# EDGAR Filing Document

**Accession Number:** 0001698461
**File Stem:** 0001698461-23-000002
**Filing Date:** 2023-1
**Character Count:** 37138
**Document Hash:** 18898742d5b62d61569557df277df869
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001698461-23-000002.hdr.sgml**: 20230119

**ACCESSION NUMBER**: 0001698461-23-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230119

**DATE AS OF CHANGE**: 20230119

**EFFECTIVENESS DATE**: 20230119

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Counterpoint Mutual Funds LLC
- **CENTRAL INDEX KEY:** 0001698461
- **IRS NUMBER:** 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:** 23537058

**BUSINESS ADDRESS:**
- **STREET 1:** 12760 HIGH BLUFF DRIVE #280
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92130
- **BUSINESS PHONE:** 8583149300

**MAIL ADDRESS:**
- **STREET 1:** 12760 HIGH BLUFF DRIVE #280
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92130

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** 12760 HIGH BLUFF DRIVE #280<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  01-19-2023<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:** 303

**Form 13F Information Table Value Total:** $94851083

      (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 |
| ACCO Brands Corporation | COM | 00081T108 | BBG000J06K07 | 147649 | 26413 | SH |  | SOLE |  | 26413 | 0 | 0 |
| AES Corporation (The) | COM | 00130H105 | BBG000C23KJ3 | 148977 | 5180 | SH |  | SOLE |  | 5180 | 0 | 0 |
| AbCellera Biologics Inc. | COM | 00288U106 | BBG00LLW2MF2 | 158281 | 15625 | SH |  | SOLE |  | 15625 | 0 | 0 |
| Agilysys Inc. | COM | 00847J105 | BBG000BR74W6 | 149021 | 1883 | SH |  | SOLE |  | 1883 | 0 | 0 |
| Air Lease Corporation | CL A | 00912X302 | BBG000R3NPZ4 | 150530 | 3918 | SH |  | SOLE |  | 3918 | 0 | 0 |
| Air Transport Services Group Inc. | COM | 00922R105 | BBG000BLW5F7 | 97061 | 3736 | SH |  | SOLE |  | 3736 | 0 | 0 |
| Altice USA Inc. | CL A | 02156K103 | BBG00GFMPRK0 | 156050 | 33924 | SH |  | SOLE |  | 33924 | 0 | 0 |
| America Movil S.A.B. de C.V. | SPON ADR L SHS | 02364W105 | BBG000CYPVX9 | 104231 | 5727 | SH |  | SOLE |  | 5727 | 0 | 0 |
| Ameriprise Financial Inc. | COM | 03076C106 | BBG000G3QLY3 | 241934 | 777 | SH |  | SOLE |  | 777 | 0 | 0 |
| Ameris Bancorp | COM | 03076K108 | BBG000CDY3H5 | 113183 | 2401 | SH |  | SOLE |  | 2401 | 0 | 0 |
| ArcBest Corporation | COM | 03937C105 | BBG000C1PFY5 | 80686 | 1152 | SH |  | SOLE |  | 1152 | 0 | 0 |
| Atlantic Union Bankshares Corporation | COM | 04911A107 | BBG000BKS4S3 | 128261 | 3650 | SH |  | SOLE |  | 3650 | 0 | 0 |
| Avanos Medical Inc. | COM | 05350V106 | BBG005L86G05 | 132756 | 4906 | SH |  | SOLE |  | 4906 | 0 | 0 |
| Avid Technology Inc. | COM | 05367P100 | BBG000BHHQ76 | 108461 | 4079 | SH |  | SOLE |  | 4079 | 0 | 0 |
| BGC Partners Inc. | CL A | 05541T101 | BBG000C4MWH4 | 147113 | 39022 | SH |  | SOLE |  | 39022 | 0 | 0 |
| Bancorp Inc. (The) | COM | 05969A105 | BBG000Q50XK4 | 93427 | 3292 | SH |  | SOLE |  | 3292 | 0 | 0 |
| Bandwidth Inc. | COM CL A | 05988J103 | BBG001K003W2 | 240401 | 10475 | SH |  | SOLE |  | 10475 | 0 | 0 |
| Booking Holdings Inc. | COM | 09857L108 | BBG000BLBVN4 | 118902 | 59 | SH |  | SOLE |  | 59 | 0 | 0 |
| CNO Financial Group Inc. | COM | 12621E103 | BBG000Q1GK24 | 270773 | 11850 | SH |  | SOLE |  | 11850 | 0 | 0 |
| Box Inc. | CL A | 10316T104 | BBG000PMSK08 | 283594 | 9110 | SH |  | SOLE |  | 9110 | 0 | 0 |
| Brighthouse Financial Inc. | COM | 10922N103 | BBG00DYPZ4T0 | 117818 | 2298 | SH |  | SOLE |  | 2298 | 0 | 0 |
| BrightView Holdings Inc. | COM | 10948C107 | BBG00L1LT6D6 | 121278 | 17602 | SH |  | SOLE |  | 17602 | 0 | 0 |
| BrightSpire Capital Inc. | COM CL A | 10949T109 | BBG00JVRRQF1 | 144287 | 23160 | SH |  | SOLE |  | 23160 | 0 | 0 |
| Brinker International Inc. | COM | 109641100 | BBG000BK28N7 | 142957 | 4480 | SH |  | SOLE |  | 4480 | 0 | 0 |
| Builders FirstSource Inc. | COM | 12008R107 | BBG000BKD3K9 | 238888 | 3682 | SH |  | SOLE |  | 3682 | 0 | 0 |
| Bumble Inc. | COM CL A | 12047B105 | BBG00Z6RF483 | 91778 | 4360 | SH |  | SOLE |  | 4360 | 0 | 0 |
| CDW Corporation/DE | COM | 12514G108 | BBG001P63B80 | 120363 | 674 | SH |  | SOLE |  | 674 | 0 | 0 |
| CSG Systems International Inc. | COM | 126349109 | BBG000G3TQV2 | 133619 | 2336 | SH |  | SOLE |  | 2336 | 0 | 0 |
