# EDGAR Filing Document

**Accession Number:** 0001424212
**File Stem:** 0000940400-25-002870
**Filing Date:** 2025-9
**Character Count:** 167836
**Document Hash:** 46e7e3d199c7cf15ae4652928a05dc6c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-002870.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000940400-25-002870

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED FUND III
- **CENTRAL INDEX KEY:** 0001424212

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22245
- **FILM NUMBER:** 251348986

**BUSINESS ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-765-8000

**MAIL ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange-Traded Fund III
- **DATE OF NAME CHANGE:** 20160419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange Traded Fund III
- **DATE OF NAME CHANGE:** 20080116

## Series and Classes Contracts Data

### First Trust Long/Short Equity ETF (Series ID: S000045700)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000142474 | First Trust Long/Short Equity ETF | FTLS            |

## Nport-Ex

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments**

**July 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 98.4%** | **COMMON STOCKS — 98.4%** | **COMMON STOCKS — 98.4%** |
|  | **Aerospace & Defense — 0.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10149 | Cadre Holdings, Inc. | $335628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19088 | HEICO Corp. | 6237958 |
|  |  | 6573586 |
|  | **Automobile Components — 0.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9137 | Dorman Products, Inc. (a) | 1102105 |
|  | **Automobiles — 0.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13161 | Tesla, Inc. (a) | 4057141 |
|  | **Banks — 5.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17909 | Bank of Hawaii Corp. | 1108209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48823 | Bank OZK | 2406974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20841 | Berkshire Hills Bancorp, Inc. | 513522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 594731 | Citigroup, Inc. (b) | 55726295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22079 | Commerce Bancshares, Inc. | 1351235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10258 | Customers Bancorp, Inc. (a) | 653947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43795 | East West Bancorp, Inc. | 4390449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32945 | First Hawaiian, Inc. | 798916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10546 | Heritage Financial Corp. | 237707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25428 | JPMorgan Chase & Co. | 7532791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10324 | National Bank Holdings Corp., Class A | 382607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18964 | Texas Capital Bancshares, Inc. (a) | 1592407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9650 | TowneBank | 338040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 412742 | U.S. Bancorp | 18556880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31476 | United Bankshares, Inc. | 1118028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29621 | United Community Banks, Inc. | 903440 |
|  |  | 97611447 |
|  | **Beverages — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80824 | Anheuser-Busch InBev S.A./N.V., ADR | 4661120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11423 | Coca-Cola Europacific Partners PLC | 1107117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200134 | Monster Beverage Corp. (a) | 11757873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7079 | National Beverage Corp. (a) | 324360 |
|  |  | 17850470 |
|  | **Biotechnology — 4.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73406 | Alkermes PLC (a) | 1944525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44001 | Catalyst Pharmaceuticals, Inc. (a) | 938541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83182 | Exelixis, Inc. (a) | 3012852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 360422 | Gilead Sciences, Inc. (b) | 40471786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70822 | Halozyme Therapeutics, Inc. (a) | 4247195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19460 | Kiniksa Pharmaceuticals International PLC (a) | 588860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43470 | PTC Therapeutics, Inc. (a) | 2265222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18878 | United Therapeutics Corp. (a) | 5185787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66296 | Vertex Pharmaceuticals, Inc. (a) | 30288653 |
|  |  | 88943421 |
|  | **Broadline Retail — 5.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 267822 | Amazon.com, Inc. (a) (b) | 62699808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5220 | Dillard's, Inc., Class A | 2437375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44963 | Ollie's Bargain Outlet Holdings, Inc. (a) | 6143295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 364027 | PDD Holdings, Inc., ADR (a) (b) | 41298863 |
|  |  | 112579341 |

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Building Products — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22376 | Advanced Drainage Systems, Inc. | $2567646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14370 | Allegion PLC | 2384271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9518 | AZZ, Inc. | 1042221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 183927 | Carrier Global Corp. | 12621071 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4280 | CSW Industrials, Inc. | 1110574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51347 | Janus International Group, Inc. (a) | 440044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38609 | Zurn Elkay Water Solutions Corp. | 1708448 |
|  |  | 21874275 |
|  | **Capital Markets — 0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19500 | Ameriprise Financial, Inc. | 10104705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41400 | Moelis & Co., Class A | 2903796 |
|  |  | 13008501 |
|  | **Chemicals — 0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6666 | Balchem Corp. | 1016365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91093 | CF Industries Holdings, Inc. | 8456163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9685 | Innospec, Inc. | 773832 |
|  |  | 10246360 |
|  | **Commercial Services & Supplies — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9522 | Brady Corp., Class A | 671967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63661 | Cintas Corp. | 14167756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45811 | Republic Services, Inc. | 10566307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73407 | Rollins, Inc. | 4204019 |
|  |  | 29610049 |
|  | **Communications Equipment — 0.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6940 | Digi International, Inc. (a) | 226313 |
|  | **Construction & Engineering — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35170 | AECOM | 3965066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85388 | API Group Corp. (a) | 3079945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5400 | Stantec, Inc. | 590544 |
|  |  | 7635555 |
|  | **Construction Materials — 0.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14923 | Eagle Materials, Inc. | 3347080 |
|  | **Consumer Staples Distribution & Retail — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3947 | Costco Wholesale Corp. | 3708759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61052 | Sprouts Farmers Market, Inc. (a) | 9251820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39068 | Walmart, Inc. | 3827883 |
|  |  | 16788462 |
|  | **Containers & Packaging — 0.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44498 | Crown Holdings, Inc. | 4421321 |
|  | **Diversified Consumer Services — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15702 | Adtalem Global Education, Inc. (a) | 1794268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27711 | Frontdoor, Inc. (a) | 1621094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63180 | H&R Block, Inc. | 3433201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29954 | Laureate Education, Inc. (a) | 676960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19139 | Perdoceo Education Corp. | 550820 |
|  |  | 8076343 |

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Diversified REITs — 0.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19397 | Alexander & Baldwin, Inc. | $348758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49137 | WP Carey, Inc. | 3152630 |
|  |  | 3501388 |
|  | **Diversified Telecommunication Services — 0.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3515 | IDT Corp., Class B | 207069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23237 | Telkom Indonesia Persero Tbk PT, ADR | 408971 |
|  |  | 616040 |
|  | **Electrical Equipment — 0.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14301 | Acuity, Inc. | 4452616 |
|  | **Energy Equipment & Services — 0.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71114 | Tenaris S.A., ADR | 2484723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10858 | USA Compression Partners, L.P. (c) | 258963 |
|  |  | 2743686 |
|  | **Entertainment — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125040 | Electronic Arts, Inc. | 19067350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46678 | NetEase, Inc., ADR | 6082143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3711 | Netflix, Inc. (a) | 4302533 |
|  |  | 29452026 |
|  | **Financial Services — 3.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50505 | Berkshire Hathaway, Inc., Class B (a) (b) | 23832299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24303 | Jack Henry & Associates, Inc. | 4127014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54440 | Mastercard, Inc., Class A | 30838627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15615 | Visa, Inc., Class A | 5394514 |
|  |  | 64192454 |
|  | **Food Products — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40543 | Cal-Maine Foods, Inc. | 4505949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141086 | Campbell's (The) Co. | 4503465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 266460 | Conagra Brands, Inc. | 4865560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84432 | Flowers Foods, Inc. | 1338247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14404 | Fresh Del Monte Produce, Inc. | 541446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112623 | Hormel Foods Corp. | 3163580 |
|  |  | 18918247 |
|  | **Health Care Equipment & Supplies — 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35596 | ResMed, Inc. | 9679976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4109 | UFP Technologies, Inc. (a) | 930237 |
|  |  | 10610213 |
|  | **Health Care Providers & Services — 4.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7753 | Addus HomeCare Corp. (a) | 827865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130048 | Alignment Healthcare, Inc. (a) | 1792062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84699 | Cardinal Health, Inc. | 13146979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63082 | Cencora, Inc. | 18046499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 190005 | Centene Corp. (a) | 4953430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 429328 | CVS Health Corp. | 26661269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35545 | McKesson Corp. | 24651879 |
|  |  | 90079983 |

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Health Care REITs — 0.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63836 | CareTrust REIT, Inc. | $2029985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12651 | LTC Properties, Inc. | 430640 |
|  |  | 2460625 |
|  | **Hotels, Restaurants & Leisure — 5.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230160 | Airbnb, Inc., Class A (a) | 30475486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44947 | Atour Lifestyle Holdings Ltd., ADR | 1520107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8443 | Booking Holdings, Inc. (b) | 46470779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24511 | Domino's Pizza, Inc. | 11353740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78857 | H World Group Ltd., ADR | 2461915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54536 | Planet Fitness, Inc., Class A (a) | 5954786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42790 | Texas Roadhouse, Inc. | 7921713 |
|  |  | 106158526 |
|  | **Household Durables — 0.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11919 | Green Brick Partners, Inc. (a) | 738263 |
|  | **Household Products — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 199063 | Colgate-Palmolive Co. | 16691433 |
|  | **Industrial REITs — 0.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59349 | STAG Industrial, Inc. | 2037451 |
|  | **Insurance — 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11037 | Bowhead Specialty Holdings, Inc. (a) | 358703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20086 | Hamilton Insurance Group Ltd., Class B (a) | 431648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4255 | HCI Group, Inc. | 595870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1722 | Kinsale Capital Group, Inc. | 758868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6757 | Primerica, Inc. | 1794862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116209 | Progressive (The) Corp. | 28127226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16323 | RLI Corp. | 1077155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13842 | Skyward Specialty Insurance Group, Inc. (a) | 700128 |
|  |  | 33844460 |
|  | **Interactive Media & Services — 5.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 148507 | Alphabet, Inc., Class A (b) | 28498494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120491 | Alphabet, Inc., Class C (b) | 23237894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61623 | Meta Platforms, Inc., Class A (b) | 47661693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29482 | Yelp, Inc. (a) | 1015065 |
|  |  | 100413146 |
|  | **IT Services — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31275 | VeriSign, Inc. | 8408909 |
|  | **Life Sciences Tools & Services — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19176 | Medpace Holdings, Inc. (a) | 8191987 |
|  | **Machinery — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30254 | Allison Transmission Holdings, Inc. | 2724978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17326 | Blue Bird Corp. (a) | 776032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20876 | Federal Signal Corp. | 2642275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32643 | Graco, Inc. | 2741359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7946 | Proto Labs, Inc. (a) | 342631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5406 | RBC Bearings, Inc. (a) | 2093960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15924 | Snap-on, Inc. | 5114630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6704 | Watts Water Technologies, Inc., Class A | 1758593 |
|  |  | 18194458 |

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Metals & Mining — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16304 | Compass Minerals International, Inc. (a) | $324939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138287 | Gold Fields Ltd., ADR | 3368671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29423 | OR Royalties, Inc. | 815311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113125 | Rio Tinto PLC, ADR | 6761481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 166255 | Sandstorm Gold Ltd. | 1556147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65325 | Wheaton Precious Metals Corp. | 5977891 |
|  |  | 18804440 |
|  | **Office REITs — 0.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38912 | COPT Defense Properties | 1061519 |
|  | **Oil, Gas & Consumable Fuels — 4.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 127363 | Antero Midstream Corp. | 2337111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 181228 | Antero Resources Corp. (a) | 6330294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16923 | Black Stone Minerals, L.P. (c) | 212045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38342 | California Resources Corp. | 1847317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 249376 | Canadian Natural Resources Ltd. | 7905219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78508 | Cheniere Energy, Inc. | 18518467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39887 | Chord Energy Corp. | 4400733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 199512 | Enterprise Products Partners, L.P. (c) | 6182877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15832 | Excelerate Energy, Inc., Class A | 406249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 157199 | Expand Energy Corp. | 16471311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41794 | Exxon Mobil Corp. | 4665882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16635 | FLEX LNG Ltd. | 417039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96819 | Frontline PLC | 1783406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77506 | Hafnia Ltd. | 426283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45451 | Hess Midstream, L.P., Class A (c) (d) | 1978482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33834 | Kimbell Royalty Partners, L.P. (c) | 503112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18928 | Magnolia Oil & Gas Corp., Class A | 450865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47078 | Pembina Pipeline Corp. | 1750831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 151367 | Plains All American Pipeline, L.P. (c) | 2762448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84997 | Range Resources Corp. | 3121090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31457 | Sitio Royalties Corp., Class A | 571574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32714 | World Kinect Corp. | 892111 |
|  |  | 83934746 |
|  | **Pharmaceuticals — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14212 | Collegium Pharmaceutical, Inc. (a) | 424371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7432 | Eli Lilly & Co. | 5500200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25907 | Harmony Biosciences Holdings, Inc. (a) | 911408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29094 | Innoviva, Inc. (a) | 528638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13248 | Prestige Consumer Healthcare, Inc. (a) | 979690 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 167040 | Royalty Pharma PLC, Class A | 6147072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23103 | Supernus Pharmaceuticals, Inc. (a) | 810915 |
|  |  | 15302294 |
|  | **Professional Services — 2.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65530 | Automatic Data Processing, Inc. | 20281535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20761 | Broadridge Financial Solutions, Inc. | 5138555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17173 | CACI International, Inc., Class A (a) | 7909369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20062 | Fiverr International Ltd. (a) | 442969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16143 | Korn Ferry | 1144055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80382 | Legalzoom.com, Inc. (a) | 722634 |

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Professional Services (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14715 | Paylocity Holding Corp. (a) | $2720509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27696 | Science Applications International Corp. | 3087550 |
|  |  | 41447176 |
|  | **Real Estate Management & Development — 0.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17828 | Landbridge Co. LLC, Class A | 1010491 |
|  | **Residential REITs — 0.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57977 | Equity LifeStyle Properties, Inc. | 3473982 |
|  | **Retail REITs — 0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 223784 | Realty Income Corp. | 12560996 |
|  | **Semiconductors & Semiconductor Equipment — 9.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 128436 | Broadcom, Inc. (b) | 37721653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23746 | Cirrus Logic, Inc. (a) | 2391460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39082 | KLA Corp. | 34354251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 654075 | NVIDIA Corp. (b) | 116340320 |
|  |  | 190807684 |
|  | **Software — 9.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110123 | Adobe, Inc. (a) (b) | 39389896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49222 | Bentley Systems, Inc., Class B | 2853892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90976 | Clear Secure, Inc., Class A | 2675604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10163 | Descartes Systems Group (The), Inc. (a) | 1074839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80619 | Docusign, Inc. (a) | 6098021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 156405 | Dropbox, Inc., Class A (a) | 4249524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 184263 | Fortinet, Inc. (a) | 18407874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 199947 | Microsoft Corp. (b) | 106671724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45282 | Open Text Corp. | 1332649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22870 | Progress Software Corp. | 1099590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11441 | Qualys, Inc. (a) | 1522454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85782 | Zoom Communications, Inc. (a) | 6352157 |
|  |  | 191728224 |
|  | **Specialized REITs — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27689 | EPR Properties | 1524003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45245 | Extra Space Storage, Inc. | 6079118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33256 | Four Corners Property Trust, Inc. | 839381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57346 | Gaming and Leisure Properties, Inc. | 2613831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 282842 | VICI Properties, Inc. | 9220649 |
|  |  | 20276982 |
|  | **Specialty Retail — 3.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19770 | Buckle (The), Inc. | 976045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 173081 | Chewy, Inc., Class A (a) | 6352073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113543 | Ross Stores, Inc. | 15503161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 201363 | TJX (The) Cos., Inc. | 25075734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33595 | Ulta Beauty, Inc. (a) | 17301761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 845 | Winmark Corp. | 318920 |
|  |  | 65527694 |
|  | **Technology Hardware, Storage & Peripherals — 5.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 441495 | Apple, Inc. (b) | 91641117 |

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Technology Hardware, Storage & Peripherals (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34656 | CompoSecure, Inc., Class A (a) | $492462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83729 | NetApp, Inc. | 8718701 |
|  |  | 100852280 |
|  | **Textiles, Apparel & Luxury Goods — 4.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103293 | Deckers Outdoor Corp. (a) | 10966618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21339 | G-III Apparel Group Ltd. (a) | 503600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81040 | Lululemon Athletica, Inc. (a) | 16250951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750463 | NIKE, Inc., Class B (b) | 56052081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31762 | Ralph Lauren Corp. | 9488898 |
|  |  | 93262148 |
|  | **Tobacco — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 364519 | Altria Group, Inc. (b) | 22578307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6079 | Universal Corp. | 331123 |
|  |  | 22909430 |
|  | **Trading Companies & Distributors — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67593 | Core & Main, Inc., Class A (a) | 4301619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69232 | Ferguson Enterprises, Inc. | 15461583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15963 | GMS, Inc. (a) | 1750183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9662 | W.W. Grainger, Inc. | 10044035 |
|  |  | 31557420 |
|  | **Wireless Telecommunication Services — 2.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 168694 | T-Mobile US, Inc. (b) | 40218337 |
|  | **Total Common Stocks** | 1900393524 |
|  | (Cost $1,755,472,868) |  |
| **MONEY MARKET FUNDS — 0.3%** | **MONEY MARKET FUNDS — 0.3%** | **MONEY MARKET FUNDS — 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5119650 | Dreyfus Government Cash Management Fund, Institutional Shares - 4.20% (e) | 5119650 |
|  | (Cost $5,119,650) |  |
|  | **Total Investments — 98.7%** | 1905513174 |
|  | (Cost $1,760,592,518) |  |
| **COMMON STOCKS SOLD SHORT — (28.0)%** | **COMMON STOCKS SOLD SHORT — (28.0)%** | **COMMON STOCKS SOLD SHORT — (28.0)%** |
|  | **Aerospace & Defense — (2.1)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30530) | Boeing (The) Co. (a) | (6772775)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (53922) | Embraer S.A., ADR | (3104829)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (42559) | Hexcel Corp. | (2549710)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (43480) | L3Harris Technologies, Inc. | (11949173)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (28428) | Leonardo DRS, Inc. | (1182605)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26432) | Northrop Grumman Corp. | (15240955)<br>|
|  |  | (40800047)<br>|
|  | **Air Freight & Logistics — (0.1)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (69555) | ZTO Express Cayman, Inc., ADR | (1369538)<br>|
|  | **Banks — (1.3)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (203276) | Flagstar Financial, Inc. | (2294986)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (38041) | ICICI Bank Ltd., ADR | (1281982)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (279651) | Mitsubishi UFJ Financial Group, Inc., ADR | (3887149)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (102146) | Old National Bancorp | (2156302)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8497) | ServisFirst Bancshares, Inc. | (668289)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (44869) | Webster Financial Corp. | (2586698)<br>|

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS SOLD SHORT (Continued)** | **COMMON STOCKS SOLD SHORT (Continued)** | **COMMON STOCKS SOLD SHORT (Continued)** |
|  | **Banks (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (112540) | Wells Fargo & Co. | $(9074100)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31999) | Western Alliance Bancorp | (2481842)<br>|
|  |  | (24431348)<br>|
|  | **Beverages — (1.3)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (173196) | Coca-Cola (The) Co. | (11758276)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (96263) | PepsiCo, Inc. | (13276593)<br>|
|  |  | (25034869)<br>|
|  | **Biotechnology — (0.0)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18206) | Vericel Corp. (a) | (636118)<br>|
|  | **Broadline Retail — (0.4)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (238096) | Coupang, Inc. (a) | (7007165)<br>|
|  | **Building Products — (0.3)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27465) | AAON, Inc. | (2293328)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (63077) | Trex Company, Inc. (a) | (4052066)<br>|
|  |  | (6345394)<br>|
|  | **Capital Markets — (0.4)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6965) | Bank of New York Mellon (The) Corp. | (706599)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (69809) | State Street Corp. | (7801156)<br>|
|  |  | (8507755)<br>|
|  | **Chemicals — (1.9)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (45651) | Air Products and Chemicals, Inc. | (13142010)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (103663) | Corteva, Inc. | (7477212)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (47261) | Eastman Chemical Co. | (3431621)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27132) | Linde PLC | (12487775)<br>|
|  |  | (36538618)<br>|
|  | **Commercial Services & Supplies — (0.3)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12041) | Clean Harbors, Inc. (a) | (2839388)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (64616) | GFL Environmental, Inc. | (3252770)<br>|
|  |  | (6092158)<br>|
|  | **Communications Equipment — (0.0)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (89496) | Viavi Solutions, Inc. (a) | (899435)<br>|
|  | **Construction Materials — (0.1)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16058) | Knife River Corp (a) | (1324464)<br>|
|  | **Consumer Staples Distribution & Retail — (0.7)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (180621) | Kroger (The) Co. | (12661532)<br>|
|  | **Containers & Packaging — (1.3)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (87603) | Ball Corp. | (5016148)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (109881) | Graphic Packaging Holding Co. | (2456939)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (217564) | International Paper Co. | (10168941)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26221) | Silgan Holdings, Inc. | (1220063)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (127557) | Smurfit WestRock PLC | (5660980)<br>|
|  |  | (24523071)<br>|
|  | **Distributors — (0.1)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (94341) | LKQ Corp. | (2780229)<br>|

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS SOLD SHORT (Continued)** | **COMMON STOCKS SOLD SHORT (Continued)** | **COMMON STOCKS SOLD SHORT (Continued)** |
|  | **Diversified Telecommunication Services — (0.1)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (23703) | Cogent Communications Holdings, Inc. | $(1080620)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4887) | GCI Liberty, Inc., Class C (a) | (162492)<br>|
|  |  | (1243112)<br>|
|  | **Electrical Equipment — (0.8)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (38719) | Eaton Corp. PLC | (14895974)<br>|
|  | **Electronic Equipment, Instruments & Components — (0.1)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12567) | IPG Photonics Corp. (a) | (941143)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10433) | Rogers Corp. (a) | (684196)<br>|
|  |  | (1625339)<br>|
|  | **Energy Equipment & Services — (0.5)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (34648) | Aris Water Solutions, Inc., Class A | (736963)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (241073) | Schlumberger N.V. | (8148267)<br>|
|  |  | (8885230)<br>|
|  | **Entertainment — (0.9)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (32281) | IMAX Corp (a) | (832527)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (23377) | Sphere Entertainment Co. (a) | (1006380)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (55134) | Take-Two Interactive Software, Inc. (a) | (12279996)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (80393) | Warner Music Group Corp., Class A | (2352299)<br>|
|  |  | (16471202)<br>|
|  | **Financial Services — (0.4)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (98063) | Equitable Holdings, Inc. | (5035535)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (34860) | Voya Financial, Inc. | (2440200)<br>|
|  |  | (7475735)<br>|
|  | **Food Products — (0.1)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (19157) | Ingredion, Inc. | (2519912)<br>|
|  | **Ground Transportation — (0.3)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (61863) | RXO, Inc. (a) | (955783)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13716) | Ryder System, Inc. | (2437470)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (29312) | Schneider National, Inc., Class B | (716679)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (36001) | Werner Enterprises, Inc. | (997948)<br>|
|  |  | (5107880)<br>|
|  | **Health Care Equipment & Supplies — (1.9)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (175568) | Baxter International, Inc. | (3820360)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (72749) | Becton Dickinson & Co. | (12967509)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (73421) | Cooper (The) Cos., Inc. (a) | (5190130)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (37184) | Enovis Corp. (a) | (996531)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (39224) | Glaukos Corp. (a) | (3376794)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (19053) | Inspire Medical Systems, Inc. (a) | (2372861)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (24107) | Masimo Corp. (a) | (3707416)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (34816) | PROCEPT BioRobotics Corp. (a) | (1688924)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (49721) | QuidelOrtho Corp. (a) | (1144577)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13185) | Solventum Corp. (a) | (940882)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8782) | Zimmer Biomet Holdings, Inc. | (804870)<br>|
|  |  | (37010854)<br>|
|  | **Hotels, Restaurants & Leisure — (1.0)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (119623) | Genius Sports Ltd. (a) | (1345759)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27496) | MakeMyTrip Ltd. (a) | (2573351)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15128) | Restaurant Brands International, Inc. | (1026586)<br>|

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS SOLD SHORT (Continued)** | **COMMON STOCKS SOLD SHORT (Continued)** | **COMMON STOCKS SOLD SHORT (Continued)** |
|  | **Hotels, Restaurants & Leisure (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (68339) | Six Flags Entertainment Corp. (a) | $(2047436)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (134349) | Starbucks Corp. | (11978557)<br>|
|  |  | (18971689)<br>|
|  | **Household Durables — (0.3)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (29006) | Mohawk Industries, Inc. (a) | (3321477)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (350588) | Newell Brands, Inc. | (1966799)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6554) | SharkNinja, Inc. (a) | (760919)<br>|
|  |  | (6049195)<br>|
|  | **Household Products — (0.0)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30005) | Energizer Holdings, Inc. | (675713)<br>|
|  | **Industrial Conglomerates — (0.4)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (53614) | 3M Co. | (8000281)<br>|
|  | **Insurance — (0.6)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (152031) | American International Group, Inc. | (11802166)<br>|
|  | **Interactive Media & Services — (0.0)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (24129) | Ziff Davis, Inc. (a) | (750894)<br>|
|  | **IT Services — (0.8)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (97788) | Akamai Technologies, Inc. (a) | (7462203)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22051) | ASGN, Inc. (a) | (1105637)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (61541) | DigitalOcean Holdings, Inc. (a) | (1714532)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (102232) | Fastly, Inc., Class A (a) | (694155)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31121) | Twilio, Inc., Class A (a) | (4014609)<br>|
|  |  | (14991136)<br>|
|  | **Leisure Products — (0.0)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12770) | Acushnet Holdings Corp. | (1016747)<br>|
|  | **Life Sciences Tools & Services — (1.1)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31997) | Azenta, Inc. (a) | (1046302)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (24689) | Bruker Corp. | (948798)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (32663) | Repligen Corp. (a) | (3823858)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31609) | Thermo Fisher Scientific, Inc. | (14782897)<br>|
|  |  | (20601855)<br>|
|  | **Machinery — (0.9)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9495) | Albany International Corp., Class A | (514534)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (24376) | Chart Industries, Inc. (a) | (4846680)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (24321) | Deere & Co. | (12753203)<br>|
|  |  | (18114417)<br>|
|  | **Media — (0.2)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (102866) | DoubleVerify Holdings, Inc. (a) | (1575907)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (24436) | Liberty Broadband Corp., Class C (a) | (1498416)<br>|
|  |  | (3074323)<br>|
|  | **Metals & Mining — (0.1)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (37028) | Warrior Met Coal, Inc. | (1902499)<br>|
|  | **Oil, Gas & Consumable Fuels — (1.4)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (428534) | BP PLC, ADR | (13777368)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (35188) | Core Natural Resources, Inc. | (2597226)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (167904) | Crescent Energy Co., Class A | (1551433)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (63030) | Golar LNG Ltd. | (2594315)<br>|

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS SOLD SHORT (Continued)** | **COMMON STOCKS SOLD SHORT (Continued)** | **COMMON STOCKS SOLD SHORT (Continued)** |
|  | **Oil, Gas & Consumable Fuels (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (53272) | Viper Energy, Inc. | $(2006224)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (61319) | Williams (The) Cos., Inc. | (3676074)<br>|
|  |  | (26202640)<br>|
|  | **Personal Care Products — (0.1)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9566) | Interparfums, Inc. | (1153660)<br>|
|  | **Pharmaceuticals — (0.2)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (98784) | Sanofi S.A., ADR | (4508502)<br>|
|  | **Professional Services — (0.8)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (333293) | Alight, Inc., Class A | (1786451)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14643) | CBIZ, Inc. (a) | (894980)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (68087) | Dayforce, Inc. (a) | (3926577)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14180) | FTI Consulting, Inc. (a) | (2358843)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (72084) | TransUnion | (6861676)<br>|
|  |  | (15828527)<br>|
|  | **Real Estate Management & Development — (0.3)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (34983) | CBRE Group, Inc., Class A (a) | (5448252)<br>|
|  | **Semiconductors & Semiconductor Equipment — (1.0)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (28883) | ARM Holdings PLC, ADR (a) | (4083334)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (391367) | ASE Technology Holding Co., Ltd., ADR | (3717987)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (617859) | Intel Corp. | (12233608)<br>|
|  |  | (20034929)<br>|
|  | **Software — (3.2)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (29324) | ACI Worldwide, Inc. (a) | (1248030)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13138) | Alarm.com Holdings, Inc. (a) | (717729)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (42408) | Alkami Technology, Inc. (a) | (945274)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (41011) | AvePoint, Inc. (a) | (782490)<br>|
| &nbsp;&nbsp;&nbsp; (1599183) | BlackBerry Ltd. (a) | (5900985)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (166730) | CCC Intelligent Solutions Holdings, Inc. (a) | (1612279)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (266393) | Confluent, Inc., Class A (a) | (4721816)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27223) | Crowdstrike Holdings, Inc., Class A (a) | (12374759)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (68207) | Klaviyo, Inc., Class A (a) | (2121238)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (68519) | nCino, Inc. (a) | (1913393)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (48556) | Procore Technologies, Inc. (a) | (3478066)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (139380) | Samsara, Inc., Class A (a) | (5300621)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (169088) | SentinelOne, Inc., Class A (a) | (3101074)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12391) | Synopsys, Inc. (a) | (7849327)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (46530) | Tenable Holdings, Inc. (a) | (1456854)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10374) | Tyler Technologies, Inc. (a) | (6064226)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (48331) | Vertex, Inc., Class A (a) | (1603139)<br>|
|  |  | (61191300)<br>|
|  | **Specialized REITs — (0.0)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6224) | Crown Castle, Inc. | (654080)<br>|
|  | **Textiles, Apparel & Luxury Goods — (0.2)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (54785) | Birkenstock Holding PLC (a) | (2744180)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (315908) | Hanesbrands, Inc. (a) | (1292064)<br>|
|  |  | (4036244)<br>|
|  | **Trading Companies & Distributors — (0.0)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6017) | GATX Corp. | (918736)<br>|

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS SOLD SHORT (Continued)** | **COMMON STOCKS SOLD SHORT (Continued)** | **COMMON STOCKS SOLD SHORT (Continued)** |
|  | **Wireless Telecommunication Services — (0.0)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18478) | Telephone and Data Systems, Inc. | $(721381)<br>|
|  | **Total Investments Sold Short — (28.0)%** | (540836145)<br>|
|  | (Proceeds $534,969,645) |  |
|  | **Net Other Assets and Liabilities — 29.3%** | 565686443 |
|  | **Net Assets — 100.0%** | $1930363472 |

---

**Futures Contracts at July 31, 2025:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Futures Contracts Short** | **Number of** <br>**Contracts**<br>| **Expiration** <br>**Date**<br>| **Notional** <br>**Value**<br>| **Unrealized** <br>**Appreciation** <br>**(Depreciation)/** <br>**Value**<br>|
| S&P 500 E-mini Futures | 150 | Sep-2025 | &nbsp;&nbsp; $(47806875)<br>| &nbsp;&nbsp; $(1408571)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) This security or a portion of this security is segregated as collateral for investments
 sold short. At July 31, 2025, the segregated value of these securities amounts to $437,692,253.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Security is a Master Limited Partnership.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security is taxed as a "C" corporation for federal income tax purposes.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Rate shown reflects yield as of July 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Abbreviations throughout the Portfolio of Investments: <br> ADR – American Depositary Receipt <br> REITs – Real Estate Investment Trusts

------

**Valuation Inputs**

The Fund is subject to fair value accounting standards that define fair value, establish the framework for measuring fair value and provide a three-level hierarchy for fair valuation based upon the inputs to the valuation as of the measurement date. The three levels of the fair value hierarchy are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Level 2 inputs are observable inputs, either directly or indirectly. (Quoted prices for similar investments, valuations based on interest rates and yield curves, or valuations derived from observable market data.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Level 3 inputs are unobservable inputs that may reflect the reporting entity's own assumptions about the assumptions that market participants would use in pricing the investment.

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments.

A summary of the inputs used to value the Fund's investments as of July 31, 2025 is as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total** <br>**Value at** <br>**7/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $1900393524 | &nbsp;&nbsp; $1900393524 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| Money Market Funds | 5119650 | &nbsp;&nbsp; 5119650 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $1905513174 | &nbsp;&nbsp; $1905513174 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

------

**First Trust Long/Short Equity ETF (FTLS)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total** <br>**Value at** <br>**7/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks Sold Short\* | $(540836145)<br>| &nbsp;&nbsp; $(540836145)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| Futures Contracts | (1408571)<br>| &nbsp;&nbsp; (1408571)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total | $(542244716)<br>| &nbsp;&nbsp; $(542244716)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** First Trust Exchange-Traded Fund III

- **b. Investment Company Act file number:** 811-22245

- **c. CIK number of Registrant:** 0001424212

- **d. LEI of Registrant:** 5493003Z20QMESC6XS29

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

  - **Street Address 1:** 120 East Liberty Drive, Suite 400

  - **City:** Wheaton

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60187

  - **Telephone number:** 630-765-8000

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

- **a. Name of Series:** First Trust Long/Short Equity ETF

- **b. EDGAR series identifier (if any):** S000045700

- **c. LEI of Series:** 549300751U9S8UPOSL94

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $2517817326.84

**Total Liabilities:** $587453854.67

**Net Assets:** $1930363472.17

**Cash Not Reported:** $612112356.12

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000142474 | 2.86%                | 1.53%                | 0.71%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10607717.86             | $46087615.56                               |
| Month 2  | $-16045367.95            | $45429132.12                               |
| Month 3  | $-1092557.84             | $14152910.54                               |

**Designated Index Information**

- **Index Name:** S&P 500

- **Index Identifier:** SPX US

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| T-Mobile US Inc                    | T-Mobile US Inc                           | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    168694 | NS      | $40218336.54  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc           | Ameriprise Financial Inc                  | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     19500 | NS      | $10104705.00  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                         | Korn Ferry                                | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     16143 | NS      | $1144054.41   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mohawk Industries Inc              | Mohawk Industries Inc                     | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Short            | EC               | CORP              | US        |    -29006 | NS      | $-3321477.06  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Winmark Corp                       | Winmark Corp                              | CUSIP: 974250102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       845 | NS      | $318919.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Interparfums Inc                   | Interparfums Inc                          | CUSIP: 458334109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -9566 | NS      | $-1153659.60  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc              | Republic Services Inc                     | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     45811 | NS      | $10566307.15  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                | JPMorgan Chase & Co                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     25428 | NS      | $7532790.72   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc     | Air Products and Chemicals Inc            | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Short            | EC               | CORP              | US        |    -45651 | NS      | $-13142009.88 | -0.68%            |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                        | Enovis Corp                               | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Short            | EC               | CORP              | US        |    -37184 | NS      | $-996531.20   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Perdoceo Education Corp            | Perdoceo Education Corp                   | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |     19139 | NS      | $550820.42    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                         | NetApp Inc                                | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     83729 | NS      | $8718700.77   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| USA Compression Partners LP        | USA Compression Partners LP               | CUSIP: 90290N109<br>LEI: 5493000B1PEOKXRZEO65 | Long             | EC               | CORP              | US        |     10858 | NS      | $258963.30    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                 | Conagra Brands Inc                        | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |    266460 | NS      | $4865559.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                           | LKQ Corp                                  | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Short            | EC               | CORP              | US        |    -94341 | NS      | $-2780229.27  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| DoubleVerify Holdings Inc          | DoubleVerify Holdings Inc                 | CUSIP: 25862V105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -102866 | NS      | $-1575907.12  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Warner Music Group Corp            | Warner Music Group Corp                   | CUSIP: 934550203<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -80393 | NS      | $-2352299.18  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                        | Corteva Inc                               | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Short            | EC               | CORP              | US        |   -103663 | NS      | $-7477212.19  | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Excelerate Energy Inc              | Excelerate Energy Inc                     | CUSIP: 30069T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15832 | NS      | $406249.12    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                 | Voya Financial Inc                        | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Short            | EC               | CORP              | US        |    -34860 | NS      | $-2440200.00  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp              | Antero Resources Corp                     | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |    181228 | NS      | $6330294.04   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin Inc            | Alexander & Baldwin Inc                   | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19397 | NS      | $348758.06    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                 | Royalty Pharma PLC                        | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | US        |    167040 | NS      | $6147072.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Secure Inc                   | Clear Secure Inc                          | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90976 | NS      | $2675604.16   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corp          | California Resources Corp                 | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |     38342 | NS      | $1847317.56   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc                 | CareTrust REIT Inc                        | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     63836 | NS      | $2029984.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                      | Boeing Co/The                             | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Short            | EC               | CORP              | US        |    -30530 | NS      | $-6772775.20  | -0.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors Inc                  | Clean Harbors Inc                         | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Short            | EC               | CORP              | US        |    -12041 | NS      | $-2839388.21  | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Hafnia Ltd                         | Hafnia Ltd                                | CUSIP: 000000000<br>LEI: 5493001KCFT0SCGJ2647 | Long             | EC               | CORP              | SG        |     77506 | NS      | $426283.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc          | L3Harris Technologies Inc                 | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Short            | EC               | CORP              | US        |    -43480 | NS      | $-11949173.60 | -0.62%            |  |  |  | No            |                  1 | On Loan: No      |
| GFL Environmental Inc              | GFL Environmental Inc                     | CUSIP: 36168Q104<br>LEI: 549300FYK4MBXWIVZU26 | Short            | EC               | CORP              | CA        |    -64616 | NS      | $-3252769.44  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                         | Qualys Inc                                | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |     11441 | NS      | $1522453.87   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dillard's Inc                      | Dillard's Inc                             | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |      5220 | NS      | $2437374.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                         | HEICO Corp                                | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |     19088 | NS      | $6237958.40   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Six Flags Entertainment Corp       | Six Flags Entertainment Corp              | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Short            | EC               | CORP              | US        |    -68339 | NS      | $-2047436.44  | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| nCino Inc                          | nCino Inc                                 | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Short            | EC               | CORP              | US        |    -68519 | NS      | $-1913393.08  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc                | Dorman Products Inc                       | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |      9137 | NS      | $1102104.94   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                | Texas Roadhouse Inc                       | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |     42790 | NS      | $7921712.70   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The               | Progressive Corp/The                      | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    116209 | NS      | $28127226.36  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc             | Tyler Technologies Inc                    | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Short            | EC               | CORP              | US        |    -10374 | NS      | $-6064225.44  | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                    | WW Grainger Inc                           | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      9662 | NS      | $10044035.48  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Inc                   | Viper Energy Inc                          | CUSIP: 927959106<br>LEI: 5299009LINL232255G03 | Short            | EC               | CORP              | US        |    -53272 | NS      | $-2006223.52  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Innoviva Inc                       | Innoviva Inc                              | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |     29094 | NS      | $528637.98    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp                | Addus HomeCare Corp                       | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |      7753 | NS      | $827865.34    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Acushnet Holdings Corp             | Acushnet Holdings Corp                    | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Short            | EC               | CORP              | US        |    -12770 | NS      | $-1016747.40  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Supernus Pharmaceuticals Inc       | Supernus Pharmaceuticals Inc              | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |     23103 | NS      | $810915.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica Inc                      | Primerica Inc                             | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      6757 | NS      | $1794861.91   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Legalzoom.com Inc                  | Legalzoom.com Inc                         | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |     80382 | NS      | $722634.18    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                        | Moelis & Co                               | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     41400 | NS      | $2903796.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                         | ResMed Inc                                | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |     35596 | NS      | $9679976.24   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc         | Sprouts Farmers Market Inc                | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |     61052 | NS      | $9251820.08   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                  | State Street Corp                         | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Short            | EC               | CORP              | US        |    -69809 | NS      | $-7801155.75  | -0.40%            |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corp                        | Masimo Corp                               | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Short            | EC               | CORP              | US        |    -24107 | NS      | $-3707415.53  | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Balchem Corp                       | Balchem Corp                              | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |      6666 | NS      | $1016365.02   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                     | Microsoft Corp                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    199947 | NS      | $106671724.50 | 5.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Stantec Inc                        | Stantec Inc                               | CUSIP: 85472N109<br>LEI: 549300MZ7NGUZDCP2T16 | Long             | EC               | CORP              | CA        |      5400 | NS      | $590544.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX Corp                          | IMAX Corp                                 | CUSIP: 45245E109<br>LEI: 5493002KS2T1Q0X7VZ21 | Short            | EC               | CORP              | CA        |    -32281 | NS      | $-832526.99   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Green Brick Partners Inc           | Green Brick Partners Inc                  | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |     11919 | NS      | $738262.86    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                       | Alphabet Inc                              | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    120491 | NS      | $23237894.26  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                     | Eaton Corp PLC                            | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Short            | EC               | CORP              | IE        |    -38719 | NS      | $-14895973.68 | -0.77%            |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                     | ICICI Bank Ltd                            | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Short            | EC               | CORP              | IN        |    -38041 | NS      | $-1281981.70  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp                   | Knife River Corp                          | CUSIP: 498894104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -16058 | NS      | $-1324463.84  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                      | Citigroup Inc                             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    594731 | NS      | $55726294.70  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp             | Paylocity Holding Corp                    | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |     14715 | NS      | $2720509.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc         | Zimmer Biomet Holdings Inc                | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Short            | EC               | CORP              | US        |     -8782 | NS      | $-804870.30   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis Inc                       | Exelixis Inc                              | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |     83182 | NS      | $3012852.04   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares Inc         | ServisFirst Bancshares Inc                | CUSIP: 81768T108<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -8497 | NS      | $-668289.05   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Atour Lifestyle Holdings Ltd       | Atour Lifestyle Holdings Ltd              | CUSIP: 04965M106<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     44947 | NS      | $1520107.54   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                         | Intel Corp                                | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Short            | EC               | CORP              | US        |   -617859 | NS      | $-12233608.20 | -0.63%            |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                              | 3M Co                                     | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Short            | EC               | CORP              | US        |    -53614 | NS      | $-8000281.08  | -0.41%            |  |  |  | No            |                  1 | On Loan: No      |
| Coupang Inc                        | Coupang Inc                               | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Short            | EC               | CORP              | US        |   -238096 | NS      | $-7007165.28  | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                           | KLA Corp                                  | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     39082 | NS      | $34354250.46  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Klaviyo Inc                        | Klaviyo Inc                               | CUSIP: 49845K101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -68207 | NS      | $-2121237.70  | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| RXO Inc                            | RXO Inc                                   | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Short            | EC               | CORP              | US        |    -61863 | NS      | $-955783.35   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Fiverr International Ltd           | Fiverr International Ltd                  | CUSIP: 000000000<br>LEI: 549300Z8OREY6THCPF67 | Long             | EC               | CORP              | IL        |     20062 | NS      | $442968.96    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Flagstar Financial Inc             | Flagstar Financial Inc                    | CUSIP: 649445400<br>LEI: 529900HVXOTLY61GL030 | Short            | EC               | CORP              | US        |   -203276 | NS      | $-2294986.04  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co                | Eastman Chemical Co                       | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Short            | EC               | CORP              | US        |    -47261 | NS      | $-3431621.21  | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Genius Sports Ltd                  | Genius Sports Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Short            | EC               | CORP              | GB        |   -119623 | NS      | $-1345758.75  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc                | Eagle Materials Inc                       | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |     14923 | NS      | $3347079.67   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting Inc                 | FTI Consulting Inc                        | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Short            | EC               | CORP              | US        |    -14180 | NS      | $-2358843.00  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block Inc                      | H&R Block Inc                             | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     63180 | NS      | $3433201.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                      | Kroger Co/The                             | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Short            | EC               | CORP              | US        |   -180621 | NS      | $-12661532.10 | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System Inc                   | Ryder System Inc                          | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Short            | EC               | CORP              | US        |    -13716 | NS      | $-2437470.36  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp           | United Therapeutics Corp                  | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |     18878 | NS      | $5185786.60   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Natural Resources Inc         | Core Natural Resources Inc                | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Short            | EC               | CORP              | US        |    -35188 | NS      | $-2597226.28  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                 | Meta Platforms Inc                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     61623 | NS      | $47661693.12  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T     | Bank of New York Mellon Corp/The          | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Short            | EC               | CORP              | US        |     -6965 | NS      | $-706599.25   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group Inc/Th     | Descartes Systems Group Inc/The           | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |     10163 | NS      | $1074838.88   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimbell Royalty Partners LP        | Kimbell Royalty Partners LP               | CUSIP: 49435R102<br>LEI: 5493007FC11POVYRB841 | Long             | EC               | CORP              | US        |     33834 | NS      | $503111.58    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                     | API Group Corp                            | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |     85388 | NS      | $3079945.16   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                | VICI Properties Inc                       | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |    282842 | NS      | $9220649.20   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc       | Thermo Fisher Scientific Inc              | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Short            | EC               | CORP              | US        |    -31609 | NS      | $-14782897.12 | -0.77%            |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                     | Eli Lilly & Co                            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      7432 | NS      | $5500200.24   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc                 | Planet Fitness Inc                        | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |     54536 | NS      | $5954785.84   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc/MO         | Commerce Bancshares Inc/MO                | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22079 | NS      | $1351234.80   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp              | Monster Beverage Corp                     | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |    200134 | NS      | $11757872.50  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corp                | Bank of Hawaii Corp                       | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |     17909 | NS      | $1108208.92   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp            | Magnolia Oil & Gas Corp                   | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18928 | NS      | $450864.96    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software      | Take-Two Interactive Software Inc         | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Short            | EC               | CORP              | US        |    -55134 | NS      | $-12279995.82 | -0.64%            |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corp             | Liberty Broadband Corp                    | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Short            | EC               | CORP              | US        |    -24436 | NS      | $-1498415.52  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                        | Walmart Inc                               | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     39068 | NS      | $3827882.64   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                        | PepsiCo Inc                               | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Short            | EC               | CORP              | US        |    -96263 | NS      | $-13276592.96 | -0.69%            |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp                       | Glaukos Corp                              | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Short            | EC               | CORP              | US        |    -39224 | NS      | $-3376794.16  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                    | TJX Cos Inc/The                           | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    201363 | NS      | $25075734.39  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Pembina Pipeline Corp              | Pembina Pipeline Corp                     | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |     47078 | NS      | $1750830.82   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Proto Labs Inc                     | Proto Labs Inc                            | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |      7946 | NS      | $342631.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                           | Visa Inc                                  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     15615 | NS      | $5394514.05   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp                     | Blue Bird Corp                            | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |     17326 | NS      | $776031.54    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc            | Zoom Communications Inc                   | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     85782 | NS      | $6352157.10   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Confluent Inc                      | Confluent Inc                             | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Short            | EC               | CORP              | US        |   -266393 | NS      | $-4721815.93  | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Cooper Cos Inc/The                 | Cooper Cos Inc/The                        | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Short            | EC               | CORP              | US        |    -73421 | NS      | $-5190130.49  | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Gr     | Skyward Specialty Insurance Group Inc     | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |     13842 | NS      | $700128.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hormel Foods Corp                  | Hormel Foods Corp                         | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |    112623 | NS      | $3163580.07   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks Inc/GA      | United Community Banks Inc/GA             | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |     29621 | NS      | $903440.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                     | Starbucks Corp                            | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Short            | EC               | CORP              | US        |   -134349 | NS      | $-11978556.84 | -0.62%            |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                       | Innospec Inc                              | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |      9685 | NS      | $773831.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                   | Crown Castle Inc                          | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Short            | EC               | CORP              | US        |     -6224 | NS      | $-654080.16   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| IPG Photonics Corp                 | IPG Photonics Corp                        | CUSIP: 44980X109<br>LEI: 5493002KZ51CADQ94G15 | Short            | EC               | CORP              | US        |    -12567 | NS      | $-941142.63   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| GCI Liberty Inc                    | GCI Liberty Inc                           | CUSIP: 36164V800<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -4887 | NS      | $-162492.75   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                   | Altria Group Inc                          | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    364519 | NS      | $22578306.86  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                       | Alphabet Inc                              | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    148507 | NS      | $28498493.30  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanesbrands Inc                    | Hanesbrands Inc                           | CUSIP: 410345102<br>LEI: GX5LWVWZLL5S4W1L2F20 | Short            | EC               | CORP              | US        |   -315908 | NS      | $-1292063.72  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                    | Ulta Beauty Inc                           | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |     33595 | NS      | $17301760.95  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp          | Albany International Corp                 | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Short            | EC               | CORP              | US        |     -9495 | NS      | $-514534.05   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc        | Inspire Medical Systems Inc               | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Short            | EC               | CORP              | US        |    -19053 | NS      | $-2372860.62  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Catalyst Pharmaceuticals Inc       | Catalyst Pharmaceuticals Inc              | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |     44001 | NS      | $938541.33    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                           | AAON Inc                                  | CUSIP: 000360206<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -27465 | NS      | $-2293327.50  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                          | Sanofi SA                                 | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Short            | EC               | CORP              | FR        |    -98784 | NS      | $-4508501.76  | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.   | S&P500 EMINI                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |      -150 | NC      | $-1408570.82  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                         | Azenta Inc                                | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Short            | EC               | CORP              | US        |    -31997 | NS      | $-1046301.90  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes PLC                       | Alkermes PLC                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     73406 | NS      | $1944524.94   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Aris Water Solutions Inc           | Aris Water Solutions Inc                  | CUSIP: 04041L106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -34648 | NS      | $-736962.96   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc               | Medpace Holdings Inc                      | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |     19176 | NS      | $8191987.20   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Birkenstock Holding Plc            | Birkenstock Holding Plc                   | CUSIP: 000000000<br>LEI: 529900CQ8LQKQ7LIT631 | Short            | EC               | CORP              | GB        |    -54785 | NS      | $-2744180.65  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                      | Rio Tinto PLC                             | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |    113125 | NS      | $6761481.25   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holding     | Ollie's Bargain Outlet Holdings Inc       | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |     44963 | NS      | $6143294.69   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                       | Docusign Inc                              | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |     80619 | NS      | $6098021.16   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains All American Pipeline L     | Plains All American Pipeline LP           | CUSIP: 726503105<br>LEI: 5521FA2ITF25TVH63740 | Long             | EC               | CORP              | US        |    151367 | NS      | $2762447.75   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Fields Ltd                    | Gold Fields Ltd                           | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |    138287 | NS      | $3368671.32   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co               | Colgate-Palmolive Co                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |    199063 | NS      | $16691432.55  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MakeMyTrip Ltd                     | MakeMyTrip Ltd                            | CUSIP: 000000000<br>LEI: 529900DNT8HNJ7RYUO60 | Short            | EC               | CORP              | IN        |    -27496 | NS      | $-2573350.64  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                | Cardinal Health Inc                       | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     84699 | NS      | $13146978.78  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis Inc                     | Ziff Davis Inc                            | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Short            | EC               | CORP              | US        |    -24129 | NS      | $-750894.48   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Embraer SA                         | Embraer SA                                | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Short            | EC               | CORP              | BR        |    -53922 | NS      | $-3104828.76  | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                   | Wells Fargo & Co                          | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Short            | EC               | CORP              | US        |   -112540 | NS      | $-9074100.20  | -0.47%            |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                         | Twilio Inc                                | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Short            | EC               | CORP              | US        |    -31121 | NS      | $-4014609.00  | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                           | Bank OZK                                  | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |     48823 | NS      | $2406973.90   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| World Kinect Corp                  | World Kinect Corp                         | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |     32714 | NS      | $892110.78    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc           | Procore Technologies Inc                  | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Short            | EC               | CORP              | US        |    -48556 | NS      | $-3478066.28  | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Sandstorm Gold Ltd                 | Sandstorm Gold Ltd                        | CUSIP: 80013R206<br>LEI: 549300QWJPV45VQF1B33 | Long             | EC               | CORP              | CA        |    166255 | NS      | $1556146.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastly Inc                         | Fastly Inc                                | CUSIP: 31188V100<br>LEI: 549300E2FZC83FJ3H565 | Short            | EC               | CORP              | US        |   -102232 | NS      | $-694155.28   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hills Bancorp Inc        | Berkshire Hills Bancorp Inc               | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |     20841 | NS      | $513522.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                 | Crown Holdings Inc                        | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |     44498 | NS      | $4421321.28   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CompoSecure Inc                    | CompoSecure Inc                           | CUSIP: 20459V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34656 | NS      | $492461.76    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                        | Snap-on Inc                               | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |     15924 | NS      | $5114629.56   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp           | Western Alliance Bancorp                  | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Short            | EC               | CORP              | US        |    -31999 | NS      | $-2481842.44  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Bentley Systems Inc                | Bentley Systems Inc                       | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |     49222 | NS      | $2853891.56   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Newell Brands Inc                  | Newell Brands Inc                         | CUSIP: 651229106<br>LEI: 549300LWGYFM1TVO1Z12 | Short            | EC               | CORP              | US        |   -350588 | NS      | $-1966798.68  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp                  | Ralph Lauren Corp                         | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |     31762 | NS      | $9488897.50   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock PLC               | Smurfit WestRock PLC                      | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Short            | EC               | CORP              | IE        |   -127557 | NS      | $-5660979.66  | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Cadre Holdings Inc                 | Cadre Holdings Inc                        | CUSIP: 12763L105<br>LEI: 2549006IKQEWJ8M7CB97 | Long             | EC               | CORP              | US        |     10149 | NS      | $335627.43    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The               | Williams Cos Inc/The                      | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Short            | EC               | CORP              | US        |    -61319 | NS      | $-3676074.05  | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                       | WP Carey Inc                              | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |     49137 | NS      | $3152629.92   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                        | Netflix Inc                               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      3711 | NS      | $4302533.40   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties In     | Equity LifeStyle Properties Inc           | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |     57977 | NS      | $3473981.84   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                    | Core & Main Inc                           | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67593 | NS      | $4301618.52   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                | Carrier Global Corp                       | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |    183927 | NS      | $12621070.74  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Open Text Corp                     | Open Text Corp                            | CUSIP: 683715106<br>LEI: 549300HP7ONDQODZJV16 | Long             | EC               | CORP              | CA        |     45282 | NS      | $1332649.26   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co                 | Crescent Energy Co                        | CUSIP: 44952J104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -167904 | NS      | $-1551432.96  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                     | Mastercard Inc                            | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     54440 | NS      | $30838626.80  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| The Campbell's Company             | The Campbell's Company                    | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |    141086 | NS      | $4503465.12   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp             | Webster Financial Corp                    | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Short            | EC               | CORP              | US        |    -44869 | NS      | $-2586697.85  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Frontline PLC                      | Frontline PLC                             | CUSIP: 000000000<br>LEI: 5493004BCIKYU1YL3H63 | Long             | EC               | CORP              | NO        |     96819 | NS      | $1783405.98   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Alarm.com Holdings Inc             | Alarm.com Holdings Inc                    | CUSIP: 011642105<br>LEI: 549300HIH92U1EKIHZ32 | Short            | EC               | CORP              | US        |    -13138 | NS      | $-717728.94   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Universal Corp/VA                  | Universal Corp/VA                         | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |      6079 | NS      | $331123.13    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                   | Coca-Cola Co/The                          | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Short            | EC               | CORP              | US        |   -173196 | NS      | $-11758276.44 | -0.61%            |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                         | Deere & Co                                | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Short            | EC               | CORP              | US        |    -24321 | NS      | $-12753202.77 | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Financial Corp/WA         | Heritage Financial Corp/WA                | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10546 | NS      | $237706.84    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                         | US Bancorp                                | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    412742 | NS      | $18556880.32  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Stone Minerals LP            | Black Stone Minerals LP                   | CUSIP: 09225M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16923 | NS      | $212045.19    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions Inc                | Viavi Solutions Inc                       | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Short            | EC               | CORP              | US        |    -89496 | NS      | $-899434.80   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical Inc       | Collegium Pharmaceutical Inc              | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |     14212 | NS      | $424370.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Insurance Group Ltd       | Hamilton Insurance Group Ltd              | CUSIP: 000000000<br>LEI: 549300W92BN1FIEXG871 | Long             | EC               | CORP              | BM        |     20086 | NS      | $431648.14    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc             | Digi International Inc                    | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |      6940 | NS      | $226313.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management | Dreyfus Government Cash Management        | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   5119650 | NS      | $5119650.15   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS Inc                   | Leonardo DRS Inc                          | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Short            | EC               | CORP              | US        |    -28428 | NS      | $-1182604.80  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Frontdoor Inc                      | Frontdoor Inc                             | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |     27711 | NS      | $1621093.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| QuidelOrtho Corp                   | QuidelOrtho Corp                          | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Short            | EC               | CORP              | US        |    -49721 | NS      | $-1144577.42  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies Inc            | Akamai Technologies Inc                   | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Short            | EC               | CORP              | US        |    -97788 | NS      | $-7462202.28  | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc                   | PDD Holdings Inc                          | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | IE        |    364027 | NS      | $41298863.15  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsara Inc                        | Samsara Inc                               | CUSIP: 79589L106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -139380 | NS      | $-5300621.40  | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp                        | Rogers Corp                               | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Short            | EC               | CORP              | US        |    -10433 | NS      | $-684196.14   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Solventum Corp                     | Solventum Corp                            | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Short            | EC               | CORP              | US        |    -13185 | NS      | $-940881.60   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust In     | Four Corners Property Trust Inc           | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |     33256 | NS      | $839381.44    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox Inc                        | Dropbox Inc                               | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |    156405 | NS      | $4249523.85   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co Ltd      | ASE Technology Holding Co Ltd             | CUSIP: 00215W100<br>LEI: 300300GO8QHPMV87NZ73 | Short            | EC               | CORP              | TW        |   -391367 | NS      | $-3717986.50  | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                      | McKesson Corp                             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     35545 | NS      | $24651879.30  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                        | Rollins Inc                               | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     73407 | NS      | $4204018.89   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                       | Broadcom Inc                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    128436 | NS      | $37721653.20  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc          | Halozyme Therapeutics Inc                 | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     70822 | NS      | $4247195.34   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vericel Corp                       | Vericel Corp                              | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Short            | EC               | CORP              | US        |    -18206 | NS      | $-636117.64   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| LTC Properties Inc                 | LTC Properties Inc                        | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |     12651 | NS      | $430640.04    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Inc                         | Vertex Inc                                | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Short            | EC               | CORP              | US        |    -48331 | NS      | $-1603139.27  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Hess Midstream LP                  | Hess Midstream LP                         | CUSIP: 428103105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45451 | NS      | $1978482.03   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc               | Chart Industries Inc                      | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Short            | EC               | CORP              | US        |    -24376 | NS      | $-4846680.08  | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods Inc                | Cal-Maine Foods Inc                       | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |     40543 | NS      | $4505949.02   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Brady Corp                         | Brady Corp                                | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |      9522 | NS      | $671967.54    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                       | Fortinet Inc                              | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |    184263 | NS      | $18407873.70  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                       | Centene Corp                              | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |    190005 | NS      | $4953430.35   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SharkNinja Inc                     | SharkNinja Inc                            | CUSIP: 000000000<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -6554 | NS      | $-760919.40   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris SA                         | Tenaris SA                                | CUSIP: 88031M109<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |     71114 | NS      | $2484723.16   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems Inc      | Advanced Drainage Systems Inc             | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     22376 | NS      | $2567646.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd            | G-III Apparel Group Ltd                   | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |     21339 | NS      | $503600.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corp                          | GATX Corp                                 | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Short            | EC               | CORP              | US        |     -6017 | NS      | $-918735.73   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                          | Graco Inc                                 | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     32643 | NS      | $2741359.14   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings      | Allison Transmission Holdings Inc         | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     30254 | NS      | $2724977.78   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                         | Airbnb Inc                                | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |    230160 | NS      | $30475485.60  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev SA/NV         | Anheuser-Busch InBev SA/NV                | CUSIP: 03524A108<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |     80824 | NS      | $4661120.08   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Bowhead Specialty Holdings Inc     | Bowhead Specialty Holdings Inc            | CUSIP: 10240L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11037 | NS      | $358702.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Therapeutics Inc               | PTC Therapeutics Inc                      | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |     43470 | NS      | $2265221.70   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                    | CVS Health Corp                           | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    429328 | NS      | $26661268.80  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                             | BP PLC                                    | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Short            | EC               | CORP              | GB        |   -428534 | NS      | $-13777368.10 | -0.71%            |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                       | Dayforce Inc                              | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Short            | EC               | CORP              | US        |    -68087 | NS      | $-3926577.29  | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp                          | Ball Corp                                 | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Short            | EC               | CORP              | US        |    -87603 | NS      | $-5016147.78  | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                  | Chord Energy Corp                         | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     39887 | NS      | $4400732.71   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp              | Costco Wholesale Corp                     | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      3947 | NS      | $3708759.08   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SentinelOne Inc                    | SentinelOne Inc                           | CUSIP: 81730H109<br>LEI: 984500DCD44DBF954221 | Short            | EC               | CORP              | US        |   -169088 | NS      | $-3101073.92  | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Schneider National Inc             | Schneider National Inc                    | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Short            | EC               | CORP              | US        |    -29312 | NS      | $-716678.40   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                          | Adobe Inc                                 | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |    110123 | NS      | $39389895.87  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sphere Entertainment Co            | Sphere Entertainment Co                   | CUSIP: 55826T102<br>LEI: 254900ZW4JWKYRZZ9A91 | Short            | EC               | CORP              | US        |    -23377 | NS      | $-1006379.85  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| OR Royalties Inc                   | OR Royalties Inc                          | CUSIP: 68390D106<br>LEI: 549300TJZTXZMPQ6K004 | Long             | EC               | CORP              | CA        |     29423 | NS      | $815311.33    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc            | Extra Space Storage Inc                   | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45245 | NS      | $6079118.20   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Alight Inc                         | Alight Inc                                | CUSIP: 01626W101<br>LEI: 549300600ESCO1HTVN74 | Short            | EC               | CORP              | US        |   -333293 | NS      | $-1786450.48  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                          | Linde PLC                                 | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Short            | EC               | CORP              | US        |    -27132 | NS      | $-12487774.32 | -0.65%            |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc           | Crowdstrike Holdings Inc                  | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Short            | EC               | CORP              | US        |    -27223 | NS      | $-12374759.11 | -0.64%            |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp        | National Bank Holdings Corp               | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10324 | NS      | $382607.44    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                        | Trex Co Inc                               | CUSIP: 89531P105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -63077 | NS      | $-4052066.48  | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Hold     | CCC Intelligent Solutions Holdings Inc    | CUSIP: 12510Q100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -166730 | NS      | $-1612279.10  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                     | Amazon.com Inc                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    267822 | NS      | $62699808.42  | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Buckle Inc/The                     | Buckle Inc/The                            | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |     19770 | NS      | $976044.90    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Inc                      | Ingredion Inc                             | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Short            | EC               | CORP              | US        |    -19157 | NS      | $-2519911.78  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Allegion plc                       | Allegion plc                              | CUSIP: 000000000<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |     14370 | NS      | $2384270.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                              | AECOM                                     | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     35170 | NS      | $3965065.80   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                | Gilead Sciences Inc                       | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    360422 | NS      | $40471786.38  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                 | Expand Energy Corp                        | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |    157199 | NS      | $16471311.22  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc      | Automatic Data Processing Inc             | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     65530 | NS      | $20281535.00  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc           | Ferguson Enterprises Inc                  | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     69232 | NS      | $15461582.56  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc         | CF Industries Holdings Inc                | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     91093 | NS      | $8456163.19   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                            | AZZ Inc                                   | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |      9518 | NS      | $1042221.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                        | NVIDIA Corp                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    654075 | NS      | $116340320.25 | 6.03%             |  |  |  | No            |                  1 | On Loan: No      |
| H World Group Ltd                  | H World Group Ltd                         | CUSIP: 44332N106<br>LEI: 549300Y5ML31FVN83730 | Long             | EC               | CORP              | CN        |     78857 | NS      | $2461915.54   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc               | Tenable Holdings Inc                      | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Short            | EC               | CORP              | US        |    -46530 | NS      | $-1456854.30  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc                | Silgan Holdings Inc                       | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Short            | EC               | CORP              | US        |    -26221 | NS      | $-1220063.13  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| HCI Group Inc                      | HCI Group Inc                             | CUSIP: 40416E103<br>LEI: 549300CZF7EZJH0MPH74 | Long             | EC               | CORP              | US        |      4255 | NS      | $595870.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                          | Apple Inc                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    441495 | NS      | $91641117.15  | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group     | Mitsubishi UFJ Financial Group Inc        | CUSIP: 606822104<br>LEI: 353800V2V8PUY9TK3E06 | Short            | EC               | CORP              | JP        |   -279651 | NS      | $-3887148.90  | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Europacific Partners     | Coca-Cola Europacific Partners PLC        | CUSIP: 000000000<br>LEI: 549300LTH67W4GWMRF57 | Long             | EC               | CORP              | GB        |     11423 | NS      | $1107117.16   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTO Express Cayman Inc             | ZTO Express Cayman Inc                    | CUSIP: 98980A105<br>LEI: 549300SCJPK3YZJTJR78 | Short            | EC               | CORP              | CN        |    -69555 | NS      | $-1369537.95  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates Inc        | Jack Henry & Associates Inc               | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |     24303 | NS      | $4127013.95   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Inc                 | Domino's Pizza Inc                        | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |     24511 | NS      | $11353740.31  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology Inc              | Alkami Technology Inc                     | CUSIP: 01644J108<br>LEI: 254900FCNYU4HNEV9L47 | Short            | EC               | CORP              | US        |    -42408 | NS      | $-945274.32   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                          | Tesla Inc                                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     13161 | NS      | $4057141.47   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| GMS Inc                            | GMS Inc                                   | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |     15963 | NS      | $1750183.32   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Golar LNG Ltd                      | Golar LNG Ltd                             | CUSIP: 000000000<br>LEI: 213800C2VSFZG3EZLO34 | Short            | EC               | CORP              | BM        |    -63030 | NS      | $-2594314.80  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp                        | Hexcel Corp                               | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Short            | EC               | CORP              | US        |    -42559 | NS      | $-2549709.69  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                           | RLI Corp                                  | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |     16323 | NS      | $1077154.77   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp               | Range Resources Corp                      | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |     84997 | NS      | $3121089.84   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kiniksa Pharmaceuticals Intern     | Kiniksa Pharmaceuticals International Plc | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19460 | NS      | $588859.