# EDGAR Filing Document

**Accession Number:** 0001511699
**File Stem:** 0000894189-25-005884
**Filing Date:** 2025-8
**Character Count:** 49598
**Document Hash:** 41ee949199c20b84b4ca9da2461d6c2a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-005884.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0000894189-25-005884

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Managed Portfolio Series
- **CENTRAL INDEX KEY:** 0001511699

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22525
- **FILM NUMBER:** 251256653

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Leuthold Select Industries ETF (Series ID: S000083374)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000246977 | Leuthold Select Industries ETF | LST             |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Leuthold Select Industries ETF** | **Leuthold Select Industries ETF** | **Leuthold Select Industries ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 98.8%** | **Shares** | **Value**  |
| **Banks - 7.4%** | **Banks - 7.4%** | |
| Bank of America Corp. | 5971 | $282548 |
| Barclays PLC - ADR | 11197 | 208152 |
| Canadian Imperial Bank of Commerce | 3011 | 213269 |
| Citigroup, Inc. | 3102 | 264042 |
| JPMorgan Chase & Co. | 1182 | 342674 |
| The PNC Financial Services Group, Inc. | 921 | 171693 |
| US Bancorp | 3646 | 164981 |
|  |  | 1647359 |
| **Capital Markets - 5.9%** | **Capital Markets - 5.9%** |  |
| Deutsche Bank AG | 8840 | 258835 |
| Goldman Sachs Group, Inc. | 622 | 440220 |
| Morgan Stanley | 2417 | 340459 |
| Raymond James Financial, Inc. | 914 | 140180 |
| Virtu Financial, Inc. - Class A | 2863 | 128234 |
|  |  | 1307928 |
| **Communications Equipment - 4.5%** | **Communications Equipment - 4.5%** |  |
| Cisco Systems, Inc. | 4782 | 331775 |
| Digi International, Inc. <sup>(a)</sup> | 1867 | 65083 |
| F5, Inc. <sup>(a)</sup> | 702 | 206613 |
| Nokia Oyj - ADR | 40209 | 208283 |
| Telefonaktiebolaget LM Ericsson - ADR | 23014 | 195159 |
|  |  | 1006913 |
| **Construction & Engineering - 2.1%** | **Construction & Engineering - 2.1%** |  |
| Dycom Industries, Inc. <sup>(a)</sup> | 736 | 179871 |
| Primoris Services Corp. | 2052 | 159933 |
| Valmont Industries, Inc. | 409 | 133567 |
|  |  | 473371 |
| **Diversified Consumer Services - 6.8%** | **Diversified Consumer Services - 6.8%** |  |
| ADT, Inc. | 18114 | 153425 |
| Adtalem Global Education, Inc. <sup>(a)</sup> | 1725 | 219472 |
| Frontdoor, Inc. <sup>(a)</sup> | 2373 | 139864 |
| Graham Holdings Co. - Class B | 104 | 98402 |
| Laureate Education, Inc. <sup>(a)</sup> | 7504 | 175443 |
| Pearson PLC - ADR | 5989 | 89416 |
| Perdoceo Education Corp. | 3810 | 124549 |
| Strategic Education, Inc. | 1469 | 125056 |
| Stride, Inc. <sup>(a)</sup> | 1414 | 205299 |
| Universal Technical Institute, Inc. <sup>(a)</sup> | 5217 | 176804 |
|  |  | 1507730 |
| **Diversified Telecommunication Services - 1.6%** | **Diversified Telecommunication Services - 1.6%** |  |
| AT&T, Inc. | 9001 | 260489 |
| Verizon Communications, Inc. | 2504 | 108348 |
|  |  | 368837 |
| **Electronic Equipment, Instruments & Components - 7.0%** | **Electronic Equipment, Instruments & Components - 7.0%** |  |
| Benchmark Electronics, Inc. | 2282 | 88610 |
| CTS Corp. | 2044 | 87095 |
| Flex, Ltd. <sup>(a)</sup> | 7564 | 377595 |
| Jabil, Inc. | 2290 | 499449 |
| Plexus Corp. <sup>(a)</sup> | 972 | 131521 |
| Sanmina Corp. <sup>(a)</sup> | 1403 | 137255 |
| TE Connectivity PLC | 1483 | 250138 |
|  |  | 1571663 |
| **Entertainment - 4.4%** | **Entertainment - 4.4%** |  |
| Netflix, Inc. <sup>(a)</sup> | 552 | 739200 |
| Walt Disney Co. | 1985 | 246160 |
|  |  | 985360 |
| **Financial Services - 3.2%** | **Financial Services - 3.2%** |  |
| Mastercard, Inc. - Class A | 578 | 324802 |
| PayPal Holdings, Inc. <sup>(a)</sup> | 1750 | 130060 |
| Visa, Inc. - Class A | 766 | 271968 |
|  |  | 726830 |
| **Gas Utilities - 4.3%** | **Gas Utilities - 4.3%** |  |
| MDU Resources Group, Inc. | 11502 | 191738 |
| New Jersey Resources Corp. | 3921 | 175739 |
| ONE Gas, Inc. | 2558 | 183818 |
| Spire, Inc. | 2524 | 184227 |
| UGI Corp. | 5888 | 214441 |
|  |  | 949963 |
| **Health Care Providers & Services - 9.3%** | **Health Care Providers & Services - 9.3%** |  |
| Cardinal Health, Inc. | 2331 | 391608 |
| Cencora, Inc. | 1141 | 342129 |
| Cigna Group | 346 | 114381 |
| CVS Health Corp. | 1609 | 110989 |
| Encompass Health Corp. | 1147 | 140656 |
| HCA Healthcare, Inc. | 597 | 228711 |
| McKesson Corp. | 592 | 433806 |
| Tenet Healthcare Corp. <sup>(a)</sup> | 1102 | 193952 |
| Universal Health Services, Inc. - Class B | 690 | 124993 |
|  |  | 2081225 |
| **Hotels, Restaurants & Leisure - 3.3%** | **Hotels, Restaurants & Leisure - 3.3%** |  |
| Carnival Corp. <sup>(a)</sup> | 4256 | 119679 |
| Hyatt Hotels Corp. - Class A | 694 | 96917 |
| Life Time Group Holdings, Inc. <sup>(a)</sup> | 3777 | 114556 |
| Norwegian Cruise Line Holdings, Ltd. <sup>(a)</sup> | 4092 | 82986 |
| Royal Caribbean Cruises, Ltd. | 411 | 128700 |
| SeaWorld Entertainment, Inc. <sup>(a)</sup> | 2067 | 97459 |
| Travel + Leisure Co. | 2021 | 104304 |
|  |  | 744601 |
| **Insurance - 4.9%** | **Insurance - 4.9%** |  |
| Allstate Corp. | 730 | 146956 |
| Arch Capital Group, Ltd. | 1260 | 114723 |
| Assurant, Inc. | 643 | 126986 |
| Hanover Insurance Group, Inc. | 524 | 89012 |
| Hartford Insurance Group, Inc. | 1239 | 157192 |
| Kemper Corp. | 1255 | 80998 |
| Markel Group, Inc. <sup>(a)</sup> | 64 | 127831 |
| Travelers Cos., Inc. | 607 | 162397 |
| White Mountains Insurance Group Ltd. | 45 | 80807 |
|  |  | 1086902 |
| **Interactive Media & Services - 5.8%** | **Interactive Media & Services - 5.8%** |  |
| Alphabet, Inc. - Class A | 2578 | 454321 |
| Meta Platforms, Inc. - Class A | 1132 | 835518 |
|  |  | 1289839 |
| **Internet & Direct Marketing Retail - 0.5%** | **Internet & Direct Marketing Retail - 0.5%** |  |
| Expedia Group, Inc. - Class A | 619 | 104413 |
| **IT Services - 5.7%** | **IT Services - 5.7%** |  |
| Akamai Technologies, Inc. <sup>(a)</sup> | 1672 | 133359 |
| CSG Systems International, Inc. | 2592 | 169284 |
| DigitalOcean Holdings, Inc. <sup>(a)</sup> | 2808 | 80196 |
| GoDaddy, Inc. - Class A <sup>(a)</sup> | 837 | 150710 |
| MAXIMUS, Inc. | 2270 | 159354 |
| Okta, Inc. <sup>(a)</sup> | 1212 | 121164 |
| Twilio, Inc. - Class A <sup>(a)</sup> | 1399 | 173980 |
| VeriSign, Inc. | 754 | 217755 |
| Wix.com, Ltd. <sup>(a)</sup> | 457 | 72416 |
|  |  | 1278218 |
| **Media - 1.2%** | **Media - 1.2%** |  |
| Charter Communications, Inc. - Class A <sup>(a)</sup> | 278 | 113649 |
| Comcast Corp. - Class A | 4097 | 146222 |
|  |  | 259871 |
| **Metals & Mining - 5.3%** | **Metals & Mining - 5.3%** |  |
| Agnico Eagle Mines, Ltd. | 1790 | 212885 |
| Eldorado Gold Corp. <sup>(a)</sup> | 6545 | 133125 |
| Equinox Gold Corp. <sup>(a)</sup> | 19324 | 111113 |
| IAMGOLD Corp. <sup>(a)</sup> | 31295 | 230018 |
| Kinross Gold Corp. | 23104 | 361116 |
| Pan American Silver Corp. | 4723 | 134133 |
|  |  | 1182390 |
| **Professional Services - 1.5%** | **Professional Services - 1.5%** |  |
| Concentrix Corp. | 3335 | 176271 |
| WNS Holdings Ltd. <sup>(a)</sup> | 2429 | 153610 |
|  |  | 329881 |
| **Road & Rail - 1.0%** | **Road & Rail - 1.0%** |  |
| Uber Technologies, Inc. <sup>(a)</sup> | 2370 | 221121 |
| **Software - 10.6%** | **Software - 10.6%** |  |
| Check Point Software Technologies, Ltd. <sup>(a)</sup> | 1134 | 250897 |
| Fortinet, Inc. <sup>(a)</sup> | 2361 | 249605 |
| Microsoft Corp. | 1921 | 955525 |
| Oracle Corp. | 2578 | 563628 |
| Qualys, Inc. <sup>(a)</sup> | 896 | 128012 |
| SS&C Technologies Holdings, Inc. | 2555 | 211554 |
|  |  | 2359221 |
| **Specialty Retail - 1.0%** | **Specialty Retail - 1.0%** |  |
| Asbury Automotive Group, Inc. <sup>(a)</sup> | 446 | 106389 |
| Lithia Motors, Inc. - Class A | 323 | 109116 |
|  |  | 215505 |
| **Wireless Telecommunication Services - 1.5%** | **Wireless Telecommunication Services - 1.5%** |  |
| T-Mobile US, Inc. | 1400 | 333564 |
| **TOTAL COMMON STOCKS** (Cost $17,393,507) | **TOTAL COMMON STOCKS** (Cost $17,393,507) | 22032705 |
| **TOTAL INVESTMENTS - 98.8% (**Cost $17,393,507**)** | **TOTAL INVESTMENTS - 98.8% (**Cost $17,393,507**)** | 22032705 |
| Money Market Deposit Account - 1.2% <sup>(b)</sup> | Money Market Deposit Account - 1.2% <sup>(b)</sup> | 257129 |
| Other Assets in Excess of Liabilities - 0.0% <sup>(c)</sup> | Other Assets in Excess of Liabilities - 0.0% <sup>(c)</sup> | 11052 |
| **TOTAL NET ASSETS - 100.0%** |  | $22300886 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

