# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0000910472-26-007588
**Filing Date:** 2026-5
**Character Count:** 206260
**Document Hash:** 243a826e8537cc50eff52816dc9cf5a4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-007588.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000910472-26-007588

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST II
- **CENTRAL INDEX KEY:** 0001518042

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22549
- **FILM NUMBER:** 261029696

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2600

**MAIL ADDRESS:**
- **STREET 1:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022

## Series and Classes Contracts Data

### Acclivity Small Cap Value Fund (Series ID: S000063456)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000205616 | Acclivity Small Cap Value Class N Shares | AXVNX           |
| C000205617 | Acclivity Small Cap Value Class I Shares | AXVIX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5%** |  |
|  | **AEROSPACE & DEFENSE - 0.1%** |  |
| 94 | Huntington Ingalls Industries, Inc. <sup>(c)</sup> | $35711 |
| 108 | Mercury Systems, Inc.<sup>(a)</sup> | 7874 |
|  |  | 43585 |
|  | **APPAREL & TEXTILE PRODUCTS - 0.4%** |  |
| 1066 | Movado Group, Inc. | 26032 |
| 920 | PVH Corporation | 64179 |
| 149 | Tandy Leather Factory, Inc. | 344 |
| 784 | Weyco Group, Inc. | 25127 |
|  |  | 115682 |
|  | **ASSET MANAGEMENT - 1.5%** |  |
| 111 | Affiliated Managers Group, Inc. | 30714 |
| 3116 | Cannae Holdings, Inc. | 35429 |
| 1928 | Compass Diversified Holdings | 15154 |
| 1097 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. <sup>(c)</sup> | 40315 |
| 2186 | Janus Henderson Group PLC | 112295 |
| 2600 | Medallion Financial Corporation<sup>(c)</sup> | 22256 |
| 1107 | Oppenheimer Holdings, Inc., Class A | 98733 |
| 136 | Virtus Investment Partners, Inc. | 18271 |
| 1099 | Voya Financial, Inc. | 75084 |
|  |  | 448251 |
|  | **AUTOMOTIVE - 2.4%** |  |
| 1713 | Autoliv, Inc. | 180139 |
| 2061 | BorgWarner, Inc. <sup>(c)</sup> | 111830 |
| 4549 | Dauch Corporation<sup>(a)</sup> | 26976 |
| 514 | Fox Factory Holding Corporation<sup>(a)</sup> | 8460 |
| 1213 | Gentex Corporation | 26504 |
| 783 | Gentherm, Inc.<sup>(a)</sup> | 21752 |
| 6492 | Goodyear Tire & Rubber Company (The)<sup>(a)</sup> | 43042 |
| 1266 | Harley-Davidson, Inc. | 25598 |
| 8123 | Holley, Inc.<sup>(a)</sup> | 24938 |
| 1226 | Lear Corporation | 148444 |
| 9635 | Microvast Holdings, Inc.<sup>(a)</sup> | 14452 |
| 712 | Miller Industries, Inc. | 32432 |
| 876 | Standard Motor Products, Inc. | 30432 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **AUTOMOTIVE - 2.4% (Continued)** |  |
| 256 | Visteon Corporation | $23324 |
|  |  | 718323 |
|  | **BANKING - 14.4%** |  |
| 386 | 1st Source Corporation | 26715 |
| 1974 | Ameris Bancorp | 153952 |
| 351 | Axos Financial, Inc.<sup>(a)</sup> | 29867 |
| 2103 | Bank OZK<sup>(c)</sup> | 96507 |
| 1743 | BankUnited, Inc. | 78714 |
| 551 | Banner Corporation<sup>(c)</sup> | 33435 |
| 512 | BayCom Corporation | 15219 |
| 462 | Beacon Financial Corporation | 13860 |
| 1452 | Byline Bancorp, Inc. | 45840 |
| 443 | C&F Financial Corporation | 32312 |
| 621 | Capital Bancorp, Inc. | 18468 |
| 688 | Cathay General Bancorp<sup>(c)</sup> | 34304 |
| 649 | CNB Financial Corporation | 18795 |
| 378 | Colony Bankcorp, Inc. | 7549 |
| 3361 | Columbia Banking System, Inc. | 92192 |
| 453 | Community Trust Bancorp, Inc. | 27506 |
| 602 | Customers Bancorp, Inc.<sup>(a)</sup> | 41785 |
| 1788 | CVB Financial Corporation | 34669 |
| 166 | Eagle Bancorp Montana, Inc. | 3416 |
| 1162 | Enterprise Financial Services Corporation | 62876 |
| 568 | FB Financial Corporation | 29502 |
| 830 | Fifth Third Bancorp<sup>(c)</sup> | 38562 |
| 580 | Financial Institutions, Inc. | 18392 |
| 862 | First Bancorp<sup>(c)</sup> | 48574 |
| 3809 | First Commonwealth Financial Corporation | 66962 |
| 3409 | First Financial Bancorp | 95043 |
| 563 | First Financial Corporation | 35582 |
| 2117 | First Hawaiian, Inc. | 52163 |
| 858 | First Horizon Corporation<sup>(c)</sup> | 19528 |
| 2066 | First Interstate BancSystem, Inc., Class A<sup>(c)</sup> | 69004 |
| 2371 | First Merchants Corporation<sup>(c)</sup> | 91829 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **BANKING - 14.4% (Continued)** |  |
| 691 | First Mid Bancshares, Inc. | $28462 |
| 4563 | FNB Corporation | 76293 |
| 196 | FS Bancorp, Inc. | 7564 |
| 1622 | Fulton Financial Corporation<sup>(c)</sup> | 32991 |
| 797 | Glacier Bancorp, Inc. | 35602 |
| 2296 | Hancock Whitney Corporation | 146003 |
| 1078 | Hanmi Financial Corporation | 28416 |
| 2595 | Heritage Commerce Corporation | 32386 |
| 1426 | Heritage Financial Corporation<sup>(c)</sup> | 37076 |
| 613 | Hilltop Holdings, Inc. | 21958 |
| 290 | Home Bancorp, Inc. | 17568 |
| 2189 | Home BancShares, Inc. | 58950 |
| 739 | HomeTrust Bancshares, Inc. | 31518 |
| 5096 | Huntington Bancshares, Inc. | 79752 |
| 1618 | Independent Bank Corporation (MA)<sup>(c)</sup> | 121690 |
| 739 | Independent Bank Corporation (MI) | 24609 |
| 969 | International Bancshares Corporation | 65204 |
| 828 | Midland States Bancorp, Inc. | 18473 |
| 1053 | National Bank Holdings Corporation, Class A | 41235 |
| 527 | NBT Bancorp, Inc. | 22440 |
| 5135 | Northwest Bancshares, Inc. | 65163 |
| 1487 | OceanFirst Financial Corporation | 26825 |
| 3798 | Old National Bancorp<sup>(c)</sup> | 83936 |
| 3280 | Old Second Bancorp, Inc. | 66125 |
| 1935 | Peoples Bancorp, Inc. | 63603 |
| 806 | Pinnacle Financial Partners, Inc. | 69429 |
| 1440 | Prosperity Bancshares, Inc. | 96739 |
| 1707 | Renasant Corporation | 61674 |
| 243 | Republic Bancorp, Inc., Class A | 17144 |
| 3100 | Republic First Bancorp, Inc.<sup>(a)</sup> |  |
| 1536 | S&T Bancorp, Inc.<sup>(c)</sup> | 64251 |
| 2299 | Seacoast Banking Corporation of Florida | 69637 |
| 240 | Sierra Bancorp | 8141 |
| 1260 | SouthState Bank Corporation | 116575 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **BANKING - 14.4% (Continued)** |  |
| 2035 | Stellar Bancorp, Inc. | $74501 |
| 1177 | Towne Bank | 39630 |
| 787 | TriCompany Bancshares | 37414 |
| 783 | TrustCompany Bank Corporation | 34280 |
| 2033 | Trustmark Corporation | 85671 |
| 172 | United Bancshares, Inc. | 6631 |
| 2726 | United Bankshares, Inc. <sup>(c)</sup> | 112911 |
| 2462 | United Community Banks, Inc. | 77528 |
| 507 | Unity Bancorp, Inc. | 26278 |
| 577 | Univest Financial Corporation | 19768 |
| 6780 | Valley National Bancorp | 83258 |
| 1274 | Webster Financial Corporation | 88441 |
| 1252 | WesBanco, Inc. | 43181 |
| 639 | Westamerica BanCorporation | 33324 |
| 1565 | Western Alliance Bancorp | 110880 |
| 2406 | WSFS Financial Corporation<sup>(c)</sup> | 157497 |
| 1988 | Zions Bancorporation, National Association | 114549 |
|  |  | 4316296 |
|  | **BEVERAGES - 1.5%** |  |
| 1840 | Coca-Cola Consolidated, Inc. | 352801 |
| 466 | MGP Ingredients, Inc. | 8570 |
| 2211 | Molson Coors Beverage Company, Class B<sup>(c)</sup> | 95206 |
|  |  | 456577 |
|  | **BIOTECH & PHARMA - 2.7%** |  |
| 2658 | Alkermes PLC<sup>(a)</sup> | 93987 |
| 1326 | Amphastar Pharmaceuticals, Inc.<sup>(a),(c)</sup> | 25976 |
| 266 | ANI Pharmaceuticals, Inc.<sup>(a)</sup> | 20455 |
| 2094 | Arrowhead Pharmaceuticals, Inc.<sup>(a),(c)</sup> | 131294 |
| 950 | BioMarin Pharmaceutical, Inc.<sup>(a)</sup> | 53665 |
| 2628 | Elanco Animal Health, Inc.<sup>(a),(c)</sup> | 62888 |
| 981 | Exelixis, Inc.<sup>(a)</sup> | 42075 |
| 1389 | Halozyme Therapeutics, Inc.<sup>(a)</sup> | 89771 |
| 1009 | Harmony Biosciences Holdings, Inc.<sup>(a),(c)</sup> | 28262 |
| 147 | Innoviva, Inc.<sup>(a)</sup> | 3425 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **BIOTECH & PHARMA - 2.7% (Continued)** |  |
| 751 | Jazz Pharmaceuticals PLC<sup>(a)</sup> | $141977 |
| 110 | Ligand Pharmaceuticals, Inc., Class B<sup>(a)</sup> | 21962 |
| 2030 | Pacira BioSciences, Inc.<sup>(a),(c)</sup> | 45878 |
| 408 | Prestige Consumer Healthcare, Inc.<sup>(a)</sup> | 24182 |
| 652 | Supernus Pharmaceuticals, Inc.<sup>(a)</sup> | 33702 |
|  |  | 819499 |
|  | **CABLE & SATELLITE - 0.5%** |  |
| 268 | Cable One, Inc.<sup>(a),(c)</sup> | 24444 |
| 6035 | Sirius XM Holdings, Inc. | 139288 |
|  |  | 163732 |
|  | **CHEMICALS - 2.7%** |  |
| 1362 | AdvanSix, Inc. | 33233 |
| 905 | Ashland, Inc. | 50327 |
| 727 | Avient Corporation | 26390 |
| 492 | Celanese Corporation | 32359 |
| 1104 | Eastman Chemical Company | 84257 |
| 3877 | Ecovyst, Inc.<sup>(a)</sup> | 49858 |
| 1542 | Huntsman Corporation | 20524 |
| 750 | Intrepid Potash, Inc.<sup>(a)</sup> | 32078 |
| 1203 | Koppers Holdings, Inc. | 46532 |
| 1208 | Minerals Technologies, Inc. | 85672 |
| 2074 | Mosaic Company (The) | 52887 |
| 276 | NewMarket Corporation | 176902 |
| 313 | Quaker Chemical Corporation | 38884 |
| 990 | Rayonier Advanced Materials, Inc.<sup>(a),(c)</sup> | 10959 |
| 292 | Rogers Corporation<sup>(a)</sup> | 31340 |
| 684 | Stepan Company | 34186 |
|  |  | 806388 |
|  | **COMMERCIAL SUPPORT SERVICES - 2.2%** |  |
| 698 | ABM Industries, Inc. | 26887 |
| 15590 | ADT, Inc. | 102426 |
| 954 | AMN Healthcare Services, Inc.<sup>(a)</sup> | 17496 |
| 1410 | Aramark | 57161 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **COMMERCIAL SUPPORT SERVICES - 2.2% (Continued)** |  |
| 2869 | BrightView Holdings, Inc.<sup>(a)</sup> | $33826 |
| 1080 | Brink's Company (The) | 111920 |
| 962 | CoreCivic, Inc.<sup>(a)</sup> | 18192 |
| 1411 | Deluxe Corporation<sup>(c)</sup> | 38859 |
| 2372 | GEO Group, Inc. (The)<sup>(a)</sup> | 39873 |
| 1773 | Kelly Services, Inc., Class A | 15691 |
| 535 | Korn Ferry | 33678 |
| 1408 | ManpowerGroup, Inc. | 41480 |
| 520 | UniFirst Corporation | 130827 |
|  |  | 668316 |
|  | **CONSTRUCTION MATERIALS - 0.4%** |  |
| 2871 | Concrete Pumping Holdings, Inc.<sup>(a)</sup> | 20499 |
| 657 | Simpson Manufacturing Company, Inc. | 112754 |
|  |  | 133253 |
|  | **CONSUMER SERVICES - 1.0%** |  |
| 745 | American Public Education, Inc.<sup>(a)</sup> | 42376 |
| 472 | Carriage Services, Inc. | 21551 |
| 132 | Graham Holdings Company, Class B | 139558 |
| 713 | Matthews International Corporation, Class A | 18410 |
| 1197 | Perdoceo Education Corporation | 44540 |
| 333 | Strategic Education, Inc. | 27626 |
|  |  | 294061 |
|  | **CONTAINERS & PACKAGING - 0.5%** |  |
| 436 | Greif, Inc., Class A | 29243 |
| 2818 | O-I Glass, Inc.<sup>(a)</sup> | 29617 |
| 208 | Ranpak Holdings Corporation<sup>(a)</sup> | 743 |
| 1169 | Sealed Air Corporation | 49156 |
| 1286 | Silgan Holdings, Inc.<sup>(c)</sup> | 49897 |
|  |  | 158656 |
|  | **ELECTRICAL EQUIPMENT - 1.4%** |  |
| 513 | Acuity, Inc. | 143753 |
| 695 | Atkore, Inc. | 40943 |
| 257 | Belden, Inc. | 29511 |
| 1353 | Hayward Holdings, Inc.<sup>(a)</sup> | 18103 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **ELECTRICAL EQUIPMENT - 1.4% (Continued)** |  |
| 676 | Kimball Electronics, Inc.<sup>(a)</sup> | $16015 |
| 153 | Littelfuse, Inc. | 51921 |
| 195 | Preformed Line Products Company | 52796 |
| 947 | Sensata Technologies Holding PLC | 33353 |
| 1288 | Vontier Corporation | 45685 |
|  |  | 432080 |
|  | **ENGINEERING & CONSTRUCTION - 0.9%** |  |
| 666 | Installed Building Products, Inc. | 176590 |
| 1648 | Mistras Group, Inc.<sup>(a)</sup> | 24357 |
| 414 | Primoris Services Corporation | 59219 |
| 151 | Tutor Perini Corporation | 11656 |
|  |  | 271822 |
|  | **ENTERTAINMENT CONTENT - 0.4%** |  |
| 3066 | AMC Networks, Inc., Class A<sup>(a)</sup> | 20818 |
| 2617 | Paramount Skydance Corporation, Class B | 23605 |
| 602 | Sphere Entertainment Company<sup>(a)</sup> | 70675 |
|  |  | 115098 |
|  | **FOOD - 2.4%** |  |
| 1325 | Cal-Maine Foods, Inc. <sup>(c)</sup> | 104874 |
| 2117 | Conagra Brands, Inc. | 33279 |
| 2266 | Darling Ingredients, Inc.<sup>(a)</sup> | 140152 |
| 1052 | Ingredion, Inc. | 118518 |
| 7208 | Krispy Kreme, Inc. | 24435 |
| 556 | Post Holdings, Inc.<sup>(a)</sup> | 54966 |
| 30 | Seaboard Corporation | 169621 |
| 312 | Seneca Foods Corporation, Class A<sup>(a)</sup> | 47149 |
| 799 | USANA Health Sciences, Inc.<sup>(a)</sup> | 13959 |
|  |  | 706953 |
|  | **FORESTRY, PAPER & WOOD PRODUCTS - 0.1%** |  |
| 477 | Boise Cascade Company | 36180 |
|  | **HEALTH CARE FACILITIES & SERVICES - 3.1%** |  |
| 3160 | Acadia Healthcare Company, Inc.<sup>(a)</sup> | 73912 |
| 4239 | AdaptHealth Corporation<sup>(a)</sup> | 50444 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **HEALTH CARE FACILITIES & SERVICES - 3.1% (Continued)** |  |
| 198 | Charles River Laboratories International, Inc.<sup>(a)</sup> | $34155 |
| 363 | Chemed Corporation | 137120 |
| 1252 | DaVita, Inc.<sup>(a),(c)</sup> | 192420 |
| 6374 | GoodRx Holdings, Inc.<sup>(a)</sup> | 12493 |
| 426 | Henry Schein, Inc.<sup>(a)</sup> | 31396 |
| 570 | National HealthCare Corporation | 91029 |
| 1184 | Option Care Health, Inc.<sup>(a)</sup> | 31873 |
| 4302 | Pediatrix Medical Group, Inc.<sup>(a)</sup> | 92020 |
| 7436 | Sotera Health Company<sup>(a)</sup> | 106632 |
| 8573 | Teladoc Health, Inc.<sup>(a)</sup> | 46723 |
| 308 | U.S. Physical Therapy, Inc. | 23088 |
|  |  | 923305 |
|  | **HOME & OFFICE PRODUCTS - 0.3%** |  |
| 7992 | ACCO Brands Corporation | 23976 |
| 1185 | HNI Corporation | 39567 |
| 1282 | MillerKnoll, Inc.<sup>(c)</sup> | 18538 |
|  |  | 82081 |
|  | **HOME CONSTRUCTION - 2.3%** |  |
| 352 | American Woodmark Corporation<sup>(a)</sup> | 14020 |
| 1120 | Beazer Homes USA, Inc.<sup>(a),(c)</sup> | 21549 |
| 1152 | Century Communities, Inc. | 66102 |
| 1715 | Forestar Group, Inc.<sup>(a)</sup> | 41915 |
| 621 | Green Brick Partners, Inc.<sup>(a),(c)</sup> | 40023 |
| 256 | Hovnanian Enterprises, Inc., Class A<sup>(a)</sup> | 28393 |
| 857 | Interface, Inc. | 21356 |
| 1434 | KB Home | 74209 |
| 426 | LGI Homes, Inc.<sup>(a)</sup> | 16840 |
| 663 | M/I Homes, Inc.<sup>(a)</sup> | 81184 |
| 834 | Meritage Homes Corporation | 51575 |
| 906 | Mohawk Industries, Inc.<sup>(a)</sup> | 89205 |
| 1611 | Taylor Morrison Home Corporation<sup>(a)</sup> | 93825 |
| 1241 | Tri Pointe Homes, Inc.<sup>(a)</sup> | 57992 |
|  |  | 698188 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **HOUSEHOLD PRODUCTS - 0.6%** |  |
| 2504 | Central Garden & Pet Company, Class A<sup>(a)</sup> | $81180 |
| 1843 | Edgewell Personal Care Company | 39329 |
| 770 | Spectrum Brands Holdings, Inc. | 56749 |
|  |  | 177258 |
|  | **INDUSTRIAL INTERMEDIATE PRODUCTS – 1.4%** |  |
| 189 | Eastern Company (The) | 3825 |
| 415 | Gibraltar Industries, Inc.<sup>(a)</sup> | 16546 |
| 4478 | Hillman Solutions Corporation<sup>(a)</sup> | 37257 |
| 466 | Insteel Industries, Inc. | 15662 |
| 388 | Mueller Industries, Inc. | 42991 |
| 788 | Park-Ohio Holdings Corporation | 18944 |
| 691 | Proto Labs, Inc.<sup>(a)</sup> | 39401 |
| 485 | Timken Company (The) | 48776 |
| 469 | Valmont Industries, Inc. | 187398 |
|  |  | 410800 |
|  | **INDUSTRIAL SUPPORT SERVICES - 1.3%** |  |
| 899 | MSC Industrial Direct Company, Inc., Class A | 82951 |
| 3738 | Resideo Technologies, Inc.<sup>(a)</sup> | 126008 |
| 450 | Rush Enterprises, Inc., Class A<sup>(c)</sup> | 29750 |
| 2189 | Titan Machinery, Inc.<sup>(a)</sup> | 36600 |
| 402 | WESCO International, Inc. | 109995 |
|  |  | 385304 |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 0.2%** |  |
| 1110 | Jefferies Financial Group, Inc. | 45810 |
| 610 | Virtu Financial, Inc., Class A | 26828 |
|  |  | 72638 |
|  | **INSURANCE - 6.1%** |  |
| 1294 | Assured Guaranty Ltd. | 105435 |
| 1740 | Axis Capital Holdings Ltd. | 176453 |
| 705 | Brighthouse Financial, Inc.<sup>(a)</sup> | 42215 |
| 1169 | CNO Financial Group, Inc. | 47999 |
| 2063 | Donegal Group, Inc., Class A | 35442 |
| 1882 | Employers Holdings, Inc. | 77426 |
| 23070 | Genworth Financial, Inc., Class A<sup>(a)</sup> | 187328 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **INSURANCE - 6.1% (Continued)** |  |
| 1716 | Global Indemnity Group, LLC, Class A | $46727 |
| 1535 | Heritage Insurance Holdings, Inc.<sup>(a)</sup> | 40294 |
| 2186 | Horace Mann Educators Corporation | 93298 |
| 1269 | Jackson Financial, Inc. | 134159 |
| 1848 | Kemper Corporation | 56475 |
| 793 | Lincoln National Corporation | 28152 |
| 1825 | NMI Holdings, Inc., Class A<sup>(a)</sup> | 68456 |
| 5200 | Old Republic International Corporation | 207480 |
| 5160 | ProAssurance Corporation<sup>(a),(c)</sup> | 127555 |
| 391 | Safety Insurance Group, Inc. | 28402 |
| 2849 | Security National Financial Corporation, Class A<sup>(a)</sup> | 27009 |
| 824 | Selective Insurance Group, Inc. | 62121 |
| 6419 | SiriusPoint Ltd.<sup>(a)</sup> | 138265 |
| 246 | Unico American Corporation<sup>(a)</sup> |  |
| 2961 | United Fire Group, Inc. | 109735 |
|  |  | 1840426 |
|  | **INTERNET MEDIA & SERVICES - 1.0%** |  |
| 3127 | Angi, Inc.<sup>(a)</sup> | 21420 |
| 5530 | Bumble, Inc., Class A<sup>(a)</sup> | 18028 |
| 2679 | IAC, Inc.<sup>(a)</sup> | 107240 |
| 11695 | Lyft, Inc., Class A<sup>(a),(c)</sup> | 155544 |
|  |  | 302232 |
|  | **LEISURE FACILITIES & SERVICES - 2.8%** |  |
| 10 | Ark Restaurants Corporation<sup>(a)</sup> | 66 |
| 128 | Biglari Holdings, Inc.<sup>(a)</sup> | 42187 |
| 1727 | Boyd Gaming Corporation<sup>(c)</sup> | 141925 |
| 441 | Brinker International, Inc.<sup>(a)</sup> | 62962 |
| 4060 | Caesars Entertainment, Inc.<sup>(a),(c)</sup> | 107306 |
| 911 | Cheesecake Factory, Inc. (The) | 49877 |
| 1994 | El Pollo Loco Holdings, Inc.<sup>(a)</sup> | 27637 |
| 1106 | Golden Entertainment, Inc. | 29519 |
| 714 | Hilton Grand Vacations, Inc.<sup>(a),(c)</sup> | 27932 |
| 2641 | Marcus Corporation (The) | 45346 |
| 1390 | Marriott Vacations Worldwide Corporation | 90517 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **LEISURE FACILITIES & SERVICES - 2.8% (Continued)** |  |
| 1257 | MGM Resorts International<sup>(a)</sup> | $46522 |
| 2918 | Penn Entertainment, Inc.<sup>(a)</sup> | 43857 |
| 1929 | Portillo's, Inc.<sup>(a),(c)</sup> | 10204 |
| 419 | RCI Hospitality Holdings, Inc. | 9557 |
| 1742 | Red Rock Resorts, Inc., Class A | 92953 |
|  |  | 828367 |
|  | **LEISURE PRODUCTS - 1.4%** |  |
| 1526 | Acushnet Holdings Corporation | 142650 |
| 512 | Brunswick Corporation | 37253 |
| 2493 | Callaway Golf Company<sup>(a)</sup> | 34603 |
| 481 | Escalade, Inc. | 8259 |
| 652 | Hasbro, Inc. | 61027 |
| 255 | LCI Industries | 31360 |
| 1071 | Thor Industries, Inc.<sup>(c)</sup> | 85562 |
| 824 | Winnebago Industries, Inc. <sup>(c)</sup> | 25536 |
|  |  | 426250 |
|  | **MACHINERY - 2.4%** |  |
| 211 | AGCO Corporation | 24449 |
| 80 | Alamo Group, Inc. | 13198 |
| 990 | Donaldson Company, Inc. | 84021 |
| 1259 | Gates Industrial Corporation PLC<sup>(a)</sup> | 28466 |
| 713 | Helios Technologies, Inc. | 46138 |
| 3688 | Kennametal, Inc. | 133247 |
| 2227 | Manitowoc Company, Inc. (The)<sup>(a)</sup> | 25944 |
| 160 | Middleby Corporation (The)<sup>(a)</sup> | 21213 |
| 670 | Oshkosh Corporation | 98631 |
| 1119 | Regal Rexnord Corporation | 209544 |
| 504 | Stanley Black & Decker, Inc.<sup>(c)</sup> | 35814 |
|  |  | 720665 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **MEDICAL EQUIPMENT & DEVICES - 2.7%** |  |
| 2410 | AngioDynamics, Inc.<sup>(a)</sup> | $27402 |
| 1437 | Avanos Medical, Inc.<sup>(a)</sup> | 20132 |
| 299 | Bio-Rad Laboratories, Inc., Class A<sup>(a)</sup> | 83346 |
| 317 | CONMED Corporation | 11209 |
| 4964 | Dentsply Sirona, Inc. | 57582 |
| 1619 | Enovis Corporation<sup>(a)</sup> | 36832 |
| 3519 | Envista Holdings Corporation<sup>(a)</sup> | 89277 |
| 811 | FONAR Corporation<sup>(a)</sup> | 15052 |
| 152 | ICU Medical, Inc.<sup>(a)</sup> | 19631 |
| 2932 | Integra LifeSciences Holdings Corporation<sup>(a)</sup> | 27619 |
| 2455 | Neogen Corporation<sup>(a)</sup> | 22807 |
| 1000 | Omnicell, Inc.<sup>(a)</sup> | 33380 |
| 5126 | QIAGEN N.V. | 205245 |
| 1015 | QuidelOrtho Corporation<sup>(a),(c)</sup> | 16677 |
| 873 | Teleflex, Inc. | 104420 |
| 83 | Utah Medical Products, Inc. | 5145 |
| 2518 | Varex Imaging Corporation<sup>(a)</sup> | 26716 |
|  |  | 802472 |
|  | **METALS & MINING - 1.3%** |  |
| 1348 | Alcoa Corporation | 89413 |
| 1776 | Constellium S.E.<sup>(a)</sup> | 43654 |
| 1096 | Core Natural Resources, Inc. | 114784 |
| 342 | Kaiser Aluminum Corporation | 41214 |
| 1927 | Peabody Energy Corporation<sup>(c)</sup> | 63495 |
| 54 | Ramaco Resources, Inc., Class B | 548 |
| 3406 | SunCoke Energy, Inc. | 22173 |
|  |  | 375281 |
|  | **OIL & GAS PRODUCERS - 7.8%** |  |
| 7780 | Antero Midstream Corporation | 177384 |
| 4944 | APA Corporation<sup>(c)</sup> | 209823 |
| 1850 | California Resources Corporation | 128057 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **OIL & GAS PRODUCERS - 7.8% (Continued)** |  |
| 1272 | Chord Energy Corporation | $180853 |
| 1180 | CNX Resources Corporation<sup>(a)</sup> | 45489 |
| 10225 | Crescent Energy Company, Class A | 138037 |
| 119 | Gulfport Energy Corporation<sup>(a)</sup> | 25177 |
| 1161 | HF Sinclair Corporation<sup>(c)</sup> | 72435 |
| 2395 | HighPeak Energy, Inc. <sup>(c)</sup> | 16525 |
| 1701 | Magnolia Oil & Gas Corporation, Class A | 53701 |
| 3042 | Matador Resources Company<sup>(c)</sup> | 192194 |
| 4171 | Murphy Oil Corporation | 172054 |
| 3709 | Northern Oil & Gas, Inc. | 108414 |
| 3778 | Ovintiv, Inc. | 224262 |
| 3270 | Par Pacific Holdings, Inc.<sup>(a)</sup> | 204833 |
| 2804 | Permian Resources Corporation | 59781 |
| 1183 | Riley Exploration Permian, Inc. | 43120 |
| 1886 | SandRidge Energy, Inc. | 30761 |
| 6153 | SM Energy Company | 191850 |
| 9273 | VAALCO Energy, Inc.<sup>(c)</sup> | 58791 |
|  |  | 2333541 |
|  | **OIL & GAS SERVICES & EQUIPMENT - 1.5%** |  |
| 2138 | Bristow Group, Inc. | 100251 |
| 1398 | DMC Global, Inc.<sup>(a)</sup> | 7284 |
| 3318 | Helix Energy Solutions Group, Inc.<sup>(a)</sup> | 32815 |
| 1537 | Helmerich & Payne, Inc. <sup>(c)</sup> | 55378 |
| 1175 | Liberty Energy, Inc., Class A | 33840 |
| 810 | Noble Corporation PLC | 39747 |
| 3956 | NOV, Inc. | 74412 |
| 4596 | Patterson-UTI Energy, Inc. | 49775 |
| 1989 | Ranger Energy Services, Inc. | 34091 |
| 3549 | RPC, Inc.<sup>(c)</sup> | 25127 |
|  |  | 452720 |
|  | **PUBLISHING & BROADCASTING - 0.5%** |  |
| 11313 | Gray Media, Inc. | 49098 |
| 491 | Nexstar Media Group, Inc. | 88788 |
|  |  | 137886 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **REAL ESTATE OWNERS & DEVELOPERS - 0.3%** |  |
| 3755 | Five Point Holdings, LLC<sup>(a)</sup> | $18174 |
| 501 | Howard Hughes Holdings, Inc.<sup>(a),(c)</sup> | 31693 |
| 1167 | Legacy Housing Corporation<sup>(a)</sup> | 23842 |
|  |  | 73709 |
|  | **REAL ESTATE SERVICES - 0.4%** |  |
| 3910 | Cushman & Wakefield Ltd.<sup>(a)</sup> | 47937 |
| 5495 | Newmark Group, Inc., Class A | 82370 |
|  |  | 130307 |
|  | **RENEWABLE ENERGY - 0.2%** |  |
| 369 | EnerSys | 64103 |
|  | **RETAIL - CONSUMER STAPLES - 1.2%** |  |
| 331 | Five Below, Inc.<sup>(a)</sup> | 75627 |
| 1715 | Grocery Outlet Holding Corporation<sup>(a)</sup> | 12091 |
| 1554 | Ingles Markets, Inc., Class A<sup>(c)</sup> | 139689 |
| 856 | Natural Grocers by Vitamin Cottage, Inc. | 22128 |
| 1480 | Village Super Market, Inc., Class A | 62500 |
| 772 | Weis Markets, Inc. | 52797 |
|  |  | 364832 |
|  | **RETAIL - DISCRETIONARY - 5.9%** |  |
| 1632 | Academy Sports & Outdoors, Inc. | 92126 |
| 569 | Advance Auto Parts, Inc. | 30015 |
| 2746 | American Eagle Outfitters, Inc. | 45858 |
| 518 | Asbury Automotive Group, Inc.<sup>(a),(c)</sup> | 101222 |
| 1108 | AutoNation, Inc.<sup>(a)</sup> | 216348 |
| 387 | BlueLinx Holdings, Inc.<sup>(a)</sup> | 20968 |
| 421 | Dillard's, Inc., Class A | 240858 |
| 1897 | Driven Brands Holdings, Inc.<sup>(a)</sup> | 23921 |
| 715 | Ethan Allen Interiors, Inc. | 15916 |
| 3228 | Gap, Inc. (The) | 78118 |
| 376 | Group 1 Automotive, Inc. | 124317 |
| 4436 | Kohl's Corporation<sup>(c)</sup> | 57224 |
| 530 | La-Z-Boy, Inc. | 17034 |
| 696 | Lithia Motors, Inc., Class A<sup>(c)</sup> | 173805 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **RETAIL - DISCRETIONARY - 5.9% (Continued)** |  |
| 5637 | Macy's, Inc. | $101973 |
| 1526 | MarineMax, Inc.<sup>(a),(c)</sup> | 41294 |
| 6362 | Mister Car Wash, Inc.<sup>(a)</sup> | 44343 |
| 1747 | Monro, Inc.<sup>(c)</sup> | 28022 |
| 648 | Penske Automotive Group, Inc.<sup>(c)</sup> | 96889 |
| 3987 | Sally Beauty Holdings, Inc.<sup>(a),(c)</sup> | 55220 |
| 1068 | Shoe Carnival, Inc. | 16650 |
| 684 | Signet Jewelers Ltd. <sup>(c)</sup> | 57894 |
| 479 | Sonic Automotive, Inc., Class A | 32845 |
| 399 | Urban Outfitters, Inc.<sup>(a),(c)</sup> | 25277 |
| 874 | Victoria's Secret & Company<sup>(a)</sup> | 40519 |
|  |  | 1778656 |
|  | **SEMICONDUCTORS - 2.8%** |  |
| 1111 | Cirrus Logic, Inc.<sup>(a),(c)</sup> | 160673 |
| 1178 | Diodes, Inc.<sup>(a)</sup> | 80410 |
| 477 | Kulicke & Soffa Industries, Inc. | 31348 |
| 473 | MKS, Inc. <sup>(c)</sup> | 108700 |
| 2964 | Photronics, Inc.<sup>(a)</sup> | 119775 |
| 1650 | Qorvo, Inc.<sup>(a)</sup> | 127710 |
| 470 | Silicon Laboratories, Inc.<sup>(a)</sup> | 97831 |
| 318 | Skyworks Solutions, Inc.<sup>(c)</sup> | 17029 |
| 819 | Ultra Clean Holdings, Inc.<sup>(a)</sup> | 50925 |
| 1145 | Veeco Instruments, Inc.<sup>(a),(c)</sup> | 38770 |
|  |  | 833171 |
|  | **SOFTWARE - 1.1%** |  |
| 2389 | Adeia, Inc. | 57408 |
| 1799 | Bandwidth, Inc., Class A<sup>(a),(c)</sup> | 32058 |
| 2036 | Concentrix Corporation<sup>(c)</sup> | 55705 |
| 622 | Digi International, Inc.<sup>(a)</sup> | 29980 |
| 2791 | Mitek Systems, Inc.<sup>(a)</sup> | 37679 |
| 3974 | Veradigm, Inc.<sup>(a)</sup> | 18479 |
| 2502 | Ziff Davis, Inc.<sup>(a),(c)</sup> | 104984 |
|  |  | 336293 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **SPECIALTY FINANCE - 3.8%** |  |
| 1466 | Air Lease Corporation | $95202 |
| 2356 | Bread Financial Holdings, Inc. | 176441 |
| 871 | Encore Capital Group, Inc.<sup>(a)</sup> | 61075 |
| 1749 | Essent Group Ltd. <sup>(c)</sup> | 102212 |
| 2555 | EZCORP, Inc., Class A<sup>(a)</sup> | 64846 |
| 2512 | First American Financial Corporation | 151448 |
| 3984 | LendingClub Corporation<sup>(a)</sup> | 57051 |
| 4113 | MGIC Investment Corporation | 107966 |
| 610 | PennyMac Financial Services, Inc. | 53314 |
| 3086 | PRA Group, Inc.<sup>(a)</sup> | 54005 |
| 3202 | Radian Group, Inc. | 105922 |
| 1368 | Regional Management Corporation | 44118 |
| 781 | Stewart Information Services Corporation | 48094 |
| 200 | Willis Lease Finance Corporation | 34052 |
|  |  | 1155746 |
|  | **STEEL - 0.2%** |  |
| 301 | Commercial Metals Company | 18491 |
| 2155 | Ryerson Holding Corporation | 48444 |
|  |  | 66935 |
|  | **TECHNOLOGY HARDWARE - 2.2%** |  |
| 477 | Arrow Electronics, Inc.<sup>(a)</sup> | 68407 |
| 1713 | Avnet, Inc. | 105555 |
| 1497 | Benchmark Electronics, Inc. <sup>(c)</sup> | 83922 |
| 499 | CTS Corporation | 23832 |
| 434 | Dolby Laboratories, Inc., Class A | 26066 |
| 939 | Knowles Corporation<sup>(a)</sup> | 24114 |
| 872 | NETGEAR, Inc.<sup>(a)</sup> | 19045 |
| 3170 | NetScout Systems, Inc.<sup>(a),(c)</sup> | 100774 |
| 8952 | Ribbon Communications, Inc.<sup>(a)</sup> | 18978 |
| 86 | Sanmina Corporation<sup>(a)</sup> | 11149 |
| 172 | TD SYNNEX Corporation | 29018 |
| 155 | TTM Technologies, Inc.<sup>(a)</sup> | 15100 |
| 1683 | ViaSat, Inc.<sup>(a)</sup> | 77081 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **TECHNOLOGY HARDWARE - 2.2% (Continued)** |  |
| 2161 | Viavi Solutions, Inc.<sup>(a)</sup> | $71918 |
|  |  | 674959 |
|  | **TECHNOLOGY SERVICES - 1.2%** |  |
| 674 | Amdocs Ltd. | 43985 |
| 435 | ASGN, Inc.<sup>(a)</sup> | 16839 |
| 57 | CACI International, Inc., Class A<sup>(a)</sup> | 31000 |
| 630 | CSG Systems International, Inc. | 50362 |
| 5663 | DXC Technology Company<sup>(a)</sup> | 71184 |
| 273 | ICF International, Inc. | 17824 |
| 162 | Insight Enterprises, Inc.<sup>(a)</sup> | 10856 |
| 2581 | Kyndryl Holdings, Inc.<sup>(a)</sup> | 33863 |
| 470 | Maximus, Inc. | 30127 |
| 4841 | Repay Holdings Corporation<sup>(a)</sup> | 12587 |
| 509 | V2X, Inc.<sup>(a)</sup> | 34866 |
|  |  | 353493 |
|  | **TELECOMMUNICATIONS - 0.4%** |  |
| 1327 | ATN International, Inc. | 36121 |
| 1986 | Telephone and Data Systems, Inc. | 83611 |
|  |  | 119732 |
|  | **TOBACCO & CANNABIS - 0.2%** |  |
| 971 | Universal Corporation | 51172 |
|  | **TRANSPORTATION & LOGISTICS – 2.9%** |  |
| 882 | Alaska Air Group, Inc.<sup>(a)</sup> | 32440 |
| 942 | Allegiant Travel Company<sup>(a),(c)</sup> | 76340 |
| 597 | ArcBest Corporation | 58721 |
| 1272 | Copa Holdings S.A., Class A | 144512 |
| 1034 | Covenant Logistics Group, Inc., Class A | 28073 |
| 1875 | Hub Group, Inc., Class A | 67575 |
| 7404 | JetBlue Airways Corporation<sup>(a)</sup> | 32726 |
| 769 | Knight-Swift Transportation Holdings, Inc. | 44279 |
| 1336 | Marten Transport Ltd. | 17542 |
| 712 | Matson, Inc. | 116725 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
|  | **COMMON STOCKS — 97.5% (Continued)** |  |
|  | **TRANSPORTATION & LOGISTICS – 2.9% (Continued)** |  |
| 299 | Ryder System, Inc. | $61208 |
| 1564 | Schneider National, Inc., Class B<sup>(c)</sup> | 41227 |
| 521 | SkyWest, Inc.<sup>(a)</sup> | 47843 |
| 3203 | Sun Country Airlines Holdings, Inc.<sup>(a)</sup> | 52914 |
| 1380 | Werner Enterprises, Inc. | 40586 |
| 793 | World Kinect Corporation<sup>(c)</sup> | 18294 |
|  |  | 881005 |
|  | **TRANSPORTATION EQUIPMENT - 0.9%** |  |
| 1613 | Allison Transmission Holdings, Inc. | 188818 |
| 1611 | Greenbrier Companies, Inc. (The) | 84819 |
|  |  | 273637 |
|  | **WHOLESALE - CONSUMER STAPLES - 0.7%** |  |
| 1060 | Andersons, Inc. (The) | 76087 |
| 2893 | United Natural Foods, Inc.<sup>(a)</sup> | 130358 |
|  |  | 206445 |
|  | **WHOLESALE - DISCRETIONARY - 0.9%** |  |
| 104 | Acme United Corporation | 4671 |
| 470 | ePlus, Inc.<sup>(c)</sup> | 35367 |
| 786 | G-III Apparel Group Ltd. | 21772 |
| 3506 | LKQ Corporation<sup>(c)</sup> | 102971 |
| 1092 | OPENLANE, Inc.<sup>(a)</sup> | 31832 |
| 491 | PC Connection, Inc. | 28704 |
| 1272 | ScanSource, Inc.<sup>(a)</sup> | 46174 |
|  |  | 271491 |
|  | **TOTAL COMMON STOCKS (Cost $26,119,199)** | 29309852 |

---

---

| | | |
|:---|:---|:---|
| **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** | **ACCLIVITY SMALL CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Value** |
| | **RIGHTS — 0.0%**<sup>(d)</sup>** | |
|  | **ASSET MANAGEMENT - 0.0%**<sup>(d)</sup>** |  |
| 2313 | Investindustrial Advisors SpA - CVR<sup>(a),(f)</sup> | $4464 |
|  | **FORESTRY, PAPER & WOOD PRODUCTS - 0.0%**<sup>(d)</sup>** |  |
| 3718 | Resolute Forest Products, Inc. - CVR<sup>(a),(f)</sup> | 8329 |
|  | **TOTAL RIGHTS (Cost $9,744)** | 12793 |
|  | **WARRANTS — 0.0%**<sup>(d)</sup>** |  |
|  | **TECHNOLOGY HARDWARE - 0.0%**<sup>(d)</sup>** |  |
| 2798 | Xerox Holdings Corporation (Cost $11,944)<sup>(a)</sup> | 253 |
|  | **SHORT-TERM INVESTMENTS — 19.1%** |  |
|  | **COLLATERAL FOR SECURITIES LOANED – 16.8%** |  |
| 5044091 | Mount Vernon Liquid Assets Portfolio, 3.74%<sup>(b),(e)</sup> | 5044091 |
|  | **MONEY MARKET FUNDS - 2.3%** |  |
| 693720 | First American Treasury Obligations Fund, Class X, 3.59%<sup>(b)</sup> | 693720 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $5,737,811)** | 5737811 |
|  | **TOTAL INVESTMENTS – 116.6% (Cost $31,878,698)** | $35060709 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS – (16.6)%** | (4986947) |
|  | **NET ASSETS - 100.0%** | $30073762 |

---

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> Rate disclosed is the seven day effective yield as of March 31, 2026

<sup>(c)</sup> All or a portion of the security is on loan. The total fair value of the securities on loan as of March 31, 2026 was $5,013,540.

<sup>(d)</sup> Amount represents less than 0.05%

<sup>(e)</sup> This security was purchased with cash collateral held from securities on loan. The total value of such securities as of March 31, 2026 is $5,044,091.

<sup>(f)</sup> Fair value was determined using significant unobservable inputs.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NORTHERN LIGHTS FUND TRUST II

- **b. Investment Company Act file number:** 811-22549

- **c. CIK number of Registrant:** 0001518042

- **d. LEI of Registrant:** 549300TH7YXW5G2QY588

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** Acclivity Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000063456

- **c. LEI of Series:** 549300EEQLNTNSQDT124

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $30439433.91

**Total Liabilities:** $365672.23

**Net Assets:** $30073761.68

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000205616 | 5.25%                | 2.77%                | -2.75%               |
| Class ID C000205617 | 5.27%                | 2.81%                | -2.73%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $369087.92               | $1135187.21                                |
| Month 2  | $-6610.82                | $837057.93                                 |
| Month 3  | $410216.68               | $-1366740.15                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ACCO Brands Corporation                        | ACCO BRANDS CORP                     | CUSIP: 00081T108<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | EC               | CORP              | US        |      7992 | NS      | $23976.00     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| ADT Inc                                        | ADT INC                              | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15590 | NS      | $102426.30    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| ABM Industries Inc.                            | ABM INDUSTRIES                       | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |       698 | NS      | $26886.96     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Agco Corporation                               | AGCO CORP                            | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |       211 | NS      | $24448.57     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| AMC Networks Inc                               | AMC NETWORKS-A                       | CUSIP: 00164V103<br>LEI: 549300VGG9K75226LR46 | Long             | EC               | CORP              | US        |      3066 | NS      | $20818.14     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| AMN Healthcare Services Inc                    | AMN HEALTHCARE                       | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |       954 | NS      | $17496.36     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| ANI Pharmaceuticals Inc.                       | ANI PHARMACEUTIC                     | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |       266 | NS      | $20455.40     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Angi Inc                                       | ANGI INC                             | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |      3127 | NS      | $21419.95     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Asgn Incorporated                              | ASGN INC                             | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |       435 | NS      | $16838.85     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| ATN International Inc.                         | ATN INTERNATIONA                     | CUSIP: 00215F107<br>LEI: 54930013NP7VEU877V56 | Long             | EC               | CORP              | US        |      1327 | NS      | $36120.94     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Academy Sports and Outdoors Inc                | ACADEMY SPORTS &                     | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |      1632 | NS      | $92126.40     | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Acadia Healthcare Company, Inc.                | ACADIA HEALTHCAR                     | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |      3160 | NS      | $73912.40     | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Acme United Corp                               | ACME UNITED CORP                     | CUSIP: 004816104<br>LEI: 549300NVT8NN13WP8M83 | Long             | EC               | CORP              | US        |       104 | NS      | $4670.64      | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Acuity Inc.                                    | ACUITY INC                           | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       513 | NS      | $143752.86    | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Acushnet Holdings Corp                         | ACUSHNET HOLDING                     | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Long             | EC               | CORP              | US        |      1526 | NS      | $142650.48    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| AdaptHealth Corporation                        | ADAPTHEALTH CORP                     | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4239 | NS      | $50444.10     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Adeia Inc.                                     | ADEIA INC                            | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2389 | NS      | $57407.67     | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Advance Auto Parts Inc.                        | ADVANCE AUTO PAR                     | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |       569 | NS      | $30014.75     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Advansix Inc                                   | ADVANSIX INC                         | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |      1362 | NS      | $33232.80     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Affiliated Managers Group, Inc.                | AFFIL MANAGERS                       | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |       111 | NS      | $30713.70     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Air Lease Corporation                          | AIR LEASE C                          | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |      1466 | NS      | $95202.04     | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Alamo Group Inc                                | ALAMO GROUP                          | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |        80 | NS      | $13197.60     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Alaska Air Group Inc.                          | ALASKA AIR GROUP                     | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |       882 | NS      | $32439.96     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Alcoa Corporation                              | ALCOA CORP                           | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |      1348 | NS      | $89412.84     | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Allegiant Travel Company                       | ALLEGIANT TRAVEL                     | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |       942 | NS      | $76339.68     | 0.25%             |  |  |  | No            | 1                  | On Loan: —       |
| Bread Financial Holdings Inc                   | BREAD FINANCIAL                      | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |      2356 | NS      | $176440.84    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Allison Transmission Holdings Inc              | ALLISON TRANSMIS                     | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |      1613 | NS      | $188817.78    | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Veradigm Inc                                   | VERADIGM INC                         | CUSIP: 01988P108<br>LEI: Y68YJHVB1GU4TAU3C223 | Long             | EC               | CORP              | US        |      3974 | NS      | $18479.10     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Dauch Corp.                                    | DAUCH CORPORATIO                     | CUSIP: 024061103<br>LEI: 254900SMQY98VFKNCC32 | Long             | EC               | CORP              | US        |      4549 | NS      | $26975.57     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| American Eagle Outfitters Inc.                 | AMER EAGLE OUTF                      | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |      2746 | NS      | $45858.20     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| American Public Education Inc.                 | AMERICAN PUBLIC                      | CUSIP: 02913V103<br>LEI: 254900GZNX6TJQGM4S17 | Long             | EC               | CORP              | US        |       745 | NS      | $42375.60     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| American Woodmark Corporation                  | AMER WOODMARK CO                     | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |       352 | NS      | $14020.16     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Ameris Bancorp                                 | AMERIS BANCORP                       | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |      1974 | NS      | $153952.26    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Amphastar Pharmaceuticals Inc                  | AMPHASTAR PHARMA                     | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |      1326 | NS      | $25976.34     | 0.09%             |  |  |  | No            | 1                  | On Loan: —       |
| The Andersons Inc                              | ANDERSONS INC                        | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |      1060 | NS      | $76086.80     | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Angiodynamics Inc                              | ANGIODYNAMICS IN                     | CUSIP: 03475V101<br>LEI: 549300W3VKC5ZKMO8C28 | Long             | EC               | CORP              | US        |      2410 | NS      | $27401.70     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Antero Midstream Corporation                   | ANTERO MIDSTREAM                     | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7780 | NS      | $177384.00    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| APA Corp.                                      | APA CORP                             | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |      4944 | NS      | $209823.36    | 0.70%             |  |  |  | No            | 1                  | On Loan: —       |
| Aramark                                        | ARAMARK                              | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |      1410 | NS      | $57161.40     | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Arcbest Corporation                            | ARCBEST CORP                         | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |       597 | NS      | $58720.92     | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| ARK Restaurants Cp                             | ARK RESTAURANTS                      | CUSIP: 040712101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        10 | NS      | $65.60        | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Arrow Electronics, Inc.                        | ARROW ELECTRONIC                     | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |       477 | NS      | $68406.57     | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Arrowhead Pharmaceuticals Inc                  | ARROWHEAD PHARMA                     | CUSIP: 04280A100<br>LEI: 549300O3CSB8T7OZ3D66 | Long             | EC               | CORP              | US        |      2094 | NS      | $131293.80    | 0.44%             |  |  |  | No            | 1                  | On Loan: —       |
| Asbury Automotive Group, Inc.                  | ASBURY AUTO GRP                      | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |       518 | NS      | $101222.38    | 0.34%             |  |  |  | No            | 1                  | On Loan: —       |
| Ashland Inc.                                   | ASHLAND INC                          | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |       905 | NS      | $50327.05     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Atkore Inc                                     | ATKORE INC                           | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |       695 | NS      | $40942.45     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Autoliv Inc.                                   | AUTOLIV INC                          | CUSIP: 052800109<br>LEI: A23RUXWKASG834LTMK28 | Long             | EC               | CORP              | US        |      1713 | NS      | $180139.08    | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| AutoNation, Inc.                               | AUTONATION INC                       | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1108 | NS      | $216348.08    | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Avanos Medical Inc                             | AVANOS MEDICAL I                     | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |      1437 | NS      | $20132.37     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Avient Corporation                             | AVIENT CORP                          | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |       727 | NS      | $26390.10     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Avnet, Inc.                                    | AVNET INC                            | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |      1713 | NS      | $105555.06    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Axos Financial Inc                             | AXOS FINANCIAL I                     | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |       351 | NS      | $29866.59     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Bandwidth Inc                                  | BANDWIDTH INC-A                      | CUSIP: 05988J103<br>LEI: 549300QC70JB7MUGXM66 | Long             | EC               | CORP              | US        |      1799 | NS      | $32058.18     | 0.11%             |  |  |  | No            | 1                  | On Loan: —       |
| Bank OZK                                       | BANK OZK                             | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |      2103 | NS      | $96506.67     | 0.32%             |  |  |  | No            | 1                  | On Loan: —       |
| BankUnited Inc.                                | BANKUNITED INC                       | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |      1743 | NS      | $78713.88     | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Banner Corp                                    | BANNER CORPORATI                     | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       551 | NS      | $33434.68     | 0.11%             |  |  |  | No            | 1                  | On Loan: —       |
| Baycom Corp                                    | BAYCOM CORP                          | CUSIP: 07272M107<br>LEI: 549300UOLS54Q5ONIG33 | Long             | EC               | CORP              | US        |       512 | NS      | $15219.20     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Beazer Homes USA Inc.                          | BEAZER HOMES USA                     | CUSIP: 07556Q881<br>LEI: 549300DUPYT2T0F60I45 | Long             | EC               | CORP              | US        |      1120 | NS      | $21548.80     | 0.07%             |  |  |  | No            | 1                  | On Loan: —       |
| Belden Inc.                                    | BELDEN INC                           | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |       257 | NS      | $29511.31     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Benchmark Electronics, Inc.                    | BENCHMARK ELECTR                     | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |      1497 | NS      | $83921.82     | 0.28%             |  |  |  | No            | 1                  | On Loan: —       |
| Beacon Financial Corp.                         | BEACON FINANCIAL                     | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |       462 | NS      | $13860.00     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Biglari Holdings Inc.                          | BIGLARI HOLDIN-B                     | CUSIP: 08986R309<br>LEI: 549300GLWWSODF8TM682 | Long             | EC               | CORP              | US        |       128 | NS      | $42187.52     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Bio-Rad Laboratories, Inc.                     | BIO-RAD LABS-A                       | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |       299 | NS      | $83346.25     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Biomarin Pharmaceutical Inc.                   | BIOMARIN PHARMAC                     | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |       950 | NS      | $53665.50     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| BlueLinx Holdings Inc.                         | BLUELINX HOLDING                     | CUSIP: 09624H208<br>LEI: 549300YSX7GU28F5I540 | Long             | EC               | CORP              | US        |       387 | NS      | $20967.66     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Boise Cascade Co                               | BOISE CASCADE CO                     | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |       477 | NS      | $36180.45     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| BorgWarner Inc.                                | BORGWARNER INC                       | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |      2061 | NS      | $111829.86    | 0.37%             |  |  |  | No            | 1                  | On Loan: —       |
| Boyd Gaming Corporation                        | BOYD GAMING CORP                     | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |      1727 | NS      | $141924.86    | 0.47%             |  |  |  | No            | 1                  | On Loan: —       |
| Brighthouse Financial Inc.                     | BRIGHTHOUSE FINA                     | CUSIP: 10922N103<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EC               | CORP              | US        |       705 | NS      | $42215.40     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| BrightView Holdings Inc.                       | BRIGHTVIEW HOLDI                     | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |      2869 | NS      | $33825.51     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Brinker International, Inc.                    | BRINKER INTL                         | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |       441 | NS      | $62961.57     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Brinks Company                                 | BRINK'S CO/THE                       | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |      1080 | NS      | $111920.40    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Bristow Group Inc                              | BRISTOW GROUP IN                     | CUSIP: 11040G103<br>LEI: 5493005Q24EN3UC1PV68 | Long             | EC               | CORP              | US        |      2138 | NS      | $100250.82    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Brunswick Corporation                          | BRUNSWICK CORP                       | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |       512 | NS      | $37253.12     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Bumble Inc                                     | BUMBLE INC-A                         | CUSIP: 12047B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5530 | NS      | $18027.80     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Byline Bancorp Inc                             | BYLINE BANCORP I                     | CUSIP: 124411109<br>LEI: 549300W7ODP4YL2H4823 | Long             | EC               | CORP              | US        |      1452 | NS      | $45839.64     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| C&F Finl Corp                                  | C & F FINANCIAL                      | CUSIP: 12466Q104<br>LEI: 549300VFPAZLNS1R0361 | Long             | EC               | CORP              | US        |       443 | NS      | $32312.42     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| CNB Financial Corp (Pennsylvania)              | CNB FINL CORP/PA                     | CUSIP: 126128107<br>LEI: 254900RUYUOKD91VNX69 | Long             | EC               | CORP              | US        |       649 | NS      | $18795.04     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| CNO Financial Group, Inc.                      | CNO FINANCIAL GR                     | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |      1169 | NS      | $47999.14     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| CSG Systems International Inc.                 | CSG SYSTEMS INTL                     | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |       630 | NS      | $50362.20     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| CTS Corporation                                | CTS CORP                             | CUSIP: 126501105<br>LEI: 549300YV1HQLBVHOI649 | Long             | EC               | CORP              | US        |       499 | NS      | $23832.24     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| CNX Resources Corporation                      | CNX RESOURCES CO                     | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |      1180 | NS      | $45489.00     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| CVB Financial                                  | CVB FINANCIAL                        | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1788 | NS      | $34669.32     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Cable One Inc                                  | CABLE ONE INC                        | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |       268 | NS      | $24444.28     | 0.08%             |  |  |  | No            | 1                  | On Loan: —       |
| CACI International Inc.                        | CACI INTL-A                          | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |        57 | NS      | $31000.59     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Caesars Entertainment Inc.                     | CAESARS ENTERTAI                     | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |      4060 | NS      | $107305.80    | 0.36%             |  |  |  | No            | 1                  | On Loan: —       |
| Cal-Maine Foods Inc.                           | CAL-MAINE FOODS                      | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |      1325 | NS      | $104873.75    | 0.35%             |  |  |  | No            | 1                  | On Loan: —       |
| California Resources Corporation               | CALIFORNIA RESOU                     | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |      1850 | NS      | $128057.00    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Callaway Golf Co.                              | CALLAWAY GOLF CO                     | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |      2493 | NS      | $34602.84     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Cannae Holdings Inc.                           | CANNAE HOLDINGS                      | CUSIP: 13765N107<br>LEI: 549300OGRF1ICI7D2V77 | Long             | EC               | CORP              | US        |      3116 | NS      | $35428.92     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Capital Bancorp Inc.                           | CAPITAL BANCORP                      | CUSIP: 139737100<br>LEI: 549300LQKYGWQ7VP0C75 | Long             | EC               | CORP              | US        |       621 | NS      | $18468.54     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Carriage Services, Inc.                        | CARRIAGE SERVICE                     | CUSIP: 143905107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       472 | NS      | $21551.52     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Cathay General Bancorp                         | CATHAY GENERAL B                     | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |       688 | NS      | $34303.68     | 0.11%             |  |  |  | No            | 1                  | On Loan: —       |
| Celanese Corporation                           | CELANESE CORP                        | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |       492 | NS      | $32358.84     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Central Garden & Pet Company                   | CENTRAL GARDEN-A                     | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |      2504 | NS      | $81179.68     | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Century Communities Inc                        | CENTURY COMMUNIT                     | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |      1152 | NS      | $66101.76     | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Charles River Laboratories International, Inc. | CHARLES RIVER LA                     | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |       198 | NS      | $34155.00     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Cheesecake Factory Inc                         | CHEESECAKE FACTO                     | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |       911 | NS      | $49877.25     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Chemed Corporation                             | CHEMED CORP                          | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |       363 | NS      | $137119.62    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Cirrus Logic, Inc.                             | CIRRUS LOGIC INC                     | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      1111 | NS      | $160672.82    | 0.53%             |  |  |  | No            | 1                  | On Loan: —       |
| Coca-Cola Consolidated Inc                     | COCA-COLA CONSOL                     | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |      1840 | NS      | $352801.60    | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Enovis Corporation                             | ENOVIS CORP                          | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |      1619 | NS      | $36832.25     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Colony Bankcorp Inc.                           | COLONY BANKCORP                      | CUSIP: 19623P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       378 | NS      | $7548.66      | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Columbia Banking System Inc.                   | COLUMBIA BANKING                     | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |      3361 | NS      | $92192.23     | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Commercial Metals Company                      | COMMERCIAL METAL                     | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |       301 | NS      | $18490.43     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Community Trust Bancorp Inc                    | COMMUNI TRUST BA                     | CUSIP: 204149108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       453 | NS      | $27506.16     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Compass Diversified                            | COMPASS DIVERSIF                     | CUSIP: 20451Q104<br>LEI: 5299001SM1LBYANJRR58 | Long             | EC               | CORP              | US        |      1928 | NS      | $15154.08     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Conagra Brands Inc                             | CONAGRA BRANDS I                     | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |      2117 | NS      | $33279.24     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Concentrix Corp.                               | CONCENTRIX CORP                      | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |      2036 | NS      | $55704.96     | 0.19%             |  |  |  | No            | 1                  | On Loan: —       |
| Concrete Pumping Holdings Inc.                 | CONCRETE PUMPING                     | CUSIP: 206704108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2871 | NS      | $20498.94     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Conmed Corporation                             | CONMED CORP                          | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |       317 | NS      | $11209.12     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Corecivic Inc                                  | CORECIVIC INC                        | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |       962 | NS      | $18191.42     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Core Natural Resources Inc.                    | CORE NATURAL RES                     | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |      1096 | NS      | $114784.08    | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| QuidelOrtho Corp                               | QUIDELORTHO CORP                     | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |      1015 | NS      | $16676.45     | 0.06%             |  |  |  | No            | 1                  | On Loan: —       |
| Covenant Logistics Group Inc.                  | COVENANT LOGISTI                     | CUSIP: 22284P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1034 | NS      | $28073.10     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Customers Bancorp, Inc.                        | CUSTOMERS BANCOR                     | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |       602 | NS      | $41784.82     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| DMC Global Inc.                                | DMC GLOBAL INC                       | CUSIP: 23291C103<br>LEI: 549300CBDXD1Z5MRNG02 | Long             | EC               | CORP              | US        |      1398 | NS      | $7283.58      | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| DXC Technology Company                         | DXC TECHNOLOGY C                     | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |      5663 | NS      | $71183.91     | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Darling Ingredients, Inc                       | DARLING INGREDIE                     | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |      2266 | NS      | $140152.10    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Davita Inc                                     | DAVITA INC                           | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |      1252 | NS      | $192419.88    | 0.64%             |  |  |  | No            | 1                  | On Loan: —       |
| Deluxe Corporation                             | DELUXE CORP                          | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |      1411 | NS      | $38858.94     | 0.13%             |  |  |  | No            | 1                  | On Loan: —       |
| Dentsply Sirona Inc                            | DENTSPLY SIRONA                      | CUSIP: 24906P109<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | EC               | CORP              | US        |      4964 | NS      | $57582.40     | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Digi International Inc.                        | DIGI INTL INC                        | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |       622 | NS      | $29980.40     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Dillards, Inc.                                 | DILLARDS INC-A                       | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |       421 | NS      | $240858.31    | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Diodes Incorporated                            | DIODES INC                           | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |      1178 | NS      | $80410.28     | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Dolby Laboratories Inc.                        | DOLBY LABORATO-A                     | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |       434 | NS      | $26066.04     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Donaldson Co Inc                               | DONALDSON CO INC                     | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |       990 | NS      | $84021.30     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Donegal Group Inc.                             | DONEGAL GRP-CL A                     | CUSIP: 257701201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2063 | NS      | $35442.34     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Driven Brands Holdings Inc                     | DRIVEN BRANDS HO                     | CUSIP: 26210V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1897 | NS      | $23921.17     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| El Pollo Loco Holdings Inc                     | EL POLLO LOCO HO                     | CUSIP: 268603107<br>LEI: 549300EZCBNF4G707K90 | Long             | EC               | CORP              | US        |      1994 | NS      | $27636.84     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Eagle Bancorp Montana Inc                      | EAGLE BANCORP MO                     | CUSIP: 26942G100<br>LEI: 549300P2SVRIY3YU1412 | Long             | EC               | CORP              | US        |       166 | NS      | $3416.28      | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Eastern Co                                     | EASTERN CO                           | CUSIP: 276317104<br>LEI: 5493005F8SU7UCM5D285 | Long             | EC               | CORP              | US        |       189 | NS      | $3825.36      | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Eastman Chemical Company                       | EASTMAN CHEMICAL                     | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |      1104 | NS      | $84257.28     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Ecovyst Inc                                    | ECOVYST INC                          | CUSIP: 27923Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3877 | NS      | $49858.22     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Edgewell Personal Care Co                      | EDGEWELL PERSONA                     | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |      1843 | NS      | $39329.62     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Elanco Animal Health Inc                       | ELANCO ANIMAL HE                     | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |      2628 | NS      | $62888.04     | 0.21%             |  |  |  | No            | 1                  | On Loan: —       |
| Employers Holdings Inc.                        | EMPLOYERS HOLDIN                     | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1882 | NS      | $77425.48     | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Encore Capital Group Inc.                      | ENCORE CAPITAL G                     | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |       871 | NS      | $61074.52     | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| EnerSys                                        | ENERSYS                              | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |       369 | NS      | $64102.68     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Enterprise Financial Services Corp.            | ENTERPRISE FINAN                     | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |      1162 | NS      | $62875.82     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Envista Holdings Corporation                   | ENVISTA HOLDINGS                     | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |      3519 | NS      | $89277.03     | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Eplus Inc                                      | EPLUS INC                            | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |       470 | NS      | $35367.50     | 0.12%             |  |  |  | No            | 1                  | On Loan: —       |
| Escalade Inc.                                  | ESCALADE INC                         | CUSIP: 296056104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       481 | NS      | $8258.77      | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Ethan Allen Interiors Inc.                     | ETHAN ALLEN                          | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       715 | NS      | $15915.90     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Exelixis, Inc.                                 | EXELIXIS INC                         | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |       981 | NS      | $42075.09     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| EZCORP Inc.                                    | EZCORP INC-A                         | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |      2555 | NS      | $64845.90     | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| F N B Corp (Pennsylvania)                      | FNB CORP                             | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |      4563 | NS      | $76293.36     | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| FB Financial Corp.                             | FB FINANCIAL COR                     | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |       568 | NS      | $29501.92     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| FS Bancorp Inc.                                | FS BANCORP INC                       | CUSIP: 30263Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       196 | NS      | $7563.64      | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Fifth Third Bancorp                            | FIFTH THIRD BANC                     | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |       830 | NS      | $38561.80     | 0.13%             |  |  |  | No            | 1                  | On Loan: —       |
| Financial Institutions Inc.                    | FINANCIAL INST                       | CUSIP: 317585404<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       580 | NS      | $18391.80     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Funds Inc.                      | FIRST AM-TR OB-X                     | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    693720 | PA      | $693719.79    | 2.31%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Financial Corporation           | FIRST AMERICAN F                     | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |      2512 | NS      | $151448.48    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| First Bancorp                                  | FIRST BANCORP/NC                     | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       862 | NS      | $48573.70     | 0.16%             |  |  |  | No            | 1                  | On Loan: —       |
| First Commonwealth Financial Corp  PA          | FIRST COMMON FIN                     | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |      3809 | NS      | $66962.22     | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| First Financial Bancorp.                       | FIRST FIN BANCRP                     | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |      3409 | NS      | $95042.92     | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| First Financial Corp.                          | FIRST FINANCIAL                      | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       563 | NS      | $35581.60     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| First Horizon Corporation                      | FIRST HORIZON CO                     | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |       858 | NS      | $19528.08     | 0.06%             |  |  |  | No            | 1                  | On Loan: —       |
| First Hawaiian Inc.                            | FIRST HAWAIIA                        | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |      2117 | NS      | $52162.88     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| First Interstate Bancsystem Inc.               | FIRST INTER/MT-A                     | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |      2066 | NS      | $69004.40     | 0.23%             |  |  |  | No            | 1                  | On Loan: —       |
| First Merchants Corporation                    | FIRST MERCHANTS                      | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |      2371 | NS      | $91828.83     | 0.31%             |  |  |  | No            | 1                  | On Loan: —       |
| First Mid Bancshares Inc.                      | FIRST MID BANCSH                     | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       691 | NS      | $28462.29     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| 1st Source Corporation                         | 1ST SOURCE CORP                      | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       386 | NS      | $26715.06     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Five Below Inc                                 | FIVE BELOW                           | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |       331 | NS      | $75626.88     | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Five Point Holdings Llc                        | FIVE POINT HOL-A                     | CUSIP: 33833Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3755 | NS      | $18174.20     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Fonar Corporation                              | FONAR CORP                           | CUSIP: 344437405<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       811 | NS      | $15052.16     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Forestar Group Inc.                            | FORESTAR GROUP                       | CUSIP: 346232101<br>LEI: 549300BC2UB0GHV60V70 | Long             | EC               | CORP              | US        |      1715 | NS      | $41914.60     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Fox Factory Holding Corporation                | FOX FACTORY HOLD                     | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |       514 | NS      | $8460.44      | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Fulton Financial Corporation                   | FULTON FINANCIAL                     | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |      1622 | NS      | $32991.48     | 0.11%             |  |  |  | No            | 1                  | On Loan: —       |
| GEO Group Inc                                  | GEO GROUP INC/TH                     | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |      2372 | NS      | $39873.32     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| G III Apparel Group Ltd                        | G III APPAREL                        | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |       786 | NS      | $21772.20     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| The Gap Inc.                                   | GAP INC/THE                          | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |      3228 | NS      | $78117.60     | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Gentex Corp                                    | GENTEX CORP                          | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |      1213 | NS      | $26504.05     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Genworth Financial Inc.                        | GENWORTH FINANCI                     | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |     23070 | NS      | $187328.40    | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Gentherm Inc                                   | GENTHERM INC                         | CUSIP: 37253A103<br>LEI: HKM6YX1U5JS60TCUB219 | Long             | EC               | CORP              | US        |       783 | NS      | $21751.74     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Gibraltar Industries, Inc.                     | GIBRALTAR INDUST                     | CUSIP: 374689107<br>LEI: 549300AE5O3GN0YBLM57 | Long             | EC               | CORP              | US        |       415 | NS      | $16546.05     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Glacier Bancorp Inc.                           | GLACIER BANCORP                      | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |       797 | NS      | $35601.99     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Global Indemnity Group LLC                     | GLOBAL INDEMNI-A                     | CUSIP: 37959R103<br>LEI: 549300KNR55WEKSPTK65 | Long             | EC               | CORP              | US        |      1716 | NS      | $46726.68     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Golden Entertainment Inc                       | GOLDEN ENTERTAIN                     | CUSIP: 381013101<br>LEI: 549300P8YYCKQVJ0Y638 | Long             | EC               | CORP              | US        |      1106 | NS      | $29519.14     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| GoodRx Holdings Inc                            | GOODRX HOLDIN-A                      | CUSIP: 38246G108<br>LEI: 529900ATKYECI45EHV09 | Long             | EC               | CORP              | US        |      6374 | NS      | $12493.04     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Goodyear Tire & Rubber Co. The                 | GOODYEAR TIRE                        | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |      6492 | NS      | $43041.96     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Graham Holdings Co                             | GRAHAM HOLDING-B                     | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |       132 | NS      | $139558.32    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Gray Media Inc.                                | GRAY MEDIA INC                       | CUSIP: 389375106<br>LEI: 529900TM5726KDN7UU35 | Long             | EC               | CORP              | US        |     11313 | NS      | $49098.42     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Green Brick Partners Inc.                      | GREEN BRICK PART                     | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |       621 | NS      | $40023.45     | 0.13%             |  |  |  | No            | 1                  | On Loan: —       |
| The Greenbrier Companies, Inc.                 | GREENBRIER COS                       | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |      1611 | NS      | $84819.15     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Greif, Inc.                                    | GREIF INC-CL A                       | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |       436 | NS      | $29242.52     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Grocery Outlet Holding Corp.                   | GROCERY OUTLET                       | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1715 | NS      | $12090.75     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Group 1 Automotive, Inc.                       | GROUP 1 AUTOMOTI                     | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |       376 | NS      | $124316.88    | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Gulfport Energy Operating Corp.                | GULFPORT ENERGY                      | CUSIP: 402635502<br>LEI: 549300FJX18IDUFPHD40 | Long             | EC               | CORP              | US        |       119 | NS      | $25176.83     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| HF Sinclair Corp.                              | HF SINCLAIR CORP                     | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |      1161 | NS      | $72434.79     | 0.24%             |  |  |  | No            | 1                  | On Loan: —       |
| HNI Corp                                       | HNI CORP                             | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |      1185 | NS      | $39567.15     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Halozyme Therapeutics Inc                      | HALOZYME THERAPE                     | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      1389 | NS      | $89771.07     | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Hancock Whitney Corporation                    | HANCOCK WHITNEY                      | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |      2296 | NS      | $146002.64    | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Hanmi Financial Corp.                          | HANMI FINL CORP                      | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |      1078 | NS      | $28416.08     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc      | HA SUSTAINABLE I                     | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |      1097 | NS      | $40314.75     | 0.13%             |  |  |  | No            | 1                  | On Loan: —       |
| Harley-Davidson, Inc.                          | HARLEY-DAVIDSON                      | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |      1266 | NS      | $25598.52     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Harmony Biosciences Holdings Inc               | HARMONY BIOSCIE                      | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1009 | NS      | $28262.09     | 0.09%             |  |  |  | No            | 1                  | On Loan: —       |
| Hasbro Inc                                     | HASBRO INC                           | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |       652 | NS      | $61027.20     | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Hayward Holdings Inc                           | HAYWARD HOLDINGS                     | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1353 | NS      | $18103.14     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Helios Technologies Inc                        | HELIOS TECHNOLOG                     | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |       713 | NS      | $46138.23     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Helix Energy Solutions Group, Inc.             | HELIX ENERGY SOL                     | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |      3318 | NS      | $32815.02     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Helmerich & Payne Inc                          | HELMERICH & PAYN                     | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |      1537 | NS      | $55378.11     | 0.18%             |  |  |  | No            | 1                  | On Loan: —       |
| Heritage Commerce Corp.                        | HERITAGE COMMERC                     | CUSIP: 426927109<br>LEI: 549300CLIS851ELSR406 | Long             | EC               | CORP              | US        |      2595 | NS      | $32385.60     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Heritage Financial Corp.                       | HERITAGE FINL                        | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1426 | NS      | $37076.00     | 0.12%             |  |  |  | No            | 1                  | On Loan: —       |
| Heritage Insurance Holdings Inc                | HERITAGE INSURAN                     | CUSIP: 42727J102<br>LEI: 9845008CCYDD87F66B45 | Long             | EC               | CORP              | US        |      1535 | NS      | $40293.75     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| HighPeak Energy Inc                            | HIGHPEAK ENERGY                      | CUSIP: 43114Q105<br>LEI: 549300J4RNCV140DUY76 | Long             | EC               | CORP              | US        |      2395 | NS      | $16525.50     | 0.05%             |  |  |  | No            | 1                  | On Loan: —       |
| Hillman Solutions Corp                         | HILLMAN SOLUTION                     | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4478 | NS      | $37256.96     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Hilltop Holdings Inc                           | HILLTOP HOLDINGS                     | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |       613 | NS      | $21957.66     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Hilton Grand Vacations Inc                     | HILTON GRAND VAC                     | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |       714 | NS      | $27931.68     | 0.09%             |  |  |  | No            | 1                  | On Loan: —       |
| Holley Inc                                     | HOLLEY INC                           | CUSIP: 43538H103<br>LEI: 254900EEM9JI9G1A4D88 | Long             | EC               | CORP              | US        |      8123 | NS      | $24937.61     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Home BancShares Inc.                           | HOME BANCSHARES                      | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2189 | NS      | $58949.77     | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Home Bancorp Inc.                              | HOME BANCORP INC                     | CUSIP: 43689E107<br>LEI: 5493008ATL42O3U2YM84 | Long             | EC               | CORP              | US        |       290 | NS      | $17568.20     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Hometrust Bancshares Inc.                      | HOMETRUST BANCSH                     | CUSIP: 437872104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       739 | NS      | $31518.35     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Horace Mann Educators Corporation              | HORACE MANN EDUC                     | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |      2186 | NS      | $93298.48     | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Hovnanian Enterprises, Inc.                    | HOVNANIAN ENT-A                      | CUSIP: 442487401<br>LEI: 549300805N4EF0ROBT53 | Long             | EC               | CORP              | US        |       256 | NS      | $28392.96     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Howard Hughes Holdings Inc.                    | HOWARD HUGHES HO                     | CUSIP: 44267T102<br>LEI: 254900TY494BHXIU6M60 | Long             | EC               | CORP              | US        |       501 | NS      | $31693.26     | 0.11%             |  |  |  | No            | 1                  | On Loan: —       |
| HUB Group Inc                                  | HUB GROUP-A                          | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1875 | NS      | $67575.00     | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Huntington Bancshares Incorporated             | HUNTINGTON BANC                      | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |      5096 | NS      | $79752.40     | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Huntington Ingalls Industries, Inc.            | HUNTINGTON INGAL                     | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |        94 | NS      | $35710.60     | 0.12%             |  |  |  | No            | 1                  | On Loan: —       |
| Huntsman Corporation                           | HUNTSMAN CORP                        | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |      1542 | NS      | $20524.02     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| IAC Inc                                        | IAC INC                              | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |      2679 | NS      | $107240.37    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| ICF International Inc                          | ICF INTERNATIONA                     | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |       273 | NS      | $17824.17     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| ICU Medical Inc                                | ICU MEDICAL                          | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |       152 | NS      | $19630.80     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Crescent Energy Co.                            | CRESCENT ENERG-A                     | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10225 | NS      | $138037.50    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Independent Bank Corp.                         | INDEP BANK/MA                        | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |      1618 | NS      | $121689.78    | 0.40%             |  |  |  | No            | 1                  | On Loan: —       |
| Independent Bank Corp Michigan                 | INDEP BANK/MICH                      | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       739 | NS      | $24608.70     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Ingles Markets, Incorporated                   | INGLES MARKETS-A                     | CUSIP: 457030104<br>LEI: 549300XH5RYBMYP8TF26 | Long             | EC               | CORP              | US        |      1554 | NS      | $139689.06    | 0.46%             |  |  |  | No            | 1                  | On Loan: —       |
| Ingredion Incorporated                         | INGREDION INC                        | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |      1052 | NS      | $118518.32    | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Insight Enterprises Inc.                       | INSIGHT ENTERPRI                     | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |       162 | NS      | $10855.62     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Insteel Industries Inc.                        | INSTEEL INDS                         | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |       466 | NS      | $15662.26     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Installed Building Products Inc                | INSTALLED BUILDI                     | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |       666 | NS      | $176589.90    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Innoviva Inc                                   | INNOVIVA INC                         | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |       147 | NS      | $3425.10      | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Integra LifeSciences Holdings Corporation      | INTEGRA LIFESCIE                     | CUSIP: 457985208<br>LEI: WB7IJCYY8YFTENS4O147 | Long             | EC               | CORP              | US        |      2932 | NS      | $27619.44     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Interface, Inc.                                | INTERFACE INC                        | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |       857 | NS      | $21356.44     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| International Bancshares Corp                  | INTL BANCSHARES                      | CUSIP: 459044103<br>LEI: 549300Y16R531AU8TX77 | Long             | EC               | CORP              | US        |       969 | NS      | $65204.01     | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Intrepid Potash Inc.                           | INTREPID POTASH                      | CUSIP: 46121Y201<br>LEI: 549300OZ696E2PRRTO45 | Long             | EC               | CORP              | US        |       750 | NS      | $32077.50     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Jackson Financial Inc                          | JACKSON FI-A                         | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |      1269 | NS      | $134158.68    | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Jefferies Financial Group Inc                  | JEFFERIES FINANC                     | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |      1110 | NS      | $45809.70     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| JetBlue Airways Corporation                    | JETBLUE AIRWAYS                      | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |      7404 | NS      | $32725.68     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Ziff Davis Inc                                 | ZIFF DAVIS INC                       | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |      2502 | NS      | $104983.92    | 0.35%             |  |  |  | No            | 1                  | On Loan: —       |
| OPENLANE Inc                                   | OPENLANE INC                         | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |      1092 | NS      | $31831.80     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Kaiser Aluminium Corporation                   | KAISER ALUMINUM                      | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       342 | NS      | $41214.42     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| KB Home                                        | KB HOME                              | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |      1434 | NS      | $74209.50     | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Kelly Services Inc                             | KELLY SERVICES-A                     | CUSIP: 488152208<br>LEI: 25490035B2ZPL6RM1974 | Long             | EC               | CORP              | US        |      1773 | NS      | $15691.05     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Kemper Corporation                             | KEMPER CORP                          | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |      1848 | NS      | $56474.88     | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Kennametal Inc                                 | KENNAMETAL INC                       | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |      3688 | NS      | $133247.44    | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Kimball Electronics Inc.                       | KIMBALL ELECTRON                     | CUSIP: 49428J109<br>LEI: 549300COBYN2GZCBIU87 | Long             | EC               | CORP              | US        |       676 | NS      | $16014.44     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Knight-Swift Transportation Holdings Inc.      | KNIGHT-SWIFT TRA                     | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       769 | NS      | $44279.02     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Knowles Corporation                            | KNOWLES CORP                         | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |       939 | NS      | $24113.52     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Kohl's Corp.                                   | KOHLS CORP                           | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |      4436 | NS      | $57224.40     | 0.19%             |  |  |  | No            | 1                  | On Loan: —       |
| Koppers Holdings Inc                           | KOPPERS HOLDINGS                     | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1203 | NS      | $46532.04     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Korn Ferry                                     | KORN FERRY                           | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |       535 | NS      | $33678.25     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Krispy Kreme Inc                               | KRISPY KREME INC                     | CUSIP: 50101L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7208 | NS      | $24435.12     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Kulicke and Soffa Industries, Inc.             | KULICKE & SOFFA                      | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |       477 | NS      | $31348.44     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Kyndryl Holdings Inc                           | KYNDRYL HOLDINGS                     | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |      2581 | NS      | $33862.72     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| LGI Homes Inc                                  | LGI HOMES INC                        | CUSIP: 50187T106<br>LEI: 549300W02B4WNV8CV109 | Long             | EC               | CORP              | US        |       426 | NS      | $16839.78     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| LKQ Corporation                                | LKQ CORP                             | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |      3506 | NS      | $102971.22    | 0.34%             |  |  |  | No            | 1                  | On Loan: —       |
| LCI Industries                                 | LCI INDUSTRIES                       | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |       255 | NS      | $31359.90     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| La-Z-Boy Inc                                   | LA-Z-BOY INC                         | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |       530 | NS      | $17034.20     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Lear Corporation                               | LEAR CORP                            | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |      1226 | NS      | $148444.08    | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Legacy Housing Corp.                           | LEGACY HOUSING C                     | CUSIP: 52472M101<br>LEI: V6WE5M18QYITU8L1QF76 | Long             | EC               | CORP              | US        |      1167 | NS      | $23841.81     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Lending Club Corporation                       | LENDINGCLUB CORP                     | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |      3984 | NS      | $57050.88     | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Liberty Energy Inc                             | LIBERTY ENERGY I                     | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1175 | NS      | $33840.00     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Ligand Pharmaceuticals Incorporated            | LIGAND PHARM                         | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |       110 | NS      | $21961.50     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Lincoln National Corp.                         | LINCOLN NATL CRP                     | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |       793 | NS      | $28151.50     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Lithia Motors Incorporated                     | LITHIA MOTORS                        | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |       696 | NS      | $173805.12    | 0.58%             |  |  |  | No            | 1                  | On Loan: —       |
| Littelfuse Inc.                                | LITTELFUSE INC                       | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |       153 | NS      | $51920.55     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Lyft Inc                                       | LYFT INC-A                           | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |     11695 | NS      | $155543.50    | 0.52%             |  |  |  | No            | 1                  | On Loan: —       |
| MGIC Investment Corp.                          | MGIC INVT CORP                       | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |      4113 | NS      | $107966.25    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| MGM Resorts International                      | MGM RESORTS INTE                     | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |      1257 | NS      | $46521.57     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| MGP Ingredients Inc.                           | MGP INGREDIENTS                      | CUSIP: 55303J106<br>LEI: 2549006OMHFVZ4MS8538 | Long             | EC               | CORP              | US        |       466 | NS      | $8569.74      | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| M/I Homes Inc.                                 | M/I HOMES INC                        | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |       663 | NS      | $81184.35     | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| MKS Inc.                                       | MKS INC                              | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |       473 | NS      | $108700.13    | 0.36%             |  |  |  | No            | 1                  | On Loan: —       |
| MSC Industrial Direct Co Inc.                  | MSC INDL DIRECT                      | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |       899 | NS      | $82950.73     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Macy's, Inc.                                   | MACY'S INC                           | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |      5637 | NS      | $101973.33    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Sphere Entertainment Co.                       | SPHERE ENTERTAIN                     | CUSIP: 55826T102<br>LEI: 254900ZW4JWKYRZZ9A91 | Long             | EC               | CORP              | US        |       602 | NS      | $70674.80     | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Magnolia Oil & Gas Corporation                 | MAGNOLIA OIL-A                       | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1701 | NS      | $53700.57     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| The Manitowoc Company, Inc.                    | MANITOWOC CO                         | CUSIP: 563571405<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | EC               | CORP              | US        |      2227 | NS      | $25944.55     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| ManpowerGroup Inc.                             | MANPOWERGROUP IN                     | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |      1408 | NS      | $41479.68     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Marcus Corp                                    | MARCUS CORP                          | CUSIP: 566330106<br>LEI: 549300NL0OKPNEMP6B79 | Long             | EC               | CORP              | US        |      2641 | NS      | $45345.97     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Marinemax Inc                                  | MARINEMAX INC                        | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |      1526 | NS      | $41293.56     | 0.14%             |  |  |  | No            | 1                  | On Loan: —       |
| Marriott Vacations Worldwide Corp              | MARRIOTT VACATIO                     | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |      1390 | NS      | $90516.80     | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Marten Transport Ltd.                          | MARTEN TRANSPORT                     | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1336 | NS      | $17541.68     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Matador Resources Company                      | MATADOR RESOURCE                     | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |      3042 | NS      | $192193.56    | 0.64%             |  |  |  | No            | 1                  | On Loan: —       |
| Matson Inc                                     | MATSON INC                           | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |       712 | NS      | $116725.28    | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Matthews International Corp                    | MATTHEWS INTL-A                      | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |       713 | NS      | $18409.66     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Maximus Inc                                    | MAXIMUS INC                          | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |       470 | NS      | $30127.00     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Medallion Financial Corp.                      | MEDALLION FINL                       | CUSIP: 583928106<br>LEI: 549300FJ4FMGJ2C34Y48 | Long             | EC               | CORP              | US        |      2600 | NS      | $22256.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: —       |
| Pediatrix Medical Group Inc                    | PEDIATRIX MEDICA                     | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4302 | NS      | $92019.78     | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Mercury Systems Inc                            | MERCURY SYSTEMS                      | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |       108 | NS      | $7874.28      | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Meritage Homes Corp                            | MERITAGE HOMES C                     | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |       834 | NS      | $51574.56     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Microvast Holdings Inc.                        | MICROVAST HOLDIN                     | CUSIP: 59516C106<br>LEI: 549300J4UX9OMHSTKS35 | Long             | EC               | CORP              | US        |      9635 | NS      | $14452.50     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Middleby Corp.                                 | MIDDLEBY CORP                        | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |       160 | NS      | $21212.80     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Midland States Bancorp Inc.                    | MIDLAND STATES B                     | CUSIP: 597742105<br>LEI: 5493006RHXW9TTBWYC94 | Long             | EC               | CORP              | US        |       828 | NS      | $18472.68     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| MillerKnoll Inc.                               | MILLERKNOLL INC                      | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |      1282 | NS      | $18537.72     | 0.06%             |  |  |  | No            | 1                  | On Loan: —       |
| Miller Industries Inc. (Tennessee)             | MILLER INDS/TENN                     | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |       712 | NS      | $32431.60     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Minerals Technologies Inc.                     | MINERALS TECH                        | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |      1208 | NS      | $85671.36     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Mister Car Wash Inc                            | MISTER CAR WASH                      | CUSIP: 60646V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6362 | NS      | $44343.14     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Mistras Group Inc                              | MISTRAS GROUP IN                     | CUSIP: 60649T107<br>LEI: 5493000CMNXVLND3FU73 | Long             | EC               | CORP              | US        |      1648 | NS      | $24357.44     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Mitek Systems Inc.                             | MITEK SYSTEMS                        | CUSIP: 606710200<br>LEI: 549300ABZAQ3R25XG118 | Long             | EC               | CORP              | US        |      2791 | NS      | $37678.50     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Mohawk Industries, Inc.                        | MOHAWK INDS                          | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |       906 | NS      | $89204.76     | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Molson Coors Beverage Company                  | MOLSON COORS-B                       | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |      2211 | NS      | $95205.66     | 0.32%             |  |  |  | No            | 1                  | On Loan: —       |
| Monro Inc                                      | MONRO INC                            | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1747 | NS      | $28021.88     | 0.09%             |  |  |  | No            | 1                  | On Loan: —       |
| The Mosaic Company                             | MOSAIC CO/THE                        | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |      2074 | NS      | $52887.00     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Movado Group Inc                               | MOVADO GROUP                         | CUSIP: 624580106<br>LEI: 549300WCGCGPWGHVXM59 | Long             | EC               | CORP              | US        |      1066 | NS      | $26031.72     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Mueller Industries Inc.                        | MUELLER INDS                         | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |       388 | NS      | $42990.40     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Murphy Oil Corporation                         | MURPHY OIL CORP                      | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |      4171 | NS      | $172053.75    | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| NBT Bancorp Inc                                | NBT BANCORP INC                      | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       527 | NS      | $22439.66     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| NMI Holdings Inc                               | NMI HOLDINGS INC                     | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |      1825 | NS      | $68455.75     | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| NOV Inc.                                       | NOV INC                              | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |      3956 | NS      | $74412.36     | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| National Bank Holdings Corp                    | NATIONAL-CL A                        | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1053 | NS      | $41235.48     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| National Healthcare Corporation                | NATL HEALTHCARE                      | CUSIP: 635906100<br>LEI: 254900PTS11LS1JS2752 | Long             | EC               | CORP              | US        |       570 | NS      | $91029.00     | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Natural Grocers By Vitamin Cottage Inc.        | NATURAL GROCERS                      | CUSIP: 63888U108<br>LEI: 529900P4OTXDGBUS3O87 | Long             | EC               | CORP              | US        |       856 | NS      | $22127.60     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Neogen Corp                                    | NEOGEN CORP                          | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |      2455 | NS      | $22806.95     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Netgear Inc                                    | NETGEAR INC                          | CUSIP: 64111Q104<br>LEI: 54930067KX3UNRHDWA78 | Long             | EC               | CORP              | US        |       872 | NS      | $19044.48     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| NETSCOUT Systems Inc.                          | NETSCOUT SYSTEMS                     | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |      3170 | NS      | $100774.30    | 0.34%             |  |  |  | No            | 1                  | On Loan: —       |
| Newmarket Corporation                          | NEWMARKET CORP                       | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |       276 | NS      | $176902.20    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Newmark Group Inc                              | NEWMARK GROUP-A                      | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5495 | NS      | $82370.05     | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Nexstar Media Group Inc                        | NEXSTAR MEDIA                        | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |       491 | NS      | $88787.53     | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Northern Oil And Gas, Inc.                     | NORTHERN OIL AND                     | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |      3709 | NS      | $108414.07    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Northwest Bancshares Inc                       | NORTHWEST BANCSH                     | CUSIP: 667340103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5135 | NS      | $65163.15     | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| O-I Glass Inc                                  | O-I GLASS INC                        | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2818 | NS      | $29617.18     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Chord Energy Corp.                             | CHORD ENERGY COR                     | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |      1272 | NS      | $180852.96    | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| OceanFirst Financial Corp.                     | OCEANFIRST FINL                      | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1487 | NS      | $26825.48     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Old National Bancorp                           | OLD NATL BANCORP                     | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |      3798 | NS      | $83935.80     | 0.28%             |  |  |  | No            | 1                  | On Loan: —       |
| Old Republic International Corporation         | OLD REPUB INTL                       | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |      5200 | NS      | $207480.00    | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Old Second Bancorp Inc.                        | OLD SECOND BNCRP                     | CUSIP: 680277100<br>LEI: 549300XVJC1MPUT81C04 | Long             | EC               | CORP              | US        |      3280 | NS      | $66124.80     | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Omnicell Inc                                   | OMNICELL INC                         | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |      1000 | NS      | $33380.00     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Oppenheimer Holdings Inc.                      | OPPENHEIMER HO-A                     | CUSIP: 683797104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1107 | NS      | $98733.33     | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Option Care Health Inc                         | OPTION CARE HEAL                     | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |      1184 | NS      | $31873.28     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Oshkosh Corporation                            | OSHKOSH CORP                         | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |       670 | NS      | $98630.70     | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Ovintiv Inc                                    | OVINTIV INC                          | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |      3778 | NS      | $224262.08    | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| PC Connection Inc.                             | PC CONNECTION                        | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |       491 | NS      | $28703.86     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| PRA Group Inc.                                 | PRA GROUP INC                        | CUSIP: 69354N106<br>LEI: 549300Q5HW3JSSB86K27 | Long             | EC               | CORP              | US        |      3086 | NS      | $54005.00     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| PVH Corp.                                      | PVH CORP                             | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |       920 | NS      | $64179.20     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Pacira Biosciences Inc                         | PACIRA BIOSCIENC                     | CUSIP: 695127100<br>LEI: 549300P56LERYBDHCF69 | Long             | EC               | CORP              | US        |      2030 | NS      | $45878.00     | 0.15%             |  |  |  | No            | 1                  | On Loan: —       |
| Par Pacific Holdings, Inc.                     | PAR PACIFIC HOLD                     | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |      3270 | NS      | $204832.80    | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Paramount Skydance Corp.                       | PARAMOUNT SKYDAN                     | CUSIP: 69932A204<br>LEI: 529900B6VAJG54Y9QF02 | Long             | EC               | CORP              | US        |      2617 | NS      | $23605.34     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Park Ohio Holdings Corp.                       | PARK OHIO HLDGS                      | CUSIP: 700666100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       788 | NS      | $18943.52     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Patterson-UTI Energy Inc.                      | PATTERSON-UTI                        | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |      4596 | NS      | $49774.68     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Peabody Energy Corp.                           | PEABODY ENERGY                       | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |      1927 | NS      | $63494.65     | 0.21%             |  |  |  | No            | 1                  | On Loan: —       |
| PENN Entertainment Inc                         | PENN ENTERTAINME                     | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2918 | NS      | $43857.54     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Pennymac Financial Services Inc                | PENNYMAC FINANCI                     | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |       610 | NS      | $53314.00     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Penske Automotive Group, Inc.                  | PENSKE AUTOMOTIV                     | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |       648 | NS      | $96888.96     | 0.32%             |  |  |  | No            | 1                  | On Loan: —       |
| Peoples Bancorp Inc. (Ohio)                    | PEOPLES BANC INC                     | CUSIP: 709789101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1935 | NS      | $63603.45     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Perdoceo Education Corp.                       | PERDOCEO EDUCATI                     | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |      1197 | NS      | $44540.37     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Permian Resources Corp                         | PERMIAN RESOURCE                     | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |      2804 | NS      | $59781.28     | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Photronics Inc.                                | PHOTRONICS INC                       | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |      2964 | NS      | $119775.24    | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Pinnacle Financial Partners Inc.               | PINNACLE FINANCI                     | CUSIP: 72348N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       806 | NS      | $69428.84     | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Portillos Inc.                                 | PORTILLO'S-CL A                      | CUSIP: 73642K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1929 | NS      | $10204.41     | 0.03%             |  |  |  | No            | 1                  | On Loan: —       |
| Post Holdings Inc.                             | POST HOLDINGS IN                     | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |       556 | NS      | $54966.16     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Preformed Line Products Co.                    | PREFORMED LINE                       | CUSIP: 740444104<br>LEI: 549300EYH53XDJID2098 | Long             | EC               | CORP              | US        |       195 | NS      | $52796.25     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Prestige Consumer Healthcare Inc               | PRESTIGE CONSUME                     | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       408 | NS      | $24182.16     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Primoris Services Corp.                        | PRIMORIS SERVICE                     | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |       414 | NS      | $59218.56     | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Proassurance Corp                              | PROASSURANCE COR                     | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |      5160 | NS      | $127555.20    | 0.42%             |  |  |  | No            | 1                  | On Loan: —       |
| Prosperity Bancshares Inc                      | PROSPERITY BNCSH                     | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1440 | NS      | $96739.20     | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Proto Labs Inc                                 | PROTO LABS INC                       | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |       691 | NS      | $39400.82     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Quaker Houghton                                | QUAKER CHEMICAL                      | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |       313 | NS      | $38883.99     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Qorvo Inc                                      | QORVO INC                            | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |      1650 | NS      | $127710.00    | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| RCI Hospitality Holdings Inc.                  | RCI HOSPITALITY                      | CUSIP: 74934Q108<br>LEI: 529900COXP1MLE1UKG69 | Long             | EC               | CORP              | US        |       419 | NS      | $9557.39      | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| RPC Inc                                        | RPC INC                              | CUSIP: 749660106<br>LEI: 549300ZDXAFBC3SB4918 | Long             | EC               | CORP              | US        |      3549 | NS      | $25126.92     | 0.08%             |  |  |  | No            | 1                  | On Loan: —       |
| Radian Group Inc.                              | RADIAN GROUP INC                     | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |      3202 | NS      | $105922.16    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Ramaco Resources Inc.                          | RAMACO RES-B                         | CUSIP: 75134P501<br>LEI: 5493001BYUI4TCQOPF70 | Long             | EC               | CORP              | US        |        54 | NS      | $548.32       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Ranger Energy Services Inc                     | RANGER ENERGY A                      | CUSIP: 75282U104<br>LEI: 549300J7RIVGVAN0RE23 | Long             | EC               | CORP              | US        |      1989 | NS      | $34091.46     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Ranpak Holdings Corp.                          | RANPAK HOLDINGS                      | CUSIP: 75321W103<br>LEI: 5493000Z9EZR9DCYOO86 | Long             | EC               | CORP              | US        |       208 | NS      | $742.56       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Rayonier Advanced Materials Inc                | RAYONIER ADV                         | CUSIP: 75508B104<br>LEI: 54930053QJ7OUGZG4F72 | Long             | EC               | CORP              | US        |       990 | NS      | $10959.30     | 0.04%             |  |  |  | No            | 1                  | On Loan: —       |
| Red Rock Resorts Inc                           | RED ROCK RESOR-A                     | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1742 | NS      | $92953.12     | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Regal Rexnord Corporation                      | REGAL REXNORD CO                     | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |      1119 | NS      | $209543.94    | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Regional Management Corp.                      | REGIONAL MANAGEM                     | CUSIP: 75902K106<br>LEI: 549300S5O87W87JW4146 | Long             | EC               | CORP              | US        |      1368 | NS      | $44118.00     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Renasant Corp.                                 | RENASANT CORP                        | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |      1707 | NS      | $61673.91     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Republic Bancorp Inc. (Kentucky)               | REPUBLIC BNCRP-A                     | CUSIP: 760281204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       243 | NS      | $17143.65     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Repay Holdings Corporation                     | REPAY HOLDINGS C                     | CUSIP: 76029L100<br>LEI: 2549006EJ42T73ZKUI98 | Long             | EC               | CORP              | US        |      4841 | NS      | $12586.60     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Republic First Bancorp Inc.                    | REPUBLIC FIRST                       | CUSIP: 760416107<br>LEI: 254900GIRCF2RJWU8438 | Long             | EC               | CORP              | US        |      3100 | NS      | $0.31         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Resideo Technologies Inc                       | RESIDEO TECHN                        | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |      3738 | NS      | $126007.98    | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| RESOLUTE FOREST PRODUCTS, INC. - CVR           | RESOLUTE FOREST -CVR                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |      3718 | NS      | $8328.32      | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Ribbon Communications Inc.                     | RIBBON COMMUNICA                     | CUSIP: 762544104<br>LEI: 549300L1E8Z8RL7CUL52 | Long             | EC               | CORP              | US        |      8952 | NS      | $18978.24     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Riley Exploration Permian Inc.                 | RILEY EXPLORATIO                     | CUSIP: 76665T102<br>LEI: 5493008CUBI02XP43Q95 | Long             | EC               | CORP              | US        |      1183 | NS      | $43120.35     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Rogers Corp                                    | ROGERS CORP                          | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |       292 | NS      | $31340.36     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Rush Enterprises Inc.                          | RUSH ENTER-CL A                      | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |       450 | NS      | $29749.50     | 0.10%             |  |  |  | No            | 1                  | On Loan: —       |
| Ryder System, Inc.                             | RYDER SYSTEM INC                     | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |       299 | NS      | $61208.29     | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Ryerson Holding Corporation                    | RYERSON HOLDING                      | CUSIP: 783754104<br>LEI: 549300JMA41B3ZHOVE45 | Long             | EC               | CORP              | US        |      2155 | NS      | $48444.40     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| S&T Bancorp Inc                                | S & T BANCORP                        | CUSIP: 783859101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1536 | NS      | $64250.88     | 0.21%             |  |  |  | No            | 1                  | On Loan: —       |
| SM Energy Co.                                  | SM ENERGY CO                         | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |      6153 | NS      | $191850.54    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Safety Insurance Group Inc.                    | SAFETY INSURANCE                     | CUSIP: 78648T100<br>LEI: 254900LDCFLA3J746840 | Long             | EC               | CORP              | US        |       391 | NS      | $28402.24     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Sally Beauty Holdings Inc.                     | SALLY BEAUTY HOL                     | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |      3987 | NS      | $55219.95     | 0.18%             |  |  |  | No            | 1                  | On Loan: —       |
| Sandridge Energy, Inc.                         | SANDRIDGE ENERGY                     | CUSIP: 80007P869<br>LEI: W1MKPVGS6I5155L7VV67 | Long             | EC               | CORP              | US        |      1886 | NS      | $30760.66     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Sanmina Corp                                   | SANMINA CORP                         | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |        86 | NS      | $11149.04     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| ScanSource Inc.                                | SCANSOURCE INC                       | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |      1272 | NS      | $46173.60     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Henry Schein, Inc.                             | HENRY SCHEIN INC                     | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |       426 | NS      | $31396.20     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Schneider National Inc                         | SCHNEIDER NATL-B                     | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |      1564 | NS      | $41227.04     | 0.14%             |  |  |  | No            | 1                  | On Loan: —       |
| Seaboard Corp Del                              | SEABOARD CORP                        | CUSIP: 811543107<br>LEI: 87Q3KOXT29OW9W9YPT70 | Long             | EC               | CORP              | US        |        30 | NS      | $169620.60    | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| Seacoast Banking Corporation Of Florida        | SEACOAST BANK/FL                     | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |      2299 | NS      | $69636.71     | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Sealed Air Corp.                               | SEALED AIR CORP                      | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |      1169 | NS      | $49156.45     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Security Nat Finl                              | SECURITY NATL-A                      | CUSIP: 814785309<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2849 | NS      | $27008.52     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Selective Insurance Group Inc.                 | SELECT INS GRP                       | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |       824 | NS      | $62121.36     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Seneca Foods                                   | SENECA FOODS-A                       | CUSIP: 817070501<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       312 | NS      | $47149.44     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Shoe Carnival Inc                              | SHOE CARNIVAL                        | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1068 | NS      | $16650.12     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Sierra Bancorp                                 | SIERRA BANCORP                       | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       240 | NS      | $8140.80      | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Silicon Laboratories, Inc.                     | SILICON LABS                         | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |       470 | NS      | $97830.50     | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Silgan Holdings Inc.                           | SILGAN HOLDINGS                      | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |      1286 | NS      | $49896.80     | 0.17%             |  |  |  | No            | 1                  | On Loan: —       |
| Simpson Manufacturing Co Inc.                  | SIMPSON MFG                          | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |       657 | NS      | $112754.34    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| SiriusXM Holdings Inc                          | SIRIUS XM HOLDIN                     | CUSIP: 829933100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6035 | NS      | $139287.80    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Skywest Inc                                    | SKYWEST INC                          | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |       521 | NS      | $47843.43     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Skyworks Solutions, Inc.                       | SKYWORKS SOLUTIO                     | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |       318 | NS      | $17028.90     | 0.06%             |  |  |  | No            | 1                  | On Loan: —       |
| Sonic Automotive, Inc.                         | SONIC AUTOMOTI-A                     | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |       479 | NS      | $32845.03     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Sotera Health Company                          | SOTERA HEALTH CO                     | CUSIP: 83601L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7436 | NS      | $106632.24    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Southstate Bank Corp.                          | SOUTHSTATE BANK                      | CUSIP: 84472E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1260 | NS      | $116575.20    | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Spectrum Brands Holdings Inc.                  | SPECTRUM BRANDS                      | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |       770 | NS      | $56749.00     | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Standard Motor Products, Inc.                  | STANDARD MOTOR                       | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |       876 | NS      | $30432.24     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Stanley Black & Decker, Inc.                   | STANLEY BLACK &                      | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |       504 | NS      | $35814.24     | 0.12%             |  |  |  | No            | 1                  | On Loan: —       |
| Stepan Co                                      | STEPAN CO                            | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |       684 | NS      | $34186.32     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Stellar Bancorp Inc                            | STELLAR BANCORP                      | CUSIP: 858927106<br>LEI: 54930070P8Z0WHFBB536 | Long             | EC               | CORP              | US        |      2035 | NS      | $74501.35     | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Stewart Information Services Corporation       | STEWART INFO SVC                     | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |       781 | NS      | $48093.98     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Strategic Education Inc                        | STRATEGIC EDUCAT                     | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |       333 | NS      | $27625.68     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Sun Country Airlines Holdings Inc.             | SUN COUNTRY HOLD                     | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |      3203 | NS      | $52913.56     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| SunCoke Energy, Inc.                           | SUNCOKE ENERGY I                     | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |      3406 | NS      | $22173.06     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Supernus Pharmaceuticals, Inc                  | SUPERNUS PHARMAC                     | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |       652 | NS      | $33701.88     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| TD Synnex Corp                                 | TD SYNNEX CORP                       | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |       172 | NS      | $29018.12     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Tri Pointe Homes Inc                           | TRI POINTE HOMES                     | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1241 | NS      | $57991.93     | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| TTM Technologies Inc                           | TTM TECHNOLOGIES                     | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |       155 | NS      | $15100.10     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Tandy Leather Factory Inc                      | TANDY LEATHER FA                     | CUSIP: 87538X105<br>LEI: 549300XB36MQTBM8UQ34 | Long             | EC               | CORP              | US        |       149 | NS      | $344.19       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Taylor Morrison Home Corp                      | TAYLOR MORRISON                      | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |      1611 | NS      | $93824.64     | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Teladoc Health Inc                             | TELADOC HEALTH I                     | CUSIP: 87918A105<br>LEI: 549300I2PVFBC9MFAC61 | Long             | EC               | CORP              | US        |      8573 | NS      | $46722.85     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Teleflex Incorporated                          | TELEFLEX INC                         | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |       873 | NS      | $104419.53    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Telephone and Data Systems Inc.                | TELEPHONE & DATA                     | CUSIP: 879433829<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EC               | CORP              | US        |      1986 | NS      | $83610.60     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Thor Industries Inc.                           | THOR INDUSTRIES                      | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |      1071 | NS      | $85562.19     | 0.28%             |  |  |  | No            | 1                  | On Loan: —       |
| The Timken Company                             | TIMKEN CO                            | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |       485 | NS      | $48776.45     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Titan Machinery Inc.                           | TITAN MACHINERY                      | CUSIP: 88830R101<br>LEI: 549300835ZM8G0BT5C94 | Long             | EC               | CORP              | US        |      2189 | NS      | $36600.08     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| TowneBank (Portsmouth Virginia)                | TOWNE BANK                           | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |      1177 | NS      | $39629.59     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| TriCo Bancshares                               | TRICO BANCSHARES                     | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       787 | NS      | $37413.98     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Trustco Bank Corp NY                           | TRUSTCO BANK NY                      | CUSIP: 898349204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       783 | NS      | $34279.74     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Trustmark Corp                                 | TRUSTMARK CORP                       | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |      2033 | NS      | $85670.62     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Tutor Perini Corporation                       | TUTOR PERINI COR                     | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |       151 | NS      | $11655.69     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| USANA Health Sciences Inc.                     | USANA HEALTH SCI                     | CUSIP: 90328M107<br>LEI: 549300YTURXE814MAH96 | Long             | EC               | CORP              | US        |       799 | NS      | $13958.53     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| US Physical Therapy Inc                        | US PHYSICAL THER                     | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Long             | EC               | CORP              | US        |       308 | NS      | $23087.68     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Ultra Clean Holdings Inc                       | ULTRA CLEAN HOLD                     | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |       819 | NS      | $50925.42     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Unico American Corporation                     | UNICO AMER CORP                      | CUSIP: 904607108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       246 | NS      | $0.00         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Unifirst Corp                                  | UNIFIRST CORP/MA                     | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |       520 | NS      | $130826.80    | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| United Bancshares Inc                          | UNITED BANCSHARE                     | CUSIP: 909458101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       172 | NS      | $6630.60      | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| United Community Banks Inc.(South Carolina)    | UNITED COMMUNITY                     | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |      2462 | NS      | $77528.38     | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| United Bankshares Inc                          | UNITED BANKSHS                       | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               | CORP              | US        |      2726 | NS      | $112910.92    | 0.38%             |  |  |  | No            | 1                  | On Loan: —       |
| United Fire Group Inc                          | UNITED FIRE GROU                     | CUSIP: 910340108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2961 | NS      | $109734.66    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| United Natural Foods, Inc.                     | UNITED NATURAL                       | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |      2893 | NS      | $130358.58    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Unity Bancorp Inc                              | UNITY BANCORP                        | CUSIP: 913290102<br>LEI: 549300Q90ZRNUR65PL93 | Long             | EC               | CORP              | US        |       507 | NS      | $26277.81     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Universal Corporation                          | UNIVERSAL CORP                       | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |       971 | NS      | $51171.70     | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Univest Financial Corp.                        | UNIVEST FINANCIA                     | CUSIP: 915271100<br>LEI: 4WII2HCR8UEWNU03U507 | Long             | EC               | CORP              | US        |       577 | NS      | $19768.02     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Urban Outfitters Inc.                          | URBAN OUTFITTER                      | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |       399 | NS      | $25276.65     | 0.08%             |  |  |  | No            | 1                  | On Loan: —       |
| Utah Medical Products Inc.                     | UTAH MEDICAL PRO                     | CUSIP: 917488108<br>LEI: 5493002R27BBGV8DID60 | Long             | EC               | CORP              | US        |        83 | NS      | $5145.17      | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Vaalco Energy Inc                              | VAALCO ENERGY                        | CUSIP: 91851C201<br>LEI: 549300CFHFVIWB8M6T24 | Long             | EC               | CORP              | US        |      9273 | NS      | $58790.82     | 0.20%             |  |  |  | No            | 1                  | On Loan: —       |
| Valley National Bancorp.                       | VALLEY NATL BANC                     | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |      6780 | NS      | $83258.40     | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Valmont Industries, Inc.                       | VALMONT INDS                         | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |       469 | NS      | $187398.33    | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Varex Imaging Corporation                      | VAREX IMAGIN                         | CUSIP: 92214X106<br>LEI: 549300CWYWPVCT8E9W67 | Long             | EC               | CORP              | US        |      2518 | NS      | $26715.98     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Veeco Instruments Inc.                         | VEECO INSTRUMENT                     | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |      1145 | NS      | $38769.70     | 0.13%             |  |  |  | No            | 1                  | On Loan: —       |
| V2X Inc                                        | V2X INC                              | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       509 | NS      | $34866.50     | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| ViaSat, Inc.                                   | VIASAT INC                           | CUSIP: 92552V100<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | EC               | CORP              | US        |      1683 | NS      | $77081.40     | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Viavi Solutions Inc                            | VIAVI SOLUTIONS                      | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |      2161 | NS      | $71918.08     | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Victorias Secret and Co                        | VICTORIA'S SECRE                     | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |       874 | NS      | $40518.64     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Village Super Market Inc.                      | VILLAGE SUPER -A                     | CUSIP: 927107409<br>LEI: 25490069686XCNNEMQ07 | Long             | EC               | CORP              | US        |      1480 | NS      | $62500.40     | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Virtu Financial Inc                            | VIRTU FINANCIA-A                     | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |       610 | NS      | $26827.80     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Virtus Investment Partners Inc.                | VIRTUS INVEST                        | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |       136 | NS      | $18271.60     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Visteon Corporation                            | VISTEON CORP                         | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |       256 | NS      | $23324.16     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Vontier Corporation                            | VONTIER CORP                         | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |      1288 | NS      | $45685.36     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Voya Financial Inc                             | VOYA FINANCIAL I                     | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |      1099 | NS      | $75083.68     | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| WSFS Financial Corporation                     | WSFS FINANCIAL                       | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |      2406 | NS      | $157496.76    | 0.52%             |  |  |  | No            | 1                  | On Loan: —       |
| Webster Financial Corp.                        | WEBSTER FINL                         | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |      1274 | NS      | $88441.08     | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Weis Markets Inc                               | WEIS MARKETS INC                     | CUSIP: 948849104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       772 | NS      | $52797.08     | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Werner Enterprises Inc.                        | WERNER ENT                           | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |      1380 | NS      | $40585.80     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Wesbanco Inc                                   | WESBANCO INC                         | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1252 | NS      | $43181.48     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Wesco International, Inc.                      | WESCO INTL                           | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |       402 | NS      | $109995.24    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Westamerica Bancorp                            | WESTAMERICA BANC                     | CUSIP: 957090103<br>LEI: 984500CF4F8115C11D96 | Long             | EC               | CORP              | US        |       639 | NS      | $33323.85     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Western Alliance Bancorp                       | WESTERN ALLIANCE                     | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |      1565 | NS      | $110880.25    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Weyco Group Inc.                               | WEYCO GROUP                          | CUSIP: 962149100<br>LEI: 549300I10J38MHJELM87 | Long             | EC               | CORP              | US        |       784 | NS      | $25127.20     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Willis Lease Finance Corp.                     | WILLIS LEASE                         | CUSIP: 970646105<br>LEI: 54930023EP1OE5MKWF89 | Long             | EC               | CORP              | US        |       200 | NS      | $34052.00     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Winnebago Industries Inc.                      | WINNEBAGO INDS                       | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |       824 | NS      | $25535.76     | 0.08%             |  |  |  | No            | 1                  | On Loan: —       |
| World Kinect Corporation                       | WORLD KINECT COR                     | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |       793 | NS      | $18294.51     | 0.06%             |  |  |  | No            | 1                  | On Loan: —       |
| Xerox Holdings Corporation                     | XEROX HOLDINGS C                     | CUSIP: 98421M114<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DO               | CORP              | US        |      2798 | NS      | $253.22       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Zions Bancorporation Natl Assn Global Bank     | ZIONS BANCORP NA                     | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |      1988 | NS      | $114548.56    | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                            | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Constellium SE                                 | CONSTELLIUM SE                       | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |      1776 | NS      | $43654.08     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Alkermes PLC                                   | ALKERMES PLC                         | CUSIP: G01767105<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      2658 | NS      | $93986.88     | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Amdocs Limited                                 | AMDOCS LTD                           | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |       674 | NS      | $43985.24     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Assured Guaranty Ltd.                          | ASSURED GUARANTY                     | CUSIP: G0585R106<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | BM        |      1294 | NS      | $105435.12    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| AXIS Capital Holdings Limited                  | AXIS CAPITAL                         | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |      1740 | NS      | $176453.40    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Cushman And Wakefield Ltd.                     | CUSHMAN & WAKEFI                     | CUSIP: G2717C106<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      3910 | NS      | $47936.60     | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Essent Group Ltd.                              | ESSENT GROUP LTD                     | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |      1749 | NS      | $102211.56    | 0.34%             |  |  |  | No            | 1                  | On Loan: —       |
| Gates Industrial Corp PLC                      | GATES INDUSTRIAL                     | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |      1259 | NS      | $28465.99     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Janus Henderson Group PLC                      | JANUS HENDERSON                      | CUSIP: G4474Y214<br>LEI: 2138009WPYMWJN3RVF44 | Long             | EC               | CORP              | JE        |      2186 | NS      | $112294.82    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Jazz Pharmaceuticals PLC                       | JAZZ PHARMACEUTI                     | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |       751 | NS      | $141976.55    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Noble Corporation PLC                          | NOBLE CORP PLC                       | CUSIP: G65431127<br>LEI: 549300I3HBUNXO0OG954 | Long             | EC               | CORP              | GB        |       810 | NS      | $39746.70     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Sensata Technologies Holding PLC               | SENSATA TECHNOLO                     | CUSIP: G8060N102<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | GB        |       947 | NS      | $33353.34     | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Signet Jewelers Limited                        | SIGNET JEWELERS                      | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |       684 | NS      | $57893.76     | 0.19%             |  |  |  | No            | 1                  | On Loan: —       |
| SiriusPoint Ltd                                | SIRIUSPOINT LTD                      | CUSIP: G8192H106<br>LEI: 549300OGXFI85N3YZZ51 | Long             | EC               | CORP              | BM        |      6419 | NS      | $138265.26    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Investindustrial Advisors SpA                  | INVESTINDUSTRIAL CVR                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | IT        |      2313 | NS      | $4464.09      | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| QIAGEN NV                                      | QIAGEN NV                            | CUSIP: N72482156<br>LEI: 54930036WK3GMCN17Z57 | Long             | EC               | CORP              | NL        |      5126 | NS      | $205245.04    | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Copa Holdings SA                               | COPA HOLDIN-CL A                     | CUSIP: P31076105<br>LEI: 529900BB9UQJV6QQHA59 | Long             | EC               | CORP              | PA        |      1272 | NS      | $144511.92    | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

**Name of Applicant:** NORTHERN LIGHTS FUND TRUST II

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer