# EDGAR Filing Document

**Accession Number:** 0000804116
**File Stem:** 0001752724-23-030757
**Filing Date:** 2023-2
**Character Count:** 172560
**Document Hash:** faf3f222ff91f043b5d8bd00cf21368c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-030757.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0001752724-23-030757

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230221

**DATE AS OF CHANGE**: 20230221

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ROYCE VALUE TRUST, INC.
- **CENTRAL INDEX KEY:** 0000804116
- **IRS NUMBER:** 133356097
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04875
- **FILM NUMBER:** 23646664

**BUSINESS ADDRESS:**
- **STREET 1:** 745 FIFTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10151
- **BUSINESS PHONE:** 2123557311

**MAIL ADDRESS:**
- **STREET 1:** 745 FIFTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10151

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ROYCE VALUE TRUST INC
- **DATE OF NAME CHANGE:** 19920703

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ROYCE VALUE TRUST, INC.

- **b. Investment Company Act file number:** 811-04875

- **c. CIK number of Registrant:** 0000804116

- **d. LEI of Registrant:** 254900NJE1W1YYKNVM16

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

  - **Street Address 1:** 745 FIFTH AVENUE

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10151

  - **Telephone number:** 212-508-4500

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

- **a. Name of Series:** ROYCE VALUE TRUST, INC.