| Cadence Design Systems Inc. | COM | 127387108 | BBG000C13CD9 | 130600 | 813 | SH |  | SOLE |  | 813 | 0 | 0 |
| Caesars Entertainment Inc. | COM | 12769G100 | BBG0074Q3NK6 | 151715 | 3647 | SH |  | SOLE |  | 3647 | 0 | 0 |
| Calix Inc. | COM | 13100M509 | BBG000PXJB68 | 150888 | 2205 | SH |  | SOLE |  | 2205 | 0 | 0 |
| Canadian Solar Inc. | COM | 136635109 | BBG000K1J931 | 99560 | 3222 | SH |  | SOLE |  | 3222 | 0 | 0 |
| Capital One Financial Corporation | COM | 14040H105 | BBG000BGKTF9 | 151990 | 1635 | SH |  | SOLE |  | 1635 | 0 | 0 |
| Cardiovascular Systems Inc. | COM | 141619106 | BBG000NWQ9S5 | 102708 | 7541 | SH |  | SOLE |  | 7541 | 0 | 0 |
| Celestica Inc. | SUB VTG SHS | 15101Q108 | BBG000BPS2C3 | 152754 | 13554 | SH |  | SOLE |  | 13554 | 0 | 0 |
| Chegg Inc. | COM | 163092109 | BBG0014XR0N5 | 145606 | 5762 | SH |  | SOLE |  | 5762 | 0 | 0 |
| Chimera Investment Corporation | COM NEW | 16934Q208 | BBG000PFLGY2 | 91064 | 16557 | SH |  | SOLE |  | 16557 | 0 | 0 |
| Chuy's Holdings Inc. | COM | 171604101 | BBG001YR4194 | 149084 | 5268 | SH |  | SOLE |  | 5268 | 0 | 0 |
| Cirrus Logic Inc. | COM | 172755100 | BBG000C1DHF5 | 150003 | 2014 | SH |  | SOLE |  | 2014 | 0 | 0 |
| Clean Energy Fuels Corporation | COM | 184499101 | BBG000J5J943 | 150186 | 28882 | SH |  | SOLE |  | 28882 | 0 | 0 |
| Cogent Communications Holdings Inc. | COM NEW | 19239V302 | BBG000D0SMY8 | 138533 | 2427 | SH |  | SOLE |  | 2427 | 0 | 0 |
| Cognex Corporation | COM | 192422103 | BBG000BPBVW5 | 149763 | 3179 | SH |  | SOLE |  | 3179 | 0 | 0 |
| Controladora Vuela Cia de Aviacion S.A.B. de C.V. | SPON ADR RP 10 | 21240E105 | BBG004NZ9HL8 | 152177 | 18203 | SH |  | SOLE |  | 18203 | 0 | 0 |
| Equitable Holdings Inc. | COM | 29452E101 | BBG00J7CBVW8 | 149843 | 5221 | SH |  | SOLE |  | 5221 | 0 | 0 |
| CommScope Holding Company Inc. | COM | 20337X109 | BBG004LTL7L2 | 156856 | 21341 | SH |  | SOLE |  | 21341 | 0 | 0 |
| Community Health Systems Inc. | COM | 203668108 | BBG000BDY3Y7 | 164635 | 38110 | SH |  | SOLE |  | 38110 | 0 | 0 |
| CommVault Systems Inc. | COM | 204166102 | BBG000BG88X9 | 133346 | 2122 | SH |  | SOLE |  | 2122 | 0 | 0 |
| Cia Brasileira de Distribuicao | SPONSORED ADR | 20440T300 | BBG000J7LRY3 | 146016 | 47102 | SH |  | SOLE |  | 47102 | 0 | 0 |
| Conduent Inc. | COM | 206787103 | BBG00C1BZMT9 | 122946 | 30357 | SH |  | SOLE |  | 30357 | 0 | 0 |
| Constellation Energy Corporation | COM | 21037T109 | BBG014KFRNP7 | 93883 | 1089 | SH |  | SOLE |  | 1089 | 0 | 0 |
| A10 Networks Inc. | COM | 002121101 | BBG0060K22C1 | 112901 | 6789 | SH |  | SOLE |  | 6789 | 0 | 0 |
| Altair Engineering Inc. | COM CL A | 021369103 | BBG000PN9NB9 | 122724 | 2699 | SH |  | SOLE |  | 2699 | 0 | 0 |
| Cracker Barrel Old Country Store Inc. | COM | 22410J106 | BBG000BF33K1 | 126573 | 1336 | SH |  | SOLE |  | 1336 | 0 | 0 |
| Crescent Point Energy Corporation | COM | 22576C101 | BBG000Q16PK4 | 118969 | 16639 | SH |  | SOLE |  | 16639 | 0 | 0 |
| Cross Country Healthcare Inc. | COM | 227483104 | BBG000DGM5N8 | 145258 | 5467 | SH |  | SOLE |  | 5467 | 0 | 0 |
| Ambac Financial Group Inc. | COM NEW | 023139884 | BBG004HQHKK0 | 252235 | 14463 | SH |  | SOLE |  | 14463 | 0 | 0 |
| DXC Technology Company | COM | 23355L106 | BBG00FN64XT9 | 121264 | 4576 | SH |  | SOLE |  | 4576 | 0 | 0 |
| Amedisys Inc. | COM | 023436108 | BBG000B9ZV28 | 107432 | 1286 | SH |  | SOLE |  | 1286 | 0 | 0 |
| Dana Inc. | COM | 235825205 | BBG000TCD088 | 113248 | 7485 | SH |  | SOLE |  | 7485 | 0 | 0 |
| Darden Restaurants Inc. | COM | 237194105 | BBG000BBNYF6 | 96693 | 699 | SH |  | SOLE |  | 699 | 0 | 0 |
| Dave  Buster's Entertainment Inc. | COM | 238337109 | BBG001WWJTK5 | 149202 | 4210 | SH |  | SOLE |  | 4210 | 0 | 0 |
| American Axle  Manufacturing Holdings Inc. | COM | 024061103 | BBG000BPYZV2 | 154109 | 19707 | SH |  | SOLE |  | 19707 | 0 | 0 |
| Delek US Holdings Inc. | COM | 24665A103 | BBG00FZYFVC5 | 131922 | 4886 | SH |  | SOLE |  | 4886 | 0 | 0 |
| Dell Technologies Inc. | CL C | 24703L202 | BBG00DW3SZS1 | 86714 | 2156 | SH |  | SOLE |  | 2156 | 0 | 0 |
| Denbury Inc. | COM | 24790A101 | BBG00XJDVWJ3 | 109732 | 1261 | SH |  | SOLE |  | 1261 | 0 | 0 |
| Denny's Corporation | COM | 24869P104 | BBG000BC09P3 | 151919 | 16495 | SH |  | SOLE |  | 16495 | 0 | 0 |
| Designer Brands Inc. | CL A | 250565108 | BBG000CF8227 | 154377 | 15785 | SH |  | SOLE |  | 15785 | 0 | 0 |
| Diamond Offshore Drilling Inc. | COM | 25271C201 | BBG010JCFCD4 | 294330 | 28301 | SH |  | SOLE |  | 28301 | 0 | 0 |
| Donnelley Financial Solutions Inc. | COM | 25787G100 | BBG009R0CT58 | 139179 | 3601 | SH |  | SOLE |  | 3601 | 0 | 0 |
| Dropbox Inc. | CL A | 26210C104 | BBG0018SLDN0 | 125955 | 5628 | SH |  | SOLE |  | 5628 | 0 | 0 |
| Dun  Bradstreet Holdings Inc. | COM | 26484T106 | BBG00VCZX9Z6 | 103389 | 8433 | SH |  | SOLE |  | 8433 | 0 | 0 |
| Dynatrace Inc. | COM NEW | 268150109 | BBG00PNN7C40 | 150864 | 3939 | SH |  | SOLE |  | 3939 | 0 | 0 |
| eBay Inc. | COM | 278642103 | BBG000C43RR5 | 131875 | 3180 | SH |  | SOLE |  | 3180 | 0 | 0 |
| Ecovyst Inc. | COM | 27923Q109 | BBG00GX8YK99 | 147386 | 16635 | SH |  | SOLE |  | 16635 | 0 | 0 |
| Element Solutions Inc. | COM | 28618M106 | BBG005C4XHR3 | 94533 | 5197 | SH |  | SOLE |  | 5197 | 0 | 0 |
| Embraer S.A. | SPONSORED ADS | 29082A107 | BBG000BG3TV0 | 123203 | 11272 | SH |  | SOLE |  | 11272 | 0 | 0 |
| Encompass Health Corporation | COM | 29261A100 | BBG000BGBRG2 | 140015 | 2341 | SH |  | SOLE |  | 2341 | 0 | 0 |
| Ensign Group Inc. (The) | COM | 29358P101 | BBG000K1T9L0 | 116465 | 1231 | SH |  | SOLE |  | 1231 | 0 | 0 |
| Equitrans Midstream Corporation | COM | 294600101 | BBG00K53L394 | 114992 | 17163 | SH |  | SOLE |  | 17163 | 0 | 0 |
| Etsy Inc. | COM | 29786A106 | BBG000N7MXL8 | 232014 | 1937 | SH |  | SOLE |  | 1937 | 0 | 0 |
| Euronet Worldwide Inc. | COM | 298736109 | BBG000BMNBY1 | 114955 | 1218 | SH |  | SOLE |  | 1218 | 0 | 0 |
| Evercore Inc. | CLASS A | 29977A105 | BBG000BP30Y0 | 131660 | 1207 | SH |  | SOLE |  | 1207 | 0 | 0 |
| Fortinet Inc. | COM | 34959E109 | BBG000BCMBG4 | 149359 | 3055 | SH |  | SOLE |  | 3055 | 0 | 0 |
| Everi Holdings Inc. | COM | 30034T103 | BBG000H1B407 | 257037 | 17912 | SH |  | SOLE |  | 17912 | 0 | 0 |
| EVERTEC Inc. | COM | 30040P103 | BBG000J187K0 | 126865 | 3918 | SH |  | SOLE |  | 3918 | 0 | 0 |
| Evoqua Water Technologies Corporation | COM | 30057T105 | BBG00DPDYDN4 | 146362 | 3696 | SH |  | SOLE |  | 3696 | 0 | 0 |
| Extreme Networks Inc. | COM | 30226D106 | BBG000BFR0T2 | 235247 | 12848 | SH |  | SOLE |  | 12848 | 0 | 0 |
| FedEx Corporation | COM | 31428X106 | BBG000BJF1Z8 | 98551 | 569 | SH |  | SOLE |  | 569 | 0 | 0 |
| Fidelity National Financial Inc. | FNF GROUP COM | 31620R303 | BBG006N7S6K9 | 149502 | 3974 | SH |  | SOLE |  | 3974 | 0 | 0 |
| Amkor Technology Inc. | COM | 031652100 | BBG000BCKGW7 | 237666 | 9911 | SH |  | SOLE |  | 9911 | 0 | 0 |
| Fifth Third Bancorp | COM | 316773100 | BBG000BJL3N0 | 147875 | 4507 | SH |  | SOLE |  | 4507 | 0 | 0 |
| FinVolution Group | SPONSORED ADS | 31810T101 | BBG00HZ6P0P5 | 146424 | 29521 | SH |  | SOLE |  | 29521 | 0 | 0 |
| First BanCorporation | COM NEW | 318672706 | BBG000CYKKX8 | 96876 | 7616 | SH |  | SOLE |  | 7616 | 0 | 0 |
| First Financial Bancorp | COM | 320209109 | BBG000BJGW43 | 109713 | 4528 | SH |  | SOLE |  | 4528 | 0 | 0 |
| Ford Motor Company | COM | 345370860 | BBG000BQPC32 | 106042 | 9118 | SH |  | SOLE |  | 9118 | 0 | 0 |
| Franklin Covey Company | COM | 353469109 | BBG000FCZM90 | 147700 | 3158 | SH |  | SOLE |  | 3158 | 0 | 0 |
| Frontier Communications Parent Inc. | COM | 35909D109 | BBG010MVVVW7 | 91244 | 3581 | SH |  | SOLE |  | 3581 | 0 | 0 |
| Fulgent Genetics Inc. | COM | 359664109 | BBG00DR7LTG2 | 150508 | 5054 | SH |  | SOLE |  | 5054 | 0 | 0 |
| Futu Holdings Ltd. | SPON ADS CL A | 36118L106 | BBG00MYXW4R8 | 102966 | 2533 | SH |  | SOLE |  | 2533 | 0 | 0 |
| GDS Holdings Ltd. | SPONSORED ADS | 36165L108 | BBG00DYK7TL5 | 153186 | 7429 | SH |  | SOLE |  | 7429 | 0 | 0 |
| Gartner Inc. | COM | 366651107 | BBG000BB65D0 | 94119 | 280 | SH |  | SOLE |  | 280 | 0 | 0 |
| General Motors Company | COM | 37045V100 | BBG000NDYB67 | 116428 | 3461 | SH |  | SOLE |  | 3461 | 0 | 0 |
| Genworth Financial Inc. | COM CL A | 37247D106 | BBG000J5Q6L2 | 148120 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| Global Partners L.P. | COM UNITS | 37946R109 | BBG000GJQQ22 | 145756 | 4192 | SH |  | SOLE |  | 4192 | 0 | 0 |
| GoDaddy Inc. | CL A | 380237107 | BBG006MDLY05 | 128092 | 1712 | SH |  | SOLE |  | 1712 | 0 | 0 |
| Applied Materials Inc. | COM | 038222105 | BBG000BBPFB9 | 151815 | 1559 | SH |  | SOLE |  | 1559 | 0 | 0 |
| Goodyear Tire  Rubber Company (The) | COM | 382550101 | BBG000BKNX95 | 154077 | 15180 | SH |  | SOLE |  | 15180 | 0 | 0 |
| Green Dot Corporation | CL A | 39304D102 | BBG000QDJT53 | 94825 | 5994 | SH |  | SOLE |  | 5994 | 0 | 0 |
| Griffon Corporation | COM | 398433102 | BBG000D7FT63 | 250136 | 6989 | SH |  | SOLE |  | 6989 | 0 | 0 |
| Grupo Financiero Galicia S.A. | SPONSORED ADR | 399909100 | BBG000F646H3 | 147633 | 15173 | SH |  | SOLE |  | 15173 | 0 | 0 |
| IMAX Corporation | COM | 45245E109 | BBG000K8KKL9 | 151790 | 10354 | SH |  | SOLE |  | 10354 | 0 | 0 |
| H Equipment Services Inc. | COM | 404030108 | BBG000K1XFJ4 | 148231 | 3265 | SH |  | SOLE |  | 3265 | 0 | 0 |
| HP Inc. | COM | 40434L105 | BBG000KHWT55 | 104820 | 3901 | SH |  | SOLE |  | 3901 | 0 | 0 |
| Hawaiian Electric Industries Inc. | COM | 419870100 | BBG000BL0P40 | 133585 | 3192 | SH |  | SOLE |  | 3192 | 0 | 0 |
| Heartland Express Inc. | COM | 422347104 | BBG000BLJLJ3 | 87131 | 5680 | SH |  | SOLE |  | 5680 | 0 | 0 |
| Hello Group Inc. | ADS | 423403104 | BBG007HTCQT0 | 153378 | 17080 | SH |  | SOLE |  | 17080 | 0 | 0 |
| Hewlett Packard Enterprise Company | COM | 42824C109 | BBG0078W3NQ3 | 98569 | 6176 | SH |  | SOLE |  | 6176 | 0 | 0 |
| Hibbett Inc. | COM | 428567101 | BBG000H001V3 | 288775 | 4233 | SH |  | SOLE |  | 4233 | 0 | 0 |
| Himax Technologies Inc. | SPONSORED ADR | 43289P106 | BBG000R01RJ8 | 98932 | 15931 | SH |  | SOLE |  | 15931 | 0 | 0 |
| Howmet Aerospace Inc. | COM | 443201108 | BBG00DYNJGH9 | 96791 | 2456 | SH |  | SOLE |  | 2456 | 0 | 0 |
| Hudbay Minerals Inc. | COM | 443628102 | BBG000PM99H6 | 112194 | 22129 | SH |  | SOLE |  | 22129 | 0 | 0 |
| Crescent Energy Company | CL A COM | 44952J104 | BBG013THLHZ4 | 115991 | 9674 | SH |  | SOLE |  | 9674 | 0 | 0 |
| Insight Enterprises Inc. | COM | 45765U103 | BBG000DY3K39 | 133760 | 1334 | SH |  | SOLE |  | 1334 | 0 | 0 |
| Interactive Brokers Group Inc. | COM CL A | 45841N107 | BBG000LV0836 | 146075 | 2019 | SH |  | SOLE |  | 2019 | 0 | 0 |
| Invesco Senior Loan ETF | SR LN ETF | 46138G508 | BBG001K94N28 | 27257825 | 1327707 | SH |  | SOLE |  | 1327707 | 0 | 0 |
| Iridium Communications Inc. | COM | 46269C102 | BBG000VC0FC1 | 130196 | 2533 | SH |  | SOLE |  | 2533 | 0 | 0 |
| iShares iBoxx High Yield Corporate Bond ETF | IBOXX HI YD ETF | 464288513 | BBG000R2T3H9 | 1455444 | 19767 | SH |  | SOLE |  | 19767 | 0 | 0 |
| iShares 3-7 Year Treasury Bond ETF | 3 7 YR TREAS BD | 464288661 | BBG000QN0RR1 | 4350425 | 37866 | SH |  | SOLE |  | 37866 | 0 | 0 |
| JOYY Inc. | ADS REPSTG COM A | 46591M109 | BBG003H0XV18 | 145567 | 4608 | SH |  | SOLE |  | 4608 | 0 | 0 |
| Jabil Inc. | COM | 466313103 | BBG000BJNGN9 | 113894 | 1670 | SH |  | SOLE |  | 1670 | 0 | 0 |
| Jackson Financial Inc. | COM CL A | 46817M107 | BBG00922Y5Z6 | 236781 | 6806 | SH |  | SOLE |  | 6806 | 0 | 0 |
| Janus International Group Inc. | COMMON STOCK | 47103N106 | BBG0100SH2C0 | 150349 | 15793 | SH |  | SOLE |  | 15793 | 0 | 0 |
| Atkore International Group Inc. | COM | 047649108 | BBG000QTFDQ4 | 145972 | 1287 | SH |  | SOLE |  | 1287 | 0 | 0 |
| JetBlue Airways Corporation | COM | 477143101 | BBG000BRQ6L2 | 152734 | 23570 | SH |  | SOLE |  | 23570 | 0 | 0 |
| JinkoSolar Holding Company Ltd. | SPONSORED ADR | 47759T100 | BBG000Q72QF9 | 148885 | 3642 | SH |  | SOLE |  | 3642 | 0 | 0 |
| Jones Lang LaSalle Inc. | COM | 48020Q107 | BBG000C2L2L0 | 105344 | 661 | SH |  | SOLE |  | 661 | 0 | 0 |
| KLA Corporation | COM NEW | 482480100 | BBG000BMTFR4 | 150812 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| Kimball Electronics Inc. | COM | 49428J109 | BBG0018DT0K6 | 149433 | 6615 | SH |  | SOLE |  | 6615 | 0 | 0 |
| Atlassian Corp plc | CL A | 049468101 | BBG01BGWHFR5 | 78109 | 607 | SH |  | SOLE |  | 607 | 0 | 0 |
| Kinross Gold Corporation | COM | 496902404 | BBG000BB2DM7 | 101465 | 24808 | SH |  | SOLE |  | 24808 | 0 | 0 |
| Korn Ferry | COM NEW | 500643200 | BBG000C5QMB5 | 121640 | 2403 | SH |  | SOLE |  | 2403 | 0 | 0 |
| Krispy Kreme Inc. | COM | 50101L106 | BBG0118Y86T0 | 67028 | 6495 | SH |  | SOLE |  | 6495 | 0 | 0 |
| Kulicke  Soffa Industries Inc. | COM | 501242101 | BBG000BMTX31 | 98036 | 2215 | SH |  | SOLE |  | 2215 | 0 | 0 |
| Kyndryl Holdings Inc. | COMMON STOCK | 50155Q100 | BBG012W99DN6 | 259863 | 23369 | SH |  | SOLE |  | 23369 | 0 | 0 |
| Laboratory Corp of America Holdings | COM NEW | 50540R409 | BBG000D9DMK0 | 136578 | 580 | SH |  | SOLE |  | 580 | 0 | 0 |
| Ladder Capital Corporation | CL A | 505743104 | BBG005RVGZ41 | 102177 | 10177 | SH |  | SOLE |  | 10177 | 0 | 0 |
| Lam Research Corporation | COM | 512807108 | BBG000BNFLM9 | 153830 | 366 | SH |  | SOLE |  | 366 | 0 | 0 |
| Lattice Semiconductor Corporation | COM | 518415104 | BBG000C2D1C1 | 151560 | 2336 | SH |  | SOLE |  | 2336 | 0 | 0 |
| Autodesk Inc. | COM | 052769106 | BBG000BM7HL0 | 243118 | 1301 | SH |  | SOLE |  | 1301 | 0 | 0 |
| Lincoln National Corporation | COM | 534187109 | BBG000BNC3Y9 | 153293 | 4990 | SH |  | SOLE |  | 4990 | 0 | 0 |
| Avis Budget Group Inc. | COM | 053774105 | BBG000FLPRH1 | 264091 | 1611 | SH |  | SOLE |  | 1611 | 0 | 0 |
| Avnet Inc. | COM | 053807103 | BBG000BCPB71 | 130104 | 3129 | SH |  | SOLE |  | 3129 | 0 | 0 |
| LiveRamp Holdings Inc. | COM | 53815P108 | BBG000BB4HM6 | 150063 | 6402 | SH |  | SOLE |  | 6402 | 0 | 0 |
| Axcelis Technologies Inc. | COM NEW | 054540208 | BBG000DW34S2 | 150863 | 1901 | SH |  | SOLE |  | 1901 | 0 | 0 |
| MBIA Inc. | COM | 55262C100 | BBG000BNQN34 | 152041 | 11832 | SH |  | SOLE |  | 11832 | 0 | 0 |
| MGIC Investment Corporation | COM | 552848103 | BBG000CBMH27 | 148434 | 11418 | SH |  | SOLE |  | 11418 | 0 | 0 |
| BP plc | SPONSORED ADR | 055622104 | BBG000BT4FC2 | 103393 | 2960 | SH |  | SOLE |  | 2960 | 0 | 0 |
| Magna International Inc. | COM | 559222401 | BBG000BNLPJ7 | 127866 | 2276 | SH |  | SOLE |  | 2276 | 0 | 0 |
| Magnite Inc. | COM | 55955D100 | BBG000PBDRC0 | 155842 | 14716 | SH |  | SOLE |  | 14716 | 0 | 0 |
| Manhattan Associates Inc. | COM | 562750109 | BBG000BFV758 | 274850 | 2264 | SH |  | SOLE |  | 2264 | 0 | 0 |
| ManpowerGroup Inc. | COM | 56418H100 | BBG000BNMHS4 | 118408 | 1423 | SH |  | SOLE |  | 1423 | 0 | 0 |
| Marathon Petroleum Corporation | COM | 56585A102 | BBG001DCCGR8 | 118951 | 1022 | SH |  | SOLE |  | 1022 | 0 | 0 |
| McKesson Corporation | COM | 58155Q103 | BBG000DYGNW7 | 122664 | 327 | SH |  | SOLE |  | 327 | 0 | 0 |
| Melco Resorts  Entertainment Ltd. | ADR | 585464100 | BBG000BHP8J4 | 148868 | 12945 | SH |  | SOLE |  | 12945 | 0 | 0 |
| MercadoLibre Inc. | COM | 58733R102 | BBG000GQPB11 | 145553 | 172 | SH |  | SOLE |  | 172 | 0 | 0 |
| Mercury General Corporation | COM | 589400100 | BBG000F1C7F5 | 153900 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| Pathward Financial Inc. | COM | 59100U108 | BBG000BKLTP8 | 105559 | 2452 | SH |  | SOLE |  | 2452 | 0 | 0 |
| Banco de Chile | SPONSORED ADS | 059520106 | BBG000D5HVG9 | 134060 | 6439 | SH |  | SOLE |  | 6439 | 0 | 0 |
| Modine Manufacturing Company | COM | 607828100 | BBG000BP7CL4 | 147739 | 7439 | SH |  | SOLE |  | 7439 | 0 | 0 |
| Mr Cooper Group Inc. | COM | 62482R107 | BBG002V098F7 | 148160 | 3692 | SH |  | SOLE |  | 3692 | 0 | 0 |
| NMI Holdings Inc. | CL A | 629209305 | BBG005DLMMZ6 | 148139 | 7088 | SH |  | SOLE |  | 7088 | 0 | 0 |
| NRG Energy Inc. | COM NEW | 629377508 | BBG000D8RG11 | 99087 | 3114 | SH |  | SOLE |  | 3114 | 0 | 0 |
| Nelnet Inc. | CL A | 64031N108 | BBG000PYJY93 | 107993 | 1190 | SH |  | SOLE |  | 1190 | 0 | 0 |
| Bank of New York Mellon Corporation (The) | COM | 064058100 | BBG000BD8PN9 | 106244 | 2334 | SH |  | SOLE |  | 2334 | 0 | 0 |
| NetApp Inc. | COM | 64110D104 | BBG000FP1N32 | 121021 | 2015 | SH |  | SOLE |  | 2015 | 0 | 0 |
| NETGEAR Inc. | COM | 64111Q104 | BBG000C4GBR6 | 245228 | 13541 | SH |  | SOLE |  | 13541 | 0 | 0 |
| Newmark Group Inc. | CL A | 65158N102 | BBG00J24S765 | 115095 | 14441 | SH |  | SOLE |  | 14441 | 0 | 0 |
| News Corporation | CL A | 65249B109 | BBG0035LY913 | 102320 | 5622 | SH |  | SOLE |  | 5622 | 0 | 0 |
| Nokia OYJ | SPONSORED ADR | 654902204 | BBG000BNGBW9 | 106196 | 22887 | SH |  | SOLE |  | 22887 | 0 | 0 |
| NOW Inc. | COM | 67011P100 | BBG005BLN209 | 149060 | 11737 | SH |  | SOLE |  | 11737 | 0 | 0 |
| Nutanix Inc. | CL A | 67059N108 | BBG001NDW1Z7 | 150335 | 5771 | SH |  | SOLE |  | 5771 | 0 | 0 |
| OFG Bancorp | COM | 67103X102 | BBG000F5VMF2 | 258981 | 9397 | SH |  | SOLE |  | 9397 | 0 | 0 |
| Oceaneering International Inc. | COM | 675232102 | BBG000CPBCL8 | 154769 | 8849 | SH |  | SOLE |  | 8849 | 0 | 0 |
| Olin Corporation | COM PAR $1 | 680665205 | BBG000BQHTV3 | 239289 | 4520 | SH |  | SOLE |  | 4520 | 0 | 0 |
| Open Text Corporation | COM | 683715106 | BBG000K712R6 | 127452 | 4300 | SH |  | SOLE |  | 4300 | 0 | 0 |
| PBF Energy Inc. | CL A | 69318G106 | BBG002832GV8 | 131719 | 3230 | SH |  | SOLE |  | 3230 | 0 | 0 |
| PDF Solutions Inc. | COM | 693282105 | BBG000CYCKR4 | 151669 | 5318 | SH |  | SOLE |  | 5318 | 0 | 0 |
| PJT Partners Inc. | COM CL A | 69343T107 | BBG0079T1PZ6 | 123947 | 1682 | SH |  | SOLE |  | 1682 | 0 | 0 |
| PTC Inc. | COM | 69370C100 | BBG000C2VBB0 | 120760 | 1006 | SH |  | SOLE |  | 1006 | 0 | 0 |
| Par Pacific Holdings Inc. | COM NEW | 69888T207 | BBG003C5DL16 | 140825 | 6057 | SH |  | SOLE |  | 6057 | 0 | 0 |
| Renasant Corporation | COM | 75970E107 | BBG000BR40B0 | 105553 | 2808 | SH |  | SOLE |  | 2808 | 0 | 0 |
| Patterson Companies Inc. | COM | 703395103 | BBG000BQY289 | 110578 | 3945 | SH |  | SOLE |  | 3945 | 0 | 0 |
| Paychex Inc. | COM | 704326107 | BBG000BQSQ38 | 100768 | 872 | SH |  | SOLE |  | 872 | 0 | 0 |
| Paycom Software Inc. | COM | 70432V102 | BBG0064N0ZZ5 | 151121 | 487 | SH |  | SOLE |  | 487 | 0 | 0 |
| Paya Holdings Inc. | COM CL A | 70434P103 | BBG00WVTFNY7 | 153961 | 19563 | SH |  | SOLE |  | 19563 | 0 | 0 |
| Performance Food Group Company | COM | 71377A103 | BBG009XW2WB8 | 89103 | 1526 | SH |  | SOLE |  | 1526 | 0 | 0 |
| Photronics Inc. | COM | 719405102 | BBG000BR9JS6 | 152614 | 9068 | SH |  | SOLE |  | 9068 | 0 | 0 |
| Pinterest Inc. | CL A | 72352L106 | BBG002583CV8 | 110013 | 4531 | SH |  | SOLE |  | 4531 | 0 | 0 |
| Pitney Bowes Inc. | COM | 724479100 | BBG000BQTMJ9 | 154443 | 40643 | SH |  | SOLE |  | 40643 | 0 | 0 |
| Playtika Holding Corporation | COM | 72815L107 | BBG00QQ8C789 | 132339 | 15551 | SH |  | SOLE |  | 15551 | 0 | 0 |
| Popular Inc. | COM NEW | 733174700 | BBG000BDNB35 | 151740 | 2288 | SH |  | SOLE |  | 2288 | 0 | 0 |
| Progress Software Corporation | COM | 743312100 | BBG000C4QP94 | 123401 | 2446 | SH |  | SOLE |  | 2446 | 0 | 0 |
| ProPetro Holding Corporation | COM | 74347M108 | BBG00FYCQ352 | 153683 | 14820 | SH |  | SOLE |  | 14820 | 0 | 0 |
| Prudential Financial Inc. | COM | 744320102 | BBG000HCJMF9 | 96675 | 972 | SH |  | SOLE |  | 972 | 0 | 0 |
| Quanex Building Products Corporation | COM | 747619104 | BBG000TXVLZ6 | 107057 | 4521 | SH |  | SOLE |  | 4521 | 0 | 0 |
| REV Group Inc. | COM | 749527107 | BBG00CSG01W9 | 122578 | 9713 | SH |  | SOLE |  | 9713 | 0 | 0 |
| RXO Inc. | COMMON STOCK | 74982T103 | BBG0160DYCH4 | 137445 | 7991 | SH |  | SOLE |  | 7991 | 0 | 0 |
| Rackspace Technology Inc. | COM | 750102105 | BBG00W0JYQQ4 | 168091 | 56980 | SH |  | SOLE |  | 56980 | 0 | 0 |
| Radian Group Inc. | COM | 750236101 | BBG000BMWV95 | 147602 | 7740 | SH |  | SOLE |  | 7740 | 0 | 0 |
| Rambus Inc. | COM | 750917106 | BBG000BR32C6 | 148223 | 4138 | SH |  | SOLE |  | 4138 | 0 | 0 |
| Rayonier Advanced Materials Inc. | COM | 75508B104 | BBG005XVML66 | 267926 | 27909 | SH |  | SOLE |  | 27909 | 0 | 0 |
| Red Rock Resorts Inc. | CL A | 75700L108 | BBG00B6G8077 | 99345 | 2483 | SH |  | SOLE |  | 2483 | 0 | 0 |
| Regions Financial Corporation | COM | 7591EP100 | BBG000Q3JN03 | 104199 | 4833 | SH |  | SOLE |  | 4833 | 0 | 0 |
| Reinsurance Group of America Inc. | COM NEW | 759351604 | BBG000BDLCQ0 | 266277 | 1874 | SH |  | SOLE |  | 1874 | 0 | 0 |
| Belden Inc. | COM | 077454106 | BBG000Q4XNV1 | 263154 | 3660 | SH |  | SOLE |  | 3660 | 0 | 0 |
| Rush Enterprises Inc. | CL A | 781846209 | BBG000PLLP24 | 136242 | 2606 | SH |  | SOLE |  | 2606 | 0 | 0 |
| Ryerson Holding Corporation | COM | 783754104 | BBG000Q7V224 | 245197 | 8103 | SH |  | SOLE |  | 8103 | 0 | 0 |
| SLM Corporation | COM | 78442P106 | BBG000BBCQD7 | 135058 | 8136 | SH |  | SOLE |  | 8136 | 0 | 0 |
| SPDR Bloomberg High Yield Bond ETF | BLOOMBERG HIGH Y | 78468R622 | BBG000NXDKM8 | 1455660 | 16174 | SH |  | SOLE |  | 16174 | 0 | 0 |
| Advanced Energy Industries Inc. | COM | 007973100 | BBG000FKMP26 | 105595 | 1231 | SH |  | SOLE |  | 1231 | 0 | 0 |
| SeaWorld Entertainment Inc. | COM | 81282V100 | BBG003RY97K2 | 106057 | 1982 | SH |  | SOLE |  | 1982 | 0 | 0 |
| Shift4 Payments Inc. | CL A | 82452J109 | BBG00TX393L4 | 153696 | 2748 | SH |  | SOLE |  | 2748 | 0 | 0 |
| Skyworks Solutions Inc. | COM | 83088M102 | BBG000KLB4Q1 | 154921 | 1700 | SH |  | SOLE |  | 1700 | 0 | 0 |
| Sociedad Quimica y Minera de Chile S.A. | SPON ADR SER B | 833635105 | BBG000BKK4S1 | 153133 | 1918 | SH |  | SOLE |  | 1918 | 0 | 0 |
| SolarWinds Corporation | COM NEW | 83417Q204 | BBG00M1CKSK7 | 155966 | 16663 | SH |  | SOLE |  | 16663 | 0 | 0 |
| SpartanNash Company | COM | 847215100 | BBG000CGC453 | 112523 | 3721 | SH |  | SOLE |  | 3721 | 0 | 0 |
| Splunk Inc. | COM | 848637104 | BBG001C7TST4 | 152724 | 1774 | SH |  | SOLE |  | 1774 | 0 | 0 |
| Squarespace Inc. | CLASS A | 85225A107 | BBG00389GQ73 | 142597 | 6432 | SH |  | SOLE |  | 6432 | 0 | 0 |
| State Street Corporation | COM | 857477103 | BBG000BKFBD7 | 244966 | 3158 | SH |  | SOLE |  | 3158 | 0 | 0 |
| Steel Dynamics Inc. | COM | 858119100 | BBG000HGYNZ9 | 85390 | 874 | SH |  | SOLE |  | 874 | 0 | 0 |
| Sterling Infrastructure Inc. | COM | 859241101 | BBG000JD6TN5 | 127887 | 3899 | SH |  | SOLE |  | 3899 | 0 | 0 |
| Stifel Financial Corporation | COM | 860630102 | BBG000BSS5C0 | 148785 | 2549 | SH |  | SOLE |  | 2549 | 0 | 0 |
| STMicroelectronics N.V. | NY REGISTRY | 861012102 | BBG000BD4GX2 | 150034 | 4218 | SH |  | SOLE |  | 4218 | 0 | 0 |
| Sun Country Airlines Holdings Inc. | COM | 866683105 | BBG00Z6F8CB5 | 154413 | 9736 | SH |  | SOLE |  | 9736 | 0 | 0 |
| SunCoke Energy Inc. | COM | 86722A103 | BBG000R1YXQ9 | 149135 | 17281 | SH |  | SOLE |  | 17281 | 0 | 0 |
| Sylvamo Corporation | COMMON STOCK | 871332102 | BBG0122M8031 | 146353 | 3012 | SH |  | SOLE |  | 3012 | 0 | 0 |
| Synovus Financial Corporation | COM NEW | 87161C501 | BBG000BLNZL4 | 251998 | 6711 | SH |  | SOLE |  | 6711 | 0 | 0 |
| TFI International Inc. | COM | 87241L109 | BBG000HJS1F0 | 90116 | 899 | SH |  | SOLE |  | 899 | 0 | 0 |
| Targa Resources Corporation | COM | 87612G101 | BBG0015XMW40 | 105032 | 1429 | SH |  | SOLE |  | 1429 | 0 | 0 |
| TaskUS Inc. | CLASS A COM | 87652V109 | BBG009CL6VK3 | 158133 | 9357 | SH |  | SOLE |  | 9357 | 0 | 0 |
| Tata Motors Ltd. | SPONSORED ADR | 876568502 | BBG000PVGDH9 | 127544 | 5519 | SH |  | SOLE |  | 5519 | 0 | 0 |
| Taylor Morrison Home Corporation | COM | 87724P106 | BBG003PGJHP5 | 148078 | 4879 | SH |  | SOLE |  | 4879 | 0 | 0 |
| Tenet Healthcare Corporation | COM NEW | 88033G407 | BBG000CPHYL4 | 153054 | 3137 | SH |  | SOLE |  | 3137 | 0 | 0 |
| Teradata Corporation | COM | 88076W103 | BBG000R0L5J4 | 278974 | 8288 | SH |  | SOLE |  | 8288 | 0 | 0 |
| Terex Corporation | COM | 880779103 | BBG000C7B436 | 270033 | 6321 | SH |  | SOLE |  | 6321 | 0 | 0 |
| 360 DigiTech Inc. | AMERICAN DEP | 88557W101 | BBG00MDY4KL0 | 152557 | 7493 | SH |  | SOLE |  | 7493 | 0 | 0 |
| Titan Machinery Inc. | COM | 88830R101 | BBG000RWSF05 | 147915 | 3723 | SH |  | SOLE |  | 3723 | 0 | 0 |
| TravelCenters of America Inc. | COM NEW | 89421B109 | BBG000F71CC6 | 153416 | 3426 | SH |  | SOLE |  | 3426 | 0 | 0 |
| TriNet Group Inc. | COM | 896288107 | BBG000BR2040 | 123803 | 1826 | SH |  | SOLE |  | 1826 | 0 | 0 |
| Triumph Group Inc. | COM | 896818101 | BBG000BM7L13 | 84928 | 8073 | SH |  | SOLE |  | 8073 | 0 | 0 |
| TripAdvisor Inc. | COM | 896945201 | BBG001M8HHB7 | 267453 | 14875 | SH |  | SOLE |  | 14875 | 0 | 0 |
| Two Harbors Investment Corporation | COM | 90187B804 | BBG000MG3Y65 | 101985 | 6467 | SH |  | SOLE |  | 6467 | 0 | 0 |
| 2U Inc. | COM | 90214J101 | BBG001KS9450 | 85078 | 13569 | SH |  | SOLE |  | 13569 | 0 | 0 |
| Tyson Foods Inc. | CL A | 902494103 | BBG000DKCC19 | 93064 | 1495 | SH |  | SOLE |  | 1495 | 0 | 0 |
| UGI Corporation | COM | 902681105 | BBG000BVYN55 | 93861 | 2532 | SH |  | SOLE |  | 2532 | 0 | 0 |
| Ulta Beauty Inc. | COM | 90384S303 | BBG00FWQ4VD6 | 98505 | 210 | SH |  | SOLE |  | 210 | 0 | 0 |
| Ultra Clean Holdings Inc. | COM | 90385V107 | BBG000HSLV70 | 110290 | 3327 | SH |  | SOLE |  | 3327 | 0 | 0 |
| Umpqua Holdings Corporation | COM | 904214103 | BBG000C0ZW33 | 127949 | 7168 | SH |  | SOLE |  | 7168 | 0 | 0 |
| United Rentals Inc. | COM | 911363109 | BBG000BXMFC3 | 95608 | 269 | SH |  | SOLE |  | 269 | 0 | 0 |
| United States Steel Corporation | COM | 912909108 | BBG000BX3TD3 | 146793 | 5860 | SH |  | SOLE |  | 5860 | 0 | 0 |
| Unum Group | COM | 91529Y106 | BBG000BW2QX0 | 276132 | 6730 | SH |  | SOLE |  | 6730 | 0 | 0 |
| Valero Energy Corporation | COM | 91913Y100 | BBG000BBGGQ1 | 122927 | 969 | SH |  | SOLE |  | 969 | 0 | 0 |
| VanEck High Yield Muni ETF | HIGH YLD MUNIETF | 92189H409 | BBG000C8Z562 | 17769134 | 351516 | SH |  | SOLE |  | 351516 | 0 | 0 |
| Victoria's Secret  Company | COMMON STOCK | 926400102 | BBG01103B471 | 87339 | 2441 | SH |  | SOLE |  | 2441 | 0 | 0 |
| ViewRay Inc. | COM | 92672L107 | BBG005XKG722 | 151106 | 33729 | SH |  | SOLE |  | 33729 | 0 | 0 |
| Vishay Intertechnology Inc. | COM | 928298108 | BBG000BWKB81 | 102479 | 4751 | SH |  | SOLE |  | 4751 | 0 | 0 |
| Voya Financial Inc. | COM | 929089100 | BBG000BCWKD6 | 148314 | 2412 | SH |  | SOLE |  | 2412 | 0 | 0 |
| W Offshore Inc. | COM | 92922P106 | BBG000FFFQR6 | 148858 | 26677 | SH |  | SOLE |  | 26677 | 0 | 0 |
| Bloomin' Brands Inc. | COM | 094235108 | BBG002VZ68Y2 | 118688 | 5899 | SH |  | SOLE |  | 5899 | 0 | 0 |
| Wintrust Financial Corporation | COM | 97650W108 | BBG000HD3DW5 | 137937 | 1632 | SH |  | SOLE |  | 1632 | 0 | 0 |
| World Wrestling Entertainment Inc. | CL A | 98156Q108 | BBG000F5YH15 | 106686 | 1557 | SH |  | SOLE |  | 1557 | 0 | 0 |
| Wyndham Hotels  Resorts Inc. | COM | 98311A105 | BBG00HCY3Q67 | 112242 | 1574 | SH |  | SOLE |  | 1574 | 0 | 0 |
| YPF S.A. | SPON ADR CL D | 984245100 | BBG000BHPFQ0 | 140377 | 15275 | SH |  | SOLE |  | 15275 | 0 | 0 |
| Yalla Group Ltd. | ADS | 98459U103 | BBG00X71LSZ4 | 111601 | 31886 | SH |  | SOLE |  | 31886 | 0 | 0 |
| Yelp Inc. | CL A | 985817105 | BBG000Q2HM09 | 132380 | 4842 | SH |  | SOLE |  | 4842 | 0 | 0 |
| Yext Inc. | COM | 98585N106 | BBG001MKZGY7 | 157321 | 24092 | SH |  | SOLE |  | 24092 | 0 | 0 |
| Yum! Brands Inc. | COM | 988498101 | BBG000BH3GZ2 | 111686 | 872 | SH |  | SOLE |  | 872 | 0 | 0 |
| Zillow Group Inc. | CL C CAP STK | 98954M200 | BBG009NRSWJ4 | 92153 | 2861 | SH |  | SOLE |  | 2861 | 0 | 0 |
| Zeta Global Holdings Corporation | CL A | 98956A105 | BBG010FXVQ98 | 150402 | 18409 | SH |  | SOLE |  | 18409 | 0 | 0 |
| Zimmer Biomet Holdings Inc. | COM | 98956P102 | BBG000BKPL53 | 103658 | 813 | SH |  | SOLE |  | 813 | 0 | 0 |
| Zions Bancorp NA | COM | 989701107 | BBG000BX9WL1 | 97435 | 1982 | SH |  | SOLE |  | 1982 | 0 | 0 |
| Zynex Inc. | COM | 98986M103 | BBG000BJBXZ2 | 148531 | 10678 | SH |  | SOLE |  | 10678 | 0 | 0 |
| Constellium S.E. | CL A SHS | F21107101 | BBG004K5PJP1 | 252724 | 21363 | SH |  | SOLE |  | 21363 | 0 | 0 |
| Adient plc | ORD SHS | G0084W101 | BBG009PN0C87 | 114616 | 3304 | SH |  | SOLE |  | 3304 | 0 | 0 |
| Axalta Coating Systems Ltd. | COM | G0750C108 | BBG0060CPLJ5 | 104605 | 4107 | SH |  | SOLE |  | 4107 | 0 | 0 |
| Capri Holdings Ltd. | SHS | G1890L107 | BBG0029SNR63 | 152643 | 2663 | SH |  | SOLE |  | 2663 | 0 | 0 |
| Genpact Ltd. | SHS | G3922B107 | BBG000RQBFV2 | 132151 | 2853 | SH |  | SOLE |  | 2853 | 0 | 0 |
| GLOBALFOUNDRIES Inc. | ORDINARY SHARES | G39387108 | BBG000C2L5G9 | 150245 | 2788 | SH |  | SOLE |  | 2788 | 0 | 0 |
| International Game Technology plc | SHS USD | G4863A108 | BBG0081VHTP3 | 235554 | 10386 | SH |  | SOLE |  | 10386 | 0 | 0 |
| Paysafe Ltd. | ORD | G6964L107 | BBG00YT50779 | 172264 | 12402 | SH |  | SOLE |  | 12402 | 0 | 0 |
| ReNew Energy Global plc | CL A SHS | G7500M104 | BBG0120WN0V3 | 89903 | 16346 | SH |  | SOLE |  | 16346 | 0 | 0 |
| Seagate Technology Holdings plc | ORD SHS | G7997R103 | BBG0113JGQF0 | 109271 | 2077 | SH |  | SOLE |  | 2077 | 0 | 0 |
| Signet Jewelers Ltd. | SHS | G81276100 | BBG000C4ZZ10 | 149804 | 2203 | SH |  | SOLE |  | 2203 | 0 | 0 |
| StoneCompany Ltd. | COM CL A | G85158106 | BBG00M4ZQDK0 | 155968 | 16522 | SH |  | SOLE |  | 16522 | 0 | 0 |
| Tecnoglass Inc. | SHS | G87264100 | BBG002Z3L4S8 | 149481 | 4858 | SH |  | SOLE |  | 4858 | 0 | 0 |
| Liberty Latin America Ltd. | COM CL C | G9001E128 | BBG00JKWHZ81 | 149173 | 19628 | SH |  | SOLE |  | 19628 | 0 | 0 |
| Triton International Ltd. | CL A | G9078F107 | BBG00BS054W5 | 125317 | 1822 | SH |  | SOLE |  | 1822 | 0 | 0 |
| Inmode Ltd. | SHS | M5425M103 | BBG00PPS73P4 | 154688 | 4333 | SH |  | SOLE |  | 4333 | 0 | 0 |
| Perion Network Ltd. | SHS NEW | M78673114 | BBG000KBRG25 | 152433 | 6025 | SH |  | SOLE |  | 6025 | 0 | 0 |
| Wix.com Ltd. | SHS | M98068105 | BBG005CM7J89 | 155581 | 2025 | SH |  | SOLE |  | 2025 | 0 | 0 |
| AerCap Holdings N.V. | SHS | N00985106 | BBG000Q9FZL4 | 149941 | 2571 | SH |  | SOLE |  | 2571 | 0 | 0 |
| Ferrari N.V. | COM | N3167Y103 | BBG009PH3Q86 | 114608 | 535 | SH |  | SOLE |  | 535 | 0 | 0 |
| OceanPal Inc. | COM NEW | Y6430L160 | BBG013384JP8 | 3775 | 3401 | SH |  | SOLE |  | 3401 | 0 | 0 |

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