# EDGAR Filing Document

**Accession Number:** 0001698461
**File Stem:** 0001172661-26-000667
**Filing Date:** 2026-2
**Character Count:** 36216
**Document Hash:** 1a7f231b6ead20d46a93135aea0d0d65
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-26-000667.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0001172661-26-000667

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260212

**DATE AS OF CHANGE**: 20260212

**EFFECTIVENESS DATE**: 20260212

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Counterpoint Mutual Funds LLC
- **CENTRAL INDEX KEY:** 0001698461

**ORGANIZATION NAME:**
- **EIN:** 465751641
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21298
- **FILM NUMBER:** 26625107

**BUSINESS ADDRESS:**
- **STREET 1:** 12770 HIGH BLUFF DRIVE
- **STREET 2:** SUITE #380
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92130
- **BUSINESS PHONE:** 8583149300

**MAIL ADDRESS:**
- **STREET 1:** 12770 HIGH BLUFF DRIVE
- **STREET 2:** SUITE #380
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92130

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** Counterpoint Mutual Funds LLC<br>**Address:** 12770 High Bluff Drive<br>Suite #380<br>San Diego, CA 92130

**Form 13F File Number:** 028-21298

**CRD Number (if applicable):** 000172379

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:** Michael Krause<br>**Title:** Chief Investment Officer<br>**Phone:** 8587714000

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

Michael Krause  San Diego, CA  02-12-2026<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:** 339

**Form 13F Information Table Value Total:** $1349861384

      (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 |
| A10 NETWORKS INC | COM | 002121101 |  | 285800 | 16156 | SH |  | SOLE |  | 16156 | 0 | 0 |
| ACADIA HEALTHCARE COMPANY IN | COM | 00404A109 |  | 787843 | 55521 | SH |  | SOLE |  | 55521 | 0 | 0 |
| ACCEL ENTERTAINMENT INC | COM CL A1 | 00436Q106 |  | 299159 | 26219 | SH |  | SOLE |  | 26219 | 0 | 0 |
| ACCELERANT HOLDINGS | CL A | G00894108 |  | 2877060 | 175967 | SH |  | SOLE |  | 175967 | 0 | 0 |
| ADIENT PLC | ORD SHS | G0084W101 |  | 508388 | 26520 | SH |  | SOLE |  | 26520 | 0 | 0 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 503795 | 4869 | SH |  | SOLE |  | 4869 | 0 | 0 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 3385420 | 86143 | SH |  | SOLE |  | 86143 | 0 | 0 |
| AEROVIRONMENT INC | COM | 008073108 |  | 504341 | 2085 | SH |  | SOLE |  | 2085 | 0 | 0 |
| ALCOA CORP | COM | 013872106 |  | 501429 | 9436 | SH |  | SOLE |  | 9436 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 3367880 | 10760 | SH |  | SOLE |  | 10760 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 504111 | 2184 | SH |  | SOLE |  | 2184 | 0 | 0 |
| AMERICAN AXLE  MFG HLDGS IN | COM | 024061103 |  | 506531 | 79022 | SH |  | SOLE |  | 79022 | 0 | 0 |
| AMERICAN EAGLE OUTFITTERS IN | COM | 02553E106 |  | 500397 | 18976 | SH |  | SOLE |  | 18976 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 306463 | 625 | SH |  | SOLE |  | 625 | 0 | 0 |
| AMN HEALTHCARE SVCS INC | COM | 001744101 |  | 3658337 | 232128 | SH |  | SOLE |  | 232128 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 502045 | 3715 | SH |  | SOLE |  | 3715 | 0 | 0 |
| AMPRIUS TECHNOLOGIES INC | COMMON STOCK | 03214Q108 |  | 260686 | 33040 | SH |  | SOLE |  | 33040 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 500635 | 1846 | SH |  | SOLE |  | 1846 | 0 | 0 |
| ANGLOGOLD ASHANTI PLC | COM SHS | G0378L100 |  | 2861997 | 33560 | SH |  | SOLE |  | 33560 | 0 | 0 |
| APTARGROUP INC | COM | 038336103 |  | 290143 | 2379 | SH |  | SOLE |  | 2379 | 0 | 0 |
| ARCHROCK INC | COM | 03957W106 |  | 318068 | 12224 | SH |  | SOLE |  | 12224 | 0 | 0 |
| ARDENT HEALTH INC | COM | 03980N107 |  | 238207 | 26977 | SH |  | SOLE |  | 26977 | 0 | 0 |
| ASSURED GUARANTY LTD | COM | G0585R106 |  | 293156 | 3262 | SH |  | SOLE |  | 3262 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 303023 | 12199 | SH |  | SOLE |  | 12199 | 0 | 0 |
| ATI INC | COM | 01741R102 |  | 500354 | 4360 | SH |  | SOLE |  | 4360 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 288771 | 1781 | SH |  | SOLE |  | 1781 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 502921 | 1699 | SH |  | SOLE |  | 1699 | 0 | 0 |
| AVANOS MED INC | COM | 05350V106 |  | 539972 | 48083 | SH |  | SOLE |  | 48083 | 0 | 0 |
| AVEANNA HEALTHCARE HLDGS INC | COM | 05356F105 |  | 3382870 | 414060 | SH |  | SOLE |  | 414060 | 0 | 0 |
| AVNET INC | COM | 053807103 |  | 299586 | 6231 | SH |  | SOLE |  | 6231 | 0 | 0 |
| AXOGEN INC | COM | 05463X106 |  | 2866493 | 87580 | SH |  | SOLE |  | 87580 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 2865372 | 65795 | SH |  | SOLE |  | 65795 | 0 | 0 |
| BBB FOODS INC | CL A COM | G0896C103 |  | 499748 | 14967 | SH |  | SOLE |  | 14967 | 0 | 0 |
| BEACON FINANCIAL CORP. | COM | 084680107 |  | 280366 | 10632 | SH |  | SOLE |  | 10632 | 0 | 0 |
| BELDEN INC | COM | 077454106 |  | 306293 | 2628 | SH |  | SOLE |  | 2628 | 0 | 0 |
| BELLRING BRANDS INC | COMMON STOCK | 07831C103 |  | 501749 | 18771 | SH |  | SOLE |  | 18771 | 0 | 0 |
| BLOOMIN BRANDS INC | COM | 094235108 |  | 502911 | 81509 | SH |  | SOLE |  | 81509 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 294543 | 55 | SH |  | SOLE |  | 55 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 503448 | 5280 | SH |  | SOLE |  | 5280 | 0 | 0 |
| BOYD GAMING CORP | COM | 103304101 |  | 307972 | 3613 | SH |  | SOLE |  | 3613 | 0 | 0 |
| BRIGHTSPRING HEALTH SVCS INC | COM | 10950A106 |  | 3366643 | 89897 | SH |  | SOLE |  | 89897 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 294135 | 5453 | SH |  | SOLE |  | 5453 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 502537 | 1452 | SH |  | SOLE |  | 1452 | 0 | 0 |
| BROOKDALE SR LIVING INC | COM | 112463104 |  | 3394383 | 314586 | SH |  | SOLE |  | 314586 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE CO | COM SUB VTG A | 11276H106 |  | 293693 | 6469 | SH |  | SOLE |  | 6469 | 0 | 0 |
| C3 AI INC | CL A | 12468P104 |  | 503451 | 37348 | SH |  | SOLE |  | 37348 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 502829 | 5496 | SH |  | SOLE |  | 5496 | 0 | 0 |
| CAMTEK LTD | ORD | M20791105 |  | 497695 | 4680 | SH |  | SOLE |  | 4680 | 0 | 0 |
| CAPRI HOLDINGS LIMITED | SHS | G1890L107 |  | 507008 | 20779 | SH |  | SOLE |  | 20779 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 501855 | 1594 | SH |  | SOLE |  | 1594 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 273891 | 649 | SH |  | SOLE |  | 649 | 0 | 0 |
| CASTLE BIOSCIENCES INC | COM | 14843C105 |  | 503833 | 12952 | SH |  | SOLE |  | 12952 | 0 | 0 |
| CECO ENVIRONMENTAL CORP | COM | 125141101 |  | 503339 | 8410 | SH |  | SOLE |  | 8410 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 501559 | 1485 | SH |  | SOLE |  | 1485 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 3670457 | 89197 | SH |  | SOLE |  | 89197 | 0 | 0 |
| CENTRAL GARDEN  PET CO | CL A NON-VTG | 153527205 |  | 309910 | 10617 | SH |  | SOLE |  | 10617 | 0 | 0 |
| CENTRUS ENERGY CORP | CL A | 15643U104 |  | 293254 | 1208 | SH |  | SOLE |  | 1208 | 0 | 0 |
| CHEFS WHSE INC | COM | 163086101 |  | 502878 | 8068 | SH |  | SOLE |  | 8068 | 0 | 0 |
| CHIME FINL INC | COM SHS CL A | 16935C109 |  | 3658636 | 145357 | SH |  | SOLE |  | 145357 | 0 | 0 |
| CLEAR SECURE INC | COM CL A | 18467V109 |  | 3366663 | 95971 | SH |  | SOLE |  | 95971 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 507641 | 38226 | SH |  | SOLE |  | 38226 | 0 | 0 |
| CMB.TECH NV | SHS | B38564108 |  | 509173 | 52764 | SH |  | SOLE |  | 52764 | 0 | 0 |
| COCA COLA CONS INC | COM | 191098102 |  | 273181 | 1782 | SH |  | SOLE |  | 1782 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 297036 | 3759 | SH |  | SOLE |  | 3759 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 293430 | 9817 | SH |  | SOLE |  | 9817 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 501177 | 537 | SH |  | SOLE |  | 537 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 312670 | 17246 | SH |  | SOLE |  | 17246 | 0 | 0 |
| COMPASS MINERALS INTL INC | COM | 20451N101 |  | 505966 | 25762 | SH |  | SOLE |  | 25762 | 0 | 0 |
| COMPOSECURE INC | COM CL A | 20459V105 |  | 3376082 | 175108 | SH |  | SOLE |  | 175108 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 284794 | 19560 | SH |  | SOLE |  | 19560 | 0 | 0 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 282995 | 9380 | SH |  | SOLE |  | 9380 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 500581 | 5717 | SH |  | SOLE |  | 5717 | 0 | 0 |
| CORSAIR GAMING INC | COM | 22041X102 |  | 300736 | 50629 | SH |  | SOLE |  | 50629 | 0 | 0 |
| COSTAMARE INC | SHS | Y1771G102 |  | 256872 | 16268 | SH |  | SOLE |  | 16268 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 293196 | 340 | SH |  | SOLE |  | 340 | 0 | 0 |
| COTY INC | COM CL A | 222070203 |  | 3638503 | 1181332 | SH |  | SOLE |  | 1181332 | 0 | 0 |
| COURSERA INC | COM | 22266M104 |  | 502901 | 68329 | SH |  | SOLE |  | 68329 | 0 | 0 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 |  | 294831 | 2049 | SH |  | SOLE |  | 2049 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 295728 | 8158 | SH |  | SOLE |  | 8158 | 0 | 0 |
| CUSTOM TRUCK ONE SOURCE INC | COM CL A | 23204X103 |  | 295517 | 51305 | SH |  | SOLE |  | 51305 | 0 | 0 |
| DANA INC | COM | 235825205 |  | 312349 | 13146 | SH |  | SOLE |  | 13146 | 0 | 0 |
| DANAOS CORPORATION | SHS | Y1968P121 |  | 238652 | 2534 | SH |  | SOLE |  | 2534 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 501123 | 3685 | SH |  | SOLE |  | 3685 | 0 | 0 |
| DAVE  BUSTERS ENTMT INC | COM | 238337109 |  | 514149 | 31718 | SH |  | SOLE |  | 31718 | 0 | 0 |
| DELEK US HLDGS INC NEW | COM | 24665A103 |  | 3172315 | 106956 | SH |  | SOLE |  | 106956 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 316336 | 2513 | SH |  | SOLE |  | 2513 | 0 | 0 |
| DHT HOLDINGS INC | SHS NEW | Y2065G121 |  | 508901 | 41679 | SH |  | SOLE |  | 41679 | 0 | 0 |
| DIGI INTL INC | COM | 253798102 |  | 500649 | 11565 | SH |  | SOLE |  | 11565 | 0 | 0 |
| DIGITAL TURBINE INC | COM NEW | 25400W102 |  | 3172710 | 634542 | SH |  | SOLE |  | 634542 | 0 | 0 |
| DIVERSIFIED ENERGY CO | COMMON STOCK | 25520W107 |  | 255413 | 17639 | SH |  | SOLE |  | 17639 | 0 | 0 |
| DLOCAL LTD | CLASS A COM | G29018101 |  | 502818 | 35560 | SH |  | SOLE |  | 35560 | 0 | 0 |
| DOLE PLC | ORD SHS | G27907107 |  | 294778 | 19665 | SH |  | SOLE |  | 19665 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 3370966 | 27404 | SH |  | SOLE |  | 27404 | 0 | 0 |
| DUOLINGO INC | CL A COM | 26603R106 |  | 504036 | 2872 | SH |  | SOLE |  | 2872 | 0 | 0 |
| DUTCH BROS INC | CL A | 26701L100 |  | 504759 | 8245 | SH |  | SOLE |  | 8245 | 0 | 0 |
| DYCOM INDS INC | COM | 267475101 |  | 3338790 | 9881 | SH |  | SOLE |  | 9881 | 0 | 0 |
| ELBIT SYS LTD | ORD | M3760D101 |  | 3383647 | 5857 | SH |  | SOLE |  | 5857 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 294539 | 2775 | SH |  | SOLE |  | 2775 | 0 | 0 |
| ENERGY FUELS INC | COM NEW | 292671708 |  | 300484 | 20666 | SH |  | SOLE |  | 20666 | 0 | 0 |
| ENERPAC TOOL GROUP CORP | CL A COM | 292765104 |  | 322899 | 8444 | SH |  | SOLE |  | 8444 | 0 | 0 |
| ENERSYS | COM | 29275Y102 |  | 309349 | 2108 | SH |  | SOLE |  | 2108 | 0 | 0 |
| ENVIRI CORP | COM | 415864107 |  | 3373512 | 188254 | SH |  | SOLE |  | 188254 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 299594 | 2853 | SH |  | SOLE |  | 2853 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 |  | 2913040 | 254192 | SH |  | SOLE |  | 254192 | 0 | 0 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 300100 | 6298 | SH |  | SOLE |  | 6298 | 0 | 0 |
| EVERUS CONSTR GROUP | COM | 300426103 |  | 500013 | 5844 | SH |  | SOLE |  | 5844 | 0 | 0 |
| EXCELERATE ENERGY INC | CL A COM | 30069T101 |  | 319854 | 11403 | SH |  | SOLE |  | 11403 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 503442 | 1777 | SH |  | SOLE |  | 1777 | 0 | 0 |
| EXTREME NETWORKS | COM | 30226D106 |  | 311988 | 18738 | SH |  | SOLE |  | 18738 | 0 | 0 |
| EZCORP INC | CL A NON VTG | 302301106 |  | 500317 | 25763 | SH |  | SOLE |  | 25763 | 0 | 0 |
| FERROGLOBE PLC | SHS | G33856108 |  | 503867 | 108592 | SH |  | SOLE |  | 108592 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 281903 | 5164 | SH |  | SOLE |  | 5164 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 296173 | 138 | SH |  | SOLE |  | 138 | 0 | 0 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 290385 | 12150 | SH |  | SOLE |  | 12150 | 0 | 0 |
| FIRST MERCHANTS CORP | COM | 320817109 |  | 285448 | 7616 | SH |  | SOLE |  | 7616 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 502084 | 1922 | SH |  | SOLE |  | 1922 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 3670236 | 54641 | SH |  | SOLE |  | 54641 | 0 | 0 |
| FLEX LTD | ORD | Y2573F102 |  | 498707 | 8254 | SH |  | SOLE |  | 8254 | 0 | 0 |
| FLUENCE ENERGY INC | COM CL A | 34379V103 |  | 309102 | 15627 | SH |  | SOLE |  | 15627 | 0 | 0 |
| FMC CORP | COM NEW | 302491303 |  | 3692249 | 266204 | SH |  | SOLE |  | 266204 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 296596 | 3735 | SH |  | SOLE |  | 3735 | 0 | 0 |
| FORWARD AIR CORP | COM | 34986A104 |  | 504950 | 20198 | SH |  | SOLE |  | 20198 | 0 | 0 |
| FRANKLIN ELEC INC | COM | 353514102 |  | 306842 | 3212 | SH |  | SOLE |  | 3212 | 0 | 0 |
| FRONTLINE PLC | COM | M46528101 |  | 507511 | 23259 | SH |  | SOLE |  | 23259 | 0 | 0 |
| FULGENT GENETICS INC | COM | 359664109 |  | 505698 | 19250 | SH |  | SOLE |  | 19250 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 505728 | 19755 | SH |  | SOLE |  | 19755 | 0 | 0 |
| GARRETT MOTION INC | COM | 366505105 |  | 3382919 | 194086 | SH |  | SOLE |  | 194086 | 0 | 0 |
| GATX CORP | COM | 361448103 |  | 297478 | 1754 | SH |  | SOLE |  | 1754 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 502595 | 769 | SH |  | SOLE |  | 769 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 808402 | 9941 | SH |  | SOLE |  | 9941 | 0 | 0 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 301214 | 33357 | SH |  | SOLE |  | 33357 | 0 | 0 |
| GLOBAL SHIP LEASE INC NEW | COM CL A | Y27183600 |  | 504646 | 14402 | SH |  | SOLE |  | 14402 | 0 | 0 |
| GLOBANT S A | COM | L44385109 |  | 496093 | 7589 | SH |  | SOLE |  | 7589 | 0 | 0 |
| GOLD COM INC | COM | 00181T107 |  | 505677 | 14851 | SH |  | SOLE |  | 14851 | 0 | 0 |
| GOODRX HLDGS INC | COM CL A | 38246G108 |  | 293666 | 108364 | SH |  | SOLE |  | 108364 | 0 | 0 |
| GRANITE RIDGE RESOURCES INC | COM | 387432107 |  | 295752 | 62926 | SH |  | SOLE |  | 62926 | 0 | 0 |
| GREEN DOT CORP | CL A | 39304D102 |  | 265487 | 20725 | SH |  | SOLE |  | 20725 | 0 | 0 |
| GREEN PLAINS INC | COM | 393222104 |  | 509629 | 52003 | SH |  | SOLE |  | 52003 | 0 | 0 |
| GRIFFON CORP | COM | 398433102 |  | 291065 | 3952 | SH |  | SOLE |  | 3952 | 0 | 0 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 504544 | 6295 | SH |  | SOLE |  | 6295 | 0 | 0 |
| HELIX ENERGY SOLUTIONS GRP I | COM | 42330P107 |  | 296696 | 47320 | SH |  | SOLE |  | 47320 | 0 | 0 |
| HERBALIFE LTD | COM SHS | G4412G101 |  | 3368183 | 261302 | SH |  | SOLE |  | 261302 | 0 | 0 |
| HERITAGE INSURANCE HLDGS INC | COM | 42727J102 |  | 255176 | 8721 | SH |  | SOLE |  | 8721 | 0 | 0 |
| HIGHPEAK ENERGY INC | COM | 43114Q105 |  | 338526 | 71419 | SH |  | SOLE |  | 71419 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 295293 | 1028 | SH |  | SOLE |  | 1028 | 0 | 0 |
| HINGE HEALTH INC | CL A | 433313103 |  | 3690778 | 79457 | SH |  | SOLE |  | 79457 | 0 | 0 |
| HIVE DIGITAL TECHNOLOGIES LT | COM NEW | 433921103 |  | 110744 | 42924 | SH |  | SOLE |  | 42924 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 3657762 | 17841 | SH |  | SOLE |  | 17841 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 293829 | 13188 | SH |  | SOLE |  | 13188 | 0 | 0 |
| IBOTTA INC | CLASS A COM SHS | 451051106 |  | 587389 | 25842 | SH |  | SOLE |  | 25842 | 0 | 0 |
| IHEARTMEDIA INC | COM CL A | 45174J509 |  | 284403 | 68366 | SH |  | SOLE |  | 68366 | 0 | 0 |
| IHS HOLDING LIMITED | ORD SHS | G4701H109 |  | 250455 | 33573 | SH |  | SOLE |  | 33573 | 0 | 0 |
| INGRAM MICRO HLDG CORP | COM | 457152106 |  | 243745 | 11422 | SH |  | SOLE |  | 11422 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 814863 | 10002 | SH |  | SOLE |  | 10002 | 0 | 0 |
| INSPERITY INC | COM | 45778Q107 |  | 811920 | 20969 | SH |  | SOLE |  | 20969 | 0 | 0 |
| INSPIRE MED SYS INC | COM | 457730109 |  | 506158 | 5488 | SH |  | SOLE |  | 5488 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 294188 | 1035 | SH |  | SOLE |  | 1035 | 0 | 0 |
| INTEGRA LIFESCIENCES HLDGS C | COM NEW | 457985208 |  | 500116 | 40267 | SH |  | SOLE |  | 40267 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 500846 | 7788 | SH |  | SOLE |  | 7788 | 0 | 0 |
| INTERDIGITAL INC | COM | 45867G101 |  | 496354 | 1559 | SH |  | SOLE |  | 1559 | 0 | 0 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 563894574 | 15079411 | SH |  | SOLE |  | 15079411 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 57768525 | 84341 | SH |  | SOLE |  | 84341 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 292465732 | 3627257 | SH |  | SOLE |  | 3627257 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 308283 | 1352 | SH |  | SOLE |  | 1352 | 0 | 0 |
| JACKSON FINANCIAL INC | COM CL A | 46817M107 |  | 297873 | 2793 | SH |  | SOLE |  | 2793 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 503710 | 2963 | SH |  | SOLE |  | 2963 | 0 | 0 |
| JFROG LTD | ORD SHS | M6191J100 |  | 490748 | 7857 | SH |  | SOLE |  | 7857 | 0 | 0 |
| KEMPER CORP | COM | 488401100 |  | 290834 | 7174 | SH |  | SOLE |  | 7174 | 0 | 0 |
| KLARNA GROUP PLC | SHS | G5279N105 |  | 2886692 | 99851 | SH |  | SOLE |  | 99851 | 0 | 0 |
| KOHLS CORP | COM | 500255104 |  | 786989 | 38559 | SH |  | SOLE |  | 38559 | 0 | 0 |
| KRISPY KREME INC | COM | 50101L106 |  | 505045 | 125633 | SH |  | SOLE |  | 125633 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 808027 | 12414 | SH |  | SOLE |  | 12414 | 0 | 0 |
| LENDINGCLUB CORP | COM NEW | 52603A208 |  | 504694 | 26647 | SH |  | SOLE |  | 26647 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL A | G61188101 |  | 3365996 | 302154 | SH |  | SOLE |  | 302154 | 0 | 0 |
| LIFE TIME GROUP HOLDINGS INC | COMMON STOCK | 53190C102 |  | 289403 | 10888 | SH |  | SOLE |  | 10888 | 0 | 0 |
| LIGHTSPEED COMMERCE INC | SUB VTG SHS | 53229C107 |  | 267053 | 22107 | SH |  | SOLE |  | 22107 | 0 | 0 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 |  | 310094 | 1294 | SH |  | SOLE |  | 1294 | 0 | 0 |
| LINCOLN NATL CORP IND | COM | 534187109 |  | 505638 | 11355 | SH |  | SOLE |  | 11355 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 291270 | 2044 | SH |  | SOLE |  | 2044 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 309065 | 639 | SH |  | SOLE |  | 639 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 503610 | 1410 | SH |  | SOLE |  | 1410 | 0 | 0 |
| LSB INDS INC | COM | 502160104 |  | 280432 | 32992 | SH |  | SOLE |  | 32992 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 285296 | 1416 | SH |  | SOLE |  | 1416 | 0 | 0 |
| MACOM TECH SOLUTIONS HLDGS I | COM | 55405Y100 |  | 500138 | 2920 | SH |  | SOLE |  | 2920 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 508054 | 23041 | SH |  | SOLE |  | 23041 | 0 | 0 |
| MADDEN STEVEN LTD | COM | 556269108 |  | 502053 | 12057 | SH |  | SOLE |  | 12057 | 0 | 0 |
| MAGNERA CORP | COM SHS | 55939A107 |  | 823767 | 54410 | SH |  | SOLE |  | 54410 | 0 | 0 |
| MANPOWERGROUP INC WIS | COM | 56418H100 |  | 498423 | 16765 | SH |  | SOLE |  | 16765 | 0 | 0 |
| MAREX GROUP PLC | ORD | G5S37H101 |  | 503130 | 13116 | SH |  | SOLE |  | 13116 | 0 | 0 |
| MARQETA INC | CLASS A COM | 57142B104 |  | 287746 | 60578 | SH |  | SOLE |  | 60578 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 288865 | 506 | SH |  | SOLE |  | 506 | 0 | 0 |
| MATIV HOLDINGS INC | COM | 808541106 |  | 288635 | 23756 | SH |  | SOLE |  | 23756 | 0 | 0 |
| MATSON INC | COM | 57686G105 |  | 292814 | 2370 | SH |  | SOLE |  | 2370 | 0 | 0 |
| MCGRAW HILL INC | COM | 580907103 |  | 507722 | 30771 | SH |  | SOLE |  | 30771 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 296125 | 361 | SH |  | SOLE |  | 361 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 283377 | 2950 | SH |  | SOLE |  | 2950 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 502328 | 761 | SH |  | SOLE |  | 761 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 281263 | 3563 | SH |  | SOLE |  | 3563 | 0 | 0 |
| MFA FINL INC | COM | 55272X607 |  | 276358 | 29684 | SH |  | SOLE |  | 29684 | 0 | 0 |
| MGE ENERGY INC | COM | 55277P104 |  | 287880 | 3671 | SH |  | SOLE |  | 3671 | 0 | 0 |
| MGP INGREDIENTS INC NEW | COM | 55303J106 |  | 503909 | 20737 | SH |  | SOLE |  | 20737 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 2870939 | 10059 | SH |  | SOLE |  | 10059 | 0 | 0 |
| MICROVAST HOLDINGS INC | COM | 59516C106 |  | 3219266 | 1149738 | SH |  | SOLE |  | 1149738 | 0 | 0 |
| MKS INC. | COM | 55306N104 |  | 310491 | 1943 | SH |  | SOLE |  | 1943 | 0 | 0 |
| MNTN INC | CL A | 55318A108 |  | 254823 | 21342 | SH |  | SOLE |  | 21342 | 0 | 0 |
| MOBILEYE GLOBAL INC | COMMON CLASS A | 60741F104 |  | 297310 | 28478 | SH |  | SOLE |  | 28478 | 0 | 0 |
| MOHAWK INDS INC | COM | 608190104 |  | 307242 | 2811 | SH |  | SOLE |  | 2811 | 0 | 0 |
| MONDAY COM LTD | SHS | M7S64H106 |  | 507311 | 3438 | SH |  | SOLE |  | 3438 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 305954 | 729 | SH |  | SOLE |  | 729 | 0 | 0 |
| MOOG INC | CL A | 615394202 |  | 298836 | 1227 | SH |  | SOLE |  | 1227 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 3188469 | 63113 | SH |  | SOLE |  | 63113 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 509443 | 9382 | SH |  | SOLE |  | 9382 | 0 | 0 |
| NATIONAL ENERGY SERVICES REU | SHS | G6375R107 |  | 509717 | 32549 | SH |  | SOLE |  | 32549 | 0 | 0 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 290057 | 3623 | SH |  | SOLE |  | 3623 | 0 | 0 |
| NATIONAL VISION HLDGS INC | COM | 63845R107 |  | 2874747 | 111338 | SH |  | SOLE |  | 111338 | 0 | 0 |
| NATURAL GROCERS BY VITAMIN C | COM | 63888U108 |  | 308315 | 12308 | SH |  | SOLE |  | 12308 | 0 | 0 |
| NAVIOS MARITIME PARTNERS L P | COM UNIT LPI | Y62267409 |  | 810253 | 15454 | SH |  | SOLE |  | 15454 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 284645 | 2658 | SH |  | SOLE |  | 2658 | 0 | 0 |
| NETGEAR INC | COM | 64111Q104 |  | 309618 | 12622 | SH |  | SOLE |  | 12622 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 3358355 | 33634 | SH |  | SOLE |  | 33634 | 0 | 0 |
| NEXTPOWER INC | CLASS A COM | 65290E101 |  | 499837 | 5738 | SH |  | SOLE |  | 5738 | 0 | 0 |
| NIOCORP DEVS LTD | COM NEW | 654484609 |  | 3233334 | 610063 | SH |  | SOLE |  | 610063 | 0 | 0 |
| NIQ GLOBAL INTELLIGENCE PLC | ORDINARY SHARES | G63755105 |  | 3365312 | 204082 | SH |  | SOLE |  | 204082 | 0 | 0 |
| NORTHERN LTS FD TR III | CP HIGH YILD TRD | 66538R722 |  | 2610636 | 120200 | SH |  | SOLE |  | 120200 | 0 | 0 |
| NORTHERN LTS FD TR III | COUNTERPOINT QUA | 66538R540 |  | 58991752 | 1471116 | SH |  | SOLE |  | 1471116 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 314756 | 552 | SH |  | SOLE |  | 552 | 0 | 0 |
| NOVOCURE LTD | ORD SHS | G6674U108 |  | 499163 | 38605 | SH |  | SOLE |  | 38605 | 0 | 0 |
| NPK INTERNATIONAL INC | COM SHS | 651718504 |  | 237983 | 19965 | SH |  | SOLE |  | 19965 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 809735 | 5085 | SH |  | SOLE |  | 5085 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 498888 | 2675 | SH |  | SOLE |  | 2675 | 0 | 0 |
| OKEANIS ECO TANKERS COR | SHS | Y64177101 |  | 3390057 | 100179 | SH |  | SOLE |  | 100179 | 0 | 0 |
| OMADA HEALTH INC | COM | 68170A108 |  | 3407170 | 215917 | SH |  | SOLE |  | 215917 | 0 | 0 |
| OPENDOOR TECHNOLOGIES INC | COM | 683712103 |  | 289390 | 49638 | SH |  | SOLE |  | 49638 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 500334 | 2567 | SH |  | SOLE |  | 2567 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 307651 | 3373 | SH |  | SOLE |  | 3373 | 0 | 0 |
| OSCAR HEALTH INC | CL A | 687793109 |  | 505996 | 35212 | SH |  | SOLE |  | 35212 | 0 | 0 |
| PAR PAC HOLDINGS INC | COM NEW | 69888T207 |  | 502502 | 14300 | SH |  | SOLE |  | 14300 | 0 | 0 |
| PAYMENTUS HOLDINGS INC | COM CL A | 70439P108 |  | 318554 | 10084 | SH |  | SOLE |  | 10084 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 285361 | 4888 | SH |  | SOLE |  | 4888 | 0 | 0 |
| PBF ENERGY INC | CL A | 69318G106 |  | 3662963 | 135065 | SH |  | SOLE |  | 135065 | 0 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 506147 | 17042 | SH |  | SOLE |  | 17042 | 0 | 0 |
| PEDIATRIX MEDICAL GROUP INC | COM | 58502B106 |  | 499114 | 23334 | SH |  | SOLE |  | 23334 | 0 | 0 |
| PENN ENTERTAINMENT INC | COM | 707569109 |  | 504775 | 34222 | SH |  | SOLE |  | 34222 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 306172 | 2940 | SH |  | SOLE |  | 2940 | 0 | 0 |
| PERIMETER SOLUTIONS INC | COMMON STOCK | 71385M107 |  | 499146 | 18131 | SH |  | SOLE |  | 18131 | 0 | 0 |
| PERMIAN RESOURCES CORP | CLASS A COM | 71424F105 |  | 506385 | 36093 | SH |  | SOLE |  | 36093 | 0 | 0 |
| PHOTRONICS INC | COM | 719405102 |  | 298528 | 9329 | SH |  | SOLE |  | 9329 | 0 | 0 |
| PHREESIA INC | COM | 71944F106 |  | 506449 | 29932 | SH |  | SOLE |  | 29932 | 0 | 0 |
| POLARIS INC | COM | 731068102 |  | 503470 | 7960 | SH |  | SOLE |  | 7960 | 0 | 0 |
| PRA GROUP INC | COM | 69354N106 |  | 511896 | 28937 | SH |  | SOLE |  | 28937 | 0 | 0 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 508477 | 4096 | SH |  | SOLE |  | 4096 | 0 | 0 |
| PROPETRO HLDG CORP | COM | 74347M108 |  | 836110 | 87919 | SH |  | SOLE |  | 87919 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 3177002 | 38910 | SH |  | SOLE |  | 38910 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 501519 | 2932 | SH |  | SOLE |  | 2932 | 0 | 0 |
| QUANTUM COMPUTING INC | COM | 74766W108 |  | 294524 | 28706 | SH |  | SOLE |  | 28706 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 291828 | 1377 | SH |  | SOLE |  | 1377 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 296993 | 1233 | SH |  | SOLE |  | 1233 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 502270 | 25483 | SH |  | SOLE |  | 25483 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 284560 | 2516 | SH |  | SOLE |  | 2516 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 814919 | 10057 | SH |  | SOLE |  | 10057 | 0 | 0 |
| ROIVANT SCIENCES LTD | SHS | G76279101 |  | 3370748 | 155334 | SH |  | SOLE |  | 155334 | 0 | 0 |
| ROKU INC | COM CL A | 77543R102 |  | 308003 | 2839 | SH |  | SOLE |  | 2839 | 0 | 0 |
| RYDER SYS INC | COM | 783549108 |  | 312157 | 1631 | SH |  | SOLE |  | 1631 | 0 | 0 |
| SALLY BEAUTY HLDGS INC | COM | 79546E104 |  | 502836 | 35262 | SH |  | SOLE |  | 35262 | 0 | 0 |
| SANMINA CORPORATION | COM | 801056102 |  | 495981 | 3305 | SH |  | SOLE |  | 3305 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 297189 | 1940 | SH |  | SOLE |  | 1940 | 0 | 0 |
| SIMPLY GOOD FOODS CO | COM | 82900L102 |  | 292325 | 14558 | SH |  | SOLE |  | 14558 | 0 | 0 |
| SINCLAIR INC | CL A | 829242106 |  | 505283 | 33025 | SH |  | SOLE |  | 33025 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 516068 | 33642 | SH |  | SOLE |  | 33642 | 0 | 0 |
| SKYWEST INC | COM | 830879102 |  | 294804 | 2936 | SH |  | SOLE |  | 2936 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 297139 | 4686 | SH |  | SOLE |  | 4686 | 0 | 0 |
| SLIDE INS HLDGS INC | COM | 831349105 |  | 3694070 | 189634 | SH |  | SOLE |  | 189634 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 313241 | 909 | SH |  | SOLE |  | 909 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 2882721 | 99921 | SH |  | SOLE |  | 99921 | 0 | 0 |
| SOLID POWER INC | CLASS A COM | 83422N105 |  | 2926724 | 688641 | SH |  | SOLE |  | 688641 | 0 | 0 |
| SONIC AUTOMOTIVE INC | CL A | 83545G102 |  | 302062 | 4883 | SH |  | SOLE |  | 4883 | 0 | 0 |
| SONOS INC | COM | 83570H108 |  | 797874 | 45437 | SH |  | SOLE |  | 45437 | 0 | 0 |
| SOUNDHOUND AI INC | CLASS A COM | 836100107 |  | 289309 | 29018 | SH |  | SOLE |  | 29018 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R622 |  | 69217603 | 712042 | SH |  | SOLE |  | 712042 | 0 | 0 |
| SPORTRADAR GROUP AG | CLASS A ORD SHS | H8088L103 |  | 309794 | 13033 | SH |  | SOLE |  | 13033 | 0 | 0 |
| SPROUT SOCIAL INC | COM CL A | 85209W109 |  | 802086 | 71170 | SH |  | SOLE |  | 71170 | 0 | 0 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 502080 | 6302 | SH |  | SOLE |  | 6302 | 0 | 0 |
| SPX TECHNOLOGIES INC | COM | 78473E103 |  | 499750 | 2498 | SH |  | SOLE |  | 2498 | 0 | 0 |
| STITCH FIX INC | COM CL A | 860897107 |  | 325752 | 62048 | SH |  | SOLE |  | 62048 | 0 | 0 |
| STRATASYS LTD | SHS | M85548101 |  | 510835 | 58852 | SH |  | SOLE |  | 58852 | 0 | 0 |
| STRIDE INC | COM | 86333M108 |  | 503922 | 7761 | SH |  | SOLE |  | 7761 | 0 | 0 |
| SUPER GROUP SGHC LIMITED | ORD SHS | G8588X103 |  | 509213 | 42612 | SH |  | SOLE |  | 42612 | 0 | 0 |
| SWEETGREEN INC | COM CL A | 87043Q108 |  | 503458 | 74476 | SH |  | SOLE |  | 74476 | 0 | 0 |
| SYMBOTIC INC | CLASS A COM | 87151X101 |  | 309460 | 5201 | SH |  | SOLE |  | 5201 | 0 | 0 |
| TACTILE SYS TECHNOLOGY INC | COM | 87357P100 |  | 3390970 | 116930 | SH |  | SOLE |  | 116930 | 0 | 0 |
| TALOS ENERGY INC | COM | 87484T108 |  | 800438 | 72635 | SH |  | SOLE |  | 72635 | 0 | 0 |
| TANDEM DIABETES CARE INC | COM NEW | 875372203 |  | 502419 | 22858 | SH |  | SOLE |  | 22858 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 314186 | 2459 | SH |  | SOLE |  | 2459 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 301842 | 1636 | SH |  | SOLE |  | 1636 | 0 | 0 |
| TASKUS INC | CLASS A COM | 87652V109 |  | 571791 | 48498 | SH |  | SOLE |  | 48498 | 0 | 0 |
| TAYLOR MORRISON HOME CORP | COM | 87724P106 |  | 286815 | 4872 | SH |  | SOLE |  | 4872 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 500977 | 2202 | SH |  | SOLE |  | 2202 | 0 | 0 |
| TEEKAY CORPORATION LTD | SHS | G8726T105 |  | 253599 | 28084 | SH |  | SOLE |  | 28084 | 0 | 0 |
| TELADOC HEALTH INC | COM | 87918A105 |  | 808164 | 115452 | SH |  | SOLE |  | 115452 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 498611 | 2576 | SH |  | SOLE |  | 2576 | 0 | 0 |
| TERAWULF INC | COM | 88080T104 |  | 2882301 | 250853 | SH |  | SOLE |  | 250853 | 0 | 0 |
| THE REAL BROKERAGE INC | COM NEW | 75585H206 |  | 514106 | 140851 | SH |  | SOLE |  | 140851 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 501490 | 13211 | SH |  | SOLE |  | 13211 | 0 | 0 |
| TOAST INC | CL A | 888787108 |  | 500158 | 14085 | SH |  | SOLE |  | 14085 | 0 | 0 |
| TOPGOLF CALLAWAY BRANDS CORP | COM | 131193104 |  | 495602 | 42468 | SH |  | SOLE |  | 42468 | 0 | 0 |
| TOWER SEMICONDUCTOR LTD | SHS NEW | M87915274 |  | 2849431 | 24267 | SH |  | SOLE |  | 24267 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 295403 | 759 | SH |  | SOLE |  | 759 | 0 | 0 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 776517 | 186215 | SH |  | SOLE |  | 186215 | 0 | 0 |
| TSAKOS ENERGY NAVIGATION LTD | SHS | G9108L173 |  | 218304 | 9737 | SH |  | SOLE |  | 9737 | 0 | 0 |
| UFP INDUSTRIES INC | COM | 90278Q108 |  | 282710 | 3105 | SH |  | SOLE |  | 3105 | 0 | 0 |
| UNITED NAT FOODS INC | COM | 911163103 |  | 817373 | 24276 | SH |  | SOLE |  | 24276 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 308351 | 381 | SH |  | SOLE |  | 381 | 0 | 0 |
| UNITED STATES ANTIMONY CORP | COM | 911549103 |  | 320944 | 63933 | SH |  | SOLE |  | 63933 | 0 | 0 |
| UNIVERSAL INS HLDGS INC | COM | 91359V107 |  | 245557 | 7265 | SH |  | SOLE |  | 7265 | 0 | 0 |
| UPWORK INC | COM | 91688F104 |  | 506857 | 25573 | SH |  | SOLE |  | 25573 | 0 | 0 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 779092 | 10352 | SH |  | SOLE |  | 10352 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 289455 | 3843 | SH |  | SOLE |  | 3843 | 0 | 0 |
| USA RARE EARTH INC | COM | 91733P107 |  | 783770 | 65863 | SH |  | SOLE |  | 65863 | 0 | 0 |
| USA TODAY CO INC | COM | 36472T109 |  | 253952 | 49311 | SH |  | SOLE |  | 49311 | 0 | 0 |
| UWM HOLDINGS CORPORATION | COM CL A | 91823B109 |  | 284463 | 64946 | SH |  | SOLE |  | 64946 | 0 | 0 |
| VANECK ETF TRUST | HIGH YLD MUNIETF | 92189H409 |  | 22585838 | 441820 | SH |  | SOLE |  | 441820 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 2851000 | 228996 | SH |  | SOLE |  | 228996 | 0 | 0 |
| VIAVI SOLUTIONS INC | COM | 925550105 |  | 497552 | 27921 | SH |  | SOLE |  | 27921 | 0 | 0 |
| VICTORIAS SECRET AND CO | COMMON STOCK | 926400102 |  | 302810 | 5590 | SH |  | SOLE |  | 5590 | 0 | 0 |
| VICTORY CAP HLDGS INC | COM CL A | 92645B103 |  | 301886 | 4785 | SH |  | SOLE |  | 4785 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 290071 | 1798 | SH |  | SOLE |  | 1798 | 0 | 0 |
| VTEX | SHS CL A | G9470A102 |  | 299766 | 79725 | SH |  | SOLE |  | 79725 | 0 | 0 |
| WARRIOR MET COAL INC | COM | 93627C101 |  | 507947 | 5761 | SH |  | SOLE |  | 5761 | 0 | 0 |
| WATERBRIDGE INFRASTRUCTURE L | CL A SHS REPSTG | 940923105 |  | 503692 | 25172 | SH |  | SOLE |  | 25172 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 290877 | 3121 | SH |  | SOLE |  | 3121 | 0 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 497598 | 2034 | SH |  | SOLE |  | 2034 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 279766 | 1624 | SH |  | SOLE |  | 1624 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 300911 | 5006 | SH |  | SOLE |  | 5006 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 |  | 501597 | 12379 | SH |  | SOLE |  | 12379 | 0 | 0 |
| WOODWARD INC | COM | 980745103 |  | 505781 | 1673 | SH |  | SOLE |  | 1673 | 0 | 0 |
| WORTHINGTON ENTERPRISES INC | COM | 981811102 |  | 291731 | 5657 | SH |  | SOLE |  | 5657 | 0 | 0 |
| WSFS FINL CORP | COM | 929328102 |  | 283160 | 5126 | SH |  | SOLE |  | 5126 | 0 | 0 |
| XPLR INFRASTRUCTURE LP | COM UNIT PART IN | 65341B106 |  | 835110 | 83511 | SH |  | SOLE |  | 83511 | 0 | 0 |
| ZIM INTEGRATED SHIPPING SERV | SHS | M9T951109 |  | 3721003 | 175271 | SH |  | SOLE |  | 175271 | 0 | 0 |

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