  | 417 | 49986 |
| Somnigroup International Inc  | 1392 | 110441 |
| TopBuild Corp (a) | 225 | 95058 |
|  |  | 255485 |
| Leisure Products - 0.3% |  |  |
| Hasbro Inc  | 458 | 34950 |
| Specialty Retail - 3.1% |  |  |
| Bath & Body Works Inc  | 706 | 17283 |
| Dick's Sporting Goods Inc  | 248 | 54920 |
| Lithia Motors Inc Class A  | 160 | 50253 |
| Lowe's Cos Inc  | 503 | 119780 |
| Murphy USA Inc  | 99 | 35462 |
| Signet Jewelers Ltd  | 519 | 51303 |
| Upbound Group Inc  | 1487 | 28818 |
|  |  | 357819 |
| Textiles, Apparel & Luxury Goods - 0.5% |  |  |
| Tapestry Inc  | 531 | 58314 |
| TOTAL CONSUMER DISCRETIONARY |  | 842536 |
| Consumer Staples - 6.7% |  |  |
| Beverages - 2.1% |  |  |
| Coca-Cola Co/The  | 1509 | 103970 |
| Keurig Dr Pepper Inc  | 3457 | 93892 |
| Primo Brands Corp Class A  | 2028 | 44555 |
|  |  | 242417 |
| Consumer Staples Distribution & Retail - 2.6% |  |  |
| BJ's Wholesale Club Holdings Inc (a) | 440 | 38834 |
| Dollar Tree Inc (a) | 400 | 39648 |
| US Foods Holding Corp (a) | 3003 | 218078 |
|  |  | 296560 |
| Food Products - 1.0% |  |  |
| Bunge Global SA  | 433 | 40962 |
| Darling Ingredients Inc (a) | 1176 | 37691 |
| Ingredion Inc  | 332 | 38316 |
|  |  | 116969 |
| Household Products - 1.0% |  |  |
| Colgate-Palmolive Co  | 1371 | 105636 |
| Procter & Gamble Co/The  | 96 | 14435 |
|  |  | 120071 |
| TOTAL CONSUMER STAPLES |  | 776017 |
| Energy - 6.9% |  |  |
| Oil, Gas & Consumable Fuels - 6.9% |  |  |
| Core Natural Resources Inc  | 400 | 31600 |
| Exxon Mobil Corp  | 3768 | 430908 |
| Phillips 66  | 193 | 26275 |
| Shell PLC ADR  | 2989 | 223936 |
| Targa Resources Corp  | 589 | 90730 |
|  |  | 803449 |
| Financials - 21.7% |  |  |
| Banks - 9.6% |  |  |
| Bank of America Corp  | 7186 | 384092 |
| East West Bancorp Inc  | 104 | 10566 |
| First Citizens BancShares Inc/NC Class A  | 23 | 41971 |
| JPMorgan Chase & Co  | 303 | 94269 |
| M&T Bank Corp  | 266 | 48909 |
| PNC Financial Services Group Inc/The  | 262 | 47828 |
| US Bancorp  | 1813 | 84631 |
| Wells Fargo & Co  | 4472 | 388931 |
|  |  | 1101197 |
| Capital Markets - 2.1% |  |  |
| Ameriprise Financial Inc  | 137 | 62029 |
| Blackrock Inc  | 66 | 71466 |
| Charles Schwab Corp/The  | 404 | 38186 |
| State Street Corp  | 586 | 67777 |
|  |  | 239458 |
| Consumer Finance - 1.4% |  |  |
| Capital One Financial Corp  | 343 | 75457 |
| OneMain Holdings Inc  | 1222 | 72330 |
| SLM Corp  | 775 | 20808 |
|  |  | 168595 |
| Financial Services - 2.0% |  |  |
| Apollo Global Management Inc  | 1185 | 147307 |
| Berkshire Hathaway Inc Class B (a) | 138 | 65901 |
| PennyMac Financial Services Inc  | 172 | 21639 |
