# EDGAR Filing Document

**Accession Number:** 0000802716
**File Stem:** 0001752724-23-041040
**Filing Date:** 2023-2
**Character Count:** 85109
**Document Hash:** c731836c5b9f078ce612e85b33797d8a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041040.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041040

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VICTORY PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000802716
- **IRS NUMBER:** 316364605
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04852
- **FILM NUMBER:** 23670831

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 6144708000

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SOCIETY FUNDS
- **DATE OF NAME CHANGE:** 19940906

## Series and Classes Contracts Data

### Victory Trivalent International Small-Cap Fund (Series ID: S000046400)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000144999 | Class A      | MISAX           |
| C000145000 | Class C      | MCISX           |
| C000145001 | Class I      | MISIX           |
| C000145002 | Class R6     | MSSIX           |
| C000145003 | Class Y      | MYSIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios

- **b. Investment Company Act file number:** 811-04852

- **c. CIK number of Registrant:** 0000802716

- **d. LEI of Registrant:** 549300V07N3HJP1EW330

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

  - **Street Address 1:** 4900 Tiedeman Road 4th Floor

  - **City:** Brooklyn

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 44144

  - **Telephone number:** 800-539-3863

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

- **a. Name of Series:** Victory Trivalent International Small-Cap Fund

- **b. EDGAR series identifier (if any):** S000046400

- **c. LEI of Series:** 549300SB9TZ2GU9C2Q92

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

- **a. Date of fiscal year-end:** 2023-06-30

- **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:** $2772005667.96

**Total Liabilities:** $54365342.18

**Net Assets:** $2717640325.78

**Cash Not Reported:** $27541202.38

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000144999 | 5.63%                | 11.78%               | -1.53%               |
| Class ID C000145001 | 5.67%                | 11.74%               | -1.42%               |
| Class ID C000145003 | 5.70%                | 11.73%               | -1.43%               |
| Class ID C000145000 | 5.57%                | 11.72%               | -1.52%               |
| Class ID C000145002 | 5.73%                | 11.78%               | -1.42%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-16196573.66            | $152055326.13                              |
| Month 2  | $-44259916.03            | $339479107.94                              |
| Month 3  | $-52758112.44            | $8961166.49                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Wihlborgs Fastigheter AB                                 | WIHLBORGS FASTIGHETER AB                         | CUSIP: N/A<br>LEI: 549300RC1YDJPITF8X06       | Long             | EC               | CORP              | SE        |   1120132 | NS      | $8463515.08   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| AIXTRON SE                                               | AIXTRON SE                                       | CUSIP: N/A<br>LEI: 5299004UJ4D51M25LD67       | Long             | EC               | CORP              | DE        |    528458 | NS      | $15203286.87  | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| ELDERS LIMITED                                           | ELDERS LTD                                       | CUSIP: N/A<br>LEI: 254900Y0SQG962QL6549       | Long             | EC               | CORP              | AU        |   1647060 | NS      | $11303287.64  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXANS SA                                                | NEXANS SA                                        | CUSIP: N/A<br>LEI: 96950015FU78G84UIV14       | Long             | EC               | CORP              | FR        |    139841 | NS      | $12655104.82  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| The Descartes Systems Group Inc.                         | DESCARTES SYSTEMS GROUP INC THE                  | CUSIP: 249906108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    187345 | NS      | $13062117.41  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Daido Steel Co., Ltd.                                    | DAIDO STEEL CO LTD                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    309100 | NS      | $10073612.51  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| TOYO SUISAN KAISHA, LTD.                                 | TOYO SUISAN KAISHA LTD                           | CUSIP: 892306101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    241600 | NS      | $9309292.76   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| PERION NETWORK LTD                                       | PERION NETWORK LTD                               | CUSIP: M78673114<br>LEI: 529900SL7HYNVD6HG708 | Long             | EC               | CORP              | IL        |    842610 | NS      | $21318033.00  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| TOKYOTOKEIBA CO.,LTD.                                    | TOKYOTOKEIBA CO LTD                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    270700 | NS      | $7753958.51   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| OCI N.V.                                                 | OCI N V                                          | CUSIP: N/A<br>LEI: 549300NCMRGIBJYUOE57       | Long             | EC               | CORP              | NL        |    398762 | NS      | $14254697.34  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| LOTTE CHILSUNG BEVERAGE CO.,LTD                          | LOTTE CHILSUNG BEVERAGE CO LTD                   | CUSIP: N/A<br>LEI: 9884007VHCK33CNXZA95       | Long             | EC               | CORP              | KR        |     86628 | NS      | $12136292.96  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| JYSKE BANK A/S                                           | JYSKE BANK A S                                   | CUSIP: N/A<br>LEI: 3M5E1GQGKL17HI6CPN30       | Long             | EC               | CORP              | DK        |    233996 | NS      | $15175348.15  | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| USHIO INC.                                               | USHIO INC                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    854800 | NS      | $10482942.16  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| IG GROUP HOLDINGS PLC                                    | IG GROUP HOLDINGS PLC                            | CUSIP: N/A<br>LEI: 2138003A5Q1M7ANOUD76       | Long             | EC               | CORP              | GB        |   1283231 | NS      | $12088437.16  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| SUZUKEN CO.,LTD.                                         | SUZUKEN CO LTD AICHI JAPAN                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    458900 | NS      | $12417815.94  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| ASMPT Limited                                            | ASMPT LTD                                        | CUSIP: N/A<br>LEI: 529900PYFA1HFYKPT360       | Long             | EC               | CORP              | KY        |   1074300 | NS      | $7630329.17   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| CORPORACION ACCIONA ENERGIAS RENOVABLES SA               | CORP ACCIONA ENERGIAS RENOVABLES SA              | CUSIP: N/A<br>LEI: 254900UPX0OEHTKB9Y44       | Long             | EC               | CORP              | ES        |    283578 | NS      | $10956067.59  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| PAREX RESOURCES INC.                                     | PAREX RESOURCES INC                              | CUSIP: 69946Q104<br>LEI: 549300U7LWRGTY6XWK67 | Long             | EC               | CORP              | CA        |    998116 | NS      | $14855988.62  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| INCITEC PIVOT LIMITED                                    | INCITEC PIVOT LTD                                | CUSIP: N/A<br>LEI: 254900UW2F3BKV6Z9V18       | Long             | EC               | CORP              | AU        |   5599733 | NS      | $14251621.61  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| TechnoPro Holdings, Inc.                                 | TECHNOPRO HOLDINGS INC                           | CUSIP: N/A<br>LEI: 3538001DJ8I5PJQNHU53       | Long             | EC               | CORP              | JP        |    495600 | NS      | $13196501.78  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Tecan Group AG                                           | TECAN GROUP AG                                   | CUSIP: N/A<br>LEI: 529900CSN9R3BLETSL26       | Long             | EC               | CORP              | CH        |     38288 | NS      | $17143921.94  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| MINES AGNICO EAGLE LIMITEE                               | AGINCO EAGLE MINES LTD                           | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |         1 | NS      | $51.97        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SPAREBANKEN VEST                                         | SPAREBANKEN VEST                                 | CUSIP: N/A<br>LEI: 213800M7T3CYVZ3ZRT12       | Long             | EC               | CORP              | NO        |    766809 | NS      | $7247566.46   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Nissui Corporation                                       | NISSUI CORP                                      | CUSIP: N/A<br>LEI: 529900MPH5BMANQ3EC50       | Long             | EC               | CORP              | JP        |   2184600 | NS      | $9100278.63   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| HYSAN DEVELOPMENT COMPANY LIMITED                        | HYSAN DEVELOPMENT CO LTD                         | CUSIP: N/A<br>LEI: 5299007BABFLKIH9HL03       | Long             | EC               | CORP              | HK        |   3449000 | NS      | $11169960.47  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Gerresheimer AG                                          | GERRESHEIMER AG                                  | CUSIP: N/A<br>LEI: 5299006GD4UWSYZOKC28       | Long             | EC               | CORP              | DE        |    229491 | NS      | $15349702.47  | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| OSB GROUP PLC                                            | OSB GROUP PLC                                    | CUSIP: N/A<br>LEI: 213800ZBKL9BHSL2K459       | Long             | EC               | CORP              | GB        |   2878203 | NS      | $16638312.94  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| HK INNO N CORP                                           | HK INNO N CORP                                   | CUSIP: Y166C3102<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    297684 | NS      | $8770798.49   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| ISS A/S                                                  | ISS A S                                          | CUSIP: N/A<br>LEI: 213800LEZA58SZNCBN19       | Long             | EC               | CORP              | DK        |    526970 | NS      | $11155960.41  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| LANXESS Aktiengesellschaft                               | LANXESS AG                                       | CUSIP: N/A<br>LEI: 529900PTLRE72EMYIJ77       | Long             | EC               | CORP              | DE        |    258822 | NS      | $10384193.27  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| AEON Financial Service Co., Ltd.                         | AEON FINANCIAL SERVICE CO LTD                    | CUSIP: N/A<br>LEI: 35380044PRFENBU7WT74       | Long             | EC               | CORP              | JP        |   1124500 | NS      | $11888411.27  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Mebuki Financial Group, Inc.                             | MEBUKI FINANCIAL GROUP INC                       | CUSIP: N/A<br>LEI: 353800K1RXV3E3JAE812       | Long             | EC               | CORP              | JP        |   3882800 | NS      | $9868963.31   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND           | GLDMN SCHS FIN SQ GV-FST                         | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  12712751 | NS      | $12712751.25  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SHINKO ELECTRIC INDUSTRIES CO., LTD.                     | SHINKO ELECTRIC INDUSTRIES CO LTD                | CUSIP: N/A<br>LEI: 549300627MZ4832XWF51       | Long             | EC               | CORP              | JP        |    866600 | NS      | $22058659.59  | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| AutoCanada Inc.                                          | AUTOCANADA INC                                   | CUSIP: 05277B209<br>LEI: 549300BPCHUK5M1WZS45 | Long             | EC               | CORP              | CA        |    372048 | NS      | $6405997.10   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fugro N.V.                                               | FUGRO NV                                         | CUSIP: N/A<br>LEI: 7245000R8GNBSDTSZ396       | Long             | EC               | CORP              | NL        |   1009879 | NS      | $12122955.19  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| INCHCAPE PLC                                             | INCHCAPE PLC                                     | CUSIP: N/A<br>LEI: 213800RGEH1MPPNM2T57       | Long             | EC               | CORP              | GB        |   1618667 | NS      | $15978161.18  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Accommodations Fund Inc.                          | NIPPON ACCOMMODATIONS FUND INC                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      2090 | NS      | $9590036.19   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Loomis AB                                                | LOOMIS AB                                        | CUSIP: N/A<br>LEI: 213800NS2XXVRYS7WP40       | Long             | EC               | CORP              | SE        |    269699 | NS      | $7396545.57   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Pfandbriefbank AG                               | DEUTSCHE PFANDBRIEFBANK AG                       | CUSIP: N/A<br>LEI: DZZ47B9A52ZJ6LT6VV95       | Long             | EC               | CORP              | DE        |   1437633 | NS      | $11136078.76  | 0.41%             |  |  |  | Yes           |                  2 | On Loan: No      |
| QINETIQ GROUP PLC                                        | QINETIQ GROUP PLC                                | CUSIP: N/A<br>LEI: 213800S8OBDOZMCMUW34       | Long             | EC               | CORP              | GB        |   2458729 | NS      | $10570813.11  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Tatemono Co., Ltd.                                 | TOKYO TATEMONO CO LTD                            | CUSIP: N/A<br>LEI: 529900RQA4JTW1869J86       | Long             | EC               | CORP              | JP        |    707200 | NS      | $8562917.48   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Pharming Group N.V.                                      | PHARMING GROUP NV                                | CUSIP: N/A<br>LEI: 724500DCJ9MPG74JEH91       | Long             | EC               | CORP              | NL        |   8318501 | NS      | $9682033.40   | 0.36%             |  |  |  | No            |                  2 | On Loan: —       |
| CKD Corporation                                          | CKD CORP                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    722400 | NS      | $10236533.02  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| SERCO GROUP PLC                                          | SERCO GROUP PLC                                  | CUSIP: N/A<br>LEI: 549300PT2CIHYN5GWJ21       | Long             | EC               | CORP              | GB        |   8045731 | NS      | $15099881.43  | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| CANFOR CORPORATION                                       | CANFOR CORP                                      | CUSIP: 137576104<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    600382 | NS      | $9450539.53   | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| IPSEN SA                                                 | IPSEN SA                                         | CUSIP: N/A<br>LEI: 549300M6SGDPB4Z94P11       | Long             | EC               | CORP              | FR        |     88226 | NS      | $9488288.25   | 0.35%             |  |  |  | No            |                  2 | On Loan: —       |
| OSSTEMIMPLANT.CO.,Ltd                                    | OSSTEM IMPLANT CO LTD                            | CUSIP: N/A<br>LEI: 9884004U916KOXY14B53       | Long             | EC               | CORP              | KR        |    120977 | NS      | $13237330.10  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLKEM LIMITED                                           | ALLKEM LTD                                       | CUSIP: N/A<br>LEI: 2138006SR6M416DVKM86       | Long             | EC               | CORP              | AU        |   2687768 | NS      | $20357200.35  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                     | HSBC US GOVT MMKT-I                              | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  12712751 | NS      | $12712751.25  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyo Tire Corporation                                    | TOYO TIRE CORP                                   | CUSIP: N/A<br>LEI: 529900Y41RD7VQM9RF75       | Long             | EC               | CORP              | JP        |   1053900 | NS      | $11863678.58  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| ENDEAVOUR MINING PLC                                     | ENDEAVOUR MINING PLC                             | CUSIP: N/A<br>LEI: 529900NI5MXQ91GHXR07       | Long             | EC               | CORP              | GB        |    647745 | NS      | $13865896.07  | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Acerinox, S.A.                                           | ACERINOX SA                                      | CUSIP: N/A<br>LEI: 95980020140005582721       | Long             | EC               | CORP              | ES        |   1331378 | NS      | $13159227.01  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| H.U. Group Holdings, Inc.                                | MIRACA HOLDINGS INC                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    592400 | NS      | $12940844.84  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| WHITECAP RESOURCES INC.                                  | WHITECAP RESOURCES INC                           | CUSIP: 96467A200<br>LEI: 5493004AMPGZA0JO5Q37 | Long             | EC               | CORP              | CA        |   1870485 | NS      | $14838978.36  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexatronic Group AB                                      | HEXATRONIC GROUP AB                              | CUSIP: N/A<br>LEI: 2138001VSY1B4U9JLM82       | Long             | EC               | CORP              | SE        |    539493 | NS      | $7353689.92   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Avanza Bank Holding AB                                   | AVANZA BANK HOLDING AB                           | CUSIP: N/A<br>LEI: 549300MBWR5H8SIJLE03       | Long             | EC               | CORP              | SE        |    509512 | NS      | $10939929.16  | 0.40%             |  |  |  | No            |                  2 | On Loan: —       |
| Boardwalk Real Estate Investment Trust                   | BOARDWALK REAL ESTATE INVEST                     | CUSIP: 096631106<br>LEI: 549300RMNRTTJRCOYW23 | Long             |  | CORP              | CA        |    429552 | NS      | $15683819.88  | 0.58%             |  |  |  | No            |                  1 | On Loan: —       |
| APPLUS SERVICES, S.A.                                    | APPLUS SERVICES SA                               | CUSIP: N/A<br>LEI: 213800M9XCA6NR98E873       | Long             | EC               | CORP              | ES        |   1161606 | NS      | $7995635.62   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                    | INVESCO GVT & AGNCY-INST                         | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  12712751 | NS      | $12712751.25  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TransAlta Corporation                                    | TRANSALTA CORP                                   | CUSIP: 89346D107<br>LEI: GJZNVO2UY6DNFNIYH321 | Long             | EC               | CORP              | CA        |    928242 | NS      | $8303302.28   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| KOMERI CO.,LTD.                                          | KOMERI CO LTD                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    439900 | NS      | $9119612.02   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPUTACENTER PLC                                        | COMPUTACENTER PLC                                | CUSIP: N/A<br>LEI: 549300XSXUZ1I19DB105       | Long             | EC               | CORP              | GB        |    628009 | NS      | $14580945.28  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp.                           | ELEMENT FINANCIAL CORP                           | CUSIP: 286181201<br>LEI: 5493000PGBS1C22ELQ16 | Long             | EC               | CORP              | CA        |   1345105 | NS      | $18331501.88  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Dentium Co Ltd                                           | DENTIUM CO LTD                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    171228 | NS      | $13584310.54  | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Galenica AG                                              | GALENICA AG                                      | CUSIP: N/A<br>LEI: 506700W4772BD8016Z20       | Long             | EC               | CORP              | CH        |    234669 | NS      | $19151899.62  | 0.70%             |  |  |  | Yes           |                  2 | On Loan: No      |
| 4imprint Group PLC                                       | 4IMPRINT GROUP PLC                               | CUSIP: N/A<br>LEI: 213800G95T751RN2CT94       | Long             | EC               | CORP              | GB        |    223370 | NS      | $11573700.87  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Trelleborg AB                                            | TRELLEBORG AB                                    | CUSIP: N/A<br>LEI: 213800XY16PAWG2PAD14       | Long             | EC               | CORP              | SE        |    539943 | NS      | $12478818.39  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanwa Holdings Corporation                               | SANWA HOLDINGS CORP                              | CUSIP: N/A<br>LEI: 5299003X6BCA4ROO5A70       | Long             | EC               | CORP              | JP        |   1031900 | NS      | $9502116.40   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| RENAULT SA                                               | RENAULT SA                                       | CUSIP: N/A<br>LEI: 969500F7JLTX36OUI695       | Long             | EC               | CORP              | FR        |    260852 | NS      | $8703035.59   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| STARTS CORPORATION INC.                                  | STARTS CORPORATION INC                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    388100 | NS      | $7679386.46   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| EIKEN CHEMICAL CO.,LTD.                                  | EIKEN CHEMICAL CO LTD                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    639300 | NS      | $8264434.25   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| VALLOUREC SA                                             | VALLOUREC SA                                     | CUSIP: N/A<br>LEI: 969500P2Q1B47H4MCJ34       | Long             | EC               | CORP              | FR        |   1377126 | NS      | $18144438.69  | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTAGE Co.,Ltd.                                         | NEXTAGE CO LTD                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    424200 | NS      | $8139415.14   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Vanguard Developed Markets Index Fund                    | VANGUARD FTSE DEVELOPED MARKET                   | CUSIP: 921943858<br>LEI: N/A                  | Long             |  | RF                | US        |     83464 | NS      | $3502984.08   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Rengo Co., Ltd.                                          | RENGO CO LTD                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   2426100 | NS      | $16651484.05  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| J.FRONT RETAILING Co., Ltd.                              | J FRONT RETAILING CO LTD                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1346900 | NS      | $12225223.31  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| ZENKOKU HOSHO Co.,Ltd.                                   | ZENKOKU HOSHO CO LTD                             | CUSIP: N/A<br>LEI: 353800VOQEKTSCSL9O03       | Long             | EC               | CORP              | JP        |    258100 | NS      | $9890094.50   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Net One Systems Co.,Ltd.                                 | NET ONE SYSTEMS CO LTD                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    393700 | NS      | $10254204.66  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| GLANBIA PUBLIC LIMITED COMPANY                           | GLANBIA PLC                                      | CUSIP: N/A<br>LEI: 635400SRMCBHVMSKJS84       | Long             | EC               | CORP              | IE        |   1097620 | NS      | $13899763.71  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| MAN GROUP PLC                                            | MAN GROUP PLC JERSEY                             | CUSIP: N/A<br>LEI: 2549003YWC1DW6LALB09       | Long             | EC               | CORP              | JE        |   4148752 | NS      | $10671876.68  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| DAEDUCK ELECTRONICS CO LTD NEW                           | DAEDUCK ELECTRONICS CO LTD NEW                   | CUSIP: Y1858V154<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    576914 | NS      | $8699620.61   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| FUJI SOFT INCORPORATED                                   | FUJI SOFT INC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    199700 | NS      | $11453223.66  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Headwater Exploration Inc                                | HEADWATER EXPLORATION INC                        | CUSIP: 422096107<br>LEI: 549300XIU4JQ0GKLRG88 | Long             | EC               | CORP              | CA        |   2431763 | NS      | $10633798.91  | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| Valmet Oyj                                               | VALMET CORP                                      | CUSIP: N/A<br>LEI: 213800D9O7FUQDH83V62       | Long             | EC               | CORP              | FI        |    653889 | NS      | $17649013.54  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| AIRTEL AFRICA PLC                                        | AIRTEL AFRICA PLC                                | CUSIP: N/A<br>LEI: 254900ZNZDQL6OWQH623       | Long             | EC               | CORP              | GB        |   6254540 | NS      | $8426195.68   | 0.31%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SANKYO CO., LTD.                                         | SANKYO CO LTD                                    | CUSIP: N/A<br>LEI: 3538009H2R9ZBZAOAK48       | Long             | EC               | CORP              | JP        |    321100 | NS      | $13120916.54  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| SEMBCORP INDUSTRIES LTD                                  | SEMBCORP INDUSTRIES LTD                          | CUSIP: N/A<br>LEI: 254900J0FF14U6TPQM96       | Long             | EC               | CORP              | SG        |   8221100 | NS      | $20761218.58  | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| REPLY S.P.A.                                             | REPLY SPA                                        | CUSIP: N/A<br>LEI: 815600DAEFB0388F3521       | Long             | EC               | CORP              | IT        |    140513 | NS      | $16117069.41  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| LEONARDO - SOCIETA PER AZIONI                            | LEONARDO SPA                                     | CUSIP: N/A<br>LEI: 529900X4EEX1U9LN3U39       | Long             | EC               | CORP              | IT        |    936479 | NS      | $8075760.14   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| EDENRED SE                                               | EDENRED                                          | CUSIP: N/A<br>LEI: 9695006LOD5B2D7Y0N70       | Long             | EC               | CORP              | FR        |    250147 | NS      | $13612406.42  | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland N.V.                                       | ASR NEDERLAND NV                                 | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |    469024 | NS      | $22282038.58  | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| BUZZI UNICEM SPA                                         | BUZZI UNICEM SPA                                 | CUSIP: N/A<br>LEI: 5299003DX5YLKSVJ6K59       | Long             | EC               | CORP              | IT        |    625289 | NS      | $12047679.92  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| ASICS Corporation                                        | ASICS CORP                                       | CUSIP: N/A<br>LEI: 3538002LJMRZ83SU0B85       | Long             | EC               | CORP              | JP        |    371300 | NS      | $8162752.50   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| RESORTTRUST,INC.                                         | RESORTTRUST INC                                  | CUSIP: N/A<br>LEI: 353800FM9MYWH105SE11       | Long             | EC               | CORP              | JP        |    645400 | NS      | $11488059.60  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| THE UNITED LABORATORIES INTERNATIONAL HOLDINGS LIMITED   | UNITED LABORATORIES INTERNATIONAL                | CUSIP: N/A<br>LEI: 2549007JL3XIH77JXN70       | Long             | EC               | CORP              | KY        |   9352000 | NS      | $5838627.89   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| BEACH ENERGY LIMITED                                     | BEACH ENERGY LTD                                 | CUSIP: N/A<br>LEI: 8Q9PJD25OKTQT5FHUF40       | Long             | EC               | CORP              | AU        |  11583588 | NS      | $12575310.94  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| REXEL SA                                                 | REXEL SA                                         | CUSIP: N/A<br>LEI: 969500N6AVPA51648T62       | Long             | EC               | CORP              | FR        |    848106 | NS      | $16771859.72  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Tricon Residential Inc                                   | TRICON RESIDENTIAL INC                           | CUSIP: 89612W102<br>LEI: 984500EFFDE9C3A9G721 | Long             | EC               | CORP              | CA        |   1682257 | NS      | $12972937.72  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Invincible Investment Corporation                        | INVINCIBLE INVESTMENT CORP                       | CUSIP: N/A<br>LEI: 353800JY6M2692VAV685       | Long             | EC               | CORP              | JP        |     27013 | NS      | $10468909.64  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Siegfried Holding AG                                     | SIEGFRIED HOLDING AG REG                         | CUSIP: N/A<br>LEI: 506700J9QD6IF3937W06       | Long             | EC               | CORP              | CH        |     17347 | NS      | $11525879.71  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Internet Initiative Japan Inc.                           | INTERNET INITIATIVE JAPAN INC                    | CUSIP: N/A<br>LEI: 529900EOCJNAPUHDFR78       | Long             | EC               | CORP              | JP        |   1295600 | NS      | $24005427.00  | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| FRASERS LOGISTICS & COMMERCIAL TRUST                     | FRASERS LOGISTICS COMMERCIAL                     | CUSIP: N/A<br>LEI: 25490039A7FZFHHURL81       | Long             |  | RF                | SG        |  14906700 | NS      | $12909632.00  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                                       | HARBOUR ENERGY PLC                               | CUSIP: N/A<br>LEI: 213800YPC42DYBKVPF97       | Long             | EC               | CORP              | GB        |   2435937 | NS      | $8987362.41   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| RINNAI CORPORATION                                       | RINNAI CORP                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    157400 | NS      | $11714850.48  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Kenedix Office Investment Corporation                    | KENEDIX OFFICE INVESTMENT CORP                   | CUSIP: N/A<br>LEI: 353800FFT483NCIHFY42       | Long             | EC               | CORP              | JP        |      3377 | NS      | $8202861.37   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| LG INNOTEK CO.,LTD                                       | LG INNOTEK CO LTD                                | CUSIP: N/A<br>LEI: 988400KTHH2LMUX7EB48       | Long             | EC               | CORP              | KR        |     55842 | NS      | $11263022.03  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| SAFESTORE HOLDINGS PLC                                   | SAFESTORE HOLDINGS PLC                           | CUSIP: N/A<br>LEI: 213800WGA3YSJC1YOH73       | Long             | EC               | CORP              | GB        |   1431382 | NS      | $16319150.18  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Bucher Industries AG                                     | BUCHER INDUSTRIES AG                             | CUSIP: N/A<br>LEI: 52990014AQ91A29HPB27       | Long             | EC               | CORP              | CH        |     41928 | NS      | $17502501.85  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| SANKYU INC.                                              | SANKYU INC                                       | CUSIP: N/A<br>LEI: 529900QWTXZZEM1T5G75       | Long             | EC               | CORP              | JP        |    268300 | NS      | $9817510.68   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| SPIRENT COMMUNICATIONS PLC                               | SPIRENT COMMUNICATIONS PLC                       | CUSIP: N/A<br>LEI: 213800HKCUNWP1916L38       | Long             | EC               | CORP              | GB        |   3647857 | NS      | $11586948.45  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| INFRONEER Holdings Inc.                                  | INFRONEER HOLDINGS INC                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1532200 | NS      | $11646157.37  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| TRITAX BIG BOX REIT PLC                                  | TRITAX BIG BOX REIT PLC                          | CUSIP: N/A<br>LEI: 213800L6X88MIYPVR714       | Long             | EC               | RF                | GB        |   5201170 | NS      | $8714916.72   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| SOITEC SA                                                | SOITEC                                           | CUSIP: N/A<br>LEI: 969500ZR92SQCU9TST26       | Long             | EC               | CORP              | FR        |     77996 | NS      | $12800165.41  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| MARKS AND SPENCER GROUP P.L.C.                           | MARKS SPENCER PLC                                | CUSIP: N/A<br>LEI: 213800EJP14A79ZG1X44       | Long             | EC               | CORP              | GB        |   6337671 | NS      | $9347661.25   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Julius Baer Gruppe AG                                    | JULIUS BAER GROUP LTD                            | CUSIP: N/A<br>LEI: 5299007MF0604ZGJER92       | Long             | EC               | CORP              | CH        |    302160 | NS      | $17590807.22  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| CSR LIMITED                                              | CSR LTD                                          | CUSIP: N/A<br>LEI: 549300TOGR54OMW2T093       | Long             | EC               | CORP              | AU        |   2445694 | NS      | $7819042.56   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| CTS EVENTIM AG & Co. KGaA                                | CTS EVENTIM AG CO KGAA                           | CUSIP: N/A<br>LEI: 529900FDHSN08UBJII80       | Long             | EC               | CORP              | DE        |    197506 | NS      | $12535688.25  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| GEA Group Aktiengesellschaft                             | MG TECHNOLOGIES AG                               | CUSIP: N/A<br>LEI: 549300PHUU0ZZWO8EO07       | Long             | EC               | CORP              | DE        |    396119 | NS      | $16106890.87  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| PLAYTECH PLC                                             | PLAYTECH PLC                                     | CUSIP: N/A<br>LEI: 21380068TTB6Z9ZEU548       | Long             | EC               | CORP              | IM        |   1546569 | NS      | $9487352.65   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| CHARTER HALL GROUP                                       | CHARTER HALL GROUP                               | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | AU        |   1003641 | NS      | $8139582.11   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| West Holdings Corporation                                | WEST HOLDINGS CORP                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    306900 | NS      | $10213726.62  | 0.38%             |  |  |  | No            |                  2 | On Loan: —       |
| BANCO BPM SOCIETA PER AZIONI                             | BANCO BPM SPA                                    | CUSIP: N/A<br>LEI: 815600E4E6DCD2D25E30       | Long             | EC               | CORP              | IT        |   3937098 | NS      | $14033643.77  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Engineering Co., Ltd.                            | SAMSUNG ENGINEERING CO LTD                       | CUSIP: N/A<br>LEI: 988400HDAY5KIVHGZ188       | Long             | EC               | CORP              | KR        |    843909 | NS      | $14930565.93  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuyo General Lease Co., Ltd.                             | FUYO GENERAL LEASE CO LTD                        | CUSIP: N/A<br>LEI: 353800IE82QJT7UQJK58       | Long             | EC               | CORP              | JP        |    139000 | NS      | $9062548.84   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| FONDATION BANQUE LAURENTIENNE DU CANADA                  | LAURENTIAN BANK OF CANADA                        | CUSIP: 51925D106<br>LEI: HO0K6ZULL3QE6S6SFW60 | Long             | EC               | CORP              | CA        |    314738 | NS      | $7509260.90   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| TOKYO SEIMITSU CO.,LTD.                                  | TOKYO SEIMITSU CO LTD                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    287800 | NS      | $9299743.81   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Dalata Hotel Group Public Limited Company                | DALATA HOTEL GROUP PLC                           | CUSIP: N/A<br>LEI: 635400L2CWET7ONOBJ04       | Long             | EC               | CORP              | IE        |   2693005 | NS      | $9328911.39   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| ALPS ALPINE CO., LTD.                                    | ALPS ELECTRIC CO LTD                             | CUSIP: N/A<br>LEI: 529900PWNU4ASLY9VI90       | Long             | EC               | CORP              | JP        |   1144000 | NS      | $10341974.94  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujikura Ltd.                                            | FUJIKURA LTD                                     | CUSIP: N/A<br>LEI: 353800PSDZ8VRCKVPL51       | Long             | EC               | CORP              | JP        |   1867500 | NS      | $14040188.88  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Leeno Industrial Inc                                     | LEENO INDUSTRIAL INC                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     85333 | NS      | $10545442.44  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| JEOL LTD                                                 | JEOL LTD                                         | CUSIP: J23317100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    216300 | NS      | $5817298.82   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Fullcast Holdings Co Ltd                                 | FULLCAST HOLDINGS CO LTD                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    499200 | NS      | $10663907.04  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| IREN S.P.A.                                              | IREN SPA                                         | CUSIP: N/A<br>LEI: 8156001EBD33FD474E60       | Long             | EC               | CORP              | IT        |   5214790 | NS      | $8188655.82   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| WATCHES OF SWITZERLAND GROUP PLC                         | WATCHES OF SWITZERLAND GROUP                     | CUSIP: N/A<br>LEI: 2138008ZOT5K9PJW7168       | Long             | EC               | CORP              | GB        |    723720 | NS      | $7069574.17   | 0.26%             |  |  |  | Yes           |                  2 | On Loan: No      |
| MELCO RESORTS & ENTERTAINMENT LIMITED                    | MELCO RESORTS ENTERT ADR                         | CUSIP: 585464100<br>LEI: 529900NRV6LBR3T6B421 | Long             |  | CORP              | KY        |    872064 | NS      | $10028736.00  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SAVILLS PLC                                              | SAVILLS PLC                                      | CUSIP: N/A<br>LEI: 213800WXICGMBWHTA933       | Long             | EC               | CORP              | GB        |    736327 | NS      | $7332177.56   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| TechnologyOne Ltd                                        | TECHNOLOGY ONE LTD                               | CUSIP: N/A<br>LEI: 875500YEWBJIM91P9N12       | Long             | EC               | CORP              | AU        |   1630559 | NS      | $14480609.10  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Visional Inc                                             | VISIONAL INC                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    115600 | NS      | $7658326.08   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| ORGANO CORPORATION                                       | ORGANO CORP                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    402500 | NS      | $8935094.40   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| DAIHEN Corporation                                       | DAIHEN CORP                                      | CUSIP: N/A<br>LEI: 353800VGTLA3QRNG5478       | Long             | EC               | CORP              | JP        |    297300 | NS      | $8700024.40   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| NINE ENTERTAINMENT CO. HOLDINGS LIMITED                  | NINE ENTERTAINMENT CO HOLDINGS LTD               | CUSIP: N/A<br>LEI: 529900WLXD3X7TFOAI42       | Long             | EC               | CORP              | AU        |   6276721 | NS      | $7828845.69   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| BayCurrent Consulting, Inc.                              | BAYCURRENT CONSULTING INC                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    410700 | NS      | $12787039.68  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| ATS Corporation                                          | ATS CORP                                         | CUSIP: 00217Y104<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | EC               | CORP              | CA        |    506658 | NS      | $15752131.20  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| SUPER RETAIL GROUP LIMITED                               | SUPER RETAIL GROUP LTD                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1427725 | NS      | $10360026.70  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Forestry Co.,Ltd.                               | SUMITOMO FORESTRY CO LTD                         | CUSIP: N/A<br>LEI: 549300FIIRGO6D5FWR19       | Long             | EC               | CORP              | JP        |    477700 | NS      | $8443782.19   | 0.31%             |  |  |  | No            |                  2 | On Loan: —       |
| ARKEMA SA                                                | ARKEMA SA                                        | CUSIP: N/A<br>LEI: 9695000EHMS84KKP2785       | Long             | EC               | CORP              | FR        |    164978 | NS      | $14836812.84  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF QUEENSLAND LIMITED                               | BANK OF QUEENSLAND LTD                           | CUSIP: N/A<br>LEI: 549300WFIN7T02UKDG08       | Long             | EC               | CORP              | AU        |   2341155 | NS      | $10945187.42  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola HBC AG                                         | COCA COLA HBC AG                                 | CUSIP: N/A<br>LEI: 549300EFP3TNG7JGVE49       | Long             | EC               | CORP              | CH        |    458077 | NS      | $10826089.02  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| VERBIO Vereinigte BioEnergie AG                          | VERBIO VEREINIGTE BIOENERGIE AG                  | CUSIP: N/A<br>LEI: 529900W51PINCFFALS96       | Long             | EC               | CORP              | DE        |    123973 | NS      | $8036331.03   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| THE BERKELEY GROUP HOLDINGS PLC                          | BERKELEY GROUP HOLDINGS PLC                      | CUSIP: N/A<br>LEI: 2138009OQSSLVVHQAL78       | Long             | EC               | CORP              | GB        |    180262 | NS      | $8216285.36   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Compania de Distribucion Integral Logista Holdings, S.A. | CIA DE DISTRIBUCION INTEGRAL LOGISTA HOLDINGS SA | CUSIP: N/A<br>LEI: 9598000ANNAL42UJ7X28       | Long             | EC               | CORP              | ES        |    656899 | NS      | $16562339.79  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| PACIFIC BASIN SHIPPING LIMITED                           | PACIFIC BASIN SHIPPING LTD                       | CUSIP: N/A<br>LEI: 254900LNPK737X4Y3V26       | Long             | EC               | CORP              | BM        |  29415000 | NS      | $9910031.57   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Sulzer AG                                                | SULZER AG                                        | CUSIP: N/A<br>LEI: 529900NZ6MAST5IJF669       | Long             | EC               | CORP              | CH        |    172859 | NS      | $13450467.86  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| MSILF Government Portfolio                               | MSILF GOVERNMENT-INST                            | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  12712751 | NS      | $12712751.24  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Rheinmetall Aktiengesellschaft                           | RHEINMETALL AG                                   | CUSIP: N/A<br>LEI: 5299001OU9CSE29O6S05       | Long             | EC               | CORP              | DE        |     53741 | NS      | $10697028.48  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Swissquote Group Holding SA                              | SWISSQUOTE GROUP HOLDING SA                      | CUSIP: N/A<br>LEI: 549300O3WME82RDPEN66       | Long             | EC               | CORP              | CH        |     87879 | NS      | $12680455.88  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| JGC HOLDINGS CORPORATION                                 | JGC HOLDINGS CORP                                | CUSIP: N/A<br>LEI: 5493003WMGG79YLARU68       | Long             | EC               | CORP              | JP        |    703900 | NS      | $8923981.89   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| COWAY Co., Ltd.                                          | COWAY CO LTD                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    155061 | NS      | $6885227.82   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| ALAMOS GOLD INC.                                         | ALAMOS GOLD INC                                  | CUSIP: 011532108<br>LEI: 549300TDOX73YGYXE959 | Long             | EC               | CORP              | CA        |   1524282 | NS      | $15413961.13  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinch AB (publ)                                          | SINCH AB                                         | CUSIP: N/A<br>LEI: 549300UXY7QM6IDCGI12       | Long             | EC               | CORP              | SE        |   2764945 | NS      | $10195486.81  | 0.38%             |  |  |  | Yes           |                  2 | On Loan: —       |
| Technip Energies N.V.                                    | TECHNIP ENERGIES NV                              | CUSIP: N/A<br>LEI: 724500FLODI49NSCIP70       | Long             | EC               | CORP              | NL        |    518329 | NS      | $8147784.21   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| BALFOUR BEATTY PLC                                       | BALFOUR BEATTY PLC                               | CUSIP: N/A<br>LEI: CT4UIJ3TUKGYYHMENQ17       | Long             | EC               | CORP              | GB        |   2823158 | NS      | $11550088.94  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| CVS GROUP PLC                                            | CVS GROUP PLC                                    | CUSIP: N/A<br>LEI: 213800J41XDQ2NX48O05       | Long             | EC               | CORP              | GB        |    557418 | NS      | $12999349.90  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| OceanaGold Corporation                                   | OCEANAGOLD CORP                                  | CUSIP: 675222103<br>LEI: 549300CBMSE8I9N3E232 | Long             | EC               | CORP              | CA        |   5696810 | NS      | $10856677.35  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| KLEPIERRE SA                                             | KLEPIERRE SA                                     | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |    819560 | NS      | $18913256.03  | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Morinaga Milk Industry Co., Ltd.                         | MORINAGA MILK INDUSTRY CO LTD                    | CUSIP: N/A<br>LEI: 529900FB91P7MVO08949       | Long             | EC               | CORP              | JP        |    214500 | NS      | $8146388.58   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| NUVISTA ENERGY LTD.                                      | NUVISTA ENERGY LTD                               | CUSIP: 67072Q104<br>LEI: 549300MG32TDSM60SX75 | Long             | EC               | CORP              | CA        |    953744 | NS      | $8792085.33   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| TATE & LYLE PUBLIC LIMITED COMPANY                       | TATE LYLE PLC                                    | CUSIP: N/A<br>LEI: 2138008K14474WPKZ244       | Long             | EC               | CORP              | GB        |   1104896 | NS      | $9463882.50   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| REGION RE LTD                                            | REGION RE LTD                                    | CUSIP: Q8501T105<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   5128064 | NS      | $9433200.62   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| freenet AG                                               | FREENET AG                                       | CUSIP: N/A<br>LEI: 5299003GLDODCVP8DO20       | Long             | EC               | CORP              | DE        |    597902 | NS      | $12999103.12  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| BE Semiconductor Industries N.V.                         | BE SEMICONDUCTOR INDUSTRIES                      | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |    160828 | NS      | $9799609.83   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| DUNDEE PRECIOUS METALS INC.                              | DUNDEE PRECIOUS METALS INC                       | CUSIP: 265269209<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |   1776109 | NS      | $8540751.65   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| JYP Entertainment Corporation                            | JYP ENTERTAINMENT CORP                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    277893 | NS      | $14929934.32  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Tietoevry Oyj                                            | TIETOEVRY OYJ                                    | CUSIP: N/A<br>LEI: 549300EW2KM4KROKQV31       | Long             | EC               | CORP              | FI        |    479618 | NS      | $13638388.12  | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| ABCAM PLC                                                | ABCAM PLC                                        | CUSIP: 000380204<br>LEI: 213800B9N83DSNT33F79 | Long             |  | CORP              | GB        |    872795 | NS      | $13580690.20  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BANKINTER, S.A.                                          | BANKINTER SA                                     | CUSIP: N/A<br>LEI: VWMYAEQSTOPNV0SUGU82       | Long             | EC               | CORP              | ES        |   3245471 | NS      | $21740054.23  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| VIRGIN MONEY UK PLC                                      | VIRGIN MONEY UK PLC                              | CUSIP: N/A<br>LEI: 213800ZK9VGCYYR6O495       | Long             | EC               | CORP              | GB        |   4864028 | NS      | $10694427.08  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Bechtle AG                                               | BECHTLE AG                                       | CUSIP: N/A<br>LEI: 529900HA2QT774RUXW59       | Long             | EC               | CORP              | DE        |    387415 | NS      | $13692461.18  | 0.50%             |  |  |  | No            |                  2 | On Loan: —       |
| SAWAI GROUP HOLDINGS Co., Ltd.                           | SAWAI GROUP HOLDINGS CO LTD                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    281700 | NS      | $8790621.02   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| LA FRANCAISE DES JEUX SA                                 | LA FRANCAISE DES JEUX SAEM                       | CUSIP: N/A<br>LEI: 969500R4CLSQFTYYI535       | Long             | EC               | CORP              | FR        |    310915 | NS      | $12508978.01  | 0.46%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ENCAVIS AG                                               | ENCAVIS AG                                       | CUSIP: N/A<br>LEI: 391200ECRGNL09Y2KJ67       | Long             | EC               | CORP              | DE        |    525401 | NS      | $10387846.94  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| ARC RESOURCES LTD.                                       | ARC RESOURCES LTD                                | CUSIP: 00208D408<br>LEI: FIR47I6FEYKYNJBYW622 | Long             | EC               | CORP              | CA        |    670628 | NS      | $9040449.84   | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Konecranes Abp                                           | KONECRANES OYJ                                   | CUSIP: N/A<br>LEI: 549300EF0CDEQZBMA096       | Long             | EC               | CORP              | FI        |    348649 | NS      | $10747012.96  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| DRAX GROUP PLC                                           | DRAX GROUP PLC                                   | CUSIP: N/A<br>LEI: 549300YPSNTXR4ZHSR98       | Long             | EC               | CORP              | GB        |   1335514 | NS      | $11326000.40  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeuchi Mfg Co Ltd                                      | TAKEUCHI MANUFACTURING CO LTD                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    520800 | NS      | $11436740.90  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| LONDONMETRIC PROPERTY PLC                                | LONDONMETRIC PROPERTY PLC                        | CUSIP: N/A<br>LEI: 213800OCERWWPQDURL87       | Long             | EC               | CORP              | GB        |   4623290 | NS      | $9594772.06   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Vitesco Technologies Group Aktiengesellschaft            | VITESCO TECHNOLOGIES GROUP A                     | CUSIP: N/A<br>LEI: 529900CCDMZ7UCYYS252       | Long             | EC               | CORP              | DE        |    195573 | NS      | $11306356.08  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| IMI PLC                                                  | IMI PLC                                          | CUSIP: N/A<br>LEI: 2138002W9Q21PF751R30       | Long             | EC               | CORP              | GB        |    551906 | NS      | $8617745.14   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| EIFFAGE SA                                               | EIFFAGE SA                                       | CUSIP: N/A<br>LEI: 969500OQXKE5WDM9M994       | Long             | EC               | CORP              | FR        |    252593 | NS      | $24842549.47  | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| SEVEN GROUP HOLDINGS LIMITED                             | SEVEN GROUP HOLDINGS LTD                         | CUSIP: N/A<br>LEI: 254900DME8O9GCK94794       | Long             | EC               | CORP              | AU        |    802098 | NS      | $11405886.55  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| TOKYO OHKA KOGYO CO., LTD.                               | TOKYO OHKA KOGYO CO LTD                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    258500 | NS      | $11685976.03  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| BAVARIAN NORDIC A/S                                      | BAVARIAN NORDIC A S                              | CUSIP: N/A<br>LEI: 2138006JCDVYIN6INP51       | Long             | EC               | CORP              | DK        |    258617 | NS      | $7969493.09   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECHNOLOGY PLC                        | INTERNATIONAL GAME TECHNOLOGY PLC                | CUSIP: G4863A108<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | EC               | CORP              | GB        |    580194 | NS      | $13158799.92  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| HUGO BOSS AG                                             | HUGO BOSS AG                                     | CUSIP: N/A<br>LEI: 529900LFVU534EBRXD13       | Long             | EC               | CORP              | DE        |    242100 | NS      | $13993841.25  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| SHIMAMURA CO., Ltd.                                      | SHIMAMURA CO LTD                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    134800 | NS      | $13435426.54  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| BRP Inc.                                                 | BRP INC CA                                       | CUSIP: 05577W200<br>LEI: 529900EPQGESIRCPY551 | Long             | EC               | CORP              | CA        |    360703 | NS      | $27504336.45  | 1.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Aurubis AG                                               | AURUBIS AG                                       | CUSIP: N/A<br>LEI: 5299005SHIN9ZK7GW242       | Long             | EC               | CORP              | DE        |    155295 | NS      | $12639399.14  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| SOPRA STERIA GROUP SA                                    | SOPRA STERIA GROUP                               | CUSIP: N/A<br>LEI: 96950020QIOHAAK9V551       | Long             | EC               | CORP              | FR        |    113716 | NS      | $17214508.00  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| SPIE SA                                                  | SPIE SA                                          | CUSIP: N/A<br>LEI: 969500TJNS5GSFWJ8X85       | Long             | EC               | CORP              | FR        |    621337 | NS      | $16198777.19  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| FINNING INTERNATIONAL INC.                               | FINNING INTERNATIONAL INC                        | CUSIP: 318071404<br>LEI: 549300QLDCP11KB6XW55 | Long             | EC               | CORP              | CA        |    873664 | NS      | $21722211.73  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Electric Glass Co., Ltd.                          | NIPPON ELECTRIC GLASS CO LTD                     | CUSIP: N/A<br>LEI: 529900NCIGSAX4V03234       | Long             | EC               | CORP              | JP        |    480100 | NS      | $8522080.23   | 0.31%             |  |  |  | No            |                  2 | On Loan: —       |
| Cibus Nordic Real Estate AB (publ)                       | CIBUS NORDIC REAL ESTATE AB                      | CUSIP: N/A<br>LEI: 549300PW36MFK96GCR23       | Long             | EC               | CORP              | SE        |    488194 | NS      | $6718558.05   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Youngone Corporation                                     | YOUNGONE CORP                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    269059 | NS      | $10042928.22  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| FUTURE PLC                                               | FUTURE PLC                                       | CUSIP: N/A<br>LEI: 213800K2581YRLEXV353       | Long             | EC               | CORP              | GB        |    568714 | NS      | $8666709.55   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Inmode Ltd                                               | INMODE LTD                                       | CUSIP: M5425M103<br>LEI: 984500DD95A35E9BD358 | Long             | EC               | CORP              | IL        |    407239 | NS      | $14538432.30  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| STELLA-JONES INC.                                        | STELLA JONES INC                                 | CUSIP: 85853F105<br>LEI: 5493007LOVNNLYJ6KZ35 | Long             | EC               | CORP              | CA        |    397527 | NS      | $14247311.30  | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| RS GROUP PLC                                             | RS GROUP PLC                                     | CUSIP: N/A<br>LEI: 549300KVXDURRKVW7R37       | Long             | EC               | CORP              | GB        |   1191563 | NS      | $12827014.67  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| United Internet AG                                       | UNITED INTERNET AG                               | CUSIP: N/A<br>LEI: 3VEKWPJHTD4NKMBVG947       | Long             | EC               | CORP              | DE        |    406686 | NS      | $8199492.89   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP PUBLIC LIMITED COMPANY             | BANK OF IRELAND GROUP PLC                        | CUSIP: N/A<br>LEI: 635400C8EK6DRI12LJ39       | Long             | EC               | CORP              | IE        |   3254190 | NS      | $31005789.07  | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Vermilion Energy Inc.                                    | VERMILION ENERGY INC                             | CUSIP: 923725105<br>LEI: WT03B8BB1IX8WI9ZGV02 | Long             | EC               | CORP              | CA        |    456083 | NS      | $8075276.64   | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| ZEON CORPORATION                                         | ZEON CORP                                        | CUSIP: N/A<br>LEI: 529900UEFURDYZ4F4U10       | Long             | EC               | CORP              | JP        |    965300 | NS      | $9715119.09   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| NICHICON CORPORATION                                     | NICHICON CORP                                    | CUSIP: N/A<br>LEI: 353800QK5U8ET4YJHF28       | Long             | EC               | CORP              | JP        |   1012300 | NS      | $9350441.06   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| OC Oerlikon Corporation AG, Pfaeffikon                   | OC OERLIKON CORP AG REG                          | CUSIP: N/A<br>LEI: 529900I8VLAZR2FJ0M10       | Long             | EC               | CORP              | CH        |   1115819 | NS      | $7319141.16   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| REDROW PLC                                               | REDROW PLC                                       | CUSIP: N/A<br>LEI: 2138008WJZBBA7EYEL28       | Long             | EC               | CORP              | GB        |   1444640 | NS      | $7914788.88   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| MERLIN Properties SOCIMI, S.A.                           | MERLIN PROPERTIES SOCIMI SA                      | CUSIP: N/A<br>LEI: 959800L8KD863DP30X04       | Long             | EC               | CORP              | ES        |   1404074 | NS      | $13166793.38  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Vontobel Holding AG                                      | VONTOBEL HOLDING AG                              | CUSIP: N/A<br>LEI: 529900G69W5VR3DDPW23       | Long             | EC               | CORP              | CH        |    176795 | NS      | $11728547.81  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| ILUKA RESOURCES LIMITED                                  | ILUKA RESOURCES LTD                              | CUSIP: N/A<br>LEI: 2549009N2Y1F4YNB0955       | Long             | EC               | CORP              | AU        |   2828678 | NS      | $18191416.63  | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| JB HI-FI LIMITED                                         | JB HI FI LTD                                     | CUSIP: N/A<br>LEI: 529900TPC8H040Y3ZQ65       | Long             | EC               | CORP              | AU        |    383815 | NS      | $10936954.34  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Signify N.V.                                             | SIGNIFY NV                                       | CUSIP: N/A<br>LEI: 549300072P3J1X8NZO35       | Long             | EC               | CORP              | NL        |    526142 | NS      | $17708752.53  | 0.65%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CRANSWICK PLC                                            | CRANSWICK PLC                                    | CUSIP: N/A<br>LEI: 549300LDZLPU51XOSK43       | Long             | EC               | CORP              | GB        |    245766 | NS      | $9110515.40   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| ELIS SA                                                  | ELIS SA                                          | CUSIP: N/A<br>LEI: 969500UX71LCE8MAY492       | Long             | EC               | CORP              | FR        |    939985 | NS      | $13873230.55  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| KANEKA CORPORATION                                       | KANEKA CORP                                      | CUSIP: N/A<br>LEI: 529900FWWCF6RY313R16       | Long             | EC               | CORP              | JP        |    525200 | NS      | $13061929.72  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| CELESTICA INC.                                           | CELESTICA INC                                    | CUSIP: 15101Q108<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |   1384102 | NS      | $15601563.39  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| EBARA CORPORATION                                        | EBARA CORP                                       | CUSIP: N/A<br>LEI: 353800UV8U3SOMCDTI49       | Long             | EC               | CORP              | JP        |    280800 | NS      | $10004322.27  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| PSP Swiss Property AG                                    | PSP SWISS PROPERTY AG                            | CUSIP: N/A<br>LEI: 50670042Y437P8X44F56       | Long             | EC               | CORP              | CH        |    181992 | NS      | $21384757.63  | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| LOTTE Fine Chemical Co., Ltd.                            | LOTTE FINE CHEMICAL CO LTD                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    182032 | NS      | $8181825.18   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| IMCD N.V.                                                | IMCD NV                                          | CUSIP: N/A<br>LEI: 724500NSJPNFJPDAUP02       | Long             | EC               | CORP              | NL        |     54653 | NS      | $7816534.61   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXITY SA                                                | NEXITY SA                                        | CUSIP: N/A<br>LEI: 969500JJ71T2DIPDVV84       | Long             | EC               | CORP              | FR        |    403678 | NS      | $11273959.20  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Victory Portfolios

**Signature:** Allan Shaer

**Name of Signer:** Allan Shaer

**Title:** Treasurer