# EDGAR Filing Document

**Accession Number:** 0000891190
**File Stem:** 0001752724-25-182512
**Filing Date:** 2025-7
**Character Count:** 224610
**Document Hash:** e4e5c6f71abed738377e263a6fb6ca2b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-182512.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-182512

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20250831

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07043
- **FILM NUMBER:** 251161239

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

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

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

## Series and Classes Contracts Data

### Vanguard S&P Small-Cap 600 Value Index Fund (Series ID: S000030019)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000092048 | ETF Shares           | VIOV            |
| C000092049 | Institutional Shares | VSMVX           |

## Nport-Ex

Vanguard<sup>®</sup> S&P Small-Cap 600 Value Index Fund

Schedule of Investments (unaudited)

As of May 31, 2025

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| **Common Stocks (99.3%)** | **Common Stocks (99.3%)** | **Common Stocks (99.3%)** | **Common Stocks (99.3%)** |
| **Communication Services (3.1%)** | **Communication Services (3.1%)** | **Communication Services (3.1%)** | **Communication Services (3.1%)** |
|  | Telephone & Data Systems Inc. | &nbsp;&nbsp;&nbsp;&nbsp;197979 | &nbsp;&nbsp;&nbsp;&nbsp;6803 |
|  | TEGNA Inc. | &nbsp;&nbsp;&nbsp;&nbsp;327132 | &nbsp;&nbsp;&nbsp;&nbsp;5470 |
| <sup>\*</sup> | IAC Inc. | &nbsp;&nbsp;&nbsp;&nbsp;143730 | &nbsp;&nbsp;&nbsp;&nbsp;5168 |
| <sup>\*</sup> | Lumen Technologies Inc. | &nbsp;&nbsp;1009998 | &nbsp;&nbsp;&nbsp;&nbsp;3959 |
| <sup>\*</sup> | Ziff Davis Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86763 | &nbsp;&nbsp;&nbsp;&nbsp;2815 |
| <sup>\*</sup> | Yelp Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60140 | &nbsp;&nbsp;&nbsp;&nbsp;2296 |
| <sup>\*</sup> | DoubleVerify Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;125564 | &nbsp;&nbsp;&nbsp;&nbsp;1725 |
| <sup>\*</sup> | Angi Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89493 | &nbsp;&nbsp;&nbsp;&nbsp;1401 |
|  | Cable One Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9352 | &nbsp;&nbsp;&nbsp;&nbsp;1368 |
|  | John Wiley & Sons Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34132 | &nbsp;&nbsp;&nbsp;&nbsp;1335 |
|  | Shenandoah Telecommunications Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93239 | &nbsp;&nbsp;&nbsp;&nbsp;1173 |
| <sup>\*</sup> | TripAdvisor Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73823 | &nbsp;&nbsp;&nbsp;&nbsp;1051 |
|  | Shutterstock Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;897 |
|  | Scholastic Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;867 |
| <sup>\*</sup> | Cars.com Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692 |
| <sup>\*</sup> | Gogo Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685 |
| <sup>\*</sup> | Thryv Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684 |
| <sup>\*</sup> | TechTarget Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246 |
|  |  |  | &nbsp;&nbsp;**38635** |
| **Consumer Discretionary (14.8%)** | **Consumer Discretionary (14.8%)** | **Consumer Discretionary (14.8%)** | **Consumer Discretionary (14.8%)** |
|  | BorgWarner Inc. | &nbsp;&nbsp;&nbsp;&nbsp;443933 | &nbsp;&nbsp;14690 |
|  | Meritage Homes Corp. | &nbsp;&nbsp;&nbsp;&nbsp;146895 | &nbsp;&nbsp;&nbsp;&nbsp;9344 |
| <sup>\*</sup> | Asbury Automotive Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39772 | &nbsp;&nbsp;&nbsp;&nbsp;9064 |
| <sup>\*</sup> | Etsy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;116454 | &nbsp;&nbsp;&nbsp;&nbsp;6446 |
|  | Advance Auto Parts Inc. | &nbsp;&nbsp;&nbsp;&nbsp;120463 | &nbsp;&nbsp;&nbsp;&nbsp;5774 |
|  | Academy Sports & Outdoors Inc. | &nbsp;&nbsp;&nbsp;&nbsp;140849 | &nbsp;&nbsp;&nbsp;&nbsp;5762 |
|  | Group 1 Automotive Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13447 | &nbsp;&nbsp;&nbsp;&nbsp;5700 |
|  | Signet Jewelers Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70270 | &nbsp;&nbsp;&nbsp;&nbsp;4678 |
|  | LCI Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51695 | &nbsp;&nbsp;&nbsp;&nbsp;4505 |
|  | Strategic Education Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49378 | &nbsp;&nbsp;&nbsp;&nbsp;4505 |
| <sup>\*</sup> | Penn Entertainment Inc. | &nbsp;&nbsp;&nbsp;&nbsp;303682 | &nbsp;&nbsp;&nbsp;&nbsp;4504 |
|  | Newell Brands Inc. | &nbsp;&nbsp;&nbsp;&nbsp;844171 | &nbsp;&nbsp;&nbsp;&nbsp;4474 |
| <sup>\*</sup> | Urban Outfitters Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62820 | &nbsp;&nbsp;&nbsp;&nbsp;4391 |
|  | Dana Inc. | &nbsp;&nbsp;&nbsp;&nbsp;261970 | &nbsp;&nbsp;&nbsp;&nbsp;4357 |
| <sup>\*</sup> | Foot Locker Inc. | &nbsp;&nbsp;&nbsp;&nbsp;167648 | &nbsp;&nbsp;&nbsp;&nbsp;3983 |
|  | American Eagle Outfitters Inc. | &nbsp;&nbsp;&nbsp;&nbsp;354907 | &nbsp;&nbsp;&nbsp;&nbsp;3890 |
|  | La-Z-Boy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84149 | &nbsp;&nbsp;&nbsp;&nbsp;3525 |
| <sup>\*</sup> | Victoria's Secret & Co. | &nbsp;&nbsp;&nbsp;&nbsp;159550 | &nbsp;&nbsp;&nbsp;&nbsp;3384 |
| <sup>\*</sup> | National Vision Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;159947 | &nbsp;&nbsp;&nbsp;&nbsp;3169 |
|  | Patrick Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35468 | &nbsp;&nbsp;&nbsp;&nbsp;3045 |
|  | Papa John's International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66300 | &nbsp;&nbsp;&nbsp;&nbsp;3000 |
|  | Century Communities Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55324 | &nbsp;&nbsp;&nbsp;&nbsp;2870 |
| <sup>\*</sup> | M/I Homes Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25958 | &nbsp;&nbsp;&nbsp;&nbsp;2767 |
| <sup>\*</sup> | Tri Pointe Homes Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93060 | &nbsp;&nbsp;&nbsp;&nbsp;2743 |
| <sup>\*</sup> | Adient plc | &nbsp;&nbsp;&nbsp;&nbsp;170331 | &nbsp;&nbsp;&nbsp;&nbsp;2655 |
|  | Cracker Barrel Old Country Store Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45185 | &nbsp;&nbsp;&nbsp;&nbsp;2595 |
| <sup>\*</sup> | Sonos Inc. | &nbsp;&nbsp;&nbsp;&nbsp;241760 | &nbsp;&nbsp;&nbsp;&nbsp;2485 |
|  | Leggett & Platt Inc. | &nbsp;&nbsp;&nbsp;&nbsp;273100 | &nbsp;&nbsp;&nbsp;&nbsp;2474 |
|  | Upbound Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;103756 | &nbsp;&nbsp;&nbsp;&nbsp;2380 |
|  | Carter's Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73170 | &nbsp;&nbsp;&nbsp;&nbsp;2295 |
| <sup>\*</sup> | G-III Apparel Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78399 | &nbsp;&nbsp;&nbsp;&nbsp;2277 |
| <sup>\*</sup> | Fox Factory Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84718 | &nbsp;&nbsp;&nbsp;&nbsp;2173 |
| <sup>\*</sup> | LGI Homes Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42046 | &nbsp;&nbsp;&nbsp;&nbsp;2107 |
|  | Sonic Automotive Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29683 | &nbsp;&nbsp;&nbsp;&nbsp;2076 |
| <sup>\*</sup> | BJ's Restaurants Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46381 | &nbsp;&nbsp;&nbsp;&nbsp;2069 |
|  | Perdoceo Education Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58922 | &nbsp;&nbsp;&nbsp;&nbsp;2006 |
|  | Winnebago Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57636 | &nbsp;&nbsp;&nbsp;&nbsp;1956 |
| <sup>1</sup> | Kohl's Corp. | &nbsp;&nbsp;&nbsp;&nbsp;225972 | &nbsp;&nbsp;&nbsp;&nbsp;1837 |
| <sup>\*</sup> | Topgolf Callaway Brands Corp. | &nbsp;&nbsp;&nbsp;&nbsp;287720 | &nbsp;&nbsp;&nbsp;&nbsp;1824 |
| <sup>\*</sup> | Sally Beauty Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;207130 | &nbsp;&nbsp;&nbsp;&nbsp;1804 |
|  | Cheesecake Factory Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32412 | &nbsp;&nbsp;&nbsp;&nbsp;1788 |
|  | Phinia Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40631 | &nbsp;&nbsp;&nbsp;&nbsp;1763 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| <sup>\*</sup> | Gentherm Inc. | &nbsp;&nbsp;&nbsp;&nbsp;63024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725 |
|  | Acushnet Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;24440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1668 |
| <sup>\*</sup> | Hanesbrands Inc. | &nbsp;&nbsp;336797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1667 |
|  | Oxford Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;29993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1610 |
|  | Matthews International Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;63197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1356 |
|  | Buckle Inc. | &nbsp;&nbsp;&nbsp;&nbsp;30388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1295 |
|  | Standard Motor Products Inc. | &nbsp;&nbsp;&nbsp;&nbsp;41761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1265 |
| <sup>\*</sup> | Helen of Troy Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;46400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1248 |
|  | Sturm Ruger & Co. Inc. | &nbsp;&nbsp;&nbsp;&nbsp;34116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1235 |
|  | Steven Madden Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;49850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1229 |
|  | Ethan Allen Interiors Inc. | &nbsp;&nbsp;&nbsp;&nbsp;45991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1202 |
|  | Golden Entertainment Inc. | &nbsp;&nbsp;&nbsp;&nbsp;41786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1192 |
|  | Bloomin' Brands Inc. | &nbsp;&nbsp;153363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1170 |
| <sup>\*</sup> | American Axle & Manufacturing Holdings Inc. | &nbsp;&nbsp;238977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1049 |
|  | Monro Inc. | &nbsp;&nbsp;&nbsp;&nbsp;60596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929 |
|  | Caleres Inc. | &nbsp;&nbsp;&nbsp;&nbsp;68334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919 |
|  | Wolverine World Wide Inc. | &nbsp;&nbsp;&nbsp;&nbsp;51849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;885 |
| <sup>\*</sup> | MarineMax Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862 |
|  | Jack in the Box Inc. | &nbsp;&nbsp;&nbsp;&nbsp;38350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;727 |
| <sup>\*</sup> | Mister Car Wash Inc. | &nbsp;&nbsp;100223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710 |
|  | Shoe Carnival Inc. | &nbsp;&nbsp;&nbsp;&nbsp;35746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687 |
|  | Guess? Inc. | &nbsp;&nbsp;&nbsp;&nbsp;55185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;578 |
|  |  |  | &nbsp;&nbsp;**184342** |
| **Consumer Staples (3.6%)** | **Consumer Staples (3.6%)** | **Consumer Staples (3.6%)** | **Consumer Staples (3.6%)** |
|  | PriceSmart Inc. | &nbsp;&nbsp;&nbsp;&nbsp;50356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5437 |
| <sup>\*</sup> | United Natural Foods Inc. | &nbsp;&nbsp;121557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3716 |
| <sup>\*</sup> | Simply Good Foods Co. | &nbsp;&nbsp;100750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3477 |
| <sup>\*</sup> | Central Garden & Pet Co. Class A | &nbsp;&nbsp;102649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3282 |
|  | Universal Corp. | &nbsp;&nbsp;&nbsp;&nbsp;50152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3279 |
|  | Edgewell Personal Care Co. | &nbsp;&nbsp;&nbsp;&nbsp;97848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2703 |
| <sup>\*</sup> | Grocery Outlet Holding Corp. | &nbsp;&nbsp;197206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2678 |
|  | WD-40 Co. | &nbsp;&nbsp;&nbsp;&nbsp;10727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2613 |
|  | Fresh Del Monte Produce Inc. | &nbsp;&nbsp;&nbsp;&nbsp;68089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2405 |
|  | Andersons Inc. | &nbsp;&nbsp;&nbsp;&nbsp;65253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2317 |
| <sup>\*</sup> | TreeHouse Foods Inc. | &nbsp;&nbsp;&nbsp;&nbsp;91769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2061 |
|  | Energizer Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;77286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 |
|  | J & J Snack Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp;14280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1645 |
|  | SpartanNash Co. | &nbsp;&nbsp;&nbsp;&nbsp;68878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1340 |
|  | John B Sanfilippo & Son Inc. | &nbsp;&nbsp;&nbsp;&nbsp;18372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1142 |
|  | National Beverage Corp. | &nbsp;&nbsp;&nbsp;&nbsp;22851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1034 |
|  | WK Kellogg Co. | &nbsp;&nbsp;&nbsp;&nbsp;50979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863 |
|  | MGP Ingredients Inc. | &nbsp;&nbsp;&nbsp;&nbsp;28424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836 |
|  | B&G Foods Inc. | &nbsp;&nbsp;160165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674 |
| <sup>\*</sup> | Central Garden & Pet Co. | &nbsp;&nbsp;&nbsp;&nbsp;18647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;672 |
| <sup>\*</sup> | USANA Health Sciences Inc. | &nbsp;&nbsp;&nbsp;&nbsp;22364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668 |
|  | Tootsie Roll Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;14755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**45168** |
| **Energy (3.8%)** | **Energy (3.8%)** | **Energy (3.8%)** | **Energy (3.8%)** |
|  | California Resources Corp. | &nbsp;&nbsp;144636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6389 |
|  | Patterson-UTI Energy Inc. | &nbsp;&nbsp;713980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3941 |
|  | Peabody Energy Corp. | &nbsp;&nbsp;246641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3246 |
|  | World Kinect Corp. | &nbsp;&nbsp;117822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3227 |
|  | Crescent Energy Co. Class A | &nbsp;&nbsp;371273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3115 |
|  | Magnolia Oil & Gas Corp. Class A | &nbsp;&nbsp;139634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3002 |
|  | SM Energy Co. | &nbsp;&nbsp;116151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2720 |
| <sup>\*</sup> | Par Pacific Holdings Inc. | &nbsp;&nbsp;113610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2453 |
| <sup>\*</sup> | Comstock Resources Inc. | &nbsp;&nbsp;&nbsp;&nbsp;90148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 |
| <sup>\*</sup> | Talos Energy Inc. | &nbsp;&nbsp;252193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2028 |
|  | Liberty Energy Inc. Class A | &nbsp;&nbsp;148004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1715 |
|  | CVR Energy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;69412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1624 |
|  | Dorian LPG Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;73925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1583 |
| <sup>\*</sup> | Bristow Group Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;49966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1462 |
| <sup>\*</sup> | REX American Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;31407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1324 |
|  | International Seaways Inc. | &nbsp;&nbsp;&nbsp;&nbsp;35230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1305 |
|  | Helmerich & Payne Inc. | &nbsp;&nbsp;&nbsp;&nbsp;84804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1293 |
| <sup>\*</sup> | Innovex International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;78728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1086 |
| <sup>\*</sup> | ProPetro Holding Corp. | &nbsp;&nbsp;160377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;866 |
| <sup>\*</sup> | Vital Energy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;54833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816 |
| <sup>\*</sup> | Helix Energy Solutions Group Inc. | &nbsp;&nbsp;124404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | Core Laboratories Inc. | &nbsp;&nbsp;&nbsp;&nbsp;49271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530 |
|  | RPC Inc. | &nbsp;&nbsp;&nbsp;&nbsp;80227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356 |
|  |  |  | &nbsp;&nbsp;**46951** |
| **Financials (23.3%)** | **Financials (23.3%)** | **Financials (23.3%)** | **Financials (23.3%)** |
| <sup>\*</sup> | Mr. Cooper Group Inc. | &nbsp;&nbsp;103122 | &nbsp;&nbsp;13357 |
|  | Jackson Financial Inc. Class A | &nbsp;&nbsp;149952 | &nbsp;&nbsp;12283 |
|  | Lincoln National Corp. | &nbsp;&nbsp;345849 | &nbsp;&nbsp;11461 |
|  | Atlantic Union Bankshares Corp. | &nbsp;&nbsp;264648 | &nbsp;&nbsp;&nbsp;&nbsp;7945 |
|  | United Community Banks Inc. | &nbsp;&nbsp;242390 | &nbsp;&nbsp;&nbsp;&nbsp;6966 |
|  | Blackstone Mortgage Trust Inc. Class A | &nbsp;&nbsp;348334 | &nbsp;&nbsp;&nbsp;&nbsp;6580 |
|  | Renasant Corp. | &nbsp;&nbsp;187080 | &nbsp;&nbsp;&nbsp;&nbsp;6557 |
| <sup>\*</sup> | Genworth Financial Inc. Class A | &nbsp;&nbsp;866981 | &nbsp;&nbsp;&nbsp;&nbsp;6112 |
|  | Radian Group Inc. | &nbsp;&nbsp;162030 | &nbsp;&nbsp;&nbsp;&nbsp;5533 |
|  | Independent Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;86296 | &nbsp;&nbsp;&nbsp;&nbsp;5307 |
|  | Bread Financial Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;99620 | &nbsp;&nbsp;&nbsp;&nbsp;5105 |
|  | Simmons First National Corp. Class A | &nbsp;&nbsp;255150 | &nbsp;&nbsp;&nbsp;&nbsp;4787 |
|  | WaFd Inc. | &nbsp;&nbsp;165494 | &nbsp;&nbsp;&nbsp;&nbsp;4703 |
|  | Walker & Dunlop Inc. | &nbsp;&nbsp;&nbsp;&nbsp;65129 | &nbsp;&nbsp;&nbsp;&nbsp;4461 |
|  | Seacoast Banking Corp. of Florida | &nbsp;&nbsp;172102 | &nbsp;&nbsp;&nbsp;&nbsp;4445 |
|  | Provident Financial Services Inc. | &nbsp;&nbsp;264819 | &nbsp;&nbsp;&nbsp;&nbsp;4422 |
|  | Trustmark Corp. | &nbsp;&nbsp;123783 | &nbsp;&nbsp;&nbsp;&nbsp;4266 |
|  | Ameris Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;68315 | &nbsp;&nbsp;&nbsp;&nbsp;4199 |
|  | Assured Guaranty Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;49531 | &nbsp;&nbsp;&nbsp;&nbsp;4188 |
|  | Pacific Premier Bancorp Inc. | &nbsp;&nbsp;195747 | &nbsp;&nbsp;&nbsp;&nbsp;4150 |
|  | Moelis & Co. Class A | &nbsp;&nbsp;&nbsp;&nbsp;70252 | &nbsp;&nbsp;&nbsp;&nbsp;4012 |
|  | Banc of California Inc. | &nbsp;&nbsp;279641 | &nbsp;&nbsp;&nbsp;&nbsp;3837 |
| <sup>\*</sup> | SiriusPoint Ltd. | &nbsp;&nbsp;187268 | &nbsp;&nbsp;&nbsp;&nbsp;3669 |
| <sup>1</sup> | Arbor Realty Trust Inc. | &nbsp;&nbsp;382696 | &nbsp;&nbsp;&nbsp;&nbsp;3666 |
|  | Horace Mann Educators Corp. | &nbsp;&nbsp;&nbsp;&nbsp;82691 | &nbsp;&nbsp;&nbsp;&nbsp;3591 |
|  | First Hawaiian Inc. | &nbsp;&nbsp;146376 | &nbsp;&nbsp;&nbsp;&nbsp;3495 |
|  | First Bancorp (XNGS) | &nbsp;&nbsp;&nbsp;&nbsp;83904 | &nbsp;&nbsp;&nbsp;&nbsp;3471 |
| <sup>\*</sup> | StoneX Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40890 | &nbsp;&nbsp;&nbsp;&nbsp;3462 |
|  | Stewart Information Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;56343 | &nbsp;&nbsp;&nbsp;&nbsp;3400 |
|  | WSFS Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;64272 | &nbsp;&nbsp;&nbsp;&nbsp;3399 |
|  | Fulton Financial Corp. | &nbsp;&nbsp;195811 | &nbsp;&nbsp;&nbsp;&nbsp;3378 |
|  | StepStone Group Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;57588 | &nbsp;&nbsp;&nbsp;&nbsp;3331 |
|  | Northwest Bancshares Inc. | &nbsp;&nbsp;258647 | &nbsp;&nbsp;&nbsp;&nbsp;3176 |
|  | BGC Group Inc. Class A | &nbsp;&nbsp;341829 | &nbsp;&nbsp;&nbsp;&nbsp;3172 |
|  | Cathay General Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;72314 | &nbsp;&nbsp;&nbsp;&nbsp;3099 |
| <sup>\*</sup> | Customers Bancorp Inc. | &nbsp;&nbsp;&nbsp;&nbsp;59196 | &nbsp;&nbsp;&nbsp;&nbsp;3017 |
|  | Artisan Partners Asset Management Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;73966 | &nbsp;&nbsp;&nbsp;&nbsp;2981 |
|  | CVB Financial Corp. | &nbsp;&nbsp;157208 | &nbsp;&nbsp;&nbsp;&nbsp;2948 |
|  | Bank of Hawaii Corp. | &nbsp;&nbsp;&nbsp;&nbsp;43565 | &nbsp;&nbsp;&nbsp;&nbsp;2897 |
|  | Hilltop Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;93424 | &nbsp;&nbsp;&nbsp;&nbsp;2786 |
|  | BankUnited Inc. | &nbsp;&nbsp;&nbsp;&nbsp;81918 | &nbsp;&nbsp;&nbsp;&nbsp;2784 |
|  | HA Sustainable Infrastructure Capital Inc. | &nbsp;&nbsp;111096 | &nbsp;&nbsp;&nbsp;&nbsp;2783 |
|  | Veritex Holdings Inc. | &nbsp;&nbsp;110702 | &nbsp;&nbsp;&nbsp;&nbsp;2679 |
|  | Stellar Bancorp Inc. | &nbsp;&nbsp;&nbsp;&nbsp;96508 | &nbsp;&nbsp;&nbsp;&nbsp;2598 |
|  | Hope Bancorp Inc. | &nbsp;&nbsp;256980 | &nbsp;&nbsp;&nbsp;&nbsp;2580 |
|  | First Bancorp | &nbsp;&nbsp;128889 | &nbsp;&nbsp;&nbsp;&nbsp;2575 |
|  | Apollo Commercial Real Estate Finance Inc. | &nbsp;&nbsp;259339 | &nbsp;&nbsp;&nbsp;&nbsp;2549 |
| <sup>1</sup> | ARMOUR Residential REIT Inc. | &nbsp;&nbsp;155087 | &nbsp;&nbsp;&nbsp;&nbsp;2514 |
|  | NBT Bancorp Inc. | &nbsp;&nbsp;&nbsp;&nbsp;59386 | &nbsp;&nbsp;&nbsp;&nbsp;2485 |
|  | First Financial Bancorp | &nbsp;&nbsp;102681 | &nbsp;&nbsp;&nbsp;&nbsp;2481 |
|  | Safety Insurance Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;30098 | &nbsp;&nbsp;&nbsp;&nbsp;2472 |
| <sup>\*</sup> | ProAssurance Corp. | &nbsp;&nbsp;103808 | &nbsp;&nbsp;&nbsp;&nbsp;2407 |
|  | Ellington Financial Inc. | &nbsp;&nbsp;184132 | &nbsp;&nbsp;&nbsp;&nbsp;2315 |
|  | Berkshire Hills Bancorp Inc. | &nbsp;&nbsp;&nbsp;&nbsp;92586 | &nbsp;&nbsp;&nbsp;&nbsp;2292 |
|  | Two Harbors Investment Corp. | &nbsp;&nbsp;210368 | &nbsp;&nbsp;&nbsp;&nbsp;2228 |
| <sup>\*</sup> | NCR Atleos Corp. | &nbsp;&nbsp;&nbsp;&nbsp;82405 | &nbsp;&nbsp;&nbsp;&nbsp;2185 |
|  | Community Financial System Inc. | &nbsp;&nbsp;&nbsp;&nbsp;38466 | &nbsp;&nbsp;&nbsp;&nbsp;2163 |
|  | PennyMac Mortgage Investment Trust | &nbsp;&nbsp;176175 | &nbsp;&nbsp;&nbsp;&nbsp;2163 |
|  | Banner Corp. | &nbsp;&nbsp;&nbsp;&nbsp;34318 | &nbsp;&nbsp;&nbsp;&nbsp;2116 |
|  | Dime Community Bancshares Inc. | &nbsp;&nbsp;&nbsp;&nbsp;79690 | &nbsp;&nbsp;&nbsp;&nbsp;2045 |
|  | Navient Corp. | &nbsp;&nbsp;150571 | &nbsp;&nbsp;&nbsp;&nbsp;2024 |
|  | Brookline Bancorp Inc. | &nbsp;&nbsp;180781 | &nbsp;&nbsp;&nbsp;&nbsp;1867 |
|  | Franklin BSP Realty Trust Inc. | &nbsp;&nbsp;168505 | &nbsp;&nbsp;&nbsp;&nbsp;1859 |
| <sup>\*</sup> | Encore Capital Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;48315 | &nbsp;&nbsp;&nbsp;&nbsp;1831 |
|  | FB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;39119 | &nbsp;&nbsp;&nbsp;&nbsp;1708 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | First Commonwealth Financial Corp. | &nbsp;&nbsp;109111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1704 |
| <sup>\*</sup> | Donnelley Financial Solutions Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1703 |
|  | EVERTEC Inc. | &nbsp;&nbsp;&nbsp;&nbsp;45209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1638 |
|  | Park National Corp. | &nbsp;&nbsp;&nbsp;&nbsp;10032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1631 |
|  | Southside Bancshares Inc. | &nbsp;&nbsp;&nbsp;&nbsp;57828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1630 |
|  | Enact Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;45703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1618 |
|  | Heritage Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;68969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1612 |
|  | OFG Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;38242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1573 |
|  | National Bank Holdings Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;42481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1536 |
|  | Ready Capital Corp. | &nbsp;&nbsp;343516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1536 |
|  | Redwood Trust Inc. | &nbsp;&nbsp;269075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1466 |
|  | Lakeland Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;23845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1428 |
| <sup>\*</sup> | EZCORP Inc. Class A | &nbsp;&nbsp;105475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1419 |
|  | Capitol Federal Financial Inc. | &nbsp;&nbsp;248076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1416 |
|  | Hanmi Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;60941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1397 |
|  | Virtus Investment Partners Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1395 |
|  | S&T Bancorp Inc. | &nbsp;&nbsp;&nbsp;&nbsp;36540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1340 |
|  | United Fire Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;43256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1231 |
|  | New York Mortgage Trust Inc. | &nbsp;&nbsp;183974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1201 |
|  | TrustCo Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;38654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 |
|  | Employers Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;24122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1174 |
|  | Westamerica Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;24433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1174 |
| <sup>\*</sup> | PRA Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;80099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1137 |
|  | Eagle Bancorp Inc. | &nbsp;&nbsp;&nbsp;&nbsp;61676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1085 |
|  | KKR Real Estate Finance Trust Inc. | &nbsp;&nbsp;117321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1048 |
| <sup>\*</sup> | World Acceptance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012 |
|  | AMERISAFE Inc. | &nbsp;&nbsp;&nbsp;&nbsp;21297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011 |
| <sup>\*</sup> | Triumph Financial Inc. | &nbsp;&nbsp;&nbsp;&nbsp;17414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1006 |
|  | Tompkins Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;15322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;941 |
|  | Central Pacific Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;20817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556 |
|  |  |  | &nbsp;&nbsp;**291135** |
| **Health Care (7.5%)** | **Health Care (7.5%)** | **Health Care (7.5%)** | **Health Care (7.5%)** |
|  | Teleflex Inc. | &nbsp;&nbsp;&nbsp;&nbsp;94296 | &nbsp;&nbsp;&nbsp;&nbsp;11530 |
|  | Organon & Co. | &nbsp;&nbsp;522649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4819 |
|  | Premier Inc. Class A | &nbsp;&nbsp;185486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4262 |
| <sup>\*</sup> | QuidelOrtho Corp. | &nbsp;&nbsp;133815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4104 |
| <sup>\*</sup> | Alkermes plc | &nbsp;&nbsp;118779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3636 |
| <sup>\*</sup> | Enovis Corp. | &nbsp;&nbsp;115461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3614 |
|  | CONMED Corp. | &nbsp;&nbsp;&nbsp;&nbsp;62708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3559 |
| <sup>\*</sup> | Prestige Consumer Healthcare Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3444 |
|  | Select Medical Holdings Corp. | &nbsp;&nbsp;212226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3245 |
| <sup>\*</sup> | Omnicell Inc. | &nbsp;&nbsp;&nbsp;&nbsp;94005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2855 |
|  | Concentra Group Holdings Parent Inc. | &nbsp;&nbsp;129709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2806 |
| <sup>\*</sup> | Certara Inc. | &nbsp;&nbsp;222222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2524 |
| <sup>\*</sup> | Arrowhead Pharmaceuticals Inc. | &nbsp;&nbsp;156258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2511 |
| <sup>\*</sup> | Pediatrix Medical Group Inc. | &nbsp;&nbsp;171615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2428 |
| <sup>\*</sup> | Pacira BioSciences Inc. | &nbsp;&nbsp;&nbsp;&nbsp;93731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2422 |
| <sup>\*</sup> | Neogen Corp. | &nbsp;&nbsp;400847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2349 |
| <sup>\*</sup> | AdaptHealth Corp. Class A | &nbsp;&nbsp;215736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1937 |
| <sup>\*</sup> | Ligand Pharmaceuticals Inc. | &nbsp;&nbsp;&nbsp;&nbsp;17266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1764 |
| <sup>\*</sup> | Supernus Pharmaceuticals Inc. | &nbsp;&nbsp;&nbsp;&nbsp;54939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1742 |
| <sup>\*</sup> | Integra LifeSciences Holdings Corp. | &nbsp;&nbsp;134698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1705 |
| <sup>\*</sup> | ACADIA Pharmaceuticals Inc. | &nbsp;&nbsp;&nbsp;&nbsp;77558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1673 |
| <sup>\*</sup> | AMN Healthcare Services Inc. | &nbsp;&nbsp;&nbsp;&nbsp;77292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1632 |
| <sup>\*</sup> | Progyny Inc. | &nbsp;&nbsp;&nbsp;&nbsp;75270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1618 |
| <sup>\*</sup> | Addus HomeCare Corp. | &nbsp;&nbsp;&nbsp;&nbsp;13840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1535 |
| <sup>\*</sup> | Privia Health Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;64977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1479 |
| <sup>\*</sup> | Dynavax Technologies Corp. | &nbsp;&nbsp;146459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1434 |
| <sup>\*</sup> | Azenta Inc. | &nbsp;&nbsp;&nbsp;&nbsp;47395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1266 |
|  | Embecta Corp. | &nbsp;&nbsp;117995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1243 |
| <sup>\*</sup> | Avanos Medical Inc. | &nbsp;&nbsp;&nbsp;&nbsp;92998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1169 |
|  | US Physical Therapy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1168 |
| <sup>\*</sup> | Schrodinger Inc. | &nbsp;&nbsp;&nbsp;&nbsp;52903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1144 |
| <sup>\*</sup> | NeoGenomics Inc. | &nbsp;&nbsp;143476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1045 |
| <sup>\*</sup> | Owens & Minor Inc. | &nbsp;&nbsp;150038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990 |
| <sup>\*</sup> | Innoviva Inc. | &nbsp;&nbsp;&nbsp;&nbsp;50500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988 |
|  | National HealthCare Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937 |
| <sup>\*</sup> | Vir Biotechnology Inc. | &nbsp;&nbsp;186712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922 |
| <sup>\*</sup> | Fortrea Holdings Inc. | &nbsp;&nbsp;181510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
| <sup>\*</sup> | Myriad Genetics Inc. | &nbsp;&nbsp;184954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775 |
| <sup>\*</sup> | STAAR Surgical Co. | &nbsp;&nbsp;&nbsp;&nbsp;42863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763 |
| <sup>\*</sup> | Amphastar Pharmaceuticals Inc. | &nbsp;&nbsp;&nbsp;&nbsp;28079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722 |
| <sup>\*</sup> | Xencor Inc. | &nbsp;&nbsp;&nbsp;&nbsp;82134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657 |
| <sup>\*</sup> | Cytek Biosciences Inc. | &nbsp;&nbsp;211119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585 |
|  | HealthStream Inc. | &nbsp;&nbsp;&nbsp;&nbsp;20415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572 |
|  | Simulations Plus Inc. | &nbsp;&nbsp;&nbsp;&nbsp;14823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472 |
|  | Mesa Laboratories Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366 |
|  |  |  | &nbsp;&nbsp;**93192** |
| **Industrials (15.7%)** | **Industrials (15.7%)** | **Industrials (15.7%)** | **Industrials (15.7%)** |
|  | Air Lease Corp. Class A | &nbsp;&nbsp;210283 | &nbsp;&nbsp;12114 |
|  | Robert Half Inc. | &nbsp;&nbsp;203940 | &nbsp;&nbsp;&nbsp;&nbsp;9338 |
|  | Boise Cascade Co. | &nbsp;&nbsp;&nbsp;&nbsp;77986 | &nbsp;&nbsp;&nbsp;&nbsp;6775 |
|  | ABM Industries Inc. | &nbsp;&nbsp;126300 | &nbsp;&nbsp;&nbsp;&nbsp;6650 |
| <sup>\*</sup> | Amentum Holdings Inc. | &nbsp;&nbsp;306171 | &nbsp;&nbsp;&nbsp;&nbsp;6325 |
|  | JBT Marel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;54370 | &nbsp;&nbsp;&nbsp;&nbsp;6242 |
| <sup>\*</sup> | Resideo Technologies Inc. | &nbsp;&nbsp;298414 | &nbsp;&nbsp;&nbsp;&nbsp;6177 |
| <sup>\*</sup> | Mercury Systems Inc. | &nbsp;&nbsp;103039 | &nbsp;&nbsp;&nbsp;&nbsp;5075 |
| <sup>\*</sup> | Kratos Defense & Security Solutions Inc. | &nbsp;&nbsp;130255 | &nbsp;&nbsp;&nbsp;&nbsp;4805 |
| <sup>\*</sup> | AAR Corp. | &nbsp;&nbsp;&nbsp;&nbsp;71611 | &nbsp;&nbsp;&nbsp;&nbsp;4398 |
|  | Hub Group Inc. Class A | &nbsp;&nbsp;123290 | &nbsp;&nbsp;&nbsp;&nbsp;4156 |
| <sup>\*</sup> | Hayward Holdings Inc. | &nbsp;&nbsp;288784 | &nbsp;&nbsp;&nbsp;&nbsp;4029 |
|  | Worthington Enterprises Inc. | &nbsp;&nbsp;&nbsp;&nbsp;62961 | &nbsp;&nbsp;&nbsp;&nbsp;3709 |
| <sup>\*</sup> | Gibraltar Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;61574 | &nbsp;&nbsp;&nbsp;&nbsp;3607 |
| <sup>\*</sup> | Sunrun Inc. | &nbsp;&nbsp;455392 | &nbsp;&nbsp;&nbsp;&nbsp;3411 |
|  | Kennametal Inc. | &nbsp;&nbsp;157071 | &nbsp;&nbsp;&nbsp;&nbsp;3382 |
| <sup>\*</sup> | Gates Industrial Corp. plc | &nbsp;&nbsp;156814 | &nbsp;&nbsp;&nbsp;&nbsp;3317 |
|  | Werner Enterprises Inc. | &nbsp;&nbsp;125561 | &nbsp;&nbsp;&nbsp;&nbsp;3258 |
|  | UniFirst Corp. | &nbsp;&nbsp;&nbsp;&nbsp;16759 | &nbsp;&nbsp;&nbsp;&nbsp;3160 |
| <sup>\*</sup> | Everus Construction Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;53802 | &nbsp;&nbsp;&nbsp;&nbsp;3116 |
| <sup>\*</sup> | JetBlue Airways Corp. | &nbsp;&nbsp;616752 | &nbsp;&nbsp;&nbsp;&nbsp;3115 |
|  | Arcosa Inc. | &nbsp;&nbsp;&nbsp;&nbsp;35662 | &nbsp;&nbsp;&nbsp;&nbsp;3077 |
|  | WillScot Holdings Corp. | &nbsp;&nbsp;113461 | &nbsp;&nbsp;&nbsp;&nbsp;3058 |
|  | Enpro Inc. | &nbsp;&nbsp;&nbsp;&nbsp;16191 | &nbsp;&nbsp;&nbsp;&nbsp;2998 |
|  | ArcBest Corp. | &nbsp;&nbsp;&nbsp;&nbsp;47286 | &nbsp;&nbsp;&nbsp;&nbsp;2964 |
|  | Tennant Co. | &nbsp;&nbsp;&nbsp;&nbsp;38323 | &nbsp;&nbsp;&nbsp;&nbsp;2852 |
|  | Hillenbrand Inc. | &nbsp;&nbsp;142986 | &nbsp;&nbsp;&nbsp;&nbsp;2794 |
|  | Matson Inc. | &nbsp;&nbsp;&nbsp;&nbsp;24280 | &nbsp;&nbsp;&nbsp;&nbsp;2740 |
|  | Korn Ferry | &nbsp;&nbsp;&nbsp;&nbsp;39765 | &nbsp;&nbsp;&nbsp;&nbsp;2704 |
|  | Franklin Electric Co. Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31077 | &nbsp;&nbsp;&nbsp;&nbsp;2685 |
| <sup>\*</sup> | Masterbrand Inc. | &nbsp;&nbsp;257964 | &nbsp;&nbsp;&nbsp;&nbsp;2631 |
|  | Rush Enterprises Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;48070 | &nbsp;&nbsp;&nbsp;&nbsp;2387 |
| <sup>\*</sup> | RXO Inc. | &nbsp;&nbsp;152158 | &nbsp;&nbsp;&nbsp;&nbsp;2363 |
| <sup>\*</sup> | NV5 Global Inc. | &nbsp;&nbsp;105780 | &nbsp;&nbsp;&nbsp;&nbsp;2338 |
|  | Alamo Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11796 | &nbsp;&nbsp;&nbsp;&nbsp;2336 |
|  | MillerKnoll Inc. | &nbsp;&nbsp;138438 | &nbsp;&nbsp;&nbsp;&nbsp;2335 |
| <sup>\*</sup> | CoreCivic Inc. | &nbsp;&nbsp;104783 | &nbsp;&nbsp;&nbsp;&nbsp;2301 |
|  | Brady Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;32295 | &nbsp;&nbsp;&nbsp;&nbsp;2253 |
|  | Schneider National Inc. Class B | &nbsp;&nbsp;&nbsp;&nbsp;95357 | &nbsp;&nbsp;&nbsp;&nbsp;2209 |
| <sup>\*</sup> | MYR Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;14072 | &nbsp;&nbsp;&nbsp;&nbsp;2207 |
|  | HNI Corp. | &nbsp;&nbsp;&nbsp;&nbsp;46573 | &nbsp;&nbsp;&nbsp;&nbsp;2167 |
| <sup>\*</sup> | GMS Inc. | &nbsp;&nbsp;&nbsp;&nbsp;28365 | &nbsp;&nbsp;&nbsp;&nbsp;2148 |
| <sup>\*</sup> | Healthcare Services Group Inc. | &nbsp;&nbsp;149202 | &nbsp;&nbsp;&nbsp;&nbsp;2104 |
|  | Albany International Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;31787 | &nbsp;&nbsp;&nbsp;&nbsp;2100 |
| <sup>\*</sup> | Proto Labs Inc. | &nbsp;&nbsp;&nbsp;&nbsp;49787 | &nbsp;&nbsp;&nbsp;&nbsp;1841 |
|  | Astec Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;46467 | &nbsp;&nbsp;&nbsp;&nbsp;1826 |
|  | CSG Systems International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;27485 | &nbsp;&nbsp;&nbsp;&nbsp;1816 |
|  | Pitney Bowes Inc. | &nbsp;&nbsp;170115 | &nbsp;&nbsp;&nbsp;&nbsp;1752 |
| <sup>\*</sup> | American Woodmark Corp. | &nbsp;&nbsp;&nbsp;&nbsp;30566 | &nbsp;&nbsp;&nbsp;&nbsp;1723 |
|  | Lindsay Corp. | &nbsp;&nbsp;&nbsp;&nbsp;12133 | &nbsp;&nbsp;&nbsp;&nbsp;1691 |
| <sup>\*</sup> | Allegiant Travel Co. | &nbsp;&nbsp;&nbsp;&nbsp;29508 | &nbsp;&nbsp;&nbsp;&nbsp;1640 |
| <sup>\*,1</sup> | Hertz Global Holdings Inc. | &nbsp;&nbsp;249083 | &nbsp;&nbsp;&nbsp;&nbsp;1631 |
| <sup>\*</sup> | Triumph Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;62807 | &nbsp;&nbsp;&nbsp;&nbsp;1620 |
|  | Quanex Building Products Corp. | &nbsp;&nbsp;&nbsp;&nbsp;95925 | &nbsp;&nbsp;&nbsp;&nbsp;1605 |
|  | Marten Transport Ltd. | &nbsp;&nbsp;117503 | &nbsp;&nbsp;&nbsp;&nbsp;1532 |
|  | Vestis Corp. | &nbsp;&nbsp;232725 | &nbsp;&nbsp;&nbsp;&nbsp;1434 |
|  | Insteel Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;39451 | &nbsp;&nbsp;&nbsp;&nbsp;1382 |
| <sup>\*</sup> | DNOW Inc. | &nbsp;&nbsp;&nbsp;&nbsp;92234 | &nbsp;&nbsp;&nbsp;&nbsp;1330 |
| <sup>\*</sup> | Enviri Corp. | &nbsp;&nbsp;162791 | &nbsp;&nbsp;&nbsp;&nbsp;1327 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | Deluxe Corp. | &nbsp;&nbsp;&nbsp;&nbsp;89895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1283 |
|  | Standex International Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1277 |
| <sup>\*</sup> | Sun Country Airlines Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;79994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;926 |
| <sup>\*</sup> | Vicor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;20624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 |
|  | National Presto Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891 |
|  | Heidrick & Struggles International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;18999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;829 |
|  | Heartland Express Inc. | &nbsp;&nbsp;&nbsp;&nbsp;87380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782 |
| <sup>\*</sup> | Titan International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;97099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703 |
| <sup>\*</sup> | Forward Air Corp. | &nbsp;&nbsp;&nbsp;&nbsp;24664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414 |
|  |  |  | &nbsp;&nbsp;**196065** |
| **Information Technology (10.1%)** | **Information Technology (10.1%)** | **Information Technology (10.1%)** | **Information Technology (10.1%)** |
| <sup>\*</sup> | Qorvo Inc. | &nbsp;&nbsp;189605 | &nbsp;&nbsp;&nbsp;&nbsp;14414 |
| <sup>\*</sup> | Sandisk Corp. | &nbsp;&nbsp;233949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8818 |
| <sup>\*</sup> | Insight Enterprises Inc. | &nbsp;&nbsp;&nbsp;&nbsp;55483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7234 |
| <sup>\*</sup> | DXC Technology Co. | &nbsp;&nbsp;367424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5585 |
| <sup>\*</sup> | Sanmina Corp. | &nbsp;&nbsp;&nbsp;&nbsp;57369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4859 |
|  | Advanced Energy Industries Inc. | &nbsp;&nbsp;&nbsp;&nbsp;39011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4478 |
| <sup>\*</sup> | Diodes Inc. | &nbsp;&nbsp;&nbsp;&nbsp;94058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4176 |
|  | Kulicke & Soffa Industries Inc. | &nbsp;&nbsp;108375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3484 |
| <sup>\*</sup> | NetScout Systems Inc. | &nbsp;&nbsp;145707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3328 |
| <sup>\*</sup> | Calix Inc. | &nbsp;&nbsp;&nbsp;&nbsp;71905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3325 |
| <sup>\*</sup> | NCR Voyix Corp. | &nbsp;&nbsp;296358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3287 |
|  | Vishay Intertechnology Inc. | &nbsp;&nbsp;228195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3211 |
| <sup>\*</sup> | TTM Technologies Inc. | &nbsp;&nbsp;&nbsp;&nbsp;99347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2966 |
| <sup>\*</sup> | Knowles Corp. | &nbsp;&nbsp;178009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2921 |
| <sup>\*</sup> | Teradata Corp. | &nbsp;&nbsp;126253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2773 |
| <sup>\*</sup> | FormFactor Inc. | &nbsp;&nbsp;&nbsp;&nbsp;86487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2582 |
| <sup>\*</sup> | Viavi Solutions Inc. | &nbsp;&nbsp;257039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2342 |
| <sup>\*</sup> | Alarm.com Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2304 |
| <sup>\*</sup> | Plexus Corp. | &nbsp;&nbsp;&nbsp;&nbsp;17551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2304 |
| <sup>\*</sup> | Rogers Corp. | &nbsp;&nbsp;&nbsp;&nbsp;34501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2297 |
| <sup>\*</sup> | Veeco Instruments Inc. | &nbsp;&nbsp;117630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2271 |
| <sup>\*</sup> | Extreme Networks Inc. | &nbsp;&nbsp;140231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2197 |
| <sup>\*</sup> | LiveRamp Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;64131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2089 |
| <sup>\*</sup> | ePlus Inc. | &nbsp;&nbsp;&nbsp;&nbsp;28355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2024 |
| <sup>\*</sup> | Penguin Solutions Inc. | &nbsp;&nbsp;108212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1922 |
|  | Adeia Inc. | &nbsp;&nbsp;139709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1794 |
| <sup>\*</sup> | MaxLinear Inc. Class A | &nbsp;&nbsp;156376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1781 |
| <sup>\*</sup> | Ultra Clean Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;91554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1773 |
| <sup>\*</sup> | ScanSource Inc. | &nbsp;&nbsp;&nbsp;&nbsp;43810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1769 |
|  | PC Connection Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1640 |
| <sup>\*</sup> | Cohu Inc. | &nbsp;&nbsp;&nbsp;&nbsp;95103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1623 |
| <sup>\*</sup> | Axcelis Technologies Inc. | &nbsp;&nbsp;&nbsp;&nbsp;27051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1524 |
| <sup>\*</sup> | Viasat Inc. | &nbsp;&nbsp;172984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1510 |
| <sup>\*</sup> | SolarEdge Technologies Inc. | &nbsp;&nbsp;&nbsp;&nbsp;82364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1471 |
| <sup>\*</sup> | Arlo Technologies Inc. | &nbsp;&nbsp;&nbsp;&nbsp;87668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1255 |
| <sup>\*</sup> | Photronics Inc. | &nbsp;&nbsp;&nbsp;&nbsp;74572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1246 |
| <sup>\*</sup> | Sprinklr Inc. Class A | &nbsp;&nbsp;140874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1189 |
|  | Benchmark Electronics Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175 |
|  | Xerox Holdings Corp. | &nbsp;&nbsp;235061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1149 |
| <sup>\*</sup> | Ichor Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;68771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1085 |
| <sup>\*</sup> | Harmonic Inc. | &nbsp;&nbsp;116582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1052 |
|  | A10 Networks Inc. | &nbsp;&nbsp;&nbsp;&nbsp;59925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1034 |
| <sup>\*</sup> | Digi International Inc. | &nbsp;&nbsp;&nbsp;&nbsp;30753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997 |
|  | CTS Corp. | &nbsp;&nbsp;&nbsp;&nbsp;24371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992 |
| <sup>\*</sup> | Corsair Gaming Inc. | &nbsp;&nbsp;&nbsp;&nbsp;91101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;801 |
| <sup>\*</sup> | N-able Inc. | &nbsp;&nbsp;&nbsp;&nbsp;79987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623 |
| <sup>\*</sup> | Alpha & Omega Semiconductor Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;25375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538 |
| <sup>\*</sup> | Grid Dynamics Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;42432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532 |
| <sup>\*</sup> | CEVA Inc. | &nbsp;&nbsp;&nbsp;&nbsp;24866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466 |
| <sup>\*,1</sup> | Wolfspeed Inc. | &nbsp;&nbsp;188875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 |
|  |  |  | &nbsp;&nbsp;**126435** |
| **Materials (6.4%)** | **Materials (6.4%)** | **Materials (6.4%)** | **Materials (6.4%)** |
|  | Celanese Corp. | &nbsp;&nbsp;221919 | &nbsp;&nbsp;&nbsp;&nbsp;11724 |
|  | FMC Corp. | &nbsp;&nbsp;253430 | &nbsp;&nbsp;&nbsp;&nbsp;10279 |
|  | HB Fuller Co. | &nbsp;&nbsp;111028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6198 |
|  | Sealed Air Corp. | &nbsp;&nbsp;180451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5810 |
|  | Element Solutions Inc. | &nbsp;&nbsp;244264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5222 |
| <sup>\*</sup> | O-I Glass Inc. | &nbsp;&nbsp;312737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | Sensient Technologies Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40432 | &nbsp;&nbsp;&nbsp;&nbsp;3822 |
|  | Minerals Technologies Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64681 | &nbsp;&nbsp;&nbsp;&nbsp;3673 |
|  | Materion Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42112 | &nbsp;&nbsp;&nbsp;&nbsp;3261 |
|  | Chemours Co. | &nbsp;&nbsp;&nbsp;&nbsp;303316 | &nbsp;&nbsp;&nbsp;&nbsp;3073 |
|  | Quaker Chemical Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27818 | &nbsp;&nbsp;&nbsp;&nbsp;3017 |
| <sup>\*</sup> | MP Materials Corp. | &nbsp;&nbsp;&nbsp;&nbsp;137231 | &nbsp;&nbsp;&nbsp;&nbsp;2990 |
|  | Kaiser Aluminum Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32359 | &nbsp;&nbsp;&nbsp;&nbsp;2349 |
|  | Stepan Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42944 | &nbsp;&nbsp;&nbsp;&nbsp;2331 |
|  | Innospec Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25308 | &nbsp;&nbsp;&nbsp;&nbsp;2153 |
|  | Worthington Steel Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71106 | &nbsp;&nbsp;&nbsp;&nbsp;1771 |
| <sup>\*</sup> | Ingevity Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36159 | &nbsp;&nbsp;&nbsp;&nbsp;1496 |
|  | SunCoke Energy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;171158 | &nbsp;&nbsp;&nbsp;&nbsp;1393 |
|  | AdvanSix Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54308 | &nbsp;&nbsp;&nbsp;&nbsp;1277 |
|  | Koppers Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41181 | &nbsp;&nbsp;&nbsp;&nbsp;1265 |
| <sup>\*</sup> | Metallus Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960 |
| <sup>\*</sup> | Alpha Metallurgical Resources Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921 |
|  |  |  | &nbsp;&nbsp;**79085** |
| **Real Estate (7.3%)** | **Real Estate (7.3%)** | **Real Estate (7.3%)** | **Real Estate (7.3%)** |
|  | Millrose Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;244159 | &nbsp;&nbsp;&nbsp;&nbsp;6805 |
|  | Terreno Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;103323 | &nbsp;&nbsp;&nbsp;&nbsp;5829 |
|  | CareTrust REIT Inc. | &nbsp;&nbsp;&nbsp;&nbsp;194333 | &nbsp;&nbsp;&nbsp;&nbsp;5589 |
| <sup>1</sup> | Medical Properties Trust Inc. | &nbsp;&nbsp;1219269 | &nbsp;&nbsp;&nbsp;&nbsp;5572 |
|  | LXP Industrial Trust | &nbsp;&nbsp;&nbsp;&nbsp;600042 | &nbsp;&nbsp;&nbsp;&nbsp;5148 |
|  | Phillips Edison & Co. Inc. | &nbsp;&nbsp;&nbsp;&nbsp;142354 | &nbsp;&nbsp;&nbsp;&nbsp;5048 |
| <sup>\*</sup> | Cushman & Wakefield plc | &nbsp;&nbsp;&nbsp;&nbsp;465803 | &nbsp;&nbsp;&nbsp;&nbsp;4672 |
|  | Global Net Lease Inc. | &nbsp;&nbsp;&nbsp;&nbsp;402010 | &nbsp;&nbsp;&nbsp;&nbsp;3120 |
|  | JBG SMITH Properties | &nbsp;&nbsp;&nbsp;&nbsp;171600 | &nbsp;&nbsp;&nbsp;&nbsp;2934 |
|  | Macerich Co. | &nbsp;&nbsp;&nbsp;&nbsp;171516 | &nbsp;&nbsp;&nbsp;&nbsp;2775 |
|  | Apple Hospitality REIT Inc. | &nbsp;&nbsp;&nbsp;&nbsp;230908 | &nbsp;&nbsp;&nbsp;&nbsp;2676 |
|  | Alexander & Baldwin Inc. | &nbsp;&nbsp;&nbsp;&nbsp;147302 | &nbsp;&nbsp;&nbsp;&nbsp;2638 |
|  | Four Corners Property Trust Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93428 | &nbsp;&nbsp;&nbsp;&nbsp;2580 |
|  | Highwoods Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85155 | &nbsp;&nbsp;&nbsp;&nbsp;2529 |
|  | SL Green Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42650 | &nbsp;&nbsp;&nbsp;&nbsp;2421 |
|  | Tanger Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74232 | &nbsp;&nbsp;&nbsp;&nbsp;2212 |
|  | Douglas Emmett Inc. | &nbsp;&nbsp;&nbsp;&nbsp;142819 | &nbsp;&nbsp;&nbsp;&nbsp;2032 |
|  | Urban Edge Properties | &nbsp;&nbsp;&nbsp;&nbsp;101832 | &nbsp;&nbsp;&nbsp;&nbsp;1849 |
|  | Easterly Government Properties Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80651 | &nbsp;&nbsp;&nbsp;&nbsp;1753 |
|  | LTC Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48659 | &nbsp;&nbsp;&nbsp;&nbsp;1722 |
|  | Getty Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58513 | &nbsp;&nbsp;&nbsp;&nbsp;1712 |
|  | Brandywine Realty Trust | &nbsp;&nbsp;&nbsp;&nbsp;352397 | &nbsp;&nbsp;&nbsp;&nbsp;1491 |
|  | eXp World Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;172096 | &nbsp;&nbsp;&nbsp;&nbsp;1466 |
|  | Acadia Realty Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75318 | &nbsp;&nbsp;&nbsp;&nbsp;1451 |
|  | Veris Residential Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93431 | &nbsp;&nbsp;&nbsp;&nbsp;1420 |
|  | Marcus & Millichap Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48858 | &nbsp;&nbsp;&nbsp;&nbsp;1408 |
|  | Safehold Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93270 | &nbsp;&nbsp;&nbsp;&nbsp;1406 |
|  | Elme Communities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73351 | &nbsp;&nbsp;&nbsp;&nbsp;1178 |
|  | SITE Centers Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95889 | &nbsp;&nbsp;&nbsp;&nbsp;1143 |
|  | Uniti Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;262852 | &nbsp;&nbsp;&nbsp;&nbsp;1130 |
|  | Pebblebrook Hotel Trust | &nbsp;&nbsp;&nbsp;&nbsp;121588 | &nbsp;&nbsp;&nbsp;&nbsp;1116 |
|  | Innovative Industrial Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18430 | &nbsp;&nbsp;&nbsp;&nbsp;1018 |
|  | Kennedy-Wilson Holdings Inc. | &nbsp;&nbsp;&nbsp;&nbsp;150646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960 |
|  | Centerspace | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;941 |
|  | American Assets Trust Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781 |
|  | Whitestone REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556 |
|  | Universal Health Realty Income Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512 |
|  | Summit Hotel Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;111875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490 |
|  | Armada Hoffler Properties Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404 |
|  | Saul Centers Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387 |
|  |  |  | &nbsp;&nbsp;**90874** |
| **Utilities (3.7%)** | **Utilities (3.7%)** | **Utilities (3.7%)** | **Utilities (3.7%)** |
|  | MDU Resources Group Inc. | &nbsp;&nbsp;&nbsp;&nbsp;413936 | &nbsp;&nbsp;&nbsp;&nbsp;7116 |
|  | Avista Corp. | &nbsp;&nbsp;&nbsp;&nbsp;160756 | &nbsp;&nbsp;&nbsp;&nbsp;6191 |
|  | California Water Service Group | &nbsp;&nbsp;&nbsp;&nbsp;120772 | &nbsp;&nbsp;&nbsp;&nbsp;5706 |
|  | Clearway Energy Inc. Class C | &nbsp;&nbsp;&nbsp;&nbsp;168908 | &nbsp;&nbsp;&nbsp;&nbsp;5197 |
|  | Otter Tail Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46734 | &nbsp;&nbsp;&nbsp;&nbsp;3607 |
|  | Northwest Natural Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81428 | &nbsp;&nbsp;&nbsp;&nbsp;3336 |
|  | H2O America | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61442 | &nbsp;&nbsp;&nbsp;&nbsp;3224 |
|  | American States Water Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38388 | &nbsp;&nbsp;&nbsp;&nbsp;3028 |
|  | MGE Energy Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27963 | &nbsp;&nbsp;&nbsp;&nbsp;2526 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Shares | &nbsp;&nbsp;Market<br> Value<br> ($000) |
|  | Chesapeake Utilities Corp. | &nbsp;&nbsp;&nbsp;&nbsp;19874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2428 |
|  | Clearway Energy Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;69510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2005 |
|  | Unitil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;20150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1105 |
|  | Middlesex Water Co. | &nbsp;&nbsp;&nbsp;&nbsp;18065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1047 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**46516** |
| **Total Common Stocks (Cost $1,360,075)** | **Total Common Stocks (Cost $1,360,075)** | **Total Common Stocks (Cost $1,360,075)** | **1238398** |
|  | &nbsp;&nbsp;Coupon |  |  |
| **Temporary Cash Investments (1.3%)** | **Temporary Cash Investments (1.3%)** | **Temporary Cash Investments (1.3%)** | **Temporary Cash Investments (1.3%)** |
| **Money Market Fund (1.3%)** | **Money Market Fund (1.3%)** | **Money Market Fund (1.3%)** | **Money Market Fund (1.3%)** |
| <sup>2,3</sup> | &nbsp;&nbsp;4.342% | &nbsp;&nbsp;165032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16501** |
| **Total Investments (100.6%) (Cost $1,376,575)** | **Total Investments (100.6%) (Cost $1,376,575)** |  | &nbsp;&nbsp;**1254899** |
| **Other Assets and Liabilities—Net (-0.6%)** | **Other Assets and Liabilities—Net (-0.6%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7539)** |
| **Net Assets (100%)** | **Net Assets (100%)** |  | &nbsp;&nbsp;**1247360** |

---

Cost is in $000.

---

| | |
|:---|:---|
| \* | Non-income-producing security. |
| 1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $8,486. |
| 2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
| 3 | Collateral of $9,535 was received for securities on loan. |

---

REIT—Real Estate Investment Trust.

------

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

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Futures Contracts | Futures Contracts | Futures Contracts | Futures Contracts | Futures Contracts |
|  |  |  | ($000) | ($000) |
|  | Expiration | Number of<br> Long (Short)<br> Contracts | Notional<br> Amount | &nbsp;&nbsp;Value and<br> Unrealized<br> Appreciation<br> (Depreciation) |
| Long Futures Contracts | Long Futures Contracts | Long Futures Contracts | Long Futures Contracts | Long Futures Contracts |
| E-mini Russell 2000 Index | June 2025 | 31 | 3206 | &nbsp;&nbsp;141 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps | Over-the-Counter Total Return Swaps |
| Reference Entity | Termination<br> Date | Counterparty | Notional<br> Amount<br> ($000) | Floating<br> Interest<br> Rate<br> Received<br> (Paid)<sup>1</sup><br> (%) | Value and<br> Unrealized<br> Appreciation<br> ($000) | Value and<br> Unrealized<br> (Depreciation)<br> ($000) |
| Mr. Cooper Group Inc. | 8/29/25 | BANA | 3094 | (4.338) | 263 |  |
| Signet Jewelers Ltd. | 8/29/25 | BANA | 1067 | (4.338) | 133 |  |
| WillScot Holdings Corp. | 8/29/25 | BANA | &nbsp;&nbsp;&nbsp;&nbsp;728 | (4.338) | &nbsp;&nbsp;&nbsp;50 |  |
|  |  |  |  |  | 446 |  |

---

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

------

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

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

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

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

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

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

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

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

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

------

The following table summarizes the market value of the fund's investments and derivatives as of May 31, 2025, based on the inputs used to value them:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Level 1<br> ($000) | &nbsp;&nbsp;&nbsp;Level 2<br> ($000) | &nbsp;&nbsp;&nbsp;Level 3<br> ($000) | &nbsp;&nbsp;&nbsp;Total<br> ($000) |
| **Investments** |  |  |  |  |
| Assets |  |  |  |  |
| Common Stocks | 1238398 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;1238398 |
| Temporary Cash Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16501 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16501 |
| Total | 1254899 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;1254899 |
| **Derivative Financial Instruments** |  |  |  |  |
| Assets |  |  |  |  |
| Futures Contracts<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;446 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446 |
| Total | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141 | &nbsp;&nbsp;&nbsp;446 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587 |

---

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Malvern

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19355

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

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

- **a. Name of Series:** VANGUARD S&P SMALL-CAP 600 VALUE INDEX FUND

- **b. EDGAR series identifier (if any):** S000030019

- **c. LEI of Series:** 1L9X7IT41PS23HRPVG96

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $1247352378.62

**Total Liabilities:** $50843.59

**Net Assets:** $1247301535.03

**Cash Not Reported:** $483681.94

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000092049 | -6.37%               | -5.82%               | 4.37%                |
| Class ID C000092048 | -6.37%               | -5.82%               | 4.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-14786255.85            | $-73585513.49                              |
| Month 2  | $417482.61               | $-73700207.93                              |
| Month 3  | $2536158.42              | $47201219.18                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Central Garden & Pet Co                           | CENTRAL GARDEN                              | CUSIP: 153527106<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |     18647 | NS      | $672410.82    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Embecta Corp                                      | EMBECTA CORP                                | CUSIP: 29082K105<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | EC               | CORP              | US        |    117995 | NS      | $1242487.35   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulton Financial Corp                             | FULTON FINANCIAL                            | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |    195811 | NS      | $3377739.75   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CVR Energy Inc                                    | CVR ENERGY INC                              | CUSIP: 12662P108<br>LEI: 529900SOYZIXZBTXB558 | Long             | EC               | CORP              | US        |     69412 | NS      | $1623546.68   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Thryv Holdings Inc                                | THRYV HOLDINGS I                            | CUSIP: 886029206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51398 | NS      | $683593.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MGE Energy Inc                                    | MGE ENERGY INC                              | CUSIP: 55277P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27963 | NS      | $2525618.16   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand Inc                                   | HILLENBRAND INC                             | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |    142986 | NS      | $2793946.44   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Realty Income Trust              | UNIVERSAL HEALTH                            | CUSIP: 91359E105<br>LEI: 549300L4MWZL4IH6H172 | Long             | EC               | CORP              | US        |     12895 | NS      | $512060.45    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies Inc                          | AXCELIS TECH INC                            | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |     27051 | NS      | $1524053.34   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                                      | INNOSPEC INC                                | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |     25308 | NS      | $2153204.64   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloomin' Brands Inc                               | BLOOMIN' BRANDS                             | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |    153363 | NS      | $1170159.69   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics Inc                         | BENCHMARK ELECTR                            | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |     32186 | NS      | $1175432.72   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc                                         | TEGNA INC                                   | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    327132 | NS      | $5469647.04   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Everus Construction Group Inc                     | EVERUS CONSTRUCT                            | CUSIP: 300426103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53802 | NS      | $3115673.82   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust Inc                   | FOUR CORNERS PRO                            | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |     93428 | NS      | $2579547.08   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                             | ELEMENT SOLUTION                            | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    244264 | NS      | $5222364.32   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SITE Centers Corp                                 | SITE CENTERS COR                            | CUSIP: 82981J851<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | EC               | CORP              | US        |     95889 | NS      | $1142996.88   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidrick & Struggles International Inc            | HEIDRICK & STRUG                            | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |     18999 | NS      | $829496.34    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Progyny Inc                                       | PROGYNY INC                                 | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75270 | NS      | $1618305.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Southside Bancshares Inc                          | SOUTHSIDE BAN IN                            | CUSIP: 84470P109<br>LEI: 549300TC83207VQA2K65 | Long             | EC               | CORP              | US        |     57828 | NS      | $1630171.32   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Simulations Plus Inc                              | SIMULATIONS PLUS                            | CUSIP: 829214105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14823 | NS      | $472038.44    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Co                      | NORTHWEST NATURA                            | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     81428 | NS      | $3336105.16   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                                       | CENTERSPACE                                 | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |     14761 | NS      | $941013.75    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings Inc                      | BREAD FINANCIAL                             | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |     99620 | NS      | $5104528.80   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corp                               | BANK OF HAWAII                              | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |     43565 | NS      | $2897508.15   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                                       | MOELIS & CO-CL A                            | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     70252 | NS      | $4012091.72   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Innoviva Inc                                      | INNOVIVA INC                                | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |     50500 | NS      | $988285.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Papa John's International Inc                     | PAPA JOHN'S INTL                            | CUSIP: 698813102<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | EC               | CORP              | US        |     66300 | NS      | $3000075.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Pediatrix Medical Group Inc                       | PEDIATRIX MEDICA                            | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    171615 | NS      | $2428352.25   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide Inc                          | WOLVERINE WORLD                             | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |     51849 | NS      | $884543.94    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Forward Air Corp                                  | FORWARD AIR CORP                            | CUSIP: 349853101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24664 | NS      | $413861.92    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp                                       | AVISTA CORP                                 | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |    160756 | NS      | $6190713.56   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hills Bancorp Inc                       | BERKSHIRE HILLS                             | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |     92586 | NS      | $2292429.36   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I Glass Inc                                     | O-I GLASS INC                               | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    312737 | NS      | $4099982.07   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| REX American Resources Corp                       | REX AMERICAN RES                            | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31407 | NS      | $1323490.98   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SJW Group                                         | H2O AMERICA                                 | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61442 | NS      | $3224476.16   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                              | LXP INDUSTRIAL T                            | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |    600042 | NS      | $5148360.36   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial Inc                             | TRIUMPH FINANCIA                            | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |     17414 | NS      | $1006006.78   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprinklr Inc                                      | SPRINKLR INC-A                              | CUSIP: 85208T107<br>LEI: 254900AR04RJ2BQO5S78 | Long             | EC               | CORP              | US        |    140874 | NS      | $1188976.56   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Metallus Inc                                      | METALLUS INC                                | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |     76035 | NS      | $960322.05    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp                                          | AAR CORP                                    | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     71611 | NS      | $4397631.51   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp                                       | KOHLS CORP                                  | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |    225972 | NS      | $1837152.36   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Hayward Holdings Inc                              | HAYWARD HOLDINGS                            | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    288784 | NS      | $4028536.80   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Caleres Inc                                       | CALERES INC                                 | CUSIP: 129500104<br>LEI: JFU6RQQJ8Z1CPOLBXQ18 | Long             | EC               | CORP              | US        |     68334 | NS      | $919092.30    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Financial Services Inc                  | PROVIDENT FINANC                            | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |    264819 | NS      | $4422477.30   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Calix Inc                                         | CALIX INC                                   | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |     71905 | NS      | $3324887.20   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                                           | IAC INC                                     | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |    143730 | NS      | $5168530.80   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies Inc                              | TTM TECHNOLOGIES                            | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |     99347 | NS      | $2966501.42   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Mortgage Trust Inc                     | BLACKSTONE MOR-A                            | CUSIP: 09257W100<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | EC               | CORP              | US        |    348334 | NS      | $6580029.26   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp                         | ALBANY INTL CORP                            | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |     31787 | NS      | $2100167.09   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                                  | BOISE CASCADE CO                            | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     77986 | NS      | $6775423.68   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| American Axle & Manufacturing Holdings Inc        | AMER AXLE & MFG                             | CUSIP: 024061103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    238977 | NS      | $1049109.03   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| LTC Properties Inc                                | LTC PROPERTIES                              | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |     48659 | NS      | $1722042.01   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc                           | INSIGHT ENTERPRI                            | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |     55483 | NS      | $7234428.37   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| SolarEdge Technologies Inc                        | SOLAREDGE TECHNO                            | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | US        |     82364 | NS      | $1471021.04   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Factory Holding Corp                          | FOX FACTORY HOLD                            | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |     84718 | NS      | $2173016.70   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                               | TERRENO REALTY C                            | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    103323 | NS      | $5829483.66   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| LGI Homes Inc                                     | LGI HOMES INC                               | CUSIP: 50187T106<br>LEI: 549300W02B4WNV8CV109 | Long             | EC               | CORP              | US        |     42046 | NS      | $2106504.60   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| First BanCorp/Puerto Rico                         | FIRST BANCORP PR                            | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    128889 | NS      | $2575202.22   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Xencor Inc                                        | XENCOR INC                                  | CUSIP: 98401F105<br>LEI: 549300V5IF65437JKG30 | Long             | EC               | CORP              | US        |     82134 | NS      | $657072.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeco Instruments Inc                             | VEECO INSTRUMENT                            | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |    117630 | NS      | $2271435.30   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Restaurants Inc                              | BJ'S RESTAURANTS                            | CUSIP: 09180C106<br>LEI: 5299000EOW66I1OJNQ23 | Long             | EC               | CORP              | US        |     46381 | NS      | $2069056.41   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytek Biosciences Inc                             | CYTEK BIOSCIENCE                            | CUSIP: 23285D109<br>LEI: 549300K2J28BOC6FBO89 | Long             | EC               | CORP              | US        |    211119 | NS      | $584799.63    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co                           | CENTRAL GARDEN-A                            | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |    102649 | NS      | $3281688.53   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Combineco Inc                                | TECHTARGET INC                              | CUSIP: 87874R308<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30410 | NS      | $246016.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions Inc                             | PENGUIN SOLUTION                            | CUSIP: G8232Y101<br>LEI: 529900RDGHQY8XKXPN14 | Long             | EC               | CORP              | US        |    108212 | NS      | $1921845.12   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                         | GATES INDUSTRIAL                            | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | US        |    156814 | NS      | $3316616.10   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacific Premier Bancorp Inc                       | PACIFIC PREMIER                             | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |    195747 | NS      | $4149836.40   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Inc                                       | PREMIER INC-CL A                            | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    185486 | NS      | $4262468.28   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Tootsie Roll Industries Inc                       | TOOTSIE ROLL IND                            | CUSIP: 890516107<br>LEI: 529900SBKOV9XX4M4Q35 | Long             | EC               | CORP              | US        |     14755 | NS      | $526015.75    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ligand Pharmaceuticals Inc                        | LIGAND PHARM                                | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |     17266 | NS      | $1764412.54   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TrustCo Bank Corp NY                              | TRUSTCO BANK NY                             | CUSIP: 898349204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38654 | NS      | $1199820.16   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Financial Corp                           | LAKELAND FINL                               | CUSIP: 511656100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23845 | NS      | $1427600.15   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellar Bancorp Inc                               | STELLAR BANCORP                             | CUSIP: 858927106<br>LEI: 54930070P8Z0WHFBB536 | Long             | EC               | CORP              | US        |     96508 | NS      | $2597995.36   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AdaptHealth Corp                                  | ADAPTHEALTH CORP                            | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    215736 | NS      | $1937309.28   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| WaFd Inc                                          | WAFD INC                                    | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    165494 | NS      | $4703339.48   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp                           | MAGNOLIA OIL-A                              | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    139634 | NS      | $3002131.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMOUR Residential REIT Inc                       | ARMOUR RESIDENTI                            | CUSIP: 042315705<br>LEI: 549300K0WA0EJUX74V72 | Long             | EC               | CORP              | US        |    155087 | NS      | $2513960.27   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Air Lease Corp                                    | AIR LEASE C                                 | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |    210283 | NS      | $12114403.63  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Certara Inc                                       | CERTARA INC                                 | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    222222 | NS      | $2524441.92   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc                           | MILLROSE PROPERT                            | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    244159 | NS      | $6804711.33   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Realty Trust                               | ACADIA REALTY                               | CUSIP: 004239109<br>LEI: 254900C5XLB1YYJQSH07 | Long             | EC               | CORP              | US        |     75318 | NS      | $1450624.68   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| B&G Foods Inc                                     | B&G FOODS INC                               | CUSIP: 05508R106<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | EC               | CORP              | US        |    160165 | NS      | $674294.65    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Andersons Inc/The                                 | ANDERSONS INC                               | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |     65253 | NS      | $2317134.03   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ePlus Inc                                         | EPLUS INC                                   | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |     28355 | NS      | $2023696.35   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Easterly Government Properties Inc                | EASTERLY GOVERNM                            | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |     80651 | NS      | $1752546.23   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp/MA                                  | UNIFIRST CORP/MA                            | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |     16759 | NS      | $3160077.04   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERISAFE Inc                                     | AMERISAFE INC                               | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |     21297 | NS      | $1010968.59   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc                             | CUSTOMERS BANCOR                            | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     59196 | NS      | $3016628.16   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hertz Global Holdings Inc                         | HERTZ GLOBAL HLD                            | CUSIP: 42806J700<br>LEI: 549300NBK3K85MH1EX16 | Long             | EC               | CORP              | US        |    249083 | NS      | $1631493.65   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Tompkins Financial Corp                           | TOMPKINS FINANCI                            | CUSIP: 890110109<br>LEI: 254900QDQ6V0QJ0Z2348 | Long             | EC               | CORP              | US        |     15322 | NS      | $940770.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Brady Corp                                        | BRADY CORP - A                              | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |     32295 | NS      | $2253222.15   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Helmerich & Payne Inc                             | HELMERICH & PAYN                            | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |     84804 | NS      | $1293261.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| International Seaways Inc                         | INTERNATIONAL SE                            | CUSIP: Y41053102<br>LEI: 549300YUFDGFRNGBWF46 | Long             | EC               | CORP              | US        |     35230 | NS      | $1305271.50   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| National Presto Industries Inc                    | NATL PRESTO INDS                            | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10398 | NS      | $890588.70    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Comstock Resources Inc                            | COMSTOCK RES INC                            | CUSIP: 205768302<br>LEI: I03QQGEA4SS774AURI46 | Long             | EC               | CORP              | US        |     90148 | NS      | $2100448.40   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes Inc                                  | PITNEY BOWES INC                            | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |    170115 | NS      | $1752184.50   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrowhead Pharmaceuticals Inc                     | ARROWHEAD PHARMA                            | CUSIP: 04280A100<br>LEI: 549300O3CSB8T7OZ3D66 | Long             | EC               | CORP              | US        |    156258 | NS      | $2511066.06   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters Inc                     | AMER EAGLE OUTF                             | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |    354907 | NS      | $3889780.72   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group Inc                     | HEALTHCARE SERVS                            | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |    149202 | NS      | $2103748.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                        | ARCOSA INC                                  | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     35662 | NS      | $3076560.74   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ready Capital Corp                                | READY CAPITAL CO                            | CUSIP: 75574U101<br>LEI: 549300MYWGZUG7ZUYO87 | Long             | EC               | CORP              | US        |    343516 | NS      | $1535516.52   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sturm Ruger & Co Inc                              | STURM RUGER & CO                            | CUSIP: 864159108<br>LEI: 529900DV1BWFJSHFO847 | Long             | EC               | CORP              | US        |     34116 | NS      | $1234999.20   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresh Del Monte Produce Inc                       | FRESH DEL MONTE                             | CUSIP: G36738105<br>LEI: 529900I72V9F0FEZR228 | Long             | EC               | CORP              | US        |     68089 | NS      | $2404903.48   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Grocery Outlet Holding Corp                       | GROCERY OUTLET                              | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    197206 | NS      | $2678057.48   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc/The                        | CHEESECAKE FACTO                            | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     32412 | NS      | $1788170.04   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| STAAR Surgical Co                                 | STAAR SURGICAL                              | CUSIP: 852312305<br>LEI: 5299006LRHI7OJ8BY308 | Long             | EC               | CORP              | US        |     42863 | NS      | $763390.03    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc                     | CSG SYSTEMS INTL                            | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |     27485 | NS      | $1815659.10   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovex International Inc                         | INNOVEX INTERNAT                            | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |     78728 | NS      | $1086446.40   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential Inc                             | VERIS RESIDENTIA                            | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               | CORP              | US        |     93431 | NS      | $1420151.20   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                                       | ENOVIS CORP                                 | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    115461 | NS      | $3613929.30   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Peabody Energy Corp                               | PEABODY ENERGY                              | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |    246641 | NS      | $3245795.56   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha & Omega Semiconductor Ltd                   | ALPHA & OMEGA SE                            | CUSIP: G6331P104<br>LEI: 5493001FE7J03YOV2V35 | Long             | EC               | CORP              | US        |     25375 | NS      | $538457.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc                            | PATRICK INDS INC                            | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |     35468 | NS      | $3045282.48   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Materion Corp                                     | MATERION CORP                               | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |     42112 | NS      | $3260732.16   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll Inc                                   | MILLERKNOLL INC                             | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |    138438 | NS      | $2335449.06   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap Inc                            | MARCUS & MILLICH                            | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |     48858 | NS      | $1407598.98   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Laboratories Inc                             | CORE LABORATORIE                            | CUSIP: 21867A105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49271 | NS      | $529663.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                               | MERCURY SYSTEMS                             | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |    103039 | NS      | $5074670.75   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleVerify Holdings Inc                         | DOUBLEVERIFY HOL                            | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125564 | NS      | $1725249.36   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc                                   | ROBERT HALF INC                             | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |    203940 | NS      | $9338412.60   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp                                     | RENASANT CORP                               | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |    187080 | NS      | $6557154.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp                               | WSFS FINANCIAL                              | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     64272 | NS      | $3399346.08   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Astec Industries Inc                              | ASTEC INDUSTRIES                            | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |     46467 | NS      | $1825688.43   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises Inc                            | WERNER ENT                                  | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |    125561 | NS      | $3258307.95   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                           | BRANDYWINE RLTY                             | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |    352397 | NS      | $1490639.31   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilltop Holdings Inc                              | HILLTOP HOLDINGS                            | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |     93424 | NS      | $2785903.68   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Park National Corp                                | PARK NATL CORP                              | CUSIP: 700658107<br>LEI: 984500Q3E941TDF87712 | Long             | EC               | CORP              | US        |     10032 | NS      | $1630801.92   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Express Inc                             | HEARTLAND EXPRES                            | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |     87380 | NS      | $782051.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Net Lease Inc                              | GLOBAL NET LEASE                            | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |    402010 | NS      | $3119597.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips Edison & Co Inc                          | PHILLIPS EDISON                             | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |    142354 | NS      | $5047872.84   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Hotel Properties Inc                       | SUMMIT HOTEL PRO                            | CUSIP: 866082100<br>LEI: 254900OBQWJK6X20LS71 | Long             | EC               | CORP              | US        |    111875 | NS      | $490012.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Steel Inc                             | WORTHINGTON STEE                            | CUSIP: 982104101<br>LEI: 2549009ZUUWL3QLK6G24 | Long             | EC               | CORP              | US        |     71106 | NS      | $1770539.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares Inc                     | DIME COMMUNITY B                            | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     79690 | NS      | $2044845.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Uniti Group Inc                                   | UNITI GROUP INC                             | CUSIP: 91325V108<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               | CORP              | US        |    262852 | NS      | $1130263.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interiors Inc                         | ETHAN ALLEN                                 | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45991 | NS      | $1201744.83   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions Inc                 | DONNELLEY FINANC                            | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |     31263 | NS      | $1703208.24   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Arlo Technologies Inc                             | ARLO TECHNOLOGIE                            | CUSIP: 04206A101<br>LEI: 549300T4EUX2OQ75HV52 | Long             | EC               | CORP              | US        |     87668 | NS      | $1255405.76   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Organon & Co                                      | ORGANON & CO                                | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               | CORP              | US        |    522649 | NS      | $4818823.78   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| National HealthCare Corp                          | NATL HEALTHCARE                             | CUSIP: 635906100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8999 | NS      | $937155.86    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports & Outdoors Inc                     | ACADEMY SPORTS &                            | CUSIP: 00402L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140849 | NS      | $5762132.59   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                                        | AZENTA INC                                  | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |     47395 | NS      | $1266394.40   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay General Bancorp                            | CATHAY GENERAL B                            | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |     72314 | NS      | $3099016.47   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                                      | ARCBEST CORP                                | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     47286 | NS      | $2964359.34   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibraltar Industries Inc                          | GIBRALTAR INDUST                            | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61574 | NS      | $3607004.92   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr Cooper Group Inc                               | MR COOPER GROUP                             | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |    103122 | NS      | $13357392.66  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Proto Labs Inc                                    | PROTO LABS INC                              | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |     49787 | NS      | $1841123.26   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp                       | NATIONAL-CL A                               | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42481 | NS      | $1535688.15   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Medical Properties Trust Inc                      | MEDICAL PROPERTI                            | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |   1219269 | NS      | $5572059.33   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Two Harbors Investment Corp                       | TWO HARBORS INVE                            | CUSIP: 90187B804<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EC               | CORP              | US        |    210368 | NS      | $2227797.12   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Corp                                          | CTS CORP                                    | CUSIP: 126501105<br>LEI: 549300YV1HQLBVHOI649 | Long             | EC               | CORP              | US        |     24371 | NS      | $991655.99    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                                          | FMC CORP                                    | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |    253430 | NS      | $10279120.80  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingevity Corp                                     | INGEVITY CORP                               | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |     36159 | NS      | $1495897.83   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Edge Properties                             | URBAN EDGE P                                | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    101832 | NS      | $1849269.12   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions Inc           | KRATOS DEFENSE &                            | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    130255 | NS      | $4805106.95   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusPoint Ltd                                   | SIRIUSPOINT LTD                             | CUSIP: G8192H106<br>LEI: 549300OGXFI85N3YZZ51 | Long             | EC               | CORP              | US        |    187268 | NS      | $3668580.12   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc         | HA SUSTAINABLE I                            | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |    111096 | NS      | $2782954.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| US Physical Therapy Inc                           | US PHYSICAL THER                            | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Long             | EC               | CORP              | US        |     15580 | NS      | $1168344.20   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp                                       | PLEXUS CORP                                 | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |     17551 | NS      | $2303744.26   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                                | LIBERTY ENERGY I                            | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    148004 | NS      | $1715366.36   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NV5 Global Inc                                    | NV5 GLOBAL INC                              | CUSIP: 62945V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105780 | NS      | $2337738.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonos Inc                                         | SONOS INC                                   | CUSIP: 83570H108<br>LEI: 549300WEPU6075I77M08 | Long             | EC               | CORP              | US        |    241760 | NS      | $2485292.80   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreCivic Inc                                     | CORECIVIC INC                               | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |    104783 | NS      | $2301034.68   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC                           | CUSHMAN & WAKEFI                            | CUSIP: G2717B108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    465803 | NS      | $4672004.09   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Deluxe Corp                                       | DELUXE CORP                                 | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |     89895 | NS      | $1282801.65   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                                      | CARTER'S INC                                | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |     73170 | NS      | $2295342.90   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries Inc                             | OXFORD INDS INC                             | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |     29993 | NS      | $1610024.24   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| World Kinect Corp                                 | WORLD KINECT COR                            | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |    117822 | NS      | $3227144.58   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Motor Products Inc                       | STANDARD MOTOR                              | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |     41761 | NS      | $1265358.30   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ProPetro Holding Corp                             | PROPETRO HOLDING                            | CUSIP: 74347M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    160377 | NS      | $866035.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services Corp                 | STEWART INFO SVC                            | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |     56343 | NS      | $3399736.62   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| PennyMac Mortgage Investment Trust                | PENNYMAC MORTGAG                            | CUSIP: 70931T103<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EC               | CORP              | US        |    176175 | NS      | $2163429.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ellington Financial Inc                           | ELLINGTON FINANC                            | CUSIP: 28852N109<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EC               | CORP              | US        |    184132 | NS      | $2314539.24   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corp                       | SIMMONS FIRST -A                            | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |    255150 | NS      | $4786614.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties Inc                          | HIGHWOODS PROP                              | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |     85155 | NS      | $2529103.50   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NeoGenomics Inc                                   | NEOGENOMICS INC                             | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    143476 | NS      | $1044505.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WK Kellogg Co                                     | WK KELLOGG CO                               | CUSIP: 92942W107<br>LEI: 529900SWC935GFWUJ804 | Long             | EC               | CORP              | US        |     50979 | NS      | $862564.68    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                        | KORN FERRY                                  | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     39765 | NS      | $2704417.65   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                                      | LINDSAY CORP                                | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |     12133 | NS      | $1691340.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Kulicke & Soffa Industries Inc                    | KULICKE & SOFFA                             | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |    108375 | NS      | $3484256.25   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc                            | DIGI INTL INC                               | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     30753 | NS      | $996704.73    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Inc                                      | TELEFLEX INC                                | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |     94296 | NS      | $11529571.92  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                           | PEBBLEBROOK HOTE                            | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |    121588 | NS      | $1116177.84   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Financial System Inc                    | COMMUNITY FINANC                            | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |     38466 | NS      | $2163327.84   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| USANA Health Sciences Inc                         | USANA HEALTH SCI                            | CUSIP: 90328M107<br>LEI: 549300YTURXE814MAH96 | Long             | EC               | CORP              | US        |     22364 | NS      | $668012.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                           | CENTURY COMMUNIT                            | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     55324 | NS      | $2869655.88   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrun Inc                                        | SUNRUN INC                                  | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |    455392 | NS      | $3410886.08   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| First Commonwealth Financial Corp                 | FIRST COMMON FIN                            | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |    109111 | NS      | $1704313.82   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                    | AMERIS BANCORP                              | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     68315 | NS      | $4199323.05   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co                               | ALLEGIANT TRAVEL                            | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |     29508 | NS      | $1640054.64   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive Inc                            | GROUP 1 AUTOMOTI                            | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |     13447 | NS      | $5700452.24   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings Inc                            | ENERGIZER HOLDIN                            | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |     77286 | NS      | $1799990.94   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes Inc                              | TRI POINTE HOMES                            | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93060 | NS      | $2743408.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp                              | QUAKER CHEMICAL                             | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |     27818 | NS      | $3016583.92   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| World Acceptance Corp                             | WORLD ACCEPTANCE                            | CUSIP: 981419104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6554 | NS      | $1012461.92   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dana Inc                                          | DANA INC                                    | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |    261970 | NS      | $4356561.10   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Viasat Inc                                        | VIASAT INC                                  | CUSIP: 92552V100<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | EC               | CORP              | US        |    172984 | NS      | $1510150.32   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp                    | ATLANTIC UNION B                            | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    264648 | NS      | $7944732.96   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo Inc                                         | QORVO INC                                   | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |    189605 | NS      | $14413772.10  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corp                                       | BANNER CORPORATI                            | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34318 | NS      | $2115704.70   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd                               | SIGNET JEWELERS                             | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | US        |     70270 | NS      | $4677873.90   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp                           | FIRST FIN BANCRP                            | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |    102681 | NS      | $2480772.96   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Corp/VA                                 | UNIVERSAL CORP                              | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |     50152 | NS      | $3279439.28   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| HB Fuller Co                                      | HB FULLER CO                                | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |    111028 | NS      | $6197582.96   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Saul Centers Inc                                  | SAUL CENTERS INC                            | CUSIP: 804395101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11486 | NS      | $386848.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc                                | ABM INDUSTRIES                              | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |    126300 | NS      | $6649695.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Cracker Barrel Old Country Store Inc              | CRACKER BARREL                              | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |     45185 | NS      | $2595426.40   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                                      | SANMINA CORP                                | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     57369 | NS      | $4858580.61   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA Pharmaceuticals Inc                        | ACADIA PHARMACEU                            | CUSIP: 004225108<br>LEI: 529900O3044NO0PEA039 | Long             | EC               | CORP              | US        |     77558 | NS      | $1672926.06   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TreeHouse Foods Inc                               | TREEHOUSE FOODS                             | CUSIP: 89469A104<br>LEI: 5493007M7EVHE470Q576 | Long             | EC               | CORP              | US        |     91769 | NS      | $2061131.74   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                              | RUSH ENTER-CL A                             | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     48070 | NS      | $2386675.50   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Voyix Corp                                    | NCR VOYIX CORP                              | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |    296358 | NS      | $3286610.22   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries Inc                            | INSTEEL INDS                                | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |     39451 | NS      | $1381574.02   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp                        | HORACE MANN EDUC                            | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |     82691 | NS      | $3591270.13   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co                                 | DXC TECHNOLOGY C                            | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |    367424 | NS      | $5584844.80   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corp                                      | NAVIENT CORP                                | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |    150571 | NS      | $2023674.24   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Mesa Laboratories Inc                             | MESA LABS                                   | CUSIP: 59064R109<br>LEI: 549300ZCG738WLX8ZW79 | Long             | EC               | CORP              | US        |      3636 | NS      | $365854.32    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NetScout Systems Inc                              | NETSCOUT SYSTEMS                            | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |    145707 | NS      | $3327947.88   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaiser Aluminum Corp                              | KAISER ALUMINUM                             | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32359 | NS      | $2348939.81   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Entertainment Inc                            | PENN ENTERTAINME                            | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    303682 | NS      | $4503604.06   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| LCI Industries                                    | LCI INDUSTRIES                              | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |     51695 | NS      | $4504702.30   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International Inc                           | TITAN INTL INC                              | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |     97099 | NS      | $702996.76    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestis Corp                                       | VESTIS CORP                                 | CUSIP: 29430C102<br>LEI: 254900QDW0TA2TMFAP59 | Long             | EC               | CORP              | US        |    232725 | NS      | $1433586.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp                              | SL GREEN REALTY                             | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |     42650 | NS      | $2421240.50   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Holdings Corp                            | WILLSCOT HOLDING                            | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |    113461 | NS      | $3057773.95   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks Inc/GA                     | UNITED COMMUNITY                            | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |    242390 | NS      | $6966288.60   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Acushnet Holdings Corp                            | ACUSHNET HOLDING                            | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Long             | EC               | CORP              | US        |     24440 | NS      | $1667785.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphastar Pharmaceuticals Inc                     | AMPHASTAR PHARMA                            | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |     28079 | NS      | $721911.09    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| GMS Inc                                           | GMS INC                                     | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |     28365 | NS      | $2148081.45   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc                                | CARETRUST REI                               | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |    194333 | NS      | $5589017.08   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Monro Inc                                         | MONRO INC                                   | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60596 | NS      | $928936.68    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Employers Holdings Inc                            | EMPLOYERS HOLDIN                            | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24122 | NS      | $1174017.74   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp                             | INDEP BANK/MA                               | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |     86296 | NS      | $5307204.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Enterprises Inc                       | WORTHINGTON ENTE                            | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |     62961 | NS      | $3709032.51   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy Inc                          | PATTERSON-UTI                               | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |    713980 | NS      | $3941169.60   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenandoah Telecommunications Co                  | SHENANDOAH TELEC                            | CUSIP: 82312B106<br>LEI: 549300XH3H4OUKFPHS84 | Long             | EC               | CORP              | US        |     93239 | NS      | $1172946.62   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR Real Estate Finance Trust Inc                 | KKR REAL ESTATE                             | CUSIP: 48251K100<br>LEI: 549300K23AYZDZ2REL62 | Long             | EC               | CORP              | US        |    117321 | NS      | $1047676.53   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp                    | CENTRAL PACIFIC                             | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |     20817 | NS      | $555813.90    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp                                 | GETTY REALTY                                | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     58513 | NS      | $1712090.38   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Energy Inc                                  | VITAL ENERGY INC                            | CUSIP: 516806205<br>LEI: 549300X0PTWU2QSLSL14 | Long             | EC               | CORP              | US        |     54833 | NS      | $815915.04    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Golden Entertainment Inc                          | GOLDEN ENTERTAIN                            | CUSIP: 381013101<br>LEI: 549300P8YYCKQVJ0Y638 | Long             | EC               | CORP              | US        |     41786 | NS      | $1192154.58   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Genworth Financial Inc                            | GENWORTH FINANCI                            | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |    866981 | NS      | $6112216.05   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                                     | MYR GROUP INC/DE                            | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |     14072 | NS      | $2207193.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Avanos Medical Inc                                | AVANOS MEDICAL I                            | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |     92998 | NS      | $1168984.86   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Capital Group Inc                          | ENCORE CAPITAL G                            | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |     48315 | NS      | $1831138.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewell Personal Care Co                         | EDGEWELL PERSONA                            | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |     97848 | NS      | $2702561.76   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| N-able Inc/US                                     | N-ABLE INC                                  | CUSIP: 62878D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     79987 | NS      | $623098.73    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolfspeed Inc                                     | WOLFSPEED INC                               | CUSIP: 977852102<br>LEI: 549300OGU88P3AW3TO93 | Long             | EC               | CORP              | US        |    188875 | NS      | $224761.25    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Chemours Co/The                                   | CHEMOURS CO                                 | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |    303316 | NS      | $3072591.08   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Trustmark Corp                                    | TRUSTMARK CORP                              | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |    123783 | NS      | $4265562.18   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin Inc                           | ALEXANDER & BALD                            | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    147302 | NS      | $2638178.82   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd                              | ASSURED GUARANTY                            | CUSIP: G0585R106<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | US        |     49531 | NS      | $4187846.05   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| A10 Networks Inc                                  | A10 NETWORKS INC                            | CUSIP: 002121101<br>LEI: 549300UQD4IWUML81Q35 | Long             | EC               | CORP              | US        |     59925 | NS      | $1034305.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| John B Sanfilippo & Son Inc                       | JOHN B SANFILIPP                            | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Long             | EC               | CORP              | US        |     18372 | NS      | $1141636.08   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Metallurgical Resources Inc                 | ALPHA METALLURGI                            | CUSIP: 020764106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8224 | NS      | $921416.96    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Group Inc                                 | TRIUMPH GROUP                               | CUSIP: 896818101<br>LEI: 5493007L6S47Q14SL582 | Long             | EC               | CORP              | US        |     62807 | NS      | $1619792.53   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor Inc                                    | FORMFACTOR INC                              | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |     86487 | NS      | $2581636.95   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| John Wiley & Sons Inc                             | WILEY JOHN&SON-A                            | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |     34132 | NS      | $1335243.84   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Stepan Co                                         | STEPAN CO                                   | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |     42944 | NS      | $2331429.76   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| United Natural Foods Inc                          | UNITED NATURAL                              | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |    121557 | NS      | $3715997.49   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp Inc                                          | YELP INC                                    | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |     60140 | NS      | $2295543.80   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                               | CLEARWAY ENERG-A                            | CUSIP: 18539C105<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     69510 | NS      | $2005363.50   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Safehold Inc                                      | SAFEHOLD INC                                | CUSIP: 78646V107<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               | CORP              | US        |     93270 | NS      | $1405578.90   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp                                 | FB FINANCIAL COR                            | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |     39119 | NS      | $1707544.35   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider National Inc                            | SCHNEIDER NATL-B                            | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |     95357 | NS      | $2209421.69   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp                         | CHESAPEAKE UTIL                             | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |     19874 | NS      | $2428404.06   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | Vanguard Market Liquidity Fund              | CUSIP: N/A<br>LEI: 1I6HV0TLSTR3A4XQ6L78       | Long             | STIV             | CORP              | US        |     64567 | NS      | $6456036.93   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonic Automotive Inc                              | SONIC AUTOMOTI-A                            | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |     29683 | NS      | $2075732.19   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                                 | MP MATERIALS COR                            | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |    137231 | NS      | $2990263.49   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CEVA Inc                                          | CEVA INC                                    | CUSIP: 157210105<br>LEI: 529900G9T7CVU2J2VU73 | Long             | EC               | CORP              | US        |     24866 | NS      | $466486.16    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient PLC                                        | ADIENT PLC                                  | CUSIP: G0084W101<br>LEI: 5493002QLDY8O75RTR78 | Long             | EC               | CORP              | US        |    170331 | NS      | $2655460.29   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| California Water Service Group                    | CALIF WATER SRVC                            | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |    120772 | NS      | $5706477.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin BSP Realty Trust Inc                     | FRANKLIN BSP REA                            | CUSIP: 35243J101<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EC               | CORP              | US        |    168505 | NS      | $1858610.15   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis Inc                                    | ZIFF DAVIS INC                              | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |     86763 | NS      | $2814591.72   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Adeia Inc                                         | ADEIA INC                                   | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    139709 | NS      | $1793863.56   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Radian Group Inc                                  | RADIAN GROUP INC                            | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |    162030 | NS      | $5533324.50   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Macerich Co/The                                   | MACERICH CO                                 | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |    171516 | NS      | $2775128.88   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Walker & Dunlop Inc                               | WALKER & DUNLOP                             | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65129 | NS      | $4460685.21   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens & Minor Inc                                 | OWENS & MINOR                               | CUSIP: 690732102<br>LEI: 549300LMT5KQQXCEZ733 | Long             | EC               | CORP              | US        |    150038 | NS      | $990250.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| QuidelOrtho Corp                                  | QUIDELORTHO CORP                            | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |    133815 | NS      | $4104106.05   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Myriad Genetics Inc                               | MYRIAD GENETICS                             | CUSIP: 62855J104<br>LEI: 52990044IHUOUMETT163 | Long             | EC               | CORP              | US        |    184954 | NS      | $774957.26    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp                               | ADDUS HOMECARE                              | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |     13840 | NS      | $1534994.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hub Group Inc                                     | HUB GROUP-A                                 | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    123290 | NS      | $4156105.90   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitol Federal Financial Inc                     | CAPITOL FEDERAL                             | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    248076 | NS      | $1416513.96   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sally Beauty Holdings Inc                         | SALLY BEAUTY HOL                            | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |    207130 | NS      | $1804102.30   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group Inc                                   | ALAMO GROUP                                 | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |     11796 | NS      | $2336079.84   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO Inc                                           | RXO INC                                     | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |    152158 | NS      | $2363013.74   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Upbound Group Inc                                 | UPBOUND GROUP IN                            | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |    103756 | NS      | $2380162.64   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoe Carnival Inc                                 | SHOE CARNIVAL                               | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35746 | NS      | $687038.12    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners Inc                    | VIRTUS INVEST                               | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |      8170 | NS      | $1394619.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MarineMax Inc                                     | MARINEMAX INC                               | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |     40641 | NS      | $861589.20    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc                                    | BANKUNITED INC                              | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |     81918 | NS      | $2783573.64   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes Inc                                        | DIODES INC                                  | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |     94058 | NS      | $4176175.20   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| American States Water Co                          | AMER STATES WATE                            | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |     38388 | NS      | $3027661.56   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corp                              | JETBLUE AIRWAYS                             | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |    616752 | NS      | $3114597.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Management Inc             | ARTISAN PARTNE-A                            | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |     73966 | NS      | $2980829.80   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP Inc                                        | EZCORP INC-A                                | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |    105475 | NS      | $1418638.75   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorian LPG Ltd                                    | DORIAN LPG LTD                              | CUSIP: Y2106R110<br>LEI: 549300WP1W2WGMC7F395 | Long             | EC               | CORP              | US        |     73925 | NS      | $1582734.25   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp                                       | ROGERS CORP                                 | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |     34501 | NS      | $2296731.57   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovative Industrial Properties Inc              | INNOVATIVE INDUS                            | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |     18430 | NS      | $1017704.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| John Bean Technologies Corp                       | JBT MAREL CORP                              | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |     54370 | NS      | $6242219.70   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett Inc                                | DOUGLAS EMMETT                              | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    142819 | NS      | $2032314.37   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Elme Communities                                  | ELME COMMUNITIES                            | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               | CORP              | US        |     73351 | NS      | $1178017.06   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties                              | JBG SMITH PROPER                            | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    171600 | NS      | $2934360.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare Inc                  | PRESTIGE CONSUME                            | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40206 | NS      | $3444448.02   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TripAdvisor Inc                                   | TRIPADVISOR INC                             | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |     73823 | NS      | $1051239.52   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Guess? Inc                                        | GUESS? INC                                  | CUSIP: 401617105<br>LEI: 549300QVH3ZK2DW0KP86 | Long             | EC               | CORP              | US        |     55185 | NS      | $578338.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| First Hawaiian Inc                                | FIRST HAWAIIA                               | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |    146376 | NS      | $3495458.88   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandisk Corp/DE                                   | SANDISK CORP                                | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    233949 | NS      | $8817537.81   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc                        | APPLE HOSPITALIT                            | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |    230908 | NS      | $2676223.72   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| National Beverage Corp                            | NATL BEVERAGE                               | CUSIP: 635017106<br>LEI: 549300O9MZIQJI8TGV17 | Long             | EC               | CORP              | US        |     22851 | NS      | $1033550.73   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Co/The                          | SIMPLY GOOD FOOD                            | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100750 | NS      | $3476882.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwood Trust Inc                                 | REDWOOD TRUST                               | CUSIP: 758075402<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EC               | CORP              | US        |    269075 | NS      | $1466458.75   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Matthews International Corp                       | MATTHEWS INTL-A                             | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |     63197 | NS      | $1355575.65   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp                        | STANDEX INTL CO                             | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |      8458 | NS      | $1276650.52   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings Inc                             | LIVERAMP HOLDING                            | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     64131 | NS      | $2089387.98   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corp                         | CALIFORNIA RESOU                            | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |    144636 | NS      | $6388572.12   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Xerox Holdings Corp                               | XEROX HOLDINGS C                            | CUSIP: 98421M106<br>LEI: 5493000Y33XDVO2CXC18 | Long             | EC               | CORP              | US        |    235061 | NS      | $1149448.29   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SunCoke Energy Inc                                | SUNCOKE ENERGY I                            | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |    171158 | NS      | $1393226.12   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Armada Hoffler Properties Inc                     | ARMADA HOFFLER P                            | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               | CORP              | US        |     58055 | NS      | $404062.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp                        | SENSIENT TECHNOL                            | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |     40432 | NS      | $3822036.96   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes PLC                                      | ALKERMES PLC                                | CUSIP: G01767105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    118779 | NS      | $3635825.19   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp                                   | OTTER TAIL CORP                             | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46734 | NS      | $3606930.12   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanmi Financial Corp                              | HANMI FINL CORP                             | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |     60941 | NS      | $1396767.72   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hope Bancorp Inc                                  | HOPE BANCORP INC                            | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |    256980 | NS      | $2580079.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategic Education Inc                           | STRATEGIC EDUCAT                            | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |     49378 | NS      | $4504754.94   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Supernus Pharmaceuticals Inc                      | SUPERNUS PHARMAC                            | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |     54939 | NS      | $1741566.30   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of California Inc                            | BANC OF CALIFORN                            | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    279641 | NS      | $3836674.52   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc                             | JACKSON FI-A                                | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |    149952 | NS      | $12282568.32  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SpartanNash Co                                    | SPARTANNASH CO                              | CUSIP: 847215100<br>LEI: 549300TV3QCCSQLF5X16 | Long             | EC               | CORP              | US        |     68878 | NS      | $1340365.88   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc                                      | LA-Z-BOY INC                                | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |     84149 | NS      | $3525001.61   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection Inc                                 | PC CONNECTION                               | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |     25077 | NS      | $1640035.80   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp                               | MERITAGE HOMES C                            | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |    146895 | NS      | $9343990.95   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group Inc                       | ASBURY AUTO GRP                             | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |     39772 | NS      | $9064436.52   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters Inc                              | URBAN OUTFITTER                             | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |     62820 | NS      | $4391118.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanex Building Products Corp                     | QUANEX BUILDING                             | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               | CORP              | US        |     95925 | NS      | $1604825.25   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CONMED Corp                                       | CONMED CORP                                 | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |     62708 | NS      | $3558679.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corp of Florida                  | SEACOAST BANK/FL                            | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |    172102 | NS      | $4445394.66   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| eXp World Holdings Inc                            | EXP WORLD HOLDIN                            | CUSIP: 30212W100<br>LEI: 549300TWVVZC283VEC32 | Long             | EC               | CORP              | US        |    172096 | NS      | $1466257.92   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | E-Mini Russ 2000  Jun25                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |        31 | NC      | $141081.82    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NBT Bancorp Inc                                   | NBT BANCORP INC                             | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59386 | NS      | $2485304.10   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc                            | ADVANCE AUTO PAR                            | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |    120463 | NS      | $5773791.59   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI Corp                                          | HNI CORP                                    | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |     46573 | NS      | $2167041.69   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc                       | AMN HEALTHCARE                              | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |     77292 | NS      | $1631634.12   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Leggett & Platt Inc                               | LEGGETT & PLATT                             | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |    273100 | NS      | $2474286.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack in the Box Inc                               | JACK IN THE BOX                             | CUSIP: 466367109<br>LEI: 5493002OJW26P0SUUP68 | Long             | EC               | CORP              | US        |     38350 | NS      | $727307.75    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mortgage Trust Inc                       | NEW YORK MTGE                               | CUSIP: 649604840<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EC               | CORP              | US        |    183974 | NS      | $1201350.22   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu Inc                                          | COHU INC                                    | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |     95103 | NS      | $1623408.21   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Buckle Inc/The                                    | THE BUCKLE INC                              | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |     30388 | NS      | $1294832.68   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alarm.com Holdings Inc                            | ALARM.COM HOLDIN                            | CUSIP: 011642105<br>LEI: 549300HIH92U1EKIHZ32 | Long             | EC               | CORP              | US        |     40138 | NS      | $2303921.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co Inc                          | FRANKLIN ELEC CO                            | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |     31077 | NS      | $2684742.03   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc                         | MINERALS TECH                               | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |     64681 | NS      | $3672587.18   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Commercial Real Estate Finance Inc         | APOLLO COMMERCIA                            | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               | CORP              | US        |    259339 | NS      | $2549302.37   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems Inc                    | TELEPHONE & DATA                            | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    197979 | NS      | $6802558.44   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology Inc                        | VISHAY INTERTECH                            | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |    228195 | NS      | $3210703.65   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Foot Locker Inc                                   | FOOT LOCKER INC                             | CUSIP: 344849104<br>LEI: 549300X383CBNP6MTV94 | Long             | EC               | CORP              | US        |    167648 | NS      | $3983316.48   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group Inc                               | STEPSTONE GROU-A                            | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57588 | NS      | $3331465.80   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| WD-40 Co                                          | WD-40 CO                                    | CUSIP: 929236107<br>LEI: 549300UZHTN0CNKBOB19 | Long             | EC               | CORP              | US        |     10727 | NS      | $2613419.01   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Country Airlines Holdings Inc                 | SUN COUNTRY HOLD                            | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |     79994 | NS      | $926330.52    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc                                    | PHOTRONICS INC                              | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |     74572 | NS      | $1246098.12   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmonic Inc                                      | HARMONIC INC                                | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |    116582 | NS      | $1051569.64   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicor Corp                                        | VICOR CORP                                  | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Long             | EC               | CORP              | US        |     20624 | NS      | $900031.36    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennametal Inc                                    | KENNAMETAL INC                              | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |    157071 | NS      | $3381738.63   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholastic Corp                                   | SCHOLASTIC CORP                             | CUSIP: 807066105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50215 | NS      | $867213.05    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | Receive MR COOPER GROUP Pay Overnight Rate  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |     26000 | NC      | $262709.53    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MGP Ingredients Inc                               | MGP INGREDIENTS                             | CUSIP: 55303J106<br>LEI: 2549006OMHFVZ4MS8538 | Long             | EC               | CORP              | US        |     28424 | NS      | $836234.08    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp                             | LINCOLN NATL CRP                            | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |    345849 | NS      | $11461435.86  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp                                      | KNOWLES CORP                                | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |    178009 | NS      | $2921127.69   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| United Fire Group Inc                             | UNITED FIRE GROU                            | CUSIP: 910340108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43256 | NS      | $1230633.20   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group Inc                           | PRIVIA HEALTH GR                            | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64977 | NS      | $1478876.52   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Financial Corp/WA                        | HERITAGE FINL                               | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68969 | NS      | $1612495.22   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group Inc                  | HELIX ENERGY SOL                            | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |    124404 | NS      | $770060.76    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB Financial Corp                                | CVB FINANCIAL                               | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    157208 | NS      | $2947650.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Angi Inc                                          | ANGI INC                                    | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |     89493 | NS      | $1400565.45   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Extreme Networks Inc                              | EXTREME NETWORKS                            | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |    140231 | NS      | $2197419.77   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies Inc                            | LUMEN TECHNOLOGI                            | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |   1009998 | NS      | $3959192.16   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corp                            | AMER WOODMARK CO                            | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |     30566 | NS      | $1723005.42   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                               | CLEARWAY ENERG-C                            | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |    168908 | NS      | $5197299.16   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd                           | G III APPAREL                               | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |     78399 | NS      | $2277490.95   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro Inc                                         | ENPRO INC                                   | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |     16191 | NS      | $2997601.74   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| American Assets Trust Inc                         | AMERICAN ASSETS                             | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39174 | NS      | $781129.56    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group Inc                           | MDU RES GROUP                               | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    413936 | NS      | $7115559.84   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Gogo Inc                                          | GOGO INC                                    | CUSIP: 38046C109<br>LEI: 549300VL3DIHSFHYTO04 | Long             | EC               | CORP              | US        |     64585 | NS      | $685246.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW Inc                                          | DNOW INC                                    | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |     92234 | NS      | $1330014.28   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Bancshares Inc                          | NORTHWEST BANCSH                            | CUSIP: 667340103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    258647 | NS      | $3176185.16   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristow Group Inc                                 | BRISTOW GROUP IN                            | CUSIP: 11040G103<br>LEI: 5493005Q24EN3UC1PV68 | Long             | EC               | CORP              | US        |     49966 | NS      | $1462005.16   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Steven Madden Ltd                                 | STEVEN MADDEN                               | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     49850 | NS      | $1228802.50   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Koppers Holdings Inc                              | KOPPERS HOLDINGS                            | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41181 | NS      | $1265080.32   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp/Southern Pines NC                   | FIRST BANCORP/NC                            | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     83904 | NS      | $3471108.48   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings Inc                              | AMENTUM HOLDINGS                            | CUSIP: 023939101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    291307 | NS      | $6018402.62   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Arbor Realty Trust Inc                            | ARBOR REALTY TRU                            | CUSIP: 038923108<br>LEI: 549300ASFUWYQO0RW077 | Long             | EC               | CORP              | US        |    382696 | NS      | $3666227.68   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Pacira BioSciences Inc                            | PACIRA BIOSCIENC                            | CUSIP: 695127100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93731 | NS      | $2422009.04   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen of Troy Ltd                                 | HELEN OF TROY                               | CUSIP: G4388N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46400 | NS      | $1247696.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthStream Inc                                  | HEALTHSTREAM INC                            | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               | CORP              | US        |     20415 | NS      | $572028.30    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand Inc                                   | MASTERBRAND                                 | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |    257964 | NS      | $2631232.80   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Safety Insurance Group Inc                        | SAFETY INSURANCE                            | CUSIP: 78648T100<br>LEI: 254900LDCFLA3J746840 | Long             | EC               | CORP              | US        |     30098 | NS      | $2472249.72   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PriceSmart Inc                                    | PRICESMART INC                              | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |     50356 | NS      | $5437440.88   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentherm Inc                                      | GENTHERM INC                                | CUSIP: 37253A103<br>LEI: HKM6YX1U5JS60TCUB219 | Long             | EC               | CORP              | US        |     63024 | NS      | $1724651.76   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Veritex Holdings Inc                              | VERITEX HOLDINGS                            | CUSIP: 923451108<br>LEI: 549300F3SMOML02SC814 | Long             | EC               | CORP              | US        |    110702 | NS      | $2678988.40   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cars.com Inc                                      | CARS.COM INC                                | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |     67484 | NS      | $691711.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Enviri Corp                                       | ENVIRI CORP                                 | CUSIP: 415864107<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | EC               | CORP              | US        |    162791 | NS      | $1326746.65   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Medical Holdings Corp                      | SELECT MEDICAL                              | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    212226 | NS      | $3244935.54   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC Group Inc                                     | BGC GROUP INC-A                             | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |    341829 | NS      | $3172173.12   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc                          | RESIDEO TECHN                               | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |    298414 | NS      | $6177169.80   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc                          | ULTRA CLEAN HOLD                            | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |     91554 | NS      | $1773400.98   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanesbrands Inc                                   | HANESBRANDS INC                             | CUSIP: 410345102<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | EC               | CORP              | US        |    336797 | NS      | $1667145.15   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Atleos Corp                                   | NCR ATLEOS CORP                             | CUSIP: 63001N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82405 | NS      | $2184556.55   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Newell Brands Inc                                 | NEWELL BRANDS IN                            | CUSIP: 651229106<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | EC               | CORP              | US        |    844171 | NS      | $4474106.30   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Westamerica BanCorp                               | WESTAMERICA BANC                            | CUSIP: 957090103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24433 | NS      | $1174005.65   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J Snack Foods Corp                            | J & J SNACK FOOD                            | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |     14280 | NS      | $1644627.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AdvanSix Inc                                      | ADVANSIX INC                                | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |     54308 | NS      | $1276781.08   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Phinia Inc                                        | PHINIA INC                                  | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |     40631 | NS      | $1763385.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PRA Group Inc                                     | PRA GROUP INC                               | CUSIP: 69354N106<br>LEI: 549300Q5HW3JSSB86K27 | Long             | EC               | CORP              | US        |     80099 | NS      | $1136604.81   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co                                        | TENNANT CO                                  | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |     38323 | NS      | $2851997.66   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| S&T Bancorp Inc                                   | S & T BANCORP                               | CUSIP: 783859101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36540 | NS      | $1339556.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc                                  | STONEX GROUP INC                            | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |     40890 | NS      | $3461542.95   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortrea Holdings Inc                              | FORTREA HOLDINGS                            | CUSIP: 34965K107<br>LEI: 5493000FIVFABOVCDU97 | Long             | EC               | CORP              | US        |    181510 | NS      | $780493.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd                                | ICHOR HOLDINGS L                            | CUSIP: G4740B105<br>LEI: 529900PS8R2JVLJ2H892 | Long             | EC               | CORP              | US        |     68771 | NS      | $1085206.38   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitestone REIT                                   | WHITESTONE REI                              | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45093 | NS      | $555545.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentra Group Holdings Parent Inc               | CONCENTRA GROUP                             | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129709 | NS      | $2805605.67   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries Inc                    | ADV ENERGY INDS                             | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |     39011 | NS      | $4477682.58   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                                     | CABLE ONE INC                               | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |      9352 | NS      | $1368478.16   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                                       | OFG BANCORP                                 | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | US        |     38242 | NS      | $1573275.88   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERTEC Inc                                       | EVERTEC INC                                 | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45209 | NS      | $1637922.07   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria's Secret & Co                            | VICTORIA'S SECRE                            | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |    159550 | NS      | $3384055.50   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | Receive SIGNET JEWELERS Pay Overnight Rate  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |     18000 | NC      | $132890.81    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Etsy Inc                                          | ETSY INC                                    | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |    116454 | NS      | $6445728.90   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ProAssurance Corp                                 | PROASSURANCE COR                            | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |    103808 | NS      | $2407307.52   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Enact Holdings Inc                                | ENACT HOLDINGS I                            | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |     45703 | NS      | $1617886.20   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Middlesex Water Co                                | MIDDLESEX WATER                             | CUSIP: 596680108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18065 | NS      | $1046866.75   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                                      | SM ENERGY CO                                | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    116151 | NS      | $2720256.42   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| RPC Inc                                           | RPC INC                                     | CUSIP: 749660106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80227 | NS      | $356207.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitil Corp                                       | UNITIL CORP                                 | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20150 | NS      | $1104824.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp                                       | NEOGEN CORP                                 | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |    400847 | NS      | $2348963.42   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Marten Transport Ltd                              | MARTEN TRANSPORT                            | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    117503 | NS      | $1532239.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vir Biotechnology Inc                             | VIR BIOTECHNOLOG                            | CUSIP: 92764N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    186712 | NS      | $922357.28    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | Vanguard Market Liquidity Fund              | CUSIP: N/A<br>LEI: 1I6HV0TLSTR3A4XQ6L78       | Long             | STIV             | CORP              | US        |     90780 | NS      | $9077056.20   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp                                   | SEALED AIR CORP                             | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |    180451 | NS      | $5810522.20   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Topgolf Callaway Brands Corp                      | TOPGOLF CALLAWAY                            | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |    287720 | NS      | $1824144.80   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | Receive WILLSCOT HOLDING Pay Overnight Rate | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |     29000 | NC      | $50524.90     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Brookline Bancorp Inc                             | BROOKLINE BANCRP                            | CUSIP: 11373M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    180781 | NS      | $1867467.73   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                                    | BORGWARNER INC                              | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |    443933 | NS      | $14689742.97  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Integra LifeSciences Holdings Corp                | INTEGRA LIFESCIE                            | CUSIP: 457985208<br>LEI: WB7IJCYY8YFTENS4O147 | Long             | EC               | CORP              | US        |    134698 | NS      | $1705276.68   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ScanSource Inc                                    | SCANSOURCE INC                              | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |     43810 | NS      | $1769047.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Schrodinger Inc/United States                     | SCHRODINGER INC                             | CUSIP: 80810D103<br>LEI: 984500044BAE4791E559 | Long             | EC               | CORP              | US        |     52903 | NS      | $1143762.86   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc                                        | MATSON INC                                  | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     24280 | NS      | $2739998.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradata Corp                                     | TERADATA CORP                               | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |    126253 | NS      | $2772515.88   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennedy-Wilson Holdings Inc                       | KENNEDY-WILSON H                            | CUSIP: 489398107<br>LEI: 549300MOI1T78144X610 | Long             | EC               | CORP              | US        |    150646 | NS      | $959615.02    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Talos Energy Inc                                  | TALOS ENERGY INC                            | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |    252193 | NS      | $2027631.72   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes Inc                                     | M/I HOMES INC                               | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     25958 | NS      | $2767382.38   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Inc                                        | TANGER INC                                  | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     74232 | NS      | $2212113.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Perdoceo Education Corp                           | PERDOCEO EDUCATI                            | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |     58922 | NS      | $2005704.88   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries Inc                          | WINNEBAGO INDS                              | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |     57636 | NS      | $1955589.48   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp Inc                                 | EAGLE BANCRP INC                            | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Long             | EC               | CORP              | US        |     61676 | NS      | $1085497.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corp                                     | CELANESE CORP                               | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |    221919 | NS      | $11723980.77  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| MaxLinear Inc                                     | MAXLINEAR                                   | CUSIP: 57776J100<br>LEI: 549300EMOI0SM2IY4F64 | Long             | EC               | CORP              | US        |    156376 | NS      | $1781122.64   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mister Car Wash Inc                               | MISTER CAR WASH                             | CUSIP: 60646V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100223 | NS      | $709578.84    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Corsair Gaming Inc                                | CORSAIR GAMING I                            | CUSIP: 22041X102<br>LEI: 549300Y7YT18L8G0H525 | Long             | EC               | CORP              | US        |     91101 | NS      | $800777.79    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Shutterstock Inc                                  | SHUTTERSTOCK INC                            | CUSIP: 825690100<br>LEI: 529900G2TDIS56V0LO22 | Long             | EC               | CORP              | US        |     48621 | NS      | $897057.45    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co                                | CRESCENT ENERG-A                            | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    371273 | NS      | $3114980.47   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Par Pacific Holdings Inc                          | PAR PACIFIC HOLD                            | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |    113610 | NS      | $2452839.90   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynavax Technologies Corp                         | DYNAVAX TECHNOLO                            | CUSIP: 268158201<br>LEI: 549300T5URIXWDILX594 | Long             | EC               | CORP              | US        |    146459 | NS      | $1433833.61   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| National Vision Holdings Inc                      | NATIONAL VISION                             | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |    159947 | NS      | $3168550.07   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicell Inc                                      | OMNICELL INC                                | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |     94005 | NS      | $2854931.85   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions Inc                               | VIAVI SOLUTIONS                             | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |    257039 | NS      | $2341625.29   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Grid Dynamics Holdings Inc                        | GRID DYNAMICS HO                            | CUSIP: 39813G109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42432 | NS      | $531672.96    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

**Name of Applicant:** VANGUARD ADMIRAL FUNDS

**Signature:** Ashley Grim

**Name of Signer:** Ashley Grim

**Title:** Treasurer