# EDGAR Filing Document

**Accession Number:** 0002013853
**File Stem:** 0001752724-25-211607
**Filing Date:** 2025-8
**Character Count:** 55475
**Document Hash:** b32f736513c2cabb6119d4dfe5729713
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-211607.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-211607

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Age Alpha Funds Trust
- **CENTRAL INDEX KEY:** 0002013853

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23945
- **FILM NUMBER:** 251272055

**BUSINESS ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** 212-922-2699

**MAIL ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

## Series and Classes Contracts Data

### NAA Mid Growth Fund (Series ID: S000087628)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000253481 | Institutional Class |  |
| C000253482 | Class P             |  |
| C000253483 | Class C             |  |
| C000253484 | Class A             |  |

## Nport-Ex

---

| |
|:---|
| **NAA MID GROWTH FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.3%** |  |
|  | **Communications - 2.0%** |  |
| 4472 | Expedia Group, Inc.<sup>(a)</sup> | $754337 |
| 5905 | New York Times Company (The), Class A | 330562 |
| 2151 | TKO Group Holdings, Inc. | 391374 |
|  |  | 1476273 |
|  | **Consumer Discretionary - 10.6%** |  |
| 3348 | Abercrombie & Fitch Company, Class A | 277382 |
| 2420 | Boyd Gaming Corporation<sup>(a)</sup> | 189317 |
| 4404 | Burlington Stores, Inc.<sup>(a)</sup> | 1024546 |
| 13086 | Chewy, Inc., Class A<sup>(a)</sup> | 557725 |
| 4895 | Churchill Downs, Inc. | 494395 |
| 3875 | Crocs, Inc.<sup>(a)</sup> | 392460 |
| 5673 | Deckers Outdoor Corporation<sup>(a)</sup> | 584716 |
| 6317 | Gentex Corporation | 138911 |
| 1791 | Grand Canyon Education, Inc.<sup>(a)</sup> | 338499 |
| 5863 | Light & Wonder, Inc.<sup>(a)</sup> | 564372 |
| 5242 | Planet Fitness, Inc., Class A<sup>(a)</sup> | 571640 |
| 1371 | Ralph Lauren Corporation | 376038 |
| 8157 | Somnigroup International, Inc. | 555084 |
| 4273 | Texas Roadhouse, Inc. | 800803 |
| 4534 | Travel + Leisure Company | 234000 |
| 1999 | Wingstop, Inc. <sup>(a)</sup> | 673143 |
|  |  | 7773031 |
|  | **Consumer Staples - 4.9%** |  |
| 4121 | BJ's Wholesale Club Holdings, Inc.<sup>(a)</sup> | 444367 |
| 11892 | Colgate-Palmolive Company | 1080983 |
| 3584 | elf Beauty, Inc.<sup>(a)</sup> | 445993 |
| 11673 | Hims & Hers Health, Inc.<sup>(a)</sup> | 581899 |
| 6435 | Sprouts Farmers Market, Inc.<sup>(a)</sup> | 1059459 |
|  |  | 3612701 |
|  | **Energy - 3.5%** |  |
| 6635 | DT Midstream, Inc. | 729253 |
| 4602 | Matador Resources Company<sup>(a)</sup> | 219607 |
| 12083 | ONEOK, Inc. | 986335 |
| 40111 | Permian Resources Corporation | 546312 |

---

---

| |
|:---|
| **NAA MID GROWTH FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.3% (Continued)** |  |
|  | **Energy - 3.5% (Continued)** |  |
| 2321 | Weatherford International plc | $116770 |
|  |  | 2598277 |
|  | **Financials - 14.4%** |  |
| 7954 | Brown & Brown, Inc. | 881860 |
| 3095 | Cullen/Frost Bankers, Inc. | 397831 |
| 19831 | Equitable Holdings, Inc. <sup>(a)</sup> | 1112519 |
| 2340 | Evercore, Inc., Class A | 631847 |
| 3157 | Hamilton Lane, Inc., Class A<sup>(a)</sup> | 448673 |
| 3558 | HOULIHAN LOKEY, INC. | 640262 |
| 19934 | Interactive Brokers Group, Inc., Class A | 1104543 |
| 1456 | Kinsale Capital Group, Inc. | 704558 |
| 7304 | MGIC Investment Corporation | 203343 |
| 3389 | Pinnacle Financial Partners, Inc. | 374179 |
| 2156 | Primerica, Inc. | 590033 |
| 3176 | RenaissanceRe Holdings Ltd. | 771450 |
| 5632 | RLI Corporation | 406743 |
| 6938 | Ryan Specialty Holdings, Inc. <sup>(a)</sup> | 471715 |
| 3844 | SEI Investments Company | 345422 |
| 13767 | SLM Corporation<sup>(a)</sup> | 451420 |
| 4767 | Stifel Financial Corporation<sup>(a)</sup> | 494719 |
| 7440 | Western Alliance Bancorp | 580172 |
|  |  | 10611289 |
|  | **Health Care - 8.8%** |  |
| 1460 | DaVita, Inc.<sup>(a)</sup> | 207977 |
| 6061 | DexCom, Inc.<sup>(a)</sup> | 529065 |
| 4690 | Encompass Health Corporation | 575135 |
| 3574 | Ensign Group, Inc. (The) | 551325 |
| 7962 | Globus Medical, Inc., Class A<sup>(a)</sup> | 469917 |
| 8213 | Halozyme Therapeutics, Inc.<sup>(a)</sup> | 427240 |
| 4632 | Lantheus Holdings, Inc.<sup>(a)</sup> | 379176 |
| 1570 | Medpace Holdings, Inc.<sup>(a)</sup> | 492760 |
| 6383 | Neurocrine Biosciences, Inc.<sup>(a)</sup> | 802279 |
| 1648 | Penumbra, Inc.<sup>(a)</sup> | 422926 |
| 12161 | Sarepta Therapeutics, Inc.<sup>(a)</sup> | 207953 |

---

---

| |
|:---|
| **NAA MID GROWTH FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.3% (Continued)** |  |
|  | **Health Care - 8.8% (Continued)** |  |
| 3486 | Tenet Healthcare Corporation<sup>(a)</sup> | $613536 |
| 2863 | United Therapeutics Corporation<sup>(a)</sup> | 822684 |
|  |  | 6501973 |
|  | **Industrials - 22.2%** |  |
| 4863 | AAON, Inc. | 358646 |
| 4644 | AECOM<sup>(a)</sup> | 524122 |
| 1598 | Allegion plc | 230304 |
| 48602 | American Airlines Group, Inc. | 545315 |
| 5637 | BWX Technologies, Inc. | 812067 |
| 3025 | Chart Industries, Inc.<sup>(a)</sup> | 498066 |
| 3281 | Clean Harbors, Inc.<sup>(a)</sup> | 758502 |
| 2100 | Comfort Systems USA, Inc. | 1126041 |
| 7998 | Core & Main, Inc., Class A<sup>(a)</sup> | 482679 |
| 2266 | Curtiss-Wright Corporation | 1107054 |
| 4623 | Donaldson Company, Inc. | 320605 |
| 2160 | EMCOR Group, Inc. | 1155362 |
| 4006 | Esab Corporation | 482923 |
| 8790 | H&R Block, Inc. | 482483 |
| 3703 | ITT, Inc. | 580741 |
| 1110 | Lennox International, Inc. | 636296 |
| 2127 | Lincoln Electric Holdings, Inc. | 440970 |
| 1527 | Novanta, Inc.<sup>(a)</sup> | 196876 |
| 10453 | nVent Electric PLC | 765682 |
| 10021 | RB Global, Inc. | 1064130 |
| 2088 | RBC Bearings, Inc.<sup>(a)</sup> | 803463 |
| 1767 | Saia, Inc.<sup>(a)</sup> | 484140 |
| 17326 | Tetra Tech, Inc. | 623043 |
| 1946 | TopBuild Corporation<sup>(a)</sup> | 629998 |
| 935 | Watts Water Technologies, Inc., Class A | 229907 |
| 3763 | Woodward, Inc. | 922274 |
|  |  | 16261689 |
|  | **Materials - 6.8%** |  |
| 2347 | AptarGroup, Inc. | 367141 |
| 9341 | ATI, Inc.<sup>(a)</sup> | 806502 |

---

---

| |
|:---|
| **NAA MID GROWTH FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.3% (Continued)** |  |
|  | **Materials - 6.8% (Continued)** |  |
| 8208 | Axalta Coating Systems Ltd.<sup>(a)</sup> | $243696 |
| 2275 | Eagle Materials, Inc. | 459800 |
| 4029 | Ecolab, Inc. | 1085573 |
| 4275 | Louisiana-Pacific Corporation | 367607 |
| 5991 | Owens Corning | 823883 |
| 5215 | RPM International, Inc. | 572816 |
| 1914 | Simpson Manufacturing Company, Inc. | 297263 |
|  |  | 5024281 |
|  | **Real Estate - 3.5%** |  |
| 8039 | American Homes 4 Rent, Class A | 289967 |
| 6299 | Equity LifeStyle Properties, Inc. | 388459 |
| 8010 | Gaming and Leisure Properties, Inc. | 373907 |
| 3702 | Lamar Advertising Company, Class A | 449275 |
| 6673 | Simon Property Group, Inc. | 1072751 |
|  |  | 2574359 |
|  | **Technology - 19.7%** |  |
| 1366 | ANSYS, Inc.<sup>(a)</sup> | 479767 |
| 1548 | Appfolio, Inc., A<sup>(a)</sup> | 356473 |
| 1813 | Broadridge Financial Solutions, Inc. | 440613 |
| 2150 | Cirrus Logic, Inc.<sup>(a)</sup> | 224148 |
| 3015 | CommVault Systems, Inc.<sup>(a)</sup> | 525605 |
| 13641 | DocuSign, Inc.<sup>(a)</sup> | 1062498 |
| 9015 | Doximity, Inc., Class A | 552980 |
| 8054 | Dropbox, Inc., Class A<sup>(a)</sup> | 230344 |
| 2191 | DUOLINGO<sup>(a)</sup> | 898354 |
| 18837 | Dynatrace, Inc.<sup>(a)</sup> | 1039991 |
| 4246 | Guidewire Software, Inc.<sup>(a)</sup> | 999721 |
| 5987 | HealthEquity, Inc.<sup>(a)</sup> | 627198 |
| 4098 | Manhattan Associates, Inc.<sup>(a)</sup> | 809232 |
| 1754 | Morningstar, Inc. | 550633 |
| 10588 | Okta, Inc.<sup>(a)</sup> | 1058483 |
| 5343 | Paychex, Inc. | 777193 |
| 1826 | Paycom Software, Inc. <sup>(a)</sup> | 422536 |
| 3006 | Paylocity Holding Corporation<sup>(a)</sup> | 544657 |

---

---

| |
|:---|
| **NAA MID GROWTH FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.3% (Continued)** |  |
|  | **Technology - 19.7% (Continued)** |  |
| 1431 | Qualys, Inc.<sup>(a)</sup> | $204447 |
| 4593 | Shift4 Payments, Inc., Class A<sup>(a)</sup> | 455212 |
| 17002 | Super Micro Computer, Inc.<sup>(a)</sup> | 833268 |
| 1527 | Tyler Technologies, Inc.<sup>(a)</sup> | 905267 |
| 1402 | Universal Display Corporation<sup>(a)</sup> | 216553 |
| 1611 | WEX, Inc.<sup>(a)</sup> | 236640 |
|  |  | 14451813 |
|  | **Utilities - 0.9%** |  |
| 7790 | Public Service Enterprise Group, Inc. | 655762 |
|  | **TOTAL COMMON STOCKS (Cost $72,358,860)** | 71541448 |
|  | **EXCHANGE-TRADED FUNDS — 2.0%** |  |
|  | **Equity - 2.0%** |  |
| 5348 | iShares Russell Mid-Cap Growth ETF | 741661 |
| 8149 | iShares S&P Mid-Cap 400 Growth ETF | 741396 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $1,421,636)** | 1483057 |
|  | **TOTAL INVESTMENTS - 99.3% (Cost $73,780,496)** | $73024505 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.7%** | 512968 |
|  | **NET ASSETS - 100.0%** | $73537473 |

---

<sup>(a)</sup> Non-income producing security.

PLC – Public Limited Company

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** New Age Alpha Funds Trust

- **b. Investment Company Act file number:** 811-23945

- **c. CIK number of Registrant:** 0002013853

- **d. LEI of Registrant:** 529900860B9CQ8SDNS27

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

  - **Street Address 1:** 555 Theodore Fremd Avenue

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580

  - **Telephone number:** 212-922-2699

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

- **a. Name of Series:** NAA MID GROWTH FUND

- **b. EDGAR series identifier (if any):** S000087628

- **c. LEI of Series:** 529900AHGTLUBB1VL311

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $73724122.15

**Total Liabilities:** $186649.29

**Net Assets:** $73537472.86

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253484 | 0.00%                | 6.75%                | 1.84%                |
| Class ID C000253483 | -0.08%               | 6.67%                | 1.78%                |
| Class ID C000253481 | 0.00%                | 6.78%                | 1.87%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-247086.40              | $257730.93                                 |
| Month 2  | $46918.22                | $4606640.72                                |
| Month 3  | $847757.27               | $484516.71                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| United Therapeutics Corporation              | United Therapeutics Corporation          | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      2863 | NS      | $822683.05    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                     | Saia, Inc.                               | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      1767 | NS      | $484140.33    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc.                        | BWX Technologies, Inc.                   | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      5637 | NS      | $812066.22    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                | Owens Corning                            | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |      5991 | NS      | $823882.32    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc                    | Kinsale Capital Group, Inc.              | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |      1456 | NS      | $704558.40    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc.                        | Medpace Holdings, Inc.                   | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |      1570 | NS      | $492760.20    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp.                                    | SLM Corporation                          | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13767 | NS      | $451419.93    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | BBH Overnight Sweep                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |    601491 | PA      | $601491.29    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                     | Western Alliance Bancorp                 | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |      7440 | NS      | $580171.20    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                                 | Wingstop, Inc.                           | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      1999 | NS      | $673143.26    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica, Inc.                              | Primerica, Inc.                          | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      2156 | NS      | $590032.52    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corporation                      | Boyd Gaming Corporation                  | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |      2420 | NS      | $189316.60    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                      | ITT, Inc.                                | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |      3703 | NS      | $580741.49    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel Plus Leisure Co                       | Travel + Leisure Company                 | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |      4534 | NS      | $233999.74    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                                 | Docusign, Inc.                           | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |     13641 | NS      | $1062497.49   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Novanta Inc                                  | Novanta, Inc.                            | CUSIP: 67000B104<br>LEI: 549300NBPHPTUPTS8070 | Long             | EC               | CORP              | US        |      1527 | NS      | $196876.11    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                       | Permian Resources Corporation            | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |     40111 | NS      | $546311.82    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corporation                 | Tenet Healthcare Corporation             | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      3486 | NS      | $613536.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Downs Inc                          | Churchill Downs, Inc.                    | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |      4895 | NS      | $494395.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Display Corp.                      | Universal Display Corporation            | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1402 | NS      | $216552.92    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International Plc                | Weatherford International PLC            | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | US        |      2321 | NS      | $116769.51    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AppFolio Inc.                                | APPFOLIO, INC. CLASS A                   | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |      1548 | NS      | $356473.44    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana Pacific Corporation                | Louisiana-Pacific Corporation            | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |      4275 | NS      | $367607.25    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Topbuild Corporation                         | TopBuild Corporation                     | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |      1946 | NS      | $629998.04    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                              | EMCOR Group, Inc.                        | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      2160 | NS      | $1155362.40   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic, Inc.                           | Cirrus Logic, Inc.                       | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      2150 | NS      | $224148.25    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                             | Donaldson Company, Inc.                  | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |      4623 | NS      | $320605.05    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                        | American Homes 4 Rent Class A            | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |      8039 | NS      | $289966.73    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Incorporated | Public Service Enterprise Group, Inc.    | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |      7790 | NS      | $655762.20    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ESAB Corp.                                   | ESAB Corporation                         | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |      4006 | NS      | $482923.30    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc                       | Guidewire Software, Inc.                 | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |      4246 | NS      | $999720.70    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptargroup Inc.                              | AptarGroup, Inc.                         | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |      2347 | NS      | $367141.21    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                          | Clean Harbors, Inc.                      | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      3281 | NS      | $758501.58    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                             | DT Midstream, Inc.                       | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6635 | NS      | $729252.85    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                                  | Ecolab, Inc.                             | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      4029 | NS      | $1085573.76   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc               | BJ's Wholesale Club Holdings, Inc.       | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      4121 | NS      | $444367.43    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| NVent Electric PLC                           | nVent Electric PLC                       | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10453 | NS      | $765682.25    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                | ISHARES RUSSEL MIDCAP                    | CUSIP: 464287481<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      5348 | NS      | $741660.64    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp.                        | MGIC Investment Corporation              | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |      7304 | NS      | $203343.36    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| The New York Times Company                   | New York Times Company (The) Class A     | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |      5905 | NS      | $330561.90    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co Inc.                | Simpson Manufacturing Company, Inc.      | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |      1914 | NS      | $297263.34    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                   | Neurocrine Biosciences, Inc.             | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      6383 | NS      | $802279.27    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc                            | Hamilton Lane, Inc.                      | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |      3157 | NS      | $448672.84    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion PLC                                 | Allegion plc                             | CUSIP: G0176J109<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |      1598 | NS      | $230303.76    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Block(H&R)Inc                                | H&R Block, Inc.                          | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |      8790 | NS      | $482483.10    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc.                    | Lennox International, Inc.               | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |      1110 | NS      | $636296.40    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| E L F Beauty Inc                             | e.l.f. Beauty, Inc.                      | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |      3584 | NS      | $445992.96    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation                 | Encompass Health Corporation             | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      4690 | NS      | $575134.70    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc.                     | Comfort Systems USA, Inc.                | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      2100 | NS      | $1126041.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX Inc                                      | WEX, Inc.                                | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |      1611 | NS      | $236639.79    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc                   | Grand Canyon Education, Inc.             | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |      1791 | NS      | $338499.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Oneok Inc.                                   | ONEOK, Inc.                              | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     12083 | NS      | $986335.29    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                              | Core & Main Inc. - Class A               | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7998 | NS      | $482679.30    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                            | Expedia Group, Inc.                      | CUSIP: 30212P303<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | EC               | CORP              | US        |      4472 | NS      | $754336.96    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc                | Interactive Brokers Group, Inc. Class A  | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     19934 | NS      | $1104542.94   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health Inc                       | IES Holdings, Inc.                       | CUSIP: 433000106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11673 | NS      | $581899.05    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc.                          | Planet Fitness, Inc. Class A             | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |      5242 | NS      | $571640.10    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarepta Therapeutics Inc                     | Sarepta Therapeutics, Inc.               | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Long             | EC               | CORP              | US        |     12161 | NS      | $207953.10    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc.                                | Woodward, Inc.                           | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |      3763 | NS      | $922273.67    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                    | Halozyme Therapeutics, Inc.              | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      8213 | NS      | $427240.26    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                     | Simon Property Group, Inc. REIT          | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      6673 | NS      | $1072751.48   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corporation                | Paylocity Holding Corporation            | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |      3006 | NS      | $544657.14    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Company                    | Matador Resources Company                | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |      4602 | NS      | $219607.44    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc.                          | HOULIHAN LOKEY, INC.                     | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      3558 | NS      | $640262.10    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc                             | Ensign Group, Inc. (The)                 | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      3574 | NS      | $551325.24    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs Inc                                    | Crocs, Inc.                              | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |      3875 | NS      | $392460.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                                      | ATI, Inc.                                | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |      9341 | NS      | $806501.94    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc.                | Watts Water Technologies, Inc. Class A   | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |       935 | NS      | $229907.15    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Markets Inc                  | Sprouts Farmers Market, Inc.             | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |      6435 | NS      | $1059458.40   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                           | SEI Investments Company                  | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |      3844 | NS      | $345421.84    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                | Dynatrace, Inc.                          | CUSIP: 268150109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18837 | NS      | $1039990.77   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Limited               | Axalta Coating Systems Ltd.              | CUSIP: G0750C108<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | BM        |      8208 | NS      | $243695.52    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Inc.                                | Penumbra, Inc.                           | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |      1648 | NS      | $422926.24    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc.                      | Tyler Technologies, Inc.                 | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |      1527 | NS      | $905266.68    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ansys Inc                                    | ANSYS, Inc.                              | CUSIP: 03662Q105<br>LEI: 549300VJV8H15Z5FJ571 | Long             | EC               | CORP              | US        |      1366 | NS      | $479766.52    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Davita Inc                                   | DaVita, Inc.                             | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |      1460 | NS      | $207977.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                             | RBC Bearings, Inc.                       | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2088 | NS      | $803462.40    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc                  | Ryan Specialty Group Holdings, Inc.      | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6938 | NS      | $471714.62    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                                   | Qualys, Inc.                             | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |      1431 | NS      | $204446.97    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                                 | Doximity, Inc.                           | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9015 | NS      | $552980.10    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Aaon Inc                                     | AAON, Inc.                               | CUSIP: 000360206<br>LEI: 549300ZHF0E5VM7PUD37 | Long             | EC               | CORP              | US        |      4863 | NS      | $358646.25    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                          | Shift4 Pmts, Inc. CL A                   | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4593 | NS      | $455212.23    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox Inc                                  | Dropbox, Inc. Class A                    | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |      8054 | NS      | $230344.40    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Light & Wonder Inc                           | Light & Wonder, Inc.                     | CUSIP: 80874P109<br>LEI: 529900JXALYBOHXKFM62 | Long             | EC               | CORP              | US        |      5863 | NS      | $564372.38    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc.                      | TKO Group Holdings Inc. Class A          | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2151 | NS      | $391374.45    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                            | Brown & Brown, Inc.                      | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |      7954 | NS      | $881859.98    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                                    | Chewy, Inc. Class A                      | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |     13086 | NS      | $557725.32    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc                        | Lantheus Holdings, Inc.                  | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |      4632 | NS      | $379175.52    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Abercrombie & Fitch Co                       | Abercrombie & Fitch Company Class A      | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |      3348 | NS      | $277381.80    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                                 | Evercore Partners, Inc. Class A          | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      2340 | NS      | $631846.80    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                        | Deckers Outdoor Corporation              | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      5673 | NS      | $584716.11    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                               | Tetra Tech, Inc.                         | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |     17326 | NS      | $623042.96    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp                                  | Gentex Corporation                       | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |      6317 | NS      | $138910.83    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DexCom Inc                                   | DexCom, Inc.                             | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      6061 | NS      | $529064.69    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                       | Equitable Holdings, Inc.                 | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     19831 | NS      | $1112519.10   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners Inc.             | Pinnacle Financial Partners, Inc.        | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |      3389 | NS      | $374179.49    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Company                    | Lamar Advertising Company Class A        | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |      3702 | NS      | $449274.72    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties Inc            | Gaming and Leisure Properties, Inc. REIT | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |      8010 | NS      | $373906.80    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                           | Ralph Lauren Corporation                 | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      1371 | NS      | $376037.88    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc.                    | Super Micro Computer, Inc.               | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |     17002 | NS      | $833268.02    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                         | Curtiss-Wright Corporation               | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      2266 | NS      | $1107054.30   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc.                       | Burlington Stores, Inc.                  | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      4404 | NS      | $1024546.56   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                          | Paycom Software, Inc.                    | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      1826 | NS      | $422536.40    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthequity Inc                             | HealthEquity, Inc.                       | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |      5987 | NS      | $627198.12    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                         | Chart Industries, Inc.                   | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |      3025 | NS      | $498066.25    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                              | Morningstar, Inc.                        | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |      1754 | NS      | $550633.22    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Renaissancere Holdings Ltd.                  | RenaissanceRe Holdings Ltd.              | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |      3176 | NS      | $771450.40    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International Inc.                | Somnigroup International                 | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |      8157 | NS      | $555083.85    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc.                                    | OKTA, INC.                               | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |     10588 | NS      | $1058482.36   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International Inc.                       | RPM International, Inc.                  | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |      5215 | NS      | $572815.60    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc.               | Lincoln Electric Holdings, Inc.          | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      2127 | NS      | $440969.64    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc.          | Broadridge Financial Solutions, Inc.     | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      1813 | NS      | $440613.39    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems Inc.                       | CommVault Systems, Inc.                  | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |      3015 | NS      | $525604.95    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                          | Texas Roadhouse, Inc.                    | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      4273 | NS      | $800802.93    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Duolingo Inc                                 | DUOLINGO                                 | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2191 | NS      | $898353.82    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates Inc                     | Manhattan Associates, Inc.               | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |      4098 | NS      | $809232.06    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation                 | Stifel Financial Corporation             | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |      4767 | NS      | $494719.26    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                        | AECOM                                    | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |      4644 | NS      | $524121.84    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                                | RB Global Inc.                           | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |     10021 | NS      | $1064129.99   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                  | Paychex, Inc.                            | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |      5343 | NS      | $777192.78    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.                         | Eagle Materials, Inc.                    | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      2275 | NS      | $459800.25    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                        | Colgate-Palmolive Company                | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     11892 | NS      | $1080982.80   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Lifestyle Properties Inc              | Equity LifeStyle Properties, Inc. REIT   | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |      6299 | NS      | $388459.33    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                | ISHARES S&P MIDCAP 400 GROWTH INDEX FUND | CUSIP: 464287606<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      8149 | NS      | $741396.02    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                                     | RLI Corporation                          | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |      5632 | NS      | $406743.04    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers, Inc.                   | Cullen/Frost Bankers, Inc.               | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |      3095 | NS      | $397831.30    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| American Airlines Group Inc                  | American Airlines Group, Inc.            | CUSIP: 02376R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48602 | NS      | $545314.44    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Med Inc                               | Globus Medical, Inc. Class A             | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |      7962 | NS      | $469917.24    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** New Age Alpha Funds Trust

**Signature:** Keith D. Kemp

**Name of Signer:** Keith D. Kemp

**Title:** President