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                | Electronic Arts Inc                       | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |    125040 | NS      | $19067349.60  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc             | Berkshire Hathaway Inc                    | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     50505 | NS      | $23832299.40  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide Inc                  | ACI Worldwide Inc                         | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Short            | EC               | CORP              | US        |    -29324 | NS      | $-1248029.44  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc               | Booking Holdings Inc                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      8443 | NS      | $46470778.58  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands Internationa     | Restaurant Brands International Inc       | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Short            | EC               | CORP              | CA        |    -15128 | NS      | $-1026586.08  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                   | Exxon Mobil Corp                          | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     41794 | NS      | $4665882.16   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Progress Software Corp             | Progress Software Corp                    | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |     22870 | NS      | $1099589.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ARM Holdings PLC                   | ARM Holdings PLC                          | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Short            | EC               | CORP              | GB        |    -28883 | NS      | $-4083334.13  | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                     | EPR Properties                            | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |     27689 | NS      | $1524002.56   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc             | Equitable Holdings Inc                    | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Short            | EC               | CORP              | US        |    -98063 | NS      | $-5035535.05  | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp/IN            | Old National Bancorp/IN                   | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Short            | EC               | CORP              | US        |   -102146 | NS      | $-2156302.06  | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| First Hawaiian Inc                 | First Hawaiian Inc                        | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |     32945 | NS      | $798916.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd     | Canadian Natural Resources Ltd            | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    249376 | NS      | $7905219.20   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co              | Becton Dickinson & Co                     | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Short            | EC               | CORP              | US        |    -72749 | NS      | $-12967509.25 | -0.67%            |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares Inc       | Texas Capital Bancshares Inc              | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     18964 | NS      | $1592407.08   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions     | Broadridge Financial Solutions Inc        | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     20761 | NS      | $5138555.11   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus International Group Inc      | Janus International Group Inc             | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51347 | NS      | $440043.79    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc                        | NetEase Inc                               | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |     46678 | NS      | $6082143.40   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Telkom Indonesia Persero Tbk P     | Telkom Indonesia Persero Tbk PT           | CUSIP: 715684106<br>LEI: 529900M5SQZAOKV1PC81 | Long             | EC               | CORP              | ID        |     23237 | NS      | $408971.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc              | East West Bancorp Inc                     | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43795 | NS      | $4390448.75   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp Inc                           | Yelp Inc                                  | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |     29482 | NS      | $1015065.26   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp               | Deckers Outdoor Corp                      | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |    103293 | NS      | $10966617.81  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                | CSW Industrials Inc                       | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |      4280 | NS      | $1110574.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                          | Chewy Inc                                 | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |    173081 | NS      | $6352072.70   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN Inc                           | ASGN Inc                                  | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Short            | EC               | CORP              | US        |    -22051 | NS      | $-1105637.14  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                    | Schlumberger NV                           | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Short            | EC               | CORP              | US        |   -241073 | NS      | $-8148267.40  | -0.42%            |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                           | NIKE Inc                                  | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |    750463 | NS      | $56052081.47  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc          | Kinsale Capital Group Inc                 | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |      1722 | NS      | $758868.18    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic Inc                   | Cirrus Logic Inc                          | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |     23746 | NS      | $2391459.66   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Towne Bank/Portsmouth VA           | Towne Bank/Portsmouth VA                  | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |      9650 | NS      | $338039.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United Bankshares Inc/WV           | United Bankshares Inc/WV                  | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               | CORP              | US        |     31476 | NS      | $1118027.52   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FLEX LNG Ltd                       | FLEX LNG Ltd                              | CUSIP: 000000000<br>LEI: 21380084THHU3MPC3647 | Long             | EC               | CORP              | NO        |     16635 | NS      | $417039.45    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                | Cheniere Energy Inc                       | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     78508 | NS      | $18518467.04  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications Internati     | Science Applications International Corp   | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |     27696 | NS      | $3087550.08   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                     | CBRE Group Inc                            | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Short            | EC               | CORP              | US        |    -34983 | NS      | $-5448252.42  | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc              | Customers Bancorp Inc                     | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     10258 | NS      | $653947.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                        | Cintas Corp                               | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63661 | NS      | $14167755.55  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties            | COPT Defense Properties                   | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     38912 | NS      | $1061519.36   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                       | VeriSign Inc                              | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |     31275 | NS      | $8408909.25   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Alignment Healthcare Inc           | Alignment Healthcare Inc                  | CUSIP: 01625V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    130048 | NS      | $1792061.44   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                       | Synopsys Inc                              | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Short            | EC               | CORP              | US        |    -12391 | NS      | $-7849326.77  | -0.41%            |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems Inc     | Telephone and Data Systems Inc            | CUSIP: 879433829<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -18478 | NS      | $-721381.12   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Inc                         | Acuity Inc                                | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14301 | NS      | $4452616.35   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc                | STAG Industrial Inc                       | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     59349 | NS      | $2037451.17   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc             | CACI International Inc                    | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |     17173 | NS      | $7909368.61   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare I     | Prestige Consumer Healthcare Inc          | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13248 | NS      | $979689.60    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                         | TransUnion                                | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Short            | EC               | CORP              | US        |    -72084 | NS      | $-6861675.96  | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties      | Gaming and Leisure Properties Inc         | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |     57346 | NS      | $2613830.68   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| National Beverage Corp             | National Beverage Corp                    | CUSIP: 635017106<br>LEI: 549300O9MZIQJI8TGV17 | Long             | EC               | CORP              | US        |      7079 | NS      | $324359.78    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Landbridge Co LLC                  | Landbridge Co LLC                         | CUSIP: 514952100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17828 | NS      | $1010491.04   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings Inc             | Energizer Holdings Inc                    | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Short            | EC               | CORP              | US        |    -30005 | NS      | $-675712.60   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises Inc             | Werner Enterprises Inc                    | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Short            | EC               | CORP              | US        |    -36001 | NS      | $-997947.72   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Biosciences Holdings I     | Harmony Biosciences Holdings Inc          | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25907 | NS      | $911408.26    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corp       | Wheaton Precious Metals Corp              | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     65325 | NS      | $5977890.75   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I     | American International Group Inc          | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Short            | EC               | CORP              | US        |   -152031 | NS      | $-11802166.53 | -0.61%            |  |  |  | No            |                  1 | On Loan: No      |
| Laureate Education Inc             | Laureate Education Inc                    | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |     29954 | NS      | $676960.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ Inc                           | CBIZ Inc                                  | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Short            | EC               | CORP              | US        |    -14643 | NS      | $-894980.16   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| IDT Corp                           | IDT Corp                                  | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |      3515 | NS      | $207068.65    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AvePoint Inc                       | AvePoint Inc                              | CUSIP: 053604104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -41011 | NS      | $-782489.88   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Compass Minerals International     | Compass Minerals International Inc        | CUSIP: 20451N101<br>LEI: 2549008X9G8XP7YJGC47 | Long             | EC               | CORP              | US        |     16304 | NS      | $324938.72    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners L     | Enterprise Products Partners LP           | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    199512 | NS      | $6182876.88   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp                | Federal Signal Corp                       | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |     20876 | NS      | $2642275.32   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                   | RBC Bearings Inc                          | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5406 | NS      | $2093960.04   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCEPT BioRobotics Corp           | PROCEPT BioRobotics Corp                  | CUSIP: 74276L105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -34816 | NS      | $-1688924.16  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp                        | Bruker Corp                               | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Short            | EC               | CORP              | US        |    -24689 | NS      | $-948798.27   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc            | Lululemon Athletica Inc                   | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |     81040 | NS      | $16250951.20  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies Inc               | UFP Technologies Inc                      | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |      4109 | NS      | $930236.51    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International Inc           | Baxter International Inc                  | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Short            | EC               | CORP              | US        |   -175568 | NS      | $-3820359.68  | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| DigitalOcean Holdings Inc          | DigitalOcean Holdings Inc                 | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Short            | EC               | CORP              | US        |    -61541 | NS      | $-1714532.26  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education Inc       | Adtalem Global Education Inc              | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |     15702 | NS      | $1794267.54   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresh Del Monte Produce Inc        | Fresh Del Monte Produce Inc               | CUSIP: 000000000<br>LEI: 529900I72V9F0FEZR228 | Long             | EC               | CORP              | US        |     14404 | NS      | $541446.36    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp              | Antero Midstream Corp                     | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    127363 | NS      | $2337111.05   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Warrior Met Coal Inc               | Warrior Met Coal Inc                      | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Short            | EC               | CORP              | US        |    -37028 | NS      | $-1902498.64  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods Inc                  | Flowers Foods Inc                         | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |     84432 | NS      | $1338247.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Co       | Graphic Packaging Holding Co              | CUSIP: 388689101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -109881 | NS      | $-2456939.16  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                      | Repligen Corp                             | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Short            | EC               | CORP              | US        |    -32663 | NS      | $-3823857.41  | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Sitio Royalties Corp               | Sitio Royalties Corp                      | CUSIP: 82983N108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31457 | NS      | $571573.69    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                        | Cencora Inc                               | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     63082 | NS      | $18046498.56  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc         | Vertex Pharmaceuticals Inc                | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     66296 | NS      | $30288653.52  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp              | Northrop Grumman Corp                     | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Short            | EC               | CORP              | US        |    -26432 | NS      | $-15240955.52 | -0.79%            |  |  |  | No            |                  1 | On Loan: No      |
| BlackBerry Ltd                     | BlackBerry Ltd                            | CUSIP: 09228F103<br>LEI: 549300HJD8NEGT71RF07 | Short            | EC               | CORP              | CA        |  -1599183 | NS      | $-5900985.27  | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Cor     | Zurn Elkay Water Solutions Corp           | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     38609 | NS      | $1708448.25   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co             | International Paper Co                    | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Short            | EC               | CORP              | US        |   -217564 | NS      | $-10168941.36 | -0.53%            |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                 | Realty Income Corp                        | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |    223784 | NS      | $12560995.92  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc       | Watts Water Technologies Inc              | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |      6704 | NS      | $1758593.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                    | Ross Stores Inc                           | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |    113543 | NS      | $15503161.22  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Communications Holdings     | Cogent Communications Holdings Inc        | CUSIP: 19239V302<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -23703 | NS      | $-1080619.77  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-23

**Name of Applicant:** First Trust Exchange-Traded Fund III

**Signature:** Derek Maltbie

**Name of Signer:** Derek Maltbie

**Title:** Treasurer, Chief Financial Officer and Chief Accounting Officer