|  |  | 234847 |
| Insurance - 6.6% |  |  |
| American Financial Group Inc/OH  | 723 | 95205 |
| Chubb Ltd  | 259 | 71727 |
| Hartford Insurance Group Inc/The  | 2480 | 307967 |
| Travelers Companies Inc/The  | 1107 | 297362 |
|  |  | 772261 |
| TOTAL FINANCIALS |  | 2516358 |
| Health Care - 10.3% |  |  |
| Biotechnology - 2.3% |  |  |
| AbbVie Inc  | 261 | 56908 |
| Gilead Sciences Inc  | 1805 | 216221 |
|  |  | 273129 |
| Health Care Equipment & Supplies - 0.1% |  |  |
| QuidelOrtho Corp (a) | 614 | 16572 |
| Health Care Providers & Services - 3.4% |  |  |
| Acadia Healthcare Co Inc (a) | 1698 | 36507 |
| Cencora Inc  | 70 | 23646 |
| Cigna Group/The  | 495 | 120983 |
| CVS Health Corp  | 2185 | 170758 |
| Molina Healthcare Inc (a) | 326 | 49898 |
|  |  | 401792 |
| Pharmaceuticals - 4.5% |  |  |
| GSK PLC ADR  | 2029 | 95079 |
| Johnson & Johnson  | 1158 | 218711 |
| Merck & Co Inc  | 2263 | 194573 |
|  |  | 508363 |
| TOTAL HEALTH CARE |  | 1199856 |
| Industrials - 13.1% |  |  |
| Aerospace & Defense - 2.5% |  |  |
| GE Aerospace  | 65 | 20082 |
| General Dynamics Corp  | 251 | 86570 |
| Lockheed Martin Corp  | 305 | 150023 |
| Northrop Grumman Corp  | 59 | 34424 |
|  |  | 291099 |
| Air Freight & Logistics - 1.0% |  |  |
| FedEx Corp  | 263 | 66755 |
| GXO Logistics Inc (a) | 886 | 49802 |
|  |  | 116557 |
| Building Products - 0.8% |  |  |
| Builders FirstSource Inc (a) | 483 | 56110 |
| UFP Industries Inc  | 370 | 34088 |
|  |  | 90198 |
| Commercial Services & Supplies - 0.3% |  |  |
| Brink's Co/The  | 278 | 30902 |
| Construction & Engineering - 0.5% |  |  |
| EMCOR Group Inc  | 83 | 56090 |
| Electrical Equipment - 0.6% |  |  |
| Regal Rexnord Corp  | 521 | 73404 |
| Ground Transportation - 2.4% |  |  |
| CSX Corp  | 1271 | 45781 |
| Norfolk Southern Corp  | 283 | 80197 |
| Ryder System Inc  | 55 | 9307 |
| Saia Inc (a) | 119 | 34808 |
| U-Haul Holding Co (a) | 1314 | 69852 |
| XPO Inc (a) | 277 | 39852 |
|  |  | 279797 |
| Machinery - 4.2% |  |  |
| Allison Transmission Holdings Inc  | 863 | 71241 |
| CNH Industrial NV Class A  | 3482 | 36526 |
| Cummins Inc  | 228 | 99791 |
| Dover Corp  | 458 | 83109 |
| Gates Industrial Corp PLC (a) | 2261 | 49923 |
| Oshkosh Corp  | 470 | 57946 |
| Terex Corp  | 343 | 15784 |
| Westinghouse Air Brake Technologies Corp  | 356 | 72781 |
|  |  | 487101 |
| Professional Services - 0.5% |  |  |
| SS&C Technologies Holdings Inc  | 705 | 59869 |
| Trading Companies & Distributors - 0.3% |  |  |
| Herc Holdings Inc  | 286 | 40626 |
| TOTAL INDUSTRIALS |  | 1525643 |
| Information Technology - 10.5% |  |  |
| Communications Equipment - 3.4% |  |  |
