# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001410368-25-009100
**Filing Date:** 2025-9
**Character Count:** 130064
**Document Hash:** 8e417d108c7af5331814178e0a4a1650
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-009100.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001410368-25-009100

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250924

**DATE AS OF CHANGE**: 20250924

**PERIOD START**: 20250731

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07319
- **FILM NUMBER:** 251335811

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

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

## Series and Classes Contracts Data

### Fidelity MSCI Industrials Index ETF (Series ID: S000042576)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000131668 | Fidelity MSCI Industrials Index ETF | FIDU            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FIDELITY COVINGTON TRUST

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

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

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

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

  - **Street Address 1:** 245 SUMMER STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

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

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

- **a. Name of Series:** Fidelity MSCI Industrials Index ETF

- **b. EDGAR series identifier (if any):** S000042576

- **c. LEI of Series:** 549300U5MV2536PM1969

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $1482089730.31

**Total Liabilities:** $103916.11

**Net Assets:** $1481985814.20

**Cash Not Reported:** $44263.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000131668 | 8.73%                | 4.13%                | 3.51%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2705174.08              | $102361233.84                              |
| Month 2  | $-2831349.31             | $57444074.63                               |
| Month 3  | $6182350.67              | $42846509.45                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WESCO International Inc                    | WESCO International Inc                                    | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     12078 | NS      | $2499662.88   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                | Honeywell International Inc                                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |    160564 | NS      | $35701405.40  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc                 | Thermon Group Holdings Inc                                 | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |      8527 | NS      | $241143.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp                             | Astronics Corp                                             | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |      6646 | NS      | $240053.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                               | Parsons Corp                                               | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |     12005 | NS      | $890771.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENLANE Inc                               | OPENLANE Inc                                               | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |     26898 | NS      | $662766.72    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UL Solutions Inc                           | UL Solutions Inc                                           | CUSIP: 903731107<br>LEI: 549300F7CUV5ESKV9P71 | Long             | EC               | CORP              | US        |     15295 | NS      | $1118370.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp                               | Nordson Corp                                               | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |     13384 | NS      | $2866986.64   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp                     | Primoris Services Corp                                     | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     13287 | NS      | $1251236.79   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                  | L3Harris Technologies Inc                                  | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     46458 | NS      | $12767587.56  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc                  | United Parcel Service Inc                                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |    181530 | NS      | $15640624.80  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Upwork Inc                                 | Upwork Inc                                                 | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |     31968 | NS      | $382337.28    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                                 | AMETEK Inc                                                 | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |     57108 | NS      | $10556413.80  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Avis Budget Group Inc                      | Avis Budget Group Inc                                      | CUSIP: 053774105<br>LEI: 529900E95812SYWMCE44 | Long             | EC               | CORP              | US        |      4338 | NS      | $738501.12    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kforce Inc                                 | Kforce Inc                                                 | CUSIP: 493732101<br>LEI: 5493003RDQQDVXY2SK46 | Long             | EC               | CORP              | US        |      4867 | NS      | $169614.95    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Steelcase Inc                              | Steelcase Inc                                              | CUSIP: 858155203<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | EC               | CORP              | US        |     21490 | NS      | $221991.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DXP Enterprises Inc/TX                     | DXP Enterprises Inc/TX                                     | CUSIP: 233377407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3323 | NS      | $376362.98    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Washington Inc | Expeditors International of Washington Inc                 | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |     34043 | NS      | $3957158.32   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus International Group Inc              | Janus International Group Inc                              | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34740 | NS      | $297721.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                            | Core & Main Inc                                            | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47066 | NS      | $2995280.24   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X Inc                                    | V2X Inc                                                    | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4279 | NS      | $202739.02    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadre Holdings Inc                         | Cadre Holdings Inc                                         | CUSIP: 12763L105<br>LEI: 2549006IKQEWJ8M7CB97 | Long             | EC               | CORP              | US        |      7001 | NS      | $231523.07    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                         | Union Pacific Corp                                         | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    148326 | NS      | $32923922.22  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Co/The                                | Toro Co/The                                                | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |     24671 | NS      | $1831821.75   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                                    | EnerSys                                                    | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |      9794 | NS      | $904671.78    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                                | Trex Co Inc                                                | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26633 | NS      | $1710903.92   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Recovery Inc                        | Energy Recovery Inc                                        | CUSIP: 29270J100<br>LEI: 549300ZEQL52Z525WJ22 | Long             | EC               | CORP              | US        |     13990 | NS      | $188165.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer Aviation Inc                        | Archer Aviation Inc                                        | CUSIP: 03945R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    134613 | NS      | $1350168.39   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding PLC           | Sensata Technologies Holding PLC                           | CUSIP: 000000000<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | GB        |     37278 | NS      | $1146671.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Preformed Line Products Co                 | Preformed Line Products Co                                 | CUSIP: 740444104<br>LEI: 549300EYH53XDJID2098 | Long             | EC               | CORP              | US        |       613 | NS      | $94604.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp                                   | VSE Corp                                                   | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |      4881 | NS      | $764071.74    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                           | RBC Bearings Inc                                           | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7386 | NS      | $2860893.24   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems Inc              | Advanced Drainage Systems Inc                              | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     18230 | NS      | $2091892.50   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                         | United Rentals Inc                                         | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     16170 | NS      | $14277139.80  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibraltar Industries Inc                   | Gibraltar Industries Inc                                   | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7481 | NS      | $493970.43    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovix Corp                                | Enovix Corp                                                | CUSIP: 293594107<br>LEI: 549300EC7NZGWORHYJ53 | Long             | EC               | CORP              | US        |     40997 | NS      | $549359.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                | Pentair PLC                                                | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |     40830 | NS      | $4172826.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro Inc                                  | Enpro Inc                                                  | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |      5244 | NS      | $1113878.04   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc                          | ManpowerGroup Inc                                          | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |     11556 | NS      | $476685.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO Inc                                    | RXO Inc                                                    | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |     26968 | NS      | $416655.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                | Paychex Inc                                                | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     80228 | NS      | $11579307.24  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Miller Industries Inc/TN                   | Miller Industries Inc/TN                                   | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |      2846 | NS      | $115974.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ennis Inc                                  | Ennis Inc                                                  | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6657 | NS      | $118494.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corp                       | JetBlue Airways Corp                                       | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |     21506 | NS      | $95486.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Industrial Co                       | Global Industrial Co                                       | CUSIP: 37892E102<br>LEI: 5493000GO8Z3HEWCGE46 | Long             | EC               | CORP              | US        |      4703 | NS      | $160184.18    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corp                                 | Terex Corp                                                 | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |     16557 | NS      | $842089.02    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IES Holdings Inc                           | IES Holdings Inc                                           | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |      2246 | NS      | $792995.22    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric PLC                         | nVent Electric PLC                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     40784 | NS      | $3198281.28   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestis Corp                                | Vestis Corp                                                | CUSIP: 29430C102<br>LEI: 254900QDW0TA2TMFAP59 | Long             | EC               | CORP              | US        |     29368 | NS      | $177970.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SiteOne Landscape Supply Inc               | SiteOne Landscape Supply Inc                               | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |     11107 | NS      | $1530877.81   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| American Superconductor Corp               | American Superconductor Corp                               | CUSIP: 030111207<br>LEI: 549300S9YT8Z8LOK4452 | Long             | EC               | CORP              | US        |     10781 | NS      | $612899.85    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicor Corp                                 | Vicor Corp                                                 | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Long             | EC               | CORP              | US        |      6201 | NS      | $275572.44    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Legalzoom.com Inc                          | Legalzoom.com Inc                                          | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |     25534 | NS      | $229550.66    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Custom Truck One Source Inc                | Custom Truck One Source Inc                                | CUSIP: 23204X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18145 | NS      | $112317.55    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc                    | ExlService Holdings Inc                                    | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     40115 | NS      | $1742194.45   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                           | Donaldson Co Inc                                           | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |     29612 | NS      | $2131175.64   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                      | Uber Technologies Inc                                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    465809 | NS      | $40874739.75  | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies Inc          | Atmus Filtration Technologies Inc                          | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20318 | NS      | $790573.38    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                                 | Masco Corp                                                 | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     52311 | NS      | $3563948.43   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                                      | 3M Co                                                      | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |    133477 | NS      | $19917437.94  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                              | Owens Corning                                              | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |     21229 | NS      | $2959959.47   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                    | KBR Inc                                                    | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     32064 | NS      | $1498671.36   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                             | API Group Corp                                             | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |     76912 | NS      | $2774215.84   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                                | Snap-on Inc                                                | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |     12974 | NS      | $4167119.06   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hub Group Inc                              | Hub Group Inc                                              | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15203 | NS      | $532409.06    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dun & Bradstreet Holdings Inc              | Dun & Bradstreet Holdings Inc                              | CUSIP: 26484T106<br>LEI: 254900LNALVKD1ZX7U27 | Long             | EC               | CORP              | US        |     76110 | NS      | $692601.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll Inc                            | MillerKnoll Inc                                            | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |     17039 | NS      | $323400.22    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                      | General Dynamics Corp                                      | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     56459 | NS      | $17593188.99  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NANO Nuclear Energy Inc                    | NANO Nuclear Energy Inc                                    | CUSIP: 63010H108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7156 | NS      | $253537.08    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenbrier Cos Inc/The                     | Greenbrier Cos Inc/The                                     | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |      7746 | NS      | $352443.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp                             | Blue Bird Corp                                             | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |      7940 | NS      | $355632.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co Inc                   | Franklin Electric Co Inc                                   | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |      9604 | NS      | $902295.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion plc                               | Allegion plc                                               | CUSIP: 000000000<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |     21366 | NS      | $3545046.72   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc        | Applied Industrial Technologies Inc                        | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      9531 | NS      | $2587666.50   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction Inc                   | Granite Construction Inc                                   | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |     10761 | NS      | $1016591.67   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Eve Holding Inc                            | Eve Holding Inc                                            | CUSIP: 29970N104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14663 | NS      | $95309.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Enterprises Inc                | Worthington Enterprises Inc                                | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |      8030 | NS      | $497619.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO Corp                                  | AGCO Corp                                                  | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     15753 | NS      | $1858381.41   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc                          | Herc Holdings Inc                                          | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |      7847 | NS      | $916608.07    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                             | Air Lease Corp                                             | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |     26178 | NS      | $1450261.20   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                             | Tetra Tech Inc                                             | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |     63243 | NS      | $2323547.82   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                                | Cintas Corp                                                | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89941 | NS      | $20016369.55  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Exponent Inc                               | Exponent Inc                                               | CUSIP: 30214U102<br>LEI: 529900NY3F5Q2NWPUZ42 | Long             | EC               | CORP              | US        |     12690 | NS      | $875102.40    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                        | Paycom Software Inc                                        | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |     12869 | NS      | $2979688.26   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                  | Gates Industrial Corp PLC                                  | CUSIP: 000000000<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |     63371 | NS      | $1571600.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Holdings Corp                     | WillScot Holdings Corp                                     | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |     45497 | NS      | $1335336.95   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS Inc                           | Leonardo DRS Inc                                           | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |     19533 | NS      | $812572.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc              | Lincoln Electric Holdings Inc                              | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |     13897 | NS      | $3383919.50   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Maximus Inc                                | Maximus Inc                                                | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |     13989 | NS      | $1033227.54   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| JELD-WEN Holding Inc                       | JELD-WEN Holding Inc                                       | CUSIP: 47580P103<br>LEI: 529900AXX7CT9GZSCS30 | Long             | EC               | CORP              | US        |     21327 | NS      | $95971.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV                          | CNH Industrial NV                                          | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | NL        |    216467 | NS      | $2805412.32   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings Inc          | Allison Transmission Holdings Inc                          | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     21133 | NS      | $1903449.31   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabash National Corp                       | Wabash National Corp                                       | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |     11197 | NS      | $111522.12    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO Logistics Inc                          | GXO Logistics Inc                                          | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |     29756 | NS      | $1479170.76   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Brink's Co/The                             | Brink's Co/The                                             | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |     10721 | NS      | $936372.14    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                        | Leidos Holdings Inc                                        | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     30146 | NS      | $4812808.90   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TaskUS Inc                                 | TaskUS Inc                                                 | CUSIP: 87652V109<br>LEI: 549300VFPOK2Y6GLWE32 | Long             | EC               | CORP              | US        |      4413 | NS      | $75374.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                 | Kadant Inc                                                 | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |      2909 | NS      | $968027.93    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                               | Lindsay Corp                                               | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |      2660 | NS      | $363116.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services Inc              | Barrett Business Services Inc                              | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |      6419 | NS      | $295081.43    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                                 | MasTec Inc                                                 | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |     15693 | NS      | $2969272.53   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc                       | Generac Holdings Inc                                       | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |     14754 | NS      | $2872456.26   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc                               | Woodward Inc                                               | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |     14680 | NS      | $3773934.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                       | Lockheed Martin Corp                                       | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     52250 | NS      | $21996205.00  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc              | Old Dominion Freight Line Inc                              | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |     47342 | NS      | $7065793.50   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrun Inc                                 | Sunrun Inc                                                 | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |     54718 | NS      | $561406.68    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System Inc                           | Ryder System Inc                                           | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |     10317 | NS      | $1833434.07   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries Inc             | Armstrong World Industries Inc                             | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |     10738 | NS      | $2020569.46   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Distribution Solutions Group Inc           | Distribution Solutions Group Inc                           | CUSIP: 520776105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2879 | NS      | $86283.63     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                                    | AZZ Inc                                                    | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |      7099 | NS      | $777340.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                                | Cummins Inc                                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     34089 | NS      | $12531798.18  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp                                  | IDEX Corp                                                  | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |     18669 | NS      | $3052568.19   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp                      | Norfolk Southern Corp                                      | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     55992 | NS      | $15565776.00  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NV5 Global Inc                             | NV5 Global Inc                                             | CUSIP: 62945V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14736 | NS      | $330823.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp                             | A O Smith Corp                                             | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     29080 | NS      | $2058573.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                              | Insperity Inc                                              | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |      8712 | NS      | $519060.96    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                         | Vertiv Holdings Co                                         | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     89528 | NS      | $13035276.80  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc                    | Comfort Systems USA Inc                                    | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      8748 | NS      | $6152468.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                 | Arcosa Inc                                                 | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     12079 | NS      | $1037344.52   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp                         | Regal Rexnord Corp                                         | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     16389 | NS      | $2505550.32   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CRA International Inc                      | CRA International Inc                                      | CUSIP: 12618T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1697 | NS      | $299792.02    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                        | Axon Enterprise Inc                                        | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |     18016 | NS      | $13610907.84  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| StandardAero Inc                           | StandardAero Inc                                           | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28725 | NS      | $820098.75    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc                    | Rockwell Automation Inc                                    | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |     27985 | NS      | $9842604.35   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Array Technologies Inc                     | Array Technologies Inc                                     | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |     37276 | NS      | $242294.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc               | Watts Water Technologies Inc                               | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |      6776 | NS      | $1777480.32   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Huron Consulting Group Inc                 | Huron Consulting Group Inc                                 | CUSIP: 447462102<br>LEI: 549300NGVB9H6TKTLE36 | Long             | EC               | CORP              | US        |      4446 | NS      | $587227.68    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries Inc          | Huntington Ingalls Industries Inc                          | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      9711 | NS      | $2708009.46   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                     | Trane Technologies PLC                                     | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     55509 | NS      | $24317382.72  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Enviri Corp                                | Enviri Corp                                                | CUSIP: 415864107<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | EC               | CORP              | US        |     19767 | NS      | $177903.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                      | AECOM                                                      | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     32795 | NS      | $3697308.30   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| NuScale Power Corp                         | NuScale Power Corp                                         | CUSIP: 67079K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29584 | NS      | $1485412.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc         | Johnson Controls International plc                         | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |    163379 | NS      | $17154795.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp                 | Standex International Corp                                 | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |      2922 | NS      | $481370.28    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                       | Waste Management Inc                                       | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     99574 | NS      | $22818377.84  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                   | Saia Inc                                                   | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      6584 | NS      | $1989948.16   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                                | Hubbell Inc                                                | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |     13259 | NS      | $5800547.32   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corp                                 | Fluor Corp                                                 | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     41529 | NS      | $2357601.33   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ICF International Inc                      | ICF International Inc                                      | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |      4509 | NS      | $378260.01    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennametal Inc                             | Kennametal Inc                                             | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |     17999 | NS      | $445655.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd                           | WNS Holdings Ltd                                           | CUSIP: 000000000<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | JE        |     10285 | NS      | $769215.15    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Machines Inc                     | Intuitive Machines Inc                                     | CUSIP: 46125A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25743 | NS      | $287291.88    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eos Energy Enterprises Inc                 | Eos Energy Enterprises Inc                                 | CUSIP: 29415C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56005 | NS      | $319228.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                               | Dayforce Inc                                               | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |     39114 | NS      | $2255704.38   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Xometry Inc                                | Xometry Inc                                                | CUSIP: 98423F109<br>LEI: 5493006JFRGU7YRRXE44 | Long             | EC               | CORP              | US        |     10788 | NS      | $348883.92    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc                   | Resideo Technologies Inc                                   | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |     36686 | NS      | $1001527.80   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corp                          | Bloom Energy Corp                                          | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |     51272 | NS      | $1917060.08   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries Inc                     | Insteel Industries Inc                                     | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |      4814 | NS      | $173785.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Joby Aviation Inc                          | Joby Aviation Inc                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48677 | NS      | $810958.82    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corp            | Zurn Elkay Water Solutions Corp                            | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     37547 | NS      | $1661454.75   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                            | EMCOR Group Inc                                            | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     11264 | NS      | $7068047.36   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc              | CSG Systems International Inc                              | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |      7088 | NS      | $442716.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc                        | Quanta Services Inc                                        | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     36677 | NS      | $14895630.01  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                | XAI EMINI INDUSTR SEP25                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        14 | NC      | $84143.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lyft Inc                                   | Lyft Inc                                                   | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |    101779 | NS      | $1431012.74   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc                            | Robert Half Inc                                            | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |     25328 | NS      | $934856.48    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| American Airlines Group Inc                | American Airlines Group Inc                                | CUSIP: 02376R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40321 | NS      | $463288.29    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GMS Inc                                    | GMS Inc                                                    | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |      9494 | NS      | $1040922.16   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW Inc                                   | DNOW Inc                                                   | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |     26896 | NS      | $418501.76    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                              | MYR Group Inc                                              | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      4023 | NS      | $778450.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker Inc                 | Stanley Black & Decker Inc                                 | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     38197 | NS      | $2584027.05   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| REV Group Inc                              | REV Group Inc                                              | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |     12181 | NS      | $603568.55    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                                 | TransUnion                                                 | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |     48296 | NS      | $4597296.24   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                                 | PACCAR Inc                                                 | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |    129916 | NS      | $12830504.16  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co Inc               | Simpson Manufacturing Co Inc                               | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |     10418 | NS      | $1869301.74   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Plug Power Inc                             | Plug Power Inc                                             | CUSIP: 72919P202<br>LEI: 549300JPDKRSJ8JSM954 | Long             | EC               | CORP              | US        |    213621 | NS      | $320431.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International Inc                    | Titan International Inc                                    | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |     12845 | NS      | $108668.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueLinx Holdings Inc                      | BlueLinx Holdings Inc                                      | CUSIP: 09624H208<br>LEI: 549300YSX7GU28F5I540 | Long             | EC               | CORP              | US        |      1994 | NS      | $146100.38    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                             | Flowserve Corp                                             | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     32539 | NS      | $1823485.56   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Labs PBC                            | Planet Labs PBC                                            | CUSIP: 72703X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51929 | NS      | $324556.25    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings Inc                       | Amentum Holdings Inc                                       | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |     39082 | NS      | $975877.54    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc                       | Alaska Air Group Inc                                       | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |      7728 | NS      | $409274.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Centuri Holdings Inc                       | Centuri Holdings Inc                                       | CUSIP: 155923105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8750 | NS      | $190750.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hertz Global Holdings Inc                  | Hertz Global Holdings Inc                                  | CUSIP: 42806J700<br>LEI: 549300NBK3K85MH1EX16 | Long             | EC               | CORP              | US        |     30249 | NS      | $193896.09    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Express Inc                      | Heartland Express Inc                                      | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |     12438 | NS      | $97265.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                                    | ATI Inc                                                    | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |     34858 | NS      | $2681974.52   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Deluxe Corp                                | Deluxe Corp                                                | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |     11138 | NS      | $179321.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                           | Carlisle Cos Inc                                           | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |     10915 | NS      | $3871659.65   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NPK International Inc                      | NPK International Inc                                      | CUSIP: 651718504<br>LEI: 54930073OHWDQW4DJN26 | Long             | EC               | CORP              | US        |     20321 | NS      | $183295.42    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corp                                  | GATX Corp                                                  | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |      8379 | NS      | $1279389.51   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                 | Kirby Corp                                                 | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |      3551 | NS      | $338445.81    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc                       | BWX Technologies Inc                                       | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |     22655 | NS      | $3441974.15   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc                      | ESCO Technologies Inc                                      | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |      6379 | NS      | $1235612.30   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners Inc                  | Construction Partners Inc                                  | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |     11698 | NS      | $1179743.30   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc                       | SPX Technologies Inc                                       | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |     11558 | NS      | $2108063.62   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc                        | TransDigm Group Inc                                        | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13882 | NS      | $22328641.72  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc                       | Dycom Industries Inc                                       | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      7205 | NS      | $1936776.05   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| First Advantage Corp                       | First Advantage Corp                                       | CUSIP: 31846B108<br>LEI: 549300RNJ0PXU8FP7D06 | Long             | EC               | CORP              | US        |     19849 | NS      | $343189.21    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp                            | Rocket Lab Corp                                            | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95275 | NS      | $4375028.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Dynamics Inc                       | Douglas Dynamics Inc                                       | CUSIP: 25960R105<br>LEI: 529900CDFLKNQ0QT6580 | Long             | EC               | CORP              | US        |      5552 | NS      | $158787.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                               | Xylem Inc/NY                                               | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     60226 | NS      | $8709884.12   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc                      | Republic Services Inc                                      | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     54134 | NS      | $12486007.10  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc                             | MSA Safety Inc                                             | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |      9232 | NS      | $1642095.84   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc                                 | Matson Inc                                                 | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |      2108 | NS      | $225092.24    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp           | Booz Allen Hamilton Holding Corp                           | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     31301 | NS      | $3359536.33   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Forward Air Corp                           | Forward Air Corp                                           | CUSIP: 34986A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5241 | NS      | $159273.99    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider National Inc                     | Schneider National Inc                                     | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |     13747 | NS      | $336114.15    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Symbotic Inc                               | Symbotic Inc                                               | CUSIP: 87151X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11974 | NS      | $645997.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment Inc                          | AeroVironment Inc                                          | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |      7898 | NS      | $2113820.72   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                 | HEICO Corp                                                 | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |     10922 | NS      | $3569309.60   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products Inc                 | Mueller Water Products Inc                                 | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |     38711 | NS      | $958484.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp                               | Griffon Corp                                               | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |      9426 | NS      | $766051.02    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings Inc   | Knight-Swift Transportation Holdings Inc                   | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40116 | NS      | $1704930.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc             | SS&C Technologies Holdings Inc                             | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     54907 | NS      | $4693450.36   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc             | Fortune Brands Innovations Inc                             | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |     29959 | NS      | $1633963.86   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                       | Rush Enterprises Inc                                       | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     15406 | NS      | $834080.84    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group Inc/The                          | GEO Group Inc/The                                          | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |     35304 | NS      | $915079.68    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Covenant Logistics Group Inc               | Covenant Logistics Group Inc                               | CUSIP: 22284P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3899 | NS      | $94160.85     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                       | Jacobs Solutions Inc                                       | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30285 | NS      | $4296532.95   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                                 | FedEx Corp                                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     56335 | NS      | $12590309.15  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                               | Veralto Corp                                               | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |     61389 | NS      | $6435408.87   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Clarivate PLC                              | Clarivate PLC                                              | CUSIP: 000000000<br>LEI: 549300WDHIIODXFO0R55 | Long             | EC               | CORP              | JE        |     77710 | NS      | $299183.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp                                   | AAR Corp                                                   | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |      8911 | NS      | $665740.81    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand Inc                            | Masterbrand Inc                                            | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |     31345 | NS      | $345735.35    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors               | State Street Institutional Treasury Plus Money Market Fund | CUSIP: 857492862<br>LEI: 549300PNASLVKQG64331 | Long             | STIV             | RF                | US        |   1830000 | NS      | $1830000.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp                    | CECO Environmental Corp                                    | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |      7781 | NS      | $349755.95    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp                     | Paylocity Holding Corp                                     | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |     11082 | NS      | $2048840.16   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp                  | Albany International Corp                                  | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |      7538 | NS      | $408484.22    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co                                   | Crane Co                                                   | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |     12078 | NS      | $2364510.06   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises Inc                     | Werner Enterprises Inc                                     | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |     15279 | NS      | $423533.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand Inc                            | Hillenbrand Inc                                            | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |     17345 | NS      | $359214.95    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                       | Parker-Hannifin Corp                                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     31867 | NS      | $23323457.30  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluence Energy Inc                         | Fluence Energy Inc                                         | CUSIP: 34379V103<br>LEI: 25490043LHZ97BT5PP29 | Long             | EC               | CORP              | US        |     19282 | NS      | $156569.84    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc                | Sterling Infrastructure Inc                                | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      7505 | NS      | $2008262.95   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                                   | CSX Corp                                                   | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    468901 | NS      | $16664741.54  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp                        | Verra Mobility Corp                                        | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |     39402 | NS      | $995294.52    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                 | Korn Ferry                                                 | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     12810 | NS      | $907844.70    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc                         | ABM Industries Inc                                         | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |     15445 | NS      | $712477.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Genco Shipping & Trading Ltd               | Genco Shipping & Trading Ltd                               | CUSIP: 000000000<br>LEI: 5493003MBZ5GU8QHXZ58 | Long             | EC               | CORP              | MH        |     10301 | NS      | $164094.93    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                                | Rollins Inc                                                | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     72085 | NS      | $4128307.95   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Inc                                 | Acuity Inc                                                 | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7654 | NS      | $2383072.90   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| National Presto Industries Inc             | National Presto Industries Inc                             | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1401 | NS      | $135126.45    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                               | Ducommun Inc                                               | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |      3486 | NS      | $317156.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                        | Curtiss-Wright Corp                                        | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      9330 | NS      | $4573752.60   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Marten Transport Ltd                       | Marten Transport Ltd                                       | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15769 | NS      | $191751.04    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                 | Watsco Inc                                                 | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      8599 | NS      | $3877117.12   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries Inc                     | Trinity Industries Inc                                     | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |     20288 | NS      | $472710.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp/The                          | Middleby Corp/The                                          | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     13246 | NS      | $1923319.20   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Helios Technologies Inc                    | Helios Technologies Inc                                    | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |      8348 | NS      | $306288.12    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreCivic Inc                              | CoreCivic Inc                                              | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |     27286 | NS      | $546811.44    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                        | General Electric Co                                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    263967 | NS      | $71556174.36  | 4.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                 | Deere & Co                                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     63814 | NS      | $33462147.18  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightView Holdings Inc                    | BrightView Holdings Inc                                    | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |     17726 | NS      | $282729.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hayward Holdings Inc                       | Hayward Holdings Inc                                       | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50762 | NS      | $780719.56    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc                    | Illinois Tool Works Inc                                    | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     68996 | NS      | $17660906.12  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                    | ITT Inc                                                    | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |     20042 | NS      | $3406338.32   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                      | Waste Connections Inc                                      | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     64000 | NS      | $11946880.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcat Inc                               | Transcat Inc                                               | CUSIP: 893529107<br>LEI: 54930081E40TSSHUOS40 | Long             | EC               | CORP              | US        |      2262 | NS      | $172884.66    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                               | ArcBest Corp                                               | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |      5830 | NS      | $426347.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                   | RTX Corp                                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    330421 | NS      | $52064436.97  | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Alight Inc                                 | Alight Inc                                                 | CUSIP: 01626W101<br>LEI: 549300600ESCO1HTVN74 | Long             | EC               | CORP              | US        |    106405 | NS      | $570330.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries Inc                         | UFP Industries Inc                                         | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     15099 | NS      | $1479702.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                              | Boeing Co/The                                              | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    186215 | NS      | $41309935.60  | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Gorman-Rupp Co/The                         | Gorman-Rupp Co/The                                         | CUSIP: 383082104<br>LEI: 254900WVLPOIWPGJPA07 | Long             | EC               | CORP              | US        |      4728 | NS      | $194604.48    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                             | GE Vernova Inc                                             | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     67650 | NS      | $44668618.50  | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Esab Corp                                  | Esab Corp                                                  | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |     14240 | NS      | $1910580.80   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillman Solutions Corp                     | Hillman Solutions Corp                                     | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48457 | NS      | $382325.73    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuren Corp                                | Acuren Corp                                                | CUSIP: 00510N102<br>LEI: 213800ZDFRNC8QXEZ481 | Long             | EC               | CORP              | US        |     13513 | NS      | $149859.17    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                        | Landstar System Inc                                        | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |      8623 | NS      | $1150049.51   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyster-Yale Inc                            | Hyster-Yale Inc                                            | CUSIP: 449172105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2121 | NS      | $89103.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Proto Labs Inc                             | Proto Labs Inc                                             | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |      6026 | NS      | $259841.12    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp                                 | Dover Corp                                                 | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |     33922 | NS      | $6144631.08   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ACV Auctions Inc                           | ACV Auctions Inc                                           | CUSIP: 00091G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40028 | NS      | $568797.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc                     | Mueller Industries Inc                                     | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     26633 | NS      | $2273659.21   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                        | Carrier Global Corp                                        | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |    192448 | NS      | $13205781.76  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes Inc                           | Pitney Bowes Inc                                           | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |     18240 | NS      | $207206.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group Inc                            | Alamo Group Inc                                            | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |      2541 | NS      | $565575.78    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp                            | Concentrix Corp                                            | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |      9442 | NS      | $490700.74    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                        | Emerson Electric Co                                        | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |    139559 | NS      | $20307230.09  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Hunt Transport Services Inc             | JB Hunt Transport Services Inc                             | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |     19846 | NS      | $2858816.30   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co                                 | Tennant Co                                                 | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |      4417 | NS      | $364579.18    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp    | Science Applications International Corp                    | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |     11798 | NS      | $1315241.04   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co                        | Allegiant Travel Co                                        | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |      1142 | NS      | $58972.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit AeroSystems Holdings Inc            | Spirit AeroSystems Holdings Inc                            | CUSIP: 848574109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29141 | NS      | $1148155.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                   | Ferguson Enterprises Inc                                   | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     49176 | NS      | $10982476.08  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Cimpress PLC                               | Cimpress PLC                                               | CUSIP: 000000000<br>LEI: 549300X1IFD75XISOR81 | Long             | EC               | CORP              | IE        |      4100 | NS      | $226771.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Montrose Environmental Group Inc           | Montrose Environmental Group Inc                           | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |      8028 | NS      | $182155.32    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                                   | Moog Inc                                                   | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |      7007 | NS      | $1356415.06   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Driven Brands Holdings Inc                 | Driven Brands Holdings Inc                                 | CUSIP: 26210V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16768 | NS      | $283379.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                         | Ingersoll Rand Inc                                         | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     99758 | NS      | $8442519.54   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                            | Caterpillar Inc                                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |    118285 | NS      | $51811195.70  | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc                      | Powell Industries Inc                                      | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |      2417 | NS      | $573070.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems Inc                  | Casella Waste Systems Inc                                  | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     15426 | NS      | $1677268.98   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Lease Finance Corp                  | Willis Lease Finance Corp                                  | CUSIP: 970646105<br>LEI: 54930023EP1OE5MKWF89 | Long             | EC               | CORP              | US        |       653 | NS      | $92451.74     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ Inc                                   | CBIZ Inc                                                   | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Long             | EC               | CORP              | US        |     12689 | NS      | $775551.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc                                | Textron Inc                                                | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |     44890 | NS      | $3491095.30   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTracker Inc                             | NEXTracker Inc                                             | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35485 | NS      | $2067356.10   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions Inc    | Kratos Defense & Security Solutions Inc                    | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |     37887 | NS      | $2223966.90   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                    | XPO Inc                                                    | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |     29111 | NS      | $3501762.19   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp                        | Otis Worldwide Corp                                        | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     97914 | NS      | $8390250.66   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                 | Copart Inc                                                 | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |    227145 | NS      | $10296482.85  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                      | Northrop Grumman Corp                                      | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     33890 | NS      | $19541312.90  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| LSI Industries Inc                         | LSI Industries Inc                                         | CUSIP: 50216C108<br>LEI: 529900HY42OANH6BVT33 | Long             | EC               | CORP              | US        |      6857 | NS      | $125483.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc               | MSC Industrial Direct Co Inc                               | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     11081 | NS      | $959836.22    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Haul Holding Co                          | U-Haul Holding Co                                          | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |     23944 | NS      | $1245088.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameresco Inc                               | Ameresco Inc                                               | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |      8075 | NS      | $136629.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc                     | CACI International Inc                                     | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      5556 | NS      | $2558926.92   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                       | Verisk Analytics Inc                                       | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |     34635 | NS      | $9653120.85   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanex Building Products Corp              | Quanex Building Products Corp                              | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               | CORP              | US        |     10537 | NS      | $205260.76    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Infrastructure Inc                    | FTAI Infrastructure Inc                                    | CUSIP: 35953C106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27321 | NS      | $171302.67    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Liquidity Services Inc                     | Liquidity Services Inc                                     | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |      6397 | NS      | $152760.36    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Logistics Holdings Inc           | Universal Logistics Holdings Inc                           | CUSIP: 91388P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1968 | NS      | $47094.24     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc               | United Airlines Holdings Inc                               | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     20249 | NS      | $1788189.19   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortive Corp                               | Fortive Corp                                               | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |     84218 | NS      | $4036568.74   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| QXO Inc                                    | QXO Inc                                                    | CUSIP: 82846H405<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    133021 | NS      | $2668401.26   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp/MA                           | UniFirst Corp/MA                                           | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |      3752 | NS      | $641704.56    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc                   | Lennox International Inc                                   | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |      7899 | NS      | $4810491.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Interface Inc                              | Interface Inc                                              | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |     14714 | NS      | $303402.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                 | HEICO Corp                                                 | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |     18725 | NS      | $4832735.25   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc                   | Builders FirstSource Inc                                   | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     28109 | NS      | $3573497.17   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TriNet Group Inc                           | TriNet Group Inc                                           | CUSIP: 896288107<br>LEI: 5299003FJVBETSFKE990 | Long             | EC               | CORP              | US        |      7774 | NS      | $527154.94    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest Inc                                | SkyWest Inc                                                | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |      2521 | NS      | $292335.16    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group Inc              | Healthcare Services Group Inc                              | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |     18115 | NS      | $235676.15    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                       | Howmet Aerospace Inc                                       | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     95227 | NS      | $17118957.79  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwire Corp                               | Redwire Corp                                               | CUSIP: 75776W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12297 | NS      | $175724.13    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc              | Automatic Data Processing Inc                              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |    100697 | NS      | $31165721.50  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JBT Marel Corp                             | JBT Marel Corp                                             | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |     12845 | NS      | $1770041.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Lakes Dredge & Dock Corp             | Great Lakes Dredge & Dock Corp                             | CUSIP: 390607109<br>LEI: 549300H65E3MZ1CX0P05 | Long             | EC               | CORP              | US        |     16901 | NS      | $187263.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Enterprises Inc                     | Apogee Enterprises Inc                                     | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |      5445 | NS      | $228635.55    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                | E-MINI RUSS 2000 SEP25                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         2 | NC      | $-1523.78     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Brady Corp                                 | Brady Corp                                                 | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |     11052 | NS      | $779939.64    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Limbach Holdings Inc                       | Limbach Holdings Inc                                       | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |      2497 | NS      | $342089.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp                        | Federal Signal Corp                                        | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |     15140 | NS      | $1916269.80   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors Inc                          | Clean Harbors Inc                                          | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     12688 | NS      | $2991957.28   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerpac Tool Group Corp                    | Enerpac Tool Group Corp                                    | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |     13588 | NS      | $523273.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                            | WW Grainger Inc                                            | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |     11327 | NS      | $11774869.58  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc                                | Equifax Inc                                                | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |     30887 | NS      | $7419984.01   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp                                | Hexcel Corp                                                | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |     19947 | NS      | $1195024.77   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd                          | FTAI Aviation Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     25381 | NS      | $3492679.41   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Astec Industries Inc                       | Astec Industries Inc                                       | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |      5057 | NS      | $200560.62    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tutor Perini Corp                          | Tutor Perini Corp                                          | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |     11266 | NS      | $542457.90    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc                        | Delta Air Lines Inc                                        | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     40340 | NS      | $2146491.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoals Technologies Group Inc              | Shoals Technologies Group Inc                              | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41752 | NS      | $225043.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc                     | Valmont Industries Inc                                     | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      4956 | NS      | $1803736.20   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| McGrath RentCorp                           | McGrath RentCorp                                           | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |      6127 | NS      | $764588.33    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                        | Mercury Systems Inc                                        | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |     12505 | NS      | $657637.95    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                       | Chart Industries Inc                                       | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |     11105 | NS      | $2208007.15   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Everus Construction Group Inc              | Everus Construction Group Inc                              | CUSIP: 300426103<br>LEI: 2549006JMMHR0KILT425 | Long             | EC               | CORP              | US        |     11956 | NS      | $887852.56    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc         | Broadridge Financial Solutions Inc                         | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     28960 | NS      | $7167889.60   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Group Holdings Inc                | Frontier Group Holdings Inc                                | CUSIP: 35909R108<br>LEI: 549300DT3Y2BHO6G7T02 | Long             | EC               | CORP              | US        |     13875 | NS      | $60772.50     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                               | Oshkosh Corp                                               | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     16008 | NS      | $2025492.24   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                                 | Atkore Inc                                                 | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |      8549 | NS      | $658443.98    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technologies Corp   | Westinghouse Air Brake Technologies Corp                   | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     42311 | NS      | $8125827.55   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Innodata Inc                               | Innodata Inc                                               | CUSIP: 457642205<br>LEI: L9O7MPYIT56T6KBE0R95 | Long             | EC               | CORP              | US        |      7767 | NS      | $426408.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corp                     | American Woodmark Corp                                     | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |      3779 | NS      | $198813.19    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MRC Global Inc                             | MRC Global Inc                                             | CUSIP: 55345K103<br>LEI: 529900TSBPOLCLI2L582 | Long             | EC               | CORP              | US        |     21487 | NS      | $315429.16    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                           | Boise Cascade Co                                           | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |      9461 | NS      | $792926.41    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI Corp                                   | HNI Corp                                                   | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |     11586 | NS      | $595983.84    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                                   | AAON Inc                                                   | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17081 | NS      | $1426263.50   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                                  | Graco Inc                                                  | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     41639 | NS      | $3496843.22   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting Inc                         | FTI Consulting Inc                                         | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |      8920 | NS      | $1483842.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd                                | Genpact Ltd                                                | CUSIP: 000000000<br>LEI: 529900OSEC6Q0L4L5B35 | Long             | EC               | CORP              | BM        |     41055 | NS      | $1808472.75   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings Inc                          | Loar Holdings Inc                                          | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8093 | NS      | $598153.63    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan Inc                                  | Argan Inc                                                  | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |      3339 | NS      | $817988.22    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc                  | CH Robinson Worldwide Inc                                  | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     29259 | NS      | $3374147.88   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidrick & Struggles International Inc     | Heidrick & Struggles International Inc                     | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |      5056 | NS      | $225143.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                                | Fastenal Co                                                | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |    283847 | NS      | $13093862.11  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                             | Eaton Corp PLC                                             | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     96960 | NS      | $37302451.20  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                       | Rush Enterprises Inc                                       | CUSIP: 781846308<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |      1926 | NS      | $104601.06    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                              | Timken Co/The                                              | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     16544 | NS      | $1258832.96   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                        | CSW Industrials Inc                                        | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |      4152 | NS      | $1077360.96   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc                        | Karman Holdings Inc                                        | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13082 | NS      | $676339.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-18

**Name of Applicant:** FIDELITY COVINGTON TRUST

**Signature:** Stacie M Smith

**Name of Signer:** Stacie M Smith

**Title:** President and Treasurer