ADR - American Depositary Receipt AG – Aktiengesellschaft OYJ – Julkinen Asakeyhtio <br> PLC - Public Limited Company

(a) Non-income producing security.

(b) The U.S. Bank Money Market Deposit Account (the "MMDA") is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on
 market conditions and is subject to change daily. The rate as of June 30, 2025 was 4.20%.

(c) Represents less than 0.05% of net assets.

------

#### <br>

#### Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
Leuthold Select Industries ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $22032705 | $– | $– | $22032705 |
| Total Investments | $22032705 | $– | $– | $22032705 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Managed Portfolio Series

- **b. Investment Company Act file number:** 811-22525

- **c. CIK number of Registrant:** 0001511699

- **d. LEI of Registrant:** 254900SQ3GG01NP4WM65

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1712

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

- **a. Name of Series:** Leuthold Select Industries ETF

- **b. EDGAR series identifier (if any):** S000083374

- **c. LEI of Series:** 529900MV2XLI93L2HK75

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $22338514.37

**Total Liabilities:** $37628.89

**Net Assets:** $22300885.48

**Cash Not Reported:** $702.27

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246977 | 0.58%                | 7.09%                | 5.18%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $158313.22               | $-16766.18                                 |
| Month 2  | $0.00                    | $1216355.94                                |
| Month 3  | $-100445.71              | $1164808.61                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Hyatt Hotels Corp              | Hyatt Hotels Corp                     | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |       694 | NS      | $96917.10     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corp                    | Kemper Corp                           | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |      1255 | NS      | $80997.70     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc   | Life Time Group Holdings Inc          | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3777 | NS      | $114556.41    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc            | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      2504 | NS      | $108348.08    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| 31846V567                      | HCA Healthcare Inc                    | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |       597 | NS      | $228710.70    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors Inc              | Lithia Motors Inc                     | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |       323 | NS      | $109115.86    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                        | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       578 | NS      | $324801.32    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp                    | Plexus Corp                           | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |       972 | NS      | $131521.32    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc    | Raymond James Financial Inc           | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |       914 | NS      | $140180.18    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel + Leisure Co            | Travel + Leisure Co                   | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |      2021 | NS      | $104303.81    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC            | TE Connectivity PLC                   | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |      1483 | NS      | $250137.61    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                    | Cencora Inc                           | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      1141 | NS      | $342128.85    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc                   | Assurant Inc                          | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |       643 | NS      | $126986.07    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics Inc      | Benchmark Electronics Inc             | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |      2282 | NS      | $88610.06     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                  | Citigroup Inc                         | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      3102 | NS      | $264042.24    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| 49338L103                      | Walt Disney Co/The                    | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      1985 | NS      | $246159.85    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                      | Spire Inc                             | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |      2524 | NS      | $184226.76    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp          | Tenet Healthcare Corp                 | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      1102 | NS      | $193952.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                              | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       766 | NS      | $271968.30    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd         | Arch Capital Group Ltd                | CUSIP: N/A<br>LEI: 549300AYR4P8AFKDCE43       | Long             | EC               | CORP              | BM        |      1260 | NS      | $114723.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education Inc   | Adtalem Global Education Inc          | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |      1725 | NS      | $219471.75    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| 22662X100                      | Asbury Automotive Group Inc           | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |       446 | NS      | $106388.84    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                   | Comcast Corp                          | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      4097 | NS      | $146221.93    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalOcean Holdings Inc      | DigitalOcean Holdings Inc             | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |      2808 | NS      | $80196.48     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| IAMGOLD Corp                   | IAMGOLD Corp                          | CUSIP: 450913108<br>LEI: 254900E7II30XAB9LA72 | Long             | EC               | CORP              | CA        |     31295 | NS      | $230018.25    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc               | Markel Group Inc                      | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |        64 | NS      | $127831.04    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| 744320BJ0                      | Microsoft Corp                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1921 | NS      | $955524.61    | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Grou | White Mountains Insurance Group Ltd   | CUSIP: N/A<br>LEI: 549300N3FL068JERBG02       | Long             | EC               | CORP              | US        |        45 | NS      | $80807.40     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontdoor Inc                  | Frontdoor Inc                         | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |      2373 | NS      | $139864.62    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp              | Kinross Gold Corp                     | CUSIP: 496902404<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |     23104 | NS      | $361115.52    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group Inc        | MDU Resources Group Inc               | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11502 | NS      | $191738.34    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                         | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |       592 | NS      | $433805.76    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp       | Pan American Silver Corp              | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |      4723 | NS      | $134133.20    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd                       | Flex Ltd                              | CUSIP: N/A<br>LEI: 549300EAQH74YHD07T53       | Long             | EC               | CORP              | US        |      7564 | NS      | $377594.88    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Corp                       | CTS Corp                              | CUSIP: 126501105<br>LEI: 549300YV1HQLBVHOI649 | Long             | EC               | CORP              | US        |      2044 | NS      | $87094.84     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Eldorado Gold Corp             | Eldorado Gold Corp                    | CUSIP: 284902509<br>LEI: 5493004PWQ01YDD1IH62 | Long             | EC               | CORP              | CA        |      6545 | NS      | $133125.30    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp          | Encompass Health Corp                 | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      1147 | NS      | $140656.61    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc              | Expedia Group Inc                     | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       619 | NS      | $104412.92    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                         | F5 Inc                                | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |       702 | NS      | $206612.64    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The    | Goldman Sachs Group Inc/The           | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       622 | NS      | $440220.50    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group Inc/Th | Hanover Insurance Group Inc/The       | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |       524 | NS      | $89011.88     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                   | VeriSign Inc                          | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |       754 | NS      | $217755.20    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Wix.com Ltd                    | Wix.com Ltd                           | CUSIP: N/A<br>LEI: 5493008P6N29Q1AG9464       | Long             | EC               | CORP              | IL        |       457 | NS      | $72416.22     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                       | AT&T Inc                              | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      9001 | NS      | $260488.94    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The              | Allstate Corp/The                     | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |       730 | NS      | $146956.30    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                | CVS Health Corp                       | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      1609 | NS      | $110988.82    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CIBC                           | Canadian Imperial Bank of Commerce    | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |      3011 | NS      | $213269.13    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc            | Cardinal Health Inc                   | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      2331 | NS      | $391608.00    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp                | Concentrix Corp                       | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |      3335 | NS      | $176271.43    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc         | Digi International Inc                | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |      1867 | NS      | $65083.62     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc         | Valmont Industries Inc                | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |       409 | NS      | $133567.13    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ADT Inc                        | ADT Inc                               | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18114 | NS      | $153425.58    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd         | Agnico Eagle Mines Ltd                | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |      1790 | NS      | $212884.70    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                          | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      2578 | NS      | $454320.94    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp           | Bank of America Corp                  | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      5971 | NS      | $282547.72    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                   | Barclays PLC                          | CUSIP: 06738E204<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |     11197 | NS      | $208152.23    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc     | Charter Communications Inc            | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |       278 | NS      | $113649.18    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies Inc        | Akamai Technologies Inc               | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |      1672 | NS      | $133358.72    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                | Cigna Group/The                       | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |       346 | NS      | $114380.68    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      1182 | NS      | $342673.62    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Laureate Education Inc         | Laureate Education Inc                | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |      7504 | NS      | $175443.52    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                           | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       552 | NS      | $739199.76    | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                           | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      2578 | NS      | $563628.14    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategic Education Inc        | Strategic Education Inc               | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |      1469 | NS      | $125055.97    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                | T-Mobile US Inc                       | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      1400 | NS      | $333564.00    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANK MMDA - USBGFS 9        | US BANK MMDA - USBGFS 9               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |    256484 | NS      | $256484.46    | 1.15%             | 2037-09-01      | Variable      | 4.54%                 | No            |                  1 | On Loan: No      |
| UGI Corp                       | UGI Corp                              | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |      5888 | NS      | $214440.96    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                     | US Bancorp                            | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      3646 | NS      | $164981.50    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | Uber Technologies Inc                 | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      2370 | NS      | $221121.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd    | Royal Caribbean Cruises Ltd           | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | US        |       411 | NS      | $128700.54    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                    | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1132 | NS      | $835517.88    | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Resources Corp      | New Jersey Resources Corp             | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |      3921 | NS      | $175739.22    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc  | Universal Health Services Inc         | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |       690 | NS      | $124993.50    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial Inc            | Virtu Financial Inc                   | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |      2863 | NS      | $128233.77    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Cruise Line Holdings | Norwegian Cruise Line Holdings Ltd    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      4092 | NS      | $82985.76     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                      | Jabil Inc                             | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      2290 | NS      | $499449.00    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Pearson PLC                    | Pearson PLC                           | CUSIP: 705015105<br>LEI: 2138004JBXWWJKIURC57 | Long             | EC               | CORP              | GB        |      5989 | NS      | $89415.77     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp         | Primoris Services Corp                | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |      2052 | NS      | $159932.88    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group I | PNC Financial Services Group Inc/The  | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |       921 | NS      | $171692.82    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parks & Resorts Inc     | United Parks & Resorts Inc            | CUSIP: 81282V100<br>LEI: 529900G0H4NV3IIK3269 | Long             | EC               | CORP              | US        |      2067 | NS      | $97459.05     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                     | Twilio Inc                            | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |      1399 | NS      | $173979.64    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd               | WNS Holdings Ltd                      | CUSIP: N/A<br>LEI: 529900RM7QHUD3W9DM42       | Long             | EC               | CORP              | IN        |      2429 | NS      | $153609.96    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc  | CSG Systems International Inc         | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |      2592 | NS      | $169283.52    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ericsson                       | Telefonaktiebolaget LM Ericsson       | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |     23014 | NS      | $195158.72    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                    | GoDaddy Inc                           | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |       837 | NS      | $150710.22    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp                  | Carnival Corp                         | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | US        |      4256 | NS      | $119678.72    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                     | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      4782 | NS      | $331775.16    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc           | Dycom Industries Inc                  | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |       736 | NS      | $179871.04    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                 | Morgan Stanley                        | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      2417 | NS      | $340458.62    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Nokia Oyj                      | Nokia Oyj                             | CUSIP: 654902204<br>LEI: 549300A0JPRWG1KI7U06 | Long             | EC               | CORP              | FI        |     40209 | NS      | $208282.62    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Perdoceo Education Corp        | Perdoceo Education Corp               | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |      3810 | NS      | $124548.90    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                     | Qualys Inc                            | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |       896 | NS      | $128011.52    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc | SS&C Technologies Holdings Inc        | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |      2555 | NS      | $211554.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                   | Sanmina Corp                          | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |      1403 | NS      | $137255.49    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The          | Travelers Cos Inc/The                 | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |       607 | NS      | $162396.78    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Technical Institute  | Universal Technical Institute Inc     | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |      5217 | NS      | $176804.13    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinox Gold Corp              | Equinox Gold Corp                     | CUSIP: 29446Y502<br>LEI: 5493005IN4V1SNP9PN75 | Long             | EC               | CORP              | CA        |     19324 | NS      | $111113.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                   | Fortinet Inc                          | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      2361 | NS      | $249604.92    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Holdings Co             | Graham Holdings Co                    | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |       104 | NS      | $98401.68     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T | Hartford Insurance Group Inc/The      | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      1239 | NS      | $157191.93    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Maximus Inc                    | Maximus Inc                           | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |      2270 | NS      | $159354.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                       | Okta Inc                              | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |      1212 | NS      | $121163.64    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas Inc                    | ONE Gas Inc                           | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |      2558 | NS      | $183817.88    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc            | PayPal Holdings Inc                   | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      1750 | NS      | $130060.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                     | Stride Inc                            | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |      1414 | NS      | $205298.66    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank AG               | Deutsche Bank AG                      | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |      8840 | NS      | $258835.20    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technolog | Check Point Software Technologies Ltd | CUSIP: N/A<br>LEI: 2549003ZVBH73EPNS513       | Long             | EC               | CORP              | IL        |      1134 | NS      | $250897.50    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-26

**Name of Applicant:** Managed Portfolio Series

**Signature:** /s/ Benjamin Eirich

**Name of Signer:** Managed Portfolio Series

**Title:** Treasurer