# EDGAR Filing Document

**Accession Number:** 0000092500
**File Stem:** 0002066578-25-001932
**Filing Date:** 2025-12
**Character Count:** 82058
**Document Hash:** 2120b9e96616ba7148a5ad16def7c6af
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-25-001932.hdr.sgml**: 20251216

**ACCESSION NUMBER**: 0002066578-25-001932

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251216

**DATE AS OF CHANGE**: 20251216

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STEWARD FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000092500

**ORGANIZATION NAME:**
- **EIN:** 751281784
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01597
- **FILM NUMBER:** 251574238

**BUSINESS ADDRESS:**
- **STREET 1:** 15375 MEMORIAL DRIVE, SUITE 200
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77079
- **BUSINESS PHONE:** 713-260-9000

**MAIL ADDRESS:**
- **STREET 1:** 15375 MEMORIAL DRIVE, SUITE 200
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77079

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CHRISTIAN STEWARDSHIP FUNDS
- **DATE OF NAME CHANGE:** 20021126

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CAPSTONE CHRISTIAN VALUES FUND INC
- **DATE OF NAME CHANGE:** 20011119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CAPSTONE FIXED INCOME SERIES INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Steward Equity Market Neutral Fund (Series ID: S000074384)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000232241 | Class C             | SMNCX           |
| C000232242 | Class R6            | SMNRX           |
| C000232243 | Institutional Class | SMNIX           |
| C000232244 | Class A             | SMNAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Steward Funds Inc

- **b. Investment Company Act file number:** 811-01597

- **c. CIK number of Registrant:** 0000092500

- **d. LEI of Registrant:** 549300RMO0BOXYR4QF39

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

  - **Street Address 1:** 15375 Memorial Drive, Suite 200

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77079

  - **Telephone number:** 713-260-9000

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

- **a. Name of Series:** Steward Equity Market Neutral Fund

- **b. EDGAR series identifier (if any):** S000074384

- **c. LEI of Series:** 549300WNB9SEMRQPR744

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

- **a. Date of fiscal year-end:** 2026-04-30

- **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:** $198329968.42

**Total Liabilities:** $95562801.91

**Net Assets:** $102767166.51

**Cash Not Reported:** $100916221.04

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000232243 | -1.09%               | 2.01%                | 0.56%                |
| Class ID C000232244 | -1.13%               | 2.02%                | 0.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1041780.85             | $-449148.17                                |
| Month 2  | $1957595.94              | $-81402.26                                 |
| Month 3  | $-456677.72              | $399264.22                                 |

**Designated Index Information**

- **Index Name:** The Funds Designated Reference Portfolio is the Funds Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Hamilton Lane Inc                         | Hamilton Lane Inc COM USD0.001 CL A                           | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Short            | EC               | CORP              | US        |     -7000 | NS      | $-797720.00   | -0.78%            |  |  |  | No            |                  1 | On Loan: No      |
| Tandem Diabetes Care Inc                  | Tandem Diabetes Care Inc COM USD0.001(POST REV SPLT)          | CUSIP: 875372203<br>LEI: 549300JEPFOD0K4D3I05 | Short            | EC               | CORP              | US        |     -1900 | NS      | $-26600.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding PLC          | Sensata Technologies Holding PLC COM EUR0.01                  | CUSIP: G8060N102<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | GB        |     29500 | NS      | $938985.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Group PLC                 | Janus Henderson Group PLC ORD USD1.50                         | CUSIP: G4474Y214<br>LEI: 2138009WPYMWJN3RVF44 | Long             | EC               | CORP              | JE        |     20600 | NS      | $897336.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Apellis Pharmaceuticals Inc               | Apellis Pharmaceuticals Inc COM USD0.0001                     | CUSIP: 03753U106<br>LEI: 254900HS0ZFRXXSB9D42 | Short            | EC               | CORP              | US        |    -34000 | NS      | $-729980.00   | -0.71%            |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds              | Northern Institutional Funds TREAS PRT PRMR                   | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   5304839 | NS      | $5304838.78   | 5.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc.                           | BorgWarner Inc. COM USD0.01                                   | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     24000 | NS      | $1031040.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                    | Sempra COM NPV                                                | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Short            | EC               | CORP              | US        |    -11000 | NS      | $-1011340.00  | -0.98%            |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                                   | ATI Inc COM USD0.10                                           | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Short            | EC               | CORP              | US        |    -10000 | NS      | $-989700.00   | -0.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic, Inc.                        | Cirrus Logic, Inc. COM USD0.001                               | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      7500 | NS      | $994875.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Therapeutics Inc.                  | Viking Therapeutics Inc. COM USD0.00001                       | CUSIP: 92686J106<br>LEI: 529900IVC72YPFA25M37 | Short            | EC               | CORP              | US        |    -16000 | NS      | $-609280.00   | -0.59%            |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                              | Docusign Inc COM USD0.0001                                    | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |     13500 | NS      | $987390.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Holdings Inc.  | MACOM Technology Solutions Holdings Inc. COM USD0.001         | CUSIP: 55405Y100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3000 | NS      | $-444390.00   | -0.43%            |  |  |  | No            |                  1 | On Loan: No      |
| ADT Inc                                   | ADT Inc COM USD0.01                                           | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    117000 | NS      | $1034280.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox Inc                               | Dropbox Inc COM USD0.00001 CL A                               | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |     31000 | NS      | $899000.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                  | Saia Inc COM USD0.001                                         | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Short            | EC               | CORP              | US        |     -4000 | NS      | $-1170000.00  | -1.14%            |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                           | First Solar Inc COM STK USD0.001                              | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Short            | EC               | CORP              | US        |     -4000 | NS      | $-1067760.00  | -1.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Spirit Aerosystems Holdings Inc           | Spirit Aerosystems Holdings Inc COM STK USD0.01 CLASS 'A'     | CUSIP: 848574109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -27000 | NS      | $-990630.00   | -0.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                 | Tesla Inc COM USD0.001                                        | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Short            | EC               | CORP              | US        |     -2000 | NS      | $-913120.00   | -0.89%            |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                            | Citigroup Inc. COM USD0.01                                    | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     10000 | NS      | $1012300.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor And Decor Holding Inc.              | Floor And Decor Holding Inc. COM USD0.001 CL A                | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Short            | EC               | CORP              | US        |     -6500 | NS      | $-406120.00   | -0.40%            |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings Inc. | Knight-Swift Transportation Holdings Inc. COM USD0.01 CLASS A | CUSIP: 499049104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -17000 | NS      | $-767040.00   | -0.75%            |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                      | Booking Holdings Inc COM USD0.008                             | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       200 | NS      | $1015548.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| IPG Photonics Corp                        | IPG Photonics Corp COM USD0.0001                              | CUSIP: 44980X109<br>LEI: 5493002KZ51CADQ94G15 | Short            | EC               | CORP              | US        |    -12000 | NS      | $-1021440.00  | -0.99%            |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                | Nasdaq Inc COM USD0.01                                        | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     10000 | NS      | $854900.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                     | AECOM COM STK USD0.01                                         | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |      7400 | NS      | $994190.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's, Inc.                              | Macy's, Inc. COM USD0.01                                      | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |     44800 | NS      | $873152.00    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corp.         | The Bank of New York Mellon Corp. COM USD0.01                 | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      9000 | NS      | $971370.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd.                              | Genpact Ltd. COM STK USD0.01                                  | CUSIP: G3922B107<br>LEI: 529900OSEC6Q0L4L5B35 | Long             | EC               | CORP              | BM        |     22000 | NS      | $839300.00    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications, Inc.              | Iridium Communications, Inc. COM USD0.001                     | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |     50900 | NS      | $974735.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                        | Ralph Lauren Corp. COM USD0.01 CLASS 'A'                      | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      2900 | NS      | $927014.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Healthcare Company, Inc.           | Acadia Healthcare Company, Inc. COM USD0.01                   | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Short            | EC               | CORP              | US        |    -42000 | NS      | $-903000.00   | -0.88%            |  |  |  | No            |                  1 | On Loan: No      |
| Roku Inc                                  | Roku Inc COM USD0.0001 CLASS A                                | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |     10000 | NS      | $1061300.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradata Corp                             | Teradata Corp COM STK USD0.01                                 | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |      8000 | NS      | $166800.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                           | Ulta Beauty Inc COM STK USD0.01                               | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      1900 | NS      | $987772.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                           | Dollar Tree Inc COM USD0.01                                   | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |      9600 | NS      | $951552.00    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                  | Visa Inc COM STK USD0.0001                                    | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      3000 | NS      | $1022220.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc.         | American International Group Inc. COM USD2.50                 | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     12200 | NS      | $963312.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                    | Diamondback Energy Inc COM USD0.01                            | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Short            | EC               | CORP              | US        |     -7000 | NS      | $-1002330.00  | -0.98%            |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Cruise Line Holdings Ltd        | Norwegian Cruise Line Holdings Ltd COM USD0.001               | CUSIP: G66721104<br>LEI: N/A                  | Short            | EC               | CORP              | BM        |    -40000 | NS      | $-896800.00   | -0.87%            |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs Inc                      | Cleveland-Cliffs Inc COM USD0.125                             | CUSIP: 185899101<br>LEI: 549300TM2WLI2BJMDD86 | Short            | EC               | CORP              | US        |    -62000 | NS      | $-770660.00   | -0.75%            |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc               | Inspire Medical Systems Inc COM USD0.001                      | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Short            | EC               | CORP              | US        |     -4000 | NS      | $-288320.00   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                           | CBRE Group Inc. COM USD0.01 CLASS A                           | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      6300 | NS      | $960309.00    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                             | Popular, Inc. COM USD0.01                                     | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |      8800 | NS      | $980936.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corporation             | Liberty Broadband Corporation COM USD0.01 CL 'A'              | CUSIP: 530307107<br>LEI: 549300MIX43II8JLN536 | Short            | EC               | CORP              | US        |    -18000 | NS      | $-962820.00   | -0.94%            |  |  |  | No            |                  1 | On Loan: No      |
| The Kraft Heinz Co.                       | The Kraft Heinz Co. COM USD0.01                               | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     37400 | NS      | $924902.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| First Hawaiian Inc.                       | First Hawaiian Inc. COM USD0.01                               | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |      7000 | NS      | $171710.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                       | Axon Enterprise Inc COM USD0.00001                            | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Short            | EC               | CORP              | US        |     -1000 | NS      | $-732230.00   | -0.71%            |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                 | Block Inc COM USD0.0000001 CL A                               | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Short            | EC               | CORP              | US        |    -13000 | NS      | $-987220.00   | -0.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                       | Synchrony Financial COM USD0.001                              | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     14000 | NS      | $1041320.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                              | Wingstop Inc COM USD0.01                                      | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Short            | EC               | CORP              | US        |     -1000 | NS      | $-216630.00   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings Inc.                     | OneMain Holdings Inc. USD0.01                                 | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |     16400 | NS      | $970716.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc.                               | Natera Inc. COM USD0.0001                                     | CUSIP: 632307104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -5000 | NS      | $-994650.00   | -0.97%            |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports Corp.        | Madison Square Garden Sports Corp. COM USD0.01 CLASS A        | CUSIP: 55825T103<br>LEI: 529900BQELIZ5ZQYB788 | Short            | EC               | CORP              | US        |     -5000 | NS      | $-1071950.00  | -1.04%            |  |  |  | No            |                  1 | On Loan: No      |
| RH                                        | RH COM USD0.0001                                              | CUSIP: 74967X103<br>LEI: 5493008MTS3OGGMHGK69 | Short            | EC               | CORP              | US        |     -6000 | NS      | $-1034940.00  | -1.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Novocure Ltd                              | Novocure Ltd COM USD0.00                                      | CUSIP: G6674U108<br>LEI: 213800YPP55UMHWA4826 | Short            | EC               | CORP              | JE        |     -8200 | NS      | $-105042.00   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc              | Citizens Financial Group Inc COM USD0.01                      | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |      5000 | NS      | $254350.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                              | Freshpet Inc COM USD0.001                                     | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Short            | EC               | CORP              | US        |     -7000 | NS      | $-344470.00   | -0.34%            |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc.                     | WEC Energy Group Inc. COM USD0.01                             | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Short            | EC               | CORP              | US        |     -9000 | NS      | $-1005570.00  | -0.98%            |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                            | TechnipFMC PLC USD1                                           | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |     23500 | NS      | $971725.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                                  | Etsy Inc USD0.001                                             | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |     13000 | NS      | $806000.00    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| The Trade Desk Inc                        | The Trade Desk Inc COM USD0.000001 CL A                       | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Short            | EC               | CORP              | US        |    -12000 | NS      | $-603360.00   | -0.59%            |  |  |  | No            |                  1 | On Loan: No      |
| E L F Beauty Inc                          | E L F Beauty Inc COM USD0.01                                  | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Short            | EC               | CORP              | US        |     -8000 | NS      | $-977120.00   | -0.95%            |  |  |  | No            |                  1 | On Loan: No      |
| WEX Inc                                   | WEX Inc COM USD0.01                                           | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |      6300 | NS      | $919044.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Flagstar Bank National Association        | Flagstar Bank National Association COM NEW                    | CUSIP: 649445400<br>LEI: SS1TRMSN6BRNMOREEV51 | Short            | EC               | CORP              | US        |    -70433 | NS      | $-804344.86   | -0.78%            |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corp.                        | Primo Brands Corp. CLASS A COM SHS                            | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Short            | EC               | CORP              | US        |     -9000 | NS      | $-197730.00   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| C.H. Robinson Worldwide Inc               | C.H. Robinson Worldwide Inc COM USD0.10                       | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      7700 | NS      | $1185723.00   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                  | Ferguson Enterprises Inc COMMON STOCK NEW                     | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |      3900 | NS      | $969150.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| SailPoint Inc.                            | SailPoint Inc. COM                                            | CUSIP: 78781J109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -44000 | NS      | $-953920.00   | -0.93%            |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings, Inc.                    | Amentum Holdings, Inc. COM                                    | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Short            | EC               | CORP              | US        |    -48000 | NS      | $-1075680.00  | -1.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Ingram Micro Holding Corporation          | Ingram Micro Holding Corporation COM                          | CUSIP: 457152106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -45000 | NS      | $-1033200.00  | -1.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                                 | Aptiv PLC COM SHS                                             | CUSIP: G3265R107<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |     12000 | NS      | $973200.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Inc.                         | Viper Energy Inc. CL A                                        | CUSIP: 64361Q101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -27000 | NS      | $-1014120.00  | -0.99%            |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corporation                  | Lam Research Corporation COM NEW                              | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      3000 | NS      | $472380.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corporation                | Dollar General Corporation COM USD0.875                       | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |      9000 | NS      | $887940.00    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                               | Pentair PLC COM USD0.01                                       | CUSIP: G7S00T104<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |      8700 | NS      | $925245.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Inc                                | Lazard Inc COM                                                | CUSIP: 52110M109<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | US        |     17100 | NS      | $834480.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Agco Corporation                          | Agco Corporation COM USD0.01                                  | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |      9000 | NS      | $928440.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products & Chemicals, Inc.            | Air Products & Chemicals, Inc. COM USD1                       | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Short            | EC               | CORP              | US        |     -4000 | NS      | $-970360.00   | -0.94%            |  |  |  | No            |                  1 | On Loan: No      |
| U-Haul Holding Co.                        | U-Haul Holding Co. COM USD0.25                                | CUSIP: 023586100<br>LEI: 5493003WIDMLDHYC6Y24 | Short            | EC               | CORP              | US        |    -19000 | NS      | $-1010040.00  | -0.98%            |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Incorporated           | Jones Lang LaSalle Incorporated COM USD0.01                   | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      3000 | NS      | $915270.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Mckesson Corp.                            | Mckesson Corp. COM USD0.01                                    | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      1200 | NS      | $973608.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                            | Albemarle Corp COM USD0.01                                    | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Short            | EC               | CORP              | US        |     -3500 | NS      | $-343805.00   | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics, Inc.                   | Arrow Electronics, Inc. COM USD1                              | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |      2000 | NS      | $223100.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                              | Autodesk Inc COM USD0.01                                      | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      3100 | NS      | $934154.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.           | Automatic Data Processing, Inc. COM USD0.10                   | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      3000 | NS      | $780900.00    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet, Inc.                               | Avnet, Inc. COM USD1.00                                       | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     17800 | NS      | $862410.00    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Company, Inc.                        | Trex Company, Inc. COM USD0.01                                | CUSIP: 89531P105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -16000 | NS      | $-773120.00   | -0.75%            |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International, Inc.                | Baxter International, Inc. COM USD1.00                        | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Short            | EC               | CORP              | US        |    -43000 | NS      | $-794210.00   | -0.77%            |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.               | Verizon Communications Inc. COM USD0.10                       | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     17700 | NS      | $703398.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Block(H&R)Inc                             | Block(H&R)Inc COM NPV                                         | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     18200 | NS      | $905268.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| The Boeing Company                        | The Boeing Company COM USD5.00                                | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Short            | EC               | CORP              | US        |     -5000 | NS      | $-1005100.00  | -0.98%            |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                | Unum Group COM USD0.10                                        | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     12800 | NS      | $939776.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisign, Inc.                            | Verisign, Inc. COM USD0.001                                   | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      3900 | NS      | $935220.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp.                        | Brown-Forman Corp. COM USD0.15 CLASS B                        | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Short            | EC               | CORP              | US        |    -23000 | NS      | $-626290.00   | -0.61%            |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                       | Cisco Systems, Inc. COM USD0.001                              | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     13200 | NS      | $965052.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corporation of America          | Packaging Corporation of America COM USD0.01                  | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Short            | EC               | CORP              | US        |     -5000 | NS      | $-978800.00   | -0.95%            |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corporation                    | CMS Energy Corporation COM USD0.01                            | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Short            | EC               | CORP              | US        |    -13000 | NS      | $-956150.00   | -0.93%            |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd.                                 | Flex Ltd. COM USD0.01                                         | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | SG        |     14800 | NS      | $925296.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                   | XPO Inc COM USD0.001                                          | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Short            | EC               | CORP              | US        |     -7000 | NS      | $-1007090.00  | -0.98%            |  |  |  | No            |                  1 | On Loan: No      |
| TPG Inc                                   | TPG Inc COM CL A                                              | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Short            | EC               | CORP              | US        |     -7000 | NS      | $-385280.00   | -0.37%            |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                   | PTC Inc COM USD0.01                                           | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      4700 | NS      | $933138.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs Inc                           | Astera Labs Inc COM                                           | CUSIP: 04626A103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -5000 | NS      | $-933400.00   | -0.91%            |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                   | MasterCard Incorporated COM USD0.0001 CLASS A                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1700 | NS      | $938383.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| American Airlines Group Inc               | American Airlines Group Inc COM USD0.01                       | CUSIP: 02376R102<br>LEI: IWUQB36BXD6OWD6X4T14 | Short            | EC               | CORP              | US        |    -80000 | NS      | $-1050400.00  | -1.02%            |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp.                         | HF Sinclair Corp. COM                                         | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     17500 | NS      | $903000.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co                              | Crane NXT Co COM                                              | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Short            | EC               | CORP              | US        |    -15000 | NS      | $-948750.00   | -0.92%            |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp.                   | Synovus Financial Corp. COM USD1.00                           | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |     20600 | NS      | $919584.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Solventum Corp.                           | Solventum Corp. COM SHS                                       | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Short            | EC               | CORP              | US        |    -14000 | NS      | $-966560.00   | -0.94%            |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health Inc                       | Guardant Health Inc COM USD0.00001                            | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Short            | EC               | CORP              | US        |     -9500 | NS      | $-883690.00   | -0.86%            |  |  |  | No            |                  1 | On Loan: No      |
| Tempus AI Inc.                            | Tempus AI Inc. CL A                                           | CUSIP: 88023B103<br>LEI: 2549009LA0KWRAGQBX50 | Short            | EC               | CORP              | US        |    -11000 | NS      | $-988350.00   | -0.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Biomarin Pharmaceutical Inc.              | Biomarin Pharmaceutical Inc. COM USD0.001                     | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |     17000 | NS      | $910690.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                     | Cardinal Health, Inc. COM NPV                                 | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      5900 | NS      | $1125543.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                     | Colgate-Palmolive Co. COM USD1.00                             | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      4200 | NS      | $323610.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                                    | F5 Inc COM STK NPV                                            | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      3300 | NS      | $835065.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.                      | Electronic Arts Inc. COM USD0.01                              | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      4700 | NS      | $940282.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                                 | Jabil Inc COM USD0.001                                        | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      4500 | NS      | $994005.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Inc                               | Premier Inc COM USD0.01 CL'A'                                 | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34600 | NS      | $972952.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Amer Sports Inc.                          | Amer Sports Inc. COM SHS                                      | CUSIP: G0260P102<br>LEI: 391200YCSWTRD1J21867 | Short            | EC               | CORP              | KY        |    -28000 | NS      | $-874440.00   | -0.85%            |  |  |  | No            |                  1 | On Loan: No      |
| The Cooper Companies, Inc.                | The Cooper Companies, Inc. COM                                | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Short            | EC               | CORP              | US        |    -14000 | NS      | $-978740.00   | -0.95%            |  |  |  | No            |                  1 | On Loan: No      |
| Kellanova                                 | Kellanova COM USD0.25                                         | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Short            | EC               | CORP              | US        |    -12000 | NS      | $-996720.00   | -0.97%            |  |  |  | No            |                  1 | On Loan: No      |
| Light & Wonder Inc                        | Light & Wonder Inc COM USD0.001                               | CUSIP: 80874P109<br>LEI: 529900JXALYBOHXKFM62 | Short            | EC               | CORP              | US        |    -14000 | NS      | $-1017800.00  | -0.99%            |  |  |  | No            |                  1 | On Loan: No      |
| Newell Brands Inc.                        | Newell Brands Inc. COM USD1                                   | CUSIP: 651229106<br>LEI: 549300LWGYFM1TVO1Z12 | Short            | EC               | CORP              | US        |   -181000 | NS      | $-615400.00   | -0.60%            |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corporation                       | Oshkosh Corporation COM USD0.01                               | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |      6900 | NS      | $850701.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                            | Tetra Tech Inc COM USD0.01                                    | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |     28400 | NS      | $908232.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp.                   | Webster Financial Corp. COM USD0.01                           | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     17100 | NS      | $975384.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.                     | Targa Resources Corp. COM USD0.001                            | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Short            | EC               | CORP              | US        |     -7000 | NS      | $-1078280.00  | -1.05%            |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc.                             | KKR & Co Inc. COM USD0.01                                     | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Short            | EC               | CORP              | US        |     -5000 | NS      | $-591650.00   | -0.58%            |  |  |  | No            |                  1 | On Loan: No      |
| Howard Hughes Holdings Inc.               | Howard Hughes Holdings Inc. COM                               | CUSIP: 44267T102<br>LEI: 254900TY494BHXIU6M60 | Long             | EC               | CORP              | US        |     11900 | NS      | $943432.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS Capital Holdings Limited             | AXIS Capital Holdings Limited COM USD0.0125                   | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |     10200 | NS      | $955332.00    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corporation                        | Bruker Corporation COM USD0.01                                | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Short            | EC               | CORP              | US        |    -26000 | NS      | $-1012440.00  | -0.99%            |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc.            | Old Dominion Freight Line Inc. COM USD0.10                    | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Short            | EC               | CORP              | US        |     -7000 | NS      | $-982940.00   | -0.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.                      | Eagle Materials Inc. COM USD0.01                              | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Short            | EC               | CORP              | US        |     -4000 | NS      | $-849280.00   | -0.83%            |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellular SA        | Millicom International Cellular SA COM USD1.50                | CUSIP: L6388F110<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |     20700 | NS      | $975177.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International Inc.             | Somnigroup International Inc. COM USD0.01                     | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Short            | EC               | CORP              | US        |    -12000 | NS      | $-952080.00   | -0.93%            |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                       | Texas Roadhouse Inc COM USD0.001                              | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Short            | EC               | CORP              | US        |     -6000 | NS      | $-981480.00   | -0.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corporation                      | Westlake Corporation COM USD0.01                              | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Short            | EC               | CORP              | US        |    -12000 | NS      | $-825720.00   | -0.80%            |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV              | LyondellBasell Industries NV COM EUR0.04 CLASS 'A'            | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Short            | EC               | CORP              | NL        |    -20000 | NS      | $-928400.00   | -0.90%            |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories Inc.                   | Dolby Laboratories Inc. COM STK USD0.001 CLASS 'A'            | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |      3600 | NS      | $238752.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders Firstsource, Inc.                | Builders Firstsource, Inc. COM USD0.01                        | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Short            | EC               | CORP              | US        |     -8000 | NS      | $-929360.00   | -0.90%            |  |  |  | No            |                  1 | On Loan: No      |
| Under Armour, Inc.                        | Under Armour, Inc. COM STK USD0.000333 CL A                   | CUSIP: 904311107<br>LEI: 549300D4549QKWETZ406 | Short            | EC               | CORP              | US        |   -212000 | NS      | $-977320.00   | -0.95%            |  |  |  | No            |                  1 | On Loan: No      |
| Crocs Inc                                 | Crocs Inc COM STK USD0.001                                    | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     11000 | NS      | $898590.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc                | Grand Canyon Education Inc COM USD0.01                        | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |      4500 | NS      | $847350.00    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Yeti Holdings Inc                         | Yeti Holdings Inc COM USD0.01                                 | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     27100 | NS      | $921129.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                               | Corteva Inc COM USD0.01                                       | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     15400 | NS      | $946176.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corporation                        | Enovis Corporation COM                                        | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Short            | EC               | CORP              | US        |    -31000 | NS      | $-968440.00   | -0.94%            |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros. Discovery Inc.               | Warner Bros. Discovery Inc. COM SER A                         | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |     49800 | NS      | $1118010.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc.                     | Jacobs Solutions Inc. COM                                     | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1000 | NS      | $155810.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings Inc                         | Loar Holdings Inc COM SHS                                     | CUSIP: 53947R105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -13000 | NS      | $-1028690.00  | -1.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Trump Media & Technology Group Corp       | Trump Media & Technology Group Corp COM                       | CUSIP: 25400Q105<br>LEI: 6488S3A83U2SRQ48O215 | Short            | EC               | CORP              | US        |    -58000 | NS      | $-888850.00   | -0.86%            |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corporation                  | Talen Energy Corporation COM                                  | CUSIP: 87422Q109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -2000 | NS      | $-799560.00   | -0.78%            |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc.                  | Zoom Communications Inc. COM USD0.001 CL A                    | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     11600 | NS      | $1011868.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CAVA Group Inc.                           | CAVA Group Inc. COM                                           | CUSIP: 148929102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -13000 | NS      | $-698490.00   | -0.68%            |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                             | Coherent Corp COM                                             | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Short            | EC               | CORP              | US        |     -8000 | NS      | $-1055680.00  | -1.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Sharkninja Inc.                           | Sharkninja Inc. COM SHS                                       | CUSIP: G8068L108<br>LEI: N/A                  | Short            | EC               | CORP              | KY        |     -9000 | NS      | $-769500.00   | -0.75%            |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global Ltd.                       | Liberty Global Ltd. COM CL A                                  | CUSIP: G61188101<br>LEI: 213800HRMKKTYH7SKA24 | Long             | EC               | CORP              | BM        |     87700 | NS      | $964700.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                       | Shift4 Payments Inc CL A                                      | CUSIP: 82452J109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -12000 | NS      | $-829200.00   | -0.81%            |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc               | Ryan Specialty Holdings Inc CL A                              | CUSIP: 78351F107<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -19000 | NS      | $-1041200.00  | -1.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Mister Car Wash Inc                       | Mister Car Wash Inc COM                                       | CUSIP: 60646V105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -123600 | NS      | $-690924.00   | -0.67%            |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                             | On Holding AG NAMEN AKT A                                     | CUSIP: H5919C104<br>LEI: 506700FB3467B9W95526 | Short            | EC               | CORP              | CH        |     -5000 | NS      | $-185750.00   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Dutch Bros Inc                            | Dutch Bros Inc CL A                                           | CUSIP: 26701L100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -13000 | NS      | $-722020.00   | -0.70%            |  |  |  | No            |                  1 | On Loan: No      |
| Ncino Inc.                                | Ncino Inc. COM                                                | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Short            | EC               | CORP              | US        |     -9000 | NS      | $-240120.00   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Comerica Incorporated                     | Comerica Incorporated COM USD5                                | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |      9000 | NS      | $688500.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                       | Dominion Energy Inc COM STK NPV                               | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Short            | EC               | CORP              | US        |    -16000 | NS      | $-939040.00   | -0.91%            |  |  |  | No            |                  1 | On Loan: No      |
| Credit Acceptance Corporation of Michigan | Credit Acceptance Corporation of Michigan COM USD0.01         | CUSIP: 225310101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -2000 | NS      | $-894680.00   | -0.87%            |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc.                                 | eBay Inc. COM USD0.001                                        | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     10100 | NS      | $821231.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Idacorp Inc                               | Idacorp Inc COM NPV                                           | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Short            | EC               | CORP              | US        |     -7000 | NS      | $-903140.00   | -0.88%            |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                              | Entegris Inc COM USD0.01                                      | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Short            | EC               | CORP              | US        |     -6600 | NS      | $-604362.00   | -0.59%            |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp.                        | Atmos Energy Corp. COM NPV                                    | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Short            | EC               | CORP              | US        |     -6000 | NS      | $-1030320.00  | -1.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corporation                    | Fair Isaac Corporation COM USD0.01                            | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Short            | EC               | CORP              | US        |      -500 | NS      | $-829765.00   | -0.81%            |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Group Ltd.      | White Mountains Insurance Group Ltd. COM USD1                 | CUSIP: G9618E107<br>LEI: 549300N3FL068JERBG02 | Short            | EC               | CORP              | BM        |      -500 | NS      | $-952280.00   | -0.93%            |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corporation                      | M&T Bank Corporation COM USD0.50                              | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |      2000 | NS      | $367740.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc.                               | ResMed Inc. COM USD0.004                                      | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      3700 | NS      | $913456.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc.                      | Gilead Sciences Inc. COM USD0.001                             | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      7900 | NS      | $946341.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson, Inc.                     | Harley-Davidson, Inc. COM USD0.01                             | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |     33000 | NS      | $890340.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro Inc                                | Hasbro Inc COM USD0.50                                        | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |     12700 | NS      | $969137.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Exact Sciences Corporation                | Exact Sciences Corporation COM USD0.01                        | CUSIP: 30063P105<br>LEI: 549300VM3X1FYD4N9Z14 | Short            | EC               | CORP              | US        |    -16000 | NS      | $-1035040.00  | -1.01%            |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                             | U.S. Bancorp. COM USD0.01                                     | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     12300 | NS      | $574164.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                | Intuit Inc COM USD0.01                                        | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       700 | NS      | $467285.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                   | International Paper Co. COM USD1.00                           | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Short            | EC               | CORP              | US        |    -23000 | NS      | $-888720.00   | -0.86%            |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corporation.                       | Incyte Corporation. COM USD0.001                              | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     10300 | NS      | $962844.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                           | Emcor Group Inc COM STK USD0.01                               | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      1300 | NS      | $878514.00    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hartford Insurance Group Inc.         | The Hartford Insurance Group Inc. COM USD0.01                 | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      8000 | NS      | $993440.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                 | KLA Corp. COM USD0.001                                        | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       800 | NS      | $966992.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Aaon Inc                                  | Aaon Inc COM STK USD0.004                                     | CUSIP: 000360206<br>LEI: 549300ZHF0E5VM7PUD37 | Short            | EC               | CORP              | US        |    -10000 | NS      | $-983900.00   | -0.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                              | Lennar Corp. COM USD0.10 CLASS A                              | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Short            | EC               | CORP              | US        |     -8000 | NS      | $-990160.00   | -0.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc             | Martin Marietta Materials Inc COM USD0.01                     | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Short            | EC               | CORP              | US        |     -2000 | NS      | $-1226200.00  | -1.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Mattel, Inc.                              | Mattel, Inc. COM USD1.00                                      | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |     34800 | NS      | $639624.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corporation                | Northern Trust Corporation COM USD1.666                       | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |      6000 | NS      | $772020.00    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corporation                         | Nucor Corporation COM USD0.40                                 | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Short            | EC               | CORP              | US        |     -7000 | NS      | $-1050350.00  | -1.02%            |  |  |  | No            |                  1 | On Loan: No      |
| 3M Company                                | 3M Company COM USD0.01                                        | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Short            | EC               | CORP              | US        |     -5000 | NS      | $-832500.00   | -0.81%            |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corporation               | JetBlue Airways Corporation COM USD0.01                       | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Short            | EC               | CORP              | US        |    -93500 | NS      | $-392700.00   | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                             | QUALCOMM Inc. COM USD0.0001                                   | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      5100 | NS      | $922590.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc.                      | Silgan Holdings Inc. COM USD0.01                              | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Short            | EC               | CORP              | US        |    -19000 | NS      | $-733780.00   | -0.71%            |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                  | Skyworks Solutions, Inc. COM USD0.25                          | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     12700 | NS      | $987044.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation            | The Charles Schwab Corporation COM USD0.01                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      6000 | NS      | $567120.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategy Inc.                             | Strategy Inc. COM USD0.001 CLASS A                            | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Short            | EC               | CORP              | US        |     -3000 | NS      | $-808530.00   | -0.79%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                        | State Street Corp. COM STK USD1                               | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |      8100 | NS      | $936846.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                           | Starbucks Corp. COM USD0.001                                  | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Short            | EC               | CORP              | US        |    -11000 | NS      | $-889570.00   | -0.87%            |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc              | Thermo Fisher Scientific Inc COM USD1                         | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Short            | EC               | CORP              | US        |     -2000 | NS      | $-1134780.00  | -1.10%            |  |  |  | No            |                  1 | On Loan: No      |
| The Toro Company                          | The Toro Company COM USD1                                     | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |     12800 | NS      | $956544.00    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                        | Crown Holdings Inc COM USD5                                   | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      9600 | NS      | $932928.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                | Watsco Inc COM USD0.50                                        | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Short            | EC               | CORP              | US        |     -1000 | NS      | $-368010.00   | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp.                          | Concentrix Corp. COM                                          | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     18000 | NS      | $725580.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                         | MP Materials Corp COM CL A                                    | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Short            | EC               | CORP              | US        |    -13000 | NS      | $-820170.00   | -0.80%            |  |  |  | No            |                  1 | On Loan: No      |
| C3.ai Inc                                 | C3.ai Inc CL A                                                | CUSIP: 12468P104<br>LEI: 549300YDLK0YQO5B1V80 | Short            | EC               | CORP              | US        |    -10700 | NS      | $-188106.00   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Companies Inc                      | Rocket Companies Inc COM CL A                                 | CUSIP: 77311W101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -58000 | NS      | $-966280.00   | -0.94%            |  |  |  | No            |                  1 | On Loan: No      |
| UWM Holdings Corp                         | UWM Holdings Corp COM CL A                                    | CUSIP: 91823B109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -176000 | NS      | $-990880.00   | -0.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Travel Plus Leisure Co                    | Travel Plus Leisure Co COM                                    | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     13800 | NS      | $866364.00    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc                      | Blue Owl Capital Inc COM CL A                                 | CUSIP: 09581B103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -47000 | NS      | $-741190.00   | -0.72%            |  |  |  | No            |                  1 | On Loan: No      |
| SentinelOne Inc                           | SentinelOne Inc CL A                                          | CUSIP: 81730H109<br>LEI: 984500DCD44DBF954221 | Short            | EC               | CORP              | US        |    -51000 | NS      | $-910350.00   | -0.89%            |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corporation                       | Vontier Corporation COM                                       | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |     24000 | NS      | $924000.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| QuantumScape Corporation                  | QuantumScape Corporation COM CL A                             | CUSIP: 74767V109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -62000 | NS      | $-1143280.00  | -1.11%            |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd                         | FTAI Aviation Ltd COM USD0.01                                 | CUSIP: G3730V105<br>LEI: N/A                  | Short            | EC               | CORP              | KY        |     -6000 | NS      | $-1037400.00  | -1.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International Plc             | Weatherford International Plc COM USD0.001                    | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |     13600 | NS      | $1002184.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc.                      | Onto Innovation Inc. COM                                      | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Short            | EC               | CORP              | US        |     -7000 | NS      | $-944720.00   | -0.92%            |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                           | Gen Digital Inc COM                                           | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     37300 | NS      | $983228.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Informatica Inc                           | Informatica Inc COM CL A                                      | CUSIP: 45674M101<br>LEI: 984500E0DEFFE6DE9588 | Long             | EC               | CORP              | US        |     36400 | NS      | $905268.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corporation              | Envista Holdings Corporation COM USD0.01                      | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |     46900 | NS      | $954415.00    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                       | Coinbase Global Inc COM CL A                                  | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Short            | EC               | CORP              | US        |     -3000 | NS      | $-1031340.00  | -1.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Roivant Sciences Ltd                      | Roivant Sciences Ltd SHS                                      | CUSIP: G76279101<br>LEI: 549300DL466NY5J6U724 | Short            | EC               | CORP              | BM        |    -53000 | NS      | $-1059470.00  | -1.03%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** Steward Funds Inc

**Signature:** Jim Coppedge

**Name of Signer:** Jim Coppedge

**Title:** General Counsel & CCO