# EDGAR Filing Document

**Accession Number:** 0000356494
**File Stem:** 0000035402-25-002308
**Filing Date:** 2025-11
**Character Count:** 57268
**Document Hash:** fc78169d35baa8bc7259938963ea58ce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-002308.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0000035402-25-002308

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VARIABLE INSURANCE PRODUCTS FUND
- **CENTRAL INDEX KEY:** 0000356494

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03329
- **FILM NUMBER:** 251519914

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY CASH RESERVES II
- **DATE OF NAME CHANGE:** 19850825

## Series and Classes Contracts Data

### Value Portfolio (Series ID: S000007721)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000020993 | Initial Class   |  |
| C000020994 | Investor Class  |  |
| C000020995 | Service Class   |  |
| C000020996 | Service Class 2 |  |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Variable Insurance Products:**

**VIP Value Portfolio**

**September 30, 2025**

VIPVAL-NPRT3-1125

1.808786.121 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 99.0%** | &nbsp;&nbsp;**Common Stocks - 99.0%** | &nbsp;&nbsp;**Common Stocks - 99.0%** |
|  | Shares | Value ($)<br>|
| CANADA - 4.0%  |  |  |
| Consumer Discretionary - 1.1% |  |  |
| Textiles, Apparel & Luxury Goods - 1.1% |  |  |
| Gildan Activewear Inc (a) | 110682 | 6394218 |
| Energy - 2.1% |  |  |
| Oil, Gas & Consumable Fuels - 2.1% |  |  |
| Canadian Natural Resources Ltd  | 145966 | 4667304 |
| Imperial Oil Ltd  | 83391 | 7561335 |
|  |  | 12228639 |
| Materials - 0.8% |  |  |
| Chemicals - 0.8% |  |  |
| Methanex Corp (United States)  | 112729 | 4482105 |
| TOTAL CANADA |  | 23104962 |
| HONG KONG - 0.8%  |  |  |
| Financials - 0.8% |  |  |
| Insurance - 0.8% |  |  |
| Prudential PLC  | 324600 | 4544310 |
| Prudential PLC rights (b)(c) | 324600 | 25173 |
| TOTAL HONG KONG |  | 4569483 |
| PORTUGAL - 0.6%  |  |  |
| Energy - 0.6% |  |  |
| Oil, Gas & Consumable Fuels - 0.6% |  |  |
| Galp Energia SGPS SA  | 199000 | 3761539 |
| PUERTO RICO - 1.1%  |  |  |
| Financials - 1.1% |  |  |
| Banks - 1.1% |  |  |
| Popular Inc  | 50700 | 6439407 |
| SPAIN - 0.4%  |  |  |
| Communication Services - 0.4% |  |  |
| Diversified Telecommunication Services - 0.4% |  |  |
| Cellnex Telecom SA (d)(e) | 65500 | 2268750 |
| SWITZERLAND - 0.5%  |  |  |
| Financials - 0.5% |  |  |
| Capital Markets - 0.5% |  |  |
| UBS Group AG  | 77469 | 3163767 |
| UNITED KINGDOM - 1.1%  |  |  |
| Health Care - 1.1% |  |  |
| Pharmaceuticals - 1.1% |  |  |
| Astrazeneca PLC ADR  | 87134 | 6684920 |
| UNITED STATES - 90.5%  |  |  |
| Communication Services - 5.1% |  |  |
| Interactive Media & Services - 4.3% |  |  |
| Alphabet Inc Class A  | 64700 | 15728570 |
| Meta Platforms Inc Class A  | 8641 | 6345778 |
| ZoomInfo Technologies Inc (c) | 300300 | 3276273 |
|  |  | 25350621 |
| Media - 0.8% |  |  |
| Nexstar Media Group Inc (a) | 22900 | 4528246 |
| TOTAL COMMUNICATION SERVICES |  | 29878867 |
| Consumer Discretionary - 9.6% |  |  |
| Hotels, Restaurants & Leisure - 0.7% |  |  |
| Hilton Grand Vacations Inc (c) | 100662 | 4208678 |
| Household Durables - 2.7% |  |  |
| PulteGroup Inc  | 36200 | 4783106 |
| Somnigroup International Inc  | 68193 | 5750716 |
| TopBuild Corp (c) | 13100 | 5120266 |
|  |  | 15654088 |
| Leisure Products - 1.5% |  |  |
| BRP Inc Subordinate Voting Shares  | 53500 | 3252978 |
| Hasbro Inc  | 70100 | 5317085 |
|  |  | 8570063 |
| Specialty Retail - 4.7% |  |  |
| Bath & Body Works Inc  | 182000 | 4688320 |
| Lithia Motors Inc Class A  | 14528 | 4590848 |
| Murphy USA Inc  | 11800 | 4581468 |
| Penske Automotive Group Inc (a) | 20600 | 3582546 |
| Signet Jewelers Ltd (a) | 70000 | 6714401 |
| Upbound Group Inc  | 150634 | 3559481 |
|  |  | 27717064 |
| TOTAL CONSUMER DISCRETIONARY |  | 56149893 |
| Consumer Staples - 5.2% |  |  |
| Beverages - 2.3% |  |  |
| Constellation Brands Inc Class A  | 31400 | 4228638 |
| Keurig Dr Pepper Inc  | 184054 | 4695218 |
| Primo Brands Corp Class A  | 203900 | 4506190 |
|  |  | 13430046 |
| Consumer Staples Distribution & Retail - 0.6% |  |  |
| Dollar Tree Inc (c) | 39300 | 3708740 |
| Food Products - 2.3% |  |  |
| Bunge Global SA  | 58406 | 4745488 |
| Darling Ingredients Inc (c) | 150838 | 4656369 |
| Ingredion Inc  | 30900 | 3773199 |
|  |  | 13175056 |
| TOTAL CONSUMER STAPLES |  | 30313842 |
| Energy - 4.9% |  |  |
| Oil, Gas & Consumable Fuels - 4.9% |  |  |
| Core Natural Resources Inc  | 62445 | 5212909 |
| Exxon Mobil Corp  | 129908 | 14647127 |
| Phillips 66  | 34600 | 4706292 |
| Targa Resources Corp  | 23263 | 3897483 |
|  |  | 28463811 |
| Financials - 18.8% |  |  |
| Banks - 6.0% |  |  |
| East West Bancorp Inc  | 95456 | 10161291 |
| First Citizens BancShares Inc/NC Class A  | 4325 | 7738117 |
| Wells Fargo & Co  | 201062 | 16853017 |
|  |  | 34752425 |
| Capital Markets - 2.7% |  |  |
| Ameriprise Financial Inc  | 9810 | 4819163 |
| LPL Financial Holdings Inc  | 17548 | 5838044 |
| Raymond James Financial Inc  | 31290 | 5400654 |
|  |  | 16057861 |
| Consumer Finance - 1.7% |  |  |
| OneMain Holdings Inc  | 109240 | 6167690 |
| SLM Corp  | 140800 | 3897344 |
|  |  | 10065034 |
| Financial Services - 5.1% |  |  |
| Apollo Global Management Inc  | 59746 | 7962349 |
| Global Payments Inc  | 48973 | 4068677 |
| Mr Cooper Group Inc  | 18200 | 3836378 |
| NCR Atleos Corp (c) | 114994 | 4520414 |
| PennyMac Financial Services Inc  | 36200 | 4484456 |
| WEX Inc (c) | 28600 | 4505358 |
|  |  | 29377632 |
| Insurance - 3.3% |  |  |
| First American Financial Corp  | 22178 | 1424714 |
| Reinsurance Group of America Inc  | 38735 | 7442156 |
| Travelers Companies Inc/The  | 37271 | 10406809 |
|  |  | 19273679 |
| TOTAL FINANCIALS |  | 109526631 |
| Health Care - 12.0% |  |  |
| Biotechnology - 1.3% |  |  |
| Gilead Sciences Inc  | 67734 | 7518474 |
| Health Care Equipment & Supplies - 1.8% |  |  |
| Baxter International Inc  | 120700 | 2748339 |
| Lantheus Holdings Inc (c) | 62100 | 3185109 |
| QuidelOrtho Corp (a)(c) | 149400 | 4399830 |
|  |  | 10333278 |
| Health Care Providers & Services - 5.1% |  |  |
| Acadia Healthcare Co Inc (a)(c) | 188522 | 4667805 |
| CVS Health Corp  | 152952 | 11531052 |
| Humana Inc  | 25900 | 6738403 |
| Molina Healthcare Inc (c) | 36904 | 7061949 |
|  |  | 29999209 |
| Life Sciences Tools & Services - 1.0% |  |  |
| ICON PLC (c) | 32200 | 5635000 |
| Pharmaceuticals - 2.8% |  |  |
| GSK PLC ADR  | 252292 | 10888923 |
| Merck & Co Inc  | 68589 | 5756674 |
|  |  | 16645597 |
| TOTAL HEALTH CARE |  | 70131558 |
| Industrials - 14.1% |  |  |
| Air Freight & Logistics - 1.8% |  |  |
| FedEx Corp  | 19869 | 4685309 |
| GXO Logistics Inc (c) | 108400 | 5733276 |
|  |  | 10418585 |
| Building Products - 1.1% |  |  |
| Builders FirstSource Inc (c) | 30471 | 3694609 |
| UFP Industries Inc  | 30000 | 2804700 |
|  |  | 6499309 |
| Commercial Services & Supplies - 1.3% |  |  |
| Brink's Co/The  | 43718 | 5108885 |
| Driven Brands Holdings Inc (a)(c) | 147500 | 2376225 |
|  |  | 7485110 |
| Electrical Equipment - 0.9% |  |  |
| Regal Rexnord Corp  | 34994 | 5019538 |
| Ground Transportation - 2.4% |  |  |
| Ryder System Inc  | 17700 | 3338928 |
| Saia Inc (a)(c) | 13100 | 3921617 |
| U-Haul Holding Co Class N  | 74426 | 3788283 |
| XPO Inc (c) | 24919 | 3221279 |
|  |  | 14270107 |
| Machinery - 3.0% |  |  |
| Allison Transmission Holdings Inc  | 59454 | 5046456 |
| CNH Industrial NV Class A  | 219000 | 2376150 |
| Gates Industrial Corp PLC (c) | 171300 | 4251666 |
| Oshkosh Corp  | 44000 | 5706800 |
|  |  | 17381072 |
| Professional Services - 2.3% |  |  |
| Amentum Holdings Inc (a)(c) | 165700 | 3968515 |
| Concentrix Corp (a) | 58028 | 2677992 |
| First Advantage Corp (a)(c) | 191500 | 2947185 |
| KBR Inc  | 81500 | 3854135 |
|  |  | 13447827 |
| Trading Companies & Distributors - 1.3% |  |  |
| Herc Holdings Inc (a) | 30100 | 3511466 |
| Wesco International Inc  | 19423 | 4107965 |
|  |  | 7619431 |
| TOTAL INDUSTRIALS |  | 82140979 |
| Information Technology - 7.3% |  |  |
| Electronic Equipment, Instruments & Components - 2.4% |  |  |
| Arrow Electronics Inc (c) | 61793 | 7476953 |
| Avnet Inc  | 127200 | 6650016 |
|  |  | 14126969 |
| Semiconductors & Semiconductor Equipment - 2.5% |  |  |
| First Solar Inc (c) | 33400 | 7365702 |
| ON Semiconductor Corp (c) | 141700 | 6987227 |
|  |  | 14352929 |
| Software - 0.6% |  |  |
| NCR Voyix Corp (a)(c) | 321897 | 4039807 |
| Technology Hardware, Storage & Peripherals - 1.8% |  |  |
| Western Digital Corp  | 85500 | 10265130 |
| TOTAL INFORMATION TECHNOLOGY |  | 42784835 |
| Materials - 3.2% |  |  |
| Chemicals - 0.7% |  |  |
| Mosaic Co/The  | 112500 | 3901500 |
| Construction Materials - 0.3% |  |  |
| James Hardie Industries PLC (c) | 116655 | 2240943 |
| Containers & Packaging - 1.1% |  |  |
| Smurfit WestRock PLC  | 144895 | 6168180 |
| Metals & Mining - 1.1% |  |  |
| Constellium SE (c) | 211900 | 3153072 |
| Reliance Inc  | 12000 | 3369960 |
|  |  | 6523032 |
| TOTAL MATERIALS |  | 18833655 |
| Real Estate - 5.0% |  |  |
| Health Care REITs - 2.6% |  |  |
| Ventas Inc  | 100817 | 7056182 |
| Welltower Inc  | 45300 | 8069742 |
|  |  | 15125924 |
| Industrial REITs - 1.6% |  |  |
| EastGroup Properties Inc  | 27200 | 4603872 |
| Prologis Inc  | 42707 | 4890806 |
|  |  | 9494678 |
| Residential REITs - 0.8% |  |  |
| Sun Communities Inc  | 37360 | 4819439 |
| TOTAL REAL ESTATE |  | 29440041 |
| Utilities - 5.3% |  |  |
| Electric Utilities - 3.4% |  |  |
| Constellation Energy Corp  | 18696 | 6152293 |
| Evergy Inc  | 54200 | 4120284 |
| Eversource Energy  | 68900 | 4901546 |
| PG&E Corp  | 308164 | 4647113 |
|  |  | 19821236 |
| Independent Power and Renewable Electricity Producers - 0.8% |  |  |
| AES Corp/The  | 368356 | 4847565 |
| Multi-Utilities - 1.1% |  |  |
| Sempra  | 69115 | 6218968 |
| TOTAL UTILITIES |  | 30887769 |
| TOTAL UNITED STATES |  | 528551881 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $465,693,132) |  | <br> **578544709** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 4.3%** | &nbsp;&nbsp;**Money Market Funds - 4.3%** | &nbsp;&nbsp;**Money Market Funds - 4.3%** | &nbsp;&nbsp;**Money Market Funds - 4.3%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (f) | 4.21 | 2726257 | 2726803 |
| Fidelity Securities Lending Cash Central Fund (f)(g) | 4.19 | 22493776 | 22496026 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $25,222,828) |  |  | **25222829** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 103.3%**<br> (Cost $490,915,960)<br>| <br>**603767538** |
| **NET OTHER ASSETS (LIABILITIES) - (3.3)%**  | **(19209789)** |
| **NET ASSETS - 100.0%** | **584557749** |

---

**Legend**

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

(b) Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(c) Non-income producing.

(d) Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $2,268,750 or 0.4% of net assets.

(e) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $2,268,750 or 0.4% of net assets.

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

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

At period end, the value of non-cash collateral for securities on loan amounted to $10,695,599.

**Affiliated Central Funds**

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

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 5521796 | 73888148 | 76683176 | 118846 | 35 | - | 2726803 | 2726257 | 0.0% |
| Fidelity Securities Lending Cash Central Fund | 9677157 | 211657522 | 198838653 | 12485 | - | - | 22496026 | 22493776 | 0.1% |
| Total | 15198953 | 285545670 | 275521829 | 131331 | 35 | - | 25222829 |  |  |

---

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

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

**Investment Valuation**

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

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

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

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

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

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

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

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

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

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

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Variable Insurance Products Fund

- **b. Investment Company Act file number:** 811-03329

- **c. CIK number of Registrant:** 0000356494

- **d. LEI of Registrant:** 549300DXU3EB0NDEJ256

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

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

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

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

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

- **a. Name of Series:** VIP Value Portfolio

- **b. EDGAR series identifier (if any):** S000007721

- **c. LEI of Series:** LJGXQM657BD24SYDSL23

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $606540750.53

**Total Liabilities:** $24712249.46

**Net Assets:** $581828501.07

**Delayed Delivery Securities:** $25173.04

**Cash Not Reported:** $17738.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020995 | 0.97%                | 4.70%                | -0.51%               |
| Class ID C000020994 | 0.97%                | 4.66%                | -0.46%               |
| Class ID C000020996 | 0.94%                | 4.67%                | -0.52%               |
| Class ID C000020993 | 0.97%                | 4.70%                | -0.46%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-317695.00              | $5826962.10                                |
| Month 2  | $211798.04               | $24910581.69                               |
| Month 3  | $4674904.56              | $-8000820.57                               |

### Schedule of Portfolio Investments

| Name                             | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SOMNIGROUP INTERNATIONAL INC     | SOMNIGROUP INTERNATIONAL INC                  | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |     68193 | NS      | $5750715.69   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| GILDAN ACTIVEWEAR INC            | GILDAN ACTIVEWEAR INC                         | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |    110682 | NS      | $6394217.72   | 1.10%             |  |  |  | No            |                  1 | On Loan: —       |
| AES CORP                         | AES CORP                                      | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |    368356 | NS      | $4847564.96   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN HLDGS INC                | ONEMAIN HOLDINGS INC                          | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |    109240 | NS      | $6167690.40   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                      | PHILLIPS 66                                   | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     34600 | NS      | $4706292.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ARROW ELECTRONICS INC            | ARROW ELECTRONICS INC                         | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |     61793 | NS      | $7476953.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BRP INC                          | BRP INC                                       | CUSIP: 05577W200<br>LEI: 529900EPQGESIRCPY551 | Long             | EC               | CORP              | CA        |     53500 | NS      | $3252978.37   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS INC         | CONSTELLATION BRANDS INC CL A                 | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     31400 | NS      | $4228638.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| OSHKOSH CORP                     | OSHKOSH CORP                                  | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     44000 | NS      | $5706800.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                    | WELLTOWER INC                                 | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     45300 | NS      | $8069742.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST CITIZENS BANCSHARES INC/NC | FIRST CITIZENS BANCSHARES INC CL A            | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |      4325 | NS      | $7738117.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERSOURCE ENERGY                | EVERSOURCE ENERGY                             | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     68900 | NS      | $4901546.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| INGREDION INC                    | INGREDION INC                                 | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     30900 | NS      | $3773199.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| JAMES HARDIE INDUSTRIES PLC      | JAMES HARDIE IND PLC                          | CUSIP: N/A<br>LEI: 635400NSGXKTVOO7JU45       | Long             | EC               | CORP              | IE        |    116655 | NS      | $2240942.55   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC              | SUN COMMUNITIES INC - REIT                    | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |     37360 | NS      | $4819440.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ON SEMICONDUCTOR CORP            | ON SEMICONDUCTOR CORP                         | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |    141700 | NS      | $6987227.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLIUM SE                   | CONSTELLIUM SE                                | CUSIP: N/A<br>LEI: 724500KRJEMC79KAAU28       | Long             | EC               | CORP              | FR        |    211900 | NS      | $3153072.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC               | META PLATFORMS INC CL A                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      8641 | NS      | $6345777.58   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC    | APOLLO GLOBAL MANAGEMENT INC                  | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     59746 | NS      | $7962349.42   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                       | VENTAS INC REIT                               | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |    100817 | NS      | $7056181.83   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SAIA INC                         | SAIA INC                                      | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |     13100 | NS      | $3921616.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| DARLING INGREDIENTS INC          | DARLING INGREDIENTS INC                       | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |    150838 | NS      | $4656369.06   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGNET JEWELERS LTD              | SIGNET JEWELERS LTD                           | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | BM        |     70000 | NS      | $6714400.00   | 1.15%             |  |  |  | No            |                  1 | On Loan: —       |
| BRINKS CO                        | BRINKS CO                                     | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |     43718 | NS      | $5108885.48   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| REGAL REXNORD CORP               | REGAL REXNORD CORP                            | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     34994 | NS      | $5019539.36   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY USA INC                   | MURPHY USA INC                                | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |     11800 | NS      | $4581468.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK and CO INC                 | MERCK and CO INC NEW                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     68589 | NS      | $5756674.77   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| RELIANCE INC                     | RELIANCE INC                                  | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     12000 | NS      | $3369960.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX INC                          | WEX INC                                       | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |     28600 | NS      | $4505358.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA                           | SEMPRA                                        | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     69115 | NS      | $6218967.70   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP             | WESTERN DIGITAL CORP                          | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |     85500 | NS      | $10265130.00  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| MR COOPER GROUP INC              | MR COOPER GROUP INC                           | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |     18200 | NS      | $3836378.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYMOND JAMES FINANCIAL INC.     | RAYMOND JAMES FINANCIAL INC.                  | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     31290 | NS      | $5400654.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| GATES INDUSTRIAL CORP PLC        | GATES INDUSTRIAL CORP PLC                     | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | GB        |    171300 | NS      | $4251666.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| HASBRO INC                       | HASBRO INC                                    | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |     70100 | NS      | $5317085.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| BAXTER INTERNATIONAL INC.        | BAXTER INTL INC                               | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |    120700 | NS      | $2748339.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON GRAND VACATIONS INC       | HILTON GRAND VACATIONS INC                    | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |    100662 | NS      | $4208678.22   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| BUNGE GLOBAL SA                  | BUNGE GLOBAL SA                               | CUSIP: N/A<br>LEI: 254900IVXSV9K0B7PO26       | Long             | EC               | CORP              | CH        |     58406 | NS      | $4745487.50   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP INDUSTRIES INC               | UFP INDUSTRIES INC                            | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     30000 | NS      | $2804700.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| POPULAR INC                      | POPULAR INC                                   | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     50700 | NS      | $6439407.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| U-HAUL HOLDING CO                | U-HAUL HOLDING CO                             | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |     74426 | NS      | $3788283.40   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| REINSURANCE GROUP OF AMERICA INC | REINSURANCE GROUP OF AMERICA                  | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |     38735 | NS      | $7442155.55   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PG and E CORP                    | PG and E CORP                                 | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    308164 | NS      | $4647113.12   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR VOYIX CORP                   | NCR VOYIX CORP                                | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |    321897 | NS      | $4039807.35   | 0.69%             |  |  |  | No            |                  1 | On Loan: —       |
| METHANEX CORP                    | METHANEX CORP                                 | CUSIP: 59151K108<br>LEI: 549300TSJHRXT9QXRD13 | Long             | EC               | CORP              | CA        |    112729 | NS      | $4482105.04   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM CORP                         | SLM CORP                                      | CUSIP: 78442P106<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | EC               | CORP              | US        |    140800 | NS      | $3897344.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR INC                          | KBR INC                                       | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     81500 | NS      | $3854135.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| LANTHEUS HOLDINGS INC            | LANTHEUS HLDGS INC                            | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     62100 | NS      | $3185109.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC             | KEURIG DR PEPPER INC                          | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    184054 | NS      | $4695217.54   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST ADVANTAGE CORP             | FIRST ADVANTAGE CORP                          | CUSIP: 31846B108<br>LEI: 549300RNJ0PXU8FP7D06 | Long             | EC               | CORP              | US        |    191500 | NS      | $2947185.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| NEXSTAR MEDIA GROUP INC          | NEXSTAR MEDIA GROUP INC                       | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     22900 | NS      | $4528246.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: —       |
| ASTRAZENECA PLC                  | ASTRAZENECA PLC SPONS ADR                     | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     87134 | NS      | $6684920.48   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| PULTE GROUP INC                  | PULTEGROUP INC                                | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36200 | NS      | $4783106.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| RYDER SYSTEM INC                 | RYDER SYSTEM INC                              | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |     17700 | NS      | $3338928.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH INDUSTRIAL NV                | CNH INDUSTRIAL NV                             | CUSIP: N/A<br>LEI: 549300WGC2HZ5J67V817       | Long             | EC               | CORP              | NL        |    219000 | NS      | $2376150.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL PLC                   | PRUDENTIAL PLC                                | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |    324600 | NS      | $4544309.61   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC             | AMENTUM HOLDINGS INC                          | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |    165700 | NS      | $3968515.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: —       |
| CELLNEX TELECOM SAU              | CELLNEX TELECOM SAU                           | CUSIP: N/A<br>LEI: 5493008T4YG3AQUI7P67       | Long             | EC               | CORP              | ES        |     65500 | NS      | $2268750.66   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| ZOOMINFO TECHNOLOGIES INC        | ZOOMINFO TECHNOLOGIES INC                     | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |    300300 | NS      | $3276273.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO INTERNATIONAL INC          | WESCO INTERNATIONAL INC                       | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     19423 | NS      | $4107964.50   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP INC      | PENSKE AUTOMOTIVE GROUP INC                   | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |     20600 | NS      | $3582546.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: —       |
| UPBOUND GROUP INC                | UPBOUND GROUP INC                             | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |    150634 | NS      | $3559481.42   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO LOGISTICS INC                | GXO LOGISTICS INC                             | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |    108400 | NS      | $5733276.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL FINANCIAL HOLDINGS INC       | LPL FINL HLDGS INC                            | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |     17548 | NS      | $5838044.12   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| QUIDELORTHO CORP                 | QUIDELORTHO CORP                              | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |    149400 | NS      | $4399830.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: —       |
| UBS GROUP AG                     | UBS GROUP AG                                  | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |     77469 | NS      | $3163767.59   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL PLC                   | PRUDENTIAL PLC EEE DRP RT                     | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |    324600 | NS      | $25173.04     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC  | PENNYMAC FINANCIAL SERVICES INC               | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |     36200 | NS      | $4484456.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust     | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   2726257 | NS      | $2726802.75   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BATH and BODY WORKS INC          | BATH and BODY WORKS INC                       | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |    182000 | NS      | $4688320.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                         | ICON PLC                                      | CUSIP: N/A<br>LEI: 6354008SRQGEMC4XFI67       | Long             | EC               | CORP              | IE        |     32200 | NS      | $5635000.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLINA HEALTHCARE INC            | MOLINA HEALTHCARE INC                         | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |     36904 | NS      | $7061949.44   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                 | EXXON MOBIL CORP                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    129908 | NS      | $14647127.00  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TOPBUILD CORP                    | TOPBUILD CORP                                 | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |     13100 | NS      | $5120266.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL OIL LTD                 | IMPERIAL OIL LTD                              | CUSIP: 453038408<br>LEI: 549300MO45LTBPAU4Z27 | Long             | EC               | CORP              | CA        |     83391 | NS      | $7561335.27   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCENTRIX CORP                  | CONCENTRIX CORP                               | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     58028 | NS      | $2677992.20   | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| DOLLAR TREE INC                  | DOLLAR TREE INC                               | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     39300 | NS      | $3708741.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| AVNET INC                        | AVNET INC                                     | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |    127200 | NS      | $6650016.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LITHIA MOTORS INC                | LITHIA MOTORS INC CL A                        | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |     14528 | NS      | $4590848.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORP        | CONSTELLATION ENERGY CORP                     | CUSIP: 21037T109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18696 | NS      | $6152292.72   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| GALP ENERGIA SGPS SA             | GALP ENERGIA SGPS SA                          | CUSIP: N/A<br>LEI: 2138003319Y7NM75FG53       | Long             | EC               | CORP              | PT        |    199000 | NS      | $3761538.80   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SMURFIT WESTROCK PLC             | SMURFIT WESTROCK PLC                          | CUSIP: N/A<br>LEI: 635400EGSEOPDW2EXS14       | Long             | EC               | CORP              | IE        |    144895 | NS      | $6168180.15   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CORE NATURAL RESOURCES INC       | CORE NATURAL RESOURCES INC                    | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |     62445 | NS      | $5212908.60   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA HEALTHCARE CO INC         | ACADIA HEALTHCARE CO INC                      | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |    188522 | NS      | $4667804.72   | 0.80%             |  |  |  | No            |                  1 | On Loan: —       |
| FIRST AMERN FINL CORP            | FIRST AMERICAN FINANCIAL CORP                 | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     22178 | NS      | $1424714.72   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC         | BUILDERS FIRSTSOURCE                          | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     30471 | NS      | $3694608.75   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                          | GSK PLC SPONS ADR                             | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |    252292 | NS      | $10888922.72  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| HERC HOLDINGS INC                | HERC HOLDINGS INC                             | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |     30100 | NS      | $3511466.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: —       |
| TRAVELERS COS INC                | TRAVELERS COMPANIES INC                       | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     37271 | NS      | $10406808.62  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERGY INC                       | EVERGY INC                                    | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     54200 | NS      | $4120284.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HLDGS INC   | ALLISON TRANSMISSION HLDGS INC                | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     59454 | NS      | $5046455.52   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL PAYMENTS INC              | GLOBAL PAYMENTS INC                           | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     48973 | NS      | $4068676.84   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORP                       | FEDEX CORP                                    | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     19869 | NS      | $4685308.89   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LTD   | CANADIAN NATL RESOURCES LTD                   | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    145966 | NS      | $4667304.02   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                  | CVS HEALTH CORP                               | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    152952 | NS      | $11531051.28  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGA RES CORP                   | TARGA RESOURCES CORP                          | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     23263 | NS      | $3897483.02   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust     | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  24321414 | NS      | $24323846.01  | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO and CO               | WELLS FARGO and CO                            | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    201062 | NS      | $16853016.84  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO INC                          | XPO INC                                       | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |     24919 | NS      | $3221279.13   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST SOLAR INC                  | FIRST SOLAR INC                               | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |     33400 | NS      | $7365702.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| EASTGROUP PROPERTIES INC         | EASTGROUP PPTYS INC                           | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     27200 | NS      | $4603872.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANA INC                       | HUMANA INC                                    | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     25900 | NS      | $6738403.00   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC              | GILEAD SCIENCES INC                           | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     67734 | NS      | $7518474.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MOSAIC CO                        | MOSAIC CO NEW                                 | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |    112500 | NS      | $3901500.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| EAST WEST BANCORP INC            | EAST WEST BANCORP INC                         | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |     95456 | NS      | $10161291.20  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMO BRANDS CORP                | PRIMO BRANDS CORP A                           | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |    203900 | NS      | $4506190.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR ATLEOS CORP                  | NCR ATLEOS CORP                               | CUSIP: 63001N106<br>LEI: 9845005FC3S0VA714741 | Long             | EC               | CORP              | US        |    114994 | NS      | $4520414.14   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIPRISE FINL INC              | AMERIPRISE FINANCIAL INC                      | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      9810 | NS      | $4819162.50   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                     | PROLOGIS INC REIT                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     42707 | NS      | $4890805.64   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                     | ALPHABET INC CL A                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     64700 | NS      | $15728570.00  | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| DRIVEN BRANDS HOLDINGS INC       | DRIVEN BRANDS HOLDINGS INC                    | CUSIP: 26210V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    147500 | NS      | $2376225.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2025-10-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer