# EDGAR Filing Document

**Accession Number:** 0000754510
**File Stem:** 0001752724-25-159887
**Filing Date:** 2025-6
**Character Count:** 61238
**Document Hash:** 29912ce5e2a2689830e8196d94e672ff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-159887.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-159887

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SECURITIES FUND
- **CENTRAL INDEX KEY:** 0000754510

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04118
- **FILM NUMBER:** 251079822

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity Dividend Growth Fund (Series ID: S000007197)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000019695 | Fidelity Dividend Growth Fund | FDGFX           |
| C000064270 | Class K                       | FDGKX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Dividend Growth Fund**

**April 30, 2025**

DGF-NPRT3-0625

1.800335.121 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 98.3%** | &nbsp;&nbsp;**Common Stocks - 98.3%** | &nbsp;&nbsp;**Common Stocks - 98.3%** |
|  | Shares | Value ($)<br>|
| BERMUDA - 0.2%  |  |  |
| Energy - 0.1% |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |
| Cool Company Ltd (a) | 1115436 | 6969197 |
| Industrials - 0.1% |  |  |
| Marine Transportation - 0.1% |  |  |
| Himalaya Shipping Ltd (a) | 411353 | 2154943 |
| Himalaya Shipping Ltd (United States) (a) | 1333100 | 6958782 |
|  |  | 9113725 |
| TOTAL BERMUDA |  | 16082922 |
| BRAZIL - 0.5%  |  |  |
| Materials - 0.5% |  |  |
| Metals & Mining - 0.5% |  |  |
| Wheaton Precious Metals Corp  | 417700 | 34877011 |
| CANADA - 4.1%  |  |  |
| Consumer Discretionary - 0.5% |  |  |
| Hotels, Restaurants & Leisure - 0.5% |  |  |
| Restaurant Brands International Inc (United States) (a) | 503100 | 32399640 |
| Energy - 1.0% |  |  |
| Oil, Gas & Consumable Fuels - 1.0% |  |  |
| Parkland Corp  | 985677 | 24831396 |
| Teekay Tankers Ltd Class A (a) | 1062723 | 45240118 |
|  |  | 70071514 |
| Financials - 2.3% |  |  |
| Capital Markets - 2.3% |  |  |
| Brookfield Corp Class A (United States) (a) | 3016300 | 161884821 |
| Materials - 0.3% |  |  |
| Metals & Mining - 0.3% |  |  |
| Agnico Eagle Mines Ltd/CA  | 168300 | 19780683 |
| TOTAL CANADA |  | 284136658 |
| DENMARK - 0.4%  |  |  |
| Health Care - 0.4% |  |  |
| Pharmaceuticals - 0.4% |  |  |
| Novo Nordisk A/S Class B ADR  | 373000 | 24785850 |
| FRANCE - 0.3%  |  |  |
| Industrials - 0.3% |  |  |
| Aerospace & Defense - 0.3% |  |  |
| Thales SA  | 66900 | 18740186 |
| MEXICO - 0.1%  |  |  |
| Energy - 0.1% |  |  |
| Energy Equipment & Services - 0.1% |  |  |
| Borr Drilling Ltd (a) | 2948049 | 5011683 |
| NETHERLANDS - 0.3%  |  |  |
| Information Technology - 0.3% |  |  |
| Semiconductors & Semiconductor Equipment - 0.3% |  |  |
| ASML Holding NV  | 5500 | 3629368 |
| BE Semiconductor Industries NV  | 170200 | 18170515 |
| TOTAL NETHERLANDS |  | 21799883 |
| NORWAY - 0.5%  |  |  |
| Industrials - 0.5% |  |  |
