# EDGAR Filing Document

**Accession Number:** 0001750980
**File Stem:** 0001420506-25-002077
**Filing Date:** 2025-8
**Character Count:** 43296
**Document Hash:** 3357812c112bd103d45fd106984db632
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-25-002077.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001420506-25-002077

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Farringdon Capital, Ltd.
- **CENTRAL INDEX KEY:** 0001750980

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25098
- **FILM NUMBER:** 251215543

**BUSINESS ADDRESS:**
- **STREET 1:** BRIDGE HOUSE 6TH FLOOR
- **STREET 2:** 4 BOROUGH HIGH STREET
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** SE1 9QQ
- **BUSINESS PHONE:** 203915174

**MAIL ADDRESS:**
- **STREET 1:** BRIDGE HOUSE 6TH FLOOR
- **STREET 2:** 4 BOROUGH HIGH STREET
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** SE1 9QQ

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Farringdon Capital Ltd.<br>**Address:** BRIDGE HOUSE 6TH FLOOR<br>4 BOROUGH HIGH STREET<br>LONDON, X0 SE1 9QQ

**Form 13F File Number:** 028-25098

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** YIYI WANG<br>**Title:** CHIEF INVESTMENT OFFICER<br>**Phone:** 44 786 144 1393

**Signature, Place, and Date of Signing:**

YIYI WANG CHIEF INVESTMENT OFFICER  LONDON, X0  08-14-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 421

**Form 13F Information Table Value Total:** $297515581

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADOBE INC | COM | 00724F101 |  | 447620 | 1157 | SH |  | SOLE |  | 1157 | 0 | 0 |
| ADVANCED DRAIN SYS INC DEL | COM | 00790R104 |  | 502972 | 4379 | SH |  | SOLE |  | 4379 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 447408 | 3824 | SH |  | SOLE |  | 3824 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 332905 | 31645 | SH |  | SOLE |  | 31645 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 516870 | 4346 | SH |  | SOLE |  | 4346 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 612535 | 8384 | SH |  | SOLE |  | 8384 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 386151 | 6602 | SH |  | SOLE |  | 6602 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 879181 | 3117 | SH |  | SOLE |  | 3117 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 334832 | 4198 | SH |  | SOLE |  | 4198 | 0 | 0 |
| ALIGHT INC | COM CL A | 01626W101 |  | 66075 | 11674 | SH |  | SOLE |  | 11674 | 0 | 0 |
| ALLEGIANT TRAVEL CO | COM | 01748X102 |  | 251396 | 4575 | SH |  | SOLE |  | 4575 | 0 | 0 |
| ALLETE INC | COM NEW | 018522300 |  | 384933 | 6008 | SH |  | SOLE |  | 6008 | 0 | 0 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 1324293 | 21900 | SH |  | SOLE |  | 21900 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 430115 | 4528 | SH |  | SOLE |  | 4528 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 288853 | 7416 | SH |  | SOLE |  | 7416 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1251309 | 7054 | SH |  | SOLE |  | 7054 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 1448337 | 24703 | SH |  | SOLE |  | 24703 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 319432 | 1456 | SH |  | SOLE |  | 1456 | 0 | 0 |
| AMDOCS LTD | SHS | G02602103 |  | 402916 | 4416 | SH |  | SOLE |  | 4416 | 0 | 0 |
| AMER SPORTS INC | COM SHS | G0260P102 |  | 240738 | 6211 | SH |  | SOLE |  | 6211 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 258722 | 23059 | SH |  | SOLE |  | 23059 | 0 | 0 |
| AMERICAN EAGLE OUTFITTERS IN | COM | 02553E106 |  | 313901 | 32630 | SH |  | SOLE |  | 32630 | 0 | 0 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 921228 | 25540 | SH |  | SOLE |  | 25540 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 590999 | 6905 | SH |  | SOLE |  | 6905 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 349583 | 2513 | SH |  | SOLE |  | 2513 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 1002879 | 1879 | SH |  | SOLE |  | 1879 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 794957 | 4393 | SH |  | SOLE |  | 4393 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 223977 | 941 | SH |  | SOLE |  | 941 | 0 | 0 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 776742 | 11303 | SH |  | SOLE |  | 11303 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 269594 | 6693 | SH |  | SOLE |  | 6693 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 968960 | 2716 | SH |  | SOLE |  | 2716 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 718713 | 5066 | SH |  | SOLE |  | 5066 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 310521 | 887 | SH |  | SOLE |  | 887 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 468330 | 6865 | SH |  | SOLE |  | 6865 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 771467 | 8473 | SH |  | SOLE |  | 8473 | 0 | 0 |
| ARCHROCK INC | COM | 03957W106 |  | 313230 | 12615 | SH |  | SOLE |  | 12615 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 325270 | 1878 | SH |  | SOLE |  | 1878 | 0 | 0 |
| ARK 21SHARES BITCOIN ETF | SHS BEN INT | 040919102 |  | 4612257 | 128870 | SH |  | SOLE |  | 128870 | 0 | 0 |
| ARROW ELECTRS INC | COM | 042735100 |  | 897362 | 7042 | SH |  | SOLE |  | 7042 | 0 | 0 |
| ASE TECHNOLOGY HLDG CO LTD | SPONSORED ADS | 00215W100 |  | 385195 | 37289 | SH |  | SOLE |  | 37289 | 0 | 0 |
| ASGN INC | COM | 00191U102 |  | 287147 | 5751 | SH |  | SOLE |  | 5751 | 0 | 0 |
| ASHLAND INC | COM | 044186104 |  | 200718 | 3992 | SH |  | SOLE |  | 3992 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 447977 | 559 | SH |  | SOLE |  | 559 | 0 | 0 |
| ASSURED GUARANTY LTD | COM | G0585R106 |  | 287604 | 3302 | SH |  | SOLE |  | 3302 | 0 | 0 |
| ATLANTA BRAVES HLDGS INC | COM SER A | 047726104 |  | 514048 | 10446 | SH |  | SOLE |  | 10446 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 238631 | 1175 | SH |  | SOLE |  | 1175 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 534608 | 3469 | SH |  | SOLE |  | 3469 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 206344 | 1844 | SH |  | SOLE |  | 1844 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 491249 | 2414 | SH |  | SOLE |  | 2414 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 1082474 | 6169 | SH |  | SOLE |  | 6169 | 0 | 0 |
| BADGER METER INC | COM | 056525108 |  | 282427 | 1153 | SH |  | SOLE |  | 1153 | 0 | 0 |
| BALL CORP | COM | 058498106 |  | 513616 | 9157 | SH |  | SOLE |  | 9157 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 1126169 | 23799 | SH |  | SOLE |  | 23799 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 1646449 | 18071 | SH |  | SOLE |  | 18071 | 0 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 775714 | 14035 | SH |  | SOLE |  | 14035 | 0 | 0 |
| BARCLAYS PLC | ADR | 06738E204 |  | 565229 | 30405 | SH |  | SOLE |  | 30405 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 493330 | 23695 | SH |  | SOLE |  | 23695 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 586887 | 19382 | SH |  | SOLE |  | 19382 | 0 | 0 |
| BAYTEX ENERGY CORP | COM | 07317Q105 |  | 51441 | 28738 | SH |  | SOLE |  | 28738 | 0 | 0 |
| BEONE MEDICINES LTD | SPONSORED ADS | 07725L102 |  | 246427 | 1018 | SH |  | SOLE |  | 1018 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2474512 | 5094 | SH |  | SOLE |  | 5094 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 619274 | 9225 | SH |  | SOLE |  | 9225 | 0 | 0 |
| BITWISE BITCOIN ETF TR | SHS BEN INT | 09174C104 |  | 4612205 | 78720 | SH |  | SOLE |  | 78720 | 0 | 0 |
| BLACKSTONE MTG TR INC | COM CL A | 09257W100 |  | 280781 | 14586 | SH |  | SOLE |  | 14586 | 0 | 0 |
| BLOCK H  R INC | COM | 093671105 |  | 540008 | 9838 | SH |  | SOLE |  | 9838 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 403136 | 1924 | SH |  | SOLE |  | 1924 | 0 | 0 |
| BOOT BARN HLDGS INC | COM | 099406100 |  | 364800 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 323844 | 3110 | SH |  | SOLE |  | 3110 | 0 | 0 |
| BOSTON BEER INC | CL A | 100557107 |  | 309685 | 1623 | SH |  | SOLE |  | 1623 | 0 | 0 |
| BOX INC | CL A | 10316T104 |  | 230101 | 6734 | SH |  | SOLE |  | 6734 | 0 | 0 |
| BOYD GAMING CORP | COM | 103304101 |  | 235472 | 3010 | SH |  | SOLE |  | 3010 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 599085 | 12942 | SH |  | SOLE |  | 12942 | 0 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 1660005 | 35073 | SH |  | SOLE |  | 35073 | 0 | 0 |
| BRUNSWICK CORP | COM | 117043109 |  | 449046 | 8129 | SH |  | SOLE |  | 8129 | 0 | 0 |
| BUNGE GLOBAL SA | COM SHS | H11356104 |  | 900260 | 11214 | SH |  | SOLE |  | 11214 | 0 | 0 |
| BWX TECHNOLOGIES INC | COM | 05605H100 |  | 539361 | 3744 | SH |  | SOLE |  | 3744 | 0 | 0 |
| BXP INC | COM | 101121101 |  | 1283617 | 19025 | SH |  | SOLE |  | 19025 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 1354011 | 4394 | SH |  | SOLE |  | 4394 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 1573152 | 13960 | SH |  | SOLE |  | 13960 | 0 | 0 |
| CARNIVAL PLC | ADS | 14365C103 |  | 1085221 | 42541 | SH |  | SOLE |  | 42541 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 305925 | 1713 | SH |  | SOLE |  | 1713 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 306252 | 5535 | SH |  | SOLE |  | 5535 | 0 | 0 |
| CEMEX SAB DE CV | SPON ADR NEW | 151290889 |  | 356833 | 51491 | SH |  | SOLE |  | 51491 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 230285 | 768 | SH |  | SOLE |  | 768 | 0 | 0 |
| CENTRAL GARDEN  PET CO | COM | 153527106 |  | 543918 | 15461 | SH |  | SOLE |  | 15461 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 307004 | 3337 | SH |  | SOLE |  | 3337 | 0 | 0 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 383869 | 1735 | SH |  | SOLE |  | 1735 | 0 | 0 |
| CHEMED CORP NEW | COM | 16359R103 |  | 967530 | 1987 | SH |  | SOLE |  | 1987 | 0 | 0 |
| CHOICE HOTELS INTL INC | COM | 169905106 |  | 525410 | 4141 | SH |  | SOLE |  | 4141 | 0 | 0 |
| CINEMARK HLDGS INC | COM | 17243V102 |  | 948588 | 31431 | SH |  | SOLE |  | 31431 | 0 | 0 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 275129 | 2639 | SH |  | SOLE |  | 2639 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 573952 | 17936 | SH |  | SOLE |  | 17936 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 531430 | 4426 | SH |  | SOLE |  | 4426 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 703933 | 2554 | SH |  | SOLE |  | 2554 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 785912 | 11344 | SH |  | SOLE |  | 11344 | 0 | 0 |
| CNH INDL N V | SHS | N20944109 |  | 373663 | 28832 | SH |  | SOLE |  | 28832 | 0 | 0 |
| CNO FINL GROUP INC | COM | 12621E103 |  | 247838 | 6424 | SH |  | SOLE |  | 6424 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 330686 | 4674 | SH |  | SOLE |  | 4674 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 496145 | 5351 | SH |  | SOLE |  | 5351 | 0 | 0 |
| COEUR MNG INC | COM NEW | 192108504 |  | 282120 | 31842 | SH |  | SOLE |  | 31842 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 856301 | 10974 | SH |  | SOLE |  | 10974 | 0 | 0 |
| COINSHARES VALKYRIE BITCOIN | COM | 91916J100 |  | 1203961 | 39513 | SH |  | SOLE |  | 39513 | 0 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 549570 | 23506 | SH |  | SOLE |  | 23506 | 0 | 0 |
| COLUMBIA SPORTSWEAR CO | COM | 198516106 |  | 306133 | 5012 | SH |  | SOLE |  | 5012 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 791461 | 22176 | SH |  | SOLE |  | 22176 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 208049 | 388 | SH |  | SOLE |  | 388 | 0 | 0 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 589807 | 9487 | SH |  | SOLE |  | 9487 | 0 | 0 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 444445 | 9087 | SH |  | SOLE |  | 9087 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 715713 | 34964 | SH |  | SOLE |  | 34964 | 0 | 0 |
| CONSTELLIUM SE | CL A SHS | F21107101 |  | 162659 | 12230 | SH |  | SOLE |  | 12230 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 559343 | 6957 | SH |  | SOLE |  | 6957 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 642471 | 649 | SH |  | SOLE |  | 649 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 423694 | 16694 | SH |  | SOLE |  | 16694 | 0 | 0 |
| COUSINS PPTYS INC | COM NEW | 222795502 |  | 335976 | 11188 | SH |  | SOLE |  | 11188 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 |  | 626736 | 6086 | SH |  | SOLE |  | 6086 | 0 | 0 |
| CSW INDUSTRIALS INC | COM | 126402106 |  | 834102 | 2908 | SH |  | SOLE |  | 2908 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 355178 | 10885 | SH |  | SOLE |  | 10885 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 478380 | 11256 | SH |  | SOLE |  | 11256 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 516474 | 4018 | SH |  | SOLE |  | 4018 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 966125 | 2950 | SH |  | SOLE |  | 2950 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 586749 | 1201 | SH |  | SOLE |  | 1201 | 0 | 0 |
| DAVE  BUSTERS ENTMT INC | COM | 238337109 |  | 261425 | 8691 | SH |  | SOLE |  | 8691 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 273032 | 2649 | SH |  | SOLE |  | 2649 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 1018505 | 2003 | SH |  | SOLE |  | 2003 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1061403 | 21582 | SH |  | SOLE |  | 21582 | 0 | 0 |
| DEUTSCHE BANK A G | NAMEN AKT | D18190898 |  | 392323 | 13399 | SH |  | SOLE |  | 13399 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 811569 | 25513 | SH |  | SOLE |  | 25513 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 590620 | 5857 | SH |  | SOLE |  | 5857 | 0 | 0 |
| DIVERSIFIED ENERGY COMPANY P | SHS NEW | G2891G204 |  | 1315415 | 89667 | SH |  | SOLE |  | 89667 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 463804 | 4683 | SH |  | SOLE |  | 4683 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 305056 | 677 | SH |  | SOLE |  | 677 | 0 | 0 |
| DONALDSON INC | COM | 257651109 |  | 1273335 | 18361 | SH |  | SOLE |  | 18361 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 215309 | 8131 | SH |  | SOLE |  | 8131 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 |  | 606137 | 4576 | SH |  | SOLE |  | 4576 | 0 | 0 |
| EAGLE MATLS INC | COM | 26969P108 |  | 407656 | 2017 | SH |  | SOLE |  | 2017 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 2385835 | 31956 | SH |  | SOLE |  | 31956 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 753237 | 10116 | SH |  | SOLE |  | 10116 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 386647 | 496 | SH |  | SOLE |  | 496 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 481480 | 10624 | SH |  | SOLE |  | 10624 | 0 | 0 |
| ENOVIS CORPORATION | COM | 194014502 |  | 400969 | 12786 | SH |  | SOLE |  | 12786 | 0 | 0 |
| ENOVIX CORPORATION | COM | 293594107 |  | 106678 | 10317 | SH |  | SOLE |  | 10317 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 287921 | 3570 | SH |  | SOLE |  | 3570 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 1081391 | 13010 | SH |  | SOLE |  | 13010 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 208533 | 804 | SH |  | SOLE |  | 804 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 731832 | 920 | SH |  | SOLE |  | 920 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 532150 | 8629 | SH |  | SOLE |  | 8629 | 0 | 0 |
| ERIE INDTY CO | CL A | 29530P102 |  | 529895 | 1528 | SH |  | SOLE |  | 1528 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 244129 | 4867 | SH |  | SOLE |  | 4867 | 0 | 0 |
| EURONET WORLDWIDE INC | COM | 298736109 |  | 457832 | 4516 | SH |  | SOLE |  | 4516 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 360241 | 1060 | SH |  | SOLE |  | 1060 | 0 | 0 |
| EVERGY INC | COM | 30034W106 |  | 308117 | 4470 | SH |  | SOLE |  | 4470 | 0 | 0 |
| EXLSERVICE HOLDINGS INC | COM | 302081104 |  | 839104 | 19162 | SH |  | SOLE |  | 19162 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 489509 | 2902 | SH |  | SOLE |  | 2902 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 840537 | 7357 | SH |  | SOLE |  | 7357 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1581426 | 14670 | SH |  | SOLE |  | 14670 | 0 | 0 |
| F5 INC | COM | 315616102 |  | 313451 | 1065 | SH |  | SOLE |  | 1065 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 946883 | 518 | SH |  | SOLE |  | 518 | 0 | 0 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 1154413 | 12153 | SH |  | SOLE |  | 12153 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 908004 | 16197 | SH |  | SOLE |  | 16197 | 0 | 0 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 2607377 | 27741 | SH |  | SOLE |  | 27741 | 0 | 0 |
| FIRST INDL RLTY TR INC | COM | 32054K103 |  | 363237 | 7547 | SH |  | SOLE |  | 7547 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 694985 | 4031 | SH |  | SOLE |  | 4031 | 0 | 0 |
| FLAGSTAR FINANCIAL INC | COM NEW | 649445400 |  | 221233 | 20871 | SH |  | SOLE |  | 20871 | 0 | 0 |
| FLUENCE ENERGY INC | COM CL A | 34379V103 |  | 257449 | 38368 | SH |  | SOLE |  | 38368 | 0 | 0 |
| FORTUNA MNG CORP | COM NEW | 349942102 |  | 94222 | 14407 | SH |  | SOLE |  | 14407 | 0 | 0 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 |  | 1457502 | 28312 | SH |  | SOLE |  | 28312 | 0 | 0 |
| FOX CORP | CL A COM | 35137L105 |  | 474715 | 8471 | SH |  | SOLE |  | 8471 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 406522 | 2480 | SH |  | SOLE |  | 2480 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 449323 | 10365 | SH |  | SOLE |  | 10365 | 0 | 0 |
| FRESHPET INC | COM | 358039105 |  | 313907 | 4619 | SH |  | SOLE |  | 4619 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 1115888 | 9700 | SH |  | SOLE |  | 9700 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 965482 | 3016 | SH |  | SOLE |  | 3016 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 232514 | 1114 | SH |  | SOLE |  | 1114 | 0 | 0 |
| GATX CORP | COM | 361448103 |  | 219591 | 1430 | SH |  | SOLE |  | 1430 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 |  | 214943 | 7311 | SH |  | SOLE |  | 7311 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 481239 | 1650 | SH |  | SOLE |  | 1650 | 0 | 0 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 104120 | 13383 | SH |  | SOLE |  | 13383 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 230423 | 9621 | SH |  | SOLE |  | 9621 | 0 | 0 |
| GERON CORP | COM | 374163103 |  | 21013 | 14903 | SH |  | SOLE |  | 14903 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 289596 | 2330 | SH |  | SOLE |  | 2330 | 0 | 0 |
| GMS INC | COM | 36251C103 |  | 276116 | 2539 | SH |  | SOLE |  | 2539 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 731044 | 4060 | SH |  | SOLE |  | 4060 | 0 | 0 |
| GOODYEAR TIRE  RUBR CO | COM | 382550101 |  | 277335 | 26744 | SH |  | SOLE |  | 26744 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 429592 | 4997 | SH |  | SOLE |  | 4997 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 |  | 1038160 | 998 | SH |  | SOLE |  | 998 | 0 | 0 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 742844 | 1701 | SH |  | SOLE |  | 1701 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 369024 | 9610 | SH |  | SOLE |  | 9610 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 1256597 | 5337 | SH |  | SOLE |  | 5337 | 0 | 0 |
| HALEON PLC | SPON ADS | 405552100 |  | 2046198 | 197319 | SH |  | SOLE |  | 197319 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 431791 | 21187 | SH |  | SOLE |  | 21187 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 470729 | 9049 | SH |  | SOLE |  | 9049 | 0 | 0 |
| HANCOCK WHITNEY CORPORATION | COM | 410120109 |  | 265016 | 4617 | SH |  | SOLE |  | 4617 | 0 | 0 |
| HEALTHEQUITY INC | COM | 42226A107 |  | 262843 | 2509 | SH |  | SOLE |  | 2509 | 0 | 0 |
| HELMERICH  PAYNE INC | COM | 423452101 |  | 715719 | 47211 | SH |  | SOLE |  | 47211 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 357998 | 1987 | SH |  | SOLE |  | 1987 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 929652 | 5602 | SH |  | SOLE |  | 5602 | 0 | 0 |
| HEXCEL CORP NEW | COM | 428291108 |  | 248500 | 4399 | SH |  | SOLE |  | 4399 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 488364 | 1332 | SH |  | SOLE |  | 1332 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 639818 | 21151 | SH |  | SOLE |  | 21151 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 810762 | 52784 | SH |  | SOLE |  | 52784 | 0 | 0 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 867899 | 4823 | SH |  | SOLE |  | 4823 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 432673 | 17689 | SH |  | SOLE |  | 17689 | 0 | 0 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 |  | 427779 | 7037 | SH |  | SOLE |  | 7037 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 351641 | 861 | SH |  | SOLE |  | 861 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 338360 | 1384 | SH |  | SOLE |  | 1384 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 868349 | 6047 | SH |  | SOLE |  | 6047 | 0 | 0 |
| HYATT HOTELS CORP | COM CL A | 448579102 |  | 1007016 | 7211 | SH |  | SOLE |  | 7211 | 0 | 0 |
| ICON PLC | SHS | G4705A100 |  | 326535 | 2245 | SH |  | SOLE |  | 2245 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 1719357 | 9793 | SH |  | SOLE |  | 9793 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 444897 | 6533 | SH |  | SOLE |  | 6533 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 719193 | 5303 | SH |  | SOLE |  | 5303 | 0 | 0 |
| INSMED INC | COM PAR $.01 | 457669307 |  | 335332 | 3332 | SH |  | SOLE |  | 3332 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 217098 | 691 | SH |  | SOLE |  | 691 | 0 | 0 |
| INTERCONTINENTAL HOTELS GROU | SPONSORED ADS | 45857P806 |  | 658822 | 5712 | SH |  | SOLE |  | 5712 | 0 | 0 |
| INTERDIGITAL INC | COM | 45867G101 |  | 508554 | 2268 | SH |  | SOLE |  | 2268 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 704756 | 9582 | SH |  | SOLE |  | 9582 | 0 | 0 |
| INTERPARFUMS INC | COM | 458334109 |  | 250146 | 1905 | SH |  | SOLE |  | 1905 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 444509 | 818 | SH |  | SOLE |  | 818 | 0 | 0 |
| INVESCO GALAXY BITCOIN ETF | COM SHS BEN INT | 46091J101 |  | 4612069 | 42891 | SH |  | SOLE |  | 42891 | 0 | 0 |
| IOVANCE BIOTHERAPEUTICS INC | COM | 462260100 |  | 19398 | 11278 | SH |  | SOLE |  | 11278 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 286341 | 1817 | SH |  | SOLE |  | 1817 | 0 | 0 |
| IRIDIUM COMMUNICATIONS INC | COM | 46269C102 |  | 444102 | 14720 | SH |  | SOLE |  | 14720 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 10331269 | 168784 | SH |  | SOLE |  | 168784 | 0 | 0 |
| ISHARES ETHEREUM TR | SHS | 46438R105 |  | 2007899 | 105291 | SH |  | SOLE |  | 105291 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 1193464 | 36375 | SH |  | SOLE |  | 36375 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 257035 | 2345 | SH |  | SOLE |  | 2345 | 0 | 0 |
| ISHARES TR | MBS ETF | 464288588 |  | 408985 | 4356 | SH |  | SOLE |  | 4356 | 0 | 0 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 10499617 | 95088 | SH |  | SOLE |  | 95088 | 0 | 0 |
| ITT INC | COM | 45073V108 |  | 491505 | 3134 | SH |  | SOLE |  | 3134 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 371632 | 3502 | SH |  | SOLE |  | 3502 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 1555329 | 28439 | SH |  | SOLE |  | 28439 | 0 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 676643 | 159963 | SH |  | SOLE |  | 159963 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 570980 | 3738 | SH |  | SOLE |  | 3738 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 336717 | 3188 | SH |  | SOLE |  | 3188 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 416021 | 1435 | SH |  | SOLE |  | 1435 | 0 | 0 |
| KBR INC | COM | 48242W106 |  | 802755 | 16745 | SH |  | SOLE |  | 16745 | 0 | 0 |
| KELLANOVA | COM | 487836108 |  | 528556 | 6646 | SH |  | SOLE |  | 6646 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 451598 | 2756 | SH |  | SOLE |  | 2756 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 1335224 | 10357 | SH |  | SOLE |  | 10357 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 782877 | 874 | SH |  | SOLE |  | 874 | 0 | 0 |
| KOSMOS ENERGY LTD | COM | 500688106 |  | 58212 | 33844 | SH |  | SOLE |  | 33844 | 0 | 0 |
| LANDSTAR SYS INC | COM | 515098101 |  | 293054 | 2108 | SH |  | SOLE |  | 2108 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 414955 | 9537 | SH |  | SOLE |  | 9537 | 0 | 0 |
| LATTICE SEMICONDUCTOR CORP | COM | 518415104 |  | 638438 | 13032 | SH |  | SOLE |  | 13032 | 0 | 0 |
| LCI INDS | COM | 50189K103 |  | 240103 | 2633 | SH |  | SOLE |  | 2633 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 432596 | 3911 | SH |  | SOLE |  | 3911 | 0 | 0 |
| LENNOX INTL INC | COM | 526107107 |  | 894254 | 1560 | SH |  | SOLE |  | 1560 | 0 | 0 |
| LEONARDO DRS INC | COM | 52661A108 |  | 238117 | 5123 | SH |  | SOLE |  | 5123 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL C | G61188127 |  | 986316 | 95666 | SH |  | SOLE |  | 95666 | 0 | 0 |
| LIBERTY LATIN AMERICA LTD | COM CL A | G9001E102 |  | 1356579 | 222390 | SH |  | SOLE |  | 222390 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S A | 531229771 |  | 356480 | 3754 | SH |  | SOLE |  | 3754 | 0 | 0 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 |  | 470409 | 2269 | SH |  | SOLE |  | 2269 | 0 | 0 |
| LITTELFUSE INC | COM | 537008104 |  | 380226 | 1677 | SH |  | SOLE |  | 1677 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 639422 | 17277 | SH |  | SOLE |  | 17277 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1745575 | 3769 | SH |  | SOLE |  | 3769 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 341598 | 911 | SH |  | SOLE |  | 911 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 256586 | 1080 | SH |  | SOLE |  | 1080 | 0 | 0 |
| MARKETAXESS HLDGS INC | COM | 57060D108 |  | 249471 | 1117 | SH |  | SOLE |  | 1117 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 350528 | 1283 | SH |  | SOLE |  | 1283 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 654608 | 2994 | SH |  | SOLE |  | 2994 | 0 | 0 |
| MASTEC INC | COM | 576323109 |  | 272688 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 237216 | 4971 | SH |  | SOLE |  | 4971 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 461629 | 1580 | SH |  | SOLE |  | 1580 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 375183 | 512 | SH |  | SOLE |  | 512 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 191295 | 44384 | SH |  | SOLE |  | 44384 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 1417322 | 17624 | SH |  | SOLE |  | 17624 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 483985 | 412 | SH |  | SOLE |  | 412 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 591970 | 4803 | SH |  | SOLE |  | 4803 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 648125 | 1303 | SH |  | SOLE |  | 1303 | 0 | 0 |
| MIDDLEBY CORP | COM | 596278101 |  | 431568 | 2997 | SH |  | SOLE |  | 2997 | 0 | 0 |
| MODINE MFG CO | COM | 607828100 |  | 666944 | 6771 | SH |  | SOLE |  | 6771 | 0 | 0 |
| MOHAWK INDS INC | COM | 608190104 |  | 244382 | 2331 | SH |  | SOLE |  | 2331 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 390623 | 6236 | SH |  | SOLE |  | 6236 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 1180407 | 8380 | SH |  | SOLE |  | 8380 | 0 | 0 |
| MURPHY USA INC | COM | 626755102 |  | 569113 | 1399 | SH |  | SOLE |  | 1399 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 507906 | 5680 | SH |  | SOLE |  | 5680 | 0 | 0 |
| NATIONAL GRID PLC | SPONSORED ADR NE | 636274409 |  | 2014800 | 27077 | SH |  | SOLE |  | 27077 | 0 | 0 |
| NATWEST GROUP PLC | SPONS ADR | 639057207 |  | 1391582 | 98345 | SH |  | SOLE |  | 98345 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 610851 | 5733 | SH |  | SOLE |  | 5733 | 0 | 0 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 248607 | 4441 | SH |  | SOLE |  | 4441 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1416029 | 20398 | SH |  | SOLE |  | 20398 | 0 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 266335 | 51416 | SH |  | SOLE |  | 51416 | 0 | 0 |
| NOV INC | COM | 62955J103 |  | 528026 | 42480 | SH |  | SOLE |  | 42480 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 401129 | 2498 | SH |  | SOLE |  | 2498 | 0 | 0 |
| OGE ENERGY CORP | COM | 670837103 |  | 224341 | 5055 | SH |  | SOLE |  | 5055 | 0 | 0 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 349421 | 9534 | SH |  | SOLE |  | 9534 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 235426 | 4492 | SH |  | SOLE |  | 4492 | 0 | 0 |
| ONEMAIN HLDGS INC | COM | 68268W103 |  | 267159 | 4687 | SH |  | SOLE |  | 4687 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 391129 | 1789 | SH |  | SOLE |  | 1789 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 1443071 | 16011 | SH |  | SOLE |  | 16011 | 0 | 0 |
| OTTER TAIL CORP | COM | 689648103 |  | 244992 | 3178 | SH |  | SOLE |  | 3178 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 |  | 349680 | 9190 | SH |  | SOLE |  | 9190 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 323946 | 1719 | SH |  | SOLE |  | 1719 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS A COM | 92556H107 |  | 397035 | 17300 | SH |  | SOLE |  | 17300 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 568312 | 3907 | SH |  | SOLE |  | 3907 | 0 | 0 |
| PENN ENTERTAINMENT INC | COM | 707569109 |  | 182703 | 10224 | SH |  | SOLE |  | 10224 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 504882 | 4918 | SH |  | SOLE |  | 4918 | 0 | 0 |
| PENUMBRA INC | COM | 70975L107 |  | 436528 | 1701 | SH |  | SOLE |  | 1701 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SP ADR NON VTG | 71654V101 |  | 1945944 | 168626 | SH |  | SOLE |  | 168626 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 1469934 | 5043 | SH |  | SOLE |  | 5043 | 0 | 0 |
| POPULAR INC | COM NEW | 733174700 |  | 605604 | 5495 | SH |  | SOLE |  | 5495 | 0 | 0 |
| POST HLDGS INC | COM | 737446104 |  | 472427 | 4333 | SH |  | SOLE |  | 4333 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 764491 | 22558 | SH |  | SOLE |  | 22558 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 629952 | 6528 | SH |  | SOLE |  | 6528 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 206481 | 6971 | SH |  | SOLE |  | 6971 | 0 | 0 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 462574 | 5935 | SH |  | SOLE |  | 5935 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1360593 | 8540 | SH |  | SOLE |  | 8540 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 1175518 | 4405 | SH |  | SOLE |  | 4405 | 0 | 0 |
| PROSHARES TR | SHRT 20+YR TRE | 74347X849 |  | 400497 | 16570 | SH |  | SOLE |  | 16570 | 0 | 0 |
| PROSHARES TR | SHORT S 500 NE | 74349Y753 |  | 399736 | 10074 | SH |  | SOLE |  | 10074 | 0 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 490205 | 6979 | SH |  | SOLE |  | 6979 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 466934 | 4346 | SH |  | SOLE |  | 4346 | 0 | 0 |
| PRUDENTIAL PLC | ADR | 74435K204 |  | 1671636 | 66812 | SH |  | SOLE |  | 66812 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 411294 | 3900 | SH |  | SOLE |  | 3900 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 1059002 | 2801 | SH |  | SOLE |  | 2801 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 633914 | 3529 | SH |  | SOLE |  | 3529 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 1015203 | 17622 | SH |  | SOLE |  | 17622 | 0 | 0 |
| REINSURANCE GRP OF AMERICA I | COM NEW | 759351604 |  | 464162 | 2340 | SH |  | SOLE |  | 2340 | 0 | 0 |
| RELIANCE INC | COM | 759509102 |  | 771880 | 2459 | SH |  | SOLE |  | 2459 | 0 | 0 |
| RELX PLC | SPONSORED ADR | 759530108 |  | 596816 | 10983 | SH |  | SOLE |  | 10983 | 0 | 0 |
| RENAISSANCERE HLDGS LTD | COM | G7496G103 |  | 363136 | 1495 | SH |  | SOLE |  | 1495 | 0 | 0 |
| RENTOKIL INITIAL PLC | SPONSORED ADR | 760125104 |  | 4721472 | 196728 | SH |  | SOLE |  | 196728 | 0 | 0 |
| REVVITY INC | COM | 714046109 |  | 240833 | 2490 | SH |  | SOLE |  | 2490 | 0 | 0 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 554038 | 15576 | SH |  | SOLE |  | 15576 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 769839 | 13198 | SH |  | SOLE |  | 13198 | 0 | 0 |
| RLJ LODGING TR | COM | 74965L101 |  | 116560 | 16011 | SH |  | SOLE |  | 16011 | 0 | 0 |
| ROBERT HALF INC. | COM | 770323103 |  | 636152 | 15497 | SH |  | SOLE |  | 15497 | 0 | 0 |
| ROKU INC | COM CL A | 77543R102 |  | 343386 | 3907 | SH |  | SOLE |  | 3907 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 1276524 | 2252 | SH |  | SOLE |  | 2252 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 1133548 | 8885 | SH |  | SOLE |  | 8885 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 |  | 313615 | 2384 | SH |  | SOLE |  | 2384 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 794933 | 5444 | SH |  | SOLE |  | 5444 | 0 | 0 |
| RXO INC | COMMON STOCK | 74982T103 |  | 184270 | 11722 | SH |  | SOLE |  | 11722 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 2809401 | 5328 | SH |  | SOLE |  | 5328 | 0 | 0 |
| SAIA INC | COM | 78709Y105 |  | 350707 | 1280 | SH |  | SOLE |  | 1280 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 623915 | 2288 | SH |  | SOLE |  | 2288 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 422167 | 4627 | SH |  | SOLE |  | 4627 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 332021 | 10700 | SH |  | SOLE |  | 10700 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 |  | 308939 | 3438 | SH |  | SOLE |  | 3438 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 480458 | 6341 | SH |  | SOLE |  | 6341 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 2013656 | 28599 | SH |  | SOLE |  | 28599 | 0 | 0 |
| SILGAN HLDGS INC | COM | 827048109 |  | 212982 | 3931 | SH |  | SOLE |  | 3931 | 0 | 0 |
| SIMPSON MFG INC | COM | 829073105 |  | 323200 | 2081 | SH |  | SOLE |  | 2081 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 508303 | 16704 | SH |  | SOLE |  | 16704 | 0 | 0 |
| SLM CORP | COM | 78442P106 |  | 238711 | 7280 | SH |  | SOLE |  | 7280 | 0 | 0 |
| SMITH  NEPHEW PLC | SPDN ADR NEW | 83175M205 |  | 1618122 | 52828 | SH |  | SOLE |  | 52828 | 0 | 0 |
| SMURFIT WESTROCK PLC | SHS | G8267P108 |  | 273916 | 6348 | SH |  | SOLE |  | 6348 | 0 | 0 |
| SONOCO PRODS CO | COM | 835495102 |  | 701577 | 16106 | SH |  | SOLE |  | 16106 | 0 | 0 |
| SOUNDHOUND AI INC | CLASS A COM | 836100107 |  | 121592 | 11332 | SH |  | SOLE |  | 11332 | 0 | 0 |
| SPIRIT AEROSYSTEMS HLDGS INC | COM CL A | 848574109 |  | 250264 | 6560 | SH |  | SOLE |  | 6560 | 0 | 0 |
| SPROTT PHYSICAL GOLD TR | UNIT | 85207H104 |  | 1442136 | 56889 | SH |  | SOLE |  | 56889 | 0 | 0 |
| SPS COMM INC | COM | 78463M107 |  | 440523 | 3237 | SH |  | SOLE |  | 3237 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 879648 | 9600 | SH |  | SOLE |  | 9600 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 863555 | 6746 | SH |  | SOLE |  | 6746 | 0 | 0 |
| STIFEL FINL CORP | COM | 860630102 |  | 381703 | 3678 | SH |  | SOLE |  | 3678 | 0 | 0 |
| STONECO LTD | COM CL A | G85158106 |  | 167618 | 10450 | SH |  | SOLE |  | 10450 | 0 | 0 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 |  | 664574 | 12842 | SH |  | SOLE |  | 12842 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 848032 | 3492 | SH |  | SOLE |  | 3492 | 0 | 0 |
| TAL EDUCATION GROUP | SPONSORED ADS | 874080104 |  | 175191 | 17142 | SH |  | SOLE |  | 17142 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 874385 | 5184 | SH |  | SOLE |  | 5184 | 0 | 0 |
| TECHNIPFMC PLC | COM | G87110105 |  | 265946 | 7722 | SH |  | SOLE |  | 7722 | 0 | 0 |
| TELEFLEX INCORPORATED | COM | 879369106 |  | 762475 | 6442 | SH |  | SOLE |  | 6442 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 239021 | 14883 | SH |  | SOLE |  | 14883 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 508767 | 5658 | SH |  | SOLE |  | 5658 | 0 | 0 |
| TEREX CORP NEW | COM | 880779103 |  | 249792 | 5350 | SH |  | SOLE |  | 5350 | 0 | 0 |
| TERRENO RLTY CORP | COM | 88146M101 |  | 515900 | 9201 | SH |  | SOLE |  | 9201 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 473949 | 1492 | SH |  | SOLE |  | 1492 | 0 | 0 |
| TEXAS ROADHOUSE INC | COM | 882681109 |  | 400308 | 2136 | SH |  | SOLE |  | 2136 | 0 | 0 |
| TEXTRON INC | COM | 883203101 |  | 505345 | 6294 | SH |  | SOLE |  | 6294 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 1090772 | 35588 | SH |  | SOLE |  | 35588 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 1601162 | 3949 | SH |  | SOLE |  | 3949 | 0 | 0 |
| TIMKEN CO | COM | 887389104 |  | 537305 | 7406 | SH |  | SOLE |  | 7406 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 636097 | 5151 | SH |  | SOLE |  | 5151 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 431339 | 2504 | SH |  | SOLE |  | 2504 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 97200 | 37529 | SH |  | SOLE |  | 37529 | 0 | 0 |
| TRANSUNION | COM | 89400J107 |  | 706464 | 8028 | SH |  | SOLE |  | 8028 | 0 | 0 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 385527 | 7470 | SH |  | SOLE |  | 7470 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 269948 | 1009 | SH |  | SOLE |  | 1009 | 0 | 0 |
| TREX CO INC | COM | 89531P105 |  | 456466 | 8394 | SH |  | SOLE |  | 8394 | 0 | 0 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 225138 | 44406 | SH |  | SOLE |  | 44406 | 0 | 0 |
| U HAUL HOLDING COMPANY | COM | 023586100 |  | 334231 | 5519 | SH |  | SOLE |  | 5519 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 303615 | 649 | SH |  | SOLE |  | 649 | 0 | 0 |
| UMB FINL CORP | COM | 902788108 |  | 756731 | 7196 | SH |  | SOLE |  | 7196 | 0 | 0 |
| UNDER ARMOUR INC | CL A | 904311107 |  | 418365 | 61254 | SH |  | SOLE |  | 61254 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 668152 | 2904 | SH |  | SOLE |  | 2904 | 0 | 0 |
| UNITED MICROELECTRONICS CORP | SPON ADR NEW | 910873405 |  | 174542 | 22816 | SH |  | SOLE |  | 22816 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 524484 | 5196 | SH |  | SOLE |  | 5196 | 0 | 0 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 |  | 388312 | 2514 | SH |  | SOLE |  | 2514 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 397178 | 4918 | SH |  | SOLE |  | 4918 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1117585 | 24698 | SH |  | SOLE |  | 24698 | 0 | 0 |
| V F CORP | COM | 918204108 |  | 193170 | 16440 | SH |  | SOLE |  | 16440 | 0 | 0 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 636021 | 71223 | SH |  | SOLE |  | 71223 | 0 | 0 |
| VANECK BITCOIN ETF | SH BEN INT | 92189K105 |  | 4614407 | 151441 | SH |  | SOLE |  | 151441 | 0 | 0 |
| VIASAT INC | COM | 92552V100 |  | 154964 | 10614 | SH |  | SOLE |  | 10614 | 0 | 0 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 1242146 | 116524 | SH |  | SOLE |  | 116524 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 729253 | 2796 | SH |  | SOLE |  | 2796 | 0 | 0 |
| WAFD INC | COM | 938824109 |  | 224402 | 7664 | SH |  | SOLE |  | 7664 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 257083 | 22394 | SH |  | SOLE |  | 22394 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 318731 | 1707 | SH |  | SOLE |  | 1707 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 2305362 | 10075 | SH |  | SOLE |  | 10075 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 515881 | 1478 | SH |  | SOLE |  | 1478 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 1715757 | 16466 | SH |  | SOLE |  | 16466 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 708902 | 8848 | SH |  | SOLE |  | 8848 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 432442 | 2813 | SH |  | SOLE |  | 2813 | 0 | 0 |
| WENDYS CO | COM | 95058W100 |  | 322684 | 28256 | SH |  | SOLE |  | 28256 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 232803 | 1064 | SH |  | SOLE |  | 1064 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 608269 | 72241 | SH |  | SOLE |  | 72241 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 1262047 | 49126 | SH |  | SOLE |  | 49126 | 0 | 0 |
| WINGSTOP INC | COM | 974155103 |  | 741838 | 2203 | SH |  | SOLE |  | 2203 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 |  | 492159 | 16971 | SH |  | SOLE |  | 16971 | 0 | 0 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 614321 | 4955 | SH |  | SOLE |  | 4955 | 0 | 0 |
| WOODWARD INC | COM | 980745103 |  | 1120306 | 4571 | SH |  | SOLE |  | 4571 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 272640 | 1136 | SH |  | SOLE |  | 1136 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 200240 | 3210 | SH |  | SOLE |  | 3210 | 0 | 0 |
| WPP PLC NEW | ADR | 92937A102 |  | 209990 | 5998 | SH |  | SOLE |  | 5998 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 270104 | 2088 | SH |  | SOLE |  | 2088 | 0 | 0 |
| ZILLOW GROUP INC | CL A | 98954M101 |  | 2516597 | 36744 | SH |  | SOLE |  | 36744 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 570883 | 6259 | SH |  | SOLE |  | 6259 | 0 | 0 |
| ZIONS BANCORPORATION N A | COM | 989701107 |  | 441178 | 8494 | SH |  | SOLE |  | 8494 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 1657281 | 10627 | SH |  | SOLE |  | 10627 | 0 | 0 |
| ZURN ELKAY WATER SOLNS CORP | COM | 98983L108 |  | 256648 | 7018 | SH |  | SOLE |  | 7018 | 0 | 0 |

---