# EDGAR Filing Document

**Accession Number:** 0000916620
**File Stem:** 0002066578-26-001923
**Filing Date:** 2026-5
**Character Count:** 146171
**Document Hash:** a8b7df0636c187780d79c4beed6d680a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-26-001923.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0002066578-26-001923

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN FUNDS
- **CENTRAL INDEX KEY:** 0000916620

**ORGANIZATION NAME:**
- **EIN:** 391777365
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08236
- **FILM NUMBER:** 261034971

**BUSINESS ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** 800-595-9111

**MAIL ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

## Series and Classes Contracts Data

### SMALL CAP VALUE FUND (Series ID: S000001246)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000003392 | SMALL CAP VALUE FUND | NOSGX           |

## 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 Funds

- **b. Investment Company Act file number:** 811-08236

- **c. CIK number of Registrant:** 0000916620

- **d. LEI of Registrant:** 5493004ZY1PEJR3C0A81

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

  - **Street Address 1:** 50 South LaSalle Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60603

  - **Telephone number:** 800-595-9111

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

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

- **b. EDGAR series identifier (if any):** S000001246

- **c. LEI of Series:** 549300EYSNZ8FAC8IJ39

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

- **a. Date of fiscal year-end:** 2026-03-31

- **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:** $616851977.84

**Total Liabilities:** $334400.21

**Net Assets:** $616517577.63

**Cash Not Reported:** $144151.57

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003392 | 6.47%                | 2.06%                | -3.75%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4323031.19              | $34757983.07                               |
| Month 2  | $2655962.31              | $10443508.93                               |
| Month 3  | $3738965.41              | $-28163706.69                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MISTRAS GRP. INC                              | MISTRAS GRP. INC                              | CUSIP: 60649T107<br>LEI: 5493000CMNXVLND3FU73 | Long             | EC               | CORP              | US        |     52305 | NS      | $773067.90    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TERRENO REALTY CORP                           | TERRENO REALTY CORP                           | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59748 | NS      | $3669722.16   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED COMMUNITY BANKS IN                     | UNITED COMMUNITY BANKS IN                     | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |     18969 | NS      | $597333.81    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIPADVISOR INC                               | TRIPADVISOR INC                               | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |     41268 | NS      | $439916.88    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| PROTO LABS INC                                | PROTO LABS INC                                | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |     14072 | NS      | $802385.44    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SUPERNUS PHARMS. INC                          | SUPERNUS PHARMS. INC                          | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |     45025 | NS      | $2327342.25   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| FARMERS NATL. BANC CORP                       | FARMERS NATL. BANC CORP                       | CUSIP: 309627107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42804 | NS      | $563300.64    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| 1ST SOURCE CORP                               | 1ST SOURCE CORP                               | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9378 | NS      | $649051.38    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| KORN FERRY                                    | KORN FERRY                                    | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     41794 | NS      | $2630932.30   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| REX AMERICAN RES. CORP                        | REX AMERICAN RES. CORP                        | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37333 | NS      | $1701264.81   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST MERCHANTS CORP                          | FIRST MERCHANTS CORP                          | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |     29975 | NS      | $1160931.75   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CATHAY GEN. BANCORP                           | CATHAY GEN. BANCORP                           | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |     89522 | NS      | $4463566.92   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| BENCHMARK ELECTNCS. INC                       | BENCHMARK ELECTNCS. INC                       | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |      4834 | NS      | $270994.04    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                        | GROUP 1 AUTOMOTIVE INC                        | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      1405 | NS      | $464535.15    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SONIC AUTOMOTIVE INC                          | SONIC AUTOMOTIVE INC                          | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |     53873 | NS      | $3694071.61   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB FINL. CORP                                | UMB FINL. CORP                                | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     21907 | NS      | $2470890.53   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL HEALTHCARE CORP                      | NATIONAL HEALTHCARE CORP                      | CUSIP: 635906100<br>LEI: 254900PTS11LS1JS2752 | Long             | EC               | CORP              | US        |      5606 | NS      | $895278.20    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB FINL. CORP                                | CVB FINL. CORP                                | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     94945 | NS      | $1840983.55   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CONMED CORP                                   | CONMED CORP                                   | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |     14544 | NS      | $514275.84    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GETTY REALTY CORP                             | GETTY REALTY CORP                             | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     44992 | NS      | $1430745.60   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HANCOCK WHITNEY CORP                          | HANCOCK WHITNEY CORP                          | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |     63623 | NS      | $4045786.57   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ENNIS INC                                     | ENNIS INC                                     | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37292 | NS      | $798794.64    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ENPRO INC                                     | ENPRO INC                                     | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |      4720 | NS      | $1183068.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN WOODMARK CORP                        | AMERICAN WOODMARK CORP                        | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |      3251 | NS      | $129487.33    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SENECA FOODS CORP                             | SENECA FOODS CORP                             | CUSIP: 817070501<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5886 | NS      | $889492.32    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWEST INC                                   | SKYWEST INC                                   | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |     14645 | NS      | $1344850.35   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWEST GAS HLDGS. INC                      | SOUTHWEST GAS HLDGS. INC                      | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |     15405 | NS      | $1338694.50   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDARD MOTOR PRODS. INC                     | STANDARD MOTOR PRODS. INC                     | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |     62538 | NS      | $2172570.12   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDEX INTL. CORP                            | STANDEX INTL. CORP                            | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |     18113 | NS      | $4616279.18   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAY MEDIA INC                                | GRAY MEDIA INC                                | CUSIP: 389375106<br>LEI: 529900TM5726KDN7UU35 | Long             | EC               | CORP              | US        |    215323 | NS      | $934501.82    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| STEPAN CO                                     | STEPAN CO                                     | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |      9956 | NS      | $497600.88    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TANGER INC                                    | TANGER INC                                    | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     36595 | NS      | $1243498.10   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TEREX CORP                                    | TEREX CORP                                    | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |     25691 | NS      | $1518338.10   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST FINANCIAL CORP                          | FIRST FINANCIAL CORP                          | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15977 | NS      | $1009746.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| WINNEBAGO INDS. INC                           | WINNEBAGO INDS. INC                           | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |     15227 | NS      | $471884.73    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ S RESTAURANTS INC                          | BJ S RESTAURANTS INC                          | CUSIP: 09180C106<br>LEI: 5299000EOW66I1OJNQ23 | Long             | EC               | CORP              | US        |      3150 | NS      | $110565.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNSTONE HOTEL INVSTRS. I                     | SUNSTONE HOTEL INVSTRS. I                     | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |    260061 | NS      | $2343149.61   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTEON CORP                                  | VISTEON CORP                                  | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |      5914 | NS      | $538824.54    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BANCORP/PUERTO RICO                     | FIRST BANCORP/PUERTO RICO                     | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |    306473 | NS      | $6546263.28   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DELUXE CORP                                   | DELUXE CORP                                   | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |     34435 | NS      | $948339.90    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGI INTL. INC                                | DIGI INTL. INC                                | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     62663 | NS      | $3020356.60   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK HILLS CORP                              | BLACK HILLS CORP                              | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     57031 | NS      | $3958521.71   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| HB FULLER CO                                  | HB FULLER CO                                  | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |     18595 | NS      | $1146939.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| GRANITE CONSTRUCTION INC                      | GRANITE CONSTRUCTION INC                      | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |      2841 | NS      | $340579.08    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HARLEY-DAVIDSON INC                           | HARLEY-DAVIDSON INC                           | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |     22731 | NS      | $459620.82    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| HAWAIIAN ELEC. INDS. INC                      | HAWAIIAN ELEC. INDS. INC                      | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |     48075 | NS      | $713433.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HIGHWOODS PROPS. INC                          | HIGHWOODS PROPS. INC                          | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |     14324 | NS      | $306676.84    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INC                     | HUNTINGTON BANCSHARES INC                     | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    334825 | NS      | $5240011.25   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU MEDICAL INC                               | ICU MEDICAL INC                               | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |     11838 | NS      | $1528877.70   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ITRON INC                                     | ITRON INC                                     | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |      7837 | NS      | $702430.31    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYONIER INC                                  | RAYONIER INC                                  | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |     25334 | NS      | $522387.08    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| KB HOME                                       | KB HOME                                       | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     87666 | NS      | $4536715.50   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BANCORP/SOUTHERN PI                     | FIRST BANCORP/SOUTHERN PI                     | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22610 | NS      | $1274073.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MYRIAD GENETICS INC                           | MYRIAD GENETICS INC                           | CUSIP: 62855J104<br>LEI: 52990044IHUOUMETT163 | Long             | EC               | CORP              | US        |    114420 | NS      | $514890.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY RESOURCES CORP                     | NEW JERSEY RESOURCES CORP                     | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |     68780 | NS      | $3777397.60   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NPK INTERNATIONAL INC                         | NPK INTERNATIONAL INC                         | CUSIP: 651718504<br>LEI: 54930073OHWDQW4DJN26 | Long             | EC               | CORP              | US        |    186558 | NS      | $2703225.42   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMUNITY FINANCIAL                           | COMMUNITY FINANCIAL                           | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |     52162 | NS      | $3059301.30   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| WORLD ACCEPTANCE CORP                         | WORLD ACCEPTANCE CORP                         | CUSIP: 981419104<br>LEI: 529900M7JQUDCH7Q9153 | Long             | EC               | CORP              | US        |      9775 | NS      | $1320016.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHRIM BANCORP INC                          | NORTHRIM BANCORP INC                          | CUSIP: 666762109<br>LEI: 5493006X7RLLTZ3SG075 | Long             | EC               | CORP              | US        |     30827 | NS      | $705321.76    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SCANSOURCE INC                                | SCANSOURCE INC                                | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |      3409 | NS      | $123746.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MATIV INC                                     | MATIV INC                                     | CUSIP: 808541106<br>LEI: 549300Z1FU4IDULG1R21 | Long             | EC               | CORP              | US        |     50971 | NS      | $443447.70    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOE CARNIVAL INC                             | SHOE CARNIVAL INC                             | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73915 | NS      | $1152334.85   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT DEFENSE PROPERTIES                       | COPT DEFENSE PROPERTIES                       | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     22077 | NS      | $675556.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| STEWART INFO. SERVS. CORP                     | STEWART INFO. SERVS. CORP                     | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |     17217 | NS      | $1060222.86   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMUNITY TST. BANCORP IN                     | COMMUNITY TST. BANCORP IN                     | CUSIP: 204149108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63067 | NS      | $3829428.24   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| EMERGENT BIOSOLUTIONS INC                     | EMERGENT BIOSOLUTIONS INC                     | CUSIP: 29089Q105<br>LEI: 549300YW6TUOX8BE5103 | Long             | EC               | CORP              | US        |    146094 | NS      | $1212580.20   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HERITAGE FINANCIAL CORP/W                     | HERITAGE FINANCIAL CORP/W                     | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31348 | NS      | $815048.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHSTREAM INC                              | HEALTHSTREAM INC                              | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               | CORP              | US        |      4102 | NS      | $84952.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRAL PACIFIC FINL. COR                     | CENTRAL PACIFIC FINL. COR                     | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |     34519 | NS      | $1103227.24   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCHANTS BANCORP/IN                          | MERCHANTS BANCORP/IN                          | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |     34539 | NS      | $1482068.49   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITI GRP. INC                                | UNITI GRP. INC                                | CUSIP: 912932100<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               | CORP              | US        |    328210 | NS      | $3078609.80   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP INDL. TRUST                               | LXP INDL. TRUST                               | CUSIP: 529043408<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |     24570 | NS      | $1136608.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| INDIVIOR PHARMS. INC                          | INDIVIOR PHARMS. INC                          | CUSIP: 45579U109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16803 | NS      | $512155.44    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NABORS INDS. LTD                              | NABORS INDS. LTD                              | CUSIP: G6359F137<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     10456 | NS      | $899843.36    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GIBRALTAR INDS. INC                           | GIBRALTAR INDS. INC                           | CUSIP: 374689107<br>LEI: 549300AE5O3GN0YBLM57 | Long             | EC               | CORP              | US        |      9775 | NS      | $389729.25    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGNET JEWELERS LTD                           | SIGNET JEWELERS LTD                           | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |     19201 | NS      | $1625172.64   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| KEMPER CORP                                   | KEMPER CORP                                   | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     23058 | NS      | $704652.48    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SANMINA CORP                                  | SANMINA CORP                                  | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     52147 | NS      | $6760337.08   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| POWER SOLS. INTL. INC                         | POWER SOLS. INTL. INC                         | CUSIP: 73933G202<br>LEI: 549300JWGWDXC70SNH31 | Long             | EC               | CORP              | US        |      8608 | NS      | $524055.04    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| DIAMONDROCK HOSPITALITY C                     | DIAMONDROCK HOSPITALITY C                     | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |    239110 | NS      | $2240460.70   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ADAPTHEALTH CORP                              | ADAPTHEALTH CORP                              | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    135045 | NS      | $1607035.50   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SILA REALTY TRUST INC COM                     | SILA REALTY TRUST INC COM                     | CUSIP: 146280508<br>LEI: 549300HXH142HWKKSW59 | Long             | EC               | CORP              | US        |     23323 | NS      | $552288.64    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TEEKAY TANKERS LTD                            | TEEKAY TANKERS LTD                            | CUSIP: G8726X106<br>LEI: 549300DE8ZAIYS2T6Q22 | Long             | EC               | CORP              | BM        |     43481 | NS      | $3188026.92   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| PERIMETER SOLS. INC                           | PERIMETER SOLS. INC                           | CUSIP: 71385M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98140 | NS      | $2396578.80   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP INDS INC COM                              | UFP INDS INC COM                              | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     41492 | NS      | $3822243.04   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOMINFO TECHS. INC                           | ZOOMINFO TECHS. INC                           | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |     54617 | NS      | $326609.66    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ANGI INC                                      | ANGI INC                                      | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |    142099 | NS      | $973378.15    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXXEN INTL. LTD                              | NEXXEN INTL. LTD                              | CUSIP: M8T80P204<br>LEI: 213800ZNSR7AIJZ2J557 | Long             | EC               | CORP              | IL        |     62942 | NS      | $410381.84    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| CUSHMAN & WAKEFIELD LTD                       | CUSHMAN & WAKEFIELD LTD                       | CUSIP: G2717C106<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    231401 | NS      | $2836976.26   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIAN GRP. INC                               | RADIAN GRP. INC                               | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |    154522 | NS      | $5111587.76   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| BREAD FINL. HLDGS. INC                        | BREAD FINL. HLDGS. INC                        | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |     11671 | NS      | $874041.19    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS FINL. CORP                               | WSFS FINL. CORP                               | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     10357 | NS      | $677969.22    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ETHAN ALLEN INTERIORS INC                     | ETHAN ALLEN INTERIORS INC                     | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80538 | NS      | $1792775.88   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CERAGON NETWORKS LTD                          | CERAGON NETWORKS LTD                          | CUSIP: M22013102<br>LEI: 529900WC6JZN5WQLZ645 | Long             | EC               | CORP              | IL        |    236671 | NS      | $511209.36    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM TECHS. INC                                | TTM TECHS. INC                                | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |     30196 | NS      | $2941694.32   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| GLACIER BANCORP INC                           | GLACIER BANCORP INC                           | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |     39321 | NS      | $1756469.07   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FLUOR CORP                                    | FLUOR CORP                                    | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     55646 | NS      | $2595885.90   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHCARE SERVS. GRP. IN                     | HEALTHCARE SERVS. GRP. IN                     | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |     10005 | NS      | $185592.75    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BEL FUSE INC                                  | BEL FUSE INC                                  | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |      1424 | NS      | $281923.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| KENNAMETAL INC                                | KENNAMETAL INC                                | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |     26377 | NS      | $953001.01    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LEGGETT & PLATT INC                           | LEGGETT & PLATT INC                           | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |     55122 | NS      | $544605.36    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNICELL INC                                  | OMNICELL INC                                  | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |     12978 | NS      | $433205.64    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MERITAGE HOMES CORP                           | MERITAGE HOMES CORP                           | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     35731 | NS      | $2209605.04   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEARWAY ENERGY INC                           | CLEARWAY ENERGY INC                           | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     18424 | NS      | $723878.96    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMDEN NATL. CORP                             | CAMDEN NATL. CORP                             | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |     14031 | NS      | $665770.95    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I HOMES INC                                 | M/I HOMES INC                                 | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     23906 | NS      | $2927289.70   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST FINL. BANCORP                           | FIRST FINL. BANCORP                           | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |     95936 | NS      | $2674695.68   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| S&T BANCORP INC                               | S&T BANCORP INC                               | CUSIP: 783859101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15039 | NS      | $629081.37    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCURY GEN. CORP                             | MERCURY GEN. CORP                             | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |      9504 | NS      | $837777.60    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NBT BANCORP INC                               | NBT BANCORP INC                               | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     96582 | NS      | $4112461.56   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| MYERS INDS. INC                               | MYERS INDS. INC                               | CUSIP: 628464109<br>LEI: 549300I2H9XMVTCW4Q51 | Long             | EC               | CORP              | US        |     48929 | NS      | $1036316.22   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL HEALTH INVSTRS.                      | NATIONAL HEALTH INVSTRS.                      | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |     49695 | NS      | $4018337.70   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNAPTICS INC                                 | SYNAPTICS INC                                 | CUSIP: 87157D109<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | EC               | CORP              | US        |     35310 | NS      | $2473112.40   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA TECHS. INC                              | TETRA TECHS. INC                              | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |    145843 | NS      | $1242582.36   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MARCUS CORP/THE                               | MARCUS CORP/THE                               | CUSIP: 566330106<br>LEI: 549300NL0OKPNEMP6B79 | Long             | EC               | CORP              | US        |     38624 | NS      | $663174.08    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| USANA HEALTH SCIENCES INC                     | USANA HEALTH SCIENCES INC                     | CUSIP: 90328M107<br>LEI: 549300YTURXE814MAH96 | Long             | EC               | CORP              | US        |     10462 | NS      | $182771.14    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIS LEASE FIN. CORP                        | WILLIS LEASE FIN. CORP                        | CUSIP: 970646105<br>LEI: 54930023EP1OE5MKWF89 | Long             | EC               | CORP              | US        |      3451 | NS      | $587567.26    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINITY INDS. INC                             | TRINITY INDS. INC                             | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |     21144 | NS      | $680413.92    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VEECO INSTRUMENTS INC                         | VEECO INSTRUMENTS INC                         | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |    110951 | NS      | $3756800.86   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTAMERICA BANCORP                           | WESTAMERICA BANCORP                           | CUSIP: 957090103<br>LEI: 984500CF4F8115C11D96 | Long             | EC               | CORP              | US        |     30459 | NS      | $1588436.85   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NI US GOV T PORTFOLIO                         | NI US GOV T PORTFOLIO                         | CUSIP: 665278404<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |  19151221 | NS      | $19151220.65  | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED STATES TSY. 0.00%                      | UNITED STATES TSY. 0.00%                      | CUSIP: 912797SP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1952000 | PA      | $1944889.84   | 0.32%             | 2026-05-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INTERFACE INC                                 | INTERFACE INC                                 | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |     27719 | NS      | $690757.48    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PATHWARD FINL INC COM                         | PATHWARD FINL INC COM                         | CUSIP: 59100U108<br>LEI: 5493004X52BH1NBLW813 | Long             | EC               | CORP              | US        |     15458 | NS      | $1379317.34   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PRESTIGE CONSUMER HEALTHC                     | PRESTIGE CONSUMER HEALTHC                     | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48247 | NS      | $2859599.69   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| RUSH ENTS. INC                                | RUSH ENTS. INC                                | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     49747 | NS      | $3288774.17   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ZUMIEZ INC                                    | ZUMIEZ INC                                    | CUSIP: 989817101<br>LEI: 549300J0PDF58P6HZD25 | Long             | EC               | CORP              | US        |     23116 | NS      | $512250.56    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE LIBERTY PROPS. INC                        | ONE LIBERTY PROPS. INC                        | CUSIP: 682406103<br>LEI: 549300QII1CQZGZBZR14 | Long             | EC               | CORP              | US        |     67059 | NS      | $1439086.14   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SIERRA BANCORP                                | SIERRA BANCORP                                | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52912 | NS      | $1794775.04   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PDL BIOPHARMA INC                             | PDL BIOPHARMA INC                             | CUSIP: 69329Y104<br>LEI: FE4K0NQFI4D86DSOL165 | Long             | EC               | CORP              | US        |   1029654 | NS      | $308896.20    | 0.05%             |  |  |  | No            |                  3 | On Loan: No      |
| INNOSPEC INC                                  | INNOSPEC INC                                  | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |     23995 | NS      | $1752114.90   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE FINL. SERVS. C                     | ENTERPRISE FINL. SERVS. C                     | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |     21371 | NS      | $1156384.81   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| COEUR MINING INC                              | COEUR MINING INC                              | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    240383 | NS      | $4511988.91   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BANNER CORP                                   | BANNER CORP                                   | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28369 | NS      | $1721430.92   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PREFERRED BANK/LOS ANGELE                     | PREFERRED BANK/LOS ANGELE                     | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |     16375 | NS      | $1485048.75   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AH REALTY TRUST INC                           | AH REALTY TRUST INC                           | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               | CORP              | US        |     75583 | NS      | $415706.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| STAGWELL INC                                  | STAGWELL INC                                  | CUSIP: 85256A109<br>LEI: 549300KIYTU6J3NYJ009 | Long             | EC               | CORP              | US        |    111064 | NS      | $698592.56    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GREAT LAKES DREDGE & DOCK                     | GREAT LAKES DREDGE & DOCK                     | CUSIP: 390607109<br>LEI: 549300H65E3MZ1CX0P05 | Long             | EC               | CORP              | US        |     61033 | NS      | $1037561.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| IDT CORP                                      | IDT CORP                                      | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |      4775 | NS      | $234452.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ASSETS TST. INC                      | AMERICAN ASSETS TST. INC                      | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72335 | NS      | $1331687.35   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| INDEPENDENT BANK CORP/MI                      | INDEPENDENT BANK CORP/MI                      | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18281 | NS      | $608757.30    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WHITESTONE REIT                               | WHITESTONE REIT                               | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46718 | NS      | $754495.70    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN PUBLIC EDUCATION                     | AMERICAN PUBLIC EDUCATION                     | CUSIP: 02913V103<br>LEI: 254900GZNX6TJQGM4S17 | Long             | EC               | CORP              | US        |     23288 | NS      | $1324621.44   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ECHOSTAR CORP                                 | ECHOSTAR CORP                                 | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |     20354 | NS      | $2382842.78   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVERAMP HLDGS. INC                           | LIVERAMP HLDGS. INC                           | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     21040 | NS      | $557980.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVEX INTL. INC                             | INNOVEX INTL. INC                             | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |     32631 | NS      | $795870.09    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HACKETT GRP. INC/THE                          | HACKETT GRP. INC/THE                          | CUSIP: 404609109<br>LEI: 5K016KLIRB6156644289 | Long             | EC               | CORP              | US        |      3744 | NS      | $48709.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| HANMI FINL. CORP                              | HANMI FINL. CORP                              | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |     24918 | NS      | $656838.48    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SCORPIO TANKERS INC                           | SCORPIO TANKERS INC                           | CUSIP: Y7542C130<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               | CORP              | MH        |     39303 | NS      | $2934361.98   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| HELIOS TECHS. INC                             | HELIOS TECHS. INC                             | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |     18876 | NS      | $1221465.96   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR PROPERTIES                                | EPR PROPERTIES                                | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |     10712 | NS      | $535171.52    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMORIS SERVS. CORP                          | PRIMORIS SERVS. CORP                          | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |      9467 | NS      | $1354159.68   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SABRA HEALTH CARE REIT IN                     | SABRA HEALTH CARE REIT IN                     | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |    115755 | NS      | $2225968.65   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CASTLE BIOSCIENCES INC                        | CASTLE BIOSCIENCES INC                        | CUSIP: 14843C105<br>LEI: 2549007M2Q4HLR1XD252 | Long             | EC               | CORP              | US        |      7550 | NS      | $185352.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SFL CORP LTD                                  | SFL CORP LTD                                  | CUSIP: G7738W106<br>LEI: 549300RLYYPSB0C7RH77 | Long             | EC               | CORP              | BM        |     61950 | NS      | $668440.50    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LIGAND PHARMS. INC                            | LIGAND PHARMS. INC                            | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |     12899 | NS      | $2575285.35   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNCOKE ENERGY INC                            | SUNCOKE ENERGY INC                            | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |     66991 | NS      | $436111.41    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PACIRA BIOSCIENCES INC                        | PACIRA BIOSCIENCES INC                        | CUSIP: 695127100<br>LEI: 549300P56LERYBDHCF69 | Long             | EC               | CORP              | US        |     42768 | NS      | $966556.80    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BOISE CASCADE CO                              | BOISE CASCADE CO                              | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     11989 | NS      | $909365.65    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE HOSPITALITY REIT IN                     | APPLE HOSPITALITY REIT IN                     | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |    105614 | NS      | $1215617.14   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| TELADOC HEALTH INC                            | TELADOC HEALTH INC                            | CUSIP: 87918A105<br>LEI: 549300I2PVFBC9MFAC61 | Long             | EC               | CORP              | US        |    128299 | NS      | $699229.55    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| RED ROCK RESORTS INC                          | RED ROCK RESORTS INC                          | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18285 | NS      | $975687.60    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST HAWAIIAN INC                            | FIRST HAWAIIAN INC                            | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |      8275 | NS      | $203896.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDRIDGE ENERGY INC COM                      | SANDRIDGE ENERGY INC COM                      | CUSIP: 80007P869<br>LEI: W1MKPVGS6I5155L7VV67 | Long             | EC               | CORP              | US        |     49485 | NS      | $807100.35    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TABOOLA.COM LTD                               | TABOOLA.COM LTD                               | CUSIP: M8744T106<br>LEI: 984500F5945AFAFFCB30 | Long             | EC               | CORP              | IL        |    152058 | NS      | $471379.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| RESERVOIR MEDIA INC                           | RESERVOIR MEDIA INC                           | CUSIP: 76119X105<br>LEI: 549300PHPDQ9M9QSNU18 | Long             | EC               | CORP              | US        |      8794 | NS      | $86093.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VICTORIA S SECRET & CO                        | VICTORIA S SECRET & CO                        | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |     35176 | NS      | $1630759.36   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST MID BANCSHARES INC                      | FIRST MID BANCSHARES INC                      | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16199 | NS      | $667236.81    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLIUM SE                                | CONSTELLIUM SE                                | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |     39156 | NS      | $962454.48    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HECLA MINING CO                               | HECLA MINING CO                               | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |    414299 | NS      | $7718390.37   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LCI INDUSTRIES                                | LCI INDUSTRIES                                | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |      6458 | NS      | $794204.84    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COUNTRY AIRLINES HLDG                     | SUN COUNTRY AIRLINES HLDG                     | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |    126933 | NS      | $2096933.16   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| URBAN OUTFITTERS INC                          | URBAN OUTFITTERS INC                          | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |     12573 | NS      | $796499.55    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| WORTHINGTON INDS. INC                         | WORTHINGTON INDS. INC                         | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |     10003 | NS      | $521556.42    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MISTER CAR WASH INC                           | MISTER CAR WASH INC                           | CUSIP: 60646V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70113 | NS      | $488687.61    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERBRAND INC                               | MASTERBRAND INC                               | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |     42525 | NS      | $353382.75    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTPOWER INC                                 | NEXTPOWER INC                                 | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29693 | NS      | $3579491.15   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| XENIA HOTELS & RESORTS IN                     | XENIA HOTELS & RESORTS IN                     | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |     43659 | NS      | $647462.97    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SMARTFINANCIAL INC                            | SMARTFINANCIAL INC                            | CUSIP: 83190L208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18379 | NS      | $718251.32    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEGER HLDGS. CORP                           | INTEGER HLDGS. CORP                           | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |      5765 | NS      | $507320.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BIONTECH SE ADR                               | BIONTECH SE ADR                               | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             | EC               | CORP              | DE        |      9581 | NS      | $851559.28    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS EDISON INC                           | PHILLIPS EDISON INC                           | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |     55725 | NS      | $2085229.50   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITY BANCORP INC                             | UNITY BANCORP INC                             | CUSIP: 913290102<br>LEI: 549300Q90ZRNUR65PL93 | Long             | EC               | CORP              | US        |     13305 | NS      | $689598.15    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERSYS                                       | ENERSYS                                       | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |     38885 | NS      | $6755102.20   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIENT INC                                   | ALLIENT INC                                   | CUSIP: 019330109<br>LEI: 549300I2LHAWYGNBPM97 | Long             | EC               | CORP              | US        |     25603 | NS      | $1512881.27   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIS BANCORP                                | AMERIS BANCORP                                | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     40189 | NS      | $3134340.11   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PAR PACIFIC HLDGS. INC                        | PAR PACIFIC HLDGS. INC                        | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |     17822 | NS      | $1116370.08   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRE INC                                     | SPIRE INC                                     | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     52975 | NS      | $4796356.50   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADSTONE NET LEASE INC                      | BROADSTONE NET LEASE INC                      | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |     89889 | NS      | $1642272.03   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AVEANNA HEALTHCARE HLDGS.                     | AVEANNA HEALTHCARE HLDGS.                     | CUSIP: 05356F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71134 | NS      | $458102.96    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| VALARIS LTD                                   | VALARIS LTD                                   | CUSIP: G9460G101<br>LEI: 5299008BQ9IREYWBTS30 | Long             | EC               | CORP              | BM        |     59859 | NS      | $5868576.36   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| N-ABLE INC                                    | N-ABLE INC                                    | CUSIP: 62878D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    142948 | NS      | $667567.16    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CORECIVIC INC                                 | CORECIVIC INC                                 | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |     25577 | NS      | $483661.07    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOALS TECHS. GRP. INC                        | SHOALS TECHS. GRP. INC                        | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    253327 | NS      | $1666891.66   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| HIGHPEAK ENERGY INC                           | HIGHPEAK ENERGY INC                           | CUSIP: 43114Q105<br>LEI: 549300J4RNCV140DUY76 | Long             | EC               | CORP              | US        |    115294 | NS      | $795528.60    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| ADVANSIX INC                                  | ADVANSIX INC                                  | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |      1848 | NS      | $45091.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JAKKS PACIFIC INC                             | JAKKS PACIFIC INC                             | CUSIP: 47012E403<br>LEI: 549300UEF3348JRXQ295 | Long             | EC               | CORP              | US        |     24487 | NS      | $487781.04    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MISSION PRODUCE INC                           | MISSION PRODUCE INC                           | CUSIP: 60510V108<br>LEI: 54930016JOKVFT59L825 | Long             | EC               | CORP              | US        |      9608 | NS      | $132206.08    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MONTE ROSA THERAPEUTICS I                     | MONTE ROSA THERAPEUTICS I                     | CUSIP: 61225M102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    271646 | NS      | $4468576.70   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ECOVYST INC                                   | ECOVYST INC                                   | CUSIP: 27923Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15855 | NS      | $203895.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GREEN BRICK PARTNERS INC                      | GREEN BRICK PARTNERS INC                      | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |     18222 | NS      | $1174407.90   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AXCELIS TECHS. INC                            | AXCELIS TECHS. INC                            | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |     49543 | NS      | $4611462.44   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| AMALGAMATED FINL. CORP                        | AMALGAMATED FINL. CORP                        | CUSIP: 022671101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22913 | NS      | $890628.31    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVAGE HOLDING CORP COM                     | INNOVAGE HOLDING CORP COM                     | CUSIP: 45784A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95755 | NS      | $767955.10    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HAYWARD HLDGS. INC                            | HAYWARD HLDGS. INC                            | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38405 | NS      | $513858.90    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DOUBLEVERIFY HLDGS. INC                       | DOUBLEVERIFY HLDGS. INC                       | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54677 | NS      | $519431.50    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BOWMAN CONSULTING GRP. LT                     | BOWMAN CONSULTING GRP. LT                     | CUSIP: 103002101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17533 | NS      | $498638.52    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVANOVA PLC                                  | LIVANOVA PLC                                  | CUSIP: G5509L101<br>LEI: 2138001K2FX6SHK2B339 | Long             | EC               | CORP              | GB        |     13956 | NS      | $887043.36    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PORCH GRP. INC                                | PORCH GRP. INC                                | CUSIP: 733245104<br>LEI: 549300NXEI7CVW8IXQ90 | Long             | EC               | CORP              | US        |     91731 | NS      | $657711.27    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SELECT MEDICAL HLDGS. COR                     | SELECT MEDICAL HLDGS. COR                     | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    106494 | NS      | $1734787.26   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DYNEX CAP. INC                                | DYNEX CAP. INC                                | CUSIP: 26817Q886<br>LEI: 5CIJ4S9HAEBWILA19B65 | Long             | EC               | CORP              | US        |    100848 | NS      | $1286820.48   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| USA TODAY CO INC                              | USA TODAY CO INC                              | CUSIP: 36472T109<br>LEI: 549300JQ2PU0RI3ZBA32 | Long             | EC               | CORP              | US        |    145341 | NS      | $1024654.05   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWEST NATURAL HLDG. C                     | NORTHWEST NATURAL HLDG. C                     | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     32280 | NS      | $1717941.60   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ELLINGTON FINL INC COM                        | ELLINGTON FINL INC COM                        | CUSIP: 28852N109<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EC               | CORP              | US        |     91634 | NS      | $1085862.90   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| HBT FINL. INC                                 | HBT FINL. INC                                 | CUSIP: 404111106<br>LEI: 549300NTXD4Q6UK5BY66 | Long             | EC               | CORP              | US        |     24741 | NS      | $661079.52    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PERDOCEO EDUCATION CORP                       | PERDOCEO EDUCATION CORP                       | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |      8901 | NS      | $331206.21    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| METROCITY BANKSHARES INC                      | METROCITY BANKSHARES INC                      | CUSIP: 59165J105<br>LEI: 549300TC6QB7YG0P6F52 | Long             | EC               | CORP              | US        |     20313 | NS      | $582373.71    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HOVNANIAN ENTS. INC                           | HOVNANIAN ENTS. INC                           | CUSIP: 442487401<br>LEI: 549300805N4EF0ROBT53 | Long             | EC               | CORP              | US        |      8145 | NS      | $903361.95    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FASTLY INC                                    | FASTLY INC                                    | CUSIP: 31188V100<br>LEI: 549300E2FZC83FJ3H565 | Long             | EC               | CORP              | US        |     59892 | NS      | $1740461.52   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| BANDWIDTH INC                                 | BANDWIDTH INC                                 | CUSIP: 05988J103<br>LEI: 549300QC70JB7MUGXM66 | Long             | EC               | CORP              | US        |      5670 | NS      | $101039.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK FIRST CORP                               | BANK FIRST CORP                               | CUSIP: 06211J100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5447 | NS      | $735671.82    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMARK GRP. INC                              | NEWMARK GRP. INC                              | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108954 | NS      | $1633220.46   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAIL INC                                     | GRAIL INC                                     | CUSIP: 384747101<br>LEI: 2549009XSNESW3VE8024 | Long             | EC               | CORP              | US        |     43966 | NS      | $2272162.88   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| WAYSTAR HLDG. CORP                            | WAYSTAR HLDG. CORP                            | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19166 | NS      | $462092.26    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCENTRA GRP. HLDGS. PAR                     | CONCENTRA GRP. HLDGS. PAR                     | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28631 | NS      | $614134.95    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVAVAX INC                                   | NOVAVAX INC                                   | CUSIP: 670002401<br>LEI: 529900J4GJHPEPQ23205 | Long             | EC               | CORP              | US        |    115704 | NS      | $941830.56    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| PCB BANCORP                                   | PCB BANCORP                                   | CUSIP: 69320M109<br>LEI: 549300E5CI0LZ8Q25890 | Long             | EC               | CORP              | US        |     29821 | NS      | $670674.29    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| INMODE LTD                                    | INMODE LTD                                    | CUSIP: M5425M103<br>LEI: 984500DD95A35E9BD358 | Long             | EC               | CORP              | IL        |     11465 | NS      | $156841.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK DIAMOND THERAPEUTIC                     | BLACK DIAMOND THERAPEUTIC                     | CUSIP: 09203E105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    270315 | NS      | $575770.95    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMON GRP. HLDGS. INC                       | THERMON GRP. HLDGS. INC                       | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |     20140 | NS      | $1015056.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONAL MGT. CORP                            | REGIONAL MGT. CORP                            | CUSIP: 75902K106<br>LEI: 549300S5O87W87JW4146 | Long             | EC               | CORP              | US        |     18030 | NS      | $581467.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PUMA BIOTECH. INC                             | PUMA BIOTECH. INC                             | CUSIP: 74587V107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    267945 | NS      | $1712168.55   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| LADDER CAP. CORP                              | LADDER CAP. CORP                              | CUSIP: 505743104<br>LEI: 549300Q6LLV2QCV67C06 | Long             | EC               | CORP              | US        |    106039 | NS      | $1036001.03   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| LANDS END INC                                 | LANDS END INC                                 | CUSIP: 51509F105<br>LEI: 54930016WOL7P2P67Q43 | Long             | EC               | CORP              | US        |     21326 | NS      | $239704.24    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| THERAVANCE BIOPHARMA INC                      | THERAVANCE BIOPHARMA INC                      | CUSIP: G8807B106<br>LEI: 5493007VTSXP4Z6MIW52 | Long             | EC               | CORP              | KY        |      9060 | NS      | $147043.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| STAR BULK CARRIERS CORP                       | STAR BULK CARRIERS CORP                       | CUSIP: Y8162K204<br>LEI: 549300SO3FMK7H6DDY54 | Long             | EC               | CORP              | MH        |      6684 | NS      | $153531.48    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| TACTILE SYS. TECH. INC                        | TACTILE SYS. TECH. INC                        | CUSIP: 87357P100<br>LEI: 54930069VDTITHOTKJ98 | Long             | EC               | CORP              | US        |     20216 | NS      | $528244.08    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NT BUTTERFIELD &                      | BANK OF NT BUTTERFIELD &                      | CUSIP: G0772R208<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               | CORP              | BM        |     40549 | NS      | $2128011.52   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CERTARA INC                                   | CERTARA INC                                   | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53480 | NS      | $304836.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RILEY EXPLORATION PERMIAN                     | RILEY EXPLORATION PERMIAN                     | CUSIP: 76665T102<br>LEI: 5493008CUBI02XP43Q95 | Long             | EC               | CORP              | US        |     35329 | NS      | $1287742.05   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPRO GRP. HLDGS. NV                          | EXPRO GRP. HLDGS. NV                          | CUSIP: N3144W105<br>LEI: 724500LJYA8QIT73H017 | Long             | EC               | CORP              | NL        |    180169 | NS      | $3136742.29   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC THERAPEUTICS INC                          | PTC THERAPEUTICS INC                          | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |      7935 | NS      | $540611.55    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAHAM HLDGS. CO                              | GRAHAM HLDGS. CO                              | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |       553 | NS      | $584664.78    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BANK/HAMILTON NJ                        | FIRST BANK/HAMILTON NJ                        | CUSIP: 31931U102<br>LEI: 549300YS4CB1171BRJ08 | Long             | EC               | CORP              | US        |     37656 | NS      | $602496.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATA CRITICAL MEDICAL                       | STRATA CRITICAL MEDICAL                       | CUSIP: 092667104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107997 | NS      | $451427.46    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| BORR DRILLING LTD                             | BORR DRILLING LTD                             | CUSIP: G1466R173<br>LEI: 213800J2JPCTXLHQ5R78 | Long             | EC               | CORP              | BM        |    153731 | NS      | $887027.87    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| USCB FINL. HLDGS. INC                         | USCB FINL. HLDGS. INC                         | CUSIP: 90355N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30805 | NS      | $571124.70    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PHINIA INC                                    | PHINIA INC                                    | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |     13179 | NS      | $901970.76    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| DIEBOLD NIXDORF INC                           | DIEBOLD NIXDORF INC                           | CUSIP: 253651202<br>LEI: 549300XZK6EWDBAZSY16 | Long             | EC               | CORP              | US        |     39677 | NS      | $2993232.88   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC                               | ASTRAZENECA PLC                               | CUSIP: 451CVR021<br>LEI: N/A                  | Long             |  | CORP              | GB        |     28202 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| AMERICAN EAGLE OUTFITTERS                     | AMERICAN EAGLE OUTFITTERS                     | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |     74998 | NS      | $1252466.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTEC INDS. INC                               | ASTEC INDS. INC                               | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |     13764 | NS      | $741053.76    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIS RESIDENTIAL INC                         | VERIS RESIDENTIAL INC                         | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               | CORP              | US        |     41805 | NS      | $788860.35    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMERCIAL METALS CO                          | COMMERCIAL METALS CO                          | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |    129352 | NS      | $7946093.36   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU RES. GRP. INC                             | MDU RES. GRP. INC                             | CUSIP: 552690109<br>LEI: 549300MA0UV6AI6SNV27 | Long             | EC               | CORP              | US        |     31152 | NS      | $645469.44    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| ARTIVION INC                                  | ARTIVION INC                                  | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |     14538 | NS      | $532381.56    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEGRA LIFESCIENCES HLDG                     | INTEGRA LIFESCIENCES HLDG                     | CUSIP: 457985208<br>LEI: WB7IJCYY8YFTENS4O147 | Long             | EC               | CORP              | US        |     72338 | NS      | $681423.96    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| PC CONNECTION INC                             | PC CONNECTION INC                             | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |     72221 | NS      | $4222039.66   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DAUCH CORPORATION                             | DAUCH CORPORATION                             | CUSIP: 024061103<br>LEI: 254900SMQY98VFKNCC32 | Long             | EC               | CORP              | US        |    478679 | NS      | $2838566.47   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMUNITY HEALTH SYS. INC                     | COMMUNITY HEALTH SYS. INC                     | CUSIP: 203668108<br>LEI: 549300BQWM4WENQ3YW73 | Long             | EC               | CORP              | US        |    186842 | NS      | $549315.48    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TRUSTMARK CORP                                | TRUSTMARK CORP                                | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |     29617 | NS      | $1248060.38   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX CORP                                     | GATX CORP                                     | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |     32184 | NS      | $5495096.16   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCANTILE BANK CORP                          | MERCANTILE BANK CORP                          | CUSIP: 587376104<br>LEI: P16VZZCKTJ5IONL6XE37 | Long             | EC               | CORP              | US        |     13072 | NS      | $660136.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DAILY JOURNAL CORP                            | DAILY JOURNAL CORP                            | CUSIP: 233912104<br>LEI: 2549004ASTNVLR8YWZ33 | Long             | EC               | CORP              | US        |      1375 | NS      | $663217.50    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| DHT HLDGS. INC                                | DHT HLDGS. INC                                | CUSIP: Y2065G121<br>LEI: 549300SMD6IVZYT74K40 | Long             | EC               | CORP              | MH        |    321421 | NS      | $5872361.67   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| HERITAGE INS. HLDGS. INC                      | HERITAGE INS. HLDGS. INC                      | CUSIP: 42727J102<br>LEI: 9845008CCYDD87F66B45 | Long             | EC               | CORP              | US        |     33486 | NS      | $879007.50    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| VAREX IMAGING CORP                            | VAREX IMAGING CORP                            | CUSIP: 92214X106<br>LEI: 549300CWYWPVCT8E9W67 | Long             | EC               | CORP              | US        |     48977 | NS      | $519645.97    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCENTRIX CORP                               | CONCENTRIX CORP                               | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     10672 | NS      | $291985.92    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| CBL & ASSOC. PROPS. INC                       | CBL & ASSOC. PROPS. INC                       | CUSIP: 124830878<br>LEI: 529900EIVFBRS4PUBZ13 | Long             | EC               | CORP              | US        |     16187 | NS      | $622066.41    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWARD HUGHES HLDGS. INC                      | HOWARD HUGHES HLDGS. INC                      | CUSIP: 44267T102<br>LEI: 254900TY494BHXIU6M60 | Long             | EC               | CORP              | US        |      7411 | NS      | $468819.86    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| CONTRA CHINOOK THERAPE                        | CONTRA CHINOOK THERAPE                        | CUSIP: 169CVR016<br>LEI: 549300X0O3003W5QYQ48 | Long             | EC               | CORP              | US        |     89437 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PACS GRP. INC                                 | PACS GRP. INC                                 | CUSIP: 69380Q107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15316 | NS      | $491949.92    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HUDSON TECHS. INC                             | HUDSON TECHS. INC                             | CUSIP: 444144109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92577 | NS      | $544352.76    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| XENCOR INC                                    | XENCOR INC                                    | CUSIP: 98401F105<br>LEI: 549300V5IF65437JKG30 | Long             | EC               | CORP              | US        |     45021 | NS      | $542953.26    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITIL CORP                                   | UNITIL CORP                                   | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39312 | NS      | $2053658.88   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| KITE REALTY GRP. TRUST                        | KITE REALTY GRP. TRUST                        | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27061 | NS      | $664347.55    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXA RES. SA                                  | NEXA RES. SA                                  | CUSIP: L67359106<br>LEI: 549300QRMRHM7GAU7L47 | Long             | EC               | CORP              | LU        |     66861 | NS      | $708057.99    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| METROPOLITAN BANK HLDG. C                     | METROPOLITAN BANK HLDG. C                     | CUSIP: 591774104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10329 | NS      | $860302.41    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY ENERGY INC                            | LIBERTY ENERGY INC                            | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44465 | NS      | $1280592.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| INVENTRUST PROPS. CORP                        | INVENTRUST PROPS. CORP                        | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |     19220 | NS      | $585441.20    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| QUIDELORTHO CORP                              | QUIDELORTHO CORP                              | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |     19097 | NS      | $313763.71    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HIPPO HLDGS. INC                              | HIPPO HLDGS. INC                              | CUSIP: 433539202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19912 | NS      | $518906.72    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNIAB INC EARNOUT $15.00                     | OMNIAB INC EARNOUT $15.00                     | CUSIP: 68218J301<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6939 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| WORTHINGTON STEEL INC                         | WORTHINGTON STEEL INC                         | CUSIP: 982104101<br>LEI: 2549009ZUUWL3QLK6G24 | Long             | EC               | CORP              | US        |     22286 | NS      | $676380.10    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SAFE BULKERS INC                              | SAFE BULKERS INC                              | CUSIP: Y7388L103<br>LEI: 549300V6ZM2HJJYQQO85 | Long             | EC               | CORP              | MH        |     72275 | NS      | $457500.75    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLDAN GRP. INC                              | WILLDAN GRP. INC                              | CUSIP: 96924N100<br>LEI: 529900YQO0LF5VAEKN05 | Long             | EC               | CORP              | US        |     12954 | NS      | $991758.24    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FS BANCORP INC                                | FS BANCORP INC                                | CUSIP: 30263Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14594 | NS      | $563182.46    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSENT GRP. LTD                               | ESSENT GRP. LTD                               | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |     50667 | NS      | $2960979.48   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| STOCK YARDS BANCORP INC                       | STOCK YARDS BANCORP INC                       | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |      9070 | NS      | $601250.30    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRUS ENERGY CORP                           | CENTRUS ENERGY CORP                           | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |      5063 | NS      | $878886.17    | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| NICOLET BANKSHARES INC                        | NICOLET BANKSHARES INC                        | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5093 | NS      | $756921.66    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CARS.COM INC                                  | CARS.COM INC                                  | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |    101055 | NS      | $820566.60    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| FIRST BUSINESS FINL. SERV                     | FIRST BUSINESS FINL. SERV                     | CUSIP: 319390100<br>LEI: 549300BXKLW2T50TKU95 | Long             | EC               | CORP              | US        |     13457 | NS      | $725736.01    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NEOGENOMICS INC                               | NEOGENOMICS INC                               | CUSIP: 64049M209<br>LEI: 549300KN62PPGHBVXB46 | Long             | EC               | CORP              | US        |    108194 | NS      | $802799.48    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW INC                                      | DNOW INC                                      | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |     38750 | NS      | $461512.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMBALL ELECTNCS. INC                         | KIMBALL ELECTNCS. INC                         | CUSIP: 49428J109<br>LEI: 549300COBYN2GZCBIU87 | Long             | EC               | CORP              | US        |     19616 | NS      | $464703.04    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SURGERY PARTNERS INC                          | SURGERY PARTNERS INC                          | CUSIP: 86881A100<br>LEI: 549300LC82HG33S19I03 | Long             | EC               | CORP              | US        |     32524 | NS      | $387686.08    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| DXC TECH. CO                                  | DXC TECH. CO                                  | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |     37642 | NS      | $473159.94    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINL. INC                         | BRIGHTHOUSE FINL. INC                         | CUSIP: 10922N103<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EC               | CORP              | US        |      9512 | NS      | $569578.56    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL VISION HLDGS. IN                     | NATIONAL VISION HLDGS. IN                     | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |     23397 | NS      | $605982.30    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX RES. CORP                                 | CNX RES. CORP                                 | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |    140068 | NS      | $5399621.40   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ABCELLERA BIOLOGICS INC                       | ABCELLERA BIOLOGICS INC                       | CUSIP: 00288U106<br>LEI: 9845000861BC95FF9F73 | Long             | EC               | CORP              | CA        |    123712 | NS      | $431754.88    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| ENACT HLDGS. INC                              | ENACT HLDGS. INC                              | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |      5816 | NS      | $237350.96    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GIGACLOUD TECH. INC                           | GIGACLOUD TECH. INC                           | CUSIP: G38644103<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     83579 | NS      | $3792815.02   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNIAB INC EARNOUT $12.50                     | OMNIAB INC EARNOUT $12.50                     | CUSIP: 68218J202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6939 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| F&G ANNUITIES & LIFE INC                      | F&G ANNUITIES & LIFE INC                      | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31166 | NS      | $789123.12    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEARFIELD INC                                | CLEARFIELD INC                                | CUSIP: 18482P103<br>LEI: 529900M4S2OQ1ADPR537 | Long             | EC               | CORP              | US        |     17543 | NS      | $464363.21    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DORIAN LPG LTD                                | DORIAN LPG LTD                                | CUSIP: Y2106R110<br>LEI: 549300WP1W2WGMC7F395 | Long             | EC               | CORP              | MH        |     18867 | NS      | $645251.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHASTAR PHARMS. INC                         | AMPHASTAR PHARMS. INC                         | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |      3829 | NS      | $75010.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY BANCSHARES INC                         | EQUITY BANCSHARES INC                         | CUSIP: 29460X109<br>LEI: 549300BPQ2EJNU4WF694 | Long             | EC               | CORP              | US        |     14224 | NS      | $631687.84    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHEAST COMMUNITY BANCO                     | NORTHEAST COMMUNITY BANCO                     | CUSIP: 664121100<br>LEI: 5493007BRYL8596Q9L26 | Long             | EC               | CORP              | US        |     23938 | NS      | $569724.