| Ciena Corp (a) | 65 | 12345 |
| Cisco Systems Inc  | 5245 | 383462 |
|  |  | 395807 |
| Electronic Equipment, Instruments & Components - 0.7% |  |  |
| Arrow Electronics Inc (a) | 400 | 44619 |
| Avnet Inc  | 979 | 47433 |
|  |  | 92052 |
| IT Services - 0.9% |  |  |
| Accenture PLC Class A  | 117 | 29262 |
| Amdocs Ltd  | 880 | 74149 |
|  |  | 103411 |
| Semiconductors & Semiconductor Equipment - 2.3% |  |  |
| First Solar Inc (a) | 199 | 53121 |
| ON Semiconductor Corp (a) | 1522 | 76222 |
| QUALCOMM Inc  | 753 | 136218 |
|  |  | 265561 |
| Software - 2.3% |  |  |
| Gen Digital Inc  | 2394 | 63106 |
| Salesforce Inc  | 766 | 199474 |
|  |  | 262580 |
| Technology Hardware, Storage & Peripherals - 0.9% |  |  |
| Western Digital Corp  | 721 | 108301 |
| TOTAL INFORMATION TECHNOLOGY |  | 1227712 |
| Materials - 4.1% |  |  |
| Chemicals - 0.7% |  |  |
| Corteva Inc  | 666 | 40919 |
| Mosaic Co/The  | 1454 | 39912 |
|  |  | 80831 |
| Construction Materials - 1.6% |  |  |
| CRH PLC  | 1511 | 179960 |
| Containers & Packaging - 0.6% |  |  |
| Crown Holdings Inc  | 155 | 15063 |
| Smurfit WestRock PLC  | 1626 | 60032 |
|  |  | 75095 |
| Metals & Mining - 1.2% |  |  |
| Newmont Corp  | 800 | 64776 |
| Reliance Inc  | 280 | 79080 |
|  |  | 143856 |
| TOTAL MATERIALS |  | 479742 |
| Real Estate - 4.5% |  |  |
| Health Care REITs - 2.0% |  |  |
| Welltower Inc  | 1295 | 234447 |
| Industrial REITs - 1.5% |  |  |
| Prologis Inc  | 1433 | 177821 |
| Residential REITs - 0.3% |  |  |
| Sun Communities Inc  | 273 | 34561 |
| Specialized REITs - 0.7% |  |  |
| American Tower Corp  | 72 | 12886 |
| Lamar Advertising Co Class A  | 206 | 24430 |
| Public Storage Operating Co  | 155 | 43177 |
|  |  | 80493 |
| TOTAL REAL ESTATE |  | 527322 |
| Utilities - 4.1% |  |  |
| Electric Utilities - 2.4% |  |  |
| Constellation Energy Corp  | 268 | 101036 |
| Eversource Energy  | 916 | 67610 |
| PG&E Corp  | 6897 | 110076 |
|  |  | 278722 |
| Gas Utilities - 0.2% |  |  |
| UGI Corp  | 934 | 31224 |
| Independent Power and Renewable Electricity Producers - 0.4% |  |  |
| AES Corp/The  | 2946 | 40861 |
| Multi-Utilities - 1.1% |  |  |
| Sempra  | 1437 | 132118 |
| TOTAL UTILITIES |  | 482925 |
| TOTAL UNITED STATES |  | 11259018 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $10,416,990) |  | <br> **11624167** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (b)<br>(Cost $23,235)<br>| 4.18 | 23231 | **23235** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.0%**<br> (Cost $10,440,225)<br>| <br>**11647402** |
| **NET OTHER ASSETS (LIABILITIES) - 0.0%**  | **2605** |
| **NET ASSETS - 100.0%** | **11650007** |

