# EDGAR Filing Document

**Accession Number:** 0001872253
**File Stem:** 0000940400-26-020923
**Filing Date:** 2026-5
**Character Count:** 62165
**Document Hash:** 6766e91b01181cdf8477793e04b93988
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020923.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0000940400-26-020923

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Total Fund Solution
- **CENTRAL INDEX KEY:** 0001872253

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23724
- **FILM NUMBER:** 261018079

**BUSINESS ADDRESS:**
- **STREET 1:** 810 GLENEAGLES CT
- **STREET 2:** SUITE 106
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21286
- **BUSINESS PHONE:** 703-608-3499

**MAIL ADDRESS:**
- **STREET 1:** 810 GLENEAGLES CT
- **STREET 2:** SUITE 106
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21286

## Series and Classes Contracts Data

### Cromwell Long Short Fund (Series ID: S000074017)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000231342 | Investor Class      | MFADX           |
| C000231343 | Institutional Class | MFLDX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Total Fund Solution

- **b. Investment Company Act file number:** 811-23724

- **c. CIK number of Registrant:** 0001872253

- **d. LEI of Registrant:** 549300CL4E1CB85QJL55

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

  - **Street Address 1:** 810 Gleneagles Ct

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21286

  - **Telephone number:** 888-844-4110

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

- **a. Name of Series:** Cromwell Long Short Fund

- **b. EDGAR series identifier (if any):** S000074017

- **c. LEI of Series:** 549300QKPPPUH1ZCE572

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $99587848.68

**Total Liabilities:** $14738484.65

**Net Assets:** $84849364.03

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000231343 | 1.51%                | -0.87%               | -3.70%               |
| Class ID C000231342 | 1.51%                | -0.89%               | -3.75%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $826453.09               | $537152.00                                 |
| Month 2  | $237544.30               | $-950308.46                                |
| Month 3  | $-538820.58              | $-2718678.26                               |

**Designated Index Information**

- **Index Name:** Russell 1000

- **Index Identifier:** RU1000

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Marathon Petroleum Corp.                      | Marathon Petroleum Corp. COM                                  | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      3430 | NS      | $837537.40    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                              | Badger Meter Inc COM                                          | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Short            | EC               | CORP              | US        |     -1177 | NS      | $-179315.95   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc.                               | DraftKings Inc. COM CL A                                      | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Short            | EC               | CORP              | US        |     -6572 | NS      | $-142086.64   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                   | Capital One Financial Corp. COM                               | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Short            | EC               | CORP              | US        |     -1203 | NS      | $-219463.29   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                     | Tesla Inc COM                                                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       985 | NS      | $366173.75    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co.                    | Archer-Daniels-Midland Co. COM                                | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |      5763 | NS      | $418912.47    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                        | Micron Technology Inc. COM                                    | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      1578 | NS      | $533111.52    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corporation                          | M&T Bank Corporation COM                                      | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |      2166 | NS      | $447755.52    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corporation                 | Liberty Broadband Corporation COM SER C                       | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Short            | EC               | CORP              | US        |     -4080 | NS      | $-205224.00   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc.                  | Alnylam Pharmaceuticals Inc. COM                              | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |      1613 | NS      | $533693.31    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                    | Apple Inc. COM                                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     14343 | NS      | $3640109.97   | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                                  | DoorDash Inc CL A                                             | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Short            | EC               | CORP              | US        |      -985 | NS      | $-147897.75   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc.                     | MarketAxess Holdings Inc. COM                                 | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Short            | EC               | CORP              | US        |     -1156 | NS      | $-190716.88   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Avis Budget Group Inc.                        | Avis Budget Group Inc. COM                                    | CUSIP: 053774105<br>LEI: 529900E95812SYWMCE44 | Short            | EC               | CORP              | US        |     -1494 | NS      | $-217899.90   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| WARNER MUSIC GROUP CORP                       | Warner Music Group Corporation COM CL A                       | CUSIP: 934550203<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -6549 | NS      | $-167261.46   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                                    | Reddit Inc CL A                                               | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |      3100 | NS      | $417415.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Incorporated                         | Teleflex Incorporated COM                                     | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Short            | EC               | CORP              | US        |     -1810 | NS      | $-216494.10   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                               | Eli Lilly & Co. COM                                           | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       715 | NS      | $657635.55    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Digital Inc.                           | Galaxy Digital Inc. CL A                                      | CUSIP: 36317J209<br>LEI: 9845001C4070E5N07806 | Short            | EC               | CORP              | US        |    -10353 | NS      | $-191012.85   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                    | Intuit Inc COM                                                | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      2000 | NS      | $864760.00    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                                  | Freshpet Inc COM                                              | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Short            | EC               | CORP              | US        |     -2681 | NS      | $-158071.76   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Vaxcyte Inc                                   | Vaxcyte Inc COM                                               | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Short            | EC               | CORP              | US        |     -3921 | NS      | $-227849.31   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                          | Booking Holdings Inc COM                                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       205 | NS      | $863115.60    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellantis N.V                                | Stellantis N.V COM EUR0.01                                    | CUSIP: 000000000<br>LEI: 549300LKT9PW7ZIBDF31 | Short            | EC               | CORP              | NL        |    -20738 | NS      | $-147032.42   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                                   | Avantor Inc COM                                               | CUSIP: 05352A100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -19949 | NS      | $-156400.16   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Treasury Obligations Cash Management  | Dreyfus Treasury Obligations Cash Management TREASURY INSTNAL | CUSIP: 261908107<br>LEI: 549300MKKM9KT7BF6329 | Long             | STIV             | RF                | US        |  15773890 | NS      | $15773890.46  | 18.59%            |  |  |  | No            |                  2 | On Loan: No      |
| CBIZ Inc.                                     | CBIZ Inc. COM                                                 | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Short            | EC               | CORP              | US        |     -3418 | NS      | $-91773.30    | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Ametek, Inc.                                  | Ametek, Inc. COM                                              | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      5929 | NS      | $1270940.44   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corporation                      | Lam Research Corporation COM NEW                              | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      6387 | NS      | $1364646.42   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                    | Zimmer Biomet Holdings Inc COM                                | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Short            | EC               | CORP              | US        |     -1902 | NS      | $-171978.84   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                   | AbbVie Inc. COM                                               | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      5361 | NS      | $1165963.89   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Sofi Technologies Inc                         | Sofi Technologies Inc COM                                     | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Short            | EC               | CORP              | US        |    -12574 | NS      | $-199675.12   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                            | Vertiv Holdings Co COM CL A                                   | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      2610 | NS      | $654013.80    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products & Chemicals, Inc.                | Air Products & Chemicals, Inc. COM                            | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Short            | EC               | CORP              | US        |      -762 | NS      | $-221353.38   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Samsara Inc                                   | Samsara Inc COM CL A                                          | CUSIP: 79589L106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -6631 | NS      | $-210136.39   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corporation                     | Union Pacific Corporation COM                                 | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      4515 | NS      | $1095429.30   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                                 | Insperity Inc COM                                             | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Short            | EC               | CORP              | US        |     -5285 | NS      | $-142906.40   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting, Inc.                          | FTI Consulting, Inc. COM                                      | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Short            | EC               | CORP              | US        |     -1346 | NS      | $-237932.42   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| MAKEMYTRIP LTD                                | MakeMyTrip Ltd. USD0.0005                                     | CUSIP: 000000000<br>LEI: 529900DNT8HNJ7RYUO60 | Short            | EC               | CORP              | MU        |     -2985 | NS      | $-111310.65   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Cellebrite Di Ltd                             | Cellebrite Di Ltd ORDINARY SHARES                             | CUSIP: 000000000<br>LEI: 254900G03462YGP1IO36 | Short            | EC               | CORP              | IL        |    -13357 | NS      | $-184059.46   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                               | First Solar Inc COM                                           | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Short            | EC               | CORP              | US        |     -1103 | NS      | $-217577.78   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corporation                      | Devon Energy Corporation COM                                  | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     18383 | NS      | $925032.56    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC      | Knight-Swift Transportation Holdings Inc. CL A                | CUSIP: 499049104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -4126 | NS      | $-237575.08   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                            | Meta Platforms Inc CL A                                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1100 | NS      | $629343.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                         | Monster Beverage Corp COM                                     | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |      2896 | NS      | $209844.16    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                           | Newmont Corporation COM                                       | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      4095 | NS      | $443283.75    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc                          | Blue Owl Capital Inc COM CL A                                 | CUSIP: 09581B103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -15337 | NS      | $-140026.81   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                    | Ameriprise Financial, Inc. COM                                | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      1376 | NS      | $611494.40    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc                             | Hamilton Lane Inc CL A                                        | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Short            | EC               | CORP              | US        |     -2231 | NS      | $-221761.40   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Zebra Technologies Corporation                | Zebra Technologies Corporation CL A                           | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Short            | EC               | CORP              | US        |      -880 | NS      | $-183990.40   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                            | Crown Holdings Inc COM                                        | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      6062 | NS      | $607715.50    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                  | NVIDIA Corp. COM                                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     37114 | NS      | $6472681.60   | 7.63%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                         | East West Bancorp Inc COM                                     | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |      4298 | NS      | $458854.48    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                        | Roper Technologies Inc COM                                    | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |       728 | NS      | $257610.08    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| L3 Harris Technologies Inc                    | L3 Harris Technologies Inc COM                                | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      1822 | NS      | $628863.30    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                 | Hilton Worldwide Holdings Inc COM                             | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      3109 | NS      | $945384.72    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc                   | Ryan Specialty Holdings Inc CL A                              | CUSIP: 78351F107<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3351 | NS      | $-113062.74   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc                          | Keurig Dr Pepper Inc COM                                      | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Short            | EC               | CORP              | US        |     -7959 | NS      | $-209560.47   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                              | Amazon.com, Inc. COM                                          | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     14967 | NS      | $3117177.09   | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corporation                           | Danaher Corporation COM                                       | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      2591 | NS      | $491253.60    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                               | Microsoft Corp. COM                                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     11630 | NS      | $4305077.10   | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group Inc                              | Zillow Group Inc CL C CAP STK                                 | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Short            | EC               | CORP              | US        |     -2638 | NS      | $-109160.44   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| CAVA GROUP INC                                | CAVA Group Inc. COM                                           | CUSIP: 148929102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -2658 | NS      | $-215032.20   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                                      | CDW Corp COM                                                  | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Short            | EC               | CORP              | US        |     -1115 | NS      | $-134937.30   | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                               | Emcor Group Inc COM                                           | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      1310 | NS      | $967186.10    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment, Inc.               | Live Nation Entertainment, Inc. COM                           | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Short            | EC               | CORP              | US        |     -1405 | NS      | $-214276.55   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                               | Salesforce Inc. COM                                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      1859 | NS      | $347019.53    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                              | RBC Bearings Inc COM                                          | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1159 | NS      | $629476.08    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.                        | The TJX Companies Inc. COM                                    | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      2010 | NS      | $320997.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc                     | Kinsale Capital Group Inc COM                                 | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Short            | EC               | CORP              | US        |      -597 | NS      | $-203971.02   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                     | KLA Corp. COM NEW                                             | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       525 | NS      | $773015.25    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc.                                  | Equifax Inc. COM                                              | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Short            | EC               | CORP              | US        |      -802 | NS      | $-144416.14   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                      | Crowdstrike Holdings Inc CL A                                 | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      1317 | NS      | $514169.97    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers, Inc.                           | Toll Brothers, Inc. COM                                       | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      3776 | NS      | $515310.72    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| JOBY AVIATION INC                             | Joby Aviation Inc. COM USD0.0001                              | CUSIP: 000000000<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -11102 | NS      | $-91702.52    | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                         | Colgate-Palmolive Co. COM                                     | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     11497 | NS      | $979889.31    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                              | McDonald's Corp. COM                                          | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      1473 | NS      | $457793.67    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp.                                     | FMC Corp. COM NEW                                             | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Short            | EC               | CORP              | US        |    -13411 | NS      | $-230937.42   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                          | Amphenol Corporation CL A                                     | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      7220 | NS      | $912247.00    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH INDUSTRIAL NV                             | CNH Industrial N.V. COM EUR0.01                               | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Short            | EC               | CORP              | NL        |    -20037 | NS      | $-220407.00   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods, Inc.                           | Flowers Foods, Inc. COM                                       | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Short            | EC               | CORP              | US        |    -13463 | NS      | $-109723.45   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                | Morgan Stanley COM NEW                                        | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      6283 | NS      | $1033993.31   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc.                     | Super Micro Computer Inc. COM NEW                             | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Short            | EC               | CORP              | US        |     -6893 | NS      | $-156953.61   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                 | Alphabet Inc. CAP STK CL A                                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     15671 | NS      | $4506352.76   | 5.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc.                           | Analog Devices Inc. COM                                       | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       752 | NS      | $239241.28    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corporation                           | Entergy Corporation COM                                       | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      6837 | NS      | $768205.32    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc.                       | IDEXX Laboratories Inc. COM                                   | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      1504 | NS      | $845082.56    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                       | Dow Inc COM                                                   | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Short            | EC               | CORP              | US        |     -5805 | NS      | $-241778.25   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                      | AT&T Inc COM                                                  | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     21643 | NS      | $627430.57    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                         | Parker-Hannifin Corp. COM                                     | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       967 | NS      | $865697.08    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap Inc                                      | Snap Inc CL A                                                 | CUSIP: 83304A106<br>LEI: 549300JNC0L6VP8A2Q35 | Short            | EC               | CORP              | US        |    -22574 | NS      | $-103840.40   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corporation                           | Parsons Corporation COM                                       | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Short            | EC               | CORP              | US        |     -4244 | NS      | $-229897.48   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Aurora Innovation Inc                         | Aurora Innovation Inc CLASS A COM                             | CUSIP: 051774107<br>LEI: 984500AB2E0D9F7D9D76 | Short            | EC               | CORP              | US        |    -48691 | NS      | $-200606.92   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                           | Arista Networks Inc COM SHS                                   | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      2749 | NS      | $337522.22    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc.          | Applied Industrial Technologies Inc. COM                      | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      3646 | NS      | $967356.72    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances Inc.       | International Flavors & Fragrances Inc. COM                   | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Short            | EC               | CORP              | US        |     -2707 | NS      | $-196392.85   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc.                      | Insight Enterprises Inc. COM                                  | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Short            | EC               | CORP              | US        |     -1361 | NS      | $-91200.61    | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                             | Johnson & Johnson COM                                         | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      8305 | NS      | $2030074.20   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc                      | Procore Technologies Inc COM                                  | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Short            | EC               | CORP              | US        |     -2964 | NS      | $-168948.00   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                                | Servicenow Inc COM                                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      5846 | NS      | $611199.30    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                         | Robinhood Markets Inc COM CL A                                | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Short            | EC               | CORP              | US        |     -2954 | NS      | $-204712.20   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                            | EOG Resources Inc. COM                                        | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      5788 | NS      | $836771.16    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                               | CBRE Group Inc. CL A                                          | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      6339 | NS      | $858680.94    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corporation                          | Westlake Corporation COM                                      | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Short            | EC               | CORP              | US        |     -1911 | NS      | $-223243.02   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Intermediate Holdings Inc.           | BellRing Intermediate Holdings Inc. COMMON STOCK              | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Short            | EC               | CORP              | US        |     -6805 | NS      | $-109492.45   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                                 | On Holding AG NAMEN AKT A                                     | CUSIP: 000000000<br>LEI: 506700FB3467B9W95526 | Short            | EC               | CORP              | CH        |     -4869 | NS      | $-165643.38   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc                          | Kyndryl Holdings Inc COMMON STOCK                             | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Short            | EC               | CORP              | US        |    -18055 | NS      | $-236881.60   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                  | Thermo Fisher Scientific Inc COM                              | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1591 | NS      | $782024.23    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                               | Caterpillar Inc COM                                           | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2223 | NS      | $1574906.58   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                         | NXP Semiconductors NV EUR0.20                                 | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |      2765 | NS      | $544317.90    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| The Cigna Group                               | The Cigna Group COM                                           | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      1549 | NS      | $413195.75    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Aaon Inc                                      | Aaon Inc COM PAR $0.004                                       | CUSIP: 000360206<br>LEI: 549300ZHF0E5VM7PUD37 | Short            | EC               | CORP              | US        |     -2148 | NS      | $-177747.00   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc.                            | ManpowerGroup Inc. COM                                        | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Short            | EC               | CORP              | US        |     -7641 | NS      | $-225103.86   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                               | Home Depot Inc. COM                                           | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1814 | NS      | $596606.46    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                            | Ralph Lauren Corp. CL A                                       | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      2811 | NS      | $966955.89    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| INVITATION HOMES INC                          | Invitation Homes Inc. COM                                     | CUSIP: 46187W107<br>LEI: 984500FE452E665C9F85 | Short            | EC               | CORP              | US        |     -6191 | NS      | $-153846.35   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Moodys Corp.                                  | Moodys Corp. COM                                              | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      1108 | NS      | $483365.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarepta Therapeutics Inc                      | Sarepta Therapeutics Inc COM                                  | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Short            | EC               | CORP              | US        |     -9506 | NS      | $-206850.56   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust Inc                    | Americold Realty Trust Inc COM                                | CUSIP: 03064D108<br>LEI: 894500O3S3W62PQPO460 | Short            | EC               | CORP              | US        |    -18136 | NS      | $-207838.56   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                    | Watsco Inc COM                                                | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Short            | EC               | CORP              | US        |      -495 | NS      | $-180076.05   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| D.R. Horton, Inc.                             | D.R. Horton, Inc. COM                                         | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      3297 | NS      | $452414.34    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Cruise Line Holdings Ltd            | Norwegian Cruise Line Holdings Ltd COM USD0.001               | CUSIP: 000000000<br>LEI: N/A                  | Short            | EC               | CORP              | BM        |    -10083 | NS      | $-188552.10   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| General Mills, Inc.                           | General Mills, Inc. COM                                       | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Short            | EC               | CORP              | US        |     -4919 | NS      | $-183085.18   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corporation                  | Twist Bioscience Corporation COM                              | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Short            | EC               | CORP              | US        |     -4651 | NS      | $-221015.52   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare, Inc.                       | Molina Healthcare, Inc. COM                                   | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Short            | EC               | CORP              | US        |     -1511 | NS      | $-201416.30   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company                  | Bristol-Myers Squibb Company COM                              | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     10728 | NS      | $650653.20    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                                   | Ecolab Inc. COM                                               | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      2029 | NS      | $539754.58    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial, Inc.             | Fidelity National Financial, Inc. COM SHS                     | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Short            | EC               | CORP              | US        |     -4009 | NS      | $-185937.42   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                               | Starbucks Corp. COM                                           | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Short            | EC               | CORP              | US        |     -2320 | NS      | $-207848.80   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock plc                          | Smurfit WestRock plc COM USD0.001                             | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Short            | EC               | CORP              | IE        |     -4877 | NS      | $-194348.45   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                      | Visa Inc COM CL A                                             | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      5891 | NS      | $1780495.84   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                         | Freeport-McMoRan Inc. CL B                                    | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      7170 | NS      | $421452.60    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                   | Dick's Sporting Goods, Inc. COM                               | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Short            | EC               | CORP              | US        |     -1020 | NS      | $-202255.80   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Ocular Therapeutix Inc                        | Ocular Therapeutix Inc COM                                    | CUSIP: 67576A100<br>LEI: 529900ABAWFXOHSIHG03 | Short            | EC               | CORP              | US        |    -23067 | NS      | $-195377.49   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                          | JPMorgan Chase & Co. COM                                      | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      8964 | NS      | $2636850.24   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                       | MasterCard Incorporated CL A                                  | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3369 | NS      | $1683354.54   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Lineage Inc                                   | Lineage Inc COM                                               | CUSIP: 53566V106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -4787 | NS      | $-156822.12   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| WASTE CONNECTIONS INC                         | Waste Connections Inc. COM                                    | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Short            | EC               | CORP              | CA        |     -1256 | NS      | $-204024.64   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                        | Trane Technologies PLC COM USD1                               | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       507 | NS      | $211287.18    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                  | Broadcom Inc COM                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      6550 | NS      | $2027290.50   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TREX COMPANY INC                              | Trex Company, Inc. COM                                        | CUSIP: 89531P105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -5345 | NS      | $-194664.90   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Arm Holdings PLC                              | Arm Holdings PLC SPONSORED ADS                                | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Short            | EC               | CORP              | GB        |     -1362 | NS      | $-206043.36   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Biohaven Ltd                                  | Biohaven Ltd COM                                              | CUSIP: 000000000<br>LEI: N/A                  | Short            | EC               | CORP              | VG        |    -13405 | NS      | $-113406.30   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc.                               | GE Vernova Inc. COM                                           | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |       706 | NS      | $616267.40    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                        | Equitable Holdings Inc COM                                    | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Short            | EC               | CORP              | US        |     -4822 | NS      | $-178944.42   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.              | Philip Morris International Inc. COM                          | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      8007 | NS      | $1323877.38   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc.                        | Applied Materials Inc. COM                                    | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      3493 | NS      | $1193872.47   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc.                          | Gilead Sciences Inc. COM                                      | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      7830 | NS      | $1091267.10   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corporation                            | Kemper Corporation COM                                        | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Short            | EC               | CORP              | US        |     -4189 | NS      | $-128015.84   | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                              | NRG Energy, Inc. COM NEW                                      | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      9175 | NS      | $1340834.50   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Nike, Inc.                                    | Nike, Inc. CL B                                               | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Short            | EC               | CORP              | US        |     -3548 | NS      | $-187405.36   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| VanEck ETF Trust                              | VanEck ETF Trust VANECK RUSSIA ETF                            | CUSIP: 92189F403<br>LEI: 549300FPRVRCCMKQFC88 | Long             | EC               | RF                | US        |     81903 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CHEVRON CORP                                  | Chevron Corp. COM                                             | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6270 | NS      | $1297263.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                           | Coinbase Global Inc COM CL A                                  | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Short            | EC               | CORP              | US        |      -541 | NS      | $-94464.01    | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                   | Verizon Communications Inc. COM                               | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     18226 | NS      | $914945.20    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                                  | Lennar Corp. CL A                                             | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Short            | EC               | CORP              | US        |     -1860 | NS      | $-161522.40   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Companies Inc.                       | Carlisle Companies Inc. COM                                   | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      1009 | NS      | $336622.58    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS PACIFIC LAND CORP                       | Texas Pacific Land Corporation COM                            | CUSIP: 88262P102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -428 | NS      | $-203111.68   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation                  | Costco Wholesale Corporation COM                              | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       676 | NS      | $673586.68    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd.  | Taiwan Semiconductor Manufacturing Co., Ltd. SPONSORED ADS    | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      2053 | NS      | $693811.35    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                | ConocoPhillips COM                                            | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      8682 | NS      | $1146024.00   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MMC Norilsk Nickel Public Joint Stock Company | MMC Norilsk Nickel Public Joint Stock Company SPONSORED ADR   | CUSIP: 55315J102<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |    105916 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Coty Inc.                                     | Coty Inc. COM CL A                                            | CUSIP: 222070203<br>LEI: 549300BO9IWPF3S48F93 | Short            | EC               | CORP              | US        |    -89335 | NS      | $-179563.35   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd.                       | Arch Capital Group Ltd. COM USD0.01                           | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     10036 | NS      | $963355.64    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-26

**Name of Applicant:** Total Fund Solution

**Signature:** Brian Nelson

**Name of Signer:** Brian Nelson

**Title:** Treasurer, Principal Financial Officer