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NOBLE CORP PLC                                | NOBLE CORP PLC                                | CUSIP: G65431127<br>LEI: 549300I3HBUNXO0OG954 | Long             | EC               | CORP              | GB        |     52528 | NS      | $2577548.96   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCBEST CORP                                  | ARCBEST CORP                                  | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     51386 | NS      | $5054326.96   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CARETRUST REIT INC                            | CARETRUST REIT INC                            | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     92130 | NS      | $3376564.50   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK7 CORP COM                                | BANK7 CORP COM                                | CUSIP: 06652N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13967 | NS      | $557003.96    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG HLDGS. INC                               | PROG HLDGS. INC                               | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |     20552 | NS      | $589636.88    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DEFINITIVE HEALTHCARE COR                     | DEFINITIVE HEALTHCARE COR                     | CUSIP: 24477E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    138958 | NS      | $170918.34    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LIFE TIME GRP. HLDGS. INC                     | LIFE TIME GRP. HLDGS. INC                     | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21107 | NS      | $568622.58    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| EMBECTA CORP                                  | EMBECTA CORP                                  | CUSIP: 29082K105<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | EC               | CORP              | US        |      7802 | NS      | $68969.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FLOTEK INDS. INC                              | FLOTEK INDS. INC                              | CUSIP: 343389409<br>LEI: 549300TF60OEK4FPPC44 | Long             | EC               | CORP              | US        |     53396 | NS      | $906130.12    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| ATLANTICUS HLDGS. CORP                        | ATLANTICUS HLDGS. CORP                        | CUSIP: 04914Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11136 | NS      | $584305.92    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BOX INC                                       | BOX INC                                       | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |     15601 | NS      | $368807.64    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| VILLAGE FARMS INTL. INC                       | VILLAGE FARMS INTL. INC                       | CUSIP: 92707Y108<br>LEI: 529900TR69X5FFZ6K955 | Long             | EC               | CORP              | CA        |    375264 | NS      | $1065749.76   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| ACADEMY SPORTS & OUTDOORS                     | ACADEMY SPORTS & OUTDOORS                     | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |     13343 | NS      | $753212.35    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA RES. CORP                          | CALIFORNIA RES. CORP                          | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |     69097 | NS      | $4782894.34   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| AZENTA INC                                    | AZENTA INC                                    | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |     17037 | NS      | $359991.81    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SM ENERGY CO                                  | SM ENERGY CO                                  | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    102397 | NS      | $3192738.46   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIFF DAVIS INC                                | ZIFF DAVIS INC                                | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |     30663 | NS      | $1286619.48   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TAYLOR MORRISON HOME CORP                     | TAYLOR MORRISON HOME CORP                     | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |    135470 | NS      | $7889772.80   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CORSAIR GAMING INC                            | CORSAIR GAMING INC                            | CUSIP: 22041X102<br>LEI: 549300Y7YT18L8G0H525 | Long             | EC               | CORP              | US        |     83136 | NS      | $461404.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BAR HARBOR BANKSHARES                         | BAR HARBOR BANKSHARES                         | CUSIP: 066849100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18911 | NS      | $613661.95    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR HLDGS. INC                                | QCR HLDGS. INC                                | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |     15300 | NS      | $1307385.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIFIRST CORP/MA                              | UNIFIRST CORP/MA                              | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |     21848 | NS      | $5496738.32   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA REALTY TRUST                           | ACADIA REALTY TRUST                           | CUSIP: 004239109<br>LEI: 254900C5XLB1YYJQSH07 | Long             | EC               | CORP              | US        |     28141 | NS      | $538055.92    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS CAP. BANCSHARES INC                     | TEXAS CAP. BANCSHARES INC                     | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     25649 | NS      | $2433577.12   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ANDERSONS INC/THE                             | ANDERSONS INC/THE                             | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |    122723 | NS      | $8809056.94   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| NELNET INC                                    | NELNET INC                                    | CUSIP: 64031N108<br>LEI: 549300T6B0Q52I6OM558 | Long             | EC               | CORP              | US        |     35869 | NS      | $4625666.24   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| EPLUS INC                                     | EPLUS INC                                     | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |      7976 | NS      | $600194.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III APPAREL GRP. LTD                        | G-III APPAREL GRP. LTD                        | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |      6195 | NS      | $171601.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI CORP                                      | HNI CORP                                      | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |      2876 | NS      | $96029.64     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MILLER INDS. INC/TN                           | MILLER INDS. INC/TN                           | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |      1554 | NS      | $70784.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GENWORTH FINL. INC                            | GENWORTH FINL. INC                            | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |    294070 | NS      | $2387848.40   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| PREFORMED LINE PRODS. CO                      | PREFORMED LINE PRODS. CO                      | CUSIP: 740444104<br>LEI: 549300EYH53XDJID2098 | Long             | EC               | CORP              | US        |      5217 | NS      | $1412502.75   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PURSUIT ATTRACTIONS                           | PURSUIT ATTRACTIONS                           | CUSIP: 92552R406<br>LEI: 549300PXU4ZW7LPO5Y40 | Long             | EC               | CORP              | US        |     15917 | NS      | $583039.71    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| INSTEEL INDS. INC                             | INSTEEL INDS. INC                             | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |      2635 | NS      | $88562.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWESTERN ENERGY                           | NORTHWESTERN ENERGY                           | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     60363 | NS      | $3980336.22   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TRICO BANCSHARES                              | TRICO BANCSHARES                              | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57890 | NS      | $2752090.60   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSIDE BANCSHARES INC                      | SOUTHSIDE BANCSHARES INC                      | CUSIP: 84470P109<br>LEI: 549300TC83207VQA2K65 | Long             | EC               | CORP              | US        |     19175 | NS      | $596150.75    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVEST FINL. CORP                            | UNIVEST FINL. CORP                            | CUSIP: 915271100<br>LEI: 4WII2HCR8UEWNU03U507 | Long             | EC               | CORP              | US        |     31208 | NS      | $1069186.08   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GREENBRIER COS INC/THE                        | GREENBRIER COS INC/THE                        | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |     11105 | NS      | $584678.25    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| COLONY BANKCORP INC CDT-C                     | COLONY BANKCORP INC CDT-C                     | CUSIP: 19623P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34709 | NS      | $693138.73    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLD.COM INC                                  | GOLD.COM INC                                  | CUSIP: 00181T107<br>LEI: XP6XYFDZQGKLUMOFGT37 | Long             | EC               | CORP              | US        |     16766 | NS      | $671981.28    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN OIL AND GAS INC                      | NORTHERN OIL AND GAS INC                      | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     47770 | NS      | $1396317.10   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| GOODRX HLDGS. INC                             | GOODRX HLDGS. INC                             | CUSIP: 38246G108<br>LEI: 529900ATKYECI45EHV09 | Long             | EC               | CORP              | US        |    215231 | NS      | $421852.76    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| URBAN EDGE PROPERTIES                         | URBAN EDGE PROPERTIES                         | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91078 | NS      | $1819738.44   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MARAVAI LIFESCIENCES HLDG                     | MARAVAI LIFESCIENCES HLDG                     | CUSIP: 56600D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    160713 | NS      | $454817.79    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| IBOTTA INC                                    | IBOTTA INC                                    | CUSIP: 451051106<br>LEI: 54930026OZD4IQ7YR615 | Long             | EC               | CORP              | US        |     22964 | NS      | $688231.08    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| NURIX THERAPEUTICS INC                        | NURIX THERAPEUTICS INC                        | CUSIP: 67080M103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11395 | NS      | $176622.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTSTAR LOTTERY PLC                        | BRIGHTSTAR LOTTERY PLC                        | CUSIP: G4863A108<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | EC               | CORP              | GB        |     99651 | NS      | $1269553.74   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CRACKER BARREL OLD COUNTR                     | CRACKER BARREL OLD COUNTR                     | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |     13689 | NS      | $384797.79    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| CNO FINL. GRP. INC                            | CNO FINL. GRP. INC                            | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |    179864 | NS      | $7385215.84   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| VISHAY PRECISION GRP. INC                     | VISHAY PRECISION GRP. INC                     | CUSIP: 92835K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20642 | NS      | $896275.64    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| KOPPERS HLDGS. INC                            | KOPPERS HLDGS. INC                            | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20118 | NS      | $778164.24    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TURTLE BEACH CORP                             | TURTLE BEACH CORP                             | CUSIP: 900450206<br>LEI: 549300SZRV8U8PXSYI20 | Long             | EC               | CORP              | US        |     40003 | NS      | $405630.42    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSENTIAL PROPS. REALTY T                     | ESSENTIAL PROPS. REALTY T                     | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    127794 | NS      | $3879825.84   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| AVANOS MEDICAL INC                            | AVANOS MEDICAL INC                            | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |     12973 | NS      | $181751.73    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GRID DYNAMICS HLDGS. INC                      | GRID DYNAMICS HLDGS. INC                      | CUSIP: 39813G109<br>LEI: 9845007E77EEC65AZE29 | Long             | EC               | CORP              | US        |     10368 | NS      | $59097.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDEN ENTERTAINMENT INC                      | GOLDEN ENTERTAINMENT INC                      | CUSIP: 381013101<br>LEI: 549300P8YYCKQVJ0Y638 | Long             | EC               | CORP              | US        |     18470 | NS      | $492964.30    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ACM RESEARCH INC                              | ACM RESEARCH INC                              | CUSIP: 00108J109<br>LEI: 549300MCTENUWL2GJL61 | Long             | EC               | CORP              | US        |     48727 | NS      | $1917407.45   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PAGSEGURO DIGITAL LTD                         | PAGSEGURO DIGITAL LTD                         | CUSIP: G68707101<br>LEI: 391200VY4YW47I4HGH62 | Long             | EC               | CORP              | KY        |    214596 | NS      | $2150251.92   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ACNB CORP                                     | ACNB CORP                                     | CUSIP: 000868109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13604 | NS      | $651223.48    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FARMLAND PARTNERS INC                         | FARMLAND PARTNERS INC                         | CUSIP: 31154R109<br>LEI: 549300LB188CHPZ4IL37 | Long             | EC               | CORP              | US        |     26195 | NS      | $294169.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGIC EDUCATION INC                       | STRATEGIC EDUCATION INC                       | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |      6359 | NS      | $527542.64    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TIDEWATER INC                                 | TIDEWATER INC                                 | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |     18867 | NS      | $1576337.85   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AMNEAL PHARMS. INC                            | AMNEAL PHARMS. INC                            | CUSIP: 03168L105<br>LEI: 549300VV176ZO5WQHZ61 | Long             | EC               | CORP              | US        |    100542 | NS      | $1249737.06   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BUSINESS FIRST BANCSHARES                     | BUSINESS FIRST BANCSHARES                     | CUSIP: 12326C105<br>LEI: 549300ILTC50KHDX4A08 | Long             | EC               | CORP              | US        |     23226 | NS      | $628031.04    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ONESPAN INC                                   | ONESPAN INC                                   | CUSIP: 68287N100<br>LEI: 984500E502E6DC354D26 | Long             | EC               | CORP              | US        |     39514 | NS      | $416082.42    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CRYOPORT INC                                  | CRYOPORT INC                                  | CUSIP: 229050307<br>LEI: 9845004D8538BT8JF626 | Long             | EC               | CORP              | US        |     58986 | NS      | $488404.08    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRANA HEALTH INC                            | ASTRANA HEALTH INC                            | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |     22230 | NS      | $545079.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCRETE PUMPING HLDGS. I                     | CONCRETE PUMPING HLDGS. I                     | CUSIP: 206704108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97951 | NS      | $699370.14    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| KEROS THERAPEUTICS INC                        | KEROS THERAPEUTICS INC                        | CUSIP: 492327101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37581 | NS      | $414894.24    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| AVIENT CORP                                   | AVIENT CORP                                   | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |     16094 | NS      | $584212.20    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CHOICEONE FINL. SERVS. IN                     | CHOICEONE FINL. SERVS. IN                     | CUSIP: 170386106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20053 | NS      | $563890.36    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN INC                                      | ASGN INC                                      | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |     22387 | NS      | $866600.77    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 VERTICALS INC                              | I3 VERTICALS INC                              | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |     37499 | NS      | $838477.64    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNOLIA OIL & GAS CORP                       | MAGNOLIA OIL & GAS CORP                       | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27915 | NS      | $881276.55    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AXOS FINL. INC                                | AXOS FINL. INC                                | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     73666 | NS      | $6268239.94   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| STONEX GRP. INC                               | STONEX GRP. INC                               | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |      8990 | NS      | $725003.18    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| RELAY THERAPEUTICS INC                        | RELAY THERAPEUTICS INC                        | CUSIP: 75943R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    396435 | NS      | $3944528.25   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| OTTER TAIL CORP                               | OTTER TAIL CORP                               | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31940 | NS      | $2803373.80   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| KOHL S CORP                                   | KOHL S CORP                                   | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |     61055 | NS      | $787609.50    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LA-Z-BOY INC                                  | LA-Z-BOY INC                                  | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |      5798 | NS      | $186347.72    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HARMONIC INC                                  | HARMONIC INC                                  | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |     60275 | NS      | $541269.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ASBURY AUTOMOTIVE GRP. IN                     | ASBURY AUTOMOTIVE GRP. IN                     | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |      2790 | NS      | $545193.90    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PHOTRONICS INC                                | PHOTRONICS INC                                | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |    198551 | NS      | $8023445.91   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SHORE BANCSHARES INC                          | SHORE BANCSHARES INC                          | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41878 | NS      | $782281.04    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DIODES INC                                    | DIODES INC                                    | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |     33638 | NS      | $2296129.88   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ LODGING TRUST                             | RLJ LODGING TRUST                             | CUSIP: 74965L101<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | EC               | CORP              | US        |     87371 | NS      | $648292.82    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| PVH CORP                                      | PVH CORP                                      | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |     19075 | NS      | $1330672.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MATSON INC                                    | MATSON INC                                    | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     31341 | NS      | $5138043.54   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CUSTOMERS BANCORP INC                         | CUSTOMERS BANCORP INC                         | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     39291 | NS      | $2727188.31   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| HELIX ENERGY SOLS. GRP. I                     | HELIX ENERGY SOLS. GRP. I                     | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |     69369 | NS      | $686059.41    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ARTESIAN RES. CORP                            | ARTESIAN RES. CORP                            | CUSIP: 043113208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15717 | NS      | $500586.45    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| PORTLAND GEN. ELEC. CO                        | PORTLAND GEN. ELEC. CO                        | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     82841 | NS      | $4371519.57   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN MISSOURI BANCORP                     | SOUTHERN MISSOURI BANCORP                     | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10898 | NS      | $696818.12    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKY BRANDS INC                              | ROCKY BRANDS INC                              | CUSIP: 774515100<br>LEI: 5299004HQ6GCTW838N96 | Long             | EC               | CORP              | US        |     36192 | NS      | $1401354.24   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| KAISER ALUMINUM CORP                          | KAISER ALUMINUM CORP                          | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2154 | NS      | $259578.54    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HERCULES CAP. INC                             | HERCULES CAP. INC                             | CUSIP: 427096508<br>LEI: 549300UJ5OC256GR2B73 | Long             | EC               | RF                | US        |     62437 | NS      | $922194.49    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| DOUGLAS EMMETT INC                            | DOUGLAS EMMETT INC                            | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48948 | NS      | $461090.16    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SALLY BEAUTY HLDGS. INC                       | SALLY BEAUTY HLDGS. INC                       | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |     14212 | NS      | $196836.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| VIRTUS INV. PARTNERS INC                      | VIRTUS INV. PARTNERS INC                      | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |      3059 | NS      | $410976.65    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENLANE INC                                  | OPENLANE INC                                  | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |     24024 | NS      | $700299.60    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ADDUS HOMECARE CORP                           | ADDUS HOMECARE CORP                           | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |      2169 | NS      | $203126.85    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG BANCORP                                   | OFG BANCORP                                   | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |     56701 | NS      | $2294122.46   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| EMPLOYERS HLDGS. INC                          | EMPLOYERS HLDGS. INC                          | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113394 | NS      | $4665029.16   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| MITEK SYS. INC                                | MITEK SYS. INC                                | CUSIP: 606710200<br>LEI: 549300ABZAQ3R25XG118 | Long             | EC               | CORP              | US        |     66800 | NS      | $901800.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NABORS INDS. LTD                              | NABORS INDS. LTD                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      6861 | NC      | $2662.07      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Liquid Asset Portfolio | Northern Institutional Liquid Asset Portfolio | CUSIP: 665279105<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |  12620765 | NS      | $12620765.25  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CME                                           | FUT. CME EMINIRUS2K JUN26                     | CUSIP: 02052FAB5<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       139 | NC      | $17459790.00  | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| IMM                                           | FUT. EMINI S&P JUN26                          | CUSIP: 02052FAB5<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |        12 | NC      | $3942450.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Northern Funds

**Signature:** Randal E. Rein

**Name of Signer:** Randal E. Rein

**Title:** Treasurer and Principal Financial Officer