# EDGAR Filing Document

**Accession Number:** 0000357204
**File Stem:** 0001752724-25-203742
**Filing Date:** 2025-8
**Character Count:** 29643
**Document Hash:** c170baf5db2602332f55f57506424d2e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203742.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203742

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Segall Bryant & Hamill Trust
- **CENTRAL INDEX KEY:** 0000357204

**ORGANIZATION NAME:**
- **EIN:** 510263765
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03373
- **FILM NUMBER:** 251253475

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 303-623-2577

**MAIL ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE FUNDS INC
- **DATE OF NAME CHANGE:** 19860506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUNMONT WEST FUND INC
- **DATE OF NAME CHANGE:** 19820520

## Series and Classes Contracts Data

### Segall Bryant & Hamill Small Cap Value Fund (Series ID: S000065432)

| Class ID   | Class Name                                                      | Ticker Symbol   |
|:---|:---|:---|
| C000211587 | Segall Bryant & Hamill Small Cap Value Fund-Institutional Class | SBHVX           |
| C000211588 | Segall Bryant & Hamill Small Cap Value Fund-Retail Class        | SBRVX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Segall Bryant & Hamill Trust

- **b. Investment Company Act file number:** 811-03373

- **c. CIK number of Registrant:** 0000357204

- **d. LEI of Registrant:** 549300D12PXTPNG46V56

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** SBH SMALL CAP VALUE FUND

- **b. EDGAR series identifier (if any):** S000065432

- **c. LEI of Series:** 549300LZPGQ2515FIJ21

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

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

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $396126811.83

**Total Liabilities:** $296210.02

**Net Assets:** $395830601.81

**Cash Not Reported:** $5369385.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000211588 | -5.74%               | 7.19%                | 5.39%                |
| Class ID C000211587 | -5.73%               | 7.17%                | 5.45%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-753119.89              | $-23124586.19                              |
| Month 2  | $3366611.62              | $23139688.39                               |
| Month 3  | $3751633.46              | $16731683.12                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Pacific Premier Bancorp Inc                 | Pacific Premier Bancorp, Inc.                | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |    120623 | NS      | $2543939.07   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc.                     | Advance Auto Parts, Inc.                     | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |    153874 | NS      | $7153602.26   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc.                             | Littelfuse, Inc.                             | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |     30204 | NS      | $6848152.92   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System Inc.                | Columbia Banking System, Inc.                | CUSIP: 197236102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    283949 | NS      | $6638727.62   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Precision Group Inc.                 | Vishay Precision Group, Inc.                 | CUSIP: 92835K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37623 | NS      | $1057206.30   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc.                                 | Rambus, Inc.                                 | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     48812 | NS      | $3124944.24   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire State Realty Trust Inc               | Empire State Realty Trust, Inc.              | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |    201801 | NS      | $1632570.09   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp.                            | South State Corporation                      | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |     64760 | NS      | $5959862.80   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingevity Corporation                        | Ingevity Corporation                         | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |    220708 | NS      | $9510307.72   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Five9 Inc.                                  | Five9, Inc.                                  | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Long             | EC               | CORP              | US        |     73238 | NS      | $1939342.24   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerpac Tool Group Corp                     | Enerpac Tool Group Corporation               | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |     45040 | NS      | $1826822.40   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                       | Element Solutions, Inc.                      | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    225564 | NS      | $5109024.60   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Papa John's International Inc.              | Papa John's International, Inc.              | CUSIP: 698813102<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | EC               | CORP              | US        |    161054 | NS      | $7881982.76   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares, Inc.              | Texas Capital Bancshares, Inc.               | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     92677 | NS      | $7358553.80   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU Medical Inc                             | ICU Medical, Inc.                            | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |     59520 | NS      | $7865568.00   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd.                         | Capri Holdings Ltd.                          | CUSIP: G1890L107<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               | CORP              | US        |    245465 | NS      | $4344730.50   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corporation                 | Hancock Whitney Corp                         | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |     97524 | NS      | $5597877.60   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Galapagos NV                                | GALAPAGOS NV                                 | CUSIP: 36315X101<br>LEI: 549300QKJ78IY0IOV655 | Long             | EC               | CORP              | BE        |    113522 | NS      | $3177480.78   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Angiodynamics Inc                           | AngioDynamics, Inc.                          | CUSIP: 03475V101<br>LEI: 549300W3VKC5ZKMO8C28 | Long             | EC               | CORP              | US        |    322747 | NS      | $3201650.24   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Madden(Steven)Ltd.                          | Steven Madden Ltd.                           | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     67783 | NS      | $1625436.34   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                    | Valmont Industries, Inc.                     | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |     40666 | NS      | $13280295.62  | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions Inc                         | Viavi Solutions, Inc.                        | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |    399071 | NS      | $4018644.97   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| V.F. Corp                                   | VF Corporation                               | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |    669060 | NS      | $7861455.00   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Valaris Ltd.                                | Valaris Limited Class A                      | CUSIP: G9460G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52005 | NS      | $2189930.55   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Progress Software Corp.                     | Progress Software Corporation                | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |    125534 | NS      | $8014090.56   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I Glass Inc                               | O-I Glass, Inc.                              | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    583299 | NS      | $8597827.26   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Caretrust Reit Inc                          | CareTrust REIT, Inc. REIT                    | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |    123662 | NS      | $3784057.20   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp Inc.                        | Glacier Bancorp, Inc.                        | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |    123242 | NS      | $5309265.36   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc.                        | Silgan Holdings, Inc.                        | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |     99399 | NS      | $5385437.82   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp                  | Sensient Technologies Corporation            | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |     62579 | NS      | $6165283.08   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| AdaptHealth Corporation                     | Adapthealth Corp.                            | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    931262 | NS      | $8781800.66   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks Inc.(South Carolina) | United Community Banks, Inc.                 | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |    132205 | NS      | $3938386.95   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambarella Inc                               | Ambarella, Inc.                              | CUSIP: G037AX101<br>LEI: 254900XN7F4DG0CEKC02 | Long             | EC               | CORP              | US        |     68227 | NS      | $4507416.76   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                                     | EnerSys                                      | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |     78109 | NS      | $6699408.93   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Geron Corp.                                 | Geron Corporation                            | CUSIP: 374163103<br>LEI: 549300T282D7Z2YESL90 | Long             | EC               | CORP              | US        |   1661763 | NS      | $2343085.83   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Financial System Inc              | Community Bank System, Inc.                  | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |     97692 | NS      | $5555744.04   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Display Corp.                     | Universal Display Corporation                | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23735 | NS      | $3666108.10   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogenomics Inc                             | Neogenomics, Inc.                            | CUSIP: 64049M209<br>LEI: 549300KN62PPGHBVXB46 | Long             | EC               | CORP              | US        |    434839 | NS      | $3178673.09   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co.                         | Crescent Energy Company Class A common stock | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    595565 | NS      | $5121859.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Synaptics Incorporated                      | Synaptics, Inc.                              | CUSIP: 87157D109<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | EC               | CORP              | US        |     97613 | NS      | $6327274.66   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentherm Inc                                | Gentherm, Inc.                               | CUSIP: 37253A103<br>LEI: HKM6YX1U5JS60TCUB219 | Long             | EC               | CORP              | US        |    101834 | NS      | $2880883.86   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro MicroSystems Inc                    | Allegro MicroSystems, Inc.                   | CUSIP: 01749D105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    217115 | NS      | $7423161.85   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corporation Of Florida     | Seacoast Banking Corporation of Florida      | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |    232099 | NS      | $6410574.38   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Helmerich & Payne Inc                       | Helmerich & Payne, Inc.                      | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |    146880 | NS      | $2226700.80   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BioCryst Pharmaceuticals  Inc.              | BIOCRYST PHARMACEUTICALS, INC.               | CUSIP: 09058V103<br>LEI: 549300Z0INP1Z5NP6J59 | Long             | EC               | CORP              | US        |    249863 | NS      | $2238772.48   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanex Building Products Corp.              | Quanex Building Products Corporation         | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               | CORP              | US        |    240444 | NS      | $4544391.60   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                              | Ameris Bancorp                               | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     82547 | NS      | $5340790.90   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Peoples Bancorp Inc. (Ohio)                 | Peoples BanCorp, Inc.                        | CUSIP: 709789101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38310 | NS      | $1169987.40   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcbest Corporation                         | ArcBest Corporation                          | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     38636 | NS      | $2975358.36   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold Inc.                            | Alamos Gold, Inc. CLASS A                    | CUSIP: 011532108<br>LEI: 549300TDOX73YGYXE959 | Long             | EC               | CORP              | CA        |    292399 | NS      | $7766117.44   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corporation                      | Murphy Oil Corporation                       | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |    236803 | NS      | $5328067.50   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp                 | National Bank Holdings Corporation           | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    172513 | NS      | $6488213.93   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| HUB Group Inc                               | Hub Group, Inc.                              | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48688 | NS      | $1627639.84   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                         | Mercury Systems, Inc.                        | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |    221666 | NS      | $11938930.76  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy Inc.                            | TXNM Energy, Inc.                            | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |    111284 | NS      | $6267514.88   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbus McKinnon Corp.                     | Columbus McKinnon Corporation                | CUSIP: 199333105<br>LEI: 549300W3HQB0HO1F3G69 | Long             | EC               | CORP              | US        |    131241 | NS      | $2004050.07   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corporation                      | OGE Energy Corporation                       | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |    104617 | NS      | $4642902.46   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Nlight Inc.                                 | nLight Inc                                   | CUSIP: 65487K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124144 | NS      | $2443153.92   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Rev Group Inc                               | REV GROUP, INC.                              | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |    249772 | NS      | $11886649.48  | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                                | Cadence Bank                                 | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |    215986 | NS      | $6907232.28   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                           | MP Materials Corp.                           | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |    202701 | NS      | $6743862.27   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp.                                   | AAR Corporation                              | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     52326 | NS      | $3599505.54   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Enterprises Inc.                     | Apogee Enterprises, Inc.                     | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |    138968 | NS      | $5642100.80   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodyear Tire & Rubber Co. The              | Goodyear Tire & Rubber Company (The)         | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |    729506 | NS      | $7564977.22   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                       | STAG Industrial, Inc.                        | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |    133833 | NS      | $4855461.24   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| QuidelOrtho Corp                            | Quidel Corporation                           | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |    263971 | NS      | $7607644.22   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Coty Inc.                                   | Coty, Inc. Class A                           | CUSIP: 222070203<br>LEI: 549300BO9IWPF3S48F93 | Long             | EC               | CORP              | US        |    383600 | NS      | $1783740.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesbanco Inc                                | WesBanco, Inc.                               | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    203264 | NS      | $6429240.32   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corporation                  | Terreno Realty Corporation                   | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54850 | NS      | $3075439.50   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalBridge Group Inc                     | DigitalBridge Group, Inc.                    | CUSIP: 25401T603<br>LEI: 549300XG87L902AGBO89 | Long             | EC               | CORP              | US        |    495594 | NS      | $5129397.90   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Resources Corp.                  | New Jersey Resources Corporation             | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |     72847 | NS      | $3265002.54   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Pediatrix Medical Group Inc                 | Pediatrix Medical Group, Inc.                | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    126134 | NS      | $1810022.90   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc.                                 | Belden, Inc.                                 | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |     76149 | NS      | $8818054.20   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                                     | AZZ, Inc.                                    | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |    112197 | NS      | $10600372.56  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd                          | Ichor Holdings Ltd.                          | CUSIP: G4740B105<br>LEI: 529900PS8R2JVLJ2H892 | Long             | EC               | CORP              | US        |     89863 | NS      | $1764909.32   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** SBH Small Cap Value Fund

**Signature:** Daniel D. Bauer

**Name of Signer:** Daniel D. Bauer

**Title:** Assistant Treasurer