- **c. LEI of Series:** 254900NJE1W1YYKNVM16

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1644710324.52

**Total Liabilities:** $39343595.67

**Net Assets:** $1605366728.85

**Cash Not Reported:** $42660.44

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 9.45%                | 5.73%                | -4.81%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $46411359.20             | $94626362.86                               |
| Month 2  | $-34391734.22            | $124560072.88                              |
| Month 3  | $-1982569.74             | $-83420355.33                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Tupperware Brands Corp                               | Tupperware Brands Corp                               | CUSIP: 899896104<br>LEI: G8NWFN4YP7CR6FOP4886 | Long             | EC               | CORP              | US        |     37236 | NS      | $154157.04    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Camtek Ltd/Israel                                    | Camtek Ltd/Israel                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     26300 | NS      | $577548.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares Inc                        | Dime Community Bancshares Inc                        | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35315 | NS      | $1124076.45   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| OneWater Marine Inc                                  | OneWater Marine Inc                                  | CUSIP: 68280L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6389 | NS      | $182725.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AdvanSix Inc                                         | AdvanSix Inc                                         | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |     34840 | NS      | $1324616.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Zumiez Inc                                           | Zumiez Inc                                           | CUSIP: 989817101<br>LEI: 549300J0PDF58P6HZD25 | Long             | EC               | CORP              | US        |     47855 | NS      | $1040367.70   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| US Physical Therapy Inc                              | US Physical Therapy Inc                              | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Long             | EC               | CORP              | US        |     45127 | NS      | $3656640.81   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HomeStreet Inc                                       | HomeStreet Inc                                       | CUSIP: 43785V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38348 | NS      | $1057637.84   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| First BanCorp/Puerto Rico                            | First BanCorp/Puerto Rico                            | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |     26105 | NS      | $332055.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                               | Equitable Holdings Inc                               | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     30000 | NS      | $861000.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies Inc                                 | TTM Technologies Inc                                 | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |    248200 | NS      | $3742856.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Inter Parfums Inc                                    | Inter Parfums Inc                                    | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80985 | NS      | $7816672.20   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp                                          | Neogen Corp                                          | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |    104100 | NS      | $1585443.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos                                    | Piper Sandler Cos                                    | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |      6172 | NS      | $803532.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FutureFuel Corp                                      | FutureFuel Corp                                      | CUSIP: 36116M106<br>LEI: 529900WYQZSMWFXLA845 | Long             | EC               | CORP              | US        |    161957 | NS      | $1316710.41   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PGT Innovations Inc                                  | PGT Innovations Inc                                  | CUSIP: 69336V101<br>LEI: 549300LRW9WM59C1S579 | Long             | EC               | CORP              | US        |     22199 | NS      | $398694.04    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanmi Financial Corp                                 | Hanmi Financial Corp                                 | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |    148394 | NS      | $3672751.50   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyline Champion Corp                                | Skyline Champion Corp                                | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17880 | NS      | $920998.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Camping World Holdings Inc                           | Camping World Holdings Inc                           | CUSIP: 13462K109<br>LEI: 549300E828QQI7MWI432 | Long             | EC               | CORP              | US        |    279113 | NS      | $6229802.16   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NetScout Systems Inc                                 | NetScout Systems Inc                                 | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |     96524 | NS      | $3137995.24   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Safety Insurance Group Inc                           | Safety Insurance Group Inc                           | CUSIP: 78648T100<br>LEI: 254900LDCFLA3J746840 | Long             | EC               | CORP              | US        |     35945 | NS      | $3028725.70   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology Inc                                | Alkami Technology Inc                                | CUSIP: 01644J108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129810 | NS      | $1893927.90   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vera Bradley Inc                                     | Vera Bradley Inc                                     | CUSIP: 92335C106<br>LEI: 52990005Q6LEJKXO7M51 | Long             | EC               | CORP              | US        |     39286 | NS      | $177965.58    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kulicke & Soffa Industries Inc                       | Kulicke & Soffa Industries Inc                       | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |     83178 | NS      | $3681458.28   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp                                          | Rogers Corp                                          | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |     23000 | NS      | $2744820.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                            | Teledyne Technologies Inc                            | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      2500 | NS      | $999775.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Colliers International Group Inc                     | Colliers International Group Inc                     | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |    153320 | NS      | $14111572.80  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies Inc                              | Mirion Technologies Inc                              | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |    125000 | NS      | $826250.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Vector Group Ltd                                     | Vector Group Ltd                                     | CUSIP: 92240M108<br>LEI: 549300TUIF4WWN6NDN50 | Long             | EC               | CORP              | US        |     75406 | NS      | $894315.16    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc                          | AMN Healthcare Services Inc                          | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |      6139 | NS      | $631211.98    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fixed Income Clearing Corp                           | FIXED INC CLEARING CORP.REPO                         | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        | 115949427 | PA      | $115949427.48 | 7.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Simulations Plus Inc                                 | Simulations Plus Inc                                 | CUSIP: 829214105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61898 | NS      | $2263609.86   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| P10 Inc                                              | P10 Inc                                              | CUSIP: 69376K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20000 | NS      | $213400.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corp                                            | Pool Corp                                            | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |     15295 | NS      | $4624137.35   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| REX American Resources Corp                          | REX American Resources Corp                          | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35452 | NS      | $1129500.72   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc                                   | Kontoor Brands Inc                                   | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     49406 | NS      | $1975745.94   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Adeia Inc                                            | Adeia Inc                                            | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60163 | NS      | $570345.24    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Brightsphere Investment Group Inc                    | Brightsphere Investment Group Inc                    | CUSIP: 10948W103<br>LEI: 5493004FTLQNQTBOP608 | Long             | EC               | CORP              | US        |     21094 | NS      | $434114.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TimkenSteel Corp                                     | TimkenSteel Corp                                     | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |     73937 | NS      | $1343435.29   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Haverty Furniture Cos Inc                            | Haverty Furniture Cos Inc                            | CUSIP: 419596101<br>LEI: 529900CVFMMIRXZVPD70 | Long             | EC               | CORP              | US        |     20748 | NS      | $620365.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Preformed Line Products Co                           | Preformed Line Products Co                           | CUSIP: 740444104<br>LEI: 549300EYH53XDJID2098 | Long             | EC               | CORP              | US        |     73300 | NS      | $6105157.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage-Crystal Clean Inc                           | Heritage-Crystal Clean Inc                           | CUSIP: 42726M106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114236 | NS      | $3710385.28   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Ltd                                           | Lazard Ltd                                           | CUSIP: 000000000<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | BM        |     56375 | NS      | $1954521.25   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp                                             | VSE Corp                                             | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |     21500 | NS      | $1007920.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                                     | RBC Bearings Inc                                     | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29665 | NS      | $6210367.75   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Children's Place Inc/The                             | Children's Place Inc/The                             | CUSIP: 168905107<br>LEI: 549300BGVK2OO5O7TC19 | Long             | EC               | CORP              | US        |     11811 | NS      | $430156.62    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kelly Services Inc                                   | Kelly Services Inc                                   | CUSIP: 488152208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21346 | NS      | $360747.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare Inc                     | Prestige Consumer Healthcare Inc                     | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56300 | NS      | $3524380.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems Inc                        | Advanced Drainage Systems Inc                        | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |    129388 | NS      | $10605934.36  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Veritiv Corp                                         | Veritiv Corp                                         | CUSIP: 923454102<br>LEI: 529900VQARHWQROHAS58 | Long             | EC               | CORP              | US        |     11200 | NS      | $1363152.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinseo PLC                                          | Trinseo PLC                                          | CUSIP: 000000000<br>LEI: 549300TJ3HIGDA2Z8315 | Long             | EC               | CORP              | IE        |      9621 | NS      | $218492.91    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibraltar Industries Inc                             | Gibraltar Industries Inc                             | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $183520.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| National Beverage Corp                               | National Beverage Corp                               | CUSIP: 635017106<br>LEI: 549300O9MZIQJI8TGV17 | Long             | EC               | CORP              | US        |     17803 | NS      | $828373.59    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERISAFE Inc                                        | AMERISAFE Inc                                        | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |      3177 | NS      | $165108.69    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| National Instruments Corp                            | National Instruments Corp                            | CUSIP: 636518102<br>LEI: 549300TP4OOPCYWDUP86 | Long             | EC               | CORP              | US        |    157250 | NS      | $5802525.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                                        | Repligen Corp                                        | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     57779 | NS      | $9782562.49   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Latinoamericano de Comercio Exterior SA        | Banco Latinoamericano de Comercio Exterior SA        | CUSIP: 000000000<br>LEI: 549300CN3134K4LC0651 | Long             | EC               | CORP              | PA        |     73446 | NS      | $1189825.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Consolidated Inc                           | Coca-Cola Consolidated Inc                           | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |      7172 | NS      | $3674645.92   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimball International Inc                            | Kimball International Inc                            | CUSIP: 494274103<br>LEI: 549300RYF7HKL9SKYG25 | Long             | EC               | CORP              | US        |     74600 | NS      | $484900.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp Inc                                             | Yelp Inc                                             | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |     31707 | NS      | $866869.38    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Miller Industries Inc/TN                             | Miller Industries Inc/TN                             | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |     30660 | NS      | $817395.60    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cutera Inc                                           | Cutera Inc                                           | CUSIP: 232109108<br>LEI: 529900NPKPEWJWR21Z42 | Long             | EC               | CORP              | US        |     21550 | NS      | $952941.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Laboratories NV                                 | Core Laboratories NV                                 | CUSIP: 000000000<br>LEI: 724500MDYY5VBSAF5W50 | Long             | EC               | CORP              | NL        |     10290 | NS      | $208578.30    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Catalyst Pharmaceuticals Inc                         | Catalyst Pharmaceuticals Inc                         | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |     12900 | NS      | $239940.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies Inc                                 | UFP Technologies Inc                                 | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |      1890 | NS      | $222812.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xperi Inc                                            | Xperi Inc                                            | CUSIP: 98423J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1763 | NS      | $15179.43     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| IES Holdings Inc                                     | IES Holdings Inc                                     | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |    333099 | NS      | $11848331.43  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Pason Systems Inc                                    | Pason Systems Inc                                    | CUSIP: 702925108<br>LEI: 984500DC6T2FLR969F65 | Long             | EC               | CORP              | CA        |    306169 | NS      | $3604382.47   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc                                | Customers Bancorp Inc                                | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     40961 | NS      | $1160834.74   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmonic Inc                                         | Harmonic Inc                                         | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |    627710 | NS      | $8223001.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC                              | Cushman & Wakefield PLC                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |     25000 | NS      | $311500.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Harvard Bioscience Inc                               | Harvard Bioscience Inc                               | CUSIP: 416906105<br>LEI: 549300VLGB1D47GGC642 | Long             | EC               | CORP              | US        |    102050 | NS      | $282678.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Management Inc                | Artisan Partners Asset Management Inc                | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |    174930 | NS      | $5195421.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SiteOne Landscape Supply Inc                         | SiteOne Landscape Supply Inc                         | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |     25000 | NS      | $2933000.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc                                 | Tradeweb Markets Inc                                 | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    126240 | NS      | $8196763.20   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MaxLinear Inc                                        | MaxLinear Inc                                        | CUSIP: 57776J100<br>LEI: 549300EMOI0SM2IY4F64 | Long             | EC               | CORP              | US        |    209931 | NS      | $7127157.45   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc                              | ExlService Holdings Inc                              | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |      2840 | NS      | $481181.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomad Foods Ltd                                      | Nomad Foods Ltd                                      | CUSIP: 000000000<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |    143600 | NS      | $2475664.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mesa Laboratories Inc                                | Mesa Laboratories Inc                                | CUSIP: 59064R109<br>LEI: 549300ZCG738WLX8ZW79 | Long             | EC               | CORP              | US        |     41415 | NS      | $6883587.15   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Tel Aviv Stock Exchange Ltd                          | Tel Aviv Stock Exchange Ltd                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |    421179 | NS      | $2516218.32   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvercrest Asset Management Group Inc               | Silvercrest Asset Management Group Inc               | CUSIP: 828359109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4433 | NS      | $83207.41     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd                                            | JFrog Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |    100000 | NS      | $2133000.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp                                  | WSFS Financial Corp                                  | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     10052 | NS      | $455757.68    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Avid Bioservices Inc                                 | Avid Bioservices Inc                                 | CUSIP: 05368M106<br>LEI: 549300GRUS3ZMGP8MX22 | Long             | EC               | CORP              | US        |    178000 | NS      | $2451060.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Trean Insurance Group Inc                            | Trean Insurance Group Inc                            | CUSIP: 89457R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    173685 | NS      | $1042110.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Pharmaceuticals Inc/DE                         | Eagle Pharmaceuticals Inc/DE                         | CUSIP: 269796108<br>LEI: 549300TN20OLYTJVP152 | Long             | EC               | CORP              | US        |     32980 | NS      | $964005.40    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                              | KBR Inc                                              | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |    425800 | NS      | $22482240.00  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corp                        | First American Financial Corp                        | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     23208 | NS      | $1214706.72   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                                       | API Group Corp                                       | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |    575300 | NS      | $10821393.00  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Integrations Inc                               | Power Integrations Inc                               | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Long             | EC               | CORP              | US        |      8655 | NS      | $620736.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc                                           | Belden Inc                                           | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |       221 | NS      | $15889.90     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TMX Group Ltd                                        | TMX Group Ltd                                        | CUSIP: 87262K105<br>LEI: 549300N65GFVKSHGJW59 | Long             | EC               | CORP              | CA        |     38200 | NS      | $3823385.52   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Community Bancorp Inc                       | New York Community Bancorp Inc                       | CUSIP: 649445103<br>LEI: 529900HVXOTLY61GL030 | Long             | EC               | CORP              | US        |    242632 | NS      | $2086635.20   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sleep Number Corp                                    | Sleep Number Corp                                    | CUSIP: 83125X103<br>LEI: 529900W0TZQLBT2DSS66 | Long             | EC               | CORP              | US        |     20237 | NS      | $525757.26    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Movado Group Inc                                     | Movado Group Inc                                     | CUSIP: 624580106<br>LEI: 549300WCGCGPWGHVXM59 | Long             | EC               | CORP              | US        |     45247 | NS      | $1459215.75   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Dun & Bradstreet Holdings Inc                        | Dun & Bradstreet Holdings Inc                        | CUSIP: 26484T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35520 | NS      | $435475.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic Inc                                     | Cirrus Logic Inc                                     | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |     66100 | NS      | $4923128.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                                          | Hawkins Inc                                          | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |     89940 | NS      | $3471684.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Surmodics Inc                                        | Surmodics Inc                                        | CUSIP: 868873100<br>LEI: 549300H76KXCAAGUS878 | Long             | EC               | CORP              | US        |    161000 | NS      | $5493320.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu Inc                                             | Cohu Inc                                             | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |     22650 | NS      | $725932.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Avid Technology Inc                                  | Avid Technology Inc                                  | CUSIP: 05367P100<br>LEI: 549300PQGW3DXKJTQ914 | Long             | EC               | CORP              | US        |    300820 | NS      | $7998803.80   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| PetMed Express Inc                                   | PetMed Express Inc                                   | CUSIP: 716382106<br>LEI: 529900PGHW5ASJ1AZL48 | Long             | EC               | CORP              | US        |     23158 | NS      | $409896.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Laredo Petroleum Inc                                 | Laredo Petroleum Inc                                 | CUSIP: 516806205<br>LEI: 549300X0PTWU2QSLSL14 | Long             | EC               | CORP              | US        |      2320 | NS      | $119294.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen of Troy Ltd                                    | Helen of Troy Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      4148 | NS      | $460054.68    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Medical Holdings Corp                         | Select Medical Holdings Corp                         | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95900 | NS      | $2381197.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Franchise Group Inc                                  | Franchise Group Inc                                  | CUSIP: 35180X105<br>LEI: 549300MWCHSL8BSOMV77 | Long             | EC               | CORP              | US        |     77639 | NS      | $1849360.98   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Forward Air Corp                                     | Forward Air Corp                                     | CUSIP: 349853101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    153300 | NS      | $16079637.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc                  | Applied Industrial Technologies Inc                  | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      2300 | NS      | $289869.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanda Pharmaceuticals Inc                            | Vanda Pharmaceuticals Inc                            | CUSIP: 921659108<br>LEI: 529900AY8VOOQBKJ0O70 | Long             | EC               | CORP              | US        |      5100 | NS      | $37689.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Industries Inc                           | Worthington Industries Inc                           | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |     64300 | NS      | $3196353.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital Inc                                     | InterDigital Inc                                     | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29058 | NS      | $1437789.84   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| QuinStreet Inc                                       | QuinStreet Inc                                       | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |    204154 | NS      | $2929609.90   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristow Group Inc                                    | Bristow Group Inc                                    | CUSIP: 11040G103<br>LEI: 5493005Q24EN3UC1PV68 | Long             | EC               | CORP              | US        |    168564 | NS      | $4573141.32   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical Inc                         | Collegium Pharmaceutical Inc                         | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |     14477 | NS      | $335866.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                                       | Air Lease Corp                                       | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |    134232 | NS      | $5157193.44   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Consensus Cloud Solutions Inc                        | Consensus Cloud Solutions Inc                        | CUSIP: 20848V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45700 | NS      | $2456832.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Levi Strauss & Co                                    | Levi Strauss & Co                                    | CUSIP: 52736R102<br>LEI: MB0UERO0RDFKU8258G77 | Long             | EC               | CORP              | US        |      8229 | NS      | $127714.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries Inc                             | Winnebago Industries Inc                             | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |     11524 | NS      | $607314.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearfield Inc                                       | Clearfield Inc                                       | CUSIP: 18482P103<br>LEI: 529900M4S2OQ1ADPR537 | Long             | EC               | CORP              | US        |      4000 | NS      | $376560.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Co                         | Graphic Packaging Holding Co                         | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11487 | NS      | $255585.75    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Vista Outdoor Inc                                    | Vista Outdoor Inc                                    | CUSIP: 928377100<br>LEI: 549300QI2D33ESTJLN81 | Long             | EC               | CORP              | US        |     22928 | NS      | $558755.36    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Exponent Inc                                         | Exponent Inc                                         | CUSIP: 30214U102<br>LEI: 529900NY3F5Q2NWPUZ42 | Long             | EC               | CORP              | US        |     41400 | NS      | $4102326.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial Inc                                | Triumph Financial Inc                                | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |     65761 | NS      | $3213740.07   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Mobile Mini Holdings Corp                   | WillScot Mobile Mini Holdings Corp                   | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |     84060 | NS      | $3796990.20   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS Inc                                     | Leonardo DRS Inc                                     | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |     24480 | NS      | $312854.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontdoor Inc                                        | Frontdoor Inc                                        | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |     20273 | NS      | $421678.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Aerojet Rocketdyne Holdings Inc                      | Aerojet Rocketdyne Holdings Inc                      | CUSIP: 007800105<br>LEI: 549300VULNLWHE8QWI76 | Long             | EC               | CORP              | US        |     16472 | NS      | $921278.96    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc                        | Lincoln Electric Holdings Inc                        | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |     48100 | NS      | $6949969.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Factory Holding Corp                             | Fox Factory Holding Corp                             | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |      4200 | NS      | $383166.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GCM Grosvenor Inc                                    | GCM Grosvenor Inc                                    | CUSIP: 36831E108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    920665 | NS      | $7006260.65   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                                        | Coherent Corp                                        | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |     87408 | NS      | $3068020.80   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| James River Group Holdings Ltd                       | James River Group Holdings Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      7879 | NS      | $164749.89    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                       | Ameris Bancorp                                       | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     19268 | NS      | $908293.52    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc                                 | Blue Owl Capital Inc                                 | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55900 | NS      | $592540.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group Inc                          | Asbury Automotive Group Inc                          | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |     30474 | NS      | $5462464.50   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| nCino Inc                                            | nCino Inc                                            | CUSIP: 63947X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54712 | NS      | $1446585.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Tejon Ranch Co                                       | Tejon Ranch Co                                       | CUSIP: 879080109<br>LEI: 549300TMNDO77VJ6J111 | Long             | EC               | CORP              | US        |    313818 | NS      | $5912331.12   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| USANA Health Sciences Inc                            | USANA Health Sciences Inc                            | CUSIP: 90328M107<br>LEI: 549300YTURXE814MAH96 | Long             | EC               | CORP              | US        |     19382 | NS      | $1031122.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive Inc                               | Group 1 Automotive Inc                               | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |     13322 | NS      | $2402889.14   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corp                              | Wintrust Financial Corp                              | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     11000 | NS      | $929720.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings Inc                    | Allison Transmission Holdings Inc                    | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |      4268 | NS      | $177548.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial Inc                                   | Axos Financial Inc                                   | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     14848 | NS      | $567490.56    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorian LPG Ltd                                       | Dorian LPG Ltd                                       | CUSIP: 000000000<br>LEI: 549300WP1W2WGMC7F395 | Long             | EC               | CORP              | MH        |    394936 | NS      | $7484037.20   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries Inc                                | Oxford Industries Inc                                | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |      9572 | NS      | $891918.96    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Glatfelter Corp                                      | Glatfelter Corp                                      | CUSIP: 377320106<br>LEI: 549300LDQLQBT38QDY28 | Long             | EC               | CORP              | US        |    210400 | NS      | $584912.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp                                         | Vontier Corp                                         | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |    108760 | NS      | $2102330.80   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| JOANN Inc                                            | JOANN Inc                                            | CUSIP: 47768J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24818 | NS      | $70731.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Communications Parent Inc                   | Frontier Communications Parent Inc                   | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    233020 | NS      | $5937349.60   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                           | Kadant Inc                                           | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |     88958 | NS      | $15801609.54  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennedy-Wilson Holdings Inc                          | Kennedy-Wilson Holdings Inc                          | CUSIP: 489398107<br>LEI: 549300MOI1T78144X610 | Long             | EC               | CORP              | US        |   1082908 | NS      | $17034142.84  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc                                  | Dorman Products Inc                                  | CUSIP: 258278100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     81020 | NS      | $6552087.40   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| First Hawaiian Inc                                   | First Hawaiian Inc                                   | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |    198656 | NS      | $5173002.24   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                                         | Lindsay Corp                                         | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |     78400 | NS      | $12767440.00  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                                           | MasTec Inc                                           | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |     28980 | NS      | $2472863.40   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Junior Gold Miners ETF                        | VanEck Junior Gold Miners ETF                        | CUSIP: 92189F791<br>LEI: 549300P2HS5GYBL1ME59 | Long             | EC               | RF                | US        |    350400 | NS      | $12491760.00  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoe Carnival Inc                                    | Shoe Carnival Inc                                    | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11261 | NS      | $269250.51    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc                                         | Woodward Inc                                         | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |     28500 | NS      | $2753385.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ironwood Pharmaceuticals Inc                         | Ironwood Pharmaceuticals Inc                         | CUSIP: 46333X108<br>LEI: 549300PC8MR6QHH6P296 | Long             | EC               | CORP              | US        |    203774 | NS      | $2524759.86   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Corp                                             | CTS Corp                                             | CUSIP: 126501105<br>LEI: 549300YV1HQLBVHOI649 | Long             | EC               | CORP              | US        |      7568 | NS      | $298330.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp                             | United Therapeutics Corp                             | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |     10000 | NS      | $2780900.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Distribution Solutions Group Inc                     | Distribution Solutions Group Inc                     | CUSIP: 520776105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17853 | NS      | $658061.58    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                                              | AZZ Inc                                              | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     20000 | NS      | $804000.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp                                    | Ralph Lauren Corp                                    | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |    126632 | NS      | $13381203.44  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoCanada Inc                                       | AutoCanada Inc                                       | CUSIP: 05277B209<br>LEI: 549300BPCHUK5M1WZS45 | Long             | EC               | CORP              | CA        |    635100 | NS      | $10933663.96  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp                                  | Addus HomeCare Corp                                  | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |     12172 | NS      | $1210992.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc                              | Comfort Systems USA Inc                              | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |     16444 | NS      | $1892375.52   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                           | Arcosa Inc                                           | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |    174527 | NS      | $9483797.18   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc                                   | Houlihan Lokey Inc                                   | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |     35790 | NS      | $3119456.40   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Bancorp Inc                                   | Origin Bancorp Inc                                   | CUSIP: 68621T102<br>LEI: 54930055DO2Z4KO3NB45 | Long             | EC               | CORP              | US        |      9699 | NS      | $355953.30    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorchester Minerals LP                               | Dorchester Minerals LP                               | CUSIP: 25820R105<br>LEI: 529900J537JTEZOMXG05 | Long             | EC               | CORP              | US        |    279148 | NS      | $8354899.64   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc                         | Watts Water Technologies Inc                         | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |     55000 | NS      | $8042650.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| International General Insurance Holdings Ltd         | International General Insurance Holdings Ltd         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    108653 | NS      | $869224.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Fields Ltd                                      | Gold Fields Ltd                                      | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |    536500 | NS      | $5552775.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| NVE Corp                                             | NVE Corp                                             | CUSIP: 629445206<br>LEI: 5299003C1ATTWX8X0112 | Long             | EC               | CORP              | US        |      3500 | NS      | $226625.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ATS Corp                                             | ATS Corp                                             | CUSIP: 00217Y104<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | EC               | CORP              | CA        |     15150 | NS      | $470947.93    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Materion Corp                                        | Materion Corp                                        | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |     25000 | NS      | $2187750.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| American States Water Co                             | American States Water Co                             | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |     15187 | NS      | $1405556.85   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp                           | Standex International Corp                           | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |     13272 | NS      | $1359185.52   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| STAAR Surgical Co                                    | STAAR Surgical Co                                    | CUSIP: 852312305<br>LEI: 5299006LRHI7OJ8BY308 | Long             | EC               | CORP              | US        |      6250 | NS      | $303375.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap Inc                               | Marcus & Millichap Inc                               | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |    249247 | NS      | $8586559.15   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| American Vanguard Corp                               | American Vanguard Corp                               | CUSIP: 030371108<br>LEI: 529900GWI78WZA5M9783 | Long             | EC               | CORP              | US        |    185961 | NS      | $4037213.31   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hagerty Inc                                          | Hagerty Inc                                          | CUSIP: 405166109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    410700 | NS      | $3453987.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradata Corp                                        | Teradata Corp                                        | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |     24482 | NS      | $824064.12    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc                                       | BankUnited Inc                                       | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |    138828 | NS      | $4715987.16   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Hurco Cos Inc                                        | Hurco Cos Inc                                        | CUSIP: 447324104<br>LEI: XSC5XDOTBYOBQPOG2O82 | Long             | EC               | CORP              | US        |      5700 | NS      | $148941.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Meridian Bioscience Inc                              | Meridian Bioscience Inc                              | CUSIP: 589584101<br>LEI: 549300ELSRZEFFFRX195 | Long             | EC               | CORP              | US        |    167225 | NS      | $5553542.25   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Xometry Inc                                          | Xometry Inc                                          | CUSIP: 98423F109<br>LEI: 5493006JFRGU7YRRXE44 | Long             | EC               | CORP              | US        |      8000 | NS      | $257840.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc                             | Resideo Technologies Inc                             | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |     19226 | NS      | $316267.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries Inc                                 | Cavco Industries Inc                                 | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16834 | NS      | $3808692.50   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries Inc                               | Insteel Industries Inc                               | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |     23849 | NS      | $656324.48    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha & Omega Semiconductor Ltd                      | Alpha & Omega Semiconductor Ltd                      | CUSIP: 000000000<br>LEI: 5493001FE7J03YOV2V35 | Long             | EC               | CORP              | BM        |     12484 | NS      | $356667.88    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Denny's Corp                                         | Denny's Corp                                         | CUSIP: 24869P104<br>LEI: 54930037V56XOULXM917 | Long             | EC               | CORP              | US        |    124910 | NS      | $1150421.10   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc                               | Patrick Industries Inc                               | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |     47355 | NS      | $2869713.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corp                      | Zurn Elkay Water Solutions Corp                      | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |    180660 | NS      | $3820959.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                                      | EMCOR Group Inc                                      | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     28600 | NS      | $4235946.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Diversified Holdings                         | Compass Diversified Holdings                         | CUSIP: 20451Q104<br>LEI: 5299001SM1LBYANJRR58 | Long             | EC               | CORP              | US        |     25319 | NS      | $461565.37    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                                         | Doximity Inc                                         | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     78060 | NS      | $2619693.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc                        | CSG Systems International Inc                        | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |     15546 | NS      | $889231.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd                                  | Signet Jewelers Ltd                                  | CUSIP: 000000000<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |     84789 | NS      | $5765652.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc                             | Ultra Clean Holdings Inc                             | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |     23600 | NS      | $782340.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Technical Institute Inc                    | Universal Technical Institute Inc                    | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |    639032 | NS      | $4294295.04   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Calix Inc                                            | Calix Inc                                            | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |    122750 | NS      | $8399782.50   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp                                 | Ares Management Corp                                 | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |    151700 | NS      | $10382348.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| GMS Inc                                              | GMS Inc                                              | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |     25885 | NS      | $1289073.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX Corp                                            | IMAX Corp                                            | CUSIP: 45245E109<br>LEI: 5493002KS2T1Q0X7VZ21 | Long             | EC               | CORP              | CA        |     17950 | NS      | $263147.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmers & Merchants Bank of Long Beach/Long Beach CA | Farmers & Merchants Bank of Long Beach/Long Beach CA | CUSIP: 308243104<br>LEI: 25490049RRVB8S6CG210 | Long             | EC               | CORP              | US        |       416 | NS      | $3102116.16   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Cano Health Inc                                      | Cano Health Inc                                      | CUSIP: 13781Y111<br>LEI: N/A                  | N/A              | DE               |  | US        |     49999 | NS      | $10999.78     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                                        | MYR Group Inc                                        | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      9489 | NS      | $873652.23    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Golden Entertainment Inc                             | Golden Entertainment Inc                             | CUSIP: 381013101<br>LEI: 549300P8YYCKQVJ0Y638 | Long             | EC               | CORP              | US        |     28074 | NS      | $1049967.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cara Therapeutics Inc                                | Cara Therapeutics Inc                                | CUSIP: 140755109<br>LEI: 549300COVOY41P0GZ881 | Long             | EC               | CORP              | US        |    202300 | NS      | $2172702.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co Inc                         | Simpson Manufacturing Co Inc                         | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |     45300 | NS      | $4016298.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc                                | TransMedics Group Inc                                | CUSIP: 89377M109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61000 | NS      | $3764920.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                            | Axis Capital Holdings Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      8613 | NS      | $466566.21    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AXT Inc                                              | AXT Inc                                              | CUSIP: 00246W103<br>LEI: 549300M2142IVLVIJN37 | Long             | EC               | CORP              | US        |    106100 | NS      | $464718.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholastic Corp                                      | Scholastic Corp                                      | CUSIP: 807066105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39716 | NS      | $1567193.36   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                                         | Sanmina Corp                                         | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     39379 | NS      | $2256022.91   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                                         | SM Energy Co                                         | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     26279 | NS      | $915297.57    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Luna Innovations Inc                                 | Luna Innovations Inc                                 | CUSIP: 550351100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91500 | NS      | $804285.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Aerospace Corp                                  | Park Aerospace Corp                                  | CUSIP: 70014A104<br>LEI: 5299004AG0G7IB636095 | Long             | EC               | CORP              | US        |     56221 | NS      | $753923.61    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilltop Holdings Inc                                 | Hilltop Holdings Inc                                 | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |     38335 | NS      | $1150433.35   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnite Inc                                          | Magnite Inc                                          | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |     31550 | NS      | $334114.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| America's Car-Mart Inc/TX                            | America's Car-Mart Inc/TX                            | CUSIP: 03062T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97500 | NS      | $7045350.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corp/DE                                    | Brunswick Corp/DE                                    | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |    106040 | NS      | $7643363.20   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Hertz Global Holdings Inc                            | Hertz Global Holdings Inc                            | CUSIP: 42806J700<br>LEI: 549300NBK3K85MH1EX16 | Long             | EC               | CORP              | US        |      5000 | NS      | $76950.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Holdings Co                                    | Crane Holdings Co                                    | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |       928 | NS      | $93217.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd                                 | Assured Guaranty Ltd                                 | CUSIP: 000000000<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | BM        |     45900 | NS      | $2857734.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| E2open Parent Holdings Inc                           | E2open Parent Holdings Inc                           | CUSIP: 29788T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $587000.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Country Airlines Holdings Inc                    | Sun Country Airlines Holdings Inc                    | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |     88126 | NS      | $1397678.36   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Territorial Bancorp Inc                              | Territorial Bancorp Inc                              | CUSIP: 88145X108<br>LEI: 5493003VDUGN5KBPTN24 | Long             | EC               | CORP              | US        |        17 | NS      | $408.17       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Thryv Holdings Inc                                   | Thryv Holdings Inc                                   | CUSIP: 886029206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     94004 | NS      | $1786076.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc                                           | Rambus Inc                                           | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |    161110 | NS      | $5770960.20   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                                     | Carlisle Cos Inc                                     | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      2800 | NS      | $659820.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Timberland Bancorp Inc/WA                            | Timberland Bancorp Inc/WA                            | CUSIP: 887098101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    127257 | NS      | $4343281.41   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                                             | RLI Corp                                             | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |     37190 | NS      | $4881931.30   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corp                                       | NewMarket Corp                                       | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |      8000 | NS      | $2488880.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                           | Kirby Corp                                           | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |    133635 | NS      | $8599412.25   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc                                | ESCO Technologies Inc                                | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |     63220 | NS      | $5534278.80   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc                                 | SPX Technologies Inc                                 | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |      7252 | NS      | $476093.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes Inc                                           | Diodes Inc                                           | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |     77350 | NS      | $5889429.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares Inc/NC                     | First Citizens BancShares Inc/NC                     | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |      7524 | NS      | $5705900.64   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Topgolf Callaway Brands Corp                         | Topgolf Callaway Brands Corp                         | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |     30000 | NS      | $592500.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                                     | Badger Meter Inc                                     | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |     10173 | NS      | $1109162.19   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CubicFarm Systems Corp                               | CubicFarm Systems Corp                               | CUSIP: 22968P108<br>LEI: 984500394B703EGF0751 | Long             | EC               | CORP              | CA        |    950000 | NS      | $56129.99     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Dynamics Inc                                 | Douglas Dynamics Inc                                 | CUSIP: 25960R105<br>LEI: 529900CDFLKNQ0QT6580 | Long             | EC               | CORP              | US        |     12047 | NS      | $435619.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies Inc                             | Axcelis Technologies Inc                             | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |     22582 | NS      | $1792107.52   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Home BancShares Inc/AR                               | Home BancShares Inc/AR                               | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18480 | NS      | $421159.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc                                           | Matson Inc                                           | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     11547 | NS      | $721802.97    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports & Outdoors Inc                        | Academy Sports & Outdoors Inc                        | CUSIP: 00402L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90520 | NS      | $4755920.80   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc                                 | Kyndryl Holdings Inc                                 | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |     42819 | NS      | $476147.28    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| IPG Photonics Corp                                   | IPG Photonics Corp                                   | CUSIP: 44980X109<br>LEI: 5493002KZ51CADQ94G15 | Long             | EC               | CORP              | US        |     51100 | NS      | $4837637.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment Inc                                    | AeroVironment Inc                                    | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |      2650 | NS      | $226999.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                           | HEICO Corp                                           | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |     31030 | NS      | $4767449.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Towne Bank/Portsmouth VA                             | Towne Bank/Portsmouth VA                             | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |     11058 | NS      | $341028.72    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp Inc                                    | Eagle Bancorp Inc                                    | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Long             | EC               | CORP              | US        |      5006 | NS      | $220614.42    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Financial Corp/WA                           | Heritage Financial Corp/WA                           | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13449 | NS      | $412077.36    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Magellan Aerospace Corp                              | Magellan Aerospace Corp                              | CUSIP: 558912200<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    893092 | NS      | $6595952.73   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings Inc                                     | NMI Holdings Inc                                     | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |     75756 | NS      | $1583300.40   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Group Inc                           | Independent Bank Group Inc                           | CUSIP: 45384B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     78570 | NS      | $4720485.60   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc                             | Procore Technologies Inc                             | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |     66907 | NS      | $3156672.26   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| E-L Financial Corp Ltd                               | E-L Financial Corp Ltd                               | CUSIP: 268575107<br>LEI: 5493008YS2NMV2UCI287 | Long             | EC               | CORP              | CA        |     21650 | NS      | $14102880.35  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                                         | Innospec Inc                                         | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |    131074 | NS      | $13482271.64  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services Corp                    | Stewart Information Services Corp                    | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |     42871 | NS      | $1831877.83   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Oil and Gas Inc                             | Northern Oil and Gas Inc                             | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     76200 | NS      | $2348484.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc                                  | Silgan Holdings Inc                                  | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |      5385 | NS      | $279158.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Anywhere Real Estate Inc                             | Anywhere Real Estate Inc                             | CUSIP: 75605Y106<br>LEI: 5493004HBTOTE9DI9P12 | Long             | EC               | CORP              | US        |    155514 | NS      | $993734.46    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Genesco Inc                                          | Genesco Inc                                          | CUSIP: 371532102<br>LEI: 549300VY2Q511P1K5P56 | Long             | EC               | CORP              | US        |      5898 | NS      | $271425.96    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group Inc                     | Helix Energy Solutions Group Inc                     | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |    235445 | NS      | $1737584.10   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CompX International Inc                              | CompX International Inc                              | CUSIP: 20563P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    183197 | NS      | $3385480.56   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Major Drilling Group International Inc               | Major Drilling Group International Inc               | CUSIP: 560909103<br>LEI: 549300O1MNHCX2FUBC21 | Long             | EC               | CORP              | CA        |   1662991 | NS      | $12920727.71  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CorVel Corp                                          | CorVel Corp                                          | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3456 | NS      | $502260.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chuy's Holdings Inc                                  | Chuy's Holdings Inc                                  | CUSIP: 171604101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9852 | NS      | $278811.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                                 | Jacobs Solutions Inc                                 | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33500 | NS      | $4022345.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindblad Expeditions Holdings Inc                    | Lindblad Expeditions Holdings Inc                    | CUSIP: 535219109<br>LEI: 549300GSPW24GZE6R597 | Long             | EC               | CORP              | US        |    373700 | NS      | $2877490.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis Inc                                       | Ziff Davis Inc                                       | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |    198390 | NS      | $15692649.00  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Innoviva Inc                                         | Innoviva Inc                                         | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |     91637 | NS      | $1214190.25   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FRP Holdings Inc                                     | FRP Holdings Inc                                     | CUSIP: 30292L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76558 | NS      | $4123413.88   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognex Corp                                          | Cognex Corp                                          | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |    166600 | NS      | $7848526.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares S&P Small-Cap 600 Growth ETF                 | iShares S&P Small-Cap 600 Growth ETF                 | CUSIP: 464287887<br>LEI: 549300EFW54J0I4GU776 | Long             | EC               | RF                | US        |     17700 | NS      | $1912839.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp                            | Albany International Corp                            | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |      6676 | NS      | $658186.84    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc                                       | Littelfuse Inc                                       | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |     23600 | NS      | $5196720.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand Inc                                      | Hillenbrand Inc                                      | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |     27514 | NS      | $1174022.38   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Barings BDC Inc                                      | Barings BDC Inc                                      | CUSIP: 06759L103<br>LEI: 549300GSF4KFZP6ONG49 | Long             | EC               | CORP              | US        |    191594 | NS      | $1561491.10   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Richardson Electronics Ltd/United States             | Richardson Electronics Ltd/United States             | CUSIP: 763165107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    438663 | NS      | $9356681.79   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Progress Software Corp                               | Progress Software Corp                               | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |     23143 | NS      | $1167564.35   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL Environmental Inc                                | GFL Environmental Inc                                | CUSIP: 36168Q104<br>LEI: 549300FYK4MBXWIVZU26 | Long             | EC               | CORP              | CA        |    333510 | NS      | $9748497.30   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor Inc                                       | FormFactor Inc                                       | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |    391312 | NS      | $8698865.76   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                           | Korn Ferry                                           | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     93469 | NS      | $4731400.78   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                                        | Cable One Inc                                        | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |     10875 | NS      | $7741477.50   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank/Los Angeles CA                        | Preferred Bank/Los Angeles CA                        | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |      6988 | NS      | $521444.56    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| National Presto Industries Inc                       | National Presto Industries Inc                       | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7725 | NS      | $528853.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| IAA Inc                                              | IAA Inc                                              | CUSIP: 449253103<br>LEI: 549300PZCOPC5178W747 | Long             | EC               | CORP              | US        |    156930 | NS      | $6277200.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                                         | Ducommun Inc                                         | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |     32334 | NS      | $1615406.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HBT Financial Inc                                    | HBT Financial Inc                                    | CUSIP: 404111106<br>LEI: 549300NTXD4Q6UK5BY66 | Long             | EC               | CORP              | US        |     40400 | NS      | $790628.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Elliman Inc                                  | Douglas Elliman Inc                                  | CUSIP: 25961D105<br>LEI: 549300BXICHPOXA1NO93 | Long             | EC               | CORP              | US        |    262646 | NS      | $1068969.22   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc                                       | Photronics Inc                                       | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |    253315 | NS      | $4263291.45   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Erie Indemnity Co                                    | Erie Indemnity Co                                    | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |     22600 | NS      | $5621072.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings Inc                         | Spectrum Brands Holdings Inc                         | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |      1333 | NS      | $81206.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketWise Inc                                       | MarketWise Inc                                       | CUSIP: 57064P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    500000 | NS      | $840000.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynavax Technologies Corp                            | Dynavax Technologies Corp                            | CUSIP: 268158201<br>LEI: 549300T5URIXWDILX594 | Long             | EC               | CORP              | US        |    111467 | NS      | $1186008.88   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                                         | Agilysys Inc                                         | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |     16600 | NS      | $1313724.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                             | Fabrinet                                             | CUSIP: 000000000<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |     84783 | NS      | $10870876.26  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Helios Technologies Inc                              | Helios Technologies Inc                              | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |     44900 | NS      | $2444356.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp                               | Louisiana-Pacific Corp                               | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |     74010 | NS      | $4381392.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd                              | G-III Apparel Group Ltd                              | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |     45320 | NS      | $621337.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings Inc                                    | YETI Holdings Inc                                    | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |      7898 | NS      | $326266.38    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimball Electronics Inc                              | Kimball Electronics Inc                              | CUSIP: 49428J109<br>LEI: 549300COBYN2GZCBIU87 | Long             | EC               | CORP              | US        |     33875 | NS      | $765236.25    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCROW NEW YORK REIT                                 | ESCROW NEW YORK REIT                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | US        |     15000 | NS      | $166950.00    | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| Liberty Latin America Ltd                            | Liberty Latin America Ltd                            | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | BM        |     73228 | NS      | $556532.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Casinos Inc                                  | Century Casinos Inc                                  | CUSIP: 156492100<br>LEI: 549300H2L4Y24HXY7M50 | Long             | EC               | CORP              | US        |    105711 | NS      | $743148.33    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambarella Inc                                        | Ambarella Inc                                        | CUSIP: 000000000<br>LEI: 254900XN7F4DG0CEKC02 | Long             | EC               | CORP              | KY        |      5100 | NS      | $419373.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Air Worldwide Holdings Inc                     | Atlas Air Worldwide Holdings Inc                     | CUSIP: 049164205<br>LEI: 549300R0A2TUVCYZB465 | Long             | EC               | CORP              | US        |     11647 | NS      | $1174017.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Perdoceo Education Corp                              | Perdoceo Education Corp                              | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |     38076 | NS      | $529256.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                                      | Bio-Techne Corp                                      | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     58132 | NS      | $4817980.16   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcat Inc                                         | Transcat Inc                                         | CUSIP: 893529107<br>LEI: 54930081E40TSSHUOS40 | Long             | EC               | CORP              | US        |     33350 | NS      | $2363514.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                                           | CarMax Inc                                           | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7900 | NS      | $481031.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                                         | ArcBest Corp                                         | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     13397 | NS      | $938325.88    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                                         | Carter's Inc                                         | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |      4250 | NS      | $317092.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 600 Small CapValue ETF                      | SPDR S&P 600 Small CapValue ETF                      | CUSIP: 78464A300<br>LEI: 54930083GEURQVBVY896 | Long             | EC               | RF                | US        |     38900 | NS      | $2887158.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Chico's FAS Inc                                      | Chico's FAS Inc                                      | CUSIP: 168615102<br>LEI: 5299003ESGN5T1MFXY13 | Long             | EC               | CORP              | US        |       746 | NS      | $3670.32      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Newtek Business Services Corp                        | Newtek Business Services Corp                        | CUSIP: 652526203<br>LEI: 549300YLU78IA8GKJ688 | Long             | EC               | CORP              | US        |    272021 | NS      | $4420341.25   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| WATERLOO INVESTMENT HOLDINGS                         | WATERLOO INVESTMENT HOLDINGS                         | CUSIP: 000000000<br>LEI: 213800TZIK14GMV2YL02 | Long             | EC               | CORP              | VG        |   2972000 | NS      | $832160.00    | 0.05%             |  |  |  | No            |                  3 | On Loan: No      |
| UFP Industries Inc                                   | UFP Industries Inc                                   | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     82344 | NS      | $6525762.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulgent Genetics Inc                                 | Fulgent Genetics Inc                                 | CUSIP: 359664109<br>LEI: 549300CL6P01M68QJ404 | Long             | EC               | CORP              | US        |     23209 | NS      | $691164.02    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp                       | Central Pacific Financial Corp                       | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |     47772 | NS      | $968816.16    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| LCI Industries                                       | LCI Industries                                       | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |    109006 | NS      | $10077604.70  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloomin' Brands Inc                                  | Bloomin' Brands Inc                                  | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |     51607 | NS      | $1038332.84   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Allscripts Healthcare Solutions Inc                  | Allscripts Healthcare Solutions Inc                  | CUSIP: 01988P108<br>LEI: Y68YJHVB1GU4TAU3C223 | Long             | EC               | CORP              | US        |     30810 | NS      | $543488.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Esab Corp                                            | Esab Corp                                            | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |    181760 | NS      | $8528179.20   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| GrafTech International Ltd                           | GrafTech International Ltd                           | CUSIP: 384313508<br>LEI: 549300GY32W00XP57351 | Long             | EC               | CORP              | US        |      3191 | NS      | $15189.16     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillman Solutions Corp                               | Hillman Solutions Corp                               | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50000 | NS      | $360500.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                                  | Landstar System Inc                                  | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |     90232 | NS      | $14698792.80  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ACV Auctions Inc                                     | ACV Auctions Inc                                     | CUSIP: 00091G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80800 | NS      | $663368.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc                               | Mueller Industries Inc                               | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     29907 | NS      | $1764513.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PureTech Health PLC                                  | PureTech Health PLC                                  | CUSIP: 000000000<br>LEI: 213800LVPDNO2Z9T9I39 | Long             | EC               | CORP              | GB        |    120100 | NS      | $386944.43    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| B Riley Financial Inc                                | B Riley Financial Inc                                | CUSIP: 05580M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49005 | NS      | $1675971.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| American Equity Investment Life Holding Co           | American Equity Investment Life Holding Co           | CUSIP: 025676206<br>LEI: 549300RK5RZQ740FPL83 | Long             | EC               | CORP              | US        |     38948 | NS      | $1776807.76   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr Cooper Group Inc                                  | Mr Cooper Group Inc                                  | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |     20909 | NS      | $839078.17    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Embecta Corp                                         | Embecta Corp                                         | CUSIP: 29082K105<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | EC               | CORP              | US        |     35438 | NS      | $896227.02    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NeoGenomics Inc                                      | NeoGenomics Inc                                      | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41750 | NS      | $385770.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                                             | LKQ Corp                                             | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |     72200 | NS      | $3856202.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp                              | Magnolia Oil & Gas Corp                              | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107300 | NS      | $2516185.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Fossil Group Inc                                     | Fossil Group Inc                                     | CUSIP: 34988V106<br>LEI: DDMY8YZ6L8UEMS1FDM73 | Long             | EC               | CORP              | US        |     40102 | NS      | $172839.62    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Unisys Corp                                          | Unisys Corp                                          | CUSIP: 909214306<br>LEI: 549300T21W22FIJJOW08 | Long             | EC               | CORP              | US        |    256698 | NS      | $1311726.78   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Instruments Inc                                  | MKS Instruments Inc                                  | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |    200899 | NS      | $17022172.27  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| St Joe Co/The                                        | St Joe Co/The                                        | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |     78800 | NS      | $3045620.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co                                           | Tennant Co                                           | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |     80500 | NS      | $4956385.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Impinj Inc                                           | Impinj Inc                                           | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |     42945 | NS      | $4688735.10   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Tredegar Corp                                        | Tredegar Corp                                        | CUSIP: 894650100<br>LEI: 54930003228ERHCH6K87 | Long             | EC               | CORP              | US        |     34292 | NS      | $350464.24    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Seneca Foods Corp                                    | Seneca Foods Corp                                    | CUSIP: 817070501<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    183460 | NS      | $11181887.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Computer Task Group Inc                              | Computer Task Group Inc                              | CUSIP: 205477102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77010 | NS      | $582195.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bolsa Mexicana de Valores SAB de CV                  | Bolsa Mexicana de Valores SAB de CV                  | CUSIP: 000000000<br>LEI: 894500CS2D6RLGW61A19 | Long             | EC               | CORP              | MX        |   1723106 | NS      | $3336298.94   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Vir Biotechnology Inc                                | Vir Biotechnology Inc                                | CUSIP: 92764N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50934 | NS      | $1289139.54   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TechTarget Inc                                       | TechTarget Inc                                       | CUSIP: 87874R100<br>LEI: 529900YQA5JL2H2VMB84 | Long             | EC               | CORP              | US        |     83600 | NS      | $3683416.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Matterport Inc                                       | Matterport Inc                                       | CUSIP: 577096100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    150000 | NS      | $420000.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Biosciences Holdings Inc                     | Harmony Biosciences Holdings Inc                     | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92224 | NS      | $5081542.40   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacific Premier Bancorp Inc                          | Pacific Premier Bancorp Inc                          | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |     39484 | NS      | $1246115.04   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG Holdings Inc                                    | PROG Holdings Inc                                    | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |     33701 | NS      | $569209.89    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cvent Holding Corp                                   | Cvent Holding Corp                                   | CUSIP: 126677103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $540000.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Driven Brands Holdings Inc                           | Driven Brands Holdings Inc                           | CUSIP: 26210V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    311007 | NS      | $8493601.17   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc                                | Powell Industries Inc                                | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |     58881 | NS      | $2071433.58   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group Inc/The                      | Descartes Systems Group Inc/The                      | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |      6000 | NS      | $417900.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                                           | Azenta Inc                                           | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |    219100 | NS      | $12756002.00  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp                                          | Gentex Corp                                          | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |    199720 | NS      | $5446364.40   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| John B Sanfilippo & Son Inc                          | John B Sanfilippo & Son Inc                          | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Long             | EC               | CORP              | US        |      4500 | NS      | $365940.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shutterstock Inc                                     | Shutterstock Inc                                     | CUSIP: 825690100<br>LEI: 529900G2TDIS56V0LO22 | Long             | EC               | CORP              | US        |     20111 | NS      | $1060251.92   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRCOR International Inc                             | CIRCOR International Inc                             | CUSIP: 17273K109<br>LEI: 5493007701O01N3FQM69 | Long             | EC               | CORP              | US        |    319801 | NS      | $7662431.96   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Stella-Jones Inc                                     | Stella-Jones Inc                                     | CUSIP: 85853F105<br>LEI: 5493007LOVNNLYJ6KZ35 | Long             | EC               | CORP              | CA        |    132350 | NS      | $4742704.58   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp                                 | Quaker Chemical Corp                                 | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |    126189 | NS      | $21060944.10  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ Inc                                             | CBIZ Inc                                             | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Long             | EC               | CORP              | US        |      5100 | NS      | $238935.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Precision Group Inc                           | Vishay Precision Group Inc                           | CUSIP: 92835K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20500 | NS      | $792325.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Co                                      | Hecla Mining Co                                      | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |    321300 | NS      | $1786428.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Upland Software Inc                                  | Upland Software Inc                                  | CUSIP: 91544A109<br>LEI: 549300NS277POYJ63W89 | Long             | EC               | CORP              | US        |    100000 | NS      | $713000.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Point Credit Co Inc                            | Eagle Point Credit Co Inc                            | CUSIP: 269808101<br>LEI: 549300H82HTZTPXB6822 | Long             | EC               | RF                | US        |     42054 | NS      | $425586.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp                               | Webster Financial Corp                               | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    134200 | NS      | $6353028.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                                       | Five Below Inc                                       | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |     29980 | NS      | $5302562.60   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Hackett Group Inc/The                                | Hackett Group Inc/The                                | CUSIP: 404609109<br>LEI: 5K016KLIRB6156644289 | Long             | EC               | CORP              | US        |    298624 | NS      | $6082970.88   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancshares Inc/The                             | First Bancshares Inc/The                             | CUSIP: 318916103<br>LEI: 5493006DL5RXJODMAF36 | Long             | EC               | CORP              | US        |     12634 | NS      | $404414.34    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookline Bancorp Inc                                | Brookline Bancorp Inc                                | CUSIP: 11373M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44248 | NS      | $626109.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interiors Inc                            | Ethan Allen Interiors Inc                            | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62214 | NS      | $1643693.88   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Group Ltd                  | White Mountains Insurance Group Ltd                  | CUSIP: 000000000<br>LEI: 549300N3FL068JERBG02 | Long             | EC               | CORP              | BM        |       920 | NS      | $1301183.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| LSI Industries Inc                                   | LSI Industries Inc                                   | CUSIP: 50216C108<br>LEI: 529900HY42OANH6BVT33 | Long             | EC               | CORP              | US        |    551857 | NS      | $6754729.68   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc                         | MSC Industrial Direct Co Inc                         | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |      2492 | NS      | $203596.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                                          | SiTime Corp                                          | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34898 | NS      | $3546334.76   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ECN Capital Corp                                     | ECN Capital Corp                                     | CUSIP: 26829L107<br>LEI: 549300E2G773NN59KY61 | Long             | EC               | CORP              | CA        |    888800 | NS      | $1824862.63   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp                                | Antero Resources Corp                                | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     73700 | NS      | $2283963.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Onex Corp                                            | Onex Corp                                            | CUSIP: 68272K103<br>LEI: 894500LB8PNE5C7CEN88 | Long             | EC               | CORP              | CA        |     12700 | NS      | $612395.13    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanex Building Products Corp                        | Quanex Building Products Corp                        | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               | CORP              | US        |     21847 | NS      | $517336.96    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Liquidity Services Inc                               | Liquidity Services Inc                               | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |     32119 | NS      | $451593.14    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FARO Technologies Inc                                | FARO Technologies Inc                                | CUSIP: 311642102<br>LEI: 529900MFEFNOFP3YR823 | Long             | EC               | CORP              | US        |    259767 | NS      | $7639747.47   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Warrior Met Coal Inc                                 | Warrior Met Coal Inc                                 | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               | CORP              | US        |     34529 | NS      | $1196084.56   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Atrion Corp                                          | Atrion Corp                                          | CUSIP: 049904105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1882 | NS      | $1052884.90   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Certara Inc                                          | Certara Inc                                          | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    239925 | NS      | $3855594.75   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc                                | Lantheus Holdings Inc                                | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     74800 | NS      | $3811808.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Communications Holdings Inc                   | Cogent Communications Holdings Inc                   | CUSIP: 19239V302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59784 | NS      | $3412470.72   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERTEC Inc                                          | EVERTEC Inc                                          | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |     38344 | NS      | $1241578.72   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc                               | Digi International Inc                               | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     38250 | NS      | $1398037.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Monarch Casino & Resort Inc                          | Monarch Casino & Resort Inc                          | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |     11171 | NS      | $858938.19    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                                          | Moelis & Co                                          | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     21000 | NS      | $805770.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc                            | Minerals Technologies Inc                            | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |    205481 | NS      | $12476806.32  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions Inc                    | Donnelley Financial Solutions Inc                    | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |     34548 | NS      | $1335280.20   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp                                     | Haemonetics Corp                                     | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |     99607 | NS      | $7834090.55   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprout Social Inc                                    | Sprout Social Inc                                    | CUSIP: 85209W109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $451680.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Pipe Co                                    | Northwest Pipe Co                                    | CUSIP: 667746101<br>LEI: 54930056VW2CRCZ9RE54 | Long             | EC               | CORP              | US        |      8049 | NS      | $271251.30    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MarineMax Inc                                        | MarineMax Inc                                        | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |     40691 | NS      | $1270373.02   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                           | HEICO Corp                                           | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |     36533 | NS      | $4378480.05   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc                             | Builders FirstSource Inc                             | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     46625 | NS      | $3025030.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Integer Holdings Corp                                | Integer Holdings Corp                                | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |     75700 | NS      | $5182422.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group Inc                        | Healthcare Services Group Inc                        | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |     21801 | NS      | $261612.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Capital Group Inc                             | Encore Capital Group Inc                             | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |     52187 | NS      | $2501844.78   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                                          | Enovis Corp                                          | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    277860 | NS      | $14871067.20  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwestern Energy Co                               | Southwestern Energy Co                               | CUSIP: 845467109<br>LEI: EFWMP121W54QV9MGOP87 | Long             | EC               | CORP              | US        |    430924 | NS      | $2520905.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENXBIO Inc                                        | REGENXBIO Inc                                        | CUSIP: 75901B107<br>LEI: 549300EOES47LATSET33 | Long             | EC               | CORP              | US        |     78718 | NS      | $1785324.24   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| John Bean Technologies Corp                          | John Bean Technologies Corp                          | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |    138241 | NS      | $12625550.53  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Enterprises Inc                               | Apogee Enterprises Inc                               | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |     12750 | NS      | $566865.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| indie Semiconductor Inc                              | indie Semiconductor Inc                              | CUSIP: 45569U101<br>LEI: 254900L1MFXFYGB1PV53 | Long             | EC               | CORP              | US        |      8000 | NS      | $46640.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Virginia National Bankshares Corp                    | Virginia National Bankshares Corp                    | CUSIP: 928031103<br>LEI: 5493005LXSLNF92BF097 | Long             | EC               | CORP              | US        |    108540 | NS      | $3979076.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Enova International Inc                              | Enova International Inc                              | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |     49229 | NS      | $1888916.73   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Stevanato Group SpA                                  | Stevanato Group SpA                                  | CUSIP: 000000000<br>LEI: 81560033F7E1CD477507 | Long             | EC               | CORP              | IT        |    464456 | NS      | $8346274.32   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Aerogels Inc                                   | Aspen Aerogels Inc                                   | CUSIP: 04523Y105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46400 | NS      | $547056.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| 1-800-Flowers.com Inc                                | 1-800-Flowers.com Inc                                | CUSIP: 68243Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76000 | NS      | $726560.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc                                       | Murphy USA Inc                                       | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |     31586 | NS      | $8829550.44   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Brady Corp                                           | Brady Corp                                           | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |     40396 | NS      | $1902651.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| IAMGOLD Corp                                         | IAMGOLD Corp                                         | CUSIP: 450913108<br>LEI: 254900E7II30XAB9LA72 | Long             | EC               | CORP              | CA        |    500000 | NS      | $1290000.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold Inc                                      | Alamos Gold Inc                                      | CUSIP: 011532108<br>LEI: 549300TDOX73YGYXE959 | Long             | EC               | CORP              | CA        |   2195500 | NS      | $22198223.78  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Health Systems Inc                         | Community Health Systems Inc                         | CUSIP: 203668108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    197636 | NS      | $853787.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products Inc                      | Installed Building Products Inc                      | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |     17206 | NS      | $1472833.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| QuidelOrtho Corp                                     | QuidelOrtho Corp                                     | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |    105700 | NS      | $9055319.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherus Biosciences Inc                              | Coherus Biosciences Inc                              | CUSIP: 19249H103<br>LEI: 5493007IL8W5MV932D26 | Long             | EC               | CORP              | US        |    106700 | NS      | $845064.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ritchie Bros Auctioneers Inc                         | Ritchie Bros Auctioneers Inc                         | CUSIP: 767744105<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |     52300 | NS      | $3024509.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd                                    | FTAI Aviation Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     93244 | NS      | $1596337.28   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sylvamo Corp                                         | Sylvamo Corp                                         | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |     39696 | NS      | $1928828.64   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide Inc                             | Wolverine World Wide Inc                             | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |     35165 | NS      | $384353.45    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                                         | Freshpet Inc                                         | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |     33000 | NS      | $1741410.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Extreme Networks Inc                                 | Extreme Networks Inc                                 | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |     85012 | NS      | $1556569.72   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SunCoke Energy Inc                                   | SunCoke Energy Inc                                   | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |      6880 | NS      | $59374.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstService Corp                                    | FirstService Corp                                    | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |    104955 | NS      | $12862235.25  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Motor Products Inc                          | Standard Motor Products Inc                          | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |      2400 | NS      | $83520.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sapiens International Corp NV                        | Sapiens International Corp NV                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     74981 | NS      | $1385648.88   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc                               | Valmont Industries Inc                               | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |     58261 | NS      | $19265164.87  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Celsius Holdings Inc                                 | Celsius Holdings Inc                                 | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4500 | NS      | $468180.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                                 | Chart Industries Inc                                 | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |     28110 | NS      | $3239115.30   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Steven Madden Ltd                                    | Steven Madden Ltd                                    | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     39968 | NS      | $1277377.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| J G Boswell Co                                       | J G Boswell Co                                       | CUSIP: 101205102<br>LEI: 549300F07JHRNLXLEC77 | Long             | EC               | CORP              | US        |      3940 | NS      | $3388400.00   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Lattice Semiconductor Corp                           | Lattice Semiconductor Corp                           | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |     58610 | NS      | $3802616.80   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Varex Imaging Corp                                   | Varex Imaging Corp                                   | CUSIP: 92214X106<br>LEI: 549300CWYWPVCT8E9W67 | Long             | EC               | CORP              | US        |     12504 | NS      | $253831.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                                      | Morningstar Inc                                      | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |      4142 | NS      | $897115.78    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycor HCM Inc                                       | Paycor HCM Inc                                       | CUSIP: 70435P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60800 | NS      | $1487776.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ProAssurance Corp                                    | ProAssurance Corp                                    | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |    216559 | NS      | $3783285.73   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| World Fuel Services Corp                             | World Fuel Services Corp                             | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |     50913 | NS      | $1391452.29   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Haynes International Inc                             | Haynes International Inc                             | CUSIP: 420877201<br>LEI: 549300I9MS5UZLRFDO40 | Long             | EC               | CORP              | US        |    113900 | NS      | $5204091.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                                           | Atkore Inc                                           | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |      3900 | NS      | $442338.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SMART Global Holdings Inc                            | SMART Global Holdings Inc                            | CUSIP: 000000000<br>LEI: 529900RDGHQY8XKXPN14 | Long             | EC               | CORP              | KY        |     68769 | NS      | $1023282.72   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalBridge Group Inc                              | DigitalBridge Group Inc                              | CUSIP: 25401T603<br>LEI: 549300XG87L902AGBO89 | Long             | EC               | CORP              | US        |    524197 | NS      | $5734715.18   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                                     | Boise Cascade Co                                     | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |      7127 | NS      | $489411.09    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                                             | AAON Inc                                             | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5900 | NS      | $444388.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Corcept Therapeutics Inc                             | Corcept Therapeutics Inc                             | CUSIP: 218352102<br>LEI: 529900EO9LUTFMZ7FF90 | Long             | EC               | CORP              | US        |    256066 | NS      | $5200700.46   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Technologies Inc                              | Hudson Technologies Inc                              | CUSIP: 444144109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51617 | NS      | $522364.04    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of NT Butterfield & Son Ltd/The                 | Bank of NT Butterfield & Son Ltd/The                 | CUSIP: 000000000<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               | CORP              | BM        |    238212 | NS      | $7101099.72   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                                           | Stride Inc                                           | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |     13710 | NS      | $428848.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprott Inc                                           | Sprott Inc                                           | CUSIP: 852066208<br>LEI: 254900QHJAD5TP2JNM15 | Long             | EC               | CORP              | CA        |    256480 | NS      | $8531653.77   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Steel & Aluminum Co                         | Reliance Steel & Aluminum Co                         | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     18300 | NS      | $3704652.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Zynex Inc                                            | Zynex Inc                                            | CUSIP: 98986M103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73698 | NS      | $1025139.18   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bioventus Inc                                        | Bioventus Inc                                        | CUSIP: 09075A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50000 | NS      | $130500.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chase Corp                                           | Chase Corp                                           | CUSIP: 16150R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49829 | NS      | $4298249.54   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor & Decor Holdings Inc                           | Floor & Decor Holdings Inc                           | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |     71910 | NS      | $5007093.30   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOL Energy Inc                                    | CONSOL Energy Inc                                    | CUSIP: 20854L108<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |      8092 | NS      | $525980.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Loyalty Ventures Inc                                 | Loyalty Ventures Inc                                 | CUSIP: 54911Q107<br>LEI: 549300Q3YKVWNY6JIJ44 | Long             | EC               | CORP              | US        |     36105 | NS      | $87013.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc                                  | Onto Innovation Inc                                  | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     90030 | NS      | $6130142.70   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                                | Element Solutions Inc                                | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    974615 | NS      | $17728246.85  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PAR Technology Corp                                  | PAR Technology Corp                                  | CUSIP: 698884103<br>LEI: 549300HYPTHBJQINVG57 | Long             | EC               | CORP              | US        |    315239 | NS      | $8218280.73   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| RenaissanceRe Holdings Ltd                           | RenaissanceRe Holdings Ltd                           | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |     22823 | NS      | $4204681.29   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Forrester Research Inc                               | Forrester Research Inc                               | CUSIP: 346563109<br>LEI: 549300UUSFXYLJ80Z897 | Long             | EC               | CORP              | US        |    274532 | NS      | $9817264.32   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                                   | SEI Investments Co                                   | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |    308900 | NS      | $18008870.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercer International Inc                             | Mercer International Inc                             | CUSIP: 588056101<br>LEI: 549300Z5IAG39VRTY874 | Long             | EC               | CORP              | US        |     42142 | NS      | $490532.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                                  | CSW Industrials Inc                                  | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |     40900 | NS      | $4741537.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Newcrest Mining Ltd                                  | Newcrest Mining Ltd                                  | CUSIP: 000000000<br>LEI: 5299006MN50OZJUJI655 | Long             | EC               | CORP              | AU        |     33909 | NS      | $474325.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Repay Holdings Corp                                  | Repay Holdings Corp                                  | CUSIP: 76029L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    130856 | NS      | $1053390.80   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cars.com Inc                                         | Cars.com Inc                                         | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |    173431 | NS      | $2388144.87   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Wire Corp                                     | Encore Wire Corp                                     | CUSIP: 292562105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33399 | NS      | $4594366.44   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-18

**Name of Applicant:** ROYCE VALUE TRUST, INC.

**Signature:** John Schwartz

**Name of Signer:** John Schwartz

**Title:** Associate General Counsel