| Marine Transportation - 0.5% |  |  |
| 2020 Bulkers Ltd (b) | 1271181 | 13550759 |
| Stolt-Nielsen Ltd  | 892600 | 19991138 |
| TOTAL NORWAY |  | 33541897 |
| TAIWAN - 1.5%  |  |  |
| Information Technology - 1.5% |  |  |
| Semiconductors & Semiconductor Equipment - 1.5% |  |  |
| Taiwan Semiconductor Manufacturing Co Ltd ADR  | 615500 | 102597695 |
| UNITED KINGDOM - 1.7%  |  |  |
| Consumer Discretionary - 0.3% |  |  |
| Household Durables - 0.3% |  |  |
| Vistry Group PLC (c) | 2671400 | 22400620 |
| Consumer Staples - 1.2% |  |  |
| Tobacco - 1.2% |  |  |
| British American Tobacco PLC  | 1956034 | 85201593 |
| Industrials - 0.2% |  |  |
| Aerospace & Defense - 0.2% |  |  |
| BAE Systems PLC  | 473900 | 10986251 |
| TOTAL UNITED KINGDOM |  | 118588464 |
| UNITED STATES - 88.4%  |  |  |
| Communication Services - 10.7% |  |  |
| Interactive Media & Services - 8.7% |  |  |
| Alphabet Inc Class A  | 1965400 | 312105520 |
| Meta Platforms Inc Class A  | 524400 | 287895600 |
|  |  | 600001120 |
| Media - 1.3% |  |  |
| Comcast Corp Class A  | 1919992 | 65663726 |
| New York Times Co/The Class A  | 511500 | 26628690 |
|  |  | 92292416 |
| Wireless Telecommunication Services - 0.7% |  |  |
| T-Mobile US Inc  | 191000 | 47167450 |
| TOTAL COMMUNICATION SERVICES |  | 739460986 |
| Consumer Discretionary - 3.7% |  |  |
| Distributors - 0.3% |  |  |
| A-Mark Precious Metals Inc  | 991300 | 24148068 |
| Diversified Consumer Services - 0.7% |  |  |
| Service Corp International/US  | 575500 | 45982450 |
| Hotels, Restaurants & Leisure - 1.2% |  |  |
| Hilton Worldwide Holdings Inc  | 74500 | 16798260 |
| Marriott International Inc/MD Class A1  | 38800 | 9256904 |
| Starbucks Corp  | 800 | 64040 |
| Vail Resorts Inc (a) | 425400 | 59215680 |
|  |  | 85334884 |
| Household Durables - 1.5% |  |  |
| Somnigroup International Inc (a) | 1652900 | 100926074 |
| TOTAL CONSUMER DISCRETIONARY |  | 256391476 |
| Consumer Staples - 4.2% |  |  |
| Beverages - 1.3% |  |  |
| Constellation Brands Inc Class A  | 228500 | 42852890 |
| Keurig Dr Pepper Inc  | 1292800 | 44717952 |
|  |  | 87570842 |
| Consumer Staples Distribution & Retail - 0.3% |  |  |
| Albertsons Cos Inc Class A  | 980700 | 21555786 |
| Food Products - 0.7% |  |  |
| JM Smucker Co (a) | 423000 | 49182210 |
| Household Products - 0.3% |  |  |
| Reynolds Consumer Products Inc  | 953036 | 21919828 |
| Tobacco - 1.6% |  |  |
| Altria Group Inc  | 364200 | 21542430 |
| Philip Morris International Inc  | 533000 | 91334880 |
|  |  | 112877310 |
| TOTAL CONSUMER STAPLES |  | 293105976 |
| Energy - 7.9% |  |  |
| Energy Equipment & Services - 0.6% |  |  |
| Archrock Inc  | 955700 | 22487621 |
| Kodiak Gas Services Inc  | 523100 | 17790631 |
|  |  | 40278252 |
| Oil, Gas & Consumable Fuels - 7.3% |  |  |
| Core Natural Resources Inc  | 270188 | 19510275 |
| DHT Holdings Inc  | 1741400 | 18615566 |
| Energy Transfer LP  | 7554400 | 124949777 |
| Enterprise Products Partners LP  | 3416600 | 102156340 |
| Exxon Mobil Corp  | 848897 | 89668990 |
| MPLX LP  | 1303500 | 66387255 |
| Shell PLC ADR  | 1277700 | 82386096 |
|  |  | 503674299 |
| TOTAL ENERGY |  | 543952551 |
| Financials - 15.8% |  |  |
| Banks - 4.0% |  |  |
| Bank of America Corp  | 3366300 | 134248044 |
| Wells Fargo & Co  | 2054693 | 145903750 |
|  |  | 280151794 |
| Capital Markets - 4.1% |  |  |
| Ares Capital Corp (a) | 2354932 | 48652895 |
| Blue Owl Capital Corp  | 8330915 | 116716119 |
| Blue Owl Capital Inc Class A  | 2238700 | 41483111 |
| Cboe Global Markets Inc  | 223700 | 49616660 |
| KKR & Co Inc Class A  | 223200 | 25505064 |
|  |  | 281973849 |
| Consumer Finance - 0.4% |  |  |
| FirstCash Holdings Inc  | 222800 | 29846288 |
| Financial Services - 5.1% |  |  |
| Apollo Global Management Inc  | 839800 | 114615904 |
| Mastercard Inc Class A  | 150200 | 82318612 |
| UWM Holdings Corp Class A (a) | 2507800 | 11786660 |
| Visa Inc Class A  | 409693 | 141548932 |
|  |  | 350270108 |
| Insurance - 2.2% |  |  |
| Arthur J Gallagher & Co  | 114700 | 36783143 |
| Chubb Ltd  | 186400 | 53325312 |
| Marsh & McLennan Cos Inc  | 119500 | 26943665 |
| The Travelers Companies, Inc.  | 123800 | 32699294 |
|  |  | 149751414 |
| TOTAL FINANCIALS |  | 1091993453 |
| Health Care - 6.9% |  |  |
| Health Care Providers & Services - 3.1% |  |  |
| Cigna Group/The  | 289900 | 98577596 |
| Elevance Health Inc  | 43900 | 18463462 |
| Humana Inc  | 164000 | 43007360 |
| UnitedHealth Group Inc  | 129306 | 53201661 |
|  |  | 213250079 |
| Life Sciences Tools & Services - 1.1% |  |  |
| Bruker Corp  | 608500 | 24376510 |
| Danaher Corp  | 97700 | 19474541 |
| Thermo Fisher Scientific Inc  | 72600 | 31145400 |
|  |  | 74996451 |
| Pharmaceuticals - 2.7% |  |  |
| Eli Lilly & Co  | 12900 | 11596455 |
| Merck & Co Inc  | 636800 | 54255360 |
| Perrigo Co PLC  | 266500 | 6854380 |
| Royalty Pharma PLC Class A  | 3513500 | 115313070 |
|  |  | 188019265 |
| TOTAL HEALTH CARE |  | 476265795 |
| Industrials - 17.9% |  |  |
| Aerospace & Defense - 4.4% |  |  |
| Boeing Co (c) | 1306700 | 239439709 |
| GE Aerospace  | 110550 | 22280247 |
| General Dynamics Corp  | 17600 | 4789312 |
| Howmet Aerospace Inc  | 132700 | 18389566 |
| Huntington Ingalls Industries Inc  | 51100 | 11770374 |
| Textron Inc  | 144100 | 10140317 |
|  |  | 306809525 |
| Commercial Services & Supplies - 0.5% |  |  |
| Brink's Co/The  | 358600 | 32001464 |
| Construction & Engineering - 2.8% |  |  |
| Comfort Systems USA Inc  | 104500 | 41543975 |
| EMCOR Group Inc (a) | 291100 | 116643770 |
| Quanta Services Inc  | 128800 | 37698472 |
|  |  | 195886217 |
| Electrical Equipment - 3.6% |  |  |
| GE Vernova Inc  | 510287 | 189224625 |
| Vertiv Holdings Co Class A (a) | 731400 | 62446932 |
|  |  | 251671557 |
| Machinery - 3.5% |  |  |
| Allison Transmission Holdings Inc  | 1354559 | 124944522 |
| Westinghouse Air Brake Technologies Corp  | 617100 | 114003054 |
|  |  | 238947576 |
| Professional Services - 3.1% |  |  |
| Genpact Ltd  | 208900 | 10499314 |
| Paycom Software Inc  | 486700 | 110184013 |
| SS&C Technologies Holdings Inc  | 1250900 | 94568040 |
|  |  | 215251367 |
| TOTAL INDUSTRIALS |  | 1240567706 |
| Information Technology - 15.3% |  |  |
| Electronic Equipment, Instruments & Components - 0.0% |  |  |
| Vontier Corp  | 6702 | 213190 |
| Semiconductors & Semiconductor Equipment - 7.5% |  |  |
| Amkor Technology Inc  | 337300 | 5885885 |
| Broadcom Inc  | 737600 | 141965872 |
| Marvell Technology Inc  | 181105 | 10571099 |
| NVIDIA Corp  | 3327700 | 362453084 |
|  |  | 520875940 |
| Software - 7.0% |  |  |
| Intuit Inc  | 75100 | 47122997 |
| Microsoft Corp  | 949000 | 375101740 |
| Salesforce Inc  | 219400 | 58954974 |
|  |  | 481179711 |
| Technology Hardware, Storage & Peripherals - 0.8% |  |  |
| Apple Inc  | 192172 | 40836550 |
| Dell Technologies Inc Class C  | 86700 | 7955592 |
| Western Digital Corp (c) | 110300 | 4837758 |
|  |  | 53629900 |
| TOTAL INFORMATION TECHNOLOGY |  | 1055898741 |
| Materials - 0.9% |  |  |
| Metals & Mining - 0.9% |  |  |
| Newmont Corp  | 724400 | 38161392 |
| Royal Gold Inc  | 169600 | 30987616 |
|  |  | 69149008 |
| Real Estate - 2.0% |  |  |
| Health Care REITs - 1.1% |  |  |
| Ventas Inc  | 1070400 | 75013632 |
| Industrial REITs - 0.0% |  |  |
| Rexford Industrial Realty Inc  | 154000 | 5097400 |
| Real Estate Management & Development - 0.4% |  |  |
| St Joe Co/The  | 588800 | 24918016 |
| Specialized REITs - 0.5% |  |  |
| Millrose Properties Inc Class A  | 1294400 | 32411776 |
| TOTAL REAL ESTATE |  | 137440824 |
| Utilities - 3.1% |  |  |
| Electric Utilities - 2.9% |  |  |
| Edison International  | 230100 | 12312651 |
| Exelon Corp  | 329630 | 15459647 |
| FirstEnergy Corp (a) | 1786400 | 76600832 |
| NextEra Energy Inc  | 1452700 | 97156576 |
|  |  | 201529706 |
| Independent Power and Renewable Electricity Producers - 0.2% |  |  |
| AES Corp/The  | 1431600 | 14316000 |
| TOTAL UTILITIES |  | 215845706 |
| TOTAL UNITED STATES |  | 6120072222 |
| ZAMBIA - 0.3%  |  |  |
| Materials - 0.3% |  |  |
| Metals & Mining - 0.3% |  |  |
| First Quantum Minerals Ltd (c) | 1781400 | 23918261 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $5,498,761,644) |  | <br> **6804152732** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 3.1%** | &nbsp;&nbsp;**Money Market Funds - 3.1%** | &nbsp;&nbsp;**Money Market Funds - 3.1%** | &nbsp;&nbsp;**Money Market Funds - 3.1%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (d) | 4.33 | 82090041 | 82106459 |
| Fidelity Securities Lending Cash Central Fund (d)(e) | 4.33 | 136978243 | 136991941 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $219,098,400) |  |  | **219098400** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 101.4%**<br> (Cost $5,717,860,044)<br>| <br>**7023251132** |
| **NET OTHER ASSETS (LIABILITIES) - (1.4)%**  | **(100296829)** |
| **NET ASSETS - 100.0%** | **6922954303** |

---

**Legend**

(a) Security or a portion of the security is on loan at period end.

(b) Affiliated company

(c) Non-income producing

(d) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(e) Investment made with cash collateral received from securities on loan.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 55877197 | 1796085936 | 1769856674 | 1317347 | - | - | 82106459 | 82090041 | 0.1% |
| Fidelity Securities Lending Cash Central Fund | 85660077 | 1866868511 | 1815536647 | 216564 | - | - | 136991941 | 136978243 | 0.5% |
| Total | 141537274 | 3662954447 | 3585393321 | 1533911 | - | - | 219098400 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.

**Other Affiliated Issuers**

An affiliated company is a company in which the Fund has ownership of at least 5% of the voting securities. Fiscal year to date transactions with companies which are or were affiliates are presented in the table below. Certain corporate actions, such as mergers, are excluded from the amounts in this table if applicable. A dash in the Value end of period ($) and Shares end of period columns means either the issuer is no longer held at period end, or the issuer is held at period end but is no longer an affiliate.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  |
| 2020 Bulkers Ltd | 17371463 | - | - | 981987 | - | (3820704) | 13550759 | 1271181 |
| Total | 17371463 | - | - | 981987 | - | (3820704) | 13550759 |  |

---

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Securities Fund

- **b. Investment Company Act file number:** 811-04118

- **c. CIK number of Registrant:** 0000754510

- **d. LEI of Registrant:** LIUMB3NDWOFJPXVROE85

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Dividend Growth Fund

- **b. EDGAR series identifier (if any):** S000007197

- **c. LEI of Series:** YMZZRU3GTA1C1IRR2V17

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $7052907680.78

**Total Liabilities:** $126695594.32

**Net Assets:** $6926212086.46

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019695 | -3.48%               | -5.33%               | -0.15%               |
| Class ID C000064270 | -3.49%               | -5.32%               | -0.15%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $117388615.15            | $-401108771.03                             |
| Month 2  | $4863289.58              | $-415265057.20                             |
| Month 3  | $-58934339.97            | $41067046.21                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SOMNIGROUP INTERNATIONAL INC      | SOMNIGROUP INTERNATIONAL INC                  | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |   1652900 | NS      | $100926074.00 | 1.46%             |  |  |  | No            |                  1 | On Loan: —       |
| BLUE OWL CAPITAL INC              | BLUE OWL CAPITAL INC A                        | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2238700 | NS      | $41483111.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| HIMALAYA SHIPPING LTD             | HIMALAYA SHIPPING LTD                         | CUSIP: N/A<br>LEI: 984500D86FFE5EYE7988       | Long             | EC               | CORP              | BM        |    411353 | NS      | $2154943.43   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| BE SEMICONDUCTOR INDUSTRIES NV    | BE SEMICOND INDUS NV (NETH)                   | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |    170200 | NS      | $18170515.22  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                | ENERGY TRANSFER LP                            | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |   8332200 | NS      | $137814588.00 | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC      | THERMO FISHER SCIENTIFIC INC                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     72600 | NS      | $31145400.00  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| AES CORP                          | AES CORP                                      | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |   1431600 | NS      | $14316000.00  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| STOLT NIELSEN LTD                 | STOLT NIELSEN LTD                             | CUSIP: N/A<br>LEI: 213800VZX4LWJSGRLR94       | Long             | EC               | CORP              | BM        |    892600 | NS      | $19991137.51  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR and CO INC                    | KKR and CO INC                                | CUSIP: 48251W104<br>LEI: 549300JOHU21WRN2Z451 | Long             | EC               | CORP              | US        |    223200 | NS      | $25505064.00  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE TECH CORP  | WESTINGHOUSE AIR BRAKE TECH CORP              | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |    617100 | NS      | $114003054.00 | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL TECHNOLOGIES INC             | DELL TECHNOLOGIES INC CL C                    | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |    320800 | NS      | $29436608.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                         | SHELL PLC SPONS ADR                           | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   1277700 | NS      | $82386096.00  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC                    | GE VERNOVA INC                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |    510287 | NS      | $189224625.34 | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                         | APPLE INC                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    192172 | NS      | $40836550.00  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BRITISH AMERICAN TOBACCO PLC      | BRITISH AMERICAN TOBACCO PLC                  | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |   1956034 | NS      | $85201593.10  | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| NOVO-NORDISK AS                   | NOVO-NORDISK AS CL B ADR                      | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |    373000 | NS      | $24785850.00  | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| VISTRY GROUP PLC                  | VISTRY GROUP PLC                              | CUSIP: N/A<br>LEI: 2138001KOWN7CG9SLK53       | Long             | EC               | CORP              | GB        |   2671400 | NS      | $22400619.69  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                   | T-MOBILE US INC                               | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    176000 | NS      | $43463200.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL GOLD INC                    | ROYAL GOLD INC                                | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |    169600 | NS      | $30987616.00  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS INC          | CONSTELLATION BRANDS INC CL A                 | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |    196900 | NS      | $36926626.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                    | MICROSOFT CORP                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    949000 | NS      | $375101740.00 | 5.42%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                          | VISA INC CL A                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    409693 | NS      | $141548931.50 | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTA SVCS INC                   | QUANTA SVCS INC                               | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |    128800 | NS      | $37698472.00  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBERTSONS COS INC                | ALBERTSONS COS INC CL A                       | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |    980700 | NS      | $21555786.00  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                | META PLATFORMS INC CL A                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    548300 | NS      | $301016700.00 | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC     | APOLLO GLOBAL MANAGEMENT INC                  | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    839800 | NS      | $114615904.00 | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC                | NEXTERA ENERGY INC                            | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |   1421200 | NS      | $95049856.00  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC                        | INTUIT INC                                    | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     75100 | NS      | $47122997.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                         | CHUBB LTD                                     | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |    186400 | NS      | $53325312.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BRUKER CORP                       | BRUKER CORP                                   | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |    608500 | NS      | $24376510.00  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                        | VENTAS INC REIT                               | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |   1028100 | NS      | $72049248.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| COMFORT SYSTEMS USA INC           | COMFORT SYSTEMS USA INC                       | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |    111600 | NS      | $44366580.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ST JOE COMPANY                    | ST JOE COMPANY                                | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |    588800 | NS      | $24918016.00  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD        | FIRST QUANTUM MINERALS LTD                    | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |   1781400 | NS      | $23918260.55  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BRINKS CO                         | BRINKS CO                                     | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |    358600 | NS      | $32001464.00  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORP             | GENERAL DYNAMICS CORPORATION                  | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     17600 | NS      | $4789312.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK and CO INC                  | MERCK and CO INC NEW                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    636800 | NS      | $54255360.00  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP              | WESTERN DIGITAL CORP                          | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |    110300 | NS      | $4837758.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP (THE)                 | CIGNA GROUP (THE)                             | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |    289900 | NS      | $98577596.00  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTIV HOLDINGS CO                | VERTIV HOLDINGS CO                            | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    731400 | NS      | $62446932.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: —       |
| ARCHROCK INC                      | ARCHROCK INC                                  | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |    955700 | NS      | $22487621.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP                  | FIRSTENERGY CORP                              | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |   1786400 | NS      | $76600832.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: —       |
| FIRSTCASH HOLDINGS INC            | FIRSTCASH HOLDINGS INC                        | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    222800 | NS      | $29846288.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE SYSTEMS PLC                   | BAE SYSTEMS PLC                               | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |    473900 | NS      | $10986251.23  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                | ROYALTY PHARMA PLC                            | CUSIP: N/A<br>LEI: 549300FGFN7VOK8BZR03       | Long             | EC               | CORP              | GB        |   3513500 | NS      | $115313070.00 | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| JM SMUCKER CO/THE                 | JM SMUCKER CO/THE                             | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |    423000 | NS      | $49182210.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: —       |
| VONTIER CORP                      | VONTIER CORP W/I                              | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |      6702 | NS      | $213190.62    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORP                    | STARBUCKS CORP                                | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |       800 | NS      | $64040.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AMKOR TECHNOLOGY INC              | AMKOR TECHNOLOGY INC                          | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               | CORP              | US        |    337300 | NS      | $5885885.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MARSH and MCLENNAN COS INC        | MARSH and MCLENNAN COS INC                    | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |    119500 | NS      | $26943665.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| COOL COMPANY LTD                  | COOL COMPANY LTD                              | CUSIP: N/A<br>LEI: 549300AQHDVKVCNIU608       | Long             | EC               | CORP              | BM        |   1115436 | NS      | $6969196.61   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| TEXTRON INC                       | TEXTRON INC                                   | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |    144100 | NS      | $10140317.00  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MARVELL TECHNOLOGY INC            | MARVELL TECHNOLOGY INC                        | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    181105 | NS      | $10571098.85  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| DHT HOLDINGS INC                  | DHT HOLDINGS INC                              | CUSIP: N/A<br>LEI: 549300SMD6IVZYT74K40       | Long             | EC               | CORP              | MH        |   1741400 | NS      | $18615566.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL INC/MD     | MARRIOTT INTERNATIONAL INC A                  | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     38800 | NS      | $9256904.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH INC               | ELEVANCE HEALTH INC                           | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     43900 | NS      | $18463462.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE CORP INTERNATIONAL INC    | SERVICE CORP INTERNATIONAL INC                | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |    575500 | NS      | $45982450.00  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC              | KEURIG DR PEPPER INC                          | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |   1026100 | NS      | $35492799.00  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| GALLAGHER (ARTHUR J.) and CO      | ARTHUR J GALLAGHAR AND CO                     | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |    114700 | NS      | $36783143.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE OWL CAPITAL CORP             | BLUE OWL CAPITAL CORP                         | CUSIP: 69121K104<br>LEI: 2549000BD79OOCPF2L94 | Long             | EC               | CORP              | US        |   8505515 | NS      | $119162265.15 | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| VAIL RESORTS INC                  | VAIL RESORTS INC                              | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |    425400 | NS      | $59215680.00  | 0.85%             |  |  |  | No            |                  1 | On Loan: —       |
| 2020 BULKERS LTD                  | 2020 BULKERS LTD                              | CUSIP: N/A<br>LEI: 549300402C8KQEW78U64       | Long             | EC               | CORP              | BM        |   1271181 | NS      | $13550759.65  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| KODIAK GAS SERVICES INC           | KODIAK GAS SERVICES INC                       | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    523100 | NS      | $17790631.00  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY and CO                  | ELI LILLY and CO                              | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     12900 | NS      | $11596455.00  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR GROUP INC                   | EMCOR GROUP INC                               | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |    309300 | NS      | $123936510.00 | 1.79%             |  |  |  | No            |                  1 | On Loan: —       |
| GE AEROSPACE                      | GE AEROSPACE                                  | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    110550 | NS      | $22280247.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                      | BROADCOM INC                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    737600 | NS      | $141965872.00 | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TEEKAY TANKERS LTD                | TEEKAY TANKERS LTD CL A                       | CUSIP: N/A<br>LEI: 549300DE8ZAIYS2T6Q22       | Long             | EC               | CORP              | BM        |   1062723 | NS      | $45240118.11  | 0.65%             |  |  |  | No            |                  1 | On Loan: —       |
| MILLROSE PROPERTIES INC REIT      | MILLROSE PROPERTIES INC                       | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1294400 | NS      | $32411776.00  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP                      | COMCAST CORP CL A                             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   1919992 | NS      | $65663726.40  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE PRODUCTS PARTNERS LP   | ENTERPRISE PRODS PARTNERS LP                  | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |   3416600 | NS      | $102156340.00 | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKLAND CORP                     | PARKLAND CORP                                 | CUSIP: 70137W108<br>LEI: 549300UY5C6HUV0XLS53 | Long             | EC               | CORP              | CA        |    985677 | NS      | $24831395.77  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC   | PHILIP MORRIS INTL INC                        | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    533000 | NS      | $91334880.00  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                    | SALESFORCE INC                                | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    219400 | NS      | $58954974.00  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust      | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  82090041 | NS      | $82106459.07  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD   | TAIWAN SEMIC MFG CO LTD SP ADR                | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    615500 | NS      | $102597695.00 | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PERRIGO CO PLC                    | PERRIGO CO PLC                                | CUSIP: N/A<br>LEI: 549300IFOQS6R1QLY196       | Long             | EC               | CORP              | IE        |    266500 | NS      | $6854380.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BORR DRILLING LTD                 | BORR DRILLING LTD                             | CUSIP: N/A<br>LEI: 213800J2JPCTXLHQ5R78       | Long             | EC               | CORP              | BM        |   2948049 | NS      | $5011683.30   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| CBOE GLOBAL MARKETS INC           | CBOE GLOBAL MARKETS INC                       | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |    223700 | NS      | $49616660.00  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                  | EXXON MOBIL CORP                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    891497 | NS      | $94168828.11  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                      | DANAHER CORP                                  | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     97700 | NS      | $19474541.00  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES CAPITAL CORP                 | ARES CAPITAL CORP                             | CUSIP: 04010L103<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | EC               | CORP              | US        |   2477732 | NS      | $51189943.12  | 0.74%             |  |  |  | No            |                  1 | On Loan: —       |
| PAYCOM SOFTWARE INC               | PAYCOM SOFTWARE INC                           | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |    486700 | NS      | $110184013.00 | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| REYNOLDS CONSUMER PRODUCTS INC    | REYNOLDS CONSUMER PRODUCTS INC                | CUSIP: 76171L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    911100 | NS      | $20955300.00  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UWM HOLDINGS CORP                 | UWM HOLDINGS CORP CL A                        | CUSIP: 91823B109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2507800 | NS      | $11786660.00  | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| NOBLE CORP PLC                    | NOBLE CORP PLC                                | CUSIP: N/A<br>LEI: 549300I3HBUNXO0OG954       | Long             | EC               | CORP              | GB        |    111726 | NS      | $2428923.24   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| CORE NATURAL RESOURCES INC        | CORE NATURAL RESOURCES INC                    | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |    308788 | NS      | $22297581.48  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON INGALLS INDUSTRIES INC | HUNTINGTON INGALLS INDUSTRIES INC             | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |     51100 | NS      | $11770374.00  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TIDEWATER INC                     | TIDEWATER INC                                 | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |     50300 | NS      | $1820357.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO                         | BOEING CO                                     | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |   1306700 | NS      | $239439708.00 | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWMET AEROSPACE INC              | HOWMET AEROSPACE INC                          | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |    132700 | NS      | $18389566.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| GENPACT LTD                       | GENPACT LTD                                   | CUSIP: N/A<br>LEI: 529900OSEC6Q0L4L5B35       | Long             | EC               | CORP              | BM        |    208900 | NS      | $10499314.00  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVELERS COS INC                 | TRAVELERS COMPANIES INC                       | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |    123800 | NS      | $32699294.00  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HLDGS INC    | ALLISON TRANSMISSION HLDGS INC                | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |   1392859 | NS      | $128477314.16 | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL              | EDISON INTL                                   | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |    230100 | NS      | $12312651.00  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| RESTAURANT BRANDS INTL INC        | RESTAURANT BRANDS INTERNATIONAL INC           | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |    459100 | NS      | $29566040.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Fidelity Revere Street Trust      | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        | 123281598 | NS      | $123293925.86 | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                       | NVIDIA CORP                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   3327700 | NS      | $362453084.00 | 5.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                    | MASTERCARD INC CL A                           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    150200 | NS      | $82318612.00  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO and CO                | WELLS FARGO and CO                            | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |   2154693 | NS      | $153004749.93 | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION       | BANK OF AMERICA CORPORATION                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   3366300 | NS      | $134248044.00 | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML HOLDING NV                   | ASML HOLDING NV                               | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      5500 | NS      | $3629368.18   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANA INC                        | HUMANA INC                                    | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |    164000 | NS      | $43007360.00  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD CORP                   | BROOKFIELD CORP CL A                          | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |   3016300 | NS      | $161884821.00 | 2.34%             |  |  |  | No            |                  1 | On Loan: —       |
| UNITEDHEALTH GROUP INC            | UNITEDHEALTH GROUP INC                        | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     45506 | NS      | $18722988.64  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORP                       | EXELON CORP                                   | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    329630 | NS      | $15459647.00  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTRIA GROUP INC                  | ALTRIA GROUP INC                              | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    364200 | NS      | $21542430.00  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                           | MPLX LP                                       | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |   1421500 | NS      | $72396995.00  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HIMALAYA SHIPPING LTD             | HIMALAYA SHIPPING LTD                         | CUSIP: N/A<br>LEI: 984500D86FFE5EYE7988       | Long             | EC               | CORP              | BM        |   1333100 | NS      | $6958782.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| HILTON WORLDWIDE HOLDINGS INC     | HILTON WORLDWIDE HOLDINGS INC                 | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     74500 | NS      | $16798260.00  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| REXFORD INDL RLTY INC             | REXFORD INDUSTRIAL REALTY INC                 | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |    154000 | NS      | $5097400.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| A-MARK PRECIOUS METALS INC        | A-MARK PRECIOUS METALS INC                    | CUSIP: 00181T107<br>LEI: XP6XYFDZQGKLUMOFGT37 | Long             | EC               | CORP              | US        |    991300 | NS      | $24148068.00  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK TIMES CO                 | NEW YORK TIMES CO CL A                        | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |    511500 | NS      | $26628690.00  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| SS and C TECHNOLOGIES HLDGS INC   | SS and C TECHNOLOGIES HOLDINGS INC            | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |   1156700 | NS      | $87446520.00  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| THALES SA                         | THALES                                        | CUSIP: N/A<br>LEI: 529900FNDVTQJOVVPZ19       | Long             | EC               | CORP              | FR        |     66900 | NS      | $18740186.30  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| AGNICO EAGLE MINES LTD            | AGNICO EAGLE MINES LTD                        | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |    168300 | NS      | $19780682.58  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                      | ALPHABET INC CL A                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   2054100 | NS      | $326191080.00 | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORP                      | NEWMONT CORP                                  | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    724400 | NS      | $38161392.00  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| WHEATON PRECIOUS METALS CORP      | WHEATON PRECIOUS METALS CORP                  | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |    417700 | NS      | $34877010.74  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer