# EDGAR Filing Document

**Accession Number:** 0001699360
**File Stem:** 0001145549-25-042290
**Filing Date:** 2025-6
**Character Count:** 216919
**Document Hash:** d081cc04b1cdfbe30a5e062bd14f5ad8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-042290.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001145549-25-042290

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20250430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Morningstar Funds Trust
- **CENTRAL INDEX KEY:** 0001699360

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23235
- **FILM NUMBER:** 251077262

**BUSINESS ADDRESS:**
- **STREET 1:** 22 W. WASHINGTON STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60602
- **BUSINESS PHONE:** 312-696-6000

**MAIL ADDRESS:**
- **STREET 1:** 22 W. WASHINGTON STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60602

## Series and Classes Contracts Data

### Morningstar U.S. Equity Fund (Series ID: S000057727)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000186138 | Institutional | MSTQX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Morningstar Funds Trust

- **b. Investment Company Act file number:** 811-23235

- **c. CIK number of Registrant:** 0001699360

- **d. LEI of Registrant:** 254900AE65UZA65M0T82

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

  - **Street Address 1:** 22 W. WASHINGTON STREET

  - **City:** CHICAGO

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60602

  - **Telephone number:** 312-696-6000

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

- **a. Name of Series:** Morningstar U.S. Equity Fund

- **b. EDGAR series identifier (if any):** S000057727

- **c. LEI of Series:** 254900C0NBEPQBRBON27

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

- **a. Date of fiscal year-end:** 2025-04-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1605353581.67

**Total Liabilities:** $1250957.23

**Net Assets:** $1604102624.44

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000186138 | -1.44%               | -5.01%               | -1.22%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $11599239.57             | $-36554618.95                              |
| Month 2  | $23674988.67             | $-108502761.37                             |
| Month 3  | $931230.80               | $-18668641.99                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Parker-Hannifin Corp.                          | Parker-Hannifin Corp. COM USD0.50                                      | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      6946 | NS      | $4202746.76   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |     66983 | NS      | $66983.42     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| South Bow Corp.                                | South Bow Corp. COM                                                    | CUSIP: 83671M105<br>LEI: 2549000XS5TAFA3YF943 | Long             | EC               | CORP              | CA        |      7643 | NS      | $188774.23    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                            | Walt Disney Company COM DISNEY USD0.01                                 | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     61724 | NS      | $5613797.80   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc.                                  | Enbridge Inc. COM NPV                                                  | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     41557 | NS      | $1943406.20   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |     22905 | NS      | $22904.54     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners L.P.              | Enterprise Products Partners L.P. COM UNITS REP LIM PART INT           | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |     35406 | NS      | $1058639.40   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains All American Pipeline L.P.              | Plains All American Pipeline L.P. UNIT REP LIM PART INT NPV            | CUSIP: 726503105<br>LEI: 5521FA2ITF25TVH63740 | Long             | EC               | CORP              | US        |     36118 | NS      | $630620.28    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                            | Comcast Corporation COM USD0.01 CL A                                   | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    174155 | NS      | $5956101.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)                  | Williams Companies Inc. (The) COM USD1.00                              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     25876 | NS      | $1515557.32   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.                          | Targa Resources Corp. COM USD0.001                                     | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      3087 | NS      | $527568.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                               | DT Midstream Inc COMMON STOCK                                          | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3731 | NS      | $362653.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                                 | Blackrock Inc. COM                                                     | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      4561 | NS      | $4169939.86   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                         | Trane Technologies PLC COM USD1                                        | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      2751 | NS      | $1054485.81   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                                        | MPLX LP COM UNIT REPSTG LTD PARTNER                                    | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |     14610 | NS      | $744087.30    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Midstream Partners LP                  | Western Midstream Partners LP COM UNITS REP LTD PTNR INTR              | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13301 | NS      | $500117.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corporation                   | Antero Midstream Corporation COM USD1.00                               | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20562 | NS      | $340301.10    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                                 | TC Energy Corp COM NPV                                                 | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |     33516 | NS      | $1693304.37   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances Inc.        | International Flavors & Fragrances Inc. COM USD0.125                   | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |         0 | NS      | $0.31         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                      | KLA Corp. COM USD0.001                                                 | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      5707 | NS      | $4010251.83   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                              | Wells Fargo & Co. COM USD1.666                                         | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     33698 | NS      | $2392894.98   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Paccar Inc                                     | Paccar Inc COM USD1.00                                                 | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     43574 | NS      | $3930810.54   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |       888 | NS      | $887.88       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                 | S&P Global Inc COM USD1                                                | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     12885 | NS      | $6443144.25   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                      | Airbus SE UNSPON ADR EA REPR 0.25 ORD                                  | CUSIP: 009279100<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |     49933 | NS      | $2150614.31   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                                    | Pepsico Inc CAP USD0.016666                                            | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     29108 | NS      | $3946462.64   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                    | Pfizer Inc. COM USD0.05                                                | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    199470 | NS      | $4869062.70   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc.              | PNC Financial Services Group Inc. COM USD5                             | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     33781 | NS      | $5428268.89   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                    | The Progressive Corporation COM USD1.00                                | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     58038 | NS      | $16351626.12  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics, Inc.                         | Verisk Analytics, Inc. COM USD0.001                                    | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |       665 | NS      | $197125.95    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                          | NXP Semiconductors NV EUR0.20                                          | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |      1230 | NS      | $226701.30    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                             | HCA Healthcare Inc COM USD0.01                                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      2011 | NS      | $693955.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                                       | CDW Corp COM USD0.01                                                   | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |       641 | NS      | $102918.96    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                                   | Tapestry Inc COM USD0.01                                               | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      1976 | NS      | $139604.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding PLC               | Sensata Technologies Holding PLC COM EUR0.01                           | CUSIP: G8060N102<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | GB        |      1997 | NS      | $42735.80     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                          | NXP Semiconductors NV EUR0.20                                          | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     22652 | NS      | $4174990.12   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                     | Chubb Ltd. ORD CHF24.15                                                | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     22176 | NS      | $6344110.08   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                                 | Blackrock Inc. COM                                                     | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      1299 | NS      | $1187623.74   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation                     | American Tower Corporation COM USD0.01                                 | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      2728 | NS      | $614918.48    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                      | Adobe Inc COM USD0.0001                                                | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       399 | NS      | $149617.02    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.                   | Honeywell International Inc. COM USD1                                  | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      4459 | NS      | $938619.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                        | Century Communities Inc COM USD0.01                                    | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     24326 | NS      | $1326740.04   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions Inc                            | Viavi Solutions Inc COM USD0.001                                       | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |     66379 | NS      | $702289.82    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc.                    | LPL Financial Holdings Inc. COM USD0.001                               | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |       295 | NS      | $94338.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                         | Trane Technologies PLC COM USD1                                        | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      1921 | NS      | $736338.51    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services, Inc.                | Universal Health Services, Inc. CLASS'B'COM USD0.01                    | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |       830 | NS      | $146968.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                  | Equinix, Inc. COM USD0.001                                             | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      6978 | NS      | $6006313.50   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                          | Monster Beverage Corp COM USD0.005                                     | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |    110842 | NS      | $6663821.04   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| The Sherwin-Williams Company                   | The Sherwin-Williams Company COM USD1                                  | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      4648 | NS      | $1640372.16   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                 | ConocoPhillips COM USD0.01                                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     74917 | NS      | $6676603.04   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                     | Amgen Inc. COM USD0.0001                                               | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      2748 | NS      | $799448.16    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co, Inc.               | American Electric Power Co, Inc. COM USD6.50                           | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |      3321 | NS      | $359797.14    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of N.T. Butterfield & Son Limited     | The Bank of N.T. Butterfield & Son Limited COM BMD0.01(POST REV SPLIT) | CUSIP: G0772R208<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               | CORP              | BM        |     20057 | NS      | $805890.26    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc                         | Boot Barn Holdings Inc COM USD0.0001                                   | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      7216 | NS      | $752917.44    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)                  | Williams Companies Inc. (The) COM USD1.00                              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     15022 | NS      | $879838.54    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma Inc.                           | Williams-Sonoma Inc. COM USD0.01                                       | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |       946 | NS      | $146128.62    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |    616095 | NS      | $616095.38    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                   | Apollo Global Management Inc COM                                       | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |      1832 | NS      | $250031.36    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                                | Starbucks Corp. COM USD0.001                                           | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     26775 | NS      | $2143338.75   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                            | Stryker Corporation COM USD0.10                                        | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |     21823 | NS      | $8160056.16   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Incorporated                | Jones Lang LaSalle Incorporated COM USD0.01                            | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |       396 | NS      | $90054.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                   | NVIDIA Corp. COM USD0.001                                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      1424 | NS      | $155102.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.                         | The TJX Companies Inc. COM USD1                                        | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      8945 | NS      | $1151042.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc.                       | Millrose Properties Inc. COM CL A                                      | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       453 | NS      | $11343.12     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp                 | Atlantic Union Bankshares Corp COM USD1.33                             | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55119 | NS      | $1526796.30   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |     39892 | NS      | $39891.61     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Incorporated                 | Texas Instruments Incorporated COM USD1.00                             | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     28135 | NS      | $4503006.75   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                        | CRH PLC ORD EUR 0.32                                                   | CUSIP: G25508105<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |     24526 | NS      | $2340270.92   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mckesson Corp.                                 | Mckesson Corp. COM USD0.01                                             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |       671 | NS      | $478282.09    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc.                         | Applied Materials Inc. COM USD0.01                                     | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      1314 | NS      | $198032.94    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Incorporated                         | Ingredion Incorporated COM USD0.01                                     | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |      1817 | NS      | $241333.94    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                             | Meta Platforms Inc COM USD0.000006 CL 'A'                              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       557 | NS      | $305793.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                              | Eversource Energy COM USD5                                             | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |      2321 | NS      | $138053.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| The Kraft Heinz Co.                            | The Kraft Heinz Co. COM USD0.01                                        | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |      9736 | NS      | $283317.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |     35822 | NS      | $35822.34     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                               | Amazon.com, Inc. COM USD0.01                                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     71550 | NS      | $13195251.00  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                        | Aon PLC SHS CL A                                                       | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |     19409 | NS      | $6886119.11   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                      | RTX Corp. COM                                                          | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     63032 | NS      | $7950226.16   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc                         | Guidewire Software Inc COM USD0.0001                                   | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |     16573 | NS      | $3393653.21   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co.                                   | Moelis & Co. COM USD0.01 CL'A'                                         | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     33186 | NS      | $1778105.88   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                         | Diamondback Energy Inc COM USD0.01                                     | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |       589 | NS      | $77753.89     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                                       | CDW Corp COM USD0.01                                                   | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      4014 | NS      | $644487.84    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                    | Workday Inc COM USD0.001 CL A                                          | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     32803 | NS      | $8036735.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                   | NVIDIA Corp. COM USD0.001                                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    336779 | NS      | $36681968.68  | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                     | Apple Inc. COM USD0.00001                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    258543 | NS      | $54940387.50  | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                    | Verizon Communications Inc. COM USD0.10                                | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    150654 | NS      | $6637815.24   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Oneok Inc.                                     | Oneok Inc. COM USD0.01                                                 | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     14826 | NS      | $1218104.16   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.                           | Electronic Arts Inc. COM USD0.01                                       | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      9324 | NS      | $1352819.16   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                                | Microsoft Corp. COM USD0.00000625                                      | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    130004 | NS      | $51385381.04  | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                  | Netflix, Inc. COM USD0.001                                             | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      5918 | NS      | $6697518.96   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp.                                | Blue Bird Corp. COM USD0.0001                                          | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |     41673 | NS      | $1453137.51   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Broadcom Inc                                   | Broadcom Inc COM USD0.001                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     59937 | NS      | $11536074.39  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                            | Cheniere Energy Inc COM USD0.003                                       | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      7074 | NS      | $1634872.14   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                            | Kinder Morgan, Inc. COM USD0.01                                        | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     53130 | NS      | $1397319.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Pembina Pipeline Corporation                   | Pembina Pipeline Corporation COM NPV                                   | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |     13297 | NS      | $508306.91    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                | T-Mobile US Inc COM USD0.00001                                         | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      6827 | NS      | $1685927.65   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust Inc.               | Four Corners Property Trust Inc. COM USD0.0001                         | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |     51868 | NS      | $1449710.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Yeti Holdings Inc                              | Yeti Holdings Inc COM USD0.01                                          | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     26385 | NS      | $753291.75    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                             | Energy Transfer LP COM UNITS REP LTD PTN INT                           | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |     62947 | NS      | $1041143.38   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                    | Corteva Inc COM USD0.01                                                | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     33432 | NS      | $2072449.68   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                           | Otis Worldwide Corp. COM                                               | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     11909 | NS      | $1146479.43   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Edge Properties                          | Urban Edge Properties COM USD0.01                                      | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     79055 | NS      | $1428523.85   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackline Inc                                  | Blackline Inc COM USD0.01                                              | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |     25046 | NS      | $1182922.58   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc.                                    | Kenvue Inc. COM                                                        | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |    169199 | NS      | $3993096.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Plymouth Industrial REIT Inc.                  | Plymouth Industrial REIT Inc. COM USD0.01                              | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102710 | NS      | $1527297.70   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| GMS Inc                                        | GMS Inc COM USD0.01                                                    | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |     20778 | NS      | $1522196.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corp.                        | Coastal Financial Corp. COM NPV                                        | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |      9146 | NS      | $751343.90    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                             | Meta Platforms Inc COM USD0.000006 CL 'A'                              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     44181 | NS      | $24255369.00  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                  | Alphabet Inc. CAP STK USD0.001 CL A                                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    227616 | NS      | $36145420.80  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                  | Alphabet Inc. CAP STK USD0.001 CL A                                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     84325 | NS      | $13390810.00  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcbest Corporation                            | Arcbest Corporation COM USD0.01                                        | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     18828 | NS      | $1101814.56   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp.                                   | Ameren Corp. COM USD0.01                                               | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |      2223 | NS      | $220610.52    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Jack & Associates Inc.                   | Henry Jack & Associates Inc. COM USD0.01                               | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      2050 | NS      | $355531.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                   | Synopsys Inc COM USD0.01                                               | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     14154 | NS      | $6496827.54   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                   | Thermo Fisher Scientific Inc COM USD1                                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     12623 | NS      | $5415267.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Autoliv Inc.                                   | Autoliv Inc. COM USD1.00                                               | CUSIP: 052800109<br>LEI: A23RUXWKASG834LTMK28 | Long             | EC               | CORP              | US        |      1077 | NS      | $100408.71    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Limited                                 | Amdocs Limited ORD GBP0.01                                             | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |      2839 | NS      | $251478.62    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc.                    | LPL Financial Holdings Inc. COM USD0.001                               | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      3457 | NS      | $1105514.03   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Dupont De Nemours Inc                          | Dupont De Nemours Inc COM USD0.01                                      | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     26989 | NS      | $1781004.11   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc.      | Kratos Defense & Security Solutions, Inc. COM USD0.001                 | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |     24600 | NS      | $831111.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Hamilton Lane Inc                              | Hamilton Lane Inc COM USD0.001 CL A                                    | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |     18596 | NS      | $2872896.04   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Certara Inc                                    | Certara Inc COM                                                        | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    164690 | NS      | $2282603.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Infinity Natural Resources Inc.                | Infinity Natural Resources Inc. COM CL A                               | CUSIP: 456941103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39240 | NS      | $602334.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| SS&C Technologies Holdings Inc.                | SS&C Technologies Holdings Inc. COM USD0.01                            | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     45873 | NS      | $3467998.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings Inc.                             | Post Holdings Inc. COM USD0.01                                         | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |     55459 | NS      | $6276295.03   | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| LPL Financial Holdings Inc.                    | LPL Financial Holdings Inc. COM USD0.001                               | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      4879 | NS      | $1560255.41   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Globant S.A                                    | Globant S.A USD1.20                                                    | CUSIP: L44385109<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | LU        |     19574 | NS      | $2301315.18   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Healthequity Inc                               | Healthequity Inc COM USD0.0001                                         | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |     61208 | NS      | $5246749.76   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                                  | Valvoline Inc USD0.01                                                  | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |     73730 | NS      | $2525989.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                       | SBA Communications Corp. COM USD0.01 CL A                              | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     10224 | NS      | $2488521.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellium SE                                 | Constellium SE CL A SHS                                                | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |     36272 | NS      | $366709.92    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports and Outdoors Inc                | Academy Sports and Outdoors Inc COM                                    | CUSIP: 00402L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39967 | NS      | $1505956.56   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |    953605 | NS      | $953605.42    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc                         | Cheesecake Factory Inc COM USD0.01                                     | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     22325 | NS      | $1124510.25   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Simmons First National Corp                    | Simmons First National Corp CLASS'A'COM USD1                           | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |     80090 | NS      | $1494479.40   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp. Inc.                            | First Bancorp. Inc. COM NPV                                            | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38801 | NS      | $1569888.46   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| City Holding Co                                | City Holding Co COM USD2.50                                            | CUSIP: 177835105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13491 | NS      | $1563202.17   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Modine Manufacturing Co.                       | Modine Manufacturing Co. COM USD0.625                                  | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     22194 | NS      | $1811918.16   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc.                                      | Moog Inc. CLASS'A'L/VTG COM USD1                                       | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |      9045 | NS      | $1512776.25   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy Inc.                               | TXNM Energy Inc. COM NPV                                               | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |     26704 | NS      | $1420652.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corporation                      | Regal Rexnord Corporation COM USD0.01                                  | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     38189 | NS      | $4041923.76   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation                   | Stifel Financial Corporation COM USD0.15                               | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |      7948 | NS      | $681064.12    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                                       | UGI Corp COM NPV                                                       | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |     58464 | NS      | $1917034.56   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                                   | Wingstop Inc COM USD0.01                                               | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      6440 | NS      | $1699451.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                                     | TransUnion COM USD0.01                                                 | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |     18553 | NS      | $1539156.88   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Siteone Landscape Supply Inc                   | Siteone Landscape Supply Inc COM USD0.01                               | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |     20055 | NS      | $2302514.55   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc.                          | Medpace Holdings Inc. COM USD0.01                                      | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |      8077 | NS      | $2490866.03   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties Inc               | Ryman Hospitality Properties Inc COM USD0.01                           | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |     23012 | NS      | $2023905.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corporation                     | Verra Mobility Corporation COM USD0.0001                               | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |     66664 | NS      | $1453275.20   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Xpel Inc.                                      | Xpel Inc. COM                                                          | CUSIP: 98379L100<br>LEI: 549300KWSE3IGXLJNW66 | Long             | EC               | CORP              | US        |     35635 | NS      | $1020586.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Northern Oil And Gas, Inc.                     | Northern Oil And Gas, Inc. COM                                         | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     64561 | NS      | $1568832.30   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Saia Inc                                       | Saia Inc COM USD0.001                                                  | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      7634 | NS      | $1862696.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corporation                               | Lear Corporation COM USD0.01                                           | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     12071 | NS      | $1035088.25   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings Inc                                | Q2 Holdings Inc COM USD0.0001                                          | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |     22070 | NS      | $1749047.50   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor And Decor Holding Inc.                   | Floor And Decor Holding Inc. COM USD0.001 CL A                         | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |     26757 | NS      | $1911520.08   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK Little Rock Arkansas                  | Bank OZK Little Rock Arkansas COM USD0.01                              | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |     51392 | NS      | $2189299.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Energy Inc                               | Vital Energy Inc COM                                                   | CUSIP: 516806205<br>LEI: 549300X0PTWU2QSLSL14 | Long             | EC               | CORP              | US        |     48247 | NS      | $684142.46    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| ACV Auctions Inc                               | ACV Auctions Inc COM CL A                                              | CUSIP: 00091G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57948 | NS      | $851256.12    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sitio Royalties Corp                           | Sitio Royalties Corp CLASS A COM                                       | CUSIP: 82983N108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44516 | NS      | $754991.36    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage Affiliates Trust              | National Storage Affiliates Trust USD0.01(BEN OF INT)                  | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |     57211 | NS      | $2128249.20   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| The Baldwin Insurance Group Inc                | The Baldwin Insurance Group Inc COM CL A                               | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34918 | NS      | $1453287.16   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Gulfport Energy Operating Corp.                | Gulfport Energy Operating Corp. COMMON SHARES                          | CUSIP: 402635502<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4859 | NS      | $838177.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                                   | Freshpet Inc COM USD0.001                                              | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |     22688 | NS      | $1668475.52   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Novanta Inc                                    | Novanta Inc COM NPV                                                    | CUSIP: 67000B104<br>LEI: 549300NBPHPTUPTS8070 | Long             | EC               | CORP              | CA        |     20945 | NS      | $2489522.70   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Inspire Medical Systems Inc                    | Inspire Medical Systems Inc COM USD0.001                               | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |     13128 | NS      | $2079212.64   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hayward Holdings Inc                           | Hayward Holdings Inc COM                                               | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18966 | NS      | $252816.78    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Everus Construction Group Inc.                 | Everus Construction Group Inc. COM                                     | CUSIP: 300426103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41141 | NS      | $1655513.84   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollies Bargain Outlet Holdings Inc.            | Ollies Bargain Outlet Holdings Inc. COM USD0.001                       | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |     22706 | NS      | $2409333.66   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc.                           | CSW Industrials Inc. COM USD0.01                                       | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |     10277 | NS      | $3211356.96   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                   | Autodesk Inc COM USD0.01                                               | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      2245 | NS      | $615691.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.                | Automatic Data Processing, Inc. COM USD0.10                            | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      5846 | NS      | $1757307.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |       860 | NS      | $859.58       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                            | Abbott Laboratories COM NPV                                            | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     41361 | NS      | $5407950.75   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc                       | Lamb Weston Holdings Inc COM USD1.00                                   | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |      1768 | NS      | $93368.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc                     | Brixmor Property Group Inc COM USD0.01                                 | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |      6764 | NS      | $168491.24    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. Horton, Inc.                              | D.R. Horton, Inc. COM USD0.01                                          | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |       903 | NS      | $114085.02    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc.                           | Landstar System Inc. COM USD0.01                                       | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |       780 | NS      | $104637.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                             | Altria Group, Inc. COM USD0.333333                                     | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     21310 | NS      | $1260486.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated            | Vertex Pharmaceuticals Incorporated COM USD0.01                        | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      1183 | NS      | $602738.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corporation                             | Waters Corporation COM USD0.01                                         | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |       335 | NS      | $116489.55    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp.                                | Whirlpool Corp. COM USD1                                               | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |       579 | NS      | $44166.12     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                    | Zoetis Inc. COM USD0.01 CL 'A'                                         | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      5427 | NS      | $848782.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                  | Intercontinental Exchange Inc COM USD0.01                              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     10528 | NS      | $1768388.16   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                            | Synchrony Financial COM USD0.001                                       | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |      1812 | NS      | $94133.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                                   | Wingstop Inc COM USD0.01                                               | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |       261 | NS      | $68875.29     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Autozone, Inc.                                 | Autozone, Inc. COM USD0.01                                             | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       302 | NS      | $1136305.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Company                  | Becton, Dickinson and Company COM USD1.00                              | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      5325 | NS      | $1102754.25   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc.                          | Medpace Holdings Inc. COM USD0.01                                      | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |       310 | NS      | $95600.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc.                        | Church & Dwight Co Inc. COM USD1.00                                    | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |      2960 | NS      | $294046.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TD Synnex Corp                                 | TD Synnex Corp COM USD0.001                                            | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |      1601 | NS      | $177390.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                               | NRG Energy, Inc. COM USD0.01                                           | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      2095 | NS      | $229570.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International Inc.                  | Somnigroup International Inc. COM USD0.01                              | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |      1775 | NS      | $108381.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Extra Space Storage Inc.                       | Extra Space Storage Inc. COM USD0.01                                   | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |      1145 | NS      | $167765.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock plc                           | Smurfit WestRock plc COM USD0.001                                      | CUSIP: G8267P108<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |      2930 | NS      | $123118.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusXM Holdings Inc                          | SiriusXM Holdings Inc COMMON STOCK                                     | CUSIP: 829933100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2810 | NS      | $60190.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Dominos Pizza Inc.                             | Dominos Pizza Inc. COM USD0.01                                         | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |       287 | NS      | $140736.19    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corporation                           | Westlake Corporation COM USD0.01                                       | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |       596 | NS      | $55088.28     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC                          | Eaton Corporation PLC COM USD0.01                                      | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |      1826 | NS      | $537519.62    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Capital Corp.                             | Ares Capital Corp. COM STK USD0.001                                    | CUSIP: 04010L103<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | EC               | RF                | US        |     19073 | NS      | $394048.18    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders Firstsource, Inc.                     | Builders Firstsource, Inc. COM USD0.01                                 | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |       476 | NS      | $56943.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.                   | CF Industries Holdings, Inc. COM USD0.01                               | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |      1107 | NS      | $86755.59     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                     | Ameriprise Financial, Inc. COM USD0.01                                 | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |       357 | NS      | $168154.14    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| C.H. Robinson Worldwide Inc                    | C.H. Robinson Worldwide Inc COM USD0.10                                | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      1029 | NS      | $91807.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                       | AT&T Inc COM USD1                                                      | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     37132 | NS      | $1028556.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                     | Chipotle Mexican Grill Inc COM USD0.01                                 | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6913 | NS      | $349244.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker, Inc.                   | Stanley Black & Decker, Inc. COM USD2.50                               | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |       730 | NS      | $43814.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                       | O'Reilly Automotive Inc. USD0.01                                       | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |       897 | NS      | $1269434.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc                 | Fortune Brands Innovations Inc USD0.01                                 | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |       949 | NS      | $51075.18     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                  | Medtronic PLC USD0.0001                                                | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     16388 | NS      | $1389046.88   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Transdigm Group Inc.                           | Transdigm Group Inc. COM USD0.01                                       | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       433 | NS      | $611859.31    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corporation                               | Pool Corporation COM USD0.001                                          | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |       182 | NS      | $53351.48     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                       | Saia Inc COM USD0.001                                                  | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |       112 | NS      | $27328.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                  | Owens Corning COM USD0.01                                              | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |       824 | NS      | $119817.84    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corporation                               | Lear Corporation COM USD0.01                                           | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |       773 | NS      | $66284.75     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                                    | Xylem, Inc. COM USD0.01                                                | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      1153 | NS      | $139017.21    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion PLC                                   | Allegion PLC COM USD0.01                                               | CUSIP: G0176J109<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |       954 | NS      | $132796.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                           | Paypal Holdings Inc. COM USD0.0001                                     | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      3266 | NS      | $215033.44    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.                 | Hewlett Packard Enterprise Co. COM USD0.01                             | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |      7904 | NS      | $128202.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor And Decor Holding Inc.                   | Floor And Decor Holding Inc. COM USD0.001 CL A                         | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |       474 | NS      | $33862.56     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                         | Motorola Solutions Inc COM USD0.01                                     | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      2813 | NS      | $1238817.07   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corporation                   | Tenet Healthcare Corporation COM USD0.05                               | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |       633 | NS      | $90487.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd                                    | Invesco Ltd COM STK USD0.20                                            | CUSIP: G491BT108<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |      3500 | NS      | $48755.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Company              | Graphic Packaging Holding Company COM STK USD0.01                      | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6156 | NS      | $155808.36    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc.                                    | NetApp Inc. COM USD0.001                                               | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      1633 | NS      | $146561.75    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                         | General Motors Company COM USD0.01                                     | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |      8451 | NS      | $382323.24    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.                   | Mondelez International, Inc. COM NPV                                   | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     23143 | NS      | $1576732.59   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.                   | Charter Communications, Inc. COM USD0.001 CLASS A                      | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |       513 | NS      | $201024.18    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Axalta Coating Systems Limited                 | Axalta Coating Systems Limited COM USD1.00                             | CUSIP: G0750C108<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | BM        |      3137 | NS      | $101952.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                         | HP Inc COM USD0.01                                                     | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |      3956 | NS      | $101154.92    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Incorporated                           | Hubbell Incorporated COM USD0.001                                      | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |       370 | NS      | $134376.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| The Trade Desk Inc                             | The Trade Desk Inc COM USD0.000001 CL A                                | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |      2089 | NS      | $112033.07    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corporation                      | Union Pacific Corporation COM USD2.50                                  | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     30757 | NS      | $6633054.62   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                        | UnitedHealth Group Inc. COM USD0.01                                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     19531 | NS      | $8035834.64   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.                   | Honeywell International Inc. COM USD1                                  | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     27233 | NS      | $5732546.50   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                       | American Express Company COM USD0.20                                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     28594 | NS      | $7617727.54   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc.                               | Best Buy Co Inc. COM USD0.10                                           | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      1114 | NS      | $74292.66     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corporation                | United Therapeutics Corporation COM USD0.01                            | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |       503 | NS      | $152454.27    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills, Inc.                            | General Mills, Inc. COM USD0.10                                        | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |      3138 | NS      | $178050.12    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                               | Merck & Co., Inc COM USD0.50                                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      7658 | NS      | $652461.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                     | Biogen Inc COM USD0.0005                                               | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |       498 | NS      | $60297.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                        | Nexstar Media Group Inc COM USD0.01 CL'A'                              | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |       519 | NS      | $77673.54     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                                 | CME Group Inc. COM USD0.01                                             | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      7475 | NS      | $2071173.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc.                       | Lululemon Athletica Inc. COM USD0.005                                  | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |       531 | NS      | $143778.87    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                             | Ralph Lauren Corp. COM USD0.01 CLASS 'A'                               | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |       710 | NS      | $159714.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                                | Ulta Beauty Inc COM STK USD0.01                                        | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |       446 | NS      | $176455.44    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc.                                | BorgWarner Inc. COM USD0.01                                            | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |      3344 | NS      | $94902.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Juniper Networks, Inc.                         | Juniper Networks, Inc. COM USD0.00001                                  | CUSIP: 48203R104<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | EC               | CORP              | US        |      5351 | NS      | $194348.32    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                  | Accenture PLC CLS'A'USD0.0000225                                       | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     18007 | NS      | $5386794.05   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                    | Zoetis Inc. COM USD0.01 CL 'A'                                         | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     38554 | NS      | $6029845.60   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company                   | Bristol-Myers Squibb Company COM USD0.10                               | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      6874 | NS      | $345074.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Oneok Inc.                                     | Oneok Inc. COM USD0.01                                                 | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      6362 | NS      | $522701.92    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co, Inc.               | American Electric Power Co, Inc. COM USD6.50                           | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     16032 | NS      | $1736906.88   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc.                            | Analog Devices Inc. COM USD0.16 2/3                                    | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     31185 | NS      | $6078580.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Mckesson Corp.                                 | Mckesson Corp. COM USD0.01                                             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     16569 | NS      | $11810217.51  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| The Boeing Company                             | The Boeing Company COM USD5.00                                         | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     43249 | NS      | $7924946.76   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                            | Arista Networks Inc COM SHS                                            | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      1985 | NS      | $163305.95    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP Inc                                        | BXP Inc COM USD0.01                                                    | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |      1268 | NS      | $80809.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                            | Shift4 Payments Inc CL A                                               | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49099 | NS      | $4016298.20   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Nova Ltd                                       | Nova Ltd ILS0.01                                                       | CUSIP: M7516K103<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | IL        |     13768 | NS      | $2701419.28   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc.                            | Analog Devices Inc. COM USD0.16 2/3                                    | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      1685 | NS      | $328440.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp.                    | Pinnacle West Capital Corp. COM NPV                                    | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |      3903 | NS      | $371487.54    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics, Inc.                        | Arrow Electronics, Inc. COM USD1                                       | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |      1029 | NS      | $114589.44    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corporation                     | Avery Dennison Corporation COM USD1                                    | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      1287 | NS      | $220218.57    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International, Inc.                     | Baxter International, Inc. COM USD1.00                                 | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |      1559 | NS      | $48594.03     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc.                               | Robert Half Inc. COM USD0.001                                          | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |      1479 | NS      | $65519.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.           | Cognizant Technology Solutions Corp. COM CL A USD0.01                  | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |      1334 | NS      | $98142.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corporation                              | FedEx Corporation COM USD0.10                                          | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      1225 | NS      | $257654.25    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| The Campbells Co.                              | The Campbells Co. CAP USD0.0375                                        | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |      3967 | NS      | $144636.82    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc.                      | Lennox International Inc. COM USD0.01                                  | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |       263 | NS      | $143795.25    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                    | United Parcel Service, Inc. CLASS'B'COM USD0.01                        | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      4471 | NS      | $426086.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technologies Ltd.         | Check Point Software Technologies Ltd. ORD ILS0.01                     | CUSIP: M22465104<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |       626 | NS      | $137444.56    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Goosehead Insurance Inc                        | Goosehead Insurance Inc COM USD0.01 CL A                               | CUSIP: 38267D109<br>LEI: 549300WH5MBIWHJ9XY95 | Long             | EC               | CORP              | US        |     18555 | NS      | $1803731.55   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Helios Technologies Inc                        | Helios Technologies Inc COM USD0.001                                   | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |     31742 | NS      | $865286.92    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corporation                             | Cintas Corporation COM NPV                                             | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3205 | NS      | $678434.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                          | Colgate-Palmolive Co. COM USD1.00                                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     14600 | NS      | $1345974.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison, Inc.                      | Consolidated Edison, Inc. COM USD0.10                                  | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |      2573 | NS      | $290105.75    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                                         | F5 Inc COM STK NPV                                                     | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |       817 | NS      | $216292.58    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp.                               | Sealed Air Corp. COM USD0.10                                           | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |      2446 | NS      | $67411.76     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc.                                   | Cummins Inc. COM USD2.50                                               | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       777 | NS      | $228313.68    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                                   | Target Corp. COM STK USD0.0833                                         | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      1362 | NS      | $131705.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc.                                      | eBay Inc. COM USD0.001                                                 | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      2054 | NS      | $140000.64    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Company                       | Eastman Chemical Company COM USD0.01                                   | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |      1089 | NS      | $83853.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.                   | Cadence Design Systems, Inc. COM USD0.01                               | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |       840 | NS      | $250101.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.                           | Electronic Arts Inc. COM USD0.01                                       | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      2064 | NS      | $299465.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                           | Emerson Electric Co. COM USD0.50                                       | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |      4110 | NS      | $432002.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                             | EOG Resources Inc. COM USD0.01                                         | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      4620 | NS      | $509724.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SKECHERS USA, Inc.                             | SKECHERS USA, Inc. 'A'COM USD0.001                                     | CUSIP: 830566105<br>LEI: 529900D2R54KZPA4XR56 | Long             | EC               | CORP              | US        |      1697 | NS      | $81489.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International Of Washington Inc.    | Expeditors International Of Washington Inc. COM USD0.01                | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |       910 | NS      | $100018.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc.                  | FactSet Research Systems Inc. COM USD0.01                              | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |       395 | NS      | $170726.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                                | Xcel Energy Inc COM USD2.5                                             | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |      3037 | NS      | $214715.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                   | Fastenal Co. COM USD0.01                                               | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |      2859 | NS      | $231493.23    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources Inc.                        | Franklin Resources Inc. COM USD0.10                                    | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |      3298 | NS      | $61870.48     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                          | Freeport-McMoRan Inc. COM USD0.10                                      | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      4539 | NS      | $163540.17    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallagher Aj &Co                               | Gallagher Aj &Co COM USD1.00                                           | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      4297 | NS      | $1378004.93   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                   | General Dynamics Corporation COM USD1.00                               | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      3917 | NS      | $1065894.04   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp                                    | Gentex Corp COM USD0.06                                                | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |      6321 | NS      | $137671.38    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Gilead Sciences Inc.                           | Gilead Sciences Inc. COM USD0.001                                      | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      9717 | NS      | $1035249.18   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                                      | Graco Inc COM USD1                                                     | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |      1559 | NS      | $127229.99    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro Inc                                     | Hasbro Inc COM USD0.50                                                 | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |       895 | NS      | $55400.50     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein, Inc.                             | Henry Schein, Inc. COM USD0.01                                         | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |      2249 | NS      | $146117.53    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hormel Foods Corp                              | Hormel Foods Corp COM USD0.0586                                        | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |      7699 | NS      | $230200.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| J. B. Hunt Transport Services, Inc.            | J. B. Hunt Transport Services, Inc. COM USD0.01                        | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |       509 | NS      | $66465.22     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Idex Corporation                               | Idex Corporation COM USD0.01                                           | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |       863 | NS      | $150136.11    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                     | Intuit Inc COM USD0.01                                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       603 | NS      | $378364.41    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                        | International Paper Co. COM USD1.00                                    | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |      3297 | NS      | $150606.96    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| The Interpublic Group of Companies, Inc.       | The Interpublic Group of Companies, Inc. COM USD0.10                   | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |      4395 | NS      | $110402.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                      | KLA Corp. COM USD0.001                                                 | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       442 | NS      | $310588.98    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corporation                     | Kimberly-Clark Corporation COM USD1.25                                 | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |      1709 | NS      | $225212.02    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| The Kroger Co.                                 | The Kroger Co. COM USD1.00                                             | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      4550 | NS      | $328555.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Lennar Corp.                                   | Lennar Corp. COM USD0.10 CLASS A                                       | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |       907 | NS      | $98509.27     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors Incorporated                     | Lithia Motors Incorporated COM NPV                                     | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |       216 | NS      | $63236.16     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corporation                    | Lockheed Martin Corporation COM USD1.00                                | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      2214 | NS      | $1057738.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                    | Cencora Inc COM USD0.01                                                | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      1298 | NS      | $379885.66    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corporation                              | Masco Corporation COM USD1.00                                          | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |      1608 | NS      | $97460.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains All American Pipeline L.P.              | Plains All American Pipeline L.P. UNIT REP LIM PART INT NPV            | CUSIP: 726503105<br>LEI: 5521FA2ITF25TVH63740 | Long             | EC               | CORP              | US        |     13188 | NS      | $230262.48    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                | CVS Health Corp COM USD0.01                                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      3547 | NS      | $236620.37    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Incorporated              | Microchip Technology Incorporated COM USD0.001                         | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |      3051 | NS      | $140590.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mohawk Industries, Inc.                        | Mohawk Industries, Inc. COM USD0.01                                    | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |       461 | NS      | $49027.35     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nike, Inc.                                     | Nike, Inc. CLASS'B'COM NPV                                             | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      8074 | NS      | $455373.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corporation                   | Norfolk Southern Corporation COM USD1                                  | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      2176 | NS      | $487532.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corporation                   | Northrop Grumman Corporation COM USD1                                  | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      2702 | NS      | $1314523.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corporation                              | Nucor Corporation COM USD0.40                                          | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |       399 | NS      | $47628.63     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corporation                         | OGE Energy Corporation COM USD0.01                                     | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |      8714 | NS      | $395441.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                    | Paychex Inc COM USD0.01                                                | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |      1368 | NS      | $201260.16    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                                    | Pepsico Inc CAP USD0.016666                                            | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     11707 | NS      | $1587235.06   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                    | Pfizer Inc. COM USD0.05                                                | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     31444 | NS      | $767548.04    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Polaris Inc.                                   | Polaris Inc. COM USD0.01                                               | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |       950 | NS      | $32262.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries, Inc.                           | PPG Industries, Inc. COM USD1.666                                      | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |       666 | NS      | $72500.76     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation                   | Costco Wholesale Corporation COM USD0.01                               | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1209 | NS      | $1202350.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Company                                     | 3M Company COM USD0.01                                                 | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      2097 | NS      | $291294.27    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Price T Rowe Group Inc.                        | Price T Rowe Group Inc. COM USD0.20                                    | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |       521 | NS      | $46134.55     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Incorporated                 | Quest Diagnostics Incorporated COM USD0.01                             | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      1945 | NS      | $346637.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pulte Group Inc                                | Pulte Group Inc COM USD0.01                                            | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1217 | NS      | $124839.86    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                                  | QUALCOMM Inc. COM USD0.0001                                            | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      1898 | NS      | $281777.08    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc.                   | Raymond James Financial Inc. COM USD0.01                               | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      1682 | NS      | $230501.28    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.                | Regeneron Pharmaceuticals, Inc. COM USD0.001                           | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       907 | NS      | $543075.32    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation, Inc.                               | AutoNation, Inc. COM USD0.01                                           | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       458 | NS      | $79760.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                           | United Rentals, Inc. COM USD0.01                                       | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |       169 | NS      | $106715.05    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                         | Sempra COM NPV                                                         | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     13111 | NS      | $973753.97    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   3125231 | NS      | $3125230.94   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Holdings Inc         | CCC Intelligent Solutions Holdings Inc COM                             | CUSIP: 12510Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    295866 | NS      | $2739719.16   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                   | Broadcom Inc COM USD0.001                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     23204 | NS      | $4466073.88   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                          | Uber Technologies Inc COM USD0.00001                                   | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     85215 | NS      | $6903267.15   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                      | RTX Corp. COM                                                          | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     45059 | NS      | $5683291.67   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.                        | Intuitive Surgical Inc. COM USD0.001                                   | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     17960 | NS      | $9263768.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                           | JPMorgan Chase & Co. COM USD1.00                                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     60471 | NS      | $14792416.02  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian National Railway Company              | Canadian National Railway Company COM NPV                              | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |     15237 | NS      | $1475246.34   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisign, Inc.                                 | Verisign, Inc. COM USD0.001                                            | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |       936 | NS      | $264064.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                           | Amphenol Corporation CL'A'COM USD0.001                                 | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      5705 | NS      | $438999.75    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                            | Dominion Energy Inc COM STK NPV                                        | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    110034 | NS      | $5983648.92   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley COM USD0.01                                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     57910 | NS      | $6683972.20   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                             | EOG Resources Inc. COM USD0.01                                         | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     23670 | NS      | $2611511.10   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc.                                   | Equifax Inc. COM USD1.25                                               | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |     14525 | NS      | $3778388.25   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                   | Exelon Corp. COM NPV                                                   | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     61428 | NS      | $2880973.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                              | Johnson & Johnson COM USD1.00                                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     49350 | NS      | $7713898.50   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corporation                     | Kimberly-Clark Corporation COM USD1.25                                 | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     18850 | NS      | $2484053.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corporation                   | Northrop Grumman Corporation COM USD1                                  | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      8676 | NS      | $4220874.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                 | Public Storage COM USD0.10                                             | CUSIP: 74460D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3940 | NS      | $1183694.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corporation                      | Union Pacific Corporation COM USD2.50                                  | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     28165 | NS      | $6074063.90   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                               | Merck & Co., Inc COM USD0.50                                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     34757 | NS      | $2961296.40   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc.                                  | KKR & Co Inc. COM USD0.01                                              | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     51775 | NS      | $5916329.25   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| The Cigna Group                                | The Cigna Group COM USD0.01                                            | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     36756 | NS      | $12498510.24  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp.                             | Brown-Forman Corp. COM USD0.15 CLASS B                                 | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |      3286 | NS      | $114484.24    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Brunswick Corporation                          | Brunswick Corporation COM USD0.75                                      | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |       939 | NS      | $43240.95     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corporation                                | CSX Corporation COM USD1                                               | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     19089 | NS      | $535828.23    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                             | Coterra Energy Inc COM USD0.10                                         | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |      3147 | NS      | $77290.32     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                  | Netflix, Inc. COM USD0.001                                             | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       437 | NS      | $494561.64    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                         | Roper Technologies Inc COM USD0.01                                     | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      1914 | NS      | $1071993.12   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation, Inc.                      | Rockwell Automation, Inc. COM USD1                                     | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       368 | NS      | $91146.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                       | Skyworks Solutions, Inc. COM USD0.25                                   | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |       627 | NS      | $40303.56     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                           | Schlumberger Limited COM USD0.01                                       | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     12729 | NS      | $423239.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                             | SEI Investments Co COM USD0.01                                         | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |      3571 | NS      | $279573.59    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| The Sherwin-Williams Company                   | The Sherwin-Williams Company COM USD1                                  | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      2562 | NS      | $904181.04    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                       | Simon Property Group Inc COM USD0.0001                                 | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      3757 | NS      | $591276.66    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith(Ao)Corp                                  | Smith(Ao)Corp COM USD1                                                 | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |      1294 | NS      | $87810.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-On Incorporated                           | Snap-On Incorporated COM USD1                                          | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |       680 | NS      | $213390.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Carmax Inc                                     | Carmax Inc COM USD0.50                                                 | CUSIP: 143130102<br>LEI: 529900F60CID3NCZM330 | Long             | EC               | CORP              | US        |       660 | NS      | $42682.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                                | Starbucks Corp. COM USD0.001                                           | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      3987 | NS      | $319159.35    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                            | Comcast Corporation COM USD0.01 CL A                                   | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     14899 | NS      | $509545.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                   | Synopsys Inc COM USD0.01                                               | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |       458 | NS      | $210226.58    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                    | Dick's Sporting Goods, Inc. COM USD0.01                                | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |       415 | NS      | $77912.10     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc.                                  | Teradyne Inc. COM USD0.125                                             | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |       687 | NS      | $50982.27     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Incorporated                 | Texas Instruments Incorporated COM USD1.00                             | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      2539 | NS      | $406366.95    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                   | Thermo Fisher Scientific Inc COM USD1                                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1740 | NS      | $746460.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers, Inc.                            | Toll Brothers, Inc. COM USD0.01                                        | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      1517 | NS      | $153019.79    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation                   | Stifel Financial Corporation COM USD0.15                               | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |      1348 | NS      | $115510.12    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Davita Inc                                     | Davita Inc COM USD0.001                                                | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |      1088 | NS      | $154006.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                              | Tractor Supply Co COM USD0.008                                         | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |      3646 | NS      | $184560.52    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                             | Crown Holdings Inc COM USD5                                            | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      1058 | NS      | $101917.14    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                        | CRH PLC ORD EUR 0.32                                                   | CUSIP: G25508105<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |      6089 | NS      | $581012.38    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                     | Watsco Inc COM USD0.50                                                 | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |       230 | NS      | $105763.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Company, Inc.             | American Water Works Company, Inc. COM USD0.01                         | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      1200 | NS      | $176412.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                                     | Evergy Inc COM NPV                                                     | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |      3326 | NS      | $229826.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                        | Aon PLC SHS CL A                                                       | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |      3031 | NS      | $1075368.49   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp.                                 | Middleby Corp. COM USD0.01                                             | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |       643 | NS      | $85744.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                   | LyondellBasell Industries NV COM EUR0.04 CLASS 'A'                     | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |      1194 | NS      | $69502.74     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies, Inc.                      | Akamai Technologies, Inc. COM USD0.01                                  | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |      1336 | NS      | $107654.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                            | Cisco Systems, Inc. COM USD0.001                                       | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     18413 | NS      | $1062982.49   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                            | Kinder Morgan, Inc. COM USD0.01                                        | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     31493 | NS      | $828265.90    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings Inc.      | Knight-Swift Transportation Holdings Inc. COM USD0.01 CLASS A          | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1287 | NS      | $50411.79     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                           | Booking Holdings Inc COM USD0.008                                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       100 | NS      | $509928.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Amcor PLC                                      | Amcor PLC COM USD0.01                                                  | CUSIP: G0250X107<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |     16784 | NS      | $154410.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation                 | Texas Pacific Land Corporation COM                                     | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       120 | NS      | $154664.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| TKO Group Holdings Inc.                        | TKO Group Holdings Inc. CL A                                           | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       729 | NS      | $118761.39    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Solventum Corp.                                | Solventum Corp. COM SHS                                                | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |      1097 | NS      | $72533.64     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corporation                       | Lam Research Corporation COM NEW                                       | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      2327 | NS      | $166776.09    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation                   | Encompass Health Corporation COM USD0.01                               | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      2116 | NS      | $247550.84    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PLC                | Seagate Technology Holdings PLC ORD SHS                                | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |       931 | NS      | $84748.93     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                                     | Corpay Inc COM SHS                                                     | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |       359 | NS      | $116807.83    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                             | Royalty Pharma PLC COM USD0.0001 CLASS A                               | CUSIP: G7709Q104<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |      8587 | NS      | $281825.34    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust                | Federal Realty Investment Trust SH BEN INT NEW                         | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |      1914 | NS      | $179954.28    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC                            | TE Connectivity PLC ORD SHS                                            | CUSIP: G87052109<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |      1099 | NS      | $160871.62    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                                 | Servicenow Inc COM USD0.001                                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      1900 | NS      | $1814519.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC                          | Eaton Corporation PLC COM USD0.01                                      | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     31508 | NS      | $9275009.96   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| The Clorox Company                             | The Clorox Company COM USD1.00                                         | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |       936 | NS      | $133192.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corporation of America               | Packaging Corporation of America COM USD0.01                           | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      1028 | NS      | $190807.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                             | Conagra Brands Inc COM USD5.00                                         | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |      8020 | NS      | $198174.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corporation                         | CMS Energy Corporation COM USD0.01                                     | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |      3357 | NS      | $247243.05    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Company, Inc.                             | Trex Company, Inc. COM USD0.01                                         | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59007 | NS      | $3411784.74   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems, Inc.                    | Casella Waste Systems, Inc. COM USD0.01 CL'A'                          | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     41931 | NS      | $4924795.95   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |  10259445 | NS      | $10259444.59  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                               | Amazon.com, Inc. COM USD0.01                                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    164533 | NS      | $30343175.86  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Aaon Inc                                       | Aaon Inc COM STK USD0.004                                              | CUSIP: 000360206<br>LEI: 549300ZHF0E5VM7PUD37 | Long             | EC               | CORP              | US        |     17212 | NS      | $1570939.24   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                     | Kadant Inc COM USD0.01                                                 | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |     10406 | NS      | $3069770.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Airbnb Inc                                     | Airbnb Inc COM CL A                                                    | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     42616 | NS      | $5195742.72   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                      | Tesla Inc COM USD0.001                                                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     28110 | NS      | $7931517.60   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Balchem Corp                                   | Balchem Corp COM USD0.0666                                             | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |     10801 | NS      | $1690896.55   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro Inc                                      | Enpro Inc COM USD0.01                                                  | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |     10666 | NS      | $1593500.40   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Global E Online Ltd                            | Global E Online Ltd SHS                                                | CUSIP: M5216V106<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     35253 | NS      | $1265935.23   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc                       | Procore Technologies Inc COM                                           | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |     58258 | NS      | $3733755.22   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners Inc.               | Pinnacle Financial Partners Inc. COM USD1.00                           | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |     23564 | NS      | $2362055.36   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers Inc                             | Cohen & Steers Inc COM USD0.01                                         | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Long             | EC               | CORP              | US        |     27026 | NS      | $2062624.32   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                               | RBC Bearings Inc COM STK USD0.01                                       | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9038 | NS      | $2969615.66   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Yeti Holdings Inc                              | Yeti Holdings Inc COM USD0.01                                          | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     39403 | NS      | $1124955.65   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corporation                               | Pool Corporation COM USD0.001                                          | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      7785 | NS      | $2282094.90   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                                 | Five Below Inc COM USD0.01                                             | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |     15700 | NS      | $1191473.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Camtek Limited                                 | Camtek Limited ILS0.01                                                 | CUSIP: M20791105<br>LEI: 5493000H80W07HCKGS43 | Long             | EC               | CORP              | IL        |     21124 | NS      | $1380242.16   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| ICF International Inc                          | ICF International Inc COM STK USD0.001                                 | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |     24192 | NS      | $2055352.32   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries Inc                             | UFP Industries Inc COM                                                 | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     15046 | NS      | $1487297.10   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings Inc              | Clearwater Analytics Holdings Inc CL A                                 | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77347 | NS      | $1758870.78   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc                               | Ensign Group Inc COM USD0.001                                          | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |     19351 | NS      | $2496085.49   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                       | Fabrinet COM USD0.01                                                   | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |     14591 | NS      | $2992030.46   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corporation                  | Paylocity Holding Corporation COM USD0.001                             | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |     14577 | NS      | $2800241.70   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                   | NVIDIA Corp. COM USD0.001                                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    303888 | NS      | $33099480.96  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                     | Apple Inc. COM USD0.00001                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     97308 | NS      | $20677950.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd.   | Taiwan Semiconductor Manufacturing Co., Ltd. SPON ADS REP 5 ORD TWD10  | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     23276 | NS      | $3879876.44   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International, Inc.                   | Marriott International, Inc. COM USD0.01 CLASS A                       | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     18395 | NS      | $4388679.10   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                                   | Target Corp. COM STK USD0.0833                                         | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     22250 | NS      | $2151575.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                                   | Target Corp. COM STK USD0.0833                                         | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     35456 | NS      | $3428595.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                                | Xcel Energy Inc COM USD2.5                                             | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     49960 | NS      | $3532172.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                   | General Dynamics Corporation COM USD1.00                               | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     24870 | NS      | $6767624.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Grainger W W Inc                               | Grainger W W Inc COM USD0.50                                           | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      1337 | NS      | $1369502.47   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Grainger W W Inc                               | Grainger W W Inc COM USD0.50                                           | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      8772 | NS      | $8985247.32   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc.                       | Illinois Tool Works Inc. COM USD0.01                                   | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     13924 | NS      | $3340506.84   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                     | Intuit Inc COM USD0.01                                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     14784 | NS      | $9276516.48   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                                | Eli Lilly & Co. COM NPV                                                | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      5692 | NS      | $5116823.40   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.                          | Lowes Companies, Inc. COM USD0.50                                      | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     30011 | NS      | $6709259.16   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                  | Chevron Corp. COM USD0.75                                              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33582 | NS      | $4569166.92   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc.               | Marsh & McLennan Companies, Inc. COM USD1.00                           | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     39053 | NS      | $8805279.91   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc.               | Marsh & McLennan Companies, Inc. COM USD1.00                           | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     29526 | NS      | $6657227.22   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                                | Microsoft Corp. COM USD0.00000625                                      | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     70453 | NS      | $27847252.78  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                               | Novo Nordisk A/S ADR-REP 1 CLASS'B'DKK1                                | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     50464 | NS      | $3353332.80   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corporation                               | PG&E Corporation COM NPV                                               | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    283663 | NS      | $4686112.76   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                  | Netflix, Inc. COM USD0.001                                             | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     16420 | NS      | $18582842.40  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| The Sherwin-Williams Company                   | The Sherwin-Williams Company COM USD1                                  | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     22145 | NS      | $7815413.40   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co.                                   | Southern Co. COM USD5                                                  | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     76305 | NS      | $7011666.45   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                  | Accenture PLC CLS'A'USD0.0000225                                       | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     19596 | NS      | $5862143.40   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                                | Salesforce Inc. COM USD0.001                                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     40754 | NS      | $10951007.34  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC                          | Eaton Corporation PLC COM USD0.01                                      | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     11794 | NS      | $3471799.78   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc.                                  | Prologis Inc. COM USD0.01                                              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     56255 | NS      | $5749261.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                              | Exxon Mobil Corp. COM NPV                                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     65468 | NS      | $6915384.84   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                 | Citigroup Inc. COM USD0.01                                             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     74829 | NS      | $5116807.02   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                     | Nasdaq Inc COM USD0.01                                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     81776 | NS      | $6232148.96   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.                      | Travelers Companies, Inc. COM NPV                                      | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     25467 | NS      | $6726598.71   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.                   | Mondelez International, Inc. COM NPV                                   | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     60363 | NS      | $4112531.19   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc.                           | Elevance Health Inc. COM USD0.01                                       | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     11113 | NS      | $4673905.54   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                    | AbbVie Inc. COM USD0.01                                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     27816 | NS      | $5426901.60   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                              | Omnicom Group Inc COM USD0.15                                          | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |      1999 | NS      | $152243.84    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories International, Inc. | Charles River Laboratories International, Inc. COM STK USD0.01         | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |       303 | NS      | $35941.86     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc                     | Thermon Group Holdings Inc COM USD0.001                                | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |     28786 | NS      | $755056.78    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                              | Hershey Co. (The) COM USD1.00                                          | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |       865 | NS      | $144619.35    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Hologic Inc                                    | Hologic Inc COM USD0.01                                                | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |      4177 | NS      | $243101.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corporation                              | Intel Corporation COM USD0.001                                         | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |      6461 | NS      | $129866.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corporation                       | Kimco Realty Corporation COM USD0.01                                   | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |      6157 | NS      | $123016.86    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                               | Boise Cascade Co COM USD0.01                                           | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     15026 | NS      | $1401625.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ncino Inc.                                     | Ncino Inc. COM                                                         | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |     49456 | NS      | $1147379.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Sonic Automotive, Inc.                         | Sonic Automotive, Inc. COM USD0.01 CL'A'                               | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |     13075 | NS      | $793914.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Conmed Corporation                             | Conmed Corporation COM USD0.01                                         | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |     27397 | NS      | $1345466.67   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Paypal Holdings Inc.                           | Paypal Holdings Inc. COM USD0.0001                                     | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    109653 | NS      | $7219553.52   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                       | Visa Inc COM STK USD0.0001                                             | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     61978 | NS      | $21413399.00  | 1.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Meta Platforms Inc                             | Meta Platforms Inc COM USD0.000006 CL 'A'                              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     42078 | NS      | $23100822.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                         | Palo Alto Networks Inc COM USD0.0001                                   | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     59384 | NS      | $11100651.12  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Incorporated                          | Teleflex Incorporated COM USD1                                         | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |     17839 | NS      | $2444834.95   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc.                       | Extra Space Storage Inc. COM USD0.01                                   | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |     11998 | NS      | $1757946.96   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                              | ASML Holding N.V. NY REGISTRY SHS                                      | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     10291 | NS      | $6875211.28   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                  | Alphabet Inc. CAP STK USD0.001 CL A                                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     58354 | NS      | $9266615.20   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Arhaus Inc                                     | Arhaus Inc COM CL A                                                    | CUSIP: 04035M102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    143755 | NS      | $1129914.30   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings Inc                              | Loar Holdings Inc COM SHS                                              | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9451 | NS      | $893875.58    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Federal Home Loan Banks                        | FHLBDN 0 05/01/25                                                      | CUSIP: 313385FA9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   4860000 | PA      | $4859428.95   | 0.30%             | 2025-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American International Group Inc.              | American International Group Inc. COM USD2.50                          | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     83267 | NS      | $6787925.84   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                     | Diageo PLC ORD GBP0.28 101/108                                         | CUSIP: G42089113<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |     86297 | NS      | $2423253.83   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Group PLC                    | Reckitt Benckiser Group PLC ORD GBP0.10                                | CUSIP: G74079107<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |     33696 | NS      | $2174959.73   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                      | Nestle SA CHF0.10 (REGD)                                               | CUSIP: H57312649<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     49046 | NS      | $5220327.98   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Red Rock Resorts Inc                           | Red Rock Resorts Inc COM USD0.01 CL A                                  | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140289 | NS      | $5990340.30   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp Del                         | Liberty Media Corp Del COM LBTY ONE S C                                | CUSIP: 531229755<br>LEI: 549300ZKUTPIBZLWLL89 | Long             | EC               | CORP              | US        |     25922 | NS      | $2298503.74   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                               | Duke Energy Corp COM USD0.001                                          | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     64253 | NS      | $7840151.06   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC             | Johnson Controls International PLC COM USD1.00                         | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     23501 | NS      | $1971733.90   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc     | Fidelity National Information Services Inc COM USD0.01                 | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     26098 | NS      | $2058610.24   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart (Maryland)                           | CubeSmart (Maryland) COM USD0.01                                       | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89443 | NS      | $3637646.81   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc                 | Fortune Brands Innovations Inc USD0.01                                 | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |     29414 | NS      | $1583061.48   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson Public Limited Company    | Willis Towers Watson Public Limited Company COM USD0.000304635         | CUSIP: G96629103<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |      8177 | NS      | $2516880.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corporation                             | Enovis Corporation COM                                                 | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |     41151 | NS      | $1423413.09   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                       | Ferguson Enterprises Inc COMMON STOCK NEW                              | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     11145 | NS      | $1890860.70   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corporation                              | Ciena Corporation COM STK USD0.01                                      | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     29153 | NS      | $1957915.48   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries, Inc.            | Huntington Ingalls Industries, Inc. COM USD0.01                        | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |     16539 | NS      | $3809593.26   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                          | Civitas Resources Inc COM NEW                                          | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |     27812 | NS      | $757877.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr Cooper Group Inc                            | Mr Cooper Group Inc COM USD0.01                                        | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |     31504 | NS      | $3749291.04   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Solventum Corp.                                | Solventum Corp. COM SHS                                                | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |     16257 | NS      | $1074912.84   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                         | Diamondback Energy Inc COM USD0.01                                     | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      7145 | NS      | $943211.45    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Godaddy Inc                                    | Godaddy Inc COM USD0.001 CLASS A                                       | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      8833 | NS      | $1663518.89   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc                           | Labcorp Holdings Inc COM SHS                                           | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10469 | NS      | $2523133.69   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Icon PLC                                       | Icon PLC ORD EUR0.06                                                   | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |     13868 | NS      | $2100169.92   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corporation                   | Envista Holdings Corporation COM USD0.01                               | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |     43955 | NS      | $706796.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |       500 | NS      | $500.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   2023725 | NS      | $2023725.24   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund                            | Vanguard World Fund VANGUARD CONSUMER STPLS ETF                        | CUSIP: 92204A207<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |    261144 | NS      | $57676263.84  | 3.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Schwab Strategic Trust                         | Schwab Strategic Trust US REIT ETF                                     | CUSIP: 808524847<br>LEI: 549300NAZEQOIX80E226 | Long             | EC               | RF                | US        |    759452 | NS      | $15971275.56  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund                            | Vanguard World Fund HEALTH CAR ETF                                     | CUSIP: 92204A504<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |    250665 | NS      | $64142666.85  | 4.00%             |  |  |  | No            |                  1 | On Loan: —       |
| BellRing Intermediate Holdings Inc.            | BellRing Intermediate Holdings Inc. COMMON STOCK                       | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |     38008 | NS      | $2931937.12   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corporation Of Florida        | Seacoast Banking Corporation Of Florida COM USD0.10                    | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |     64401 | NS      | $1526947.71   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| J&J Snack Foods Corp                           | J&J Snack Foods Corp COM NPV                                           | CUSIP: 466032109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10878 | NS      | $1409680.02   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc.                     | Merit Medical Systems Inc. COM NPV                                     | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |     16375 | NS      | $1546618.75   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Papa John's International Inc.                 | Papa John's International Inc. COM USD0.01                             | CUSIP: 698813102<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | EC               | CORP              | US        |     23088 | NS      | $797228.64    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc.                                    | Rambus Inc. COM USD0.001                                               | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     22341 | NS      | $1090017.39   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corp                                    | Banner Corp COM USD0.01                                                | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25596 | NS      | $1564939.44   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Amerisafe Inc                                  | Amerisafe Inc COM STK USD0.01                                          | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |     15587 | NS      | $724639.63    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |         6 | NS      | $6.29         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Company                   | Central Garden & Pet Company COM STK CL 'A' USD0.01                    | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |     23172 | NS      | $685196.04    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                                  | Insperity Inc COM USD0.01                                              | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |     14071 | NS      | $914755.71    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds TREAS PRT PRMR                            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   5415591 | NS      | $5415590.57   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc.                          | Alaska Air Group Inc. COM USD0.01                                      | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |     18126 | NS      | $802438.02    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesco International, Inc.                      | Wesco International, Inc. COM USD0.01                                  | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     40527 | NS      | $6604279.92   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corporation                  | Boston Scientific Corporation COM USD0.01                              | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     36519 | NS      | $3756709.53   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisign, Inc.                                 | Verisign, Inc. COM USD0.001                                            | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |     11353 | NS      | $3202908.36   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                             | Coterra Energy Inc COM USD0.10                                         | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     79602 | NS      | $1955025.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                      | Teledyne Technologies Inc COM USD0.01                                  | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      3114 | NS      | $1451217.42   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technologies Ltd.         | Check Point Software Technologies Ltd. ORD ILS0.01                     | CUSIP: M22465104<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |      3107 | NS      | $682172.92    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                                   | Illumina Inc COM USD0.01                                               | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |     22360 | NS      | $1735136.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                          | Freeport-McMoRan Inc. COM USD0.10                                      | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     88623 | NS      | $3193086.69   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                    | Humana Inc. COM USD0.166                                               | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     11155 | NS      | $2925287.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hartford Insurance Group Inc.              | The Hartford Insurance Group Inc. COM USD0.01                          | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     22307 | NS      | $2736399.69   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Lancaster Colony Corp.                         | Lancaster Colony Corp. COM NPV                                         | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |      8261 | NS      | $1344725.58   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc                  | Martin Marietta Materials Inc COM USD0.01                              | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      4248 | NS      | $2225867.04   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.        | Mid-America Apartment Communities, Inc. COM USD0.01                    | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     20723 | NS      | $3308426.95   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp.                                      | AAR Corp. COM USD1                                                     | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     27191 | NS      | $1453630.86   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                                        | NVR Inc COM USD0.01                                                    | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |       350 | NS      | $2494012.50   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Carmax Inc                                     | Carmax Inc COM USD0.50                                                 | CUSIP: 143130102<br>LEI: 529900F60CID3NCZM330 | Long             | EC               | CORP              | US        |     16535 | NS      | $1069318.45   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties                        | COPT Defense Properties COM USD0.01                                    | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     55612 | NS      | $1452029.32   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Stepan Co                                      | Stepan Co COM USD1                                                     | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |     25963 | NS      | $1312689.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corporation                              | Sysco Corporation COM USD1                                             | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     32504 | NS      | $2320785.60   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                                    | Hawkins Inc COM USD0.05                                                | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |     11473 | NS      | $1397181.94   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp                     | Sensient Technologies Corp COM USD0.10                                 | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |     10566 | NS      | $992675.70    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc.                                    | Ventas Inc. COM USD0.25                                                | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     24246 | NS      | $1699159.68   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeco Instruments Inc.                         | Veeco Instruments Inc. COM USD0.01                                     | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |     57325 | NS      | $1071977.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Avista Corporation                             | Avista Corporation COM NPV                                             | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |     26759 | NS      | $1109695.73   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp.                        | Webster Financial Corp. COM USD0.01                                    | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     31236 | NS      | $1477462.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co.                                  | SM Energy Co. COM USD0.01                                              | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     65495 | NS      | $1492631.05   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland Inc.                                   | Ashland Inc. COM USD0.01                                               | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |     45488 | NS      | $2474092.32   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                                        | AZZ Inc COM USD1                                                       | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     13201 | NS      | $1145318.76   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Companies                        | Piper Sandler Companies COM USD0.01                                    | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |      6563 | NS      | $1582470.56   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group Inc                                | Alamo Group Inc COM USD0.10                                            | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |      8141 | NS      | $1359384.18   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunstone Hotel Investors Inc.                  | Sunstone Hotel Investors Inc. COM USD0.01                              | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |     94544 | NS      | $788496.96    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NorthWestern Energy Group Inc                  | NorthWestern Energy Group Inc NEW COM USD0.01                          | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     19492 | NS      | $1135019.16   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Interparfums Inc                               | Interparfums Inc COM USD0.001                                          | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7367 | NS      | $804476.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp                    | National Bank Holdings Corp COM USD0.01                                | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31741 | NS      | $1147754.56   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare Inc               | Prestige Consumer Healthcare Inc COM USD0.01                           | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17145 | NS      | $1392688.35   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp.                                 | Renasant Corp. COM USD5                                                | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |     47423 | NS      | $1520855.61   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                                   | Innospec Inc COM USD0.01                                               | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |      9147 | NS      | $818473.56    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Potlatchdeltic Corp.                           | Potlatchdeltic Corp. COM USD1                                          | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |     32672 | NS      | $1254278.08   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| L3 Harris Technologies Inc                     | L3 Harris Technologies Inc COM USD1.00                                 | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     11878 | NS      | $2613397.56   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds LIQ ASET PORTF                            | CUSIP: 665279105<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   6799850 | NS      | $6799850.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds LIQ ASET PORTF                            | CUSIP: 665279105<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |    127980 | NS      | $127980.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds LIQ ASET PORTF                            | CUSIP: 665279105<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   2892123 | NS      | $2892123.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                   | Northern Institutional Funds LIQ ASET PORTF                            | CUSIP: 665279105<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   2504937 | NS      | $2504937.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Morningstar Funds Trust

**Signature:** D. Scott Schilling

**Name of Signer:** D. Scott Schilling

**Title:** Chief Compliance Officer