# EDGAR Filing Document

**Accession Number:** 0000908695
**File Stem:** 0001004726-25-001610
**Filing Date:** 2025-10
**Character Count:** 117171
**Document Hash:** 2d11d3dca4e1051b00480df1117d716a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-25-001610.hdr.sgml**: 20251028

**ACCESSION NUMBER**: 0001004726-25-001610

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251028

**DATE AS OF CHANGE**: 20251028

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VICTORY PORTFOLIOS III
- **CENTRAL INDEX KEY:** 0000908695

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07852
- **FILM NUMBER:** 251422623

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** 210-697-3625

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA MUTUAL FUNDS TRUST
- **DATE OF NAME CHANGE:** 20060420

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX FREE TRUST
- **DATE OF NAME CHANGE:** 19940325

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX EXEMPT TRUST
- **DATE OF NAME CHANGE:** 19930707

## Series and Classes Contracts Data

### Victory Target Managed Allocation Fund (Formerly USAA Target Managed Allocation Fund) (Series ID: S000050251)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000158651 | Victory Target Managed Allocation Fund | UTMAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios III

- **b. Investment Company Act file number:** 811-07852

- **c. CIK number of Registrant:** 0000908695

- **d. LEI of Registrant:** 549300WIDR2J6W1Y9S11

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

  - **Street Address 1:** 15935 La Cantera Pkwy Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-235-8396

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

- **a. Name of Series:** Victory Target Managed Allocation Fund

- **b. EDGAR series identifier (if any):** S000050251

- **c. LEI of Series:** 5493001Y7T79H1D82Q64

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**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:** $394313654.74

**Total Liabilities:** $6920723.73

**Net Assets:** $387392931.01

**Cash Not Reported:** $19394497.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000158651 | 2.30%                | -0.99%               | 2.81%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $59058.93                | $14735095.43                               |
| Month 2  | $11408091.63             | $-13284555.44                              |
| Month 3  | $5851026.92              | $5375144.21                                |

**Designated Index Information**

- **Index Name:** MSCI ALL WORLD COUNTRY INDEX

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| iShares Core MSCI Emerging Markets ETF                                    | ISHARES CORE MSCI EMERGING                    | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             |  | RF                | US        |    192761 | NS      | $11968530.49  | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HOME DEPOT, INC.                                                      | HOME DEPOT INC THE                            | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      2466 | NS      | $1003094.82   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| VULCAN MATERIALS COMPANY                                                  | VULCAN MATERIALS CO                           | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      3007 | NS      | $875518.12    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                           | UNITEDHEALTH GROUP INC                        | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      2112 | NS      | $654445.44    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSILORLUXOTTICA SA                                                       | ESSILORLUXOTTICA SA                           | CUSIP: N/A<br>LEI: 549300M3VH1A3ER1TB49       | Long             | EC               | CORP              | FR        |      3463 | NS      | $1056243.45   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                                                       | DEUTSCHE TELEKOM AG REG                       | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |     26905 | NS      | $984500.54    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| BANQUE NATIONALE DU CANADA                                                | NATIONAL BANK OF CANADA                       | CUSIP: 633067103<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | EC               | CORP              | CA        |      8056 | NS      | $846900.79    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| INTESA SANPAOLO SPA                                                       | INTESA SANPAOLO SPA                           | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |    213190 | NS      | $1342029.02   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| VERTEX PHARMACEUTICALS INCORPORATED                                       | VERTEX PHARAMACEUTICALS INC                   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      1262 | NS      | $493467.24    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FINECOBANK BANCA FINECO S.P.A.                                            | FINECOBANK BANCA FINECO SPA                   | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |     32109 | NS      | $704788.75    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ENEL - SPA                                                                | ENEL SPA                                      | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |     86315 | NS      | $796456.83    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| UNICREDIT, SOCIETA PER AZIONI                                             | UNICREDIT SPA                                 | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |     13362 | NS      | $1033388.14   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION                                              | COSTCO WHOLESALE CORP                         | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       782 | NS      | $737676.24    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| COVIVIO SA                                                                | COVIVIO                                       | CUSIP: N/A<br>LEI: 969500P8M3W2XX376054       | Long             | EC               | CORP              | FR        |      7367 | NS      | $482879.04    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PERNOD RICARD SA                                                          | PERNOD RICARD SA                              | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |      4042 | NS      | $460406.14    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| NETFLIX, INC.                                                             | NETFLIX INC                                   | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      2116 | NS      | $2556657.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                  | LLOYDS BANKING GROUP PLC                      | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |    764803 | NS      | $820311.74    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| VISA INC.                                                                 | VISA INC CLASS A                              | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      4022 | NS      | $1414859.16   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| DOORDASH, INC.                                                            | DOORDASH INC                                  | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      3428 | NS      | $840717.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS, INC.                                                     | ARISTA NETWORKS INC                           | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      7243 | NS      | $989031.65    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ROLLS-ROYCE HOLDINGS PLC                                                  | ROLLS ROYCE HOLDINGS PLC                      | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |     91739 | NS      | $1322717.73   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORPORATION                                                  | LAM RESEARCH CORP                             | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     12157 | NS      | $1217523.55   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                                                         | MERCK CO INC                                  | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     10679 | NS      | $898317.48    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrari N.V.                                                              | FERRARI NV                                    | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | NL        |      1723 | NS      | $819881.66    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| ANZ GROUP HOLDINGS LIMITED                                                | ANZ GROUP HOLDINGS LTD                        | CUSIP: N/A<br>LEI: 9845005D9C6BAA10BK72       | Long             | EC               | CORP              | AU        |     34874 | NS      | $766150.95    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| MASTERCARD INCORPORATED.                                                  | MASTERCARD INC CLASS A                        | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      4744 | NS      | $2824055.76   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV, INC.                                                              | FISERV INC                                    | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      7074 | NS      | $977485.32    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY                                                        | FORD MOTOR CO                                 | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |     48917 | NS      | $575753.09    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corporation                                                        | ITOCHU CORPORATION                            | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |     20200 | NS      | $1141188.56   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandvik Aktiebolag                                                        | SANDVIK AB                                    | CUSIP: N/A<br>LEI: 5299008ZUAXN43LVZF54       | Long             | EC               | CORP              | SE        |     46427 | NS      | $1174446.35   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co.,Ltd.                                                 | RECRUIT HOLDINGS CO LTD                       | CUSIP: N/A<br>LEI: 353800R2LRSMVVC4I806       | Long             | EC               | CORP              | JP        |     10100 | NS      | $578014.14    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Intact Corporation financiere                                             | INTACT FINANCIAL CORP                         | CUSIP: 45823T106<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | EC               | CORP              | CA        |      3480 | NS      | $696988.35    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corporation                                                    | BROOKFIELD CORP                               | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |     20303 | NS      | $1334657.60   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE SYSTEMS PLC                                                           | BAE SYSTEMS PLC                               | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |     52291 | NS      | $1239163.47   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| RUSSELL 2000 MINI INDEX FUTURE SEP25                                      | RUSSELL 2000 MINI INDEX FUTURE SEP25          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -185 | NC      | $-2289675.75  | -0.59%            |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                                                 | SHELL PLC                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     22359 | NS      | $8004.52      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED UTILITIES GROUP PLC                                                | UNITED UTILITIES GROUP PLC                    | CUSIP: N/A<br>LEI: 2138002IEYQAOC88ZJ59       | Long             | EC               | CORP              | GB        |     73862 | NS      | $1147358.99   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS INC.                                                | ROGERS COMMUNICATIONS INC                     | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | EC               | CORP              | CA        |     13807 | NS      | $494787.70    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria, S.A.                                     | BANCO BILBAO VIZCAYA ARGENTARIA SA            | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |     66541 | NS      | $1210872.14   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| METRO INC.                                                                | METRO INC                                     | CUSIP: 59162N109<br>LEI: 549300KQ7DCG4IXSNW78 | Long             | EC               | CORP              | CA        |     10376 | NS      | $743819.87    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CHARLES SCHWAB CORPORATION                                            | THE CHARLES SCHWAB CORP                       | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     10636 | NS      | $1019354.24   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Geberit AG                                                                | GEBERIT AG                                    | CUSIP: N/A<br>LEI: 52990093Z5OHD6T7BS47       | Long             | EC               | CORP              | CH        |       918 | NS      | $673265.86    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| GECINA SA                                                                 | GECINA SA                                     | CUSIP: N/A<br>LEI: 9695003E4MMA10IBTR26       | Long             | EC               | CORP              | FR        |      4894 | NS      | $480509.13    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                                             | GOLDMAN SACHS GROUP INC THE                   | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1489 | NS      | $1109677.25   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd.                                                              | NUTRIEN LTD                                   | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     11445 | NS      | $659679.40    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                                         | JOHNSON JOHNSON                               | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      3657 | NS      | $647910.69    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                                                          | ROCHE HOLDING AG                              | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |      4189 | NS      | $1366197.55   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| KEYENCE CORPORATION                                                       | KEYENCE CORPORATION                           | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |       900 | NS      | $343153.72    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| BROADRIDGE FINANCIAL SOLUTIONS, INC.                                      | BROADRIDGE FINANCIAL SOLUTIONS                | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      2338 | NS      | $597639.56    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                                                     | GILEAD SCIENCES INC                           | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      4749 | NS      | $536494.53    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTRA SPACE STORAGE INC.                                                  | EXTRA SPACE STORAGE INC                       | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5437 | NS      | $780644.46    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD.                                              | ROYAL CARIBBEAN CRUISES LTD                   | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |      2456 | NS      | $892068.32    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD ASSET MANAGEMENT LTD.                                          | BROOKFIELD ASSET MANAGEMENT LTD               | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |      9751 | NS      | $586892.04    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Limited                                                         | AIA GROUP LTD                                 | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |     47400 | NS      | $450523.82    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED                              | PUBLIC SERVICE ENTERPRISE GROUP INC           | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |      6665 | NS      | $548729.45    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujitsu Limited                                                           | FUJITSU LTD                                   | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |     13500 | NS      | $324899.71    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BOOKING HOLDINGS INC.                                                     | BOOKING HOLDINGS INC                          | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       175 | NS      | $979833.75    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                                               | PFIZER INC                                    | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     34963 | NS      | $865683.88    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIPOTLE MEXICAN GRILL, INC.                                              | CHIPOTLE MEXICAN GRILL INC                    | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15528 | NS      | $654349.92    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPERIAN PLC                                                              | EXPERIAN PLC                                  | CUSIP: N/A<br>LEI: 635400RXXHHYT1JTSZ26       | Long             | EC               | CORP              | JE        |     20046 | NS      | $1038945.86   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                                              | MIZUHO FINANCIAL GROUP INC                    | CUSIP: N/A<br>LEI: 353800CI5L6DDAN5XZ33       | Long             | EC               | CORP              | JP        |     25500 | NS      | $838981.51    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Airbus SE                                                                 | AIRBUS SE                                     | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | NL        |      4524 | NS      | $945743.91    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| BANQUE CANADIENNE IMPERIALE DE COMMERCE                                   | CANADIAN IMPERIAL BANK OF COMM                | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |     13462 | NS      | $1040040.47   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORPORATION                                                           | RTX CORP                                      | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      9184 | NS      | $1456582.40   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| UNILEVER PLC                                                              | UNILEVER PLC                                  | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |     22280 | NS      | $1405333.45   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| STMicroelectronics N.V.                                                   | STMICROELECTRONICS N V                        | CUSIP: N/A<br>LEI: 213800Z8NOHIKRI42W10       | Long             | EC               | CORP              | NL        |     15357 | NS      | $418461.98    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| SUN HUNG KAI PROPERTIES LIMITED                                           | SUN HUNG KAI PROPERTIES LTD                   | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |     48500 | NS      | $572922.83    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                           | ASTRAZENECA PLC                               | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     12398 | NS      | $1976135.68   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| ADOBE INC.                                                                | ADOBE INC                                     | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      2903 | NS      | $1035500.10   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneCo Ltd.                                                              | STONECO LTD                                   | CUSIP: G85158106<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               | CORP              | KY        |     20113 | NS      | $331261.11    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| JAPAN TOBACCO INC.                                                        | JAPAN TOBACCO INC                             | CUSIP: N/A<br>LEI: 353800Z0ENYBQO0XRJ31       | Long             | EC               | CORP              | JP        |     39200 | NS      | $1246497.92   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                                                    | DBS GROUP HOLDINGS LTD                        | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |     17300 | NS      | $681137.08    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| HUBSPOT, INC.                                                             | HUBSPOT INC                                   | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |       897 | NS      | $433403.49    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER-HANNIFIN CORPORATION                                               | PARKER HANNIFIN CORP                          | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      1181 | NS      | $896792.35    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co., Ltd.                                                        | NINTENDO CO LTD                               | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |      7100 | NS      | $633305.91    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| CK HUTCHISON HOLDINGS LIMITED                                             | CK HUTCHISON HOLDINGS                         | CUSIP: N/A<br>LEI: 254900Z8HM1VEPOQ2G79       | Long             | EC               | CORP              | KY        |     79000 | NS      | $522699.60    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Group Corporation                                                    | SONY GROUP CORP                               | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |     46300 | NS      | $1265560.78   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Adyen N.V.                                                                | ADYEN NV                                      | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               | CORP              | NL        |       389 | NS      | $653139.05    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                              | BARCLAYS PLC                                  | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | RF                | GB        |    234518 | NS      | $1142559.58   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Lifco AB (publ)                                                           | LIFCO AB                                      | CUSIP: N/A<br>LEI: 549300RTLL4VDQRCTW41       | Long             | EC               | CORP              | SE        |     25430 | NS      | $903946.22    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA CORPORATION                                                        | NVIDIA CORP                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    101992 | NS      | $17764966.56  | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORPORATION                                                           | KLA CORP                                      | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      1049 | NS      | $914728.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| THE COCA-COLA COMPANY                                                     | COCA COLA CO THE                              | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     14913 | NS      | $1028847.87   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                                                          | DHL GROUP                                     | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |     21877 | NS      | $997014.25    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercedes-Benz Group AG                                                    | Mercedes Benz Group AG                        | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |     14166 | NS      | $886497.44    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                        | ORACLE CORP                                   | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      6248 | NS      | $1412860.24   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPAGNIE DE SAINT-GOBAIN SA                                              | COMPAGNIE DE SAINT GOBAIN                     | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |      5673 | NS      | $612397.81    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| THE WALT DISNEY COMPANY                                                   | WALT DISNEY CO THE                            | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      7211 | NS      | $853638.18    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| THOMSON REUTERS CORPORATION                                               | THOMSON REUTERS CORP                          | CUSIP: 884903808<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |      4911 | NS      | $872299.75    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| VEOLIA ENVIRONNEMENT SA                                                   | VEOLIA ENVIRONNEMENT                          | CUSIP: N/A<br>LEI: 969500LENY69X51OOT31       | Long             | EC               | CORP              | FR        |     23694 | NS      | $782442.48    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| APPLOVIN CORPORATION                                                      | APPLOVIN CORP                                 | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |       839 | NS      | $401537.01    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC.                                                           | S P GLOBAL INC                                | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      2067 | NS      | $1133625.48   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLARAMA INC.                                                            | DOLLARAMA INC                                 | CUSIP: 25675T107<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | EC               | CORP              | CA        |      7649 | NS      | $1043075.84   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC.                                             | ALIMENTATION COUCHE TARD INC                  | CUSIP: 01626P148<br>LEI: 549300OSW32RVX8CCZ87 | Long             | EC               | CORP              | CA        |     14627 | NS      | $741469.17    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| L E Lundbergforetagen Aktiebolag (publ)                                   | LUNDBERGS AB B SHS                            | CUSIP: N/A<br>LEI: 529900BPSFZS6O3A9R04       | Long             | EC               | CORP              | SE        |     18269 | NS      | $924938.38    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                         | HSBC HOLDINGS PLC                             | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |    164925 | NS      | $2110964.90   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| TMX Group Limited                                                         | TMX GROUP LTD                                 | CUSIP: 87262K105<br>LEI: 549300N65GFVKSHGJW59 | Long             | EC               | CORP              | CA        |     15651 | NS      | $625151.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                                        | CANADIAN NATURAL RESOURCES LTD                | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |     45201 | NS      | $1431540.55   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNEIDER ELECTRIC SE                                                     | SCHNEIDER ELECTRIC SA                         | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |      5804 | NS      | $1425836.84   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| EURO STOXX 50 FUTURE SEP25                                                | EURO STOXX 50 FUTURE SEP25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |       342 | NC      | $62059.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY, INC.                                                             | WORKDAY INC                                   | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      2340 | NS      | $540118.80    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| E.ON SE                                                                   | E ON SE                                       | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |     34369 | NS      | $612790.93    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| BOC HONG KONG (HOLDINGS) LIMITED                                          | BOC HONG KONG HOLDINGS LTD                    | CUSIP: N/A<br>LEI: 254900JB98W77JDJMW15       | Long             | EC               | CORP              | HK        |    183000 | NS      | $830874.81    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| DIAGEO PLC                                                                | DIAGEO PLC                                    | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |     36813 | NS      | $1020819.10   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| O'Reilly Automotive, Inc.                                                 | O REILLY AUTOMOTIVE INC                       | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      5700 | NS      | $590976.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VINCI SA                                                                  | VINCI SA                                      | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |      8761 | NS      | $1188161.01   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| CORPORATION CAMECO                                                        | CAMECO CORP                                   | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |      7880 | NS      | $609649.87    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA, INC.                                                               | TESLA INC                                     | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     10908 | NS      | $3641853.96   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep N.V.                                                            | ING GROEP NV                                  | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |     51974 | NS      | $1240767.36   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                   | BRISTOL MYERS SQUIBB CO                       | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     13278 | NS      | $626456.04    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL, INC.                                                  | INTUITIVE SURGICAL INC                        | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      2609 | NS      | $1234826.66   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Stantec Inc.                                                              | STANTEC INC                                   | CUSIP: 85472N109<br>LEI: 549300MZ7NGUZDCP2T16 | Long             | EC               | CORP              | CA        |      5552 | NS      | $603555.61    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicinity Centres                                                          | VICINITY CENTRES                              | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | AU        |    431059 | NS      | $729679.58    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| ZOETIS INC.                                                               | ZOETIS INC                                    | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      4480 | NS      | $700672.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SEA LIMITED                                                               | SEA LTD ADR                                   | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             |  | CORP              | KY        |      2687 | NS      | $501232.98    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DANONE SA                                                                 | DANONE S A                                    | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |     17266 | NS      | $1441018.87   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| THE KROGER CO.                                                            | KROGER CO THE                                 | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      7941 | NS      | $538717.44    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH MOET HENNESSY LOUIS VUITTON SE                                       | LVMH MOET HENNESSY LOUIS VUITTON SA           | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |      2211 | NS      | $1305332.60   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| CK ASSET HOLDINGS LIMITED                                                 | CK ASSET HOLDINGS LIMITED                     | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | KY        |    112500 | NS      | $532314.05    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| GENMAB A/S                                                                | GENMAB A S                                    | CUSIP: N/A<br>LEI: 529900MTJPDPE4MHJ122       | Long             | EC               | CORP              | DK        |      3603 | NS      | $899382.08    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| S P 500 EMINI FUTURE SEP25                                                | S P 500 EMINI FUTURE SEP25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        43 | NC      | $226508.19    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC.                                                                | AMGEN INC                                     | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      2725 | NS      | $784009.75    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC.                                                            | SNOWFLAKE INC                                 | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      3356 | NS      | $800942.96    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC.                                                | PALANTIR TECHNOLOGIES INC                     | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      4879 | NS      | $764588.09    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY AND COMPANY                                                     | ELI LILLY CO                                  | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      3955 | NS      | $2897353.90   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC.                                                           | GE VERNOVA LLC                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      1380 | NS      | $845898.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPAGNIE PETROLIERE IMPERIALE LTEE                                       | IMPERIAL OIL LTD                              | CUSIP: 453038408<br>LEI: 549300JZNB745JT5WY51 | Long             | EC               | CORP              | CA        |      7805 | NS      | $708315.69    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ressources Teck Limitee                                                   | TECK RESOURCES LTD                            | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |     10338 | NS      | $353533.70    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PUBLIC LIMITED COMPANY                                              | NEW LINDE PLC                                 | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |      1571 | NS      | $751393.59    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico, Inc.                                                             | PEPSICO INC                                   | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      6221 | NS      | $924751.65    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                   | EXXON MOBIL CORP                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      5367 | NS      | $613394.43    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORPORATION                                                      | AMPHENOL CORP CLASS A                         | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     11692 | NS      | $1272791.12   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTINET, INC.                                                            | FORTINET INC                                  | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      5889 | NS      | $463876.53    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                                               | NOVARTIS AG                                   | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |     21948 | NS      | $2778524.55   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| SPOTIFY TECHNOLOGY S.A.                                                   | SPOTIFY TECHNOLOGY SA                         | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |       923 | NS      | $629375.24    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                                                 | SHELL PLC                                     | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |     22359 | NS      | $823125.79    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOFTWARE, INC.                                       | TAKE TWO INTERACTIVE SOFTWARE                 | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      2739 | NS      | $638926.53    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS, INC.                                                | CROWDSTRIKE HOLDINGS INC A                    | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      1219 | NS      | $516490.30    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Industria de Diseno Textil, S.A.                                          | INDUSTRIA DE DISENO TEXTIL SA INDITEX         | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |     13063 | NS      | $646029.81    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN COPPER CORPORATION                                               | SOUTHERN COPPER CORP                          | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |      5153 | NS      | $495107.26    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AXA SA                                                                    | AXA SA                                        | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |     15891 | NS      | $740099.49    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORPORATION                                               | WESTPAC BANKING CORP                          | CUSIP: N/A<br>LEI: EN5TNI6CI43VEPAMHL14       | Long             | EC               | CORP              | AU        |     29214 | NS      | $735705.36    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| MSCI INC.                                                                 | MSCI INC COMMON                               | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |       735 | NS      | $417274.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VEEVA SYSTEMS INC.                                                        | VEEVA SYSTEMS INC                             | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      3163 | NS      | $851479.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Nu Holdings Ltd                                                           | NU HOLDINGS LTD CAYMAN ISLANDS                | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |     33219 | NS      | $491641.20    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM GROUP INCORPORATED                                              | TRANSDIGM GROUP INC                           | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       326 | NS      | $456034.88    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| GENTING SINGAPORE LIMITED                                                 | GENTING SINGAPORE LTD                         | CUSIP: N/A<br>LEI: 254900Y2N3AK93K1O866       | Long             | EC               | CORP              | SG        |   1220700 | NS      | $684920.95    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| SANOFI SA                                                                 | SANOFI                                        | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |     11036 | NS      | $1094805.74   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                                     | SUMITOMO MITSUI FINANCIAL GROUP INC           | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |     37200 | NS      | $1013266.67   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPAGNIE FINANCIERE RICHEMONT SA                                         | CIE FINANCIERE RICHEMONT SA                   | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |      6854 | NS      | $1200241.53   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc.                                                       | CENOVUS ENERGY INC                            | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |     36260 | NS      | $603101.08    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                                                         | ASML HOLDING N V                              | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      3040 | NS      | $2257280.52   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| ZSCALER, INC.                                                             | ZSCALER INC                                   | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |      1660 | NS      | $459903.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TOYOTA MOTOR CORPORATION                                                  | TOYOTA MOTOR CORP                             | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |     62100 | NS      | $1202529.20   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| BASF SE                                                                   | BASF SE                                       | CUSIP: N/A<br>LEI: 529900PM64WH8AF1E917       | Long             | EC               | CORP              | DE        |      9220 | NS      | $489731.58    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Partners Group Holding AG                                                 | PARTNERS GROUP HOLDING AG                     | CUSIP: N/A<br>LEI: 549300I3IVVWZWDHI788       | Long             | EC               | CORP              | CH        |       567 | NS      | $778812.21    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| ARC RESOURCES LTD                                                         | ARC RESOURCES LTD                             | CUSIP: 00208D408<br>LEI: 5493000OCGNQZEVTDT08 | Long             | EC               | CORP              | CA        |     30556 | NS      | $588111.77    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| DENSO CORPORATION                                                         | DENSO CORP                                    | CUSIP: N/A<br>LEI: 549300RYPA10CQM3QK38       | Long             | EC               | CORP              | JP        |     59700 | NS      | $855561.65    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Group, Inc.                                         | SUMITOMO MITSUI TRUST GROUP IN                | CUSIP: N/A<br>LEI: 353800P843RLCDBLNT17       | Long             | EC               | CORP              | JP        |     44100 | NS      | $1255169.08   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES PLC                                                    | TRANE TECHNOLOGIES PLC                        | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      1555 | NS      | $646258.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SANTOS LIMITED                                                            | SANTOS LTD                                    | CUSIP: N/A<br>LEI: 5299000RK70B5O2M7077       | Long             | EC               | CORP              | AU        |    105168 | NS      | $550464.53    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                           | INTERCONTINENTAL EXCHANGE INC                 | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      3589 | NS      | $633817.40    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES, INC.                                               | KEYSIGHT TECHNOLOGIES INC                     | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |      3023 | NS      | $494048.89    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Epiroc Aktiebolag                                                         | EPIROC AB                                     | CUSIP: N/A<br>LEI: 5493004Q73OEYW1SPE91       | Long             | EC               | CORP              | SE        |     32443 | NS      | $603960.02    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| EATON CORPORATION PUBLIC LIMITED COMPANY                                  | EATON CORP PLC                                | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |      1188 | NS      | $414778.32    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Re AG                                                               | SWISS RE AG                                   | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |      4865 | NS      | $881917.71    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| APPLE INC.                                                                | APPLE INC                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     67868 | NS      | $15754877.52  | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SPI 200 FUTURES SEP25                                                     | SPI 200 FUTURES SEP25                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | AU        |      -141 | NC      | $-422792.53   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL ELECTRIC COMPANY                                                  | GENERAL ELECTRIC CO                           | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      4689 | NS      | $1290412.80   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| WOODSIDE ENERGY GROUP LTD                                                 | WOODSIDE ENERGY GROUP LTD                     | CUSIP: N/A<br>LEI: 2549005ZC5RXAOO7FH41       | Long             | EC               | CORP              | AU        |     27406 | NS      | $472302.82    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS, INC.                                                  | EQUITABLE HOLDINGS INC                        | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     14724 | NS      | $784200.24    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco Aktiebolag                                                    | ATLAS COPCO AB                                | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |     62462 | NS      | $888447.79    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co. KGaA                                                      | HENKEL AG CO KGAA                             | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |     11602 | NS      | $891588.89    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Sika AG                                                                   | SIKA AG                                       | CUSIP: N/A<br>LEI: 549300R3N69ECGYPU434       | Long             | EC               | CORP              | CH        |      4839 | NS      | $1123131.51   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                       | MOODY S CORP                                  | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      2056 | NS      | $1048066.56   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTA SERVICES, INC.                                                     | QUANTA SERVICES INC                           | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      1956 | NS      | $739289.76    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                                               | VERIZON COMMUNICATIONS INC                    | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      9150 | NS      | $404704.50    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| COUPANG, INC.                                                             | COUPANG INC                                   | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |     12972 | NS      | $370739.76    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TJX COMPANIES, INC.                                                   | TJX COS INC                                   | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      6723 | NS      | $918429.03    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Corporation                                                    | MITSUBISHI CORP                               | CUSIP: N/A<br>LEI: KVIPTY4PULAPGC1VVD26       | Long             | EC               | CORP              | JP        |     59200 | NS      | $1336686.97   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                        | FAIRFAX FINANCIAL HOLDINGS LTD                | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |       465 | NS      | $800618.12    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| LES COMPAGNIES LOBLAW LIMITEE                                             | LOBLAW COMPANIES LTD                          | CUSIP: 539481101<br>LEI: 5493008LN3O1DIDTSH67 | Long             | EC               | CORP              | CA        |     16644 | NS      | $679844.13    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN LIFE FINANCIAL INC                                                    | SUN LIFE FINANCIAL INC                        | CUSIP: 866796105<br>LEI: 549300V040JZX5S66Z78 | Long             | EC               | CORP              | CA        |     14620 | NS      | $854075.44    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| XP Inc.                                                                   | XP INC                                        | CUSIP: G98239109<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               | CORP              | KY        |     21282 | NS      | $386055.48    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INCORPORATED                                     | THERMO FISHER SCIENTIFIC INC                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1322 | NS      | $651375.84    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYERA CORP.                                                              | KEYERA CORP                                   | CUSIP: 493271100<br>LEI: 254900LXI62FUHZGH122 | Long             | EC               | CORP              | CA        |     16351 | NS      | $526894.66    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hang Seng Bank Limited                                                    | HANG SENG BANK                                | CUSIP: N/A<br>LEI: 5493009Z5F07LWZYMK62       | Long             | EC               | CORP              | HK        |     52400 | NS      | $751390.86    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Magna International Inc.                                                  | MAGNA INTERNATIONAL INC                       | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |      9271 | NS      | $425607.22    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeda Pharmaceutical Company Limited                                     | TAKEDA PHARMACEUTICAL CO LTD                  | CUSIP: N/A<br>LEI: 549300ZLMVP4X0OGR454       | Long             | EC               | CORP              | JP        |     50600 | NS      | $1523354.72   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| SCENTRE GROUP                                                             | SCENTRE GROUP                                 | CUSIP: N/A<br>LEI: N/A                        | Long             |  | RF                | AU        |    213088 | NS      | $567809.42    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| QUALCOMM INCORPORATED                                                     | QUALCOMM INC                                  | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      5970 | NS      | $959558.10    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| STRYKER CORPORATION                                                       | STRYKER CORP                                  | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      1070 | NS      | $418808.70    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CINTAS CORPORATION                                                        | CINTAS CORP                                   | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2400 | NS      | $504072.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MANULIFE FINANCIAL CORPORATION                                            | MANULIFE FINANCIAL CORP                       | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |     37572 | NS      | $1155998.40   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                                          | PHILIP MORRIS INTERNATIONAL INC               | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      4696 | NS      | $784842.48    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Infineon Technologies AG                                                  | INFINEON TECHNOLOGIES AG                      | CUSIP: N/A<br>LEI: TSI2PJM6EPETEQ4X1U25       | Long             | EC               | CORP              | DE        |     19303 | NS      | $790075.88    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| PEMBINA PIPELINE CORPORATION                                              | PEMBINA PIPELINE CORP                         | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |     17574 | NS      | $663824.19    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| POWER CORPORATION DU CANADA                                               | POWER CORP OF CANADA                          | CUSIP: 739239101<br>LEI: 549300BE2CB8T87IJV50 | Long             | EC               | CORP              | CA        |     17222 | NS      | $729037.91    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS, INC.                                                      | META PLATFORMS INC                            | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      9038 | NS      | $6676370.60   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL ENVIRONMENTAL INC.                                                    | GFL ENVIRONMENTAL INC                         | CUSIP: 36168Q104<br>LEI: 549300FYK4MBXWIVZU26 | Long             | EC               | CORP              | CA        |      8950 | NS      | $447760.70    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| GEORGE WESTON LIMITEE.                                                    | GEORGE WESTON LIMITED                         | CUSIP: 961148509<br>LEI: 549300FAHC3L1QKNT280 | Long             | EC               | CORP              | CA        |      7482 | NS      | $481873.06    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, INC.                                                                | NIKE INC CLASS B                              | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      6837 | NS      | $528978.69    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE DESIGN SYSTEMS, INC.                                              | CADENCE DESIGN SYSTEMS INC                    | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      2150 | NS      | $753424.50    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus N.V.                                                               | PROSUS NV                                     | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |     16100 | NS      | $995848.69    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| BRITISH AMERICAN TOBACCO P.L.C.                                           | BRITISH AMERICAN TOBACCO PLC                  | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |     15389 | NS      | $873779.14    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| THE PROGRESSIVE CORPORATION                                               | PROGRESSIVE CORP                              | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      2963 | NS      | $732038.78    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK, INC.                                                           | BLACKROCK INC                                 | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      1016 | NS      | $1145174.24   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| LONDON STOCK EXCHANGE GROUP PLC                                           | LONDON STOCK EXCHANGE GROUP PL                | CUSIP: N/A<br>LEI: 213800QAUUUP6I445N30       | Long             | EC               | CORP              | GB        |      4761 | NS      | $589960.51    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Holcim AG                                                                 | HOLCIM LTD                                    | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |     11554 | NS      | $968621.93    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERIPRISE FINANCIAL, INC.                                                | AMERIPRISE FINANCIAL INC                      | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      2034 | NS      | $1047123.54   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Vonovia SE                                                                | VONOVIA SE                                    | CUSIP: N/A<br>LEI: 5299005A2ZEP6AP7KM81       | Long             | EC               | CORP              | DE        |     16642 | NS      | $538875.39    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Boerse Aktiengesellschaft                                        | DEUTSCHE BOERSE AG                            | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |      2614 | NS      | $769320.30    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                                   | BANK OF NOVA SCOTIA                           | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |     14407 | NS      | $899860.46    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SAFRAN SA                                                                 | SAFRAN SA                                     | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |      2593 | NS      | $861650.48    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC.                                                     | KEURIG DR PEPPER INC                          | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     28319 | NS      | $823799.71    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CGI INC.                                                                  | CGI INC                                       | CUSIP: 12532H104<br>LEI: 549300WSRCZY73ZG3090 | Long             | EC               | CORP              | CA        |      5472 | NS      | $531419.98    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIBAIL-RODAMCO-WESTFIELD SE                                              | UNIBAIL RODAMCO WESTFIELD                     | CUSIP: N/A<br>LEI: 969500SHQITWXSIS7N89       | Long             |  | CORP              | FR        |      6916 | NS      | $719474.73    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                                                          | TOTALENERGIES SE                              | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |     16138 | NS      | $1013070.40   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola, S.A.                                                           | IBERDROLA SA                                  | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |     73001 | NS      | $1376012.14   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Bayerische Motoren Werke Aktiengesellschaft                               | BAYERISCHE MOTOREN WERKE BMW AG               | CUSIP: N/A<br>LEI: YEH5ZCD6E441RHVHD759       | Long             | EC               | CORP              | DE        |      7542 | NS      | $788977.01    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| RB Global Inc                                                             | RB GLOBAL INC                                 | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |      6262 | NS      | $717357.43    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                                             | ALPHABET INC CLASS C                          | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     18600 | NS      | $3971658.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORPORATION                                                     | MICROSOFT CORP                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     32223 | NS      | $16327071.87  | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings, Inc.                                               | TOKIO MARINE HOLDINGS INC                     | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |     18200 | NS      | $780640.21    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                                     | ELEVANCE HEALTH INC                           | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      1276 | NS      | $406597.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VODAFONE GROUP PUBLIC LIMITED COMPANY                                     | VODAFONE GROUP PLC                            | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |    588695 | NS      | $704816.56    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| CUMMINS INC.                                                              | CUMMINS INC                                   | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      2214 | NS      | $882146.16    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMONWEALTH BANK OF AUSTRALIA                                            | COMMONWEALTH BANK OF AUSTRALIA                | CUSIP: N/A<br>LEI: MSFSBD3QN1GSN7Q6C537       | Long             | EC               | CORP              | AU        |      6151 | NS      | $683515.13    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ASSA ABLOY AB                                                             | ASSA ABLOY AB                                 | CUSIP: N/A<br>LEI: 549300YECS8HKCIMMB67       | Long             | EC               | CORP              | SE        |     17913 | NS      | $633111.30    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander, S.A.                                                     | BANCO SANTANDER SA                            | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |    213841 | NS      | $2042008.39   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| WH GROUP LIMITED                                                          | WH GROUP LTD                                  | CUSIP: N/A<br>LEI: 254900A4AYEDRWYSE928       | Long             | EC               | CORP              | KY        |    454500 | NS      | $488424.61    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| PALO ALTO NETWORKS, INC.                                                  | PALO ALTO NETWORKS INC                        | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      5154 | NS      | $981940.08    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| iA Societe Financiere Inc.                                                | IA FINANCIAL CORP INC                         | CUSIP: 45075E104<br>LEI: 549300ZXLJVHQAIXV215 | Long             | EC               | CORP              | CA        |      6496 | NS      | $698939.70    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                                                          | ROCHE HOLDING AG                              | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |      1711 | NS      | $587728.98    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| AT&T INC.                                                                 | AT T INC                                      | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     34789 | NS      | $1018969.81   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| HOYA CORPORATION                                                          | HOYA CORP                                     | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |      5700 | NS      | $736096.89    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| SHOPIFY INC.                                                              | SHOPIFY INC                                   | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     14360 | NS      | $2028512.09   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTODESK, INC.                                                            | AUTODESK INC                                  | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      3190 | NS      | $1003893.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubu Electric Power Company, Incorporated                                | CHUBU ELECTRIC POWER CO INC                   | CUSIP: N/A<br>LEI: 529900A76GOP0PGNHT63       | Long             | EC               | CORP              | JP        |    101300 | NS      | $1395017.49   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Energy AG                                                         | SIEMENS ENERGY AG                             | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |      7353 | NS      | $782137.70    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                                                    | SAP SE                                        | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |      8484 | NS      | $2309106.80   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| WNS (HOLDINGS) LIMITED                                                    | WNS HOLDINGS LTD                              | CUSIP: G98196101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | JE        |      4885 | NS      | $368573.25    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Compagnie des chemins de fer nationaux du Canada                          | CANADIAN NATIONAL RAILWAY COMPANY             | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |      9395 | NS      | $909601.84    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                                              | WILLIAMS COS INC                              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |      6820 | NS      | $394741.60    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FTSE 100 INDEX FUTURE SEP25                                               | FTSE 100 INDEX FUTURE SEP25                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | GB        |      -230 | NC      | $-955941.86   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY, INC.                                                      | NEXTERA ENERGY INC                            | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     11948 | NS      | $860853.40    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS, INC.                                                            | SYNOPSYS INC                                  | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      1083 | NS      | $653612.16    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| HANG SENG INDEX FUTURE SEP25                                              | HANG SENG INDEX FUTURE SEP25                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | HK        |       -43 | NC      | $150542.95    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TOPIX INDX FUTR SEP25                                                     | TOPIX INDX FUTR SEP25                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |       156 | NC      | $3017892.31   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GROUP, INC.                                                          | CBRE GROUP INC CL A                           | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      2788 | NS      | $451990.56    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HERMES INTERNATIONAL S.C.A.                                               | HERMES INTERNATIONAL                          | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |       386 | NS      | $945290.57    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                               | BANK OF AMERICA CORP                          | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     21818 | NS      | $1107045.32   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| THE SHERWIN-WILLIAMS COMPANY                                              | SHERWIN WILLIAMS CO                           | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      2039 | NS      | $745927.37    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands International Inc.                                      | RESTAURANT BRANDS INTERNATIONAL INC           | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |      9163 | NS      | $580327.78    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC.                                                               | ABBVIE INC                                    | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      7079 | NS      | $1489421.60   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES, INC.                                                   | UBER TECHNOLOGIES INC                         | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     11927 | NS      | $1118156.25   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE, INC.                                                          | SALESFORCE INC                                | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      3713 | NS      | $951456.25    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in Muenchen | MUENCHENER RUECKVERSICHERUNGS GESELLSCHAFT AG | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |      1718 | NS      | $1095817.49   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| ACCENTURE PUBLIC LIMITED COMPANY                                          | ACCENTURE PLC                                 | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      2519 | NS      | $654864.43    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Heavy Industries, Ltd.                                         | MITSUBISHI HEAVY INDUSTRIES LT                | CUSIP: N/A<br>LEI: 353800TJ98PCAZROVE69       | Long             | EC               | CORP              | JP        |     21800 | NS      | $550118.09    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC.                                            | HILTON WORLDWIDE HOLDINGS INC                 | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      4834 | NS      | $1334474.04   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS, INC.                                                            | PROLOGIS INC                                  | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      5967 | NS      | $678925.26    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPEDIA GROUP, INC.                                                       | EXPEDIA GROUP INC                             | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2455 | NS      | $527334.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DYNATRACE, INC.                                                           | DYNATRACE INC                                 | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     10068 | NS      | $509440.80    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Exchanges and Clearing Limited                                  | HONG KONG EXCHANGES CLEARING LTD              | CUSIP: N/A<br>LEI: 213800YTVSXYQN17BW16       | Long             | EC               | CORP              | HK        |      8800 | NS      | $515595.75    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy Inc.                                                        | SUNCOR ENERGY INC                             | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |     30137 | NS      | $1245905.54   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| LA BANQUE TORONTO-DOMINION                                                | TORONTO DOMINION BANK                         | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |     24369 | NS      | $1829982.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M COMPANY                                                                | 3M CO                                         | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      3392 | NS      | $527557.76    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadien Pacifique Kansas City Limitee                                    | CANADIAN PACIFIC KANSAS CITY LTD              | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     15337 | NS      | $1168368.46   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BANQUE DE MONTREAL                                                        | BANK OF MONTREAL                              | CUSIP: 063671101<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | EC               | RF                | CA        |     11300 | NS      | $1367569.91   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi, Ltd.                                                             | HITACHI LTD                                   | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |     33500 | NS      | $902696.31    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| SERVICENOW, INC.                                                          | SERVICENOW INC                                | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      1271 | NS      | $1166091.66   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN & BROWN, INC.                                                       | BROWN BROWN INC                               | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |      6226 | NS      | $603610.70    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXT PLC                                                                  | NEXT PLC                                      | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |      3535 | NS      | $571165.84    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| SEGRO PUBLIC LIMITED COMPANY                                              | SEGRO PLC                                     | CUSIP: N/A<br>LEI: 213800XC35KGM9NFC641       | Long             | EC               | CORP              | GB        |     53769 | NS      | $456223.64    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Music Group N.V.                                                | UNIVERSAL MUSIC GROUP NV                      | CUSIP: N/A<br>LEI: 724500GJBUL3D9TW9Y18       | Long             | EC               | CORP              | NL        |     17470 | NS      | $493820.52    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK PLC                                                                   | GSK PLC                                       | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |     46732 | NS      | $923296.01    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                                      | MITSUBISHI UFJ FINANCIAL GROUP INC            | CUSIP: N/A<br>LEI: 353800V2V8PUY9TK3E06       | Long             | EC               | CORP              | JP        |     95300 | NS      | $1450523.96   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| COPART, INC.                                                              | COPART INC                                    | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     14093 | NS      | $687879.33    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HONEYWELL INTERNATIONAL INCORPORATION                                     | HONEYWELL INTERNATIONAL INC                   | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      2880 | NS      | $632160.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC.                                                             | BROADCOM INC                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     20511 | NS      | $6099766.29   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc.                                                             | ENBRIDGE INC                                  | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     31206 | NS      | $1510077.70   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle S.A.                                                               | NESTLE SA                                     | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |     14905 | NS      | $1406260.35   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Zurich Insurance Group AG                                                 | ZURICH INSURANCE GROUP AG                     | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |      1669 | NS      | $1219859.21   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| CORPAY, INC.                                                              | CORPAY INC                                    | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      1723 | NS      | $561129.41    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SA                                                            | BNP PARIBAS                                   | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |     14928 | NS      | $1341381.15   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| ROSS STORES, INC.                                                         | ROSS STORES INC                               | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      4504 | NS      | $662808.64    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| WSP GLOBAL INC.                                                           | WSP GLOBAL INC                                | CUSIP: 92938W202<br>LEI: 549300IQ87LU6X6ERQ78 | Long             | EC               | CORP              | CA        |      4872 | NS      | $992281.50    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL, INC.                                              | MARRIOTT INTERNATIONAL INC CLASS A            | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |      3637 | NS      | $974206.82    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CANON INC.                                                                | CANON INC                                     | CUSIP: N/A<br>LEI: 529900JH1GSC035SSP77       | Long             | EC               | CORP              | JP        |     28600 | NS      | $837064.92    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| WALMART INC.                                                              | WALMART INC                                   | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     13219 | NS      | $1281978.62   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd                                                                   | ABB LIMITED                                   | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |     17494 | NS      | $1174261.76   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                     | WELLS FARGO CO                                | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     14657 | NS      | $1204512.26   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Aktiengesellschaft                                                | SIEMENS AG                                    | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |      7818 | NS      | $2166997.63   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| VISTRA CORP.                                                              | VISTRA CORP                                   | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      2637 | NS      | $498683.07    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TOURMALINE OIL CORP.                                                      | TOURMALINE OIL CORP                           | CUSIP: 89156V106<br>LEI: 894500I7AXG91VB3PM28 | Long             | EC               | CORP              | CA        |     16963 | NS      | $720421.03    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ASM International N.V.                                                    | ASM INTERNATIONAL NV                          | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |      1604 | NS      | $770124.03    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| DANAHER CORPORATION                                                       | DANAHER CORP                                  | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      2493 | NS      | $513109.26    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Gold Miners ETF                                                    | VANECK GOLD MINERS ETF USA                    | CUSIP: 92189F106<br>LEI: N/A                  | Long             |  | RF                | US        |    250211 | NS      | $15805828.87  | 4.08%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS, INC.                                                   | APPLIED MATERIALS INC                         | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      5098 | NS      | $819554.48    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                                                          | AMAZON COM INC                                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     38797 | NS      | $8884513.00   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Essity Aktiebolag (publ)                                                  | ESSITY AKTIEBOLAG B                           | CUSIP: N/A<br>LEI: 549300G8E6YUVJ1DA153       | Long             | EC               | CORP              | SE        |     30579 | NS      | $826968.19    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| INTUIT INC.                                                               | INTUIT INC                                    | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      1555 | NS      | $1037185.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MINI MSCI EMERGING MARKETS INDEX FUTURE SEP25                             | MINI MSCI EMERGING MARKETS INDEX FUTURE SEP25 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       353 | NC      | $-396659.80   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc.                                               | CONSTELLATION SOFTWARE INC CANADA             | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |       364 | NS      | $1206178.09   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Allianz SE                                                                | ALLIANZ SE                                    | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |      4431 | NS      | $1873182.71   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| ALPHABET INC.                                                             | ALPHABET INC CLASS A                          | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     20912 | NS      | $4452373.92   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                                              | UBS GROUP AG                                  | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |     28226 | NS      | $1143633.21   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Victory Portfolios III

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer