# EDGAR Filing Document

**Accession Number:** 0000891190
**File Stem:** 0000891190-26-000049
**Filing Date:** 2026-1
**Character Count:** 192755
**Document Hash:** 285ad4687ffa300d28ddbb1dc4c2bdef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000891190-26-000049.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0000891190-26-000049

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VANGUARD ADMIRAL FUNDS
- **CENTRAL INDEX KEY:** 0000891190

**ORGANIZATION NAME:**
- **EIN:** 232696041
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07043
- **FILM NUMBER:** 26567949

**BUSINESS ADDRESS:**
- **STREET 1:** P.O. BOX 2600, V26
- **CITY:** VALLEY FORGE
- **STATE:** PA
- **ZIP:** 19482
- **BUSINESS PHONE:** 6106691000

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 2600  V26
- **CITY:** VALLEY FORGE
- **STATE:** PA
- **ZIP:** 19482

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VANGUARD ADMIRAL FUNDS INC
- **DATE OF NAME CHANGE:** 19920908

## Series and Classes Contracts Data

### Vanguard S&P Mid-Cap 400 Index Fund (Series ID: S000030014)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000092038 | ETF Shares           | IVOO            |
| C000092039 | Institutional Shares | VSPMX           |

## Nport-Ex

Vanguard<sup>®</sup> S&P Mid-Cap 400 Index Fund

Schedule of Investments (unaudited)

As of November 30, 2025

The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund's Form N-PORT reports are available on the SEC's website at www.sec.gov.

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| **Common Stocks (99.8%)** | **Common Stocks (99.8%)** | **Common Stocks (99.8%)** | **Common Stocks (99.8%)** |
| **Communication Services (1.4%)** | **Communication Services (1.4%)** | **Communication Services (1.4%)** | **Communication Services (1.4%)** |
|  | New York Times Co. Class A | &nbsp;&nbsp;241228 | &nbsp;&nbsp;15559 |
| <sup>\*</sup> | EchoStar Corp. Class A | &nbsp;&nbsp;200155 | &nbsp;&nbsp;14669 |
| <sup>\*</sup> | Frontier Communications Parent Inc. | &nbsp;&nbsp;372590 | &nbsp;&nbsp;14129 |
|  | Nexstar Media Group Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;42398 | &nbsp;&nbsp;&nbsp;&nbsp;8146 |
|  | Warner Music Group Corp. Class A | &nbsp;&nbsp;216925 | &nbsp;&nbsp;&nbsp;&nbsp;6126 |
| <sup>\*</sup> | ZoomInfo Technologies Inc. Class A | &nbsp;&nbsp;418387 | &nbsp;&nbsp;&nbsp;&nbsp;4150 |
|  | Iridium Communications Inc. | &nbsp;&nbsp;158333 | &nbsp;&nbsp;&nbsp;&nbsp;2597 |
|  |  |  | &nbsp;&nbsp;**65376** |
| **Consumer Discretionary (11.6%)** | **Consumer Discretionary (11.6%)** | **Consumer Discretionary (11.6%)** | **Consumer Discretionary (11.6%)** |
|  | Somnigroup International Inc. | &nbsp;&nbsp;312440 | &nbsp;&nbsp;28594 |
| <sup>\*</sup> | Burlington Stores Inc. | &nbsp;&nbsp;&nbsp;&nbsp;92755 | &nbsp;&nbsp;23396 |
|  | Dick's Sporting Goods Inc. | &nbsp;&nbsp;&nbsp;&nbsp;99522 | &nbsp;&nbsp;20558 |
|  | Toll Brothers Inc. | &nbsp;&nbsp;146190 | &nbsp;&nbsp;20442 |
| <sup>\*</sup> | TopBuild Corp. | &nbsp;&nbsp;&nbsp;&nbsp;41652 | &nbsp;&nbsp;18848 |
|  | Texas Roadhouse Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;98927 | &nbsp;&nbsp;17337 |
|  | Service Corp. International | &nbsp;&nbsp;208757 | &nbsp;&nbsp;16582 |
|  | Aramark | &nbsp;&nbsp;391293 | &nbsp;&nbsp;14544 |
| <sup>\*</sup> | Planet Fitness Inc. Class A | &nbsp;&nbsp;124918 | &nbsp;&nbsp;13987 |
| <sup>\*</sup> | GameStop Corp. Class A | &nbsp;&nbsp;612596 | &nbsp;&nbsp;13802 |
| <sup>\*</sup> | Five Below Inc. | &nbsp;&nbsp;&nbsp;&nbsp;81954 | &nbsp;&nbsp;13513 |
|  | Autoliv Inc. | &nbsp;&nbsp;105157 | &nbsp;&nbsp;12407 |
|  | Lithia Motors Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;38165 | &nbsp;&nbsp;12169 |
| <sup>\*</sup> | Chewy Inc. Class A | &nbsp;&nbsp;331822 | &nbsp;&nbsp;11537 |
| <sup>\*</sup> | Duolingo Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;59086 | &nbsp;&nbsp;11310 |
| <sup>\*</sup> | Ollie's Bargain Outlet Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;91312 | &nbsp;&nbsp;11241 |
|  | Wingstop Inc. | &nbsp;&nbsp;&nbsp;&nbsp;41567 | &nbsp;&nbsp;11004 |
|  | Churchill Downs Inc. | &nbsp;&nbsp;&nbsp;&nbsp;99174 | &nbsp;&nbsp;10819 |
|  | Hyatt Hotels Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;63019 | &nbsp;&nbsp;10360 |
| <sup>\*</sup> | Floor & Decor Holdings Inc. Class A | &nbsp;&nbsp;160299 | &nbsp;&nbsp;10198 |
| <sup>\*</sup> | Mattel Inc. | &nbsp;&nbsp;479552 | &nbsp;&nbsp;10128 |
|  | Murphy USA Inc. | &nbsp;&nbsp;&nbsp;&nbsp;26128 | &nbsp;&nbsp;10061 |
| <sup>\*</sup> | Taylor Morrison Home Corp. Class A | &nbsp;&nbsp;147099 | &nbsp;&nbsp;&nbsp;&nbsp;9222 |
|  | Gap Inc. | &nbsp;&nbsp;338625 | &nbsp;&nbsp;&nbsp;&nbsp;9167 |
|  | Macy's Inc. | &nbsp;&nbsp;404013 | &nbsp;&nbsp;&nbsp;&nbsp;9034 |
| <sup>\*</sup> | AutoNation Inc. | &nbsp;&nbsp;&nbsp;&nbsp;42084 | &nbsp;&nbsp;&nbsp;&nbsp;8892 |
|  | VF Corp. | &nbsp;&nbsp;488037 | &nbsp;&nbsp;&nbsp;&nbsp;8541 |
|  | Lear Corp. | &nbsp;&nbsp;&nbsp;&nbsp;79168 | &nbsp;&nbsp;&nbsp;&nbsp;8499 |
|  | H&R Block Inc. | &nbsp;&nbsp;199253 | &nbsp;&nbsp;&nbsp;&nbsp;8393 |
|  | Thor Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;79162 | &nbsp;&nbsp;&nbsp;&nbsp;8361 |
|  | Wyndham Hotels & Resorts Inc. | &nbsp;&nbsp;113618 | &nbsp;&nbsp;&nbsp;&nbsp;8317 |
|  | Vail Resorts Inc. | &nbsp;&nbsp;&nbsp;&nbsp;55271 | &nbsp;&nbsp;&nbsp;&nbsp;7750 |
|  | Gentex Corp. | &nbsp;&nbsp;326473 | &nbsp;&nbsp;&nbsp;&nbsp;7453 |
|  | Boyd Gaming Corp. | &nbsp;&nbsp;&nbsp;&nbsp;88256 | &nbsp;&nbsp;&nbsp;&nbsp;7352 |
| <sup>\*</sup> | Cava Group Inc. | &nbsp;&nbsp;148287 | &nbsp;&nbsp;&nbsp;&nbsp;7250 |
| <sup>\*</sup> | Abercrombie & Fitch Co. Class A | &nbsp;&nbsp;&nbsp;&nbsp;70771 | &nbsp;&nbsp;&nbsp;&nbsp;6926 |
| <sup>\*</sup> | Crocs Inc. | &nbsp;&nbsp;&nbsp;&nbsp;81211 | &nbsp;&nbsp;&nbsp;&nbsp;6901 |
|  | Travel + Leisure Co. | &nbsp;&nbsp;&nbsp;&nbsp;96510 | &nbsp;&nbsp;&nbsp;&nbsp;6619 |
| <sup>\*</sup> | Grand Canyon Education Inc. | &nbsp;&nbsp;&nbsp;&nbsp;41264 | &nbsp;&nbsp;&nbsp;&nbsp;6509 |
|  | KB Home | &nbsp;&nbsp;101124 | &nbsp;&nbsp;&nbsp;&nbsp;6505 |
| <sup>1</sup> | Whirlpool Corp. | &nbsp;&nbsp;&nbsp;&nbsp;83062 | &nbsp;&nbsp;&nbsp;&nbsp;6425 |
|  | Brunswick Corp. | &nbsp;&nbsp;&nbsp;&nbsp;97083 | &nbsp;&nbsp;&nbsp;&nbsp;6418 |
|  | PVH Corp. | &nbsp;&nbsp;&nbsp;&nbsp;71422 | &nbsp;&nbsp;&nbsp;&nbsp;6054 |
| <sup>\*</sup> | Valvoline Inc. | &nbsp;&nbsp;188959 | &nbsp;&nbsp;&nbsp;&nbsp;5916 |
|  | Graham Holdings Co. Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5061 | &nbsp;&nbsp;&nbsp;&nbsp;5600 |
|  | Bath & Body Works Inc. | &nbsp;&nbsp;314678 | &nbsp;&nbsp;&nbsp;&nbsp;5479 |
|  | Polaris Inc. | &nbsp;&nbsp;&nbsp;&nbsp;79344 | &nbsp;&nbsp;&nbsp;&nbsp;5265 |
| <sup>\*</sup> | YETI Holdings Inc. | &nbsp;&nbsp;121191 | &nbsp;&nbsp;&nbsp;&nbsp;5027 |
| <sup>\*</sup> | Capri Holdings Ltd. | &nbsp;&nbsp;177628 | &nbsp;&nbsp;&nbsp;&nbsp;4506 |
|  | Penske Automotive Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;27593 | &nbsp;&nbsp;&nbsp;&nbsp;4462 |
|  | Harley-Davidson Inc. | &nbsp;&nbsp;181375 | &nbsp;&nbsp;&nbsp;&nbsp;4442 |
|  | Visteon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;40692 | &nbsp;&nbsp;&nbsp;&nbsp;4201 |
| <sup>\*</sup> | Hilton Grand Vacations Inc. | &nbsp;&nbsp;&nbsp;&nbsp;92043 | &nbsp;&nbsp;&nbsp;&nbsp;3942 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| <sup>\*</sup> | Goodyear Tire & Rubber Co. | &nbsp;&nbsp;&nbsp;&nbsp;427023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3698 |
| <sup>\*</sup> | RH | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3612 |
|  | Choice Hotels International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2816 |
|  | Marriott Vacations Worldwide Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2255 |
|  | Columbia Sportswear Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2062 |
| <sup>\*</sup> | Under Armour Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;280273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1295 |
| <sup>\*</sup> | Under Armour Inc. Class C | &nbsp;&nbsp;&nbsp;&nbsp;182616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809 |
|  |  |  | &nbsp;&nbsp;**548812** |
| **Consumer Staples (4.4%)** | **Consumer Staples (4.4%)** | **Consumer Staples (4.4%)** | **Consumer Staples (4.4%)** |
|  | Casey's General Stores Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55344 | &nbsp;&nbsp;&nbsp;&nbsp;31571 |
| <sup>\*</sup> | US Foods Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;335210 | &nbsp;&nbsp;&nbsp;&nbsp;26371 |
| <sup>\*</sup> | Performance Food Group Co. | &nbsp;&nbsp;&nbsp;&nbsp;232993 | &nbsp;&nbsp;&nbsp;&nbsp;22617 |
| <sup>\*</sup> | BJ's Wholesale Club Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;196571 | &nbsp;&nbsp;&nbsp;&nbsp;17540 |
|  | Coca-Cola Consolidated Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89216 | &nbsp;&nbsp;&nbsp;&nbsp;14538 |
| <sup>\*</sup> | Sprouts Farmers Market Inc. | &nbsp;&nbsp;&nbsp;&nbsp;145473 | &nbsp;&nbsp;&nbsp;&nbsp;12192 |
| <sup>\*</sup> | Maplebear Inc. | &nbsp;&nbsp;&nbsp;&nbsp;274491 | &nbsp;&nbsp;&nbsp;&nbsp;11531 |
|  | Albertsons Cos. Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;600089 | &nbsp;&nbsp;&nbsp;&nbsp;11000 |
|  | Ingredion Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95547 | &nbsp;&nbsp;&nbsp;&nbsp;10275 |
| <sup>\*</sup> | Celsius Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;238046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9746 |
| <sup>\*</sup> | Darling Ingredients Inc. | &nbsp;&nbsp;&nbsp;&nbsp;235390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8618 |
| <sup>\*</sup> | Post Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7398 |
| <sup>\*</sup> | elf Beauty Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6718 |
| <sup>\*</sup> | BellRing Brands Inc. | &nbsp;&nbsp;&nbsp;&nbsp;187113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5780 |
|  | Marzetti Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5058 |
|  | Flowers Foods Inc. | &nbsp;&nbsp;&nbsp;&nbsp;315231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3382 |
|  | Pilgrim's Pride Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2426 |
| <sup>\*</sup> | Boston Beer Co. Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 |
| <sup>\*</sup> | Coty Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;546968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1816 |
|  |  |  | &nbsp;&nbsp;**210877** |
| **Energy (4.2%)** | **Energy (4.2%)** | **Energy (4.2%)** | **Energy (4.2%)** |
|  | TechnipFMC plc | &nbsp;&nbsp;&nbsp;&nbsp;611898 | &nbsp;&nbsp;&nbsp;&nbsp;27695 |
|  | DT Midstream Inc. | &nbsp;&nbsp;&nbsp;&nbsp;151259 | &nbsp;&nbsp;&nbsp;&nbsp;18372 |
| <sup>\*</sup> | Antero Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;436931 | &nbsp;&nbsp;&nbsp;&nbsp;15917 |
|  | Ovintiv Inc. | &nbsp;&nbsp;&nbsp;&nbsp;382728 | &nbsp;&nbsp;&nbsp;&nbsp;15677 |
|  | Permian Resources Corp. | &nbsp;&nbsp;1041265 | &nbsp;&nbsp;&nbsp;&nbsp;15088 |
|  | Range Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;354643 | &nbsp;&nbsp;&nbsp;&nbsp;14005 |
|  | HF Sinclair Corp. | &nbsp;&nbsp;&nbsp;&nbsp;236758 | &nbsp;&nbsp;&nbsp;&nbsp;12527 |
|  | Viper Energy Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;251126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9174 |
|  | Antero Midstream Corp. | &nbsp;&nbsp;&nbsp;&nbsp;498519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8978 |
|  | NOV Inc. | &nbsp;&nbsp;&nbsp;&nbsp;553021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8494 |
| <sup>\*</sup> | CNX Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;210404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8172 |
|  | Chord Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7994 |
|  | Weatherford International plc | &nbsp;&nbsp;&nbsp;&nbsp;106852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7993 |
|  | Matador Resources Co. | &nbsp;&nbsp;&nbsp;&nbsp;174064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7380 |
|  | Murphy Oil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;199448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6396 |
| <sup>\*</sup> | Valaris Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5551 |
|  | PBF Energy Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;121995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4206 |
|  | Civitas Resources Inc. | &nbsp;&nbsp;&nbsp;&nbsp;124423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3654 |
|  |  |  | &nbsp;&nbsp;**197273** |
| **Financials (16.3%)** | **Financials (16.3%)** | **Financials (16.3%)** | **Financials (16.3%)** |
|  | Fidelity National Financial Inc. | &nbsp;&nbsp;&nbsp;&nbsp;380208 | &nbsp;&nbsp;&nbsp;&nbsp;22596 |
|  | East West Bancorp Inc. | &nbsp;&nbsp;&nbsp;&nbsp;205165 | &nbsp;&nbsp;&nbsp;&nbsp;21891 |
|  | Annaly Capital Management Inc. | &nbsp;&nbsp;&nbsp;&nbsp;955806 | &nbsp;&nbsp;&nbsp;&nbsp;21792 |
|  | Carlyle Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;387641 | &nbsp;&nbsp;&nbsp;&nbsp;21138 |
|  | Equitable Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;445870 | &nbsp;&nbsp;&nbsp;&nbsp;20818 |
|  | Reinsurance Group of America Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98398 | &nbsp;&nbsp;&nbsp;&nbsp;18683 |
|  | Stifel Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;152110 | &nbsp;&nbsp;&nbsp;&nbsp;18557 |
|  | Evercore Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57456 | &nbsp;&nbsp;&nbsp;&nbsp;18390 |
|  | RenaissanceRe Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70067 | &nbsp;&nbsp;&nbsp;&nbsp;18299 |
|  | Unum Group | &nbsp;&nbsp;&nbsp;&nbsp;233256 | &nbsp;&nbsp;&nbsp;&nbsp;17720 |
|  | Ally Financial Inc. | &nbsp;&nbsp;&nbsp;&nbsp;416933 | &nbsp;&nbsp;&nbsp;&nbsp;17219 |
|  | First Horizon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;755961 | &nbsp;&nbsp;&nbsp;&nbsp;16888 |
|  | Old Republic International Corp. | &nbsp;&nbsp;&nbsp;&nbsp;340339 | &nbsp;&nbsp;&nbsp;&nbsp;15690 |
|  | Comerica Inc. | &nbsp;&nbsp;&nbsp;&nbsp;191328 | &nbsp;&nbsp;&nbsp;&nbsp;15379 |
|  | Webster Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;247434 | &nbsp;&nbsp;&nbsp;&nbsp;14747 |
|  | Houlihan Lokey Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80945 | &nbsp;&nbsp;&nbsp;&nbsp;14198 |
|  | American Financial Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;103049 | &nbsp;&nbsp;&nbsp;&nbsp;14192 |
|  | Jefferies Financial Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;245632 | &nbsp;&nbsp;&nbsp;&nbsp;14139 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | SouthState Bank Corp. | &nbsp;&nbsp;150678 | &nbsp;&nbsp;&nbsp;&nbsp;13487 |
|  | Wintrust Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;99690 | &nbsp;&nbsp;&nbsp;&nbsp;13360 |
|  | Kinsale Capital Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32953 | &nbsp;&nbsp;&nbsp;&nbsp;12684 |
|  | Western Alliance Bancorp | &nbsp;&nbsp;154089 | &nbsp;&nbsp;&nbsp;&nbsp;12563 |
|  | Primerica Inc. | &nbsp;&nbsp;&nbsp;&nbsp;48231 | &nbsp;&nbsp;&nbsp;&nbsp;12411 |
|  | Columbia Banking System Inc. | &nbsp;&nbsp;445164 | &nbsp;&nbsp;&nbsp;&nbsp;12340 |
|  | Cullen/Frost Bankers Inc. | &nbsp;&nbsp;&nbsp;&nbsp;95784 | &nbsp;&nbsp;&nbsp;&nbsp;11850 |
|  | UMB Financial Corp. | &nbsp;&nbsp;106256 | &nbsp;&nbsp;&nbsp;&nbsp;11803 |
|  | Zions Bancorp NA | &nbsp;&nbsp;219780 | &nbsp;&nbsp;&nbsp;&nbsp;11699 |
|  | Affiliated Managers Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;42302 | &nbsp;&nbsp;&nbsp;&nbsp;11372 |
|  | SEI Investments Co. | &nbsp;&nbsp;139904 | &nbsp;&nbsp;&nbsp;&nbsp;11313 |
|  | Old National Bancorp | &nbsp;&nbsp;519216 | &nbsp;&nbsp;&nbsp;&nbsp;11283 |
|  | Cadence Bank | &nbsp;&nbsp;277390 | &nbsp;&nbsp;&nbsp;&nbsp;11051 |
|  | Pinnacle Financial Partners Inc. | &nbsp;&nbsp;114476 | &nbsp;&nbsp;&nbsp;&nbsp;10495 |
|  | Voya Financial Inc. | &nbsp;&nbsp;143531 | &nbsp;&nbsp;&nbsp;&nbsp;10090 |
|  | First American Financial Corp. | &nbsp;&nbsp;151535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9965 |
|  | Commerce Bancshares Inc. | &nbsp;&nbsp;184749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9960 |
|  | Synovus Financial Corp. | &nbsp;&nbsp;206611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9959 |
|  | Hanover Insurance Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;53247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9880 |
|  | Ryan Specialty Holdings Inc. Class A | &nbsp;&nbsp;167734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9740 |
|  | MGIC Investment Corp. | &nbsp;&nbsp;343152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9728 |
|  | Prosperity Bancshares Inc. | &nbsp;&nbsp;141399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9716 |
|  | Starwood Property Trust Inc. | &nbsp;&nbsp;513677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9421 |
|  | FirstCash Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;58117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9206 |
|  | Essent Group Ltd. | &nbsp;&nbsp;146656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9204 |
|  | SLM Corp. | &nbsp;&nbsp;310231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9090 |
|  | FNB Corp. | &nbsp;&nbsp;534412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8893 |
|  | RLI Corp. | &nbsp;&nbsp;136667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8427 |
|  | Janus Henderson Group plc | &nbsp;&nbsp;185657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8115 |
|  | Valley National Bancorp | &nbsp;&nbsp;716086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8106 |
|  | Glacier Bancorp Inc. | &nbsp;&nbsp;191326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8093 |
|  | United Bankshares Inc. | &nbsp;&nbsp;210210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7828 |
|  | Morningstar Inc. | &nbsp;&nbsp;&nbsp;&nbsp;36390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7819 |
|  | Home BancShares Inc. | &nbsp;&nbsp;272631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7650 |
|  | Hancock Whitney Corp. | &nbsp;&nbsp;126071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7639 |
| <sup>\*,1</sup> | WEX Inc. | &nbsp;&nbsp;&nbsp;&nbsp;50957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7560 |
|  | Hamilton Lane Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;60190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7460 |
| <sup>\*,1</sup> | Shift4 Payments Inc. Class A | &nbsp;&nbsp;100059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7382 |
|  | Bank OZK | &nbsp;&nbsp;157440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7245 |
|  | Selective Insurance Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;90507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7110 |
|  | Associated Banc-Corp | &nbsp;&nbsp;242848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6385 |
| <sup>\*</sup> | Texas Capital Bancshares Inc. | &nbsp;&nbsp;&nbsp;&nbsp;67998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6131 |
|  | First Financial Bankshares Inc. | &nbsp;&nbsp;193568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6047 |
|  | CNO Financial Group Inc. | &nbsp;&nbsp;144058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5896 |
| <sup>\*</sup> | Brighthouse Financial Inc. | &nbsp;&nbsp;&nbsp;&nbsp;84926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5567 |
|  | Federated Hermes Inc. Class B | &nbsp;&nbsp;109827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5510 |
|  | Flagstar Bank NA | &nbsp;&nbsp;446440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5464 |
|  | International Bancshares Corp. | &nbsp;&nbsp;&nbsp;&nbsp;80688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5364 |
| <sup>\*</sup> | Euronet Worldwide Inc. | &nbsp;&nbsp;&nbsp;&nbsp;60313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4469 |
|  | Kemper Corp. | &nbsp;&nbsp;&nbsp;&nbsp;93651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3814 |
|  |  |  | &nbsp;&nbsp;**769980** |
| **Health Care (9.3%)** | **Health Care (9.3%)** | **Health Care (9.3%)** | **Health Care (9.3%)** |
| <sup>\*</sup> | United Therapeutics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;67318 | &nbsp;&nbsp;&nbsp;&nbsp;32717 |
| <sup>\*</sup> | Illumina Inc. | &nbsp;&nbsp;228790 | &nbsp;&nbsp;&nbsp;&nbsp;30074 |
| <sup>\*</sup> | Tenet Healthcare Corp. | &nbsp;&nbsp;131509 | &nbsp;&nbsp;&nbsp;&nbsp;28516 |
| <sup>\*</sup> | Neurocrine Biosciences Inc. | &nbsp;&nbsp;147629 | &nbsp;&nbsp;&nbsp;&nbsp;22463 |
| <sup>\*</sup> | Medpace Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;33040 | &nbsp;&nbsp;&nbsp;&nbsp;19575 |
| <sup>\*</sup> | Exelixis Inc. | &nbsp;&nbsp;400704 | &nbsp;&nbsp;&nbsp;&nbsp;17699 |
|  | Encompass Health Corp. | &nbsp;&nbsp;149939 | &nbsp;&nbsp;&nbsp;&nbsp;17426 |
| <sup>\*</sup> | Elanco Animal Health Inc. | &nbsp;&nbsp;739456 | &nbsp;&nbsp;&nbsp;&nbsp;17207 |
| <sup>\*</sup> | Penumbra Inc. | &nbsp;&nbsp;&nbsp;&nbsp;58052 | &nbsp;&nbsp;&nbsp;&nbsp;17019 |
| <sup>\*</sup> | BioMarin Pharmaceutical Inc. | &nbsp;&nbsp;285815 | &nbsp;&nbsp;&nbsp;&nbsp;15986 |
| <sup>\*</sup> | Jazz Pharmaceuticals plc | &nbsp;&nbsp;&nbsp;&nbsp;90290 | &nbsp;&nbsp;&nbsp;&nbsp;15939 |
|  | Ensign Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;85280 | &nbsp;&nbsp;&nbsp;&nbsp;15823 |
| <sup>\*</sup> | Globus Medical Inc. Class A | &nbsp;&nbsp;167652 | &nbsp;&nbsp;&nbsp;&nbsp;15263 |
| <sup>\*</sup> | HealthEquity Inc. | &nbsp;&nbsp;128729 | &nbsp;&nbsp;&nbsp;&nbsp;13540 |
| <sup>\*</sup> | Repligen Corp. | &nbsp;&nbsp;&nbsp;&nbsp;78718 | &nbsp;&nbsp;&nbsp;&nbsp;13462 |
| <sup>\*</sup> | Roivant Sciences Ltd. | &nbsp;&nbsp;640245 | &nbsp;&nbsp;&nbsp;&nbsp;13323 |
| <sup>\*</sup> | Halozyme Therapeutics Inc. | &nbsp;&nbsp;174107 | &nbsp;&nbsp;&nbsp;&nbsp;12431 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| <sup>\*</sup> | Hims & Hers Health Inc. | &nbsp;&nbsp;&nbsp;&nbsp;307761 | &nbsp;&nbsp;&nbsp;&nbsp;12237 |
| <sup>\*</sup> | Cytokinetics Inc. | &nbsp;&nbsp;&nbsp;&nbsp;178082 | &nbsp;&nbsp;&nbsp;&nbsp;12133 |
| <sup>\*</sup> | Avantor Inc. | &nbsp;&nbsp;1014794 | &nbsp;&nbsp;&nbsp;&nbsp;11904 |
| <sup>\*</sup> | Doximity Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;203028 | &nbsp;&nbsp;&nbsp;&nbsp;10444 |
| <sup>\*</sup> | Masimo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9790 |
|  | Chemed Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9524 |
| <sup>\*</sup> | Bio-Rad Laboratories Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8827 |
|  | Bruker Corp. | &nbsp;&nbsp;&nbsp;&nbsp;164830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8045 |
| <sup>\*</sup> | Option Care Health Inc. | &nbsp;&nbsp;&nbsp;&nbsp;241368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7507 |
| <sup>\*</sup> | Lantheus Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;101031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5948 |
| <sup>\*</sup> | Haemonetics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5823 |
| <sup>\*</sup> | Sotera Health Co. | &nbsp;&nbsp;&nbsp;&nbsp;307911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5382 |
| <sup>\*</sup> | LivaNova plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5199 |
| <sup>\*</sup> | Envista Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;247930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5182 |
|  | DENTSPLY SIRONA Inc. | &nbsp;&nbsp;&nbsp;&nbsp;297550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3374 |
|  | Perrigo Co. plc | &nbsp;&nbsp;&nbsp;&nbsp;205255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2740 |
|  |  |  | &nbsp;&nbsp;**442522** |
| **Industrials (23.8%)** | **Industrials (23.8%)** | **Industrials (23.8%)** | **Industrials (23.8%)** |
|  | Comfort Systems USA Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52398 | &nbsp;&nbsp;&nbsp;&nbsp;51190 |
|  | Curtiss-Wright Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56085 | &nbsp;&nbsp;&nbsp;&nbsp;31648 |
|  | RB Global Inc. | &nbsp;&nbsp;&nbsp;&nbsp;276293 | &nbsp;&nbsp;&nbsp;&nbsp;27132 |
|  | Woodward Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89264 | &nbsp;&nbsp;&nbsp;&nbsp;26782 |
|  | nVent Electric plc | &nbsp;&nbsp;&nbsp;&nbsp;239590 | &nbsp;&nbsp;&nbsp;&nbsp;25701 |
| <sup>\*</sup> | XPO Inc. | &nbsp;&nbsp;&nbsp;&nbsp;175287 | &nbsp;&nbsp;&nbsp;&nbsp;24901 |
|  | TransUnion | &nbsp;&nbsp;&nbsp;&nbsp;289972 | &nbsp;&nbsp;&nbsp;&nbsp;24662 |
|  | BWX Technologies Inc. | &nbsp;&nbsp;&nbsp;&nbsp;136048 | &nbsp;&nbsp;&nbsp;&nbsp;24336 |
|  | Carpenter Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74201 | &nbsp;&nbsp;&nbsp;&nbsp;23636 |
| <sup>\*</sup> | API Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;550979 | &nbsp;&nbsp;&nbsp;&nbsp;21797 |
|  | ITT Inc. | &nbsp;&nbsp;&nbsp;&nbsp;116105 | &nbsp;&nbsp;&nbsp;&nbsp;21382 |
| <sup>\*</sup> | RBC Bearings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46784 | &nbsp;&nbsp;&nbsp;&nbsp;20817 |
| <sup>\*</sup> | ATI Inc. | &nbsp;&nbsp;&nbsp;&nbsp;205158 | &nbsp;&nbsp;&nbsp;&nbsp;20680 |
|  | Graco Inc. | &nbsp;&nbsp;&nbsp;&nbsp;246672 | &nbsp;&nbsp;&nbsp;&nbsp;20336 |
|  | AECOM | &nbsp;&nbsp;&nbsp;&nbsp;197159 | &nbsp;&nbsp;&nbsp;&nbsp;20333 |
| <sup>\*</sup> | CACI International Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32739 | &nbsp;&nbsp;&nbsp;&nbsp;20203 |
|  | Carlisle Cos. Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63496 | &nbsp;&nbsp;&nbsp;&nbsp;20196 |
| <sup>\*</sup> | Nextpower Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;220243 | &nbsp;&nbsp;&nbsp;&nbsp;20179 |
|  | Lincoln Electric Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82149 | &nbsp;&nbsp;&nbsp;&nbsp;19669 |
| <sup>\*</sup> | MasTec Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91259 | &nbsp;&nbsp;&nbsp;&nbsp;19518 |
|  | WESCO International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72437 | &nbsp;&nbsp;&nbsp;&nbsp;19370 |
| <sup>\*</sup> | Kratos Defense & Security Solutions Inc. | &nbsp;&nbsp;&nbsp;&nbsp;251248 | &nbsp;&nbsp;&nbsp;&nbsp;19120 |
|  | Mueller Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;164790 | &nbsp;&nbsp;&nbsp;&nbsp;18105 |
|  | Watsco Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51960 | &nbsp;&nbsp;&nbsp;&nbsp;17999 |
| <sup>\*</sup> | Clean Harbors Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75060 | &nbsp;&nbsp;&nbsp;&nbsp;17081 |
|  | Acuity Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45174 | &nbsp;&nbsp;&nbsp;&nbsp;16553 |
|  | Advanced Drainage Systems Inc. | &nbsp;&nbsp;&nbsp;&nbsp;106491 | &nbsp;&nbsp;&nbsp;&nbsp;16227 |
|  | Donaldson Co. Inc. | &nbsp;&nbsp;&nbsp;&nbsp;173473 | &nbsp;&nbsp;&nbsp;&nbsp;15595 |
| <sup>\*</sup> | Sterling Infrastructure Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45277 | &nbsp;&nbsp;&nbsp;&nbsp;15589 |
|  | Applied Industrial Technologies Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56708 | &nbsp;&nbsp;&nbsp;&nbsp;14677 |
|  | Regal Rexnord Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98804 | &nbsp;&nbsp;&nbsp;&nbsp;14424 |
|  | Owens Corning | &nbsp;&nbsp;&nbsp;&nbsp;124502 | &nbsp;&nbsp;&nbsp;&nbsp;14099 |
|  | Flowserve Corp. | &nbsp;&nbsp;&nbsp;&nbsp;194679 | &nbsp;&nbsp;&nbsp;&nbsp;13890 |
| <sup>\*</sup> | American Airlines Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;982382 | &nbsp;&nbsp;&nbsp;&nbsp;13802 |
| <sup>\*</sup> | Core & Main Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;282342 | &nbsp;&nbsp;&nbsp;&nbsp;13648 |
|  | Tetra Tech Inc. | &nbsp;&nbsp;&nbsp;&nbsp;391182 | &nbsp;&nbsp;&nbsp;&nbsp;13590 |
| <sup>\*</sup> | Chart Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65773 | &nbsp;&nbsp;&nbsp;&nbsp;13414 |
|  | Crane Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72816 | &nbsp;&nbsp;&nbsp;&nbsp;13344 |
| <sup>\*</sup> | AeroVironment Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47354 | &nbsp;&nbsp;&nbsp;&nbsp;13234 |
|  | CNH Industrial NV | &nbsp;&nbsp;1321820 | &nbsp;&nbsp;&nbsp;&nbsp;12465 |
|  | Oshkosh Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95269 | &nbsp;&nbsp;&nbsp;&nbsp;12212 |
|  | Valmont Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29382 | &nbsp;&nbsp;&nbsp;&nbsp;12134 |
|  | Watts Water Technologies Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40810 | &nbsp;&nbsp;&nbsp;&nbsp;11259 |
| <sup>\*</sup> | Saia Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39649 | &nbsp;&nbsp;&nbsp;&nbsp;11164 |
|  | Knight-Swift Transportation Holdings Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;241583 | &nbsp;&nbsp;&nbsp;&nbsp;11065 |
|  | Genpact Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;241302 | &nbsp;&nbsp;&nbsp;&nbsp;10632 |
|  | Ryder System Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60725 | &nbsp;&nbsp;&nbsp;&nbsp;10518 |
|  | Simpson Manufacturing Co. Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61953 | &nbsp;&nbsp;&nbsp;&nbsp;10370 |
| <sup>\*</sup> | Fluor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;240668 | &nbsp;&nbsp;&nbsp;&nbsp;10332 |
|  | Toro Co. | &nbsp;&nbsp;&nbsp;&nbsp;146920 | &nbsp;&nbsp;&nbsp;&nbsp;10246 |
| <sup>\*</sup> | Paylocity Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9801 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | AGCO Corp. | &nbsp;&nbsp;&nbsp;&nbsp;92189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9768 |
| <sup>\*</sup> | ExlService Holdings Inc. | &nbsp;&nbsp;240414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9552 |
|  | Esab Corp. | &nbsp;&nbsp;&nbsp;&nbsp;84919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9531 |
| <sup>\*</sup> | Kirby Corp. | &nbsp;&nbsp;&nbsp;&nbsp;83046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9427 |
|  | AAON Inc. | &nbsp;&nbsp;100726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9416 |
|  | Fortune Brands Innovations Inc. | &nbsp;&nbsp;178698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9226 |
|  | Hexcel Corp. | &nbsp;&nbsp;118398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9025 |
|  | MSA Safety Inc. | &nbsp;&nbsp;&nbsp;&nbsp;54758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8832 |
| <sup>\*</sup> | GXO Logistics Inc. | &nbsp;&nbsp;170339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8643 |
|  | GATX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;52969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8471 |
| <sup>\*</sup> | Middleby Corp. | &nbsp;&nbsp;&nbsp;&nbsp;69374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8200 |
|  | UFP Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;87119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8101 |
|  | EnerSys | &nbsp;&nbsp;&nbsp;&nbsp;55728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7975 |
|  | KBR Inc. | &nbsp;&nbsp;191691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7902 |
| <sup>\*</sup> | FTI Consulting Inc. | &nbsp;&nbsp;&nbsp;&nbsp;47222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7704 |
|  | Timken Co. | &nbsp;&nbsp;&nbsp;&nbsp;94257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7672 |
| <sup>\*</sup> | Alaska Air Group Inc. | &nbsp;&nbsp;171472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7349 |
|  | Maximus Inc. | &nbsp;&nbsp;&nbsp;&nbsp;83798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7214 |
|  | Brink's Co. | &nbsp;&nbsp;&nbsp;&nbsp;61949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6959 |
|  | Sensata Technologies Holding plc | &nbsp;&nbsp;216519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6944 |
|  | Landstar System Inc. | &nbsp;&nbsp;&nbsp;&nbsp;51527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6742 |
| <sup>\*</sup> | Parsons Corp. | &nbsp;&nbsp;&nbsp;&nbsp;79405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6724 |
|  | MSC Industrial Direct Co. Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;67850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6036 |
|  | Science Applications International Corp. | &nbsp;&nbsp;&nbsp;&nbsp;69677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6007 |
| <sup>\*</sup> | Trex Co. Inc. | &nbsp;&nbsp;159287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5572 |
|  | Exponent Inc. | &nbsp;&nbsp;&nbsp;&nbsp;75321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5446 |
|  | Terex Corp. | &nbsp;&nbsp;&nbsp;&nbsp;97872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4523 |
| <sup>\*</sup> | Avis Budget Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3425 |
|  | Concentrix Corp. | &nbsp;&nbsp;&nbsp;&nbsp;66772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2418 |
|  | Insperity Inc. | &nbsp;&nbsp;&nbsp;&nbsp;53384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1888 |
|  |  |  | &nbsp;&nbsp;**1127749** |
| **Information Technology (13.7%)** | **Information Technology (13.7%)** | **Information Technology (13.7%)** | **Information Technology (13.7%)** |
| <sup>\*</sup> | Ciena Corp. | &nbsp;&nbsp;210422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42970 |
| <sup>\*</sup> | Pure Storage Inc. Class A | &nbsp;&nbsp;462158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41114 |
| <sup>\*</sup> | Coherent Corp. | &nbsp;&nbsp;231370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38005 |
| <sup>\*</sup> | Lumentum Holdings Inc. | &nbsp;&nbsp;103895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33783 |
| <sup>\*</sup> | Flex Ltd. | &nbsp;&nbsp;558667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33023 |
| <sup>\*</sup> | Twilio Inc. Class A | &nbsp;&nbsp;228385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29619 |
| <sup>\*</sup> | Guidewire Software Inc. | &nbsp;&nbsp;125334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27070 |
| <sup>\*</sup> | Fabrinet | &nbsp;&nbsp;&nbsp;&nbsp;53332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24501 |
| <sup>\*</sup> | Docusign Inc. | &nbsp;&nbsp;300795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20860 |
| <sup>\*</sup> | Dynatrace Inc. | &nbsp;&nbsp;448861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20001 |
| <sup>\*</sup> | Okta Inc. | &nbsp;&nbsp;248816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19987 |
| <sup>\*</sup> | Nutanix Inc. Class A | &nbsp;&nbsp;399081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19076 |
|  | Entegris Inc. | &nbsp;&nbsp;225635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17406 |
| <sup>\*</sup> | MACOM Technology Solutions Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;95330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16682 |
| <sup>\*</sup> | Manhattan Associates Inc. | &nbsp;&nbsp;&nbsp;&nbsp;90022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15884 |
|  | MKS Inc. | &nbsp;&nbsp;&nbsp;&nbsp;99954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15632 |
| <sup>\*</sup> | Rambus Inc. | &nbsp;&nbsp;160147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15305 |
|  | TD SYNNEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;96665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14739 |
| <sup>\*</sup> | Lattice Semiconductor Corp. | &nbsp;&nbsp;203757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14306 |
| <sup>\*</sup> | Onto Innovation Inc. | &nbsp;&nbsp;&nbsp;&nbsp;72940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10442 |
|  | Cognex Corp. | &nbsp;&nbsp;249893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9521 |
|  | Littelfuse Inc. | &nbsp;&nbsp;&nbsp;&nbsp;36875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9441 |
|  | Bentley Systems Inc. Class B | &nbsp;&nbsp;221735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9304 |
| <sup>\*</sup> | Cirrus Logic Inc. | &nbsp;&nbsp;&nbsp;&nbsp;76395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9193 |
| <sup>\*</sup> | Kyndryl Holdings Inc. | &nbsp;&nbsp;343937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8884 |
| <sup>\*</sup> | Arrow Electronics Inc. | &nbsp;&nbsp;&nbsp;&nbsp;76622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8276 |
| <sup>\*</sup> | Dropbox Inc. Class A | &nbsp;&nbsp;275406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8229 |
| <sup>\*</sup> | Commvault Systems Inc. | &nbsp;&nbsp;&nbsp;&nbsp;66150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8170 |
|  | Vontier Corp. | &nbsp;&nbsp;218247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7918 |
|  | Universal Display Corp. | &nbsp;&nbsp;&nbsp;&nbsp;65756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7820 |
| <sup>\*</sup> | Appfolio Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;34027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7768 |
| <sup>\*</sup> | Qualys Inc. | &nbsp;&nbsp;&nbsp;&nbsp;53691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7562 |
|  | Pegasystems Inc. | &nbsp;&nbsp;137432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7527 |
| <sup>\*</sup> | BILL Holdings Inc. | &nbsp;&nbsp;136359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6838 |
|  | Belden Inc. | &nbsp;&nbsp;&nbsp;&nbsp;58908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6680 |
| <sup>\*</sup> | Silicon Laboratories Inc. | &nbsp;&nbsp;&nbsp;&nbsp;48768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6222 |
|  | Amkor Technology Inc. | &nbsp;&nbsp;168889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6146 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | Dolby Laboratories Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;90945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6134 |
| <sup>\*</sup> | Novanta Inc. | &nbsp;&nbsp;&nbsp;&nbsp;53443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6074 |
|  | Avnet Inc. | &nbsp;&nbsp;125110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5944 |
| <sup>\*</sup> | Allegro MicroSystems Inc. | &nbsp;&nbsp;184993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4937 |
|  | Crane NXT Co. | &nbsp;&nbsp;&nbsp;&nbsp;73681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4148 |
| <sup>\*</sup> | Synaptics Inc. | &nbsp;&nbsp;&nbsp;&nbsp;57507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3940 |
| <sup>\*</sup> | Blackbaud Inc. | &nbsp;&nbsp;&nbsp;&nbsp;55509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3130 |
| <sup>\*</sup> | IPG Photonics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;37802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3011 |
| <sup>\*</sup> | ASGN Inc. | &nbsp;&nbsp;&nbsp;&nbsp;65354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2942 |
|  | Power Integrations Inc. | &nbsp;&nbsp;&nbsp;&nbsp;83710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2813 |
|  |  |  | &nbsp;&nbsp;**648977** |
| **Materials (4.9%)** | **Materials (4.9%)** | **Materials (4.9%)** | **Materials (4.9%)** |
|  | Royal Gold Inc. | &nbsp;&nbsp;120231 | &nbsp;&nbsp;&nbsp;&nbsp;24508 |
|  | Reliance Inc. | &nbsp;&nbsp;&nbsp;&nbsp;78288 | &nbsp;&nbsp;&nbsp;&nbsp;21867 |
|  | RPM International Inc. | &nbsp;&nbsp;191106 | &nbsp;&nbsp;&nbsp;&nbsp;20496 |
|  | Crown Holdings Inc. | &nbsp;&nbsp;171262 | &nbsp;&nbsp;&nbsp;&nbsp;16583 |
|  | Alcoa Corp. | &nbsp;&nbsp;385388 | &nbsp;&nbsp;&nbsp;&nbsp;16086 |
| <sup>\*,1</sup> | MP Materials Corp. | &nbsp;&nbsp;200337 | &nbsp;&nbsp;&nbsp;&nbsp;12411 |
|  | AptarGroup Inc. | &nbsp;&nbsp;&nbsp;&nbsp;98075 | &nbsp;&nbsp;&nbsp;&nbsp;12235 |
| <sup>\*</sup> | Cleveland-Cliffs Inc. | &nbsp;&nbsp;847914 | &nbsp;&nbsp;&nbsp;&nbsp;11057 |
|  | Eagle Materials Inc. | &nbsp;&nbsp;&nbsp;&nbsp;48305 | &nbsp;&nbsp;&nbsp;&nbsp;10807 |
|  | Commercial Metals Co. | &nbsp;&nbsp;166607 | &nbsp;&nbsp;&nbsp;&nbsp;10626 |
| <sup>\*</sup> | Axalta Coating Systems Ltd. | &nbsp;&nbsp;322319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9712 |
|  | NewMarket Corp. | &nbsp;&nbsp;&nbsp;&nbsp;11612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8866 |
|  | Louisiana-Pacific Corp. | &nbsp;&nbsp;&nbsp;&nbsp;94258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7730 |
|  | Graphic Packaging Holding Co. | &nbsp;&nbsp;440560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7128 |
| <sup>\*</sup> | Knife River Corp. | &nbsp;&nbsp;&nbsp;&nbsp;84215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6303 |
|  | Sonoco Products Co. | &nbsp;&nbsp;146546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6180 |
|  | Silgan Holdings Inc. | &nbsp;&nbsp;132489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5252 |
|  | Cabot Corp. | &nbsp;&nbsp;&nbsp;&nbsp;79023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4944 |
|  | Avient Corp. | &nbsp;&nbsp;135850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4156 |
|  | Scotts Miracle-Gro Co. | &nbsp;&nbsp;&nbsp;&nbsp;66344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3756 |
|  | Olin Corp. | &nbsp;&nbsp;171143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3611 |
|  | Ashland Inc. | &nbsp;&nbsp;&nbsp;&nbsp;68225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3609 |
|  | Westlake Corp. | &nbsp;&nbsp;&nbsp;&nbsp;49755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3324 |
|  | Greif Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;38984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2559 |
|  |  |  | &nbsp;&nbsp;**233806** |
| **Real Estate (6.6%)** | **Real Estate (6.6%)** | **Real Estate (6.6%)** | **Real Estate (6.6%)** |
| <sup>\*</sup> | Jones Lang LaSalle Inc. | &nbsp;&nbsp;&nbsp;&nbsp;70521 | &nbsp;&nbsp;&nbsp;&nbsp;22968 |
|  | WP Carey Inc. | &nbsp;&nbsp;325952 | &nbsp;&nbsp;&nbsp;&nbsp;21959 |
|  | Omega Healthcare Investors Inc. | &nbsp;&nbsp;439114 | &nbsp;&nbsp;&nbsp;&nbsp;20164 |
|  | Gaming & Leisure Properties Inc. | &nbsp;&nbsp;421277 | &nbsp;&nbsp;&nbsp;&nbsp;18338 |
|  | Equity LifeStyle Properties Inc. | &nbsp;&nbsp;288491 | &nbsp;&nbsp;&nbsp;&nbsp;18137 |
|  | Lamar Advertising Co. Class A | &nbsp;&nbsp;129195 | &nbsp;&nbsp;&nbsp;&nbsp;17104 |
|  | American Homes 4 Rent Class A | &nbsp;&nbsp;485082 | &nbsp;&nbsp;&nbsp;&nbsp;15581 |
|  | Rexford Industrial Realty Inc. | &nbsp;&nbsp;351428 | &nbsp;&nbsp;&nbsp;&nbsp;14623 |
|  | EastGroup Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;79272 | &nbsp;&nbsp;&nbsp;&nbsp;14362 |
|  | CubeSmart | &nbsp;&nbsp;339404 | &nbsp;&nbsp;&nbsp;&nbsp;12636 |
|  | Agree Realty Corp. | &nbsp;&nbsp;164451 | &nbsp;&nbsp;&nbsp;&nbsp;12370 |
|  | Brixmor Property Group Inc. | &nbsp;&nbsp;455648 | &nbsp;&nbsp;&nbsp;&nbsp;11911 |
|  | NNN REIT Inc. | &nbsp;&nbsp;281006 | &nbsp;&nbsp;&nbsp;&nbsp;11620 |
|  | First Industrial Realty Trust Inc. | &nbsp;&nbsp;197065 | &nbsp;&nbsp;&nbsp;&nbsp;11280 |
|  | STAG Industrial Inc. | &nbsp;&nbsp;277873 | &nbsp;&nbsp;&nbsp;&nbsp;10915 |
|  | Healthcare Realty Trust Inc. Class A | &nbsp;&nbsp;523234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9539 |
|  | Vornado Realty Trust | &nbsp;&nbsp;240022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8838 |
|  | Kite Realty Group Trust | &nbsp;&nbsp;327033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7568 |
|  | Sabra Health Care REIT Inc. | &nbsp;&nbsp;356598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6957 |
|  | Kilroy Realty Corp. | &nbsp;&nbsp;161841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6941 |
|  | Cousins Properties Inc. | &nbsp;&nbsp;249726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6438 |
|  | Independence Realty Trust Inc. | &nbsp;&nbsp;346902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5949 |
|  | EPR Properties | &nbsp;&nbsp;113144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5914 |
|  | COPT Defense Properties | &nbsp;&nbsp;168145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5167 |
|  | Rayonier Inc. | &nbsp;&nbsp;211615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 |
|  | PotlatchDeltic Corp. | &nbsp;&nbsp;106084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4269 |
|  | Park Hotels & Resorts Inc. | &nbsp;&nbsp;298235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3227 |
|  | National Storage Affiliates Trust | &nbsp;&nbsp;105327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3102 |
|  |  |  | &nbsp;&nbsp;**312577** |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Market<br> Value<br> ($000)** |
| **Utilities (3.6%)** | **Utilities (3.6%)** | **Utilities (3.6%)** | **Utilities (3.6%)** |
| <sup>\*</sup> | Talen Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;68001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26811 |
|  | Essential Utilities Inc. | &nbsp;&nbsp;417554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16531 |
|  | OGE Energy Corp. | &nbsp;&nbsp;299968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13732 |
|  | UGI Corp. | &nbsp;&nbsp;320020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12657 |
|  | National Fuel Gas Co. | &nbsp;&nbsp;134566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11095 |
|  | IDACORP Inc. | &nbsp;&nbsp;&nbsp;&nbsp;80449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10602 |
|  | Ormat Technologies Inc. | &nbsp;&nbsp;&nbsp;&nbsp;90396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10207 |
|  | Portland General Electric Co. | &nbsp;&nbsp;163010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8284 |
|  | TXNM Energy Inc. | &nbsp;&nbsp;141133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8249 |
|  | Black Hills Corp. | &nbsp;&nbsp;108378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7997 |
|  | Southwest Gas Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;95299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7915 |
|  | Spire Inc. | &nbsp;&nbsp;&nbsp;&nbsp;87821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7786 |
|  | ONE Gas Inc. | &nbsp;&nbsp;&nbsp;&nbsp;89242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7473 |
|  | New Jersey Resources Corp. | &nbsp;&nbsp;149400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7183 |
|  | Northwestern Energy Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;91259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6305 |
|  | ALLETE Inc. | &nbsp;&nbsp;&nbsp;&nbsp;86067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5820 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**168647** |
| **Total Common Stocks (Cost $3,632,775)** | **Total Common Stocks (Cost $3,632,775)** | **Total Common Stocks (Cost $3,632,775)** | **4726596** |
|  | &nbsp;&nbsp;Coupon |  |  |
| **Temporary Cash Investments (0.4%)** | **Temporary Cash Investments (0.4%)** | **Temporary Cash Investments (0.4%)** | **Temporary Cash Investments (0.4%)** |
| **Money Market Fund (0.4%)** | **Money Market Fund (0.4%)** | **Money Market Fund (0.4%)** | **Money Market Fund (0.4%)** |
| <sup>2,3</sup> | &nbsp;&nbsp;4.024% | &nbsp;&nbsp;204378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**20438** |
| **Total Investments (100.2%) (Cost $3,653,212)** | **Total Investments (100.2%) (Cost $3,653,212)** |  | &nbsp;&nbsp;**4747034** |
| **Other Assets and Liabilities—Net (-0.2%)** | **Other Assets and Liabilities—Net (-0.2%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(10778)** |
| **Net Assets (100%)** | **Net Assets (100%)** |  | &nbsp;&nbsp;**4736256** |

---

Cost is in $000.

---

| | |
|:---|:---|
| \* | Non-income-producing security. |
| 1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $15,408. |
| 2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
| 3 | Collateral of $15,490 was received for securities on loan. |

---

REIT—Real Estate Investment Trust.

------

#### Derivative Financial Instruments Outstanding as of Period End

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Futures Contracts | Futures Contracts | Futures Contracts | Futures Contracts | Futures Contracts |
|  |  |  | ($000) | ($000) |
|  | Expiration | Number of<br> Long (Short)<br> Contracts | Notional<br> Amount | &nbsp;&nbsp;Value and<br> Unrealized<br> Appreciation<br> (Depreciation) |
| Long Futures Contracts | Long Futures Contracts | Long Futures Contracts | Long Futures Contracts | Long Futures Contracts |
| E-mini S&P Mid-Cap 400 Index | December 2025 | 19 | 6297 | &nbsp;&nbsp;264 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps |
| Reference Entity | Termination<br> Date | Counterparty | Notional<br> Amount<br> ($000) | Floating<br> Interest<br> Rate<br> Received<br> (Paid)<sup>1</sup><br> (%) | Value and<br> Unrealized<br> Appreciation<br> ($000) | Value and<br> Unrealized<br> (Depreciation)<br> ($000) |
| TD SYNNEX Corp. | 8/31/2026 | BANA | 2661 | (3.880) | 5 |  |

---

1 Based on Overnight Bank Funding Rate as of the most recent reset date. Floating interest payment received/(paid) monthly. <br> BANA—Bank of America, N.A.

------

A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.

B. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund's performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.

Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).

C. Swap Contracts: The fund has entered into equity swap contracts to earn the total return on selected reference stocks or indexes in the fund's target index. Under the terms of the swaps, the fund receives the total return on the referenced stock (i.e., receiving the increase or paying the decrease in value of the selected reference stock and receiving the equivalent of any dividends in respect of the selected referenced stock) over a specified period of time, applied to a notional amount that represents the value of a designated number of shares of the selected reference stock at the beginning of the equity swap contract. The fund also pays a floating rate that is based on short-term interest rates, applied to the notional amount. At the same time, the fund generally invests an amount approximating the notional amount of the swap in high-quality temporary cash investments.

A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund's maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty's default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund's net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.

Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded as an asset (liability) and as unrealized appreciation (depreciation) until periodic payments are made or the termination of the swap, at which time realized gain (loss) is recorded.

D. Various inputs may be used to determine the value of the fund's investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

#### Level 1 —Quoted prices in active markets for identical securities.

#### Level 2 —Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
**Level 3—Significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.**

------

The following table summarizes the market value of the fund's investments and derivatives as of November 30, 2025, based on the inputs used to value them:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Level 1<br> ($000) | &nbsp;&nbsp;&nbsp;Level 2<br> ($000) | &nbsp;&nbsp;&nbsp;Level 3<br> ($000) | &nbsp;&nbsp;&nbsp;Total<br> ($000) |
| **Investments** |  |  |  |  |
| Assets |  |  |  |  |
| Common Stocks | 4726596 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;4726596 |
| Temporary Cash Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20438 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20438 |
| Total | 4747034 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;4747034 |
| **Derivative Financial Instruments** |  |  |  |  |
| Assets |  |  |  |  |
| Futures Contracts<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 |
| Total | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264 | &nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269 |

---

1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** VANGUARD ADMIRAL FUNDS

- **b. Investment Company Act file number:** 811-07043

- **c. CIK number of Registrant:** 0000891190

- **d. LEI of Registrant:** 5493001VGEE37B6RMO86

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

  - **Street Address 1:** 100 Vanguard Boulevard

  - **City:** Malvern

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19355

  - **Telephone number:** 610-669-1000

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

- **a. Name of Series:** VANGUARD S&P MID-CAP 400 INDEX FUND

- **b. EDGAR series identifier (if any):** S000030014

- **c. LEI of Series:** 49QBOW886LK2OEO2NG65

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $4736606255.21

**Total Liabilities:** $734738.32

**Net Assets:** $4735871516.89

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000092038 | 0.45%                | -0.47%               | 2.05%                |
| Class ID C000092039 | 0.46%                | -0.47%               | 2.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4793516.78              | $8696955.77                                |
| Month 2  | $3677668.83              | $-28492923.23                              |
| Month 3  | $22483902.72             | $83178373.86                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ExlService Holdings Inc                           | EXLSERVICE HOLDI                   | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |    240414 | NS      | $9551648.22   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Tempur Sealy International Inc                    | SOMNIGROUP INTER                   | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |    312440 | NS      | $28594508.80  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Beer Co Inc/The                            | BOSTON BEER-A                      | CUSIP: 100557107<br>LEI: 529900Q02MQ0DCQNRM58 | Long             | EC               | CORP              | US        |     11806 | NS      | $2299808.80   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Celsius Holdings Inc                              | CELSIUS HOLDINGS                   | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    238046 | NS      | $9745603.24   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc                                    | MSA SAFETY INC                     | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |     54758 | NS      | $8832465.40   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corp                                       | CHEMED CORP                        | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |     21686 | NS      | $9524274.34   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp                                  | KNIFE RIVER                        | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     84215 | NS      | $6302650.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Inc                                      | PENUMBRA INC                       | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |     58052 | NS      | $17019104.84  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                                       | AVANTOR INC                        | CUSIP: 05352A100<br>LEI: 5493003VM0XB4U8YD238 | Long             | EC               | CORP              | US        |   1014794 | NS      | $11903533.62  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc                                | HOULIHAN LOKEY I                   | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |     80945 | NS      | $14197753.00  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis Inc                                      | EXELIXIS INC                       | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |    400704 | NS      | $17699095.68  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health Inc                            | OPTION CARE HEAL                   | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |    241368 | NS      | $7506544.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Holdings Co                                | GRAHAM HOLDING-B                   | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |      5061 | NS      | $5599996.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Albertsons Cos Inc                                | ALBERTSONS COS-A                   | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |    600089 | NS      | $10999631.37  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                        | WATSCO INC                         | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |     51960 | NS      | $17998944.00  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Holdings Inc           | MACOM TECHNOLOGY                   | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95330 | NS      | $16681796.70  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems Inc                             | COMMVAULT SYSTEM                   | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |     66150 | NS      | $8169525.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc                      | MSC INDL DIRECT                    | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     67850 | NS      | $6035936.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                        | UNUM GROUP                         | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |    233256 | NS      | $17720458.32  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding PLC                  | SENSATA TECHNOLO                   | CUSIP: G8060N102<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | US        |    216519 | NS      | $6943764.33   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics Inc                             | ARROW ELECTRONIC                   | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |     76622 | NS      | $8275942.22   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro MicroSystems Inc                          | ALLEGRO MICROSYS                   | CUSIP: 01749D105<br>LEI: 54930004TGPV6DR3LE12 | Long             | EC               | CORP              | US        |    184993 | NS      | $4937463.17   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Esab Corp                                         | ESAB CORP                          | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |     84919 | NS      | $9531308.56   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| RH                                                | RH                                 | CUSIP: 74967X103<br>LEI: 5493008MTS3OGGMHGK69 | Long             | EC               | CORP              | US        |     22922 | NS      | $3612277.98   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc                              | ALASKA AIR GROUP                   | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |    171472 | NS      | $7349289.92   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp                                  | HAEMONETICS CORP                   | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |     71575 | NS      | $5822626.25   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp                         | CARPENTER TECH                     | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     74201 | NS      | $23635986.54  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corp                             | ENVISTA HOLDINGS                   | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |    247930 | NS      | $5181737.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Duolingo Inc                                      | DUOLINGO                           | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59086 | NS      | $11309651.26  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc                    | FORTUNE BRANDS I                   | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |    178698 | NS      | $9226177.74   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp                          | UNITED THERAPEUT                   | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |     67318 | NS      | $32716548.00  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                         | HALOZYME THERAPE                   | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |    174107 | NS      | $12431239.80  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Co PLC                                    | PERRIGO CO PLC                     | CUSIP: G97822103<br>LEI: 549300IFOQS6R1QLY196 | Long             | EC               | CORP              | US        |    205255 | NS      | $2740154.25   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognex Corp                                       | COGNEX CORP                        | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |    249893 | NS      | $9520923.30   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                                      | PARSONS CORP                       | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |     79405 | NS      | $6724015.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc                        | BRIXMOR PROPERTY                   | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |    455648 | NS      | $11910638.72  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                                           | ARAMARK                            | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |    391293 | NS      | $14544360.81  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                                  | DT MIDSTREAM                       | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    151259 | NS      | $18371918.14  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Home                                           | KB HOME                            | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |    101124 | NS      | $6505306.92   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ormat Technologies Inc                            | ORMAT TECHNOLOGI                   | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |     90396 | NS      | $10206612.36  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                                      | DOXIMITY INC-A                     | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    203028 | NS      | $10443760.32  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                             | Bath & Body Works Inc              | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |    314678 | NS      | $5478543.98   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc                              | KYNDRYL HOLDINGS                   | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |    343937 | NS      | $8883892.71   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corp                                        | TEREX CORP                         | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |     97872 | NS      | $4522665.12   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                                 | CHORD ENERGY COR                   | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     85172 | NS      | $7994243.92   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                                    | ROYAL GOLD INC                     | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |    120231 | NS      | $24507887.04  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corp                   | OLD REPUB INTL                     | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |    340339 | NS      | $15689627.90  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage Affiliates Trust                 | NATIONAL STORAGE                   | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |    105327 | NS      | $3101880.15   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                            | PERMIAN RESOURCE                   | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |   1041265 | NS      | $15087929.85  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                                      | OSHKOSH CORP                       | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     95269 | NS      | $12211580.42  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                          | WESTERN ALLIANCE                   | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |    154089 | NS      | $12562876.17  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                         | TAYLOR MORRISON                    | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |    147099 | NS      | $9221636.31   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp                                   | OGE ENERGY CORP                    | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |    299968 | NS      | $13732535.04  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                                  | CARLISLE COS INC                   | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |     63496 | NS      | $20196172.72  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| IPG Photonics Corp                                | IPG PHOTONICS                      | CUSIP: 44980X109<br>LEI: 5493002KZ51CADQ94G15 | Long             | EC               | CORP              | US        |     37802 | NS      | $3010551.28   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                            | COUSINS PROP                       | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |    249726 | NS      | $6437936.28   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc                                 | HAMILTON LANE-A                    | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |     60190 | NS      | $7459647.65   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc                             | LUMENTUM HOL                       | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |    103895 | NS      | $33782498.20  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities Inc                           | ESSENTIAL UTILIT                   | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |    417554 | NS      | $16530962.86  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Inc                                  | VIPER ENERGY I-A                   | CUSIP: 64361Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    251126 | NS      | $9173632.78   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp                                | UMB FINANCIAL                      | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |    106256 | NS      | $11802916.48  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                           | KITE REALTY GROU                   | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    327033 | NS      | $7567543.62   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                                     | TIMKEN CO                          | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     94257 | NS      | $7671577.23   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc                              | MEDPACE HOLDINGS                   | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |     33040 | NS      | $19574878.40  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                                | SEI INVESTMENTS                    | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |    139904 | NS      | $11312637.44  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health Inc                            | HIMS & HERS HEAL                   | CUSIP: 433000106<br>LEI: 549300ZQ4ZUYSAAX6P59 | Long             | EC               | CORP              | US        |    307761 | NS      | $12236577.36  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Under Armour Inc                                  | UNDER ARMOUR-A                     | CUSIP: 904311107<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |    280273 | NS      | $1294861.26   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Inc                            | JONES LANG LASAL                   | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |     70521 | NS      | $22967984.49  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp                                  | HF SINCLAIR CORP                   | CUSIP: 403949100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    236758 | NS      | $12526865.78  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Inc                                     | INGREDION INC                      | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     95547 | NS      | $10275124.38  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                      | WYNDHAM HOTELS &                   | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |    113618 | NS      | $8316837.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson Inc                               | HARLEY-DAVIDSON                    | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |    181375 | NS      | $4441873.75   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                                          | AAON INC                           | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100726 | NS      | $9415866.48   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group Inc/The                   | HANOVER INSURANC                   | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     53247 | NS      | $9879980.85   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Roivant Sciences Ltd                              | ROIVANT SCIENCES                   | CUSIP: G76279101<br>LEI: 549300DL466NY5J6U724 | Long             | EC               | CORP              | US        |    640245 | NS      | $13323498.45  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc/MO                        | COMMERCE BCSHS                     | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    184749 | NS      | $9959818.59   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Brands Inc                                 | ACUITY INC                         | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45174 | NS      | $16552657.08  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH Corp                                          | PVH CORP                           | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |     71422 | NS      | $6053728.72   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy Inc                                   | TXNM ENERGY INC                    | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |    141133 | NS      | $8249223.85   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT Inc                                      | NNN REIT INC                       | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |    281006 | NS      | $11619598.10  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN Inc                                          | ASGN INC                           | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |     65354 | NS      | $2941583.54   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block Inc                                     | H&R BLOCK INC                      | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |    199253 | NS      | $8392536.36   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                                      | EVERCORE INC                       | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     57456 | NS      | $18389941.92  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| DENTSPLY SIRONA Inc                               | DENTSPLY SIRONA                    | CUSIP: 24906P109<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | EC               | CORP              | US        |    297550 | NS      | $3374217.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                         | CUBESMART                          | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    339404 | NS      | $12636010.92  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                            | EQUITABLE HOLDIN                   | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |    445870 | NS      | $20817670.30  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp                                       | BRUKER CORP                        | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |    164830 | NS      | $8045352.30   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust Inc                 | FIRST IND REALTY                   | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    197065 | NS      | $11280000.60  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Co/The                                       | TORO CO                            | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |    146920 | NS      | $10246200.80  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Music Group Corp                           | WARNER MUSIC-A                     | CUSIP: 934550203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    216925 | NS      | $6125962.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                          | SAIA INC                           | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |     39649 | NS      | $11163572.44  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas Inc                                       | ONE GAS INC                        | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |     89242 | NS      | $7473125.08   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd                                | CAPRI HOLDINGS L                   | CUSIP: G1890L107<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               | CORP              | US        |    177628 | NS      | $4506422.36   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp                             | ANTERO RESOURCES                   | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |    436931 | NS      | $15917396.33  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc                           | COMFORT SYSTEMS                    | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |     52398 | NS      | $51189702.12  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | S&P MID 400 EMINI Dec25            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |        19 | NC      | $264107.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting Inc                                | FTI CONSULTING                     | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |     47222 | NS      | $7704269.30   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical Inc                       | BIOMARIN PHARMAC                   | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |    285815 | NS      | $15985632.95  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients Inc                           | DARLING INGREDIE                   | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |    235390 | NS      | $8617627.90   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories Inc                            | DOLBY LABORATO-A                   | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |     90945 | NS      | $6134240.25   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp                             | STIFEL FINANCIAL                   | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |    152110 | NS      | $18557420.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor & Decor Holdings Inc                        | FLOOR & DECOR-A                    | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |    160299 | NS      | $10198222.38  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications Inc                        | IRIDIUM COMMUNIC                   | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |    158333 | NS      | $2596661.20   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                                      | ILLUMINA INC                       | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |    228790 | NS      | $30074445.50  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc                      | WATTS WATER TE-A                   | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |     40810 | NS      | $11258662.80  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Brink's Co/The                                    | BRINK'S CO/THE                     | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |     61949 | NS      | $6958731.17   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VF Corp                                           | VF CORP                            | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |    488037 | NS      | $8540647.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Comerica Inc                                      | COMERICA INC                       | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |    191328 | NS      | $15378944.64  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK CORP                              | SOUTHSTATE BANK                    | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |    150678 | NS      | $13487187.78  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Brighthouse Financial Inc                         | BRIGHTHOUSE FINA                   | CUSIP: 10922N103<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EC               | CORP              | US        |     84926 | NS      | $5566899.30   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System Inc                       | COLUMBIA BANKING                   | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |    445164 | NS      | $12339946.08  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands Inc                               | BELLRING BRANDS                    | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |    187113 | NS      | $5779920.57   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                                        | TWILIO INC - A                     | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |    228385 | NS      | $29619250.65  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Avis Budget Group Inc                             | AVIS BUDGET GROU                   | CUSIP: 053774105<br>LEI: 529900E95812SYWMCE44 | Long             | EC               | CORP              | US        |     25208 | NS      | $3425263.04   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions Bancorp NA                                  | ZIONS BANCORP NA                   | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |    219780 | NS      | $11698889.40  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp                                | REGAL REXNORD CO                   | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     98804 | NS      | $14424395.96  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corp                                    | NEWMARKET CORP                     | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |     11612 | NS      | $8866110.36   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc                                    | MURPHY USA INC                     | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |     26128 | NS      | $10061108.96  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc/The                             | CARLYLE GROUP IN                   | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |    387641 | NS      | $21138063.73  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                                      | RELIANCE INC                       | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     78288 | NS      | $21867404.16  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                                         | SPIRE INC                          | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     87821 | NS      | $7786209.86   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX Inc                                           | WEX INC                            | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |     50957 | NS      | $7559980.52   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| HealthEquity Inc                                  | HEALTHEQUITY INC                   | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |    128729 | NS      | $13539716.22  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods Inc                         | DICK'S SPORTING                    | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |     99522 | NS      | $20558259.54  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp                            | PAYLOCITY HOLDIN                   | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |     66522 | NS      | $9800686.26   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ZoomInfo Technologies Inc                         | ZOOMINFO TECH                      | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |    418387 | NS      | $4150399.04   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions Inc           | KRATOS DEFENSE &                   | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    251248 | NS      | $19119972.80  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp/The                                 | MIDDLEBY CORP                      | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     69374 | NS      | $8200006.80   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment Inc                                 | AEROVIRONMENT IN                   | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |     47354 | NS      | $13233548.84  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sotera Health Co                                  | SOTERA HEALTH CO                   | CUSIP: 83601L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    307911 | NS      | $5382284.28   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Scotts Miracle-Gro Co/The                         | SCOTTS MIRACLE                     | CUSIP: 810186106<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | EC               | CORP              | US        |     66344 | NS      | $3756397.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp                             | ENCOMPASS HEALTH                   | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |    149939 | NS      | $17425910.58  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLETE Inc                                        | ALLETE INC                         | CUSIP: 018522300<br>LEI: 549300NNLSIMY6Z8OT86 | Long             | EC               | CORP              | US        |     86067 | NS      | $5819850.54   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                                       | TREX CO INC                        | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    159287 | NS      | $5571859.26   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                                | CROWN HOLDINGS I                   | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |    171262 | NS      | $16583299.46  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Coty Inc                                          | COTY INC-CL A                      | CUSIP: 222070203<br>LEI: 549300BO9IWPF3S48F93 | Long             | EC               | CORP              | US        |    546968 | NS      | $1815933.76   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX Resources Corp                                | CNX RESOURCES CO                   | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |    210404 | NS      | $8172091.36   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextpower Inc                                     | NEXTPOWER INC-A                    | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    220243 | NS      | $20178663.66  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp                                 | TALEN ENERGY COR                   | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68001 | NS      | $26810754.27  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric PLC                                | NVENT ELECTRIC                     | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    239590 | NS      | $25700819.30  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                             | AECOM                              | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |    197159 | NS      | $20333007.67  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Polaris Inc                                       | POLARIS INC                        | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |     79344 | NS      | $5265267.84   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares Inc                      | TEXAS CAPITAL BA                   | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     67998 | NS      | $6131379.66   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                                   | MORNINGSTAR INC                    | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |     36390 | NS      | $7818755.40   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs Inc                                         | CROCS INC                          | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     81211 | NS      | $6901310.78   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                                    | TECHNIPFMC PLC                     | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | US        |    611898 | NS      | $27694503.48  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                                       | NUTANIX INC - A                    | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |    399081 | NS      | $19076071.80  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp                                       | AVIENT CORP                        | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |    135850 | NS      | $4155651.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Sportswear Co                            | COLUMBIA SPORTSW                   | CUSIP: 198516106<br>LEI: 549300OTMCIEUXAH5Z60 | Long             | EC               | CORP              | US        |     38399 | NS      | $2062410.29   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co                         | PERFORMANCE FOOD                   | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |    232993 | NS      | $22616630.51  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co                                          | CRANE CO                           | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |     72816 | NS      | $13343532.00  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc                        | GRAND CANYON EDU                   | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     41264 | NS      | $6508983.36   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors Inc                                 | CLEAN HARBORS                      | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     75060 | NS      | $17080653.60  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp                                        | CIENA CORP                         | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |    210422 | NS      | $42970276.62  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries Inc                                | UFP INDUSTRIES I                   | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     87119 | NS      | $8101195.81   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corp                                       | KEMPER CORP                        | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     93651 | NS      | $3813468.72   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap Inc/The                                       | GAP INC/THE                        | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |    338625 | NS      | $9166578.75   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corp                                     | WESTLAKE CORP                      | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |     49755 | NS      | $3324131.55   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Amkor Technology Inc                              | AMKOR TECH INC                     | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               | CORP              | US        |    168889 | NS      | $6145870.71   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates Inc                          | MANHATTAN ASSOC                    | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |     90022 | NS      | $15884381.90  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Synaptics Inc                                     | SYNAPTICS INC                      | CUSIP: 87157D109<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | EC               | CORP              | US        |     57507 | NS      | $3939804.57   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Co                      | GRAPHIC PACKAGIN                   | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    440560 | NS      | $7128260.80   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co                              | MATADOR RESOURCE                   | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |    174064 | NS      | $7380313.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corp                           | WINTRUST FINL                      | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     99690 | NS      | $13360453.80  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc                            | CACI INTL-A                        | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |     32739 | NS      | $20203236.90  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America Inc                  | REINSURANCE GROU                   | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |     98398 | NS      | $18682828.26  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| LivaNova PLC                                      | LIVANOVA PLC                       | CUSIP: G5509L101<br>LEI: 2138001K2FX6SHK2B339 | Long             | EC               | CORP              | US        |     81474 | NS      | $5198855.94   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                                  | RBC BEARINGS INC                   | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46784 | NS      | $20817476.48  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp/IN                           | OLD NATL BANCORP                   | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    519216 | NS      | $11282563.68  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp                                       | GENTEX CORP                        | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |    326473 | NS      | $7453378.59   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's Inc                                        | MACY'S INC                         | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |    404013 | NS      | $9033730.68   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp                                      | VONTIER CORP                       | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |    218247 | NS      | $7918001.16   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc                            | VALMONT INDS                       | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |     29382 | NS      | $12133884.54  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc/The                              | ENSIGN GROUP INC                   | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |     85280 | NS      | $15822851.20  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co Inc                      | SIMPSON MFG                        | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |     61953 | NS      | $10369693.14  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Downs Inc                               | CHURCHILL DOWNS                    | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |     99174 | NS      | $10818891.66  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| GameStop Corp                                     | GAMESTOP CORP-A                    | CUSIP: 36467W109<br>LEI: 549300505KLOET039L77 | Long             | EC               | CORP              | US        |    612596 | NS      | $13801787.88  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust Inc                     | INDEPENDENCE REA                   | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |    346902 | NS      | $5949369.30   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings Inc                                 | POST HOLDINGS IN                   | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |     71116 | NS      | $7398197.48   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp                                | KILROY REALTY                      | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |    161841 | NS      | $6941360.49   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                                        | QUALYS INC                         | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |     53691 | NS      | $7562377.35   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers Inc                                 | TOLL BROTHERS                      | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |    146190 | NS      | $20441747.70  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                                          | RLI CORP                           | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |    136667 | NS      | $8426887.22   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Corp International/US                     | SERVICE CORP INT                   | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |    208757 | NS      | $16581568.51  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Instruments Inc                               | MKS INC                            | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     99954 | NS      | $15631806.06  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc                                  | PURE STORAGE-A                     | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |    462158 | NS      | $41113575.68  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp Inc                               | GLACIER BANCORP                    | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |    191326 | NS      | $8093089.80   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp                                          | SLM CORP                           | CUSIP: 78442P106<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | EC               | CORP              | US        |    310231 | NS      | $9089768.30   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP Inc                                       | IDACORP INC                        | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     80449 | NS      | $10601569.22  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Choice Hotels International Inc                   | CHOICE HOTELS                      | CUSIP: 169905106<br>LEI: 5493003CYRY5RFGTIR97 | Long             | EC               | CORP              | US        |     30853 | NS      | $2815644.78   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                           | KBR INC                            | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |    191691 | NS      | $7901503.02   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc                             | LANTHEUS HOLDING                   | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |    101031 | NS      | $5947694.97   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc                              | BWX TECHNOLOGIES                   | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |    136048 | NS      | $24336266.24  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc               | APPLIED INDU TEC                   | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |     56708 | NS      | $14677164.56  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc                                        | RAMBUS INC                         | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |    160147 | NS      | $15305248.79  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc                            | MUELLER INDS                       | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |    164790 | NS      | $18105477.30  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc                                | GLOBUS MEDICAL I                   | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |    167652 | NS      | $15263038.08  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                              | CHART INDUSTRIES                   | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |     65773 | NS      | $13414403.35  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                                          | UGI CORP                           | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |    320020 | NS      | $12656791.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                                    | FIVE BELOW                         | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |     81954 | NS      | $13513395.06  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                             | CIVITAS RESOURCE                   | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |    124423 | NS      | $3654303.51   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp                                  | BOYD GAMING CORP                   | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     88256 | NS      | $7351724.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Communications Parent Inc                | FRONTIER COMMUNI                   | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    372590 | NS      | $14128612.80  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                                           | ATI INC                            | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |    205158 | NS      | $20679926.40  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                     | DYNATRACE INC                      | CUSIP: 268150109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    448861 | NS      | $20001246.16  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Annaly Capital Management Inc                     | ANNALY CAPITAL M                   | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |    955807 | NS      | $21792399.60  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust Inc                       | HEALTHCARE REALT                   | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |    523234 | NS      | $9538555.82   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Grand Vacations Inc                        | HILTON GRAND VAC                   | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |     92043 | NS      | $3942201.69   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PotlatchDeltic Corp                               | POTLATCHDELTIC C                   | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |    106084 | NS      | $4268820.16   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group Inc                     | SELECT INS GRP                     | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |     90507 | NS      | $7110229.92   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| elf Beauty Inc                                    | ELF BEAUTY INC                     | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |     88202 | NS      | $6718346.34   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Vail Resorts Inc                                  | VAIL RESORTS                       | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |     55271 | NS      | $7749546.91   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                           | NEXSTAR MEDIA                      | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     42398 | NS      | $8146351.72   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corp                              | HANCOCK WHITNEY                    | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |    126071 | NS      | $7638641.89   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corp                                        | ALCOA CORP                         | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |    385388 | NS      | $16086095.12  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc                        | CASEY'S GENERAL                    | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |     55344 | NS      | $31571538.24  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp                                         | LEAR CORP                          | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     79168 | NS      | $8499476.48   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                                     | COHERENT CORP                      | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |    231370 | NS      | $38004836.20  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp                        | LATTICE SEMICOND                   | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    203757 | NS      | $14305778.97  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosperity Bancshares Inc                         | PROSPERITY BNCSH                   | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    141399 | NS      | $9715525.29   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Home BancShares Inc/AR                            | HOME BANCSHARES                    | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    272631 | NS      | $7650025.86   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group Inc                     | NORTHWESTERN ENE                   | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     91259 | NS      | $6305084.31   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc                     | JEFFERIES FINANC                   | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |    245632 | NS      | $14138577.92  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                                     | INSPERITY INC                      | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |     53384 | NS      | $1888192.08   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica Inc                                     | PRIMERICA INC                      | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |     48231 | NS      | $12410800.92  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                        | NEUROCRINE BIOSC                   | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |    147629 | NS      | $22463228.64  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals PLC                          | JAZZ PHARMACEUTI                   | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | US        |     90290 | NS      | $15938893.70  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp                                 | HYATT HOTELS-A                     | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |     63019 | NS      | $10359693.41  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Maximus Inc                                       | MAXIMUS INC                        | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |     83798 | NS      | $7214169.82   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                               | TEXAS ROADHOUS                     | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |     98927 | NS      | $17336956.75  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | Vanguard Market Liquidity Fund     | CUSIP: N/A<br>LEI: 1I6HV0TLSTR3A4XQ6L78       | Long             | STIV             | CORP              | US        |     54812 | NS      | $5481153.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc                                      | WOODWARD INC                       | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |     89264 | NS      | $26781877.92  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System Inc                                  | RYDER SYSTEM INC                   | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |     60725 | NS      | $10518177.25  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                                 | MP MATERIALS COR                   | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |    200337 | NS      | $12410877.15  | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Thor Industries Inc                               | THOR INDUSTRIES                    | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |     79162 | NS      | $8361090.44   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc                               | STAG INDUSTRIAL                    | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |    277873 | NS      | $10914851.44  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup Inc                                    | APTARGROUP INC                     | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |     98075 | NS      | $12234856.25  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Elanco Animal Health Inc                          | ELANCO ANIMAL HE                   | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |    739456 | NS      | $17207141.12  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Bentley Systems Inc                               | BENTLEY SYSTEM-B                   | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |    221735 | NS      | $9304000.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corp                                | FIRST HORIZON CO                   | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |    755961 | NS      | $16888168.74  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Abercrombie & Fitch Co                            | ABERCROMBIE & FI                   | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |     70771 | NS      | $6926357.77   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                                    | EPR PROPERTIES                     | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |    113144 | NS      | $5914036.88   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT Inc                        | SABRA HEALTH CAR                   | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |    356598 | NS      | $6957226.98   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                                      | WP CAREY INC                       | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |    325952 | NS      | $21959386.24  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International Inc                           | WESCO INTL                         | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     72437 | NS      | $19370378.17  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Penske Automotive Group Inc                       | PENSKE AUTOMOTIV                   | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |     27593 | NS      | $4462339.96   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp                                         | OLIN CORP                          | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |    171143 | NS      | $3611117.30   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV                                 | CNH INDUSTRIAL N                   | CUSIP: N20944109<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | US        |   1321820 | NS      | $12464762.60  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Visteon Corp                                      | VISTEON CORP                       | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |     40692 | NS      | $4201449.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corp                                     | ECHOSTAR CORP-A                    | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |    200155 | NS      | $14669359.95  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                                    | API GROUP CORP                     | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |    550979 | NS      | $21796729.24  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc                         | KINSALE CAPITAL                    | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |     32953 | NS      | $12683609.70  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Consolidated Inc                        | COCA-COLA CONSOL                   | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |     89216 | NS      | $14537747.20  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc                       | STERLING INFRAST                   | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |     45277 | NS      | $15589323.87  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co                              | NATL FUEL GAS CO                   | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |    134566 | NS      | $11094966.70  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings Inc                                 | YETI HOLDINGS IN                   | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |    121191 | NS      | $5027002.68   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Inc                              | FEDERATED HERMES                   | CUSIP: 314211103<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | EC               | CORP              | US        |    109827 | NS      | $5510020.59   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc                                | PLANET FITNESS-A                   | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |    124918 | NS      | $13987068.46  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp                                    | WHIRLPOOL CORP                     | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |     83062 | NS      | $6424845.70   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Vornado Realty Trust                              | VORNADO RLTY TST                   | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    240022 | NS      | $8837610.04   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Novanta Inc                                       | NOVANTA INC                        | CUSIP: 67000B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53443 | NS      | $6074331.38   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott Vacations Worldwide Corp                 | MARRIOTT VACATIO                   | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |     41308 | NS      | $2255416.80   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc                        | SPROUTS FARMERS                    | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |    145473 | NS      | $12192092.13  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                          | BANK OZK                           | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |    157440 | NS      | $7245388.80   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc                       | RYAN SPECIALTY H                   | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    167734 | NS      | $9740313.38   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BILL Holdings Inc                                 | BILL HOLDINGS IN                   | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |    136359 | NS      | $6838403.85   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties                           | COPT DEFENSE PRO                   | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |    168145 | NS      | $5167095.85   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cabot Corp                                        | CABOT CORP                         | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               | CORP              | US        |     79023 | NS      | $4944469.11   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics Inc                                  | CYTOKINETICS INC                   | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |    178082 | NS      | $12132726.66  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp                                   | MURPHY OIL CORP                    | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |    199448 | NS      | $6396297.36   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International PLC                     | WEATHERFORD INTE                   | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | US        |    106852 | NS      | $7992529.60   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial Inc                   | FIDELITY NATIONA                   | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |    380208 | NS      | $22595761.44  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                                           | ENERSYS                            | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |     55728 | NS      | $7975234.08   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | TRS:TD SYNNEX CORP USD 2026-Aug-31 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |     17500 | NC      | $7875.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fluor Corp                                        | FLUOR CORP                         | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |    240668 | NS      | $10331877.24  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                                      | WINGSTOP INC                       | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |     41567 | NS      | $11004031.91  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Under Armour Inc                                  | UNDER ARMO-C                       | CUSIP: 904311206<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |    182616 | NS      | $808988.88    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Integrations Inc                            | POWER INTEGRATIO                   | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Long             | EC               | CORP              | US        |     83710 | NS      | $2812656.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers Inc                          | CULLEN/FROST                       | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |     95784 | NS      | $11850396.48  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group Inc                           | CNO FINANCIAL GR                   | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |    144058 | NS      | $5896293.94   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc                             | BURLINGTON STORE                   | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |     92755 | NS      | $23395593.65  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp                             | TENET HEALTHCARE                   | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |    131509 | NS      | $28516411.56  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc                     | LINCOLN ELECTRIC                   | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |     82149 | NS      | $19668935.07  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co                      | PORTLAND GENERAL                   | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |    163010 | NS      | $8284168.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp                              | MGIC INVT CORP                     | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |    343152 | NS      | $9728359.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs Inc                              | CLEVELAND-CLIFFS                   | CUSIP: 185899101<br>LEI: 549300TM2WLI2BJMDD86 | Long             | EC               | CORP              | US        |    847914 | NS      | $11056798.56  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co                              | COMMERCIAL METAL                   | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |    166607 | NS      | $10626194.46  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts Inc                         | PARK H&R INC                       | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |    298235 | NS      | $3226902.70   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Mattel Inc                                        | MATTEL INC                         | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |    479552 | NS      | $10128138.24  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                                        | TRANSUNION                         | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |    289972 | NS      | $24662118.60  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Group PLC                         | JANUS HENDERSON                    | CUSIP: G4474Y214<br>LEI: 2138009WPYMWJN3RVF44 | Long             | EC               | CORP              | US        |    185657 | NS      | $8115067.47   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                             | AMERICAN HOMES-A                   | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    485082 | NS      | $15580833.84  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                                          | OKTA INC                           | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |    248816 | NS      | $19987389.28  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                               | SHIFT4 PAYMENT-A                   | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100059 | NS      | $7382353.02   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Gaming and Leisure Properties Inc                 | GAMING AND LEISU                   | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |    421277 | NS      | $18338187.81  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings Inc          | KNIGHT-SWIFT TRA                   | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    241583 | NS      | $11064501.40  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                                     | RB GLOBAL INC                      | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | US        |    276293 | NS      | $27131972.60  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares Inc                    | FIRST FIN BANKSH                   | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |    193568 | NS      | $6047064.32   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Valley National Bancorp                           | VALLEY NATL BANC                   | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |    716086 | NS      | $8106093.52   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp                                  | BLACK HILLS CORP                   | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |    108378 | NS      | $7997212.62   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO Corp                                         | AGCO CORP                          | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     92189 | NS      | $9768346.44   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic Inc                                  | CIRRUS LOGIC INC                   | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |     76395 | NS      | $9193374.30   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Rayonier Inc                                      | RAYONIER INC                       | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |    211615 | NS      | $4699969.15   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd                                  | ESSENT GROUP LTD                   | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | US        |    146656 | NS      | $9204130.56   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackbaud Inc                                     | BLACKBAUD INC                      | CUSIP: 09227Q100<br>LEI: 54930056X3HKFMNG3754 | Long             | EC               | CORP              | US        |     55509 | NS      | $3129597.42   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| RenaissanceRe Holdings Ltd                        | RENAISSANCERE                      | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | US        |     70067 | NS      | $18299398.39  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp                                       | HEXCEL CORP                        | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |    118398 | NS      | $9025479.54   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc                                | ALLY FINANCIAL I                   | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |    416933 | NS      | $17219332.90  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TopBuild Corp                                     | TOPBUILD COR                       | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |     41652 | NS      | $18847530.00  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems Inc                                   | PEGASYSTEMS INC                    | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |    137432 | NS      | $7527150.64   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                                       | OVINTIV INC                        | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |    382728 | NS      | $15676538.88  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                                   | CORE & MAIN IN-A                   | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    282342 | NS      | $13648412.28  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet Inc                                         | AVNET INC                          | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |    125110 | NS      | $5943976.10   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners Inc                   | PINNACLE FINL                      | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |    114476 | NS      | $10495159.68  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel + Leisure Co                               | TRAVEL + LEISURE                   | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     96510 | NS      | $6618655.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors Inc                                 | LITHIA MOTORS                      | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |     38165 | NS      | $12168528.60  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Affiliated Managers Group Inc                     | AFFIL MANAGERS                     | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |     42302 | NS      | $11372046.66  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                                    | TETRA TECH INC                     | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |    391182 | NS      | $13589662.68  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                               | LANDSTAR SYSTEM                    | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |     51527 | NS      | $6741792.68   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Flagstar Bank NA/Michigan                         | FLAGSTAR BANK NA                   | CUSIP: 649445400<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | EC               | CORP              | US        |    446440 | NS      | $5464425.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation Inc                                    | AUTONATION INC                     | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42084 | NS      | $8891928.36   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear Inc                                     | MAPLEBEAR INC                      | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    274491 | NS      | $11531366.91  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Valaris Ltd                                       | VALARIS LTD                        | CUSIP: G9460G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98406 | NS      | $5551082.46   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland Inc                                       | ASHLAND INC                        | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |     68225 | NS      | $3609102.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                                | VOYA FINANCIAL I                   | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |    143531 | NS      | $10090229.30  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp                             | US FOODS HOLDING                   | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |    335210 | NS      | $26370970.70  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodyear Tire & Rubber Co/The                     | GOODYEAR TIRE                      | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |    427023 | NS      | $3698019.18   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems Inc                     | ADVANCED DRAINAG                   | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |    106491 | NS      | $16227098.58  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corp                     | FIRST AMERICAN F                   | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |    151535 | NS      | $9964941.60   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| United Bankshares Inc/WV                          | UNITED BANKSHS                     | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               | CORP              | US        |    210210 | NS      | $7828220.40   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                          | FABRINET                           | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | US        |     53332 | NS      | $24501254.12  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp                              | ASSOC BANC-CORP                    | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |    242848 | NS      | $6384473.92   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonoco Products Co                                | SONOCO PRODUCTS                    | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |    146546 | NS      | $6179844.82   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp                                   | CONCENTRIX CORP                    | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     66772 | NS      | $2417814.12   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                                         | CHEWY INC- CL A                    | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |    331822 | NS      | $11537450.94  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp           | SCIENCE APPLICAT                   | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |     69677 | NS      | $6006854.17   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corp                                         | GATX CORP                          | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |     52969 | NS      | $8471332.17   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| International Bancshares Corp                     | INTL BANCSHARES                    | CUSIP: 459044103<br>LEI: 549300Y16R531AU8TX77 | Long             | EC               | CORP              | US        |     80688 | NS      | $5364138.24   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Resources Corp                         | NEW JERSEY RES                     | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |    149400 | NS      | $7183152.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co                                      | CRANE NXT CO                       | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |     73681 | NS      | $4148240.30   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc                               | SILGAN HOLDINGS                    | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |    132489 | NS      | $5251863.96   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc                               | EAGLE MATERIALS                    | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |     48305 | NS      | $10806794.60  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Energy Inc                                    | PBF ENERGY INC-A                   | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |    121995 | NS      | $4206387.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc                   | EQUITY LIFESTYLE                   | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    288491 | NS      | $18137429.17  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp                            | SYNOVUS FINL                       | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |    206611 | NS      | $9958650.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp                            | LOUISIANA-PACIFI                   | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |     94258 | NS      | $7730098.58   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Property Trust Inc                       | STARWOOD PROPERT                   | CUSIP: 85571B105<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | EC               | CORP              | US        |    513677 | NS      | $9420836.18   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc                                        | BELDEN INC                         | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |     58908 | NS      | $6680167.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                     | OWENS CORNING                      | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |    124502 | NS      | $14098606.48  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrim's Pride Corp                              | PILGRIM'S PRIDE                    | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |     63764 | NS      | $2425582.56   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Appfolio Inc                                      | APPFOLIO INC - A                   | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |     34027 | NS      | $7767683.56   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                                 | AGREE REALTY                       | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    164451 | NS      | $12370004.22  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc                             | EURONET WORLDWID                   | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     60313 | NS      | $4468590.17   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc                                    | LITTELFUSE INC                     | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |     36875 | NS      | $9440737.50   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp                            | WEBSTER FINL                       | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    247434 | NS      | $14747066.40  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Ltd                        | AXALTA COATING S                   | CUSIP: G0750C108<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | US        |    322319 | NS      | $9711471.47   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO Logistics Inc                                 | GXO LOGISTIC                       | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |    170339 | NS      | $8643000.86   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corp/DE                                 | BRUNSWICK CORP                     | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |     97083 | NS      | $6418157.13   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                           | XPO INC                            | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |    175287 | NS      | $24901271.22  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Greif Inc                                         | GREIF INC-CL A                     | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |     38984 | NS      | $2558519.92   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                                  | DONALDSON CO INC                   | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |    173473 | NS      | $15595222.70  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                                        | MASTEC INC                         | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |     91259 | NS      | $19518474.92  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                                         | GRACO INC                          | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |    246672 | NS      | $20335639.68  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings Inc                            | FIRSTCASH HOLDIN                   | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58117 | NS      | $9206313.97   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                                    | TD SYNNEX CORP                     | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     96665 | NS      | $14739479.20  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Laboratories Inc                          | SILICON LABS                       | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |     48768 | NS      | $6221821.44   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV Inc                                           | NOV INC                            | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    553021 | NS      | $8494402.56   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                        | KIRBY CORP                         | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |     83046 | NS      | $9427381.92   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| DocuSign Inc                                      | DOCUSIGN INC                       | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |    300795 | NS      | $20860133.25  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc                          | EASTGROUP PROP                     | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     79272 | NS      | $14362500.96  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors Inc                    | OMEGA HEALTHCARE                   | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |    439114 | NS      | $20164114.88  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                                      | CADENCE BANK                       | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |    277390 | NS      | $11051217.60  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                                    | FLOWSERVE CORP                     | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |    194679 | NS      | $13890346.65  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FNB Corp/PA                                       | FNB CORP                           | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |    534412 | NS      | $8892615.68   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp                             | ANTERO MIDSTREAM                   | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    498519 | NS      | $8978327.19   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd                                       | GENPACT LTD                        | CUSIP: G3922B107<br>LEI: 529900OSEC6Q0L4L5B35 | Long             | EC               | CORP              | US        |    241302 | NS      | $10631766.12  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                                     | VALVOLINE INC                      | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |    188959 | NS      | $5916306.29   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Display Corp                            | UNIVERSAL DISPLA                   | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65756 | NS      | $7820361.08   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International Inc                             | RPM INTL INC                       | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |    191106 | NS      | $20496118.50  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc                               | ONTO INNOVATION                    | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     72940 | NS      | $10442090.40  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                                     | REPLIGEN CORP                      | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     78718 | NS      | $13462352.36  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Exponent Inc                                      | EXPONENT INC                       | CUSIP: 30214U102<br>LEI: 529900NY3F5Q2NWPUZ42 | Long             | EC               | CORP              | US        |     75321 | NS      | $5445708.30   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods Inc                                 | FLOWERS FOODS                      | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |    315231 | NS      | $3382428.63   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings Inc                  | BJ'S WHOLESALE C                   | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |    196571 | NS      | $17540030.33  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd                                          | FLEX LTD                           | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | US        |    558667 | NS      | $33022806.37  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                     | REXFORD INDUSTRI                   | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |    351428 | NS      | $14622919.08  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                             | EAST WEST BNCRP                    | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |    205165 | NS      | $21891105.50  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                               | CURTISS-WRIGHT                     | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |     56085 | NS      | $31648204.65  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| American Airlines Group Inc                       | AMERICAN AIRLINE                   | CUSIP: 02376R102<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | EC               | CORP              | US        |    982382 | NS      | $13802467.10  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | Vanguard Market Liquidity Fund     | CUSIP: N/A<br>LEI: 1I6HV0TLSTR3A4XQ6L78       | Long             | STIV             | CORP              | US        |    177422 | NS      | $17742150.00  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp                              | RANGE RESOURCES                    | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |    354643 | NS      | $14004852.07  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Rad Laboratories Inc                          | BIO-RAD LABS-A                     | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |     27173 | NS      | $8827420.78   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/OH                   | AMER FINL GROUP                    | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |    103049 | NS      | $14191908.28  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                                    | CAVA GROUP INC                     | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    148287 | NS      | $7249751.43   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Times Co/The                             | NEW YORK TIMES-A                   | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |    241228 | NS      | $15559206.00  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Marzetti Company/The                              | MARZETTI COMPANY                   | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |     30301 | NS      | $5058448.94   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holdings Inc               | OLLIE'S BARGAIN                    | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |     91312 | NS      | $11241420.32  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox Inc                                       | DROPBOX INC-A                      | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |    275406 | NS      | $8229131.28   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc                            | GUIDEWIRE SOFTWA                   | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |    125334 | NS      | $27069637.32  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corp                                       | MASIMO CORP                        | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |     68735 | NS      | $9789926.05   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                           | ITT INC                            | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |    116105 | NS      | $21381896.80  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co                              | LAMAR ADVERTIS-A                   | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |    129195 | NS      | $17104126.05  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                                      | ENTEGRIS INC                       | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |    225635 | NS      | $17405483.90  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Autoliv Inc                                       | AUTOLIV INC                        | CUSIP: 052800109<br>LEI: A23RUXWKASG834LTMK28 | Long             | EC               | CORP              | US        |    105157 | NS      | $12407474.43  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc                        | SOUTHWEST GAS HO                   | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |     95299 | NS      | $7914581.95   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-27

**Name of Applicant:** VANGUARD ADMIRAL FUNDS

**Signature:** Ashley Grim

**Name of Signer:** Ashley Grim

**Title:** Treasurer