---

**Legend**

(a) Non-income producing.

(b) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | - | 647342 | 624107 | 240 | - | - | 23235 | 23231 | 0.0% |
| Total | - | 647342 | 624107 | 240 | - | - | 23235 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Covington Trust

- **b. Investment Company Act file number:** 811-07319

- **c. CIK number of Registrant:** 0000945908

- **d. LEI of Registrant:** 549300JFYFTF85QAQR28

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Fundamental Large Cap Value ETF

- **b. EDGAR series identifier (if any):** S000084016

- **c. LEI of Series:** 254900KG5K14Z6Z3PV96

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

- **a. Date of fiscal year-end:** 2026-07-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $11653531.87

**Total Liabilities:** $3527.28

**Net Assets:** $11650004.59

**Cash Not Reported:** $829.86

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000248142 | 4.06%                | 0.87%                | 0.91%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $408330.54                                 |
| Month 2  | $22159.29                | $53048.19                                  |
| Month 3  | $14747.58                | $68510.70                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SOMNIGROUP INTERNATIONAL INC     | SOMNIGROUP INTERNATIONAL INC       | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |      1392 | NS      | $110441.28    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| TAPESTRY INC                     | TAPESTRY INC                       | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |       531 | NS      | $58314.42     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AES CORP                         | AES CORP                           | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |      2946 | NS      | $40861.02     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN HLDGS INC                | ONEMAIN HOLDINGS INC               | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |      1222 | NS      | $72330.18     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORP                | STATE STREET CORP                  | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |       586 | NS      | $67776.76     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                      | PHILLIPS 66                        | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |       193 | NS      | $26275.02     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER and GAMBLE CO            | PROCTER and GAMBLE CO              | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |        96 | NS      | $14435.52     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ARROW ELECTRONICS INC            | ARROW ELECTRONICS INC              | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |       400 | NS      | $44620.00     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX CORP                         | CSX CORP                           | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |      1271 | NS      | $45781.42     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE TECH CORP | WESTINGHOUSE AIR BRAKE TECH CORP   | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |       356 | NS      | $72780.64     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| U-HAUL HOLDING CO                | U-HAUL HOLDING CO                  | CUSIP: 023586100<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |      1314 | NS      | $69852.24     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                        | SHELL PLC SPONS ADR                | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |      2989 | NS      | $223935.88    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                       | ABBVIE INC                         | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       261 | NS      | $56908.44     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TEREX CORP                       | TEREX CORP                         | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |       343 | NS      | $15784.86     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                  | T-MOBILE US INC                    | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |       305 | NS      | $64065.25     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                   | AMAZON.COM INC                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |       260 | NS      | $63497.20     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| OSHKOSH CORP                     | OSHKOSH CORP                       | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |       470 | NS      | $57946.30     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| DOVER CORP                       | DOVER CORP                         | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |       458 | NS      | $83108.68     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                    | WELLTOWER INC                      | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      1295 | NS      | $234446.80    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST CITIZENS BANCSHARES INC/NC | FIRST CITIZENS BANCSHARES INC CL A | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |        23 | NS      | $41970.86     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PLC                    | ACCENTURE PLC CL A                 | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |       117 | NS      | $29261.70     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERSOURCE ENERGY                | EVERSOURCE ENERGY                  | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |       916 | NS      | $67609.96     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| INGREDION INC                    | INGREDION INC                      | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |       332 | NS      | $38316.12     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP DEL                   | US BANCORP DEL                     | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      1813 | NS      | $84630.84     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP       | CAPITAL ONE FINANCIAL CORP         | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |       343 | NS      | $75456.57     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC              | SUN COMMUNITIES INC - REIT         | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |       273 | NS      | $34561.80     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ON SEMICONDUCTOR CORP            | ON SEMICONDUCTOR CORP              | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |      1522 | NS      | $76221.76     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC    | APOLLO GLOBAL MANAGEMENT INC       | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |      1185 | NS      | $147307.35    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB CHARLES CORP              | SCHWAB CHARLES CORP                | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |       404 | NS      | $38186.08     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| H and R BLOCK INC                | BLOCK H and R INC                  | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |       777 | NS      | $38647.98     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                        | CHUBB LTD                          | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |       259 | NS      | $71727.46     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| SAIA INC                         | SAIA INC                           | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |       119 | NS      | $34807.50     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DARLING INGREDIENTS INC          | DARLING INGREDIENTS INC            | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |      1176 | NS      | $37690.80     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGNET JEWELERS LTD              | SIGNET JEWELERS LTD                | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | BM        |       519 | NS      | $51303.15     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BRINKS CO                        | BRINKS CO                          | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |       278 | NS      | $30902.48     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORP            | GENERAL DYNAMICS CORPORATION       | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       251 | NS      | $86569.90     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| REGAL REXNORD CORP               | REGAL REXNORD CORP                 | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |       521 | NS      | $73403.69     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY USA INC                   | MURPHY USA INC                     | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |        99 | NS      | $35461.80     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK and CO INC                 | MERCK and CO INC NEW               | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      2263 | NS      | $194572.74    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| RELIANCE INC                     | RELIANCE INC                       | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |       280 | NS      | $79080.40     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                   | PUBLIC STORAGE                     | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |       155 | NS      | $43176.80     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA                           | SEMPRA                             | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |      1437 | NS      | $132117.78    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP             | WESTERN DIGITAL CORP               | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |       721 | NS      | $108301.41    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP (THE)                | CIGNA GROUP (THE)                  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |       495 | NS      | $120982.95    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWES COS INC                    | LOWES COS INC                      | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       503 | NS      | $119779.39    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DICKS SPORTING GOODS INC         | DICKS SPORTING GOODS INC           | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |       248 | NS      | $54919.60     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| GATES INDUSTRIAL CORP PLC        | GATES INDUSTRIAL CORP PLC          | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | GB        |      2261 | NS      | $49922.88     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| HASBRO INC                       | HASBRO INC                         | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |       458 | NS      | $34949.98     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON GRAND VACATIONS INC       | HILTON GRAND VACATIONS INC         | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |       816 | NS      | $33823.20     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPGEMINI SA                     | CAPGEMINI SA (FF40)                | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |       118 | NS      | $18157.70     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN HOLDINGS INC               | CROWN HOLDINGS INC                 | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |       155 | NS      | $15062.90     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BUNGE GLOBAL SA                  | BUNGE GLOBAL SA                    | CUSIP: N/A<br>LEI: 254900IVXSV9K0B7PO26       | Long             | EC               | CORP              | CH        |       433 | NS      | $40961.80     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| HARTFORD INSURANCE GROUP INC/THE | HARTFORD INSURANCE GROUP INC/THE   | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      2480 | NS      | $307966.40    | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP INDUSTRIES INC               | UFP INDUSTRIES INC                 | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |       370 | NS      | $34088.10     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CIENA CORP                       | CIENA CORP                         | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |        65 | NS      | $12344.80     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| COLGATE-PALMOLIVE CO             | COLGATE-PALMOLIVE CO               | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      1371 | NS      | $105635.55    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC                      | CUMMINS INC                        | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       228 | NS      | $99791.04     | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CORTEVA INC                      | CORTEVA INC                        | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |       666 | NS      | $40919.04     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PG and E CORP                    | PG and E CORP                      | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |      6897 | NS      | $110076.12    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM CORP                         | SLM CORP                           | CUSIP: 78442P106<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | EC               | CORP              | US        |       775 | NS      | $20808.75     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI CORP                         | UGI CORP NEW                       | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |       934 | NS      | $31223.62     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| M and T BANK CORP                | M and T BANK CORP                  | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |       266 | NS      | $48909.42     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC             | KEURIG DR PEPPER INC               | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |      3457 | NS      | $93892.12     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK INC                    | BLACKROCK INC                      | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |        66 | NS      | $71465.46     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC          | NEXSTAR MEDIA GROUP INC            | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |        91 | NS      | $17811.43     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC                  | ASTRAZENECA PLC SPONS ADR          | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      1505 | NS      | $124012.00    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PULTE GROUP INC                  | PULTEGROUP INC                     | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       417 | NS      | $49985.79     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| RYDER SYSTEM INC                 | RYDER SYSTEM INC                   | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |        55 | NS      | $9307.65      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH INDUSTRIAL NV                | CNH INDUSTRIAL NV                  | CUSIP: N/A<br>LEI: 549300WGC2HZ5J67V817       | Long             | EC               | CORP              | NL        |      3482 | NS      | $36526.18     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA COLA CO                     | COCA COLA CO                       | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      1509 | NS      | $103970.10    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR GROUP INC                  | EMCOR GROUP INC                    | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |        83 | NS      | $56089.74     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| GE AEROSPACE                     | GE AEROSPACE                       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |        65 | NS      | $20081.75     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| UPBOUND GROUP INC                | UPBOUND GROUP INC                  | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |      1487 | NS      | $28818.06     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO LOGISTICS INC                | GXO LOGISTICS INC                  | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |       886 | NS      | $49802.06     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| QUIDELORTHO CORP                 | QUIDELORTHO CORP                   | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |       614 | NS      | $16571.86     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                     | QUALCOMM INC                       | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |       753 | NS      | $136217.70    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP                     | COMCAST CORP CL A                  | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      6138 | NS      | $170851.23    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                          | CRH PLC                            | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |      1511 | NS      | $179960.10    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC DEL       | BERKSHIRE HATHAWAY INC CL B        | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |       138 | NS      | $65900.52     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC       | VERIZON COMMUNICATIONS INC         | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |       819 | NS      | $32547.06     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC  | PENNYMAC FINANCIAL SERVICES INC    | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |       172 | NS      | $21639.32     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                   | SALESFORCE INC                     | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |       766 | NS      | $199474.06    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust     | Fidelity Cash Central Fund         | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |     23231 | NS      | $23235.22     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORP             | LOCKHEED MARTIN CORP               | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       305 | NS      | $150023.40    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BATH and BODY WORKS INC          | BATH and BODY WORKS INC            | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |       706 | NS      | $17282.88     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD  | TAIWAN SEMIC MFG CO LTD SP ADR     | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |       404 | NS      | $121373.72    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLINA HEALTHCARE INC            | MOLINA HEALTHCARE INC              | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |       326 | NS      | $49897.56     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                 | EXXON MOBIL CORP                   | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      3768 | NS      | $430908.48    | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| TOPBUILD CORP                    | TOPBUILD CORP                      | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |       225 | NS      | $95058.00     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR TREE INC                  | DOLLAR TREE INC                    | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |       400 | NS      | $39648.00     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AVNET INC                        | AVNET INC                          | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |       979 | NS      | $47432.55     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| LITHIA MOTORS INC                | LITHIA MOTORS INC CL A             | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |       160 | NS      | $50252.80     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORP        | CONSTELLATION ENERGY CORP          | CUSIP: 21037T109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       268 | NS      | $101036.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| SMURFIT WESTROCK PLC             | SMURFIT WESTROCK PLC               | CUSIP: N/A<br>LEI: 635400EGSEOPDW2EXS14       | Long             | EC               | CORP              | IE        |      1626 | NS      | $60031.92     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHROP GRUMMAN CORP            | NORTHROP GRUMMAN CORP              | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |        59 | NS      | $34423.55     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CORE NATURAL RESOURCES INC       | CORE NATURAL RESOURCES INC         | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |       400 | NS      | $31600.00     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA HEALTHCARE CO INC         | ACADIA HEALTHCARE CO INC           | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |      1698 | NS      | $36507.00     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC         | BUILDERS FIRSTSOURCE               | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |       483 | NS      | $56110.11     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                          | GSK PLC SPONS ADR                  | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |      2029 | NS      | $95078.94     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| HERC HOLDINGS INC                | HERC HOLDINGS INC                  | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |       286 | NS      | $40626.30     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVELERS COS INC                | TRAVELERS COMPANIES INC            | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      1107 | NS      | $297362.34    | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HLDGS INC   | ALLISON TRANSMISSION HLDGS INC     | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |       863 | NS      | $71240.65     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORP                       | FEDEX CORP                         | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |       263 | NS      | $66754.66     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LTD   | CANADIAN NATL RESOURCES LTD        | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |      3176 | NS      | $101605.73    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                  | CVS HEALTH CORP                    | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      2185 | NS      | $170757.75    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGA RES CORP                   | TARGA RESOURCES CORP               | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |       589 | NS      | $90729.56     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NORFOLK SOUTHERN CORP            | NORFOLK SOUTHERN CORP              | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |       283 | NS      | $80196.54     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE and CO            | JPMORGAN CHASE and CO              | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |       303 | NS      | $94269.36     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO and CO               | WELLS FARGO and CO                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      4472 | NS      | $388929.84    | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO INC                          | XPO INC                            | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |       277 | NS      | $39851.99     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION      | BANK OF AMERICA CORPORATION        | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      7186 | NS      | $384091.70    | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BJS WHOLESALE CLUB HOLDINGS INC  | BJS WHSL CLUB HLDGS INC            | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |       440 | NS      | $38834.40     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST SOLAR INC                  | FIRST SOLAR INC                    | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |       199 | NS      | $53121.06     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC              | GILEAD SCIENCES INC                | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      1805 | NS      | $216220.95    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| GEN DIGITAL INC                  | GEN DIGITAL INC                    | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |      2394 | NS      | $63105.84     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| MOSAIC CO                        | MOSAIC CO NEW                      | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |      1454 | NS      | $39912.30     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP              | AMERICAN TOWER CORP                | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |        72 | NS      | $12886.56     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| US FOODS HOLDING CORP            | US FOODS HOLDING CORP              | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |      3003 | NS      | $218077.86    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA INC                      | CENCORA INC                        | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |        70 | NS      | $23646.70     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EAST WEST BANCORP INC            | EAST WEST BANCORP INC              | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |       104 | NS      | $10566.40     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AMDOCS LIMITED                   | AMDOCS LTD                         | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |       880 | NS      | $74148.80     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON and JOHNSON              | JOHNSON and JOHNSON                | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      1158 | NS      | $218711.46    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMO BRANDS CORP                | PRIMO BRANDS CORP A                | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |      2028 | NS      | $44555.16     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN FINL GROUP INC OHIO     | AMERICAN FINL GROUP INC OHIO       | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |       723 | NS      | $95204.64     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC                | CISCO SYSTEMS INC                  | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |      5245 | NS      | $383461.95    | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIPRISE FINL INC              | AMERIPRISE FINANCIAL INC           | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |       137 | NS      | $62029.49     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| SS and C TECHNOLOGIES HLDGS INC  | SS and C TECHNOLOGIES HOLDINGS INC | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |       705 | NS      | $59868.60     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                     | PROLOGIS INC REIT                  | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      1433 | NS      | $177820.97    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                     | ALPHABET INC CL A                  | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      1959 | NS      | $550851.21    | 4.73%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORP                     | NEWMONT CORP                       | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |       800 | NS      | $64776.00     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMAR ADVERTISING CO             | LAMAR ADVERTISING CO CL A          | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |       206 | NS      | $24429.54     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES GRP INC   | PNC FINANCIAL SERVICES GRP INC     | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |       262 | NS      | $47828.10     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO                   | DISNEY (WALT) CO                   | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |       367 | NS      | $41331.54     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer